News Center
News – Insurance Journal
Global 2020 Cannabis Sales Hit $21B, Insurance Brokers Saw Premium Boost
If one thing can be said about the pandemic, it definitely was not a bad thing for cannabis, a business that many states declared to be essential as numerous other business sectors shut down to help slow the spread of …
POSTED MARCH 03, 2021 12:21 AM |
Sedgwick Acquires Construction Services Co. in California
Sedgwick has acquired Construction Services Co., a building consulting firm headquartered in California. Terms of the deal were not disclosed. CSC provides loss assessment perspectives with an array of services focusing on the varied needs of the claims industry. Sedgwick …
POSTED MARCH 02, 2021 6:17 PM |
Supreme Court Won’t Reconsider Verdict for Deaf Costco Worker Firing Case
A deaf former employee of a South Florida Costco store won’t be collecting $775,000 a federal jury awarded her in a discrimination and wrongful termination case. The U.S. Supreme Court last week declined to reconsider a judge’s decision to overturn …
POSTED MARCH 02, 2021 5:59 PM |
Misery Lingers for Many Without Water in Mississippi Capital
Water for flushing toilets was being distributed at seven sites in Mississippi’s capital city – more than 10 days after winter storms wreaked havoc on the city’s water system. The sites were open in Jackson on Sunday because the system …
POSTED MARCH 02, 2021 5:56 PM |
Nearly $37M Recovered for Ohio Insurance Consumers in 2020
Nearly $37 million was saved or recovered for Ohio insurance consumers in 2020, the state insurance department announced. Ohio Department of Insurance services staff resolved insurance coverage and claim disputes, outlined suitable insurance options, and identified financial assistance programs, according …
POSTED MARCH 02, 2021 5:54 PM |
North Texas Foam Recycling Plant Burns; 3 Workers Injured
Three workers were injured as a massive North Texas foam recycling plant fire burned all day on Feb. 25 and into the night. The fire at the Advanced Foam Recycling plant in the Fort Worth suburb of Richland Hills was …
POSTED MARCH 02, 2021 5:47 PM |
Survey: Midwest Economy Grows, but Inflation, Shipping Worries Loom
The economy in nine Midwest and Plains states continues to improve to levels seen before the start of the coronavirus pandemic last year, according to a new monthly survey of business leaders, but concerns about rising inflation and bottlenecks in …
POSTED MARCH 02, 2021 5:45 PM |
GCG Financial Promotes DeMello, Levitz in Illinois
Deerfield, Illinois-based GCG Financial, a full-service financial services firm and part of the Alera Group, has promoted David Levitz to managing partner and Carla DeMello to president, Employee Benefits. Levitz, who previously served as president, Employee Benefits, will focus on …
POSTED MARCH 02, 2021 5:43 PM |
Etheredge Named VP, Human Resources, at Hotchkiss Insurance in Texas
Texas-based independent agency, Hotchkiss Insurance, has promoted Heather Etheredge to vice president of human resources. Etheredge will serve on the executive leadership team with a focus on developing and implementing the agency’s strategic organizational plans. Her expanded responsibilities will include …
POSTED MARCH 02, 2021 5:39 PM |
CRC Group Adds Griffin General Agency in Houston
CRC Group, a nationwide wholesale distributor of specialty insurance products, has hired the team and purchased the renewal rights for the business of Griffin General Agency Inc., a Houston-based managing general agency (MGA). Led by John Griffin, president, Griffin General …
POSTED MARCH 02, 2021 5:38 PM |
News – Claims Journal
Boeing Weighs In on Potential Safety Risk With New Airbus Jet
Boeing Co. called out potential fire-safety issues with the fuel-tank design on Airbus SE’s coming 321XLR, a jet that’s crucial to the European planemaker’s future lineup. Airbus has positioned the rear-center fuel tank of the A321XLR under the floor of …
POSTED MARCH 02, 2021 5:56 PM |
Bentley’s U.S. Recall Covers One $259,000 Flying Spur Sedan
The American owner of a rare, $259,000 British sedan is getting something even rarer: a recall involving only one car. Bentley Motors Ltd. is recalling one 2020 Flying Spur W12 because it is at risk of a fuel leak due …
POSTED MARCH 02, 2021 5:53 PM |
To Go Electric, America Needs More Mines. Can it Build Them?
Last September, in the arid hills of northern Nevada, a cluster of flowers found nowhere else on earth died mysteriously overnight. Conservationists were quick to suspect Ioneer Ltd, an Australian firm that wants to mine the lithium that lies beneath …
POSTED MARCH 02, 2021 5:41 PM |
Russia’s Nornickel Can Restore Water-Hit Mines, but Unclear When
MOSCOW — Russian metals producer Norilsk Nickel can draw on Soviet-era know-how to clear two partly-suspended ore mines of water, but it is hard to predict how long the operation will take, two industry experts said. Nornickel, the world’s largest …
POSTED MARCH 02, 2021 5:29 PM |
Heavy Rains Lead To Rescues, Road Closures in Appalachia
LOUISVILLE, Ky. (AP) — Heavy rain across Appalachia has led to water rescues, mudslides, road closures and power outages, officials said. In Kentucky, officials in Magoffin and Pike counties declared a state of emergency Sunday due to damage from the …
POSTED MARCH 02, 2021 5:04 PM |
Hundreds Claim Decades of Abuse by 150 Youth Center Staffers
CONCORD, N.H. (AP) — Abuse allegations against New Hampshire’s state-run youth detention center now span six decades, with 150 staffers during that time accused of physically or sexually harming 230 children at a facility the victims’ attorney calls a “magnet …
POSTED MARCH 02, 2021 4:52 PM |
TC Energy, Ex-Columbia Pipeline Execs Must Face Lawsuit Over $10 Billion Deal
WILMINGTON, Del. — TC Energy Corp and two former Columbia Pipeline Group Inc executives must defend against a lawsuit claiming the companies’ $10 billion merger in 2016 shortchanged Columbia investors, a Delaware judge ruled on Monday. Vice Chancellor Travis Laster …
POSTED MARCH 02, 2021 6:00 AM |
Courts in N.Y., N.H. Rule Workers’ Comp Should Cover Marijuana Costs for Injured Workers
Courts in New York and New Hampshire have joined jurists in New Jersey in ruling that the cost of medical marijuana should be covered by state workers’ compensation systems. The New Hampshire Supreme Court on Tuesday overturned a decision by …
POSTED MARCH 02, 2021 6:00 AM |
Texas Power Firm Hit With $2.1 Billion Bill Files for Bankruptcy
The largest power generation and transmission cooperative in Texas filed for bankruptcy in the wake of power outages that caused an energy crisis during the winter freeze last month. Brazos Electric Power Cooperative filed for Chapter 11 in Texas after …
POSTED MARCH 01, 2021 5:53 PM |
NHTSA Investigates Nearly 1.9 Million Toyota RAV4s Over Fire Risks
WASHINGTON, — U.S. auto safety regulators on Monday said they have opened an investigation into nearly 1.9 million Toyota RAV4 sport-utility vehicles over potential fire risks. The National Highway Traffic Safety Administration (NHTSA) said the preliminary evaluation looking at 2013-2018 …
POSTED MARCH 01, 2021 5:42 PM |
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