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News Archives - Insurance Journal
Connecticut Regulates ‘Defense Within Limits’ Provisions by Insurers
Connecticut’s insurance regulator has provided commercial insurers with updated guidance on “defense within limits” policy provisions including the lines of insurance on which they may be included and the consumer disclosure required. The guidance from the Connecticut Insurance Department (CID) …
POSTED SEPTEMBER 29, 2022 4:09 PM |
Federal Court Finds Iowa Ag-Gag Law Unconstitutional
A federal judge has struck down the third attempt by the Iowa Legislature to stop animal welfare groups from secretly filming livestock abuse, finding once again that the law passed last year violates free speech rights in the U.S. Constitution. …
POSTED SEPTEMBER 29, 2022 3:46 PM |
Manufacturer Fined $2.5 Million for Clean Air Act Violations at Louisiana Mill
Packaging Corporation of America (PCA) has agreed to pay $2.5 million in civil penalties to resolve allegations that it violated the Clean Air Act’s General Duty Clause and Risk Management Program Regulations at its containerboard production mill in DeRidder, Louisiana. …
POSTED SEPTEMBER 29, 2022 3:42 PM |
Big I’s Symington Promoted to EVP Before Taking Over as CEO Next Year
Charles Symington has been appointed to the role of executive vice president at the Independent Insurance Agents & Brokers of America (the Big I), effective Oct. 1. Symington joined the Big I in 2004 on the government affairs staff. Since …
POSTED SEPTEMBER 29, 2022 3:39 PM |
Illinois Candymaker Faces $201,000 in Proposed Fines for Unsafe Workplace Exposure
A federal workplace safety inspection found a Chicago, Illinois-area candy manufacturer’s long history of violations for machine safety requirements continues after the company exposed workers to amputation hazards and failed to utilize lockout procedures for the third time in five …
POSTED SEPTEMBER 29, 2022 3:37 PM |
Report: Oil Spills Dropped Dramatically Last Decade
Oil and natural gas spills from tankers and pipelines in U.S. waters dropped dramatically from the last decade of the 1990s to the one from 2010 through 2019, according to a federal report Wednesday. The amounts spilled and dumped in …
POSTED SEPTEMBER 29, 2022 3:21 PM |
Louisiana Governor to Meet With Lloyd’s of London
As Louisiana continues to be plagued by a spiraling insurance crisis, with insurers leaving the state and canceling homeowner policies as thousands of claims remain unpaid following a series of hurricanes, Gov. John Bel Edwards will travel to London this …
POSTED SEPTEMBER 29, 2022 3:17 PM |
Insurers Ask Court in New York to Seize, Sell Vessel to Pay $39M in Cargo Losses
More than 30 insurers that have paid an estimated $39 million in lost cargo claims, along with cargo owners without insurance, have asked the courts to seize and sell the Japanese vessel ONE Apus to cover their claims. The insurers …
POSTED SEPTEMBER 29, 2022 2:26 PM |
Alaska Landslide Damages 3 Homes, Destroys Pickup
A landslide triggered by record rainfall significantly damaged three homes, prompted the evacuation of about a dozen residents and caused power outages in downtown Juneau, Alaska’s capital city. Geological assessment teams determined that favorable weather has returned the threat level …
POSTED SEPTEMBER 29, 2022 2:06 PM |
Citizens’ Early Estimate of $3.8B in Ian Losses; Florida OIR Suspends Use and File
Hurricane Ian continued to churn through central Florida Thursday morning, leaving widespread flooding and wind damage in its wake. It was too early to know the extent of property insurance claims from the storm, although a few analysts and officials …
POSTED SEPTEMBER 29, 2022 1:49 PM |
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