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AccuWeather: California Storms Added $6-8B in Damage and Economic Loss
AccuWeather issued preliminarily estimates on Thursday showing the total damage and economic loss from the series of recent intense storms to hit California to be an additional $6 billion to $8 billion. The recent storms caused deaths, widespread power outages, …
POSTED MARCH 23, 2023 9:08 PM |
Another Louisiana Resident Sentenced for Conspiring to Stage Auto Accidents
Marvel Francois, a 54-year old of Houma, Louisiana, was sentenced for Conspiracy to Commit Mail Fraud, in violation of Title 18, United States Code, Section 371, arising out of staged automobile accidents with tractor-trailers occurring in New Orleans, announced United …
POSTED MARCH 23, 2023 4:51 PM |
People Moves: Marsh appoints Stephens US Central Zone Leader
Marsh appoints Stephens US Central Zone Leader Sarah Stephens, Marsh’s current head of cyber for the UK and international, Marsh Specialty, will assume the role of US central zone leader on May 1. Stephens will relocate to Chicago, Illinois, from …
POSTED MARCH 23, 2023 4:47 PM |
Indiana Lawmaker Sued for Medical Malpractice
INDIANAPOLIS (AP) – A Republican legislator who doubles as an emergency room doctor is being sued for medical malpractice in a patient’s death. The lawsuit alleges that his treatment caused 20-year old Esperanza Umana of Fort Wayne to have a …
POSTED MARCH 23, 2023 4:38 PM |
25,000 Lawsuits by Today? Florida Plaintiff Firms Rushing to File Before Tort-Reform Bill Signed into Law
The Florida Senate is set to approve a take-no-prisoners tort-reform bill today and it could be signed into law as soon as Friday. The bill, which extends limits on one-way attorney fees, assignments of benefits, and other provisions to most …
POSTED MARCH 23, 2023 4:35 PM |
Texas Medical Liability Trust Reports Data Privacy Event
Texas Medical Liability Trust (TMLT) provided notice that the company and its affiliates may have been affected by a recent data privacy event. On Oct. 12, 2022, TMLT identified suspicious activity within its environment and took immediate steps to secure …
POSTED MARCH 23, 2023 4:30 PM |
Wisconsin Lawmakers Set to Vote on Tougher Riot Penalties
MADISON, Wis. (AP) – Anyone who encourages a riot or engages in violence during a riot would face felony charges under a bill Wisconsin’s Assembly is poised to take up this week. The Republican-backed measure would make urging, promoting or …
POSTED MARCH 23, 2023 3:58 PM |
Markets/Coverages Mosaic Adds Litigation Liability Cover to Professional Lines Offering
Mosaic Insurance has launched litigation liability coverage, offering critical financial protection to policyholders against the risk of adverse legal costs when pursuing litigation or arbitration. Experienced litigation solicitor Sarah Bowden has joined the global specialty insurer’s professional liability division to …
POSTED MARCH 23, 2023 3:16 PM |
Insurtech Kin Increases Series D Funding Round to $109 Million
Kin, the direct-to-consumer home insurance company, announced it conducted a third close, an incremental $15 million, to its Series D round in the fourth quarter of 2022. The investment came from Geodesic Capital, QED Investors, and additional investors, bringing the …
POSTED MARCH 23, 2023 2:51 PM |
EPIC Insurance Brokers & Consultants Forms Insurance Capital Solutions Group
EPIC Insurance Brokers & Consultants, the San Francisco-based retail property/casualty insurance brokerage and employee benefits consultant, announced the expansion of its Financial Services division with the launch of its Insurance Capital Solutions (ICS) group. The Insurance Capital Solutions group brings …
POSTED MARCH 23, 2023 2:33 PM |
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