May 2024 – Ben Few & Company, Inc.

Insurance Journal | May 31, 2024

Louisiana Lawmakers Pass Auto Insurance Reform Bills to Boost Market Competition

Louisiana lawmakers passed a series of auto insurance reform bills that aim to bring availability and competition to the market by cutting down on excessive verdicts and settlements. Legislators passed four bills endorsed by Insurance Commissioner Tim Temple that he …

Insurance Journal | May 31, 2024

Tennessee, Kentucky Tobacco Farmer Sentenced for Second Crop Insurance Fraud

A Kentucky tobacco farmer has been sentenced to more than three years in prison after pleading guilty to crop insurance fraud, eight years after he was convicted of similar crimes. David Manion, 61, who resides in Lafayette, Tennessee, and owns …

Insurance Journal | May 31, 2024

Flight Attendants Accuse Jacksonville Jags Kicker of Sexual Assault on Plane

Two unnamed flight attendants have filed suit against the Jacksonville Jaguars NFL team and former placekicker Brandon McManus, accusing him of sexual assault during an 8-hour flight to London last fall. The women, referred to only as Jane Doe I …

Insurance Journal | May 31, 2024

Tesla to Recall 125,227 Vehicles Over Faulty Seat Belt Warning System

Tesla is recalling 125,227 vehicles in the U.S. due to a malfunction in its seat belt warning system that can increase the risk of injury in a collision, the National Highway Traffic Safety Administration said on Friday. The regulator said …

Insurance Journal | May 30, 2024

Mercury Launches New Umbrella Insurance in Oklahoma

Rising liability injury claims for home and auto owners that exceed traditional policy limits have spurred Mercury Insurance, headquartered in Los Angeles, to unveil an all-new personal umbrella insurance policy for Oklahomans that offers extra protection with bolstered coverages beginning …

Insurance Journal | May 30, 2024

Miller Acquires Spanish Specialty Re/Insurance Broker Bruzon

Miller, the London-based specialist re/insurance broker, announced the acquisition of Madrid-based commercial insurance and reinsurance broker Bruzon Correduría de Seguros y Reaseguros S.A. and its subsidiary Bruzon Services S.A., subject to regulatory approval. Financial details of the deal, which is …

Insurance Journal | May 30, 2024

FBI Takes Down Huge Global Army of Zombie Computer Devices

The FBI said it has dismantled what is likely the world’s largest botnet — an army of 19 million infected computers — that was leased to hackers for cybercrimes. The botnet, which was spread across more than 190 countries, enabled …

Insurance Journal | May 30, 2024

Supreme Court Backs NRA in First Amendment Claim Against New York Regulator

The U.S. Supreme Court has revived a claim by the National Rifle Association (NRA) that a former New York regulator allegedly violated the organization’s First Amendment rights by coercing insurers and banks to terminate their business relationships with the NRA …

Insurance Journal | May 30, 2024

Everest Launches Mexico Operations, Expanding Its Global Insurance Network

Everest, the Bermuda-based specialty re/insurer, announced it has received regulatory approval to begin operating in Mexico. Trading as Compañía de Seguros Generales Everest México S.A. de C.V., the unit is headquartered in Mexico City and is led by Jaime Chaves …

Insurance Journal | May 30, 2024

ARCW Acquires CLC Insurance Agency in Clearwater

Clearwater-based CLC Insurance Agency has merged with ARCW Insurance, a Leavitt Group affiliate, the companies said in a news release this week. CLC, founded four years ago by Crystal Callahan Lawson, now Callahan-Estes, will relocate to ARCW’s Pinellas Park offices. …

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