February 2025 – Ben Few & Company, Inc.

Insurance Journal | February 28, 2025

Lawsuit Alleges GM Illegally Sold Arkansans’ Driving Data to Insurance Companies

Arkansas Attorney General Tim Griffin sued General Motors and its subsidiary OnStar this week, alleging the car manufacturer deceived Arkansans by collecting and selling driver information to third parties, who then sold the data to insurance companies. The lawsuit alleges …

Insurance Journal | February 28, 2025

Trial Begins in Texas Pipeline Company’s Lawsuit Over Dakota Access Pipeline Protests

An attorney for a Texas pipeline company said Wednesday at trial that he will prove various Greenpeace entities coordinated delays and disruptions of a controversial oil pipeline’s construction in North Dakota, and defamed the company to its lenders. Attorneys for …

Insurance Journal | February 28, 2025

Texas Lawmakers Introduce Legislation to Address Wildfire Risks and Ignition Sources

A year after devastating wildfires engulfed the Panhandle, killing three people and burning millions of acres, Texas lawmakers have filed a slate of legislation aimed at mitigating the risks and damage of future blazes. Three Republicans — state Sen. Kevin …

Insurance Journal | February 28, 2025

Resilience: Third-Party Risk Involved in 31% of Cyber Claims

More merger-and-acquisition activity and technology consolidation have given cyber hackers plenty of entry points to exploit, making third-party cyber risk a dominant driver of claims for Resilience in 2024. New research from the San Francisco-based cyber solutions company found 31% …

Insurance Journal | February 20, 2025

World Insurance Acquired Grandview Brokerage of Brooklyn

National insurance broker World Insurance Associates LLC announced that it acquired the business of Grandview Brokerage LLC of Brooklyn, New York last November. Grandview provides commercial and personal insurance with niches in the healthcare, real estate, and jewelry industry. Michael …

Insurance Journal | February 20, 2025

AM Best Revises Outlooks to Negative for Mercury and Subsidiaries Over LA Wildfires

AM Best revised the outlooks to negative from stable and affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “a” (Excellent) for the members of Mercury Casualty Group. Concurrently, AM Best revised …

Insurance Journal | February 20, 2025

AM Best Upgrades Credit Ratings of The General Following Sentry Acquisition

AM Best has removed from under review with positive implications and upgraded the Financial Strength Rating to A+ (Superior) from A (Excellent) and the Long-Term Issuer Credit Ratings to “aa-” (Superior) from “a+” (Excellent) of Permanent General Assurance Corporation, Permanent …

Insurance Journal | February 20, 2025

Airbnb Files Lawsuit Against City of New Orleans Over Regulation Dispute

Airbnb is suing the City of New Orleans for requiring the company and short-term rental platforms ensure properties they market are in compliance with city laws. “What we’re looking at now due to Airbnb’s lawsuit is that they do not …

Insurance Journal | February 20, 2025

Winter Chill Gripping Central US Breaks Temperature Records

Intense cold will grip the central and southern US for at least another day, sending temperatures to all-time lows in some cities before milder weather is set to arrive over the weekend. At least 40 daily cold records have been …

Insurance Journal | February 20, 2025

Tesla Cited by U.S. Regulators Over Worker’s Death in Texas

Federal regulators have cited Tesla TSLA.O for violating workplace safety rules in connection with the electrocution of a worker last summer at its Austin, Texas, auto-manufacturing plant. The U.S. Department of Labor confirmed the findings in a statement to Reuters. …

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