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Insurance Journal | August 31, 2023

Texas Agency Alliance Adds Four New Independent Member Agencies

Texas Agency Alliance (TAA), an alliance of independent insurance agencies in the South-Central region of the state, announced the addition of four new independent member agencies. These new members bring TAA’s alliance to over 85 independent agencies. The new entrants …

Insurance Journal | August 31, 2023

Five More New Orleans Residents Charged for Conspiring to Stage Automobile Accidents

Five more people have been charged with intentionally staging automobile accidents with tractor-trailers in New Orleans to defraud trucking and insurance companies in 2017. United States Attorney Duane A. Evans announced that Antonine Clark, age 33, of New Orleans, Louisiana; …

Insurance Journal | August 30, 2023

Ohio Bureau of Workers’ Compensation Announces 3.9% Rate Reduction for Public Employers in 2024

The Ohio Bureau of Workers’ Compensation announced a 3.9% rate reduction for the state’s public employers, a a rate cut that will go into effect Jan. 1, 2024. The rate reduction will result in nearly $8 million less in premiums …

Insurance Journal | August 30, 2023

18 Years After Katrina Levee Breaches, Group Wants Future Engineers to Learn From Past Failures

Future engineers need a greater understanding of past failures – and how to avoid repeating them – a Louisiana-based nonprofit said to mark Tuesday`s 18th anniversary of the deadly, catastrophic levee breaches that inundated most of New Orleans during Hurricane …

Insurance Journal | August 30, 2023

Kansas College Reaches Settlement in Suit Alleging Discrimination Against Black Athletes

HIGHLAND, Kan. (AP) – A Kansas community college that was accused of trying to reduce the number of Black student-athletes has agreed to a settlement, the U.S. Justice Department announced Monday. The department said in a news release that the …

Insurance Journal | August 30, 2023

Federal Government Opens Two Areas in Gulf of Mexico for Wind Farms, but No Companies Bid on Leases

The federal government for the first time on Tuesday opened two areas in the Gulf of Mexico off the Texas coast to build wind farms. Groups representing supply chain businesses hailed the chance for the new offshore leases to create …

Insurance Journal | August 30, 2023

Chubb Loses Bid to Enforce D&O Coverage Exclusions in Opioid-Related Case

A federal judge in North Carolina has ruled against a Chubb subsidiary in its attempt to rid itself of defense-cost obligations in opioid-related litigation by enforcing two policy exclusions. According to court documents in U.S. District Court for the Middle …

Insurance Journal | August 30, 2023

Heavy Rains Cause Major Flooding in Parts of West Virginia

Thunderstorms dumped heavy rains that caused significant flooding in parts of West Virginia on Monday, authorities said. Gov. Jim Justice issued a state of emergency in at least five counties, enabling the National Guard to activate swift-water rescue teams and …

Insurance Journal | August 30, 2023

Vassar College Hit With Class Action Alleging Sex Discrimination Against Women in Pay, Promotions

Vassar College, founded in 1861 to provide equal education for women, has been hit with a class action suit by female faculty members alleging unfair sex discrimination in compensation, evaluations and promotions of female professors in violation of federal and …

Insurance Journal | August 30, 2023

Idalia Rumbles Ashore as Cat 3, Lashing Tallahassee and Much of Florida and Georgia

Just when parts of the property-casualty industry thought it was safe to re-enter the Florida market, Hurricane Idalia made landfall closer to the heavily-populated Tallahassee area than expected, and brought heavy storm surge to the Big Bend coastline. Idalia made …