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Category: Insurance Journal

Higginbotham Adds Texas’ Marshall Young Insurance
Insurance Journal | November 30, 2023
Higginbotham Adds Texas’ Marshall Young Insurance
Higginbotham has announced a strategic alliance with Marshall Young Insurance of Cleburne, Texas, a firm known for providing specialized business insurance options to a wide range of clients. Founded in 1965 by Marshall Young as a construction, real estate, and …
New York Governor Seeks Federal Disaster Aid for Downstate for September Floods
Insurance Journal | November 30, 2023
New York Governor Seeks Federal Disaster Aid for Downstate for September Floods
New York Governor Kathy Hochul has requested a major disaster declaration from President Joe Biden to support the ongoing recovery of downstate communities affected by the significant flooding occurring during a two-day period in late September. If granted by the …
Missouri Employers Will See Reduced Workers’ Compensation Rates in 2024
Insurance Journal | November 30, 2023
Missouri Employers Will See Reduced Workers’ Compensation Rates in 2024
The Missouri Department of Commerce and Insurance said that employers should see a reduction in workers’ compensation rates in 2024, the third straight year of declining rates. The NCCI recently proposed an overall decrease of 7.5 percent for 2024 workers’ …
Former Owner of Collapsed Michigan Dam Faces $120 Million Judgment for Environmental Damage
Insurance Journal | November 30, 2023
Former Owner of Collapsed Michigan Dam Faces $120 Million Judgment for Environmental Damage
DETROIT (AP) – The former owner of a Michigan dam is on the hook for roughly $120 million sought by the state for environmental damage when the structure failed after days of rain in 2020, a judge said. But it`s …
Fort Worth, Texas Approves $3.5 Million For Child Who Witnessed Aunt`s Fatal Shooting by Officer
Insurance Journal | November 30, 2023
Fort Worth, Texas Approves $3.5 Million For Child Who Witnessed Aunt`s Fatal Shooting by Officer
FORT WORTH, Texas (AP) – A Texas city on Tuesday approved a $3.5 million settlement for a child who witnessed his aunt being fatally shot through a window of her home by a police officer four years ago. The Fort …
Consumer Reports: On Average, Electric Vehicles Less Reliable Than Gas Vehicles
Insurance Journal | November 30, 2023
Consumer Reports: On Average, Electric Vehicles Less Reliable Than Gas Vehicles
Electric vehicles have proved far less reliable, on average, than gasoline-powered cars, trucks and SUVs, according to the latest survey by Consumer Reports, which found that EVs from the 2021 through 2023 model years encountered nearly 80% more problems than …
Meta Asks Appeals Court to Tell FTC it Cannot Reopen Privacy Case
Insurance Journal | November 30, 2023
Meta Asks Appeals Court to Tell FTC it Cannot Reopen Privacy Case
Meta Platforms, which owns WhatsApp, Instagram and Facebook, filed a lawsuit asking an appeals court to stop the U.S. Federal Trade Commission from unilaterally re-opening a consent agreement and ordering the social media giant to stop collecting revenue on data …
Woman Fell Through Floorboards and a Hidden Well Shaft in SC Home Fatality
Insurance Journal | November 30, 2023
Woman Fell Through Floorboards and a Hidden Well Shaft in SC Home Fatality
SALEM, S.C. (AP) — An 83-year-old woman who died when she fell through rotting floorboards in a century-old South Carolina house fell down a well shaft the owner didn`t know was there, authorities said. It took rescuers nearly four hours …
Banker Behind Big Loans to Trump’s Company Testifies For His Defense
Insurance Journal | November 30, 2023
Banker Behind Big Loans to Trump’s Company Testifies For His Defense
When Deutsche Bank loaned Donald Trump`s company hundreds of millions lawyers of dollars, the bank always followed its own guidelines that include checking out information that would-be borrowers provide, an executive testified Tuesday at the former president’s civil fraud trial. …
Springsteen’s Drummer, Weinberg, Says Florida Car Restorer Took $125,000 From Him
Insurance Journal | November 30, 2023
Springsteen’s Drummer, Weinberg, Says Florida Car Restorer Took $125,000 From Him
FORT LAUDERDALE, Fla. (AP) — Bruce Springsteen`s drummer, Max Weinberg, is suing the owners of a Florida car restoration company, saying they stole $125,000 by falsely promising him a like-new 1957 Mercedes-Benz and then using his money for personal expenses. …