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Category: Insurance Journal

Mississippi Tire Plant Partly Covered, Will Reopen in June After Tornado
Insurance Journal | May 1, 2023
Mississippi Tire Plant Partly Covered, Will Reopen in June After Tornado
A northeast Mississippi tire plant that was damaged by an April tornado is expected to restart production in June. Goodyear Tire & Rubber Co. said this week that it was likely to take several months for its Cooper Tire plant …
South Florida Jury Awards Woman $5.5M from Mold, Water Damage in Condo
Insurance Journal | May 1, 2023
South Florida Jury Awards Woman $5.5M from Mold, Water Damage in Condo
A south Florida jury has awarded $5.5 million to a woman who sued her condominium association after years of water infiltration and mold that the woman blamed for the death of her longtime domestic partner in 2021. The Broward County …
Lawsuit Seeks to Recover $3M Invested in Louisiana Hurricane-Damage Lawsuits
Insurance Journal | April 28, 2023
Lawsuit Seeks to Recover $3M Invested in Louisiana Hurricane-Damage Lawsuits
A restoration contractor that helped finance an effort by McClenny Moseley & Associates to file thousands of hurricane-damage claims in Louisiana wants its $3 million investment back. Access Restoration Services US filed a lawsuit in a Texas state court in …
Feds: Ohio Man Tried to Firebomb Ohio Church to Stop Drag Show
Insurance Journal | April 28, 2023
Feds: Ohio Man Tried to Firebomb Ohio Church to Stop Drag Show
CLEVELAND (AP) – An eastern Ohio man told investigators that he tried to burn down an Ohio church because he wanted to prevent a drag show that was scheduled to take place there, federal prosecutors allege in newly unsealed charges. …
Mississippi River Flooding Prompts Evacuations, Sandbagging in Iowa
Insurance Journal | April 28, 2023
Mississippi River Flooding Prompts Evacuations, Sandbagging in Iowa
DES MOINES, Iowa (AP) – Some residents along the swelling Upper Mississippi River evacuated their homes this week while others scrambled Wednesday to stack sandbags in preparation for what forecasters say could be near-record flooding caused by the rapid melting …
Suit Over Texas Woman’s Jail Death Settles for $7M
Insurance Journal | April 28, 2023
Suit Over Texas Woman’s Jail Death Settles for $7M
DALLAS (AP) – A private company that ran a Texas jail where a woman allegedly went blind following days of medical neglect before her 2019 death has agreed to a $7 million lawsuit settlement along with other defendants, her family’s …
Insurance Veteran Motamed, 74, Dies
Insurance Journal | April 20, 2023
Insurance Veteran Motamed, 74, Dies
Thomas F. Motamed, an industry veteran who started his career as a claims trainee and eventually led some of the largest insurers in the world, died of brain cancer on Tuesday. He was 74 years old. Motamed was most recently …
Pew: 7-in-10 Americans Favor Steps to Become Carbon Neutral by 2050
Insurance Journal | April 20, 2023
Pew: 7-in-10 Americans Favor Steps to Become Carbon Neutral by 2050
Cannabis enthusiasts have the 4/20 holiday, but in two days some 7.9 billion people have cause to celebrate. Earth Day is Saturday, and while today’s eyes are on the cannabis holiday, the media is already starting to turn coverage to …
Judge Halts Most Talc Lawsuits Against J&J, Stops Trials
Insurance Journal | April 20, 2023
Judge Halts Most Talc Lawsuits Against J&J, Stops Trials
A U.S. judge on Thursday halted most of the tens of thousands of lawsuits alleging Johnson & Johnson’s baby powder and other talc products caused cancer and stopped any trials as part of a company subsidiary’s second attempt to settle …
Central Oklahoma Tornadoes Kill 3, Cause Widespread Damage
Insurance Journal | April 20, 2023
Central Oklahoma Tornadoes Kill 3, Cause Widespread Damage
A tornado outbreak on in central Oklahoma left three people dead and caused heavy damage Wednesday night. Three fatalities were reported in McClain County, where a tornado hit the town of Cole. Another tornado touched down in Shawnee, causing damage …