Insurance Journal – Page 15 – Ben Few & Company, Inc.

Insurance Journal | October 18, 2024

Texas AG Sues Dallas Pediatrician Over Providing Hormone Treatment to Teens

Texas Attorney General Ken Paxton has filed a lawsuit against a Dallas pediatrician, accusing her of violating state law by providing gender-transitioning treatments to at least 21 teenage patients. Thursday’s filing is Paxton’s first attempt at suing a doctor by …

Insurance Journal | October 10, 2024

5 Dead After Small Plane Crashes on Island off Southern California Coast

Five people were killed when a small plane crashed during takeoff from Santa Catalina Island off the Southern California coast, authorities said. The twin-engine Beechcraft 95 crashed shortly after 8 p.m. Tuesday, just moments after it departed from Catalina Airport …

Insurance Journal | October 10, 2024

First MainStreet Adds Two Agencies

First MainStreet Insurance L.C. (FMSI) announced addition of two new agencies, one in Minnesota and the other in Iowa. Joining in September was Kozlowski Insurance Agency, headquartered in Pipestone, Minnesota and two satellite offices in Luverne, MN and Brookings, SD. …

Insurance Journal | October 10, 2024

Exxon Granted Largest US Offshore Carbon Storage Site in Texas

Exxon Mobil Corp. won the right to pump carbon dioxide beneath Texas state waters in the Gulf of Mexico, in what will be the largest concession of its kind in the US. The lease granted by the Texas General Land …

Insurance Journal | October 10, 2024

J&J’s Court-Shopping Strategy Pits New Jersey Home Against Texas

Johnson & Johnson’s bold move to skirt a US court in New Jersey and seek a potentially friendlier venue in Texas to settle claims its baby powder gave women cancer faces a key decision as soon as Thursday. A federal …

Insurance Journal | October 10, 2024

Harris County Officials Say Texas Law Limits Settlements Against Polluters

It wasn’t immediately clear what chemicals erupted into the air from the Channelview fire. The most anyone knew was that the large plume of black smoke billowing across the late afternoon sky — visible for miles just east of Houston …

Insurance Journal | October 10, 2024

Balance With ‘Micro-Actions’ in Commercial Market But Milton Could Disrupt

WTW characterized commercial insurance rates as balances and stable but, as Hurricane Milton approached, the broker warned of upcoming disruption. “The current state of affairs might only be one major hurricane away from being upended, and with Milton knocking on …

Insurance Journal | October 10, 2024

Russian Strikes on Ukraine’s Ports Push Up Insurance Rates: Market Sources

A series of Russian missile strikes on Ukrainian Black Sea port infrastructure and commercial vessels has led to a jump in insurance costs and forced some shipowners to cancel bookings, insurance sources and a broker said on Thursday. Russian ballistic …

Insurance Journal | October 10, 2024

Hurricane Milton Could Use Up P/C Insurers’ 2024 Catastrophe Budgets

S&P Global Ratings said potential losses from Hurricane Milton could fully deplete the 2024 natural catastrophe budgets for rated U.S. property/casualty insurers, affecting underwriting margins and earnings. In a report titled “Hurricane Milton: The Implications For Rated U.S. Insurers And …

Insurance Journal | October 10, 2024

Delaware High Court Rescues Insurance Agency’s Malpractice Suit Against Law Firm

Six months after a three-judge panel of the Delaware Supreme Court said an insurance agency deserved another shot at proving its claims of professional negligence against a law firm, the full state high court has agreed. On October 8, the …