Insurance Journal – Page 159 – Ben Few & Company, Inc.

Insurance Journal | February 9, 2023

Insurers View New Car Sales Rise in California as More Evidence for Rate Filings

New figures show car sales in California continue to slowly return to pre-pandemic levels, which the state’s auto insurers believe is another indication the state’s insurance regulator needs to approve more rate filings. The California New Car Dealers Association this …

Insurance Journal | February 9, 2023

Illinois Bill Would Limit Criteria for Setting Auto Insurance Rates

A bill proposed by an Illinois lawmaker this week would prohibit auto insurers from setting rates based on credit score, race and sex among other criteria, an action that the insurance industry says would drive down competition and increase rates. …

Insurance Journal | February 9, 2023

Texas Bill Would Require Law Enforcement to Carry Liability Insurance

A bill introduced last week by a Texas lawmaker would require law enforcement officers in the state to carry liability insurance as a condition of employment. Rep. Jolanda Jones, D-Houston, proposed House Bill No. 1808, which states a law enforcement …

Insurance Journal | February 9, 2023

Parents in Virginia Where 6-Year-Old Shot Teacher Plan to Sue School System

The families of two students at a Newport News, Virginia elementary school where a 6-year-old shot and wounded his teacher have filed notices of potential legal action against the school system over trauma they say the shooting inflicted on their …

Insurance Journal | February 1, 2023

New Mexico Prosecutors Formally File Charges in Baldwin Movie Set Shooting

Actor Alec Baldwin and a weapons specialist have been formally charged with involuntary manslaughter in the fatal shooting of a cinematographer on a New Mexico movie set, according to court documents filed by prosecutors Tuesday. Santa Fe District Attorney Mary …

Insurance Journal | February 1, 2023

Texas Winter Storm Brings Slick Roadways, Power Outages

More than a quarter-million businesses and households in Central and East Texas did not have power Wednesday morning as a winter storm persisted, immobilizing portions of the state with slick roadways and freezing temperatures. Approximately 258,411 customers, out of about …

Insurance Journal | February 1, 2023

Experts Urge Better Access to Opioid Rescue Drugs to Save Lives in Georgia

Jessie Blanchard started small nearly five years ago, just trying to get enough of the rescue drug naloxone that reverses opioid overdoses to keep her daughter from dying from an overdose. She pleaded with colleagues at the college where she’s …

Insurance Journal | February 1, 2023

Marsh McLennan Names Tomlinson CEO for U.S. and Canada

Marsh McLennan said it has named Pat Tomlinson CEO of U.S. and Canada. He, along with Flavio Piccolomini, who was appointed International CEO, will report to Mercer President and CEO Martine Ferland and Marsh President and CEO Martin South as …

Insurance Journal | February 1, 2023

Michigan Plastics Manufacturer to Pay $663K Over Forever Chemicals Violations

BRIGHTON, Mich. (AP) – A plastics manufacturer reached an agreement with the state to investigate and address hazardous substances known as “forever chemicals” at a former factory in Livingston County, Attorney General Dana Nessel said Monday. Asahi Kasei Plastics North …

Insurance Journal | February 1, 2023

Chubb Q4 Net Income Down 39%

Fourth quarter 2022 net income at Chubb Ltd. was about $1.3 billion, nearly 39% lower than the same period the prior year, due to catastrophe losses and results in the company’s agriculture business from a below-average crop year. The P&C …