Category: Insurance Journal

NTSB Investigates Fatal Helicopter Crash Along Texas Gulf Coast
Insurance Journal | March 9, 2023
NTSB Investigates Fatal Helicopter Crash Along Texas Gulf Coast
SEADRIFT, Texas (AP) – A helicopter crash along the Texas Gulf Coast killed two people, according to the local sheriff. The Robinson R44 helicopter was flying from Port O’Connor to the Calhoun County- Port Lavaca Airport about 20 miles (32 …
Minnesota Governor Signs ‘Drivers License For All” Law
Insurance Journal | March 9, 2023
Minnesota Governor Signs ‘Drivers License For All” Law
ST. PAUL, Minn. (AP) – Immigration status will no longer disqualify more than 80, 000 people from getting Minnesota drivers licenses under a bill signed by Gov. Tim Walz on Tuesday. Supporters of the effort, dubbed “driver’s licenses for all,” …
Ex-Blue Bell CEO to Plead Guilty to Misdemeanor Over 2015 Listeria Outbreak
Insurance Journal | March 9, 2023
Ex-Blue Bell CEO to Plead Guilty to Misdemeanor Over 2015 Listeria Outbreak
The former chief executive of Blue Bell Creameries will plead guilty to a misdemeanor charge under a deal in which prosecutors have agreed to drop fraud charges against him related to a 2015 listeria outbreak traced back to the company’s …
Meta’s Record Privacy Settlement Spurs Dispute Over State Claims
Insurance Journal | March 2, 2023
Meta’s Record Privacy Settlement Spurs Dispute Over State Claims
Meta Platforms Inc. is wrong to say its $725 million settlement of a lawsuit claiming Facebook illegally shared user data with a controversial research firm protects it from similar claims brought by New Mexico, attorneys for the US state said. …
SoCal Storms, Back-to-Back Hurricanes in South Central Part of New Normal?
Insurance Journal | March 2, 2023
SoCal Storms, Back-to-Back Hurricanes in South Central Part of New Normal?
A new AM Best commentary on the latest winter storm to hit Southern California drives home the growing risk and the financial volatility that weather-related losses pose for the insurance industry. According to the commentary, titled “Changing Weather Patterns, Climate …
White House Releases New National Cybersecurity Strategy
Insurance Journal | March 2, 2023
White House Releases New National Cybersecurity Strategy
The White House announced a new national cybersecurity strategy meant to make the digital ecosystem more resilient, including a more aggressive stance against malicious cyber actors and shifting responsibility to “organizations that are most capable and best-positioned to reduce risks …
Hub Acquires Louisiana’s Dwight W. Andrus Insurance
Insurance Journal | March 2, 2023
Hub Acquires Louisiana’s Dwight W. Andrus Insurance
Hub International Limited announced that it has acquired the assets of Dwight W. Andrus Insurance Inc., Dwight Andrus & Richard Insurance, Inc., and DAI Shreve, LLC (Dwight Andrus Insurance). Terms of the transaction were not disclosed. Headquartered in Lafayette, Louisiana …
Ohio Senators Prepare Rail Safety Bill After Norfolk Southern Crash
Insurance Journal | March 2, 2023
Ohio Senators Prepare Rail Safety Bill After Norfolk Southern Crash
COLUMBUS, Ohio (AP) – Railroads like the one involved in this month’s fiery crash and toxic chemical release in Ohio would be subject to a series of new federal safety regulations and financial consequences under legislation being introduced Wednesday by …
Long-Lost Ship Found in Lake Heron
Insurance Journal | March 2, 2023
Long-Lost Ship Found in Lake Heron
TRAVERSE CITY, Mich. (AP) – Even for the Thunder Bay area, a perilous swath of northern Lake Huron off the Michigan coast that has devoured many a ship, the Ironton’s fate seems particularly cruel. The 191-foot (58-meter) cargo vessel collided …
World Insurance Adds New Jersey’s Katz/Pierz Agency to Its Team
Insurance Journal | March 2, 2023
World Insurance Adds New Jersey’s Katz/Pierz Agency to Its Team
Broker World Insurance Associates reports that it has acquired the business of Katz/Pierz of Cherry Hill, New Jersey. Terms of the transaction were not disclosed. Katz/Pierz was founded in 1987 by Aaron Katz and Donald Pierz. The agency serves professionals …