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Category: Insurance Journal

State Farm to Cease Accepting New Applications for Business and Personal Lines P/C in California
Insurance Journal | May 27, 2023
State Farm to Cease Accepting New Applications for Business and Personal Lines P/C in California
An insurer group was quick to respond over the weekend after State Farm announced it will cease accepting new applications for business and personal lines property/casualty in California to deal with increased risks and higher construction costs. The American Property …
Midwest States Consider Relaxing Child Labor Laws to Address Worker Shortages
Insurance Journal | May 26, 2023
Midwest States Consider Relaxing Child Labor Laws to Address Worker Shortages
MADISON, Wis. (AP) – Lawmakers in several states are embracing legislation to let children work in more hazardous occupations, longer hours on school nights and in expanded roles including serving alcohol in bars and restaurants as young as 14. The …
New Orleans TV Station Airs MMA Partner’s Admissions During Staff Meeting
Insurance Journal | May 26, 2023
New Orleans TV Station Airs MMA Partner’s Admissions During Staff Meeting
A New Orleans television station broadcast an audio recording of a founding partner of the McClenny Moseley & Associates law firm admitting that his law firm used a roofing company and a marketing firm to sign on clients. 4WWL’s Eyewitness …
Fatal Blaze at Texas Refinery to Result in Lawsuits Against Oil Refiner Marathon
Insurance Journal | May 26, 2023
Fatal Blaze at Texas Refinery to Result in Lawsuits Against Oil Refiner Marathon
HOUSTON – Attorneys representing the family of a worker who was killed in a fire at a Texas City, Texas, refinery and another worker who was hospitalized said on Wednesday they have filed or would soon file injury claims against …
Major New Mexico Transmission Line OK’d for Renewable Energy in West
Insurance Journal | May 19, 2023
Major New Mexico Transmission Line OK’d for Renewable Energy in West
The U.S. government is greenlighting a proposed multibillion-dollar transmission line that would send primarily wind-generated electricity from the rural plains of New Mexico to big cities in the West. The Interior Department announced its record of decision for the SunZia …
Second Round of Insure Louisiana Incentive Program Canceled; Additional Funding Awaits
Insurance Journal | May 19, 2023
Second Round of Insure Louisiana Incentive Program Canceled; Additional Funding Awaits
The second application period for the Insure Louisiana Incentive Program was canceled this week as the Louisiana Department of Insurance (LDI) waits on lawmakers to appropriate more funding for the program. The 30-year day application period, which began May 1, …
US Imposes Sanctions on Hundreds of Targets in Fresh Russia Action
Insurance Journal | May 19, 2023
US Imposes Sanctions on Hundreds of Targets in Fresh Russia Action
The United States and its partners on Friday announced new penalties aimed at punishing Russia for its invasion of Ukraine, intensifying what is already one of the harshest sanctions efforts ever implemented. Washington targeted Russia’s sanctions evasion, future energy revenues …
G7 Steps Up Russia Sanctions, Seeks to Cut China Trade Dependency
Insurance Journal | May 19, 2023
G7 Steps Up Russia Sanctions, Seeks to Cut China Trade Dependency
Leaders of the world’s richest democracies agreed on Friday to stiffen sanctions against Russia, while a draft communique to be issued after their talks in the Japanese city of Hiroshima stressed the need to reduce reliance on trade with China. …
EU Lawmakers Warn of Hungary, Poland Spyware Abuses
Insurance Journal | May 10, 2023
EU Lawmakers Warn of Hungary, Poland Spyware Abuses
European Union lawmakers investigating the use of Pegasus spyware against opposition politicians and journalists on May 9 raised deep concern about abuses in Hungary and Poland and lamented a lack of cooperation with their inquiry. The spyware developed by developed …
People Moves: Chubb Appoints Homan to Lead International P/C Division
Insurance Journal | May 10, 2023
People Moves: Chubb Appoints Homan to Lead International P/C Division
Chubb Appoints Homan to Lead International Property and Casualty Division Chubb today announced that Mark Homan has been appointed division president, international property and casualty for overseas general insurance, the company’s international general insurance operations, effective June 1. Currently, he …