(239) 334-7727

info@benfew.com

Category: Insurance Journal

Ohio Residents Can Return After Air Deemed Safe from Derailment
Insurance Journal | February 10, 2023
Ohio Residents Can Return After Air Deemed Safe from Derailment
Evacuated residents can safely return to the Ohio village where crews burned toxic chemicals after a train derailed five days ago near the Pennsylvania state line, East Palestine Fire Chief Keith Drabick said. Authorities in East Palestine had warned that …
Nevada Lawsuit with Ex-ACLU Observer Settled for $250K
Insurance Journal | February 10, 2023
Nevada Lawsuit with Ex-ACLU Observer Settled for $250K
The Reno City Council approved a $250,000 settlement Wednesday with a former American Civil Liberties Union official who was shot by police with rubber bullets while serving as a legal observer at a 2020 civil rights protest in the wake …
Hilb Buys Nowell in Mississippi, Alkeme Acquires PEO Exchange in Florida
Insurance Journal | February 10, 2023
Hilb Buys Nowell in Mississippi, Alkeme Acquires PEO Exchange in Florida
Hilb Group Buys Nowell Agency in Mississippi The Hilb Group has expanded into Mississippi with the acquisition of The Nowell Agency, the property insurance brokerage and benefits firm announced. The Nowell Agency has offices in Brandon, Greenwood, Tupelo, Byram and …
North Carolina’s 1930s Libel Law Likely Unconstitutional – Federal Appeals Court
Insurance Journal | February 10, 2023
North Carolina’s 1930s Libel Law Likely Unconstitutional – Federal Appeals Court
A federal appeals court sided again with North Carolina’s attorney general on Wednesday, saying a 1931 libel law is most likely unconstitutional. Josh Stein has sought to block a fellow Democrat from using the law to prosecute him over a …
Facebook Hit With $1 Million Fine Tied to User-Privacy Lawsuit
Insurance Journal | February 10, 2023
Facebook Hit With $1 Million Fine Tied to User-Privacy Lawsuit
Facebook and its outside law firm were ordered to pay almost $1 million in sanctions for deceitfully denying that it shared users’ private information with third parties without permission. The fine is “loose change” for Facebook and Gibson Dunn & …
NC House Passes Bill Raising Penalties for Violent Protests
Insurance Journal | February 10, 2023
NC House Passes Bill Raising Penalties for Violent Protests
A bill increasing punishments for violent protests following the 2020 demonstrations over George Floyd’s murder passed the North Carolina House on Wednesday despite harsh criticism from social justice advocates. Some bipartisan support signals a potential override of any veto by …
UK Government Seeks to Speed Up Post-Brexit Insurance Reforms
Insurance Journal | February 10, 2023
UK Government Seeks to Speed Up Post-Brexit Insurance Reforms
The UK government is in talks to speed the implementation of a flagship insurance reform to release £100 billion ($121 billion) of capital for investment, after months of clashes over the plans and frustration about the slow pace of change. …
Former Iowa Insurance Producer Sentenced for Fraud Scheme
Insurance Journal | February 10, 2023
Former Iowa Insurance Producer Sentenced for Fraud Scheme
Former insurance producer Oscar Sanchez of Marshalltown was recently sentenced in Marshall County District Court after pleading guilty to his actions in an insurance fraud scheme. Sanchez pled guilty on December 8th, 2022, to three counts of Insurance Fraud – …
Texas DWC Taking Comments on Proposed Rule Change to Update Insurance Code
Insurance Journal | February 10, 2023
Texas DWC Taking Comments on Proposed Rule Change to Update Insurance Code
The Texas Department of Insurance, Division of Workers’ Compensation (DWC) is accepting public comments on a proposed rule to amend 28 Texas Administrative Code Section 165.1. The changes would add Texas Mutual’s physical address, update Insurance Code references, and make …
Zurich Insurance Reports Net Income of $4.6B in 2022, Down 12% From 2021
Insurance Journal | February 10, 2023
Zurich Insurance Reports Net Income of $4.6B in 2022, Down 12% From 2021
Zurich Insurance Group reported net income attributable to shareholders of $4.6 billion in 2022, a 12% decrease from $5.2 billion in 2021, which was driven mainly by a lower level of capital gains, net losses on divestment of businesses and …