Insurance Journal – Page 84 – Ben Few & Company, Inc.

Insurance Journal | October 31, 2024

Former Principal of Missouri Boarding School Charged with Sex Crimes Involving Student

A former principal at a Christian boarding school in Missouri that closed in March amid abuse allegations has been charged with sex crimes involving a former student. Craig Wesley Smith Jr. was charged by the prosecutor in Wayne County in …

Insurance Journal | October 30, 2024

Louisiana Fortify Homes Program Waitlist Participants Upgraded to Active Status

The Louisiana Department of Insurance said that the 400 Louisiana Fortify Homes Program (LFHP) registrants who were placed on the waitlist after registering for the fifth round of grants last month have been moved to active participant status and may …

Insurance Journal | October 30, 2024

Missouri Farm Cooperative Fined $241K for Lacking Proper Equipment

A Missouri grain cooperative could have prevented an employee’s fatal engulfment in a storage bin in May 2024 had it followed federal workplace safety requirements, the U.S. Department of Labor determined. Responding to the employer’s report of a worker fatality, …

Insurance Journal | October 30, 2024

Farm Bill Becomes Lightning Rod in Wisconsin Senate Race

MADISON, Wis. (AP) — Wisconsin Republican Senate candidate Eric Hovde has repeatedly defended his self-professed lack of knowledge about the U.S. farm bill in the campaign’s closing days, after first saying in a debate that he is “not an expert” …

Insurance Journal | October 30, 2024

AM Best Removes Under Review Status of Iowa’s Pharmacists Mutual

AM Best has removed from under review with negative implications and affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Ratings of “a-” (Excellent) of Pharmacists Mutual Insurance Company (PMIC) and its wholly owned reinsured subsidiary, …

Insurance Journal | October 30, 2024

Spain Reports 62 Dead After One of Century’s Worst Storms

More than 60 people died as eastern Spain was hit by one of the worst storms in decades on Tuesday night. The storm is “one of the three strongest in the last century in the region of Valencia,” the Spanish …

Insurance Journal | October 30, 2024

Former North Carolina Volunteer Fire Chief Charged with Embezzling $155,300

A former volunteer fire chief in North Carolina has been charged with embezzling almost $155,300 from his department by falsifying time sheets. State Insurance Commissioner Mike Causey said in a statement that Brian Jason Edwards, 49, of Granite Falls, was …

Insurance Journal | October 30, 2024

UK’s Reeves Raises Employers’ National Insurance Contributions

Finance minister Rachel Reeves said on Wednesday she would raise employers’ social security contributions to 15% from April, a major revenue raiser for a budget the government hopes will kick-start moves to turn around a flagging economy. Britain’s Labour government …

Insurance Journal | October 30, 2024

Allstate, Roberto Clemente Agency Settle Racial Bias, Fraud Dispute

The son of the late Major League Baseball Hall of Famer Roberto Clemente and Allstate Insurance Co. have settled their disputes over Allstate’s cancellation of the Clemente Family Agency’s contract and allegations of racial bias. The parties have been in …

Insurance Journal | October 30, 2024

FTC Antitrust Merger Rules Issued After Rare, Bipartisan Compromise

A new US antitrust rule requiring companies to give the government more information on their mergers and acquisitions came with a surprise twist: The Federal Trade Commission passed it with a rare 5-0 vote. The agency’s two Republican commissioners, who …