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Tag: insurance-journal

UCLA to Pay Over $6 Million to Settle Lawsuit on Antisemitism
Insurance Journal | July 29, 2025
UCLA to Pay Over $6 Million to Settle Lawsuit on Antisemitism
The University of California at Los Angeles agreed to pay more than $6 million to settle discrimination complaints brought by Jewish students and faculty members who assailed the school for allowing a “Jew Exclusion Zone” on campus during pro-Palestinian protests …
Industry Trades Throw Support Behind Bill to Affirm State Regulation of Insurance
Insurance Journal | July 29, 2025
Industry Trades Throw Support Behind Bill to Affirm State Regulation of Insurance
The National Association of Mutual Insurance Companies (NAMIC) is supporting a bill first introduced more than 18 months ago to limit the authority of the Consumer Financial Protection Bureau and protect state regulation of the insurance industry. Rep. Bryan Steil, …
Michigan Manufacturer Sued for Sexual Harassment
Insurance Journal | July 29, 2025
Michigan Manufacturer Sued for Sexual Harassment
East Jordan Plastics, Inc., a manufacturer of plastic horticultural containers, violated federal law when it subjected female production employees to sexual harassment before taking untimely remedial action, the U.S. Equal Employment Opportunity Commission (EEOC) charged in a lawsuit. According to …
AM Best Upgrades Credit Rating of Texas’ New Horizon
Insurance Journal | July 29, 2025
AM Best Upgrades Credit Rating of Texas’ New Horizon
AM Best has upgraded the Financial Strength Rating to A- (Excellent) from B++ (Good) and the Long-Term Issuer Credit Rating to “a-” (Excellent) from “bbb+” (Good) of New Horizon Insurance Company based in Houston, Texas. The outlook of these Credit …
Los Angeles Sues Airbnb for Alleged Price Gouging Following Wildfires
Insurance Journal | July 18, 2025
Los Angeles Sues Airbnb for Alleged Price Gouging Following Wildfires
Los Angeles sued Airbnb, accusing the home rental company of allowing price gouging affecting at least 2,000 properties during January’s wildfires in Southern California, City Attorney Hydee Feldstein Soto said on Friday. According to a complaint filed in Los Angeles …
People Moves: Encova Insurance Names Two New Senior Leadership Team Members; NI Holdings Inc. Names Dawson SVP and CHRO
Insurance Journal | July 18, 2025
People Moves: Encova Insurance Names Two New Senior Leadership Team Members; NI Holdings Inc. Names Dawson SVP and CHRO
Encova Insurance Names Two New Senior Leadership Team Members Encova Insurance Executive Vice President and Chief Strategy Officer John Kessler will retire at the end of 2026 after more than 40 years of dedicated service to the company. As part …
Survivors’ Lawyers Allege Decades of Systemic Abuse in Illinois Detention Facilities
Insurance Journal | July 18, 2025
Survivors’ Lawyers Allege Decades of Systemic Abuse in Illinois Detention Facilities
Illinois has one of the nation’s worst problems with child sex abuse at juvenile detention centers, attorneys representing more than 900 survivors who have filed lawsuits said Wednesday. Dozens of complaints, including several filed this week in Chicago, allege decades …
Cayman Islands Approves 21 New International Insurance Licenses During H1
Insurance Journal | July 18, 2025
Cayman Islands Approves 21 New International Insurance Licenses During H1
The Cayman Islands Monetary Authority (CIMA), which represents the international insurance industry in the British overseas territory, reported that licenses have been approved for 21 new international insurers during the first half of this year. Between April and June, CIMA …
Deadly History of Flooding in ‘Flash Flood Alley’ Along Guadalupe River
Insurance Journal | July 10, 2025
Deadly History of Flooding in ‘Flash Flood Alley’ Along Guadalupe River
Cindy Manley was a summer camp counselor in 1987 when a different devastating flood scarred the Texas Hill Country. The Heart O’ the Hills camp is on the Guadalupe River, where a massive search continues for more than 160 people …
Nebraska Sues GM Over Alleged Unauthorized Collection of Driving Data
Insurance Journal | July 10, 2025
Nebraska Sues GM Over Alleged Unauthorized Collection of Driving Data
Nebraska Attorney General Mike Hilgers filed a lawsuit this week alleging General Motors and its telematics service provider OnStar collected driving data without consumers’ knowledge or consent to create driving scores that were later sold to insurance companies and used …