insurance-journal – Page 206 – Ben Few & Company, Inc.

Insurance Journal | November 18, 2022

Lemonade Records Net Loss, Top and Bottom Line Growth

Insurtech Lemonade booked a third-quarter net loss of $91.4 million compared with a net loss of $66.4 million during the same quarter last year, but in a letter to shareholders, the company said both top and bottom lines came in …

Insurance Journal | November 18, 2022

Court Won’t Reconsider Block of Arkansas Trans Care Law

LITTLE ROCK, Ark. (AP) – A federal appeals court said Wednesday it won’t reconsider its ruling temporarily blocking Arkansas from enforcing its ban on gender-affirming care for children. The 8th U.S. Circuit Court of Appeals denied the state’s request for …

Insurance Journal | November 18, 2022

Texas Agency, Lawmakers Aim to Tighten Pollution From Concrete Plants

ARLINGTON — Deirdre Diamond is frustrated and concerned that another concrete batch plant is coming to her town. Gunter, located about 50 miles north of Dallas, already has 11 permitted concrete batch plants, according to Texans for Responsible Aggregate Mining, …

Insurance Journal | November 18, 2022

Indiana House Explosion Injures 3; Gas Leak Blamed in Blast

PRINCETON, Ind. (AP – A house explosion in southwestern Indiana that injured three people has been traced to a heater that began leaking natural gas during maintenance work, authorities said. Four people were inside the two-story home when it was …

Insurance Journal | November 10, 2022

Acrisure Buys New York Technology Services Firm Homefield IT

Insurance broker and real estate services firm Acrisure announced that it has acquired business technology firm Homefield IT, which will become part as part of Acrisure Cyber Services (ACS). Based in New York City, Homefield IT specializes in managed information …

Insurance Journal | November 10, 2022

Voters Approve Recreational Marijuana in Two More States to Total 21

Voters approved recreational marijuana in Maryland and Missouri but rejected it in three other states, signaling support gradually growing for legalization even in conservative parts of the country. The results mean that 21 states have now approved marijuana’s recreational use. …

Insurance Journal | November 10, 2022

Arkansas Voters Reject Legalizing Marijuana

LITTLE ROCK, Ark. (AP) – Arkansas voters have rejected a constitutional amendment that would have legalized recreational marijuana in the state. The proposal failed six years after Arkansas voters made the state the first in the Bible Belt to legalize …

Insurance Journal | November 10, 2022

Moody’s: California Utilities Reduced Liability Following Catastrophic Wildfires

A new report shows California utilities have noticeably reduced their liability following catastrophic wildfires in the past that have been blamed on the utilities and have driven several massive lawsuits and financial challenges. The report out on Thursday from Moody’s …

Insurance Journal | November 10, 2022

D&O Pricing Falls 14.7% in Q3, Breaking 17-Quarters of Pricing Increases: Aon

Directors and officers liability pricing fell 14.7% in the third quarter, according to a recent survey. Aon’s Financial Services Group’s Q3 2022 pricing index for the quarter ending on September 30 decreased to 1.57 from 1.96 in the prior-year quarter, …

Insurance Journal | November 10, 2022

Iowa Voters Add Gun Rights to Constitution

DES MOINES, Iowa (AP) – Iowans voted Tuesday to add a right to keep and bear arms into the state constitution, a move that will make it more difficult to pass gun restrictions and easier to strike down existing gun …