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Tag: insurance-journal

Louisiana Fortify Homes Program Waitlist Participants Upgraded to Active Status
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 …
Missouri Farm Cooperative Fined $241K for Lacking Proper Equipment
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, …
Farm Bill Becomes Lightning Rod in Wisconsin Senate Race
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” …
AM Best Removes Under Review Status of Iowa’s Pharmacists Mutual
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, …
Spain Reports 62 Dead After One of Century’s Worst Storms
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 …
Former North Carolina Volunteer Fire Chief Charged with Embezzling $155,300
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 …
UK’s Reeves Raises Employers’ National Insurance Contributions
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 …
Allstate, Roberto Clemente Agency Settle Racial Bias, Fraud Dispute
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 …
FTC Antitrust Merger Rules Issued After Rare, Bipartisan Compromise
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 …
Helene-Caused IV Fluid Shortage to Affect Surgeries for Weeks
Insurance Journal | October 30, 2024
Helene-Caused IV Fluid Shortage to Affect Surgeries for Weeks
Surgery schedules around the country may be washed out for several more weeks while a crucial IV and sterile fluids factory remains shut down for hurricane-related damage. People often plan non-emergency surgeries in the fall and early-winter months when their …