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Tag: insurance-journal

Inszone Acquires Entertainment Specialist Truman Van Dyke in California
Insurance Journal | February 20, 2024
Inszone Acquires Entertainment Specialist Truman Van Dyke in California
Inszone Insurance Services acquired entertainment insurance agency Truman Van Dyke Co. Truman Van Dyke was founded by Truman Van Dyke Sr. and Truman Van Dyke Jr. Van Dyke Sr. transitioned from a silent film actor to an insurance agent, catering …
Trump Avoids ‘Corporate Death Penalty’ in Civil Fraud Case, But Business Will Get Slammed
Insurance Journal | February 20, 2024
Trump Avoids ‘Corporate Death Penalty’ in Civil Fraud Case, But Business Will Get Slammed
Donald Trump won’t face the corporate death penalty after all. A New York judge on Friday spared the ex-president that worst case punishment as he ruled in a civil case alleging Trump fraudulently misrepresented financial figures to get cheaper loans …
FBI, UK Crime Agency Say They Have Disrupted LockBit Cyber Gang
Insurance Journal | February 20, 2024
FBI, UK Crime Agency Say They Have Disrupted LockBit Cyber Gang
A coalition of international law enforcement agencies, including the FBI and UK National Crime Agency, said they have disrupted LockBit, one of the most prolific hacker groups of all time, including shutting down websites the organization used for ransomware payments. …
New Storms Hit California as Wet Winter Brings More Flooding, Winds and Heavy Snowfall
Insurance Journal | February 19, 2024
New Storms Hit California as Wet Winter Brings More Flooding, Winds and Heavy Snowfall
AccuWeather meteorologists on Sunday forecasted the “relentless wet pattern” will continue for residents along the West Coast at least the middle of the week, as stormy conditions will moved onshore withrounds of locally heavy rainfall and a renewed risk for …
TWIA Committee Recommends $6.5B as PML for 2024 Storm Season
Insurance Journal | February 16, 2024
TWIA Committee Recommends $6.5B as PML for 2024 Storm Season
The Texas Windstorm Insurance Association’s Actuarial & Underwriting Committee met on February 13 and voted unanimously to recommend the TWIA Board of Directors establish $6.5 billion as the Association’s 1:100 probable maximum loss (PML) for the 2024 storm season. The …
People Moves: Leif Assurance Hires Gulli and Kay as Marketing Specialists
Insurance Journal | February 16, 2024
People Moves: Leif Assurance Hires Gulli and Kay as Marketing Specialists
Leif Assurance, headquartered in St. Louis, hired Lauren Elizabeth Gulli as brand marketing specialist and Connor Kay as digital marketing specialist. Before joining Leif Assurance, Gulli was a marketing director for a business consulting firm. Before joining Leif Assurance, Kay …
February Tornadoes in Wisconsin Caused $2.4M in Damage
Insurance Journal | February 16, 2024
February Tornadoes in Wisconsin Caused $2.4M in Damage
EVANSVILLE, Wis. (AP) — The first ever tornadoes ever recorded in Wisconsin in the usually frigid month of February caused more than $2.4 million in damage, officials said Wednesday. The tornadoes that ripped through Rock County on Feb. 8 killed …
Chicken Processing Plant Fined $393K for Endangering Ohio Employees
Insurance Journal | February 9, 2024
Chicken Processing Plant Fined $393K for Endangering Ohio Employees
A chicken processing plant – with a long history of violations ‒ continues to ignore federal safety regulations and expose workers to multiple hazards while they process chickens for commercial sale, federal inspectors found. Inspectors with the U.S. Department of …
Louisiana Furniture Retailer Settles Race Discrimination Lawsuit for $105K
Insurance Journal | February 9, 2024
Louisiana Furniture Retailer Settles Race Discrimination Lawsuit for $105K
A furniture retailer and lessor based in Louisiana has agreed to pay a former employee $105,000 to settle a race discrimination lawsuit filed by the U.S. Equal Employment Opportunity Commission (EEOC), the federal agency announced. Affordable Rent-to-Own, LLC, doing business …
Court Orders Texas Adjuster to Cease Using Lloyd’s Trademarked Names
Insurance Journal | February 9, 2024
Court Orders Texas Adjuster to Cease Using Lloyd’s Trademarked Names
A Texas public adjuster committed willful infringement when he formed a corporation and a limited liability company with the names “Certain Underwriters at Lloyds London, Inc.” and “Certain Underwriters of Lloyds London,” a U.S. district court ruled on Feb. 7. …