Reinsurance rates continued to soften during the April 1 renewals despite the unstable geopolitical landscape and uncertain economic outlook, according to major reinsurance brokers. “The orderly completion of the renewal, with no structural disruption, disciplined capacity and cedent-friendly pricing outcomes, …
Reinsurance Rates Continued Softening During April Renewals, Despite Iran War Read More »
Pawtucket, Rhode Island-based toymaker Hasbro, Inc. reported it is investigating a cybersecurity incident after identifying unauthorized access to its network on March 28. The company said it has taken certain systems offline and launched an investigation with the assistance of …
Toymaker Hasbro Reports Cybersecurity Incident Read More »
Mississippi will soon become the latest state to provide wind-mitigation grants for homeowners if the governor signs bills approved by lawmakers this week. Senate Bill 2049 revives a 20-year-old retrofit plan and creates the Strengthen Mississippi Homes Program, providing grants …
Mississippi Lawmakers Revive Wind-Mitigation Program with $15,000 Grants Read More »
The state of Georgia must pay some 5,000 military service members and their spouses a total of $3 million to settle charges that state boards failed to recognize out-of-state professional licenses. The U.S. Department of Justice announced this week that …
Georgia Boards Owe $3M to Military Spouses With Out-of-State Licenses Read More »
A committee of senior officials in President Donald Trump’s administration voted on Tuesday to exempt the Gulf of Mexico oil and gas industry from a federal law meant to protect endangered species including whales, birds and sea turtles. The decision, …
US Exempts Gulf of Mexico Drillers From Endangered Species Rules Read More »
Kroger Texas L.P. – Houston Division, operator of Kroger grocery store #300 in Houston’s Clear Lake/NASA area, violated federal employment law when it failed to accommodate and then fired an employee because of her disability, the U.S. Equal Employment Opportunity …
Kroger Houston Division Faces Lawsuit for Disability Discrimination Read More »
A Trump-appointed federal judge in South Texas this week dismissed a lawsuit filed by a woman in the Rio Grande Valley who alleged that her rights were violated after prosecutors charged her with murder in a controversial case that made …
Texas Woman Loses Wrongful Arrest Lawsuit in Controversial Abortion Case Read More »
A tugboat captain has been charged in a deadly Miami collision in July that killed three girls from a sailing camp, federal prosecutors said Tuesday. Yusiel Lopez Insua, 46, of Miami, faces a charge of seaman’s manslaughter in the crash, …
Tugboat Captain Charged in Crash That Killed 3 Girls from Miami Sailing Camp Read More »
A commercial fleet lender is paying $1.64 million to settle allegations it made false claims to take advantage of a loan loss insurance program. California Attorney General Rob Bonta settled with Crossroads Equipment Lease and Finance over alleged false claims …
Fleet Lender Pays $1.64M to California to Settle False Claims Allegations Read More »
Federal law enforcement officials report they arrested Zhan Petrosyants, charging him with operating an extensive no-fault automobile insurance fraud scheme that involved submitting tens of millions of dollars in fraudulent medical claims and laundering the proceeds. Petrosyants, 44, also known …
New York Restaurateur Charged In No-Fault Auto Insurance Fraud Scheme Read More »
