The US Federal Trade Commission has prepared a lawsuit against tractor giant Deere & Co. alleging the company’s agricultural equipment repair practices violate competition laws, according to people familiar with the matter. The agency is prepared to file the case …
FTC Prepares Lawsuit Over Deere Equipment Repair Practices Read More »
President Joe Biden signed an executive order on Tuesday to provide federal support to address massive energy needs for fast-growing advanced artificial intelligence data centers, the White House said. The order calls for leasing federal sites owned by Defense and …
Biden Signs Executive Order to Ensure Power for AI Data Centers Read More »
This month, the minimum automobile liability coverage requirements in North Carolina jumped to 50/100/50, among the highest minimums in the country. The change is the result of Senate Bill 452, approved in 2023 and which became law last year. The …
New Auto Liability Minimums Take Effect in North Carolina Read More »
Are you a top agent/producer? Do you know someone at your agency who is? Insurance Journal is searching for the nation’s leading independent agents and producers to become part of Insurance Journal’s Agents of the Year listing to be published …
Insurance Journal’s ‘Agents of the Year’ Nomination Deadline Soon. Read More »
A Hopkinton man was sentenced on Jan. 10, 2025 in federal court in Boston for defrauding the Internal Revenue Service (IRS) and Travelers Insurance Co. over wages he paid to employees of his two construction companies. According to U.S. Attorney …
Construction Firm Owner Sentenced for Tax, Mail and Workers Compensation Fraud Read More »
Dermatologicals, which include a number of high-priced, private label drugs, account for the biggest share of the total drug spend in the California workers’ compensation system, a new report shows. Data from the California Workers’ Compensation Institute shows recent shifts …
Dermatologicals Now the Costliest Drug Group in California Workers Comp Read More »
Lincoln-Leavitt Insurance has acquired Pyorre Insurance Agency in California. Pyorre Insurance Agency’s Lakeport office will relocate to Lincoln-Leavitt Insurance’s location in Lakeport, California, by the end of January. Its Fort Bragg location will remain open, and the same team will …
Lincoln-Leavitt Acquiring Pyorre Insurance Agency in California Read More »
This post is part of a series sponsored by AgentSync. State-by-state variations of laws, compliance protocols, industry transparency, and general regulatory culture can lend one the impression that keeping up with industry changes is a little bit like herding cats. …
Regulatory Roundup: Operation Bear Claw, Rampant Deer, and Key Holiday Coverage Read More »
The Minneapolis City Council this month approved an agreement with the federal government to overhaul the city’s police training and use-of-force policies in the wake of the murder of George Floyd. The deal incorporates and builds on changes the Minneapolis …
Minneapolis to Overhaul Police Training After George Floyd’s Murder Read More »
DARAG, a leading legacy acquirer with a focus on the European and UK market, and wefox Insurance AG, the Liechtenstein-domiciled insurance carrier of wefox Group, announced the transfer of a run-off portfolio including motor damage and third-party liability, private liability …
DARAG Acquires Run-Off Portfolio From wefox Insurance AG Read More »
