» Newfront in California Names Cannabis Specialist Word Head of Agribusiness
25/02/20 00:00 from Insurance Journal
Newfront Insurance in San Francisco, Calif., has named Seth Word principal and head of agribusiness. At Newfront, he’ll oversee all aspects of cannabis as well as agriculture and horticulture coverage. Prior to joining Newfront, Word founded and lead Cultivate Insurance …
» LP Insurance Services in Nevada Names Cushard Vice President
25/02/20 00:00 from Insurance Journal
Reno, Nev.-based LP Insurance Services LLC has named Brian Cushard vice president of strategic growth. Cushard will concentrate on acquisitions, operational enhancements and growth throughout LP Insurance Services. He was with Woodruff Sawyer and Beecher Carlson in before joining LP …
» Buffett Warns of Corporate Directors Too Beholden to CEO
25/02/20 00:00 from Insurance Journal
Warren Buffett on Saturday called on corporate America to make their boards of directors more accountable to shareholders and less beholden to chief executive officers, perhaps by reducing their pay and requiring that they buy more stock. In his annual …
» Report: Kentucky Highway Traffic Fatalities Increased in 2019
24/02/20 23:46 from Insurance Journal
Highway traffic fatalities in Kentucky increased by 10 last year, according to a preliminary count. According to initial data, there were 734 fatalities in 2019, compared to 724 in 2018, the Kentucky Transportation Cabinet’s Office of Highway Safety said in …
» Florida Carriers Seek Staggering Rate Increases Amid Market Turmoil
24/02/20 23:16 from Insurance Journal
It’s no surprise that Florida carriers are raising homeowners’ insurance rates given several years of catastrophes and losses from litigation related to assignment of benefits and water damage claims. What may be surprising for insureds, however, is how substantial the …
» 300 Residents Evacuated, Dozens Treated After Pipe Rupture in Mississippi
24/02/20 23:00 from Insurance Journal
Authorities say they’re testing the air quality after a pipe ruptured, prompting the evacuations of more than 300 residents and sending dozens of people to hospitals. The Mississippi Department of Emergency Management said 46 people were treated at area hospitals …
» Safety Board to Report on Tesla Autopilot Crash, Issue Safety Recommendations
24/02/20 20:05 from Insurance Journal
The National Transportation Safety Board will hold a public hearing on Tuesday to establish the probable cause of a fatal March 2018 Tesla Autopilot crash in California and will issue a series of safety recommendations, two people briefed on the …
» Supreme Court Nixes Religious Bias Claim for Walgreens Denying Saturdays-Off Request
24/02/20 13:00 from Insurance Journal
The U.S. Supreme Court on Monday handed a victory to Walgreens, turning away an appeal by a fired former Florida employee of the pharmacy chain who asked not to work on Saturdays for religious reasons as a member of the …
» Judge Wants Questions Answered on Plan to Remove Capsized Ship in Georgia
24/02/20 11:51 from Insurance Journal
A federal judge on Friday ordered attorneys for the U.S. Coast Guard and a maritime salvage company to answer detailed questions about plans to remove an overturned cargo ship on the Georgia coast by sawing it into eight enormous chunks. …
» Missouri Woman Wins Jury Award in Police Stun Gun Lawsuit
24/02/20 09:41 from Insurance Journal
Jurors have awarded $3,500 to a woman who was shocked three times with a stun gun after a St. Louis, Mo., march protesting police misconduct. The St. Louis Post-Dispatch reports that jurors found in favor of University City School Board …
» Cyber Insurance Startup At-Bay Plans Expansion After Raising $34 Million
24/02/20 09:38 from Insurance Journal
Cyber Insurance startup At-Bay raised a new $34 million venture capital round, CEO and Co-Founder Rotem Iram disclosed in a recent blog posting. Plans call for the money to be used to grow the managing general underwriter’s offices in New …
» Second Person in Days Killed by Mardi Gras Float in New Orleans
24/02/20 09:37 from Insurance Journal
A man was struck and killed by a Mardi Gras float during a raucous Saturday night street parade in New Orleans, becoming the second person in days killed along a parade route during this year’s Carnival season, authorities said. The …
» Louisiana Approved to Spend $1.2B in Flood Aid
24/02/20 09:34 from Insurance Journal
Louisiana can soon start spending $1.2 billion in federal cash to fortify communities against future flood risks, after the governor’s office announced Friday that federal officials have approved the state’s plan for the funds. The dollars, overseen by the U.S. …
» Parents in South Dakota Plead for Tougher Texting While Driving Penalties
24/02/20 09:31 from Insurance Journal
Jacob William Dahl was a 19-year-old Northern State University student when he was killed after running into the back of a soybean truck while looking at his cellphone. Dahl, a 2013 graduate of Castlewood High School, was “the greatest kid …
» Deer Sent Flying by Car Crashed into 2nd Car, Killing Driver
24/02/20 09:28 from Insurance Journal
A deer sent flying when it was hit by a car in southeast Iowa crashed through the window of a second car, killing its driver, the Iowa State Patrol said. The accident occurred a little after 7 p.m. Wednesday on …
» Helicopter Pilot in Kobe Bryant Crash Had FAA Violation in 2015
24/02/20 09:24 from Insurance Journal
The pilot of a helicopter that crashed into a Southern California hillside, killing Kobe Bryant and eight others, was reprimanded five years ago for flying into airspace that had reduced visibility without permission, according to a Federal Aviation Administration enforcement …
» Small Businesses Hope Employees Like Wellness Benefits Enough to Stay
24/02/20 09:22 from Insurance Journal
Every month, the 30 staffers at Chris Boehlke’s public relations firm each get $100 to pay for anything that contributes to their wellness. And not just for typical expenditures like gym memberships or yoga classes. “You can get nails done, …
» Wells Fargo to Pay $3B to U.S. to Settle Fake Accounts Scandal
24/02/20 08:22 from Insurance Journal
Wells Fargo & Co. has agreed to pay $3 billion to resolve criminal and civil probes into fraudulent sales practices and has admitted to pressuring employees in a fake-accounts scandal, U.S. officials said on Friday, wrapping up one of the …
» Brazil’s Vale Knew Deadly Tailings Dam Was Unsafe as Far Back as 2003: Report
24/02/20 08:08 from Insurance Journal
An independent investigation requested by Brazilian iron ore miner Vale SA into the causes of the Brumadinho tailings dam disaster that killed 270 people a year ago found the company knew about the problem but failed to deal with it. …
» Buffett Says Combs Likely to Head GEICO Only Temporarily
24/02/20 08:06 from Insurance Journal
Warren Buffett doesn’t expect Todd Combs, one of his two key investing deputies, to be at auto insurer Geico long. Buffett’s Berkshire Hathaway Inc. tapped Combs in December to become chief executive officer of its Geico unit. He replaced Bill …