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Louisiana Launches Lottery System for Fortify Homes Program Grants
The Louisiana Department of Insurance announced that registration for the next round of Louisiana Fortify Homes Program (LFHP) grants will open at 8 a.m. on Wednesday, September 18, and close at 5 p.m. on Friday, September 20. While previous grant …
POSTED SEPTEMBER 06, 2024 4:53 PM |
Contractor Agrees to Iowa Consent Order Regarding Unlicensed Public Adjusting
The Iowa Insurance Division entered into a consent order with a Midwest roofing contractor on Sept. 5 following a June cease and desist order against contractors acting as unlicensed public adjusters. IID alleges that AmeriPro Roofing solicited business to Greenfield, …
POSTED SEPTEMBER 06, 2024 4:47 PM |
Drought Shrivels the Mississippi River and Threatens to Disrupt US Food Exports
Drought across the central US is shrinking the Mississippi River, sending barge rates soaring and threatening to roil shipments of everything from corn to gasoline. Dry conditions across the Ohio River basin, which feeds the Mississippi, have worsened already low …
POSTED SEPTEMBER 06, 2024 4:17 PM |
London’s ExCel Centre Wins Insurance Appeal Over COVID-19 Losses
The owners of London’s ExCel conference center on Friday won an appeal brought by insurers, including Allianz, over pandemic-related losses, which its lawyers said could help thousands of other policyholders. London International Exhibition Centre Plc took legal action at London’s …
POSTED SEPTEMBER 06, 2024 3:52 PM |
Collision Between Jail Transport Van and Vehicle Injures 19 in Illinois
ROUND LAKE, Ill. (AP) — Nineteen people have been hurt after a jail transport van collided Wednesday with another vehicle and struck a pole in northeastern Illinois. Sixteen prisoners were in the van that was traveling to the McHenry County …
POSTED SEPTEMBER 06, 2024 3:51 PM |
As Traffic Deaths Remain High, US Awards $1 Billion for Road Safety Projects
The U.S. Transportation Department said on Thursday it is awarding $1 billion for a series of projects aimed at reducing traffic crashes, as road deaths remain sharply higher than pre-pandemic levels. The department separately on Thursday estimated that 18,720 people …
POSTED SEPTEMBER 06, 2024 3:10 PM |
Blue to Become CEO of Alera Group in 2025
Alera Group said its president, Jim Blue, will become the firm’s chief executive officer, effective January 1, 2025. Blue will succeed Alan Levitz, who will become Alera Group’s Executive Chairman. Levitz’ focus will include identifying strategic partners to help advance …
POSTED SEPTEMBER 06, 2024 2:55 PM |
New Mississippi Lawsuit Names Pharmacy Benefits Managers for Opioid Epidemic
JACKSON, Miss. (AP) — The state of Mississippi is suing drug manufacturers and pharmacy benefit managers alleging that opioids were over-prescribed. Attorney General Lynn Fitch, a Republican, filed the suit Thursday in Hinds County Chancery Court in the state capital …
POSTED SEPTEMBER 06, 2024 2:10 PM |
Fitch Ratings Shifts Global Re Outlook to Neutral; Pricing Past Peak
Fitch Ratings announced that it shifted its outlook on the global reinsurance sector to neutral yesterday but the downward shift came with an expectation of continued profitability—and a forecasted combined ratio around 90 in 2025. The revision—from a prior outlook …
POSTED SEPTEMBER 06, 2024 1:56 PM |
Workers at GM/LG Battery Plant in Tennessee Join UAW and Get Big Pay Raise
DETROIT (AP) — About 1,000 workers at a General Motors joint venture electric vehicle battery plant in Spring Hill, Tennessee, will get big pay raises now that they have joined the United Auto Workers union. GM and LG Energy Solution …
POSTED SEPTEMBER 06, 2024 1:54 PM |
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