News Center
News – Insurance Journal
North Carolina Dwelling Rates to Increase by 7.6%; Mobile Home Request in Dispute
The North Carolina Department of Insurance has ended its legal dispute with the North Carolina Rate Bureau on its proposed 18.7% dwelling insurance rate increase, averting a potentially costly administrative battle with insurance companies, NCDOI said in a statement. The …
POSTED APRIL 19, 2021 3:51 PM |
Wildfire on Cape Town’s Table Mountain Rages Out of Control
More than 250 firefighters in Cape Town are battling a massive blaze that broke out on the slopes of the city’s Table Mountain on Sunday and spread to a university campus, severely damaging at least three buildings and forcing student …
POSTED APRIL 19, 2021 3:11 PM |
No Charges in New York Fatal Crash Involving Sleeping Deputy
A sheriff’s deputy who fell asleep at the wheel of a patrol vehicle near the Vermont border and slammed into another car head-on, killing the other driver, will not face criminal charges, New York’s attorney general said Thursday. Susan Harrington, …
POSTED APRIL 19, 2021 2:38 PM |
Transportation Insurer Lancer to Merge Into Core Specialty
Commercial auto insurer Lancer Insurance Co. has agreed to merge with another specialty insurer, Core Specialty, where it will operate under its own brand name as Core Specialty’s ninth specialty property/casualty business unit. The deal marks Core Specialty’s first merger …
POSTED APRIL 19, 2021 2:35 PM |
Cyber Attacks on the Rise for Businesses, Pushing Many to the Brink: Hiscox
The proportion of businesses targeted by cyber criminals in the past year increased from 38% to 43%, with over a quarter of those targeted (28%) experiencing five attacks or more, according to the Hiscox Cyber Readiness Report 2021. Those attacks …
POSTED APRIL 19, 2021 2:33 PM |
Liberty University Sues Jerry Falwell Jr., Seeking Millions in Damages
Liberty University has filed a civil lawsuit against its former leader, Jerry Falwell Jr., seeking tens of millions in damages after the two parted ways acrimoniously last year. The complaint, filed Thursday in Lynchburg Circuit Court, alleges Falwell crafted a …
POSTED APRIL 19, 2021 2:32 PM |
New Jersey Governor Proposes New Gun Control, Safety Measures
New Jersey would mandate safety courses in order to get a gun permit, require lockboxes for out-of-use firearms and change state law to hold firearm makers liable for harm stemming from gun use, among other changes proposed in the dozen …
POSTED APRIL 19, 2021 2:24 PM |
Colorado Woman with Dementia Arrested Over Petty Theft Sues
A 73-year-old woman with dementia is suing a Colorado city and members of its police department after she suffered a dislocated shoulder and bruises last year while being arrested after leaving a store without paying for about $14 worth of …
POSTED APRIL 19, 2021 2:16 PM |
Possible Water Crisis for Ag Operations on Oregon-California Border
Hundreds of farmers who rely on a massive irrigation project that spans the Oregon-California border learned Wednesday they will get a tiny fraction of the water they need amid the worst drought in decades, as federal regulators attempt to balance …
POSTED APRIL 19, 2021 2:11 PM |
Arch Capital Estimates Q1 Catastrophe Losses Could Reach $190 Million
Arch Capital Group Ltd. estimated a range of pretax catastrophe losses of $180 million to $190 million for the first quarter across its property casualty insurance and reinsurance segments. A major reason for the claims during Q1 will be January’s …
POSTED APRIL 19, 2021 12:30 PM |
NOTICE: The links and articles found on or within this news center are simply for informational purposes that we believe may be of benefit to our clients and/or website visitors. By providing these links on our website, we are not recommending or endorsing the use of the particular products or services these third parties offer. Nor does The Burrows Agency confirm, corroborate or agree to the statistics or opinions on these links and articles. We urge you to review each website’s Privacy Policy, Disclaimers, and develop an independent opinion of the service or product for any link pursued.
|