A Missouri man on Friday admitted stealing railroad equipment on 33 occasions in Missouri and Illinois, costing railroads more than $1.5 million. Jesse Henry, 21, of Laclede County, Missouri, pleaded guilty in U.S. District Court in St. Louis to one …
Missouri Man Admits to Stealing Railroad Equipment on 33 Occasions Read More »
Drake has reached a settlement with Texas-based iHeartMedia in his ongoing legal dispute over Kendrick Lamar’s diss track “Not Like Us,” according to court records. In November, Drake filed a legal petition in Bexar County, Texas, where San Antonio is …
Drake Settles With Texas-Based iHeartMedia Over ‘Not Like Us’ Read More »
Arthur J. Gallagher & Co. has announced the acquisition of Dyste Williams, a Minneapolis-based retail insurance agency. The acquired company specializes in commercial lines, employee benefits, and personal lines services in the Upper Midwest region. Ted Dyste, Nels Dyste, and …
Arthur J. Gallagher & Co. Acquires Minnesota’s Dyste Williams Read More »
Insurance industry rating analysts from AM Best warn recent softer pricing for directors and officers coverage could begin to affect insurers’ underwriting results. AM Best noted renewal premium for monoline D&O liability continued to fall during the first three months …
AM Best Concerned D&O Prices ‘Fell Too Far, Too Quickly’ Read More »
Critical to extreme fire conditions are expected to affect more than 2.7 million people across the Southwest, lower Great Plains and Texas, including the oil-rich Permian Basin. A large low-pressure system is forecast to move across the central Great Plains, …
Critical Fire Conditions to Grip Texas’ Oil-Rich Permian Basin Read More »
Novatae Risk Group, headquartered in Dallas, named Nick Greggains as president. Greggains is a member of the executive leadership team focusing on improving underwriting discipline, developing and implementing growth strategies, managing relationships with key clients and overseeing operational excellence. Greggains …
People Moves: Novatae Risk Group Names Greggains President Read More »
Chubb Ltd. agreed to acquire Liberty Mutual Holding Co.’s businesses in Thailand and Vietnam in a deal that would help it boost its presence in Southeast Asia. Chubb plans to buy LMG Insurance Public Co. in Thailand and Liberty Insurance …
Chubb to Buy Liberty Mutual Thailand, Vietnam Insurance Assets Read More »
The Mountain West Conference said it is seeking mediation in the lawsuit the Pac-12 filed against it in an attempt to avoid paying $55 million in “poaching” fees for bringing five Mountain West teams into its own league. The Pac-12 …
Mountain West Conference Seeks Mediation Over $55M in Dispute in Poaching Suit Read More »
ATLANTA (AP) — Georgia’s state Senate wants to boost spending on Hurricane Helene relief even more, including creating a grant program that could provide aid to individuals. The state Senate voted 55-1 last week to pass House Bill 67, which …
Georgia Lawmakers Must Now Fix Differences on Bill to Boost Hurricane Helene Relief Read More »
Chesapeake Employers’ Insurance Co. has filed for an 8% net rate decrease with the Maryland Insurance Administration (MIA) effective April 1, 2025. The nonprofit company, which is the state’s insurer of last resort, also announced its highest-ever policyholder dividend of …
Maryland’s Largest Workers Comp Insurer Files for 8% Rate Cut Read More »
