Industry News
Is a Scooter a Vehicle? Appeals Court Says ‘Yes’ and State Farm Must Pay UM Claim
State Farm must pay an uninsured motorist claim for injuries caused by an electric motor scooter even though the scooter didn't match the definition of "motor vehicle" in Florida statutes, a panel of ...
Beat Capital Launches Specialist Energy Insurance Business
Beat Capital Partners, a long-duration venture-capital investor that specializes in the insurance industry, announced the launch of a specialist energy underwriter, Horace Agency Ltd. Led by industry ...
Teacher Shot by 6-Year-Old Student Files $40 Million Lawsuit
Abby Zwerner, a first-grade Virginia teacher who was shot and seriously wounded by her 6-year-old student, filed a lawsuit Monday seeking $40 million in damages from school officials, accusing them ...
NHC Report Ranks Ian as Costliest Florida Hurricane, Shows Forecasting, Storm Surge
The National Hurricane Center's report on Hurricane Ian, posted Monday, six months after the storm hit southwest Florida, pegs Ian as the most expensive to hit the Sunshine State, causing twice as ...
Distraction, Speeding, Alcohol Drive Up 2021 Traffic Deaths
Nearly 43,000 people died in U.S. traffic crashes in 2021—the highest number in 16 years—with deaths due to speeding and impaired or distracted driving on the rise. The 2021 final numbers, ...
Boy Scouts Bankruptcy Plan Headed to Federal Appeals Court
Attorneys for several insurance companies are appealing a federal judge's decision to uphold the confirmation of a $2.4 billion bankruptcy reorganization plan for the Boy Scouts of America. In an ...
Dollar General Targeted for Systemic Work Hazards
Dollar General Corp.'s stores are as ubiquitous in small-town America as Starbucks cafes in cities and suburbia. And just like the coffee giant, it's facing increasing criticism over worker treatment ...
Munich Re Exits Insurance Climate Group, Citing ‘Material’ Legal Risks
Munich Re is leaving an alliance of leading insurers that have committed to reduce emissions due to what it says are "material" legal risks, in a move that marks the latest blow to a coalition built ...