Insurance Journal delivers the latest business news for the Property/Casualty insurance industry
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Tornado Devastates Iowa Town, killing Multiple People

GREENFIELD, Iowa (AP) — Multiple people died Tuesday and at least a dozen were injured when a powerful tornado tore through a small Iowa town, carving a bleak landscape of destroyed homes and businesses, shredded trees, smashed cars, and widely …

Thu May 23, 2024 21:27
Norfolk Southern to Pay $15M Civil Penalty, Cleanup Costs Over 2023 Ohio Derailment

Norfolk Southern NSC.N agreed to pay a $15 million civil penalty and $57.1 million in past government cleanup costs on Thursday, as well as millions in future costs to resolve a U.S. government lawsuit over a 2023 train derailment in …

Thu May 23, 2024 20:28
Are You a Top Account Manager/CSR? Submit a Nomination Today

Customer service representatives and account managers are the heart of agencies. That’s why Insurance Journal wants to recognize these valuable players for the critical work they do! We’re looking for the 2024 MVPs: Account Managers/CSRs. The ones who retain valuable …

Thu May 23, 2024 20:28
Plans to Spend Billions on a Flood-Prone East Texas Highway May Not Solve the Problem

LUFKIN, Texas (AP) — U.S. Highway 59, a major evacuation route from Houston, has been a problem for East Texas for decades. And as flooding rivaling that of Hurricane Harvey inundated the region in April, the highway closed in several …

Thu May 23, 2024 20:28
Texas Manufacturer to Pay $35K for Denying Job to Applicant with Opioid Use Disorder

The Modern Group, Ltd. (TMG), headquartered in Beaumont, Texas, and one of its subsidiaries, Dragon Rig Sales and Service, LLC, a manufacturing and service company which builds oilfield service equipment for energy and industrial companies, will pay $35,000 and furnish …

Thu May 23, 2024 20:28
Vermont Updates Its Captive Insurance Law Again

Vermont Governor Phil Scott has signed into law legislation updating certain sections of the state’s captive insurance statute including sections governing minimum capital requirements for agency captives and captives’ use of parametric contracts. The new law (H. 659) adds explicit …

Thu May 23, 2024 20:28

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