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News – Insurance Journal

Kansas Woman Says City Wants $132K After Son Topples Sculpture
A Kansas mother says an insurance company wants her family to pay $132,000 after her 5-year-old son accidentally knocked over a sculpture at a city community center. Sarah Goodman tells the Kansas City Star the incident happened last month at …

POSTED JUNE 19, 2018 6:36 AM
Missouri’s GM Peters Agency Joins Agency Partnership, CAA
Combined Agents of America (CAA) is expanding its presence in Missouri with the addition of GM Peters Agency, based in Liberty, Missouri. Current owners Shane Davolt and Peggy Marrs acquired the agency in 1999, however, GM Peters has been serving …

POSTED JUNE 19, 2018 6:34 AM
Maximum Builds Texas Property Team with Addition of Lally
Insurance wholesale broker Maximum has added Bill Lally to its property team in Texas. He will be based in Houston. With previous experience as a property broker and several years spent developing a property underwriting expertise at Axis Insurance, Lally …

POSTED JUNE 19, 2018 6:27 AM
Baseball Pitch Tracking Graphics Caught in Patent Brawl
The virtual strike zone has been a feature of televised baseball games for almost two decades. The graphical overlay shows viewers in real time whether a pitch is too high, too low, or just nicks the corner with a backdoor …

POSTED JUNE 19, 2018 5:00 AM
Fujifilm Sues Xerox for Failed Merger, Citing Lack of ‘Shareholder Democracy’
Fujifilm Holdings Corp. sued Xerox Corp. on Monday for well over $1 billion, faulting the printer and copier company for succumbing to pressure from activist investors Carl Icahn and Darwin Deason in calling off a proposed merger. In a complaint …

POSTED JUNE 19, 2018 5:00 AM
Tesla Severance Agreement Seeks Worker Safety Complaints
Language in a confidential severance agreement Tesla Inc. is using as part of the biggest job cut in its history is likely to deter dismissed employees from going public with worker safety concerns, according to employment-law experts. A proposed severance …

POSTED JUNE 19, 2018 5:00 AM
New HomeProtect Water Damage Program Reimburses Homeowners Insurance Deductible
Flo Technologies, Inc., provider of leak prevention systems to prevent water damage in homes, has launched a reimbursement program called HomeProtect that will pay back homeowners for their insurance deductibles up to $2,500 per year if their Flo-equipped home suffers …

POSTED JUNE 19, 2018 4:59 AM
North Carolina City Sued by Residents Over Hurricane Matthew Dam Repairs
Some homeowners are suing a North Carolina city to get dams that were compromised by Hurricane Matthew repaired. The Fayetteville Observer reported residents from four neighborhoods say the city should rebuild the dams even though they are privately owned. The …

POSTED JUNE 19, 2018 4:36 AM
Citizens to Implement New Lobbyist Registration System Aug. 1
Citizens Property Insurance Corp., the Florida state-run insurer of last resort, has devised a new policy requiring lobbyists seeking to lobby the insurer to register via a new online registration system. The new corporate policy comes in response to a …

POSTED JUNE 19, 2018 4:26 AM
Mississippi Highway Patrol to Pay $500K in Lawsuit Over Fatal Wreck
The Mississippi Highway Patrol is paying $500,000 in a lawsuit over a fatal wreck that happened when a state trooper was driving fast on a dark highway without his blue lights flashing. The crash happened about 1:30 a.m. on May …

POSTED JUNE 19, 2018 4:22 AM

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