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News – Insurance Journal
Berkshire Hathaway to Tender Stake in Italy’s Cattolica Under Generali Takeover Offer
MILAN – Warren Buffett’s Berkshire Hathaway has tendered its stake in Cattolica under a takeover offer by Assicurazioni Generali, a source close to the situation said on Friday. The move brings Italy’s top insurer a step closer to controlling its …
POSTED OCTOBER 22, 2021 7:52 PM |
Oregon Agency Inadvertently Releases Employees Vaccine Status
Oregon’s central administrative agency inadvertently released the COVID-19 vaccination status of more than 40,000 state employees to two media outlets. The Oregonian/OregonLive reported a spreadsheet sent to them and the Statesman Journal was supposed to contain the latest vaccination rates …
POSTED OCTOBER 22, 2021 7:36 PM |
Arizona Restaurateur Whose Business Was Raided by Sheriff Gets $5M
Maricopa County, Ariz., officials approved a settlement this week with a restaurant owner in metro Phoenix who claimed in a lawsuit that then-Sheriff Joe Arpaio’s office had defamed him and violated his rights about seven years ago when investigating whether …
POSTED OCTOBER 22, 2021 7:33 PM |
North Dakota Aerospace School Halts Flights After Student Dies in Crash
The University of North Dakota’s aerospace school has cancelled all flight activities after a student pilot from Chicago died in a plane crash. The University of North Dakota plane went down about 8:30 p.m. on Oct. 18 in a field …
POSTED OCTOBER 22, 2021 4:55 PM |
Louisiana Mayor: 300-400 Buildings Condemned From Hurricane Laura Damage
A Louisiana mayor says 300 to 400 commercial buildings damaged last year by Hurricane Laura are being condemned or marked for demolition. Lake Charles Mayor Nic Hunter told the City Council on Wednesday that he realizes business owners have needed …
POSTED OCTOBER 22, 2021 4:41 PM |
Texas Regulators OK Rule Requiring Power Companies to Better Prepare for Winter
Texas utility regulators on Oct. 21 approved a rule requiring power companies to better prepare for winter weather — based on recommendations that were made, but never acted upon, a decade ago by experts and federal regulators after a 2011 …
POSTED OCTOBER 22, 2021 4:20 PM |
Missouri Officials: Teacher Information Data Breach to Cost $50M Outline
Help for roughly 100,000 teachers whose Social Security numbers were made vulnerable in a massive state data breach could cost Missouri as much as $50 million, the governor’s office confirmed. The estimate includes the cost of credit monitoring and a …
POSTED OCTOBER 22, 2021 4:06 PM |
Parents of Unrestrained Girl Killed on Ride Sue Colorado Theme Park
On her family’s first trip since the pandemic began, 6-year-old Wongel Estifanos got on a vertical drop ride at a Colorado amusement park with her uncle, aunt and cousins last month. When the floor pulled away from beneath them, everyone …
POSTED OCTOBER 22, 2021 2:42 PM |
Climate Change Makes Drought Recovery Tougher in Western U.S.
Californians rejoiced this week when big drops of water started falling from the sky for the first time in any measurable way since the spring, an annual soaking that heralds the start of the rainy season following some of the …
POSTED OCTOBER 22, 2021 2:37 PM |
The Liberty Company Insurance Brokers Forms MGA Aura Risk in California
The Liberty Company Insurance Brokers formed a new managing general agency, Aura Risk Management, providing program administration and a wholesale trading platform for its carriers, Liberty producers, and Aura’s growing national network of select agencies. San Clemente, Calif.-based Aura Risk …
POSTED OCTOBER 22, 2021 2:33 PM |
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