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News Archives - Insurance Journal

Policies’ Arbitration, AOB Endorsements are Unconstitutional, Florida Lawsuit Claims
Recent moves by two Florida insurers to limit litigation and restoration expenses – and regulators’ approval of those policy endorsements – have met with a constitutional challenge from contractors. One Florida law professor said the suit is likely to see …

POSTED MAY 19, 2022 2:09 PM
Oregon Officials Warn of Difficult Wildfire Season
Oregon remains poised to see a potentially “challenging” wildfire season this summer, despite a wet and cool spring in much of western Oregon, one of the state’s top fire watchers said Monday. The rain and snow have helped to push …

POSTED MAY 19, 2022 2:03 PM
U.S. Pedestrian Fatalities Projected to Reach Highest Level in 40 Years
Twenty people per day were hit and killed by drivers last year, according to an analysis by the Governors Highway Safety Association (GHSA). Using the latest data available to project the number of pedestrian deaths in each state and nationwide, …

POSTED MAY 19, 2022 1:36 PM
Tesla Cut From S&P 500 ESG Index, and Elon Musk Tweets His Fury
An S&P Dow Jones Indices executive told Reuters on Wednesday it has removed electric carmaker Tesla Inc. from the widely followed S&P 500 ESG Index because of issues including claims of racial discrimination and crashes linked to its autopilot vehicles, …

POSTED MAY 19, 2022 12:56 PM
New Jersey Trampoline Park Can’t Enforce Arbitration Clause Against Minor Who Lied
A New Jersey company cannot enforce an arbitration provision in an agreement signed by a 15-year-old minor who misrepresented his age to gain access to its commercial trampoline park. The Superior Court of New Jersey Appellate Division held that the …

POSTED MAY 19, 2022 12:21 PM
Ford Recalls 39,000 U.S. SUVs After Engine Fire Reports
Ford Motor Company said Thursday it was recalling 39,000 SUVs after reports of 16 fires, and has advised owners to park their vehicles outdoors and away from structures until a fix is completed. The recall, which covers some 2021 model …

POSTED MAY 19, 2022 12:03 PM
Delaware Governor Signs Paid Family, Medical Leave Law
Delaware Governor John Carney has signed legislation creating a statewide paid family and medical leave insurance program. Under the new law, eligible Delaware workers can get up to 12 weeks of paid leave to address a worker’s own or family …

POSTED MAY 19, 2022 11:47 AM
Investigation Underway Into Massachusetts Apartment Building Fire That Took 4 Lives
WORCESTER, Mass. (AP) —The number of people who died in a fire at a Massachusetts apartment building last weekend has climbed to four with the discovery of two more bodies on Monday, fire officials said. The search of the three-story, …

POSTED MAY 19, 2022 11:35 AM
Rhode Island Lawmakers Revise Recreational Marijuana Bill Ahead of Next Week’s Votes
Rhode Island lawmakers unveiled changes Tuesday to a bill to legalize and regulate recreational marijuana, revisions that aim to ensure the legislation passes the state’s General Assembly. The amended bill was released Tuesday in advance of committee votes scheduled for …

POSTED MAY 19, 2022 11:32 AM
Global Broking Network Brokerslink Adds First Tech Firms as Members
Brokerslink has added six technology firms as members – the first non-broking or risk consulting firms to join the global network since its creation in 2004. These “B.tech affiliates” signal the network’s intent to enter a new era of digitalization, …

POSTED MAY 19, 2022 10:13 AM

NOTICE: The links and articles found on or within this news center are simply for informational purposes that we believe may be of benefit to our clients and/or website visitors. By providing these links on our website, we are not recommending or endorsing the use of the particular products or services these third parties offer. Nor does FTS Life Insurance Agency, Inc. confirm, corroborate or agree to the statistics or opinions on these links and articles. We urge you to review each website’s Privacy Policy, Disclaimers, and develop an independent opinion of the service or product for any link pursued.

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