Author: completebodyneeds
Michael Peck Alchemy Insurance Solutions Names Peck President, Personal Lines, West Alchemy Insurance Solutions LLC named Michael Peck president, personal lines, Western region. Peck will lead Alchemy’s underwriting strategy and growth across the Western U.S., with a focus on high net worth and excess and surplus (E&S) property programs in catastrophe-exposed markets. Peck has experience in wildfire-exposed markets across California and the Western U.S., along with experience managing complex property risk including hurricane, wind, and earthquake exposure. Alchemy Insurance Solutions is headquartered in Lancaster, Pennsylvania. Ring Joins Leavitt United Insurance Services as SVP of Employee Benefits David Ring Leavitt United…
A Florida injury attorney known for suing insurance companies in medical malpractice, wrongful death and auto claims, has been suspended from practice after he was linked to a murder-for-hire plan. Francisco Javier Gonzalez, 59, of the Orlando area, was suspended by the Florida Supreme Court last week, four months after he was charged with sending $10,000 to help his daughter allegedly hire a hitman in Los Angeles in 2021, according to news reports and court records. When Gonzalez’ daughter, Gabriela, searched the dark web internet to find a hitman for her ex-boyfriend, a singer and former boy-band member, she and…
No, Florida-domiciled property insurance carrier Security First Insurance is not going into the auto coverage business. But it is offering a small bundling discount for homeowners who go through the same insurance agent for both lines. “We heard directly from our strategic partnerships with agents that this is something they wanted,” said Wendy Maddalone, the director of communications and marketing for Ormond Beach-based Security First. The discount plan kicked in last week and is available for as many as 26,000 homeowners who buy Security First’s Premier Homeowners HO5 policies. The discount will be up to 3% on their all-other-perils premium,…
Senators Elizabeth Warren and Josh Hawley are on the wrong track and misunderstand the influences that can affect claims, the industry said. The senators have sent letters to some of the largest personal lines insurers in the U.S., asking for claims data on homeowners and auto claims, particularly those closed without payment. Warren and Hawley said they have “serious concerns,” and wondered whether consumers can trust insurance companies to “hold up their end of the bargain when disasters or emergencies occur.” Related: Warren, Hawley Press Insurers Over Closed, Unpaid Claims Warren and Hawley insinuated that recent reports on claims denials…
Starbucks has been sued by consumers who said the coffee chain falsely advertised eight protein beverages as “sugar-free” because they contain lactose, a naturally occurring sugar in milk. According to a proposed class action filed on Oct. 2, reasonable consumers would not expect the beverages to contain 13 to 21 grams of sugar per 20- or 24-ounce “venti” serving. The complaint in Seattle federal court seeks unspecified damages for false advertising and violations of various state consumer protection laws. he eight Starbucks beverages are Sugar-Free Vanilla Protein Latte, Sugar-Free Caramel Protein Latte, Sugar-Free Vanilla Protein Matcha, Sugar-Free Caramel Protein Matcha,…
In 2018, local officials in Colorado sued oil companies in state court, charging that pollution from fossil fuels contributed to global warming and harmed Coloradans through extreme summer temperatures, more frequent wildfires and higher risk of some insect-borne diseases. Their complaint did not cite potentially key scientific evidence. That’s because it didn’t exist yet. Just then gaining public recognition was a field of research known as climate attribution, looking at how global warming affects the atmosphere in specific places or during specific weather events. The field is now advanced, and climate advocates hope to harness it as legal evidence against…
US Senators Elizabeth Warren and Josh Hawley are questioning six insurers, including State Farm Mutual Automobile Insurance Co. and Allstate Corp., over concerns about a growing number of claims that are closed without payment to policyholders. Warren, a Massachusetts Democrat, and Hawley, a Missouri Republican, wrote letters to State Farm, Allstate, USAA Capital Corp., Farmers Insurance Group, Liberty Mutual Insurance Co. and American Family Mutual Insurance Co. on Oct. 2, raising concerns about an increasing share of homeowner and auto insurance claims being closed without payment. The senators asked that the insurers provide figures on unsuccessful claims for homeowners and…
Legal filings against residential rental properties in New York City grew substantially between 2021 and 2023 and then remained constant at that elevated level, according to research from Milford Street Captive Insurance. The analysis conducted by LegalClaimsAI and the NYU Furman Center also found that government-subsidized, income-restricted housing and heavily rent-stabilized buildings have “consistently faced a disproportionately higher rate of claims per unit than market-rate and other housing types.” NYU’s Furman Center and LegalClaimsAI matched a data set of 56,289 individual claims filed against New York City properties between 2021 and 2025. After matching, researchers analyzed 21,992 claims filed against…
USA Today Co., Daily Mail General and Trust Plc and a class of large publishers can seek more than $3.2 billion in damages for harm caused by monopolization of advertising technology markets by Alphabet Inc.’s Google, a New York federal judge ruled. In an opinion late Sept. 30, US District Judge P. Kevin Castel in Manhattan said he will allow jury trials to move forward on how Google’s conduct related to its AdX advertising exchange harmed major publishers. A class of about 5,000 publishers can pursue about $1.7 billion in damages from Google, he ruled, rejecting a bid by the…
The Kentucky insurance commissioner is reminding property insurers they have just three weeks to resubmit homeowner policy endorsements that comply with state law on coverage for Fortified roofs. “Upon review, several FORTIFIED endorsement filings have been found to contain language which violates KRS 304.13-346,” Commissioner Sharon Clark wrote in a bulletin posted last week. Clark explained that House Bill 256, signed into law in 2024, requires HO carriers to offer optional endorsements that will cover the cost, in claims payments, of upgrading homes to the Fortified standard developed by the Insurance Institute for Business and Home Safety. The widely recognized…
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