Hull and Co Denver

May 13, 2024Massachusetts Faces Off Against Uber, Lyft in Trial Over Status of Gig Workers
Uber Technologies and Lyft are set to face trial on Monday in a U.S. lawsuit by Massachusetts’ attorney general alleging the ride-share companies misclassified their drivers as independent contractors rather than more costly employees. The non-jury t …

May 13, 2024Iowa Woman Charged With Insurance Fraud
Sarah Rahm, age 39, of Bondurant, Iowa was charged with one count of Insurance Fraud – Presenting False Information (Class D Felony), following an investigation by the Iowa Insurance Division’s Fraud Bureau. The charges against Rahm stem from an inve …

May 13, 2024Over 700 Tornado Reports Filed in 2024, Above Historical Average – AccuWeather
Approximately 700 preliminary tornado reports have been filed so far in 2024, above the historical average for this time of year, according to AccuWeather Global Weather Center. The roughly 700 preliminary tornado reports through May 9 is above the h …

May 13, 2024Company Fined $261K After Worker Struck by Semi-Tractor-Trailer at Nebraska Grain Yard
Responding to an employer’s report that a worker needed hospitalization after being struck by a semi-tractor-trailer and suffering severe injuries at a Fremont, Nebraska grain yard, federal workplace safety inspectors identified 23 violations by the …

May 13, 2024Louisiana Court May Reopen Window for Suits by Adult Victims of Child Sex Abuse
NEW ORLEANS (AP) — Louisiana’s Supreme Court agreed Friday to reconsider its recent ruling that wiped out a state law giving adult victims of childhood sexual abuse a renewed opportunity to file damage lawsuits. The law was passed by the …

May 13, 2024Arthur J. Gallagher & Co. Acquires Iowa’s Acumen
Arthur J. Gallagher & Co. announced the acquisition of Cedar Rapids, Iowa-based Acumen Advisors, Inc. Terms of the transaction were not disclosed. Acumen is an employee benefits consultant serving small and mid-size businesses throughout Iowa. An …

May 13, 2024American Coastal Reports Profitable Q1 for This Year
SAINT PETERSBURG, Fla. (AP) — American Coastal Insurance Corp. (ACIC) on Thursday reported first-quarter earnings of $23.6 million. The Saint Petersburg, Florida-based company, the rebranding of part of now-insolvent United Property & Casualty …

May 13, 2024American Coastal to Sell Interboro to Forza Holdings, Completing Personal Lines Exit
American Coastal Insurance Corp. (ACIC) has agreed to sell its subsidiary Interboro Insurance Co., a New York domiciled insurer, to Forza Insurance Holdings, a Houston-based firm that funds insurance organizations serving coastal property owners. For …

May 13, 2024AM Best: Social Inflation Key Factor in Rise of Loss Severity
Loss severity for many U.S. casualty lines of insurance business has exceeded economic inflation over the past decade, indicating other factors are influencing claims costs for indemnity and expense payments, according to a new AM Best report. Accord …

May 13, 20244 Killed in Yet Another Wrong-Way Highway Crash in Connecticut
A driver going the wrong way on Connecticut’s Merritt Parkway crashed head-on into a minivan early Thursday, killing all four people in the vehicles and closing one side of the highway for nearly seven hours, state police said. State police …