Insurance Journal

1 day ago | insurancejournal.com | Juan A. Lozano

Sweltering heat more commonly seen in the throes of summer than in the spring was making an unwelcome visit this week to a large portion of the U.S. – from the Dakotas to Texas and other parts of the South – and putting millions of Americans on alert for potentially dangerous temperatures. In Austin, forecasters warned that the early heat wave could break a century-old record for May of 104 degrees Fahrenheit (40 degrees Celsius).

3 days ago | insurancejournal.com | William Rabb

Sarasota-based Centauri Specialty Insurance, now part of Arbol’s Lilypad Insurance Holdings, used non-appointed adjusters in the wake of Hurricane Ian in 2022 and has agreed to pay a $100,000 fine to Florida regulators. A market conduct examination by the Florida Office of Insurance Regulation, completed in April, found that Centauri Specialty used adjusters that were not properly appointed in 168 cases. The carrier also failed to disclose when claims payments were not made in full.

3 days ago | insurancejournal.com | Naureen Malik

PJM Interconnection LLC, the largest US electric grid serving about 20% of Americans from the Midwest to East Coast, warned that extreme heat this summer could trigger supply shortages for the first time. While PJM expects to have enough power supply to meet typical summer demand, “available generation capacity may fall short of required reserves” under severe conditions that lift demand as high as 166 gigawatts, the grid operator said Friday.

3 days ago | insurancejournal.com | William Rabb

A Sarasota County sheriff’s deputy used excessive force on a handicapped, 100-pound driver in 2020 and is not entitled to immunity from lawsuits, a federal appeals court ruled in a case that could affect officers’ insurance coverage in similar cases. In Jeremy Jones vs. David Ceinski Jr., the 11th U.S. Circuit Court of Appeals said last week that law officers are generally allowed some use of force when a motorist’s firearm is nearby.

4 days ago | insurancejournal.com | Jamie Nimmo |Eamon Farhat

London commuters face significant disruption to their journeys after a power failure knocked out parts of the capital’s underground network. Trains are delayed or not running on all or some sections of the Bakerloo, Jubilee, Piccadilly and Northern lines. The Elizabeth Line, a key link to Heathrow Airport, is facing severe delays.