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Home > News Feeds - Carpenter & Company

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News Archives - Insurance Journal

Tesla Is Sued by Survivor of Deadly Cybertruck Crash
Tesla Inc. was sued by the sole survivor of a 2024 Cybertruck crash in California that killed three college students who were unable to escape the burning vehicle, the latest in a growing body of litigation faulting the automaker’s electrically …

POSTED MARCH 19, 2026 5:11 AM
Florida’s Home Hardening Grant Plan is Massive, Popular—and Broken, Critics Say
Florida’s $833 million My Safe Florida Home mitigation program is as popular as ever, providing grants for homeowners to harden their homes and install new roofs. But it’s wasteful, is a tax-dollar giveaway, and has some glaring issues that do …

POSTED MARCH 19, 2026 5:01 AM
Arizona Cardiology Group Paying $4.75M Over Unnecessary Vein Procedure Allegations
A cardiology business and three physicians in Arizona were ordered to pay $4.75 million to resolve allegations they performed medically unnecessary vein ablations. Tri-City Cardiology, P.C., a physician group based in the metro area of Phoenix, and three physicians, are …

POSTED MARCH 19, 2026 5:00 AM
Does Workers’ Compensation Cover Injury Caused by Performing a ‘Common Courtesy’?
An employee has been awarded workers’ compensation benefits after being injured when performing a “common courtesy” even though her employer maintains what she did was outside the course and scope of her employment. The Virginia Workers’ Compensation Commission (VWCC) has …

POSTED MARCH 19, 2026 5:00 AM
California Weighs Crackdown on Social Media for Kids Under 16
The home of the world’s highest-flying social media companies is considering a measure to clip their wings. A bipartisan bill in California would establish a minimum age requirement for social media accounts, curtailing the access of minors to platforms such …

POSTED MARCH 19, 2026 5:00 AM
Viewpoint: AI Paradox in Cyber Insurance—When Fear Drives Markets More Than Reality
The cyber insurance market is experiencing a fascinating paradox. Small business owners are increasingly worried about AI. So much so that artificial intelligence has become the second biggest reason they’re buying cyber insurance. Yet these concerns aren’t actually shaking up …

POSTED MARCH 18, 2026 8:37 PM
No Sprinklers in TN Explosives Plant Building Where Blast Killed 16, Investigators Say
A building where explosives were manufactured in Tennessee was not outfitted with a sprinkler system or fire protection system before a massive explosion killed 16 workers in October, the U.S. Chemical Safety Board said this week. It’s not clear if …

POSTED MARCH 18, 2026 4:56 PM
AM Best Withdraws Credit Ratings of Texas’ Cadence Indemnity
AM Best has downgraded the Financial Strength Rating to B- (Fair) from B++ (Good) and the Long-Term Issuer Credit Rating to “bb-” (Fair) from “bbb+” (Good) of Texas-domiciled Cadence Indemnity Inc, a single parent captive of The Sullivan Brothers Family …

POSTED MARCH 18, 2026 4:46 PM
Iran War Could Raise Exposures for Global Terrorism, Political Violence Underwriters
The Iran war is likely to raise uncertainty in the global terrorism and political violence insurance markets, particularly in the United States and Europe, according to credit ratings agency Morningstar DBRS, in a commentary on the war. While the insurance …

POSTED MARCH 18, 2026 4:42 PM
People Moves: Clyde & Co Tabs Mortimer to Lead Indiana Office; Old Republic Announces Senior Management Changes at BITCO
Global law firm Clyde & Co has announced the opening of a new office in Highland, Indiana, expanding its US footprint and further strengthening its North American trial and defense practice. The new office will be led by Renee Mortimer, …

POSTED MARCH 18, 2026 4:33 PM

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8301 State Line Road
Kansas City, MO 64114

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