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HENDERSONVILLE, N.C. (WLOS) — A Hendersonville man is facing two charges related to embezzling thousands of dollars from a bail bond vendor in Western North Carolina and then converting hundred of dollars more from a bond vendor in Mount Pleasan...
01/15/2026 12:02 PM
Lexon moves to enforce indemnity, collateral and access rights on bond dispute
Lexon Insurance is chasing not less than $2.6 million from an Oregon contractor group after a fire district construction project dispute.
On January 6, 2026, Lexon Insurance Company filed a verified action in the Unit...
01/14/2026 12:10 PM
Claims adjusting employment fell by 2,500 jobs from October to November, the steepest decline among insurance segments tracked by the US Bureau of Labor Statistics.
Other insurance categories also reported job reductions over the same period, based on the BLS’ unadjusted industry segment data. Direct...
01/13/2026 12:43 PM
In separate reports last week, AM Best and Morgan Stanley analyzed P/C insurance industry expense ratios, with one reporting a 2.4-point drop over the past decade and the other projecting another potential 2.0-point decline by 2030.
While both reports highlight the impact of AI and automation in driv...
01/12/2026 12:33 PM
In VanMar Constructors ON 1028 Inc. v Travelers Insurance Company of Canada, 2025 ONSC 6959, the Ontario Superior Court found that a performance bond action by a contractor was commenced after expiry of the bond limitation period, and dismissed the action. While the facts were straightforward, the c...
01/09/2026 01:49 PM