Business Insurance
The Texas Supreme Court dismissed an air ambulance company’s argument that the state had no authority to regulate its fees because its power was preempted by the federal law.
Posted: Jun 29, 2020
Brit Global Specialty USA, a unit of Brit Ltd., will transfer the renewal rights for its cargo business to Falvey Cargo Underwriting effective July 2.
Posted: Jun 29, 2020
Las Vegas Culinary Workers Union Local 226 on Monday announced it is suing several employers on the Las Vegas strip over unsafe working conditions during the coronavirus pandemic.
Posted: Jun 29, 2020
AssuredPartners Inc. said Monday it has acquired WTPhelan & Co. Insurance Agency Inc. of Cambridge, Massachusetts — the 20th acquisition of 2020 for the Lake Mary, Florida-based broker.
Posted: Jun 29, 2020
BB&T Insurance Holdings Inc., a subsidiary of Truist Bank, said Monday that it is now doing business as Truist Insurance Holdings Inc.
Posted: Jun 29, 2020
The California Senate has passed legislation to require critical workers who contract COVID-19 to exhaust pandemic-specific paid sick leave benefits or compensated leaves of absence before receiving temporary disability benefits.
Posted: Jun 29, 2020
Pilots and test crew members from the U.S. Federal Aviation Administration and Boeing Co. are slated to begin a three-day certification test campaign for the 737 MAX on Monday, people familiar with the matter told Reuters.
Posted: Jun 29, 2020
It’s no mystery that traditional Sherlock Holmes was a meanie. That’s according to the late British author Arthur Conan Doyle’s estate, which is now suing Netflix and other producers over the upcoming film “Enola Holmes,” which depicts the famous Lon...
Posted: Jun 29, 2020
Workplace safety data needs to be collected and disseminated much faster in Oregon, according to a study released Thursday.
Posted: Jun 29, 2020
The workers compensation system could see a 20% decrease in new injury claims this year due to the coronavirus pandemic, according to a survey released Monday by Skaneateles, New York-based Health Strategy Associates LLC.
Posted: Jun 29, 2020
The U.S. Supreme Court on Monday handed President Donald Trump more authority over a federal agency charged with protecting consumers in the financial sector, empowering him to fire its director at will and ruling that the structure it was given by C...
Posted: Jun 29, 2020
QBE Insurance Group Ltd. has reportedly cancelled all insurance covers for suppliers of Australian department store chains Myer Pty Ltd. and David Jones Pty Ltd., citing high risks due to existing market conditions.
Posted: Jun 29, 2020
The coronavirus pandemic has aggravated problems for Japanese carmakers in South Korea, already suffering from the long-running trade tensions between Japan and South Korea.
Posted: Jun 29, 2020
Zurich Insurance Group Ltd. plans to establish a Shariah general insurance company in Indonesia by converting PT Zurich Insurance Indonesia into a takaful operation.
Posted: Jun 29, 2020
U.S.-based insurance broker Guy Carpenter & Co. LLC expects $100 billion to $160 billion in losses for the insurance and reinsurance market due to the COVID-19 pandemic and other catastrophic events in 2020.
Posted: Jun 29, 2020
Russian aerial forest fire management agency Avialesookhrana has said that forest fires in Siberia have increased by almost five times over the past week due to a prolonged Arctic heat wave.
Posted: Jun 29, 2020
A survey by consultant PricewaterhouseCoopers Romania has found that about 36% of the Romanian subsidiaries of multinational companies do not expect their parent firms to cover COVID-19-related expenses.
Posted: Jun 29, 2020
Gross written premiums rose 17.34% year-over-year to 211.10 million Georgian lari ($80.58 million) in Georgia in the first quarter.
Posted: Jun 29, 2020
A federal appeals court reinstated $85.1 million out of a $347.9 million award against rehabilitation firms in a case brought by a whistleblower that charged violations of the False Claims Act with respect to Medicare and Medicaid claims.
Posted: Jun 26, 2020
Injured Workers Pharmacy will pay $11 million to settle allegations leveled by the Massachusetts Attorney General that the pharmacy failed to implement safeguards against unlawful drug dispensing.
Posted: Jun 26, 2020
The mother of a boy who died while illegally working at a farm failed to show that the farm owner’s actions were so egregious as to fall within an exception of the Workers Compensation Act.
Posted: Jun 26, 2020
In a ruling that follows more than 10 years of litigation between a wood recycling plant and its neighbors, a federal appeals court affirmed a lower court and held an insurer is not obligated to provide coverage to the plant’s owner because of policy...
Posted: Jun 26, 2020
Technology firm AltumAI released an app to help employers mitigate the risks of worker COVID-19 exposure, the Chicago-based company announced Wednesday.
Posted: Jun 26, 2020
Virginia employers will soon face fines for failing to comply with guidelines to protect workers from COVID-19 after the state’s Safety and Health Codes Board voted Wednesday to create an emergency temporary standard.
Posted: Jun 26, 2020
Employees working from home amid the COVID-19 pandemic reported they are spending an average of $182 more on groceries per month, according to poll results released by CreditCards.com this month.
Posted: Jun 26, 2020