Insurance Journal

Boeing, DOJ Tell US Judge They Have Not Reached Agreement on Revised Plea Deal

The U.S. Justice Department and Boeing told a court on Friday they have not reached agreement on a revised plea deal after a U.S. judge in December rejected the deal, faulting a diversity and inclusion provision. Boeing and the government …

Posted: Jan 06, 2025

Strate Insurance in Tennessee Merges with Main Street Insurance Group

Strate Insurance Group, a personal lines agency with offices in five Tennessee cities, is merging with Main Street Insurance Group, a 127-year-old agency with locales in North Carolina. Strate officers said in a news release that the merged firm will...

Posted: Jan 06, 2025

Strate Insurance in Tennessee Merges With Main Street Insurance Group

Strate Insurance Group is merging with Main Street Insurance Group, a 127-year-old agency with locales in North Carolina. Strate officers said in a news release that the merged firm will operate as Strate Insurance Group, a Main Street Insurance Grou...

Posted: Jan 06, 2025

State High Court Nixes Policy Cancellation Over ‘Ambiguous’ Communications

An insurer failed to properly cancel a workers’ compensation policy because its multiple notices and other conduct were not “definite, certain, and unambiguous” as to the status of the coverage. As a result, Ace America Insurance Co...

Posted: Jan 04, 2025

Colorado Governor Wants to Privatize State’s Workers’ Comp Carrier

Colorado Gov. Jared Polis wants to spin off the state’s stake in Pinnacol Assurance, privatizing the workers’ compensation carrier of last resort to help it make more money and plug government budget holes. The big idea is that pulling up...

Posted: Jan 03, 2025

Campbell Named Acting Director of Missouri Department of Commerce and Insurance

Governor Mike Parson announced that Mick Campbell will take over as the Acting Director of the Department of Commerce and Insurance (DCI) effective January 1, 2025. Campbell currently serves as the Commissioner of Finance for DCI. “We have anno...

Posted: Jan 03, 2025

Sanford Health to Pay $220K in Back Wages and Damages

The Minnesota Department of Labor and Industry (DLI) announced it has entered into a consent order with medical clinic Sanford to require that it comply with Minnesota laws that provide pregnant employees with reasonable workplace accommodations and...

Posted: Jan 03, 2025

Rescuers Describe Scene at a Hawaii Home After Deadly Fireworks Blast

Emergency crews arrived to a chaotic and gruesome scene in a Honolulu neighborhood after a large New Year’s firework tipped over after being lit and ignited a fiery, shrapnel-studded blast that killed three people and injured more than 20 other...

Posted: Jan 03, 2025

EVs, Nuclear and Forever Chemicals: Climate Predictions for 2025

From record solar installations to rising electric vehicle sales, the world is in many ways ramping up the fight against global warming. Yet there are coal-black swans waiting to disrupt the green transition this year. From the US to Japan, …

Posted: Jan 03, 2025

People Moves: Fairfax Insurance Names Young as President, Barnard as Chair; Acrisure Appoints Indust...

This edition of International People Moves details at Fairfax Insurance Group and Acrisure’s Volante. A summary of these new hires follows here. Fairfax Insurance Group Names Young as President, Barnard as Chair Fairfax Financial Holdings Ltd....

Posted: Jan 03, 2025

Uber Not Liable: Driver Was Not Logged in at Time of Accident, Florida Court Says

A Florida man may have been an occasional driver for Uber, the ride-hailing company, but he was not working at the time that he struck and killed his former girlfriend, and Uber is not liable for the wrongful death, a …

Posted: Jan 03, 2025

Europe Braces for Snow and Ice With UK Facing Amber Warnings

Northern Europe is facing freezing temperatures and snow, boosting heating demand and putting more pressure on the region’s depleting gas inventories. There are yellow weather alerts over Scotland on Friday, with the risk of blizzard conditions...

Posted: Jan 03, 2025

South Carolina Leads Country in People Moving in, U-Haul Says

U-Haul, one of the best-known providers of trucks, vans and moving supplies, also tracks where that equipment is being used. And in 2024, Southeastern states led the nation, with South Carolina ranking as the state with largest number of customers. &...

Posted: Jan 03, 2025

A $24 Billion Fund Puts Its Religious Stamp on Corporate America

Jim Lake, a devout Christian in Washington state, said his religious beliefs have always made him opposed to practices such as abortion, transgender transitions or embryonic stem cell research. But until this past year, it didn’t cross the reti...

Posted: Jan 03, 2025

First Supertanker to Be Scrapped in Two Years Is a Dark Ship

The Amor, a Cameroon-flagged vessel known to have transported Iranian oil, has become the first supertanker to be registered for demolition in more than two years, a sign that increased scrutiny on ships hauling sanctioned crude is raising pressure o...

Posted: Jan 03, 2025

New Orleans Barriers to Prevent Vehicle Attacks Were in the Process of Being Replaced

NEW ORLEANS (AP) — Seven years ago, New Orleans officials began installing adjustable barriers at intersections in the famed French Quarter to temporarily prevent vehicles from entering the tourist area where the narrow streets are typically teeming...

Posted: Jan 03, 2025

Finland Power Grid Operator Asks Court to Seize Oil Tanker Over Cable Damage

Finland’s national power grid operator said on Thursday it had asked a Helsinki court to seize the Eagle S oil tanker in a bid to secure the company’s claim for damages related to the breakdown of the undersea Estlink 2 …

Posted: Jan 03, 2025

FBI Says New Orleans, Vegas Attacks Don’t Appear Coordinated

Investigators say they haven’t found evidence linking separate deadly attacks in New Orleans and Las Vegas, as the FBI continues to probe two incidents that rattled Americans as they rang in 2025. The tragedies, which occurred just hours apart...

Posted: Jan 03, 2025

Biden to Ban More Offshore Oil Drilling Before Trump Arrives

President Joe Biden is preparing to issue a decree permanently banning new offshore oil and gas development in some US coastal waters, locking in difficult-to-revoke protections during his final weeks in the White House. Biden is set within days to &...

Posted: Jan 03, 2025

Computers of Senior US Treasury Leaders Accessed in Hack

Chinese state-sponsored hackers broke into the computers of senior US Treasury Department leaders as part of a recent breach of the agency, according to a US official and another person familiar with the matter. The hackers were able to access &#8230...

Posted: Jan 03, 2025

Bureau of Labor Releases Final 2023 Workplace Injury, Fatality Stats

Last year, there were 5,283 fatal work injuries recorded in the United States, a 3.7% decrease from 5,486 in 2022, the U.S. Bureau of Labor Statistics reported. The fatal work injury rate was 3.5 fatalities per 100,000 full-time equivalent (FTE) &#82...

Posted: Jan 03, 2025

SageSure Closes Acquisition of GeoVera Advantage Insurance Services in California

SageSure closed the acquisition of GeoVera Advantage Insurance Services LLC in Fairfield, California. The entity will now function as a newly formed managing general agent and includes the residential earthquake risk underwriting franchise. As part o...

Posted: Jan 03, 2025

Dartmouth Athletes End Unionization Bid Citing Labor Panel Shift to Republicans

The Dartmouth men’s basketball team on Tuesday dropped its attempt to unionize, abruptly ending a push to become the first college athletes to bargain for a contract in order to avoid a potentially damaging precedent from a National Labor Relat...

Posted: Jan 03, 2025

Globex International Group Announces Staff Promotion and New Additions to Global Staff

Fairfield CT, January 03, 2025 — Globex International Group, with US offices in New Jersey and Connecticut, is pleased to announce the following Globex Underwriting Services (GUS) staff promotions and new additions to its global staff. Effectiv...

Posted: Jan 03, 2025

Employer Owes Pay for Actual Time Changing, Showering— Not Its ‘Reasonable’ Estimate

A Pennsylvania battery firm has been found responsible for paying $22.25 million in backpay to workers to cover the actual time they spent changing and showering for their jobs working with hazardous materials. Their employer, East Penn Manufacturing...

Posted: Jan 02, 2025