Insurance Journal

Massachusetts Cites Burger King, Settles With Popeyes Over Labor Law Charges

Massachusetts Attorney General Andrea Joy Campbell has issued citations against Northeast Foods LLC, a company which operates Burger King franchise locations across Massachusetts, for allegedly violating various state employment laws, including child...

Posted: Dec 06, 2024

Raw Milk Recall in California Expands After Tests Detect More Bird Flu Virus

A California farm expanded a recall of raw milk sold in stores and halted production after state health and agriculture officials found bird flu virus in more milk samples. Raw Farm, of Fresno, voluntarily recalled all whole milk and cream …

Posted: Dec 06, 2024

Healthcare Staffing Agencies Denied Overtime Wages, Misclassified Employees

The U.S. Department of Labor reports it has obtained a consent judgment recovering more than $2.4 million in back wages and liquidated damages from Massachusetts and Pennsylvania healthcare staffing agencies that denied 341 employees overtime wages,...

Posted: Dec 06, 2024

Former State Employee Pleads Guilty to Insurance Fraud and Felony Theft

A former state employee in Maryland has pleaded guilty in separate cases involving insurance fraud and felony theft. According to Maryland Attorney General Anthony G. Brown, the charges against Shanell Angelia West, of Essex, Maryland, stemmed from h...

Posted: Dec 05, 2024

Summit Expands Workers’ Comp Coverage to Illinois

Summit, a regional provider of workers’ compensation insurance services, announced the expansion of its coverage into Illinois. Summit-managed carriers, Bridgefield Casualty Insurance Company®, Bridgefield Employers Insurance Company® and Bridg...

Posted: Dec 05, 2024

Strong Northern California Quake Triggered Brief Tsunami Warning

A magnitude-7.0 earthquake off the coast of Northern California triggered a brief tsunami warning across a swath of the U.S. West Coast. The tsunami threat was declared over less than an hour later even as the area experienced multiple aftershocks. &...

Posted: Dec 05, 2024

Maryland to Require Security Guard Licensing, Proof of Insurance

Starting January 1, 2025, Maryland will begin requiring businesses employing security guards or in-house loss prevention personnel to meet new licensing and certification requirements and provide proof of insurance. According to the legislation (Sena...

Posted: Dec 05, 2024

Bullets in UnitedHealthcare CEO Death Inscribed With ‘Depose,’ ‘Delay’

The words “delay” and “depose” were written on a shell casing and a live round recovered in front of the New York Hilton Midtown, where UnitedHealth Group Inc. insurance chief Brian Thompson was fatally shot on Wednesday, acco...

Posted: Dec 05, 2024

GEICO Chooses North Texas as Operation Hub for Commercial Insurance Business

GEICO announced the addition 500 new jobs in North Texas in an expansion of its commercial insurance business. Of these positions, 300 will support GEICO’s commercial operations at its Richardson office, which has been designated as a main hub...

Posted: Dec 05, 2024

UK Insurer Aviva Said to Boost Direct Line Takeover Bid to £3.4 Billion

Aviva Plc has increased its offer for Direct Line Insurance Group Plc to about £3.4 billion ($4.4 billion), days after its initial proposal to buy the UK motor insurer was rejected, people with knowledge of the matter said. London-listed Aviva &#8230...

Posted: Dec 05, 2024

People Moves: Benekiva Makes Key Leadership Appointments

Benekiva, headquartered in West De Moines, Iowa, expanded its leadership team with several new appointments. Krista Eger, vice president of product, previously served as Benekiva’s director of product. Before joining Benekiva, she served as saf...

Posted: Dec 05, 2024

Drones Offer an Unparalleled View of the Biggest Wildfire Risks

Spotting dead and downed trees that can fuel explosive fires is like searching for a needle in a haystack for forestry crews. Not so for drones, which can survey thousands of acres in a single afternoon, easily accessing landscapes that …

Posted: Dec 05, 2024

Texas DWC Seeks Public Comment on Telemedicine Rule Proposal

The Texas Department of Insurance, Division of Workers’ Compensation (DWC) is seeking public comments for a proposed rule to allow treating doctors to perform maximum medical improvement examinations by telemedicine or telehealth. DWC said the...

Posted: Dec 05, 2024

AM Best Revises Outlook to Positive for CNA

AM Best has revised the outlooks to positive from stable and affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICRs) of “a+” (Excellent) of the property/casualty (P/C) subsidi...

Posted: Dec 05, 2024

Texas Power Grid Operator Says State is Better Prepared for Extreme Cold

Texas’ grid operator warned that the state should prepare for extreme cold this winter but said the state’s main power grid is better equipped than in previous years to withstand a powerful winter storm. At a board meeting on Tuesday, &#8...

Posted: Dec 05, 2024

Texas Power Grid Operator Says State Is Better Prepared for Extreme Cold

Texas’ grid operator warned that the state should prepare for extreme cold this winter but said the state’s main power grid is better equipped than in previous years to withstand a powerful winter storm. At a board meeting on Tuesday, &#8...

Posted: Dec 05, 2024

Illinois Roofing Contractor Cited Eighth Time for Safety Violations

For the eighth time since 2020, federal workplace safety inspectors have cited a Lake Zurich, Illinois roofing contractor for exposing workers to falls from elevation, the leading cause of fatal and serious injuries among people employed in the const...

Posted: Dec 05, 2024

Ivans Index Shows Most Commercial Lines Renewal Rates Up in November

Most major commercial lines premium renewal rates were higher month over month, except general liability, which remained consistent with October and Commercial Property and Workers’ Compensation which saw a decrease, according to the November 2...

Posted: Dec 05, 2024

Investors With $9.5 Trillion Seek Mandatory Scope 3 Emissions Disclosures

An influential coalition of pension funds and insurance companies holding a combined $9.5 trillion of assets called on regulators to mandate corporate disclosures of so-called Scope 3 emissions. The Net-Zero Asset Owner Alliance said in a report publ...

Posted: Dec 05, 2024

Alabama Singer/Public Adjuster Ordered to Wear Ankle Monitor, Stay Home

Austin Tanner, a claims adjuster and aspiring country singer from Alabama, has been confined mostly to his home and must wear an ankle monitor after he violated the terms of his bail bond and traveled to the Country Music Awards …

Posted: Dec 05, 2024

As Providence Mutual Exits Auto Insurance Business, Plymouth Rock to Get Renewals

Providence Mutual recently notified state regulators that it is exiting the auto insurance business for both commercial and personal lines n the four states where it currently offers the coverages – Connecticut, Maine, New Hampshire and Rhode Island....

Posted: Dec 05, 2024

Florida Citizens Policy Count Dips Below 1 Million for First Time in Two Years

Florida’s Citizens Property Insurance Corp. has dropped below 1 million policies in force for the first time since July 2022, a milestone that officials said reflects an ongoing depopulation program and an improving market in the state. Since J...

Posted: Dec 05, 2024

Amundi Interested in Buying Allianz Global Investors

Amundi SA is interested in acquiring control of Allianz SE’s asset manager Allianz Global Investors as the French company scouts for deals amid industry consolidation, people familiar with the matter said. Europe’s biggest asset manager h...

Posted: Dec 05, 2024

Grief, Then Confusion: Questions of Motive Emerge in UnitedHealthcare CEO’s Killing

UnitedHealth Group’s investor day turned from an ordinary corporate meeting in a midtown Manhattan hotel to a scene of stunned grief quicker than the health insurer could even react. “It was mid-presentation when everyone began to get the...

Posted: Dec 05, 2024

Chinese Hackers Breached Eight US Telecom Providers, White House Says

Chinese hackers compromised eight American telecommunications companies as part of a wide-ranging espionage effort to gather intelligence about prominent US citizens, Biden administration officials said Wednesday. Anne Neuberger, deputy assistant to...

Posted: Dec 05, 2024