Insurance Journal

Kentucky Factory Neighbors Cite Years of Odors Before Deadly Explosion

For years, neighbors who lived near a factory in Louisville, Kentucky, complained amongst themselves and to local officials about a variety of strange smells coming from the plant, which produces colorings for food and drinks. Some described it as an...

Posted: Nov 15, 2024

Tropical Storm Sara Menaces Honduras With Catastrophic Floods

Tropical Storm Sara has formed off the coast of Honduras, threatening to unleash catastrophic flooding and landslides across Central America. Sara, the Atlantic’s 18th named storm this season, had top winds of 40 miles (64 kilometers) per hour...

Posted: Nov 15, 2024

Crisis-Era Regulation Has ‘Gone Too Far,’ Reeves Tells Finance Sector

Finance minister Rachel Reeves on Thursday promised a reboot of regulation governing Britain’s “crown jewel” financial industry which she said has shackled the City’s global prospects since the global financial crisis and stif...

Posted: Nov 15, 2024

Brazilian Court Clears Vale, BHP and Samarco of Criminal Charges in 2015 Dam Collapse

A Brazilian federal court ruled miners Vale, BHP Group and their joint venture Samarco are not criminally liable for the deadly 2015 Fundao tailings dam collapse, according to a statement from the court on Thursday. The dam collapse at an …

Posted: Nov 15, 2024

EU Readies More Sanctions on Russia’s Shadow Fleet by Year’s End

The European Union is working on a new package of sanctions aimed at targeting the shadow fleet of tankers Russia is using to get its oil to market, according to people familiar with the matter. The package, which the bloc …

Posted: Nov 15, 2024

Less Worker Deaths Investigated by Labor Department’s OSHA in FY 2024

The Occupational Safety and Health Administration said its enforcement has led to fewer workers dying. OSHA, a part of the Department of Labor, said it investigated 826 worker deaths in fiscal year 2024. This is an 11% reduction from 928 …

Posted: Nov 15, 2024

People Moves: Zurich Names Bernard Head of Industry Practices for US Middle Market; FM Promotes Hodg...

Zurich North America, headquartered in Schaumburg, Illinois, promoted Stan Bernard to head of industry practices for U.S. Middle Market. Bernard succeeds Lynn Zeitler, who is retiring in December after 31 years with Zurich. Bernard, who is based in M...

Posted: Nov 15, 2024

Ford Hit With Near-Record $165 Million Penalty on Recall Failure

Ford Motor Co. agreed to a $165 million civil penalty to settle allegations the company failed to recall cars with defective rearview cameras in a timely manner, the second-largest fine ever levied by the National Highway Traffic Safety Administratio...

Posted: Nov 15, 2024

Emerald Bay Launches Co-Op and Condo Casualty Program with Vanderbilt Properties

Underwriting carrier Emerald Bay Risk Solutions announced a partnership with Vanderbilt Properties Associates, Inc., a risk purchasing group comprising a large portfolio of high-end residential and commercial real estate properties as its members, to...

Posted: Nov 15, 2024

Judge Sets April Trial Date for Palin’s Libel Claim Against New York Times

A federal judge set an April retrial date on Tuesday for Sarah Palin’s libel case against The New York Times, even as lawyers on both sides for the first time said they hope to engage in talks to settle the …

Posted: Nov 15, 2024

US Alleges Contractor Denied Workers Wages, Threatened Deportation If They Complained

The U.S. Department of Labor (DOL) has filed suit to recover back wages, liquidated damages, punitive damages and injunctive relief from a Tonawanda, New York construction contractor that allegedly underpaid employees and tried to have employees who...

Posted: Nov 15, 2024

US Alleges Contractor Denied Workers Wages, Tried to Deport Any Who Complained

The U.S. Department of Labor (DOL) has filed suit to recover back wages, liquidated damages, punitive damages and injunctive relief from a Tonawanda, New York construction contractor that allegedly underpaid employees and tried to have employees who...

Posted: Nov 15, 2024

Washington Workers’ Comp Scam Exposed by Gym Trips

A Washington man is being charged in a felony in a $28,000 workers’ compensation scam after a trip the gym seemingly exposed him. Omid Mohammadi Dashti, 41, of Renton, was charged with one count of first-degree theft. He’s accused of &#82...

Posted: Nov 15, 2024

World’s Largest Active Volcano Mauna Loa Showed Telltale Warning Signs Before Erupting in 2022

Scientists can’t know precisely when a volcano is about to erupt, but they can sometimes pick up telltale signs. That happened two years ago with the world’s largest active volcano. About two months before Mauna Loa spewed rivers of glowi...

Posted: Nov 15, 2024

Active Volcano Mauna Loa Showed Telltale Warning Signs Before Erupting in 2022

Scientists can’t know precisely when a volcano is about to erupt, but they can sometimes pick up telltale signs. That happened two years ago with the world’s largest active volcano. About two months before Mauna Loa spewed rivers of glowi...

Posted: Nov 15, 2024

Michigan Court of Appeals Rules in Favor of Police in 2020 Custody Death Lawsuit

The Michigan Court of Appeals has ruled in favor of police and dismissed a lawsuit alleging negligence in the 2020 death of a woman who was in custody in suburban Detroit. There wasn’t enough evidence to let a jury decide …

Posted: Nov 15, 2024

Jury Awards Baltimore $266 Million in Damages After Opioid Trial

A jury has awarded the city of Baltimore $266 million in damages in its suit against pharmaceutical firms McKesson and AmerisourceBergen for their part in the city’s opioid epidemic. With the jury award, the city has notched another win for &#8...

Posted: Nov 14, 2024

Renaissance vs. ASNOA Insurance – Which Agency Network is Right for You?

This post is part of a series sponsored by Darkhorse Insurance. As an independent agent, you may find it tough to pick the right insurance agency network to join. With options like Renaissance and ASNOA Insurance, it’s hard to know …

Posted: Nov 14, 2024

World Insurance Acquires New Jersey’s United Counties Insurance

National broker World Insurance Associates reports that it acquired the business of United Counties Insurance Group of Old Bridge, New Jersey on August 1, 2024. Terms of the transaction were not disclosed. United Counties sells home, auto, business a...

Posted: Nov 14, 2024

Texas DWC Seeks Comments on Employer Forms

The Texas Department of Insurance, Division of Workers’ Compensation (DWC) is accepting public comments on revised static forms: DWC Form-005, Non-Subscriber Notice to Division of Workers’ Compensation. DWC Form-007, Employer’s Repo...

Posted: Nov 14, 2024

Rapper Nelly Has Drug, Insurance Charges Dropped Following Summer Arrest

Rapper Nelly won’t face drug charges following his arrest this summer at a St. Louis-area casino, a prosecutor said. Nelly was arrested at 4:45 a.m. Aug. 7 as he sought to collect several jackpots he won at Hollywood Casino & …

Posted: Nov 14, 2024

People Moves: FMIG Adds Grimes as Account Manager; Convr Appoints Vaglieri as COO

First Mid Insurance Group (FMIG) announced the addition of Amanda ‘Mandi’ Grimes as an Account Manager leading their FMIG Select team. In her new role, Grimes will be responsible for leading a team of account management and administrative...

Posted: Nov 14, 2024

Indiana Home Care Operator Faces $172K for Federal Wage Law Violations

The operator of an Indiana home care company may have to pay more than $172,000, including $86,000 in overtime wages, for violating federal wage laws, the Department of Labor announced. Hahn March, owner of Aging and Disabled Home Healthcare in &#823...

Posted: Nov 14, 2024

Texas Workers’ Comp is Growing, Profitable, Adding Doctors

Texas’s worker’s compensation market is stable and steadily growing. The workers’ compensation market is one of the few consistently profitable lines in the state, according to the Worker’s Compensation Annual Report 2024 from...

Posted: Nov 14, 2024

Allianz Exec Ryan to Succeed Donnell as NCCI President and CEO

The board of NCCI Holdings, Inc. elected Tracy Ryan as its new president and CEO, effective January 6, 2025. Bill Donnell, the company’s current president and CEO, is retiring in February 2025. Boca Raton, Florida-based NCCI said Ryan has more...

Posted: Nov 14, 2024