Insurance Journal

Jetfile announces partnership with Aviana to offer Insurance Risk Insights Solution (IRIS) to client...

IRIS leverages data and adds predictive science to mitigate risk for commercial property carriers Yorba Linda, CA; September 06, 2024—Jetfile, a leading provider of insurance management solutions, today announced a strategic partnership with Aviana t...

Posted: Sep 06, 2024

Aviana and Jetfile announces strategic partnership to offer Insurance Risk Insights Solution (IRIS)...

IRIS leverages data and adds predictive science to mitigate risk for commercial property carriers Yorba Linda, CA; September 06, 2024—Jetfile, a leading provider of insurance management solutions, today announced a strategic partnership with Aviana t...

Posted: Sep 06, 2024

Amazon Challenges Labor Board’s Structure in Lawsuit Over Union Election

Amazon.com sued a U.S. labor board on Thursday, accusing it of illegally interfering in a union election at a New York City warehouse and claiming the agency’s structure violates the U.S. Constitution. The lawsuit filed in San Antonio, Texas, f...

Posted: Sep 06, 2024

Dish Network in Talks With Investors to Settle Lawsuit

Dish Network Corp., the ailing satellite-TV provider with more than $20 billion in debt, is in talks with a group of creditors to resolve a lawsuit tied to a controversial transfer of assets. A meeting between the company and investors …

Posted: Sep 06, 2024

Hershey Attacks Lawsuits Targeting Product Packaging, Seeks to End Reese’s Case

Hershey urged a U.S. judge to dismiss a lawsuit claiming it misled consumers about several Reese’s peanut butter candies, using its request to level a broadside against what it considers baseless class action litigation over product packaging....

Posted: Sep 06, 2024

Claims From 4 Summer Weather Events in Canada Exceed Prior Year Total: IBC

Four natural catastrophes over four weeks during Canada’s summer season have resulted in about five times the amount of claims than the 20-year average, reported the Insurance Bureau of Canada. About 228,000 home, auto and business insurance cl...

Posted: Sep 06, 2024

BMW Recalling Mini Cooper SE Electric Models

German automaker BMW is recalling electric Mini Cooper SE vehicles due to problems in their batteries, which could potentially affect more than 140,000 autos worldwide, a company spokesperson told Reuters on Monday. Around 39,000 vehicles could be af...

Posted: Sep 06, 2024

Florida-based FCCI Moving Into Excess and Surplus Market Oct. 1

Sarasota-based FCCI Insurance Group will soon start writing excess and surplus lines across much of the country, the carrier announced this week. Florida, Georgia and Texas insurance agents can submit general liability and commercial excess business...

Posted: Sep 06, 2024

New Hampshire Approves 5.6% Workers’ Compensation Loss Cost Decrease for 2025

The New Hampshire Insurance Department (NHID) reports that it has approved a workers’ compensation rate proposal that will reduce voluntary loss costs by 5.6% on average. The new lower rates will apply to voluntary market policies effective on...

Posted: Sep 06, 2024

Former NFL Player’s $43.5 Million Score in Medical Malpractice Case Upheld

A Philadelphia appeals court has upheld the $43.5 award to former Philadelphia Eagles’ special teams player and captain Chris Maragos in his medical malpractice claim alleging that failed treatment of a knee injury ended his National Football L...

Posted: Sep 06, 2024

NFP Acquires Scott Litman Insurance Agency in California

NFP acquired Scott Litman Insurance Agency in Calabasas, California. Scott Litman, president of SLIA, will join NFP as a senior vice president and report to Ed Kurowski, managing director, West region P&C. SLIA offers property/casualty insurance...

Posted: Sep 06, 2024

Washington Contractor Fined for Using a Crane to Lift Workers After Elevator Breaks Down

A Seattle, Washington construction company is facing more than $150,000 in fines for putting workers at risk. Washington State Department of Labor & Industries cited and fined Lane Construction Corporation in July for workers riding a crane lift...

Posted: Sep 06, 2024

Washington Contractor Fined for Using a Crane to Lift Workers After Elevator Breaks

A Seattle, Washington construction company is facing more than $150,000 in fines for putting workers at risk. Washington State Department of Labor & Industries cited and fined Lane Construction Corporation in July for workers riding a crane lift...

Posted: Sep 06, 2024

Robinhood in $3.9M Settlement With California Over Crypto Withdrawals

A cryptocurrency platform run by Robinhood Markets will pay $3.9 million to settle claims it failed to let customers withdraw cryptocurrency from their accounts from 2018 to 2022, California Attorney General Rob Bonta said. The civil settlement with...

Posted: Sep 06, 2024

After Losing in Court, Atlantic City Casino Workers Plan Ad Blitz for Smoking Ban

A group of Atlantic City casino workers seeking to ban smoking in the gambling halls will launch an advertising campaign featuring their children in response to a judge’s rejection of a lawsuit that would have ended smoking in the nine …

Posted: Sep 06, 2024

AGs Sue 3 Gun Shops Over Alleged ‘Straw Purchases’ of Weapons Trafficked Into DC

Three gun shops that sold nearly three dozen firearms to a man who trafficked the weapons in and around Washington, D.C., are facing a new lawsuit jointly filed Tuesday by attorneys general for Maryland and the nation’s capital. At least &#8230...

Posted: Sep 06, 2024

Harnessing AI OCR Technology for Efficient Data Extraction

This post is part of a series sponsored by Selectsys. In today’s digital age, data is the lifeblood of the insurance industry. Accurate and efficient data extraction is crucial for streamlining operations, reducing errors, and enhancing decisio...

Posted: Sep 05, 2024

New York Regulator Orders Taxi Insurer to Weigh Sale After Losses

New York’s insurance regulator issued a damning report laying out the severely flawed financial condition of New York’s largest insurer of taxis and for-hire vehicles, as well as dozens of potential financial improprieties and accounting...

Posted: Sep 05, 2024

Indiana Steel Mill to Pay $248K Over Clean Air Act Violations

The U.S. Environmental Protection Agency announced a settlement with Cleveland Cliffs Burns Harbor LLC in Burns Harbor, Indiana, for alleged Clean Air Act violations that occurred while the facility was operating as ArcelorMittal Burns Harbor LLC. Un...

Posted: Sep 05, 2024

People Moves: Stephens Insurance Adds Scott Miller to Arkansas Office

Stephens Insurance, LLC, an affiliate of Stephens Inc., announced Scott Miller will join the firm as a senior vice president within the Property & Casualty practice. He brings more than 25 years of experience in the insurance industry, serving cl...

Posted: Sep 05, 2024

Texas Faces Need for Hundreds of Thousands of Homes to Address Housing Shortage

If Texas wants to rein in its high housing costs, it needs more homes, Texas Comptroller Glenn Hegar’s office said Tuesday — the latest sign that the state’s high home prices and rents have become a growing concern for the …

Posted: Sep 05, 2024

Bishop Street Underwriters Acquires Michigan’s Conifer

Bishop Street Underwriters, a multi-boutique insurance platform owned by RedBird Capital Partners, announced it has acquired Conifer Insurance Services a specialty commercial managing general agency from Conifer Holdings, Inc. The acquisition of Coni...

Posted: Sep 05, 2024

Bishop Street Enters Commercial Lines With Acquisition of MGA Conifer

Bishop Street Underwriters, a multi-boutique insurance platform owned by RedBird Capital Partners, announced it has acquired Conifer Insurance Services a specialty commercial managing general agency from Conifer Holdings, Inc. The acquisition of Coni...

Posted: Sep 05, 2024

Crews Slow Progress of Sierra Wildfire, But Evacuations Orders Remain

Firefighters battling a California wildfire that has burned through more than 5 square miles of the high Sierra made significant progress slowing its growth on Wednesday, but hundreds of residents whose homes are threatened remained under evacuation...

Posted: Sep 05, 2024

Burglary Ring Accused of Targeting Rural Pharmacies in Iowa and Nebraska

OMAHA, Neb. (AP) — Five members of an alleged burglary ring are facing federal charges for break-ins that targeted rural pharmacies in western Iowa and western Nebraska in 2022 and 2023, authorities announced Thursday. The Omaha, Nebraska, field divi...

Posted: Sep 05, 2024