Insurance Journal

3 Plead Guilty to Insurance Fraud After Washington Insurance Commissioner Investigations

Three suspects pleaded guilty to insurance fraud in May and June after investigations by Washington Insurance Commissioner Mike Kreidler’s Criminal Investigations Unit. The fraud cases included a suspect from Qatar who had been on a most wanted...

Posted: Aug 06, 2024

People Moves: BenefitMall Names Bishop Sales Executive in California; Woodruff Sawyer Adds Modesto T...

BenefitMall Appoints Bishop Benefits Sales Executive for Southern California BenefitMall hired Crystal Bishop as a benefits sales executive for Southern California. Bishop has more than 20 years of experience in the insurance industry. She most recen...

Posted: Aug 06, 2024

Pennsylvania Supreme Court to Review Stabbing Death Ruled Homicide Then Suicide

The Pennsylvania Supreme Court has agreed to hear an appeal from the family of a Philadelphia woman whose 2011 stabbing death was initially ruled a homicide before the medical examiner switched it to suicide after police objected. First-grade teacher...

Posted: Aug 06, 2024

AM Best Places Credit Ratings of Connecticut Attorneys Title Insurance Under Review

AM Best reports that it has placed under review with developing implications the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Rating of “bbb” (Good) of Connecticut Attorneys Title Insurance Co. (CATIC) of Essex...

Posted: Aug 06, 2024

Defining Your Risk When Considering a Wrap-Up – Part 1

This post is part of a series sponsored by TSIB. A Wrap-Up is an incredible tool that manages the risk presented by a construction project. This tool also returns a significant part of the project cost back to your bottom …

Posted: Aug 05, 2024

CarShield to Pay $10M Settlement Over Deceptive Advertising Charges

CarShield will pay $10 million to settle charges that its advertisements and telemarketing for its extended auto warranty plans are deceptive and misleading, the Federal Trade Commission said. Many customers found that repair claims were often not co...

Posted: Aug 05, 2024

Charter Bus Carrying Baseball Team Catches Fire in Iowa; No One Hurt

A charter bus caught fire early Friday as it was transporting a professional baseball team from Iowa to a game in a Chicago suburb. Members of the Sioux City Explorers made it off the bus safely, although several lost their …

Posted: Aug 05, 2024

People Moves: Powers Insurance & Risk Management Adds Gaglioti and Hester; GuideOne Insurance Names...

Powers Insurance & Risk Management Adds Gaglioti and Hester Powers Insurance & Risk Management, headquartered in St. Louis, hired Brittany Gaglioti as a commercial account manager and Contina Hester as a personal lines marketer. Gaglioti over...

Posted: Aug 05, 2024

Tulsa Commission to Study Reparations for 1921 Race Massacre Victims and Descendants

OKLAHOMA CITY (AP) — Tulsa officials announced the creation of a new commission to recommend how reparations can be made for a 1921 massacre that destroyed a thriving Black community in the city. The panel will review a 2023 report …

Posted: Aug 05, 2024

Push for Flood Mitigation Draws Concerns Over Impact in Mississippi and Louisiana

JACKSON, Miss. (AP) — Flooding left squishy, stinky messes in hundreds of homes in Mississippi’s capital city in 2020 — a recurring problem when heavy rains push the Pearl River over its banks. The U.S. Army Corps of Engineers says …

Posted: Aug 05, 2024

Texas Carbon Monoxide Poisonings Spike After Hurricane Beryl

Texas lawmakers nearly three years ago promised changes to prevent the devastation from a deadly winter storm from happening again. But the damage caused by Hurricane Beryl last month shows that much remains the same, particularly when it comes to &#...

Posted: Aug 05, 2024

US Justice Dept. Launches Whistleblower Program Aimed at Corporate Crime

The U.S. Justice Department on Aug. 1 debuted its first-ever whistleblower program offering monetary awards to tipsters who report certain types of corporate misconduct, an effort designed to ratchet up the pressure on companies who face allegations...

Posted: Aug 05, 2024

Justice Deptartment Launches Whistleblower Program Aimed at Corporate Crime

The U.S. Justice Department on Aug. 1 debuted its first-ever whistleblower program offering monetary awards to tipsters who report certain types of corporate misconduct, an effort designed to ratchet up the pressure on companies who face allegations...

Posted: Aug 05, 2024

Authorities Investigating After Worker Killed at Tampa Airport by Falling Equipment

A worker who was fatally injured at Tampa International Airport last week was struck by a piece of heavy equipment that fell from a track, according to news reports. Authorities said Cesar Hernandez Donu, 29, of Seffner, Florida, was working …

Posted: Aug 05, 2024

Containment Increased on Massive Wildfire, 640 Structures Destroyed

Firefighters have increased containment on the 627-square-mile Park Fire near Chico, California, which is now 34% contained. The fire, now the fourth largest wildfire in history, is 401,740 acres. It was 24% contained on Friday. It has destroyed 640...

Posted: Aug 05, 2024

Deputy ID’d in Florida Shooting That Killed One, Injured 2 Other Officers

Authorities have released the name of a Florida sheriff’s deputy killed in what officials called an ambush shooting that wounded two other deputies as they tried to reach him after all responded to a disturbance in a home. Master Deputy …

Posted: Aug 05, 2024

A Gas Carrier Faking Its Location Helps Russia Avoid Sanctions

A liquefied natural gas tanker that’s docked at a sanctioned Russian gas facility has no known insurer, is managed by a little-known Indian company and is pretending to be somewhere else. Samir Madani, co-founder of TankerTrackers.com, identifi...

Posted: Aug 05, 2024

Hurricane Slams Florida After Gaining Fury in Warm Waters

Hurricane Debby slammed into Florida southeast of Tallahassee as a Category 1 storm after intensifying over warm waters, the latest evidence that this will be a robust season for tropical cyclones. The storm’s top winds reached 80 miles (130 ki...

Posted: Aug 05, 2024

CrowdStrike Rejects Delta Air Lines Claims Over Flight Woes

CrowdStrike on Sunday rejected a claim by Delta Air Lines that it should be blamed for flight disruptions following a July 19 global outage sparked by a faulty update, and suggested it had minimal potential liability. Delta CEO Ed Bastian …

Posted: Aug 05, 2024

Pennsylvania Says U.S. Deal With Norfolk Southern Falls Short for Pennsylvanians

Pennsylvania officials contend that a $310 million federal government settlement reached with Norfolk Southern Railway Co. over the 2023 train derailment in East Palestine, Ohio does not adequately meet the needs of Pennsylvanians affected by the tra...

Posted: Aug 05, 2024

Pennsylvania Says U.S. Deal With Norfolk Southern Falls Short

Pennsylvania officials contend that a $310 million federal government settlement reached with Norfolk Southern Railway Co. over the 2023 train derailment in East Palestine, Ohio does not adequately meet the needs of Pennsylvanians affected by the tra...

Posted: Aug 05, 2024

People Moves: QBE Promotes Desch as German General Mgr; Trium Syndicate Taps TMK’s Metsanvirta as Ac...

This edition of International People Moves details appointments at QBE Europe, Trium Syndicate, and Markel in Singapore and Hong Kong. A summary of these new hires follows here. QBE Promotes Desch as German General Manager QBE has named Fabian Desch...

Posted: Aug 05, 2024

Transit Driver Disabled Due to Overheated Cab Can Keep His $11.6 Million Award

A New Jersey Transit driver who suffered career-ending injuries from overheating after he was ordered to operate a train even though his cab’s temperature was 114 degrees can keep his $11.6 million jury award. Over objections by New Jersey Tran...

Posted: Aug 05, 2024

How Iran Oil Link Could Complicate Insurance Claims After Tankers Collide Off Singapore

A collision between two tankers off Singapore in July raises questions over insurance claims, as one of the vessels previously shipped Iranian oil, potentially complicating payments due to Western sanctions, ship-trackers and industry sources say. Wh...

Posted: Aug 05, 2024

Empowering Insurance Wholesalers: The Dyad Advantage

This post is part of a series sponsored by Dyad. Wholesalers are a bridge between retail agents/brokers and the markets that provide the specialized coverages that retailers need for their most challenging risks. Their success hinges on two crucial f...

Posted: Aug 05, 2024