Insurance Journal

Grocery Store Chain Settles Suit Alleging Sexual Harassment, Disability Discrimination

Regional grocery chain Weis Markets, Inc. has settled a sexual harassment and disability discrimination lawsuit filed by the Equal Employment Opportunity Commission (EEOC) on behalf of an employee, the federal agency announced. The charges included m...

Posted: Jun 26, 2024

Florida Governor Suspends City Councilwoman Indicted on Insurance Fraud Charges

A Florida city council member has vowed to return to office after Gov. Ron DeSantis suspended her over allegations that her clinic overbilled and defrauded health insurers. The Miami Herald and multiple news outlets reported that Hialeah Councilwoman...

Posted: Jun 26, 2024

South Korea Halts Battery Maker’s Operations as It Probes Deadly Blaze

South Korean authorities ordered a halt on Wednesday to the operations of a manufacturer of lithium batteries after a fire killed 23 people, as they investigate three company officials for suspected safety violations. Monday’s fire at unlisted...

Posted: Jun 26, 2024

Specialist Risk Group Buys UK Specialist Schemes Broker, Strategic Insurance Services

Specialist Risk Group (SRG), the London-based insurance intermediary, has agreed to acquire UK specialist schemes broker, Strategic Insurance Services Ltd. (SISL), subject to regulatory approval. Financial details of the deal were not disclosed. SISL...

Posted: Jun 26, 2024

European Job Seekers Turn Away From UK After Brexit

Irish workers have been making the short trip over to the UK to find employment for centuries, escaping famine and more recently the aftermath of the financial crisis. But new data suggests that job seekers from across the Irish Sea …

Posted: Jun 26, 2024

The Rise of Strategic Cargo Theft and Steps to Prevent It

This post is part of a series sponsored by IAT Insurance Group. Cargo theft reached an all-time high last year — up 57% across North America alone.[1] Most commonly, these thefts are the result of an ongoing misdirection of attacks …

Posted: Jun 26, 2024

Apple Unfairly Fired a UK Worker Who Was Part Toxic Workplace Culture, Judge Says

Apple Inc. unfairly fired an employee for making racist comments that were part of a toxic workplace culture at one of its London stores, according to a UK court ruling. Apple’s investigation, before firing Timothy Jeffries who worked as a &#82...

Posted: Jun 26, 2024

Apple Unfairly Fired UK Worker Who Was Part Toxic Workplace Culture, Judge Says

Apple Inc. unfairly fired an employee for making racist comments that were part of a toxic workplace culture at one of its London stores, according to a UK court ruling. Apple’s investigation, before firing Timothy Jeffries who worked as a &#82...

Posted: Jun 26, 2024

Eastern Canada Wildfire Forces Evacuation of Hydro Plant Workers

A wildfire in an eastern Canadian province moved closer to a huge power plant on Tuesday, forcing the evacuation of workers from a nearby town, officials said. “So (this is) very concerning,” Newfoundland and Labrador premier Anthony Fure...

Posted: Jun 26, 2024

WHO, Scientists Call for Urgent Action on Dangerous Mpox Strain

The spread of mpox in Africa needs to be addressed urgently, the World Health Organization said on Tuesday, as scientists warned separately of a dangerous strain in the Democratic Republic of Congo. “There is a critical need to address the &#82...

Posted: Jun 26, 2024

‘Great Resignation’ Enters Third Year as Workers Embrace AI, Upskilling, PwC Says

The proportion of workers who expect to switch employers in the next 12 months is higher than that from the “Great Resignation” period of 2022, a PwC survey of the global workforce found. Around 28% of more than 56,000 workers …

Posted: Jun 26, 2024

Food Safety Regulators Expand Bird Flu Testing in Milk Products

The U.S. Food and Drug Administration has begun testing more dairy products for evidence of the bird flu virus as outbreaks spread among dairy herds across the country. More than 120 dairy herds in 12 states have tested positive for …

Posted: Jun 26, 2024

People Moves: Aon’s Mann, Trombino and Younger Join WTW Financial Institutions Team

WTW appointed three former Aon executives to roles within its financial institutions and professional services industry division, a part of Corporate Risk and Broking (CRB) North America. Heather Mann, based in Miami, joins WTW from Aon, where she sp...

Posted: Jun 26, 2024

People Moves: Aon’s Mann, Trombino and Younger Join WTW Financial Institutions Team; Former Fortitud...

WTW appointed three former Aon executives to roles within its financial institutions and professional services industry division, a part of Corporate Risk and Broking (CRB) North America. Heather Mann, based in Miami, joins WTW from Aon, where she sp...

Posted: Jun 26, 2024

GEICO Tops Progressive With Higher J.D. Power Scores

Although Berkshire Hathaway’s Warren Buffett and Ajit Jain told investors last month that GEICO is playing catch-up with Progressive to improve technology and connect rate to risk, Berkshire’s personal auto insurer still surpasses Progres...

Posted: Jun 26, 2024

CDK Tells Customers Dealer System Likely Down Until June 30

Car dealerships crippled by a cyberattack on software provider CDK Global probably won’t have their systems restored until the end of the month. In a message to clients Tuesday, CDK warned dealerships that because the outages could persist unti...

Posted: Jun 26, 2024

Report: Nearly All California Worker’s Comp IMR Filings Were Eligible for Review

Nearly all independent medical review filings were deemed eligible for review last year, slightly less than the annual percentage for those filed in 2022, according to California Division of Workers’ Compensation’s annual report on the IM...

Posted: Jun 26, 2024

Dali Cargo Ship Leaves Baltimore for Virginia, Nearly 3 Months After Bridge Collapse

The cargo ship Dali headed out of Baltimore for Virginia on Monday, nearly three months after it lost power and crashed into one of the Francis Scott Key bridge’s supporting columns and caused the bridge to collapse. The 984-foot Dali …

Posted: Jun 26, 2024

Washington Commissioner Asks Insurers to Extend Additional Living Expenses for Wildfire Victims

Washington Insurance Commissioner Mike Kreidler is asking insurers to extend the additional living expenses benefit for wildfire victims who are nearing their 12-month limit on that coverage. Many policies that include additional living expenses cove...

Posted: Jun 26, 2024

The Rest Is History: How Carriers Can Navigate Backdating Variations to Operationalize Just-In-Time...

This post is part of a series sponsored by AgentSync. One of the trickier aspects of compliance administration and producer management for carriers is maintaining producer appointments. Sure, if your carrier only works in one state, this can be a &#8...

Posted: Jun 25, 2024

People Moves: Kelly, Cochrane and Gagne Join King Insurance; Alliant Adds Wimsatt

Florida-based King Insurance Partners hired new team members at its Manchester, New Hampshire location. Kathy Kelley, commercial lines manager, has been in the insurance industry for over 25 years in the Manchester area, previously serving as partner...

Posted: Jun 25, 2024

People Moves: Sompo Taps AXA XL’s Murley as Head of UK Distribution, Insurance; Howden’s Aviation An...

This edition of International People Moves details appointments at Sompo International and Howden Broking. A summary of these new hires follows here. Sompo Taps AXA XL’s Murley as Head of UK Distribution, Insurance Sompo, the Bermuda-based prov...

Posted: Jun 25, 2024

NTSB Proposes Major Safety Changes After 2023 Ohio Train Derailment

The National Transportation Safety Board opened a meeting Tuesday to determine the probable cause of a February 2023 Norfolk Southern NSC.N train derailment in East Palestine, Ohio and is making sweeping recommendations to boost rail safety. The dera...

Posted: Jun 25, 2024

Officials Investigate Southwest Jet That Flew Low Over Oklahoma City Suburbs

DALLAS (AP) — Federal officials are investigating a Southwest Airlines jet that triggered a low-altitude alert as it prepared to land in Oklahoma City but was still nine miles from the airport. The Federal Aviation Administration said Thursday that a...

Posted: Jun 25, 2024

Velocity Risk Partners with LSU to Develop Gulf Coast Hurricane Model

Velocity HoldCo, the parent company for Velocity Risk Underwriters, announced a joint venture with Louisiana State University (LSU) on a Gulf Coast-central hurricane model. The model uses daily data to predict US hurricane seasonal activity, represen...

Posted: Jun 25, 2024