Insurance Journal

White House to Support New US Nuclear Power Plants

The White House on Wednesday planned to announce new measures to support the development of new U.S. nuclear power plants, a large potential source of carbon-free electricity the government says is needed to combat climate change. The suite of action...

Posted: May 30, 2024

Is Trampoline Job Landscape Work? AI Says Yes. 11th Circuit Says It’s Not Covered

Is the installation of an in-ground trampoline considered landscaping work, covered by a landscaper’s liability insurance policy? Artificial intelligence programs suggest that it is. But human judges with the 11th U.S. Circuit Court of Appeals...

Posted: May 30, 2024

Is Trampoline Job Landscape Work? A.I. Says Yes. 11th Circuit Says it’s Not Covered

Is the installation of an in-ground trampoline considered landscaping work, covered by a landscaper’s liability insurance policy? Artificial intelligence programs suggest that it is. But human judges with the 11th U.S. Circuit Court of Appeals...

Posted: May 30, 2024

Is Trampoline Job Landscape Work? A.I. Says Yes. 11th Circuit Says It’s Not Covered

Is the installation of an in-ground trampoline considered landscaping work, covered by a landscaper’s liability insurance policy? Artificial intelligence programs suggest that it is. But human judges with the 11th U.S. Circuit Court of Appeals...

Posted: May 30, 2024

Virginia Tech Firm Settles Allegations Over Whites-Only Job Listing

A northern Virginia tech company is paying $38,500 to settle claims that it discriminated by posting a job listing seeking white, U.S.-born candidates for an opening as a business analyst. The Justice Department announced Thursday that it had reached...

Posted: May 30, 2024

Disaster Aid Approved for April Snowstorm’s Millions in Damages in Maine

A powerful late-season snowstorm that caused millions of dollars in damage in Maine was a major disaster, the federal government has declared. The disaster declaration by President Joe Biden will help clear the way for funding to help rebuild. The &#...

Posted: May 30, 2024

AccuWeather: Intense Heat Baking Mexico to Shift into Western U.S.

The heat dome that led to record-high temperatures in Mexico is forecast to expand northward and bring higher temperatures to parts of the Western U.S., according to AccuWeather. Meteorologists say 82% of Mexico was experiencing conditions ranging fr...

Posted: May 30, 2024

Washington Premium Change Transparency Rule Kicks in June 1

Insurance will be required tell policyholders why their premiums have gone up staring June 1. A new rule by Washington state Insurance Commissioner Mike Kreidler first requires insurers to provide an answer on why premiums have gone up, and in &#8230...

Posted: May 30, 2024

New Language in California Budget Seeks to Expedite Insurance Rate Filing Approvals

Insurers are praising new trailer bill language in the California budget that promises to expedite the home and auto insurance rate filing approval process. California Gov. Gavin Newsom first made the proposal to speed up the rate filing process whil...

Posted: May 29, 2024

Chicago Man Convicted of Murder Based on Blind Witness’ Testimony Sues City, Police

CHICAGO (AP) — A Chicago man convicted of murder based in part on testimony from a legally blind eyewitness is suing the city and the police department. A judge convicted Darien Harris in 2014 in connection with a fatal shooting …

Posted: May 29, 2024

Relation Insurance Services Acquires Oklahoma’s First Insurance

Relation Insurance Services acquired the assets of First Insurance an Affiliate of FirstBank, Inc. The transaction went into effect on April 1, 2024; terms of the transaction were not disclosed. First Insurance, based in Durant, Oklahoma, offers comm...

Posted: May 29, 2024

Developing with a Wrap-Up

This post is part of a series sponsored by TSIB. Construction projects present unique risks and complexities that are a distinct departure from your overall insurance needs as a real estate developer. Whether the project is office, commercial, indust...

Posted: May 29, 2024

Nicotine-Like Chemicals in US Vapes May Be More Potent Than Nicotine, FDA Says

Nicotine alternatives used in vapes being launched in the U.S. and abroad, such as 6-methyl nicotine, may be more potent and addictive than nicotine itself, though the scientific data remains incomplete, according to the U.S. Food and Drug Administra...

Posted: May 29, 2024

More Than 5 Million Texans Live in Flood-Prone Areas According to State Flood Plan

More than 5 million Texans, or one in six people in the state, live or work in an area susceptible to flooding, according to a draft of the state’s first-ever flood plan. The plan by the Texas Water Development Board …

Posted: May 29, 2024

Indiana-Based RV Manufacturer to Pay $95K in EEOC Disability Suit

Goshen, Indiana-based Keystone RV Company, a leading manufacturer of towable RVs, will pay $95,460 and furnish other relief to settle a disability discrimination suit filed by the U.S. Equal Employment Opportunity Commission (EEOC), the federal agenc...

Posted: May 29, 2024

Texas Storm Leaves Thousands of Homes Without Power: Weather Watch

Across parts of Texas, and mostly in the east, 500,789 customers reportedly had outages at 4:45 am EDT, according to PowerOutage.us. On Tuesday, 1,161 flights into and around the US were canceled with the majority of those in Dallas and …

Posted: May 29, 2024

Samsung Faces Probe After Two Chip Workers Exposed to Radiation

South Korea’s nuclear safety authorities are carrying out an on-site investigation after two employees at a Samsung Electronics Co. semiconductor plant were exposed to radiation. The employees are showing abnormal symptoms on their fingers beca...

Posted: May 29, 2024

People Moves: Specialist Aviation MGA Itasca Names John as CEO, Succeeding Zolotusky; DUAL Group App...

This edition of International People Moves details appointments at aviation specialist Itasca MGA Ltd. and DUAL Group, Howden’s MGA subsidiary. A summary of these new hires follows here. Specialist Aviation MGA Itasca Names John as CEO, Succeed...

Posted: May 29, 2024

North Carolina Will Soon Have Some of the Highest Auto Liability Minimums

Starting next year, the minimum automobile liability coverage in North Carolina will jump significantly, thanks to a 2023 law that raised the minimum requirement for the first time in 25 years. Since 1999, North Carolina drivers have been required to...

Posted: May 29, 2024

Specialist Risk Group to Launch Global Motorsport Underwriting Offering

Specialist Risk Group’s managing general agent, MX, announced it will soon launch a new specialist motorsport underwriting offering, MX Motorsport. MX Motorsport will underwrite all classes of motorsport business on a global basis supported by...

Posted: May 29, 2024

Insurers Must Physically Inspect to Confirm Damage Cited by Aerial Imagery

The Pennsylvania Insurance Department (PID) is reminding insurers of their obligation to conduct a physical inspection to confirm the type and extent of damage to a roof supposedly evidenced by aerial imagery. The regulatory agency said it has receiv...

Posted: May 29, 2024

Man Accused of Starting Wildfire Near Arizona-California Border

A Yuma man has been arrested for allegedly starting a wildfire in a national wildlife preserve in southwest Arizona near the California border, according to authorities. Yuma County Sheriff’s officials said 47-year-old Jason Bradley Martin rema...

Posted: May 29, 2024

Restaurant Workers’ Battle for Higher Minimum Wage Goes National

US restaurants grappling with high costs and penny-pinching consumers are making a tough pitch to voters: that boosting pay to millions of workers is a bad idea. At least four states are set to vote on measures to make restaurants …

Posted: May 29, 2024

Kentucky, Alabama Towns Dealing with Tornado Damage, Florida Feeling Record Heat

The latest community left with shattered homes and no power was the tiny Kentucky town of Charleston, which took a direct hit Sunday night from a tornado that the governor said appeared to be on the ground for 40 miles …

Posted: May 29, 2024

New Jersey Contractor to Pay $13K Penalty After Worker’s Fatal 5-Story Fall

The federal Occupational Safety and Health Administration (OSHA) reports it has reached a settlement agreement with a New Jersey contractor after a worker suffered a fatal fall at a Bayonne worksite in October 2023. The settlement followed an OSHA in...

Posted: May 29, 2024