Insurance Journal

FTC Noncompete Agreement Ban May Not Survive Courts but Some States Could Adopt

The Federal Trade Commission’s recently approved ban on noncompete agreements likely won’t survive court challenges, but that doesn’t mean the ban won’t become a model for a number of state legislatures to follow in coming mon...

Posted: May 14, 2024

UAW Faces Key Test in the South With Upcoming Vote at Alabama Mercedes Plant

TUSCALOOSA, Ala. (AP) — After 20 years at the Mercedes-Benz factory in Alabama, Brett Garrard said he is “not falling for the lies anymore” and will vote for a union. The company has repeatedly promised to improve pay and conditions, &#82...

Posted: May 14, 2024

Experts Say Gun Alone Doesn’t Justify Deadly Force in Fatal Shooting of Florida Airman

On the afternoon of May 3, Roger Fortson opened the door of his Florida apartment with a gun in his hand and was immediately shot six times by a sheriff’s deputy responding to a complaint about an argument. Fortson’s supporters …

Posted: May 14, 2024

Lawsuit: Tesla’s Autopilot Caused Fiery Crash into Tree, Killing Colorado Man

The widow of a man who died after his Tesla veered off the road and crashed into a tree while he was using its partially automated driving system is suing the carmaker, claiming its marketing of the technology is dangerously …

Posted: May 14, 2024

Most of 15 Million Bees Saved After Bee-Laden Truck Crashes

A tractor-trailer hauling about 15 million honey bees to be used to pollinate blueberry fields crashed and overturned on Interstate 95, officials in Clinton, Maine said. The driver was taken to the hospital as a precaution Thursday night while first...

Posted: May 14, 2024

California Workplace Violence Law a Best Practice No Matter What State You’re in

California Senate Bill 553 is groundbreaking legislation that aims to prevent workplace violence and enhance employee safety and security in California. The law elevates California’s commitment to protecting workers, customers, and companies by...

Posted: May 14, 2024

Gay Employees Sue New York City for Withholding IVF Coverage

A former New York City assistant district attorney and his husband are suing the city, claiming its health plan discriminates against gay male couples by denying them coverage of in vitro fertilization benefits. The city plan’s definition of &#...

Posted: May 14, 2024

Truck Driver Who Fatally Struck 3 Pennsylvania Highway Workers Fell Asleep at Wheel

A truck driver fell asleep at the wheel before striking a construction vehicle and killing three workers on the shoulder of a Pennsylvania highway in April, authorities said Friday. Pennsylvania State Police said the 24-year-old driver from Roxbury,...

Posted: May 14, 2024

15 Californians Charged in Complex Auto Insurance Fraud Ring

A dozen Southern California residents are reported to have conspired to create fraudulent insurance claims to illegally collect more than $350,000. They were arrested last week after an investigation reportedly discovered a large-scale organized auto...

Posted: May 14, 2024

People Moves: CREST in Arizona Adds Anguis as Commercial Lines Broker

Andy Anguis joined Crest Insurance Group as a commercial lines broker in the company’s Chandler, Arizona, office. Anguis’ 25 years of experience includes commercial lines, sales/service leadership, recruiting, claims, personal lines, work...

Posted: May 14, 2024

Implementation: The Final Frontier

This post is part of a series sponsored by AgentSync. Why partnership is key to a successful software implementation and how AgentSync’s proven methods yield results for customers You’ve done your research. You’ve watched the demos....

Posted: May 13, 2024

US States Warned of Unhealthy Air From Wildfires: Weather Watch

Air quality has turned unhealthy for parts of the Upper Midwest in the US, including the Twin Cities of St. Paul and Minneapolis, as smoke drifts south from ongoing Canadian forest fires, according to AirNow.gov. The US National Weather Service &#823...

Posted: May 13, 2024

US to Provide Nearly $200M to Contain Bird Flu Spread on Dairy Farms

The Biden administration said on Friday it will provide nearly $200 million to fight the spread of avian flu among dairy cows, in the government’s latest bid to contain outbreaks that have fueled concerns about human infections with the H5N1 &#...

Posted: May 13, 2024

Massachusetts Faces Off Against Uber, Lyft in Trial Over Status of Gig Workers

Uber Technologies and Lyft are set to face trial on Monday in a U.S. lawsuit by Massachusetts’ attorney general alleging the ride-share companies misclassified their drivers as independent contractors rather than more costly employees. The non-...

Posted: May 13, 2024

Over 700 Tornado Reports Filed in 2024, Above Historical Average – AccuWeather

Approximately 700 preliminary tornado reports have been filed so far in 2024, above the historical average for this time of year, according to AccuWeather Global Weather Center. The roughly 700 preliminary tornado reports through May 9 is above the h...

Posted: May 13, 2024

Company Fined $261K After Worker Struck by Semi-Tractor-Trailer at Nebraska Grain Yard

Responding to an employer’s report that a worker needed hospitalization after being struck by a semi-tractor-trailer and suffering severe injuries at a Fremont, Nebraska grain yard, federal workplace safety inspectors identified 23 violations b...

Posted: May 13, 2024

Louisiana Court May Reopen Window for Suits by Adult Victims of Child Sex Abuse

NEW ORLEANS (AP) — Louisiana’s Supreme Court agreed Friday to reconsider its recent ruling that wiped out a state law giving adult victims of childhood sexual abuse a renewed opportunity to file damage lawsuits. The law was passed by the &#8230...

Posted: May 13, 2024

Arthur J. Gallagher & Co. Acquires Iowa’s Acumen

Arthur J. Gallagher & Co. announced the acquisition of Cedar Rapids, Iowa-based Acumen Advisors, Inc. Terms of the transaction were not disclosed. Acumen is an employee benefits consultant serving small and mid-size businesses throughout Iowa. An...

Posted: May 13, 2024

American Coastal Reports Profitable Q1 for This Year

SAINT PETERSBURG, Fla. (AP) — American Coastal Insurance Corp. (ACIC) on Thursday reported first-quarter earnings of $23.6 million. The Saint Petersburg, Florida-based company, the rebranding of part of now-insolvent United Property & Casualty In...

Posted: May 13, 2024

American Coastal to Sell Interboro to Forza Holdings, Completing Personal Lines Exit

American Coastal Insurance Corp. (ACIC) has agreed to sell its subsidiary Interboro Insurance Co., a New York domiciled insurer, to Forza Insurance Holdings, a Houston-based firm that funds insurance organizations serving coastal property owners. For...

Posted: May 13, 2024

AM Best: Social Inflation Key Factor in Rise of Loss Severity

Loss severity for many U.S. casualty lines of insurance business has exceeded economic inflation over the past decade, indicating other factors are influencing claims costs for indemnity and expense payments, according to a new AM Best report. Accord...

Posted: May 13, 2024

4 Killed in Yet Another Wrong-Way Highway Crash in Connecticut

A driver going the wrong way on Connecticut’s Merritt Parkway crashed head-on into a minivan early Thursday, killing all four people in the vehicles and closing one side of the highway for nearly seven hours, state police said. State police &#8...

Posted: May 13, 2024

It’s a Matter of When, Not if, a Hurricane Will Hit Florida, Forecasters Say

SANFORD, Fla. (AP) — With the start of hurricane season less than a month away, U.S. officials who predict, prepare for and respond to natural disasters had a message for Floridians on Friday: It’s not a matter of if a …

Posted: May 13, 2024

Two Tornadoes Down Trees on Homes, Kill One Person in Tallahassee

Two confirmed tornadoes and storms packing hurricane-force winds killed at least one woman Friday in Florida as a week of deadly severe weather continued in the South, where uprooted trees crashed onto homes and knocked out electricity to thousands i...

Posted: May 13, 2024

Insurer Bowhead Specialty Seeks About $491M Valuation in IPO

Insurer Bowhead Specialty is targeting a valuation of about $491 million in its initial public offering in the United States, as it joins a slew of companies preparing to list amid a rebound in the capital markets. The company is …

Posted: May 13, 2024