Insurance Journal

Delos and Lloyd’s Insurer to Expand Vacant Home Insurance in California

Delos Insurance Solutions plans to offer wildfire insurance to more California policyholders with vacant properties. Delos is expanding coverage availability through a partnership with certain underwriters at Lloyd’s of London. San Francisco, C...

Posted: May 06, 2024

Status of Uber, Lyft Gig Workers Riding On Massachusetts Court Fight

Massachusetts has become the latest front in a years-long battle in the United States over whether ride-share drivers for Uber and Lyft should be treated as independent contractors or employees entitled to benefits and wage protections. The state&#82...

Posted: May 06, 2024

Brazil Rejects Vale, BHP Settlement Offer for Deadly 2015 Mining Disaster

Brazil and the state of Espirito Santo have rejected a proposal by miners Vale and BHP regarding reparations for the deadly 2015 Mariana tailings dam burst, the federal government said on Friday. The statement did not include Minas Gerais state, &#82...

Posted: May 06, 2024

Three PFCs Partner with ePayPolicy on Newest Financing Feature

ePay believes more insurance customers will choose “Buy Now, Pay Later” financing with more convenient access to established premium financing companies Three premium finance companies have partnered with ePayPolicy as part of the ongoing...

Posted: May 06, 2024

Southern Brazil Hit by Worst Floods in Over 80 Years, Killing at Least 39 People

Heavy rains in the southern Brazilian state of Rio Grande do Sul killed 39 people, with another 68 still missing, the state civil defense agency said Friday, as record-breaking floods devastated cities and forced thousands to leave their homes. It &#...

Posted: May 06, 2024

GSK, Boehringer Put Profits Over User Safety, Zantac Jury Told

Drugmakers GSK Plc and Boehringer Ingelheim GmbH prioritized profits over consumer safety by hiding the cancer risks of their once-blockbuster heartburn drug Zantac, according to lawyers representing a Chicago woman in the first of thousands of such...

Posted: May 06, 2024

Biden Vetoes Bid to Repeal US Labor Board Rule on Contract, Franchise Workers

President Joe Biden followed through on Friday on his vow to veto a Republican-backed measure that would have repealed a U.S. labor board rule treating companies as the employers of many of their contract and franchise workers and requiring them &#82...

Posted: May 06, 2024

Florida Saw Jump in Workers’ Comp Cost per Claim in 2022-23, WCRI Report Shows

Call it the effects of wage creep during the pandemic, along with a little bit of creep in the duration of benefits. Employers and insurers in Florida saw a 7% increase in total cost per workers’ compensation claim in 2022 …

Posted: May 06, 2024

Maryland Hospitality Firm Settles Employee Pregnancy Discrimination, Firing Suit

Savage River Lodge and Little Crossings will pay $150,000 and furnish equitable relief to settle federal charges that they discriminated against an employee because of her pregnancy and then fired her. The Frostburg, Maryland businesses, part of Fron...

Posted: May 06, 2024

Maryland Hospitality Firm Settles Employee Pregnancy Discrimination and Retaliation Suit

Savage River Lodge and Little Crossings will pay $150,000 and furnish equitable relief to settle federal charges that they discriminated against an employee because of her pregnancy and then fired her. The Frostburg, Maryland businesses, part of Fron...

Posted: May 06, 2024

Hub Acquires Williams Insurance Services in California

Hub International Ltd. acquired Merriwether & Williams Insurance Services Inc. Merriwether & Williams has locations in San Francisco and Los Angeles, California, The firm provides contractor development abd bonding programs, aligned risk mana...

Posted: May 06, 2024

New York Restricts Sale of Weight-Loss and Muscle-Building Supplements to Minors

It’s now illegal to sell weight-loss and muscle-building supplements to minors in New York, under a first-in-the-nation law that went into effect this week. Experts say loose federal regulation of dietary supplements has resulted in these produ...

Posted: May 06, 2024

New Vehicle Registrations in California Rose, While Tesla Registrations Dropped Again

The first quarter of the year saw the sixth straight quarterly increase (.7%) in overall registrations in California in the first quarter from the same period last year, while the state’s love affair with Tesla’s may be getting old, the &...

Posted: May 06, 2024

Inszone Insurance Acquires Tri-Cities Insurance Professionals in Washington

Inszone Insurance Services acquired Tri-Cities Insurance Professionals LLC, a multi-member managed broker agency in Pasco, Washington. Tri-Cities Insurance Professionals was founded by Craig Baumgartner, Gerald Tobias, Darwin Walter, and Jorge Torres...

Posted: May 06, 2024

Appeals Court Rejects Climate Change Suit by Young Oregon Activists

A federal appeals court panel last week rejected a long-running lawsuit brought by young Oregon-based climate activists who argued that the U.S. government’s role in climate change violated their constitutional rights. The 9th U.S. Circuit Cour...

Posted: May 06, 2024

Appeals Court Rejects Climate Change Suit by Young Oregon Activists Against Government

A federal appeals court panel last week rejected a long-running lawsuit brought by young Oregon-based climate activists who argued that the U.S. government’s role in climate change violated their constitutional rights. The 9th U.S. Circuit Cour...

Posted: May 06, 2024

Shot?! Who’s Throwing Away Their Shot?

No, I’m not talking about a negligent security case. I was a little late to the party but recently had the opportunity to see “Hamilton” on Broadway. While the play showcased American history, it was easy for me to draw …

Posted: May 05, 2024

New California Law Expands Work Comp Role in Curbing Workplace Violence

New legislation aimed at reducing workplace violence in California vastly increases employers’ responsibilities and hands workers’ compensation insurers an unprecedented oversight role that is likely to trigger lawsuits and affect rates a...

Posted: May 05, 2024

Distracted Drivers Making US Roads More Dangerous: Survey

Nearly 80% of respondents to a recent Travelers survey said inattentive driving is more of a problem now than it has been in past years. Travelers noted the pandemic triggered a new wave of dangerous habits. The 2024 Travelers Risk …

Posted: May 05, 2024

Why a Focus on Safety Matters: Experts Share the Value of Proactive, Updated Construction Safety Pra...

By Allen Laman When construction accidents happen in the United States, the worker often takes the blame. Companies often ask: “What did the worker do wrong?” according to safety expert TJ Lyons. Lyons believes a better approach is to eli...

Posted: May 05, 2024

Embracing Collaboration: Shaping the Future of Healthcare (Re)insurance

At the heart of healthcare liability insurance lies the intricate realm of medical malpractice. Demanding a profound understanding of both the product and the healthcare sector, this specialized field is cultivated through years of medical malpractic...

Posted: May 05, 2024

Thought Leadership & Personal Branding for Insurance Executives

In the insurance industry, competition can be fierce and consumer trust is paramount. Insurance executives face a unique challenge: standing out as leaders in a sea of expertise. Thought leadership and personal branding offer potent tools for insuran...

Posted: May 05, 2024

Pregnancy Protections

Pregnant employees now have the right to accommodations under new federal regulations for enforcing the Pregnant Workers Fairness Act. These protections are likely to change workplace culture for millions of people, but no other working group is like...

Posted: May 05, 2024

Power of the Mastermind: Part One

What is a mastermind group? A mastermind group is simply an alliance of two or more individuals dedicating themselves to a specific goal. It is a way to get all the knowledge, expertise and connections needed to achieve a goal. …

Posted: May 05, 2024

NCCI’s Chief Actuary Discusses Workers’ Comp Profits, Safety and Future

By Andrea Wells The workers’ compensation system overall is healthy and strong. The sector has seen long-term frequency declines for multiple decades with moderate severity of claims costs for at least the past decade. That’s according to...

Posted: May 05, 2024