Insurance Journal
The European Court of Human Rights (ECtHR) ruled on Tuesday in favor of a group of elderly Swiss women who had argued that their government’s inadequate efforts to combat climate change put them at risk of dying during heatwaves. The …
Posted: Apr 09, 2024
Companies will have to publish standardized operating profit figures from 2027 under new requirements from a global accounting rulesetter to help end what international investor Warren Buffett has called “misleading” numbers. The Internat...
Posted: Apr 09, 2024
US insurers paid out $1.12 billion in dog-related injury claims in 2023 according to the Insurance Information Institute (Triple-I) and State Farm. The number of dog bite and related injury claims was 19,062 in 2023, an increase of more than …
Posted: Apr 09, 2024
Oil sands producer Syncrude Canada, majority-owned by Suncor Energy, will pay C$390,000 ($287,187.04) after pleading guilty to a health and safety charge relating to the death of a worker on one of its sites in June 2021, the Alberta government ̷...
Posted: Apr 09, 2024
Tesla has settled a lawsuit over a 2018 car crash that killed an Apple engineer after his Model X, operating on Autopilot, swerved off a highway near San Francisco, court documents showed on Monday. The settlement was made on the …
Posted: Apr 09, 2024
Britain and other major European countries with maritime borders on the North Sea on Tuesday signed an agreement to work together to protect underwater infrastructure, including from possible Russian attacks. The six countries involved – Belgiu...
Posted: Apr 09, 2024
Reported assaults on nurses jumped 5% across the United States in 2023, according to a new report, raising questions for workers’ compensation insurers and potentially adding to calls for legislation from Congress. Press Ganey, a company that a...
Posted: Apr 09, 2024
Authorities trying to determine whether drugs were involved in a fatal hot air ballon crash in Arizona released an amended autopsy report stating an anesthetic was administered to the pilot by an air ambulance company while he was being transported &...
Posted: Apr 09, 2024
Relatives of a Vermont woman whose obituary drew national attention for its candid and heart-breaking discussion of her opioid addiction have reached a settlement with some of the parties who were sued for allegedly failing to provide adequate medica...
Posted: Apr 09, 2024
A migrant farmworker who survived a mass shooting last year at a Northern California mushroom farm has filed a lawsuit against the farm and one of its owners, saying they failed to keep him safe from the colleague who authorities …
Posted: Apr 09, 2024
A migrant farmworker who survived a mass shooting last year at a Northern California mushroom farm has filed a lawsuit against the farm and one of its owners, saying they failed to keep him safe from the colleague who authorities …
Posted: Apr 09, 2024
Descartes Labs acquired all of the operating assets of Geosite, a Palo Alto, Califorina-based SaaS provider of geospatial intelligence to property/casualty insurance companies. Rachel Olney, CEO of Geosite, will be leading the insurance technology bu...
Posted: Apr 09, 2024
Six state troopers and a constable who may have falsified data about traffic stops won’t face state criminal charges, Connecticut’s top prosecutor said Friday. Chief State’s Attorney Patrick Griffin’s office said in a statemen...
Posted: Apr 09, 2024
The ground rumbled Friday beneath New York City, home to famous skyscrapers like the Empire State Building and One World Trade Center. Though buildings that can reach above 100 stories might seem especially vulnerable to earthquakes, engineering expe...
Posted: Apr 09, 2024
New Solution Empowers Insurance Brokers and Buyers with Unparalleled Cyber Insurance Benchmarking NEW YORK, April 8, 2024 – LineSlip, the leading provider of data analytics for commercial insurance brokers, risk managers, and private equity, today la...
Posted: Apr 08, 2024
Karen Nickel has been dealing with lupus and other illnesses for years, illnesses she blames on childhood exposure to a suburban St. Louis creek where Cold War-era nuclear waste was dumped decades ago. It’s time, she said Friday, for the …...
Posted: Apr 08, 2024
An Austin, Texas subsidiary of one of the nation’s largest producers of modular and manufactured homes faces $272,479 in penalties after federal investigators found the company exposing employees to more than two dozen serious violations during...
Posted: Apr 08, 2024
Lancashire Insurance, a subsidiary of Lancashire Group, has been launched as an excess and surplus insurer in the US, expanding the company’s international footprint. Lancashire explained that Lancashire Insurance US (LUS) operates under a dele...
Posted: Apr 08, 2024
HOUSTON (AP) — The captain of a United Airlines jet said the brakes seemed less effective than normal and the plane and brake pedals shook violently just before the Boeing 737 Max slid off a taxiway in Houston last month. …
Posted: Apr 08, 2024
MADISON, Wis. (AP) — The Wisconsin association representing attorneys agreed last week to change the definition of “diversity” to settle a federal lawsuit brought by a conservative law firm that argued its internship program unconstitutio...
Posted: Apr 08, 2024
Shareholder pressure is growing on insurer Baloise to change its voting rules, with influential proxy adviser Glass Lewis backing one investor’s bid to remove a 2% ceiling on voting rights, saying it would make the Swiss group more attractive....
Posted: Apr 08, 2024
Verisk, the Jersey City, New Jersey-based data analytics and technology provider, has launched a suite of next generation catastrophe models. Verisk’s suite of 100+ Next Generation Models (NGM) is designed to help insurers and reinsurers evalua...
Posted: Apr 08, 2024
Executive Summary: Specialty insurance has experienced significant growth in recent years. Greg Gaydos, senior business development executive at Zywave, looks at the reasons and advises how to best take advantage of its wealth of opportunities. The e...
Posted: Apr 08, 2024
Greece is investing €2.1 billion ($2.27 billion) to protect the nation from natural disasters caused by climate change as wildfires are already breaking out ahead of fire season, which normally starts in May. The Aegis program is the first of …
Posted: Apr 08, 2024
BAY ST. LOUIS, Miss. (AP) — Eleven people were injured when a bus carrying University of South Carolina students blew a tire and hit a concrete barrier in Mississippi. Mississippi state troopers said the driver and a student were critically …
Posted: Apr 08, 2024