Insurance Journal

Pennsylvania County Suing Oil Industry Over Climate Change

A large suburban Philadelphia county has joined dozens of other local governments around the country in suing the oil industry, asserting that major oil producers systematically deceived the public about their role in accelerating global warming. Buc...

Posted: Apr 02, 2024

NFP Acquires Buffalo Broker SDN From Five Star Bank

Global insurance broker NFP announced it has acquired the assets of SDN Insurance Agency (SDN). SDN handles property/casualty insurance as well as employee benefits, surety and life insurance in the the Buffalo, New York area through offices in Amher...

Posted: Apr 02, 2024

Virginia Teacher Secures Right to Trial Against School Over Shooting by 6-Year Old

The $40 million liability lawsuit filed by a Virginia teacher who was shot by a 6-year old student will be heard at a trial and not in the state’s workers’ compensation system. The Virginia Court of Appeals on March 29 …

Posted: Apr 02, 2024

Hawaii Says 30 Lahaina Fire Survivors Are Moving Into Housing Daily But 3K Still in Hotels

Hawaii Gov. Josh Green said some 3,000 people displaced by Lahaina’s wildfires are still living in hotels more than seven months after the August blaze but that up to 30 people are moving to longer-term housing each day. Green told …

Posted: Apr 02, 2024

Strippers’ Bill of Rights in Washington Includes Safer Working Conditions

Legislation in Washington state known as the strippers’ bill of rights, which advocates say includes the most comprehensive statewide protections in the nation, was signed into law. Gov. Jay Inslee signed the measure, which creates safer workin...

Posted: Apr 02, 2024

Real Estate Developers’ Wrap-Up Challenges & Benefits

This post is part of a series sponsored by TSIB. Real Estate development is a business process that focuses on the overall development and renovation of a property, whether that is an existing property or a brand-new one. When it …

Posted: Apr 01, 2024

New $20 Minimum Wage for Fast Food Workers in California Began Monday

Most fast food workers in California will be paid at least $20 an hour began Monday, when a new law kicked in giving more financial security to an historically low-paying profession while threatening to raise prices in a state already …

Posted: Apr 01, 2024

Enhancing Efficiency and Growth: The Role of Outsourcing in Insurance

In today’s fast-paced business environment there is a common theme whether you are a retail agency, wholesaler, or MGA: You are continually seeking ways to streamline operations, improve efficiency, and enhance customer satisfaction. By outsour...

Posted: Apr 01, 2024

Tainted Water Flowed to These Texans’ Homes for Three Years. No One Told Them.

MIDLAND COUNTY — Leslie Borrego lives in a modest house south of the city limits, built 24 years ago by her late husband Raúl, who died unexpectedly from an aneurysm four years ago. The walls, decorated with framed portraits of …

Posted: Apr 01, 2024

People Moves: BenefitMall Appoints Beckley as Houston Benefits Sales Executive

BenefitMall, headquartered in Dallas, hired Maggie Beckley as a new benefits sales executive for Houston. Beckley brings eight years of insurance industry experience to the role. Prior to joining BenefitMall, she worked as a sales executive, employee...

Posted: Apr 01, 2024

People Moves: Acuity Promotes Freund, Kreif, Marthenze and Tyszka

Acuity Insurance, headquartered in Sheboygan, Wisconsin, promoted several team members to new positions. Promotions include: Katrina Freund, senior claims representative. Freund started her Acuity career in 2020 as a claims representative. Cori Kreif...

Posted: Apr 01, 2024

Arkansas Officials Mark Anniversary of Deadly Tornado

LITTLE ROCK, Ark. (AP) — Arkansas and local officials hailed the response from emergency workers, community groups and individuals on Friday as they marked the one-year anniversary of tornadoes that tore through the state and killed four people. Gov....

Posted: Apr 01, 2024

Ohio Manufacturer Faces $253K Fine for Employee’s Severe Injuries

Despite citations from the U.S. Department of Labor’s Occupational Safety and Health Administration for similar hazards at its Shelby, Ohio facility in 2022, ArcelorMittal Tubular Products USA LLC — a subsidiary of one of North America’s...

Posted: Apr 01, 2024

Russia’s Baltika Sues Carlsberg Subsidiaries for Over $900M in Damages

Russia’s Baltika Breweries has sued four Carlsberg subsidiaries for damages amounting to 6.24 billion Danish crowns ($902 million), Russian court filings showed, as the two parties fight over the future of Russia’s largest brewer. Moscow...

Posted: Apr 01, 2024

Xi Says US CEOs Should Invest in China, Economy Hasn’t Peaked

President Xi Jinping met with a group of American business leaders in Beijing including Blackstone Inc.’s Stephen Schwarzman and Qualcomm Inc.’s Cristiano Amon as China is seeking to restore confidence in the economy and keep relations wi...

Posted: Apr 01, 2024

Cargo on Ship That Hit Baltimore Bridge Included Some Hazardous Materials

The cargo ship that caused the Baltimore bridge collapse was carrying hazardous materials, the National Transportation Safety Board said. NTSB Chair Jennifer Homendy said there are 56 containers aboard containing hazardous materials, including corros...

Posted: Apr 01, 2024

Student from China Sentenced in Arson of Alabama Church in 2021

MONTGOMERY, Ala. (AP) — A 30-year-old woman in the U.S. on a student visa has been sentenced to more than eight years in prison for setting fire to First Baptist Church in Montgomery in 2021, federal prosecutors said Monday. Xiaoqin …

Posted: Apr 01, 2024

Tropical Cyclone Makes Landfall in Northern Madagascar, Killing 18 People

ANTANANARIVO, Madagascar (AP) — A tropical cyclone that swept across Madagascar has killed 18 people and left four missing after making landfall on the north of the Indian Ocean island nation earlier this week, authorities said on Friday. The storm &...

Posted: Apr 01, 2024

Canadian School Boards Sue Social Media Giants for Over C$4B in Damages

Four Canadian school boards have sought more than C$4 billion ($2.96 billion) in damages from social media firms such as Meta Platforms and Snap in a lawsuit, alleging that their products harmed students. The products are “negligently designed...

Posted: Apr 01, 2024

Brookfield’s $200 Billion Credit Group Seeks to Lure Insurers

Brookfield Asset Management’s newly formed credit arm will cater to its parent’s insurance business and will also pitch other insurers on overseeing their assets, the unit’s chief executive officer says. “What we’ve deci...

Posted: Apr 01, 2024

Bird Flu Found in Michigan, Idaho Cows as Virus Spreads in US

Highly pathogenic avian influenza has been discovered in dairy herds in Michigan and Idaho, indicating the virus is spreading into new US states. The National Veterinary Services Laboratories has confirmed the presence of bird flu in a Michigan herd...

Posted: Apr 01, 2024

Rescue Crew Navigate Drones and Fire to Salvage Houthi-Hit Ship

A salvage crew climbing up a fire-ravaged ship lined with barbed wire. A French naval vessel fighting off combat drones. And seafarers navigating through the looming risks of encountering Somali pirates. These are scenes from a perilous mission that...

Posted: Apr 01, 2024

11-Year-Old Killed While Trying to Park Snowmobile in Garage

An 11-year-old Maine boy crashed a snowmobile and was killed while attempting to park in his family’s garage in Chapman, game wardens said Tuesday. The boy, who was not wearing a helmet, sped across a field and crashed into a …

Posted: Apr 01, 2024

Kentucky Senate Votes to Expand Family Leave as Insurance Product

FRANKFORT, Ky. (AP) — A bipartisan bill aimed at expanding access to paid family leave won final passage Thursday as Kentucky’s legislature shifted into overdrive before a two-week break. The Senate voted 36-0 to send the family leave legislati...

Posted: Apr 01, 2024

AT&T Notifies Users of Data Breach, Resets Millions of Passcodes

AT&T said it has begun notifying millions of customers about the theft of personal data recently discovered online. The telecommunications giant said Saturday that a dataset found on the “dark web” contains information such as Social...

Posted: Apr 01, 2024