Insurance Journal
Florida authorities charged a Miami contractor with vastly underreporting his payroll and skipping out on $253,000 in workers’ compensation insurance premiums to Travelers Property and Casualty Co. Gustavo Antonio Munguia, 48, owner of American...
Posted: Feb 29, 2024
AXIS Capital Holdings Ltd., the Bermuda-based specialty re/insurer, announced that W. Marston (Marty) Becker will succeed Henry B. Smith as non-executive chair of its Board of Directors. Smith, who has served as chair since May of 2020, has decided t...
Posted: Feb 29, 2024
Florida legislation that has been called an “agents’ bill” because it could perhaps make life a little easier for insurance agents after storms, passed a major hurdle this week, moving it closer to approval by the full Legislature....
Posted: Feb 29, 2024
Florida legislation that has been called an “agents’ bill” because it could perhaps make life a little easier for insurance agents, passed a major hurdle this week, moving it closer to approval by the full Legislature. But all Flori...
Posted: Feb 29, 2024
Florida legislation that has been called an “agents’ bill” because it could perhaps make life a little easier for insurance agents after storms, passed a major hurdle this week, moving it closer to approval by the full Legislature....
Posted: Feb 29, 2024
Coverdash, which offers embedded commercial insurance technology with products for startups and small-to-medium businesses, announced $13.5 million in Series A funding. This financing comes within one calendar year of Coverdash’s seed round, br...
Posted: Feb 29, 2024
A California state judge has tentatively ruled that nearly 6,000 Black factory workers can sue Tesla as a group for the electric vehicle maker’s alleged failure to address rampant race discrimination and harassment at its Fremont plant. Califor...
Posted: Feb 29, 2024
Commissions are more certain than insurance losses. Those were not exactly the words that a Progressive executive used when he described the work the insurer has been doing to help customers meet all their insurance needs—sometimes through the polici...
Posted: Feb 29, 2024
Fitch Ratings said it expects underwriting results for U.S. personal auto insurer to continue to improve this year but the pace to profitability will vary. Auto insurers Progressive and GEICO were the only two of 10 publicly traded carriers analyzed...
Posted: Feb 29, 2024
LEXINGTON, Ky. (AP) — Horse racing’s federal oversight body says racetracks under its jurisdiction experienced 1.23 racing-related equine fatalities per 1,000 starts in 2023, a much lower rate than at tracks outside its watch. The Horseracing I...
Posted: Feb 29, 2024
The husband of a New York doctor who died shortly after dining at a Disney Springs restaurant last year accused Walt Disney Parks and Resorts of negligence in a 19-page lawsuit filed in Florida. Jeffrey Piccolo is seeking in excess …
Posted: Feb 29, 2024
A U.S. judge on Thursday will consider whether to dismiss X Corp’s lawsuit against a nonprofit that has criticized a rise in hate speech on the social media platform once known as Twitter since Elon Musk took it over. X …
Posted: Feb 29, 2024
German supermarket chain Metro and its 3,400 employees in Ukraine have worked hard to get their business back to where it was before Russia’s full-scale invasion two years ago. After a sales slump of 10.4% in 2022 – when the …
Posted: Feb 29, 2024
Dry, windy weather that’s been fanning the worst Texas wildfire in almost two decades will return later this week after a brief respite of rain and snow. Fires raging across the Texas Panhandle have scorched homes and ranches, menaced an …...
Posted: Feb 29, 2024
Howden, the London-based insurance intermediary group, announced it has acquired Intersure Group Ltd., trading as Intersure Group, further strengthening its ability to service the Irish insurance market, as it expands its geographical footprint acros...
Posted: Feb 29, 2024
ST. LOUIS (AP) — The St. Louis suburb where Michael Brown was fatally shot by a police officer has agreed to pay $4.5 million to settle a class-action lawsuit that accused it of operating a so-called debtors’ prison. The legal …
Posted: Feb 29, 2024
BRUSSELS – Alphabet’s Google was hit with a 2.1-billion-euro ($2.3 billion) lawsuit by 32 media groups including Axel Springer and Schibsted on Wednesday, alleging that they had suffered losses due to the company’s practices in digital ad...
Posted: Feb 29, 2024
Claims Journal, a Wells Media Company, has named Don Jergler as editor. He succeeds Jim Sams who retired in January. Jergler has covered the insurance industry for over 20 years and holds multiple nominations and an AZBEE award from the …
Posted: Feb 29, 2024
Since joining Asahi Group in 2020 as sustainability chief, Preeti Srivastav has helped the Japanese brewer make several environmental and social pledges but has not got it to disclose all its progress. Asahi said on Feb. 9 it had brought …
Posted: Feb 29, 2024
A European Union law designed to clean up corporate supply chains has been derailed by the bloc’s biggest member states, forcing negotiators back to the drawing board on one of the most consequential pieces of ESG legislation ever attempted. Th...
Posted: Feb 29, 2024
The US Department of Justice has initiated an antitrust investigation into UnitedHealth Group Inc., people familiar with the matter said Tuesday. The probe opens a new layer of scrutiny on the largest US health insurer that operates in pharmacy benef...
Posted: Feb 29, 2024
In a message posted to, and then quickly deleted from their darknet site, the hackers blamed for striking the UnitedHealth Group said on Wednesday they stole millions of sensitive records, including medical insurance and health data, from the company...
Posted: Feb 29, 2024
Miami Dolphins superstar Tyreek Hill has been named in a lawsuit by a model and social media influencer, who claims that Hill broke her leg after she knocked him backwards in an impromptu football instruction last year. Hall’s complaint, filed...
Posted: Feb 29, 2024
Insurance Office of America (IOA) named J.D. Rex to its Western division team. Based in Salt Lake City, Rex joins IOA as a risk management specialist focusing on the transportation industry. Before joining IOA, Rex was most recently president at R...
Posted: Feb 29, 2024
FTP of California LLC has rebranded to Hinterland Insurance and moved its headquarters to the Denver Tech Center in Colorado. The rebrand is part of a larger strategy to reflect the firm’s growing business in the U.S. The company continues R...
Posted: Feb 29, 2024