Insurance Journal
New York-based Insurtech platform Indemn announced it has closed a $1.9 million pre-seed funding round. The round was led by venture capital firm Markd, with participation from Afterwork Ventures, Everywhere Ventures, and a group of investors from Au...
Posted: Feb 01, 2024
U.S. Steel has agreed to settle a lawsuit that accused the Pittsburgh-based company of violating federal clean air laws by operating plants without its desulfurization controls for more than three months, emitting clouds of sulfurous gas into surroun...
Posted: Feb 01, 2024
The number of inpatient hospitalizations in the California workers’ compensation system declined 51.1% between 2012 and 2022, a new report shows. The trend was driven by declining claim volume, technological advances and changes in Medicare rul...
Posted: Feb 01, 2024
Woodruff Sawyer named Alex Pazooki the firm’s regional growth leader for Northern California. Previously, Alex served as western zone leader, business development for Coalition and as technology sales executive, Northwest region at Travelers. W...
Posted: Feb 01, 2024
Aircraft leasing firms have secured settlements with Russia totaling more than $2.5 billion for over a quarter of the roughly 400 aircraft stuck in the country since Moscow’s invasion of Ukraine in 2022. In return, international lessors are han...
Posted: Jan 31, 2024
The U.S. Department of Health and Human Services (HHS), Office for Civil Rights (OCR), last month announced that Lafourche Medical Group, a Louisiana medical group specializing in emergency medicine, occupational medicine, and laboratory testing, agr...
Posted: Jan 31, 2024
Bayer AG faces mounting pressure to come up with a new plan for handling its Roundup weedkiller litigation after getting hammered by US jury verdicts totaling almost $4 billion over the last three months. The German conglomerate’s latest courtr...
Posted: Jan 31, 2024
MACEDONIA, Ohio (AP) — Authorities have identified the tanker truck driver killed in a crash in Ohio that spilled thousands of gallons (liters) of diesel fuel over the weekend as repairs to the highway continue. The Summit County medical examinerR...
Posted: Jan 31, 2024
BMS Re, the specialty reinsurance arm of global broker BMS Group, announced that Andrew Wheeler and Russ McGuire have been appointed as interim co-CEOs of BMS Re. The appointments follow Pete Chandler stepping down as CEO and becoming vice chair R...
Posted: Jan 31, 2024
Norfolk Southern’s fourth-quarter profit fell 33% because of the ever growing costs of the cleanup of last year’s fiery derailment in eastern Ohio, but the railroad did deliver 3% more shipments during the quarter and even without the cos...
Posted: Jan 31, 2024
Responding to a report of workers being exposed to anhydrous ammonia, federal investigators found a Madison, Wisconsin ice cream plant lacked sufficient process safety management procedures to control the release of hazardous chemicals. Exposure to a...
Posted: Jan 31, 2024
Two current and two former Massachusetts State Police troopers are among six charged in connection with an alleged conspiracy to give passing scores to certain Commercial Driver’s License (CDL) applicants, including individuals who had failed o...
Posted: Jan 31, 2024
Two current and two former Massachusetts State Police troopers are among six charged in connection with an alleged conspiracy to give passing scores to certain Commercial Driver’s License (CDL) applicants, including individuals who had failed o...
Posted: Jan 31, 2024
This year could be the year that Georgia joins most other states and repeals its direct-action law that has reportedly caused severe problems for trucking companies needing liability insurance. Several Georgia Republican legislative leaders and the s...
Posted: Jan 31, 2024
The UK Navy posted an advisory to merchant ships in the Indian Ocean warning of pirate activity, a sign of a growing threat to a maritime industry that’s been coming under missile attacks near Yemen. Two so-called pirate action groups …
Posted: Jan 31, 2024
COLUMBIA, S.C. (AP) — A South Carolina judge on Monday denied Alex Murdaugh’s bid for a new trial after his defense team accused a clerk of court of tampering with a jury. Judge Jean Toal said she wasn’t sure if …
Posted: Jan 31, 2024
The U.S. government in recent months launched an operation to fight a pervasive Chinese hacking operation that successfully compromised thousands of internet-connected devices, according to two Western security officials and one person familiar with...
Posted: Jan 31, 2024
FRANKFORT, Ky. (AP) — Legislation allowing school districts to expand fleets transporting students to school and home was promoted Monday as a way to fix bus systems hampered by long routes and too few bus drivers. Democratic Sen. David Yates, …...
Posted: Jan 31, 2024
FRANKFORT, Ky. (AP) — Legislation allowing school districts to expand fleets transporting students to school and home was promoted Monday as a way to fix bus systems hampered by long routes and too few bus drivers. Democratic Sen. David Yates, …...
Posted: Jan 31, 2024
FRANKFORT, Ky. (AP) — Legislation portrayed as a market-driven, voluntary approach to expand access to paid family leave in Kentucky was overwhelmingly passed by the state House on Monday. The measure, which drew strong bipartisan support, sailed thr...
Posted: Jan 31, 2024
At the height of the SPAC boom, liberated startups capitalized on the ability to tout lofty goals about the years ahead without much of a risk of legal fallout. Now, the US Securities and Exchange Commission’s new rules tightening SPACs’...
Posted: Jan 31, 2024
A measure that would prohibit smoking in Atlantic City’s casinos moved forward Monday after three years of going nowhere, heartening casino workers who say they are literally sick and tired of having smoke blown in their faces at work. The R...
Posted: Jan 31, 2024
Arctic Wolf and Cyber Risk Alliance’s 2023 Cyber Insurance Outlook Report found that while more than 70% of organizations surveyed in the report have a cyber insurance policy, nearly half of that group said their coverage started less than a &#...
Posted: Jan 31, 2024
Russia is likely behind an increase in instances of jamming satellite signals used by airlines, smartphones and weapons systems in eastern Europe, according to a senior Baltic military commander. Martin Herem, the commander of the Estonian Defense Fo...
Posted: Jan 31, 2024
U.S. liquefied natural gas (LNG) company Freeport LNG said on Friday it expects one of three liquefaction units at its Texas plant will be out of service for about a month after it faced a technical issue during last week’s …
Posted: Jan 31, 2024