Insurance Journal
A U.S. anti-discrimination agency has asked a federal judge to reject Tesla Inc’s bid to pause a lawsuit alleging widespread racial bias at the electric carmaker’s flagship Fremont, California, assembly plant. The Equal Employment Opportu...
Posted: Jan 04, 2024
Alliant Insurance Services acquired Oregon-based employee benefits firm Aldrich Benefits LP, of a member of the Aldrich group of companies. The Aldrich companies will continue to provide financial, wealth, tax, and business transition strategies and...
Posted: Jan 04, 2024
California lawmakers returned to work this week for the start of an election-year legislative session dominated by decisions on artificial intelligence and the state`s struggling budget. The budget is a big issue every year in California, which is th...
Posted: Jan 04, 2024
The California Workers’ Compensation Institute named Gideon L. Baum chief operating officer. He will take over the role on Feb. 1. Baum most recently served as the vice president of policy at the California Hospital Association. Before that, he...
Posted: Jan 04, 2024
Kennedy cousin Michael Skakel, whose murder conviction in the 1970s killing of a teenager in Connecticut was overturned, is suing the lead police investigator in the case and the town of Greenwich for alleged malicious prosecution, civil rights viola...
Posted: Jan 04, 2024
A small earthquake shook the Maryland suburbs of Washington, D.C., early Tuesday, according to the U.S. Geological Survey. The quake with a preliminary magnitude of 2.3 happened around 12:51 a.m. It was centered nearly 2 miles (about 3.2 kilometers)...
Posted: Jan 04, 2024
New York Attorney General Letitia James announced the arrest and arraignment of a New Jersey man for allegedly stealing more than $1 million that was intended to be paid to doctors who provided medical care to injured workers covered under …
Posted: Jan 04, 2024
U.S. regulators and XCast Labs have agreed on a proposed settlement of charges that the company facilitated billions of illegal robocalls, the Federal Trade Commission (FTC) said on Tuesday. The FTC also ordered the Voice over Internet Protocol (VoIP...
Posted: Jan 04, 2024
Miami Dolphins wide receiver Tyreek Hill and his family were reported safe after a fire broke out in his Miami-area home Wednesday afternoon. The Associated Press, the New York Post and other news outlets reported that the fire scorched part …
Posted: Jan 04, 2024
Twelve months ago in a rush of blood to the head, I wrote this article with a selection of cyber insurance themes I thought were pertinent for 2023. In the spirit of transparency, I thought I should mark my own …
Posted: Jan 04, 2024
While the reinsurance market indeed stabilized during the January 2024 reinsurance renewals (from the chaotic January renewals of last year), buyers with loss-affected programs experienced further upward pressure on retentions and prices, according t...
Posted: Jan 04, 2024
BMS, the London-based specialist insurance and reinsurance broker, has completed its majority stake acquisition of Berns Brett Masaood (BBM), a leading UAE insurance broker established in 2007 and headquartered in Abu Dhabi and Dubai. Financial detai...
Posted: Jan 04, 2024
Howden, the London-based insurance group, announced the acquisition of Arctic Insurance AS, a fast-growing Norwegian insurance broker. Financial details of the deal were not disclosed. This acquisition reflects Howden’s ambition to enhance its...
Posted: Jan 04, 2024
Russian hackers were inside Ukrainian telecoms giant Kyivstar’s system from at least May last year in a cyberattack that should serve as a “big warning” to the West, Ukraine’s cyber spy chief told Reuters. The hack, one of the...
Posted: Jan 04, 2024
Insurance giant Allianz SE is looking to replace the biggest bond remaining under Europe’s old regulatory regime as it taps the market for new issues early on this year. The Munich-based insurer priced a new €1 billion junior note on …
Posted: Jan 04, 2024
Japan Airlines on Thursday said it expected losses of more than $100 million after one of its planes was destroyed when it collided with another aircraft on the runway at Tokyo’s Haneda airport this week. All 379 people on board …
Posted: Jan 04, 2024
Japan Airlines (JAL) on Thursday said it expected losses of more than $100 million after one of its planes was destroyed when it collided with another aircraft on the runway at Tokyo’s Haneda airport this week. All 379 people on …
Posted: Jan 04, 2024
Rocket and satellite maker SpaceX on Wednesday was accused by a U.S. labor agency of unlawfully firing eight employees for circulating a letter calling founder and CEO Elon Musk a “distraction and embarrassment.” A regional official with...
Posted: Jan 04, 2024
The head of a Tampa-area labor supplier has been sentenced to 12 months in prison after she pleaded guilty to defrauding the IRS and workers’ compensation insurers out of millions of dollars. A federal judge in Tampa last week ordered …
Posted: Jan 04, 2024
Ahead of Florida’s 2024 legislative session that begins Jan. 9, at least a dozen bills have been filed that could have an impact on the state’s insureds and insurers. It’s a sign that lawmakers are under renewed pressure to take ...
Posted: Jan 04, 2024
The federal circuit appeals court for the District of Columbia (D.C.) has asked D.C’s highest court for guidance on the standard of negligence in a case involving a noticeably intoxicated man who died after falling from a train platform into &#...
Posted: Jan 04, 2024
The federal circuit appeals court for the District of Columbia (D.C.) has asked D.C’s highest court for guidance on the standard of negligence in a case involving a noticeably intoxicated man who died after falling from a train platform into &#...
Posted: Jan 04, 2024
This post is part of a series sponsored by AgentSync. Once upon a time, in Michigan… A licensed life insurance agent went door-to-door, posing as a Department of Insurance and Financial Services (DIFS) employee. According to consumer complaints that...
Posted: Jan 04, 2024
A cyber incident that reportedly began on December 24 disrupted the electronic medical records system and caused a Massachusetts hospital to send ambulances to other hospitals on Christmas day. Anna Jaques Hospital in Newburyport told WCVB-TV that it...
Posted: Jan 03, 2024
The U.S. Department of Labor has reached a settlement agreement to resolve litigation following a March 2022 investigation at a work site in Wheeling that resulted in a dozen citations issued against an Ohio-based contractor with an extensive history...
Posted: Jan 03, 2024