Insurance Journal

Top Southeast Insurance Journal Stories of 2023

Outside of the turbulent state of Florida, the Southeastern U.S. saw its share of insurance issues, from carriers pulling out of Georgia to roof-matching requirements in Kentucky to liquor liability problems in South Carolina and dog bites in Alabama...

Posted: Dec 29, 2023

After 10 Years, Troubled Kentucky School Boards Insurance Trust Has Been Liquidated

It has taken 10 years but the financially troubled Kentucky School Boards Insurance Trust has been fully liquidated. About $1 million will soon be returned to school districts across the state. “It took a long time to get all the …

Posted: Dec 29, 2023

Top Midwest Insurance Journal Stories of 2023

Insurance Journal Midwest readers in 2023 gravitated to stories on multi-million dollar rulings, policy language disputes and failing mutual insurance companies. Readers were also interested in the fallout of the East Palestine, Ohio train derailment...

Posted: Dec 29, 2023

Top East Insurance Journal Stories of 2023

Insurance Journal East readers showed keen interest in news about insurance agents’ responsibilities in 2023 including court cases involving an agent’s homeowner client with an unlisted dog; Harvard University’s agency and the schoo...

Posted: Dec 29, 2023

New York to Require Disclosure of LLC Ownership for Law Enforcement, Regulators

Law enforcement and regulatory officials in New York will soon have access to information on the ownership behind limited liability corporations (LLCs). Governor Kathy Hochul called the LLC Transparency Act (S.995B/A.3484) a compromise agreement with...

Posted: Dec 29, 2023

2024 Oregon Consumer Laws Include Protections for Homeowners Dealing with Wildfire

Consumer protections for homeowners dealing with wildfire-related issues, property contents coverage, personal data protection and prescription drugs are set to go into effect in 2024. The Oregon Division of Financial Regulation, part of the Oregon D...

Posted: Dec 29, 2023

Top South Central Insurance Journal Stories of 2023

Efforts to curb Louisiana’s property insurance crisis made for some of the most-read Insurance Journal South Central stories of 2023. Readers also delved into Texas court rulings, a profile of Fort-Worth based Higginbotham and more. Top 10 Sout...

Posted: Dec 29, 2023

Top West Insurance Journal Stories of 2023

Insurers pulling back from an increasingly risky California market grabbed the attention of Insurance Journal readers this year. This was the subject of the top four most popular stories in Insurance Journal’s West region in 2023. Eight article...

Posted: Dec 29, 2023

Virginia Security Firm Settles Religious Discrimination Claim Over Employee’s Beard

Triple Canopy, Inc. a Reston, Virginia-based company that provides protective services to federal agencies, will pay a former employee $110,759 and provide other relief to settle a religious discrimination and retaliation lawsuit filed by the U.S. Eq...

Posted: Dec 29, 2023

Ice Storms and Blizzards Pummel the Central US

MINNEAPOLIS (AP) – From an ice storm in North Dakota that sealed windows shut to blizzard conditions in Colorado causing hundreds of airport delays and cancellations, a winter storm pummeled much of the central United States on Tuesday, the day &#823...

Posted: Dec 28, 2023

Fatal Occupational Injuries in Texas Increased by 8% in 2022

Fatal occupational injuries in Texas rose by 8% in 2022. A report from the Texas Department of Insurance, Division of Workers’ Compensation (DWC) shows there were 578 workplace fatalities in private and public/government sectors in 2022, up fro...

Posted: Dec 28, 2023

Brokerslink Adds Peruvian Broker to Global Network

Global brokerage business, Brokerslink, has added Consejeros y Corredores de Seguros (CONSEJEROS), a leading broker in Peru, to its growing network. Founded over 34 years ago, CONSEJEROS is a highly respected broker with a strong track record in prov...

Posted: Dec 28, 2023

5th Circuit Reverses Class Certification in Lawsuit Alleging State Farm Undervalued Total-Loss Claim...

A federal appellate court reversed a trial court’s decision to certify a class of plaintiffs in a lawsuit that alleged State Farm Mutual Automobile Insurance Co. undervalued total-loss claims by Louisiana claimants. A panel of the 5th Circuit C...

Posted: Dec 28, 2023

Ohio Manufacturer Assessed $389K in Penalties for Safety Violations

An Ohio industrial rubber hose manufacturer with a long history of federal workplace safety issues could have prevented a 25-year-old worker from suffering severe crushing injuries by following required safety measures, the U.S. Department of Labor h...

Posted: Dec 28, 2023

One Resident Still Missing as St. Louis Nursing Home Abruptly Closes

COLUMBIA, Mo. (AP) – One person is still missing a week after the abrupt closure of St. Louis` largest nursing home left roughly 170 residents scattered at new facilities throughout the city, a state health department spokeswoman confirmed late last...

Posted: Dec 28, 2023

Wisconsin Republicans to Introduce Proposal for Limited Medical Marijuana Legalization

MADISON, Wis. (AP) – Wisconsin Republicans plan to unveil a proposal soon to legalize medical marijuana in the state and could vote on it sometime in 2024, Assembly Speaker Robin Vos said. Republicans have been working behind closed doors for …

Posted: Dec 28, 2023

Truck Engine Maker Cummins to Pay Record $1.675 Billion US Environmental Fine

Truck engine maker Cummins Inc. has agreed in principle to pay a $1.675 billion fine for installing devices on hundreds of thousands of engines to allow them to emit excess pollution, the largest-ever civil penalty for a Clean Air Act …

Posted: Dec 28, 2023

People Moves: New Jersey’s Convelo Group Names Borst President

Convelo Insurance Group, headquartered in Tinton Falls, New Jersey, has hired Andrew “Andy” Borst as president. Borst has 25 years of insurance industry experience, most recently serving as president of E&S and international programs....

Posted: Dec 28, 2023

Colombia to Pay $215 Million in Liabilities to Health Insurers

The Colombian government will pay private health insurers 820 billion pesos ($215 million) of funds owed since last year for high-cost treatments and medicines, according to a letter by the health ministry. In the letter to the inspector general&#821...

Posted: Dec 28, 2023

Hawaii Fire Shows Wildfires Pose Particular Threat to Elderly and Other Vulnerable Individuals

Sharlene Rabang and her calico cat fled the wildfire that destroyed her town on Maui and arrived at a family home on another Hawaii island after a 24-hour odyssey that included sleeping in a car. Dazed, coughing and weak, the …

Posted: Dec 28, 2023

Apple Resumes Sale of Watches After Appeals Court Lifts Ban

Apple Inc. said it would put its latest smartwatch models back on sale in its US retail stores Wednesday after it won a court ruling in a patent fight, providing a quick reprieve for its $17 billion business. The company …

Posted: Dec 28, 2023

Alabama Agency Completes Review of Fatal Police Shooting in Repo Incident

DECATUR, Ala. (AP) — The Alabama Law Enforcement Agency said Tuesday that it has completed an investigation into a fatal police shooting where a man was killed in his front yard during a dispute with a tow truck driver. The …

Posted: Dec 28, 2023

En Route to Grandma’s House, 6-year-old Put on Wrong Flight to Florida

FORT MYERS, Fla. (AP) — A 6-year-old boy who left on a flight to visit his grandmother in southwest Florida instead was put on the wrong plane and ended up 160 miles away in Orlando, Florida. When the grandmother, Maria …

Posted: Dec 28, 2023

Bulk Carrier Hits Mine in Black Sea, 2 People Injured, Ukraine Says

A Panama-flagged bulk carrier that was headed to a River Danube port to load grain hit a Russian mine in the Black Sea on Wednesday, injuring two crew members, Ukrainian officials said on Thursday. It was the latest incident of …

Posted: Dec 28, 2023

Tokyo Court Rules Only Fukushima Operator Must Pay Damages to Evacuees

A Tokyo court has ruled that only the operator of the tsunami-wrecked Fukushima nuclear power plant had to pay damages to dozens of evacuees, relieving the government of responsibility. Plaintiffs criticized the ruling as belittling their suffering a...

Posted: Dec 28, 2023