Insurance Journal
The killing of a Connecticut nurse making a house call in October was a nightmare come true for an industry gripped by the fear of violence. Already stressed out by staffing shortages and mounting caseloads, heath care workers are increasingly …...
Posted: Dec 08, 2023
The killing of a Connecticut nurse making a house call in October was a nightmare come true for an industry gripped by the fear of violence. Already stressed out by staffing shortages and mounting caseloads, heath care workers are increasingly …...
Posted: Dec 08, 2023
DeCotis Specialty Insurance, headquartered in Providence, Rhode Island added Lori Lyle as senior commercial lines account manager, and Jay Downie as a commercial lines insurance broker. Lyle joins DeCotis after spending nearly four decades on the com...
Posted: Dec 08, 2023
Talks over a multibillion-dollar settlement for a 2015 mining disaster at an iron ore venture of Vale SA and BHP Group have been suspended by a Brazilian court until early 2024 after the companies and authorities in the country failed …
Posted: Dec 08, 2023
Britain’s Financial Conduct Authority (FCA) can take too long to act and a sweeping post-Brexit internal revamp to make it nimbler will take years to complete, the National Audit Office (NAO) said in a report on Friday. The FCA regulates …...
Posted: Dec 08, 2023
Verisk, headquartered in Jersey City, N.J., named Rob Newbold president of Extreme Event Solutions. Current President Bill Churney will retire effective December 31. Newbold joined Verisk in 2002 as a risk consultant and most recently served as execu...
Posted: Dec 08, 2023
The US and UK have launched a coordinated effort to disrupt a longtime alleged Russian government hacking campaign aimed at what they say is an attempt to undermine democratic processes in both their countries. The UK accused Russia’s main inte...
Posted: Dec 08, 2023
The Florida Division of Workers’ Compensation has released the maximum weekly wage benefit for 2024 and it’s the largest two-year jump in wages in more than four decades. Florida law sets the maximum indemnity benefit for injured workers...
Posted: Dec 08, 2023
GEICO Indemnity Co. has agreed and a federal court in Georgia has given approval to a preliminary settlement of $5.1 million in a class-action lawsuit in which plaintiffs said the insurer had shorted them on ad valorem taxes when their …
Posted: Dec 08, 2023
Travelers Casualty Insurance Co. did not owe a duty to defend or indemnify its insured, CBIZ Borden-Perlman Insurance Agency, Inc., in a tort action in which Republic, as another insurer of B-P, bore the litigation and settlement costs, a federal ...
Posted: Dec 08, 2023
Massachusetts Attorney General Andrea Joy Campbell announced indictments against two men for a total of 50 crimes including thefts of 16 luxury cars valued at more than $1 million. Dyllan Lopes, age 21 of Quincy, was indicted for 31 crimes …
Posted: Dec 08, 2023
Massachusetts Attorney General Andrea Joy Campbell announced indictments against two men for a total of 50 crimes including thefts of 16 luxury cars valued at more than $1 million. Dyllan Lopes, age 21 of Quincy, was indicted for 31 crimes …
Posted: Dec 08, 2023
Analysts from Standard & Poor’s predicted this week that while personal auto results are starting to stabilize, the continued push for rate in 2024 will set the stage for more faceoffs between regulators and insurers. Tim Zawacki, principal...
Posted: Dec 08, 2023
Analysts from Standard & Poor’s predicted this week that while personal auto results are starting to stabilize, the continued push for rate in 2024 will set the stage for more faceoffs between regulators and insurers. Tim Zawacki, principal...
Posted: Dec 08, 2023
This post is part of a series sponsored by AgentSync. Open enrollment is an important time for employers and employees, which means it’s an important time for anyone who sells benefit policies, including insurance agents, carriers, brokers, and...
Posted: Dec 07, 2023
Standard Lines Services named Joshua Lakey division leader. Standard Lines Services is a division of Graham-Rogers Insurance, based in Bartlesville, Okla. Lakey has 18 years of insurance experience and previously served as senior territory manager at...
Posted: Dec 07, 2023
Medical payments for treatment of injured Wisconsin workers were the highest of 17 study states, according to a recently released report from the Workers Compensation Research Institute (WCRI). The study, CompScope™ Medical Benchmarks for Wisconsin,...
Posted: Dec 07, 2023
New England’s Foy Insurance Group has been acquired by national broker World Insurance Associates. The Foy agency, headquartered in Exeter, New Hampshire, has been doing business in New Hampshire for more than 100 years. Today it is one of New...
Posted: Dec 07, 2023
NEW ORLEANS (AP) – A stubborn, smoky marsh fire that contributed to fatal car crashes on fogbound highways and sometimes fouled New Orleans air with a pervasive stench has been completely extinguished after burning for over a month, the New …
Posted: Dec 07, 2023
Higginbotham has acquired Botson Insurance Group of Avon, Ohio. This move extends the Texas firm’s presence across Ohio, as Higginbotham formed a similar collaboration with western Ohio’s Community Insurance Group, Ltd. earlier this year....
Posted: Dec 07, 2023
This edition of International People Moves details appointments at the broker Ardonagh and QBE Europe. A summary of these new hires follows here. Ardonagh Group Announces Senior Management and Structural Shakeup The Ardonagh Group, the London-based i...
Posted: Dec 07, 2023
The less-than-encouraging news: Only a third (33%) of US small businesses consider cyber risk high or very high. The somewhat encouraging news: 53% of U.S. small businesses have either a standalone cyber insurance policy or have cyber coverage throug...
Posted: Dec 07, 2023
Global insured losses from severe thunderstorms have hit a new all-time high of US$60 billion in 2023, with overall natural catastrophe claims surpassing $100 million, according to Swiss Re Institute in a new report. As the US is particularly prone &...
Posted: Dec 07, 2023
New Mexico Attorney General Raul Torrez on Wednesday said the state sued Facebook and Instagram parent Meta Platforms META.O and CEO Mark Zuckerberg, saying the social media company had failed to protect children from sexual abuse, online solicitatio...
Posted: Dec 07, 2023
Driver Technologies, Inc., an AI-based mobility tech company, has announced its Driver Technologies Rating Service Inc. (DTRS) is rolling out its newly launched driver score to commercial fleets and insurance partners. In a press release, Driver Tech...
Posted: Dec 07, 2023