Insurance Journal
LOUISVILLE, Ky. (AP) — A lawsuit filed Wednesday in federal court alleges negligence by CSX Transportation caused a train derailment and ensuing chemical fire that forced residents of a small Kentucky town out of their homes for more than a ...
Posted: Dec 04, 2023
Florida authorities have announced the arrest of four people in connection with an alleged scheme to deliberately damage roofs in order to qualify them for insurance claims. An arrest warrant also has been issued for another contractor who is well &#...
Posted: Dec 04, 2023
Florida authorities have announced the arrest of four people in connection with an alleged scheme to deliberately damage roofs in order to qualify them for insurance claims. An arrest warrant also has been issued for another contractor who is well &#...
Posted: Dec 04, 2023
Symphony Grow, the specialty business of Symphony Risk Solutions, appointed Michael H. Sampson as senior director of legal affairs and risk management. Sampson joins Symphony from Leech Tishman Fuscaldo & Lampl, where he co-led the law firm’...
Posted: Dec 04, 2023
A San Diego-based technology firm for the hospitality industry has avoided a trial over charges it discriminated against a qualified deaf applicant from Massachusetts for a remote IT job. A federal judge in Boston approved a consent decree resolving...
Posted: Dec 04, 2023
About 20 % of patients whose medical records showed them as being alive with a serious illness were in fact deceased according to California data, leading to hundreds of unnecessary interactions such as appointment reminders, prescription refills and...
Posted: Dec 04, 2023
A New York state appellate court has ruled that an April 2021 state law repealing a March 2020 grant of immunity to nursing homes over their handling of COVID-19 patients is not retroactive. The ruling means a nursing facility in …
Posted: Dec 04, 2023
Recently, I spent a week learning about an entirely different industry than insurance. It was a great education. Along the way, I also learned about their insurance situation. As is common, provably common, about insurance coverages for small and med...
Posted: Dec 03, 2023
As 2023 — Insurance Journal’s 100th anniversary year — comes to a close, we looked back at the past 100 years in insurance history. The following pages reflect 100 moments in history that changed the insurance industry — inclu...
Posted: Dec 03, 2023
Even though reinsurance executives are making noise about social inflation and liability rate inadequacy, WTW isn’t expecting any major changes in the pricing for commercial casualty or property insurance markets heading into 2024. “The p...
Posted: Dec 03, 2023
Agency owners must watch and learn about major trends when they start. Following are key trends that insurance agencies should be tracking for 2024. 1. Insurtech Several trends are emerging in the insurtech sector. Artificial intelligence, or AI, and...
Posted: Dec 03, 2023
By Ben Finley A teacher who was shot by her 6-year-old student in Virginia can press forward with her $40 million lawsuit against a school system over claims of negligence by school administrators, a judge has ruled. The surprise decision …
Posted: Dec 03, 2023
I conceive that the great part of the miseries of mankind are brought upon them by false estimates they made of the value of things.” – Benjamin Franklin Last year, I participated in a panel discussion on property undervaluation at …...
Posted: Dec 03, 2023
By Jim Sams Louisiana State Police have opened a criminal investigation into efforts by McClenny Moseley & Associates and Apex Roofing to solicit customers after receiving a complaint by the state Insurance Department about “suspected fraud...
Posted: Dec 03, 2023
The city of Boston began requiring construction and demolition contractors to file site-specific safety plans and attest to following them on December 1. The requirement is part of the city’s implementation of a new safe construction ordinance...
Posted: Dec 03, 2023
For Insurance Journal’s last print issue of 2023, we decided to travel back in time to review the most significant events in insurance history over the past 100 years. While we selected 100 moments that altered how the insurance industry …...
Posted: Dec 03, 2023
In last month’s Ask the Insurance Recruiter column I offered advice on how insurance organizations can improve job advertisements with my final recommendation to, “Insert as much ‘what candidates want’ information as possible....
Posted: Dec 03, 2023
By Andrew G. Simpson Frederick Mutual, which is exiting the personal lines market and focusing strictly on commercial lines in the Mid-Atlantic and Southern regions, has reached a renewal rights agreement with another insurer for the bulk of its pers...
Posted: Dec 03, 2023
I believe you have to do what you love. My favorite subject in school was mathematics. To me, trigonometry and advanced calculus presented challenging but enjoyable and even exciting puzzles to solve. As I grew older, I sought a career …
Posted: Dec 03, 2023
Donald Trump is not entitled to absolute presidential immunity against criminal charges over his efforts to overturn the 2020 presidential election, a federal judge ruled, saying the office doesn’t come with a “lifelong ‘get-out-of-...
Posted: Dec 03, 2023
DOVER, Del. (AP) – The DuPont Co. and two spin-off firms will pay $110 million to the state of Ohio to settle a lawsuit over environmental threats from toxic chemicals used at a former DuPont facility in neighboring West Virginia, …
Posted: Dec 01, 2023
(Bloomberg) — A roughly 13,000-square-foot, full-floor penthouse and roof at the Rosewood Residences, a 17-story condo tower designed by Peter Marino in Miami’s South Beach, could soon be the most expensive in Miami Beach’s history....
Posted: Dec 01, 2023
Insurance companies across Texas have dramatically increased home insurance rates this year, state filings show, as climate change spooks executives and inflation pushes up costs to rebuild after natural disasters. Texas is prone to hurricanes and fl...
Posted: Dec 01, 2023
Low-income countries are struggling to access insurance, catastrophe bonds and other hedging mechanisms that could help protect them from the economic fallout of climate change, industry sources told Reuters. Helping these countries, which face some...
Posted: Dec 01, 2023
CHICAGO (AP) – A group of current and former employees at a Chicago utility have filed a federal lawsuit alleging the company discriminated against them because they`re Black. The 11 plaintiffs filed the action Tuesday against Peoples Gas, the Chicag...
Posted: Dec 01, 2023