Insurance Journal
MINNEAPOLIS (AP) – Several stores at the location where George Floyd was killed by Minneapolis police in 2020 have sued the city, accusing it of neglecting the area and hurting business. The lawsuit, filed in mid-November in state court, also …
Posted: Dec 01, 2023
Pfizer PFE.N has been sued by Texas Attorney General Ken Paxton, who on Thursday accused the drugmaker of misrepresenting the efficacy of its widely-used COVID-19 vaccine. In a complaint filed in a Lubbock County state court, Paxton said it was ̷...
Posted: Dec 01, 2023
JACKSON, Miss. (AP) — A Black former delivery driver in Mississippi who says two white men shot into his work van and then pursued him in a high-speed chase last year has filed a new lawsuit against the men and …
Posted: Dec 01, 2023
Nigerian floods last year that claimed hundreds of lives also caused up to $9 billion in damage, according to a report from the National Bureau of Statistics. The assessment, conducted in collaboration with the World Bank, placed the cost of …
Posted: Dec 01, 2023
This edition of International People Moves details appointments at MS Amlin and Generali Global Corporate & Commercial (GC&C). A summary of these new hires follows here. MS Amlin Promotes Forsyth as Head of Marine, Succeeding Humberstone Who...
Posted: Dec 01, 2023
The chairman of the U.S. Senate’s Budget Committee has begun an investigation into Florida’s Citizens Property Insurance Corp. and how the state-created insurer plans to address potential underwriting losses from extreme weather events in...
Posted: Dec 01, 2023
According to Beazley’s Spotlight on Business Risks report, 22% of global executives reported employer risk as the top business risk challenge they face in 2023—a notable share that has doubled in just two years. Meanwhile, 27% of surveyed leade...
Posted: Dec 01, 2023
James Dyson, the billionaire inventor of the bagless vacuum cleaner, lost a libel lawsuit on Friday against a British newspaper publisher over a column that branded him a hypocrite who had “screwed” Britain. Dyson sued Mirror Group Newspa...
Posted: Dec 01, 2023
Markel, the insurance operations within Markel Group Inc., said Bob Cox, president and chief operating officer, Global Insurance Operations, will be leaving his role December 31, after five years . “Bob joined us five years ago bringing his mor...
Posted: Dec 01, 2023
Hackers are targeting industrial control systems widely used by water and sewage-treatment utilities, potentially threatening water supplies, the top U.S. cyberdefense agency said after a Pennsylvania water authority was hacked. The U.S. Cybersecurit...
Posted: Dec 01, 2023
While wildfires, severe storms and floods cause short-term impacts that often grab the world’s attention, a drought that stretches over seasons or even years can be easier to overlook. Yet a new UN report shows droughts are just as deadly, R...
Posted: Dec 01, 2023
For more than a month, a group of 16 fishing boats has been blocking a key port in Panama, choking off coal and essential supplies destined for First Quantum Minerals’ giant copper mine there, eventually forcing it to halt operations …
Posted: Dec 01, 2023
A.P. Moller-Maersk A/S settled a Danish lawsuit against the companies behind a ship that blocked the Suez canal in 2021, forcing shipping lines to delay or divert vessels and causing global disruption of supply lines. “We can confirm that we &#...
Posted: Dec 01, 2023
Workers’ compensation patients who report comorbidities, especially mental health comorbidities (anxiety, depression, sleep dysfunction), had a stronger association with smaller functional recoveries than those who only reported physical health...
Posted: Dec 01, 2023
The availability of a federal flood payout in a county in a given year increased the number of flood insurance policies by 5.2% and the total insured value of the policies by 4.6% in the following year, a new study …
Posted: Dec 01, 2023
A federal grand jury has indicted Richard Zagger, of Blue Point, New York, charging him with conspiracy and obstruction of an investigation into a fatal construction accident, according to the U.S. Department of Justice. The four-count indictment all...
Posted: Dec 01, 2023
The Washington State Department of Labor & Industries announced a 4.9% increase in the average workers’ compensation premium rate for 2024. The increase, which takes effect Jan. 1, 2024, means employers and workers will jointly pay, on aver...
Posted: Dec 01, 2023
The parents of a Los Angeles County deputy who was shot and killed while sitting in his patrol car plan to file a lawsuit accusing the sheriff`s department and county leaders of putting law enforcement officers at risk by making …
Posted: Dec 01, 2023
A U.S. labor board has dismissed claims that Tesla Inc. illegally fired employees working on Autopilot software at a New York factory to put an end to union organizing. A National Labor Relations Board (NLRB) regional official on Friday tossed …...
Posted: Dec 01, 2023
The mayor and other city officials in the fishing community of Gloucester, Massachusetts are protected under qualified immunity against claims by the city’s harbormaster that they violated his First Amendment rights. The harbormaster sued the m...
Posted: Dec 01, 2023
Brinson Caleb “BC” Silver, former chief marketing officer for insurtech Root, has pleaded guilty to stealing more than $10 million from his former employer and violating court orders. According to the U.S. Attorney’s Office for the...
Posted: Dec 01, 2023
Oregon’s utility regulator this week said it would investigate a petition by PacifiCorp to limit its liability from future wildfire-related lawsuits, delaying a decision on the power provider’s request by as long as nine months. In Octobe...
Posted: Nov 30, 2023
By most measures, California usually tops the list of the states most at risk of fires. But a new report shows the state’s residents and their desires to stay warm in chillier months may be making the state even riskier. …
Posted: Nov 30, 2023
Higginbotham has announced a strategic alliance with Marshall Young Insurance of Cleburne, Texas, a firm known for providing specialized business insurance options to a wide range of clients. Founded in 1965 by Marshall Young as a construction, real...
Posted: Nov 30, 2023
New York Governor Kathy Hochul has requested a major disaster declaration from President Joe Biden to support the ongoing recovery of downstate communities affected by the significant flooding occurring during a two-day period in late September. If g...
Posted: Nov 30, 2023