Insurance Journal

US Climate Report Shows Rising Temps, Greenhouse Gas Emissions Headed Down

A new national climate report that shows temperatures rapidly rising, but it also has some good news for the U.S. The Fifth National Climate Assessment, which analyzes the impacts of climate and global change in the U.S., shows that global …

Posted: Nov 17, 2023

Letting People Work From Home Is Good for Companies’ Revenue Growth

Companies that allow remote work have experienced revenue growth that’s four times faster than those that are more stringent about office attendance, a new survey shows, adding fuel to the debate over productivity and performance in today&#8217...

Posted: Nov 17, 2023

Mom Not Liable in Son’s Crash of Family Car, Florida Supreme Court Says

Florida families and their auto insurers can rest a little easier after the state Supreme Court decided Thursday that a mom cannot be held vicariously liable for an accident caused by her son who had borrowed the family car. In …

Posted: Nov 17, 2023

Oregon Jury Awards Man $3M After Officer Accused Him of Trying to Steal Car

A jury in Oregon has awarded a man more than $3.1 million after a police officer accused him of trying to steal a car he was fixing and allegedly used excessive force when arresting him. That jury award included more …

Posted: Nov 17, 2023

Fatalities From Maui Wildfire Reach 100 After Death of Woman

The death toll from the wildfire that devastated the historic Maui town of Lahaina last summer has risen to 100 after a 78-year-old woman injured in the disaster died last month, officials said. The victim was among those who had …

Posted: Nov 17, 2023

OSHA Faults Pharmaceutical Manufacturer in Massachusetts Plant’s Fatal Explosion

A Newburyport, Massachusetts pharmaceutical and chemical manufacturer and its parent company could have prevented an employee’s death from an explosion but lacked the required safeguards in a chemical manufacturing process, an Occupational Safe...

Posted: Nov 17, 2023

In Pennsylvania, Workers’ Compensation Now Pays for CBD Oil Treatment

Eight months after it ruled that medical marijuana is covered under workers’ compensation, a Pennsylvania appeals court has concluded that an injured worker’s cost of CBD oil is also reimbursable. A Commonwealth Court has found that CBD o...

Posted: Nov 17, 2023

Two More Former NBA Players Convicted of Defrauding Players’ Health Plan

Former Boston Celtics forward Glen “Big Baby” Davis and ex- Piston Will Bynum were convicted by a New York jury on Wednesday in a scheme that prosecutors say defrauded an insurance plan for NBA players and their families of more …

Posted: Nov 17, 2023

Two More Former NBA Players Convicted ot Defrauding Players’ Health Plan

Former Boston Celtics forward Glen “Big Baby” Davis and ex- Piston Will Bynum were convicted by a New York jury on Wednesday in a scheme that prosecutors say defrauded an insurance plan for NBA players and their families of more …

Posted: Nov 17, 2023

People Moves: Joshu in California Names Burkhart VP of Growth

Joshu, headquartered in Menlo Park, Calif., has named Mark Burkhart as vice president of growth. Before coming to Joshu, Burkhart managed relationships at Decision Research Corporation and was a segment lead within the specialty division at Berkley T...

Posted: Nov 17, 2023

Magnitude 3.6 Earthquake Rattles Parts of Northern Illinois, Parts of 3 Other States

STANDARD, Ill. (AP) __ A magnitude 3.6 earthquake rattled northern Illinois and parts of three other states early Wednesday, awakening some residents and spurring reports to 911 about homes shaking, the U.S. Geological Survey and police said. The sma...

Posted: Nov 16, 2023

Arthur J. Gallagher & Co. Acquires Michigan’s Coverys Insurance Services

Arthur J. Gallagher & Co. announced it has acquired certain assets of the retail agency business of East Lansing, Michigan-based Coverys Insurance Services. Terms of the transaction were not disclosed. Coverys Insurance Services is a full-service...

Posted: Nov 16, 2023

Texas Department of Insurance Proposes Amendments to Benefit Texas Military Forces in Workers’ Comp...

The Texas Department of Insurance, Division of Workers’ Compensation’s (DWC) General Counsel notified workers’ compensation system participants that DWC is proposing amendments to the Texas Administrative Code concerning. expedited...

Posted: Nov 16, 2023

exas Department of Insurance Proposes Amendments to Benefit Texas Military Forces in Workers’ Comp S...

The Texas Department of Insurance, Division of Workers’ Compensation’s (DWC) General Counsel notified workers’ compensation system participants that DWC is proposing amendments to the Texas Administrative Code concerning. expedited...

Posted: Nov 16, 2023

People Moves: Suda Joins RT Binding Authority’s Leadership Team

RT Specialty, the wholesale distribution division of Ryan Specialty headquartered in Chicago, Ill., hired underwriter Jessalynn Suda to RT Binding Authority’s leadership team. Suda brings 15 years of underwriting experience to RT Binding Author...

Posted: Nov 16, 2023

Texas’ Maxwell Insurance Group Joins Risk Services of Louisiana

Maxwell Insurance Group of Houston, Texas, has affiliated with Risk Services of Louisiana (RSL), a Leavitt Group affiliate based in Shreveport. Leavitt Group is a network of insurance brokers whose collective strength allows members to provide nation...

Posted: Nov 16, 2023

Alabama’s WRM Group Joins Higginbotham

WRM Group, formed just over a year ago with the merger of two of Alabama’s oldest insurance agencies, has now joined Higginbotham, one of the largest agency groups in the Southeast. Terms and details of the partnership were not released. &#8230...

Posted: Nov 16, 2023

Marijuana Dispensary Sues Over Mississippi Regs that Bar Advertising

JACKSON, Miss. (AP) — The owner of a Mississippi medical marijuana dispensary filed a federal lawsuit Tuesday challenging state regulations that he says censor business owners by preventing them from advertising. After Mississippi legalized med...

Posted: Nov 16, 2023

Brookfield Reinsurance Completes Buy of Argo Group; Snyder Named Argo CEO

Brookfield Reinsurance’s $1.1 billion acquisition of Argo Group International Holdings has been completed and Jessica Snyder was appointed chief executive officer of Argo. Snyder succeeds Thomas Bradley, who announced that he was retiring upon...

Posted: Nov 16, 2023

Former Orlando Museum Director Countersues Over Fake Basquiat Art Scandal

ORLANDO, Fla. (AP) — A former executive director of a Florida museum that was raided last year by the FBI over an exhibit of what turned out to be forged Jean- Michel Basquiat paintings filed counterclaims Tuesday against the museum, …

Posted: Nov 16, 2023

White House Proposes Transportation, Commerce Agencies Handle Space Regulations

The Biden administration on Wednesday released a long-awaited proposal to split regulatory powers over emerging private-sector space activities between the U.S. transportation and commerce departments, according to a draft legislative proposal. The p...

Posted: Nov 16, 2023

NTSB Team Begins Investigation into Deadly Ohio Highway Crash Involving High School Students

TNA, Ohio (AP) – A National Transportation Safety Board team was planning to start work Wednesday at the scene of a deadly highway crash in Ohio involving a charter bus filled with high school students that left six people dead …

Posted: Nov 16, 2023

NTSB Begins Investigation of Deadly Ohio Bus Crash Involving High School Students

TNA, Ohio (AP) – A National Transportation Safety Board team was planning to start work Wednesday at the scene of a deadly highway crash in Ohio involving a charter bus filled with high school students that left six people dead …

Posted: Nov 16, 2023

Ohio Business Owner Sues Norfolk Southern for $500 Million Following Train Derailment and Fire

A business owner with companies near where a Norfolk Southern train derailed and caught fire in February has sued the railroad for $500 million, saying most of his eastern Ohio companies have remained closed and he hasn`t been able to …

Posted: Nov 16, 2023

Ohio Business Owner Sues Norfolk Southern for $500 Million

A business owner with companies near where a Norfolk Southern train derailed and caught fire in February has sued the railroad for $500 million, saying most of his eastern Ohio companies have remained closed and he hasn’t been able to …

Posted: Nov 16, 2023