Insurance Journal

Critics of Workplace Diversity Efforts Eye Civil War-Era Law

Several suits filed on behalf of White workers following the US Supreme Court’s decision outlawing affirmative action in higher education are banking on a Civil War-era statute guaranteeing equal rights to Black Americans to challenge the legal...

Posted: Sep 01, 2023

EU to Seek COP28 Deal on Phasing Out Fossil Fuels: Draft Document

European Union countries are preparing to push for a global deal on phasing out fossil fuels at the United Nations COP28 climate summit which begins in November, a draft of the EU’s negotiating position showed. Diplomats from the bloc’s 2...

Posted: Sep 01, 2023

Judge Orders Camden Diocese to Rework Bankruptcy Plan After Insurers’ Complaints

The Catholic Diocese of Camden, New Jersey must rework its bankruptcy plan to better protect insurers from invalid and inflated sexual abuse claims and unreasonable attorneys’ fees. Citing some concerns raised by insurers, U.S. Bankruptcy Judge...

Posted: Sep 01, 2023

Google Hit With Copyright Lawsuit by Danish Online Job-Search Rival

Alphabet’s Google was hit with a lawsuit on Thursday by Danish online job-search rival Jobindex, a year after the latter complained to EU antitrust regulators that the U.S. tech giant unfairly favored its own job-search service. The Danish Medi...

Posted: Sep 01, 2023

Petroleum Asphalt Remains in Yellowstone River in Montana After Train Derailment

Two months after a railroad bridge collapse sent carloads of hazardous oil products plunging into Montana’s Yellowstone River, the cleanup workers are gone and a mess remains. Thick mats of tarry petroleum asphalt cover portions of sandbars. Oi...

Posted: Sep 01, 2023

California Voting on Increasing Storage At Site of Massive Methane Leak Despite Risks

California officials are expected to vote on a proposal to increase storage capacity at the site of the nation’s largest known methane leak that sickened thousands of families and forced them from their Los Angeles homes in 2015. The proposal &...

Posted: Sep 01, 2023

Visual Artists Fight Back Against AI Companies for Repurposing Their Work

Kelly McKernan’s acrylic and watercolor paintings are bold and vibrant, often featuring feminine figures rendered in bright greens, blues, pinks and purples. The style, in the artist’s words, is “surreal, ethereal … dealing wi...

Posted: Sep 01, 2023

About $2.2B Insured Losses From Hurricane Idalia, Says KCC

Though it made landfall as a Category 3 storm, Hurricane Idalia impacted an are of low population and is expected to cause private insured losses of about $2.2 billion, according to catastrophe modeler Karen Clark & Co. “Idalia made landfal...

Posted: Sep 01, 2023

Hong Kong Braces for Biggest Typhoon Since 2018

Hong Kong was starting to feel the impact of Super Typhoon Saola as winds reached hurricane force and rain lashed the city. The government said it will raise the No. 9 storm signal — the second highest — at 6:20 …

Posted: Sep 01, 2023

Fast Fashion Firms Prepare for EU Crackdown on Waste Mountain

In a warehouse on the outskirts of Barcelona, women stand at conveyor belts, manually sorting T-shirts, jeans and dresses from large bales of used clothing – a small step towards tackling Europe’s towering problem of discarded fashion. Wi...

Posted: Sep 01, 2023

Tesla Braces For Its First Trial Involving Autopilot Fatality

Tesla Inc. is set to defend itself for the first time at trial against allegations that failure of its Autopilot driver assistant feature led to death, in what will likely be a major test of Chief Executive Elon Musk’s assertions …

Posted: Sep 01, 2023

4 Best Practices: A Guide to Commercial Roof Inspection

This post is part of a series sponsored by IAT Insurance Group. The bite of winter and early spring storms pack a punch that could impact the condition of all commercial building types. Consider this true claim story: A moving …

Posted: Sep 01, 2023

Wildfire Risk Score: A Complete Tool for Insurance Risk Management

This post is part of a series sponsored by CoreLogic. Welcome to the first installment of our four-part series on wildfire hazard and risk management, where we will explore CoreLogic’s wildfire risk models and their optimal use within the insur...

Posted: Sep 01, 2023

Past Is Prologue: Big I’s Vision Has Expanded Choices for Independent Agents

This post is part of a series sponsored by InsurBanc. Independent agency owners — who for generations have provided competitive insurance solutions for consumers and businesses — have seen the complexity of their own financing and perpetuation situat...

Posted: Sep 01, 2023

NFL Player’s Home Explosion Caused by Natural Gas, Authorities Say

Fire investigators have determined that a natural gas explosion destroyed Tennessee Titans cornerback Caleb Farley’s North Carolina home, killing the NFL player’s father and injuring a family friend, officials announced Tuesday. It wasn`t...

Posted: Sep 01, 2023

Four Inmates in Problem-Plagued Atlanta Jail Have Died in the Span of a Month

A 34-year-old man who was being held at a problem-plagued jail in Atlanta died after he was taken to a hospital. He was the fourth person to die in Fulton County custody in the span of a month. A jail …

Posted: Sep 01, 2023

Idalia Could Mean New Pressure on Florida Rents, Housing Costs

(Reuters) – Hurricane Idalia is expected to increase insurance costs for Florida commercial real estate, particularly owners of apartments and other multifamily properties already grappling with soaring premiums driven by climate change, indust...

Posted: Sep 01, 2023

Washington Roofer Who Faked Injury Pleads Guilty to Workers’ Comp Fraud

A Pierce County, Washington man who removed and installed roofs while claiming he was too injured to work has pleaded guilty to stealing workers’ compensation benefits. Patrick Dean Farthing, 64, pleaded guilty recently to third-degree theft, a...

Posted: Sep 01, 2023

Court Overturns Rejection of Surgeon’s Arbitration Pact Because It Was Not in Spanish

An eye surgeon’s English language mandatory arbitration agreement with a patient is valid and enforceable where the patient claimed if it had been in his first language, Spanish, he would not have signed it. The Massachusetts Supreme Judicial C...

Posted: Sep 01, 2023

Connecticut Can’t Hide Police Report on Hospital Patient’s Death

Police reports about deaths and other incidents in public hospitals cannot be kept secret, the Connecticut Supreme Court ruled Tuesday, citing the importance of government transparency and the public`s right to know what happened. A majority of the j...

Posted: Sep 01, 2023

Forklift Operator Dies in Accident at Boston`s Logan Airport

A forklift operator has died in an accident at Boston`s Logan International Airport, authorities said Wednesday. The 51-year-old man, whose name has not been released, was an employee of a JetBlue contractor. He was trying to drive a forklift through...

Posted: Aug 31, 2023

Shooting That Wounded 2 at Chicago White Sox Game Likely Involved Gun fired Inside Stadium, Police S...

CHICAGO (AP) – A shooting that wounded two women at last Friday night`s Chicago White Sox-Oakland Athletics game most likely involved a gun that went off inside Guaranteed Rate Field, Chicago`s interim police superintendent said. Officials have said...

Posted: Aug 31, 2023

Texas Agency Alliance Adds Four New Independent Member Agencies

Texas Agency Alliance (TAA), an alliance of independent insurance agencies in the South-Central region of the state, announced the addition of four new independent member agencies. These new members bring TAA’s alliance to over 85 independent a...

Posted: Aug 31, 2023

Five More New Orleans Residents Charged for Conspiring to Stage Automobile Accidents

Five more people have been charged with intentionally staging automobile accidents with tractor-trailers in New Orleans to defraud trucking and insurance companies in 2017. United States Attorney Duane A. Evans announced that Antonine Clark, age 33,...

Posted: Aug 31, 2023

People Moves: UFG Names Saylor Vice President of Surety

UFG Insurance Names Saylor Vice President of Surety UFG Insurance, headquartered in Cedar Rapids, Iowa, named Kyanna Saylor vice president of surety. Saylor has been assistant vice president of surety marketing at UFG since 2019. She spent 15 years i...

Posted: Aug 31, 2023