Insurance Journal

AstraZeneca Faces 2 London Lawsuits Over COVID-19 Vaccines

AstraZeneca is facing two London lawsuits, including one from the husband of a woman who died after receiving the Anglo-Swedish drugmaker’s COVID-19 vaccine, in the first of potentially dozens of cases brought in England. Britain was the first...

Posted: Aug 24, 2023

Lapsus$ Hacker Targeted Uber, Revolut, Grand Theft Auto Maker, London Jury Finds

A teenage member of the Lapsus$ hacking group was on Wednesday found by a London jury to have hacked Uber and fintech firm Revolut, and blackmailed the developers of best-selling videogame Grand Theft Auto. Arion Kurtaj, 18, embarked on a …

Posted: Aug 24, 2023

McDonald’s, CEO Must Face Ex-Security Executive’s Race Bias Claims

A federal judge in Chicago on Tuesday refused to dismiss a lawsuit accusing McDonald’s Corp. of pushing out a Black executive after he criticized CEO Chris Kempczinski for appearing to blame the parents of a girl shot in a McDonald’s &#82...

Posted: Aug 24, 2023

Mallinckrodt Second Bankruptcy Would Cut $1 Billion From Opioid Settlement

Drugmaker Mallinckrodt said Wednesday it expects to file for a second bankruptcy in the coming days, after reaching a debt reduction deal that would cut $1 billion from the amount it owes to victims of the opioid crisis. The agreement …

Posted: Aug 24, 2023

Miami-Dade Considers New Storm Protection Plan: Dunes, Mangroves and Barrier Gates

Local and federal officials have agreed to a plan to study new ways to protect much of Miami from rising seas and storm surge in the decades ahead, measures that could include dune reinforcements, extensive mangroves and barrier gates at …

Posted: Aug 24, 2023

SBK Insurance Names Risk Manager at Chattanooga Office

SBK Insurance, a subsidiary of Tennessee-based SmartBank, said Drew Vaughn has joined the Chattanooga team as risk manager. Vaughn is a 2020 graduate of the University of Tennessee, where he earned his bachelor’s degree in business administrati...

Posted: Aug 24, 2023

People Moves: Pie in Colorado Names Four VPs to Leadership Team

Pie Insurance, headquartered in Denver, Colo., appointed four new vice presidents to its leadership team. Pie promoted Carla Woodard to vice president of claims. Woodard has more tahn 25 years of claims management experience, including most recently...

Posted: Aug 24, 2023

Woman Admits Bribing State Employee to Issue Driver`s Licenses Without Road Test

A woman has admitted to bribing an employee of the Massachusetts Registry of Motor Vehicles to issue driver`s licenses to people who never took a road test. Neta Centio, 56, of Taunton, pleaded guilty Monday to a charge of conspiracy …

Posted: Aug 24, 2023

Woman Admits Bribing State Employee to Issue Driver’s Licenses Without Road Test

A woman has admitted to bribing an employee of the Massachusetts Registry of Motor Vehicles to issue driver`s licenses to people who never took a road test. Neta Centio, 56, of Taunton, pleaded guilty Monday to a charge of conspiracy …

Posted: Aug 24, 2023

Employer Hosting Golf Outing Not Liable for Drunk Driver, Affirms Pennsylvania High Court

The Pennsylvania Supreme Court has declined to extend the state’s liquor liability law to social hosts. The high court cited a half-century of precedent in upholding lower courts in a case where an employer hosting a golf outing for employees &...

Posted: Aug 24, 2023

Employer Hosting Golf Outing Not Liable for Drunk Driver, Pennsylvania High Court Says

The Pennsylvania Supreme Court has declined to extend the state’s liquor liability law to social hosts. The high court cited a half-century of precedent in upholding lower courts in a case where an employer hosting a golf outing for employees &...

Posted: Aug 24, 2023

Takeaways from Our Conversation on Insurance Conditions for Cannabis

Some cannabis insurance brokers are lately reporting better conditions for their cannabis clients – such as lower rates, better terms. It’s too early to say whether their cannabis clients are getting better rates thanks to a maturing industry w...

Posted: Aug 24, 2023

Dollar Tree Inc. Agrees to Improve Safety and Pay $1.35M in Fines: OSHA

Dollar Tree Inc. and subsidiary Family Dollar have entered an agreement with the Occupational Safety and Health Administration (OSHA) to make operational changes within two years. The Department of Labor’s OSHA said it has cited the stores thro...

Posted: Aug 23, 2023

Louisiana Policyholders Have Until August 29 to File Suit for Damaged Related to Hurricane Ida

Louisiana Insurance Commissioner Jim Donelon is reminding policyholders who filed a property damage claim as a result of Hurricane Ida that they have until August 29, 2023, to file suit against their insurer for insurance claims for which they believ...

Posted: Aug 23, 2023

Louisiana Policyholders Have Until Aug. 29 to File Hurricane Ida Lawsuits

Louisiana Insurance Commissioner Jim Donelon is reminding policyholders who filed a property damage claim as a result of Hurricane Ida that they have until August 29, 2023, to file suit against their insurer for insurance claims for which they believ...

Posted: Aug 23, 2023

Insurer Berkley Wants Judge in Virginia to Toss $5.8M Jury Verdict Over Mold Claim

Berkley Assurance Co. is asking a federal judge in Virginia to throw out a $5.8 million jury verdict against it in a case where the insurer maintains a construction firm failed to notify it of its mold claim in a …

Posted: Aug 23, 2023

Insurance 101: What Are Captive Insurance Companies and How Do They Operate?

This post is part of a series sponsored by AgentSync. From rental cars to groceries to Netflix subscriptions, it seems nothing is safe from price increases these days – including insurance. There’s no denying that, over the last several years,...

Posted: Aug 23, 2023

People Moves: Ryan Specialty Names Conklin Chief Human Resources Officer; AXA XL Appoints Raimondi t...

Ryan Specialty Names Conklin Executive Vice President and Chief Human Resources Officer Ryan Specialty Holdings, Inc. announced that Michael Conklin has joined Ryan Specialty as executive vice president and chief human resources officer. Conklin will...

Posted: Aug 23, 2023

Overturned School Bus Crash in Ohio Results in One Fatality and Multiple Injuries

LAWRENCEVILLE, Ohio (AP) – A school bus full of children overturned after a crash with a minivan in Ohio, killing one child and injuring 23 others, one seriously, authorities said. Trooper Tyler Ross of the Ohio State Highway Patrol said …

Posted: Aug 23, 2023

Michigan Fruit Grower Who Opposes Same-Sex Marriage Wins Ruling Over Access to Public Market

EAST LANSING, Mich. (AP) – The rights of a Michigan fruit grower were violated when a city barred him from a seasonal market because of his opposition to same- sex weddings at his orchard, a judge said. East Lansing`s decision …

Posted: Aug 23, 2023

Tropical Storm Harold Makes Landfall on South Texas Coast

PADRE ISLAND, Texas (AP) – Tropical Storm Harold made landfall on the South Texas coast Tuesday, where it is expected to bring wind gusts of up to 50 mph (80 kmh) in areas along the U.S.-Mexico border. Forecasters said Tuesday …

Posted: Aug 23, 2023

Shot-at FedEx Driver, Now on Workers’ Comp, Has Been Fired, Attorney Says

A Black FedEx delivery driver who says two white men shot at and chased him in Mississippi in 2022 has now been fired from his job, he and his attorney said Monday. “I honestly feel disrespected,” the former driver, D’Monterrio &#82...

Posted: Aug 23, 2023

Explosion Demolishes Carolina Home of NFL Player, Killing His Father

A North Carolina mansion owned by NFL player Caleb Farley exploded Monday night, killing his father and injuring another person. Authorities said the home in Mooresville, near Charlotte, was completely demolished by the blast, which may have resulted...

Posted: Aug 23, 2023

Maui Fire Victims Pursue Legal Tactic That Led to $13.5B California Settlement

Hawaii property owners are seizing on a legal shortcut used by fire victims in California to secure compensation from Hawaiian Electric Industries Inc. for damages following the fires that ravaged Maui. The strategy, which doesn’t require provi...

Posted: Aug 23, 2023

IBM Sells Weather Business to Private Equity Firm Francisco Partners

International Business Machines (IBM) has agreed to sell its weather business to private equity firm Francisco Partners for an undisclosed sum, the technology services giant said on Tuesday. The sale includes The Weather Company’s consumer-focu...

Posted: Aug 23, 2023