Insurance Journal
Formel D USA, Inc., an automotive quality control company with locations in Taylor, Michigan and Toledo, Ohio, violated federal law by maintaining a sexually hostile work environment at its Taylor location and retaliating against a female employee wh...
Posted: Jun 30, 2023
The Indiana Department of Insurance (IDOI) launched a new online form for insurers and entities to cybersecurity events. The online form can be found on IDOI’s website. “If an insurer and/or other licensed entity experiences any cybersecu...
Posted: Jun 30, 2023
The U.S. Supreme Court on Friday ruled that the constitutional right to free speech allows certain businesses to refuse to provide services for same-sex weddings, ruling in favor of a web designer who cited her Christian beliefs in challenging a R...
Posted: Jun 30, 2023
The Regents of the University of California sued Lloyd’s of London, arguing the company refused to reimburse the university system for the costs of data breaches covered in a cyber insurance policy. The dispute is over a cyber attack from ̷...
Posted: Jun 30, 2023
LANSING, Mich. (AP) – People who are sexually assaulted under the guise of medical treatment in Michigan will be further protected when coming forward, and their abusers will receive stricter punishments under legislation signed Thursday by Gov...
Posted: Jun 30, 2023
The United States lacks comprehensive cybercrime data and monitoring – leaving the country less prepared to combat cybercrime, according to a June report by the United States Government Accountability office. Federal agencies included in the study no...
Posted: Jun 30, 2023
Britain’s regulators must push ahead with applying their new post-Brexit remit to help keep the country’s financial sector globally competitive, industry officials said on Thursday. After Britain’s departure from the European Union,...
Posted: Jun 30, 2023
Smoke that billowed outside Tiffany & Co.’s New York flagship location on Thursday morning was from a transformer that caught fire underneath the sidewalk, according to the city’s fire department. The smoke didn’t enter the buil...
Posted: Jun 30, 2023
Prosecutors in Milan are probing allegations of false accounting in relation to the crisis of Italian life insurer Eurovita, a person with knowledge of the matter said on Friday. Owned by Cinven, Eurovita this year became the first Italian insurer &#...
Posted: Jun 30, 2023
Root Inc. said Thursday that it does not currently have an actionable bid for its acquisition after reports that it received a bid from Embedded Insurance. The Columbus, Ohio-based parent company of Root Insurance said its board “has always con...
Posted: Jun 30, 2023
Insurer GEICO has agreed to pay $805,000 total to settle class action lawsuits by claims adjusters alleging they were entitled to unpaid wages for overtime worked between May 27, 2019 and May 27, 2022. The settlement affects 91 plaintiffs involved &#...
Posted: Jun 30, 2023
Fidelis Insurance Holdings notched a valuation of $1.5 billion on Thursday after shares of the reinsurer fell 6.4% on debut. The company joins a list of firms that have gone public this year as the IPO market gains momentum following …
Posted: Jun 30, 2023
One of the world’s most common artificial sweeteners is set to be declared a possible carcinogen next month by a leading global health body, according to two sources with knowledge of the process, pitting it against the food industry and …...
Posted: Jun 30, 2023
Mercenary hackers increasingly are targeting law firms in a bid to steal data that could tip the balance in legal cases, French and British authorities say, echoing a Reuters investigation that uncovered the phenomenon last year. In a pair of …
Posted: Jun 30, 2023
The latest crash tests by the Insurance Institute for Highway Safety reveals most small pickups fall short when it comes to rear seated passengers. “Our updated moderate overlap front crash test proved to be challenging for small pickups,”...
Posted: Jun 30, 2023
How does the 2023 insurance market look so far? It depends on where you stand. Property is facing its most challenging market in 20 years. But D&O rates are down after spiking in 2020. Cyber is evolving to limit exposure. …
Posted: Jun 30, 2023
Starting Saturday, insurers and mortgage lenders for Florida homeowners will face some new restrictions on lender-placed insurance policies, thanks to a bill approved by state lawmakers this year. House Bill 793 takes effect July 1 and it bars what s...
Posted: Jun 30, 2023
Starting Saturday, insurers and mortgage lenders for Florida homeowners will face some new restrictions on lender-placed insurance policies, thanks to a bill approved by state lawmakers this year. House Bill 793 takes effect July 1 and it bars what s...
Posted: Jun 30, 2023
The insurance broker McGriff, part of Carolina-based Truist Insurance Holdings, has hired Rodney Ledford as strategic growth officer for its small business and personal lines division. Ledford has 18 years of experience in the lines, most recently as...
Posted: Jun 30, 2023
California Insurance Commissioner Ricardo Lara awarded $50,545,239 in grants to 34 district attorney offices representing 44 counties in the state to combat insurance fraud. The grants, funded through annual employer assessments, support law enforcem...
Posted: Jun 30, 2023
Insurer GEICO is suing to recover more than $1.8 million in allegedly fraudulent and unlawful no-fault insurance charges it says it has paid to several New Jersey health centers since 2018. The charges were for a range of medical services …
Posted: Jun 30, 2023
Kyle Gerdts has joined Pinnacle Claims Management, Inc., headquartered in Irvine, Calif., as vice president, sales and account management. Gerdts joins from HealthComp, where he was director of sales with responsibilities for consultative sales and s...
Posted: Jun 30, 2023
A major U.S. railroad found liable for spreading hazardous asbestos that killed hundreds of people in a Montana town is trying to convince a federal jury that a local clinic submitted hundreds of asbestos claims for people who weren’t sick, ...
Posted: Jun 30, 2023
Andover, Massachusetts-based Injured Workers Pharmacy (IWP) has agreed to pay $10 million to resolve allegations that it violated the Controlled Substances Act by improperly filling prescriptions for controlled substances, including opioids, and subm...
Posted: Jun 30, 2023
Bob Rusbuldt — set to retire in about two months as chief executive of the Independent Insurance Agents and Brokers of America (The Big I) — was relinquished of his duties after a conversation he had with Fox News Host …
Posted: Jun 29, 2023