Insurance Journal

Yale Student Can Be Sued for Defamation for Reporting Rape, Court Says

In a decision scrutinizing how colleges investigate sexual assault allegations, Connecticut’s highest court ruled Friday that a former Yale student is not immune from a defamation lawsuit by a fellow student who was exonerated in criminal court...

Posted: Jun 26, 2023

Brégier Appointed Chairman of Board at French Reinsurer SCOR

SCOR’s Board of Directors, which met on June 25, 2023, has unanimously decided to appoint Fabrice Brégier as non-executive chairman, with immediate effect. This decision was made on the unanimous recommendation of the Nomination Committee, at t...

Posted: Jun 26, 2023

Credit Suisse to Appeal Bermuda Court Ruling Against Georgia’s Ex-Prime Minister

A Bermuda appeals court on Friday largely dismissed Credit Suisse’s appeal in an ongoing case involving the Swiss bank’s local life insurance arm and Georgia’s former Prime Minister Bidzina Ivanishvili. “The time has come for...

Posted: Jun 26, 2023

TransUnion: Police Gave Out Fewer Tickets as Highway Death Rate Climbed

At the same time as traffic fatalities increased and motorists’ driving habits deteriorated, law enforcement officers were issuing fewer citations for traffic violations, data analytics company TransUnion says in a new report. TransUnion gather...

Posted: Jun 26, 2023

Mallinckrodt Gets Second Extension on Opioid Settlement Payment

Mallinckrodt Plc has for the second time reached an agreement to further delay a $200 million opioid settlement payment that was due earlier this month as the company continues to evaluate its options for addressing its debt load. The drugmaker &#823...

Posted: Jun 26, 2023

Hospital Cyberattacks Surge, Risking Struggling Bottom Lines

Cyberattacks on US hospitals are on the rise, adding a layer of financial pressure onto an industry still struggling to recover from the pandemic. Health facilities have been hit with 226 digital incursions affecting 36 million people this year, on &...

Posted: Jun 26, 2023

Yale Student Ca Be Sued for Defamation Suit for Reporting Rape, Court Says

In a decision scrutinizing how colleges investigate sexual assault allegations, Connecticut’s highest court ruled Friday that a former Yale student is not immune from a defamation lawsuit by a fellow student who was exonerated in criminal court...

Posted: Jun 26, 2023

Lawyers Who Blamed ChatGPT for Bogus Case Law Fined $5,000

A federal judge on Thursday imposed $5,000 fines on two lawyers and a law firm in an unprecedented instance in which ChatGPT was blamed for their submission of fictitious legal research in an aviation injury claim. Judge P. Kevin Castel …

Posted: Jun 26, 2023

People Moves: PIIB in California Announces New COO, Appoints Board Members

The Pacific Interstate Insurance Brokers board has appointed Ashley Bernardi as vice president and chief operation officer. Bernardi has more than 14 years of experience, beginning her career at PIIB as a part-time bookkeeper and executive assistant....

Posted: Jun 26, 2023

Personal Data of 700K Retired California Workers And Beneficiaries Stolen

California pension officials say personal information of about 769,000 retired state employees and other beneficiaries – including Social Security numbers – was among data stolen by Russian cybercriminals in the breach of a popular file-t...

Posted: Jun 23, 2023

Home Depot Paying $72.5M to Settle California Wage Class Action

Home Depot HD.N has agreed to pay $72.5 million to end a long-running class-action lawsuit alleging the largest U.S. home improvement retailer underpaid workers in California. The preliminary settlement was filed late Thursday in a San Francisco fede...

Posted: Jun 23, 2023

Texas Cities Experience Highest Ever Recorded Temperatures in Searing Heat Wave

A searing heat wave has pushed temperatures to record highs in recent days in several cities in South and West Texas, prompting health advisories and pleas for energy conservation. Readings in Laredo, Del Rio, San Angelo and Junction were the …

Posted: Jun 23, 2023

Here’s a Look at Some of China’s Recent Deadly and Very Common Industrial Accidents

At least 31 people were killed and seven injured when cooking gas exploded at a restaurant in Yinchuan in northwestern China. It was the latest in China’s long history of deadly industrial accidents, which occur regularly despite government ple...

Posted: Jun 23, 2023

JPMorgan Agrees to Pay $290 Million to Settle Epstein Suit

JPMorgan Chase & Co. agreed to pay $290 million to settle a lawsuit alleging it knowingly benefited from former client Jeffrey Epstein’s sex trafficking, according to a court filing late Thursday. Lawyers for Epstein’s victims filed a...

Posted: Jun 23, 2023

Piedmont Airlines Fined $15,000 After Alabama Worker Sucked into Engine in 2022

Piedmont Airlines failed to follow safety procedures before a worker was sucked into a jet engine and killed in December, the U.S. Occupational Safety and Health Administration said in a $15,000 citation against the American Airlines subsidiary. &#82...

Posted: Jun 23, 2023

Atlanta City Clerk Sued for Denying ‘Stop Cop City’ Petition Lets Effort Move Forward

Facing a lawsuit from opponents of Atlanta’s proposed police and firefighter training center, the city clerk on Wednesday approved a petition that seeks to force a voter referendum on halting the complex. The approval of the petition, which the...

Posted: Jun 23, 2023

Bret Gains Strength in Caribbean as TS Cindy Follows Close Behind

A hurricane watch was issued for St. Lucia as Tropical Storm Bret barreled toward the eastern Caribbean on Thursday at near-hurricane strength. And another tropical storm, Cindy, formed in the Atlantic with a probable track aimed at the eastern Unite...

Posted: Jun 23, 2023

Teenage Volleyball Player Who Lost Legs in St. Louis Accident Sues Drivers, City

ST. LOUIS (AP) – A teenage volleyball player from Tennessee is suing the Missouri city of St. Louis and two drivers who struck her in February, causing her to lose both legs. The lawsuit on behalf of Janae Edmondson was …

Posted: Jun 23, 2023

Nevada Law Signed to Help Homeowners Move from Sinking Nevada Neighborhood

A North Las Vegas neighborhood is marking passage of a state law committing $37 million to help homeowners move from the once- segregated neighborhood where geologic features have made homes crack, sink and sometimes become unsafe. Democratic state S...

Posted: Jun 23, 2023

3M Reaches Tentative $10.3B Deal Over ‘Forever Chemicals’ Claims

3M Co has reached a $10.3 billion settlement with a host of U.S. public water systems to resolve water pollution claims tied to “forever chemicals,” the chemical company announced on Thursday. The company said the settlement would provide...

Posted: Jun 23, 2023

Travelers Championship With Elevated Status, $20M Purse Opens With McIlroy Hole-in-One

Nathan Grube, the tournament director of the Travelers Championship, used to worry about the years when the U.S. Open took place on the West Coast. Many of the world’s top golfers would make a decision to take a break the …

Posted: Jun 23, 2023

Titanic Sub: Victims’ Families Could Still Sue Despite Liability Waivers

Liability waivers signed by passengers on a submersible lost at sea during a dive to the Titanic wreck may not shield the vessel’s owner from potential lawsuits by the victims’ families, legal experts said. The Titan submersible vanished...

Posted: Jun 23, 2023

Titanic Sub Victims’ Families Could Still Sue Despite Liability Waivers

Liability waivers signed by passengers on a submersible lost at sea during a dive to the Titanic wreck may not shield the vessel’s owner from potential lawsuits by the victims’ families, legal experts said. The Titan submersible vanished...

Posted: Jun 23, 2023

Honda Recalling 1.2 Million Vehicles for Rear Camera Issue

Honda Motor is recalling 1.2 million vehicles in the United States due to a potential issue with the rearview camera image, the National Highway Traffic Safety Administration (NHTSA) said on Friday. The recall covers some 2018-2023 Odyssey, 2019-2022...

Posted: Jun 23, 2023

EU Banks Expand Risk Models to Better Prepare for Climate-Change Fallout

European banks are building out their risk models to better prepare for the fallout from climate change, with some even examining the short-term liquidity implications of a hotter planet, according to a joint survey conducted by the Association for F...

Posted: Jun 23, 2023