Insurance Journal
On March 24, 2023, Governor Ron DeSantis signed into law House Bill 837, resulting in the enactment of sweeping tort reform (“the Act”). The Act impacts various aspects of the civil justice system. The most salient features of this latest...
Posted: Jun 06, 2023
Airlines on Tuesday called for co-operation on a broad front to reach “very tough” emission targets and pledged at the end of a three-day summit to release interim climate targets next year. The International Air Transport Association (IA...
Posted: Jun 06, 2023
The New Jersey Supreme Court has affirmed that whether an employer is vicariously liable under the borrowed-employee doctrine is a question of fact that should be decided by the jury, not the judge, unless the evidence is obviously one-sided. The ...
Posted: Jun 06, 2023
Ford Motor Co said on Tuesday it is expanding and issuing a new recall for 125,000 sport utility vehicles and trucks because engine failures may cause a fire. The recall covers various Escape and Lincoln Corsair SUVs and Maverick compact …
Posted: Jun 06, 2023
Chaucer said Group CEO John Fowle has decided to step down at the end of June. Fowle has been with Chaucer since 2002 and was appointed CEO in January 2017, having previously served as Chaucer’s chief underwriting officer. Rob Callan …
Posted: Jun 06, 2023
Ryan Specialty signed a definitive agreement to acquire certain assets of ACE Benefit Partners Inc. in Eagle, Idaho. The acquisition is expected to close in July 2023. ACE Benefit Partners is a medical stop loss general agent founded in 2014. …
Posted: Jun 06, 2023
The United Arab Emirates is tightening insurance requirements for vessels registered under its flag, according to a government advisory, amid growing concerns over ships sailing without top tier cover in the event of an oil spill. Ships typically hav...
Posted: Jun 06, 2023
Cleveland-based insurance and financial advisory firm CBIZ, Inc. announced that it acquired information security consulting firm, Pivot Point Security, of Hamilton, New Jersey, effective June 1, 2023. Founded in 2001, PPS serves small and middle mark...
Posted: Jun 06, 2023
A single voicemail message left on a cellphone without permission is enough to allow an individual to proceed with a class-action lawsuit alleging violations of the Telephone Consumer Protection Act of 1991, a panel with the 6th Circuit Court of R...
Posted: Jun 06, 2023
Austin, TX June 5, 2023 – The National Alliance for Insurance Education & Research, a leader in professional insurance and risk management education, proudly announces its media partnership with the highly anticipated Insurtech Insights 202...
Posted: Jun 06, 2023
A Black former assembly line staffer at Tesla Inc. is moving to add hundreds of other workers to his 2017 lawsuit in which he called the electric-car maker’s production floor a “hotbed for racist behavior.” Marcus Vaughn says class-...
Posted: Jun 06, 2023
A judicial panel on Monday transferred antitrust litigation against Alphabet Inc.’s Google filed by state attorneys general back to a federal court in Texas, citing a law passed by Congress in December. The decision by the Judicial Panel on Mul...
Posted: Jun 06, 2023
U.S. regulators sued Binance and its CEO Changpeng Zhao on Monday for allegedly operating a “web of deception,” piling further pressure on the world’s biggest cryptocurrency exchange and sending bitcoin to its lowest in almost three...
Posted: Jun 06, 2023
Artificial intelligence and its uses are a hot topic these days. Some benefits of AI include efficiency in time and resources, but what happens when an AI-related error or failure occurs? Liability insurance relating to damages caused by an AI …...
Posted: Jun 06, 2023
Eleven people have filed a federal lawsuit saying they were assaulted by police or wrongfully arrested while peacefully observing a June 2020 protest in Massachusetts’ second-largest city over the killing of George Floyd. The lawsuit filed last...
Posted: Jun 06, 2023
Friends, family and insurance colleagues of Paul Hammack gathered in Sacramento, California, in May to honor the life of the 30-year industry veteran, who was tragically killed in a car accident on Dec. 14, 2022. Nearly 500 people packed two …
Posted: Jun 06, 2023
Buffalo’s snow-removal fleet was no match for the historic Christmas week blizzard that left 31 people dead in the city, and officials fell short in issuing warnings and providing shelter, according to a report released Friday. The 175-page rev...
Posted: Jun 06, 2023
Zervos Retires as Regional Vice President – Underwriting Safety National has announced that Dennis Zervos is retiring as regional vice president – underwriting on June 2. Zervos has spent over 30 years in the industry, joining the St. Louis, Missouri...
Posted: Jun 06, 2023
OpenAI CEO Sam Altman predicted on Monday a “huge role” for Israel in reducing risks from artificial intelligence and eyed investment opportunities in the country even as it debates whether and how to regulate the technology behind ChatGP...
Posted: Jun 06, 2023
Sacramento and the city’s school district will pay more than $52 million to settle lawsuits alleging negligence by officials after an aide pleaded guilty to sexually abusing at least eight elementary school students nearly a decade ago. Joshua...
Posted: Jun 06, 2023
EPIC Insurance Brokers & Consultants named Kevin Daley president, Western Region private client leader. Daley has more than 25 years of experience in the insurance industry, most recently as president of field operations across three zones and 10...
Posted: Jun 06, 2023
A slate of gun control measures was headed Saturday to Connecticut Gov. Ned Lamont’s desk, after an all-night state Senate debate and early morning vote to approve the state’s most wide-ranging gun legislation since the laws that followed...
Posted: Jun 06, 2023
Tens of thousands of employees of British Airways, the UK drugstore chain Boots and Britain’s BBC were among those whose personal data was exposed following a wide-ranging breach centered on a popular file transfer tool, the organizations confi...
Posted: Jun 05, 2023
Canada is on track to see its worst-ever wildfire season in recorded history if the rate of land burned continues at the same pace. The country is experiencing an unprecedented amount of fire activity for this early in the season, …
Posted: Jun 05, 2023
Texas insurance carriers reported nearly 100,000 COVID-19 claims and 472 fatalities to the Texas Department of Insurance, Division of Workers’ Compensation (DWC), according to a factsheet released this week by DWC. More than two-thirds of all C...
Posted: Jun 05, 2023