Insurance Journal
A former Aflac Insurance employee, described as the leader of a fraud ring in Georgia, has been charged in connection with submitting dozens of false claims to the supplemental insurance provider. Amber Miles, 32, filed 52 claims and submitted three...
Posted: Jun 05, 2023
A veteran of the flood insurance business in Florida has launched a new division of Flood Risk Solutions, tailored to commercial clients. Chad LaTour, who has worked with National General Holdings, an Allstate company, and with Wright Flood, said in...
Posted: Jun 05, 2023
A fire that burned down a 160-year-old Massachusetts church was likely started by a lightning strike, a fire chief said. The First Congregational Church in Spencer caught fire Friday afternoon, when a storm was moving through the area. Video showed &...
Posted: Jun 05, 2023
AM Best has revised the outlooks to negative from stable and affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a” (Excellent) of Utica First Insurance Co., based in Oriskany, New York. The...
Posted: Jun 05, 2023
Hackers have stolen data from the systems of a number of users of the popular file transfer tool MOVEit Transfer, U.S. security researchers said on Thursday, one day after the maker of the software disclosed that a security flaw had …
Posted: Jun 05, 2023
The Vermont city of Burlington announced Friday that it has agreed to pay $750,000 to settle a lawsuit filed by the family of a man who was shoved by a police officer, fell backward and hit his head on a …
Posted: Jun 05, 2023
The family of a man who drowned in Tempe Town Lake in Arizona a year ago filed a wrongful death lawsuit against the city, noting that its police department doesn’t have a policy requiring officers to go into the water …
Posted: Jun 05, 2023
A federal judge has blocked part of New Jersey’s new handgun carry law that barred weapons from being carried in so-called sensitive places and halted a new insurance mandate the law sought to institute. The court order by chief U.S. …
Posted: Jun 04, 2023
Federal officials have offered a proposal to control flooding in the Mississippi Delta, a move that comes after months of work from government agencies and decades of delays and disputes over potential environmental impacts. The south Delta’s Y...
Posted: Jun 04, 2023
You can’t take it with you. Every business owner will eventually sell his or her business. It can either be on terms the owner defines, or it can be based on whatever happens at the end. So, if an owner …
Posted: Jun 04, 2023
For specialty line insurance policies such as directors and officers liability, professional liability, cyber liability etc., claims made insurance policies are the most common type of policy issued. They are complex, and depending on the definition...
Posted: Jun 04, 2023
By Allen Laman How could the current economic environment affect workers’ compensation — and the property and casualty insurance industry overall – in 2023? That’s a question that insurance veteran Robert Hartwig addressed in...
Posted: Jun 04, 2023
Alabama lawmakers legalized medical marijuana two years ago. But that came with a high hurdle: Dispensaries, growers, processors and other license applicants must have at least $2 million of liability and casualty insurance. Now, the Alabama Departme...
Posted: Jun 04, 2023
By Andrea Wells Public entities have unique challenges when it comes to mitigating risks and insuring exposures. They serve their communities through education, public utilities and first responder services, and must do so often with limited resource...
Posted: Jun 04, 2023
By Jim Sams Claim severity for bodily injury and property damage increased by 35% since 2019, while collision claim severity has jumped 40%, LexisNexis Risk Solutions says in a new report. The data broker’s 2023 U.S. Auto Insurance Trends repor...
Posted: Jun 04, 2023
John Philip Ryan, 64, of Yucca Valley, California, was sentenced and ordered to pay more than $220,000 in restitution to victims after pleading guilty to two felony counts of financial elder abuse and grand theft of insurance premiums. An investigati...
Posted: Jun 04, 2023
A Tennessee company could be heading for a legal battle with U.S. auto safety regulators after refusing a request that millions of potentially dangerous air bag inflators be recalled. The National Highway Traffic Safety Administration is demanding th...
Posted: Jun 04, 2023
I see a lot of turnovers in human resource (HR) departments at insurance agencies. It seems like most internal recruiters don’t last longer than two years, and the majority leave for a job outside the insurance industry. What pushes people R...
Posted: Jun 04, 2023
Finding a job that you love with the opportunity to build a financially rewarding career is certainly possible. However, maintaining a balance between the career you love, and life, can sometimes be challenging. But what role do managers play in R...
Posted: Jun 04, 2023
Just as the plaintiffs’ law firm of Morgan & Morgan warned, the number of Florida lawsuits filed across the state has shattered previous records, topping 280,122 in April, the Florida Bar reported. That’s more than double the previous...
Posted: Jun 04, 2023
By Jahna Jacobson Technology has made it easier for consumers to explore and purchase insurance on their own. While some fear this ease of access could put agents out of work, Jim Dwane, CEO of insurtech bolt, a property/casualty insurance …
Posted: Jun 04, 2023
When it comes to attracting and retaining members of Generation Z, there’s one thing I wish insurers knew: They’re selling themselves — and their industry — way too short. Too often, people say they fell into insurance. Not on...
Posted: Jun 04, 2023
Fire crews in New Jersey on Saturday had almost completely contained one major fire and were reporting good progress in battling another blaze that for a time threatened several dozen homes. New Jersey Forest Fire Service officials said Saturday that...
Posted: Jun 04, 2023
Association Highlights Best-of-the-Best Work in Insurance Marketing and Communications MINNEAPOLIS (May 31, 2023) — The Insurance Marketing & Communications Association (IMCA) recently announced finalists for its 65th annual Showcase Awards. This...
Posted: Jun 02, 2023
This post is part of a series sponsored by CoreLogic. As the 2023 Hurricane Season approaches, it is crucial for coastal and inland communities alike to understand and prepare for the potential risks associated with hurricanes. The North Atlantic Oce...
Posted: Jun 02, 2023