Insurance Journal
ClientEarth, an environmental law charity turned activist Shell investor, said on Friday it was challenging a London court decision to dismiss its novel lawsuit against the energy giant’s board over alleged climate risk mismanagement. The group...
Posted: May 19, 2023
Consistency within cyber insurance policies is something the industry has been grappling with for nearly a decade, according to speakers at the annual RIMS Riskworld conference, held this year in Atlanta, but the industry is beginning to see a light...
Posted: May 19, 2023
Workers in Georgia at one of the nation’s largest school bus manufacturers have voted to unionize. Employees at Blue Bird Corp. chose to be represented by the United Steelworkers union by a vote of 697-435, according to the National Labor ̷...
Posted: May 19, 2023
Alabama legislation that would give victims of childhood sex abuse more time to sue their abusers has stalled in a committee amid opposition from insurance companies, the bill’s sponsor said. The Senate Judiciary Committee has not scheduled a v...
Posted: May 19, 2023
When HCI Group’s TypTap Insurance launched in 2016, it created a buzz in the industry and some skepticism, due to the company’s plan to rely heavily on mapping technology and property data. This month, Tampa-based HCI announced that, afte...
Posted: May 19, 2023
When HCI Group’s TypTap Insurance launched in 2016, it created a buzz in the industry and some skepticism, due to the company’s plan to rely heavily on mapping technology and property data. This month, Tampa-based HCI announced that, afte...
Posted: May 19, 2023
When HCI Group’s TypTap Insurance launched in 2016, it created a buzz in the industry and some skepticism, due to the company’s plan to rely heavily on mapping technology and property data. This month, Tampa-based HCI announced that, afte...
Posted: May 19, 2023
Twelve companies were awarded a total of 20 licenses to develop carbon dioxide (CO2) storage offshore, in Britain’s first licensing round for such projects, the North Sea Transition Authority (NSTA) said on Thursday. Britain aims to use carbon...
Posted: May 19, 2023
The Washington State Department of Labor & Industries filed proposed permanent wildfire smoke rules and launched a formal process for public input designed to protect people who work outdoor jobs like construction, agriculture, roofing, roadwork...
Posted: May 19, 2023
The National Rifle Association’s lobbying arm sued to block Maryland from enforcing new gun-control measures that enhance requirements for obtaining concealed-carry permits and restrict firearms in sensitive areas including school grounds and h...
Posted: May 19, 2023
A limousine service manager was convicted of manslaughter Wednesday in a crash that killed 20 people in rural New York, one of the deadliest U.S. road wrecks in two decades. Jurors reached their verdict during their second day of deliberations …...
Posted: May 19, 2023
An employee’s first day of work at a southern New Jersey manufacturing facility ended tragically when he suffered the amputation of three fingers while operating a press brake without required safety guards, similar to violations cited by feder...
Posted: May 19, 2023
Gordon Rees Scully Mansukhani hired Rachel T. Velilla as a partner in the firm’s Los Angeles, Orange County and San Diego, California offices. She joins the firm’s insurance, trucking and transportation and commercial litigation practice...
Posted: May 19, 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: May 19, 2023
A Virginia man who was denied workers’ compensation benefits for his workplace injury because he apparently used two different names is entitled to have his name on the record corrected and his claim reconsidered, the Virginia Workers’ Co...
Posted: May 19, 2023
Nearly two dozen GOP Attorney General offices sent a letter to the Net-Zero Insurance Alliance seeking documents and information over “legal concerns brought about by commitments to collaborate with other insurers in order to advance an activis...
Posted: May 18, 2023
The U.S., UK, Denmark and other countries have called for more action, including increased surveillance, over the booming practice of unregulated oil transfers at sea, as fears grow over potential pollution, according to a paper submitted to the U.N....
Posted: May 18, 2023
The US Supreme Court left in place a broad liability shield for social media companies for content posted by users, insulating Twitter Inc., Facebook Inc. and Google LLC from claims that they provided assistance to Islamic State terrorists. Acting in...
Posted: May 18, 2023
Commercial property premiums increased more in the first quarter than they have in more than 20 years as the first three months of the year marked the 22nd straight quarter of overall premium increases, at 8.8%, according to the newest …
Posted: May 18, 2023
North Carolina’s insurance commissioner has negotiated a 15% average statewide increase in rates for mobile home insurance policies, a reduction from the hefty hike that the state’s rate bureau had recommended. The North Carolina rate bur...
Posted: May 18, 2023
Aon this week filed a lawsuit against rival Alliant Insurance Services for an alleged “unlawful raid” of senior leaders and other employees of Aon’s facultative reinsurance group. Aon claims Alliant took 26 of its employees, reinsur...
Posted: May 18, 2023
Fraudulent filings for state unemployment insurance aid in Massachusetts could be distorting U.S. weekly unemployment claims data, economists warned on Wednesday, making it harder to get a clear picture of the labor market in the short-term. A surge...
Posted: May 18, 2023
Dublin-based Allied Risk Management has been acquired by Artex Risk Solutions Inc, a captive and alternative risk transfer solutions subsidiary of Arthur J. Gallagher & Co. Terms of the transaction were not disclosed. Allied Risk provides insuran...
Posted: May 18, 2023
Ford Motor Co is recalling 422,000 sport utility vehicles in the U.S. because the video output may fail, preventing the rear view camera image from displaying. The recall covers 2020 through 2023 Ford Explorer, Lincoln Aviator, and 2020-2022 Lincoln...
Posted: May 18, 2023
Bermuda-based P/C insurer and reinsurer Everest Re Group, Ltd. announced that its shareholders approved a name change to Everest Group, Ltd. and will trade under a new ticker symbol (NYSE: EG). The change will become effective on July 10, 2023. ̷...
Posted: May 18, 2023