Insurance Journal
A Maryland widow is entitled to her late husband’s workers’ compensation death benefits because she was dependent upon her husband at the time of his disablement, a Maryland appeals court has ruled. The appeals panel overturned a lower co...
Posted: May 09, 2023
May 9, 2023, AUSTIN, Texas — Texas Mutual Insurance Company, the state’s leading provider of workers’ compensation insurance, announced today that its board of directors voted unanimously to approve a $340 million dividend distribution in...
Posted: May 09, 2023
The California woman suing Subway for claiming its tuna products contain ingredients other than tuna wants to end her lawsuit because she is pregnant, prompting Subway to demand her lawyers be sanctioned for bringing a frivolous case. Nilima Amin sai...
Posted: May 08, 2023
A relatively minor bureaucratic change proposed by the Federal Housing Finance Agency stirred up a viral storm in right-leaning news media recently, with outlets like the Washington Times, New York Post, National Review and Fox News all reporting som...
Posted: May 08, 2023
An investigation found that a spill of about 1,300 gallons of fire suppressant at a fuel facility in Hawaii was caused by a maintenance contractor improperly installing an air vacuum valve, U.S. military officials said. Aqueous Film Forming Foam, whi...
Posted: May 08, 2023
Wildfires raging across western Canada forced the evacuation of 30,000 residents and cut at least 145,000 barrels a day of oil and gas production as companies shut down wells and pipelines. A total of 102 blazes were burning as of …
Posted: May 08, 2023
Wildfires raging across western Canada forced the evacuation of 30,000 residents and cut at least 234,000 barrels a day of oil and gas production as companies shut down wells and pipelines. A total of 100 blazes were burning Monday afternoon, …
Posted: May 08, 2023
Novidea announced it raised $50 million in Series C funding, led by Battery Ventures with participation from Cross Creek – both new investors – and the company’s existing investors, Israel Growth Partners (IGP), KT Squared, and JAL Ventures. To...
Posted: May 08, 2023
Carrier Management’s upcoming InsurTech Summit isn’t showcasing trends. It’s highlighting how insurers and InsurTechs use evolving tech to win. This free, virtual event is a streamable exchange of perspectives and ideas on topics su...
Posted: May 08, 2023
Uber Technologies Inc.’s former security chief was spared from prison for concealing a massive data breach in 2016. Joe Sullivan’s sentencing to three years of probation Thursday followed his conviction by a jury last year of obstructing...
Posted: May 08, 2023
Coalition today said it launched a version of its Executive Risks Insurance products designed for not-for-profit organizations. Coalition’s Executive Risks insurance for not-for-profits combines automated underwriting data collection and real-t...
Posted: May 08, 2023
Bob Menke, the man who founded St. Petersburg-based Bankers Insurance Co., one of the oldest property insurers in Florida, died last week at age 89. “The company that Bob founded in 1976 has grown into one of the largest privately …
Posted: May 08, 2023
Six people were hurt — two critically – when part of a heating and ventilation system collapsed at a resort pool in Colorado on Saturday, fire officials said. There were 50 to 100 guests in the pool when the collapse …
Posted: May 08, 2023
A $1.1 million payment was made to resolve a ransomware attack on a California county’s law enforcement computer network, Southern California News Group reported. The San Bernardino County Sheriff’s Department announced in April that a &#...
Posted: May 08, 2023
Federal officials presented a proposal Thursday to further control flooding in the Mississippi Delta, a move that comes after months of work from government agencies and decades of delays amid disputes over potential environmental impacts. The south...
Posted: May 08, 2023
The New York jury hearing an advice columnist’s claims that she was raped by Donald Trump could begin deliberations as soon as Tuesday, and it will have wide latitude in deciding the truthfulness of the allegations against the former president....
Posted: May 08, 2023
Goodwill Industries of Southeast Louisiana, Inc. has agreed to pay a former employee $60,000 to settle a lawsuit brought by the U.S. Equal Employment Opportunity Commission (EEOC), the federal agency announced today. The lawsuit was resolved through...
Posted: May 08, 2023
Insured losses for New Zealand’s North Island floods of Jan. 27 to Feb. 2 are estimated at NZ$1.75 billion ($1.1 billion), according to PERILS, the independent Zurich-based organization that provides industry-wide catastrophe insurance data. Th...
Posted: May 08, 2023
This edition of International People Moves details appointments at cybersecurity firm Lodestone Security and the broker Howden Tiger Fac. A summary of these new hires follows here. Beazley’s Cyber Security Unit Lodestone Appoints Kizziah as CEO...
Posted: May 08, 2023
Lockton, the privately held insurance broker and consultancy, announced it has acquired THB Brazil from Amwins, the independent wholesale distributor of specialty insurance products in the U.S. Terms of the transaction were not disclosed. The combina...
Posted: May 08, 2023
ALEXANDRIA, La. (AP) – Central Louisiana’s historic Hotel Bentley was damaged Friday by a fire in which one person was believed to be injured. The fire, which damaged the building’s exterior on the north side, was concentrated in th...
Posted: May 08, 2023
MINNEAPOLIS (AP) – A man suspected of setting fires to Minneapolis mosques was indicted Thursday on federal charges of arson and damage to religious property while investigators look into a series of crimes targeting Muslims and Somali American...
Posted: May 08, 2023
Russian carmaker GAZ has filed a lawsuit worth 15.6 billion roubles ($200.5 million) against Volkswagen, court records show, adding to two others filed earlier this year. The lawsuit, details of which have not been published, was filed with the Nizhn...
Posted: May 08, 2023
Even though Berkshire Hathaway’s GEICO achieved a 93 first-quarter combined ratio, an enviable result measured against industry peers, the leader of Berkshire’s insurance operations said the figure is not a true indication of where the bu...
Posted: May 08, 2023
Off the coast of Malaysia, in one of the world’s busiest shipping channels, an explosion on board the aging oil tanker Pablo ripped off its deck like a sardine can and began a fire that sent dark plumes of smoke …
Posted: May 08, 2023