Insurance Journal
This post is part of a series sponsored by IAT Insurance Group. When commercial drivers are pulled over for DOT roadside inspections, an under-inflated tire, a malfunctioning brake light or any other number of equipment failures can result in assesse...
Posted: May 02, 2023
Think of them as speed cameras, but for methane. Just like roadside instruments used to identify drivers breaking traffic rules, new powerful satellites are starting to catch oil and gas operators releasing the planet-warming gas into the atmosphere....
Posted: May 02, 2023
Think of them as speed cameras, but for methane. Just like roadside instruments used to identify drivers breaking traffic rules, new powerful satellites are starting to catch oil and gas operators releasing the planet-warming gas into the atmosphere....
Posted: May 02, 2023
The world’s oceans have suddenly spiked much hotter and well above record levels in the last few weeks, with scientists trying to figure out what it means and whether it forecasts a surge in atmospheric warming. Some researchers think the ̷...
Posted: May 02, 2023
Coinbase Inc. Chairman and Chief Executive Officer Brian Armstrong, board member Marc Andreessen and other officers avoided more than $1 billion in losses by using inside information to sell stock within days of the cryptocurrency platform’s pu...
Posted: May 02, 2023
The Louisiana Department of Insurance (LDI) announced Monday that the second 30-day application period for insurance companies to apply for Insure Louisiana Incentive Program funding is open through May 25. Insurance companies can apply at ldi.la.gov...
Posted: May 02, 2023
Hundreds more Credit Suisse Group AG bondholders sued Switzerland’s banking regulator after their securities valued at about $1.7 billion were wiped out during the lender’s government-brokered takeover by UBS Group AG. Law firm Pallas Par...
Posted: May 02, 2023
In spite of continued actions to raise prices of coverage, auto loss cost continue to climb and profits will continue to elude personal auto insurers—probably until 2024, analysts at Standard & Poor’s said. John Iten, senior analyst and P/C...
Posted: May 02, 2023
Conservation groups sued the Federal Aviation Administration on Monday, challenging its approval of expanded rocket launch operations by Elon Musk’s SpaceX next to a national wildlife refuge in South Texas without requiring greater environmenta...
Posted: May 02, 2023
At the top of increasing concerns for directors and officers around the globe are economic, geopolitical and cyber risks, according to the latest Directors and Officers Liability 2023 Survey released by Willis Towers Watson (WTW) and Clyde & Co,...
Posted: May 02, 2023
At the top of increasing concerns for directors and officers around the globe are economic, geopolitical and cyber risks, according to the latest Directors and Officers Liability 2023 Survey released by Willis Towers Watson (WTW) and Clyde & Co,...
Posted: May 02, 2023
This post is part of a series sponsored by AgentSync. A proposed Federal Trade Commission (FTC) rule would enact a near-blanket ban on noncompete clauses within employment contracts, even for gig-workers and freelancers. So, what drives the FTC’...
Posted: May 02, 2023
Residents of a small West Virginia town less than two hours from the nation’s capital are worried that their health and quality of life in the Allegheny Mountains will be upended by a logging company’s plans to relocate a toxin-spewing &#...
Posted: May 02, 2023
Risk retention groups may not be the sexiest of insurance topics, but they have gained new attention this week after the Florida House of Representatives approved a bill that would require strong financial ratings for the groups that operate in ̷...
Posted: May 02, 2023
Risk retention groups may not be the sexiest of insurance topics, but they have gained new attention this week after the Florida House of Representatives approved a bill that would require strong financial ratings for the groups that operate in ̷...
Posted: May 02, 2023
Tennessee Gov. Bill Lee said Friday that a special lawmaking session dedicated to possible changes to the state’s gun laws in the wake of a deadly school shooting last month would likely have to take place after July 4. “I …
Posted: May 02, 2023
New big rigs and buses that run on diesel would not be sold in California starting in 2036, according to new rules approved by state regulators last week to wean the state off fossil fuels and combat climate change. The …
Posted: May 02, 2023
Shortly after midnight last Thursday, several New York City subway trains slowed to a crawl as emergency crews tended to a person discovered on the tracks in Manhattan. The delays were flagged for the Metropolitan Transportation Authority’s rai...
Posted: May 02, 2023
The widow of a man who died from COVID-19 has been denied workers’ compensation benefits because she failed to prove that the death was work-related. The Appellate Division of the Supreme Court of New York on May 1 upheld the …
Posted: May 02, 2023
Virginia’s statutory presumption that a COVID-19 disability of a first responder is work-related, which went into effect July 1, 2020, does not require that the employee be diagnosed with COVID-19 on or after that date, a state review panel has...
Posted: May 02, 2023
DAVENPORT, Iowa (AP) – People living along the Mississippi River watched warily Sunday as water levels rose in southeast Iowa and northwest Illinois, awaiting spring crests as floodwaters began to slowly recede and reveal damage in areas furthe...
Posted: May 01, 2023
Washington Insurance Commissioner Mike Kreidler sent an email to agency staff on Monday confirming that he will not seek reelection. The nation’s longest currently serving commissioner has for some time said he was unlikely to run for office ag...
Posted: May 01, 2023
The Virginia Beach community in southeastern Virginia was hit by a tornado on Sunday, April 30, just minutes before 6:00 pm. City Manager Patrick Duhaney declared a state of emergency. Officials said there were no reported injuries but the tornado &#...
Posted: May 01, 2023
The Virginia Beach community in southeastern Virginia was hit by a tornado on Sunday, April 30, just minutes before 6:00 pm. City Manager Patrick Duhaney declared a state of emergency. Officials said there were no reported injuries but the tornado &#...
Posted: May 01, 2023
A company that provided hurricane-damage estimates to embattled McClenny Moseley & Associates says in a lawsuit filed Thursday that the law firm owes it nearly $10 million. Those unpaid invoices allegedly owed to Global Estimating Services come o...
Posted: May 01, 2023