Insurance Journal
Swiss Re Reinsurance Solutions has formed a strategic partnership with Benekiva to offer an end-to-end digital claims management solution. The solution combines Benekiva’s state-of-the-art claims administration system with Swiss Re’s Clai...
Posted: Apr 28, 2023
State Farm Tops List of Large Insurers Providing Satisfying Shopping Experience, While The Hartford Ranked Highest Among Midsize Insurers Saving money is the primary focus of consumers searching for auto insurance, according to a new report released...
Posted: Apr 28, 2023
Mental ill-health is now the main cause of sickness absence from work in the UK, costing employers billions of pounds and holding back efforts to boost productivity, according to new research. In the final quarter of 2022, more than 85 …
Posted: Apr 28, 2023
The Hartford Financial Services reported first quarter 2023 net income of $535 million, nearly a 21% increase over $443 million a year ago. In the company’s property/casualty segments, results were carried by net income of $421 million in comme...
Posted: Apr 28, 2023
The U.S. Federal Trade Commission (FTC) will weigh major changes for the first time in a decade to its Green Guides, a set of standards for companies making environmental claims, as it sifts through thousands of comments it received on …
Posted: Apr 28, 2023
Key figures in the insurance industry said rising Russian oil prices are making it harder for them to know if they can lawfully cover Russian cargoes. Since December, buyers of Russian crude oil have only been allowed to access financial …
Posted: Apr 28, 2023
An overwhelming majority of people in the U.S. say they have recently experienced an extreme weather event, a new poll shows, and most of them attribute that to climate change. But even as people across the country joined last Saturday …
Posted: Apr 28, 2023
Two back-to-back federal court decisions may have dealt a lethal blow to recent proposed class actions that sought interest on property insurers’ late claims payments. But the rulings have left some insureds and their attorneys feeling that the...
Posted: Apr 28, 2023
Two back-to-back federal court decisions may have dealt a lethal blow to recent proposed class actions that sought interest on property insurers’ late claims payments. But the rulings have left some insureds and their attorneys feeling that the...
Posted: Apr 28, 2023
Los Angeles will pay $38 million to settle a lawsuit over the death of two people who were electrocuted by a power line that fell into their backyard. The Department of Water and Power’s Board of Commissioners last month agreed …
Posted: Apr 28, 2023
Maine’s pandemic rule allowing to-go cocktails is going to be sticking around. Democratic Gov. Janet Mills has signed into law a bill to make booze- to-go from restaurants and bars permanent, joining more then a dozen states that allow carry-ou...
Posted: Apr 28, 2023
Crest Insurance Group named Chester Henderson director of risk services. Henderson served in the U.S. Navy and was a Navy Seal. While in the Navy, he held numerous leadership positions, including leading the execution of risk management teams. Tucson...
Posted: Apr 28, 2023
The family of a man who was fatally struck by a vehicle driven by former Syracuse University basketball coach Jim Boeheim in 2019 has agreed to settle a lawsuit against Boeheim and the university, according to court documents. Boeheim and …
Posted: Apr 28, 2023
The Newport News public school board says the $40 million lawsuit filed against it by the teacher who was shot by a six-year old is barred by the state’s workers’ compensation law that is the exclusive remedy for workplace injuries. ̷...
Posted: Apr 27, 2023
The Newport News public school board says the $40 million lawsuit filed by the teacher who was shot by a six-year old is barred by the state’s workers’ compensation law that is the exclusive remedy for workplace injuries. The Virginia ...
Posted: Apr 27, 2023
LEMONT, Ill. (AP) – An explosion and fire at a suburban Chicago petroleum refinery killed one person and injured a second Tuesday morning, authorities said. The Will County Sheriff’s Office said one person was confirmed dead and a second...
Posted: Apr 27, 2023
GRAND RAPIDS, Mich. (AP) – Federal authorities in Michigan filed charges Wednesday against nine people in a scheme to defeat air-pollution rules by tampering with software and hardware in heavy-duty diesel engines. The nine agreed to plead guil...
Posted: Apr 27, 2023
BATON ROUGE, La. (AP) – A bill to decriminalize marijuana in Louisiana was short- lived, swiftly dying in committee Tuesday before ever reaching the House floor for debate this legislative session. Democratic state Rep. Candace Newell briefly a...
Posted: Apr 27, 2023
A Houston-area contractor’s repeated failure to follow federal workplace safety procedures during excavation operations contributed to a worker’s death near Manvel in October 2022, a federal workplace safety investigation has found. The U...
Posted: Apr 27, 2023
Markel Corp. reported first quarter 2023 net income of $537.8 million compared to a loss of about $48.8 million a year ago. Net investment gains during the first three months were about $372.6 million compared to a loss of $358.4 …
Posted: Apr 27, 2023
Digital car insurer Clearcover Insurance Company, said April 26 that it launched an embedded insurance solution in which consumers receive final, bindable quotes when they shop on Experian’s auto insurance comparison shopping service. The initi...
Posted: Apr 27, 2023
Average global cyber insurance prices continued to moderate in the first quarter, with average price increases of 11%, compared to 28% in Q4 2022, according to the Global Insurance Market Index published by insurance broker Marsh. This was particular...
Posted: Apr 27, 2023
American International Group said it has finalized an agreement with private equity firm Stone Point Capital to form Private Client Select (PCS) Insurance Services. PCS will be an independent managing general agent serving the high net worth and ultr...
Posted: Apr 27, 2023
Norfolk Southern expects February’s fiery Ohio derailment to cost it $387 million, but that total will likely increase over time and that doesn’t reflect how much the railroad’s insurance companies will eventually cover. The railroa...
Posted: Apr 27, 2023
Tesla supervisors at a Florida service center violated U.S. labor law by telling employees not to discuss pay and other working conditions or bring complaints to higher level managers, a U.S. labor board official has ruled. Managers at the Orlando &#...
Posted: Apr 27, 2023