Insurance Journal
Eunice Ting, of Watervliet, New York, pled guilty last Thursday to making a false statement to obtain benefits from the Department of Labor’s workers’ compensation program. According to prosecutors, Ting admitted that between December 201...
Posted: Apr 25, 2023
Tokio Marine Holdings Inc. is considering a sale of its life insurance business in Southeast Asia that could be valued at about $1 billion in a deal, according to people familiar with the matter, as the Japanese insurer looks to …
Posted: Apr 25, 2023
Marsh McLennan Companies Inc. reports “a strong start” to 2023, generating 9% underlying revenue growth in the first quarter on top of 10% growth in the first quarter of last year, according to John Doyle, president and chief executive of...
Posted: Apr 25, 2023
A minor magnitude 3.6 earthquake shook parts of upstate New York on Sunday afternoon. There were no immediate reports of significant damage. The U.S. Geological Survey reported that the earthquake struck at 2:10 p.m. with an epicenter about 10 miles...
Posted: Apr 25, 2023
San Diego, CA. April 25, 2023 — Today Carrier Management announced the agenda and speakers for The InsurTech Summit 2023. These experts will share their knowledge and experiences, making your own InsurTech journey much smoother. At this virtual event...
Posted: Apr 25, 2023
Following the closure of Silicon Valley Bank (SVB), VC-backed startups were increasingly looking for stronger protection in case their assets were compromised — specifically liability policies covering company executives, according to digital busines...
Posted: Apr 25, 2023
The Confederation of British Industry may not survive a scandal triggered by rape claims among staff, its president said, as he acknowledged that the business group had failed to dismiss “abhorrent” employees who’d harmed their coll...
Posted: Apr 25, 2023
A Brazilian reinsurer entered a non-prosecution agreement and will pay $5 million to resolve a U.S. probe into a false story that the company had received a significant investment from billionaire Warren Buffett’s Berkshire Hathaway Inc. The U....
Posted: Apr 25, 2023
When the U.S. Supreme Court decides in the coming months whether to weaken a powerful shield protecting internet companies, the ruling also could have implications for rapidly developing technologies like artificial intelligence chatbot ChatGPT. The...
Posted: Apr 25, 2023
Cancer victims on Monday urged a U.S. judge to dismiss a Johnson & Johnson subsidiary’s second bankruptcy filing, saying that the company is abusing the bankruptcy system in its renewed attempt to resolve tens of thousands of lawsuits alleg...
Posted: Apr 25, 2023
A laborer in Asheville, North Carolina, working at a hotel construction site, fell through a four-story air conditioning shaft in 2018, leaving him paralyzed and in need of regular care. Four years later, the 34-year-old has settled his civil suit &#...
Posted: Apr 25, 2023
Leane Rafalko, who spent eight years with the North Carolina Department of Insurance as chief captive analyst, has been named director of captive management for Knoxville-based CIC Services. After leaving DOI, Rafalko joined Hylant Global Captive Sol...
Posted: Apr 25, 2023
An early morning fire destroyed part of a large high school in the southern Idaho city of Pocatello last week. No one was injured in the fire, but Pocatello Fire Department Assistant Chief Shane Grow said one wing of Highland …
Posted: Apr 25, 2023
A legal dispute in Montana could drastically curb the government’s use of aerial fire retardant to combat wildfires after environmentalists raised concerns about waterways that are being polluted with the potentially toxic red slurry that’...
Posted: Apr 25, 2023
The recent data breach of personal information for thousands of users of Washington D.C.’s health insurance exchange, including members of Congress, was caused by basic human error, according to a top administrator. The revelation came from pre...
Posted: Apr 25, 2023
Two state troopers who were struck by a car on an interstate exit ramp cannot collect damages for post traumatic stress disorder, but one of them can recover more money because his trial court award was improperly reduced by the …
Posted: Apr 25, 2023
Two state troopers who were struck by a car on an interstate exit ramp cannot collect damages for post traumatic stress disorder, but one of them can recover more money because his trial court award was improperly reduced by the …
Posted: Apr 25, 2023
New Jersey announced eight new lawsuits and other action against what it says are companies and individuals who’ve failed to clean up pollutants at sites across the state, the attorney general and top environmental official said Thursday. The s...
Posted: Apr 25, 2023
Navajo Nation officials ordered evacuations for some residents of Chinle after floodwaters filled washes and overflowed berms and dirt dams. They said many residents are refusing to leave, however, because they want to protect their property and live...
Posted: Apr 24, 2023
This edition of International People Moves details appointments at Intangic MGA, Helvetia Group and BMS. A summary of these new hires follows here. Startup Intangic MGA Names Marsh’s Durkan as Commercial Director Intangic MGA, a newly launched,...
Posted: Apr 24, 2023
NEW ORLEANS (AP) – A federal judge donated tens of thousands of dollars to New Orleans’ Roman Catholic archdiocese and consistently ruled in favor of the church amid a contentious bankruptcy involving nearly 500 clergy sex abuse victims,...
Posted: Apr 24, 2023
WOOD RIVER, Neb. (AP) – One worker died and four others were injured in an explosion at an ethanol plant in eastern Nebraska. The explosion was reported last Monday afternoon at a Green Plains ethanol plant in Wood River, which …
Posted: Apr 24, 2023
STROUD, Okla. (AP) – Four people, including two children, were killed in a house fire in Oklahoma, authorities said Saturday. Firefighters were called to the home near Stroud about 1:45 a.m. Friday, Milfay Volunteer Fire Chief Travis Victory to...
Posted: Apr 24, 2023
Chubb Appoints Camp North America Business Development Leader Chubb has appointed Annmarie Camp as North America business development leader, part of the company’s North America field operations. Camp has over two decades of insurance industry...
Posted: Apr 24, 2023
A federal grand jury in Des Moines, Iowa returned an indictment on April 19, 2023, charging a Clive man with seventeen counts of mail and wire fraud, one count of conspiracy to commit mail and wire fraud, and two counts …
Posted: Apr 24, 2023