Insurance Journal
A crash involving three vehicles in coastal Georgia early Monday sent 14 people to the hospital with injuries, authorities said. The wreck happened about 3 a.m. in McIntosh County when an SUV traveling the wrong way struck a passenger van …
Posted: Apr 05, 2023
Specialty Program Group, a holding company established to acquire specialty insurance firms, has purchased the travel insurance service known as Squaremouth. Headquartered in St. Petersburg, Squaremouth offers travel insurance through a digital quote...
Posted: Apr 05, 2023
Two workers were killed in a construction accident at New York’s John F. Kennedy International Airport on Monday, officials said. The Port Authority of New York and New Jersey, which runs the airport, said the two workers got trapped under R...
Posted: Apr 05, 2023
South Carolina’s workplace safety agency “engages in egregious discrimination,” by failing to inspect industries with high percentages of Black workers, a union alleged in a federal complaint. The South Carolina Occupational Safety...
Posted: Apr 05, 2023
Parsyl, the Denver-based insurer of essential supply chains, announced the launch of its new Essential Consortium at Lloyd’s of London. The multi-year arrangement initially will bring $20 million in new capacity to the perishable cargo market a...
Posted: Apr 05, 2023
Water companies will incur unlimited fines for polluting rivers and the sea under new UK legislation to protect the environment, according to the Department for Environment, Food and Rural Affairs. Therese Coffrey, the environment secretary, will ann...
Posted: Apr 05, 2023
Federal appeals court judges on Tuesday appeared skeptical of 3M’s bid to use the bankruptcy of its subsidiary Aearo Technologies to shield itself from nearly 260,000 lawsuits over allegedly defective military-issue earplugs. Paul Clement, a la...
Posted: Apr 05, 2023
Nearly 43,000 people died in U.S. traffic crashes in 2021, the highest number in 16 years with deaths due to speeding and impaired or distracted driving on the rise. The 2021 final numbers, released Monday by the National Highway Traffic …
Posted: Apr 05, 2023
Johnson & Johnson has agreed to pay $8.9 billion to settle tens of thousands of lawsuits alleging that talc in its iconic Baby Powder and other products caused cancer, the company said. The amount dwarfs J&J’s original offer of $2 ̷...
Posted: Apr 05, 2023
Media giant Time Inc. has been denied insurance to help cover its $4.98 million settlement of two class actions that accused the publisher of using misleading magazine subscription automatic renewals. The U.S. District Court in Manhattan has granted...
Posted: Apr 05, 2023
A lawsuit against the University of Delaware over its campus shutdown and halting of in-person classes because of coronavirus can proceed as a class action on behalf of thousands of students who were enrolled and paid tuition in spring 2020, …
Posted: Apr 05, 2023
Amwins Access launched its new Excess Wildfire Product, which is intended to complement a self-insured retention plan or the California FAIR plan or a similar plan. The product is written in partnership with PartnerRe Insurance Solutions Bermuda Ltd....
Posted: Apr 04, 2023
For the third time in five months, federal safety inspectors responded to a Portsmouth, Ohio hardwood flooring mill to investigate reports of unsafe machinery. Two of those inspections involved worker’s injuries, the latest on Oct. 5, 2022, whe...
Posted: Apr 04, 2023
One General Agency (OGA) of Oklahoma City announced that it has acquired Jaeger + Haines, Inc., a wholesale broker in Fayetteville, Arkansas. Since 1976, Jaeger + Haines has served agents across Arkansas, Missouri, Oklahoma, and Tennessee, writing ex...
Posted: Apr 04, 2023
Tanabe to Succeed Ruser as WCRI CEO The Workers Compensation Research Institute (WCRI) has named Executive Vice President Ramona Tanabe as CEO as of May 1. She succeeds John Ruser, who has served in the position since 2015 and will …
Posted: Apr 04, 2023
Tanabe to Succeed Ruser as WCRI CEO The Workers Compensation Research Institute (WCRI) has named Executive Vice President Ramona Tanabe as CEO as of May 1. She succeeds John Ruser, who has served in the position since 2015 and will …
Posted: Apr 04, 2023
National specialty insurance broker Risk Strategies has acquired May, Bonee & Clark Insurance, a Connecticut-based business and personal insurance, employee benefits and risk management firm. The firm also offers securities and investment advisor...
Posted: Apr 04, 2023
DOXA Insurance Holdings, an Indiana firm, has expanded its stable of distribution companies with the recent acquisition of Georgia-based Preferred Aviation Underwriters, a managing general agent. PAU, headquartered in Duluth, Georgia, was founded in...
Posted: Apr 04, 2023
A longtime Las Vegas attorney was indicted on federal charges that he orchestrated a $460 million Ponzi scheme spanning multiple states, from Nevada and Utah to California and Arizona. The eight-count indictment accusing Matthew Wade Beasley of wire...
Posted: Apr 04, 2023
The U.S. Virgin Islands wants to expand its lawsuit accusing JPMorgan Chase & Co of aiding in Jeffrey Epstein’s sex trafficking in girls and young women, adding a new obstruction charge and a claim that bank executives joked about the ̷...
Posted: Apr 04, 2023
McDonald’s Corp. is the latest company asking staff to work from home during layoffs, a practice that has sparked criticism from other companies’ employees and management experts. The fast-food chain told corporate staff to work remotely...
Posted: Apr 04, 2023
A freight train carrying iron ore derailed in a remote area of the Mojave Desert but there were no injuries, authorities said. The San Bernardino County Fire Protection District said in a tweet that “numerous” cars derailed. “No cur...
Posted: Apr 04, 2023
The insurance industry is attempting to modernize war exclusions to address the 21st century risk of state-sponsored cyber operations. It has proven to be a challenging project. Many current war exclusions date back to the 1930s. They arise from the...
Posted: Apr 04, 2023
State Farm must pay an uninsured motorist claim for injuries caused by an electric motor scooter even though the scooter didn’t match the definition of “motor vehicle” in Florida statutes, a panel of the 11th Circuit Court of Appeal...
Posted: Apr 04, 2023
State Farm must pay an uninsured motorist claim for injuries caused by an electric motor scooter even though the scooter didn’t match the definition of “motor vehicle” in Florida statutes, a panel of the 11th Circuit Court of Appeal...
Posted: Apr 04, 2023