Insurance Journal
The Texas Department of Insurance Division of Workers’ Compensation (DWC) updated COVID-19 workers’ compensation claims data, with insurance carriers reporting 98,000 COVID-19 claims and 468 fatalities through February 2023. DWC put out a...
Posted: Mar 31, 2023
FORT WORTH, Texas (AP) – Six people, five of them children, were hospitalized in critical condition after being exposed to carbon monoxide, apparently from a running vehicle at their home, according to fire officials in Fort Worth, Texas. Fire...
Posted: Mar 31, 2023
Federal workplace safety inspectors have found that Security-Luebke Roofing Inc. – one of Fox Valley’s largest roofing general contractors – allowed a roofing subcontractor to expose workers to potentially deadly falls at an Appleton, Wisconsin...
Posted: Mar 31, 2023
CHICAGO (AP) – A Cook County jury awarded nearly $5 million Wednesday to the family of an 84-year-old retired teacher who was killed when a police cruiser crashed into a police van and careened into a car in which she …
Posted: Mar 31, 2023
RAYMOND, Minn. (AP) – A train hauling ethanol and corn syrup derailed and caught fire in Minnesota early Thursday and nearby residents were ordered to evacuate their homes, authorities said. The BNSF train derailed in the town of Raymond, rough...
Posted: Mar 31, 2023
Prashanth Gangu has been named president of cyber insurtech Corvus Insurance. Most recently president of the insurance and services division and chief operating officer of SiriusPoint, Gangu has more than 20 years of experience in the insurance indus...
Posted: Mar 31, 2023
AmTrust Financial Services, Inc. has hired Michael Tripp as regional vice president, head of MidAmerica region. Tripp joins New York, New York-based AmTrust from Chubb, where he spent the last four years as national vice president, small business sal...
Posted: Mar 31, 2023
The U.S. Justice Department filed a lawsuit late Thursday against Norfolk Southern Corp. to ensure that the company pays the full cost of cleanup and any long-term effects of the derailment in Ohio of one of its freight trains in …
Posted: Mar 31, 2023
Massachusetts regulators have opened an investigation into sales of company stock by top executives at First Republic Bankin the weeks leading up to the recent banking turmoil. Massachusetts’ Secretary of the Commonwealth William Galvin told Re...
Posted: Mar 31, 2023
AM Best has revised the outlooks to negative from stable and affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) of Northern Neck Insurance Co. of Irvington, Virginia. AM Bes...
Posted: Mar 31, 2023
A San Diego jury has awarded more than $46 million to a man who suffered a catastrophic spinal injury during a beginner jiu-jitsu class five years ago, attorneys said. Jack Greener was enrolled at Del Mar Jiu-Jitsu Club in 2018 …
Posted: Mar 31, 2023
The free digital tool that the US government gives communities to help evaluate local risks from 18 natural hazards is getting a makeover. The Federal Emergency Management Agency introduced the National Risk Index last summer. Aimed primarily at plan...
Posted: Mar 31, 2023
A broken bottle of whipped cream-flavored vodka may have turned into a just dessert for an Orlando-area woman who allegedly filed false insurance claims. Florida authorities announced Thursday that Anita Jovic, of Seminole County, has been charged wi...
Posted: Mar 31, 2023
Board members picked by Florida Gov. Ron DeSantis to oversee the governance of Walt Disney World said Wednesday that their Disney- controlled predecessors pulled a fast one on them by passing restrictive covenants that strip the new board of many ...
Posted: Mar 31, 2023
R&Q Insurance Holdings Ltd., the non-life global specialty insurance company that focuses on program management and legacy insurance businesses, announced that CEO Alan Quilter will retire at the end of 2023 and is stepping down immediately to ru...
Posted: Mar 31, 2023
Britain on Thursday launched a long-awaited consultation on reforming rules brought in after the global financial crisis to make top bankers accountable for their decisions, saying a globally competitive finance sector is key to economic growth. Brit...
Posted: Mar 31, 2023
This edition of International People Moves details appointments at Everest Insurance and two brokers BMS and Miller. A summary of these new hires follows here. Everest Insurance Taps Chubb’s Chaves to Lead Mexico Operations Everest Insurance, t...
Posted: Mar 31, 2023
Gallagher will launch its first direct presence in Sweden on Monday, April 3, following the integration and rebranding of its three individual Swedish businesses Brim, Nordic and Proinova. Gallagher acquired Brim in 2016, followed by Nordic in 2017 a...
Posted: Mar 31, 2023
Porsche Automobil Holding SE won a crucial ruling in a €900 million ($976 million) class-action style lawsuit from investors who claimed the company should have warned shareholders about the diesel-emission software rigging at Volkswagen AG. The Stut...
Posted: Mar 31, 2023
Britain’s finance ministry set out plans on Thursday to meet its target of becoming the world’s first net-zero aligned financial center, proposing measures to stamp out so-called greenwashing in financial markets and channel cash into sus...
Posted: Mar 31, 2023
Walmart Inc. was sued on Thursday by the U.S. Equal Employment Opportunity Commission (EEOC), the agency’s second lawsuit this week accusing the largest U.S. retailer of discrimination against workers with disabilities. The EEOC said Walmart il...
Posted: Mar 31, 2023
Spring break is here, and summer vacations are just around the bend. But while increasingly stressed-out US workers say having paid time off is critical, many still don’t even take all that they’re allowed. Only 48% of US workers say R...
Posted: Mar 31, 2023
Richemont is building a digital platform to help police forces worldwide fight theft of luxury watches and jewelry. The platform is open to the entire luxury industry and owners can register their collections using the brand and serial numbers, the &...
Posted: Mar 31, 2023
Three Florida insurance carriers, one large and two small, are seeking approval for major rate increases, with one condominium policy increase as high as 103%. Citizens Property Insurance Corporation’s board of governors this week voted to file...
Posted: Mar 31, 2023
Three Florida insurance carriers, one large and two small, are seeking approval for major rate increases, with one condominium policy increase as high as 103%. Citizens Property Insurance Corporation’s board of governors this week voted to file...
Posted: Mar 31, 2023