Insurance Journal
This post is part of a series sponsored by IAT Insurance Group. Working in DEI means one of my main objectives is to contribute to the changes I want to see for the insurance industry overall — and for our …
Posted: Feb 24, 2023
A law firm that has made a multibillion-dollar business out of suing auto and liability insurers for Medicare reimbursement payments may have met its match in Florida’s notice-of-intent-to-sue requirements. A panel of the U.S. 11th Circuit Cour...
Posted: Feb 24, 2023
Pennsylvania House Democrats put their freshly minted majority status to work this week in shutting down Republican efforts to make changes to legislation designed to let victims of childhood sexual abuse file otherwise outdated lawsuits. After the w...
Posted: Feb 24, 2023
A referendum campaign aimed at ensuring independent shops have the information needed to repair newer cars has qualified for the November ballot. The secretary of state announced Tuesday that 74,686 signatures were validated for “Automotive Rig...
Posted: Feb 24, 2023
The best position that promises the most growth and best opportunities from which to launch a budding insuring cannabis career is? Broker? Claims professional? An informal poll conducted on LinkedIn showed that underwriter was the position of choice...
Posted: Feb 24, 2023
Phil Regan sued the New York Mets and former general manager Brodie Van Wagenen, alleging age discrimination and wrongful termination when he was moved out as pitching coach after the 2019 season. Regan, a former big league pitcher who turns …
Posted: Feb 24, 2023
The Vermont Legislature is considering a proposal that would end an exemption to the state’s child abuse and neglect reporting laws for members of the clergy. On Wednesday, the Vermont Senate Judiciary Committee held the first of what could be...
Posted: Feb 24, 2023
ALKEME acquired the ACW Group in Honolulu, Hawaii. ACW Group is headquartered out of Oahu, with California offices in San Francisco and La Quinta. It was established in 2009 by Russell Akamine, Kirk Christman and Jeffrey Wall, and has 20 …
Posted: Feb 23, 2023
New York-based SterlingRisk, a privately held insurance broker, has acquired Worldwide Insurance Group, headquartered in Coral Gables, Florida. Worldwide’s founder and president, Anthony Ruidiaz, will become managing director of SterlingRisk of...
Posted: Feb 23, 2023
Liberty Mutual Names Orloff President, Global Risk Solutions North America, Middle Market Liberty Mutual Insurance has appointed Marc Orloff as president of Global Risk Solutions (GRS) North America, middle market. Liberty is headquartered in Boston,...
Posted: Feb 23, 2023
The University of Texas System’s board of regents said Wednesday it has put a pause on all new policies that promote diversity, equity and inclusion at its 13 university and health campuses and asked all school leaders to provide a …
Posted: Feb 23, 2023
Two workers at a North Texas dental practice will share $15,706 in back wages to be paid by the dentists who fired them for raising concerns about COVID-19 safety measures in Spring 2020, following a federal whistleblower investigation and litigation...
Posted: Feb 23, 2023
Calling the trend “worrying,” J.D. Power’s new property claims satisfaction report indicated that insurers’ digital tools to speed the claims process are not pleasing homeowners insurance customers, especially for longer-tail...
Posted: Feb 23, 2023
MINNEAPOLIS (AP) – States in the northern plains are largely shutting down ahead of a massive winter storm that could dump up to 2 feet of snow in some areas, accompanied by strong winds and dangerously cold temperatures. The blizzard-like …
Posted: Feb 23, 2023
Norfolk Southern NSC.N will take responsibility for cleaning up the environmental damage from this month’s train derailment and controlled detonation of hazardous materials in East Palestine, Ohio, its chief executive said on Wednesday. The com...
Posted: Feb 23, 2023
Qorus and Accenture have launched the eighth Innovation in Insurance Awards, inviting insurers and insurtechs to submit their entries in a global competition that celebrates innovation that is transforming the industry. The awards program was launche...
Posted: Feb 23, 2023
Calling embedded insurance the “next secular trend in distribution,” Root Inc. CEO Alex Timm in a letter to shareholders said the company has an advantage to scale access in the channel and become profitable. Root reported a net loss of &...
Posted: Feb 23, 2023
Chubb announced the name for its new global climate business unit, Chubb Climate+, while appointing three executives who have joined the business unit’s leadership team. Chubb Climate+, which was launched in January, will provide insurance prod...
Posted: Feb 23, 2023
More than 180 workers at a North Carolina company will receive about $1,000 each in overtime pay after the U.S. Department of Labor found that the workers had been misclassified as independent contractors. “Employers who improperly misclassify...
Posted: Feb 23, 2023
Investigators probing a fatal 2021 Amtrak derailment in Montana disclosed that the railroad track was bent along a curve near the accident site, and the problem got worse as freight trains traveled over the area before the crash. Details on …
Posted: Feb 23, 2023
A tanker that was detained by Spain and accused of discharging fuel in open waters near the northeastern port city of Tarragona did not cause any pollution and followed regulations, its Turkish manager said on Wednesday. Spanish authorities said on &...
Posted: Feb 23, 2023
Executives of insurtech Lemonade say they’re slowing down growth in 2023, as the company waits for regulators to approve rate hikes needed to keep up with inflation. “So long as these mismatched pockets persist, our growth will be more mu...
Posted: Feb 23, 2023
The European Commission is suspending Chinese short video-sharing app TikTok from its employees’ corporate phones, EU industry chief Thierry Breton said on Thursday, citing a focus on cybersecurity. Breton however declined to give further detai...
Posted: Feb 23, 2023
A South Florida art dealer pleaded guilty in federal court Tuesday in connection with a scheme involving the sale of fake Andy Warhol paintings. Daniel Elie Bouaziz, 69, pleaded to a single count of money laundering in Fort Pierce federal …
Posted: Feb 23, 2023
The economic and insured losses from the earthquakes that hit southern Turkey on Monday, Feb. 6 continue to escalate as damage information and data keeps pouring in. The catastrophe risk modeling firm Moody’s RMS estimated on Feb. 23 that econo...
Posted: Feb 23, 2023