Insurance Journal
The UK government is in talks to speed the implementation of a flagship insurance reform to release £100 billion ($121 billion) of capital for investment, after months of clashes over the plans and frustration about the slow pace of change. …
Posted: Feb 10, 2023
Former insurance producer Oscar Sanchez of Marshalltown was recently sentenced in Marshall County District Court after pleading guilty to his actions in an insurance fraud scheme. Sanchez pled guilty on December 8th, 2022, to three counts of Insuranc...
Posted: Feb 10, 2023
Austin, TX., February 10, 2023 — The National Alliance for Insurance Education & Research proudly announces the first phase of virtual reality experiences within their acclaimed insurance and risk management courses. Unveiled at their recent Cult...
Posted: Feb 10, 2023
The Texas Department of Insurance, Division of Workers’ Compensation (DWC) is accepting public comments on a proposed rule to amend 28 Texas Administrative Code Section 165.1. The changes would add Texas Mutual’s physical address, update...
Posted: Feb 10, 2023
Zurich Insurance Group reported net income attributable to shareholders of $4.6 billion in 2022, a 12% decrease from $5.2 billion in 2021, which was driven mainly by a lower level of capital gains, net losses on divestment of businesses and …
Posted: Feb 10, 2023
Zurich Insurance Group reported net income attributable to shareholders of $4.6 billion in 2022, a 12% decrease from $5.2 billion in 2021, which was driven mainly by a lower level of capital gains, net losses on divestment of businesses and …
Posted: Feb 10, 2023
The expansion of the insurance value chain to include risk mitigation has been underway for decades. But in recent years, it’s been rapidly progressing toward a tipping point where the “insurance” sector brand will be reinvented as...
Posted: Feb 10, 2023
Louisiana Insurance Commissioner Jim Donelon announced that the 30-day application period for insurance companies to apply for Insure Louisiana Incentive Program funding is now open. Insurance companies that are interested in participating can learn...
Posted: Feb 10, 2023
Aura Risk Management Introduces Morrison as Senior Vice President Aura Risk Management & Insurance Services, a member of The Liberty Company Network of Insurance Brokers, has brought aboard Eric Morrison as senior vice president. Morrison will be...
Posted: Feb 10, 2023
CHICAGO – Monro, Inc., owner and operator of more than 1,000 auto care locations across the country, will pay $200,000 and provide other relief to resolve a sexual harassment lawsuit filed by the U.S. Equal Employment Opportunity Commission (EEOC), t...
Posted: Feb 10, 2023
Three days before the Super Bowl, the National Football League faces a proposed class action lawsuit by former players who claim its disability plan prevents them from getting the treatment they need. Ten former pros allege in the suit, filed …
Posted: Feb 10, 2023
Insurance Office of America (IOA) has appointed Jeff Lagos as CEO and Rob Motley as president in addition to their continuing roles on the IOA Board of Directors. Lagos has been president since 2003 of IOA, the fourth largest privately …
Posted: Feb 10, 2023
Insurance companies in Florida may have to disclose their financial relationships with expert witnesses, but they don’t have to turn over their entire claims files and field adjusters’ notes, at least in some cases. Florida’s 4th Di...
Posted: Feb 10, 2023
Insurance companies in Florida may have to disclose their financial relationships with expert witnesses, but they don’t have to turn over their entire claims files and field adjusters’ notes, at least in some cases. Florida’s 4th Di...
Posted: Feb 10, 2023
The family of a Virginia Commonwealth University fraternity pledge who died from alcohol poisoning in a 2021 hazing is suing the fraternity for $28 million. A police investigation found that Adam Oakes, a 19-year-old who had received a bid to …
Posted: Feb 10, 2023
The National Football League’s Philadelphia Eagles football team has failed to score a victory in a disability case involving former linebacker Emmanuel Acho who suffered thumb injuries in 2015 while with the team. The 2023 Super Bowl team disp...
Posted: Feb 10, 2023
Robert Meseer, 69, of Westminster, California, was sentenced this week after pleading guilty to 55 felony counts of grand theft, insurance fraud and forgery. Meseer was sentenced to three years of supervised formal probation and ordered to pay $92,14...
Posted: Feb 10, 2023
A Roman Catholic Diocese that covers central Massachusetts has published a new report about clergy sexual abuse of minors between 1950 and 2022, but unlike similar reports released by many other dioceses, the report did not include the names of ̷...
Posted: Feb 10, 2023
Humboldt County authorities have released the latest statistics on recovery from the December earthquake and aftershocks that struck the Northern California coast. Roughly 91 structures have been red-tagged as unsafe to occupy and more than 300 struc...
Posted: Feb 10, 2023
A report released this month by New York State Insurance Fund found that 31% of workers who filed claims for COVID-19 continued medical treatment or took time off work more than 60 days after the initial infection. NYSIF’s report is …
Posted: Feb 10, 2023
New figures show car sales in California continue to slowly return to pre-pandemic levels, which the state’s auto insurers believe is another indication the state’s insurance regulator needs to approve more rate filings. The California Ne...
Posted: Feb 09, 2023
A bill proposed by an Illinois lawmaker this week would prohibit auto insurers from setting rates based on credit score, race and sex among other criteria, an action that the insurance industry says would drive down competition and increase rates. &#...
Posted: Feb 09, 2023
A bill proposed by an Illinois lawmaker this week would prohibit auto insurers from setting rates based on credit score, race and sex among other criteria, an action that the insurance industry says would drive down competition and increase rates. &#...
Posted: Feb 09, 2023
A bill introduced last week by a Texas lawmaker would require law enforcement officers in the state to carry liability insurance as a condition of employment. Rep. Jolanda Jones, D-Houston, proposed House Bill No. 1808, which states a law enforcement...
Posted: Feb 09, 2023
The families of two students at a Newport News, Virginia elementary school where a 6-year-old shot and wounded his teacher have filed notices of potential legal action against the school system over trauma they say the shooting inflicted on their ...
Posted: Feb 09, 2023