Thu, 27 Jun 2019 04:37:03 +0000
An insurer that extended its workers’ compensation coverage for 90 days after discovering the employer had violated the terms of its policy could not then deny coverage for a claim on the grounds that those terms had been violated, the …
Wed, 26 Jun 2019 20:06:06 +0000
Lilibeth Brulotte, a former Washington insurance agent, pleaded guilty in Pierce County Superior Court to third-degree theft in connection with writing fake auto insurance policies. Brulotte’s sentence was deferred for two years and will be dismissed i...
Wed, 26 Jun 2019 19:00:25 +0000
The Supreme Court has ruled that an injured merchant seaman can’t seek punitive damages based on the common-law maritime claim of unseaworthiness. The ruling settled a difference of opinion in the courts over whether punitive damages are available for ...
Wed, 26 Jun 2019 18:27:36 +0000
The Workers’ Compensation Insurance Rating Bureau of California on Wednesday submitted a Jan. 1, 2020, regulatory filing to the California Insurance Commissioner. The filing contains the following proposals: Amendments to the California Workers’ Compen...
Wed, 26 Jun 2019 18:22:52 +0000
Third Point Reinsurance Ltd. has entered into a relationship with Noblr Inc. through a combination of a minority equity investment and reinsurance, the company announced. Terms of the deal weren’t disclosed. San Francisco, Calif.-based Noblr is a techn...
Wed, 26 Jun 2019 16:57:48 +0000
The U.S. Supreme Court on Monday agreed to hear a bid by Georgia lawmakers to win federal copyright protection for an annotated version of the state’s legal code and to decide whether state and local governments can sue people who …
Wed, 26 Jun 2019 16:51:29 +0000
A federal judge in Texas has sanctioned a Philadelphia-based law firm for knowingly violating court orders and ignoring a subpoena to produce documents relevant to lawsuits filed by 15 women against Baylor University. U.S. District Judge Robert Pitman ...
Wed, 26 Jun 2019 16:38:10 +0000
Most of a $1.25 million settlement will go to residents of a mid-Michigan city who sued after sewage flooded their basements six years ago. The Lansing State Journal reported that the Lansing City Council agreed to the settlement, which allows …
Wed, 26 Jun 2019 16:35:34 +0000
A woman accused of setting fire to a bar she was buying in central Nebraska has taken a plea deal. Custer County District Court records say 54-year-old Jane Chestnutt pleaded guilty last week to criminal mischief and attempted arson. Prosecutors …
Wed, 26 Jun 2019 16:26:54 +0000
A new federally led study of oil seeping from a platform toppled off Louisiana’s coast 141/2 years ago found releases lower than other recent estimates, but contradicts the well owner’s assertions about the amount and source of oil. Oil and …
Wed, 26 Jun 2019 16:23:40 +0000
Former Dayton, Ohio-area insurance agent and investment adviser has been sentenced to five years in prison after being convicted of insurance fraud and conducting a “Ponzi” scheme targeting elderly consumers. The Ohio Department of Insurance reported t...
Wed, 26 Jun 2019 16:20:37 +0000
Louisiana Insurance Commissioner Jim Donelon says insurance discounts and benefits are available in the state for active duty service members and veterans of the United States Armed Forces both during and after their tour of duty. The following benefit...
Wed, 26 Jun 2019 14:29:07 +0000
The family of a Washington man who died in a house fire has filed a lawsuit against a public utility. The Everett Herald reported that the family of 93-year-old Glen Allen filed the wrongful death lawsuit against the Snohomish County …
Wed, 26 Jun 2019 14:25:38 +0000
Climate change in the Western U.S. means more intense and frequent wildfires churning out waves of smoke that scientists say will affect tens of millions of people and cause premature deaths to spike. That’s prompting people in cities and rural …
Wed, 26 Jun 2019 14:20:59 +0000
A committee of bondholders of PG&E Corp.’s utility unit on Tuesday proposed a bankruptcy reorganization plan that would inject up to $30 billion to help the California power provider emerge from Chapter 11 and pay off its liability from wildfires. …
Wed, 26 Jun 2019 14:09:07 +0000
Catastrophe risk modeling firm AIR Worldwide announced it has released an expanded inland flood model for Central Europe to include the country of Poland in its model domain. AIR also announced that it has updated the storm surge component of …
Wed, 26 Jun 2019 13:03:49 +0000
While the United States’ stable job market and regulatory environment have kept employee benefits offerings steady, some benefits such as student loan repayment, paternity leave, telecommuting, standing desks and telemedicine are gaining notable upward...
Wed, 26 Jun 2019 12:47:40 +0000
The billionaire owners of Purdue Pharma LP must face a New York lawsuit claiming they triggered the U.S. opioid epidemic, a judge ruled, handing an early victory to states and local governments seeking to recoup billions of dollars in social …
Wed, 26 Jun 2019 12:16:02 +0000
Specialty insurer Beazley has hired two cyber and technology underwriters in the U.S. to meet growing demand from middle market businesses for insurance cover for cyber, data security and privacy exposures. Jennifer Lushbough Beard joins Beazley from C...
Wed, 26 Jun 2019 11:59:59 +0000
A judge backed a push by U.S. cities and counties suing opioid makers such as Purdue Pharma LP and Johnson & Johnson to negotiate a settlement as a group but put off until August a final decision on the request. …
Wed, 26 Jun 2019 11:55:25 +0000
A man who drove for Uber in New York City has been sentenced to three years in federal prison for abducting a woman who fell asleep inside his vehicle. A judge Monday also ordered Harbir Parmar to pay more than …
Wed, 26 Jun 2019 11:52:20 +0000
A hotel’s insurance company has sued a high school student it claims caused more than $690,000 in damage by activating a sprinkler inside one of its rooms. The Virginian-Pilot reports Landstown High School senior Cade Anderson stayed at the hotel …
Wed, 26 Jun 2019 11:48:07 +0000
A fire in a Philadelphia refinery struck by explosions and a pre-dawn blaze last week has now been extinguished as an investigation is launched into what caused it, authorities said. The blaze at the Philadelphia Energy Solutions Refining Complex, the …
Wed, 26 Jun 2019 11:20:01 +0000
Berkshire Hathaway Specialty Insurance (BHSI) announced it has expanded its team in the UK with the appointment of Mark Walker as head of Customer and Broker Engagement. “I’m extremely pleased to have Mark leading our efforts to expand our broker …
Wed, 26 Jun 2019 11:05:21 +0000
Arthur J. Gallagher & Co. announced it has signed an agreement to purchase a minority stake in Prague-based Renomia. The deal is subject to regulatory approval and is expected to close in the third quarter of 2019. Financial details of …
Wed, 26 Jun 2019 10:45:30 +0000
Hackers broke into the systems of more than a dozen global telecom firms and stole huge amounts of data in a seven-year spying campaign, researchers from a cyber security company said, identifying links to previous Chinese cyber-espionage activities. I...
Wed, 26 Jun 2019 10:32:22 +0000
A group of Lloyd’s underwriters has launched a new facility with £53 million ($67.5 million) of capacity that is designed to speed up re/insurance product development for new and emerging risks. The Product Innovation Facility is led by senior underwr...
Wed, 26 Jun 2019 06:00:44 +0000
A group of former traders and managers at American International Group Inc. won a London judge’s backing in their battle to obtain $100 million dating back to the financial crisis, after he said that the insurance giant couldn’t put forward …
Wed, 26 Jun 2019 05:55:44 +0000
A Michigan jury has awarded more than $3 million to a woman who was misdiagnosed with epilepsy, one of hundreds of people to accuse a Detroit-area doctor of misreading tests to enrich himself and his employer. Dr. Yasser Awaad was …
Wed, 26 Jun 2019 05:00:53 +0000
As Congress bears down on big tech companies, two senators want to force giants like Google, Facebook and Amazon to tell users what data they’re collecting from them and how much it’s worth. The legislation floated this week by Sens. …