Wed, 24 Feb 2021 23:03:51 +0000
Zandra Monterrozo, 44, of Corona, Calif., pleaded guilty and was sentenced for her involvement in an organized ring that intentionally staged vehicle collisions to collect more than $135,000 in insurance payouts. Eleven other suspects have been either ...
Wed, 24 Feb 2021 19:30:47 +0000
The Washington State Supreme Court has ruled that an employer can be charged with a felony in connection with a workplace fatality. The recent decision clears the way for the King County Prosecutor to move forward with second-degree manslaughter charges …
Wed, 24 Feb 2021 19:25:56 +0000
The Fire Victim Trust has filed a lawsuit in San Francisco Superior Court against certain former officers and directors of PG&E Corp. and Pacific Gas and Electric Co. for their role in causing the catastrophic 2017 North Bay Fires and …
Wed, 24 Feb 2021 17:51:26 +0000
An investigation into a ransomware attack on a North Carolina county’s computer network showed personal information posted for sale on the “dark web,” the county said. The Chatham County network was hit on Oct. 28 with ransomware that originated in …
Wed, 24 Feb 2021 17:45:37 +0000
Rising temperatures began melting the snow and ice in Mississippi and Louisiana, but tens of thousands of people still had little or no water service Monday, some waiting a week for restoration since the outages began during an extended freeze. …
Wed, 24 Feb 2021 17:37:55 +0000
Baker Hughes Co and AXA Group and 16 other companies recently quit work on Russia’s Nord Stream 2 natural gas pipeline and will not be sanctioned, according to a document the Biden administration sent to Congress last week which was …
Wed, 24 Feb 2021 17:34:33 +0000
Federal workplace safety officials have cited a Missouri-based auto parts manufacturer for failing to maintain safe workplace conditions after worker tested positive for coronavirus and subsequently died of COVID-19, the disease caused by the virus. Tw...
Wed, 24 Feb 2021 17:25:40 +0000
A Michigan-based aerospace components manufacturer will pay $60,000 and provide other relief to settle a federal age discrimination lawsuit, officials say. According to the lawsuit filed by the U.S. Equal Employment Opportunity Commission (EEOC), Unite...
Wed, 24 Feb 2021 17:19:29 +0000
Kapnick Insurance Group, based in Ann Arbor, Michigan, has hired Keith Tubergen as vice president and transportation practice leader. Tubergen joins Kapnick with 26 years of experience in the towing industry. In addition to his towing and general busin...
Wed, 24 Feb 2021 17:15:12 +0000
A federal judge denied Society Insurance’s motions to dismiss three “bellwether” lawsuits filed by hospitality businesses that were denied coverage for revenue lost because of COVID-19 public health orders. U.S. District Judge Edmond Chang in Chicago, ...
Wed, 24 Feb 2021 15:12:15 +0000
More vaccines are headed to California’s vast Central Valley, an agricultural region whose workers and residents have been hard hit by coronavirus, Gov. Gavin Newsom said Monday. The multi-county region, which includes the cities of Fresno and Bakersfi...
Wed, 24 Feb 2021 15:09:35 +0000
The widow and a friend of a man killed in an avalanche at a Lake Tahoe ski resort last year have filed separate lawsuits accusing the resort of negligently rushing to open the slopes in unsafe conditions for a holiday …
Wed, 24 Feb 2021 14:36:59 +0000
A construction worker was injured when a gasket burst and struck him in the head at a college in northern New Jersey, authorities said. Workers were conducting a standard pressure test on a chiller line in the Learning Commons Library …
Wed, 24 Feb 2021 14:36:48 +0000
A bipartisan group of senators on Tuesday recommended that the U.S. consider requiring companies to disclose when they have been hacked. At the first public hearing before Congress since a massive cyber-attack by suspected Russian hackers was disclosed...
Wed, 24 Feb 2021 14:35:13 +0000
A suspect has been arrested in a fatal shooting last June in a Meriden hotel, police said. Trevor Outlaw, 33, was arrested Friday in the June 21, 2020 death of Giovanni Rodriguez at the Comfort Inn on East Main Street, …
Wed, 24 Feb 2021 14:32:27 +0000
The New York State Department of Financial Services (DFS) has appointed members to serve a three-year term on the New York State Insurance Advisory Board. Members of the board include representatives of the insurance industry and consumer advocates, as...
Wed, 24 Feb 2021 14:30:09 +0000
Allianz Global Corporate & Specialty (AGCS) has named Katie Fioretti as regional head of portfolio steering for financial lines in North America, effective immediately. She assumes the role from Alessandro Carriglio, now head of claims reporting and an...
Wed, 24 Feb 2021 14:28:15 +0000
France’s privacy watchdog said it’s investigating the leak of sensitive health data on half a million people and said the companies involved could face heavy penalties if they don’t come forward with details of the breaches. The leaks were of …
Wed, 24 Feb 2021 14:03:33 +0000
Finnish financial group Sampo plc is continuing its transformation into a pure insurance group with an announcement that it will substantially cut its 15.9% stake in Nordea Bank. Sampo’s board and management said the company will focus on high-quality ...
Wed, 24 Feb 2021 14:00:11 +0000
EPIC Insurance Brokers and Consultants announced organizational and restructuring changes across the company. Tom O’Neil has been named president of EPIC and will work directly with CEO Steve Denton to grow the business across its entire platform – f...
Wed, 24 Feb 2021 12:18:13 +0000
Michael Furtschegger has been appointed as global head of Entertainment at Allianz Global Corporate & Specialty (AGCS), reporting directly to Dr. Renate Strasse, AGCS SE board member and chief underwriting officer specialty. Based in Munich, Furtschegg...
Wed, 24 Feb 2021 11:39:13 +0000
All good money managers expect to outperform their benchmark, and by one such metric the French insurer and investor AXA SA recently scored a market-beating success. Not by delivering higher returns, but by generating a lower level of global warming. …
Wed, 24 Feb 2021 10:51:59 +0000
MILAN – Italy’s top insurer Generali said on Wednesday it launched a 3.5 billion euro ($4.26 billion) investment plan over five years to support the recovery of European countries hit by COVID-19. The plan, dubbed Fenice 190 to celebrate the …
Wed, 24 Feb 2021 10:38:11 +0000
Britain’s plans to change capital requirement rules for insurers following its departure from the European Union are about tailoring them to local conditions rather than any “gratuitous deregulatory agenda,” its financial services minister said. Britai...
Wed, 24 Feb 2021 07:35:03 +0000
Willis Towers Watson and Liberty Specialty Markets have partnered to offer reputational crisis insurance that enables organizations to transfer the financial risk associated with certain types of reputational crises and provides access to non-insurance...
Wed, 24 Feb 2021 07:27:45 +0000
Three bills currently working their way through the Florida Legislature are designed to tackle the rising costs of homeowner roof claims, the costs of attorney fees in homeowner’s claims and issues surrounding notice to insurance carriers. The proposed...
Wed, 24 Feb 2021 06:32:06 +0000
Bill Minick, founder of Texas-based workers’ compensation/workplace injury benefit risk management firm, PartnerSource, will retire at the end of March. Jennifer Hurless, president of PartnerSource, will continue in her current role leading the company...
Wed, 24 Feb 2021 06:00:58 +0000
Lawmakers in at least 23 states, often encouraged by vaccine skeptics, have proposed banning employers from requiring workers to get vaccinated against COVID-19 or other infectious diseases. Most bills are sponsored by Republicans, who say employees sh...
Wed, 24 Feb 2021 06:00:43 +0000
U.S. Federal Aviation Administration chief Steve Dickson warned on Tuesday of a changed industry in the wake of the COVID-19 pandemic that has shaken air travel over the past year and created new safety risks that must be addressed. “The …
Wed, 24 Feb 2021 06:00:07 +0000
Most professional liability insurers covering architects and engineers (A/E) achieved varied premium growth last year as the U.S. construction industry remained resilient during the COVID-19 pandemic. Yet, worsening claims experience is prompting these...