1 month 1 week ago
A preschool’s insurance carrier is partly obligated to defend a child abuse negligence suit, despite alleged criminal acts. And an employer’s share of attorney fees must be deducted from the amount available from subrogation—not from the full settlement amount in …
William Rabb
1 month 1 week ago
Harvard Medical School says it agreed to pay $53 million to settle class action lawsuits by relatives of body donors whose remains were sold on the black market by its former morgue manager. Harvard Medical School Deans George Q. Daley …
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1 month 1 week ago
A federal judge has approved a $117.5 million data breach settlement against Comcast Cable Communications. The agreement represents one of the largest data breach settlement amounts and, with 31.7 million potential members, one of the largest classes in a data …
Andrew G. Simpson
1 month 1 week ago
Los Angeles is bracing for a lengthy heat wave as the weather system that’s cooked Texas expands westward and begins stripping moisture from Southern California’s terrain. Heat alerts stretch from Santa Barbara along California’s central coast to the U.S.-Mexico border …
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1 month 1 week ago
AM Best has upgraded the Long-Term Issuer Credit Rating (Long-Term ICR) to “a+” (Excellent) from “a” (Excellent) and affirmed the Financial Strength Rating (FSR) of A (Excellent) of Kinsale Insurance Company (Kinsale) based in Little Rock, Arkansas. The outlook of …
1 month 1 week ago
The Texas Department of Insurance (TDI) announced Michelle Kranes as deputy commissioner of the Strategy and Performance Division on August 17. Kranes will oversee the division that supports TDI’s strategic planning, performance and risk management, and process improvement through technology, …
1 month 1 week ago
Minnesota health officials are warning consumers not to eat certain brands of alfalfa sprouts that have been tied to an unusual outbreak involving different disease-causing bacteria. Officials say 23 people in Minnesota have become ill with either E. coli or …
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1 month 1 week ago
The U.S. Department of Labor has cited a Wisconsin-based food products manufacturer after two incidents involving industrial kettles releasing hot steam and liquid, causing three worker deaths and two serious injuries. Investigators with the department’s Occupational Safety and Health Administration …
1 month 1 week ago
A Texas court on Friday slashed a $50 million judgment that conspiracy theorist Alex Jones was ordered to pay families of the 2012 Sandy Hook Elementary School massacre over his false claims that one of the deadliest mass shootings in …
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1 month 1 week ago
Clear Group Buys Lloyd’s Wholesale Broker Newman Pearce & Partners The Clear Group, the London-based independent insurance intermediary, announced the acquisition of Newman Pearce & Partners LLP (NPP), a specialist Lloyd’s wholesale broker, further strengthening its presence in the London …
1 month 1 week ago
A new study suggests that some drivers feel speeding is okay despite the risks, according to the AAA Foundation for Traffic Safety (AAAFTS). While most drivers agreed that posted speed limits are appropriate, many also considered driving 10 mph over …
1 month 1 week ago
Scientists have recorded the highest temperature ever measured in the world’s oceans, as climate change combines with a powerful El Niño in the tropical Pacific.The global average sea-surface temperature hit a record 21.1C (70F) on Aug. 22, according to Europe’s …
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1 month 1 week ago
Insurance Journal’s Risky Future series is hosting the “AI Tools for BPO & Consulting” Demo Day, a series of free AI tool demonstrations designed exclusively for Carriers, MGAs, Retail Agencies and Operations Executives. This event spotlights AI solutions that focus …
1 month 1 week ago
USI Insurance Services has sued three former producers, who “reneged on their contractual obligations” in a move to competitor Howden US, the brokerage alleged. According to a lawsuit filed earlier this month in U.S. District Court for the Eastern District …
Chad Hemenway
1 month 1 week ago
The family of a Miami restaurateur say they are “devastated and heartbroken” after he and six others were killed by a safari helicopter crash in a remote part of northern Kenya. A helicopter crashed Wednesday morning while flying from the …
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1 month 1 week ago
An Alabama jury on Thursday awarded $9.25 million in damages after finding that The New York Times defamed a college basketball player by incorrectly reporting that he was at the scene of a fatal shooting in Tuscaloosa. Kai Spears, who …
1 month 1 week ago
Germany’s top security official confirmed the discovery of a cache of weapons on the outskirts of Berlin and said authorities are investigating the possible involvement of foreign security agents in a range of planned attacks. The revelation by Interior Minister …
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1 month 1 week ago
A former Virginia insurance agent pled guilty last week to wire fraud related to a scheme to pocket the premiums he was paid for policies he sold. According to court documents, Thomas Robert Hoyt, of Melfa, told certain clients to …
1 month 1 week ago
Scandal-plagued KPMG Australia is cutting almost 400 jobs as it grapples with the fallout from allegations it misused confidential client information to win business and as demand for consulting services slows. The consultancy giant will reduce its workforce by about …
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1 month 1 week ago
Londoners are facing historic levels of subsidence risk after five successive heat waves dried out the clay soil on which much of the city is built. Insurance claims tied to subsidence — a phenomenon associated with bouts of hot, dry …
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