» Texas DWC Proposes Amendments Concerning Claims for Death Benefits
22/09/23 11:50 from Insurance Journal
The Texas Department of Insurance, Division of Workers’ Compensation (DWC) is proposing amendments to Texas Administrative Code concerning claims for death benefits. The amendments and new section allow eligible beneficiaries to file claims for death benefits with DWC or an …
» Family Accuses Texas School District of Violating Anti-Discrimination Law with Dreadlocks Suspension
22/09/23 11:37 from Insurance Journal
HOUSTON (AP) – The debate over whether a Black high school student in Texas should be serving in-school suspension for wearing twisted dreadlocks to class intensified this week as the student’s family and his school district both took legal action. …
» Former Minnesota Insurance Broker Charged with Fraud, Allegedly Earned $650,000 in Improper Commissions
22/09/23 11:30 from Insurance Journal
A former Minnesota insurance broker has been charged with fraud for allegedly inventing customers and fake Social Security numbers to earn nearly $650,000 in improper commissions. Kevin Anthony Meyers, 48, allegedly submitted hundreds of policy applications from fictitious customers while …
» Indiana Workplace Officials Investigate Death of Man Injured While Working on Machine at Evansville Plant
22/09/23 11:21 from Insurance Journal
EVANSVILLE, Ind. (AP) – Workplace safety officials are investigating the death of a southwestern Indiana man this week after he was injured at an Evansville plant. Christopher L. Payton, 59, died Monday after he suffered injuries “while working on a …
» Railroads Work to Make Sure First Responders Can Quickly Look Up What is on a Train After a Derailment
22/09/23 11:16 from Insurance Journal
OMAHA, Neb. (AP) – In the chaos after a Norfolk Southern train careened off the tracks and caught fire in eastern Ohio in February, it took roughly 45 minutes for firefighters to learn exactly which chemicals were involved. Now the …
» FTX Sues Sam Bankman-Fried’s Parents to Claw Back Funds
22/09/23 10:20 from Insurance Journal
The managers of bankrupt crypto exchange FTX sued the parents of co-founder and former Chief Executive Officer Sam Bankman-Fried to “recover millions of dollars in fraudulently transferred and misappropriated funds.” Allan Joseph Bankman and Barbara Fried allegedly exploited their access …
» Two Killed When Pickup Hits Amish Buggy in Upstate New York
22/09/23 09:33 from Insurance Journal
ALEXANDRIA, N.Y. (AP) — A pickup truck struck the back of an Amish buggy in northern New York, killing two children who were 1 and 3 years old and injuring four others, police said Thursday. A pickup truck driven by …
» Storm Could Bring Winds, Storm Surge to Carolina, Virginia
22/09/23 09:25 from Insurance Journal
A potential tropical storm, so far unnamed, was predicted to make landfill in North Carolina Saturday, then push across eastern Virginia and Maryland by Sunday. The storm was off the coast of South Carolina and North Carolina with top sustained …
» California Commissioner Wants FAIR Plan Changes, Modeling to Improve Insurance Market Conditions
22/09/23 09:20 from Insurance Journal
California Insurance Commissioner Ricardo Lara announced a package of sweeping executive actions that include changes to the FAIR Plan, new rules for the review of climate catastrophe models, and public meetings exploring incorporating California-only reinsurance costs into rate filings – …
» First Private US Passenger Rail Line in a Century Launches in Florida. Safety is a Concern
22/09/23 08:59 from Insurance Journal
MIAMI (AP) — The first big test of whether privately owned high-speed passenger train service can prosper in the United States will launch Friday when Florida’s Brightline begins running trains between Miami and Orlando, reaching speeds of 125 mph (200 …
» Murdaugh Pleads to Federal Charges for Skimming Settlement Funds from Clients
22/09/23 08:48 from Insurance Journal
For the first time, Alex Murdaugh has admitted in federal court that he committed 22 counts of financial fraud and money laundering. Murdaugh, a well-known South Carolina attorney who said he was addicted to opioids, is already serving life without …
» Viewpoint: Solving Systemic Risk Is the Cyber Market’s Number One Priority
22/09/23 08:31 from Insurance Journal
The Grange Pub in Cardiff is a typical modern British tavern. A short stroll from the city centre, it’s busy most days of the week. Weekends are packed, especially for Sunday lunch. In March 2020 all that stopped. Government lockdown …
» NC Family Sues Google After Man Drove off Collapsed Bridge Following Map Directions
22/09/23 08:21 from Insurance Journal
RALEIGH, N.C. (AP) — The family of a North Carolina man who died after driving his car off a collapsed bridge while following Google Maps directions is suing the technology giant for negligence, claiming it had been informed of the …
» Cisco to Buy Splunk for $28 Billion in Giant AI-Powered Data Bet
22/09/23 08:07 from Insurance Journal
Cisco Systems Inc. agreed to buy Splunk Inc. in a deal valued at about $28 billion, representing its biggest acquisition yet and a massive push into software and artificial intelligence-powered data analysis. The networking giant will pay $157 a share …
» Bus Carrying School Band Members Crashes in New York, Killing 2, Injuring Dozens
22/09/23 08:06 from Insurance Journal
Two people were killed and 40 others were injured when a bus carrying students to a band camp ran off a highway and rolled over in New York State Thursday. The governor of the state said preliminary indications are that …
» T-Mobile Glitch Showed Customer Data to Wrong Account Holders
22/09/23 08:05 from Insurance Journal
Some T-Mobile US Inc. customers logged into their accounts Wednesday to a surprise: Another subscriber’s billing and account information was being shown on their online dashboards. Subscriber data including credit card information, home addresses, phone numbers and account balance were …
» Next Insurance Offering Allows Agents to Customize Small Business Quotes
22/09/23 07:54 from Insurance Journal
Digital small business insurer Next Insurance announced a new offering it says will enable agents to fully customize coverage quotes to better meet the needs of their small business clients. Next’s Coverage Builder allows agents to micro-tailor small business quotes …
» People Moves: Aon Taps Carpenter’s Fraccalvieri to Lead EMEA Facultative, Reinsurance Solutions; Miller Launches APAC Treaty Team
22/09/23 06:47 from Insurance Journal
This edition of International People Moves details appointments at Aon and Miller. A summary of these new hires follows here. Aon Taps Carpenter’s Fraccalvieri to Lead EMEA Facultative for Reinsurance Solutions Insurance broker Aon plc named Nicola Fraccalvieri as leader …
» Lloyd’s Cyber Specialist Trium Cyber Opens London Office, Led by Aspen’s Watson
22/09/23 06:27 from Insurance Journal
Trium Cyber, a Lloyd’s cyber specialist, announced that the US-based company has opened a London office to write coverage for clients based outside of the US. “Our advanced technical underwriting, outstanding claims management and Lloyd’s A+ rated security have resulted …
» ‘Hard But More Manageable’ Jan. 1 Renewals; Little Relief on Retentions
22/09/23 05:46 from Insurance Journal
The hard reinsurance market in property-catastrophe reinsurance isn’t coming to an end at Jan. 1, 2024, but reinsurers are likely to deploy more of their capacity next year, broker executives said recently. Dorothée Mélis-Moutafis, North American brokering executive at Guy …