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Archive: January 2023

Judge Orders Boeing Arraigned on MAX Fraud Charge
Insurance Journal | January 20, 2023
Judge Orders Boeing Arraigned on MAX Fraud Charge
A federal judge on Thursday ordered Boeing Co BA.N to appear in court on Jan. 26 to be arraigned on a 2021 felony charge after families of those killed in two fatal crashes objected to a 2021 plea deal. Boeing …
FAA Says ‘Unintentionally Deleted Files’ Prompted Computer Outage
Insurance Journal | January 20, 2023
FAA Says ‘Unintentionally Deleted Files’ Prompted Computer Outage
The Federal Aviation Administration (FAA) said on Thursday a preliminary review found that contract personnel “unintentionally deleted files” disrupting a key computer system and prompting a nationwide groundstop on Jan. 11 that disrupted more than 11,000 flights. The FAA said …
People Moves: Law Firm Constangy Expands With New Cyber Team; Kimball Hughes PR Promotes Coyne; NFP Hires Ferreira to Lead Pro Liability
Insurance Journal | January 20, 2023
People Moves: Law Firm Constangy Expands With New Cyber Team; Kimball Hughes PR Promotes Coyne; NFP Hires Ferreira to Lead Pro Liability
National labor and employment law firm Constangy, Brooks, Smith & Prophete welcome a 44-member team, including 32 experienced attorneys, in a significant expansion of the firm’s cybersecurity & data privacy practice. The attorneys who will be joining the Constangy Cyber …
T-Mobile Investigating Data Breach Involving 37 Million Accounts
Insurance Journal | January 20, 2023
T-Mobile Investigating Data Breach Involving 37 Million Accounts
U.S. wireless carrier T-Mobile said on Thursday it was investigating a data breach involving 37 million postpaid and prepaid accounts and that it expected to incur significant costs related to the incident. The company said it identified malicious activity on …
OSHA Says Amazon.com Exposed Workers to Safety Hazards
Insurance Journal | January 20, 2023
OSHA Says Amazon.com Exposed Workers to Safety Hazards
A U.S. government agency on Wednesday issued citations against Amazon.com Inc. for failing to keep warehouse workers safe, by exposing them to ergonomic hazards that resulted in serious injuries. The Department of Labor’s Occupational Safety and Health Administration (OSHA) said …
Florida Adjusters Say No Action on Charges of Insurers Doctoring Their Reports
Insurance Journal | January 20, 2023
Florida Adjusters Say No Action on Charges of Insurers Doctoring Their Reports
Five weeks after three independent adjusters told Florida lawmakers that insurance carriers have frequently doctored their damage assessment reports, the men said they’ve had no contact from state agencies about the allegations. And they’re now disputing assertions from state officials …
People Moves: Kerton Joins IOA’s P/C Division
Insurance Journal | January 20, 2023
People Moves: Kerton Joins IOA’s P/C Division
Insurance Office of America has hired Kevin Kerton to its property and casualty division in Bonita Springs, Florida. As a commercial lines risk advisor, Kerton will focus primarily on construction and manufacturing. Kerton has more than 20 years of industry …
Meta’s WhatsApp Fined 5.5M Euro by Lead EU Privacy Regulator
Insurance Journal | January 19, 2023
Meta’s WhatsApp Fined 5.5M Euro by Lead EU Privacy Regulator
Meta’s WhatsApp subsidiary was fined 5.5 million euros ($5.95 million) on Thursday by Ireland’s Data Privacy Commissioner (DPC), its lead EU privacy regulator, for an additional breach of the bloc’s privacy laws. The DPC also told WhatsApp to reassess how …
People Moves: Church Mutual Names New President; UFG Appoints Stephenson as New COO
Insurance Journal | January 19, 2023
People Moves: Church Mutual Names New President; UFG Appoints Stephenson as New COO
Church Mutual Names New President Church Mutual Insurance Company, S.I. 1, has promoted Alan S. Ogilvie to president of the company. Rich Poirier, current president and CEO, will retain his CEO responsibilities. Ogilvie also will join Church Mutual’s Board of …
TWIA to Pursue $2.9B in Reinsurance for 2023 Storm Season
Insurance Journal | January 19, 2023
TWIA to Pursue $2.9B in Reinsurance for 2023 Storm Season
The Texas Windstorm Insurance Associated (TWIA) board of directors voted Thursday to authorize broker Gallagher Re to pursue $2.92 billion in reinsurance for the 2023 storm season. The TWIA board also voted to establish $4.5 billion as the 1:100 probable …