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Insurance Journal | December 1, 2023

New York Man Charged With Obstructing Investigation Into Fatal Construction Incident

A federal grand jury has indicted Richard Zagger, of Blue Point, New York, charging him with conspiracy and obstruction of an investigation into a fatal construction accident, according to the U.S. Department of Justice. The four-count indictment alleges that Zagger …

Insurance Journal | December 1, 2023

Washington Workers’ Comp Premium Rate Going up an Average of 4.9% in 2024

The Washington State Department of Labor & Industries announced a 4.9% increase in the average workers’ compensation premium rate for 2024. The increase, which takes effect Jan. 1, 2024, means employers and workers will jointly pay, on average, an additional …

Insurance Journal | December 1, 2023

Family of Los Angeles Deputy Killed in Ambush Plans to Sue Over Forced Overtime

The parents of a Los Angeles County deputy who was shot and killed while sitting in his patrol car plan to file a lawsuit accusing the sheriff`s department and county leaders of putting law enforcement officers at risk by making …

Insurance Journal | December 1, 2023

Former Root Marketing Exec Pleads Guilty to Taking Over $10 Million From the Insurer

Brinson Caleb “BC” Silver, former chief marketing officer for insurtech Root, has pleaded guilty to stealing more than $10 million from his former employer and violating court orders. According to the U.S. Attorney’s Office for the Southern District of Ohio, …

Insurance Journal | November 30, 2023

Oregon Regulator to Investigate Pacificorp’s Request to Limit Wildfire Liability

Oregon’s utility regulator this week said it would investigate a petition by PacifiCorp to limit its liability from future wildfire-related lawsuits, delaying a decision on the power provider’s request by as long as nine months. In October, the Berkshire Hathaway …

Insurance Journal | November 30, 2023

Internet Research Shows Californians May Add to Risk of Fire Hazards

By most measures, California usually tops the list of the states most at risk of fires. But a new report shows the state’s residents and their desires to stay warm in chillier months may be making the state even riskier. …

Insurance Journal | November 30, 2023

Higginbotham Adds Texas’ Marshall Young Insurance

Higginbotham has announced a strategic alliance with Marshall Young Insurance of Cleburne, Texas, a firm known for providing specialized business insurance options to a wide range of clients. Founded in 1965 by Marshall Young as a construction, real estate, and …

Insurance Journal | November 30, 2023

New York Governor Seeks Federal Disaster Aid for Downstate for September Floods

New York Governor Kathy Hochul has requested a major disaster declaration from President Joe Biden to support the ongoing recovery of downstate communities affected by the significant flooding occurring during a two-day period in late September. If granted by the …

Insurance Journal | November 30, 2023

Missouri Employers Will See Reduced Workers’ Compensation Rates in 2024

The Missouri Department of Commerce and Insurance said that employers should see a reduction in workers’ compensation rates in 2024, the third straight year of declining rates. The NCCI recently proposed an overall decrease of 7.5 percent for 2024 workers’ …

Insurance Journal | November 30, 2023

Former Owner of Collapsed Michigan Dam Faces $120 Million Judgment for Environmental Damage

DETROIT (AP) – The former owner of a Michigan dam is on the hook for roughly $120 million sought by the state for environmental damage when the structure failed after days of rain in 2020, a judge said. But it`s …