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Category: Insurance Journal

Fed Official Tells Congress Many to Blame for Silicon Valley Bank Failure
Insurance Journal | March 30, 2023
Fed Official Tells Congress Many to Blame for Silicon Valley Bank Failure
The scope of blame for Silicon Valley Bank’s failure stretches across bank executives, Federal Reserve supervisors and other regulators, the banking system’s top cop on Wednesday told U.S. lawmakers demanding answers for the lender’s swift collapse. “I think that any …
Ex-Tesla Worker Testifies That Race Bias Made Him ‘Feel Less Than a Man’
Insurance Journal | March 30, 2023
Ex-Tesla Worker Testifies That Race Bias Made Him ‘Feel Less Than a Man’
A Black former elevator operator at Tesla Inc’s TSLA.O flagship California assembly plant became emotional testifying at a trial on Wednesday about the psychological toll exacted on him by a torrent of racial slurs, threats and other workplace incidents. The …
Toxic Connection Not Proven, Appeals Court Finds in Florida Cancer Suit vs. Raytheon
Insurance Journal | March 30, 2023
Toxic Connection Not Proven, Appeals Court Finds in Florida Cancer Suit vs. Raytheon
In closely watched and widely publicized toxic-tort litigation that has percolated through the courts for more than a decade, federal appeals judges this week underscored the strict standard that expert witnesses are held to when plaintiffs argue that pollution causes …
Judge Rules BNSF Intentionally Violated Agreement with Washington Tribe
Insurance Journal | March 30, 2023
Judge Rules BNSF Intentionally Violated Agreement with Washington Tribe
A judge ruled that BNSF Railway intentionally violated the terms of an easement agreement with the Swinomish Indian Tribal Community in Washington by running 100-car trains carrying crude oil over the reservation. The ruling in the civil case comes after …
Connecticut Gunmaker Faces Another Suit by Relatives of Colorado Shooting Victims
Insurance Journal | March 30, 2023
Connecticut Gunmaker Faces Another Suit by Relatives of Colorado Shooting Victims
More relatives of people shot to death at a Colorado supermarket in 2021 are suing gun-maker Sturm, Ruger & Co. over how it marketed the firearm used in the massacre, adding to litigation first filed earlier this month against the …
People Moves: California Workers’ Comp Institute Elects 2023 Board
Insurance Journal | March 30, 2023
People Moves: California Workers’ Comp Institute Elects 2023 Board
Sharon Thaler, National Director of Workers’ Compensation Field Underwriting Operations at AF Group/CompWest, was reelected as chair of the California Workers’ Compensation Institute board of directors for 2023. Thaler was first elected to CWCI’s Board in 2017 and has been …
People Moves: NavSav Appoints Uminski to New COO Role; Bolander Joins Lockton as SVP of Regional Operations
Insurance Journal | March 29, 2023
People Moves: NavSav Appoints Uminski to New COO Role; Bolander Joins Lockton as SVP of Regional Operations
NavSav Insurance Appoints Uminski to New COO Role NavSav Insurance has appointed John Uminski as its new role of chief operating officer. Umanski comes to the Beaumont, Texas-based company following more than 25 years at Allstate. Uminski’s began his career …
Texas Luxury Auto Dealership Fined $15K for Firing Employee Who Raised COVID Concerns
Insurance Journal | March 29, 2023
Texas Luxury Auto Dealership Fined $15K for Firing Employee Who Raised COVID Concerns
When an employee of a luxury auto dealership in Austin learned a co-worker had tested positive for COVID-19 in December 2020, they alerted the company’s management and requested they notify other employees immediately of their exposure risk. After the dealership …
Minnesota Suit Against Juul Goes to Trial
Insurance Journal | March 29, 2023
Minnesota Suit Against Juul Goes to Trial
MINNEAPOLIS (AP) – Minnesota Attorney General Keith Ellison is slated to lead off opening statements expected for Tuesday in his state’s lawsuit against Juul Labs – marking the first time any of the thousands of cases against the e- cigarette …
Family of Kansas Toddler Killed by Police During Standoff Sues
Insurance Journal | March 29, 2023
Family of Kansas Toddler Killed by Police During Standoff Sues
BAXTER SPRINGS, Kan. (AP) – The family of a toddler who was fatally shot by a police officer during a standoff last year between her father and law enforcement has filed a federal lawsuit over her death. Kansas authorities have …