Category: Insurance Journal

1 Worker Killed, 3 Injured in Wall Collapse at Manhattan Demolition Site
Insurance Journal | March 10, 2023
1 Worker Killed, 3 Injured in Wall Collapse at Manhattan Demolition Site
A worker died after a wall collapsed at a New York City demolition site and buried him in rubble, authorities said. The collapse happened Tuesday at a three-story building being demolished on Lafayette Street in lower Manhattan, city Department of …
Ohio Insurance Department Warns of ‘Past Posting’ Fraud Scheme
Insurance Journal | March 9, 2023
Ohio Insurance Department Warns of ‘Past Posting’ Fraud Scheme
The Ohio Department of Insurance warned of an insurance fraud scheme committed after an auto accident or property damage that is trending in the state. Named the “past posting” scheme, the term describes the action of a person attempting to …
NTSB Investigates Fatal Helicopter Crash Along Texas Gulf Coast
Insurance Journal | March 9, 2023
NTSB Investigates Fatal Helicopter Crash Along Texas Gulf Coast
SEADRIFT, Texas (AP) – A helicopter crash along the Texas Gulf Coast killed two people, according to the local sheriff. The Robinson R44 helicopter was flying from Port O’Connor to the Calhoun County- Port Lavaca Airport about 20 miles (32 …
Minnesota Governor Signs ‘Drivers License For All” Law
Insurance Journal | March 9, 2023
Minnesota Governor Signs ‘Drivers License For All” Law
ST. PAUL, Minn. (AP) – Immigration status will no longer disqualify more than 80, 000 people from getting Minnesota drivers licenses under a bill signed by Gov. Tim Walz on Tuesday. Supporters of the effort, dubbed “driver’s licenses for all,” …
Ex-Blue Bell CEO to Plead Guilty to Misdemeanor Over 2015 Listeria Outbreak
Insurance Journal | March 9, 2023
Ex-Blue Bell CEO to Plead Guilty to Misdemeanor Over 2015 Listeria Outbreak
The former chief executive of Blue Bell Creameries will plead guilty to a misdemeanor charge under a deal in which prosecutors have agreed to drop fraud charges against him related to a 2015 listeria outbreak traced back to the company’s …
Meta’s Record Privacy Settlement Spurs Dispute Over State Claims
Insurance Journal | March 2, 2023
Meta’s Record Privacy Settlement Spurs Dispute Over State Claims
Meta Platforms Inc. is wrong to say its $725 million settlement of a lawsuit claiming Facebook illegally shared user data with a controversial research firm protects it from similar claims brought by New Mexico, attorneys for the US state said. …
SoCal Storms, Back-to-Back Hurricanes in South Central Part of New Normal?
Insurance Journal | March 2, 2023
SoCal Storms, Back-to-Back Hurricanes in South Central Part of New Normal?
A new AM Best commentary on the latest winter storm to hit Southern California drives home the growing risk and the financial volatility that weather-related losses pose for the insurance industry. According to the commentary, titled “Changing Weather Patterns, Climate …
White House Releases New National Cybersecurity Strategy
Insurance Journal | March 2, 2023
White House Releases New National Cybersecurity Strategy
The White House announced a new national cybersecurity strategy meant to make the digital ecosystem more resilient, including a more aggressive stance against malicious cyber actors and shifting responsibility to “organizations that are most capable and best-positioned to reduce risks …
Hub Acquires Louisiana’s Dwight W. Andrus Insurance
Insurance Journal | March 2, 2023
Hub Acquires Louisiana’s Dwight W. Andrus Insurance
Hub International Limited announced that it has acquired the assets of Dwight W. Andrus Insurance Inc., Dwight Andrus & Richard Insurance, Inc., and DAI Shreve, LLC (Dwight Andrus Insurance). Terms of the transaction were not disclosed. Headquartered in Lafayette, Louisiana …
Ohio Senators Prepare Rail Safety Bill After Norfolk Southern Crash
Insurance Journal | March 2, 2023
Ohio Senators Prepare Rail Safety Bill After Norfolk Southern Crash
COLUMBUS, Ohio (AP) – Railroads like the one involved in this month’s fiery crash and toxic chemical release in Ohio would be subject to a series of new federal safety regulations and financial consequences under legislation being introduced Wednesday by …