Category: Insurance Journal

Texas DWC to Host Presentation on Amendments to Administrative Code
Insurance Journal | November 29, 2022
Texas DWC to Host Presentation on Amendments to Administrative Code
The Texas Department of Insurance, Division of Workers’ Compensation (DWC) informally proposes amendments to 28 Texas Administrative Code (TAC) Chapter 133, General Medical Provisions and 28 TAC Chapter 134, Benefits–Guidelines for Medical Services, Charges, and Payments to improve the designated …
Massive Snowfall Buries Western and Northern New York
Insurance Journal | November 20, 2022
Massive Snowfall Buries Western and Northern New York
BUFFALO, N.Y. (AP) — A dangerous lake-effect snowstorm paralyzed parts of western and northern New York on Friday, dumping over 5 feet in some spots with more expected to fall through the night into Saturday. The storm was blamed for …
Lemonade Records Net Loss, Top and Bottom Line Growth
Insurance Journal | November 18, 2022
Lemonade Records Net Loss, Top and Bottom Line Growth
Insurtech Lemonade booked a third-quarter net loss of $91.4 million compared with a net loss of $66.4 million during the same quarter last year, but in a letter to shareholders, the company said both top and bottom lines came in …
Court Won’t Reconsider Block of Arkansas Trans Care Law
Insurance Journal | November 18, 2022
Court Won’t Reconsider Block of Arkansas Trans Care Law
LITTLE ROCK, Ark. (AP) – A federal appeals court said Wednesday it won’t reconsider its ruling temporarily blocking Arkansas from enforcing its ban on gender-affirming care for children. The 8th U.S. Circuit Court of Appeals denied the state’s request for …
Texas Agency, Lawmakers Aim to Tighten Pollution From Concrete Plants
Insurance Journal | November 18, 2022
Texas Agency, Lawmakers Aim to Tighten Pollution From Concrete Plants
ARLINGTON — Deirdre Diamond is frustrated and concerned that another concrete batch plant is coming to her town. Gunter, located about 50 miles north of Dallas, already has 11 permitted concrete batch plants, according to Texans for Responsible Aggregate Mining, …
Indiana House Explosion Injures 3; Gas Leak Blamed in Blast
Insurance Journal | November 18, 2022
Indiana House Explosion Injures 3; Gas Leak Blamed in Blast
PRINCETON, Ind. (AP – A house explosion in southwestern Indiana that injured three people has been traced to a heater that began leaking natural gas during maintenance work, authorities said. Four people were inside the two-story home when it was …
Acrisure Buys New York Technology Services Firm Homefield IT
Insurance Journal | November 10, 2022
Acrisure Buys New York Technology Services Firm Homefield IT
Insurance broker and real estate services firm Acrisure announced that it has acquired business technology firm Homefield IT, which will become part as part of Acrisure Cyber Services (ACS). Based in New York City, Homefield IT specializes in managed information …
Voters Approve Recreational Marijuana in Two More States to Total 21
Insurance Journal | November 10, 2022
Voters Approve Recreational Marijuana in Two More States to Total 21
Voters approved recreational marijuana in Maryland and Missouri but rejected it in three other states, signaling support gradually growing for legalization even in conservative parts of the country. The results mean that 21 states have now approved marijuana’s recreational use. …
Arkansas Voters Reject Legalizing Marijuana
Insurance Journal | November 10, 2022
Arkansas Voters Reject Legalizing Marijuana
LITTLE ROCK, Ark. (AP) – Arkansas voters have rejected a constitutional amendment that would have legalized recreational marijuana in the state. The proposal failed six years after Arkansas voters made the state the first in the Bible Belt to legalize …
Moody’s: California Utilities Reduced Liability Following Catastrophic Wildfires
Insurance Journal | November 10, 2022
Moody’s: California Utilities Reduced Liability Following Catastrophic Wildfires
A new report shows California utilities have noticeably reduced their liability following catastrophic wildfires in the past that have been blamed on the utilities and have driven several massive lawsuits and financial challenges. The report out on Thursday from Moody’s …