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Category: Insurance Journal

People Moves: GuideOne Insurance Appoints Wei Huang to Board of Directors
Insurance Journal | January 9, 2025
People Moves: GuideOne Insurance Appoints Wei Huang to Board of Directors
GuideOne Insurance, headquartered in West De Moines, Iowa, appointed Wei Huang to its board of directors. Huang, who serves as the senior vice president and senior client investment officer at Northern Trust Asset Management, has over two decades of experience …
ZestyAI Receives Approval From Missouri Department of Insurance
Insurance Journal | January 9, 2025
ZestyAI Receives Approval From Missouri Department of Insurance
ZestyAI, a provider of AI-powered climate and property risk analytics solutions, has received regulatory approval from the Missouri Department of Insurance for its Severe Convective Storm suite, including Z-HAIL, Z-WIND, and Z-STORM. ZestyAI’s Severe Convective Storm suite has already received …
He Saved the Chocolates But Lost His Workers’ Compensation Insurance
Insurance Journal | January 1, 2025
He Saved the Chocolates But Lost His Workers’ Compensation Insurance
An employee who was injured when rescuing chocolate candies from the heat in his employer-owned delivery truck is not due workers’ compensation benefits. The Virginia Workers’ Compensation Commission (WCC) upheld a deputy commissioner’s denial of benefits, agreeing that Ronald Mark …
Arkansas Hospital to Pay $14K in Back Wages
Insurance Journal | December 31, 2024
Arkansas Hospital to Pay $14K in Back Wages
An investigation by the U.S. Department of Labor’s Wage and Hour Division found Methodist Family Health in Little Rock, Ark. terminated a worker while out on family medical leave, a violation of the Family Medical Leave Act. The worker had …
Power Company to Pay $61M Over Emissions Violations at Eastern Missouri Plant
Insurance Journal | December 31, 2024
Power Company to Pay $61M Over Emissions Violations at Eastern Missouri Plant
The U.S. District Court for the Eastern District of Missouri entered an order on Dec. 17 requiring Ameren Missouri to spend $61 million on projects intended to mitigate violations of the federal Clean Air Act (CAA), including 14 years of …
Storm System Spawned 45 Reports of Tornadoes Across South
Insurance Journal | December 31, 2024
Storm System Spawned 45 Reports of Tornadoes Across South
Officials assessed the damage on Sunday after a strong storm system moved across the southern U.S. over the weekend, spawning tornadoes and killing at least four people. There were at least 45 reports of tornado damage across Texas, Louisiana, Mississippi, …
Illinois Contractor Faces $266K in Fines for Endangering Workers
Insurance Journal | December 31, 2024
Illinois Contractor Faces $266K in Fines for Endangering Workers
Federal inspectors have again cited a Zion, Illinois contractor with an extensive history of endangering workers by exposing them to fall hazards. The latest violations were discovered when employees were found roofing a residential structure without required fall protections – …
California Commissioner Issues Regulation to Allow Reinsurance in Ratemaking
Insurance Journal | December 30, 2024
California Commissioner Issues Regulation to Allow Reinsurance in Ratemaking
California Insurance Commissioner Ricardo Lara on Monday announced what he is calling the final step in his efforts to help the state’s ailing homeowners insurance market with the Net Cost of Reinsurance in Ratemaking Regulation, which enables reinsurance as a …
Maryland Sues Gore-Tex Maker Over ‘Forever Chemicals’ Pollution
Insurance Journal | December 30, 2024
Maryland Sues Gore-Tex Maker Over ‘Forever Chemicals’ Pollution
Maryland is suing the company that produces the waterproof material Gore-Tex often used for raincoats and other outdoor gear, alleging its leaders kept using “forever chemicals” long after learning about serious health risks associated with them. The complaint, which was …
New York State Government to Monitor Its AI Use
Insurance Journal | December 30, 2024
New York State Government to Monitor Its AI Use
New York state government agencies will have to conduct reviews and publish reports that detail how they’re using artificial intelligence software, under a new law signed by Gov. Kathy Hochul. Hochul, a Democrat, signed the bill last week after it …