Category: Insurance Journal

Amazon Agrees to Worker Safety Measures to Settle OSHA Probe
Insurance Journal | December 20, 2024
Amazon Agrees to Worker Safety Measures to Settle OSHA Probe
Amazon.com will implement safety measures at all of its U.S. facilities to settle a federal agency’s claims that it failed to prevent workers from developing back problems and other ergonomic injuries, the agency said on Thursday. Amazon settled a series …
American Airlines Settles Race Discrimination Suit by Black Men Removed From Flight
Insurance Journal | December 20, 2024
American Airlines Settles Race Discrimination Suit by Black Men Removed From Flight
American Airlines has agreed to settle a race discrimination lawsuit by three Black men who were temporarily removed from a flight at the insistence of white flight attendants, according to a court filing on Thursday. The terms of the agreement …
Surviving the ‘Silver Tsunami’: Closing the Talent, Skills Gap in Underwriting
Insurance Journal | December 20, 2024
Surviving the ‘Silver Tsunami’: Closing the Talent, Skills Gap in Underwriting
With a “silver tsunami” of skilled underwriters eligible to retire in coming years and a shift in employee expectations, recruitment and retention is a critical focus for the insurance industry right now, said experts during a November webinar hosted by …
Senate Committee Reveals Climate Change Danger to Financial System
Insurance Journal | December 20, 2024
Senate Committee Reveals Climate Change Danger to Financial System
A Senate Budget Committee report shows how dangerous climate change is to the nation’s financial system as well as how bad it could be for homeowners seeking affordable insurance. A Senate Budget Committee Staff report out this month, Uncovering the …
Medicare Advantage Whistleblower Case Settled in New York
Insurance Journal | December 19, 2024
Medicare Advantage Whistleblower Case Settled in New York
US authorities have reached a settlement to resolve a whistleblower case alleging that a New York state health insurer systematically defrauded the federal Medicare program by exaggerating how sick members were in order to boost profits. The settlement was disclosed …
US Banning Drone Flights Over New Jersey Utility Transmission Sites
Insurance Journal | December 19, 2024
US Banning Drone Flights Over New Jersey Utility Transmission Sites
The Federal Aviation Administration on Thursday said it was temporarily barring drone flights over 22 utility locations in New Jersey amid public concern. The FAA said the decision to bar drones for 30 days at the sites was made in …
Car Crashes in Foggy Weather Injure 33 People Near New Orleans
Insurance Journal | December 19, 2024
Car Crashes in Foggy Weather Injure 33 People Near New Orleans
NEW ORLEANS (AP) — Several people were injured Tuesday morning after foggy conditions contributed to several car crashes that forced the closure of the 24-mile-long (38.6-kilometer-long) bridge connecting the north and south shores of southeast Louisiana’s Lake Pontchartrain. By early …
Texas Property Management Companies Pay $55K in Disability Discrimination Suit
Insurance Journal | December 19, 2024
Texas Property Management Companies Pay $55K in Disability Discrimination Suit
Texas property management companies Castle Hills Master Association Inc., Bright Realty LLC, Bright Industries LLC, and Bright Executive Services LLC will pay $55,000 and furnish other relief to settle a disability discrimination lawsuit filed by the U.S. Equal Employment Opportunity …
Malibu Fire Explodes in Size, Forces Thousands to Evacuate
Insurance Journal | December 10, 2024
Malibu Fire Explodes in Size, Forces Thousands to Evacuate
A Southern California wildfire whipped by “particularly dangerous” winds destroyed homes, shut schools and spurred the evacuation of thousands of people near Malibu. The Franklin Fire has now scorched about 2,600 acres after starting late Monday and remains out of …
Hub Acquires Fairfield County Bank Insurance Agency
Insurance Journal | December 10, 2024
Hub Acquires Fairfield County Bank Insurance Agency
Global insurance broker Hub International Limited announced that it has acquired the assets of Fairfield County Bank Insurance Services, LLC. Terms of the transaction were not disclosed. Headquartered in Ridgefield, Connecticut, with additional offices across the state and in New …