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Tag: insurance-journal

Iowa Council Member Countersues Police Officers over Protest Arrest
Insurance Journal | August 19, 2022
Iowa Council Member Countersues Police Officers over Protest Arrest
A Des Moines council member is countersuing two police officers who took the unusual step earlier this year of suing several people who participated in a 2020 protest following a Minneapolis officer’s killing of George Floyd. Councilwoman Indira Sheumaker’s countersuit …
Indiana House Explosion Leaves 3 Dead, 39 Homes Damaged
Insurance Journal | August 10, 2022
Indiana House Explosion Leaves 3 Dead, 39 Homes Damaged
An explosion at an Evansville, Indiana house killed three people and damaged 39 houses, officials said Wednesday afternoon. Evansville Fire Department Chief Mike Connelly said two of the people killed were in the house of the explosion, while the third …
Tadikonda to Replace Edmundson as CEO of Cyber MGA Corvus
Insurance Journal | August 10, 2022
Tadikonda to Replace Edmundson as CEO of Cyber MGA Corvus
Boston-based insurtech Corvus Insurance said Madhu Tadikonda will take over immediately as CEO, replacing founding CEO Phil Edmundson. Edmundson will assume the new role of executive chair and chair of the board of Corvus. In this full-time role, Edmundson will …
Miami PT Clinic Managers Convicted in Insurance Fraud Scheme
Insurance Journal | August 10, 2022
Miami PT Clinic Managers Convicted in Insurance Fraud Scheme
A Miami woman now living in North Carolina is awaiting sentencing after she was convicted of paying kickbacks and defrauding insurers of more than $34 million for physical therapy services that were never provided. A federal jury in Miami last …
Chipotle to Pay $20 Million to Workers for Unpaid Sick Leave, Scheduling Violations
Insurance Journal | August 10, 2022
Chipotle to Pay $20 Million to Workers for Unpaid Sick Leave, Scheduling Violations
Chipotle Mexican Grill Inc. agreed to pay $20 million to an estimated 13,000 current and former employees of its restaurants in New York City to settle a claim that the chain repeatedly violated laws governing sick leave and scheduling. The …
NCCI Releases Q2 Economics Briefing
Insurance Journal | August 10, 2022
NCCI Releases Q2 Economics Briefing
Jobs are up, wages are up, inflation is up, and recession is unlikely in the short term. National Council on Compensation Insurance’s (NCCI) newly released Quarterly Economics Briefing – Q2 2022 examines these factors and their potential impact on workers …
AM Best Upgrades Ratings of Synergy Comp Insurance
Insurance Journal | August 10, 2022
AM Best Upgrades Ratings of Synergy Comp Insurance
AM Best has upgraded the ratings of workers’ compensation insurer Synergy Comp Insurance Co. based in Sharon Pennsylvania. The rating organization upgraded the Financial Strength Rating to A (Excellent) from A- (Excellent) and the Long-Term Issuer Credit Rating to “a” …
Amazon Warehouse Walkouts Over Pay Seen Spreading Across UK
Insurance Journal | August 10, 2022
Amazon Warehouse Walkouts Over Pay Seen Spreading Across UK
Hundreds of Amazon.com Inc.’s UK workers are planning walkouts in the coming days after logistics workers clashed with managers over pay. A series of walkouts and slowdown protests at at least seven facilities in Essex, Coventry, Bristol, Swindon, Chesterfield, Warrington …
IMA Group Acquires Mollie Kallen Case Management
Insurance Journal | August 10, 2022
IMA Group Acquires Mollie Kallen Case Management
The IMA Group, a provider of independent medical examinations and case management in workers’ compensation, continues to expand with its acquisition of Florida-based Mollie Kallen Case Management. The terms of the deal were not disclosed. IMA, headquartered in Tarrytown, New …
California’s Largest Wildfire Now 60% Contained
Insurance Journal | August 10, 2022
California’s Largest Wildfire Now 60% Contained
California’s largest wildfire so far this year has so far burned more than 60,000 acres, but it is now 60% contained. The McKinney Fire broke out on July 29 in an unpopulated area in Klamath National Forest. The fire has …