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Today's Headlines

 
August 10, 2022
 
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National

 

ESG's 'Social License' Will Endure Even If the Letters Don't

It's been a bumpy stretch for adherents of investment strategies based on environmental, social and governance data. Much has been...
 

Majority of Young Homeowners Expect Their Homes to Be Damaged by Extreme Weather in Next 30 Years

Young homeowners are more concerned about the damage climate change-related extreme weather could do to their homes, according to a new...
 

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...
 

FDA Says Possible Carcinogen Found in Some Merck Diabetes Drugs

The U.S. Food and Drug Administration said on Tuesday certain samples of sitagliptin, a compound in Merck's diabetes drugs Januvia and...
 

Taylor Swift Says She Couldn't Plagiarize a Song She Never Heard

Taylor Swift says she couldn't have ripped off the lyrics to her hit "Shake It Off" from a song she'd never heard before. Swift defended...
 

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...
 

Insurance Company Surplus — A Tiny Primer

I find that almost all agents and a high proportion of insurance carrier employees possess inadequate knowledge of insurance carrier...
 

Insurers Brace for SEC Climate Risk Disclosure Rules

For U.S. property/casualty insurance carriers, the landmark proposal by the U.S. Securities and Exchange Commission...
 
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East

 

Pennsylvania Releases List of Workers' Compensation Scofflaws

Pennsylvania officials have identified three dozen employers that are currently not carrying workers' compensation insurance as required...
 

New York Court Nixes Injury Claim by Worker Who Fell Off Bucket

A laborer who fell and was injured after he stood on an inverted bucket to reach a cable has nobody to blame but himself under New York...
 

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...
 

Eastern Insurance Acquires Burns Agency in Massachusetts

Eastern Insurance Group announced it has acquired the John T. Burns Insurance Agency in Newton, Massachusetts. Family-owned since 1892,...
 
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Midwest

 

Nebraska Recycling Company Fined $338,000 for OSHA Violations

A 20-year-old worker's attempt at clearing a jam in an industrial cardboard baler at a Grand Island, Nebraska waste disposal company...
 

Ohio Bill Defines Work-From-Home Workers' Comp Rule

An Ohio law set to go into effect next month amends workers' compensation benefit requirements for employees who sustain an injury while...
 

Biden Approves Disaster Declaration for St. Louis Flooding

President Joe Biden approved Governor Mike Parson's request August 8 for a major disaster declaration for Missouri in response to the...
 
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Southeast

 

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...
 

Tennessee Launches its Own Captive Insurance Company for Cyber, Property

Tennessee regulators, who for years have touted the state as a comfortable home for captive insurance companies, have announced that the...
 

People Moves: Michael Smith Joins Palomar Insurance

Michael Smith has joined the Palomar Insurance Corp. sales team as an account executive specializing in transportation risk management....
 
More Southeast News »
 
 

South Central

 

5th Circuit: Employer Fired for Sleepwalking Loses ADA Case

An employee fired for unsolicitedly sleepwalking into a colleague's hotel room during an out-of-town conference has no disability...
 

Louisiana Policyholders Recover $129 Million

Commissioner Jim Donelon announced the Louisiana Department of Insurance (LDI) recovered funds of $129 million in addition to the...
 

Jeff Nelson Appointed as Texas Commissioner of Workers' Compensation

Texas Governor Greg Abbott has appointed Jeff Nelson as the Commissioner of Workers' Compensation at the Texas Department of Insurance...
 
More South Central News »
 
 
 
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West

 

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...
 

PCF Insurance Acquires A Insurance in Utah

PCF Insurance Services acquired A Insurance Agencies in Utah. A Insurance is a personal lines insurance provider specializing in life,...
 

When Logging Insurance Got Tough in Pacific Northwest, Firm Got Going with Its Own Program

When the going gets tough, the tough get going. That might be the most apropos slogan for Axe Insurance Group. The logging industry may...
 

Gabby Petito's Family Plans to File Utah Lawsuit Alleging Police Failed Her

Gabby Petito's family this week notified Utah officials of plans to file a wrongful death lawsuit alleging that police failed to...
 
More West News »
 
 

International & Reinsurance

 

Litigation Funders Are Fueling a Rise in UK Class Actions

Financiers are helping to fuel a rise in U.S.-style class-action lawsuits in the UK courts, lured by the promise of big payouts. The...
 

UK Financial Services Firms Suffer From Record Skills Shortage

UK finance firms are struggling with its worst job vacancy rates on record, underlining the skills shortage caused by digitization in...
 

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....
 

Admiral Sees Cost of Motor Claims Running High in Britain and U.S.

The cost of paying auto claims is running particularly high in Britain and the United States, insurer Admiral's chief said on Wednesday,...
 

Worst Storm in Century Floods Seoul, Killing at Least 9, With More Rain Expected

South Korean repair crews took advantage of a lull in torrential rainfall to drain flooded train stations and fix damages after one of...
 

Ex-Workers at Malaysia Supplier Sue Kimberly-Clark, Ansell Over Alleged Forced Labor

KUALA LUMPUR - Former workers at Malaysian rubber glove maker Brightway Holdings filed a lawsuit in the United States against...
 
More International & Reinsurance News »
 
 
 
 
 
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Insurance Journal Blogs and Columns

 

How Different is Lemonade?

Remember when Lemonade made a big splash, telling us that they were going to shake the whole insurance world and disrupt everything?...
 

Speed Equals Satisfaction in a Historically Slow Insurance Industry

This post is part of a series sponsored by AgentSync. If there's one thing your insurance business can do to improve both employee and...
 

5 Ways to Avoid Disability Discrimination Claims

This post is part of a series sponsored by IAT Insurance Group. Workplace disability claims were the most commonly reported type of...
 
More Blogs »
 
 

Research and Webinars

 
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Reducing Commercial Auto Risk Exposure for Incomplete Trucks via Accurate Data & Automation

It's likely that 65% of commercial trucks on your books are undervalued. Fortunately, insurtech can easily fix this by combining...
 
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Biometric Authentication Explained

In a digital world, how can you be sure that someone is who they say they are? Or that they even exist at all? This book from...
 
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The Power of a Network Partnership for Independent Agents

Increasing numbers of new agency owners, existing independents, and former captive agents are looking to join agency networks to...
 
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Three Visions for Empowering Independent Agents

During the pandemic, Cake & Arrow conducted qualitative research with hundreds of gig workers and small business owners to...
 
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A Data-Driven Guide to Improving Workplace Safety

Data and analytics not only help develop preventative safety measures, but predictive safety measures as well. See how leading...
 
More research and webinars »
 
 

Insurance Journal TV

 
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EP. 43: How Should Insurers Be Thinking About Digital Privacy Post-Roe v. Wade?

The U.S. Supreme Court's June overturning of the 1973 Roe v. Wade decision protecting women's...
 
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EP. 53: Why Most Small-to Mid-Size Cannabis Operators Shun D&O

Since cannabis insurance became a thing, directors & officers insurance has been pricey and...
 
Watch more videos at InsuranceJournal.tv »
 
 
 
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