News Archives - Insurance Journal

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9 05, 2024

Texas Energy Company to Pay $260K to Settle Racial Harassment Lawsuit

By | May 9th, 2024|Uncategorized|Comments Off on Texas Energy Company to Pay $260K to Settle Racial Harassment Lawsuit

A Texas energy company will pay a $265,000 fine to settle charges that it subjected Black and Hispanic field mechanics to harassment. The U.S. Equal Employment Opportunity Commission (EEOC) announced last week that Liberty Energy, Inc. doing business as Liberty …

8 05, 2024

Maui Sues Cell Carriers Over Failure of Wildfire Warning Alerts During Outage

By | May 8th, 2024|Uncategorized|Comments Off on Maui Sues Cell Carriers Over Failure of Wildfire Warning Alerts During Outage

Had emergency responders known about widespread cellphone outages during the height of last summer’s deadly Maui wildfires, they would have used other methods to warn about the disaster, county officials said in a lawsuit. Alerts the county sent to cellphones …

8 05, 2024

California Insurance Broker Sentenced for Identity Theft

By | May 8th, 2024|Uncategorized|Comments Off on California Insurance Broker Sentenced for Identity Theft

Robert Kirby Wells, 64, of Woodland, California, was sentenced this week to two years in prison for aggravated identity theft. Court documents show Wells was an insurance broker for a company in Denver, Colorado, that owned multifamily and commercial properties …

8 05, 2024

Slain Visiting Nurse’s Husband Sues Employer, Alleging It Ignored Safety Concerns

By | May 8th, 2024|Uncategorized|Comments Off on Slain Visiting Nurse’s Husband Sues Employer, Alleging It Ignored Safety Concerns

The husband of a Connecticut visiting nurse who was killed during an appointment with a convicted rapist filed a wrongful death lawsuit Monday, alleging her employer repeatedly ignored workers’ safety concerns about treating dangerous patients. Ronald Grayson sued Elara Caring, …

8 05, 2024

New Jersey to Launch Innovation Hub for Fintech and Insurtech Startups

By | May 8th, 2024|Uncategorized|Comments Off on New Jersey to Launch Innovation Hub for Fintech and Insurtech Startups

New Jersey is creating a strategic innovation center for financial (fintech) and insurance (insurtech) technology startups in a partnership with Silicon Valley-based innovation platform Plug and Play. The new innovation hub will be known as the Fintech Accelerator at Stevens …

8 05, 2024

Attorney Sentenced for Lying to Clients About Civil Case Outcomes

By | May 8th, 2024|Uncategorized|Comments Off on Attorney Sentenced for Lying to Clients About Civil Case Outcomes

A former Scranton attorney has been sentenced to prison for lying to clients who filed civil cases and for forging corresponding documents — including a judge’s signature. Pennsylvania Attorney General Michelle Henry reported that James Conaboy, of Clarks Summit, previously …

8 05, 2024

Georgia Regulations Would Cut Agents’ Licensing Course Load from 20 Hours to 8

By | May 8th, 2024|Uncategorized|Comments Off on Georgia Regulations Would Cut Agents’ Licensing Course Load from 20 Hours to 8

The Georgia insurance commissioner is accepting comments on proposed rule changes that would cut the pre-licensing course load by almost two-thirds for personal lines agents. “The primary purpose of the proposed changes to all Regulation Chapters … is to modernize …

8 05, 2024

Georgia AG Says Savannah Overstepped on Ordinance Banning Guns in Unlocked Cars

By | May 8th, 2024|Uncategorized|Comments Off on Georgia AG Says Savannah Overstepped on Ordinance Banning Guns in Unlocked Cars

SAVANNAH, Ga. (AP) — Georgia’s attorney general says city officials in Savannah overstepped their authority by making it illegal to leave firearms in unlocked cars. Savannah’s mayor and city council in April enacted the new city ordinance aimed at making …

8 05, 2024

Viewpoint: The 10 Major Risks Shaping Insurance Today

By | May 8th, 2024|Uncategorized|Comments Off on Viewpoint: The 10 Major Risks Shaping Insurance Today

I readily admit that lists of top risks, top threats, and opportunities for insurance are well-trodden ground, and ranking risks in order of importance inevitably triggers debate about which risk should be near the top or bottom, rather than the …

8 05, 2024

US Probe Finds Widespread Sexual Misconduct at FDIC

By | May 8th, 2024|Uncategorized|Comments Off on US Probe Finds Widespread Sexual Misconduct at FDIC

The Federal Deposit Insurance Corporation must make sweeping changes to address widespread sexual harassment and other misconduct, according to an independent report released on Tuesday that raises questions about the future of the banking regulator’s leadership. The report, prompted by …