News Archives - Insurance Journal

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2 05, 2024

$24.5M Settlement in New Mexico over Natural Gas Flaring in Permian Basin

By | May 2nd, 2024|Uncategorized|Comments Off on $24.5M Settlement in New Mexico over Natural Gas Flaring in Permian Basin

New Mexico has reached a record settlement with a company over air pollution violations at natural gas gathering sites in the Permian Basin. The $24.5 million agreement with Ameredev announced this week is the largest settlement the state Environment Department …

2 05, 2024

California Contractor Pleads Guilty to Insurance Fraud After Underreporting Nearly $1M in Payroll

By | May 2nd, 2024|Uncategorized|Comments Off on California Contractor Pleads Guilty to Insurance Fraud After Underreporting Nearly $1M in Payroll

Kent Bo Fridolfsson, 67, of Benicia, California, pleaded guilty to six charges of insurance fraud and grand theft after a joint investigation with the California Department of Insurance, Solano County District Attorney’s Office and the Employment Development Department reportedly revealed …

2 05, 2024

New Mexico Restaurant Settles Wage-Theft Complaint After Prolonged Legal Battle

By | May 2nd, 2024|Uncategorized|Comments Off on New Mexico Restaurant Settles Wage-Theft Complaint After Prolonged Legal Battle

New Mexico labor announced a legal settlement that resolves longstanding accusations of unpaid wages against a restaurant business in northwestern New Mexico. The Workforce Solutions Department said in a news release that 505 Burgers Farmington LLC has agreed to pay …

2 05, 2024

Police: Athletic Director Used AI to Frame Principal With Racist Remarks in Fake Audio

By | May 2nd, 2024|Uncategorized|Comments Off on Police: Athletic Director Used AI to Frame Principal With Racist Remarks in Fake Audio

A high school athletic director in Maryland has been accused of using artificial intelligence to impersonate a principal on an audio recording that included racist and antisemitic comments, authorities said. Authorities said the case appears to be among the first …

2 05, 2024

Pennsylvania Supreme Court: No Coverage for Mother’s Distress Over Son’s Overdose Death

By | May 2nd, 2024|Uncategorized|Comments Off on Pennsylvania Supreme Court: No Coverage for Mother’s Distress Over Son’s Overdose Death

The Pennsylvania Supreme Court has ruled that Nationwide Property and Casualty is not obligated to defend its homeowner insureds against a wrongful death claim for emotional and mental distress brought by a mother whose son died from a drug overdose …

2 05, 2024

Southeast Seas Rising Faster than Other Regions, ‘Turbocharging’ Floods, Report Finds

By | May 2nd, 2024|Uncategorized|Comments Off on Southeast Seas Rising Faster than Other Regions, ‘Turbocharging’ Floods, Report Finds

From the Rio Grande to the Outer Banks, sea levels are rising faster than most other parts of the world, blocking the outflow of rivers and streams and causing inland flooding that would not have been seen just a few …

30 04, 2024

People Moves: SCOR Business Solutions Taps HDI’s McDonald as CEO, Succeeding Launay; Consilium Appoints Moore From Aon for Delegated Risk Solutions Team

By | April 30th, 2024|Uncategorized|Comments Off on People Moves: SCOR Business Solutions Taps HDI’s McDonald as CEO, Succeeding Launay; Consilium Appoints Moore From Aon for Delegated Risk Solutions Team

This edition of International People Moves details appointments at SCOR Business Solutions and the re/insurance broker Consilium. A summary of these new hires follows here. SCOR Business Solutions Taps HDI’s McDonald as CEO, Succeeding Launay Reinsurer SCOR has named Claire …

1 05, 2024

Warren Buffett’s PacifiCorp Now Faces $30B Claim Demand in Oregon Wildfires

By | May 1st, 2024|Uncategorized|Comments Off on Warren Buffett’s PacifiCorp Now Faces $30B Claim Demand in Oregon Wildfires

Berkshire Hathaway Inc.’s PacifiCorp now faces a demand for $30 billion from victims of Oregon’s 2020 Labor Day wildfires, an escalation of a legal onslaught on the largest grid operator in the western US. While the amount sought in an …

1 05, 2024

Connecticut Weighs Wide-Ranging Bill to Regulate AI. But Its Fate Is Uncertain.

By | May 1st, 2024|Uncategorized|Comments Off on Connecticut Weighs Wide-Ranging Bill to Regulate AI. But Its Fate Is Uncertain.

The Connecticut Senate recently pressed ahead with one of the first major legislative proposals in the U.S. to rein in bias in artificial intelligence decision-making and protect people from harm, including manufactured videos or deepfakes. The vote was held despite …

1 05, 2024

People Moves: BenefitMall Appoints Patton Benefits Sales Executive for Colorado

By | May 1st, 2024|Uncategorized|Comments Off on People Moves: BenefitMall Appoints Patton Benefits Sales Executive for Colorado

BenefitMall named Sam Patton to its team as the new benefits sales executive for Colorado. Patton specializes in ancillary benefits such as life, disability insurance, and executive supplemental disability. Patton most recently served as an executive disability benefits consultant with …