News Archives - Insurance Journal

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26 04, 2024

Orion180 Launches Homeowners Insurance in Arizona

By | April 26th, 2024|Uncategorized|Comments Off on Orion180 Launches Homeowners Insurance in Arizona

Orion180 is expanding its homeowners insurance services to Arizona under a push by the company into the Western U.S. Orion180 currently operates in Alabama, Arizona, Georgia, Indiana, Mississippi, North Carolina and South Carolina through its two insurance carriers. The company …

26 04, 2024

Boston Agent Charged With Creating Fake Insurance Policies to Collect Commissions

By | April 26th, 2024|Uncategorized|Comments Off on Boston Agent Charged With Creating Fake Insurance Policies to Collect Commissions

A Boston man has been charged with a fraud scheme in which prosecutors say he collected about $45,000 in unearned sales commissions on insurance policies he created using personally identifiable information stolen from individuals. The state attorney general’s office announced …

26 04, 2024

Family of Nigerian Businessman Killed in California Helicopter Crash Sues Charter Company

By | April 26th, 2024|Uncategorized|Comments Off on Family of Nigerian Businessman Killed in California Helicopter Crash Sues Charter Company

The family of a Nigerian business leader who died in a Southern California helicopter crash that killed five others in February filed a lawsuit claiming the flight should have been grounded because of treacherous weather. Relatives of Abimbola Ogunbanjo, the …

26 04, 2024

Employer Can’t Deny Comp Claim in Shooting Then Argue Immunity, Court Says

By | April 26th, 2024|Uncategorized|Comments Off on Employer Can’t Deny Comp Claim in Shooting Then Argue Immunity, Court Says

An employer cannot deny a workers’ compensation claim on the grounds that a shooting injury was not work-related then turn around and argue it has immunity from a tort lawsuit because the incident happened at work, a Florida appeals court …

26 04, 2024

EU Should Revisit Bank and Insurer Capital Rules: French President Macron

By | April 26th, 2024|Uncategorized|Comments Off on EU Should Revisit Bank and Insurer Capital Rules: French President Macron

French President Emmanuel Macron called on Thursday for a revision of how Europe applies minimum capital rules to banks and insurers so that they are not too risk-averse and Europe is put at an economic disadvantage. The Basel Committee of …

26 04, 2024

Price or Safety? Priorities Change for Small Businesses After a Workers Comp Claim

By | April 26th, 2024|Uncategorized|Comments Off on Price or Safety? Priorities Change for Small Businesses After a Workers Comp Claim

Previous workers’ compensation claims can present an opportunity for agents serving small-business clients. The Hanover’s “2024 Small Business Risk Report: A Focus on Workers’ Compensation,” which surveyed 300 small business owners, found that a workers’ compensation claim experience can influence …

26 04, 2024

Lockton Re: Hypothetical Cyber Event Offers Carriers an Opportunity to Review Risks

By | April 26th, 2024|Uncategorized|Comments Off on Lockton Re: Hypothetical Cyber Event Offers Carriers an Opportunity to Review Risks

A simulated cyber catastrophe highlights the benefits and problems cyber insurance carriers will encounter as a result, according to a report released by Lockton Re. The report, “A Kaleidoscope of Possibilities: Preparing for Ivan Wiper,” focuses on the consequences of …

26 04, 2024

US Revives Net Neutrality to Establish Authority Over Internet

By | April 26th, 2024|Uncategorized|Comments Off on US Revives Net Neutrality to Establish Authority Over Internet

US regulators reinstated net neutrality rules that aim to ensure everything on the internet is equally accessible, reclaiming authority over broadband service and setting the stage for legal challenges. The Federal Communications Commission’s Democratic majority adopted rules that bar broadband …

26 04, 2024

Here’s Why Experts Don’t Think Cloud Seeding Caused Dubai Flooding

By | April 26th, 2024|Uncategorized|Comments Off on Here’s Why Experts Don’t Think Cloud Seeding Caused Dubai Flooding

With cloud seeding, it may rain, but it doesn’t really pour or flood — at least nothing like what drenched the United Arab Emirates and paralyzed Dubai, meteorologists said. Cloud seeding, although decades old, is still controversial in the weather …

26 04, 2024

Judge Won’t Dismiss Lawsuits Against Travis Scott Over Deadly Astroworld Concert

By | April 26th, 2024|Uncategorized|Comments Off on Judge Won’t Dismiss Lawsuits Against Travis Scott Over Deadly Astroworld Concert

HOUSTON (AP) — A judge has declined to dismiss hundreds of lawsuits filed against rap star Travis Scott over his role in the deadly 2021 Astroworld festival in which 10 people were killed in a crowd surge. State District Judge …