News Archives - Insurance Journal

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1 02, 2024

Texas Men Indicted in $70M University Athletic Billing Scheme

By | February 1st, 2024|Uncategorized|Comments Off on Texas Men Indicted in $70M University Athletic Billing Scheme

Four individuals, including two physicians, have been indicted in the Eastern District of Texas charged with federal violations involving a university athletic billing scheme, announced U.S. Attorney Damien M. Diggs. Mouzon Bass, III, also known as Muzzy Bass, 58, of …

31 01, 2024

Bayer’s Billions in Roundup Verdicts Increase Pressure for New Legal Strategy

By | January 31st, 2024|Uncategorized|Comments Off on Bayer’s Billions in Roundup Verdicts Increase Pressure for New Legal Strategy

Bayer AG faces mounting pressure to come up with a new plan for handling its Roundup weedkiller litigation after getting hammered by US jury verdicts totaling almost $4 billion over the last three months. The German conglomerate’s latest courtroom loss …

31 01, 2024

Louisiana Medical Group to Pay $480K Over Phishing Attack

By | January 31st, 2024|Uncategorized|Comments Off on Louisiana Medical Group to Pay $480K Over Phishing Attack

The U.S. Department of Health and Human Services (HHS), Office for Civil Rights (OCR), last month announced that Lafourche Medical Group, a Louisiana medical group specializing in emergency medicine, occupational medicine, and laboratory testing, agreed to a settlement over a …

31 01, 2024

Aviation Lessors Secure Settlements With Russia Totaling $2.5B for Trapped Planes

By | January 31st, 2024|Uncategorized|Comments Off on Aviation Lessors Secure Settlements With Russia Totaling $2.5B for Trapped Planes

Aircraft leasing firms have secured settlements with Russia totaling more than $2.5 billion for over a quarter of the roughly 400 aircraft stuck in the country since Moscow’s invasion of Ukraine in 2022. In return, international lessors are handing ownership …

1 02, 2024

People Moves: Woodruff Sawyer Names Pazooki Northern California Regional Growth Leader

By | February 1st, 2024|Uncategorized|Comments Off on People Moves: Woodruff Sawyer Names Pazooki Northern California Regional Growth Leader

Woodruff Sawyer named Alex Pazooki the firm’s regional growth leader for Northern California. Previously, Alex served as western zone leader, business development for Coalition and as technology sales executive, Northwest region at Travelers. Woodruff Sawyer is headquartered in San Francisco, …

1 02, 2024

Inpatient Hospitalizations in California Workers’ Comp Declined 51%, Study Shows

By | February 1st, 2024|Uncategorized|Comments Off on Inpatient Hospitalizations in California Workers’ Comp Declined 51%, Study Shows

The number of inpatient hospitalizations in the California workers’ compensation system declined 51.1% between 2012 and 2022, a new report shows. The trend was driven by declining claim volume, technological advances and changes in Medicare rules that allow more outpatient …

1 02, 2024

U.S. Steel Agrees to Spend Millions to Settle Suit Over Pollution Violations After 2018 Fire

By | February 1st, 2024|Uncategorized|Comments Off on U.S. Steel Agrees to Spend Millions to Settle Suit Over Pollution Violations After 2018 Fire

U.S. Steel has agreed to settle a lawsuit that accused the Pittsburgh-based company of violating federal clean air laws by operating plants without its desulfurization controls for more than three months, emitting clouds of sulfurous gas into surrounding towns. The …

1 02, 2024

AI-Driven Insurance Platform Indemn Raises $1.9 Million

By | February 1st, 2024|Uncategorized|Comments Off on AI-Driven Insurance Platform Indemn Raises $1.9 Million

New York-based Insurtech platform Indemn announced it has closed a $1.9 million pre-seed funding round. The round was led by venture capital firm Markd, with participation from Afterwork Ventures, Everywhere Ventures, and a group of investors from Australia and the …

1 02, 2024

New York Hotel’s Stand-Only Policy Didn’t Sit Well With Front Desk Clerk

By | February 1st, 2024|Uncategorized|Comments Off on New York Hotel’s Stand-Only Policy Didn’t Sit Well With Front Desk Clerk

Library Hotel, a luxury boutique hotel in New York City, will pay $42,000 to a former front desk employee to resolve a discrimination lawsuit over its alleged failure to reasonably accommodate the clerk’s disability. According to a lawsuit filed by …

1 02, 2024

Report Shows California’s 2023 Auto Registrations Highest Since 2020, with an 11.9% Increase in New Vehicles

By | February 1st, 2024|Uncategorized|Comments Off on Report Shows California’s 2023 Auto Registrations Highest Since 2020, with an 11.9% Increase in New Vehicles

Last year proved to be a banner year for new car registrations in California, reaching the highest numbers since the COVID-19 pandemic, a new report out this week shows. The California New Car Dealers Association’s fourth quarter 2023 California Auto …