News Archives - Insurance Journal

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14 11, 2023

1.2 Million Chickens Will be Slaughter At Iowa Egg Farm Where Bird Flu Was Found

By | November 14th, 2023|Uncategorized|Comments Off on 1.2 Million Chickens Will be Slaughter At Iowa Egg Farm Where Bird Flu Was Found

An additional 1.2 million chickens will be slaughtered to prevent the spread of the bird flu after the virus was confirmed on an Iowa egg farm in the second massive case this week. The Iowa Department of Agriculture and Land …

14 11, 2023

File Transfer Data Breach Affected 1.3M People, Maine Reports

By | November 14th, 2023|Uncategorized|Comments Off on File Transfer Data Breach Affected 1.3M People, Maine Reports

The state of Maine has begun notifying people whose personal information was included in a data breach impacting as many as 1.3 million individuals, state officials announced Thursday. The notifications began after the state completed an assessment once they discovered …

14 11, 2023

Fraternity and Bar Sued Over 2021 Death of University of New Hampshire Student

By | November 14th, 2023|Uncategorized|Comments Off on Fraternity and Bar Sued Over 2021 Death of University of New Hampshire Student

liquor liabilityThe mother of a University of New Hampshire student who died in an icy swamp two years ago filed a wrongful death lawsuit Thursday against the Durham bar and fraternity her son visited that night. Vincenzo Lirosi, 22, was …

14 11, 2023

Judge Upholds $24M Award in Discrimination Suit by Employee With Social Anxiety Disorder

By | November 14th, 2023|Uncategorized|Comments Off on Judge Upholds $24M Award in Discrimination Suit by Employee With Social Anxiety Disorder

A federal district court judge in Massachusetts has upheld a $24 million jury award for a woman who sued her employer for retaliation and discrimination because of her social anxiety disorder. The employer, PPD Development, has criticized the outcome handed …

14 11, 2023

Washington Commissioner Issues $607K on Fines for Violations

By | November 14th, 2023|Uncategorized|Comments Off on Washington Commissioner Issues $607K on Fines for Violations

Washington Insurance Commissioner Mike Kreidler issued fines in October totaling $607,613.35 against insurance companies and insurance producers that reportedly violated state insurance laws and regulations. Following are the alleged violators and a breakdown of their reported fines: Insurance companies AIG …

14 11, 2023

California Funeral Home Stored Bodies for 4 Years, Deceived Families, Prosecutors Say

By | November 14th, 2023|Uncategorized|Comments Off on California Funeral Home Stored Bodies for 4 Years, Deceived Families, Prosecutors Say

The owners of a Colorado funeral home were arrested Wednesday in Oklahoma on charges linked to the discovery of 190 sets of decaying remains at one of their facilities, including some that apparently had been languishing there for four years. …

14 11, 2023

Federal Court Splits North Carolina Hurricane Insurance Claims

By | November 14th, 2023|Uncategorized|Comments Off on Federal Court Splits North Carolina Hurricane Insurance Claims

A North Carolina investment firm and its property insurer have each won partial victories in a dispute over hurricane insurance claims that has been in court since 2019. A federal district court judge for Eastern North Carolina dismissed the insured’s …

14 11, 2023

Piercing Through Rain, Smoke and Fog: How Radar Satellites See Catastrophes

By | November 14th, 2023|Uncategorized|Comments Off on Piercing Through Rain, Smoke and Fog: How Radar Satellites See Catastrophes

Executive Summary: The potential for satellite technology to revolutionize claims management has long been recognized but has only recently been realized with technological advancements. Satellite-based data can give the insurer a “head start” on the event, according to Stephen Lathrope …

14 11, 2023

Banks, Insurers May Escape EU’s Toughest ESG Regulation So Far

By | November 14th, 2023|Uncategorized|Comments Off on Banks, Insurers May Escape EU’s Toughest ESG Regulation So Far

Banks, asset managers and other financial firms have won a reprieve from Europe’s most consequential ESG regulation to date, as a wave of intense industry lobbying pays off. Spain, which holds the European Union’s rotating presidency, has proposed that financial …

14 11, 2023

Port Operator DP World Chips Away at Freight Backlog After Crippling Cyber Attack

By | November 14th, 2023|Uncategorized|Comments Off on Port Operator DP World Chips Away at Freight Backlog After Crippling Cyber Attack

DP World Plc is slowly working through a backlog of more than 20,000 freight containers piled up at Australian ports following a crippling cyberattack, as labor strikes impede a return to normal operations. DP World, one of the world’s largest …