News Archives - Insurance Journal

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22 09, 2023

California Commissioner Announces Strategy to Improve Insurance Market Conditions

By | September 22nd, 2023|Uncategorized|Comments Off on California Commissioner Announces Strategy to Improve Insurance Market Conditions

California Insurance Commissioner Ricardo Lara announced a package of executive actions to improve insurance choices and protect Californians from increasing climate threats. The California Department of Insurance is calling it the largest insurance reform since voters passed Proposition 103 nearly …

22 09, 2023

Storm Could Bring Winds, Storm Surge to Carolina, Virginia

By | September 22nd, 2023|Uncategorized|Comments Off on Storm Could Bring Winds, Storm Surge to Carolina, Virginia

A potential tropical storm, so far unnamed, was predicted to make landfill in North Carolina Saturday, then push across eastern Virginia and Maryland by Sunday. The storm was off the coast of South Carolina and North Carolina with top sustained …

22 09, 2023

Two Killed When Pickup Hits Amish Buggy in Upstate New York

By | September 22nd, 2023|Uncategorized|Comments Off on Two Killed When Pickup Hits Amish Buggy in Upstate New York

ALEXANDRIA, N.Y. (AP) — A pickup truck struck the back of an Amish buggy in northern New York, killing two children who were 1 and 3 years old and injuring four others, police said Thursday. A pickup truck driven by …

22 09, 2023

FTX Sues Sam Bankman-Fried’s Parents to Claw Back Funds

By | September 22nd, 2023|Uncategorized|Comments Off on FTX Sues Sam Bankman-Fried’s Parents to Claw Back Funds

The managers of bankrupt crypto exchange FTX sued the parents of co-founder and former Chief Executive Officer Sam Bankman-Fried to “recover millions of dollars in fraudulently transferred and misappropriated funds.” Allan Joseph Bankman and Barbara Fried allegedly exploited their access …

22 09, 2023

Railroads Work to Make Sure First Responders Can Quickly Look Up What is on a Train After a Derailment

By | September 22nd, 2023|Uncategorized|Comments Off on Railroads Work to Make Sure First Responders Can Quickly Look Up What is on a Train After a Derailment

OMAHA, Neb. (AP) – In the chaos after a Norfolk Southern train careened off the tracks and caught fire in eastern Ohio in February, it took roughly 45 minutes for firefighters to learn exactly which chemicals were involved. Now the …

22 09, 2023

Indiana Workplace Officials Investigate Death of Man Injured While Working on Machine at Evansville Plant

By | September 22nd, 2023|Uncategorized|Comments Off on Indiana Workplace Officials Investigate Death of Man Injured While Working on Machine at Evansville Plant

EVANSVILLE, Ind. (AP) – Workplace safety officials are investigating the death of a southwestern Indiana man this week after he was injured at an Evansville plant. Christopher L. Payton, 59, died Monday after he suffered injuries “while working on a …

22 09, 2023

Former Minnesota Insurance Broker Charged with Fraud, Allegedly Earned $650,000 in Improper Commissions

By | September 22nd, 2023|Uncategorized|Comments Off on Former Minnesota Insurance Broker Charged with Fraud, Allegedly Earned $650,000 in Improper Commissions

A former Minnesota insurance broker has been charged with fraud for allegedly inventing customers and fake Social Security numbers to earn nearly $650,000 in improper commissions. Kevin Anthony Meyers, 48, allegedly submitted hundreds of policy applications from fictitious customers while …

22 09, 2023

Family Accuses Texas School District of Violating Anti-Discrimination Law with Dreadlocks Suspension

By | September 22nd, 2023|Uncategorized|Comments Off on Family Accuses Texas School District of Violating Anti-Discrimination Law with Dreadlocks Suspension

HOUSTON (AP) – The debate over whether a Black high school student in Texas should be serving in-school suspension for wearing twisted dreadlocks to class intensified this week as the student’s family and his school district both took legal action. …

22 09, 2023

Texas DWC Proposes Amendments Concerning Claims for Death Benefits

By | September 22nd, 2023|Uncategorized|Comments Off on Texas DWC Proposes Amendments Concerning Claims for Death Benefits

The Texas Department of Insurance, Division of Workers’ Compensation (DWC) is proposing amendments to Texas Administrative Code concerning claims for death benefits. The amendments and new section allow eligible beneficiaries to file claims for death benefits with DWC or an …

21 09, 2023

Berkshire Hathaway Energy Shows Unusual Risk Appetite in Wildfire Court Fight

By | September 21st, 2023|Uncategorized|Comments Off on Berkshire Hathaway Energy Shows Unusual Risk Appetite in Wildfire Court Fight

Berkshire Hathaway Energy Co.’s PacifiCorp has been battered in an unprecedented court fight over the utility’s failure to prevent massive wildfire destruction in Oregon. The largest grid operator in the western US faces the risk that it will have to …