News Archives - Insurance Journal

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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 …

21 09, 2023

John Grisham, Other Top Authors Sue OpenAI Over Copyrights

By | September 21st, 2023|Uncategorized|Comments Off on John Grisham, Other Top Authors Sue OpenAI Over Copyrights

A trade group for U.S. authors has sued OpenAI in Manhattan federal court on behalf of prominent writers including John Grisham, Jonathan Franzen, George Saunders, Jodi Picoult and “Game of Thrones” novelist George R.R. Martin, accusing the company of unlawfully …

21 09, 2023

UK Watchdog Sets 3-Month Deadline to Improve Car Insurance

By | September 21st, 2023|Uncategorized|Comments Off on UK Watchdog Sets 3-Month Deadline to Improve Car Insurance

Britain’s financial watchdog has told motor insurers they have three months to improve the value they give customers in products that top up coverage, or face potential sanctions. The Financial Conduct Authority (FCA) said on Wednesday it had asked insurers …

21 09, 2023

UK Firm Sold Thousands of Unverified Jet Engine Parts, CFM Says

By | September 21st, 2023|Uncategorized|Comments Off on UK Firm Sold Thousands of Unverified Jet Engine Parts, CFM Says

Jet engine maker CFM International said on Wednesday thousands of engine components may have been sold with forged paperwork by a British distributor, as the fallout from a probe into falsely certified parts reached London’s High Court. Matthew Reeve, a …

21 09, 2023

Climate Change Made Deadly Floods in Libya and Greece More Extreme

By | September 21st, 2023|Uncategorized|Comments Off on Climate Change Made Deadly Floods in Libya and Greece More Extreme

The low-pressure weather system that unleashed unprecedented amounts of rain across the eastern Mediterranean last week was made more likely and more intense by climate change. Global warming caused by human emissions of greenhouse gases made the heavy rainfall over …

21 09, 2023

Tech Update: Conduit Re Partners With hyperexponential for Price Decision Intelligence

By | September 21st, 2023|Uncategorized|Comments Off on Tech Update: Conduit Re Partners With hyperexponential for Price Decision Intelligence

Conduit Re, the Bermuda-based global reinsurer, is achieving end-to-end underwriting with pricing decision intelligence (PDI) company hyperexponential. Using the PDI platform, hx Renew, Conduit Re is now able to rapidly develop and iterate its pricing models and rating landscape. Conduit …