News Archives - Insurance Journal

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19 08, 2022

Virginia Firefighter on Scene With Crew Charged with Setting Fire to Building

By | August 19th, 2022|Uncategorized|Comments Off on Virginia Firefighter on Scene With Crew Charged with Setting Fire to Building

A Virginia volunteer firefighter charged with setting fire to an abandoned building was with the first crew to arrive on the scene, an investigator said Monday. Firefighters from several departments responded to a report of a structure fire Friday night …

19 08, 2022

Allstate Executives Shuffle With Retirement of Property-Liability President

By | August 19th, 2022|Uncategorized|Comments Off on Allstate Executives Shuffle With Retirement of Property-Liability President

Allstate announced August 18 that Glenn Shapiro, president, Property-Liability, has decided to retire at the end of September. He joined Allstate as chief claims officer in 2016 and has held his current position since 2018. Current chief financial officer Mario …

19 08, 2022

Florida Utility Says New Drone Can Speed Hurricane Recovery

By | August 19th, 2022|Uncategorized|Comments Off on Florida Utility Says New Drone Can Speed Hurricane Recovery

Florida’s primary energy provider is ready to launch a powerful new technology, just ahead of the busiest weeks of the Atlantic hurricane season: a new fixed-wing drone designed fly into tropical storm force winds and speed the restoration of electricity …

19 08, 2022

$18M Settlement in Lawsuit over Boy’s Death at California School

By | August 19th, 2022|Uncategorized|Comments Off on $18M Settlement in Lawsuit over Boy’s Death at California School

The parents of an 8-year-old boy with Down syndrome who died after falling while strapped to a chair in class five years ago have reached an $18 million settlement in their wrongful death lawsuit against a Southern California school district, …

19 08, 2022

Florida Sting Operation Busted 13 Contractors Without Workers’ Comp

By | August 19th, 2022|Uncategorized|Comments Off on Florida Sting Operation Busted 13 Contractors Without Workers’ Comp

Unlicensed contractors, all without proper workers’ compensation insurance on their workers, have been charged in another law enforcement sting operation in Florida, authorities said. The state’s chief financial officer and the Pasco County Sheriff’s office announced Thursday that 13 people …

19 08, 2022

U.S. Seeks Information From Tesla on In-Car Camera in Autopilot Probe

By | August 19th, 2022|Uncategorized|Comments Off on U.S. Seeks Information From Tesla on In-Car Camera in Autopilot Probe

U.S. auto safety regulators on Thursday asked Tesla Inc. to answer questions about its in-car camera intended to monitor driver awareness as part of a probe into 830,000 Tesla vehicles that employ the carmaker’s advanced driver assistance system called Autopilot. …

18 08, 2022

Walmart, CVS, Walgreens Ordered to Pay $650 Million Over Ohio Opioid Sales

By | August 18th, 2022|Uncategorized|Comments Off on Walmart, CVS, Walgreens Ordered to Pay $650 Million Over Ohio Opioid Sales

Walmart Inc., CVS Health Corp. and Walgreens Boots Alliance Inc. were ordered to pay a total of $650 million over their failure to properly monitor opioid prescriptions in Ohio, in the drug industry’s latest setback in the sprawling litigation over …

18 08, 2022

UK Water Supplier Hit by Cyber Attack, Highlighting Vulnerabilities to Critical Infrastructure

By | August 18th, 2022|Uncategorized|Comments Off on UK Water Supplier Hit by Cyber Attack, Highlighting Vulnerabilities to Critical Infrastructure

A company that supplies water to more than 1.5 million people in the UK disclosed it was hit by a cyber attack in an incident security experts said highlighted potentially dangerous vulnerabilities in the country’s critical infrastructure. South Staffordshire Plc …

18 08, 2022

Front Runner to Be Next UK PM Wants to Review Financial Watchdogs’ Roles: Source

By | August 18th, 2022|Uncategorized|Comments Off on Front Runner to Be Next UK PM Wants to Review Financial Watchdogs’ Roles: Source

Liz Truss, the front-runner to become Britain’s next prime minister, wants to examine the roles of the country’s three financial regulators as part of a review, a source close to her leadership campaign said on Thursday. Provided she wins the …

18 08, 2022

Costa Rica Weighs Raising $2.7 Billion via Sale of State-Owned Insurer, Banks’ Assets

By | August 18th, 2022|Uncategorized|Comments Off on Costa Rica Weighs Raising $2.7 Billion via Sale of State-Owned Insurer, Banks’ Assets

Costa Rica’s President Rodrigo Chaves said on Tuesday he plans to present a bill to sell state-owned banks Banco de Costa Rica and Banco Internacional de Costa Rica, as well as 49% of the state-owned INS insurance company to reduce …