News Archives - Insurance Journal

/News Archives - Insurance Journal

About News Archives - Insurance Journal

This author has not yet filled in any details.
So far News Archives - Insurance Journal has created 3133 blog entries.
27 11, 2023

Louisiana Fortify Homes Program Opens Fourth Round of Grants

By | November 27th, 2023|Uncategorized|Comments Off on Louisiana Fortify Homes Program Opens Fourth Round of Grants

Louisiana Insurance Commissioner Jim Donelon announced that the Louisiana Fortify Homes Program (LFHP) opened its fourth round of grants at noon on November 27. There are 750 grants available in the fourth round, and grants will be awarded on a …

28 11, 2023

Florida Hospital Alleges Juror Misconduct, Wants New Trial After Verdict in Maya Case

By | November 28th, 2023|Uncategorized|Comments Off on Florida Hospital Alleges Juror Misconduct, Wants New Trial After Verdict in Maya Case

The Florida hospital at the center of the high-profile Maya Kowalski negligence case has asked for a new trial, alleging that the jury foreman improperly leaked information during the trial, which resulted in a $216 million verdict against the medical …

28 11, 2023

Tesla China Offers Insurance Subsidy on Some Models Bought Before Year-End

By | November 28th, 2023|Uncategorized|Comments Off on Tesla China Offers Insurance Subsidy on Some Models Bought Before Year-End

Tesla China is offering insurance subsidies for some types of Model 3 and Model y for purchases before the end of 2023, according to a statement on its official social media account on Tuesday. (Reporting by Albee Zhang and Brenda …

28 11, 2023

New Jersey Workers’ Compensation Rates to Fall 3.9% for 2024

By | November 28th, 2023|Uncategorized|Comments Off on New Jersey Workers’ Compensation Rates to Fall 3.9% for 2024

New Jersey’s insurance regulator has approved a 3.9% reduction in workers’ compensation and employer liability rates starting January 1, 2024. The approved statewide rate change is based on the latest financial and statistical data reported to the New Jersey Compensation …

1 12, 2023

Former Root Marketing Exec Pleads Guilty to Taking Over $10 Million From the Insurer

By | December 1st, 2023|Uncategorized|Comments Off on Former Root Marketing Exec Pleads Guilty to Taking Over $10 Million From the Insurer

Brinson Caleb “BC” Silver, former chief marketing officer for insurtech Root, has pleaded guilty to stealing more than $10 million from his former employer and violating court orders. According to the U.S. Attorney’s Office for the Southern District of Ohio, …

28 11, 2023

Federal Cyber Insurance Backstop Is Warranted With Focus on Catastrophic Risk

By | November 28th, 2023|Uncategorized|Comments Off on Federal Cyber Insurance Backstop Is Warranted With Focus on Catastrophic Risk

Much more work and collaboration needs to be done but the U.S. Treasury has reached a “tentative conclusion” that a potential federal cyber insurance backstop will be focused on catastrophic cyber risk. “We will remain focused on the policy options …

28 11, 2023

Indonesian Court Papers Reveal Chain of Events That Led to Cough Syrup Deaths

By | November 28th, 2023|Uncategorized|Comments Off on Indonesian Court Papers Reveal Chain of Events That Led to Cough Syrup Deaths

Indonesian court documents have revealed for the first time the chain of events that led to toxic ingredients being used in cough syrup that was among the products blamed for the deaths of more than 200 children in the country …

30 11, 2023

New York Governor Seeks Federal Disaster Aid for Downstate for September Floods

By | November 30th, 2023|Uncategorized|Comments Off on New York Governor Seeks Federal Disaster Aid for Downstate for September Floods

New York Governor Kathy Hochul has requested a major disaster declaration from President Joe Biden to support the ongoing recovery of downstate communities affected by the significant flooding occurring during a two-day period in late September. If granted by the …

1 12, 2023

Washington Workers’ Comp Premium Rate Going up an Average of 4.9% in 2024

By | December 1st, 2023|Uncategorized|Comments Off on Washington Workers’ Comp Premium Rate Going up an Average of 4.9% in 2024

The Washington State Department of Labor & Industries announced a 4.9% increase in the average workers’ compensation premium rate for 2024. The increase, which takes effect Jan. 1, 2024, means employers and workers will jointly pay, on average, an additional …

28 11, 2023

US, Britain, Other Countries Ink Agreement to Make AI ‘Secure by Design’

By | November 28th, 2023|Uncategorized|Comments Off on US, Britain, Other Countries Ink Agreement to Make AI ‘Secure by Design’

The United States, Britain and more than a dozen other countries on Sunday unveiled what a senior U.S. official described as the first detailed international agreement on how to keep artificial intelligence safe from rogue actors, pushing for companies to …