News Archives - Insurance Journal

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12 07, 2023

HCA Data Leak Affects 11 Million; Class Action Says 9 Million Hit by Dental Insurer Breach

By | July 12th, 2023|Uncategorized|Comments Off on HCA Data Leak Affects 11 Million; Class Action Says 9 Million Hit by Dental Insurer Breach

Nashville-based HCAHealthcare, the largest for-profit operator of hospitals and clinics in the U.S., said that patient information had been leaked to an online forum. The breach leaked data for as many as 11 million patients, making it the largest known …

12 07, 2023

California Insurance Commissioner Issues Workers’ Comp Pure Premium Rate Filing Decision

By | July 12th, 2023|Uncategorized|Comments Off on California Insurance Commissioner Issues Workers’ Comp Pure Premium Rate Filing Decision

California Insurance Commissioner Ricardo Lara issued a decision regarding the workers’ compensation insurance pure premium rate filing that average $1.46 per $100 of payroll, 2.6% below the average of the approved September 1, 2022 advisory pure premium rates. The Workers’ …

12 07, 2023

Delos to Insurers Shedding Wildfire Risk: Send the Homes to Us

By | July 12th, 2023|Uncategorized|Comments Off on Delos to Insurers Shedding Wildfire Risk: Send the Homes to Us

About 6 million homes in the U.S. are considered uninsurable due to wildfire risk. The models at Delos Insurance say about half of those homes are absolutely insurable. “Delos sees a lot more insurable homes in California than other insurance …

12 07, 2023

Wisconsin Wildfire Consumes Nearly 1,000 aAcres, Forces Evacuations

By | July 12th, 2023|Uncategorized|Comments Off on Wisconsin Wildfire Consumes Nearly 1,000 aAcres, Forces Evacuations

MADISON, Wis. (AP) __ A wildfire in central Wisconsin has consumed almost 1000 acres (405 hectares) and forced evacuations of scores of properties. State Department of Natural Resources officials said at a news conference Tuesday that the fire began Monday …

12 07, 2023

Chinese Hackers Accessed Government Emails, Microsoft Says

By | July 12th, 2023|Uncategorized|Comments Off on Chinese Hackers Accessed Government Emails, Microsoft Says

Chinese state-linked hackers have secretly accessed email accounts at around 25 organizations including government agencies in a sweeping cyberespionage campaign, Microsoft said on Wednesday. In an interview with ABC television, White House national security adviser Jake Sullivan said the United …

12 07, 2023

Railroad Industry Sues to Block Limit on Crew Sizes That Ohio Imposed After Derailment

By | July 12th, 2023|Uncategorized|Comments Off on Railroad Industry Sues to Block Limit on Crew Sizes That Ohio Imposed After Derailment

COLUMBUS, Ohio (AP) – The railroad industry has sued to block a new minimum crew- size requirement that Ohio imposed after a fiery train derailment in East Palestine in February. The new rule was part of a $13.5 billion state …

12 07, 2023

Lack of Heat Safety Standards Puts Texas Workers at Risk, as Heat-Related Deaths Continue to Rise

By | July 12th, 2023|Uncategorized|Comments Off on Lack of Heat Safety Standards Puts Texas Workers at Risk, as Heat-Related Deaths Continue to Rise

Maynor Estuardo Álvarez used to stand the Texas heat, but not anymore. Something changed in his body last summer while working as a painter in an apartment in Houston. It was the afternoon, the temperature had surpassed 100 degrees and …

12 07, 2023

TWIA Committee Recommends 5% Increase in 2024 Residential Rates, 8% for Commercial

By | July 12th, 2023|Uncategorized|Comments Off on TWIA Committee Recommends 5% Increase in 2024 Residential Rates, 8% for Commercial

The Texas Windstorm Insurance Association Actuarial & Underwriting Committee met Tuesday, July 11 and voted to recommend increasing rates for residential policies by 5% and commercial policies by 8% for 2024. The TWIA Board of Directors will vote to approve …

12 07, 2023

Marsh McLennan Acquires Illinois-Based Trideo Systems

By | July 12th, 2023|Uncategorized|Comments Off on Marsh McLennan Acquires Illinois-Based Trideo Systems

-Marsh McLennan Agency, a subsidiary of Marsh, today announced the acquisition of Arlington Heights, Illinois-based Trideo Systems, a risk management information system (RMIS) provider for health care organizations. Terms of the acquisition were not disclosed. Founded in 2008, Trideo’s RMIS …

12 07, 2023

Insurers Sue Energy Corporation Blamed for Helping Start Colorado Wildfire

By | July 12th, 2023|Uncategorized|Comments Off on Insurers Sue Energy Corporation Blamed for Helping Start Colorado Wildfire

Dozens of insurance companies are suing Minneapolis-based Xcel Energy to recoup money paid out to homes and businesses lost in Colorado`s most destructive wildfire in 2021. The lawsuit was filed Thursday, a few weeks after investigators announced that a sparking …