News Archives - Insurance Journal

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3 03, 2023

Supreme Court Keeps Louisiana Wetland Damage Lawsuits in State Courts

By | March 3rd, 2023|Uncategorized|Comments Off on Supreme Court Keeps Louisiana Wetland Damage Lawsuits in State Courts

NEW ORLEANS (AP) – A lawsuit against oil and gas companies over damage to Louisiana’s wetlands will remain in state court, the U.S. Supreme Court said, rejecting an appeal by major energy companies who wanted to get the case moved …

3 03, 2023

Teachers Could Physically Restrain Unruly Students Under Nebraska Bill

By | March 3rd, 2023|Uncategorized|Comments Off on Teachers Could Physically Restrain Unruly Students Under Nebraska Bill

LINCOLN, Neb. (AP) – Nebraska lawmakers are considering a bill that would allow teachers and school staff to physically restrain disruptive students and remove them from classrooms without fear of being disciplined, even as critics say physical restraint has been …

3 03, 2023

Exxon Mobil Sued for Race Discrimination

By | March 3rd, 2023|Uncategorized|Comments Off on Exxon Mobil Sued for Race Discrimination

Exxon Mobil Corporation, doing business as ExxonMobil Chemical Corporation, violated federal law when it failed to take effective measures to prevent the display of hangman’s nooses at its Baton Rouge complex, the U.S. Equal Employment Opportunity Commission (EEOC) charged in …

2 03, 2023

California Workers’ Comp Research Keys on State’s Massive Healthcare Industry

By | March 2nd, 2023|Uncategorized|Comments Off on California Workers’ Comp Research Keys on State’s Massive Healthcare Industry

A report from the Workers’ Compensation Insurance Rating Bureau of California that examines the state’s healthcare system shows the industry also accounted for the highest share of indemnity COVID-19 claims among all industries. The WCIRB releases reports on industry sectors …

2 03, 2023

People Moves: Leavitt Group in Utah Makes Two Leadership Appointments

By | March 2nd, 2023|Uncategorized|Comments Off on People Moves: Leavitt Group in Utah Makes Two Leadership Appointments

Leavitt Group in Cedar City, Utah named Kevin P. Grady as chief legal officer and Brooke L. MacNaughtan chief people and community officer, a newly created role. Before joining Leavitt Group, Grady was vice president and deputy general counsel at …

2 03, 2023

Call Me, Maybe? The Stealth Disappearance of Social Engineering and Fraudulent Instruction Coverage

By | March 2nd, 2023|Uncategorized|Comments Off on Call Me, Maybe? The Stealth Disappearance of Social Engineering and Fraudulent Instruction Coverage

Anyone who owns a cellphone or uses an email address has received a communication from a scammer seeking to extract confidential information or trick the recipient into sending money to foreign countries. These attempts come in a variety of forms …

2 03, 2023

NFL Must Face Racial Bias Claims in Open Court, Judge Rules

By | March 2nd, 2023|Uncategorized|Comments Off on NFL Must Face Racial Bias Claims in Open Court, Judge Rules

The National Football League and three of its teams must face claims by Minnesota Vikings defensive coordinator Brian Flores of racist hiring practices in open court, a U.S. judge in New York ruled on Wednesday while sending other aspects of …

2 03, 2023

Britain Will Seek to Reset Relations Between City of London and EU

By | March 2nd, 2023|Uncategorized|Comments Off on Britain Will Seek to Reset Relations Between City of London and EU

Britain will seek to reset relations between the City of London and the European Union on Thursday, saying it will stick to high standards in finance and not do anything to undermine financial stability in the bloc in the wake …

2 03, 2023

Credit Suisse ‘Seriously Breached’ Risk Management Obligations in Greensill Case

By | March 2nd, 2023|Uncategorized|Comments Off on Credit Suisse ‘Seriously Breached’ Risk Management Obligations in Greensill Case

Credit Suisse Group AG “seriously breached” its risk management obligations in the Greensill Capital supply-chain financing affair, Switzerland’s banking regulator has concluded as it closed its probe against the bank. The Swiss bank was ordered to take remedial measures by …

2 03, 2023

Oklahoma Captive Program Grows 15% in 2022

By | March 2nd, 2023|Uncategorized|Comments Off on Oklahoma Captive Program Grows 15% in 2022

The state of Oklahoma added 11 new captive insurance companies in 2022 and has already issued three additional captive insurer licenses in 2023, according to the Oklahoma Insurance Department (OID). Oklahoma also reported four captive dissolutions in 2022. The state …