News Archives - Insurance Journal

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18 07, 2023

Workers’ Compensation Remains Profit Engine for U.S. P/C Insurers: AM Best

By | July 18th, 2023|Uncategorized|Comments Off on Workers’ Compensation Remains Profit Engine for U.S. P/C Insurers: AM Best

Workers’ compensation insurers’ underwriting results continued to outpace the rest of the U.S. property/casualty (P/C) commercial sector in 2022, as they benefited from the long-term decline in workplace accidents and a reduction in fraudulent claims, according to an AM Best …

18 07, 2023

Evertree Closes 3 Colorado Deals and Establishes Mountain Region

By | July 18th, 2023|Uncategorized|Comments Off on Evertree Closes 3 Colorado Deals and Establishes Mountain Region

Evertree Insurance Services LLC has acquired 1st American Insurance in Longmont, Colorado, Alliance Insurance Services in Arvada, Colorado, and The Banks Agency in Golden, Colorado. The transactions were closed on July 7, and establish Evertree’s presence in the Mountain Region. …

18 07, 2023

Crypto Ransomware Attacks Rise in First Half of 2023: Chainalysis

By | July 18th, 2023|Uncategorized|Comments Off on Crypto Ransomware Attacks Rise in First Half of 2023: Chainalysis

Crypto crime fell overall in the first six months of 2023, but the volume of payments to ransomware attackers surged and is on track for its second-biggest annual total on record, blockchain analytics firm Chainalysis said on Wednesday [July 12]. …

18 07, 2023

Actor Sues, Claiming She Was Sexually Harassed by Rhode Island Resort Owner

By | July 18th, 2023|Uncategorized|Comments Off on Actor Sues, Claiming She Was Sexually Harassed by Rhode Island Resort Owner

An actor and model who had roles in the soap opera “Guiding Light” and movies including “The Hunger Games: Catching Fire” says in a lawsuit that she was sexually harassed by the owner of a Rhode Island resort where she …

18 07, 2023

Two Dirt Bike Riders Die in Crash with SUV

By | July 18th, 2023|Uncategorized|Comments Off on Two Dirt Bike Riders Die in Crash with SUV

Two people died over the weekend when the dirt bike they were riding collided with an SUV near a shopping plaza in Massachusetts, authorities said. The victims of the crash in Wareham just before 11 p.m. Saturday were identified as …

18 07, 2023

Board Overseeing West Virginia’s $1B Opioid Fund Adds State Health Officer

By | July 18th, 2023|Uncategorized|Comments Off on Board Overseeing West Virginia’s $1B Opioid Fund Adds State Health Officer

West Virginia`s state health officer was selected Wednesday to represent one of the hardest-hit regions of the state for drug overdoses on the board of a private foundation that will be distributing the majority of the state`s more than $1 …

18 07, 2023

Freight Train Derails in Pennsylvania; No Injuries or Hazard Reported

By | July 18th, 2023|Uncategorized|Comments Off on Freight Train Derails in Pennsylvania; No Injuries or Hazard Reported

A freight train derailment in southeast Pennsylvania early Monday spurred precautionary evacuations, but officials said no injuries were reported and there was no known hazard to the public. The 40-car CSX train, which was operating on tracks owned by Norfolk …

18 07, 2023

Ukraine Cargo Insurance Policy Suspended After Russia Quits Grain Deal: Marsh

By | July 18th, 2023|Uncategorized|Comments Off on Ukraine Cargo Insurance Policy Suspended After Russia Quits Grain Deal: Marsh

A cargo insurance facility providing cover for Ukraine grain shipments via a safe sea corridor has been suspended after Russia quit the United Nations-backed agreement, broker Marsh said on Tuesday. Moscow has withdrawn from the year-old grain export deal in …

18 07, 2023

Texas Manufacturing Plant to Pay $175K to Settle Discrimination Discrimination Suit

By | July 18th, 2023|Uncategorized|Comments Off on Texas Manufacturing Plant to Pay $175K to Settle Discrimination Discrimination Suit

Lion Elastomers, LLC, a manufacturing plant in Port Neches, Texas, agreed to pay $175,000 and provide other relief pursuant to a consent decree entered by a federal district court on July 7, resolving a disability discrimination lawsuit filed by the …

18 07, 2023

Salvation Army to Settle $25K Over ADA Suit in Michigan

By | July 18th, 2023|Uncategorized|Comments Off on Salvation Army to Settle $25K Over ADA Suit in Michigan

The Salvation Army will pay $25,000 to settle a lawsuit filed by the U.S. Equal Employment Opportunity Commission (EEOC) to obtain relief for a former employee of the charitable organization’s Ann Arbor, Michigan thrift store who was discriminated against due …