News Archives - Insurance Journal

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22 12, 2022

Women Sexually Abused by ICU Nurse Sue Colorado Hospital

By | December 22nd, 2022|Uncategorized|Comments Off on Women Sexually Abused by ICU Nurse Sue Colorado Hospital

Two women who say a nurse sexually assaulted them while they were unconscious in intensive care filed a lawsuit against the Colorado hospital where they were being treated, alleging the hospital’s management didn’t do enough to prevent the abuse. The …

22 12, 2022

Howden Acquires Italian TV and Film Broker Assimovie

By | December 22nd, 2022|Uncategorized|Comments Off on Howden Acquires Italian TV and Film Broker Assimovie

Howden, the international insurance broker, announced it has agreed to acquire Assimovie, the leading TV, film and advertising insurance broker in Italy. The transaction underlines Howden’s continued commitment to invest in expertise by creating a Sport and Entertainment specialty for …

22 12, 2022

Storm Adds Uncertainty to Strong Holiday Travel Demand

By | December 22nd, 2022|Uncategorized|Comments Off on Storm Adds Uncertainty to Strong Holiday Travel Demand

Concerns about illness or inflation aren’t stopping Americans from hitting the roads and airports this holiday season. But a massive winter storm might. Forecasters predict an onslaught of heavy snow, ice, flooding and even tornadoes from Thursday to Saturday in …

22 12, 2022

Louisiana Workers’ Comp Rates to Decrease 12.2% in 2023

By | December 22nd, 2022|Uncategorized|Comments Off on Louisiana Workers’ Comp Rates to Decrease 12.2% in 2023

Louisiana Insurance Commissioner Jim Donelon has approved the annual loss cost filing of the National Council on Compensation Insurance (NCCI) for a -12.2% reduction in workers’ compensation rates. The decrease, which takes effect May 1, 2023, continues the downward trend …

22 12, 2022

Texas Officials Confident in Power Grid as Temperatures Plummet

By | December 22nd, 2022|Uncategorized|Comments Off on Texas Officials Confident in Power Grid as Temperatures Plummet

State officials warned residents Wednesday to prepare their homes and vehicles for the coming freeze while trying to reassure on-edge Texans that the electric grid will stay online. Temperatures are expected to plummet Thursday into single digits — with even …

22 12, 2022

Buffalo Bus Driver Gets 5 Years Probation for Workers’ Compensation Claims Fraud

By | December 22nd, 2022|Uncategorized|Comments Off on Buffalo Bus Driver Gets 5 Years Probation for Workers’ Compensation Claims Fraud

A former bus driver for the Niagara Frontier Transportation Authority (NFTA) has been sentenced to five years of probation for fraudulently obtaining workers’ compensation benefits by misrepresenting her injuries. She must also pay full restitution to the NFTA for money …

22 12, 2022

Michigan’s Proctor Financial to Pay $67K Over Retaliation Suit

By | December 22nd, 2022|Uncategorized|Comments Off on Michigan’s Proctor Financial to Pay $67K Over Retaliation Suit

Proctor Financial, Inc., an insurance company based in Troy, Michigan that provides insurance products for residential and commercial properties, will pay $67,000 to settle a retaliation lawsuit brought by the U.S. Equal Employment Opportunity Commission (EEOC). According to the EEOC’s …

22 12, 2022

Michigan Sues Paper Company Over PFAS-Contaminated Waste

By | December 22nd, 2022|Uncategorized|Comments Off on Michigan Sues Paper Company Over PFAS-Contaminated Waste

PORT HURON, Mich. (AP) _ The state of Michigan is accusing a former paper mill owner of sending contaminated waste to a composting site for decades in the Thumb region. The lawsuit seeks payments from Domtar Industries for identifying the …

21 12, 2022

Tenn. Chalks 10% Cut in Workers’ Comp Loss Costs, Marking a Decade of Reductions

By | December 21st, 2022|Uncategorized|Comments Off on Tenn. Chalks 10% Cut in Workers’ Comp Loss Costs, Marking a Decade of Reductions

Tennessee’s insurance commissioner has approved a 10.2% average decrease in workers’ compensation loss costs for the voluntary market, marking the 10th-straight reduction for the state. The Dec. 14 order from Commissioner Carter Lawrence approved a recommendation from the National Council …

21 12, 2022

Cadence Insurance Acquires Texas-Based Warriner & Associates

By | December 21st, 2022|Uncategorized|Comments Off on Cadence Insurance Acquires Texas-Based Warriner & Associates

Cadence Insurance, Inc. announced the acquisition of certain assets of Houston, Texas-based Warriner & Associates Insurance Services, Inc. and Warriner Solutions, LLC effective December 1, 2022. With roots tracing back to 1992, Warriner & Associates has specialized in insurance coverage …