News Archives - Insurance Journal

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30 11, 2022

Report on Deaths of Workers at Veterans Hospital Finds Protocols Not Followed

By | November 30th, 2022|Uncategorized|Comments Off on Report on Deaths of Workers at Veterans Hospital Finds Protocols Not Followed

A federal investigation released Monday of a hot steam accident that killed two workers conducting maintenance on a boiler system at a Veterans Affairs hospital in Connecticut substantiates a whistleblower’s allegations that employees did not follow proper protocols to control …

7 11, 2022

Investigators Say Car Was Buried in California in Insurance Fraud Scheme

By | November 7th, 2022|Uncategorized|Comments Off on Investigators Say Car Was Buried in California in Insurance Fraud Scheme

A car was buried in the backyard of a Northern California mansion 30 years ago as part of a scheme to commit insurance fraud, authorities said Thursday. The convertible Mercedes was discovered last month by landscapers in the affluent town …

30 11, 2022

Maryland’s Smith Island Commits to Rebuilding Community, Rejecting Buyouts

By | November 30th, 2022|Uncategorized|Comments Off on Maryland’s Smith Island Commits to Rebuilding Community, Rejecting Buyouts

SMITH ISLAND, Md. (AP) — For the people of Smith Island, weather guides a way of life as much as the tranquil atmosphere for which it has become known. Hurricanes with names like Hazel, Agnes, Isabel and Irene become part …

7 11, 2022

Berkshire: Negative Q3 Insurance Results Due to Catastrophe, Auto Losses

By | November 7th, 2022|Uncategorized|Comments Off on Berkshire: Negative Q3 Insurance Results Due to Catastrophe, Auto Losses

Berkshire Hathaway’s insurance business recorded an after-tax underwriting loss of $962 million (a pre-tax loss of $1.15 billion) in the third quarter, a decrease of $178 million from 2021, as catastrophe losses and increases in private-passenger auto frequency offset underlying …

30 11, 2022

Florida Amusement Park Fined $250,000 After Teen’s Fatal Fall

By | November 30th, 2022|Uncategorized|Comments Off on Florida Amusement Park Fined $250,000 After Teen’s Fatal Fall

The operator of an Orlando amusement park ride from which a Missouri teenager fell to his death should pay a $250,000 fine and can never hold a ride permit in Florida again, state officials said Tuesday. Fourteen-year-old Tyre Sampson fell …

7 11, 2022

U.S. Supreme Court Considers Making Challenges to FTC, SEC Easier

By | November 7th, 2022|Uncategorized|Comments Off on U.S. Supreme Court Considers Making Challenges to FTC, SEC Easier

The U.S. Supreme Court is set on Monday to hear arguments in two cases that could make it easier to challenge the regulatory power of federal agencies in disputes involving the Federal Trade Commission and the Securities and Exchange Commission. …

30 11, 2022

Walmart Sued by Employee Over Deadly Shooting

By | November 30th, 2022|Uncategorized|Comments Off on Walmart Sued by Employee Over Deadly Shooting

An employee at the Walmart in Chesapeake, Virginia, where a supervisor fatally shot six people last week, filed a lawsuit on Tuesday against the company, claiming she and others had warned management about the shooter’s behavior and that nothing was …

7 11, 2022

Gabby Petito’s Family Files Wrongful Death Suit in Utah

By | November 7th, 2022|Uncategorized|Comments Off on Gabby Petito’s Family Files Wrongful Death Suit in Utah

Family members of a 22-year-old woman whose boyfriend admitted to killing her last year have filed a wrongful death suit against the Moab Police Department, claiming their negligence led to her death weeks later. The lawsuit is the latest development …

30 11, 2022

Russia Seeks to Boost Recognition of its Shipping Insurance to Dodge Sanctions

By | November 30th, 2022|Uncategorized|Comments Off on Russia Seeks to Boost Recognition of its Shipping Insurance to Dodge Sanctions

Moscow is seeking to bolster the recognition of Russian maritime cargo insurance to allow it to ship oil and related products abroad in the face of Western sanctions, a government official was quoted as saying on Tuesday. Western sanctions imposed …

7 11, 2022

$17M to Settle New Mexico Gender Pay Lawsuit

By | November 7th, 2022|Uncategorized|Comments Off on $17M to Settle New Mexico Gender Pay Lawsuit

Hundreds of female city employees are anticipating back payment from the City of Albuquerque, New Mexico, to make up for a wage gap going back years. KOB-TV reported that a judge is expected to sign off on the $17 million …