News Archives - Insurance Journal

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29 04, 2022

Musk Loses Bid to End SEC Agreement on Oversight of Tesla Tweets

By | April 29th, 2022|Uncategorized|Comments Off on Musk Loses Bid to End SEC Agreement on Oversight of Tesla Tweets

A U.S. judge slammed Elon Musk for trying to escape a settlement with regulators requiring oversight of his Tesla Inc. tweets, saying the billionaire was “bemoaning” the 2018 deal now that he felt Tesla was “invincible.” The April 27 ruling …

2 05, 2022

New Orleans Paying to Move Tenants From Neglected Apartments

By | May 2nd, 2022|Uncategorized|Comments Off on New Orleans Paying to Move Tenants From Neglected Apartments

New Orleans is paying to relocate all remaining residents of a bankrupt apartment complex where people said a landlord’s neglect forced them into unsanitary living conditions with rampant mold, rodents and a broken pipe that spewed raw sewage. The rare …

29 04, 2022

Purdue Pharma Squares Off With DOJ Over $6 Billion OxyContin Deal

By | April 29th, 2022|Uncategorized|Comments Off on Purdue Pharma Squares Off With DOJ Over $6 Billion OxyContin Deal

A $6 billion deal hangs in the balance as OxyContin maker Purdue Pharma LP and its wealthy owners square off against the U.S. Justice Department over the firm’s opioid lawsuit settlement. The sides will meet in a New York courtroom …

2 05, 2022

Kentucky Becomes 21st State to Adopt Model Cyber Security Law for Insurers

By | May 2nd, 2022|Uncategorized|Comments Off on Kentucky Becomes 21st State to Adopt Model Cyber Security Law for Insurers

Kentucky has become the 21st state to adopt a data security law that will require insurers and larger agencies to beef up measures designed to help prevent cyber attacks and data breaches. Gov. Andy Beshear in April signed House Bill …

29 04, 2022

California Increasing Awards in Medical Malpractice Cases

By | April 29th, 2022|Uncategorized|Comments Off on California Increasing Awards in Medical Malpractice Cases

People who get hurt because of a doctor’s negligence in California could soon get a lot more money in malpractice lawsuits under an agreement reached Wednesday that – if approved by the state Legislature – would avoid a costly fight …

2 05, 2022

North Dakota-Based Healthcare Billing Service Company Hacked

By | May 2nd, 2022|Uncategorized|Comments Off on North Dakota-Based Healthcare Billing Service Company Hacked

Federal investigators say a cyber attack on a North Dakota-based company that provides software and billing services for doctors and healthcare professionals affected more than a half-million customers. Adaptive Health Integrations of Williston was the target of a hacking incident …

29 04, 2022

North Carolina AG Sues Contractor for Deceptive AOB Work after Hurricane

By | April 29th, 2022|Uncategorized|Comments Off on North Carolina AG Sues Contractor for Deceptive AOB Work after Hurricane

North Carolina Attorney General Josh Stein has filed suit against an Illinois contractor who came to the state after Hurricane Florence in 2018, convincing homeowners to assign insurance benefits to his companies. Dennis Daugherty and his Green Lantern Services and …

2 05, 2022

People Moves: WTW Grows Relations Team; Liberty Mutual Names 3 Execs; BHSI Promotes Reid; Waters Takes FM Global Climate Post; Doroff Heads Mosaic Claims

By | May 2nd, 2022|Uncategorized|Comments Off on People Moves: WTW Grows Relations Team; Liberty Mutual Names 3 Execs; BHSI Promotes Reid; Waters Takes FM Global Climate Post; Doroff Heads Mosaic Claims

WTW Bolsters Relations Team with 3 Appointments in North America Global insurance broker Willis Towers Watson recently announced three key appointments: Joe LaRocco has been appointed head of Industry – Broking, North America, to lead the recently established industry broking …

29 04, 2022

Berkshire Investors Nudge for Better Governance, Social Issues as Meeting Looms

By | April 29th, 2022|Uncategorized|Comments Off on Berkshire Investors Nudge for Better Governance, Social Issues as Meeting Looms

Warren Buffett will face pressure to improve Berkshire Hathaway Inc’s environmental and social policies as well as governance when he meets shareholders this weekend, in what investors say is a harbinger of what may come after the 91-year-old billionaire is …

29 04, 2022

Progress Made in Containing Nebraska Wildfire

By | April 29th, 2022|Uncategorized|Comments Off on Progress Made in Containing Nebraska Wildfire

Progress has been made toward fully containing a deadly southwestern Nebraska wildfire that has been burning since last week, officials said. Crews had 88% of the Road 702 Fire contained behind fire breaks by Thursday morning, the Nebraska Emergency Management …