News Archives - Insurance Journal

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28 06, 2024

Ex-Staffers of Missouri Boarding School Face Suit Alleging Abuse of Students

By | June 28th, 2024|Uncategorized|Comments Off on Ex-Staffers of Missouri Boarding School Face Suit Alleging Abuse of Students

JEFFERSON CITY, Mo. (AP) — Yet another civil lawsuit filed Wednesday against a Missouri Christian boarding school by a former student accuses staffers of forced child labor, physical abuse and tactics aimed at hiding mistreatment from authorities. The lawsuit, filed …

28 06, 2024

Allstate, Nationwide Post Dramatic Q12024 Homeowners Loss Ratio Drops: S&P

By | June 28th, 2024|Uncategorized|Comments Off on Allstate, Nationwide Post Dramatic Q12024 Homeowners Loss Ratio Drops: S&P

In the topsy-turvy world of homeowners insurance, first-quarter loss ratios have been bouncing around for the last five years—from below 50 in 2020 to over 70 in 2021 and 2023, a new analysis shows. The S&P Global Market Intelligence analysis …

25 06, 2024

Jury Awards $13M to Ultramarathon Athlete Injured on Seattle Sidewalk

By | June 25th, 2024|Uncategorized|Comments Off on Jury Awards $13M to Ultramarathon Athlete Injured on Seattle Sidewalk

A jury awarded $13.1 million to an ultramarathon athlete who was severely injured when she fell on a Seattle sidewalk in 2021. The award by a King County jury found that the city of Seattle and the owners of an …

25 06, 2024

New Hampshire Weighs Suspension of Trucker Found Not Guilty in Deadly Motorcycle Crash

By | June 25th, 2024|Uncategorized|Comments Off on New Hampshire Weighs Suspension of Trucker Found Not Guilty in Deadly Motorcycle Crash

Days before the five-year anniversary of a crash that killed seven motorcyclists, relatives and friends urged New Hampshire officials not to allow the trucker involved back on the state’s roadways. A jury in 2022 found Volodymyr Zhukovskyy not guilty of …

25 06, 2024

Workers Sue Disney, Say They Were Wrongly Induced to Move to Florida

By | June 25th, 2024|Uncategorized|Comments Off on Workers Sue Disney, Say They Were Wrongly Induced to Move to Florida

ORLANDO, Fla. (AP) — Disney workers are suing their employer, claiming they were fraudulently induced to move from California to Florida to work in a new office campus only to have those plans later scrapped amid a fight between the …

25 06, 2024

Alabama Company Pays $81,000 OSHA Fine After Worker’s Fatal Fall

By | June 25th, 2024|Uncategorized|Comments Off on Alabama Company Pays $81,000 OSHA Fine After Worker’s Fatal Fall

The U.S. Department of Labor has fined an Alabama mobile home manufacturer more than $81,000 after a worker without fall protection slipped and fell to his death last November. The department’s Occupational Safety and Health Administration found that 62-year-old Jerry …

25 06, 2024

Music Labels Sue AI Companies Suno, Udio for Copyright Infringement

By | June 25th, 2024|Uncategorized|Comments Off on Music Labels Sue AI Companies Suno, Udio for Copyright Infringement

Major record labels Sony Music, Universal Music Group and Warner Records sued artificial intelligence companies Suno and Udio on Monday, accusing them of committing mass copyright infringement by using the labels’ recordings to train music-generating AI systems. The companies copied …

25 06, 2024

Federal Judge Blocks Biden Wage Rule for Construction Projects

By | June 25th, 2024|Uncategorized|Comments Off on Federal Judge Blocks Biden Wage Rule for Construction Projects

A federal judge on Monday temporarily blocked a Biden administration rule expanding the cases in which construction contractors are required to pay workers prevailing wages that apply to $200 billion of federally funded infrastructure projects. U.S. District Judge Sam Cummings …

25 06, 2024

Dellwood Specialty Gets A- Rating From AM Best

By | June 25th, 2024|Uncategorized|Comments Off on Dellwood Specialty Gets A- Rating From AM Best

Dellwood Specialty Insurance Company has received a financial strength rating of A- (Excellent) from AM Best. The industry rating agency said the rating as given due to Dellwood’s “very strong” balance sheet strength as well as other factors such as …

25 06, 2024

EU Adds 27 Russian Vessels to List of Entities Under Sanctions

By | June 25th, 2024|Uncategorized|Comments Off on EU Adds 27 Russian Vessels to List of Entities Under Sanctions

The European Union will add 27 vessels, including oil and liquefied natural gas tankers, to its list of entities under sanctions as part of its latest measures against Russia, two sources familiar with the matter said on Monday. EU countries …