Uncategorized

/Uncategorized
11 08, 2020

California Construction Worker Arraigned for Workers’ Comp Fraud

By | August 11th, 2020|Uncategorized|Comments Off on California Construction Worker Arraigned for Workers’ Comp Fraud

Meliton Hernandez Martinez Jr., 23, was arraigned today at the Merced County Superior Court in California on multiple felony counts of insurance fraud and a misdemeanor count of filing a false police report, after allegedly instigating a physical altercation resulting …

12 08, 2020

Australia Detains Cargo Ships for Alleged Labor Violations Related to COVID Lockdowns

By | August 12th, 2020|Uncategorized|Comments Off on Australia Detains Cargo Ships for Alleged Labor Violations Related to COVID Lockdowns

Australian authorities detained at least two cargo ships for alleged labor violations related to demands from seafarers to be sent home, some of whom have spent more than a year at sea. The ships, which are or will be carrying …

11 08, 2020

California Bill Addressing Property Rates in Wildfire-Prone Areas Awaits Hearing

By | August 11th, 2020|Uncategorized|Comments Off on California Bill Addressing Property Rates in Wildfire-Prone Areas Awaits Hearing

The stage has been set for a major battle over a California bill due to be heard in the next few weeks in a key committee that opponents say is a direct attack on insurance consumer protections and proponents say …

12 08, 2020

Mauritius Seeks Compensation from Owners of Cargo Vessel After Massive Oil Spill

By | August 12th, 2020|Uncategorized|Comments Off on Mauritius Seeks Compensation from Owners of Cargo Vessel After Massive Oil Spill

Mauritius is seeking compensation from the owners of the cargo carrier that run aground and spilled oil off its coast, causing the island nation’s worst ever ecological disaster. More than half of about 1,000 tons of fuel that leaked from …

11 08, 2020

Ralph Lauren Suit Alleges Fraud by Insurer Refusing to Cover Coronavirus Losses

By | August 11th, 2020|Uncategorized|Comments Off on Ralph Lauren Suit Alleges Fraud by Insurer Refusing to Cover Coronavirus Losses

Fashion firm Ralph Lauren Corp. is suing its insurer to recoup what it says has been a huge drop of two-thirds of its revenues in the first quarter alone due to the pandemic. Ralph Lauren Corp. (RLC) maintains that Factory …

12 08, 2020

Cyber Lessons for the Insurance Industry Continue Three Years After NotPetya

By | August 12th, 2020|Uncategorized|Comments Off on Cyber Lessons for the Insurance Industry Continue Three Years After NotPetya

This summer marks three years since the NotPetya malware attack, which has been called the most devastating cyber attack in history. While cyber experts say cybersecurity and prevention strategies have since evolved in many ways, they also warn another crippling …

11 08, 2020

Texas Windstorm Insurance Company: No Rate Change for Now

By | August 11th, 2020|Uncategorized|Comments Off on Texas Windstorm Insurance Company: No Rate Change for Now

The board of directors of the Texas’ property insurer last resort for wind and hail in the state’s coastal counties has voted to file a 0% rate change with the Texas Department of Insurance The Texas Windstorm Insurance Association is …

12 08, 2020

Secondary Perils Drive Global Insured Catastrophe Losses of $31B During H1: Swiss Re

By | August 12th, 2020|Uncategorized|Comments Off on Secondary Perils Drive Global Insured Catastrophe Losses of $31B During H1: Swiss Re

Global insured property losses from disasters were US$31 billion in the first half of 2020, up from US$23 billion during the same period last year, according to Swiss Re Institute’s preliminary sigma estimates. Natural catastrophes accounted for US$28 billion of …

11 08, 2020

COVID-19 a Growing Share of Shrinking Work Comp Claims in 2 States

By | August 11th, 2020|Uncategorized|Comments Off on COVID-19 a Growing Share of Shrinking Work Comp Claims in 2 States

COVID-19 has become a large chunk of a dwindling number of workers’ compensation claims in Florida and California, limited data shows. The number of COVID-19 workers’ compensation claims reported in California more than quadrupled to 22,621 since the last data …

12 08, 2020

One Dead, Seven Rescued After Gas Explosion Levels Baltimore Homes

By | August 12th, 2020|Uncategorized|Comments Off on One Dead, Seven Rescued After Gas Explosion Levels Baltimore Homes

A natural gas explosion destroyed three row houses in Baltimore on Monday morning, killing a woman and trapping other people in the debris. At least seven people were seriously injured, and firefighters were searching for more survivors. Dozens of firefighters …