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10 06, 2022

North Carolina Asbestos Suit vs. Ford, Other Parts Makers Moves Ahead

By | June 10th, 2022|Uncategorized|Comments Off on North Carolina Asbestos Suit vs. Ford, Other Parts Makers Moves Ahead

A federal lawsuit against Ford Motor Co. and other manufacturers of auto parts that contained asbestos is proceeding, after a judge in North Carolina rejected arguments that a mechanic should have known of the dangers of asbestos. Mesothelioma.net, an advocacy …

10 06, 2022

Missouri Court: Geico Ordered to Pay $5.2 Million Award to Woman Who Contracted STD

By | June 10th, 2022|Uncategorized|Comments Off on Missouri Court: Geico Ordered to Pay $5.2 Million Award to Woman Who Contracted STD

The Missouri Court of Appeals Western District has affirmed a $5.2 million judgment against Geico in a case involving a Jackson County woman who contracted anogenital human papillomavirus (HPV) during sexual encounters in a car insured by the company. Geico …

10 06, 2022

Federal Appeals Court Rules Against Applied in California Department of Insurance Case

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The U.S. Court of Appeals for the Ninth Circuit has affirmed a district court’s dismissal of federal actions in a lawsuit that Applied Underwriters and the California Insurance Co. filed against the California Department of Insurance. This is the latest …

10 06, 2022

PG&E Pleads Not Guilty in Deadly 2020 California Wildfire

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Pacific Gas & Electric this week pleaded not guilty to involuntary manslaughter and other charges it faces after its equipment sparked a wildfire that killed four people and destroyed hundreds of homes in Northern California two years ago, prosecutors announced. …

9 06, 2022

Insurance Bundler Branch Raises $147M, Touts Unicorn Status

By | June 9th, 2022|Uncategorized|Comments Off on Insurance Bundler Branch Raises $147M, Touts Unicorn Status

Columbus, Ohio-based auto and home insurer Branch reported a $147 million Series C funding, which it says brings its valuation to $1.05 billion. Branch, launched in 2019, is a full-stack insurance company that uses data, technology, and automation to make …

9 06, 2022

Hurricane Chief to Take Over as Weather Service Director

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A meteorologist who oversaw warnings and forecasts during one of the busiest spurts of Atlantic hurricane activity on record will take over as the new director of the National Weather Service, as scientists expect extreme and dangerous storms and heatwaves …

9 06, 2022

Mother Charged After Florida Toddler Fatally Shoots Father

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A 2-year old boy fatally shot his father in an accident after finding a gun, and the boy’s mother is now facing criminal charges, authorities in Florida said Monday. Reggie Mabry, 26, was fatally shot late last month while he …

9 06, 2022

Delaware Lawmakers Fail to Override Governor’s Veto of Marijuana Legalization

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A bid to override Democratic Gov. John Carney’s veto of a bill legalizing possession of up to one ounce of marijuana by adults for recreational use failed Tuesday in the state House, likely ending efforts this year to establish a …

9 06, 2022

People Moves: New Faces at Hub and at North Carolina Industrial Commission

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Hub International, a global insurance broker, has named Mark Bowron senior vice president and chief marketing officer for the Carolinas, Hub announced. Bowron, a licensed property and casualty advisor, was previously the director of carrier relations for PCF Insurance Services …

9 06, 2022

Workers Compensation Catastrophes: Past, Present, and Future

By | June 9th, 2022|Uncategorized|Comments Off on Workers Compensation Catastrophes: Past, Present, and Future

This content originally appeared on NCCI’s Insights page. It is used here with permission. Catastrophes in insurance are generally associated with large losses that occur in the property lines of business, such as from natural disasters. However, the workers compensation …