18 04, 2019

FAA Board Says Boeing 737 Max Software Fix Won’t Require Added Training

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A board of pilot experts appointed by U.S. aviation regulators has reviewed Boeing Co.’s proposed software fix for the grounded 737 Max aircraft and concluded that pilots won’t need additional simulator training once the plane is returned to service. The …

18 04, 2019

AIG Settles Another Claim Against Cosby, Who Again Blasts Insurer

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Bill Cosby’s insurance company has settled another lawsuit filed by a female accuser a week before the imprisoned comedian was set to give a deposition in the case, prompting Cosby to call the insurer “complicit” in a scheme to destroy …

18 04, 2019

LA Archdiocese to Pay $8M Payment in Sex Abuse Case

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The Archdiocese of Los Angeles has agreed to pay $8 million to a teenager who was sexually abused by the athletic director at her Catholic high school who had continued to work despite prior allegations of misconduct, it was announced …

17 04, 2019

Pennsylvania Insurance Department to Hold NextGen Academy for College Students

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Pennsylvania Insurance Commissioner Jessica Altman has announced that her department, along with a working group of stakeholders, will this summer hold the Pennsylvania NextGen Insurance Academy to provide college students with an up-close look at various careers in the insurance …

17 04, 2019

Cyber Insurance Demand, Supply, Awareness Continue to Grow: Marsh

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The message about the need to take cyber risk and insurance seriously is getting through to companies and boardrooms. “As risk awareness has grown, more organizations, particularly those focused on their business interruption risk, are turning to the cyber insurance …

17 04, 2019

Experts Give Texas Mixed Reviews on Disaster Preparedness

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More than a year and a half after Hurricane Harvey slammed into Texas, killing dozens, the state is still waiting on billions in federal recovery dollars. In the meantime, Texas lawmakers are looking to prepare the state — the most …

17 04, 2019

Minnesota’s ProHost USA Acquired by Distinguished Programs

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Distinguished Programs, a national insurance program manager headquartered in New York, has acquired Minneapolis, Minnesota-based ProHost USA, a specialty insurance program for restaurants and related risks. Distinguished currently offers umbrella coverage for the restaurant industry, and adding ProHost’s customized restaurant …

17 04, 2019

FAA Board Sees No Need for New Boeing 737 Max Simulator Training

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A board of pilot experts appointed by U.S. aviation regulators has reviewed Boeing Co.’s proposed software fix for the grounded 737 Max aircraft and concluded that pilots won’t need additional simulator training once the plane is returned to service. The …

17 04, 2019

Texas Medical Providers to Pay $30K to Settle Disability Discrimination Suit

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Tyler, Texas-based medical providers, Pulmonary Specialists of Tyler and Sleep Health, will pay $30,000 to settle a disability discrimination lawsuit brought by federal regulators. According to the lawsuit filed by U.S. Equal Employment Opportunity Commission (EEOC), Sleep Health required employees …

17 04, 2019

Report: Insurance Industry Contributes $38B-Plus to Michigan’s Economy

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A new report shows that in 2017, Michigan’s insurance industry made an economic contribution of more than $38 billion to the state’s economy. The report released by Insuring More for Michigan also shows that more than 80,000 individuals were directly …