California Workers’ Independent Medical Review Volume Rose in First Half of 2023

A review of the Independent Medical Review process used to resolve California workers’ compensation medical disputes shows the number of IMR decision letters rose 4.1% in the first six months of 2023 compared to the first half of 2022 after …

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Three Killed When Small Plane Hits Hangar at California Airport

A pilot and two passengers were killed Sunday when a single-engine plane crashed into a hangar and burst into flames at a Southern California airport, authorities said. The Beechcraft P35 with three people on board crashed during departure around 6: …

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No Sign of Health Risks From New York Solar Farm Battery Fire

Local officials said Friday there`s no immediate sign of health or safety risks from a northern New York solar farm battery fire that burned overnight and may persist for some time. The blaze near the tiny village of Chaumont prompted …

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Rochester Diocese Abuse Fund at $126M as 2 More Insurers Settle, But 1 Remains a Holdout

The Catholic Diocese of Rochester and sexual abuse survivors have reached settlements with additional insurers to cover abuse claims, bringing the total amount now available to survivor claimants to $126.35 million. The latest settlements are with insurers Interstate for $50 …

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Connecticut Chief Expects Further Federal Probes Into False Traffic Stop Data

Connecticut`s public safety commissioner on Wednesday told state lawmakers to expect a federal investigation into a recent audit`s findings, which showed hundreds of state troopers submitted false information from 2014 to 2021 on at least 26,000 traffic stops — information …

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Cigna Health Giant Accused of Improper Violation of California Law

A federal lawsuit alleges that health insurance giant Cigna used a computer algorithm to automatically reject hundreds of thousands of patient claims without examining them individually as required by California law. The class-action lawsuit, filed Monday in federal court in …

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China Prepares for Typoon Doksuri as Storm Shuts Parts of Taiwan

China canceled dozens of flights and trains in preparation for Typhoon Doksuri, which has shuttered much of southern and eastern Taiwan after bringing torrential rain and strong winds to the Philippines. At least three people have been killed by the …

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Canada Financial Regulator Proposes Capital Guidelines for Cryptoassets

Canada’s financial regulator on Wednesday proposed changes to its capital and liquidity approach to cryptoassets, citing a risky environment and in response to international banking standards. The Office of the Superintendent of Financial Institutions (OSFI)said guidelines were for federally regulated …

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Washington Physicians’ Insurer Issues Notice of Data Privacy Incident

Physicians Insurance A Mutual Company reported a security incident affecting the personal information for some third-party contractors and the health information for some of its insureds’ patients. “Although we have no evidence to suggest that any personal information has been …

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Russia’s Danube Attacks Threaten Ukraine Grain Exports; Ports’ Insurance Rates Rise

Russian air strikes on Ukrainian grain facilities on the Danube this week threaten a vital river route for Kyiv’s exports, as Moscow seeks to tighten the noose around a key sector of the economy days after abandoning the Black Sea …

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Head Scratcher: Claims Litigation Not Named as Major Factor in Florida Insolvencies

Despite years of complaints from Florida property insurers and some lawmakers that out-of-control claims litigation was destroying the industry, recent regulators’ reports about the reasons for insolvencies make no mention of the “L-word.” The omission has prompted some head scratching …

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Pennsylvania High Court Rejects Damages Cap in Insurance Agency Poaching Case

A jury’s $2.8 million punitive damage award against an insurance agency and broker that tried to poach a competitor’s staff and book of business was not excessive even though it was more than 10 times the amount of compensatory damages, …

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Chubb ‘Record’ Q2 Sees Net Income Up 50.7%

Chubb second-quarter net income went up 50.7% to nearly $1.8 billion and its property/casualty combined ratio came in at 85.4. “We had another simply outstanding quarter – in fact, a record, which contributed to a record six months,” said Evan …

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Report: California Workers’ Comp Premium Levels on the Rise

California workers’ compensation premium levels rose by 14% in 2022 due to the economic recovery from the pandemic-related downturn, according to the new Workers’ Compensation Insurance Rating Bureau of California’s 2023 State of the System Report. The WCIRB report forecasts …

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Pastor to Go to Jail, Repay Church and Insurer for Stealing $130K to Cover Gambling Debts

A New Hampshire executive pastor has been sentenced to 18 months in prison for stealing about $130,000 from his church to pay off gambling debts and make purchases. Gregory Neal, of Barrington, 45, was sentenced in federal court Wednesday and …

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Deck Collapse at Montana Country Club Leaves 30-Pluys Injured During Popular Golf Tournament

More than 30 people were injured when a deck collapsed at a Montana country club during a weekend golf tournament, police and city officials said. The second-story patio floor of Billings` Briarwood Country Club broke and gave way Saturday evening. …

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Typhoon Doksuri Gains Power as It Threatens Philippines, Taiwan

Doksuri has strengthened further and may intensify into a super typhoon before a possible landfall in northern Philippines en route to Taiwan. The typhoon is moving westward “slowly” with maximum winds of 150 kilometers (93 miles) per hour and gusts …

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People Moves: Embroker Names Jennings CEO

Embroker said it promoted Ben Jennings, the company’s chief revenue officer for the last four years, to chief executive officer. The digital business insurance platform said it conducted an extensive search for a new CEO. Founding CEO Matt Miller stepped …

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People Moves: SAIF in Oregon Promotes Keefer to Chief Actuarial Officer

SAIF, headquartered in Salem, Ore., named Olivia Keefer its new chief actuarial officer. Keefer previously served as actuarial director. In her new role, she manages the reserves process, oversees ratemaking and the rate filing process, maintains the economic capital model …

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FTX Sues Bankman-Fried, Others to Recoup More Than $1 Billion

FTX Trading on Thursday sued founder Sam Bankman-Fried and other former executives of the cryptocurrency exchange, seeking to recoup more than $1 billion they allegedly misappropriated before FTX went bankrupt. The complaint filed in Delaware bankruptcy court also names as …

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Direct Connection in California Acquires Education Provider FastrackCE

Direct Connection Advertising & Marketing in California acquired FastrackCE, a state-approved provider insurance continuing education courses. With the acquisition, Direct Connection will now service existing and future FastrackCE customers. FastrackCE is a service for fulfilling insurance CE requirements in 34 …

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New York Technology Firm Sued for Not Hiring Deaf Engineer Who Is Deaf

A Rochester, New York technology firm has been charged with allegedly violating federal law by ending its interview with and failing to hire a qualified applicant for an engineering role because he is deaf. According to a lawsuit by the …

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AT&T Does Not Intend to Immediately Remove Lead Cables From Lake Tahoe

AT&T said on Tuesday it does not intend to immediately remove lead cables from Lake Tahoe pending further analysis, according to its court filing. Shares of AT&T this week hit their lowest level in 30 years, after analysts downgraded the …

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People Moves: Talage in Neada Names Fuher CEO; Kiefer Transitions to Founder

Talage Inc., headquartered in Reno, Nev., appointed Craig Fuher as its new CEO. Fuher is also a founder at Affective Business Intelligence Corp. Company co-founder Adam Kiefer will transition to the newly created founder and executive chairman role. Kiefer co-founded …

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Containment of Massive Southern California Wildfire Grows

Fire crews built containment lines and patrolled for hot spots throughout the day on Wednesday to continue to keep a massive Southern California wildfire from growing. Containment on the Rabbit Fire grew to 55% with extreme heat and low humidity …

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ALKEME Acquires Kansas’ Wiggins Farha, Ohio’s The Milestone Company

ALKEME recently acquired a pair of Midwestern agencies. ALKEME announced the acquisition of Wiggins Farha Insurance Group,a full-service insurance agency operating out of Wichita, Kansas. Wiggans Farha Insurance Group is an independent insurance agency serving the state of Kansas and …

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Estee Lauder Hit by Cyber Attack, With Some Business Operations Disrupted

Cosmetics maker Estee Lauder on Tuesday said a hacker had obtained some data from its systems, with the cyber incident causing, and expected to further cause, disruption to parts of the company’s business operations. The MAC Cosmetics owner was working …

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J&J Must Pay $18.8M to California Cancer Patient in Baby Powder Suit

Johnson & Johnson’s must pay $18.8 million to a California man who said he developed cancer from exposure to its baby powder, a jury decided on Tuesday, a setback for the company as it seeks to settle thousands of similar …

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Ideas Are ‘Being Floated’ on How to Get Ukraine, Russia Grain to World: UN

There are a “number of ideas being floated” to help get Ukrainian and Russian grain and fertilizer to global markets after Moscow quit a deal allowing the safe Black Sea export of Ukraine grain, the United Nations said on Tuesday. …

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ALKEME Acquires Paul Kinan Insurance Group in California

ALKEME acquired the Paul Kinan Insurance Group in Placentia, California. Paul Kinan Insurance group provides a variety of property/casualty insurance services to individuals, families and businesses. ALKEME is based in Ladera Ranch, California and backed by GCP Capital Partners.

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Northern New York Diocese Facing 100 Sexual Abuse Claims Files for Bankruptcy

The Roman Catholic Diocese of Ogdensburg in northern New York said Monday that it was filing for bankruptcy protection as it faces more than 100 lawsuits alleging sexual abuse. The diocese, like others in the state, is dealing with lawsuits …

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Travel Essentials: Passport, Money, Bluetooth Luggage Trackers?

After returning to New York from Oslo in late May, Harley Hendrix noticed her suitcase containing a cherished Alexander McQueen dress had been diverted to Copenhagen. Also rotting in Denmark: packs of cheese that Hendrix had stuffed into the suitcase …

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Business Leaders Appear Less Concerned by Cyber Risk: Report

The worldwide impact of cybercrime on business is predicted to balloon to $10.5 trillion by 2025, but boardroom focus on cyber risk appears to be diminishing, according to a Beazley risk and reliance report. “The perceived threat of cyber risk …

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Maine to Start Paid Family and Medical Leave Program in 2026

Most Maine workers will get up to 12 weeks of paid time off for family or medical reasons as part of a supplemental budget Democratic Gov. Janet Mills signed into law on Tuesday. The spending bill included $25 million in …

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Heavy Rains Swamp Northeast Again; Floods Claims 5 Lives; Others, Including 2 Children, Missing

Heavy rains pounded an already saturated Northeast on Sunday for the second time in a week, spurring another round of flash flooding, cancelled airline flights and power outages. In Pennsylvania, a sudden flash flood late Saturday afternoon claimed at least …

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JPMorgan Should Pay $190 Million Over Epstein Ties, US Virgin Islands Says

The US Virgin Islands said it was seeking at least $190 million from JPMorgan Chase & Co. in its lawsuit accusing the bank of enabling Jeffrey Epstein’s sex-trafficking. The territory stated its minimum damages in a Friday filing in Manhattan …

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Former California Agent Sentenced for Stealing From Consumers

Christopher Ramos, 45, of Santa Rosa, California, was sentenced to four years in prison after an investigation by the California Department of Insurance reportedly found he stole more than $189,000 from consumers and left them uninsured. Ramos was convicted of …

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Vermont Prepared for Epic Flooding. It Wasn’t Enough.

In Windham, Vermont, a wooden A-frame house that normally evokes blustery winters sits on a roadway transformed by record rainfall into a river. Twenty miles away in Bridgewater, a man wades through waist-high waters clutching his belongings. In Montpelier, the …

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Buffalo Supermarket Shooting Victims Sue Facebook, Amazon, Other Tech Giants

Tech and social media giants like Facebook, Amazon and Google bear responsibility for radicalizing the Buffalo supermarket shooter, who was fueled by racist conspiracy theories he encountered online, the victim’s relatives said in a lawsuit filed Wednesday. “They were the …

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People Moves: Cooper Named WCIRB EVP and Chief Actuary

Sean Cooper has been named executive vice president and chief actuary at the Workers’ Compensation Insurance Rating Bureau of California, headquartered in Oakland, Calif. Cooper succeeds Dave Bellusci, who retired from the WCIRB after 33 years. Cooper has more than …

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Forecasters Warn of ‘Life Threatening` Flash Flooding in Parts of Arkansas and Louisiana

EMERSON, Ark. (AP) – Forecasters warned Wednesday of possible life threatening flash flooding in parts of southern Arkansas and northern Louisiana as heavy rain battered the region. The National Weather Service urged residents in four towns in Arkansas` Columbia County …

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Takeaways from Our Conversation on Cannabis Podcasts

The world of cannabis podcasts is as varied as it is broad. Some podcasts focus on the best ways to consume. Others have a business focus. There are podcasts focused almost solely on data, podcasts with a venture capital bent, …

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California Man Paralyzed from Police Run-In Gets $20M Settlement

A Northern California man who was left paralyzed after he was slammed to the ground during a traffic stop won a $20 million settlement, one of the largest in the state`s history, officials announced. Gregory Gross, an Army veteran who …

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Cargo Ship Fire in New Jersey That Killed 2 Is Extinguished After a Week

Crews extinguished the intensely burning fire aboard a cargo ship docked in New Jersey after nearly a week and are now beginning their investigation into the blaze that killed two firefighters, officials said Tuesday. “We can officially declare the fire …

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Justice Department Reversal: Trump Can Be Held Liable in Writer’s Defamation Lawsuit

The Justice Department on Tuesday said that Donald Trump can be held personally liable for remarks he made about a woman who accused him of rape — a reversal of its position that Trump was protected because he was president …

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AXA Weighs Offloading $2B Reinsurance Arm to Cut Exposure to Disasters: Sources

One of the world’s top insurers is mulling offloading its property reinsurance business in a bid to cut its exposure to natural disasters like hurricanes, according to three people familiar with the matter. French insurer AXA SA has been discussing …

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Agent’s Failure to Disclose Dog Comes Back to Bite Homeowner

A Connecticut homeowner who is being sued by a woman who alleges his dog bit her in the face is not entitled to insurance coverage because his home insurance application, which was completed by his insurance agent, indicated he did …

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Buggy Driver, 2 Teens Seriously Injured in Pennsylvania Crash Involving Minivan

A man and two teenagers riding in a buggy pulled by a horse were seriously injured in a crash with a minivan over the weekend, authorities said. State police in Centre County say the minivan struck the rear of the …

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$40M Lawsuit by Virginia Teacher Who Was Shot: Civil Court or Workers Compensation?

Lawyers for a teacher who was shot by her 6-year-old student in Virginia can start the process of interviewing eyewitnesses, reviewing the boy`s disciplinary files and accessing other records for a $40 million lawsuit against the school system, a judge …

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EPAs Lax Enforcement Leaves Thousands of Lead Pipes in Chicago Drinking Water

Even though lead in drinking water damages children`s development, the Environmental Protection Agency has forced very few cities to replace their lead pipes. Consider Chicago, with more water pipes made out of lead than any U.S. city, some 400,000. About …

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Judge Delays Minimum Wage Hike for New York City App Drivers

A judge Friday ordered New York City to temporarily delay new minimum pay standards for app-based food delivery workers, a day after being sued by Uber Eats, DoorDash and Grubhub. City officials recently announced plans to substantially increase earnings for …

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Maryland Man Wrongly Imprisoned for 32 Years Gets $2.9M

A Maryland board approved $2.9 million in compensation Wednesday for a man who was wrongly imprisoned for 32 years, including a decade on death row, for two murders he did not commit. John Huffington was pardoned by former Gov. Larry …

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California Insurance Broker Arraigned for Allegedly Stealing from Small Businesses

Brian Keith Arteaga, 39, of Placentia, California, was arraigned this week on multiple felony counts of grand theft by embezzlement, theft of fiduciary funds, insurance fraud, and money laundering after a California Department of Insurance investigation found he allegedly stole …

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Higginbotham Acquires Cress Insurance Group in New Mexico

Higginbotham has acquired Cress Insurance Group in Albuquerque, New Mexico. Higginbotham and Cress Insurance Group will come together to enhance service to the group’s 2,500 clients and serve a broader customer base in New Mexico. Higginbotham gave the title of …

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US Labor Agency Sues Starbucks Over Treatment of Seattle Workers

The National Labor Relations Board on Thursday sued Starbucks SBUX.O over the coffee chain’s refusal to rehire 33 workers as it reorganized three downtown Seattle stores, including its flagship store in Pike Place Market. In a petition filed in Seattle …

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UK Cybersecurity Officials Investigate Data Breach Affecting London Hospitals

British cybersecurity officials are investigating an alleged cyberattack on a group of hospitals in London that has led to the disclosure of confidential documents online. A gang of Russian-speaking cybercriminals known as ALPHV, or BlackCat, claimed on its website last …

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UN Climate Alliance Scraps Emissions Rules for Insurers After Exodus

The Net-Zero Insurance Alliance (NZIA) has ditched all requirements for members to set or publish greenhouse gas emission-reduction targets, the U.N. said on Wednesday, a major rewrite of its rules after U.S. political pressure led to a member exodus. The …

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Association of British Insurers Pushes Members to Act on Biodiversity Loss

A British insurance group is pushing its members, which include Allianz SE, Aviva Plc and Chubb Ltd., to step up their efforts to fight biodiversity loss as part of their broader climate-related goals. In a guide published Tuesday, the Association …

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Washington Insurance Commissioner Issues $40K in Fines For Violations

Washington Insurance Commissioner Mike Kreidler issued $40,863 in fines in June against insurance companies and insurance producers for violations of state insurance laws and regulations. Following are the parties fined and their reported violations: Unauthorized insurers Drico Insurance Co., Salt …

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11 People Charged in Alleged $8M Delaware Valley Catalytic Converter Theft Ring

A Philadelphia towing firm and 10 adults one juvenile have been charged in what prosecutors say is a multi-million dollar theft ring that targeted catalytic converters in the Delaware Valley region. The Bucks County District Attorney’s office identified TDI Towing …

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Big I Releases Video Statement From Chairman Costello on Rusbuldt

The Independent Insurance Agents and Brokers of America (The Big I) on Wednesday released a video statement from Chairman John Costello related to the organization’s move to relinquishing retiring chief executive Bob Rusbuldt of his duties immediately after a conference …

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Car Crashes Into New Hampshire Restaurant Injures Dozens

A car crashed into a busy New Hampshire restaurant and injured more than a dozen patrons inside, authorities said. The vehicle struck the Looney Bin Bar & Grill a little after 12:40 p.m. Sunday and came to a stop well …

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Thousands of Southern California Hotel Workers Strike Demanding Better Pay and Benefits

Thousands of hotel workers in Southern California walked off the job on Sunday, demanding higher pay and better benefits in what the union is calling the largest strike in its history. Cooks, room attendants, dishwashers, servers, bellmen and front desk …

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Atlanta Police Motorcycles Burned in Arson Attack

Atlanta Police Department motorcycles were damaged in an intentional fire caused by devices set inside a training facility early Saturday, officials said. The Atlanta Fire and Rescue Department responded to reports of a multi-vehicle fire around 2:20 a.m. and found …

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Russias Aging Dark Fleet of Oil Tankers Gets Infusion of Newer Ships

An armada of tankers ferrying sanctioned oil around the globe is starting to get younger, bucking a months-long trend of using the world’s oldest and most dangerous vessels. Shortly after President Vladimir Putin’s invasion of Ukraine early last year, hundreds …

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Fusion Specialty Europe Launches Branch in Madrid Led by DUALs Cibin

Fusion Specialty Europe announces the launch of its Southern Europe branch in Madrid, and the appointment of Filippo Cibin as partner, effective immediately. Cibin will lead the expansion of Fusion into Southern European, as part of its continued growth strategy …

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Wind Turbines That Shake and Break Cost Their Maker Billions

Wind turbines make money when they spin. But when they shake, it can cost billions. Siemens Energy AG is struggling to contain the fallout after discovering a main piece on the frame of its wind turbine can move or twist …

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Report Says Driver of Tanker Truck Lost Control on Off-Ramp Causing I-95 Collapse

The driver of a tanker truck hauling gasoline lost control on a curved off-ramp on Interstate 95, causing the truck to flip and catch fire, leading to the collapse of the northbound lanes in early June, federal safety officials said …

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