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Insurance Journal

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Insurance Journal delivers the latest business news for the Property/Casualty insurance industry
Updated: 1 day 15 hours ago

Chesapeake Energy, Others Sued for $1M over Deadly Texas Oil Well Blast

Thu, 02/06/2020 - 16:45
Chesapeake Energy Corp. and three oilfield service firms were sued by the daughter of a worker who suffered fatal injuries when a Texas oil well exploded in flames in late January. The wrongful death suit seeks at least $1 million …

Supreme Court to Consider Fast Track for Obamacare Appeals

Thu, 02/06/2020 - 16:16
The U.S. Supreme Court signaled it will use its Feb. 21 private conference to discuss whether to consider the fate of the Affordable Care Act on a fast-track schedule that would mean a decision by the end of June. The …

Challenge Up Ahead: Building a Morally Ethical Self-Driving Car: Viewpoint

Thu, 02/06/2020 - 16:06
Not too long ago, tech enthusiasts were telling us that by 2020, we’d see self-driving cars hit the mainstream, with some 10 million on the roads. That turned out to be a wild overestimation. The actual number of vehicles in …

Father Sues Oregon Wedding Venue over Daughter’s Death

Thu, 02/06/2020 - 16:02
A man whose daughter died after she jumped or fell from a moving car is suing an Oregon wedding venue for overserving alcohol to the woman’s mother, who was driving at the time of the incident, according to a lawsuit …

PG&E Clears Another Bankruptcy Hurdle with Debt Refinancing

Thu, 02/06/2020 - 16:00
A federal judge has approved a settlement that moves Pacific Gas & Electric closer to getting out of bankruptcy, but the troubled utility still must navigate nettlesome obstacles being put up by the state of California. U.S. Bankruptcy Judge Dennis …

Cancer-Causing Benzene Emissions at 10 Refineries Exceed EPA Limits: Watchdog

Thu, 02/06/2020 - 14:23
Ten U.S. oil refineries, including six in Texas, released the cancer-causing chemical benzene in concentrations that exceeded federal limits last year, according to government data published by the green group Environmental Integrity Project on Thursday. The study is based on …

China’s Coronavirus Deaths, Infections Rise; Supply Chains, Production, Travel Disrupted

Thu, 02/06/2020 - 14:01
China’s fast-moving coronavirus spread among passengers of a quarantined Japanese cruise liner on Thursday and dragged down production at more global businesses, as scientists across the world searched for a vaccine. The death toll from the virus in mainland China …

Uber Wins Ruling That Drivers Are Not Employees in Brazil, Its 2d Biggest Market

Thu, 02/06/2020 - 13:49
A Brazilian higher court for labor ruled on Wednesday that there was no employment relationship between Uber and its drivers, siding with the ride-hailing company against a Sao Paulo driver. The federal judge in Brasilia ruled against recognizing an employer-employee …

DFS Serves Statement of Charges Against NRA Over Violations of N.Y. Insurance Law

Thu, 02/06/2020 - 13:45
The New York Department of Financial Services (DFS) announced that it has served a statement of charges against the National Rifle Association (NRA). The Department alleges that the NRA, which does not have a license to conduct insurance business in …

Nissan Autonomous Car Completes 230-Mile Journey in Britain

Thu, 02/06/2020 - 13:38
CRANFIELD, England – A Nissan car has completed a 230-mile journey autonomously in Britain, the longest and most complex such trip in the country as carmakers race to develop the driverless technologies set to revolutionize travel. Britain has been wooing …

Connecticut School Sued by Former Student Over Sexual Abuse

Thu, 02/06/2020 - 13:13
A former student at a private boarding school for girls in Connecticut says in a federal lawsuit that the school was negligent for allowing a former faculty member to sexually abuse her. The suit filed Tuesday alleges the Westover School …

Hub International Limited Acquires Assets of New York’s Kokkoris Insurance Services

Thu, 02/06/2020 - 13:08
Hub International Limited (Hub), a global insurance brokerage, has acquired the assets of Kokkoris Corp., d/b/a Kokkoris Insurance Services. Terms of the transaction were not disclosed. Based in Astoria, N.Y., Kokkoris Insurance Services is a boutique insurance agency that provides …

Pennsylvania’s Erie Insurance Announces Three Senior Vice President Appointments

Thu, 02/06/2020 - 13:05
Sheryl Rucker has accepted the position of senior vice president of Strategic & Integrated Services, a division of Information Technology at Erie Insurance. In this role, Rucker will have responsibility over a new area – IT Business Enablement – as …

South Carolina Lawmakers Consider Relief Fund for Farmers

Thu, 02/06/2020 - 07:09
The South Carolina House is considering a bill that would create a relief fund for farmers that could be used before federal aid is granted or if help from the U.S. government never comes. The House Agriculture Committee approved the …

Johnson Tapped as Regional VP, Sales at Wisconsin’s Integrity Insurance

Thu, 02/06/2020 - 07:07
Property and casualty insurance carrier Integrity Insurance, headquartered in Appleton, Wisconsin, has appointed Jeremiah Johnson regional vice president, Sales. Johnson will lead the development and execution of sales strategies that address business needs to deliver profitable growth and enhance brand …

Berkshire Hathaway GUARD Expands Commercial Package Coverage Into Michigan

Thu, 02/06/2020 - 07:04
Berkshire Hathaway GUARD Insurance Companies has added Michigan to the list of states where the insurer offers its Commercial Package Policy. The product includes commercial property featuring limits up to $120 million per location with an enhanced causes of loss …

North Carolina Woman Seeks $15M in Sexual Harassment Lawsuit Against NAACP

Thu, 02/06/2020 - 06:59
A woman who repeatedly told the national NAACP that her supervisor in the North Carolina conference had sexually harassed her is suing the national group and her former boss. Jazmyne Childs is seeking at least $15 million for her emotional …

W. Virginia Girl’s Fall Into Restaurant Grease Pit Prompts Legislation to Toughen Fines

Thu, 02/06/2020 - 06:47
Kara Cvechko recalled her heart pounding as she scrambled headfirst down into an outdoor grease pit to save her 5-year-old daughter who had fallen through an unsecured opening at a West Virginia restaurant. Kambria Cvechko’s birthday celebration turned to horror …

Atlanta-Based Crawford & Company Forms Office of Diversity, Taps Verma to Lead

Thu, 02/06/2020 - 06:39
Crawford & Company, a global provider of claims management and outsourcing options to insurance brokers, carriers and corporates, has established an Office of Diversity that will be tasked with designing and implementing programs that promote an inclusive culture and focus …

TDI: Former NFL Player Indicted in Texas for Fraudulent Claims

Thu, 02/06/2020 - 06:37
Former NFL player Willie Montae Reagor was arrested January 30 for submitting fraudulent health reimbursement claims after an investigation by the Texas Department of Insurance (TDI) Fraud Unit. The TDI investigation found Reagor submitted claims totaling more than $80,000 between …

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