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News – Insurance Journal
Insurer Sues West Virginia Gov.’s Company for Failure to Pay Deductibles
An insurance company alleges in a federal lawsuit that a company run by West Virginia Gov. Jim Justice and his adult children owes $166,000 for workers’ compensation and employers’ liability coverage claims. Starr Indemnity & Liability Company said in the …
POSTED MAY 10, 2021 6:39 AM |
Medical Marijuana Approved by Alabama Legislature After Years of Resistance
Alabama lawmakers overcame years of resistance and gave final passage to medical marijuana legislation on Thursday, capping a long and emotional debate in which key Republican lawmakers described switching sides in favor of the proposal. The House of Representatives voted …
POSTED MAY 10, 2021 6:06 AM |
Texas Judge Refuses to Dismiss Theater Chain’s COVID Lawsuit
A federal judge in Sherman, Texas on May 5 ruled against an insurer that sought to dismiss a $500 million COVID-19 business interruption lawsuit by the nation’s third-largest chain of movie theaters. The decision broke a month’s-long losing streak for …
POSTED MAY 10, 2021 5:56 AM |
Insurer AXA to Stop Paying for Ransomware Crime Payments in France
In an apparent industry first, the global insurance company AXA said Thursday it will stop writing cyber-insurance policies in France that reimburse customers for extortion payments made to ransomware criminals. AXA, among Europe’s top five insurers, said it was suspending …
POSTED MAY 10, 2021 12:11 AM |
Broker Gallagher in Talks to Buy Aon, Willis Assets for $3 Billion
Insurance brokerage Arthur J. Gallagher & Co. is in talks to buy a portfolio of assets from Aon Plc and Willis Towers Watson Plc for about $3 billion, according to people familiar with the matter. An agreement could be reached …
POSTED MAY 09, 2021 11:46 PM |
U.S. Working With Colonial Pipeline to Restore Operations After Cyber Attack
The White House was working closely with top U.S. fuel pipeline operator Colonial Pipeline on Sunday to help it recover from a ransomware attack that forced the company to shut a critical fuel network supplying populous eastern states. The attack …
POSTED MAY 09, 2021 11:32 PM |
Texas Fetal “Heartbeat” Bill Expands Lawsuit Liabilities Well Beyond Patient, Provider
Texas lawmakers are poised to enact sweeping restrictions on access to abortions, prohibiting the procedure before many women know they are pregnant, and opening the door for a potential flood of lawsuits against abortion providers. The House on May 6 …
POSTED MAY 07, 2021 9:26 PM |
People Moves: Hippo in California Adds Numerous Technology Leaders
Hippo in Palo Alto, Calif. has added new leadership to its technology team led by Chief Technology Officer Ran Harpaz. The newly appointed technology leaders will be responsible for expanding and enhancing the delivery of Hippo’s technology services to reach …
POSTED MAY 07, 2021 8:43 PM |
50-Plus Insurers Met Deadline to Comply With Washington’s Credit Rule
Washington Insurance Commissioner Mike Kreidler announced today that more than 50 insurance companies met the May 6 deadline to file rating plans that comply with his emergency rule to temporarily prohibit the use of consumers’ credit scores. A temporary ban …
POSTED MAY 07, 2021 5:13 PM |
4 People Killed When Plane Crashes into Mississippi Home
A small plane crashed into a house in Mississippi late Tuesday, killing a man inside as well as a toddler and two adults from Texas who were on board, authorities said. Two National Transportation Safety Board investigators were on the …
POSTED MAY 07, 2021 4:56 PM |
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