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INSURANCE NEWS
Texas DWC Proposes Amendments Concerning Claims for Death Benefits
The Texas Department of Insurance, Division of Workers’ Compensation (DWC) is proposing amendments to Texas Administrative Code concerning claims for death benefits. The amendments and new section allow eligible beneficiaries to file claims for death benefits with DWC or an …
Family Accuses Texas School District of Violating Anti-Discrimination Law with Dreadlocks Suspension
HOUSTON (AP) – The debate over whether a Black high school student in Texas should be serving in-school suspension for wearing twisted dreadlocks to class intensified this week as the student’s family and his school district both took legal action. …
Former Minnesota Insurance Broker Charged with Fraud, Allegedly Earned $650,000 in Improper Commissions
A former Minnesota insurance broker has been charged with fraud for allegedly inventing customers and fake Social Security numbers to earn nearly $650,000 in improper commissions. Kevin Anthony Meyers, 48, allegedly submitted hundreds of policy applications from fictitious customers while …
Indiana Workplace Officials Investigate Death of Man Injured While Working on Machine at Evansville Plant
EVANSVILLE, Ind. (AP) – Workplace safety officials are investigating the death of a southwestern Indiana man this week after he was injured at an Evansville plant. Christopher L. Payton, 59, died Monday after he suffered injuries “while working on a …
Railroads Work to Make Sure First Responders Can Quickly Look Up What is on a Train After a Derailment
OMAHA, Neb. (AP) – In the chaos after a Norfolk Southern train careened off the tracks and caught fire in eastern Ohio in February, it took roughly 45 minutes for firefighters to learn exactly which chemicals were involved. Now the …
FTX Sues Sam Bankman-Fried’s Parents to Claw Back Funds
The managers of bankrupt crypto exchange FTX sued the parents of co-founder and former Chief Executive Officer Sam Bankman-Fried to “recover millions of dollars in fraudulently transferred and misappropriated funds.” Allan Joseph Bankman and Barbara Fried allegedly exploited their access …
Two Killed When Pickup Hits Amish Buggy in Upstate New York
ALEXANDRIA, N.Y. (AP) — A pickup truck struck the back of an Amish buggy in northern New York, killing two children who were 1 and 3 years old and injuring four others, police said Thursday. A pickup truck driven by …
Storm Could Bring Winds, Storm Surge to Carolina, Virginia
A potential tropical storm, so far unnamed, was predicted to make landfill in North Carolina Saturday, then push across eastern Virginia and Maryland by Sunday. The storm was off the coast of South Carolina and North Carolina with top sustained …
California Commissioner Announces Strategy to Improve Insurance Market Conditions
California Insurance Commissioner Ricardo Lara announced a package of executive actions to improve insurance choices and protect Californians from increasing climate threats. The California Department of Insurance is calling it the largest insurance reform since voters passed Proposition 103 nearly …
First Private US Passenger Rail Line in a Century Launches in Florida. Safety is a Concern
MIAMI (AP) — The first big test of whether privately owned high-speed passenger train service can prosper in the United States will launch Friday when Florida’s Brightline begins running trains between Miami and Orlando, reaching speeds of 125 mph (200 …
Murdaugh Pleads to Federal Charges for Skimming Settlement Funds from Clients
For the first time, Alex Murdaugh has admitted in federal court that he committed 22 counts of financial fraud and money laundering. Murdaugh, a well-known South Carolina attorney who said he was addicted to opioids, is already serving life without …
Viewpoint: Solving Systemic Risk Is the Cyber Market’s Number One Priority
The Grange Pub in Cardiff is a typical modern British tavern. A short stroll from the city centre, it’s busy most days of the week. Weekends are packed, especially for Sunday lunch. In March 2020 all that stopped. Government lockdown …
