Insurance
Minnesota Workers’ Comp System Stable Despite COVID-19 Impact
Workers’ compensation claim rates and benefits paid in Minnesota continue to be stable or follow their long-term downward trajectories, a new Department of Labor and Industry (DLI) report shows. The 2024 Minnesota Workers’ Compensation System Report presents trend data regarding …
Read More Blue Cross Won’t Appeal: Aetna Set to Run NC State Worker Health Benefits
RALEIGH, N.C. (AP) — Aetna is poised to manage health coverage plan benefits for North Carolina state workers and teachers starting early next year because Blue Cross and Blue Shield of North Carolina said Monday it won’t appeal a judge’s …
Read More High Condo Premiums a Top Issue in Hawaii Legislative Races
Jillian Anderson was planning to make fighting crime in Waikiki the top issue in her campaign for a seat in the Hawaii House of Representatives. Then came the letter from her condo association announcing a 300% increase in insurance premiums, …
Read More Rebuilding After Hurricanes is Complex, Can Change Character of a Community
HORSESHOE BEACH, Fla. (AP) — Before Hurricane Idalia smashed into a small fishing village in northwestern Florida, Charles Long, 68, was fixing up a two-bedroom house for him and his wife. After the August storm, he found remnants of it …
Read More Russian Tactics Make Secret Tanker Oil Switching Harder to Trace
Two near-identical oil tankers trying to beat western sanctions. A secret transfer of Russian crude halfway between Iran and Oman. A supertanker giving a false location. Welcome to the modern trade in Russian petroleum as western sanctions get tougher. Earlier …
Read More Squishmallows Maker Can Sue Build-A-Bear Over Alleged Plush Toy Knockoffs
A U.S. judge rejected Build-A-Bear Workshop’s effort to dismiss a lawsuit claiming that its Skoosherz plush toys were unauthorized knockoffs of Squishmallows, the popular plush toys made by a unit of Warren Buffett’s Berkshire Hathaway. In a decision on Monday, …
Read More Man Admits to Tracking Drivers, Programming Keys, Stealing and Then Reselling Vehicles
A New Jersey man has admitted to orchestrating a multistate car theft and fraud ring that involved tracking drivers, programming keys, stealing their cars, and reselling their vehicles. U.S. Attorney Philip R. Sellinger said that Warren Guerrier pleaded guilty before …
Read More Massachusetts Insurance Agency Deland, Gibson Acquires Atchue Agency
Independent insurance agency Deland, Gibson Insurance Associates in Wellesley, Massachusetts announced it recently acquired Atchue Insurance Agency, which is located about 35 miles away in Worcester. Founded by Earl V. Atchue, Jr. in 1982, Atchue Insurance Agency has grown from …
Read More Fleming Files Lawsuit Against James River, Alleging Fraud During JRG Re Acquisition
Fleming Intermediate Holdings filed a lawsuit against James River Group Holdings Ltd., alleging it had been defrauded during its $300 million acquisition of JRG Reinsurance Co. Once the deal agreement was signed in November 2023, Fleming said, “James River immediately …
Read More Air Canada Hit by Court Ruling After Ex-Maintenance Workers Sue
Air Canada may be forced to pay at least C$100 million ($73.2 million) to about 2,200 former workers after a Quebec court issued a ruling in their class-action lawsuit against the airline. The amount would cover lost wages, lost benefits, …
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