INSURANCE NEWS

When Children Take Toxic Cough Syrup, and Live…

Devouring books from a young age, Sheena Almaera Maryam had been excited about her first day of kindergarten near Jakarta. But when she developed a fever in September 2022, the syrup she was prescribed turned out to be toxic. It …
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Top International Insurance Journal Stories of 2023

Yes, another year has flown by, and it’s once again time for the top 10 international Insurance Journal stories of 2023. This year, they are a real hodgepodge of topics, ranging from hard market trends, to faulty wind turbines, to …
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World Meteorological Organization Says 2023 Will Easily Break Climate Records

With a few days left to go until next year, it can be said that 2023 has officially shattered climate records. A World Meteorological Organization provisional State of the Global Climate report confirmed that 2023 is set to be the …
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Top National Insurance Journal Stories of 2023

Auto insurers again in 2023 had a lot of trouble battling several headwinds preventing them from turning a profit. The topic was one of many in which readers of Insurance Journal kept a close eye. Other than the trials of …
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Top Southeast Insurance Journal Stories of 2023

Outside of the turbulent state of Florida, the Southeastern U.S. saw its share of insurance issues, from carriers pulling out of Georgia to roof-matching requirements in Kentucky to liquor liability problems in South Carolina and dog bites in Alabama. (See …
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After 10 Years, Troubled Kentucky School Boards Insurance Trust Has Been Liquidated

It has taken 10 years but the financially troubled Kentucky School Boards Insurance Trust has been fully liquidated. About $1 million will soon be returned to school districts across the state. “It took a long time to get all the …
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Top Midwest Insurance Journal Stories of 2023

Insurance Journal Midwest readers in 2023 gravitated to stories on multi-million dollar rulings, policy language disputes and failing mutual insurance companies. Readers were also interested in the fallout of the East Palestine, Ohio train derailment and large court settlements. Top …
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Ice Storms and Blizzards Pummel the Central US

MINNEAPOLIS (AP) – From an ice storm in North Dakota that sealed windows shut to blizzard conditions in Colorado causing hundreds of airport delays and cancellations, a winter storm pummeled much of the central United States on Tuesday, the day …
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Fatal Occupational Injuries in Texas Increased by 8% in 2022

Fatal occupational injuries in Texas rose by 8% in 2022. A report from the Texas Department of Insurance, Division of Workers’ Compensation (DWC) shows there were 578 workplace fatalities in private and public/government sectors in 2022, up from 533 in …
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Brokerslink Adds Peruvian Broker to Global Network

Global brokerage business, Brokerslink, has added Consejeros y Corredores de Seguros (CONSEJEROS), a leading broker in Peru, to its growing network. Founded over 34 years ago, CONSEJEROS is a highly respected broker with a strong track record in providing comprehensive …
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5th Circuit Reverses Class Certification in Lawsuit Alleging State Farm Undervalued Total-Loss Claims

A federal appellate court reversed a trial court’s decision to certify a class of plaintiffs in a lawsuit that alleged State Farm Mutual Automobile Insurance Co. undervalued total-loss claims by Louisiana claimants. A panel of the 5th Circuit Court of …
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Ohio Manufacturer Assessed $389K in Penalties for Safety Violations

An Ohio industrial rubber hose manufacturer with a long history of federal workplace safety issues could have prevented a 25-year-old worker from suffering severe crushing injuries by following required safety measures, the U.S. Department of Labor has determined. Investigators with …
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