INSURANCE NEWS
Violence Against Nurses Climbed 5% Last Year, Report Shows
Reported assaults on nurses jumped 5% across the United States in 2023, according to a new report, raising questions for workers’ compensation insurers and potentially adding to calls for legislation from Congress. Press Ganey, a company that analyzes health care …
Report: Air Ambulance Crew Administered Drug to Balloon Pilot After Arizona Crash That Killed 4
Authorities trying to determine whether drugs were involved in a fatal hot air ballon crash in Arizona released an amended autopsy report stating an anesthetic was administered to the pilot by an air ambulance company while he was being transported …
City Reaches Settlement in Lawsuit Over Death of Opioid-Addicted Woman
Relatives of a Vermont woman whose obituary drew national attention for its candid and heart-breaking discussion of her opioid addiction have reached a settlement with some of the parties who were sued for allegedly failing to provide adequate medical care. …
Farmworker Who Survived Mass Shooting at California Mushroom Farm Sues Company and Owner
A migrant farmworker who survived a mass shooting last year at a Northern California mushroom farm has filed a lawsuit against the farm and one of its owners, saying they failed to keep him safe from the colleague who authorities …
Descartes Labs Acquires Geosite in California
Descartes Labs acquired all of the operating assets of Geosite, a Palo Alto, Califorina-based SaaS provider of geospatial intelligence to property/casualty insurance companies. Rachel Olney, CEO of Geosite, will be leading the insurance technology business within Descartes Labs Inc. Geosite, …
St. Louis Residents Seek Compensation for Illnesses Tied to Nuclear Contamination
Karen Nickel has been dealing with lupus and other illnesses for years, illnesses she blames on childhood exposure to a suburban St. Louis creek where Cold War-era nuclear waste was dumped decades ago. It’s time, she said Friday, for the …
Texas Home Manufacturer Faces $272K Penalty for Safety Violations
An Austin, Texas subsidiary of one of the nation’s largest producers of modular and manufactured homes faces $272,479 in penalties after federal investigators found the company exposing employees to more than two dozen serious violations during an October 2023 inspection. …
Lancashire Launches US Excess & Surplus Lines Carrier
Lancashire Insurance, a subsidiary of Lancashire Group, has been launched as an excess and surplus insurer in the US, expanding the company’s international footprint. Lancashire explained that Lancashire Insurance US (LUS) operates under a delegated underwriting arrangement with Lancashire’s UK …
Pilot Says Plane That Skid at Houston Airport Had Shaky Brakes
HOUSTON (AP) — The captain of a United Airlines jet said the brakes seemed less effective than normal and the plane and brake pedals shook violently just before the Boeing 737 Max slid off a taxiway in Houston last month. …
State Bar of Wisconsin Agrees to Change Diversity Definition in Lawsuit Settlement
MADISON, Wis. (AP) — The Wisconsin association representing attorneys agreed last week to change the definition of “diversity” to settle a federal lawsuit brought by a conservative law firm that argued its internship program unconstitutionally discriminates based on race. The …
Viewpoint: US E&S Sector Is Booming…But Is it Too Much Business to Handle?
Executive Summary: Specialty insurance has experienced significant growth in recent years. Greg Gaydos, senior business development executive at Zywave, looks at the reasons and advises how to best take advantage of its wealth of opportunities. The excess and surplus lines …
Greece Invests Over €2 Billion to Fight Climate Change Effects
Greece is investing €2.1 billion ($2.27 billion) to protect the nation from natural disasters caused by climate change as wildfires are already breaking out ahead of fire season, which normally starts in May. The Aegis program is the first of …