INSURANCE NEWS
Bank Will Offer Accommodation to Employee With Anxiety Disability
Citizens Bank will change its company policy and pay $100,000 to a former employee of its Cranston, Rhode Island call center to resolve a disability discrimination lawsuit filed by the Equal Employment Opportunity Commission (EEOC), the federal agency announced. According …
New Jersey Supreme Court: Workers’ Compensation Covers Commuting Employee’s Car Crash Injury
Typically, workers who are injured during their commute to work aren’t eligible for workers’ compensation benefits. The New Jersey Supreme Court highlighted an exception to that rule in a unanimous decision Tuesday. The high court held that a pest control …
New Jersey Blaze lnjured 8 Firefighters and Displaced a Dozen Residents
Eight firefighters were injured battling a Thanksgiving night fire that displaced more than a dozen residents in West New York, New Jersey, officials said. WABC-TV reports that the fire was in an apartment above a pharmacy on Bergenline Avenue at …
Reinsurers Cautious About US Regional Property Cat as Storm Losses Rise: Gallagher Re
After a costly 2023 severe convective storm season in the US, reinsurers underwriting in the regional property catastrophe market are skeptical about providing frequency cover, but their overall appetite remains healthy, according to Gallagher Re. Carriers are less willing to …
Best Agency to Work For – Midwest Bronze Winner: Greater Insurance Service
Sherri Gjermo, CEO of Greater Insurance Service Inc., is the second generation of leadership in the family business. And the third generation is already waiting in the wings. Founded in 1974, the Madison, Wisconsin-based agency was built on a philosophy …
Best Agency to Work For – South Central Bronze Winner: Higginbotham
Rusty Reid joined Higginbotham as the independent insurance agency’s twelfth employee in 1986. Today, about 2,800 of the company’s employees serve thousands of customers at more than 100 offices across 16 states. Those same employees recently propelled the Fort Worth-based …
Kansas Refinery to Pay $23 Million for Clean Air Act Violations and Previous Pollution Problems
OFFEYVILLE, Kan. (AP) – A Kansas refinery has agreed to pay more than $23 million for violating the federal Clean Air Act and breaching a 2012 settlement for earlier pollution problems, the U.S. Justice Department and Environmental Protection Agency announced …
NTSB Focuses on Design Issue in Braking System as Cause of Chicago Train Crash
CHICAGO (AP) – Federal safety officials investigating a Chicago commuter train crash that injured nearly 40 people when it slammed into snow-removal equipment are focusing on a “design problem” with its braking system. National Transportation Safety Board Chairperson Jennifer Homendy …
Texas Supreme Court Reverses Sanctions, Finds Carrier Had Right to Medical Records in UIM Case
The Texas Supreme Court on Friday reversed a Dallas County judge’s decision to sanction an insurer for making an “overbroad” discovery demand, finding that the carrier had a valid interest in the medical records of a claimant who had been …
Beware! Thanksgiving Risks to Watch
Thanksgiving seems like the safest of holidays. No fireworks, no green beer, no candles burning brightly next to tinsel-covered kindling. Just eat your dinner, take a nap and call it a day. And yet, Thanksgiving is among the most dangerous …
Nevada to Pay $340K in Settlement Over Prison Firefighting Conditions
Nevada must pay $340,000 total to the ACLU of Nevada and eight people on a prison firefighting crew in a settlement reached earlier this week, but clears the state of admitting to claims including negligence, intentional infliction of emotional distress …
Governments Increasingly Will Foot Bill for Climate Risks as Insurers Exit: Report
As insurers start to pull out from markets battered by the fallout of climate change, governments are increasingly at risk of having to foot the bill, according to the Bank for International Settlements. “This trend, if left unabated, may lead …