INSURANCE NEWS
Shareholders Sue Southwest Airlines Over Flight Meltdown
Shareholders filed a lawsuit against Southwest Airlines Co. on Thursday, accusing the carrier of fraudulently concealing problems that led last month to an operational meltdown and more than 15,000 flight cancellations. According to the proposed class action filed in federal …
Jury Clears Boston Trolley Driver of Negligence Charges Involving Crash That Injured 27
The driver of a Boston light-rail trolley that crashed into the rear of another train in the summer of 2021, sending 27 people to the hospital, was cleared by a jury Wednesday of a gross negligence charge. Owen Turner, 51, …
7 Deaths, Severe Damage in Alabama as Tornadoes Rip Across the Southeast
At least seven people were killed in central Alabama and more are missing after tornadoes and severe storms left a swath of damage across parts of the South. Local news reports said that a large tornado ripped through historic Selma, …
Revisiting School Safety After Shooting of Virginia Teacher by 6-Year-Old
NEWPORT NEWS, Va. (AP) — The shooting of a first-grade teacher by a 6-year-old boy has plunged the nation into uncharted waters of school violence, with many in the Virginia shipbuilding city where it happened demanding metal detectors in every …
WTW Combines Asia and Australasia Into APAC Unit With Weaver as Head
Insurance broker WTW announced the combination of its Asia and Australasia operations into one Asia Pacific region, effective Jan. 1, 2023. As part of the combination, former Head of Australasia Simon Weaver has taken on the new role as head …
Cyber Attack Shuts Down Iowa’s Largest School District
DES MOINES, Iowa (AP) – Iowa’s largest school district cancelled classes for Tuesday after determining there was a cyber attack on its technology network. Des Moines Public Schools announced Monday that classes would be cancelled for its 33,000 students after …
Art Collector Says Van Gogh Painting on Display in Detroit Museum Was Stolen From Him
In October, the Detroit Institute of Arts pulled back the curtains on its three-month Van Gogh exhibit, proudly boasting that its expo of 74 paintings was one of the largest-ever collections assembled of the Dutch master’s famous works. Now a …
Texas DWC Taking Comments on Change to Administrative Code
The Texas Department of Insurance, Division of Workers’ Compensation (DWC) announced that is is accepting public comments on a proposed rule to amend 28 Texas Administrative Code Section 165.1. The changes would add Texas Mutual’s physical address, update Insurance Code …
NTSB Chair Raises Safety Concerns About Heavy Electric Vehicles
U.S. National Transportation Safety Board Chair Jennifer Homendy on Wednesday raised concerns about the increased risk of severe injury and death from heavier electric vehicles on U.S. roads. She cited a General Motors GMC Hummer EV that weighs over 9,000 …
U.S. Securities Regulator Lists April for Climate Rule Action
The top U.S. securities regulator has cited April as the release date for a long-anticipated rule on companies’ climate-related disclosures, according to a recent federal notice. In a draft proposal last March the U.S. Securities and Exchange Commission said it …
School Lawsuits Over Social Media Harm Face Tough Legal Road
Like the tobacco, oil, gun, opioid and vaping industries before them, the big U.S. social media companies are now facing lawsuits brought by public entities that seek to hold them accountable for a huge societal problem – in their case, …
What’s New in Agency Compensation: Participate in the 2023 Survey
Insurance Journal is once again inviting all retail agency owners, principals, producers, account executives, CSRs — the entire agency — to participate in the annual independent insurance agency salary survey for publication in an upcoming issue of Insurance Journal Magazine. …