INSURANCE NEWS
Environmental Groups Sue U.S. Over SpaceX Launch License
Conservation groups sued the Federal Aviation Administration on Monday, challenging its approval of expanded rocket launch operations by Elon Musk’s SpaceX next to a national wildlife refuge in South Texas without requiring greater environmental study. The lawsuit comes 11 days …
Survey: Economic and Cyber Risks Lead Global D&O Concerns
At the top of increasing concerns for directors and officers around the globe are economic, geopolitical and cyber risks, according to the latest Directors and Officers Liability 2023 Survey released by Willis Towers Watson (WTW) and Clyde & Co, a …
West Virginians Fear Log Plant’s Potential Health Risks
Residents of a small West Virginia town less than two hours from the nation’s capital are worried that their health and quality of life in the Allegheny Mountains will be upended by a logging company’s plans to relocate a toxin-spewing …
New Risk Retention Group Requirements in Question As Fla. Session Winds Down
Risk retention groups may not be the sexiest of insurance topics, but they have gained new attention this week after the Florida House of Representatives approved a bill that would require strong financial ratings for the groups that operate in …
Tennessee Special Session on Gun Laws Won’t Come Until After July 4
Tennessee Gov. Bill Lee said Friday that a special lawmaking session dedicated to possible changes to the state’s gun laws in the wake of a deadly school shooting last month would likely have to take place after July 4. “I …
New York City Transit Halts Service Alerts on Twitter After Suspension
Shortly after midnight last Thursday, several New York City subway trains slowed to a crawl as emergency crews tended to a person discovered on the tracks in Manhattan. The delays were flagged for the Metropolitan Transportation Authority’s rail control center, …
Court Upholds Denial of Widow’s COVID-19 Workers’ Compensation Death Claim
The widow of a man who died from COVID-19 has been denied workers’ compensation benefits because she failed to prove that the death was work-related. The Appellate Division of the Supreme Court of New York on May 1 upheld the …
Virginia Workers’ Compensation Review Panel Clarifies COVID-19 Presumption
Virginia’s statutory presumption that a COVID-19 disability of a first responder is work-related, which went into effect July 1, 2020, does not require that the employee be diagnosed with COVID-19 on or after that date, a state review panel has …
Mississippi River Continues to Rise in Iowa, Illinois
DAVENPORT, Iowa (AP) – People living along the Mississippi River watched warily Sunday as water levels rose in southeast Iowa and northwest Illinois, awaiting spring crests as floodwaters began to slowly recede and reveal damage in areas further north. The …
Washington Commissioner Confirms He Will Not Seek Reelection
Washington Insurance Commissioner Mike Kreidler sent an email to agency staff on Monday confirming that he will not seek reelection. The nation’s longest currently serving commissioner has for some time said he was unlikely to run for office again. “Serving …
Tornado Hits Virginia Beach; As Many as 100 Homes Could be Damaged
The Virginia Beach community in southeastern Virginia was hit by a tornado on Sunday, April 30, just minutes before 6:00 pm. City Manager Patrick Duhaney declared a state of emergency. Officials said there were no reported injuries but the tornado …
Former Business Partners of McClenny Moseley File 2nd Lawsuit
A company that provided hurricane-damage estimates to embattled McClenny Moseley & Associates says in a lawsuit filed Thursday that the law firm owes it nearly $10 million. Those unpaid invoices allegedly owed to Global Estimating Services come on top of …