INSURANCE NEWS
Comp Insurer Antum Risk to Study Hospital Violence in South Carolina
The South Carolina Hospital Association plans to use data to address the growing issue of workplace violence, an effort that could ultimately affect workers’ compensation claim frequency and severity. The association announced it has hired South Carolina-based Antum Risk, a …
Study Shows Climate Change Made Droughts More Likely in 2022
Climate change made droughts in the Northern Hemisphere droughts more likely this year, a new study by a team of U.S. and international scientists shows. The scientists, part of World Weather Attribution, a group that studies links between extreme weather …
Man Charged With Damaging Historic Missouri Home of Composer Scott Joplin
A man was charged Tuesday with breaking into the historic home of ragtime composer Scott Joplin and causing tens of thousands of dollars’ worth of damage. Thirty-eight-year-old Kevin Daley-Bey faces one count each of second-degree burglary and first-degree property damage. …
Nebraska Sandhills Wildfire More Than Half Contained
A destructive Nebraska Sandhills wildfire that saw one firefighter die while fighting the flames was more than half contained by Wednesday, officials said. The size of the Bovee Fire in west-central Nebraska was mapped Tuesday at nearly 19,000 acres, or …
Amended Complaint: Texas Public Adjuster Losses Nearly $8 Million
A public adjuster who is accused of pocketing insurance payouts intended for policyholders took a total of $7.9 million from 14 customers, including four churches, according to an amended complaint filed by the Texas Department of Insurance. The Texas State …
Woman Gets Probation for Massive Capital One Hack in 2019
A former Seattle tech worker convicted of several charges related to a massive hack of Capital One bank and other companies in 2019 was sentenced Tuesday to time served and five years of probation. U.S. District Judge Robert S. Lasnik …
Revival Sought for Outspoken Louisiana Pastor’s Lawsuit Over COVID Restrictions
An outspoken Christian conservative attorney from Alabama has asked a federal appeals court to revive a Louisiana pastor’s damage claims against state officials over long-expired COVID-19 restrictions. A federal judge this year dismissed minister Tony Spell’s lawsuit against Gov. John …
People Moves: Falcon 4 Key Senior Hires; New Chief HR Officer at Hippo
Falcon Expands Leadership Team with Key Senior Hires Falcon Risk Holdings LLC (Falcon), the US Financial, Professional and Cyber lines MGA, has announced four senior appointments to its team. Bryan Harmsen joins the team as chief operating officer. Harmsen previously …
‘Best Before’ Labels Scrutinized as Food Waste Concerns Grow
As awareness grows around the world about the problem of food waste, one culprit in particular is drawing scrutiny: “best before” labels. Manufacturers have used the labels for decades to estimate peak freshness. Unlike “use by” labels, which are found …
AM Best Lifts Negative Review Status, Affirms Credit Ratings of Aegis Security
AM Best has removed from under review with negative implications and affirmed the Financial Strength Rating (FSR) of B++ (Good) and the Long-Term Issuer Credit Rating (Long-Term ICR) of “bbb+” (Good) of Aegis Security Insurance Co., based in Harrisburg, Pennsylvania. …
Florida Comp Workshop on Physician Dispensing Rules Moved to November
The Florida Division of Workers’ Compensation has rescheduled two workshops on proposed rules governing physician dispensing of medications. The workshops were set for Sept. 29 but were postponed due to the arrival of Hurricane Ian across much of Florida last …
$725K Settlement Reached in Fatal Washington Shooting Lawsuit
The Vancouver City Council in Washington has approved a $725,000 settlement in the police shooting of a man who was experiencing a mental health crisis in April 2020. Three Vancouver police officers fatally shot William Abbe, 50. The Thurston County …