INSURANCE NEWS

California Mushroom Farms That Were Sites of Fatal Shootings Fined $450K

The owners of two Northern California mushroom farms where a farmworker killed seven people in back-to-back shootings last year will pay more than $450,000 in back wages and damages to 62 workers, the Labor Department announced. The owners of California …
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Drone Pilot Can’t Do Mapping Without North Carolina Surveyor’s License, Court Says

RALEIGH, N.C. (AP) — A North Carolina board that regulates land surveyors didn’t violate a drone photography pilot’s constitutional rights when it told him to stop advertising and offering aerial map services because he lacked a state license, a federal …
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US Government Urges Federal Contractors to Strengthen Encryption

Companies working with the US government may be required to start protecting their data and technology from attacks by quantum computers as soon as July. The National Institute for Standards and Technology, part of the Department of Commerce, will in …
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Dean Denied Workers’ Compensation for Injury From ‘Walking and Turning’ in Hallway

A community college dean who was injured when she fell after she turned in a hallway to address a colleague is not entitled to workers’ compensation benefits, the Virginia Court of Appeals has ruled. Mary Pat O’Brien, dean of nursing …
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TransUnion: Auto Insurance Shopping Hit 5-Year High in Q1 2024

The number of U.S. consumers who shopped for auto insurance in rose in the first quarter, largely driven by consumers in the West and Midwest. The findings show a continuation of strong growth in shopping at the end of last …
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NormanMax Launches Nat Cat Parametric Lloyd’s Syndicate, Managed by Apollo

NormanMax Insurance Holdings, the Miami, Florida-based parametric re/insurance group, has launched Lloyd’s Syndicate 3939, in partnership with third-party managing agent Apollo. NormanMax Syndicate 3939 is the first syndicate to focuse on natural catastrophe parametric re/insurance products for hurricane, tropical cyclone, …
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‘It Felt Like We Had Crashed’: Singapore Air Passenger Describes Turbulence Terror

One moment Toby Pearl was ensconced in his economy-class seat in row 43 aboard a flight from London to Singapore. The next all hell broke loose, with personal belongings, food and even people being hurled around the cabin, crashing into …
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Compensation for Injured Passengers on Singapore Airlines Could Vary Dramatically

Passengers injured by severe turbulence on a Singapore Airlines flight on Tuesday are likely eligible for compensation, but the amount each receives could differ dramatically even for identical injuries due to an international treaty. One passenger died and the airline …
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Climate Change Made Recent UK and Ireland Storms Much Worse

The heavy downpours seen in the UK and Ireland last fall and winter were about 20% worse because of climate change, a new scientific report found. The region saw as many as 14 severe storms between October and March, flooding …
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Viewpoint: How Liberty Specialty Markets Uses Tech for Claims Risk Management

Once perceived as intricate, time-consuming, and on occasion, frustrating, insurance claims processing has undergone a substantial transformation with the integration of new technological solutions. From artificial intelligence (AI) to big data and automation, the insurance industry is witnessing a rapid …
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Gallagher Updates Regulation for Artificial Intelligence

Gallagher’s Cyber practice remains laser focused on emerging technology and the potential for increased risks as organizations begin to use them. Throughout 2024, we’re concentrated on evolving compliance requirements for the use of artificial intelligence (AI). Recent AI-specific regulatory proposals …
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China Boosts Farmer Protection With Nationwide Insurance for Major Grains

China’s Finance Ministry on Tuesday announced the nationwide implementation of full-cost insurance and planting income insurance policies for rice, wheat and corn, as part of a food security drive to encourage planting of staple grains. The policy is aimed at …
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