INSURANCE NEWS
Kentucky Whistleblower Awarded $2 Million After Retaliation Over Agency’s Child Cases
A jury has found in favor of a state social worker who filed a whistleblower lawsuit claiming he was mistreated by supervisors after reporting problems with dozens of child abuse cases. Jurors in Boone County Circuit Court awarded Tim Williams …
Driver of 18-wheeler Charged After Georgia Crash Kills Two
An Atlanta truck driver is charged with vehicular homicide after a northwest Georgia wreck left two adults dead and three children injured. Joseph Chislom, 47, remained jailed without bail Sunday in Catoosa County after the Friday wreck. Chislom is also …
Kids More Likely to Be Hospitalized from Off-Road Motorcycles Than Quad-Bikes: Study
Motorcycles cause a far higher rate of injuries among children than quad bikes do, a study from UNSW Sydney and NeuRA has found, but quad bikes account for more serious individual injuries. In a retrospective population study carried out by …
New York Jury Awards $15M to Family of Worker Who Died From Mesothelioma
The family of a construction worker who died from mesothelioma after exposure to asbestos-containing joint compound has been awarded $15 million by a New York jury. The $15 million verdict came against Kaiser Gypsum on behalf of the family of …
Cause of New Hampshire Resort Fire Remains Undetermined
Investigators were unable to pinpoint the cause of a fire that damaged a popular North Conway resort, New Hampshire Fire Marshal Sean Toomey said last Friday. The determination came after officials examined the scene and interviewed guests after the April …
Inside Out: How Exit Crime, Insider Threats Are Creating Challenges for Insurers
There has been a lot of talk about how insurance companies are increasingly falling victim to outside cyber attacks, but the risk of insider threats can be just as scary and perhaps a little more difficult to prevent, according to …
Relation Insurance Acquires Maryland’s Insurance, Inc.
Walnut Creek, California-headquartered Relation Insurance Services said it has acquired the assets of Maryland-based Insurance, Inc. Terms of the transaction were not disclosed. Insurance, Inc. provides personal and commercial lines insurance and employee benefits throughout Maryland and is headquartered in …
Britain Initiates Post-Brexit ‘Transformation’ of Financial Services
British financial regulators will have to promote the global competitiveness of the country’s financial sector, though a plan for more government oversight of their work has been put on hold for now, finance minister Nadhim Zahawi said on Tuesday. Zahawi …
Nigeria to Continue $3.5 Billion Civil Claim Against Shell and Eni
Nigeria will continue its $3.5 billion civil claim against Shell Plc and Eni SpA after Italian prosecutors dropped criminal proceedings against the companies, a lawyer representing Africa’s largest crude producer said. The West African country, which joined the case as …
NEXT, Thimble Latest Insurtechs to Announce Layoffs This Year
NEXT Insurance and Thimble are the latest insurtechs to lay off part of their workforce this year, with NEXT citing challenging economic conditions and both insurtechs pointing to an increased focus on profitability. NEXT laid off 17% of its workforce …
Apple Sued Over Antitrust Violations Involving Apple Pay
Apple Inc. was sued on Monday in a proposed class action by payment card issuers accusing the iPhone maker of abusing its market power in mobile devices to thwart competition for its Apple Pay mobile wallet. According to a complaint …
NTSB: Helicopter Descended Quickly in Deadly Crash During Severe New Mexico Fire Season
Evidence indicates that a helicopter that crashed in northern New Mexico after helping fight a wildfire over the weekend descended at a fast rate, with the craft ending up mangled and in pieces after first hitting the ground upright, the …