INSURANCE NEWS
Knife-Wielding Man Shot by Police in West Virginia Emergency Room
CHARLESTON, W.Va. (AP) — Police in West Virginia shot and killed a knife-wielding man in a hospital emergency room after he attacked an employee early Friday, authorities said. The shooting occurred around 1:45 a.m. at Charleston Area Medical Center’s General …
Florida Farm Identified as Source of Raw Milk That Sickened 21 People
TALLAHASSEE, Fla. (AP) — The Florida Department of Health has identified Keely Farms Dairy as the source of raw milk that has sickened 21 people with E. coli or campylobacter since January. A manager of the farm in New Smyrna …
Jacob’s Pillow Cancels Remainder of Season After Employee Dies in Work Accident
Jacob’s Pillow, a renowned dance center in the Berkshires region of Massachusetts, announced it has canceled the rest of its summer festival, following a workplace accident in which an employee was killed. Production manager Kat (Kathryn) Sirico died on August …
Columbia University Hack Affected 870,000 People, Included Some Health Data
A recent breach of Columbia University’s computer systems compromised personal information of about 870,000 people, including students and applicants, according to the school’s reports to state officials in the US. The hack included “any personal information” provided in connection with …
Britain’s M&S Restores Click and Collect Services 15 Weeks After Systems Hacked
British retailer Marks & Spencer has resumed taking click and collect orders for clothing after a nearly four-month hiatus following a cyber hack and data theft. The 141-year-old M&S stopped taking orders through its website and app for clothing and …
African Lender Weighs Claiming Lloyd’s Payout on Zambia Debt
TDB Group, an African trade and development lender, is considering claiming insurance on debt it’s owed by Zambia that has become entangled in a complex restructuring process.The southern African nation, which defaulted in 2020 and later sought to rework around …
Emirates Expands Electronics Restrictions With Power Bank Ban
Emirates will ban the use of power banks aboard its flights and only allow passengers to bring one such device onto the plane, further restricting travelers from carrying electronic gadgets on aircraft. “Emirates is taking a firm and proactive stance …
Nigeria Insurance Stocks Gain Most in Almost 20 Years on New Law
Nigerian insurance stocks had their biggest weekly gain in almost two decades after a new law was passed requiring companies to raise fresh capital and making insurance for property and other assets mandatory. A gauge for the sector on the …
CSU, NOAA Maintain Forecasts for Above-Average Hurricane Season
Colorado State University’s hurricane researchers and the National Oceanic and Atmospheric Administration (NOAA) issued updates to their 2025 Atlantic hurricane forecasts, with both maintaining calls for an ‘above average’ season despite no recorded hurricanes so far. NOAA’s prediction of an …
Insurers Can’t Ask Punitive Damages in Marine Cargo Contract Dispute
Despite allegations of fraud and padding of premiums, neither a Miami-based cargo insurance broker nor a Lloyd’s coverholder canvbe asked to pay punitive damages in a breach-of-contract dispute, a Florida appeals court decided last week. “A plaintiff … may not …
Viewpoint: A Workers’ Comp Hard Market Is Coming to California
Word on the street is that California employers should start expecting higher workers’ compensation rates. California employers have enjoyed a soft workers’ comp market for the last decade, but all indications are now pointing to the market hardening, entering a …
Double Trouble: ID Theft Victim Awarded Both Treble and Punitive Damages
A victim of identity theft is entitled to recover both treble damages and punitive damages under Connecticut laws, according to the state’s highest court. The Connecticut Supreme Court found that the dual awards do not violate the common-law rule against …