INSURANCE NEWS
Sedgwick Experts Outline Key Workers’ Comp Claims Trends
At last week's RIMS RISKWORLD conference in Chicago, experts from risk and claims administration partner Sedgwick outlined a few key workers' comp trends.
Estonia Says Russia Sent Jet After Attempt to Stop Sanction-Breaking Ship
Estonia said on Thursday that Moscow had briefly sent a fighter jet into NATO airspace over the Baltic Sea during an attempt to stop a Russian-bound oil tanker thought to be part of a “shadow fleet” defying Western sanctions on …
California DoorDash Driver Pleads Guilty to Stealing $2.5M in Deliveries Scam
A former food delivery driver pleaded guilty to conspiring with others to steal more than $2.5 million from DoorDash by getting the company to pay for deliveries that never occurred, federal prosecutors said. Sayee Chaitanya Reddy Devagiri pleaded guilty Tuesday …
People Moves: Delos Insurance Solutions Names Coffman CRO; Venbrook Promotes Lang
Delos Insurance Solutions Appoints Coffman CRO Delos Insurance Solutions appointed Jeremy Coffman to the newly created role of chief revenue officer. As CRO, Coffman focuses on expanding Delos’ agency, carrier, and business to business relationships, simplifying the producer engagement process, …
Pilot’s Lack of Oxygen Cited as Likely Factor in 2023 Private Jet Crash in Virginia
A lack of oxygen that incapacitated the pilot and three passengers is likely what caused a private jet to become unresponsive before flying over the nation’s capital and prompting the military to scramble fighter jets in 2023, according to a …
People Moves: Zurich NA Promotes Fox to Lead National Accounts, Caminiti CUO
Zurich North America announced key leadership changes within U.S. national accounts and underwriting as Heather Fox has been promoted to lead national accounts and Peter Caminiti was promoted to chief underwriting officer. Fox was most recently chief underwriting officer for …
FEMA Chief Says Agency Will Raise State Burden for Disasters to 50%
David Richardson, the new head of the Federal Emergency Management Agency, said on Thursday that states would in the future bear half the costs for responding to natural disasters, up from 25% under current cost-sharing levels. Richardson, who took the …
Tesla’s Robotaxi Launch in Texas Faces Scrutiny Over Potential Accident Risks
Federal safety regulators have asked Elon Musk’s car company to explain how its driverless taxis will avoid causing accidents when they hit the road in Texas next month before a national “robotaxi” launch that is key to keeping its stock …
US House Bill Reintroduced to Rid Federal Insurance Office of Subpoena Power
Rep. Scott Fitzgerald today reintroduced a bill to eliminate the subpoena power of the Federal Insurance Office (FIO). The Insurance Data Protection Act was first presented by Fitzgerald, R-Wis., to the U.S. House of Representatives in September 2023. “FIO’s recent …
Sweltering Heat Wave Hits U.S. from Dakotas to Texas
Sweltering heat more commonly seen in the throes of summer than in the spring was making an unwelcome visit this week to a large portion of the U.S. – from the Dakotas to Texas and other parts of the South …
Coterie Relocating Headquarters to Appleton, Wisconsin
Coterie, a small business MGA, announced it is relocating its headquarters from Cincinnati to Appleton, Wisconsin. Coterie said relocating the company’s headquarters to Appleton provides a reduction in operational costs and improved efficiencies. Coterie said it will realize an immediate …
Three Killed in Fiery Truck-Car Pileup on Georgia Interstate
CALHOUN, Ga. (AP) — Three people were killed and two others injured in a fiery wreck involving multiple vehicles and semi-trailers on the interstate that connects Atlanta to Chattanooga, Tennessee, authorities said. The crash closed all of the southbound lanes …