INSURANCE NEWS

Auto Insurer’s Online System Breach Tied to Unemployment Fraud

Noblr, a USAA Insurance subsidiary offering insurance through an online quoting application, will pay $500,000 following a data breach that New York officials say affected 80,000 people and led to fraudulent unemployment benefit claims. New York Attorney General Letitia James …
Read More

Amazon Agrees to Worker Safety Measures to Settle OSHA Probe

Amazon.com will implement safety measures at all of its U.S. facilities to settle a federal agency’s claims that it failed to prevent workers from developing back problems and other ergonomic injuries, the agency said on Thursday. Amazon settled a series …
Read More

American Airlines Settles Race Discrimination Suit by Black Men Removed From Flight

American Airlines has agreed to settle a race discrimination lawsuit by three Black men who were temporarily removed from a flight at the insistence of white flight attendants, according to a court filing on Thursday. The terms of the agreement …
Read More

Surviving the ‘Silver Tsunami’: Closing the Talent, Skills Gap in Underwriting

With a “silver tsunami” of skilled underwriters eligible to retire in coming years and a shift in employee expectations, recruitment and retention is a critical focus for the insurance industry right now, said experts during a November webinar hosted by …
Read More

Senate Committee Reveals Climate Change Danger to Financial System

A Senate Budget Committee report shows how dangerous climate change is to the nation’s financial system as well as how bad it could be for homeowners seeking affordable insurance. A Senate Budget Committee Staff report out this month, Uncovering the …
Read More

Medicare Advantage Whistleblower Case Settled in New York

US authorities have reached a settlement to resolve a whistleblower case alleging that a New York state health insurer systematically defrauded the federal Medicare program by exaggerating how sick members were in order to boost profits. The settlement was disclosed …
Read More

US Banning Drone Flights Over New Jersey Utility Transmission Sites

The Federal Aviation Administration on Thursday said it was temporarily barring drone flights over 22 utility locations in New Jersey amid public concern. The FAA said the decision to bar drones for 30 days at the sites was made in …
Read More

Car Crashes in Foggy Weather Injure 33 People Near New Orleans

NEW ORLEANS (AP) — Several people were injured Tuesday morning after foggy conditions contributed to several car crashes that forced the closure of the 24-mile-long (38.6-kilometer-long) bridge connecting the north and south shores of southeast Louisiana’s Lake Pontchartrain. By early …
Read More

Texas Property Management Companies Pay $55K in Disability Discrimination Suit

Texas property management companies Castle Hills Master Association Inc., Bright Realty LLC, Bright Industries LLC, and Bright Executive Services LLC will pay $55,000 and furnish other relief to settle a disability discrimination lawsuit filed by the U.S. Equal Employment Opportunity …
Read More

DARAG Completes Sale of North American and Bermuda Businesses to RiverStone

DARAG Group, the Malta-based legacy acquirer that focuses on the European market, announced it has completed the sale of its North American and Bermuda business entities to the RiverStone Group, a subsidiary of Fairfax Financial Holdings Ltd. Financial details of …
Read More

Denmark Warns That Russia May Send Warships to Escort Oil Tankers

Denmark warned that Russia’s navy may start escorting the so-called shadow fleet tankers through Danish straits to escalate provocations against NATO countries. Threats against Denmark have become “more serious,” and Russia now has more options to challenge North Atlantic Treaty …
Read More

People Moves: Generali Global Corporate & Commercial Taps Allianz’s Moro as Head of Cyber Insurance; Miller Bolsters Asia Power Team, Appointing Howden’s McGonagle

This edition of International People Moves details appointments at Generali Global Corporate & Commercial (GC&C) and the broker Miller. A summary of these new hires follows here. Generali Global Corporate & Commercial Taps Allianz’s Moro as Head of Cyber Insurance …
Read More