INSURANCE NEWS
Probe Into EY India’s Office After Worker’s Death Finds it Lacked Labor Welfare Permit
An Ernst & Young (EY) office in western India, which employed a 26-year-old who allegedly died after facing a high workload, has operated since 2007 without a state permit which regulates work hours, a senior government official told Reuters. EY …
Climate Change Made Europe’s Deadly Floods Worse and More Likely
Record rainfall leading to flooding that killed 24 people in Europe earlier in September was twice as likely due to manmade climate change, a study has found. The flooding took place across central Europe after Storm Boris stalled over the …
A ‘Real Race for Talent’ in E&S Industry, Says WSIA’s Kelley [Video]
Brady Kelley, president and CEO of the Wholesale & Specialty Insurance Association, said the organization has been doing a lot to promote the E&S segment in hopes of attracting talent “There is no doubt a real race for talent in …
Insurance CEOs Talk Gen AI, Growth, Workforce Strategies
A much higher percentage of insurance chief executives say that generative AI is a top investment priority for their firms than peers in other industries, according to a survey report published by professional services firm KPMG. Roughly eight-in-10 insurance CEOs—81 …
Purdue Settlement Talks With Sacklers Extended to November
Purdue Pharma LP said its making progress in settlement talks with members of the Sackler family who own the company and won another extension of a breathing spell that’s shielded the family from civil lawsuits for years. Judge Sean Lane …
Highstreet Acquires Mitchell Agency in Florida
Michigan-based Highstreet Insurance Partners has acquired the Mitchell Agency, headquartered in Largo, Florida, near St. Petersburg. Highstreet said in a news release that the Florida agency and its eight employees will be under the direction of Gulf Regional President Vin …
Critics Say Lawmakers Watered Down California’s Lemon Car Law After Secret Negotiations
Californians for the past 54 years have relied on the state’s “lemon law” to fight back against car makers that sell them defective vehicles. Now, critics say Californians’ ability to recoup their money after buying a clunker could become more …
Hundreds Sue Over Alleged Sexual Abuse at Illinois Juvenile Detention Centers
CHICAGO (AP) — More than 200 men and women were sexually abused as children while in custody at juvenile detention centers in Illinois, according to lawsuits filed Monday, the latest in a string of complaints alleging decades of systemic child …
Report: Experts Worry California’s Wildfire Season Could Get Worse
Despite several early blazes and one of the state’s largest so far, experts worry California’s wildfire season could get worse when the seasonal winds responsible for fanning some of the biggest fires arrive. A CNN report out this week queries …
Kansas County Reports Unauthorized Access to Personal Information in Ransomware Attack
A Kansas county said it found unauthorized access and acquisition of personal information maintained by the bounty, including protected health information related to individuals who received services. Franklin County, located southeast of Kansas City, shared in a Sept. 20 update …
JetBlue Flight Makes Emergency Landing In Kansas After False Alarm
SALINA, Kansas (AP) — A JetBlue flight from New York to San Diego landed safely in Kansas after the crew received an alert about smoke in the cargo area, authorities said. The airline said it turned out to be a …
Jury Clears Most Defendants in Trump Train Trial
An Austin jury cleared all but one of six Donald Trump supporters who were accused of breaking federal law when they surrounded a Joe Biden campaign bus driving down a Texas highway days before the 2020 election. The seven-person jury, …