|Safety whistleblower’s lawsuit against railroad reinstated
An appeals court has reversed a decision granting summary judgment to CSX Transportation Inc. in a lawsuit filed by an employee who said his employer retaliated against him for reporting safety concerns.
POSTED AUGUST 22, 2017 2:23 PM
|Marketing firm prevails in contract fight with Yahoo
A federal appeals court has reversed a lower court ruling and awarded $4.4 million to a marketing firm in a contract dispute with Yahoo over a basketball promotion that indirectly involved Warren Buffett and Berkshire Hathaway.
POSTED AUGUST 22, 2017 1:59 PM
|Marsh, Ironshore partner on reimbursement risk policy for hospitals
Marsh L.L.C. and Ironshore Inc. are offering insurance to hospitals to cover the risk of potential reductions in Medicare reimbursements under the Centers for Medicare and Medicaid Services’ Hospital Readmissions Reduction Program.
POSTED AUGUST 22, 2017 1:24 PM
|Safety commission vacates employer citations from bulldozer death
An administrative law judge of the U.S. Occupational Safety and Health Review Commission has vacated two citations issued by federal safety and health regulators against a Florida contractor involving a workplace fatality.
POSTED AUGUST 22, 2017 1:10 PM
|Aon D&O insurance clients see continued rate reductions
The price per million in directors and officers liability insurance limits for Aon Risk Solutions clients that renewed in both the first quarter of 2017 and 2016’s first quarter decreased an average of 4.4%.
POSTED AUGUST 22, 2017 12:58 PM
|Ironshore launches emergency response team for cyber claims
Ironshore Inc. on Tuesday said it is launching a computer emergency response team, or CERT, to manage cyber claims across all product lines.
POSTED AUGUST 22, 2017 11:06 AM
|Busier Atlantic hurricane season forecast
The Weather Co. increased its 2017 hurricane forecast to 17 named storms and nine hurricanes due to warmer water temperatures in the Atlantic.
POSTED AUGUST 22, 2017 9:29 AM
|J&J ordered to pay $417 million in trial over talc cancer risks
POSTED AUGUST 22, 2017 7:29 AM
|No clear resolution in Fair Credit Reporting Act case
The issue of when plaintiffs have the right to sue under the Fair Credit Reporting Act for injury may still not be settled despite a U.S. Supreme Court ruling and a subsequent rehearing by a federal appeals court on remand.
POSTED AUGUST 22, 2017 6:00 AM
|Employers within rights to fire Charlottesville marchers
Private-sector employers are generally within their rights to fire or discipline employees for expressing views that could create a hostile work environment or damage the employer’s reputation even if the employees are exercising their First Amendment free speech rights on their own time, as thousands did in Charlottesville, Virginia, earlier this month.
POSTED AUGUST 22, 2017 6:00 AM
News – Insurance Journal
|Idaho City Tells Insurer to Pay For Children’s Chemical Burns
The city of Lewiston has decided to pay medical bills for children from two families who suffered chemical burns at a park. The children were burned after city employees left a toxic paint stripper applied to graffiti near Pioneer Park’s …
POSTED AUGUST 22, 2017 10:42 PM
|Los Angeles Jury Hands Down $417M Award Baby Powder Lawsuit
A Los Angeles jury has ordered Johnson & Johnson to pay a record $417 million to a hospitalized woman who claimed in a lawsuit that the talc in the company’s iconic baby powder causes ovarian cancer when applied regularly for …
POSTED AUGUST 22, 2017 10:36 PM
|Northern Illinois Agency Owner Indicted Again; Slapped with 20 Fraud Counts
The owner of multiple property/casualty insurance operations in northern Illinois has been indicted once again, this time on charges that he defrauded more than 100 clients. Todd J. Fendler, of Rockford, Ill., previously had been charged in federal court on …
POSTED AUGUST 22, 2017 10:21 PM
|Conn. Court Supports $41.7M in Damages to Student Disabled by Tick Bite on School Trip
The Connecticut Supreme Court in August supported a jury’s decision to award $41.7 million in damages to a student permanently disabled by a tick bite while on a school field trip in China, stating that schools in Connecticut are obligated …
POSTED AUGUST 22, 2017 4:54 PM
|Oklahoma Workers’ Comp Report Shows Big Drop in Premium Costs Since 2013
Oklahoma’s workers’ compensation system seems to have benefited from reforms that were initiated in 2013, at least in terms of premium costs for businesses. By the end of 2016, employers in Oklahoma had seen a 30 percent reduction in workers’ …
POSTED AUGUST 22, 2017 4:44 PM
|Online Property Management Service Cozy Takes On Renters Insurance Market
The renters insurance market has been a hard nut to crack for the industry, but an insurance carrier and online rental service platform hope their partnership may be the secret to breaking through. Cozy, an online property management site for …
POSTED AUGUST 22, 2017 4:36 PM
|Young Takes on Role of President at Iowa’s Crop Pro Insurance
Crop Pro Insurance, a Johnston, Iowa-based managing general agent (MGA) specializing in crop insurance, announced that Joe Young, a co-founder of Crop Pro Insurance, has signed on to serve as the new company’s president. Young brings 29 years of insurance …
POSTED AUGUST 22, 2017 4:34 PM
|Ohio’s Grange Insurance Launches 36-Month Policy Option for Businesses
Columbus, Ohio-based Grange Insurance has introduced a new 36-month commercial insurance package policy, aimed at helping select businesses spend less time renewing their insurance each year and more time on what matters most — running and growing their businesses. Grange’s …
POSTED AUGUST 22, 2017 4:29 PM
|Texas Researchers Testing System that May Help Prevent Wrong-Way Driving
Kevin Balke turned his SUV southeastward, checked his instruments and confirmed he was ready. Nearly a mile of concrete stood before him with plenty of room to run, but he wouldn’t need all of it to prove his point — …
POSTED AUGUST 22, 2017 4:23 PM
|Allianz Global Corporate & Specialty Names Mann in California Head of E&O
Allianz Global Corporate & Specialty has named Gary Mann North America head of errors and omissions. He is based in San Francisco, Calif. He reports to Paul Schiavone, North America regional head of financial lines. Mann was previously deputy regional …
POSTED AUGUST 22, 2017 3:43 PM