Industry News

Insurance Journal

Lloyd’s Forms New Operational Structure to Deliver Blueprint 2 Modernization Program

Jan 18, 2022 Lloyd’s announced a new operational structure for the delivery of its transformational Blueprint Two program, following the...

Disaster Recovery Centers to Open in Northeast Arkansas

Jan 18, 2022 Three joint state and federal disaster centers are set to open in northeast Arkansas to assist those affected by tornadoes that killed two people in the area in...

Florida Power & Light Class Action Opens Door to Insurance Subrogation, Future Storm Claims

Jan 18, 2022 A Miami judge’s certification of a lawsuit against Florida’s largest utility company as a $10 billion class action,...

Crews Keep New Jersey Chemical Plant Fire From Spreading

Jan 18, 2022 A dramatic fire near a chemical plant burned through the night and into Saturday in northern New Jersey but led to no evacuation orders or serious injuries — just heavy smoke...

Claims Journal

J&J Reaches Opioid Settlement With Holdout New Mexico

Jan 18, 2022 Johnson & Johnson on Friday said it had agreed to pay $44 million to resolve claims that it fueled the opioid epidemic in New Mexico, a state which originally opted...

Updated CMS Guide Spells Out the Risk of Skipping CMS Review of Work Comp Settlements

Jan 18, 2022 Insurers that are inclined to skip a government review of proposed workers’ compensation settlements may think twice about that strategy...

Survivors of Deadly Bronx Fire Sue Landlords Alleging They Knew of Safety Problems

Jan 18, 2022 Survivors of a Bronx apartment building fire that killed 17 people last week have already filed a lawsuit, charging that the landlords knew of...

New Mexico Public Schools Have Suffered Cyber Attacks for Weeks

Jan 18, 2022 When the superintendent of Albuquerque Public Schools announced earlier this week a cyber attack would lead to the cancellation of classes for around 75,000 students, he...

Best's Reviews

Zurich North America Announces Rural Services Leadership Change

Jan 17, 2022 Zurich North America has named Jason Meador, currently head of captives, to succeed Mike Day as head of rural community insurance services. Dawn...

New Jersey Court Rules Against Chubb Affiliate in $1.4 Billion Merck NotPetya Cyber Liability Case

Jan 17, 2022 A New Jersey Superior Court ruling found in favor of pharmaceuticals company Merck Inc. and its captive insurer in...

House of Lords’ Panel to Review Regulation of London Commercial, Reinsurance Markets

Jan 17, 2022 The House of Lords’ Industry and Regulators Committee is giving the commercial insurance and reinsurance companies of the London...

California Workers’ Comp Commission: Workers’ Comp Claims Hit New High in December Due to Omicron

Jan 17, 2022 A record number of COVID-19-related workers’ compensation claims — more than 8,300 so far — were filed in December...