Sun.Aug 25, 2024

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Microsoft, Cyber Firms to Meet on Fixes After CrowdStrike Crash

Insurance Journal

Microsoft Corp. is planning a meeting next month with cybersecurity companies that operate at the core of its Windows systems to discuss ways in which they can keep last month’s worldwide computer crash from happening again.

Cyber 290
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What Is Up With Insurance Premiums Other Than They Are Going Up?

Property Insurance Coverage Law

Some of you may have noticed that I am in Boston based upon the post, The Boston Insurance Library. I was invited to a CEO Summit at Harvard this weekend, and the CEOs all had this question: “What is up with our insurance premiums? Can we cut the costs?” Insurance premiums are up for everyone. Business … The post What Is Up With Insurance Premiums Other Than They Are Going Up?

Premium 130
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Crest Insurance Acquires Benefits Specialist DWA in Arizona

Insurance Journal

Crest Insurance Group acquired Dan Weinstein and Associates in Scottsdale, Arizona. DWA principal Dan Weinstein, who has more than 20 years of industry experience in the group benefits space, will join Crest along with the DWA staff.

Insurance 289
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Mailing a Letter, in Context With Other Clues, Is Sufficient Cancellation – NC High Court

Insurance Journal

Simply mailing a cancellation notice to a policyholder, when viewed in the context of other indicators, was enough to comply with state law and void a homeowner’s insurance policy shortly just weeks before a fire destroyed a home, the North …

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Medical Marijuana User Fired After Drug Test Loses Unemployment Benefits Appeal

Insurance Journal

A Vermont man who was fired from his job after he said a random drug test showed he used medical marijuana while off duty for chronic pain has lost his appeal to the Vermont Supreme Court over unemployment benefits.

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Former Citigroup Exec Suing Bank Was Fired for Performance, Company Says

Insurance Journal

Citigroup alleges that a former managing director suing the bank was fired for performance reasons, rather than for what she said were attempts by the bank to give regulators false information.

Liability 278
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J&J in Talks With Holdouts to $6.5 Billion Talc Settlement

Insurance Journal

Johnson & Johnson said on Friday it is negotiating with plaintiffs’ lawyers who have opposed the company’s proposed settlement of lawsuits alleging its baby powder and other talc products caused cancer, seeking to eliminate holdouts to the deal.

Liability 278

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Worker Dies After Excavator Is Buried Under Rocks at Massachusetts Quarry

Insurance Journal

A worker was killed last Thursday morning after a portion of a rock ledge collapsed onto an excavator with the worker inside, burying it under rocks and boulders at a quarry site in Massachusetts.

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FCBI, a Florida Workers’ Comp Fund, Acquires MidSouth Mutual in Tennessee

Insurance Journal

FCBI, a self-insurance fund founded 45 years ago to provide workers’ compensation plans to Florida citrus growers, is expanding well beyond the Sunshine State with the acquisition of MidSouth Mutual Insurance Co. in Tennessee.

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Jury Sides With Teacher in Suit Against District Over Jan. 6 Rally

Insurance Journal

A Pennsylvania school district violated a teacher’s constitutional rights by falsely suggesting he took part in the U.S. Capitol riot on Jan. 6, 2021, a federal jury has concluded.

Liability 264