Insurance products and industry updates
A recent study reveals mixed results in predictive analytics use for workers' compensation claims, highlighting gaps in assessing outcomes and ongoing administrative hurdles.
An Oregon appeals court reinstated a Trader Joe's workers' comp claim, citing new claims-processing rules applicable to ongoing disputes.
Huntersure has rolled out a media errors and omissions insurance program offering coverage up to $5 million, targeting various media professionals.
San Antonio attracts Gen Z movers, while Houston draws millennials, reflecting a trend toward affordability and opportunity in new living locations.
A judge mandates a Chubb unit to defend founders of a debt-relief company against a federal lawsuit alleging illegal pre-collection fees.
A federal court has voided a vape distributor's $6.3 million fire claim due to significant misstatements and concealment on the insurance application.
Kevin Kolenda, head of a prize insurance firm, admitted to wire fraud, misleading clients and withholding payouts during tournaments.
A Missouri court determined that a manufacturer's withdrawal of a job offer invalidated an arbitration clause related to discrimination claims.
The Nevada appeals court partially reinstates a juvenile probation officer's workers' comp claim, affirming medical evidence despite negative X-ray results.
Starbucks settles a Florida lawsuit by agreeing to comply with anti-discrimination laws and pay $1 million while denying any wrongdoing.
Warren Buffett steps down as Berkshire Hathaway's chairman, leaving his legacy with son Howard Buffett while continuing as chairman emeritus.
Marsh Risk promotes Alexander Reath to lead its U.S. real estate and hospitality practice as Duncan Ellis departs for new opportunities.
California's workers' compensation medical payments have risen significantly since the pandemic's onset, with construction claims seeing the highest increases.
A federal court dismissed a lawsuit from Florida consumers who were disappointed by missing faces on Reese’s pumpkins, citing lack of standing.
Lori Seidenberg has launched POC, a consulting firm specializing in risk management services aimed at companies navigating complex risk environments.
CFC now offers expanded cyber insurance for financial institutions, integrating AI threats into its proactive policy, with limits up to $5 million.
A federal judge ruled that workers' compensation was the sole remedy for an employee's negligence lawsuit against Occidental Chemical.
Chubb has appointed Sean Ringsted as chief scientist to spearhead its global AI and analytics initiatives, alongside key leadership changes in digital business.
A Tennessee judge denies a librarian's request for mental health benefits, citing lack of cooperation and insufficient evidence of a mental injury.
Luzern Risk has raised $45 million in Series B funding to boost its technology platform and expand client offerings in alternative risk management.