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Insurance Journal delivers the latest business news for the Property/Casualty insurance industry
Updated: 26 weeks 2 days ago

New Forms, Rate Hikes Likely in 2019 Texas Homeowners Insurance Market

Fri, 03/15/2019 - 11:36am
Texas independent insurance agents might want to warn their homeowner insurance customers that premium hikes and/or increases in deductibles could be on the horizon this year. Homeowners insurers have been filing for rate increases in the state over the past …
Categories: Insurance

Oklahoma High Court Rejects Immediate Delay of Opioid Trial, Sets Hearing Date

Fri, 03/15/2019 - 11:28am
The Oklahoma Supreme Court has rejected a request by drugmakers to immediately postpone the start of what is expected to be the first state trial in lawsuits accusing the companies of fueling an opioid epidemic. The court instead set a …
Categories: Insurance

Critics Say North Dakota Dioceses Too Slow in Naming Problem Priests

Fri, 03/15/2019 - 11:19am
North Dakota’s Roman Catholic dioceses are mulling whether and when to release information about priests accused of sexual abuse, even as critics say they are moving too slowly following explosive revelations in Pennsylvania last year. The Bismarck Diocese, the state’s …
Categories: Insurance

Ohio Hospital Reports 48 Nurses, Pharmacists Over Dosages, Deaths

Fri, 03/15/2019 - 11:16am
The Ohio hospital system where an intensive-care doctor is accused of ordering painkiller overdoses for dozens of patients has put more employees on leave and changed key leaders at the hospital where nearly all those deaths occurred. Mount Carmel Health …
Categories: Insurance

Workers Sue UPS, Alleging Racism, Discrimination at Ohio Hub

Fri, 03/15/2019 - 11:15am
UPS workers at a distribution hub in Ohio have sued the company, alleging discriminatory hiring decisions and a series of racist acts, including a noose and Confederate flags in the workplace. White employees in 2016 directed racist language at black …
Categories: Insurance

California Jury Awards $29M in J&J Baby Powder Cancer Case

Fri, 03/15/2019 - 10:11am
Johnson & Johnson must pay $29 million to a woman who claimed its baby powder gave her terminal cancer, a California jury ruled Wednesday. A Superior Court jury in Oakland found the world’s largest health care company mainly liable for …
Categories: Insurance

Students from University of Southern California, Other Schools File Admissions-Scandal Class Action

Fri, 03/15/2019 - 10:08am
The University of Southern California, Yale University, the University of California Los Angeles and other colleges were sued by two Stanford University students seeking class status over the admissions-bribery scandal that broke Tuesday with charges against 50 parents, coaches, proctors …
Categories: Insurance

Topa in California Names Griffard Director of Financial Planning And Analysis

Fri, 03/15/2019 - 9:57am
Topa Insurance Co. in Calabasas, Calif., has named Geoffrey Griffard director of financial planning and analysis. He has more than 10 years of experience in financial planning, including serving as a manager of financial planning and analysis at Mercury Insurance. …
Categories: Insurance

Hanson Insurance Group Acquires Assets of KMI Insurance in Oregon

Fri, 03/15/2019 - 9:48am
Hanson Insurance Group of Corvallis has acquired KMI Insurance LLC of McMinnville, Ore. KMI will be merging into the Hanson Insurance Group name. Kelly McDonald of KMI Insurance will continue to serve as an advisor to his clients. KMI Insurance …
Categories: Insurance

SEC Sues VW, Ex-CEO over Diesel Emissions Scandal, Alleging Massive Investor Fraud

Fri, 03/15/2019 - 9:26am
The U.S. Securities and Exchange Commission (SEC) is suing Volkswagen (VW) and its former chief executive Martin Winterkorn over the German automaker’s diesel emissions scandal, alleging a “massive fraud” on U.S. investors. VW was caught using illegal software to cheat …
Categories: Insurance