Monthly Archives: <span>April 2024</span>

Property Owner Sued for Negligence in Hiring of Worker With Criminal Record

April Hurley’s attacker entered her apartment after identifying himself as the building maintenance man — a job he should never have obtained, according to a lawsuit filed Monday that accuses the property owner and management company of engaging in negligent …

Hawaii Lawmakers Take Aim at Vacation Rentals After Wildfire Amplifies Housing Crisis

Amy Chadwick spent years scrimping and saving as a single mother of two to buy a house in the town of Lahaina on the Hawaiian island of Maui. But after a devastating fire leveled Lahaina in August and reduced Chadwick’s …

UnitedHealth Says Hackers Possibly Stole Large Number of Americans’ Data

UnitedHealth Group said on Monday that hackers stole health and personal data of potentially a “substantial proportion” of Americans from its systems in February, as the largest U.S. health insurer scrambles to contain the damage. The intrusion at its Change …

Your Flight Plan to Aircraft Insurance

This post is part of a series sponsored by IAT Insurance Group. Before you purchase your aircraft, familiarize yourself with the types of aviation coverage available, the considerations that impact what you need and how much it will cost, along …

Iowa Governor Signs Bill Lowering Reinsurance Tax for Captive Companies

Iowa will lower the amount of reinsurance tax due from some captive companies under a bill signed by Governor Kim Reynolds last week. HF 2636 lowers the tax on premiums written above $60 million to 0.02 percent, down from 5 …

Chubb Records 13.3% Uptick in Q1 Net Income on Underwriting

Chubb started 2024 off with first quarter net income up 13.3%, compared to the same time a year ago, to about $2.1 billion. The first three months of 2024 followed a year Chubb CEO Evan G. Greenberg called the “best …

Michigan Doctor Faces Trial for Alleged $400K Disability Insurance Fraud

A Michigan doctor was bound over last week in the 48th District Court in Bloomfield Hills on charges stemming from an allegedly fraudulent disability insurance claim and subsequent years of receiving fraudulent payments, Michigan Attorney General Dana Nesse announced. She …

Ohio Manufacturer Fined $314K Following Fatal Workplace Incident

An Ohio subsidiary of one of the world’s largest automotive suppliers could have prevented a 26-year-old employee in Franklin from being fatally crushed in October 2023 if the company had provided proper machine guarding. Investigators with the U.S. Department of …

People Moves: Arch Insurance International Promotes Valder to Deputy CEO; Carbon Underwriting Taps Everest Re’s Crocker as Active Underwriter

This edition of International People Moves details appointments at Arch Insurance International and the MGA Carbon Underwriting. A summary of these new hires follow here. Arch Insurance International Promotes Valder to Deputy CEO Arch Insurance International has announced the appointment …

Baltimore to Court: ‘No Way’ Should Ship’s Liability for Bridge Collapse Be Limited

The city of Baltimore is fighting the attempt by the owner and operator of the cargo ship Dali that crashed into the Francis Scott Key Bridge to limit their liability under maritime law. “In no way should their liability be …