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

Viewpoint: Role of Private Flood Insurance Has Room to Grow With NFIP Instability

Back-to-back hurricane landfalls in the span of less than two weeks have placed flood insurance in a new light for many inside and outside of the insurance industry, if not front and center. Images of flood and storm damage from …

JPMorgan Sues Customers Over Check Fraud Linked to Glitch That Went Viral

JPMorgan Chase, the largest U.S. bank, has begun suing customers for check fraud, saying they improperly withdrew funds by taking illegal advantage of a temporary technical glitch that went viral on TikTok. The glitch in late August let customers deposit …

McDonald’s Sued by Consumers in Proposed Class Action Over E.Coli Outbreak

McDonald’s was sued on Tuesday by consumers in a proposed class action stemming from the E.coli outbreak linked to onions in the fast-food chain’s Quarter Pounders. Amanda McCray of Chicago and William Michael Kraft of Davie, Florida, said they experienced …

Washington Drafting New Ergonomic Rules for Airline Ground Crews

Scheduled airline ground crews, including baggage handlers and maintenance workers, file injury claims for work-related musculoskeletal disorders at more than 10 times the statewide average, according to the Washington State Department of Labor & Industries. WMSDs, which include strains, sprains …

Arthur J. Gallagher Acquires Adept Benefits in Washington

Arthur J. Gallagher & Co. acquired Snoqualmie, Washington-based Adept Benefits LLC. Adept Benefits is a health and benefits consulting firm serving clients in the greater Seattle area. Megan Narrance and her team will remain in their current location under the …

AI Weapons Scanners in NYC Subway Found Zero Guns in Month Test

A pilot program testing AI-powered weapons scanners inside some New York City subway stations this summer did not detect any passengers with firearms — but falsely alerted more than 100 times, according to newly released police data. Through nearly 3,000 …

Transforming Cyber and Tech E&O Insurance with Underwriter Link

This post is part of a series sponsored by Selectsys. As Cyber and Technology Errors & Omissions (Tech E&O) risks grow, insurers face increasing pressure to provide accurate, fast, and competitive coverage. Underwriters need tools that reduce complexity, integrate easily …

Chubb Continues ‘Record’ Year With 13.8% Jump in Q3 Net Income

Chubb recorded an 11.7% increase in P/C underwriting income with a combined ratio of 87.7 as part of third quarter net income of about $2.2 billion, up 13.8% CEO Evan G. Greenberg said the Whitehouse Station, New Jersey-based insurer is …

People Moves: Novak Joins Alliant Insurance Services’ Employee Benefits Group as SVP

Ron Novak joined Alliant Insurance Services, headquartered in Irvine, California, as senior vice president and producer within its employee benefits group. Novak, based in Greater Fayetteville, Arkansas, works with employers across Arkansas, Oklahoma, Missouri, Tennessee, and Texas. Novak has 29 …

State Farm Settles Immigration Discrimination Case with Justice Department

The Justice Department announced that it secured a settlement agreement with State Farm resolving the department’s determination that one of State Farm’s corporate offices in Richardson, Texas, violated the Immigration and Nationality Act (INA) when it terminated a worker in …