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UnitedHealth Unit Will Start Processing $14B Medical Claims Backlog After Hack

UnitedHealth Group said on Friday its Change Healthcare unit will start to process the medical claims backlog of more than $14 billion as it resumes some software services disrupted by a cyberattack last month. The company has been scrambling to …

Investigation Underway Into Cause of Pennsylvania House Fire That Killed Five

Investigators were searching Thursday for the cause of a fire that tore through a house in the Pittsburgh suburbs, killing a man and four children and spreading to another house before the flames were extinguished. Firefighters arrived quickly but found …

People Moves: Aspire in California Names Daniel Director of Underwriting

Aspire General Insurance named Tracy Daniel director of underwriting. Daniel has more than 26 years of leadership experience in the underwriting field. Most recently, she was the underwriting associate operations manager for car at Lemonade, and an underwriting specialist at …

Police Identify Five Killed in Private Jet Crash Near Rural Airport

Virginia State Police have identified the five people who were killed when a small private jet crashed as it approached a rural airport earlier this month. The twin-engine IAI Astra 1125 left Fort Lauderdale, Florida, on March 10 and was …

Minnesota Homeowners Report Surge in Insurance Complaints

Minnesota homeowners insurance complaints rose 108% from 2020 to 2023, with of those complaints from homeowners concerned their claims were denied or they faced high out-of-pocket costs after damage from wind and hail. The Minnesota Department of Commerce (DOC) shared …

Oklahoma Contractor Faces $103K in Fines After Fatal Workplace Asphyxiation

An Oklahoma City employer’s failure to follow federal safety procedures left a 30-year-old worker suffering fatal asphyxiation as they tried to make repairs inside a water tank at a McClain County wellsite in September 2023, a federal investigation has found. …

People Moves: Massaro Joins Hartford in Northeast; Alliant Adds Spina in New York

The Hartford, headquartered in Hartford, Connecticut, appointed Matthew Massaro head of sales and underwriting for its middle and large commercial businesses’ Northeast division. Massaro has been with The Hartford for over 25 years, most recently serving as regional vice president …

Tech Update: Aon Launches Climate Risk Monitor to Aid Risk Mgmt, Renewal Decisions

Insurance broker Aon plc has launched its Climate Risk Monitor, a tool that helps clients visualize and understand their exposures to physical climate risk in order to enable better business decisions. The property insurance market is increasingly influenced by climate-related …

AM Best Downgrades, Withdraws Credit Ratings of Conifer Insurance Group

AM Best downgraded the Financial Strength Rating to C (Weak) from B+ (Good) and the Long-Term Issuer Credit Ratings (Long-Term ICR) to “ccc” (Weak) from “bbb-” (Good) of Conifer Insurance Co. and White Pine Insurance Co. They are subsidiaries of …

Pinnacol in Colorado Issues $15M Dividend to Businesses

Pinnacol Assurance issued $15 million general dividend to businesses throughout Colorado. This is the ninth straight year Pinacol has issued dividends to customers. Pinnacol Assurance operates similarly to a mutual insurer, treating customers as its owners, which makes them eligible …