Report: Cost of Prescriptions in Workers’ Comp on The Rise June 3, 2024 While overall utilization is trending downward, cost of prescriptions in workers’ compensation is on the rise, driven by “high-dollar topical...
RiverStone Acquires Electric Insurance; Plymouth Rock Gets Renewal Rights June 3, 2024 By Andrew G. Simpson RiverStone International reports it has closed on its acquisition of Electric Insurance Co. and its two subsidiaries, Elm Insurance Co....
Manufacturer Faces $222K Fine for Worker’s Severe Burns at Ohio Facility June 3, 2024 One of the world’s largest and best-known tool and equipment manufacturers could have prevented a 29-year-old maintenance electrician from suffering...
American Airlines Sued for Removing Black Passengers From Flight June 3, 2024 By Daniel Wiessner American Airlines was accused in a lawsuit on May 29 of race discrimination for temporarily removing three Black men from...
Universal Says it Completed Reinsurance Program With Only a Slight Bump in Cost June 3, 2024 Universal Insurance Holdings, the publicly traded parent of one of Florida’s largest property insurers, said it has completed its reinsurance...
Firefighters Battle California Wildfire With Hot Weather in the Forecast June 3, 2024 Firefighters battling a California wildfire burning east of San Francisco have increased containment on the fire, but hot weather is...
After First Net Loss Since 1923, USAA Back to Profit in 2023 June 3, 2024 By Chad Hemenway USAA on Friday said it recorded net income for 2023 of about $1.2 billion, reversing a 2022 loss—the first for...
5 Killed in Fiery Crash on South Carolina Coastal Road June 3, 2024 ST. HELENA ISLAND, S.C. (AP) — Five people, including a 4-year-old, were killed during a fiery three-vehicle crash near the...
Kansas Storm Claims Total $442 Million for 2023 June 3, 2024 By Insurance Journal Staff Reports Kansas storm claims totaled nearly half a billion dollars in 2023. According to numbers shared by the state’s department of...
Apollo Launches Captive Syndicate at Lloyd’s June 3, 2024 Apollo Syndicate Management Ltd., the Lloyd’s managing agent, announced the launch of the first captive syndicate to be launched under...