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What’s to Come in 2024: AI Expansion, More Catastrophes, Network Consolidation

No one can predict the future, but insurance professionals are likely the best qualified when it comes to predicting risk. For this special report, Insurance Journal magazine asked industry thought leaders their predictions for the property/casualty world in 2024 and …

Castle Key’s 54% Condo Rate Hike Gets Hearing, Showing New Pressures in Florida

The Florida Office of Insurance Regulation next week will hold hearings on two property insurers’ requests for 54% average rate increases, one of which has already affected more than 105,000 condominium unit owners. Castle Key Indemnity Co., one of Allstate …

People Moves: Burnham Benefits Names Foderaro Managing Director; Mercury Insurance Names Zhang Chief Data Analytics Officer

Burnham Benefits Names Foderaro Managing Director Burnham Benefits Insurance Services, headquartered in Irvine, California, named William Foderaro as managing director. Foderaro has more than 20 years of experience in the employee benefits industry. He was most recently managing director at …

OSHA Seeks $1M Penalty for New Jersey Contractor Added to ‘Severe Violator’ List

The federal Occupational Safety and Health Administration (OSHA) has cited a New Jersey contractor for again exposing workers to fall hazards, this time while working at a construction site in Franklin Lakes, New Jersey. OSHA said it has inspected Adrian …

Bucks County Refused to Pay Ransom to Restore Systems After Cyberattack

Officials in Bucks County, Pennsylvania, said the government refused to negotiate with the hackers claiming responsibility for the cyberattack on January 21 that shut down computer systems and the county never paid any ransom to restore the systems. Instead, the …

Driver Gets 25 Years for Deaths in ‘Pop-Up’ Car Rally

A driver charged in separate crashes that killed two people during a pop-up car rally in southern New Jersey has been sentenced to 25 years in state prison. Gerald White, 38, of New Castle, Delaware, pleaded guilty in December to …

Teacher Who Held Mock Slave Auction in 4th Grade Class Settles Lawsuit for $75K

A New York teacher who staged a mock slavery auction of Black students in her fourth-grade classroom will pay $75,000 to settle claims on behalf of a 10-year old boy whose mother said he was emotionally damaged by being forced …

Father in Gender-Reveal That Sparked Fatal 2020 California Wildfire Pleads Guilty

A man whose family’s gender reveal photo shoot sparked a Southern California wildfire that killed a firefighter in 2020 has pleaded guilty to involuntary manslaughter, prosecutors said. The El Dorado Fire erupted on Sept. 5, 2020, when Refugio Jimenez Jr. …

Magnitude 5.7 Earthquake Struck Mauna Loa Volcano in Hawaii

A magnitude 5.7 earthquake struck the world’s largest active volcano on Friday — Mauna Loa on the Big Island of Hawaii — knocking items off shelves and cutting power in a nearby town but not immediately prompting reports of serious …

Dartmouth Basketball Players’ Labor Victory Only Start of Path to Union Deal

A ruling that gives the Dartmouth basketball team the right to unionize has far-reaching implications for all of college sports — from the quaint, academically oriented Ivy League to the big-money football factories like Michigan and Alabama. But it’s not …

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