January 16, 2025
LOUISVILLE, Ky. (AP) — Spirits giant Brown-Forman Corp. said Tuesday it’s reducing its global workforce by about 12% and closing its hometown barrel-making plant in Louisville. The cost-cutting moves come as American whiskey producers face stiff challenges from changing consumer …
January 16, 2025
A recent decision and concurring opinion by a Florida appeals court may have upset years of practice and could raise costs for workers’ compensation insurers. Some claims that carriers were once ready to close out of due to the statute …
January 10, 2025
If insurance carriers want dibs on a company’s assets as premium security or collateral, they had better specify that those assets include potential tort-claim settlements, a federal appeals court said Wednesday. In a case that involved a Florida staffing company, …
January 10, 2025
The New Jersey Supreme Court recently ruled that an insurer had no duty to defend an insured employer against an injured employee’s personal injury lawsuit alleging negligence and intentional harm. The high court found that Hartford Underwriters Insurance Co. was …
January 4, 2025
An insurer failed to properly cancel a workers’ compensation policy because its multiple notices and other conduct were not “definite, certain, and unambiguous” as to the status of the coverage. As a result, Ace America Insurance Co. is obligated to …
January 3, 2025
Colorado Gov. Jared Polis wants to spin off the state’s stake in Pinnacol Assurance, privatizing the workers’ compensation carrier of last resort to help it make more money and plug government budget holes. The big idea is that pulling up …
January 2, 2025
BTW Solutions bills itself as a drug wholesaler and billing service – and as a way for physicians to maximize profits on workers’ compensation and personal-injury-protection patients through the use of topical creams and durable medical equipment. The Benton, Arkansas-based …
January 1, 2025
An employee who was injured when rescuing chocolate candies from the heat in his employer-owned delivery truck is not due workers’ compensation benefits. The Virginia Workers’ Compensation Commission (WCC) upheld a deputy commissioner’s denial of benefits, agreeing that Ronald Mark …
December 30, 2024
ATLANTA (AP) — A woman died and two other people were hospitalized with injuries after a fire at a Tyson Foods plant in southwest Georgia, state officials said Friday. A wall fell on the cab of an 18-wheel truck parked …
December 30, 2024
Wildfires and their effect on the California’s homeowners insurance crisis dominated Insurance Journal’s West headlines this year. Other popular stories included big lawsuits, and stories on fraudsters and bad actors being caught and punished. Top Insurance Journal West Stories of …