California State Fund Declaring 15% Dividend for 2024 Policy Year
State Compensation Insurance Fund in California announced that it will declare a $149 million dividend to qualifying policyholders with policies that took effect between Jan. 1 and Dec. 31, 2024. This dividend equals roughly 15% of the estimated annual premium …
Giuliani Faces Contempt Hearing Over His Assets in Defamation Case
A federal judge is signaling that Rudy Giuliani’s contempt hearing on Friday might not end so well for the former New York City mayor and onetime personal lawyer for President-elect Donald Trump as two Georgia election poll workers try to …
He Saved the Chocolates But Lost His Workers’ Compensation Insurance
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 …
Arkansas Hospital to Pay $14K in Back Wages
An investigation by the U.S. Department of Labor’s Wage and Hour Division found Methodist Family Health in Little Rock, Ark. terminated a worker while out on family medical leave, a violation of the Family Medical Leave Act. The worker had …
Power Company to Pay $61M Over Emissions Violations at Eastern Missouri Plant
The U.S. District Court for the Eastern District of Missouri entered an order on Dec. 17 requiring Ameren Missouri to spend $61 million on projects intended to mitigate violations of the federal Clean Air Act (CAA), including 14 years of …
Storm System Spawned 45 Reports of Tornadoes Across South
Officials assessed the damage on Sunday after a strong storm system moved across the southern U.S. over the weekend, spawning tornadoes and killing at least four people. There were at least 45 reports of tornado damage across Texas, Louisiana, Mississippi, …
Illinois Contractor Faces $266K in Fines for Endangering Workers
Federal inspectors have again cited a Zion, Illinois contractor with an extensive history of endangering workers by exposing them to fall hazards. The latest violations were discovered when employees were found roofing a residential structure without required fall protections – …
Korea Probes Airport Design as Crash Investigation Turns to Wall
South Korean authorities are investigating airport infrastructure at the site of the country’s worst civil air accident as questions grow over the role played in the disaster by a concrete wall at the end of the runway. Transport officials said …
Two Plane Crashes Lead to Deadliest Year in Skies Since 2018
Commercial aviation has suffered its deadliest year since 2018 after the Jeju Air Co. disaster in South Korea and last week’s downing of an Azerbaijan Airlines plane. Fatalities onboard passenger aircraft jumped to 318 this year with the two recent …
Another Hurricane Cost: Duke Energy Files to Recover $1B in Expenses from Storms
Florida consumers, already fuming in recent years from higher property insurance premiums, repair costs and homeowner association fees, could soon see another burden on their pocketbooks: Duke Energy has filed a plan with the Florida Public Service Commission to recover …
Puerto Rico Power Outage Leaves Almost Entire Island in Dark
Nearly all of Puerto Rico was without power Tuesday after a widespread failure in the fragile electricity grid triggered an island-wide blackout. The outage began at 5:30 a.m., leaving about 1.3 million of Puerto Rico’s 1.4 million customers in the …
Rhode Island Ransomware Attack Update: Some Stolen Data Posted to Dark Web
As Rhode Island state officials feared would happen, hackers responsible for a ransomware attack on a popular state-administered benefits portal have posted some of the stolen information to the dark web. Governor Dan McKee told the public that experts are …
Fund Opposing DEI-Hiring Goals Targets Nike, Kraft and Autodesk
A new investment fund that plans to oppose corporate DEI hiring goals is taking aim at Nike Inc., Kraft Heinz Co. and Autodesk Inc. Azoria Partners’ fund says it will avoid S&P 500 companies with specific diversity, equity and inclusion …
UK Insurer Aviva to Cut Up to 2,300 Jobs in $4.65 Billion Direct Line Deal
British insurer Aviva could cut up to 2,300 jobs as it takes over smaller rival Direct Line in a 3.7 billion pound ($4.65 billion) cash-and-stock deal, the companies said on Monday [Dec. 23], creating the UK’s largest home and motor …
Man Charged With Arson, Insurance Fraud Related to Fire at His Home
A Vermont man has been charged with first degree arson and insurance fraud for allegedly setting fire to his own home in Stamford. The Stamford Fire Department responded to a fire on Mill Road on the morning of December 27. …
Brazil Says Workers at China’s BYD Site Are Victims of Human Trafficking
Chinese workers at a construction site in Brazil for a factory owned by China’s electric vehicle producer BYD are victims of human trafficking, Brazilian labor authorities said on Thursday in a growing controversy in BYD’s biggest overseas market. BYD and …
Finland Finds Anchor Drag Marks Left by Tanker That Broke Cables
Finnish authorities investigating damage to subsea power and data cables found drag marks on the seabed likely left by the anchor of seized tanker Eagle S. Working under water, “we have been able to identify the dragging track at the …
A 9th Telecom Firm Hit by Massive Chinese Espionage Campaign, Says White House
A ninth U.S. telecoms firm has been confirmed to have been hacked as part of a sprawling Chinese espionage campaign that gave officials in Beijing access to private texts and phone conversations of an unknown number of Americans, a top …
Two Florida Tourist Sites Halt Drone Shows After Boy Was Hit at Orlando Event
ORLANDO, Fla. (AP) — A theme park resort and a huge hotel in central Florida either have stopped using drones or canceled their drone-based shows after several drones collided and fell from the sky during a separate holiday celebration in …
Helene’s Flooding: The Human Toll on One Family in Tennessee
ERWIN, Tenn. (AP) — Jerry and Sibrina Barrett never spent a day apart over 35 years. They worked long hours, never took vacations, and liked to relax with their son at home. They had no idea that a hurricane could …

Insurance Journal delivers the latest business news for the Property/Casualty insurance industry
Subscribe to Insurance Journal feed