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News Archives - Insurance Journal

Wife of Former Texas Trucking Magnate Charged in Workers’ Comp Fraud Scheme
The Texas Department of Insurance, Division of Workers’ Compensation (DWC) announced last week that Francis Hall, the former co-owner of Bill Hall Jr. Trucking turned herself into Bexar County authorities. There had been a warrant out for Hall’s arrest since …

POSTED AUGUST 12, 2022 4:10 PM
What’s Next for Alex Jones After $49 Million Verdict?
The nearly $50 million defamation verdict against Alex Jones for his years of lies about the Sandy Hook Elementary School massacre is far from a final reckoning. Jones’ attorneys plan to appeal and try to lower the price tag a …

POSTED AUGUST 12, 2022 4:05 PM
Cause Sought for Indiana House Explosion That Killed 3, Damaged 39 Homes
Authorities worked Thursday to determine the cause of a house explosion in a southern Indiana neighborhood that killed three people and left another person hospitalized. The explosion Wednesday afternoon in Evansville damaged 39 homes and crews had not yet completed …

POSTED AUGUST 12, 2022 4:02 PM
Biden Admin Announces $3 Billion in FEMA Climate Resilience Funding
The Biden administration on Friday announced it is putting more than $3 billion into two federal programs to help communities deal with floods, wildfires, extreme heat and other problems imposed by climate change. Funding for the Building Resilient Infrastructure and …

POSTED AUGUST 12, 2022 3:51 PM
Data ‘Surveillance’ Crackdown Begins With FTC Privacy Pitch
The Federal Trade Commission is seeking public feedback on a proposed rulemaking to limit what it’s dubbed “commercial surveillance” by businesses that sell or share information collected about people, with potential new powers to levy fines for data protection violations. …

POSTED AUGUST 12, 2022 3:34 PM
Two More Appeals Courts Rule Against Businesses in COVID-Interruption Suits
Federal and state appeals courts in two Southeastern states have ruled against pandemic-affected businesses, adding to the list of decisions that have found that insurance policies cover only physical damages. In South Carolina, the state Supreme Court this week became …

POSTED AUGUST 12, 2022 3:15 PM
Dutch Insurer NN Group’s H1 Profit Slips on Impact of Storm Claims
NN Group’s core profit fell 12.1% year-on-year in the first half of 2022, the Dutch insurer said on Thursday, citing the impact of weather events and the sale of its asset management arm. Operating profit came in at 983 million …

POSTED AUGUST 12, 2022 3:08 PM
People: McGriff Names Hodo as Chief Strategic Growth Officer
Truist subsidiary McGriff, an insurance broker, has announced that Doug Hodo will rejoin the firm as chief strategic growth officer, based in Texas. Hodo spent the past year working as director of large relationships for a national brokerage. Previously he …

POSTED AUGUST 12, 2022 2:26 PM
Florida’s Citizens Tops 1 Million Policies, Making it Largest in State by a Third
Florida’s Citizens Property Insurance Corp., created by lawmakers as a last-resort option, has become the largest property insurer in the state with more than 1 million policies in force – and growing. Stakeholders did not celebrate the milestone and some …

POSTED AUGUST 12, 2022 2:16 PM
New York Insurance Fund Refunds $550M to Employers for Workplace Safety
The New York State Insurance Fund reported that it returned more than $550 million over the past year to businesses through its workers’ compensation safety discounts and dividends programs. The state agency provides dividends for companies that belong to a …

POSTED AUGUST 12, 2022 1:50 PM

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