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News – Insurance Journal
Mississippi Supreme Court Kills Voter-Backed Medical Marijuana Initiative
Mississippi will remain in the minority of states without a medical marijuana program after the state Supreme Court on Friday overturned an initiative that voters approved last fall – a decision that also limits other citizen-led efforts to put issues …
POSTED MAY 17, 2021 7:05 AM |
Teams Assess Damage After Fire on Overturned Cargo Ship in Georgia Port
A salvage team assessed damage Saturday after a fire was ignited inside the remains of an overturned cargo ship that is being dismantled along the Georgia coast. “The assessment is likely to take several days,” the multiagency command overseeing the …
POSTED MAY 17, 2021 6:48 AM |
People Moves: Texas Mutual Promotes Potter to CFO, Martin to Sr. VP-HR
Texas Mutual Workers’ compensation insurer, Texas Mutual Insurance Co., has promoted Bill Potter to chief financial officer (CFO). Potter, a certified public accountant, succeeds Mike Barron, who served as Texas Mutual’s CFO for over 17 years and has retired. Potter …
POSTED MAY 17, 2021 5:51 AM |
People Moves: National Interstate Promotes Mikolay, Keenan; Old Republic Surety Names Littlefield VP
National Interstate National Interstate Insurance Co. has promoted Christopher (Chris) E. Mikolay to senior vice president, Specialty Division and Daniel (Dan) M. Keenan to vice president, National Accounts. Mikolay will assume leadership responsibility for National Interstate’s Specialty Division and Hawaii …
POSTED MAY 17, 2021 5:07 AM |
Appeals Court Rejects Bayer Appeal of $25M Roundup Cancer Verdict
A federal appeals court on Friday upheld a $25 million judgment and trial verdict finding Bayer’s Roundup caused a California resident’s non-Hodgkin lymphoma, dealing a blow to the chemical company’s hopes of limiting its legal risk over the weed-killer. The …
POSTED MAY 17, 2021 5:00 AM |
Pipeline Ransomware Attack Stirs Debate on Whether Insurance Attracts Hackers
The ransomware attack on Colonial Pipeline Co. that caused gasoline shortages along the U.S. East Coast also sparked a debate about whether cyber insurance helps protect against marauders — or attracts them. Some cyber-security experts say hackers target companies that …
POSTED MAY 17, 2021 5:00 AM |
Under Pressure, Ransomware Gangs Claim They’re Shutting Dow
Multiple ransomware groups claimed they were shutting down or scaling back operations on Friday as the U.S. government ramped up pressure while tech companies, cryptocurrency exchanges and others worried about getting caught in the crossfire. DarkSide, the Russian-speaking gang blamed …
POSTED MAY 17, 2021 5:00 AM |
Private Firefighting Firms Add to Tension While Saving Vineyards, Mansions From Wildfires
Last October, firefighter Ryan Bellanca and his crew battled to keep the raging Glass Fire in California from devastating an upmarket Napa Valley vineyard. But Bellanca wasn’t working for any fire department. He owns a private company that had been …
POSTED MAY 17, 2021 5:00 AM |
BriteCo Launches Online Jewelry Insurance Program
BriteCo jewelry insurance has launched a program to insure fine jewelry and watches that can be quoted and bound online offering enhanced coverage and a monthly pay option. The new insurance offering is backed by Glencar Insurance Co. Consumers can …
POSTED MAY 17, 2021 4:53 AM |
Judge Rules Florida Deputies Fired Over Parkland Massacre Should Get Jobs Back
A Florida judge ruled Thursday that two deputies who were fired for inaction during a high school mass shooting in 2018 should be reinstated with back pay. Broward Circuit Judge Keathan Frink concluded that arbitrators last year were correct in …
POSTED MAY 17, 2021 4:46 AM |
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