Archive for March 2017

By Andrew G. Simpson The Bank of England will spell out more clearly what insurers should be doing to protect policyholders such as the elderly after a report called for clearer safeguards. The BoE’s Independent Evaluation Office (IEO) looked at how the central bank’s … Read More Read more here:: Insurance Journal       

By Don Jergler In a room packed with insurance industry professionals, an undeniable air of gratitude hung over those who were doing the giving. Speaker after speaker came up and talked to the audience at a charity event about how grateful they were … Read More Read more here:: Insurance Journal       

By Stephanie K. Jones A former Ada County, Idaho, employee who filed a whistleblower lawsuit alleging he was retaliated against and wrongly fired has been awarded $1.7 million. Rich Wright’s attorney said a jury awarded the money to his client on March 14, The … Read More Read more here:: Insurance Journal       

By Stephanie K. Jones A trial is underway in which the U.S. Army Corps of Engineers is defending itself against more than 300 farmers and other landowners who say the agency’s management of the Missouri River has contributed to major flooding in five states, … Read More Read more here:: Insurance Journal       

By L.S. Howard A court in Japan on Friday ruled that Tokyo Electric Power (Tepco) and the government are liable for negligence in a case involving compensation for the Fukushima nuclear disaster, the first time the judiciary has ruled the state has liability, Japanese … Read More Read more here:: Insurance Journal       

By Stephanie K. Jones Dallas officials are working with T-Mobile engineers to determine what’s prompting a flood of ghost calls that’s forced hundreds of 911 calls to be placed on hold and may have slowed the emergency response to two people who died. Dallas … Read More Read more here:: Insurance Journal       

By Stephanie K. Jones Two sisters who are CEOs of sewing companies that are subcontracted by True Religion jeans have been sentenced for conspiring with their accountant to hide tens of millions in payroll to avoid paying for workers’ compensation insurance. Sung Hyun Kim … Read More Read more here:: Insurance Journal       

By Stephanie K. Jones A U.S. judge has given final approval to a settlement agreement in a class-action lawsuit against Lyft Inc., ending a legal case that challenged the independent contractor status of the ride-hailing service’s drivers. U.S. District Judge Vince Chhabria in San … Read More Read more here:: Insurance Journal       

By Stephanie K. Jones The Houston fire chief says the recent death of a firefighter from injuries he suffered four years ago must spur a renewed commitment to firefighter safety to avoid future fatalities. Chief Samuel Pena spoke at a memorial service for retired … Read More Read more here:: Insurance Journal