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News – Insurance Journal

Finding Toyota Negligent in Accident, Texas Jury Awards $242M to Family
A Texas jury awarded damages of $242 million to a Dallas family after finding that defects in the family’s Lexus sedan caused injuries to their two children during a rear-end collision, the law firm representing the plaintiffs said on Friday. …

POSTED AUGUST 20, 2018 5:02 AM
Stanford Study Links Medical Errors to Physician Burnout
The epidemic of physician burnout may be the source of even more medical errors than unsafe medical workplace conditions, a new study led by Stanford researchers has found. Physician burnout is at least equally responsible for medical errors as unsafe …

POSTED AUGUST 20, 2018 5:00 AM
Millennials in Insurance Talk Age and Tech Gaps, Insurance Being a ‘Well-Kept Secret’
What is the best part about working in insurance? For a group of millennials speaking with Insurance Journal at a July roundtable, the answer was simple. “The people,” roundtable participants agreed. At the same event, when asked about one challenge …

POSTED AUGUST 20, 2018 5:00 AM
Court Says Trump Administration Must Implement Chemical Safety Rule
A federal appeals court on Friday ordered the Trump administration to immediately implement an Obama-era chemical safety rule introduced in response to a 2013 explosion at a fertilizer plant in Texas that killed 15 people. The D.C. Circuit Court ruling …

POSTED AUGUST 20, 2018 5:00 AM
FEMA: Alabamians Need Flood Insurance
The Federal Emergency Management Agency (FEMA) is encouraging those in Alabama to purchase flood insurance. Though flooding is Alabama’s second-most common natural hazard, occurring on average every 12 days, FEMA says only a small percentage of people living in Alabama …

POSTED AUGUST 20, 2018 4:44 AM
12 People Hurt in Tent Collapse at Alabama Traditions Bank Event
Authorities say 12 people have been hospitalized, including three who were seriously injured, after a tent collapsed at a bank’s shareholders’ event. WBMA-TV says about 400 people were under the tent Thursday night when it came crashing down, some ducking …

POSTED AUGUST 20, 2018 4:20 AM
Cabrillo Coastal Launches Flood Coverage Endorsement for Florida Homeowners
Cabrillo Coastal General Insurance Agency, headquartered in Gainesville, Fla., is now offering a flood endorsement for new or existing homeowners policies for their admitted programs in Florida. Cabrillo’s flood product was built from a different rating structure than the National …

POSTED AUGUST 20, 2018 4:06 AM
After Delay, Louisiana OKs Planting of Medical Marijuana
Louisiana’s first legal crop of medical marijuana can be planted this week. Agriculture Commissioner Mike Strain, whose agency regulates the burgeoning industry, loosened a regulatory logjam that created a months-long delay. The Monroe News-Star reports that Strain’s team met with …

POSTED AUGUST 17, 2018 4:59 PM
AIR Worldwide Updates Wildfire Model with Event-Based Risk Management Approach
Catastrophe risk modeling firm AIR Worldwide (AIR) has released an updated Wildfire Model for the United States designed to provide a comprehensive view of the risk of wildfire to property within the 13 westernmost conterminous states. The event-based modeling approach …

POSTED AUGUST 17, 2018 4:57 PM
School System in North Carolina County Accused of Neglect, Discrimination in Suit
A lawsuit filed against a North Carolina school system and its board of education says an elementary school in need of repairs was discriminated against because of race. The Winston-Salem Journal reports the lawsuit, filed Monday against the Winston-Salem/Forsyth County …

POSTED AUGUST 17, 2018 4:46 PM

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