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News Archives - Insurance Journal
AIG Files Amended Suit Against Former Execs, Dellwood Insurance American International Group and a group of its companies have filed a new, amended complaint against Dellwood Insurance Group, started earlier this year by a group of former AIG executives. The lawsuit filed July 10 in U.S. District Court for …
POSTED JULY 16, 2024 5:21 AM |
Dollar General to Pay $12M Penalty, Improve Safety Discount store operator Dollar General has agreed to pay $12 million in penalty for alleged safety violations that led to blocked exits and fire extinguishers and unsafe storage, the U.S. Labor Department said in a statement. The company is also …
POSTED JULY 16, 2024 5:19 AM |
Georgia Governor Reappoints Bahl to Workers’ Comp Board Georgia Gov. Brian Kemp has reaapointed Neera Bahl to another term on the state Board of Workers’ Compensation. The three-member board, which includes Director Benjamin Vinson and Chairman Frank McKay, acts as the appeals panel, hearing appeals from administrative law …
POSTED JULY 16, 2024 5:02 AM |
Washington Roofers Fined $1.27M for Putting Workers at Risk of Falling Four Washington roofing companies are facing $1.27 million in fines from the Washington State Department of Labor & Industries for safety violations including allowing workers on top of homes without fall protection. L&I cited and fined Allways Roofing Inc. $345,700 …
POSTED JULY 16, 2024 5:00 AM |
Federal Appeals Court Upholds Dismissal of Manufacturer’s COVID-19 Claims A Connecticut-based manufacturer has been denied another opportunity to seek $100 million in insurance coverage for business losses it claims it sustained because of the COVID-19 virus. Amphenol Corp.– a manufacturer of connectors, antennas, sensors, and high-speed specialty cable – …
POSTED JULY 16, 2024 5:00 AM |
People Moves: Fischtrom Joins Altamont Capital Partners as Operating Partner; Williamson Joins Alliant in Denver Fischtrom Joins Altamont Capital Partners as Operating Partner Altamont Capital Partners, based in Palo Alto, California, hired Brad Fischtrom as an operating partner. Fischtrom has more than 20 years of insurance industry experience. He most recently served as chief operating …
POSTED JULY 16, 2024 5:00 AM |
People Moves: Virginia Regulatory Agency Names Damico Chief Administrative Officer Virginia’s business regulator authority, the Virginia State Corporation Commission (SCC), named Joseph F. Damico chief administrative officer. Damico will oversee administrative divisions responsible for the SCC’s budget, human resources, computer technology, data security, public relations, procurement and facilities management. Damico, …
POSTED JULY 16, 2024 5:00 AM |
6 Charged With Bogus Overseas Claims for Gun Shot Wounds, Stabbings, Auto Accidents Five Massachusetts residents and one New York resident have been charged in connection with a health insurance fraud scheme that allegedly involved submitting claims for more than $1 million worth of bogus medical expenses, purportedly incurred during international travel. According …
POSTED JULY 16, 2024 5:00 AM |
Two Fire Tanker Trucks Crash While Heading to Warehouse Blaze, Injuring 7 Firefighters Authorities say seven firefighters were injured when two tanker trucks crashed while responding to a large blaze in York, Pennsylvania. Officials said the crash occurred shortly before 11 p.m. Friday in Spring Garden Township, about a third of a mile …
POSTED JULY 16, 2024 5:00 AM |
Novatae Acquires Missouri-Based Denali Specialty Group Novatae Risk Group announced that it has acquired the assets of Denali Specialty Group, LLC of St. Louis, MO on July 1, 2024. Terms of the transaction were not disclosed. Founded in 2019, Denali is a full-service insurance intermediary that …
POSTED JULY 15, 2024 6:17 PM |
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