Insurance Journal Magazine

Insurance Journal
December 23, 2024 Issue

National Articles from December 23, 2024

Talent, Again
Progressive to End Offering Dwelling Fire Insurance
Safeco to Take Personal Lines Renewal Business of Main Street America
2024 More of the Same in Commercial Auto Segment After $5B Net Loss in 2023

Federal Judge Strikes Down Biden Overtime Pay Rule
Verisk: A Shift to More EVs on The Road Could Have Far-Reaching Impacts
US High Court Declines Appeal, Upholds Coverage Ruling on Treated Wood
US Product Recalls on Pace to Hit 6-Year High: Report
Flood Adaptation Preferable to Post-Disaster Rebuilding – And It Helps With Insurability
Insurance and Shrinkflation: Caveat Emptor!
Industry Trends to Exploit for 2025 – Part One
5 Ways to Prepare for the End of the Hard Market
People & Places
Business Moves
Declarations

West Articles from December 23, 2024

Suspects Arrested After Videos Show Fake Bear Attacks in California for Insurance

South Articles from December 23, 2024

Texas Workers’ Comp is Growing, Profitable, Adding Doctors
TWIA Board Reviews 2025 Budget After $455 Million Loss from Beryl
Texas Agency Seeks $100M to Tackle Well Blowouts

Midwest Articles from December 23, 2024

Smithfield to Pay $2M in Minnesota Child Labor Violation Settlement
Minnesota County to Pay $3.4M to Settle Suit Over Detainee’s Death
Missouri Farmer Who Stars in TV Series Admits to Crop Insurance Fraud

East Articles from December 23, 2024

NYC Man Charged With Insurance Fraud in Staged Car Crash Captured by Dashcam
New England Grocers Coping With Cyber Attack
New Hampshire High Court Invalidates Geico Underinsured Claim Provision

West Articles from December 23, 2024

Washington Commissioner: Most Homes in 2023 Wildfire Were Underinsured
Washington Farm Labor Contractor Fined $140K for Withholding Info From Workers

South Articles from December 23, 2024

Texas Pharmacy Owner Sentenced in $41M Health Insurance Fraud
Texas Assisted Living Facility Fined for Firing Nurse With Sleep Disorder

Southeast Articles from December 23, 2024

Would Letting Roofers Do More Wind-Mitigation Work Help Reduce Florida’s Insured Losses in Storms?
Rating Firm Says Florida Insurers Will Weather the Storms. Cat Fund Can Handle Payouts to Insurers
Insurer Not Liable if Bank Improperly Cashes Insurance Check, Appeals Court Says

Midwest Articles from December 23, 2024

NTSB: Chicago Train Operator Had Alcohol in His System During 2023 Crash
Michigan to Pay $13M After Shooter Drill Terrified Children’s Hospital
Akron to Pay $4.8M to Family of Black Man Killed by Police
AM Best Removes Under Review Status of Iowa’s Pharmacists Mutual

East Articles from December 23, 2024

OSHA: Waterproofing Contractor’s Safety Failures Led to Worker’s Crushing Death
4 Charged in $10 Million No-Fault Insurance Fraud Scheme
Delaware Workers’ Compensation Rates to Drop 8.4% and 9.2%

Insurance JournalDecember 23, 2024 Issue

Talent, Again

Progressive to End Offering Dwelling Fire Insurance

Safeco to Take Personal Lines Renewal Business of Main Street America

2024 More of the Same in Commercial Auto Segment After $5B Net Loss in 2023

Federal Judge Strikes Down Biden Overtime Pay Rule

Verisk: A Shift to More EVs on The Road Could Have Far-Reaching Impacts

US High Court Declines Appeal, Upholds Coverage Ruling on Treated Wood

US Product Recalls on Pace to Hit 6-Year High: Report

Flood Adaptation Preferable to Post-Disaster Rebuilding – And It Helps With Insurability

Insurance and Shrinkflation: Caveat Emptor!

Industry Trends to Exploit for 2025 – Part One

5 Ways to Prepare for the End of the Hard Market

People & Places

Business Moves

Declarations

Suspects Arrested After Videos Show Fake Bear Attacks in California for Insurance

Texas Workers’ Comp is Growing, Profitable, Adding Doctors

TWIA Board Reviews 2025 Budget After $455 Million Loss from Beryl

Texas Agency Seeks $100M to Tackle Well Blowouts

Smithfield to Pay $2M in Minnesota Child Labor Violation Settlement

Minnesota County to Pay $3.4M to Settle Suit Over Detainee’s Death

Missouri Farmer Who Stars in TV Series Admits to Crop Insurance Fraud

NYC Man Charged With Insurance Fraud in Staged Car Crash Captured by Dashcam

New England Grocers Coping With Cyber Attack

New Hampshire High Court Invalidates Geico Underinsured Claim Provision

Washington Commissioner: Most Homes in 2023 Wildfire Were Underinsured

Washington Farm Labor Contractor Fined $140K for Withholding Info From Workers

Texas Pharmacy Owner Sentenced in $41M Health Insurance Fraud

Texas Assisted Living Facility Fined for Firing Nurse With Sleep Disorder

Would Letting Roofers Do More Wind-Mitigation Work Help Reduce Florida’s Insured Losses in Storms?

Rating Firm Says Florida Insurers Will Weather the Storms. Cat Fund Can Handle Payouts to Insurers

Insurer Not Liable if Bank Improperly Cashes Insurance Check, Appeals Court Says

NTSB: Chicago Train Operator Had Alcohol in His System During 2023 Crash

Michigan to Pay $13M After Shooter Drill Terrified Children’s Hospital

Akron to Pay $4.8M to Family of Black Man Killed by Police

AM Best Removes Under Review Status of Iowa’s Pharmacists Mutual

OSHA: Waterproofing Contractor’s Safety Failures Led to Worker’s Crushing Death

4 Charged in $10 Million No-Fault Insurance Fraud Scheme

Delaware Workers’ Compensation Rates to Drop 8.4% and 9.2%

Insurance Journal
December 23, 2024 Issue