New You can now listen to Insurance Journal articles! The leader of a veterans’ care center in Massachusetts where 76 veterans died after contracting the coronavirus in the spring of 2020 lacked both the leadership skills and the temperament to run...
Excessive monetary tightening has ushered in a period of economic instability for businesses in each developed and developing countries. That is, understandably, causing alarm bells for business leaders, who had hoped for some reprieve post-pandemic. While some businesses are considered recession-proof...
Financiers are helping to fuel an increase in U.S.-style class-action lawsuits within the UK courts, lured by the promise of massive payouts. The British litigation finance industry — which pays legal fees upfront and shares in any eventual payout — has...
State by state variations of laws, compliance protocols, industry transparency, and general regulatory cultures can lend one the impression that maintaining with industry changes is just a little bit like herding cats. So, what higher approach to wrangle a few of...
The husband of a Black woman who died hours after childbirth in 2016 sued Cedars-Sinai Medical hospital on Wednesday, saying she bled to death due to a culture of racism on the renowned Los Angeles medical center. Charles Johnson IV said...
The Department of Justice announced that the Housing Authority of Recent Orleans (HANO) and 7 private developers have agreed to pay $250,000 to settle claims that they violated the Fair Housing Act (FHA) and Americans with Disabilities Act (ADA) by failing...
German insurer Allianz on Friday declined to offer a forecast for 2020 given uncertainty across the COVID-19 pandemic, despite delivering an unexpected 6% rise in third-quarter net profit. Allianz, like other insurers, has warned concerning the impact of clients making claims...
The Los Angeles public school system, the second-largest within the US, said an extortionist group had accessed an enormous database but had not leaked as much sensitive information from it as initially feared. Student and staff data of the Los Angeles...
Days after the skies cleared and the winds died down in Florida, Hurricane Ian’s effects continued Monday, as people faced one other week without power and others were being rescued from homes inundated with lingering floodwaters. Ten additional deaths were blamed...
By this time next year, Citizens Property Insurance policyholders and assignees of benefits could see their claims disputes decided, not in county or circuit courts, but by administrative judges who work for a Florida state agency.The Citizens Board of Governors on...