Industry News

Best's Reviews

AM Best Downgrades Credit Ratings of Merit Life Insurance Company; Maintains Under Review With Developing Implications Status

Apr 25, 2024 AM Best has downgraded the Financial Strength Rating to B++ (Good) from A- (Excellent)...

Molina Healthcare Sees Increased Revenue, Membership in First Quarter

Apr 25, 2024 Molina Healthcare Inc. reported increased membership and premium revenues in the first quarter, even as net income dropped 6% in the period to $...

WTW CEO: Talent Base Stable as Cost Cutting Continues

Apr 25, 2024 WTW succeeded in steadying its talent pool as the broker and consultancy works to simplify its specialty-based strategy, said its chief executive officer....

Insurance Journal

New Jersey Forest Service Says 510-Acre Wharton Wildfire Is 100% Contained

Apr 25, 2024 The New Jersey Forest Fire Service said it has reached 100% containment of a 510-acre wildfire in the area of Jackson Rd. in Wharton State Forest. The fire...

People Moves: XPT Specialty Expands with Industry Veteran

Apr 25, 2024 XPT Specialty, headquartered in New Haven, Connecticut, hired Jody Travis as vice president and senior underwriter in its Houston office. Travis has over 30 years of...

DHL to Pay $8.7M to Settle Race Discrimination Lawsuit in Illinois

Apr 25, 2024 Delivery company DHL will pay $8.7 million and be subject to the oversight of a court-appointed monitor to settle a class race discrimination lawsuit filed by...

Houston Deputy Dies After Being Hit by Truck While Helping During Accident

Apr 25, 2024 HOUSTON (AP) — A deputy who was a 20-year-veteran of a Houston-area sheriff’s office died Tuesday after being hit by a truck while trying to...

Claims Journal

‘It’s in the Mail’ Not Good Enough to Contest Connecticut Workers’ Comp Claim

Apr 25, 2024 A Connecticut employer lost its right to contest a workers’ compensation claim because although it mailed its notice to the workers compensation...

4,800 Claims Handled by Unlicensed Adjusters in Florida After Irma, Lawsuit Says

Apr 25, 2024 Two south Florida lawsuits against property insurers argue that two major carriers employed a business strategy of hiring inexperienced or even...

Survey: Most Small Businesses Provide Regular Safety Training to Employees

Apr 25, 2024 A new report on small business owners’ workers’ compensation insurance-buying habits and risk exposures found that 95% offer regular safety...

Farm Bureau Must Defend Insured in Deadly Legionnaires’ Disease Outbreak in Carolina

Apr 25, 2024 What started out as festive time at the North Carolina Mountain State Fair in 2019 ended with 96 people hospitalized with Legionnaires’...