Insurance Journal delivers the latest business news for the Property/Casualty insurance industry
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Inspectors in McClenney Moseley ‘Fraud’ Scheme Sue for Unpaid Bonuses and Overtime

Seventeen former field inspectors for a company that provided damage estimates for McClenney Moseley & Associates filed a lawsuit against their former employer, saying they are owed for bonuses that were promised but never paid and uncompensated overtime. The plaintiffs …

Tue May 30, 2023 18:33
Louisiana Parishes Top List of Riskiest US Housing Markets

A pair of Louisiana parishes lead CoreLogic’s ranking of riskiest U.S. housing markets based on natural-disaster probability. CoreLogic’s Climate Risk Analytics: Composite Risk Score (CRA Composite Risk Score) identified Plaquemines Parish as the place most at risk for property damage …

Tue May 30, 2023 18:15
People Moves: Hiscox Appoints Bloomer as Chair, Succeeding Childs; SCOR Names de Varenne as Group CFO and Deputy CEO

This edition of International People Moves details executive appointments at Hiscox and SCOR. A summary of these new hires follows here. Hiscox Appoints Bloomer as Chair, Succeeding Childs Hiscox Ltd., the international specialist insurer, announced the appointment of Jonathan Bloomer …

Tue May 30, 2023 18:04
Illinois Video Game Parlor Operator to Pay $92K Over Pay Discrimination Suit

Lacey’s Place LLC Series Midlothian, doing business as Lacey’s Place, which owns and operates more than 30 video gaming parlors in Illinois, will pay $92,964 and furnish other relief to settle a pay discrimination and retaliation lawsuit filed by the …

Tue May 30, 2023 17:54
Purdue Pharma Can Protect Sackler Owners in Opioid Bankruptcy, Court Rules

Bankrupt Oxycontin manufacturer Purdue Pharma can shield its owners, members of the wealthy Sackler family, from opioid lawsuits in exchange for a $6 billion contribution to the company’s broader bankruptcy settlement, a U.S. appeals court ruled on Tuesday. The New …

Tue May 30, 2023 17:54
Davenport, Iowa Officials: No Fatalities After Partial Building Collapse

DAVENPORT, Iowa (AP) – There were no confirmed fatalities and no known people still trapped the morning after a six-story apartment building in the eastern Iowa city of Davenport partially collapsed, authorities said Monday. Davenport Fire Chief Michael Carlsten said …

Tue May 30, 2023 17:54

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