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News – Insurance Journal

‘Totally Destroyed’ Indonesia Jet in Java Sea Makes Search Almost Impossible
Bayu Wardoyo tends to skip the 6 a.m. breakfast of Indonesian fried rice served to divers on the ship searching for wreckage of the Sriwijaya Air passenger jet that crashed in the Java Sea on Jan. 9. He prefers coffee, …

POSTED JANUARY 25, 2021 6:00 AM
United Airlines CEO Urges Employers to Mandate COVID-19 Vaccines
United Airlines may make the COVID-19 vaccine mandatory for employees, and other companies should do the same, United Chief Executive Officer Scott Kirby told workers at a meeting on Thursday, according to a transcript reviewed by Reuters. A United spokeswoman …

POSTED JANUARY 25, 2021 6:00 AM
Volkswagen Talks Damages Claims Against Chip Suppliers Over shortages
German car manufacturer Volkswagen is in talks with its main suppliers about possible claims for damages due to a shortage of semiconductors, a company spokesman said on Sunday. Automakers around the world are shutting assembly lines due to problems in …

POSTED JANUARY 25, 2021 6:00 AM
Brazil Miner Vale, State Authorities Narrow Differences in Disaster Settlement: Source
Brazilian miner Vale SA and state authorities narrowed their gap in a potential settlement deal over the Brumadinho mining disaster to 11 billion reais ($2 billion) before talks fell apart, a person close to the negotiations told Reuters on Friday. …

POSTED JANUARY 25, 2021 6:00 AM
Tennessee Insurance Dept. Makes Multiple Leadership Changes
The Tennessee Department of Commerce & Insurance (TDCI) has announced multiple senior leadership role additions and staffing updates from Commissioner Carter Lawrence. Jennifer Peck has assumed the role of chief of staff and chief operating officer, while continuing in her …

POSTED JANUARY 25, 2021 5:21 AM
California Construction Worker Charged with Workers’ Comp Fraud
Jose Zepeda, 45, of Fresno, Calif., self-surrendered this week on multiple felony counts of insurance fraud and attempted perjury after filing a workers’ compensation insurance claim and allegedly misleading the insurance carrier regarding his employment status in order to collect …

POSTED JANUARY 22, 2021 10:38 PM
Jumpstart Parametric Earthquake Firm on Move in West
Jumpstart Insurance Solutions Inc. is on the move in the earthquake-prone West – and the company is now working with insurance agents. Jumpstart, a licensed surplus lines insurance broker using Lloyd’s capacity, began offering earthquake insurance in California a little …

POSTED JANUARY 22, 2021 6:56 PM
Alabama Transgender Driver’s License Policy Ruled Unconstitutional
Alabama’s policy requiring a transgender person to undergo full gender reassignment surgery before they can change the sex on their driver’s license is unconstitutional, a federal judge ruled Friday. U.S. District Judge Myron Thompson said Alabama policy’s that people “can …

POSTED JANUARY 22, 2021 5:52 PM
Biden Revokes Keystone XL Pipeline Permit; Construction Halted
Construction on the long disputed Keystone XL oil pipeline halted on Jan. 21 as incoming U.S. President Joe Biden revoked its permit on his first day in office. The 1,700-mile (2,735-kilometer) pipeline was planned to carry roughly 800,000 barrels of …

POSTED JANUARY 22, 2021 5:39 PM
Homeowners Claims, Delays Top Louisiana 2020 Storm Complaints
The majority of complaint Louisiana insurance regulators have received in relation to the historic 2020 hurricane season concern homeowners insurance. The Louisiana Department of Insurance (LDI) reports that nearly 80 percent of the 873 complaints it has received about hurricane …

POSTED JANUARY 22, 2021 5:34 PM

NOTICE: The links and articles found on or within this news center are simply for informational purposes that we believe may be of benefit to our clients and/or website visitors. By providing these links on our website, we are not recommending or endorsing the use of the particular products or services these third parties offer. Nor does Insurance Zone confirm, corroborate or agree to the statistics or opinions on these links and articles. We urge you to review each website’s Privacy Policy, Disclaimers, and develop an independent opinion of the service or product for any link pursued.

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