Risk Management

News – Insurance Journal Insurance Journal delivers the latest business news for the Property/Casualty insurance industry

  • Appeals Court Clears The Hartford on Most BP Oil Spill Cleanup Workers’ Injury Claims
    on January 20, 2022 at 5:48 pm

    Navigators Insurance, part of The Hartford, does not have to cover most medical and injury claims from 2,000 workers who cleaned beaches after the 2010 BP oil spill in the Gulf of Mexico, a federal appeals court decided Wednesday. In …

  • Alera Group Acquires Texas-Based Heritage Risk Management
    on January 20, 2022 at 5:27 pm

    Alera Group, a national insurance and wealth services firm, has acquired Amarillo, Texas-based Heritage Risk Management, a network of independent risk management agencies which serve clients throughout Texas, Oklahoma, Colorado and New Mexico. Heritage Risk Management’s network of independent risk …

  • New York Contractor Underreported Payroll by 89 Workers, DA Says
    on January 20, 2022 at 5:18 pm

    A Congers, New York, contractor has been arrested after he was indicted on insurance fraud charges for allegedly underreporting his payroll by 89 workers. Anthony Frascone, 51, owner of Alpha-Omega, told his workers’ compensation insurance provider that his company had …

  • Louisiana Food Preparer Settles $67K Racial Harassment Suit
    on January 20, 2022 at 5:13 pm

    A food preparer and retailer in Scott and Carencro, Louisiana, has agreed to pay a former employee $67,500 to settle a lawsuit brought by the U.S. Equal Employment Opportunity Commission. The lawsuit was resolved through a consent decree, which U.S. …

  • New Jersey Governor Signs Auto Insurance Bad Faith Bill Into Law
    on January 20, 2022 at 5:07 pm

    New Jersey Gov. Phil Murphy has signed into law a bill that proponents have said makes the auto insurance claims process fairer for policyholders and businesses have warned will raise premiums. The New Jersey Insurance Fair Conduct Act gives motorists …