Risk Management

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

  • AAIS Pandemic Policy Endorsement Approved in 6 States
    on September 22, 2020 at 6:00 am

    AAIS (the American Association of Insurance Services) has received approval from six state insurance departments for its health-emergency policy endorsement, clarifying coverage and cancellation provisions in the wake of COVID-19. To date, the endorsement has been approved in Arkansas, Arizona, …

  • Minnesota Warns of Possible Health Care Patient, Donor Data Breach
    on September 22, 2020 at 5:31 am

    Patients and donors to at least four different health care providers in Minnesota are being notified that their personal information may have been compromised. The potential data breach involves hundreds of thousands of patients and donors at Children’s Minnesota, Allina …

  • 5th Circuit Reasserts Bad Faith Not Necessary to Win Interest Penalty Against Texas Insurers
    by Jim Sams on September 22, 2020 at 5:01 am

    A Houston plaintiff’s attorney defeated State Farm Lloyd’s for the fourth time on the same issue, this time coming away with a federal appellate court ruling that policyholders don’t have to prove that their insurer acted in bad faith in …

  • 3 Alabama Counties Receive Federal Disaster Declaration for Sally Damage
    on September 22, 2020 at 5:00 am

    President Donald Trump on Sunday declared a major disaster in three Alabama counties battered by Hurricane Sally. Storm surge and torrential rains swamped Mobile and Baldwin counties on either side of Mobile Bay when slow-moving Sally made landfall Wednesday on …

  • Frequent Wildfires Decimating Forests Becomes Concern Worldwide
    by Matthew Green on September 22, 2020 at 5:00 am

    Wildfires among ponderosa pines and Douglas firs of the U.S. West have long been part of nature’s cycle of renewal, as much as the changing of the seasons. But as climate change makes the region more arid, wildfires have grown …