Monthly Archives: <span>January 2021</span>

Insurance Fraud Focus for Newly Appointed Deputy Financial Officer

Former Secretary of the Florida Department of Corrections Julie Jones has been appointed Deputy Chief Financial Officer within the Office of Chief Financial Officer, according to a statement from the Florida Department of Financial Services. As Deputy CFO, Jones will …

Lawmakers Urged to Use Tunnels as Election Debate Adds D.C. Risk

U.S. lawmakers are receiving urgent security instructions in advance of potential violence in Washington tied to Wednesday’s joint session of Congress to count Electoral College votes, according to a person familiar with the matter. The precautions distributed Monday to members …

Boeing Dreamliner’s Defects Spur New Cash Risk as Max Woes Fade

Boeing Co. faces a new cash drain from structural flaws on its marquee 787 Dreamliner jets, potentially slowing the company’s recovery from the coronavirus pandemic and the grounding of the 737 Max, said a Bernstein analyst. The Dreamliner’s woes will …

3rd Body Found After Landslide in Norway; 7 Still Missing

HELSINKI (AP) — Rescue teams searching for survivors four days after a landslide carried away homes in a Norwegian village found no signs of life Saturday amid the ruined buildings and debris. Three bodies have been recovered but searchers are …

Negligence Claims Filed in Shootings Amid Wisconsin Protest

KENOSHA, Wis. (AP) — Claims filed on behalf of two men shot by an Illinois teen during a night of protests over a police shooting in Kenosha, Wisconsin, allege the city and Kenosha County were negligent in their response to …

Ministry Roiled by Late Founder’s Sexual Misconduct Scandal

NEW YORK (AP) — A posthumous sexual misconduct scandal involving the man who founded, in his own name, Ravi Zacharias International Ministries has placed the global Christian organization in a wrenching predicament. It faces calls from within its own ranks …

Viewpoint — Another COVID-19 Worry: What is My Deadline to File Suit?

When the scope of the COVID-19 pandemic became apparent in March 2020, an avalanche of articles appeared in which many insurers took the position that there was no coverage for losses associated with the SARS-CoV-2 virus due either to a …

Settling Subrogation Claims and the Dreaded Release

The bane of any subrogation professional’s existence is the dreaded release. It is no coincidence that when Zeus uttered the words, “Release the Kraken!” in the 1981 fantasy adventure film The Clash of the Titans, he chose the word “Release.” …

Fatal Incident Halts Hyundai’s S. Korean Factory After Retooling for New EV

SEOUL — Production at Hyundai Motor’s factory in Ulsan, South Korea, was halted on Monday after a worker died in an accident, shortly after the plant was refitted to manufacture a new electric vehicle, a labor ministry official and union …

Aviation Reinsurance Rates Rise by Up to 250% – Report

LONDON — Aviation reinsurance rates rose by up to 250% at the key Jan. 1 renewal date, broker Willis Re said in a report on Monday, with the market still reeling from the impact of Boeing 737 MAX crashes two …