Monthly Archives: <span>March 2019</span>

Oklahoma House Passes Bill to Help Small Businesses Grow

Legislation that would make the Small Employer Quality Jobs Program more accessible to startup companies and small businesses has passed the Oklahoma House of Representatives with a bipartisan vote of 88 to 5. The Small Employer Quality Jobs Program is …

Kronland Promoted to Director, Insurance Lending at Oak Street Funding

Brad Kronland has been promoted to director of Insurance Lending at Indianapolis-based Oak Street Funding, a First Financial Bank company. Kronland has worked in the banking and the financial services industries since 1995 and has been with Oak Street since …

Insurtech Corvus Launches Smart Cyber Excess Insurance with $10M Limit

Boston-based insurtech company Corvus Insurance has expanded its underwriting appetite for its Smart Cyber Insurance product lines with the launch of an excess cyber insurance policy designed to give brokers the ability to participate on the coverage towers of larger …

Family Sues Nashville, Police Officer for $30M Over Fatal Shooting

The family of a black man killed by a Nashville police officer filed a federal lawsuit Monday, naming the city and the white officer who fatally shot the man from behind as he ran with a gun. Attorney Joy Kimbrough …

More Employers Helping Employees with Money Worries: Viewpoint

Millions of Americans get their health insurance and retirement accounts through their employers. Now some are getting help with their debt. Companies including insurer Aetna and accounting firm PwC help employees pay down student loans. Others partner with startups to …

Alabama Funeral Home to Pay $12M in Lawsuit Over Lost Cremated Remains

The daughter of an Alabama woman whose cremated remains were lost by a funeral home has been awarded $12 million. Al.com reports the jury verdict was announced Monday after Pine Crest Funeral Home in Mobile lost the remains of Shelley …

Industry Awaits Florida Supreme Court Decision on Post-Loss AOB Policy Language

As Florida lawmakers weigh reform for the state’s assignment of benefits crisis, the insurance industry and regulators are closely monitoring a case addressing post-loss policy language that is currently before the state’s high court. Initial briefs are being filed in …

Insurance Office of America Hires 3 in Florida

Insurance Office of America (IOA) has added three new staff members to its offices in Florida. Michelle Newton joined the company’s office in Tampa. With nearly 20 years’ experience, Newton specializes in working with condominium associations, and has extensive knowledge …

California Jury Orders J&J to Pay $29 Million in Talc-Linked Cancer Trial

Johnson & Johnson must pay $29 million to a dying California woman who blamed asbestos-tainted talc for causing her cancer, the company’s latest loss over its iconic baby powder. Jurors in state court in Oakland, California, on Wednesday held J&J …

U.S. Joins Nations Grounding Boeing 737 MAX Planes Following New Data

U.S. regulators reversed course Wednesday and announced they will ground Boeing Co.’s top-selling 737 Max family of airliners amid safety concerns after a crash Sunday in Ethiopia — five months after a similar tragedy off Indonesia. “The safety of the …