National News

Kemper Gains $142 Million Arbitration Award Against Computer Firm

The U.S. Court of Appeals for the Fifth Circuit has upheld a $141.7 million arbitration award in favor of the Kemper Corp. subsidiary, Kemper Corporate Services, against Computer Sciences Corp. A decision of the arbitrator, issued in November 2017, found …

Trump Administration Issues New Rule on Joint Employer Liability

The Trump Administration announced a final rule setting forth standards for determining joint employer status under the Fair Labor Standards Act (FLSA), a rule that has been sought by franchisers and companies that employ contract workers. The new rule from …

U.S. Panel Backs Tougher Asbestos Testing Standards for Cosmetics

An expert panel formed by the U.S. Food and Drug Administration has endorsed asbestos testing standards for cosmetics that reject long-held industry positions and reflect those of public health authorities and experts for thousands of plaintiffs who allege contaminated talc …

Jury Orders Wells Fargo to Pay $102.8 Million in USAA Mobile Deposit Patent Case

Wells Fargo & Co. was told to pay $102.8 million after a federal jury in Texas said in infringed United Services Automobile Association’s patents for a mobile deposit system. It’s the second trial Wells Fargo has lost against USAA. In …

Lawsuits Over Missing Malaysia Plane Belong in Malaysia, Not U.S., Court Affirms

A U.S. appeals court on Friday upheld a lower court decision to dismiss nationwide litigation over the disappearance of Malaysia Airlines Flight MH370 in which victims’ families sought to hold the carrier, its insurer Allianz SE and Boeing Co. liable …

Puerto Rico Hit with Second Earthquake on Southern Coast; 4,000 People in Shelters

A magnitude 5.9 quake shook Puerto Rico on Saturday (January 11) causing millions of dollars of damage along the island’s southern coast, where previous recent quakes have toppled homes and schools. The U.S. Geological Survey said the 8:54 a.m. (1254 …

Insurance Journal’s Top 10 Cyber Insurance Stories of 2019

An A.M. Best report released in June gave a comprehensive look at the state of the cyber insurance market for 2018, the most recent year data was available, stating that it has seen continued growth and underwriting performance in this …

What’s Happening in Agency Compensation? Take This Year’s Salary Survey

Insurance Journal would like to invite ALL retail agency owners, principals, producers, CSRs — the entire agency — to participate in Insurance Journal’s annual independent insurance agency salary survey for publication in our February 24, 2020, issue. The survey takes …

Insurity Acquires Geospatial Analytics Firm SpatialKey

Acquisition further strengthens Insurity’s industry-leading data and analytics solutions, and will help insurers better select and manage risk, and respond to catastrophes Cloud services and data analytics firm Insurity, Inc., has acquired SpatialKey, Inc., which offers geospatial analytics, data enrichment …

Accident Reports Now Ready Minutes After Crash on Smartphone, Says Telematics Firm

The company that helped make driver safety monitoring ubiquitous among auto insurers is now offering a product that can write accident reports within minutes of a crash. Cambridge Mobile Telematics (CMT) announced the launch of Claims Studio, an accident reporting …

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