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News – Insurance Journal
Electricity Can’t Hold a Candle to Artificial Intelligence in Significance, Says Alphabet CEO
Google’s chief executive officer has left no doubt about how important he thinks artificial intelligence will be to humanity. “AI is one of the most profound things we’re working on as humanity. It’s more profound than fire or electricity,” Alphabet …
POSTED JANUARY 29, 2020 1:14 AM |
Insurers Say Proposed California Regs Could Axe Discounts for Millions
The American Property Casualty Insurance Association testified today in opposition to draft regulations they say could eliminate many affinity group insurance discount programs during a pre-notice workshop held by the California Department of Insurance in Los Angeles. The workshop was …
POSTED JANUARY 28, 2020 10:06 PM |
2 Arrested in $20M Workers’ Comp Fraud And Kickback Scheme
A pair of California men have been charged with multiple felonies in a reported $20 million kickback scheme involving worker’s compensation. Bradley Dean Groscost, 59, of Westminster, and Felix Koltsov, 57, of Beverly Hills, self-surrendered last week to the Orange …
POSTED JANUARY 28, 2020 9:57 PM |
Tsunami Threat to Miami Passes After Major Earthquake in Caribbean Shakes City
A powerful magnitude 7.7 earthquake struck in the sea in the western Caribbean on Tuesday, sending workers into the streets and triggering evacuations as buildings shook across the Cayman Islands, in Jamaica, and in downtown Miami. The epicenter of the …
POSTED JANUARY 28, 2020 9:46 PM |
California Commissioner Spearheading National Cannabis Insurance Framework
California Insurance Commissioner Ricardo Lara is at the forefront of shaping how state insurance regulators all over the U.S. will deal with the legal cannabis market. Lara is not only the chief insurance regulator of the nation’s largest cannabis market …
POSTED JANUARY 28, 2020 9:37 PM |
Oregon Coast Tornado Confirmed, Caused Minor Damage
A tornado caused some minor damage to homes in Manzanita, Ore., on Tuesday morning, the National Weather Service confirmed. The Oregonian/OregonLive reported that Tillamook County Emergency Manager Gordon McCraw said the county got reports a little after 11 a.m. about …
POSTED JANUARY 28, 2020 3:43 PM |
Hawaii Looking for Ways to Combat Traffic-Related Deaths
Hawaii lawmakers have proposed initiatives to help reduce the number of traffic-related fatalities after transportation officials confirmed more than 100 deaths in the last year. Those initiatives include installing traffic cameras to capture drivers running red lights and enforcing zero-tolerance …
POSTED JANUARY 28, 2020 3:41 PM |
Top Workplace Discrimination Claims
The Equal Employment Opportunity Commission (EEOC) has detailed breakdowns for the 72,675 charges of workplace discrimination the agency received in fiscal year 2019. The FY 2019 data show that retaliation continued to be the most frequently filed charge filed with …
POSTED JANUARY 28, 2020 2:46 PM |
Cause of Kobe Bryant Copter Crash Unclear; Flight Approval Under Review
The helicopter carrying retired basketball star Kobe Bryant and eight others had been cleared to operate in deteriorating weather but not the dense clouds into which it apparently flew shortly before crashing, according to investigators and flight data. The Sikorsky …
POSTED JANUARY 28, 2020 2:04 PM |
Houston Mayor, Others Assisting Residents After Deadly Warehouse Blast
Houston’s mayor and others say they will work to provide assistance to residents whose homes were damaged after a massive explosion at a warehouse that killed two workers and injured 20 others. Mayor Sylvester Turner on Saturday walked through the …
POSTED JANUARY 28, 2020 2:02 PM |
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