-
Fire Damage to BNSF Nebraska Terminal Estimated at $3M
News – Insurance Journal Apr 14, 2021 | 20:31 pmA fire over the weekend at a BNSF Railway terminal in western Nebraska is estimated to have caused $3 million in damage to the facility. The fire broke out early in the afternoon on April 11 at the BNSF terminal[…]
Read more... -
California Fire Victim Trust Has Received 250K Claims So Far
News – Insurance Journal Apr 14, 2021 | 19:17 pmThe Fire Victim Trust, established to pay California wildfire victims on July 1, 2020, has received 40,000 claims questionnaires representing more than 70,000 claimants and roughly 250,000 individual claims, according to the trustee. Judge John K. Trotter (Ret)., the trustee,[…]
Read more... -
California Business Owner Arraigned in $1M Workers’ Comp Fraud Scheme
News – Insurance Journal Apr 14, 2021 | 16:56 pmMarion Piggee, Jr., 68, of Los Angeles, Calif., was arraigned on seven counts of insurance fraud after an investigation by the California Department of Insurance revealed he was allegedly underreporting employee payroll by nearly $6 million to reduce his business’s[…]
Read more... -
Commissioner Makes Appointments to California Workers’Governing Committee
News – Insurance Journal Apr 14, 2021 | 16:31 pmCalifornia Insurance Commissioner Ricardo Lara today announced two reappointments to the California Workers’ Compensation Insurance Rating Bureau’s Governing Committee. Lara appointed Mitch Steiger and Diana Rich to the WCIRB Governing Committee for another two-year term. The committee sets policy, oversees[…]
Read more... -
Georgia Insurance Commissioner King to Seek Re-Election
News – Insurance Journal Apr 14, 2021 | 12:58 pmGeorgia Insurance Commissioner John King on Monday launched his 2022 election campaign. King is a Republican. He was the Doraville police chief and had no insurance experience when Gov. Brian Kemp named him commissioner in 2019 to succeed John Beck.[…]
Read more... -
NIF Group Joins MiniCo Insurance Agency; New Programs Added
News – Insurance Journal Apr 14, 2021 | 12:52 pmMiniCo Insurance Agency has joined forces with its Jencap affiliate company NIF Group, Inc., as part of Jencap Program Administrators, a newly formed program division under the Jencap umbrella. As of April 1, 2021, NIF’s specialty programs moved over to[…]
Read more... -
People Moves: RHSB Promotes Croy to VP, Property/Casualty
News – Insurance Journal Apr 14, 2021 | 12:51 pmRoach Howard Smith & Barton Dallas-based independent insurance broker Roach Howard Smith & Barton (RHSB) has promoted Shellie Croy to vice president of Property and Casualty Operations. She has been with RHSB since 2016, serving as VP of Personal Client[…]
Read more... -
CDC Chief to Michigan: ‘Close Things Down’ Amid Virus Spike
News – Insurance Journal Apr 14, 2021 | 12:30 pmThe director of the Centers for Disease Control and Prevention said Michigan should “close things down” to help address the country’s worst coronavirus outbreak, days after Gov. Gretchen Whitmer instead urged people to voluntarily restrict certain activities. Dr. Rochelle Walensky[…]
Read more... -
Missouri Bill Allowing Guns on Buses, in Churches Advances
News – Insurance Journal Apr 14, 2021 | 12:29 pmMissouri lawmakers on April 12 advanced a sweeping firearms bill that would allow concealed guns on public transportation and in churches. The Republican-led House gave the measure initial approval in a voice vote. It needs another vote of approval to[…]
Read more... -
FRISS Acquires Ohio Commercial Insurance Data Manager, Terrene Labs
News – Insurance Journal Apr 14, 2021 | 12:27 pmFRISS, a Netherlands-based provider of fraud, risk and compliance products and services for property/casualty insurance carriers, has acquired Terrene Labs, headquartered in Mason, Ohio. Terrene helps commercial underwriters to instantly understand the risk of every policy by gathering, verifying, combining[…]
Read more... -
Seized Suez Ship Declared Fit for Onward Passage (Once Compensation Is Paid)
News – Insurance Journal Apr 14, 2021 | 11:13 amCAIRO – The cargo vessel that blocked global shipping in the Suez Canal and is caught in a legal dispute in Egypt is fit to sail once approval is given, its technical manager said on Wednesday. The Ever Given was[…]
Read more... -
Mastermind of Largest Known Ponzi Scheme, Bernie Madoff, Dies in Prison at 82
News – Insurance Journal Apr 14, 2021 | 11:03 amNEW YORK — Bernard Madoff, who for decades masqueraded as a successful and trustworthy Wall Street kingpin before admitting to running the largest known Ponzi scheme in history, died on Wednesday in prison where he was serving a 150-year sentence.[…]
Read more... -
Juul Labs Fails to Knock Out Racketeering Claims in Lawsuits About Marketing Conduct
News – Insurance Journal Apr 14, 2021 | 10:42 amJuul Labs Inc. failed to knock out racketeering claims in lawsuits accusing it of deliberately targeting teenagers, as individual founders and directors of the e-cigarette maker became the new focus of the litigation. Most of the claims brought by consumers,[…]
Read more... -
Landlord Accused of Discrimination in New Hampshire Support Dog Lawsuit
News – Insurance Journal Apr 14, 2021 | 10:19 amA landlord has been accused of discriminating against a tenant by not allowing her to house an emotional support dog for her anxiety and depression, the U.S. attorney’s office said in a lawsuit. The complaint filed Friday in New Hampshire[…]
Read more... -
The Hilb Group Acquires Maryland’s Parallel Risk Advisors
News – Insurance Journal Apr 14, 2021 | 10:15 amThe Hilb Group LLC (THG) has acquired Maryland-based Parallel Risk Advisors LLC. (PRA). The transaction became effective on January 1, 2021. PRA is a commercial lines property/casualty consulting and advisory firm specializing in the commercial real estate industry. As part[…]
Read more... -
Judge Dismisses Washington Wrongful Death Suit in Shooting
News – Insurance Journal Apr 14, 2021 | 10:12 amA judge has dismissed a wrongful death lawsuit brought against Pierce County, Wash., by the family of sheriff’s deputy Daniel McCartney, who was fatally shot while responding to a call. McCartney, 34, was shot Jan. 7, 2018 while responding to[…]
Read more... -
Final Settlements Inked in Delaware Poultry Plant Pollution Lawsuits
News – Insurance Journal Apr 14, 2021 | 10:07 amA Delaware judge on Monday gave final approval to a $65 million settlement in a class-action lawsuit involving thousands of residents of a southern Delaware community affected by groundwater contamination from a local poultry processing facility. Approval of the settlement[…]
Read more... -
Chubb CEO Greenberg Reiterates Call for Litigation Reform
News – Insurance Journal Apr 14, 2021 | 09:18 amChubb Chairman and CEO Evan Greenberg is reiterating a call for litigation reform nationally and at the state level to address what he said is a “systemic” worsening of the legal environment and its harmful impact on the insurance industry.[…]
Read more... -
Court Orders Chubb Subsidiary to Pay for Merchandise Lost in Warehouse Bankruptcy
News – Insurance Journal Apr 14, 2021 | 08:49 amChubb’s Federal Insurance Co. must pay more than $2 million to a fabric company that lost 22 trailer loads of merchandise when the Mississippi warehouse company that stored it, filed for bankruptcy, sold the goods and pocketed the proceeds. A[…]
Read more... -
Insuring Cyber Podcast: What the ‘New Normal’ Means for Cyber Insurers, Coverage
News – Insurance Journal Apr 14, 2021 | 08:00 amMore than a year has passed since pandemic-related government restrictions began, causing many businesses around the world to shift their workforce to remote. With increased reliance on technology, new work environments and greater use of at-home devices and networks in[…]
Read more...