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News – Insurance Journal
California Issues 1-Year Moratorium on Homeowner Insurance Cancellations And Non-Renewals
California Insurance Commissioner Ricardo Lara on Monday ordered insurance companies to preserve residential insurance coverage for more than 325,000 policyholders who have been affected by Northern California wildfires across 22 counties. Lara in early September issued similar orders following emergency …
POSTED SEPTEMBER 20, 2021 9:36 PM |
California Contractors Charged in $5M Workers’ Comp Fraud Scheme
The Alameda County District Attorney’s Office along with the California Department of Insurance on Monday announced charges against multiple suspects in an organized insurance and workers’ compensation fraud scheme that reportedly defrauded insurance carriers over $5 million in estimated losses. …
POSTED SEPTEMBER 20, 2021 9:27 PM |
Minnesota Orders Enbridge to Pay $3M for Groundwater Leak
Minnesota regulators have ordered Enbridge to pay more than $3 million for allegedly violating state environmental law by piercing a groundwater aquifer during construction of the Line 3 oil pipeline replacement. The state Department of Natural Resources said Enbridge, while …
POSTED SEPTEMBER 20, 2021 4:41 PM |
‘Build Back Better’ Plan Aims to Expand, Better Direct Health Care Investment
Dental work for seniors on Medicare. An end to sky’s-the-limit pricing on prescription drugs. New options for long-term care at home. Coverage for low-income people locked out of Medicaid by ideological battles. Those are just some of the changes to …
POSTED SEPTEMBER 20, 2021 4:39 PM |
Analysis: Ida’s Destruction May Help Louisiana’s Hurricane Laura Victims
Hurricane Ida’s thrashing left homes in mangled heaps across southeastern Louisiana, but in an uncomfortable twist, the storm might have been a boon to southwestern parishes still struggling to recover from last year’s Hurricane Laura. Ida’s path of destruction through …
POSTED SEPTEMBER 20, 2021 4:39 PM |
Houston Contractor Cited for Safety Violations; Faces $95.5K in Fines
A Houston transmission line contractor has been cited by federal workplace safety officials for safety violations following worker’s death and severe injuries to another. Mesa Line Services failed to attach personnel platform to crane properly, according to the U.S. Department …
POSTED SEPTEMBER 20, 2021 4:37 PM |
Missouri’s Open Container Law Diverts Millions from State’s Roads
Missouri’s decision to allow open containers of alcohol in vehicles forces the state to divert millions of federal dollars intended for road construction to safety programs, according to a public radio report. The state’s policy of letting passengers drink in …
POSTED SEPTEMBER 20, 2021 4:36 PM |
People Moves: Singer Joins Acrisure in Michigan; Missouri’s VIAA Hires McCoy
Singer Joins Acrisure as CFO Acrisure, based in Grand Rapids, Michigan, appointed Lowell Singer as chief financial officer. Singer joins Acrisure following 14 years with The Walt Disney Co., where he served as senior vice president of investor relations. At …
POSTED SEPTEMBER 20, 2021 4:34 PM |
People Moves: Acrisure Re Appoints 4; Amwins Global Risks Hires Beazley’s Hensman, Davies From Lloyd’s; Favre Joins SiriusPoint for Credit, Bond & Political Risk
This edition of International People Moves covers appointments at Acrisure Re, Amwins Global Risks and SiriusPoint. A summary of these new hires follows here. Reinsurance Broker Acrisure Re Augments Corporate Advisory and Solutions Division With 4 Appointments Acrisure Re, the …
POSTED SEPTEMBER 20, 2021 4:21 PM |
Twitter Agrees to Pay $810M to Settle Shareholder Lawsuit Over Growth Prospects
Twitter Inc. agreed to pay $809.5 million to settle a shareholder class action lawsuit that accused the social media company of painting an overly rosy picture of its future. The suit, originally filed by Twitter shareholder Doris Shenwick, claimed executives …
POSTED SEPTEMBER 20, 2021 3:25 PM |
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