January 23, 2021

Fri, 22 Jan 2021 22:38:15 +0000
Jose Zepeda, 45, of Fresno, Calif., self-surrendered this week on multiple felony counts of insurance fraud and attempted perjury after filing a workers’ compensation insurance claim and allegedly misleading the insurance carrier regarding his employme...
Fri, 22 Jan 2021 18:56:47 +0000
Jumpstart Insurance Solutions Inc. is on the move in the earthquake-prone West – and the company is now working with insurance agents. Jumpstart, a licensed surplus lines insurance broker using Lloyd’s capacity, began offering earthquake insurance in...
Fri, 22 Jan 2021 17:52:42 +0000
Alabama’s policy requiring a transgender person to undergo full gender reassignment surgery before they can change the sex on their driver’s license is unconstitutional, a federal judge ruled Friday. U.S. District Judge Myron Thompson said Alabama poli...
Fri, 22 Jan 2021 17:39:37 +0000
Construction on the long disputed Keystone XL oil pipeline halted on Jan. 21 as incoming U.S. President Joe Biden revoked its permit on his first day in office. The 1,700-mile (2,735-kilometer) pipeline was planned to carry roughly 800,000 barrels of …
Fri, 22 Jan 2021 17:34:28 +0000
The majority of complaint Louisiana insurance regulators have received in relation to the historic 2020 hurricane season concern homeowners insurance. The Louisiana Department of Insurance (LDI) reports that nearly 80 percent of the 873 complaints it h...
Fri, 22 Jan 2021 17:24:16 +0000
FEMA has made available for review revised preliminary flood risk information and updated Flood Insurance Rate Maps (FIRMs) for Victoria County, Texas. The federal agency is urging property owners to review the latest information to learn about local f...
Fri, 22 Jan 2021 17:20:05 +0000
Hallmark Financial Services, a specialty property/casualty company, announced Thursday that it is exploring the separation of its specialty commercial business to unlock its value and improve access to capital. Currently the company is comprised of thr...
Fri, 22 Jan 2021 17:15:12 +0000
The North Dakota Senate has rejected a bill that would have allowed the state to hold liable any corporate officer responsible for oil- and gas-related violations. The North Dakota Petroleum Council and the Greater North Dakota Chamber had lobbied agai...
Fri, 22 Jan 2021 17:10:27 +0000
Attune Insurance Services, LLC has launched general liability and professional liability products with Hiscox serving as the carrier. The Attune and Hiscox partnership adds over 180 new classes and two admitted products to the Attune broker platform. A...
Fri, 22 Jan 2021 17:02:31 +0000
Farmers Insurance has launched a range of customizable insurance products in Mississippi. Customers throughout the state can now quote and purchase auto, home, condo, and renters products in a direct-to-consumer model. According to Keith Daly, presiden...
Fri, 22 Jan 2021 16:26:36 +0000
Patrick Tiernan will be joining Lloyd’s of London in the newly-created role of chief of Markets, where he will will oversee market performance and distribution. Tiernan will join Lloyd’s from Aviva where he is currently the managing director, UK Commer...
Fri, 22 Jan 2021 16:01:39 +0000
The Biden Administration has instructed federal workplace safety officials to do more to help halt the spread of the coronavirus on the job. On his first full day on office, President Joseph Biden signed an executive order asking the Occupational …
Fri, 22 Jan 2021 15:45:05 +0000
California says it’s safe to resume using a batch of Moderna coronavirus vaccine after some people fell ill and a halt to injections was recommended. The decision frees up more than 300,000 doses to counties, cities and hospitals struggling to …
Fri, 22 Jan 2021 15:42:36 +0000
A long-running Silicon Valley soap opera took an unexpected twist on Wednesday after outgoing President Donald Trump pardoned a former Google engineer for stealing self-driving car secrets shortly before joining Uber. Trump’s surprise pardon of Anthony...
Fri, 22 Jan 2021 14:40:20 +0000
Three well-known television insurance salesmen competing for business are also competing in the National Football League playoffs. Only those totally cut off from television could not have seen at least one of the insurance commercials starring NFL qua...
Fri, 22 Jan 2021 14:28:43 +0000
Skyward Specialty Insurance Group Inc. has acquired Aegis Surety and simultaneously sold XPro, which provides solutions for the pest control industry. K2 Insurance Services is both the seller of Aegis Surety and the buyer of XPro. Aegis Surety Senior V...
Fri, 22 Jan 2021 14:11:40 +0000
A landscaper fell from a tree and a roofer fell from a building in two separate fatal workplace accidents Monday on Long Island. Suffolk County Police said 51-year-old Vicente Oliver of Levittown was trimming a tree at a West Hills …
Fri, 22 Jan 2021 12:48:54 +0000
Two law firms are suing Bayer for damages on behalf of shareholders, claiming the German group’s management should have warned of the risk of lawsuits over the Roundup weedkiller when Bayer acquired Roundup maker Monsanto. Weekly Wirtschaftswoche repor...
Fri, 22 Jan 2021 12:40:15 +0000
China’s recent antitrust measures are not aimed at its private sector and do not seek to hinder the development of such firms, a senior banking and insurance regulator said on Friday, as the country looks to expand scrutiny of the …
Fri, 22 Jan 2021 09:00:03 +0000
The submission deadline for the 2021 InsurTech Early-Stage Competition is approaching on January 29, 2021. Global insurtech hub InsurTech NY and the Bermuda Business Development Agency (BDA), Bermuda’s independent economic development public/private pa...
Fri, 22 Jan 2021 07:49:19 +0000
Van Spanos has joined Cincinnati, Ohio-based Core Specialty Insurance Holdings Inc.’s newly formed excess and surplus (E&S) primary Product Liability group as vice president. Spanos is responsible for managing all facets of this business, including dir...
Fri, 22 Jan 2021 06:00:58 +0000
German industrial inspector TÜV SÜD is facing a claim for “significant damages” in the first civil lawsuit on German soil over its alleged role in the deadly collapse of a dam in Brazil two years ago. A group of Brazilian …
Fri, 22 Jan 2021 06:00:56 +0000
Plans by Mexican state oil company Petroleos Mexicanos to cut jobs at its six refineries through attrition this year could undermine safety at the plants, an internal company document shows. Pemex plans to leave 9,374 vacancies at its refineries unfill...
Fri, 22 Jan 2021 06:00:50 +0000
George Petersen Insurance Agency has promoted Joseph Feierabend, Jack Fess, Sean Parsons, Colby Ritch and Mindy Sehon to principals within the agency. The agency now has 20 principals across eight of the agency’s 10 locations in Northern California. Fe...
Fri, 22 Jan 2021 06:00:29 +0000
A third pandemic lockdown appears to be having little impact on rates of COVID-19 in England, researchers warned on Thursday, with prevalence of the disease “very high” and “no evidence of decline” in the first 10 days of renewed restrictions. …
Fri, 22 Jan 2021 06:00:27 +0000
CoStar Group Inc. and a private equity group led by Warburg Pincus are the final bidders competing for data provider CoreLogic Inc., according to people familiar with the matter. CoreLogic, which is evaluating the offers, is expected to decide in …
Fri, 22 Jan 2021 06:00:18 +0000
A new study suggests that prioritizing vaccination of high-risk individuals has only a marginal effect on the number of COVID-19 deaths. To obtain significant improvements, it would be better if a very large fraction of a city or town population …
Fri, 22 Jan 2021 06:00:15 +0000
This is the first installment of a two-part look at the top 10 insurance regulatory developments of 2020 by attorneys at Locke Lord. The first part covers COVID-19, Insurtechs, Data Privacy, Race Equality and Pharmacy Benefit Managers. The second insta...
Fri, 22 Jan 2021 06:00:06 +0000
United Valley Insurance Services Inc. in Fresno, Calif., has named Donna Peck a marketing consultant. Peck is focused on assisting members on marketing and placing workers’ compensation accounts with the firm’s carriers. Peck previously worked as an un...
Fri, 22 Jan 2021 05:58:04 +0000
Hub International Limited (Hub), a full-service global insurance broker, has acquired the assets of Shields Insurance Agency. Terms of the transaction were not disclosed. With locations in Birmingham and Mobile, Ala., Shields Insurance Agency is indepe...