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Minnesota School District Sued by Parents of Students Who Were Sexually Exploited
The parents of two students are suing the Bemidji school district, alleging it was negligent in allowing a former assistant principal to sexually exploit their children. Brandon Bjerknes, who was arrested in 2017, is serving a federal prison sentence for …

POSTED JANUARY 17, 2020 5:33 PM
Brown & Brown Acquires Assets of Texas All Risk
Brown & Brown Inc. through its subsidiary, Hull & Company LLC, has acquired substantially all of the assets of Dallas-based Texas All Risk, a managing general agent (MGA) placing a wide range of property/ casualty insurance for businesses and individuals …

POSTED JANUARY 17, 2020 5:24 PM
Hurricane Dorian’s Bahamas Storm Toll: $3.4 Billion in Damages, 3 Years of Rebuilding
The Bahamas may need to tap international debt markets as it confronts the steep cost of recovering from the most destructive hurricane ever to hit the islands. The government will probably borrow about $500 million in coming months as it …

POSTED JANUARY 17, 2020 5:02 PM
California Lawmaker Wants Probe of PG&E’s Chief Regulator
A state lawmaker is demanding an extensive review of the California Public Utilities Commission to determine whether regulators’ lax oversight enabled neglect at Pacific Gas & Electric that triggered catastrophic wildfires, a messy bankruptcy and exasperating blackouts. The request by …

POSTED JANUARY 17, 2020 4:40 PM
California Sleep Apnea Company Pays $37.5M to Settle Kickback Lawsuits
ResMed, a San Diego, Calif.-based company that sells sleep apnea machines, will pay $37.5 million to settle allegations that it provided kickbacks to obtain customer referrals, federal prosecutors announced this week. The settlement covers five whistleblower lawsuits filed on behalf …

POSTED JANUARY 17, 2020 4:36 PM
Forex Firm Travelex Resumes Customer-Facing Operations After Ransomware Attack
More than two weeks after a crippling ransomware attack forced Travelex staff to use pen and paper to calculate foreign currency exchanges, the company said the first of its customer-facing systems in Britain was up and running again. The cyber …

POSTED JANUARY 17, 2020 4:24 PM
USG Adds Aguilar as a Producer in Arizona
USG Insurance Services Inc. has named Jay Aguilar a producer/broker in commercial lines in the Scottsdale, Ariz. office. Aguilar will work to expand USG’s Southwestern territory. Aguilar has 23 years of insurance industry experience, most recently at Agents Alliance Services. …

POSTED JANUARY 17, 2020 4:18 PM
MGA Incubator Castel Taps Carlos from Arch Insurance as Head of Specialty
Castel Underwriting Agencies Ltd., the managing general agent and club-style MGA formation platform, has announced the appointment of Raoul Carlos as head of Specialty as it structures its underwriting cells and MGAs into a number of centres of excellence focused …

POSTED JANUARY 17, 2020 3:26 PM
Three Massachusetts Workers Shocked When Scaffolding Touches Power Line
Three people were injured, one critically, on Tuesday when scaffolding they were working with at a Massachusetts home came in contact with power lines, police said. Beverly police responded to a report that two workers had fallen from the roof …

POSTED JANUARY 17, 2020 3:06 PM
SterlingRisk Insurance Promotes DelPrete to President of Programs
SterlingRisk Insurance, a Woodbury, N.Y.-based independently owned insurance brokerage, has promoted Geraldine DelPrete to president of Programs. According to SterlingRisk CEO David Sterling in a company press release, DelPrete’s background in reinsurance and underwriting and understanding of programs has directly …

POSTED JANUARY 17, 2020 3:04 PM

West News – Insurance Journal

California Lawmaker Wants Probe of PG&E’s Chief Regulator
A state lawmaker is demanding an extensive review of the California Public Utilities Commission to determine whether regulators’ lax oversight enabled neglect at Pacific Gas & Electric that triggered catastrophic wildfires, a messy bankruptcy and exasperating blackouts. The request by …

POSTED JANUARY 17, 2020 4:40 PM
California Sleep Apnea Company Pays $37.5M to Settle Kickback Lawsuits
ResMed, a San Diego, Calif.-based company that sells sleep apnea machines, will pay $37.5 million to settle allegations that it provided kickbacks to obtain customer referrals, federal prosecutors announced this week. The settlement covers five whistleblower lawsuits filed on behalf …

POSTED JANUARY 17, 2020 4:36 PM
USG Adds Aguilar as a Producer in Arizona
USG Insurance Services Inc. has named Jay Aguilar a producer/broker in commercial lines in the Scottsdale, Ariz. office. Aguilar will work to expand USG’s Southwestern territory. Aguilar has 23 years of insurance industry experience, most recently at Agents Alliance Services. …

POSTED JANUARY 17, 2020 4:18 PM
Judge Presses PG&E on How It Will Protect Wildfire Victims’ Funds Given FEMA Demand
PG&E Corp. needs to explain how it will keep a promise to pay fire victims $13.5 billion in the face of a demand from the Federal Emergency Management Agency for a cut of that money, a bankruptcy judge said Wednesday. …

POSTED JANUARY 17, 2020 1:51 PM
Alaska School District Weighing Cost of Earthquake Relief
Negotiations between the Anchorage School District in Alaska and the federal government over earthquake damage relief could result in the district turning down millions in funds, an official said. The negotiations over money to repair damage caused by the state’s …

POSTED JANUARY 16, 2020 3:23 PM
California Refinery Hit With $125K in Safety Violations
Federal officials have fined a Southern California refinery $125,000 for chemical safety and risk-management violations, according to a newspaper report. The violations stem from a 2016 investigation into Torrance Refinery, which found equipment designed to help contain an accidental release …

POSTED JANUARY 16, 2020 3:21 PM
Aspen Risk Management Group in California Acquired by TRISTAR
TRISTAR Insurance Group Inc. has agreed to acquire San Diego, Calif.-based Aspen Risk Management Group. Terms of the deal were not disclosed. All Aspen employees will continue operating out of the existing locations under the name Aspen Risk Management Group, …

POSTED JANUARY 15, 2020 10:26 PM
Gig Economy Law Talk of California Insurance Wholesalers Conference
A sweeping California gig economy law was the focus of a lot of the talk this year during an annual insurance wholesalers conference. Assembly Bill 5, California’s gig worker law was signed by Gov. Gavin Newsom in September and in …

POSTED JANUARY 15, 2020 9:11 PM
Lawsuit Filed After Six People Found Dead in Las Vegas Fire
The sister-in-law of one of six residents found dead after a Las Vegas apartment building fire filed a wrongful death lawsuit Wednesday against the property owner, who officials say had been been cited in the past over missing smoke alarms …

POSTED JANUARY 15, 2020 4:31 PM
Dead Crew Member’s Family Suing California Dive Boat Operator
The family of the lone crew member to die in a fiery scuba boat disaster that killed all 33 passengers off the California coast last year sued the vessel’s owner Monday in federal court. The lawsuit by the family of …

POSTED JANUARY 15, 2020 4:29 PM

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