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News – Insurance Journal
Texas Nonstandard Auto Insurer Placed into Receivership
A Travis County, Texas, judge has approved an order placing a Houston-based nonstandard auto insurer into receivership. On Oct. 21, Travis County District Judge Tim Sulak signed the application by the Texas Department of Insurance to appoint a rehabilitator and …
POSTED OCTOBER 26, 2020 7:36 PM |
Blaze Rips Through North Georgia Lumber Business
A massive fire that started Thursday at a north Georgia lumber facility was expected to take days to burn itself out. North Georgia Hardwoods in Cleveland caught fire before dawn Thursday. The blaze was contained by 7:30 a.m., Cleveland Fire …
POSTED OCTOBER 26, 2020 4:52 PM |
Texas’ Fairly Group Offering COVID-19 Insurance for College Sports Programs
Amarillo, Texas-based Fairly Group and its sister-company OccuNet have unveiled an insurance product that covers medical expenses for collegiate student athletes who contract COVID-19. Inspired by the viral #wewanttoplay campaign created by Ohio State quarterback Justin Fields, the policy is …
POSTED OCTOBER 26, 2020 4:45 PM |
AccuRisk Solutions, Convex Expand Occupational Insurance Options for Texas Nonsubscribers
AccuRisk Solutions has teamed up with Convex Group Limited (Convex) to offer occupational accident and employer’s liability coverage to Texas employers that have opted out of workers’ compensation. AccuRisk254 is available in all Texas counties. AccuRisk said the partnership allows …
POSTED OCTOBER 26, 2020 4:42 PM |
Graceland Expansion Lawsuit Against City of Memphis Dismissed
A federal judge has dismissed a lawsuit filed by Elvis Presley Enterprises against the city of Memphis over a delay in approval for expansion plans at Graceland. U.S. District Judge Samuel Mays dismissed the complaint Thursday, saying the company had …
POSTED OCTOBER 26, 2020 4:42 PM |
Gunn Named Illinois Young Agent of the Year
Nick Gunn of Groveland, Ill., has named Young Agent of the Year by the Independent Insurance Agents of Illinois (IIA of IL). Gunn was presented with the Young Agent of the Year Award for demonstrating exceptional service to the insurance …
POSTED OCTOBER 26, 2020 4:40 PM |
Black Man Shot by Iowa Police Settles Suit for $400K
A Black man who was shot by police outside an Iowa nightclub five years ago and alleged he was singled out because of his race has agreed to a nearly $400,000 settlement. Jovan Darnell Webb, 33, was wounded while attempting …
POSTED OCTOBER 26, 2020 4:34 PM |
3.2-Magnitude Quake Shakes Area on Oklahoma-Kansas Border
A magnitude 3.2 earthquake shook an area on the Kansas-Oklahoma line on Oct. 22, the U.S. Geological Survey reported. The tremor struck at 8:17 p.m. and was centered in a remote area 22 miles (35 kilometers) northwest of Ponca City, …
POSTED OCTOBER 26, 2020 4:28 PM |
Zurich North America Connects Its Attorneys With Pro Bono Needs in Illinois
Insurer Zurich North America is collaborating with the digital legal company Paladin to connect Zurich’s attorneys with pro bono service opportunities. Approximately 97% of respondents to a recent survey by Legal Services Corp. expected a sharp increase in legal needs …
POSTED OCTOBER 26, 2020 3:35 PM |
Investors Shrug Off U.S. Concerns as China’s Ant Group Nears $34.4 Billion IPO
Chinese financial technology giant Ant Group has set terms for a dual listing aimed at raising up to $34.4 billion from the world’s largest stock market debut, with investors scrambling for a piece of the fast-growing company. The deal would …
POSTED OCTOBER 26, 2020 3:29 PM |
West News – Insurance Journal
Some Alaskans Beyond Danger Received Tsunami Warning
Some Alaska residents received tsunami warnings on their cellphones following an earthquake earlier this week, including customers in the Anchorage area who were outside the potential danger zone. There was no concern over a tsunami reaching Anchorage, more than 500 …
POSTED OCTOBER 26, 2020 3:00 PM |
Power Outages in California as Winds Boost Fire Danger
Large swaths of California had no electricity Monday as utilities tried to prevent the chance of their equipment sparking wildfires while the fire-weary state was buffeted by powerful winds and dangerously dry weather conditions. About 300,000 power customers, more than …
POSTED OCTOBER 26, 2020 2:56 PM |
Oregon Contractor Fined for Multiple Job Safety Violations
Oregon OSHA has fined a general contractor in Roseburg more than $38,000 for multiple serious job safety violations, including repeatedly failing to follow the minimum requirements to protect workers from fall hazards that could reportedly kill them. The division cited …
POSTED OCTOBER 26, 2020 5:00 AM |
Amazon Injuries Could Spark Higher Workers’ Comp Rates for Fulfillment Centers
Injuries in Amazon.com Inc. warehouses could damage more than just the company’s reputation. They could start to hurt the e-commerce giant’s bottom line, as well. Washington state’s workplace safety regulator says workers in Amazon’s highly automated warehouses are injured at …
POSTED OCTOBER 26, 2020 5:00 AM |
Wrongful Death Suit Filed in California Over Woman Who Died After Ingesting Marijuana
The law firm CaseyGerry has filed a lawsuit in San Diego Superior Court on behalf of the parents of Le’Sharia Bre’Aun Steele, a 28-year old flight attendant from Alabama who died in San Diego, Calif. after reportedly consuming a KushyPunch …
POSTED OCTOBER 26, 2020 5:00 AM |
Report: Few Virus Cases in Working Age Californians Result in Comp Claims
Only one-in-14 COVID-19 cases involving working-age Californians from May through September of 2020 has been claimed as a job injury, while only 1-in-25 COVID-19 deaths among working age individuals has been claimed to be work-related according to a new California …
POSTED OCTOBER 23, 2020 5:34 PM |
Swiss Re Capital Markets Places $775M Cat Bond for California Earthquake Authority
Swiss Re Capital Markets has successfully structured and placed the issuance of USD $775 million of insurance-linked securities by Ursa Re II Ltd. to be used for the protection of the California Earthquake Authority. CEA reports more than 1 million …
POSTED OCTOBER 23, 2020 2:43 PM |
Uber, Lyft Must Reclassify Drivers as Employees, Rules California Appeals Court
A California appeals court on Thursday unanimously ruled against ride-hailing companies Uber Technologies Inc. and Lyft Inc., saying they must reclassify their drivers in the state as employees. While the ruling does not take effect before a Nov. 3 company-sponsored …
POSTED OCTOBER 23, 2020 1:04 PM |
Washington Begin Develops Wildfire Smoke Worker-Safety Rules
The Washington Department of Labor & Industries is developing new workplace safety and health rules regarding wildfire smoke. The L&I announced the move this week in response to an increasing number of acres burned by wildfires in the state each …
POSTED OCTOBER 23, 2020 5:00 AM |
Oregon Audit Finds Insufficient Oversight of Harassment Investigations
An Oregon Secretary of State audit has found the Department of Administrative Services does not provide sufficient oversight of investigations into workplace discrimination and harassment throughout state government. The Statesman Journal reports the audit, released Wednesday, also concluded that investigations …
POSTED OCTOBER 22, 2020 6:26 PM |
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