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News – Insurance Journal
‘Totally Destroyed’ Indonesia Jet in Java Sea Makes Search Almost Impossible
Bayu Wardoyo tends to skip the 6 a.m. breakfast of Indonesian fried rice served to divers on the ship searching for wreckage of the Sriwijaya Air passenger jet that crashed in the Java Sea on Jan. 9. He prefers coffee, …
POSTED JANUARY 25, 2021 6:00 AM |
United Airlines CEO Urges Employers to Mandate COVID-19 Vaccines
United Airlines may make the COVID-19 vaccine mandatory for employees, and other companies should do the same, United Chief Executive Officer Scott Kirby told workers at a meeting on Thursday, according to a transcript reviewed by Reuters. A United spokeswoman …
POSTED JANUARY 25, 2021 6:00 AM |
Volkswagen Talks Damages Claims Against Chip Suppliers Over shortages
German car manufacturer Volkswagen is in talks with its main suppliers about possible claims for damages due to a shortage of semiconductors, a company spokesman said on Sunday. Automakers around the world are shutting assembly lines due to problems in …
POSTED JANUARY 25, 2021 6:00 AM |
Brazil Miner Vale, State Authorities Narrow Differences in Disaster Settlement: Source
Brazilian miner Vale SA and state authorities narrowed their gap in a potential settlement deal over the Brumadinho mining disaster to 11 billion reais ($2 billion) before talks fell apart, a person close to the negotiations told Reuters on Friday. …
POSTED JANUARY 25, 2021 6:00 AM |
Tennessee Insurance Dept. Makes Multiple Leadership Changes
The Tennessee Department of Commerce & Insurance (TDCI) has announced multiple senior leadership role additions and staffing updates from Commissioner Carter Lawrence. Jennifer Peck has assumed the role of chief of staff and chief operating officer, while continuing in her …
POSTED JANUARY 25, 2021 5:21 AM |
California Construction Worker Charged with Workers’ Comp Fraud
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 employment status in order to collect …
POSTED JANUARY 22, 2021 10:38 PM |
Jumpstart Parametric Earthquake Firm on Move in West
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 California a little …
POSTED JANUARY 22, 2021 6:56 PM |
Alabama Transgender Driver’s License Policy Ruled Unconstitutional
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 policy’s that people “can …
POSTED JANUARY 22, 2021 5:52 PM |
Biden Revokes Keystone XL Pipeline Permit; Construction Halted
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 …
POSTED JANUARY 22, 2021 5:39 PM |
Homeowners Claims, Delays Top Louisiana 2020 Storm Complaints
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 has received about hurricane …
POSTED JANUARY 22, 2021 5:34 PM |
West News – Insurance Journal
California Construction Worker Charged with Workers’ Comp Fraud
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 employment status in order to collect …
POSTED JANUARY 22, 2021 10:38 PM |
Jumpstart Parametric Earthquake Firm on Move in West
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 California a little …
POSTED JANUARY 22, 2021 6:56 PM |
California OKs Using Moderna Vaccine After Illness Reports
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 …
POSTED JANUARY 22, 2021 3:45 PM |
Pardon for Ex-Google Exec Who Took Self-Driving Car Secrets to Uber
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 Levandowski enables him to …
POSTED JANUARY 22, 2021 3:42 PM |
George Petersen in California Names Five New Principals
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. Feierabend, a …
POSTED JANUARY 22, 2021 6:00 AM |
United Valley Insurance Services in California Adds Peck
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 underwriting supervisor at …
POSTED JANUARY 22, 2021 6:00 AM |
Cannabis Broker Spotlight: Schutz with NIF Group is a ‘Cannabis Ninja’
Editor’s note: This part of a series of profiles on cannabis brokers, in which Insurance Journal explores why and how these folks got into the business, the ups and downs of insuring cannabis, as well as a few tips for …
POSTED JANUARY 21, 2021 8:17 PM |
Fire Official Says Arcing Power Lines Caused Big Nevada Brush Fire
Satellite imagery and surveillance video from a casino roof 5 miles away helped pinpoint arcing power lines in gale force winds as the cause of a November brush fire that destroyed five Reno homes and damaged two dozen others, investigators …
POSTED JANUARY 21, 2021 3:42 PM |
Deal Offers More Financial Services for California Cannabis Firms
A California cannabis industry group announced Tuesday that it reached an agreement with a state credit union that will provide checking, wire transfers and other banking services for more marijuana companies, helping ease what has been an obstacle for many …
POSTED JANUARY 21, 2021 3:39 PM |
Alera Group Acquires CSNW Benefits in Oregon
Alera Group has acquired CSNW Benefits in Portland, Ore. The CSNW Benefits team will continue serving clients in their existing roles. Terms of the deal were not announced. CSNW Benefits serves clients throughout the Northwest region, creating employee benefits and …
POSTED JANUARY 21, 2021 6:00 AM |
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