Monthly Archives: <span>March 2015</span>

Viacom to Pay $7.2M to End Internship Lawsuit

Viacom Inc. agreed to pay $7.21 million to settle a class-action lawsuit by thousands of former interns who said the owner of Comedy Central, MTV and Nickelodeon did not pay them, despite their having done work similar to paid employees. …

Four Health Insurers Fined $280K in Maryland

Four health insurance companies paid a combined $280,000 in fines to the Maryland Insurance Administration (MIA) for selling unapproved health insurance plans to college students in Maryland, regulators announced on March 3. Student health benefit plans are only available to …

Conn. Revisits Workers’ Comp for First Responders With PTSD

Connecticut’s General Assembly is revisiting whether to grant workers’ compensation coverage for certain first responders suffering from post-traumatic stress disorder, such as those who responded to the mass shooting at Sandy Hook Elementary School. Following a couple years of consecutive …

Bill to Presume Conn. Firefighters’ Cancer Is Work-Related

Connecticut state lawmakers are considering legislation that would presume firefighters who have cancer most likely got it from their jobs, easing claims for insurance or workers’ compensation. The science supports firefighters’ argument, Waterbury Deputy Fire Chief Richard Hart, political affairs …

FEMA Sets Up Review Process for Sandy Flood Claims

In wake of allegations that some insurers in the National Flood Insurance Program (NFIP) may have denied or underpaid Superstorm Sandy flood claims based on falsified engineering reports, the Federal Emergency Management Agency is now prepared to review “every flood …

People – East

Global reinsurance and insurance broker Willis Group Holdings appointed Christine LaSala to be chair of Willis North America. LaSala will work with Todd Jones, CEO of Willis North America, on business development and expanding Willis’s footprint in the marketplace. LaSala …

N.H. Issues Guidance on Producer Compensation

The New Hampshire Insurance Department recently issued a bulletin on permissible forms of insurance producer compensation. “We had received inquiries from producers and wanted to provide helpful guidance for them,” a New Hampshire Insurance Department spokesperson said of the bulletin. …

MetLife to Pay Gov’t $123M in Settlement

MetLife’s home lending unit will pay $123.5 million to end an investigation into allegations it gave government-backed mortgages to people who didn’t meet federal requirements. The Justice Department said that MetLife knew the business was issuing hundreds of loans that …

N.Y. Assemblyman Proposes State-Run Flood Insurance

A New York State assemblyman is proposing a bill to create a state-run flood insurance program designed to serve New York homeowners in flood-prone communities. Assemblyman Phillip Goldfeder (D-Queens) announced the plan on March 1 to introduce new state legislation …

Tennessee Weighs Workers’ Compensation ‘Option’ Legislation

Tennessee may soon have its own alternative workers’ compensation insurance through new legislation by Republican lawmakers known as the Tennessee Employee Injury Benefit Alternative. State Sen. Mark Green and Rep. Jeremy Durham introduced Senate Bill 721 and House Bill 0997, …