The District of Columbia’s Department of Insurance, Securities and Banking (DISB) this week issued a bulletin notifying property/casualty insurers doing business in the District that price optimization is discriminatory and that it violates the District’s anti-discrimination insurance laws. The Department’s …
An El Dorado, Kan., company has been ordered to pay $97,612 in restitution and a $10,000 fine for mishandling waste chemicals, U.S. Attorney Barry Grissom said. The company also must pay a $400 special assessment and serve three years on …
Environmental groups and a New Orleans company that failed to end a decade-old oil leak in the Gulf of Mexico have reached a settlement agreement in a lawsuit over the slow-motion spill. Taylor Energy Company said it has agreed under …
The Kentucky Supreme Court has reinstated a jury’s $300,000 award to a former Louisville, Ky., assistant track coach who claimed she was fired for filing a sexual harassment complaint. The Supreme Court said on August 20 that Mary Banker is …
Attorneys say a young man who was attacked by a bouncer at a South Beach nightclub has received a $5 million settlement. The lawyers representing 22-year-old Youness Adlan announced the settlement August 26. The Miami Herald reports that it is …
Texas Insurance Commissioner David Mattax announced two key executive positions on his staff. Doug Slape will become deputy commissioner for financial regulation, and Kevin Brady was named deputy commissioner for agency affairs. Slape replaces Danny Saenz, who is retiring after …
North Carolina Insurance Commissioner Wayne Goodwin announced the arrests of Pamela Christine Liles, 31, and Travis Paul Randolph, 30, of Siloam. Department of Insurance criminal investigators accuse Liles of insurance fraud in three counties, and Randolph of insurance fraud in …
The subcontractor involved in a fatal accident at the Minnesota Vikings stadium construction site has received nine citations for worksite safety violations in the past five years, according to public records. A Berwald Roofing Co. employee was killed on Aug. …
Mark C. Russell has been tapped as the next president and chief executive officer of Ohio Mutual Insurance Group, succeeding the company’s current retiring leader Jim Kennedy. Russell comes to Ohio Mutual from Columbus, Ohio-based Grange Insurance, where he has …
Specialist global insurer Hiscox has appointed John Giralt as head of Property for its Miami MGA operation. Joining from Catlin XL where he was a director covering the Americas, Giralt was responsible for managing the Latin American and Caribbean underwriting …
