Monthly Archives: <span>January 2016</span>

Additional $5.1M Recovered for Louisiana Insurance Policyholders in 2015

The Louisiana Department of Insurance (LDI) announced that in 2015 an additional $5.1 million in insurance claim payments was recovered on behalf of policyholders. Insurance Commissioner Jim Donelon says these funds are the result of LDI staff working with company …

NFP Names Savage as COO of Midwest P/C Division

Global insurance broker NFP Corp. has appointed Patrick Savage as chief operating officer (COO) for NFP Property & Casualty, Midwest. Savage will lead operations and finance for NFP Property & Casualty, Midwest and will use his expertise in the P/C …

Bike Lobby Seeks Lower Speed Limits in Minnesota Cities

Minnesota’s bike lobby is hoping to get state legislators to lower speed limits on city streets around the state, arguing it would make cyclists and pedestrians safer. A speed limit of 25 mph is being sought by the state’s bike …

U.S. Labor Department Issues Joint Employer Liability Rules

More U.S. companies could be classified as “joint employers” of workers employed by a staffing agency or contractor and held liable for labor violations tied to those staff, the U.S. Labor Department said in guidance published Wednesday. Joint employment has …

Utah Man Nabbed after Staging 23 Auto Accidents over 5 Years

Utah-man Navid Monjazeb faces 22 counts of insurance fraud, reckless endangerment, and other crimes spanning five years and at least 23 known accidents – with the same three vehicles. Charges resulting from a months-long investigation conducted by Utah’s Insurance Fraud …

California Commissioner Orders Changes to FAIR Plan

California Insurance Commissioner Dave Jones issued an order directing the California Fair Access to Insurance Requirements Plan to make several changes in the wake of last year’s severe fire season. The order includes enhanced coverage options, it eliminates the requirement …

Britton Gallagher Expands Life Sciences Division in California with Wright

Britton Gallagher has named Tina Wright an account manager on its life sciences team. Wright will be based in San Diego, Calif. and will focus on developing solutions for issues facing life science clients. Wright has a background in commercial …

Plan to Burn off Leaking Methane in California Scrapped

Air quality regulators agreed on Wednesday to scrap a proposal to capture and burn off some of the methane spewing into the air from a subterranean pipeline rupture that has forced thousands of Los Angeles residents from their homes since …

Liberty International Underwriters Names C&F’s Cossetti as Head of U.S. Casualty

Liberty International Underwriters (LIU) has named Diana Cossetti as senior vice president of LIU’s U.S. Casualty operation, newly-created underwriting leadership role overseeing Primary Casualty, Excess Casualty, Environmental, Railroad and Crisis Management. S Cossetti will be based in New York and …

UK’s Aviva to Buy Royal Bank of Canada Unit for North America Expansion

Aviva Plc, the U.K.’s second-biggest insurer by market value, agreed to buy a home and auto insurer from Royal Bank of Canada for C$582 million ($402 million) to expand in North America. The purchase will increase Aviva’s policy sales in …