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

Idaho Insurance Department Pulls Producer License for Policy Fabrication

The Idaho Department of Insurance has issued an order to revoke the license of Meaghan A. Ruether, Meridian, and Rangewood Insurance LLC. The department alleged that Ruether misrepresented or fabricated information on 25 insurance policies. The department was reportedly alerted …

Pittsburgh-Based Highmark Sues Federal Government Over ACA Payments

Pittsburgh-based health insurer Highmark Inc. is suing the federal government saying it’s owed about $223 million under the Affordable Care Act for losses in 2014. Highmark filed the lawsuit in a Washington federal claims court on Tuesday. The health insurer …

Brightway Insurance Announces 2 Agency Owners in Pennsylvania

Brightway Insurance, a national property/casualty insurance retailer selling through a network of franchised independent agencies throughout the country, has announced two agency owners in Pennsylvania. Kate Gowen has opened a new Brightway agency in Lansdale, and Rob Richardson has opened …

Allstate: Texas Hail Event Accounts for Half of April Cat Losses

The Allstate Corp. announced estimated catastrophe losses for the month of April 2016 of more than $600 million, pre-tax ($411 million after-tax). Half of the losses stem from one severe hail event in Texas last month. Catastrophe losses occurring in …

UT Study Links Recent Texas Quakes to Oil Activity

A new study by researchers at the University of Texas at Austin concludes that human activity has been a factor in earthquakes throughout the state for nearly 100 years. The study conclusions are in a paper to be published in …

Lockton Acquires Outland Consultants in Connecticut

Insurance broker Lockton announced Thursday that it has acquired Outland Consultants, a global employee benefits consultancy in Glastonbury, Connecticut. Terms of the transaction were not disclosed. Since 1998, Outland Consultants has worked with international companies to help assess and manage …

Minnesota, Wisconsin Wine Grape Crops Damaged in Cold Snap

Vintners in southern Wisconsin and southeastern Minnesota are reeling from a weekend cold snap that ruined huge swaths of their grapes. Temperatures dipped below freezing in much of those areas late Saturday and early Sunday, wiping out grape shoots that …

Morrison Tapped to Head Ohio’s Workers’ Comp Fund

Gov. John Kasich has appointed the chief legal officer to Ohio’s insurance fund for injured workers as the agency’s new leader. Sarah Morrison takes over as administrator and CEO of the Ohio Bureau of Workers’ Compensation from Steve Buehrer. She …

Austin Riders Look to Craigslist after Exit of Uber and Lyft

After a car wreck last year put Akhila Sivakumar in the hospital for more than a month and left her with burns and bruises across her body, she was hesitant to drive again. So when the 22-year-old began to look …

Federal Funding for Ohio Flood Control Plan in Jeopardy

Officials in northwest Ohio may be forced to abandon a flood control project or pay for it with local money as federal funding for the plan is in jeopardy. A review by the U.S. Army Corps of Engineers in recent …