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

Texas Insurance Officials Fine Zenefits $550K for Noncompliance

The Texas insurance regulators have fined human resources software startup, Zenefits, $550,000 for its past use of unlicensed health insurance brokers. The Texas Department of Insurance said YourPeople Inc., more commonly known as Zenefits, used unlicensed staff to sell and …

XL Catlin Adds Cyber Insurance For Design Professionals

To help architectural and engineering firms stave off the financial and reputation consequences of potential cyber incidents, XL Catlin has added cyber insurance as an optional coverage to its professional liability insurance for architects, engineers and other design businesses. Available …

Louisiana Insurance Commissioner Extends Post-Flooding Emergency Rule

Louisiana Insurance Commissioner Jim Donelon has extended a previously issued emergency rule related to the historic flooding in multiple Louisiana counties in August. Emergency Rule 30 extends through Feb. 9, 2017, a previous rule allowing greater protection and flexibility for …

Wildfires Threaten Alabama; Governor Signs No Burn Order

Gov. Robert Bentley on Wednesday signed an order banning outside fires across most of Alabama because dry conditions have led to fast-spreading wildfires. The governor signed the drought emergency declaration, putting 46 counties under the no burn order. The drought …

Daily Flood Worries Put North Carolina Residents On Edge

Anita Van Beveren has been returning day after day to watch the brown floodwater creep toward the rental home she shares with her two teenage children. While she got many belongings out, they couldn’t move everything – a bicycle is …

Illinois Plumbing Contractor Fined $275.7K for Trenching Hazards

Federal safety officials say that less than three weeks after being cited for exposing workers to unsafe trenches, investigators saw a Chicago plumbing contractor exposing the same four-man crew to trenching hazards as they worked on sewer and water utilities …

Brakes Were Working in New Jersey Commuter Train Crash, Report Says

The National Transportation Safety Board said Thursday the brakes were working on a New Jersey Transit train that sped into the Hoboken Terminal on Sept. 29, killing one and injuring 110 people. The NTSB previously said the train was traveling …

Louisiana Chemical Manufacturer Fined $92.6K for Serious Safety Violations

Federal safety officials have cited a Louisiana chemical manufacturer for nine serious and two other violations, and issued fines of more than $92,000. The U.S. Department of Labor Occupational Safety and Health Administration’s Baton Rouge Area Office cited PPG Industries …

Ex-CEO of Indiana Nursing Home Company Indicted for Fraud, Kickback Scheme

The former CEO of a company that operates dozens of Indiana nursing homes and three others face federal charges in a kickback scheme worth millions of dollars, according to an indictment released on Oct. 12. Grand jurors charged former American …

Chubb, Assurance, American Financial Tops in P/C Insurer Performance: Fitch Rating

Niche property/casualty insurer Assurant Inc., diversified multi-line writer The Chubb Corp. and specialty commercial lines insurer American Financial Group Inc. are ranked the top three performers over the most recent five-year period in a Fitch Rating report. The statutory financial …