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

Lien Consolidation Court, Fraud Part of Focus at California Comp Conference

The state’s top two labor officials were understandably high on the impact they expect two bills recently signed by Gov. Jerry Brown will have on California’s workers’ comp system and bad actors who have clogged the lien process and driven …

South Carolina, Florida Order Evacuations as Hurricane Matthew Approaches Southeast

The governors of Florida, Georgia and South Carolina have ordered a State of Emergency for each of their respective states as Hurricane Matthew makes its way up the Southeast coast after battering Haiti and Cuba. The Florida Division of Emergency …

Oregon Farmers Sue Irrigation District Over Water Cutoff

Malheur County farmers are suing their local irrigation district in Oregon, claiming it failed to deliver water when needed in 2014 and 2015. The Oregonian/OregonLive reports that Delos and Barbara Lee, who farm alfalfa and hay, filed a lawsuit against …

P/C Insurers Report $1.5B Net Underwriting Loss in First Half of 2016

Private U.S. property/casualty insurers reported a $1.5 billion net underwriting loss in the first half of 2016— the first year-to-date net underwriting loss in more than three years— and saw their net income after taxes drop to $21.7 billion in …

Outlooks Revised to Negative for Texas Farm Bureau Casualty Insurance, Subsidiary

A.M. Best has revised the outlooks to negative from stable and affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Ratings of “a” of Texas Farm Bureau Casualty Insurance Co. (Texas Casualty) and its subsidiary, Farm …

Hub International Acquires North Dakota-Based Mayport Insurance & Realty

Chicago-based insurance brokerage, Hub International Limited (Hub), has acquired the assets of Mayport Insurance & Realty Inc. (Mayport) in North Dakota. Terms of the acquisition were not disclosed. Based in Portland, North Dakota, Mayport specializes in providing property/casualty insurance products …

3.5 Magnitude Earthquake Hits Northern Oklahoma, Near Pawnee

A 3.5 magnitude earthquake struck northern Oklahoma on Tuesday morning, hitting the same spot where a record setting temblor was centered a month ago. The U.S. Geological Survey says Tuesday’s earthquake hit shortly after 4 a.m. with an epicenter about …

Fire Forces Evacuations of Hundreds of Buildings in Colorado

A wind-whipped wildfire destroyed several structures and forced hundreds of evacuations near a small mountain community in southern Colorado, authorities said. More than 500 buildings were evacuated throughout the day and into the evening on Oct. 3, affecting about 1,250 …

Texas Hospital Chain to Pay $513M to Settle Georgia Kickback Claims

Texas-based Tenet Healthcare Corp. and two of its Atlanta subsidiaries have agreed to pay more than $513 million to resolve criminal and civil claims accusing the chain of paying kickbacks to steer pregnant Medicaid patients to their hospitals. Under a …

Louisiana State, Local Governments Awarded $146M to Cover Flood Costs

The Federal Emergency Management Agency has awarded Louisiana an additional $146 million to reimburse state and local governments for debris removal and other expenses related to this summer’s historic flooding. The funding announced by FEMA includes nearly $95 million for …