Monthly Archives: <span>April 2019</span>

OnRamp Insurance Accelerator Seeking Applications from Fintech and Insurtech Startups

Minneapolis-St.Paul – April 23, 2019 – The OnRamp Insurance Accelerator, in partnership with Allianz Life, Securian Financial and gener8tor, is accepting applications from startups seeking to be a part of the organization’s 2019 cohort. Each year, the accelerator invests in …

Brown & Riding Adds Katz in Colorado to Environmental Practice Group

Brown & Riding’s environmental practice group has added Tricia Katz to its team of environmental-focused insurance brokers. Katz works out of Denver, Colo. She specializes in assisting contracting risks with the placement of environmental products as well as stand-alone contractors …

J&J Asks Federal Court to Assume Baby Powder Lawsuits from State Courts

Johnson & Johnson wants a federal judge to take over more than 2,000 baby-powder lawsuits it faces instead of allowing the cases to be heard by state-court juries, where the company has a mixed record. The world’s largest maker of …

AAIS Gets Insurance Department Approval for CannaBOP in Colorado

The American Association of Insurance Services has received approval for its cannabis businessowners policy (CannaBOP) program from the Colorado Department of Insurance. AAIS announced it filed for approval of the program in Colorado earlier this month. AAIS first introduced CannaBOP …

Student Sues Apple for $1 Billion, Blames Face-Recognition Tech for False Arrest

Apple is being sued for $1 billion in damages by an 18-year-old college student who blames the company’s facial recognition software for his false arrest and for wrongly tying him to thefts at Apple stores in several states. The plaintiff …

Florida Contractor Accused of $40K AOB Insurance Fraud Scheme

A restoration contracting company owner was arrested this month in Florida for allegedly stealing more than $40,000 from consumers who assigned their insurance benefits to him through assignment of benefits (AOB) contracts, according to a statement from Florida CFO Jimmy …

Strong Storms Cause Tornadoes, Deaths Across Southeast

Strong storms roared across the Southeast last week, killing at least two in Mississippi and a woman in Alabama while leaving more than 100,000 people without power across Alabama, Mississippi, Louisiana and Texas. A girl was also killed in Florida …

North Dakota ‘Marsy’s Law’ Case Questions Whether Insurer Is a ‘Victim’

The North Dakota Supreme Court could soon clarify who is considered a victim under Marsy’s Law, which embedded victim’s rights into the state constitution. The high court is expected to rule in the upcoming months in a case that uses …

North Dakota Governor Signs Health Reinsurance Bill

North Dakota Gov. Doug Burgum has signed a bill that allows for establishing a reinsurance pool for the individual health insurance market in that state. House Bill 1106, backed by the North Dakota Department of Insurance, was passed unanimously by …

California Workers’ Comp Medical Dispute Resolution Letters Rose Last Year, Study Shows

After dipping for the first time ever in 2017, the number of workers’ comp medical dispute decision letters rose to an all-time high in 2018, according to a California Workers’ Compensation Institute study on the Independent Medical Review process used …