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

Policygenius to Open 2nd Headquarters in North Carolina, Create 377 Jobs in State

Online insurance platform Policygenius plans to open a new technical and operations center in Durham County, North Carolina, according to a statement from Governor Roy Cooper. Policygenius’ new location plan calls for the creation of at least 377 jobs over …

Mississippi Woman Ordered to Pay $2M Over Car Crash Caused by Loose Donkey

A Mississippi woman whose loose donkey caused a fatal car crash has been ordered to pay more than $2 million in a wrongful death lawsuit last month. The Greenwood Commonwealth reports K.K. Henderson Kent was sued by Sandra Santos, whose …

Thousands of Californians Face Power Shutoffs Due to Wildfire Risk

California utilities are warning that they may shut off electricity to thousands of customers across the state as hot, dry and windy weather raises the risk of another catastrophic wildfire sparked by a power line. PG&E Corp., forced into bankruptcy …

California Commissioner: Data Shows ‘Disturbing’ Disparities in Auto Insurance Discounts

The California Department of Insurance on Tuesday released data from an investigation showing what the CDI is calling “wide socioeconomic disparities” in auto insurance group discounts offered to millions of California drivers. The CDI says the investigation illustrates that many …

Washington Dairy Bottling Plant Hit with $1.8M Fine for Safety Violations

A Battle Ground, Wash., dairy bottling and distribution operation has been hit with a large fine for multiple violations after a worker’s hand was crushed in the bottling plant. The Department of Labor & Industries has fined Green Willow Trucking, …

Washington Insurance Commissioner Orders Alaska Air Captive to Pay $2.5M

Washington Insurance Commissioner Mike Kreidler has hit another big corporation’s captive insurer with a fine. Kreidler has been going after captives for owed taxes by fining them since last year, when he issued large fines to captives for Microsoft and …

Florida Children’s Hospital Facing Massive Fines Over Issues in Heart Unit

Florida regulators were expected to issue one of the largest fines against a hospital in recent memory. The Tampa Bay Times reports that Johns Hopkins All Children’s Hospital could face a total of $804,000 in penalties from the state Agency …

Report: Louisiana Sees 13 Consecutive Quarters of Personal Income Growth

Data released by the Bureau of Economic Analysis (BEA) shows that Louisiana personal income grew by $2.67 billion to $224.43 billion between 2019 Q1 and 2019 Q2, a new series record. Louisiana personal income has grown for 13 consecutive quarters …

North Carolina Gov Asks for More Disaster Aid After Dorian

North Carolina Gov. Roy Cooper is seeking additional federal disaster assistance for counties affected by Hurricane Dorian. Cooper made the request to President Donald Trump’s administration Saturday. Cooper asked for individual assistance for Carteret, Dare, Hyde and New Hanover counties …

AmTrust E&S Insurance Services Taps Lynn to Lead New Excess Casualty Division

AmTrust E&S Insurance Services is expanding its offerings with the launch of an excess casualty underwriting division. To lead the Los Angeles-based new business unit, AmTrust E&S has hired Jeff Lynn, who brings 15 years of experience in the excess …