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

Consumer Watchdog: California Commissioner’s Calendar Suggests He Made Contact in ‘Pay to Play’

Calendar entries and documents show that California Insurance Commissioner Ricardo Lara, not his fundraiser, made first contact with an agent of a workers’ compensation insurance company offering political support in conjunction with seeking approval for a change of control in …

Insurance Broker Burns & Wilcox Expands, Relocates in Chicago

Wholesale insurance broker and underwriting manager, Burns & Wilcox, has relocated and expanded its office in downtown Chicago. The new office, which houses Burns & Wilcox and Burns & Wilcox Brokerage, is located downtown at 111 S. Wacker. Burns & …

Nebraska Dry Cleaner Owner Faces Arson, Insurance Fraud Charges

The owner of a Nebraska dry cleaning business that burned following an explosion last year has been charged with arson and insurance fraud. The Sarpy County Attorney’s Office says in news release that 53-year-old Michael McKernan, owner of the Wardrobe …

Texas Mutual Pays $623.3K Dividend to Lone Star Auto Dealers Safety Group

Workers’ compensation insurer, Texas Mutual Insurance Co., has awarded a dividend of $623,341 to the Lone Star Auto Dealers Association (LSADA) Safety Group, which includes franchised auto, truck, RV, boat and motorcycle dealerships. This year’s dividend from Texas Mutual brings …

Ohio Director Froment Named to Federal Insurance Advisory Committee

Ohio Department of Insurance reported that Director Jillian Froment has been appointed to serve on the Federal Advisory Committee on Insurance (FACI). The committee provides advice and recommendations to the Federal Insurance Office (FIO). FACI was established in 2011 to …

Improvements to Tulsa-Area Levee System Proposed

The U.S. Army Corps of Engineers has proposed a $160 million plan to shore up levees around Oklahoma’s second largest city that have been weakened by periodic flooding. The Corps released a feasibility study that recommends altering existing levees and …

Federal Settlements in South Dakota Wildfire Total More Than $700K

Landowners in South Dakota have received over $700,000 in a lawsuit accusing a federal agency of burning their properties in an April 2013 prescribed fire that blazed out of control, destroying more than 10,000 acres. The U.S. Forest Service aimed …

Arkansas Plant Board Approves New Rules for Dicamba Use in 2020

An Arkansas panel has approved new rules for the use of an herbicide that has drawn complaints from farmers who say it has drifted onto their crops and caused damage. The Plant Board has approved an amended rule for the …

Agencies Form Venture to Accelerate, Invest in Insurtech Startups for Agents, Brokers

Six insurance agencies from across the country have joined together to form a program specifically for investors and innovators behind technology innovations for insurance agencies and brokerages. The new entity, BrokerTech Ventures, aims to invest in the research and testing …

Insurance Highway Institute Gives Tesla’s Model 3 Top Safety Rating

Tesla Inc.’s Model 3 electric sedan has earned the top safety rating from the Insurance Institute of Highway Safety (IIHS), becoming the first Tesla to do so. The IIHS has given the Model 3 its highest rating, top safety pick+. …