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

Washington Insurance Commissioner Fines UnitedHealthcare $30,000

Washington Insurance Commissioner Mike Kreidler took disciplinary action in October against insurance companies, agents and brokers who violated state insurance regulations. A summary of cases of interest to Washington consumers is below. Insurance companies UnitedHealthcare of Washington, Seattle; fined $30,000 …

Washington Workers’ Comp Rates Dropping Third Straight Year

The price of workers’ compensation insurance is dropping in Washington for the third consecutive year. The Washington Department of Labor & Industries on Monday announced a 0.8% decrease in the average amount employers will pay for the coverage in 2020. …

5 Quakes, Including 3 of Mag 3.6, Struck Oklahoma Last Week

The U.S. Geological Survey reports five earthquakes, including three of magnitude 3.6, were recorded in Oklahoma and felt in Kansas and Texas. One of the 3.6 magnitude earthquakes took place late Thursday night while the other two occurred Friday afternoon. …

Judge Nearly Doubles North Dakota Doctor’s $1.2M Award in Retaliation Suit

A North Dakota doctor who won a $1.2 million jury award against a Bismarck clinic in a retaliation case should collect more than $2.1 million after a federal judge settled post-trial disputes. Dr. Robert Roswick sued Mid Dakota Clinic in …

Insurance Claims from Tornado in Missouri’s Jefferson City Exceed $170M

State insurance officials say Jefferson City, Missouri, residents made more than $170 million in insurance claims after a tornado hit the city on May 22. KMIZ reports Missouri Department of Insurance data shows insurers paid out more than $122 million …

S&P Revises Qatar Insurance Outlook on Financial Risks from $308M Markerstudy Loan

S&P Global Ratings said it revised its outlook on Qatar Insurance Co. S.A.Q. (QIC) to negative from stable, although it has affirmed the group’s “A” rating. When QIC acquired four of Markerstudy’s subsidiaries in 2018, it also purchased the parent-related …

Moderate Earthquake Confirmed off Alaska’s Andreanof Islands Region

The Alaska Earthquake Center confirmed an earthquake hit the Andreanof Islands region. The center says the magnitude 6.3 earthquake struck at 3:54 p.m. Saturday. The epicenter was 59 miles southeast of Adak, a village of about 300 people. The center …

BerkleyMed and Berkley Healthcare Merged Into One

W.R. Berkley Corp. said it has combined two of its healthcare-focused operating units in a bid to strength how it offers their products to customers. BerkleyMed and Berkley Healthcare are now blended into a single operating unit with the Berkley …

California Faces Decade of Unique Wildfire Blackouts

California utility PG&E Corp. has imposed 10 intentional blackouts this year to reduce risks its power infrastructure could spark wildfires and said they will continue for a decade. PG&E initially said outages would happen only a couple of times a …

Housing Crunch in California’s Pushing Developers Deeper into Wildfire Zones

The Santa Ana winds were blowing as Greg Medeiros ducked behind his Chevy Tahoe on a remote hillside 25 miles from the edge of Los Angeles’s sprawl. He gestured to the valley below, describing his vision of Centennial, the city …