Monthly Archives: <span>January 2021</span>

Conventional Unemployment Insurance Does Not Work in the Gig Economy

Like those on the opposite coast, New York courts and administrative panels have recently found that Uber drivers qualify for unemployment benefits. This is a problem. Indeed, even if the courts are right as a matter of law, what’s happening …

Unlicensed California Agent Fined $20K Following Cease and Desist Order

Former insurance agent, Karen Marie Dondanville, 53, of Lake Forest, Calif., this week was ordered to pay the California Department of Insurance $20,000 in penalties after a judge’s decision that affirms the cease and desist order issued against Dondanville for …

California Passes 103K COVID-19 Workers’ Comp Claims for AY 2020

The monthly count of COVID-19 job injury claims reported rose to a record 32,549 cases in December, bringing the total number of COVID-19 claims for accident year 2020 to 103,712, or more than one out of every six workers’ compensation …

Companies to Face Tougher Mining Regulations, Costs in Wisconsin

Companies looking to mine copper, gold and silver in Wisconsin will face dramatically higher costs and have to work around an extensive list of off-limit areas under new rules the state Department of Natural Resources policy board overwhelmingly approved this …

Duke Energy, North Carolina Reach Deal on Coal Ash Removal Costs

Duke Energy, North Carolina officials and a conservation group announced Monday an agreement on how the utility pays to get rid of coal ash stored in the state. The proposed settlement would shift an estimated $1.1 billion in expenses away …

Alabama Education Association Urges COVID Vaccinations for Teachers After 39 Deaths

The Alabama Education Association is urging the state to give teachers COVID-19 vaccinations following the deaths of at least 39 public school employees from the contagious illness. The group, which represents public education employees, sent a letter Friday to State …

Governor Promises Help After Killer Tornado Devastates Alabama Town

James Scott has never lived anywhere other than a two-story house on hilly Darlene Drive north of Birmingham. Home will never be the same after a tornado smashed the structure into pieces, killed another teen and left the community devastated …

Florida’s Citizens Seeks to Stem Flow of New Policies with Drastic Rate Changes

After holding off on approving its 2021 rates last month, Citizens Property Insurance Corporation’s Board of Governors has approved rate recommendations that the insurer says will make its rates more competitive with the private market to slow the flow of …

W.R. Berkley Reports Record Q4 Net Income

W.R. Berkley Corp. generated record net income in its 2020 fourth-quarter and a healthy combined ratio, results that company attributed to rate hikes, bigger investment returns and ongoing underwriting discipline. Fourth-quarter net income reached nearly $312.2 million, or $1.67 per …

M&T Bank’s Batt, Beazley’s Ingrassia Join AmTrust Cyber Insurance Team

Specialty insurer AmTrust Financial Services reported that Jeffrey Batt and Michelle Ingrassia have joined its cyber insurance team headed by Aaron Basilius, senior vice president, Cyber. Batt joins AmTrust from M&T Bank where he was the Cyber Insurance practice leader. …