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

Trump Health Secretary Rule Slows COVID Court Claims Against Nursing Homes

Garnice Robertson wants accountability for her mother’s death from COVID-19 caught while she was living at a Kansas nursing home that allegedly failed to prevent an outbreak of the disease. An unexpected legal hurdle stands in her way. The nursing …

GEICO Loses Appeal that Sought Coverage From Another Insurer for Lamborghini Crash

In a dispute between two insurers, a federal appellate court ruled that GEICO is solely liable for the cost of replacing a Lamborghini worth more than $100,000 that was totaled in a collision with another vehicle. A panel of the …

Texas Surplus Line Insurance Premium Neared $8B in 2020

Texas recorded nearly $8 billion in surplus lines premium in 2020. The Surplus Lines Stamping Office of Texas (SLTX) reported that surplus line premium in the state increased to $7.92 billion in 2020, up 14% from $6.95 billion recorded in …

Judge Rules Former CBS Shareholders Can Sue Over ViacomCBS Merger

A Delaware judge on Wednesday said former CBS shareholders may pursue a lawsuit accusing Shari Redstone, the daughter of late media magnate Sumner Redstone, of pressuring the company into entering an unfair merger that created ViacomCBS Inc. Vice Chancellor Joseph …

Hogeboom Looks Back on 46 Years Helping Shape California Insurance Landscape

Robert W. Hogeboom has quietly been in the background of making and forming insurance laws and regulations for decades – and he’s seen a lot change in California’s insurance landscape in all of that time. During his 46-year-long legal career, …

Topa Insurance in California Names Kim Controller

Calabasas, Calif.-based Topa Insurance Co. has promoted Jamie Kim to controller and vice president of accounting. Kim will be responsible for representing the company and the finance department on strategic projects, reinsurance reporting, and leading the accounts payable, accounting and …

Before Starting an Independent Agency, There Are Many Questions to Weigh

In the most recent Closing Quote in Insurance Journal, I wrote about why I believe this is the best time in history for entrepreneurial agents to create a new independent insurance agency. My reasons include lower costs, the increased need …

Louisiana Governor Seeking $3B in Hurricane Aid From White House

Louisiana Gov. John Bel Edwards is asking President Joe Biden for $3 billion to help Louisiana with its ongoing recovery from the 2020 hurricanes, saying that he’s filed a request with the new White House similar to the unfulfilled ask …

Highway Safety Advocates Urge Nebraska to Tighten Slack Seat Belt Law

Highway safety advocates are urging Nebraska lawmakers to tighten state seat belt requirements that are among the loosest in the nation. Nebraska is one of nine states that only require seat belts for front-seat passengers, according to the National Conference …

Arkansas Judge Dismisses Bars’ Virus Curfew Challenge

An Arkansas judge has dismissed a lawsuit challenging the early closing time for bars and some restaurants that was temporarily imposed because of the coronavirus pandemic. The lawsuit argued Gov. Asa Hutchinson and state officials did not have authority to …