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

Insurers Plan to Continue Hiking Liability Rates for Architects, Engineers: Ames Gough

Most professional liability insurers covering architects and engineers (A/E) achieved varied premium growth last year as the U.S. construction industry remained resilient during the COVID-19 pandemic. Yet, worsening claims experience is prompting these insurers to seek larger rate increases, according …

Smith Joins Palomar Insurance in Georgia

Palomar Insurance has added Reese Smith, III to its expanding sales team as an acount executive specializing in the transportation industry. Smith has experience with trucking insurance and personalized service and will work to assist clients in understanding their company’s …

Worker Injuries Rise as Oklahoma Pork Plant Speeds Up Slaughtering

One of America’s leading pig slaughterhouses is running faster than ever as meatpackers hustle to keep pork in grocery stores during the COVID-19 pandemic. Plant worker Hector Ixquier says it’s time to slow down. Ixquier said he sought medical treatment …

$1B Class-Action Suit Filed Against Texas Wholesale Electricity Provider, Griddy

A Chambers County, Texas, resident has filed a class-action lawsuit against electricity retailer Griddy, accusing the provider of price gouging customers during last week’s freeze. She is seeking $1 billion in relief for affected customers. Attorneys for Lisa Khoury said …

California School Employee Arraigned for Workers’ Comp Fraud After Virus Diagnosis

Stephanie Medrano, 33, of West Covina, Calif., was arraigned on Tuesday on multiple counts of grand theft and insurance fraud after allegedly making misrepresentations following a COVID-19 diagnosis in an attempt to collect more than $33,000 in undeserved workers’ compensation …

California Commissioner Wants Rate Transparency Rules for Wildfire Risk

California Insurance Commissioner Ricardo Lara has proposed new rules to give homeowners and businesses open access to their properties’ wildfire risk scores. The new rules would require insurance companies to provide a consumer with their property’s wildfire risk score, which …

Wyoming Department of Insurance Giving Online Licensing Exams

The Wyoming Department of Insurance is now enabling candidates for insurance licensure to schedule exams online through testing vendor Pearson VUE and their OnVUE online proctoring service. Online testing will begin on March 2. “The weather and long distances in …

Black North Carolina Firefighters File Discrimination Suit

A group of Black firefighters in North Carolina has filed a lawsuit against their city and their fire chief, alleging that he has not made an effort to prevent racial discrimination, harassment and retaliation within his department. The lawsuit filed …

Larry Goanos’ New Book ‘Professional Lines Insurance: An Oral History’ Accounts the Real-World Workings of the Professional Lines Insurance Market

San Diego, CA (February 23, 2021) – Insurance Journal’s Academy of Insurance today announced the release of “Professional Lines Insurance: An Oral History: The People and Companies that Built a Niche,” by Larry Goanos, a book about the real-world workings …

Iowa’s UFG, Topsail Re Agree on Program Management Sharing Plan

UFG Insurance, based in Cedar Rapids, Iowa, and Topsail Re have agreed to share program management and risk for certain lines of business. According to UFG, the new agreement is a companion lines arrangement wherein UFG and Topsail Re will …