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

Alldredge Named CEO of NAMIC, Succeeding Chamness

The National Association of Mutual Insurance Companies has named Neil Alldredge as the association’s next president and chief executive officer, effective July 1. Alldredge has been with NAMIC since 1999, serving most recently as senior vice president of corporate affairs, …

Texas Warns of Flooded Vehicles Hitting Resale Market

The Texas Department of Insurance has warned flood-damage vehicles may be hitting the state’s resale market following the heavy rains and flooding that swamped Louisiana and Southeast Texas in May. TDI noted that ccam artists will buy salvage cars at …

Kobe Bryant’s Widow Agrees to Settle Lawsuit over Deadly Crash

Kobe Bryant’s widow has agreed to settle a lawsuit against the pilot and owners of the helicopter that crashed last year, killing the NBA star, his daughter, Gianna, and seven others. Vanessa Bryant, her children and relatives of other victims …

South Florida Condominium Tower Partially Collapses, Killing At Least One

A Surfside, Fla. condominium tower partially collapsed early Thursday morning, killing at least one person and leaving 51 people unaccounted for. Approximately 55 units of the 12-story, 136-unit Champlain Towers South building were affected. Firefighters and first responders arrived at …

$750K Settlement Reached with Texas Physicians Group over False Claims

The U.S. Justice Department has reached a settlement agreement with a physicians group in El Paso over allegations of violating the false claims act. The U.S. Attorney’s Office for the Western District of Texas reported that El Paso Ear, Nose …

Georgia Hospital System Still Recovering From Ransomware Attack

A coastal Georgia hospital system is still struggling to recover from a ransomware attack that shut down its computer systems last week. Local news outlets report that the St. Joseph’s/Candler health system, which operates two hospitals in Savannah and has …

AM Best Revises Mississippi Farm Bureau Outlooks to Negative

AM Best has revised the outlooks to negative from stable and affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a” (Excellent) of Mississippi Farm Bureau Casualty Insurance Company of Jackson, Miss. AM Best …

Armed School Employees Require Training, Ohio Supreme Court Says

School districts that allow employees to be armed must also require police-level training for those workers, a divided Ohio Supreme Court ruled on June 23 in a victory for a group of parents who challenged a local district’s armed employee …

Workers Fired, Resign over Houston Hospital’s COVID-19 Vaccine Mandate

More than 150 employees at a Houston hospital system who refused to get the COVID-19 vaccine have been fired or resigned after a judge dismissed an employee lawsuit over the vaccine requirement. A spokesperson for Houston Methodist hospital system said …

People Moves: Corvus Hires from Zurich, IFG; Cover Genius Grabs Munich’s Brune; Kin Names 6 Execs; Snapsheet Promotes Cohen

Corvus Adds Chief Insurance Officer and General Counsel Data science and artificial intelligence-driven commercial insurance provider Corvus Insurance announced the appointment of Lori Bailey as chief insurance officer and Kori Johanson as general counsel. Bailey and Johanson each brings more …