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

A Matter of National Security: Compliance with Foreign Assets Control Regulations

Many in the insurance space are blind to the fact that the Office of Foreign Assets Control (OFAC) is lurking in the shadows. A federal agency in the U.S. Department of Treasury responsible for the administration, implementation and enforcement of …

No Injuries as 4.3M Earthquake Rattles Los Angeles

A small earthquake shook the greater Los Angeles metropolitan area Friday night, the U.S. Geological Survey confirmed. There weren’t any immediate reports of major damage or injuries. The magnitude-4.3 quake struck shortly after 7:58 p.m. and was centered near Carson, …

Texas Reduces Insurance Complaint Processing Times by 80%

The Texas Department of Insurance eliminated a backlog of consumer complaints and reduced processing times by 80% as part of the agency’s ongoing modernization initiative, the regulatory agency says. “Customer service is a priority, and that hasn’t changed during the …

Ford Sending $500 to Evacuated Michigan Households

Ford Motor Co. will send $500 checks to every household that was evacuated from a southeastern Michigan city because of a gasoline leak from the automaker’s plant into the community’s sewer system, representatives said. The checks would total $600,000 for …

Oklahoma Moves Up in Highway Bridge Conditions Ranking

Oklahoma moved from No. 9 in the nation to No. 7 among states with the lowest percentages of structurally deficient bridges on the highway system in 2020, the state’s transportation department reports. Oklahoma was once near the bottom of the …

40 Vehicles Damaged, Destroyed by Fire in Indianapolis Auto Yard

About 40 vehicles have been destroyed or damaged during a fire in an Indianapolis auto yard. The blaze initially was reported about 1:45 a.m. on Sept. 15 as a trash fire, according to the Indianapolis Fire Department. However, the first …

Wisconsin Agribusiness Sued for Harassment, Discrimination, Retaliation

Wisconsin’s largest ginseng producer is facing a federal lawsuit charging the company with subjecting female workers to hostile work environment and firing them for resisting, and for discriminating against employees because of their national origin. The U.S. Equal Employment Opportunity …

Donelon Doubles Down as State Farm Refuses to Cover Ida Evacuation Costs

For the second time in a week, Louisiana Insurance Commissioner Jim Donelon has said he is considering levying fines against insurance companies that continue to refuse to comply with his emergency directive to cover the temporary living expenses of policyholders …

South Carolina Lawyer Who Arranged Own Death Turns Himself in on Insurance Fraud

A prominent South Carolina lawyer who found the bodies of his wife and son three months ago plans to turn himself in to face charges in a plot to arrange his own death that ended with the shooter only grazing …

Fukushima Plant Officials Admit Failure to Probe Cause of Faulty Filters

TOKYO — Officials at Japan’s wrecked Fukushima nuclear power plant have acknowledged they neglected to investigate the cause of faulty exhaust filters that are key to preventing radioactive pollution, after being forced to replace them twice. Representatives of the operator, …