Daily Archives: <span>March 9, 2023</span>

IICF Southeast Division Raises over $1 Million for Charity at Annual Southeast Gala

CNA’s John Schramm & Texas Mutual’s Jeanette Ward honored with 2023 Southeast Philanthropic Leadership Award Dallas, TX., March 3, 2023 – The Insurance Industry Charitable Foundation (IICF), a unique nonprofit organization dedicated to helping communities and enriching lives, raised over …

Ohio Dollar General Operator Fined $254K for Repeat Safety Violations

Alerted by the concerns of the West Chester Township Fire Department in Ohio, workplace safety inspectors with the U.S. Department of Labor discovered exit routes, doors and fire extinguishers blocked at a Dollar General store on Princeton Glendale Road in …

Oklahoma Voters Reject Legalization of Recreational Marijuana

OKLAHOMA CITY (AP) – Oklahoma voters on Tuesday rejected the legalization of recreational marijuana, following a late blitz of opposition from faith leaders, law enforcement and prosecutors. Oklahoma would have become the 22nd state to legalize adult use of cannabis …

FDA: Two More Eyedrop Brands Recalled Due to Risks

U.S. health officials are alerting consumers about two more recalls of eyedrops due to contamination risks that could lead to vision problems and serious injury. The announcements follow a recall last month of eyedrops made in India that were linked …

Safety Agency Opens Probe of Norfolk Southern Rail Accidents

Federal investigators are opening a wide-ranging investigation into one of the nation’s biggest railroads following a fiery derailment on the Ohio-Pennsylvania border last month and several other accidents involving Norfolk Southern, including the The National Transportation Safety Board said on …

Crypto-Focused Bank Silvergate Plans to Wind Down Following Blow From FTX

Crypto-focused bank Silvergate Capital Corp. said on Wednesday it planned to wind down operations and voluntarily liquidate after it was hit with losses following the dramatic collapse of crypto exchange FTX, sending its shares down 35% in after-hours trade. The …

Judge Wants Fla. Adjuster Suspended, But Question Arises: Must Appraisers Be Licensed?

A public adjuster that has been vilified by insurers for disrupting and delaying property inspections could soon be suspended for two years following a recommended order by an administrative law judge. But state regulators’ recommendations in the case have raised …

Connecticut Sues Firearm Companies Over Ghost Gun Sales

Connecticut on Tuesday sued four gun companies it accused of mailing illegal firearm parts with no serial numbers to an undercover state investigator, the latest legal filing by states and cities seeking to crack down on untraceable ghost guns. Announcing …

Takeaways from Our Conversation with Cannabis Regulators Group

Model regulations states can follow for their cannabis industries may be just around the corner. Such guidelines are in place for state insurance regulators from the National Association of Insurance Commissioners. The insurance industry has NAIC. Cannabis has CANNRA. The …

People Moves: PCF Names New President; California Department of Insurance Appoints Members

PCF Insurance Services in Lehi, Utah, named Jenni Lee Crocker president. Crocker was PCF’s senior vice president, growth and operations for the past year. She will remain on the board of directors at PCF after completing her two-year tenure as …