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Major Florida Insurance Bill Dies; Roof Provisions Left out of Second Bill

With just two days left in the 2022 Florida legislative session, a comprehensive property insurance reform bill appears to be dead. But lawmakers were said to be looking for ways to fold some of the main provisions into other bills …

Online University Paying $22M in California Suit for Misleading Students

A California judge has ordered an online, for-profit university and its former parent company to pay $22 million in penalties, saying they mislead students about the costs of their education, among other things, the state’s attorney general announced Monday. The …

New Chief at Pinnacol in Colorado Plans to Transform Hundred-Year-Old Carrier to Deal with Changing Workforce

John O’Donnell picked an interesting time to change jobs. The way the world works is radically changing, and just as the pandemic – apparently – wanes, he’s taking the helm of a large workers’ compensation provider. The biggest challenge he …

Hub Acquires Niedermeyer Risk Management in Oregon

Hub International Ltd. acquired the assets of Niedermeyer Risk Management LLC in Beaverton, Oregon. Jon Niedermeyer, CEO & managing partner of Niedermeyer Risk Management, and the Niedermeyer Risk Management team will join Hub Northwest. Niedermeyer Risk Management provides employee benefits …

Keystone Adds New Jersey’s Strategic Insurance Partners

The Pennsylvania-based insurance brokerage platform Keystone Agency Partners (KAP), has acquiredadmin Strategic Insurance Partners (SIP), an independent insurance agency based in Nutley, New Jersey, to its network. Financial terms of the transaction were not disclosed. Founded in 1900, SIP is …

AM Best Raises Country Risk Level for Russia

The insurance rating firm AM Best said it has moved its country risk tier for Russia to a CRT-5 from a CRT-4 to reflect the “significantly heightened geopolitical, economic and financial system risk” in the country. Sanctions against Russia have …

Chevron Phillips Chemical Agrees to Reduce Air Pollution at 3 Texas Plants

Chevron Phillips Chemical Company LP has agreed to make upgrades and perform compliance measures estimated to cost $118 million to resolve allegations that it violated the Clean Air Act and state air pollution control laws at three petrochemical manufacturing facilities …

Illinois District Court: Insurer Cannot Rely on Employment-Related Exclusion in BIPA Suit

An Illinois federal judge said a policy exclusion for employment-related practices does not protect State Automobile Insurance Co. from defending a grocery chain accused of violating the Illinois Biometric Information Privacy Act (BIPA). U.S. District Court for the Northern District …

U.S. House Panel Refers Amazon to Justice Department Amid Competition Probe

Five members of the U.S. House Judiciary Committee have asked the U.S. Department Of Justice (DOJ) to investigate Amazon.com Inc for “potentially criminal conduct” by the company and some of its senior executives. In a letter to the Attorney General …

Texas Division of Workers’ Comp Seeks Public Comments On Proposed EDI Form Revisions

The Texas Department of Insurance, Division of Workers’ Compensation (DWC) is accepting public comments on proposed revisions to a pair of Electronic Data Interchange forms: EDI-01, Electronic Data Interchange (EDI) Trading Partner Profile; and EDI-02, Insurance Carrier or Trading Partner …

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