March 10, 2022
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 …
March 10, 2022
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 …
March 10, 2022
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 …
March 10, 2022
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 …
March 10, 2022
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 …
March 10, 2022
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 …
March 9, 2022
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 …
March 9, 2022
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 …
March 9, 2022
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 …
March 9, 2022
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 …