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People Moves: Linton to Head Environmental Underwriting

Beth Linton, the vice president of Environmental Underwriting Solutions since 2006, is the new president of the wholesale insurance broker. Birmingham-based EUS, which specializes in complex environmental coverage, said Linton earned her master of science degree in environmental management from …

In Big Florida Ponzi Scheme Fallout, Security National Sues Firm’s Lawyers

Finger-pointing in one of the largest Ponzi schemes to hit Florida has spilled over into the legal and insurance industries. Security National Insurance Co. has filed suit against a Miami law firm, alleging the lawyers failed to divulge their previous …

Alera Group Acquires J&J Benefits Insurance Agency in Utah

Alera Group acquired J&J Benefits Insurance Agency, an employee benefits consulting and health insurance firm serving clients in Utah and Idaho. J&J Benefits joins Alera Group through Banasky, an Alera Group company in Utah. The J&J Benefits team will continue …

Woman’s Oregon City Suit Blames Tear Gas for Impacting Menstrual Health

A woman is suing the city of Portland, Oregon, alleging that tear gas deployed by police during summer 2020 demonstrations caused lasting damage to her menstrual health. Lanora Vasquez’s lawyer, Michael Fuller, filed the civil rights complaint this week in …

Reinsurer Says U.S. Should Regulate $17 Billion Litigation Funding Industry

Litigation funding has become a $17 billion industry globally, with 52% of that money being spent in the United States, Swiss Re said in a recent report. The reinsurer said third-party litigation funding (TPLF) is increasing the number of “outsize” …

Major Companies Rush to Fix Software Flaw Before Hackers Strike

Major global companies are facing pressure to fix what experts are calling one of the most serious software flaws in recent memory. The flaw in the Log4j software could allow hackers unfettered access to computer systems and has prompted an …

Wells Media Group Transitions Ownership to Its Employees

Wells Media Group, Inc announced that it has become a 100% employee-owned firm via the launch of an Employee Stock Ownership Plan (ESOP). Wells Media, the publisher of Insurance Journal, Carrier Management and Claims Journal and other news and insights …

US Lawmakers Propose Bill Making Staged Collisions Federal Crime

U.S. Congressmen Garret Graves and Henry Cuellar have introduced a bill that would make it a federal crime to stage a vehicle collision and fraudulently claim financial damages. Graves (R-LA) and Cuellar (D-TX) say the legislation, the Highway Accident Fairness …

AAA: Rear-End Collisions / Fender Benders Top Texas 2021 Auto Insurance Claims

An American Automobile Association report revealing the top auto insurance claims among Texas members in 2021 shows that rear-end collisions and fender benders accounted for 18% of all claims this year. A rear-end collision or fender bender costs drivers more …

Auto Insurance Virtual Town Halls Offered to Michigan Drivers

The Michigan Department of Insurance and Financial Services (DIFS) will offer free town hall events for consumers about auto insurance. The town halls will take play Dec. 14 at 6 p.m. and Dec. 15 at 12 p.m. via Zoom. The …

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