News

Puerto Rico Hit with Second Earthquake on Southern Coast; 4,000 People in Shelters

A magnitude 5.9 quake shook Puerto Rico on Saturday (January 11) causing millions of dollars of damage along the island’s southern coast, where previous recent quakes have toppled homes and schools. The U.S. Geological Survey said the 8:54 a.m. (1254 …

California Agent Sentenced for Stealing $174K in Premiums from Truck Drivers

Connie Free, 34, of Moreno Valley, Calif., was sentenced this week to 22 felony counts and one misdemeanor count including grand theft and forgery after reportedly stealing at least $174,000 in insurance premiums from 11 different victims. Free received a …

California Commissioner Adds to Curriculum Board, CIGA Board

California Insurance Commissioner Ricardo Lara this week announced his appointments of the newest members to the Curriculum Board and the California Insurance Guarantee Association Board of Governors. The Curriculum Board oversees the development of pre-licensing and continuing education curriculum for …

Insurance Journal’s Top 10 Cyber Insurance Stories of 2019

An A.M. Best report released in June gave a comprehensive look at the state of the cyber insurance market for 2018, the most recent year data was available, stating that it has seen continued growth and underwriting performance in this …

What’s Happening in Agency Compensation? Take This Year’s Salary Survey

Insurance Journal would like to invite ALL retail agency owners, principals, producers, CSRs — the entire agency — to participate in Insurance Journal’s annual independent insurance agency salary survey for publication in our February 24, 2020, issue. The survey takes …

Judge Won’t Make Health System Fund Defense of Accused Ohio Doctor

A federal judge declined for now to compel a Michigan-based health system to advance legal costs for a doctor’s defense against murder charges in the deaths of 25 Ohio hospital patients. U.S. District Judge George Caram Steeh in Michigan concluded …

Endo Pharmaceuticals Settles with Oklahoma for Alleged Role in Opioid Crisis

Endo Pharmaceuticals has reached an out-of-court settlement totaling $8.75 million for the company’s alleged role in Oklahoma’s opioid crisis, state Attorney General Mike Hunter reported in a media release issued by his office. The majority of the money will go …

Ex-U. of Oklahoma Official Facing Multiple Allegations of Sexual Misconduct

A third University of Oklahoma student has come forward with sexual misconduct allegations against a former university administrator. The 21-year-old student claims in a lawsuit filed on Jan. 6 that former OU Vice President Jim “Tripp” Hall III performed a …

SLTX Adds Aug as Director of Finance

Donna Aug has joined the Surplus Lines Stamping Office of Texas (SLTX) as director of Finance. She joins from Northstar Fire Protection and Northstar Alarm & Suppression System, where she served as controller for 11 years. Prior to this role, …

Las Vegas Reports Cyber Attack Breached City’s Computers

Las Vegas officials said that that a cyber attack breached the city’s computer systems, but it wasn’t immediately clear if any sensitive data was compromised. City officials were alerted to the breach around 4:30 a.m. on Tuesday, city spokesman David …

News Archives by Month