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Kreidler Revokes Licenses of Washington Agency, Issues Fines to Others

Washington Insurance Commissioner Mike Kreidler issued fines in November totaling $63,550 against insurance companies, agents and brokers who violated state insurance regulations, including revoking the licenses of one producer. Following are fines and punitive steps Kreidler took in November and …

SWIFT Official Warns Banks of Escalating, More Sophisticated Cyber Threats

Cyber attacks targeting the global bank transfer system have succeeded in stealing funds since February’s heist of $81 million from the Bangladesh central bank as hackers have become more sophisticated in their tactics, according to a SWIFT official and a …

Strickland, TDI Legal Division Deputy Commissioner, to Join Law Firm in Austin

Stanton Strickland, deputy commissioner of the Legal Division at the Texas Department of Insurance (TDI), will join the Mitchell Williams Insurance Regulatory Practice Group in its Austin office, the law firm announced. Strickland, who is slated to join the firm …

Heffernan Insurance Brokers Adds Skarin as AVP in St. Louis

Heffernan Insurance Brokers has hired Matthew Skarin as Assistant Vice President in the commercial lines department of its St. Louis, Missouri, office. Skarin comes to Heffernan with eight years of insurance experience between personal and commercial lines. Most recently, he …

Texas Launches Study of High School Athlete Concussions

Texas is undertaking what state officials say is the nation’s largest effort to track brain injuries among young athletes. The University Interscholastic League, Texas’ governing body for public high school sports, is partnering with the O’Donnell Brain Institute at UT …

Contractors to Pay $147.5K after Worker Injury, Death at Vikings Stadium

Two construction companies have agreed to pay a combined $147,500 in fines over safety violations in the death of one worker and injuries to another during construction of the Minnesota Vikings’ new stadium last year. Berwald Roofing is paying $113,200 …

Hepatitis C Victims Reach Settlement with North Dakota Hospital

Nearly two dozen victims of one of the largest hepatitis C outbreaks in recent U.S. history have settled their claims against a Minot, N.D., hospital out of court. Neither plaintiffs’ attorney Behdad Sadeghi nor Trinity Health are releasing terms of …

Experts: Pilot of Crashed Texas Balloon on 10 Different Prescription Meds

The pilot of a hot air balloon that crashed in Texas in July, killing 16 people, was taking medications that should have precluded him from flying, medical experts testified at a federal hearing on Dec. 9. Experts also testified that …

Fiery South Dakota Train Derailment Blamed on Broken Rail

Investigators say a broken rail was probably the cause of a fiery South Dakota train derailment in September 2015 that resulted in more than $1 million in damage. Seven cars of a BNSF Railway train derailed near the town of …

California Workers’ Comp Bureau Issues Report on 3Q Insurer Experience

California’s Workers’ Compensation Insurance Rating Bureau on Tuesday issued its report on statewide workers’ comp insurer loss and premium experience through Sept 30, which among other things shows that the average rate charged per $100 of payroll is down from …

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