News Center
News – Insurance Journal
California Bill Addressing Property Rates in Wildfire-Prone Areas Awaits Hearing
The stage has been set for a major battle over a California bill due to be heard in the next few weeks in a key committee that opponents say is a direct attack on insurance consumer protections and proponents say …
POSTED AUGUST 11, 2020 9:15 PM |
California Construction Worker Arraigned for Workers’ Comp Fraud
Meliton Hernandez Martinez Jr., 23, was arraigned today at the Merced County Superior Court in California on multiple felony counts of insurance fraud and a misdemeanor count of filing a false police report, after allegedly instigating a physical altercation resulting …
POSTED AUGUST 11, 2020 8:46 PM |
Idaho Man Sentenced for ‘Crash And Buy’ Insurance Fraud
Riley Presher, of Twin Falls, Idaho, was sentenced on Monday for insurance fraud in violation of Idaho Code 41-293. Presher on Dec. 15, 2017, purchased insurance and filed a claim for an accident he stated occurred that same day. When …
POSTED AUGUST 11, 2020 8:42 PM |
Ralph Lauren Suit Alleges Fraud by Insurer Refusing to Cover Coronavirus Losses
Fashion firm Ralph Lauren Corp. is suing its insurer to recoup what it says has been a huge drop of two-thirds of its revenues in the first quarter alone due to the pandemic. Ralph Lauren Corp. (RLC) maintains that Factory …
POSTED AUGUST 11, 2020 7:25 PM |
Texas to Add New Fee to Insurance Form Filings Starting in September
There will be an additional $20.50 fee on insurance form filings beginning Sept. 1 in Texas, the state insurance department has reported. The Texas Department of Insurance said fee will support a technology project that uses artificial intelligence and increased …
POSTED AUGUST 11, 2020 4:53 PM |
COVID-19 a Growing Share of Shrinking Work Comp Claims in 2 States
COVID-19 has become a large chunk of a dwindling number of workers’ compensation claims in Florida and California, limited data shows. The number of COVID-19 workers’ compensation claims reported in California more than quadrupled to 22,621 since the last data …
POSTED AUGUST 11, 2020 4:49 PM |
Texas Windstorm Insurance Company: No Rate Change for Now
The board of directors of Texas’ property insurer last resort for wind and hail in the state’s coastal counties has voted to file a 0% rate change with the Texas Department of Insurance The Texas Windstorm Insurance Association is required …
POSTED AUGUST 11, 2020 4:46 PM |
DoubleTree Hotel in Missouri to Pay $45K to Settle Sexual Harassment Lawsuit
The DoubleTree Hotel in Jefferson City, Mo., will pay $45,000 and furnish other relief to settle a sexual harassment lawsuit filed, federal employment officials say. According to a lawsuit filed by the U.S. Equal Employment Opportunity Commission (EEOC), an operator …
POSTED AUGUST 11, 2020 4:38 PM |
Leading Proxy Advisory Firms Recommend Shareholders Approve Aon, WTW Merger
Aon plc and Willis Towers Watson announced that two leading proxy advisory firms have recommended that shareholders vote in favor of the companies’ proposed combination. Institutional Shareholder Services Inc. (ISS) said the strategic rationale of the merger is sound. AON …
POSTED AUGUST 11, 2020 4:36 PM |
Alera Group Acquires Alper Services in Illinois
Deerfield, Illinois-based Alera Group, a national employee benefits, property casualty, retirement services and wealth management firm, has acquired Alper Services LLC in Chicago. The acquisition was effective Aug.1. Founded in 1966 and led by CEO Leslie Morse, Alper Services focuses …
POSTED AUGUST 11, 2020 4:29 PM |
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