January 29, 2020
Long Insurance Services, LLC.
Wed, 29 Jan 2020 14:36:39 +0000
If passed, proposed legislation would have Oklahoma joining the growing number of states backing away from using Pharmacy Benefit Managers (PBMs) to administer prescription-drug programs. Sen. Paul Scott, R-Duncan, has filed Senate Bill 1901 to replace...
Wed, 29 Jan 2020 14:31:32 +0000
HHDP Security, a Houston-based security company, has been convicted of premium fraud and ordered by a Travis County District Court judge to pay $51,131 in restitution, the Texas Department of Insurance, Division of Workers’ Compensation reported. Regul...
Wed, 29 Jan 2020 14:24:23 +0000
State and local governments have been leading the legal fight against the opioid industry, seeking payouts to help them deal with the fallout from the nation’s addiction crisis. Average Americans are about to get their shot. Last Friday, the federal …
Wed, 29 Jan 2020 13:59:55 +0000
Randy Fricke has joined AAdvantage Insurance Group in Glen Carbon, Ill., as a sales agent, responsible for generating prospects, developing new relationships, handling existing accounts, and creating custom insurance plans to meet the specific needs of...
Wed, 29 Jan 2020 13:30:37 +0000
OxyContin maker Purdue Pharma LP is the unnamed company that surfaced in criminal charging documents filed earlier this week in a probe of illegal kickbacks from drugmakers, according to people familiar with the matter. Purdue Pharma, which faces U.S. ...
Wed, 29 Jan 2020 12:54:27 +0000
A jury should determine whether Uber ought to be held responsible for a passenger’s injuries, a federal judge in Rhode Island ruled. A U.S. District Court judge concluded Jan. 16 that jurors should determine whether driver Claudette Issa is considered …
Wed, 29 Jan 2020 12:49:01 +0000
A conservation group announced Monday that it’s preparing to sue the Environmental Protection Agency for failing to enforce the Clean Water Act relating to pollution limits for the Chesapeake Bay. The Chesapeake Bay Foundation announced it is preparing...
Wed, 29 Jan 2020 12:40:52 +0000
The Hilb Group LLC (THG) has acquired Group Brokerage Insurance Agency LLC (GBIA). The transaction became effective January 1, 2020. Located in Waltham, Mass., GBIA is an employee benefits agency primarily providing group medical, dental, life, short a...
Wed, 29 Jan 2020 12:15:49 +0000
Many global companies from hotels and airlines to industrial houses are expected to have to foot the bill for disruptions caused by a new coronavirus in China, with epidemics usually excluded from insurance cover, experts said. With 132 deaths in …
Wed, 29 Jan 2020 12:11:22 +0000
Risk Strategies, a Boston, Mass.-based, privately held national insurance brokerage and risk management firm, has acquired Weaver Brothers Insurance Inc., a full-service brokerage based in Bethesda, Md. Terms of the deal were not announced. Founded in ...
Wed, 29 Jan 2020 08:04:47 +0000
Starbucks Corp. has closed more than half of its coffee shops in mainland China — about 2,000 of them — and Toyota Motor Corp. is halting production in the country, as global corporations grapple with a SARS-like coronavirus that has …
Wed, 29 Jan 2020 07:30:41 +0000
Travelex’s UK international money transfer service and wire offering is fully operational again, it said on Tuesday, almost a month after a crippling ransomware attack forced staff to use pen and paper to calculate foreign currency exchanges. The cyber...
Wed, 29 Jan 2020 07:25:21 +0000
Firms involved in building work on London tower bloc that caught fire have sidestepped any responsibility for the 2017 tragedy that killed 72 people, a lawyer for the inquiry said. As the second phase of an inquiry into the Grenfell …
Wed, 29 Jan 2020 07:00:37 +0000
Canberra, Australia’s capital that’s surrounded by bush, is facing its worst wildfire threat in 17 years as a blaze sparked by a military helicopter approaches the city amid heatwave conditions. Residents in Canberra’s southern suburbs should be vigila...
Wed, 29 Jan 2020 07:00:28 +0000
Industry transformations occur when the pain of staying the same is suddenly greater than the pain of changing, according to Karen White, CEO of RMS. “The second thing that has got to be present for those transformations to occur is …
Wed, 29 Jan 2020 06:49:51 +0000
A massive fire that killed at least eight people and destroyed dozens of boats in an Alabama marina early Monday was spread so rapidly by the wind that “we didn’t have time to do nothing,” said one resident who survived …
Wed, 29 Jan 2020 06:41:52 +0000
A major earthquake struck south of Cuba on Tuesday, sending shockwaves as far as Miami and sparking panic in the Cayman Islands where it ripped open sinkholes, but did not do serious damage to people or property, initial reports said. …
Wed, 29 Jan 2020 06:28:29 +0000
Officials in North Dakota say it’s time for property owners in flood-prone areas of the Red River Valley to think about buying flood insurance. The push comes as early signs suggest a heightened risk of flooding this spring. The Red …
Wed, 29 Jan 2020 06:17:42 +0000
An Ohio state lawmaker has introduced legislation requiring all major and minor league baseball teams in the state to install protective netting from foul pole to foul pole. State Rep. John Patterson introduced his bill in response to concern from …
Wed, 29 Jan 2020 06:00:52 +0000
R&Q is pleased to announce it has acquired the Montana captive insurer, Vigneron Insurance Company Inc. from a wholly owned private investment holding company. Terms of the deal were not disclosed. VICI underwrote deductible reimbursement policies to c...
Wed, 29 Jan 2020 06:00:44 +0000
Representative Jan Schakowsky has asked her staff to examine changes to a liability shield that protects tech platforms such as Facebook Inc. from lawsuits because of her concerns about how fake information could be used in the 2020 presidential electi...
Wed, 29 Jan 2020 06:00:38 +0000
Sacramento, Calif.-based Bender Insurance Solutions has promoted Jeffrey Wood to vice president of personal lines. Wood will continue to expand the sales and service offerings of the personal lines department, and provide expert personal insurance advi...
Wed, 29 Jan 2020 06:00:25 +0000
Specialist insurer Beazley has appointed Justin Sanches as an underwriter within the U.S. healthcare liability team. Sanches joins Beazley’s Los Angeles, Calif., office to underwrite a range of global miscellaneous medical and life sciences risks for m...
Wed, 29 Jan 2020 05:58:09 +0000
A former Tennessee insurance agent facing more than 70 counts of insurance fraud has reached a settlement with the Tennessee Department of Commerce & Insurance (TDCI) barring her from practicing insurance activities in the state and requiring payment o...
Wed, 29 Jan 2020 05:37:48 +0000
Arthur J. Gallagher & Co. has aquired Wilmington, N.C.-based Hanover Excess & Surplus, Inc. Terms of the transaction were not disclosed. Established in 1970, Hanover Excess & Surplus is a regional managing general agency offering hard-to-place coastal ...
Wed, 29 Jan 2020 05:26:33 +0000
Everest Insurance has joined with digital broker Embroker to provide an online lawyers’ professional liability program for law firms with up to 10 employed attorneys. Through Embroker’s digitized platform, Everest’s Lawyers’ Professional Liability poli...
Wed, 29 Jan 2020 01:14:06 +0000
Google’s chief executive officer has left no doubt about how important he thinks artificial intelligence will be to humanity. “AI is one of the most profound things we’re working on as humanity. It’s more profound than fire or electricity,” Alphabet …
Tue, 28 Jan 2020 22:06:30 +0000
The American Property Casualty Insurance Association testified today in opposition to draft regulations they say could eliminate many affinity group insurance discount programs during a pre-notice workshop held by the California Department of Insurance...
Tue, 28 Jan 2020 21:57:36 +0000
A pair of California men have been charged with multiple felonies in a reported $20 million kickback scheme involving worker’s compensation. Bradley Dean Groscost, 59, of Westminster, and Felix Koltsov, 57, of Beverly Hills, self-surrendered last week ...
Tue, 28 Jan 2020 21:46:40 +0000
A powerful magnitude 7.7 earthquake struck in the sea in the western Caribbean on Tuesday, sending workers into the streets and triggering evacuations as buildings shook across the Cayman Islands, in Jamaica, and in downtown Miami. The epicenter of the …