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Fannie and Freddie Hit Pause on Replacement-Value Requirements for Home Insurance

Property insurance groups on Wednesday applauded a decision by Fannie Mae and Freddie Mac to hold off on an apparent plan to scrutinize mortgages on homes that don’t carry full replacement-value insurance coverage. The decision by Fannie and Freddie to …

Safety Lapses Contributed to Patient Assaults at Oregon State Hospital: Federal Report

Safety lapses at the Oregon State Hospital contributed to recent patient-on-patient assaults, a federal report on the state’s most secure inpatient psychiatric facility has found. The investigation by the Centers for Medicare and Medicaid Services found that staff didn’t always …

Judge Dismisses Suit by Mother Who Claimed School Hid Teen’s Gender Expression

A federal judge dismissed a lawsuit brought by a Maine woman who accused school officials of encouraging her teen’s gender expression by providing a chest binder and using a new name and pronouns, without consulting parents. U.S. District Judge Jon …

Report: California Workers’ Comp Written Premium Increased 2% in 2023

Written premium in calendar year 2023 was 2% higher than the prior year, driven by continued economic expansion, but partially offset by continued rate decreases, a new report shows. The Workers’ Compensation Insurance Rating Bureau of California on Wednesday released …

People Moves: Roberts Joins LP Insurance in California; AMERIND Names Sattler CFO

Roberts Joins LP Insurance Services Employee Benefits Brokerage Team Lynn Roberts joined the employee benefits group in the Gold River, California, office of LP Insurance Services LLC. Roberts has over 30 years of industry experience and most recently worked as …

Vendor That Mishandled Pennsylvania Virus Data to Pay $2.7M in Whistleblower Case

A large staffing firm that performed COVID-19 contact tracing for Pennsylvania and exposed the private medical information of about 72,000 residents will pay $2.7 million in a settlement with the Justice Department and a company whistleblower, federal prosecutors announced Wednesday. …

Nevada Launches Home Insurance Tool to ID Carriers by ZIP

The Nevada Division of Insurance is launching a web-based tool that enables Nevada consumers to identify insurance carriers that are currently accepting home insurance applications by specific ZIP code. The NVDOI said its tool is a recognition that personal home …

COVID-19 Can Be Occupational Disease, Colorado Court Says in Worker Death Case

For the first time, a Colorado appellate court has concluded that COVID-19 can be an occupational disease that is compensable under the state’s Workers’ Compensation Act. The Colorado Court of Appeals ruling came in a case in which Life Care …

Construction Site Fatalities Down, Injuries Up in New York City

Building construction-related fatalities in the five boroughs of New York City are at the lowest number in nearly a decade, with seven deaths in 2023 as compared to a high of 14 in 2019. While fatalities are down, the annual …

Hub Acquires Michigan’s True North Group

Hub International Limited announced the acquisition of the assets of True North Group Insurance Services, LLC (True North Group). Terms of the transaction were not disclosed. Located in Howell, Michigan, True North Group is an independent insurance agency that focuses …

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