Monthly Archives: <span>November 2016</span>

Wells Fargo Banks on Arbitration to Settle Fake Account Claims

Wells Fargo & Co. is trying to keep dozens of customers suing over bogus accounts opened by its employees out of court, saying they agreed to resolve any disputes in arbitration when they began doing business with the bank. The …

Allstate to Pay $1.4 Billion for SquareTrade, Seller of Warranties for Mobile Devices, Appliances

The Allstate Corp. agreed to acquire SquareTrade, a consumer electronics and appliance protection plan provider that distributes through many of America’s major retailers. Allstate said it will acquire the privately-held company for approximately $1.4 billion from a group of shareholders, …

California Fines Online Benefits Firm Zenefits $7M Over Unlicensed Employees

California Insurance Commissioner Dave Jones today levied $7 million in penalties against online benefits broker Zenefits for multiple license violations. Zenefits was charged with allowing unlicensed employees to transact insurance and circumventing insurance agent education requirements. This is the largest …

South Dakota Limiting Release of Vehicle Crash Reports

South Dakota law enforcement authorities are no longer releasing vehicle crash information because doing so could violate a constitutional amendment approved by voters this month. The state’s Department of Public Safety suspended access to an online crash report database after …

Proposed Iowa Public Employees Contract Gives State more Control over Insurance

A contract Iowa has proposed for its largest public employees union includes no wage increase and removes health insurance provisions, a sign that changes could be on the horizon for collective bargaining laws when the new Republican-majority Legislature returns next …

Earthquakes with Magnitudes of 3.4 and 4.3 Recorded in North-Central Oklahoma

The U.S. Geological Survey on Sunday recorded a magnitude 3.4 earthquake in north-central Oklahoma just two days after a 4.3 magnitude temblor struck in the same area. The 3.4 magnitude quake was recorded at 8:34 a.m. on Nov. 27 seven …

Survivor of Deadly Texas Train Wreck Sues BNSF Railway

The lone survivor of a head-on crash between two freight trains in the Texas Panhandle has filed a lawsuit seeking more than $1 million in damages. The Amarillo Globe-News reported that Derek Schilling filed the lawsuit last week in Tarrant …

Nebraska County to Challenge Insurers Over Coverage for $28M Lawsuit

Nebraska’s Gage County will challenge its insurers’ decision not to cover it for a $28.1 million judgment awarded to six people who were wrongfully convicted of murder. KWBE reports that the county board approved hiring a law firm to fight …

Gov. Edwards Rehires Louisiana Insurance Program CEO Ousted by Jindal

The office that oversees Louisiana’s health insurance program for state workers and retirees is getting a new leader — and he’s a familiar face for the agency. Tommy Teague will again work as chief executive officer of the Office of …

Lawmaker in Montana Files Wrongful Discharge Lawsuit against His Company

A Republican state lawmaker has filed a wrongful discharge lawsuit alleging his refusal to support certain bills during the 2015 Legislature got him fired from a sales job he’d held for more than 15 years. Rep. Randy Pinocci’s Nov. 14 …