Monthly Archives: <span>June 2017</span>

Trump Reverses Obama Stand, Supports Employers Requiring Class Action Waivers

The Trump administration on Friday sided with employers in a Supreme Court case over the rights of workers to bring class action lawsuits against companies, court documents showed. Reversing a position staked out earlier by the Obama administration, which backed …

Florida City Employee Steals $93K for Butt Lift, Personal Bills

A Florida city says a former employee stole money to get a butt lift. A Gainesville city report released Wednesday said Natwaina Clark stole $93,000 from the city, using $8,500 on the cosmetic surgery. The Gainesville Sun said the report …

2% Rate Hike Approved for North Carolina Auto Insurers

North Carolina’s insurance regulator says he’s reached a deal with auto insurers for a premium increase of just over 2 percent instead of the nearly 14 percent average increase companies sought in February. The state Insurance Department said Thursday the …

Orchid Underwriters Expands Commercial Lines into Alabama, Mississippi

Orchid Underwriters Agency, LLC, a specialty underwriter of catastrophic coastal insurance, announced that it expanded its Commercial Lines business to two new states, Alabama and Mississippi. The two new states join New Jersey, North Carolina, South Carolina, Florida, Louisiana and …

Texas Windstorm Insurer: Finances Sound at Start of Hurricane Season

The Texas Windstorm Insurance Association (TWIA) says it is financially sound and ready for the 2017 hurricane season after once again securing $4.9 billion in total funding. TWIA is the insurance carrier of last resort for wind and hail policies …

Louisiana Tightens Rules to Prevent ‘Doctor Shopping’ for Opioid Drugs

Louisiana lawmakers have ordered physicians to consult a statewide prescription monitoring program before prescribing opioid drugs. The Senate approved minor changes the House had made to Sen. Fred Mills’ bill and sent the legislation to Gov. John Bel Edwards. Edwards …

NICB Confirms Texas Tops in Hail Damage Claims

It’s no secret that Texas yearly suffers from an onslaught of all kinds of weather, particularly hailstorms. And from 2014 through 2016 the state topped the list for the number of insurance claims for hail damage, according to The National …

Texas Ridesharing Bill Signed into Law

A bill that preempts local regulations for ridesharing companies in Texas and replaces them with statewide standards has been signed by Gov. Greg Abbott. HB 100, sponsored in the Senate by Georgetown Sen. Charles Schwertner, sets statewide operating standards, including …

Fake Arkansas Insurance Broker Sentenced to 5 Years in Prison

An Arkansas man who pretended to be an insurance broker and collected more than $1 million selling fake policies in three states has been sentenced to more than five years in prison, the Arkansas Insurance Department announced. Arkansas Insurance Commissioner …

Texas Attorney Indicted in Hail Claims Insurance Fraud Case

A Texas attorney on June 5 was issued a 16-count indictment on charges of organized criminal activity, legal misconduct and insurance fraud related to hail claims, according to the Texas Department of Insurance. R. Kent Livesay, an attorney with offices …