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

Settlement Deal Between California Commissioner and Applied Underwriters

California Insurance Commissioner Dave Jones announced today that the California Department of Insurance has reached a settlement agreement with Berkshire Hathaway subsidiaries to stop what he calls “bait and switch marketing tactics” used to sell a workers’ compensation insurance products. …

InterWest in California Names Hoffman Marketing and Promotions Agent

Sacramento, Calif.-based InterWest Insurance Services, LLC has named Kurt Hoffmann a marketing and promotions agent. Hoffmann’s responsibilities include business development, project management, community engagement and supporting growth initiatives. He has more than 20 years of sales and marketing experience. He …

California Division of Workers’ Comp Suspends Psychiatrist for Fraud

California’s Division of Workers’ Compensation has suspended Pasadena psychiatrist Jason Hui-Tek Yang from participating in the state’s workers’ comp system following his conviction in Riverside County Superior Court for his involvement in an insurance fraud conspiracy that referred patients for …

Texas Workers’ Comp Division Improves Readability of Letters to Injured Workers

The Texas Division of Workers’ Compensation announced it has modified form letters it sends to injured employees, making them easier to read. The DWC said a group of experts from across the agency looked at ways to meet legal requirements …

QBE, Arrowhead Partner on Small Commercial Insurance Program

Arrowhead General Insurance Agency has been selected as the program administrator for QBE North America’s small commercial insurance portfolio, consisting of property and casualty business accounts under $100,000 in premium. Effective July 1, agents will have access to a broader …

Kentucky Food Distributor Recalls More Than 22K Pounds of Beef

The U.S. Department of Agriculture says a Kentucky-based food distributor has issued a recall on more than 22,000 pounds of ground beef and other beef products due to possible E. coli bacteria contamination. USDA’s Food Safety and Inspection Service says …

Canada’s Economical Simplifies Business Structure as It Gets Ready to Go Public

Waterloo, Ontario-based Economical Insurance is moving to a simpler legal entity structure as it continues its journey to become a public company. Currently, Assurance Economical in Quebec is underwritten by The Missisquoi Insurance Co.; Economical Select group car and home …

W.R. Berkley Environmental and Entertainment/Sports Split to Run as Independent Units

W. R. Berkley Corp. has announced the formation of two independent operating units, Berkley Entertainment & Sports and Berkley Environmental. These units, which previously comprised Berkley Specialty Underwriting Managers, will now operate as independent businesses. “Establishing them as independent operating …

Aon’s Purdy Moves to JLT Specialty USA as Senior VP

Insurance broker and consultant JLT Specialty USA has appointed Mark Purdy as senior vice president. Purdy will be based in Houston, where his primary focus will be to help JLT’s clients improve their overall claims platform and develop post loss …

Trump Labor Department Nixes Obama’s ‘Joint Employer’ Standard

The U.S. Labor Department on Wednesday said it was rescinding the Obama administration’s standard for determining when companies are “joint employers” of contract and franchise workers, in the agency’s first major shift in labor policy under President Donald Trump. The …