Yearly Archives: <span>2017</span>

California Commissioner Launches Investigation into Wells Fargo

California Commissioner Dave Jones has ordered an investigation into recent allegations that Wells Fargo and National General Insurance improperly charged consumers for “force-placed” auto insurance for consumers who had auto loans with Wells Fargo. Wells Fargo in a July news …

Is Colorado’s Pet Sitting Law Another Insurance Quagmire Waiting to Unfold?

If it barks like a dog… A new Colorado law that enables people to sit up to three pets without needing a license looks pretty much like just another piece of the growing gig economy. People can sell their services …

South Dakota ‘Pink Slime’ Defamation Suit Cost ABC Network $177M

Walt Disney Co. paid $177 million, in addition to insurance recoveries, to settle the closely watched “pink slime” defamation case against its ABC network by South Dakota-based Beef Products Inc. (BPI), a quarterly financial report shows. Privately-held BPI sued American …

Award in Wisconsin Farmer’s Stray Voltage Case Could Go as High as $13.5M

A western Wisconsin farmer could be awarded up to $13.5 million after winning a five-year legal battle against an electric services company over stray voltage. Paul Halderson told the La Crosse Tribune that his dairy farm herd of nearly 1,000 …

Fire in Illinois Garage Destroys Classic Cars Worth Millions

Dozens of antique vehicles were destroyed when a fire swept through a garage outside the southern Illinois community of Staunton. Staunton Fire Protection District Chief Rick Haase says about a third of the building that served as Country Classic Cars’ …

Insurance Department Outlines North Dakota Insurance Legislation

North Dakota Insurance Commissioner Jon Godfread said that since taking office at the beginning of this year he has focused on ensuring the agency he runs is available and responsive to insurance consumers, producers and companies alike. As part of …

People – Midwest

Southfield, Michigan-based Meadowbrook Insurance Group Inc. has promoted Fred Browning to chief underwriting officer. Browning, who most recently served as senior vice president of Admitted Carrier Operations, will now lead Meadowbrook’s corporate underwriting functions and will report to Nathan Voorhis, …

Health Insurers Will Get August Obamacare Payments Trump Threatened to End

The government will make this month’s payments to insurers under the Obama-era health care law that President Donald Trump still wants to repeal and replace, a White House official said Wednesday. Trump has repeatedly threatened to end the payments, which …

Increase in California Workers’ Comp Pure Premium Sent to Department of Insurance

The Workers’ Compensation Insurance Rating Bureau has submitted its Jan. 1, 2018 pure premium rate filing to the California Department of Insurance proposing advisory pure premium rates that average $2.01 per $100 of payroll. That WCIRB’S proposed rate is 14.3 …

Georgia Fines Company Behind Deadly Leak at Sperm Bank $302K

A deadly February 2017 industrial gas leak at a sperm bank in Augusta, Ga. was caused by the over-pressurization of a bulk storage tank, according to findings from an investigation by state inspectors released Thursday by Insurance and Safety Fire …