September 10, 2018
An annual progress report from the California Department of Workers’ Compensation’s Independent Medical Review program shows it’s working as intended. IMR is a medical dispute resolution process that uses medical expertise to obtain consistent, evidence-based decisions and is a component …
September 10, 2018
Washington Insurance Commissioner Mike Kreidler issued fines in July totaling $115,050 against insurance companies, agents and brokers for reported violations of state insurance regulations. The alleged violators and their reported violations include: Agents and brokers T-Mobile USA Inc., Bellevue; fined …
September 10, 2018
The California Labor Commissioner’s Office has cited six Los Angeles area garment contractors $573,704 for labor law violations after uncovering a scheme where the contractors illegally operated under one license to avoid compliance. Four of the contractors did not have …
September 10, 2018
Officials said that a dam is breaching on the edge of Mississippi’s Delta region after heavy rains during Tropical Storm Gordon. The National Weather Service issued a flood warning for parts of Carroll County downstream from Murdock Lake, where water …
September 10, 2018
A large hole has opened between two homes in a gated community in Florida. Pasco County officials said in an email sent Sept. 5 that about half of the hole – which is 40-feet (12-meters) across and 20-feet (6-meters) deep …
September 10, 2018
Heritage Insurance Holdings, Inc., a Florida-based property and casualty insurance holding company, has added Arash Soleimani to its management team as an executive vice president and director of Investor Relations. Soleimani was previously a sell-side analyst for nine years at …
September 10, 2018
The North Carolina Department of Insurance announced multiple fraud enforcement actions during the month of August. Insurance fraud costs American consumers approximately $80 billion dollars a year. According to North Carolina Insurance Commissioner Mike Causey, fraud costs North Carolinians between …
September 9, 2018
Catastrophe risk modeling firm AIR Worldwide estimates that industry insured losses from Typhoo Jebi, which made landfall in Japan on Tuesday, Sept. 4, will be between $2.3 billion (JPY 257 billion) and $4.5 billion (JPY 502 billion). Typhoon Jebi, which …
September 9, 2018
Updated Monday, Sept 10, 8:17 am —Top winds for Hurricane Florence grew to 105 miles (169 kilometers) per hour as it pushed westward toward the U.S. East Coast, a major threat to homes, agriculture and the waning tourist season. The …
September 9, 2018
As I watch the daily tracking of Hurricane Florence and anticipate its potential destruction, I am compelled to revisit this June blog post and share it with you once again. In the words of Peter Criss, “I can’t stop the …