Yearly Archives: <span>2018</span>

Texas Attorney Sentenced for Insurance Fraud Involving Hail Claims

A former Texas attorney is headed to prison on charges of insurance fraud and barratry for a scheme involving fraudulent lawsuits filed after hail storms, the state insurance department announced. A Tarrant County judge today sentenced R. Kent Livesay to …

Vehicles Damaged, Destroyed by Storms in Southwestern Oklahoma

Emergency management officials say more than a dozen recreational vehicles and campers were overturned by winds as strong storms moved across southwestern Oklahoma. Comanche County Emergency Management spokeswoman Ashleigh Hensch says 13 vehicles were overturned and several were destroyed shortly …

BNSF Looks to Resume Service in Iowa After Derailment

BNSF Railway Co. on Monday said it could resume service Tuesday on a stretch of northwestern Iowa track damaged when a train left the track and crude oil spilled from derailed cars. The crude oil train derailed near Doon, Iowa, …

Washington County Settles Sexual Harassment Suit for $350K

A Washington county agreed to pay $350,000 to settle a sexual harassment lawsuit brought by two women who accused a male supervisor at the human services department of unwanted hugging, kissing and comments. The Daily Herald reports the total combined …

Northern California Wildfires Flare up in Heat, High Winds

Thousands fled their homes as major wildfires encroached on a charred area of Northern California still recovering from severe blazes in recent years, sparking concern the state may be in for another destructive series of wildfires this summer. California officials …

Vermont School District Says $50K Stolen Electronically

A Vermont school district says $50,000 was stolen electronically from one of its bank accounts. Cindy Brownell, the board chair of the Pownal Elementary School District, says officials believe the theft occurred from outside the country, but they don’t know …

State Farm to Cut Auto Rates in Penn.

State Farm Mutual Automobile Insurance Company plans to cut its rates in Pennsylvania. The total state-wide expected impact of this rate change for State Farm Mutual in Pennsylvania is approximately $49.5 million, set to affect approximately 1.7 million policyholders. As …

Rhode Island General Assembly Passes Auto Body Shop Bill

The Rhode Island General Assembly has passed H-8013/S-2679, which aims to effectively ban the use of aftermarket parts in the repair of vehicles. The bill is now awaiting Rhode Island Governor Gina Raimondo’s action. If signed, the legislation provides that …

International Underwriting Association Publishes Brexit Contract Continuity Clause

A Brexit clause has been published by the International Underwriting Association (IUA) to help companies manage insurance contracts as the UK leaves the European Union. The Brexit Contract Continuation Clause aims to clarify how firms will continue to pay claims …

Old Mutual Finishes Restructuring to Focus on S. African Market

South Africa’s prodigal insurer returned home to a lukewarm welcome on Tuesday. Old Mutual Ltd. started trading its stock in Johannesburg at 28.50 rand before swinging between 28.20 rand and 29.39 rand. The listing — done in conjunction with others …