July 6, 2020
Washington Insurance Commissioner Mike Kreidler is calling on the insurance industry to end its use of credit scoring in auto, property, renters and life insurance, citing the economic impact of the COVID-19 pandemic and the calls to end institutional racial …
July 6, 2020
A 48-year-old man hospitalized since December after being injured in a downtown Las Vegas apartment fire that killed six people is the latest person to sue the building’s owner and others for negligence. Christian Spangler suffered “significant and severe” burns …
July 6, 2020
Florida’s state-run Citizens Property Insurance Corp. has joined a chorus of insurance companies accusing the Strems Law Firm of lawsuit abuse. Citizens says it has lost millions of dollars due to an alleged scheme of “sham” claims by the law …
July 6, 2020
The amount of surplus lines premium reported in Texas continued its upward swing in May, coming in at nearly $100 million higher than reported in the same month last year, according to the Surplus Lines Stamping Office of Texas (SLTX). …
July 6, 2020
A Houston pharmacist has been sentenced to 10 years in prison in a $21 million workers’ compensation fraud case. George Philip Tompkins, 75, the self-proclaimed “Compound King” and former owner of Piney Point Pharmacy, and his wife, Marene Kathryn Tompkins, …
July 6, 2020
Coronavirus lockdowns led to reductions in traffic and fewer car crashes this spring, but as drivers sped up on quieter roads, the collisions became deadlier in several cities, a Reuters analysis shows. In New York City, the ratio of fatal …
July 6, 2020
Auto Physical Damage for Trucking Market Detail: Transportation Insurance Experts (www.tiexperts.com) has a new insurance offering to the trucking industry. Targeting auto physical damage targeting risks $1 million TIV and above for clean to average performing risks. Admitted paper available …
July 6, 2020
According to the IBM “Cost of a Data Breach Report, 2019”, business interruption (BI) represents 36% of the cost of a cyber breach, averaging a whopping $1.42 million per breach. The report states that, for the last four years, lost …
July 6, 2020
At Risk “Workers servicing or maintaining machines are at risk of serious injury, including amputations, if hazardous energy is not properly controlled.” — OSHA Marlton Area Office Director Paula Dixon-Roderick said in a U.S. Department of Labor press release announcing …
July 6, 2020
This morning, I wrote an article for the CPCU CLEW (Coverage, Litigators, Educators & Witnesses) Interest Group called “On Becoming an Insurance Coverage Nerd.” This afternoon, in this column, I get to demonstrate one of the values of being a …