Monthly Archives: <span>December 2021</span>

12 Hiring and Recruiting Ideas for Insurance Organizations

For my last column of 2021 I’m mixing seasonal flavor (cue the 12 Days of Christmas song) with the idea behind Insurance Journal’s annual list of 101 Sales, Marketing and Agency Management Ideas. While mine isn’t as extensive as theirs …

California Man Arraigned on 14 Counts of Insurance Fraud in ‘Paper Collision’ Scheme

Farrukh Hussain, 37, of Eastvale, California, was arraigned on 14 felony counts of insurance fraud after allegedly stealing consumers’ identities to file 14 fraudulent insurance claims with six different insurance companies using a “paper collision” scheme – meaning most of …

Arthur J. Gallagher to Pay $40K to Settle Colorado Religious Discrimination Suit

Arthur J. Gallagher & Co. will pay $40,000 to settle an employment discrimination lawsuit brought by the U.S. Equal Employment Opportunity Commission. The EEOC charged that Arthur J. Gallagher violated federal anti-discrimination laws when it fired a client underwriting associate …

New Texas Blackout Rules Won’t Go Into Effect This Winter

Regulators of Texas’ oil and gas industry that buckled during February’s deadly freeze moved Nov. 30 toward making some producers more prepared for cold weather, but not in time for this winter as the nation’s power grid monitor warned the …

Louisiana Insurers Face $100 Million Fee after Ida-Related Insolvencies

Louisiana property and casualty insurers will be assessed $100 million to cover the cost of two regional insurance companies facing insolvency due to losses from Hurricane Ida. The Louisiana Insurance Guaranty Association board voted Nov. 30 to assess admitted insurers …

Louisiana Braces for Higher Flood Insurance Costs

In the past year, the southwestern Louisiana city of Lake Charles weathered two hurricanes, intense rainfall that sent water gushing down streets and a deep freeze that burst pipes. Yet Tommy Eastman may eventually drop coverage on his four-bedroom home, …

Court OKs Biden Covid Vaccine Mandate for Employers; Supreme Court Appeal Likely

A federal appeals court panel on Friday allowed President Joe Biden’s COVID-19 vaccine mandate for larger private employers to move ahead, reversing a previous decision on a requirement that could affect some 84 million U.S workers. The 2-1 decision by …

Update: After Latest Court Ruling, Must Employers Follow Biden’s Vaccine Mandates?

Tens of millions of workers across the U.S. are in limbo as federal courts have issued different rulings related to President Joe Biden’s COVID-19 vaccine mandates for larger private companies, certain health care workers and federal government contractors. A federal …

OSHA Sets Dates for Vaccine Mandate Penalties

The Occupational Health and Safety Administration said Saturday that it would not issue citations tied to its coronavirus vaccination mandate before Jan. 10, so that companies have time to adjust to and implement the requirements. The federal agency separately said …

Amid COVID, Insurance Regulation Remains Profitable

This post is part of an Insurance Journal blog presenting the work and viewpoints of The International Center for Law & Economics. The COVID-19 pandemic hit state budgets particularly hard in 2020, with a $24.11 billion drop in tax revenue …