Monthly Archives: <span>April 2025</span>

Navion Acquires P/C Business of Instasure in California

Navion insurance Associates Inc. acquired the property/casualty book of business from Instasure in California. Instasure is an insurance agency that specializes in serving the commercial insurance needs of clients. Navion Insurance Associates is based in Yorba Linda, California. It is …

New York’s Delayed Retail Worker Safety Act Goes into Effect June 2

Originally set to go into effect Jan. 31, New York’s new law offers workers more protections against workplace violence and harassment. The Retail Worker Safety Act (S. 8358B/A. 8947C), signed by Gov. Kathy Hochul (D) on Sept. 4, 2024, requires …

FDA Suspends Food Safety Quality Checks After Staff Cuts

The Food and Drug Administration is suspending a quality control program for its food testing laboratories as a result of staff cuts at the Department of Health and Human Services, according to an internal email seen by Reuters. The proficiency …

Delivery Company Must Repay $2M for Workers’ Comp Scheme

A Los Angeles, California, couple was sentenced after an investigation reportedly found they underreported more than $21 million in employee payroll for their delivery companies. John Nemandoust, 70, was sentenced to 60 days in county jail, and Annette Assil, 62, …

California Plumbing Contractor Ordered to Pay $1M for Workers’ Comp Fraud

A plumbing contractor has been ordered to pay $1 million in restitution to the State Compensation Insurance Fund as part of a workers’ comp fraud prosecution. Daniela G. Birdwell, 41, owner of GPS Plumbing, pleaded guilty to one count of …

Dueling Regulators: Florida OIR Slams DFS in Effort to Combine Agency Insurance Oversight. DFS Pushed Back.

In a March memo to lawmakers, Florida’s Office of Insurance Regulation sharply criticized the state’s rather unique two-agency insurance regulatory structure, arguing that the Department of Financial Services has dropped the ball on consumer complaints, investigations and insurer affiliate companies. …

People & Places

National Tobias “Toby” Cushing, previously casualty technical director at Zurich North America, has been appointed to the newly created role of deputy chief underwriting officer. He is responsible for supporting Zurich North America’s underwriters across all lines of business, including …

Supreme Court: Truck Driver Can Seek Treble Damages Over THC in CBD Product

The Supreme Court on April 2 sided with a truck driver who wants to sue for triple damages over a CBD hemp product he said was falsely advertised as being free from marijuana’s active ingredient and resulted in him getting …

Perpetuation Planning – Part One

Perpetuation planning should begin long before owners want to retire. The four major techniques to transfer ownership of a business are: Internal sale to key employees, including family members. Sale of the business to an outside firm. Merging with another …

3 Emerging Risks to Watch: 6G Wireless Technology, Autonomous Trucks, Kratom

It seemed not so long ago that many wireless carriers were in a race to 5G, touting the speed of their networks to consumers. Now, the successor to that network is in development and could bring a bounty of potential …