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Two Iowa Men Sentenced in Workers’ Comp Fraud Scheme

Two Iowa men were sentenced this month in connection with workers’ compensation fraud. Trey Wysocki, age 40, of New Virginia was sentenced on March 11, 2024, after pleading guilty to one count of Insurance Fraud – Presenting False Information (Class …

Canada’s Desjardins Acquires Insurance Company of Prince Edward Island

Canada-based Desjardins, through its subsidiary Desjardins General Insurance Group Inc., and ICPEI Holdings Inc. announced they have entered into definitive agreements for Desjardins to indirectly acquire all of ICPEI’s issued and outstanding shares. ICPEI Holdings operates The Insurance Company of …

2 Crew Members Die During ‘Incident’ on Holland America Cruise Ship

FORT LAUDERDALE, Fla. (AP) — Two crew members on a Holland America cruise ship died during an “incident” in the ship’s engineering space, the cruise line said. The unidentified crew members died Friday while the Florida-based Nieuw Amsterdam was at …

Subaru to Recall More Than 118,000 Vehicles in US: NHTSA

Subaru of America is recalling 118,723 SUVs and sedans in the U.S. over an issue which prevents air bags from deploying in a crash, the National Highway Traffic Safety Administration (NHTSA) said on Wednesday. The recall covers certain Outback and …

Acrisure Creates New England Region With Plunkett as Managing Partner

Acrisure announced the formation of its New England region, encompassing its businesses in Connecticut, Massachusetts, Maine, New Hampshire, Rhode Island and Vermont. Acrisure’s New England presence includes 27 office locations, with nearly 400 employees serving more than 57,000 customers. The …

Viewpoint: Is IRS Abusing its Authority in Micro-Captives Investigations?

Editor’s note: Captive insurance programs have blossomed in a number of Southern states in recent years, including Tennessee and North Carolina. But new questions have been raised about whether some micro-captives are used as tax shelters, and about the IRS …

Participate in the Annual Young Agents Opinion Survey: Last Call

Are you a young insurance agent, 40 years old or younger? Do you know a young insurance agent? Insurance Journal is searching for young insurance agents to participate in this year’s Young Insurance Agents Opinion Survey. Tell us what you …

People Moves: Liberty Names Orozco Employee Benefits Producer in Calfornia

The Liberty Company Insurance Brokers named Christopher Orozco an employee benefits producer. Orozco will be based in California. Orozco got his start in the mail room at Warner Pacific in 2013, then transitioned from the supply department to rating analyst. …

Dean’s Sausage Faces $116K OSHA Penalty Over Alleged Workplace Hazards

The federal Occupational Safety and Health Administration (OSHA) says that a second inspection of Dean Sausage Co. Inc. in Ayyalia, Alabama found similar workplace safety hazards as identified in a 2022 inspection, prompting the agency to propose $116,153 in penalties. …

Midwest Builders’ Casualty Renames to Waypoint Mutual

Midwest Builders’ Casualty Mutual Company, a large, regional, specialized workers’ compensation insurance carrier, announced that they are changing their name to Waypoint Mutual effective April 1. Kansas City, Missouri-based Waypoint Mutual has served as a specialized niche workers’ compensation carrier …