July 20, 2015
The Clark County School District in Nevada says it will pay a former insurance broker $1.65 million to settle a lawsuit that claimed the public agency ended the broker’s contract prematurely. Business Benefits Inc. sued the district in May 2014 …
July 20, 2015
Amtrak recently reached a settlement with its primary insurers in a lawsuit in which the railroad operator sought to recoup additional proceeds for Superstorm Sandy losses from its insurers, according to court documents. Terms of the settlement were not disclosed …
July 20, 2015
Kathy Lamm, an insurance agent in Costa Mesa, Calif., over the past month or two has been busy selling a ridesharing endorsement that Farmers Insurance Group introduced in California in late May. Lamm started spreading the word soon after the …
July 20, 2015
The Massachusetts Department of Industrial Accidents (DIA) reduced the assessment that private employers pay to the state on workers’ compensation policies to 5.75 percent of the policy premium for the new fiscal year, down from 5.8 percent during the last …
July 20, 2015
Colorado asked federal disaster managers for a major disaster declaration in the wake of severe weather and flooding this spring and early summer that impacted 11 counties. The Colorado Division of Homeland Security and Emergency Management submitted their request in …
July 20, 2015
Vermont regulators recently issued a bulletin addressing the issue of price optimization in personal lines ratemaking, warning insurers that adjustments to rates may not be based on non-risk-related factors. The Vermont Department of Financial Regulation (DFR) Insurance Bulletin No. 186 …
July 20, 2015
Utah insurance agent Brent Hilton was sentenced to serve one to 15 years in prison and has been taken into custody from the Third District Court in West Jordan. Hilton in July pled guilty to one count of a pattern …
July 20, 2015
Maryland is appealing the federal government’s denial of disaster aid to help the state and Baltimore recover millions of dollars in riot-related costs. The Federal Emergency Management Agency denied Maryland’s request for a major disaster declaration last month, saying aid …
July 20, 2015
The New Mexico Court of Appeals has ruled that a patient in the state’s medical marijuana program who was injured on the job must be reimbursed by an employer for the expense of marijuana used for treatment. The decision in …
July 20, 2015
The family of a Washington man who was fatally injured while he was working on a seat belt air bag replacement that inflated explosively is suing Boeing Co. and a supplier. The lawsuit filed in July in King County Superior …