June 15, 2015
The U.S. Drug Enforcement Administration (DEA) and federal prosecutors have made 280 arrests in what they call an “unprecedented enforcement action” against doctors, pharmacies and pill mills for alleged trafficking and abuse of prescription drugs. The 15-month operation, dubbed Operation …
June 15, 2015
Universal Insurance Holdings Inc. in Florida announced on June 1 that the Pennsylvania Insurance Department has approved the homeowners insurance rates and forms of its wholly-owned subsidiary, Universal Property & Casualty Insurance Company (UPCIC), and that UPCIC has subsequently written …
June 15, 2015
Analysts who predicted the U.S. property/casualty industry would have a tough time topping its 2013 results in 2014 were largely correct, as there was some slippage. However, while property/casualty insurers were not as profitable as they were in 2013, they …
June 15, 2015
The Tennessee Supreme Court has ruled that an employee must report an employer’s wrongful activity to someone other than the wrongdoer in order to qualify as a whistleblower. The court affirmed the dismissal of a whistleblower claim by Charles Haynes, …
June 15, 2015
New York City Mayor Bill de Blasio signed into law the Stop Credit Discrimination in Employment Act. The new law prohibits most New York City employers from using or requesting an applicant’s consumer credit history, and prevents them from discriminating …
June 15, 2015
Federal officials have agreed to consider a proposal calling for an end to the federal flood insurance model that allows private insurance carriers to write and service policies. Senator Charles E. Schumer, D-N.Y., citing alleged “widespread fraud” and “unjust denials” …
June 15, 2015
A South Carolina lawmaker has introduced workers’ compensation option legislation that would allow qualified businesses in the state to offer their own injury benefit plan to employees. The state is the second one this year, after Tennessee, to introduce workers’ …
June 15, 2015
While May’s rains brought much needed drought relief across Texas, the torrential downpours in many instances washed out roads and bridges, stranded motorists and took the lives of a reported 27 Texans. A significant amount of flood damage didn’t occur, …
June 5, 2015
Data breaches pose a serious threat to agents even though incidents involving large companies such as Target and Sony produce all the headlines. All agencies are vulnerable to breaches, no matter what their size, location or specialties. Yet there are …
June 1, 2015
Max, Bella and their canine comrades cause more than one-third of all home insurance claims, adding $530 million a year to insurance costs. And while the number of claims is down, the cost of the average claim from dog bites …