Oregon Division of Financial Regulation Fines State Farm $200K April 10, 2024 The Oregon Division of Financial Regulation issued a $200,000 fine against State Farm after the company reportedly failed to send...
Grand Jury Indicts ‘Hole in Won’ Owner on Prize Insurance Fraud Charges April 10, 2024 A federal grand jury in Connecticut returned a six-count indictment charging a Norwalk, Connecticut business owner with fraud offenses related...
Safeco Gets a Win in Underinsured Motorist Coverage Dispute April 10, 2024 By Andrew G. Simpson The Connecticut Appellate Court has ruled that an auto insurer is not obligated to pay underinsured benefits to make up...
Virginia Gov. Youngkin Seeks to Fix ‘Bad Faith’ Bill That Insurers Wish He’d Veto April 9, 2024 By Andrew G. Simpson Virginia Gov. Glenn Youngkin has returned a “bad faith” insurance claims bill to the General Assembly with recommendations for changes,...
Unlicensed Home Warranty Company Ordered to Cease-and-Desist in Oklahoma April 9, 2024 The Oklahoma Insurance Department (OID) issued a Cease-and-Desist Order against First Premier Home Warranty Corp. for unauthorized sale of home...
Construction-Focused MGA, Phoenix Specialty, Launches With Capacity From AXA UK April 9, 2024 Acies MGU, the London-based managing general underwriter and MGA incubator, announced the launch of Phoenix Specialty, a specialist MGA serving...
Texas A&M Considers Restoring Bonfire Tradition After 1999 Tragedy April 9, 2024 By Sneha Dey, The Texas Tribune Building the Aggie bonfire was once among the most prized student traditions at Texas A&M University. That changed when the...
Illinois State Senator Ann Gillespie Named Acting Director of DOI April 9, 2024 Illinois Governor JB Pritzker announced that Illinois Department of Insurance (DOI) Director Dana Popish Severinghaus will step down from her...
Iowa’s EMC Insurance Updates Brand, Logo April 9, 2024 Des Moines, Iowa-based EMC Insurance is debuting an updated brand, including a new logo, effective April 9. The company’s website...
Vehicle Complexity, Labor ‘Reshaping’ Auto Insurance and Collision Repair: Report April 9, 2024 By Don Jergler New technologies and rising labor costs are putting pressure on auto insurance carriers and auto repairers by making repairs more...