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News – Insurance Journal
California Street Racer Charged with Auto Insurance Fraud, Grand Theft
Michael Lynn Cooper, 55, of Ontario, Calif., was charged with multiple felony counts of insurance fraud and grand theft after allegedly misrepresenting the facts of a collision to his insurance company to receive a payout after he was street racing. …
POSTED OCTOBER 29, 2020 9:08 PM |
Scientists Want New Framework for Understanding California Wildfire Costs, Risks
A new report out shows challenges current fire management policies in California, proposes a new framework for understanding the total cost of wildfire in the state and suggests that health impacts from smoke my represent substantial costs that are not …
POSTED OCTOBER 29, 2020 8:58 PM |
Cannabis Broker Spotlight: Koelewyn of Pacific AG Embraced Cannabis Insurance from the Start
Editor’s note: This part of a series of profiles on cannabis brokers, in which Insurance Journal explores why and how these folks got into the business, the ups and downs of insuring cannabis, as well as a few tips for …
POSTED OCTOBER 29, 2020 5:32 PM |
ReAlign Insurance Launches Summit Specialty Insurance in Nebraska
ReAlign Insurance Holdings LLC (ReAlign) has formed Summit Specialty Insurance Co. (Summit Specialty), a new surplus lines insurance carrier based in Nebraska. A wholly owned subsidiary of ReAlign Insurance Holdings Inc. and headed by Timothy McAuliffe, Summit Specialty has received …
POSTED OCTOBER 29, 2020 4:56 PM |
Louisiana Gov. Edwards Rejects Legislation Giving Lawmakers More Emergency Power
Gov. John Bel Edwards has vetoed the centerpiece bill of Louisiana’s just-ended special session, a measure seeking to give lawmakers more authority in a governor’s emergency decisions, including the ability to jettison individual coronavirus restrictions. The Democratic governor’s decision was …
POSTED OCTOBER 29, 2020 4:55 PM |
Americas Insurance Waiving Separate Deductible in Louisiana After Delta, Laura
Americas Insurance Company will be waiving a separate deductible for Hurricane Delta for Louisiana insureds that were impacted by both Hurricanes Laura and Delta, provided they have satisfied their full named-storm deductible. According to Louisiana Insurance Commissioner Jim Donelon, for …
POSTED OCTOBER 29, 2020 4:54 PM |
Florida Driving School Suspended for Providing Answers to License Test
A Florida driving school was suspended after investigators said it was providing correct answers to people taking a written driver license test, the Department of Highway Safety and Motor Vehicles announced last week. Universal Driving School in Oakland Park charged …
POSTED OCTOBER 29, 2020 4:51 PM |
Alliant Insurance Services Names Pierce Executive VP in Dallas
Steve Pierce, a construction risk management and alternative risk financing specialist, has joined Alliant Insurance Services as executive vice president within the Alliant Construction Services Group. He is based in Dallas. Pierce joins Alliant with more than 18 years of …
POSTED OCTOBER 29, 2020 4:50 PM |
Illinois Governor Bans Indoor Dining in Chicago as Virus Cases Surge
Surging COVID-19 cases in Chicago has prompted Illinois Gov. J.B. Pritzker to ban indoor dining and bar services and limit the number of people gathering in one place. However, Chicago Mayor Lori Lightfoot says she isn’t sure Pritzker’s new restrictions …
POSTED OCTOBER 29, 2020 4:49 PM |
WHO to Form COVID Insurance Scheme for Vaccine Side-Effects in Poor Nations
BRUSSELS – A vaccine scheme co-led by the World Health Organization is setting up a compensation fund for people in poor nations who might suffer any side-effects from COVID-19 vaccines, aiming to allay fears that could hamper a global rollout …
POSTED OCTOBER 29, 2020 4:15 PM |
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