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News – Insurance Journal
California Labor Commissioner Cites Contractor $1.7M for Wage Theft Violations
The California Labor Commissioner’s office has cited JPI Construction $1.7 million for wage theft violations affecting 265 workers. An investigation reportedly found that the San Diego-based company failed to pay workers properly on commercial and residential construction projects, resulting in …
POSTED OCTOBER 19, 2021 6:26 PM |
Davies Acquires Insurance Risk Services, an Inspection Firm
Davies, a professional services and technology company serving the insurance market, announced it has agreed to purchase Insurance Risk Services, a Florida-based firm that provides inspections for underwriting. Insurance Risk Services, or IRS, is based in Lake Mary, Florida. It …
POSTED OCTOBER 19, 2021 6:19 PM |
Washington Insurance Commissioner Pursues January Date for Rule to Ban Use of Credit Scores
Washington Insurance Commissioner Mike Kreidler says he will seek an effective date of Jan. 1, 2022 for a permanent rule to temporarily ban the use of credit scores for insurance policies for three years. Kreidler’s emergency order prohibited insurers from …
POSTED OCTOBER 19, 2021 5:25 PM |
Enbridge Fails to Meet Minnesota Aquifer Cleanup Deadline
Enbridge has failed to meet a deadline set by the Minnesota Department of Natural Resources for cleaning up a site where an aquifer ruptured during construction of the Line 3 oil pipeline, DNR officials said. The agency had given the …
POSTED OCTOBER 19, 2021 4:59 PM |
Citizens’ CEO: Florida Insurers Swimming in a Sea of Red Ink; Capital Drying Up
It’s not just a few Florida property insurance companies that are running into financial trouble. Almost every carrier is losing money in 2021 and the future does not look any better, the CEO of Citizens Property Insurance Co. told lawmakers …
POSTED OCTOBER 19, 2021 4:56 PM |
People Moves: Jeffrey White joins Holmes Murphy; GCG Financial hires Pauline Sobelman
Jeffrey Austin White joins Holmes Murphy Jeffrey Austin White has joined Holmes Murphy as its Chief Analytics Officer (CAO), bringing his nearly three decades of expertise focused on strategic investments in talent and technology to the national insurance brokerage. In …
POSTED OCTOBER 19, 2021 4:55 PM |
Business Groups Rally Against, Block Texas Bill to Ban COVID-19 Vaccine Mandates
Bills intended to block any Texas entity, including hospitals and private businesses, from mandating COVID-19 vaccines for employees failed to pass the Texas Legislature before lawmakers adjourned the third special legislative session. Signs that the legislation was in trouble came …
POSTED OCTOBER 19, 2021 4:49 PM |
Whoa! Horse Riding Is Riskier Than Football, Auto Racing or Skiing?
The risk of an injury is higher for horse riding than for other potentially risky sporting activities, such as football, motor racing or skiing. That’s according to research published in the online journal Trauma Surgery & Acute Care Open that …
POSTED OCTOBER 19, 2021 4:45 PM |
One80 Acquires Louisiana’s Equity Partners Insurance Services
Boston-based One80 Intermediaries (One80), a national wholesale broker, program manager, third-party administrator (TPA), warranty and lender-based insurance provider, and insurance aggregator, has acquired Equity Partners Insurance Services Inc. (EPIS), a managing general agent and wholesaler for commercial and personal lines …
POSTED OCTOBER 19, 2021 4:42 PM |
JAB to Acquire Chicago’s Figo Pet Insurance
Independence Pet Holdings (IHC), the U.S. pet insurance platform for JAB Holding Co., a German conglomerate based in Luxembourg, is acquiring Chicago-based pet insurance provider, Figo. As part of the acquisition agreement, the shareholders of Figo will roll a portion …
POSTED OCTOBER 19, 2021 4:30 PM |
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