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California Chamber and 2 Workers’ Comp Groups File Brief in Utilization Review Case
The California Workers’ Compensation Institute, the California Chamber of Commerce and the California Coalition of Workers’ Compensation have filed a joint amicus brief in Stevens v. WCAB, the long-running court case that challenged the constitutionality of the utilization review/independent medical …

POSTED JUNE 23, 2017 6:14 PM
Wine Named Securities Head, Shultz Asst. Commissioner at Kansas Insurance Dept.
John Wine, current assistant commissioner at the Kansas Insurance Department (KID), has been named securities commissioner within the department, and Clark Shultz has been tapped as Wine’s successor as assistant commissioner. The administrative changes are a result of the upcoming …

POSTED JUNE 23, 2017 4:50 PM
Watkins Insurance Group Expanding to Georgetown, Texas
Watkins Insurance Group announced it is expanding to Georgetown, Texas, and plans to build a new location in the city’s historic downtown. The new building, to be located at 815 South Main Street, will be a two-story development that will …

POSTED JUNE 23, 2017 4:35 PM
Texas Mutual Promotes Green-Hinojosa, Scott to VP Positions
Austin-based workers’ compensation insurance provider Texas Mutual Insurance Co. has promoted Amy Green-Hinojosa to vice president of the project management office and Nathan Scott to vice president of investments. Green-Hinojosa joined Texas Mutual in 1995 in the premium audit department …

POSTED JUNE 23, 2017 4:26 PM
Texas Stamping Office: Surplus Lines Insurance Premium Up for 2017
Data collected by the Surplus Lines Stamping Office of Texas (SLTX) shows that insurance premium amounts recorded in May 2017 are higher than totals recorded in May of 2016 or 2015. The information was presented at the second-quarter SLTX board …

POSTED JUNE 23, 2017 4:26 PM
Partners Specialty Group Adds Swett & Crawford’s Coelho in Kansas City
Partners Specialty Group Inc., an AmWINS Group Co., has added Michael Coelho to its property team. He is based in Kansas City, Mo. With almost 30 years of experience in the insurance industry, Coelho specializes in protection for challenging property risks, …

POSTED JUNE 23, 2017 4:14 PM
Missouri Becomes 3rd State to Sue Opioid Manufacturers
Missouri on June 21 became the third U.S. state to accuse major drug manufacturers of fraudulently misrepresenting the risks of opioid painkillers now at the center of a national addiction epidemic. Missouri Attorney General Josh Hawley said his office filed …

POSTED JUNE 23, 2017 4:11 PM
Zenefits to Pay $3.4M for Fair Labor Act Violations in California and Arizona
Zenefits is in trouble with another government regulator. San Francisco, Calif.-based Zenefits FTW Insurance Services violated the Fair Labor Standards Act by misclassifying 743 account executives and sales development representatives in San Francisco, and in Tempe and Scottsdale, Ariz., as …

POSTED JUNE 23, 2017 3:04 PM
California Judge Will Let San Francisco Subpoena Uber for Driver Information
A California state judge said that San Francisco can demand from Uber records containing the ridesharing company’s driver contact information, the city attorney said. San Francisco City Attorney Dennis Herrera last month sought a court order compelling Uber Technologies Inc. …

POSTED JUNE 23, 2017 2:51 PM
United Valley Adds 2 Members in Southern California
United Valley has added Goodwin Insurance Agency Inc. of Redlands, Calif. and RBP Insurance Services Inc. of Valencia, Calif. to its network. Goodwin Insurance, which was founded in 2004 by agency owners Glenn Goodwin, Nick Goodwin and Holly Grimm, provides …

POSTED JUNE 23, 2017 2:47 PM

Business Insurance

Man who sued TV stations for live-birth clips must pay attorneys fees
A plaintiff who live-streamed his child’s birth must pay the attorneys fees of networks whom he later unsuccessfully sued for broadcasting brief excerpts of the video, says a federal court.

POSTED JUNE 23, 2017 2:32 PM
No change in California misconduct complaints: Report

POSTED JUNE 23, 2017 2:22 PM
Pennsylvania impairment evaluation process ruled unconstitutional
The state's high court considered whether the General Assembly unconstitutionally delegated the authority to establish criteria for evaluating permanent impairment to the American Medical Association, which publishes impairment evaluation guides.

POSTED JUNE 23, 2017 1:48 PM
Accident claims increase in legalized marijuana states: Study
A new study has found an increase in accident insurance claims in three states that allow people to smoke or consume marijuana legally.

POSTED JUNE 23, 2017 1:44 PM
Med mal insurer acquires Lloyd’s managing agency for $22.6M
R&Q Investment Holdings Ltd., Hamilton, Bermuda, said it is selling its Lloyd’s of London managing agency business to medical professional liability insurer Coverys for $22.6 million.

POSTED JUNE 23, 2017 1:19 PM
OSHA proposes beryllium rule revision
OSHA has released a proposed beryllium rule that would modify standards for construction and shipyards, and said it will not enforce the current standards on these industries without further notice.

POSTED JUNE 23, 2017 12:32 PM
Under pressure, Western tech firms bow to Russian demands to share cyber secrets
Western technology companies, including Cisco Systems Inc., IBM and SAP SE, are acceding to demands by Moscow for access to closely guarded product security secrets, at a time when Russia has been accused of a growing number of cyberattacks on the West, a Reuters investigation has found.

POSTED JUNE 23, 2017 11:02 AM
Insured vs. insured exclusion shields AIG
An AIG unit is not obligated to provide an ex-CEO with indemnification and defense costs associated with litigation filed against him by his former firm and its executives under an insured vs. insured exclusion in a D&O policy.

POSTED JUNE 23, 2017 10:49 AM
Oregon OSHA cites contractor for multiple safety violations

POSTED JUNE 23, 2017 10:28 AM
The BI Top 10
This week's most popular stories include a slideshow on executive pay at the top insurers, and a reinsurance broker hiring several former Willis Towers Watson employees.

POSTED JUNE 23, 2017 8:38 AM

NOTICE: The links and articles found on or within this news center are simply for informational purposes that we believe may be of benefit to our clients and/or website visitors. By providing these links on our website, we are not recommending or endorsing the use of the particular products or services these third parties offer. Nor does Wateridge Insurance Services confirm, corroborate or agree to the statistics or opinions on these links and articles. We urge you to review each website’s Privacy Policy, Disclaimers, and develop an independent opinion of the service or product for any link pursued.

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