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News – Insurance Journal

Business Risk Partners Partners With Aspen on Agents Professional Liability Coverage
Program administrator Business Risk Partners (BRP) has released an expanded professional liability form for insurance agents and brokers through Aspen American Insurance Co., part of Aspen Insurance Holdings Limited. The policy targets a range of insurance agents and brokers – …

POSTED APRIL 20, 2018 4:49 PM
Woman Injured at Ohio Fair Gets $1.8M from Ride Owner, Inspection Companies
A woman who suffered a traumatic brain injury in a thrill ride accident at last year’s Ohio State Fair will receive $1.8 million. A judge this week approved the settlement that calls for the ride’s owner, Amusements of America, and …

POSTED APRIL 20, 2018 4:44 PM
Houston-Area Flood Control District: $155M Needed for Harvey Damage Study, Repairs
The Houston-area flood control district has estimated needing $155 million to study and fix damaged infrastructure after Hurricane Harvey. Workers this week are assessing the storm’s destruction to the Harris County Flood Control District’s 2,500 miles of bayous, creeks and …

POSTED APRIL 20, 2018 4:38 PM
Firefighters Hope Better Weather Will Aid Oklahoma Wildfire Fight
Firefighters are hoping higher humidity and milder winds will help them fight wildfires in Oklahoma, though conditions are critical in Arizona and New Mexico. U.S. Forest Service spokesman Todd Schroeder said on April 19 that a fire near Leedey, about …

POSTED APRIL 20, 2018 4:34 PM
Florida Lawyer Gets Prison for $23M Auto Insurance Fraud Scheme
A Florida man has been sentenced to more than a year in prison for his role in a $23 million auto insurance fraud involving chiropractors’ clinics. The SunSentinel reports 55-year-old Jason Dalley wept in court April 16 as a judge …

POSTED APRIL 20, 2018 4:33 PM
6 Students Injured in Florida School Bus, Semi Collision
A school bus and a semitractor-trailer collided in Florida, slightly injuring six high school students. News outlets report the bus was carrying about 18 students when it crashed Wednesday in Brooksville, about 50 miles (80 kilometers) north of Tampa. The …

POSTED APRIL 20, 2018 4:30 PM
Louisiana Man Admits Setting 9 Fires in Neighborhood, Gets 2 Years
A 44-year-old Louisiana man has admitted setting nine fires in his neighborhood — the last six on his own street. Authorities say he confessed while being interviewed about the last fire, which was set in a car outside his home. …

POSTED APRIL 20, 2018 4:29 PM
West Virginia Regulators Monitoring Collapsed Section of Dam
West Virginia regulators are monitoring a damaged dam in the northern part of the state that could potentially fail. The state Department of Environmental Protection says in a news release a worker with the town of Lumberport notified authorities Wednesday …

POSTED APRIL 20, 2018 4:29 PM
German Prosecutors Eye Investigation of Auto Supplier Bosch over Emissions Scandal
German prosecutors may widen an investigation into auto supplier Robert Bosch over its suspected involvement in emissions test cheating to include dealings with Fiat, Ford, General Motors and Hyundai, according to the Stuttgart public prosecutor’s office. German weekly der Spiegel …

POSTED APRIL 20, 2018 4:26 PM
Tractors Worth $50K Stolen from Scottie Pippen’s Arkansas Farm
Authorities in rural Arkansas are investigating the theft of more than $50,000 worth of equipment from a farm owned by former NBA star Scottie Pippen. Investigator Mark Griever of the Ashley County Sheriff’s Office says two tractors were stolen from …

POSTED APRIL 20, 2018 4:26 PM

Business Insurance

Cannabis businessowners policy developed for California


POSTED APRIL 20, 2018 3:05 PM
California appeals court rules for insurers in railroads’ coverage dispute


POSTED APRIL 20, 2018 2:35 PM
Settlement allows pizzerias to digest a piece-ful coexistence
The saga of two battling New York pizzerias came down to Earth on Thursday after being tossed around in federal court.

POSTED APRIL 20, 2018 2:00 PM
Calif. settles with eight doctors in ‘underground regulations’ case
The California Division of Workers Compensation on Thursday settled with eight doctors who accused regulators of relying on “underground regulations” to its medical billing rules to deny their reappointment as qualified medical evaluators, an attorney representing the doctors confirmed Friday.

POSTED APRIL 20, 2018 1:50 PM
Ohio comp bureau can subrogate benefits costs: State high court


POSTED APRIL 20, 2018 1:22 PM
AIG unit not obligated to pay interest in dispute with seat-belt maker
An American International Group Inc. unit is not obligated to pay post-judgment interest in products liability litigation filed against a seat belt manufacturer under its excess policy, said a federal appeals court Friday, in affirming a lower court’s ruling.

POSTED APRIL 20, 2018 1:01 PM
Ohio secures five comp fraud-related convictions in March
The Ohio Bureau of Workers Compensation secured five fraud-related convictions in March, with restitution orders totaling more than $41,000 and bringing this year’s total to 12, according to a press release.

POSTED APRIL 20, 2018 12:46 PM
Lance Armstrong settles federal fraud case for $5M
(Reuters) — Former cycling champion Lance Armstrong on Thursday agreed to pay $5 million to settle a federal suit claiming he defrauded his sponsor, the U.S. Postal Service, by using performance-enhancing drugs, his attorney and federal officials said.

POSTED APRIL 20, 2018 10:36 AM
Wells Fargo agrees to pay $1 billion to settle customer abuses


POSTED APRIL 20, 2018 10:17 AM
Ontario expands firefighter cancer presumption for comp
With the expanded presumption, firefighters diagnosed with three additional types of cancers will encounter an expedited process for workers compensation benefits, according to the Ontario Ministry of Labor.

POSTED APRIL 20, 2018 8:52 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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