Insurance
Indiana Home Care Operator Faces $172K for Federal Wage Law Violations
The operator of an Indiana home care company may have to pay more than $172,000, including $86,000 in overtime wages, for violating federal wage laws, the Department of Labor announced. Hahn March, owner of Aging and Disabled Home Healthcare in …
Read More Texas Workers’ Comp is Growing, Profitable, Adding Doctors
Texas’s worker’s compensation market is stable and steadily growing. The workers’ compensation market is one of the few consistently profitable lines in the state, according to the Worker’s Compensation Annual Report 2024 from the Insurance Council of Texas. Texas has …
Read More Allianz Exec Ryan to Succeed Donnell as NCCI President and CEO
The board of NCCI Holdings, Inc. elected Tracy Ryan as its new president and CEO, effective January 6, 2025. Bill Donnell, the company’s current president and CEO, is retiring in February 2025. Boca Raton, Florida-based NCCI said Ryan has more …
Read More Lloyd’s of London Shakes Up IT, Operations Teams
Commercial insurance market Lloyd’s of London is restructuring its data, operations and change departments, which will involve outsourcing some of those units’ work, a Lloyd’s spokesperson said on Thursday. It was too soon to say what the impact would be …
Read More NC Insurance Broker Sentenced to Five Years in Long-running Tax Scheme
A federal judge on Wednesday sentenced a North Carolina insurance agent to five years in prison for his role in a decade-long scheme that created fraudulent tax shelters and cheated the U.S. government of more than $22 million in tax …
Read More New York State Imposes Burn Ban; Brush Fire in Manhattan; Arrest in Medford Fire
New York Governor Kathy Hochul announced a statewide burn ban is in effect until November 30 due to an increased fire risk as the state continues to experience drought conditions and a record number of outdoor fires. Also, Suffolk County …
Read More Doe & Emuss Launches as Professional Liability U/W Manager and Lloyd’s Coverholder
Doe & Emuss (D&E), the London-based boutique professional liability underwriting manager, has been launched with approved coverholder status at Lloyd’s. D&E is founded and led by industry veterans, Chief Executive David Doe and Managing Director Paul Emuss, who have more …
Read More Allstate Insurers Sue Hyundai, Kia to Pay for Claims From Defective Cars
A group of subsidiaries of Allstate have filed a subrogation suit against Hyundai and Kia to get back costs paid to insureds for damages when their cars suddenly erupted in flames. According to the lawsuit, now in U.S. District Court …
Read More Intact Financial Acquires Canada’s No. 1 Home Maintenance App
Intact Financial Corp., the Toronto-based property-casualty insurer, announce that it has acquired Jiffy Inc., Canada’s No. 1 home maintenance app. Through this acquisition, Jiffy will have the platform and capabilities to accelerate expansion of its services across more Canadian jurisdictions …
Read More Massachusetts Still Battling Brush Fires as Drought Conditions Persist
Massachusetts remains under a red flag warning as multiple brush fires continue to burn across the state. The warning issued by the National Weather Service indicates that the fires now burning are at high risk of spreading and more difficult …
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