INSURANCE NEWS
ALKEME Acquired Robert Bell Insurance Brokers in California
ALKEME acquired Robert Bell Insurance Brokers in Fallbrook, California. Robert Bell Insurance Brokers will continue to operate under its current brand. Robert Bell is an insurance agency that specializes in property/casualty with a focus on equipment and event rental, towing …
Texas Church Bus Crash Injures 16, Including 13 Children
HOUSTON (AP) – Sixteen people, including 13 children, were injured on Sunday after a small church bus overturned near a Houston area apartment, according to authorities. The bus, belonging to a Baptist church, rolled over and landed on its side …
Blast at Texas Construction Company Kills 4
SAN ANTONIO (AP) – Crews have found the body of a fourth person who died in an explosion at a San Antonio construction company and investigators worked Monday to determine the cause and origin of the blast. The blast happened …
Wisconsin Manufacturer Fined $250K for Workplace Hazards
Federal safety inspectors have determined that a falling load from a below-the-hook magnet crushed the leg of an employee at a Kewaunee heavy fabrication manufacturing company on June 7, 2022. In response to a hospitalization reported by the worker’s employer, …
Ohio Supreme Court: No Coverage Owed for COVID Business Shutdown
The Ohio Supreme Court ruled Monday that COVID-19 cannot cause any direct physical damage or loss that is covered by a commercial property insurance policy, joining nine other state high courts that have rejected similar business-interruption claims. The Ohio court …
Career Certified Acquires Kansas-Based Licensing School A.D. Banker
Career Certified acquired A.D. Banker, a 43-year veteran provider of online education for Insurance (Pre-Licensing and Continuing Education) and Securities (Pre-Licensing). A.D. Banker provides a comprehensive offering for Life & Health, Property and Casualty, Adjuster and Limited Lines, as well …
Subaru Recalls 271,000 U.S. Vehicles, Urges Drivers to Park Outside
Subaru on Tuesday said it was recalling 271,000 2019 through 2022 model year Ascent sport utility vehicles due to increased fire risk and urged owners to park their vehicles outside until repairs are completed. The Japanese automaker said owners should …
People Moves: Workers’ Comp Bureau in California Adds Cooper
The Workers’ Compensation Insurance Rating Bureau of California named Sean Cooper executive vice president and deputy chief actuary. Cooper will assume the WCIRB chief actuary role upon Dave Bellusci’s retirement in Spring 2023. Cooper has more than 30 years of …
Oregon Announces $17M Settlement with Centene
Attorney General Ellen Rosenblum and Oregon Insurance Commissioner Andrew Stolfi jointly announced a $17 million settlement with Centene regarding pharmacy services and including allegations that the company overcharged Oregon’s Medicaid program for pharmaceutical costs. Specifically, Centene served as both a …
Scientists Say Eruption of Hawaii Volcano Continues to Ease
The eruption of the Mauna Loa volcano on Hawaii’s Big Island continues to ease, scientists said, reinforcing an earlier pronouncement that the mountain’s first flare-up in nearly 40 years might soon end. “We have good news to report,” Ken Hon, …
Two Firefighters Die in Pennsylvania House Fire
WEST PENN TOWNSHIP, Pa (AP) — Pennsylvania State Police say two firefighters died responding to a house fire where a body was found, while two people who lived in the home got out safely. The slain firefighters were identified as …
Generali Raises Projected Profit Boost From Purchase of Cattolica
Italy’s biggest insurer Generali on Tuesday raised the projected boost to its earnings from last year’s purchase of smaller rival Cattolica, and ruled out negative impacts from new accounting standards. Generali now expects to achieve pre-tax synergies of 120-130 million …