INSURANCE NEWS
Consumer Group Pushing ‘Junk/Hidden Fees’ Bill Package in California
A group of California lawmakers along with the Consumer Federation of California is pushing a six-bill “junk/hidden fees package” that proponents say will protect consumers from deceptive pricing and add-on fees in a wide range of industries. According to the …
Norfolk Plans to Add More Detectors to Catch Overheated Bearings
Norfolk Southern Corp. on Monday said it plans to add about 200 detectors to its tracks that will help identify overheated bearings as the railroad operator came under fire after a derailment in Ohio spewed toxins into the air and …
Louisiana Commissioner Giving Incentive to Insurers Taking UPC Policies
Louisiana Commissioner Jim Donelon is notifying property/casualty insurers that they will receive credit toward the Insure Louisiana Incentive Program’s grant requirements for assuming United Property & Casualty Insurance Co. policies before they are canceled by the Florida judicial system on …
States Must Include Cybersecurity in Water System Audits, EPA Says
The Environmental Protection Agency issued a memorandum on Friday requiring states to analyze cyber defenses at public water systems during periodic audits. The audits, called sanitary surveys, are already required by the EPA to detect harmful chemicals. Water utilities are …
Texas Anti-ESG Push Is Coming for Insurers and Pensions in New Bills
A Texas lawmaker is seeking to broaden the fight against ESG (environmental social governance) policies by imposing further limits on the types of investments state pension managers can make and restricting shareholder proposals that would dictate insurance companies’ business with …
Tesla Recalls 3,470 Model Y Vehicles Over Loose Bolts
Tesla Inc TSLA.O said it is recalling 3,470 2022 through 2023 Model Y vehicles in the United States because bolts securing the second-row seatback frames may not have been securely tightened, according to a filing made public Saturday. The National …
Former NFL Player Indicted in Texas Following DOI Investigation
Former NFL player Corey Bradford pleaded guilty to submitting fraudulent health reimbursement claims after an investigation by the Texas Department of Insurance Fraud Unit. The TDI investigation late last month found that Bradford submitted claims totaling more than $224,000 to …
United Insurance Holdings Moves Forward to Specialty Commercial Lines: CEO
United Insurance Holdings Corp. Corp. said it will move on to focus on specialty commercial lines business following news last month that its subsidiary United P&C Insurance Company (UPC) being was placed in receivership. During a short conference call to …
Man Cleared by DNA Evidence in Ohio Rape Case Gets $4M Settlement
A man who spent more than 16 years in prison for a rape that DNA evidence showed he did not commit has reached a $4 million wrongful imprisonment settlement. The agreement between Christopher Miller and Cleveland Heights was made public …
Wisconsin Substance Center Owes $2 M in Fraud Case
A federal judge has ruled that a now-shuttered Wisconsin substance abuse center and its CEO owe the state and federal government more than $2 million in a Medicaid fraud case. Online court records show U.S. District Judge J.P. Stadtmueller ruled …
Cannabis Vote Has Oklahoma Hungry to Rake in Green From Texas
Tens of thousands of Texans from the bustling Dallas-Fort Worth area routinely drive across the Red River to gamble in glitzy, Las Vegas- style tribal casinos or to relax at cabins or swim and ski in lakes that dot southern …
Half of California Freed From Drought Thanks to Rain, Snow
Tremendous rains and snowfall since late last year have freed half of California from drought, but low groundwater levels remain a persistent problem, U.S. Drought Monitor data showed. The latest survey found that moderate or severe drought covers about 49% …