INSURANCE NEWS
People Moves: Hub Names Prill Regional President; GBS in Arizona Adds Maggio
Hub International Ltd. named Andy Prill to Hub’s executive management team as regional president of the newly created Mountain Northwest region. Prill will be responsible for the direction, leadership and growth of Hub Northwest and Hub Mountain covering existing operations …
Rent-A-Center Settles California Lawsuit Alleging Overpricing
Rent-A-Center, one of the nation’s largest rent-to-own companies, will pay $15.5 million to settle California’s allegations that it misled and overcharged tens of thousands of customers, Attorney General Rob Bonta said Tuesday. An investigation of the company’s “kiosk” business inside …
Workers’ Compensation Pays for Home Modifications. What About a New Home?
Pennsylvania’s workers’ compensation law authorizes modifications to a home to accommodate an injured employees’ needs; however does it extend coverage to paying any costs for the purchase of a new home? No, that would be unreasonable, the Commonwealth Court of …
McKinney Fire in California Growing, Still out of Control
The McKinney Fire in Northern California was still out of control on Wednesday despite cloudy, cooler conditions on Tuesday night. The fire has burned nearly 90 square miles since it started on Friday in an unpopulated area in Klamath National …
Louisiana Completes Major Coastal Restoration Project
Louisiana has completed one of its biggest coastal restoration projects yet, and is at work on even bigger ones. The dredge used to suck up sediment from the Gulf of Mexico to add 1,000 acres (405 hectares) of habitat to …
Ohio Manufacturer Faces $480,000 in OSHA Penalties
Federal safety investigators found workers at General Aluminum Mfg. Co.’s Wapakoneta site exposed to machine hazards, just 36 days after they found similar violations at the aluminum vehicle parts manufacturer’s facility in Conneaut, Ohio. The U.S. Department of Labor’s Occupational …
Iowa Basketball League to Pay $1 Million in Youth Exploitation Lawsuit
An Iowa-based youth basketball league agreed to settle a class-action lawsuit filed by former players whose coach secretly recorded them undressing or obtained nude photos of them and is now serving a lengthy prison sentence for sexual exploitation of minors. …
America First Insurance Group Launches for Conservative Customers
Earlier this week after over a year in development, insurance agency America First Insurance Group was launched, claiming it is the country’s first conservative insurance group. “We felt the conservative customer was slowly being kicked to the side,” said Tony …
Western Nebraska Wildfire Forces Evacuations, Destroys Homes
A wildfire that has forced evacuations and destroyed some homes in the Nebraska Panhandle grew to about 25000 square miles (64749.77 square kilometers) Monday, but firefighters were managing to limit the spread of the fire. The blaze south of Gering, …
North Carolina Raises Limit on Those Eligible for Lindberg Companies Hardship Payments
Policyholders with three insurance companies once owned by Greg Lindberg and who have as much as $50,000 in the bank may now qualify for financial hardship payments, the North Carolina insurance commissioner announced Wednesday. “This will make policy funds more …
Inside-Outside Game: Is an Internal Offer Really Worth Less Than an External?
Independent agency sale transactions are continuing at a strong pace in 2022. Organic growth rates and profitability are booming, according to Reagan Consulting. Those financial drivers continue to steer agency merger-and-acquisition prices upward. In this environment, some agency principals are …
Kentucky Braces for Heat After 4,300 Homes Damaged and 37 Killed in Floods
The rain that unleashed massive floods in Appalachian mountain communities diminished on Tuesday, leaving survivors to face a new threat: baking in the heat as they try to recover. “It’s going to get really, really hot. And that is now …