INSURANCE NEWS
How Amazon Thinks About Auto Insurance for Delivery Service Partners
Amazon runs an auto insurance program for its delivery service providers, but if those DSPs choose to buy their insurance from competitors instead, Amazon is fine with that. In fact, Amazon might prefer it if their insurance customers buy coverage …
Allergan, Teva to Pay $54M in San Francisco Opioid Lawsuit
Opioid makers Allergan and Teva have agreed to pay $54 million in cash and overdose reversal drugs to settle a federal lawsuit brought by San Francisco alleging the drug industry fueled an overdose and addiction surge that created a public …
Goodbye Courtroom? Florida Citizens Wants Claims Disputes Heard by Admin Judges
By this time next year, Citizens Property Insurance policyholders and assignees of benefits could see their claims disputes decided, not in county or circuit courts, but by administrative judges who work for a Florida state agency. The Citizens Board of …
Scientist Explains Role of Climate in Record-Breaking Floods
Why is the world seeing more record-breaking floods? The question was asked and answered on Tuesday in an article on the World Economic Forum by Frances Davenport, a postdoctoral research fellow in atmospheric science Colorado State University. Davenport studies how …
Progress in Ukraine Grain Export Talks Reported; Sanctions, Insurance Among Issues
Ukraine, the United Nations and Turkey hailed progress at talks in Istanbul that aim to resume Black Sea grain exports blocked by Russia and ease the risk of starvation faced by millions, but an end to the war remained far …
PCF Acquires Andreini & Company in California
PCF Insurance Services acquired Andreini & Company in San Mateo, California. Andreini & Company specializes in industry niches such as agriculture, aviation, transportation, oil & gas and equine mortality. The brokerage employs more than 200 insurance professionals and has 15 …
Louisiana Judge: State Can’t Order Insurers to Pay Ida Evacuation Expenses
A Louisiana judge ruled last week that the state’s insurance commissioner’s directive ordering insurers to pay policyholders’ Hurricane Ida evacuation expenses is invalid and unenforceable. Judge Patrick E. Monroe of the Division of Administrative Law wrote that Louisiana Department of …
Industry Trade Associations Oppose Potential New Cyber Claims Data-Sharing Rules
Insurance industry trade associations said they do not want “misguided provisions” related to cyber claims data sharing in the next National Defense Authorization Act (NDAA) for fiscal year 2023. The American Property Casualty Insurance Association (APCIA), National Association of Mutual …
Pregnant Texas Woman Pulled Over in HOV Lane Says Unborn Baby Counts as Passenger
When an officer pulled Brandy Bottone over for driving by herself in a high occupancy vehicle lane in Texas just days after the U.S. Supreme Court overturned Roe v. Wade, she pointed to her pregnant belly and told him her …
North Dakota Groups Secures Signatures to Place Pot Legalization on Ballot
A group that wants to legalize recreational marijuana in North Dakota turned in more that 25,000 signatures to the secretary of state Monday in an effort to place the matter before voters in November. The group, New Approach North Dakota, …
Illinois Dog Kennel Company to Pay $60,000 to Settle EEOC Disability Suit
A dog kennel company in suburban Chicago, Illinois, Rover’s Place, will pay $60,000 and furnish other relief to settle a lawsuit brought by the U.S. Equal Employment Opportunity Commission (EEOC), the federal agency announced today. The EEOC charged alleging that …
Specialty Program Group Acquires Entertainment/Sports Broker ESP in Massachusetts
New Jersey-headquartered Specialty Program Group (SPG) said it has acquired ESP Insurance Brokerage, a national insurance broker and program administrator for the sports, events and promotion marketing and entertainment industries. Terms were not disclosed. Headquartered in Worcester, Massachusetts, ESP offers …