INSURANCE NEWS
Arkansas-Based Restaurant Chain to Pay $300K to Settle Sexual Harassment Lawsuit
Simply Slims, L.L.C., doing business as Slim Chickens, will pay $300,000 and provide other relief to settle a sexual harassment lawsuit filed by the U.S. Equal Employment Opportunity Commission (EEOC), the federal agency announced. Headquartered in Fayetteville, Arkansas, Slim Chickens …
Nebraska Court Allows Data Privacy Lawsuit Against Change Healthcare to Proceed
Nebraska Attorney General Mike Hilgers announced last week that a district court denied Change Healthcare’s motion to dismiss claims for alleged consumer protection and data privacy violations, allowing the state’s lawsuit against Change Healthcare, UnitedHealth Group, and Optum to move …
AM Best Revises Outlook to Stable for Members of Illinois’ IFG Companies
AM Best has revised the outlooks to stable from positive and affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICRs) of “a+” (Excellent) for the members of Chicago-based IFG Companies (IFG). These …
Louisiana Man Arrested in Extensive Auto Insurance Fraud Scheme
A Monroe, Louisiana man has been arrested following an investigation into a suspected staged-crash and insurance fraud scheme, the Louisiana Department of Insurance (LDI) announced. Adrian Sampson, 21, is charged with 49 felony counts including aggravated criminal damage to property, …
Florida-based Neptune Reports $11.5M Q3 Profit After IPO
Two months after its successful initial public offering that raised more than $368 million, Neptune Insurance Holdings Inc. reported a lucrative third quarter, despite a slight dip in net income. Q3 Net income for the St. Petersburg, Florida-based private flood …
Coal Miners With Black Lung Say Government Is Suffocating The ‘Working Man’
Lisa Emery loves to talk about her “boys.” With each word, the respiratory therapist’s face softens and shines with pride. But keep her talking, and it doesn’t take long for that passion to switch to hurt. She knows the names, …
NTSB to Decide Probable Cause of Baltimore’s Key Bridge Collapse This Week
The National Transportation Safety Board will hold a public board meeting this week to determine the probable cause of the contact of the containership Dali with the Francis Scott Key Bridge and subsequent bridge collapse. NTSB’s board is expected to …
Arizona Workers’ Comp Rates Fall for a 12th Straight Year
Workers’ compensation rates in Arizona are set to go down 6.7% next year. The Arizona Department of Insurance and Financial Institutions reviewed the annual National Council on Compensation Insurance rate filing for a 6.7% reduction in workers’ comp rates, which …
NYC Council Committee Rejects Ban on Central Park Horse Carriages
Central Park’s iconic horse-drawn carriages will trot on, for now. A proposal to ban the popular tourist attractions that have been fixtures in Central Park for more than 150 years failed to clear a key New York City Council committee …
IJ Q&A: Fortegra on the Grow Path for MGAs
At the recent Target Markets Annual Summit in Scottsdale, Arizona, a gathering of 2,000 MGAs, program administrators and carrier executives, Insurance Journal sat down with Abbie Taylor, executive vice president and chief operating officer of Jacksonville, Florida-based Fortegra. Here is …
California Revokes 17,000 Commercial Driver’s Licenses for Immigrants
California plans to revoke 17,000 commercial driver’s licenses given to immigrants after discovering the expiration dates went past when the drivers were legally allowed to be in the U.S., state officials said. The announcement follows harsh criticism from the Trump …
All 14 Victims Identified in UPS Cargo Plane Crash in Louisville
A grandfather and his young granddaughter. An electrician with two young children. A woman standing in line at a scrap metal business. They were among the 14 people who died in the fiery crash of a UPS plane in Louisville …