INSURANCE NEWS
Call Center Workers’ Comp Fraud Scheme Targeting Spanish-Speakers Leads to Charges
Four individuals, including attorneys, were charged after an investigation reportedly revealed a large-scale workers’ compensation fraud scheme allegedly targeted Spanish-speaking workers and involved the illegal sale of more than 1,100 clients generating more than $550,000 in unlawful referral fees. The …
DoorDash Asks Judge to Dismiss Uber Suit Over Web Ordering Services
DoorDash Inc. asked a California judge to dismiss Uber Technologies Inc.’s anticompetition lawsuit against it, arguing that Uber is using an “ill-fitting” state law to justify its claims. DoorDash, which has two-thirds of the U.S. food delivery market, argued in …
People Moves: Dutcher Joins RMIC as Marketing Representative for Indiana and Michigan
Rockford Mutual Insurance Company (RMIC), headquartered in Rockford, Illinois, appointed Levi Dutcher as marketing representative for the states of Indiana and Michigan. Dutcher, based in Grand Rapids, Michigan, most recently served as senior field territory manager with Farmers Insurance, where …
Alabama House Advances Bill to Let Police Enforce Immigration Laws
MONTGOMERY, Ala. (AP) — Alabama lawmakers advanced legislation last week that would allow local law enforcement to enforce immigration law, as conservative legislators push for increased alignment with the federal government’s crackdown on immigration. The bill was dubbed “Laken Riley …
Dallas Area Reports First Measles Case, in Middle School Child
A middle schooler in the Dallas-Fort Worth area has tested positive for measles, the first known case in the urban area, a health official from Collin County confirmed. The young person is located in Lucas, about 30 miles north of …
Louisiana Dept. of Insurance Earns NAIC Accreditation; Names Leadership Roles
The Louisiana Department of Insurance (LDI) said it has successfully completed the requirements and earned full national accreditation from the National Association of Insurance Commissioners (NAIC) for its work to promote effective financial solvency regulation. NAIC CFO James Woody said …
Georgia Commissioner Says Rates to Drop This Year After Tort Reform Passage
Georgia Insurance Commissioner John King predicted property-casualty insurance rates will drop 3% to 5% in the next year after lawmakers approved significant tort reform measures. He also seemed to warn insurance companies about filing for major increases, according to news …
Judge Awards North Dakota Nearly $28M Over Dakota Access Pipeline Protests
A federal judge on Wednesday found the state of North Dakota entitled to nearly $28 million for responding to protests of the Dakota Access oil pipeline in 2016 and 2017 — a win for the state in its multiyear effort …
Business Moves: Ardonagh Acquires Zurich’s SRB Assekuranz Broker; Optio Completes Purchase of Norwegian MGA, S Insurance
Ardonagh Acquires Zurich-Based SRB Assekuranz Broker The Ardonagh Group, the London-based independent insurance distribution platform, announced it has acquired the Zurich-based broker SRB Assekuranz Broker AG (SRB). Founded in 1980, SRB focuses on corporate customers, primarily in the industrial sector. …
World’s First Catastrophe-Bond ETF Falters in ‘Crazy’ Market
The world’s first-ever exchange-traded fund based on catastrophe bonds has failed to get the seed capital it expected after launching on the eve of the Trump administration’s tariff war. “Some of our seed capital investors are sitting on the sidelines …
Britain’s M&S Stops Taking Online Orders After Cyber Attack
Marks & Spencer stopped taking online orders in the UK and Ireland on Friday following a cyber attack which it reported earlier in the week, an announcement which sent its shares down by 5%. The British company, which sells its …
California Wildfire Losses Cause 16% Fall in The Hartford’s Q1 Net Income
Net income at The Hartford decreased 16% to $630 million in the first quarter 2025, driven by losses from the California wildfires. Property/casualty catastrophe losses for Q1 2025 were $467 million pretax—$325 million, net of reinsurance, from the California wildfires …