INSURANCE NEWS
Massachusetts Cites Burger King, Settles With Popeyes Over Labor Law Charges
Massachusetts Attorney General Andrea Joy Campbell has issued citations against Northeast Foods LLC, a company which operates Burger King franchise locations across Massachusetts, for allegedly violating various state employment laws, including child labor laws. The citations, totaling approximately $2,029,754, include …
Former State Employee Pleads Guilty to Insurance Fraud and Felony Theft
A former state employee in Maryland has pleaded guilty in separate cases involving insurance fraud and felony theft. According to Maryland Attorney General Anthony G. Brown, the charges against Shanell Angelia West, of Essex, Maryland, stemmed from her actions during …
Summit Expands Workers’ Comp Coverage to Illinois
Summit, a regional provider of workers’ compensation insurance services, announced the expansion of its coverage into Illinois. Summit-managed carriers, Bridgefield Casualty Insurance Company®, Bridgefield Employers Insurance Company® and Bridgefield Indemnity Insurance Company℠ have received regulatory approval from the Illinois Department …
Strong Northern California Quake Triggered Brief Tsunami Warning
A magnitude-7.0 earthquake off the coast of Northern California triggered a brief tsunami warning across a swath of the U.S. West Coast. The tsunami threat was declared over less than an hour later even as the area experienced multiple aftershocks. …
Maryland to Require Security Guard Licensing, Proof of Insurance
Starting January 1, 2025, Maryland will begin requiring businesses employing security guards or in-house loss prevention personnel to meet new licensing and certification requirements and provide proof of insurance. According to the legislation (Senate Bill 760 (2023), any business or …
Bullets in UnitedHealthcare CEO Death Inscribed With ‘Depose,’ ‘Delay’
The words “delay” and “depose” were written on a shell casing and a live round recovered in front of the New York Hilton Midtown, where UnitedHealth Group Inc. insurance chief Brian Thompson was fatally shot on Wednesday, according to people …
GEICO Chooses North Texas as Operation Hub for Commercial Insurance Business
GEICO announced the addition 500 new jobs in North Texas in an expansion of its commercial insurance business. Of these positions, 300 will support GEICO’s commercial operations at its Richardson office, which has been designated as a main hub to …
UK Insurer Aviva Said to Boost Direct Line Takeover Bid to £3.4 Billion
Aviva Plc has increased its offer for Direct Line Insurance Group Plc to about £3.4 billion ($4.4 billion), days after its initial proposal to buy the UK motor insurer was rejected, people with knowledge of the matter said. London-listed Aviva …
People Moves: Benekiva Makes Key Leadership Appointments
Benekiva, headquartered in West De Moines, Iowa, expanded its leadership team with several new appointments. Krista Eger, vice president of product, previously served as Benekiva’s director of product. Before joining Benekiva, she served as safe agile product owner II – …
Texas DWC Seeks Public Comment on Telemedicine Rule Proposal
The Texas Department of Insurance, Division of Workers’ Compensation (DWC) is seeking public comments for a proposed rule to allow treating doctors to perform maximum medical improvement examinations by telemedicine or telehealth. DWC said the amendments are necessary to allow …
AM Best Revises Outlook to Positive for CNA
AM Best has revised the outlooks to positive from stable and affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICRs) of “a+” (Excellent) of the property/casualty (P/C) subsidiaries of CNA Financial Corporation, …
Texas Power Grid Operator Says State is Better Prepared for Extreme Cold
Texas’ grid operator warned that the state should prepare for extreme cold this winter but said the state’s main power grid is better equipped than in previous years to withstand a powerful winter storm. At a board meeting on Tuesday, …