News Archives - Insurance Journal

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3 07, 2023

Authorities: Fires That Damaged Arizona Homes Amid Hot Temperatures Spread From Palm Tree

By | July 3rd, 2023|Uncategorized|Comments Off on Authorities: Fires That Damaged Arizona Homes Amid Hot Temperatures Spread From Palm Tree

A fire that appeared to have started in a backyard palm tree spread through a Phoenix, Arizona neighborhood, destroying two homes and damaging four others as hot embers blew onto roofs and into other vegetation, authorities said. The Phoenix Fire …

3 07, 2023

Western Heat Wave Ahead of July 4th Raises Prompts Changes in Utah

By | July 3rd, 2023|Uncategorized|Comments Off on Western Heat Wave Ahead of July 4th Raises Prompts Changes in Utah

Extremely hot, dry conditions forecast across much of the West through the Fourth of July are heightening concerns about wildfires and the dangers of fireworks, including in Salt Lake City where officials are replacing their traditional explosive extravaganza with a …

3 07, 2023

People Moves: BindDesk Insurance Services in California Names Young President

By | July 3rd, 2023|Uncategorized|Comments Off on People Moves: BindDesk Insurance Services in California Names Young President

BindDesk Insurance Services, headquartered in San Diego, Calif., named Robert Young president. Young has more than 30 years of experience in the insurance industry. Young led the startups of two wholesale operations, Magellan Insurance Services and Valiant Insurance Services. His …

3 07, 2023

NCOIL Writes IRS, FTC on Rules it Says Infringe State Regulation

By | July 3rd, 2023|Uncategorized|Comments Off on NCOIL Writes IRS, FTC on Rules it Says Infringe State Regulation

The National Council of Insurance Legislators last week urged the Internal Revenue Service and the Federal Trade Commission to reconsider proposed rules that the organization said encroaches on state regulation. The first of the letters from NCOIL addresses a years …

3 07, 2023

Florida Injury Attorney Arrested in Homicide of his Father in Boca Raton

By | July 3rd, 2023|Uncategorized|Comments Off on Florida Injury Attorney Arrested in Homicide of his Father in Boca Raton

A south Florida injury attorney, suspended from practice this year over alleged financial irregularities, has been charged with murdering his father, Boca Raton lawyer Paul Labiner. News outlets and the Palm Beach County Sheriff’s Office reported that Brandon Scott Labiner, …

3 07, 2023

Risk Strategies Acquires Ohio’s First Insurance Group

By | July 3rd, 2023|Uncategorized|Comments Off on Risk Strategies Acquires Ohio’s First Insurance Group

Risk Strategies and Premier Financial Corporation announced that Risk Strategies has acquired Ohio-based First Insurance Group from Premier Financial Corp., (Nasdaq: PFC), a community banking and financial services holding company based in Defiance, Ohio. Founded in 1946, First Insurance Group …

3 07, 2023

TWIA Committee to Review 2023 Rate Adequacy at July Meeting

By | July 3rd, 2023|Uncategorized|Comments Off on TWIA Committee to Review 2023 Rate Adequacy at July Meeting

The Texas Windstorm Insurance Association (TWIA) Actuarial and Underwriting Committee will meet July 11 to review the association’s 2023 rate adequacy analysis. TIWA’s rate analysis for 2023 indicates that current rates are inadequate by 20% for residential coverage and 22% …

3 07, 2023

Thousands of Southern California Hotel Workers Strike, Demanding Better Pay and Benefits

By | July 3rd, 2023|Uncategorized|Comments Off on Thousands of Southern California Hotel Workers Strike, Demanding Better Pay and Benefits

Thousands of hotel workers in Southern California walked off the job on Sunday, demanding higher pay and better benefits in what the union is calling the largest strike in its history. Cooks, room attendants, dishwashers, servers, bellmen and front desk …

4 07, 2023

Mercury Offering New Homeowners and Renters Coverages and Discounts in Nevada

By | July 4th, 2023|Uncategorized|Comments Off on Mercury Offering New Homeowners and Renters Coverages and Discounts in Nevada

Los Angeles, Calif.-based Mercury Insurance announced five new coverages and five new discounts available for homeowners and renters in Nevada. Mercury’s new coverages provide additional insurance protections with an option for environmentally-friendly replacement products. Discounts are available for homeowners already …

4 07, 2023

Truck Driver Who Triggered Deadly Arizona Freeway Collision Had Just Been on Tiktok

By | July 4th, 2023|Uncategorized|Comments Off on Truck Driver Who Triggered Deadly Arizona Freeway Collision Had Just Been on Tiktok

A tractor-trailer driver was on the social media app TikTok just before causing a Phoenix-area freeway collision that killed five people, authorities said. The Arizona Department of Public Safety announced in a news release that 36-year- old Danny G. Tiner …