News – Insurance Journal

/News – Insurance Journal

About News – Insurance Journal

This author has not yet filled in any details.
So far News – Insurance Journal has created 3332 blog entries.
14 05, 2021

California Flooring Business Owners Charged for $3.8M Workers’ Comp Fraud

By | May 14th, 2021|Uncategorized|Comments Off on California Flooring Business Owners Charged for $3.8M Workers’ Comp Fraud

Ryan Black, 45, formerly of Fair Oaks, Calif., and Curtis Davis, 53, of Penryn, were both charged this week with three felony counts of workers’ compensation fraud after allegedly underreporting payroll and employees by more than $30 million to save …

12 05, 2021

People Moves: Outsource Insurance Professionals Adds Bentley in California, Resilience Adds Reed

By | May 12th, 2021|Uncategorized|Comments Off on People Moves: Outsource Insurance Professionals Adds Bentley in California, Resilience Adds Reed

Outsource Insurance Professionals has named Shawnae Bentley director of client relations. Bentley will oversee business development and marketing. Bentley has nearly 30 years of excess and surplus experience, most recently at Munich Re in their binding authority division. He was …

13 05, 2021

Mitchell | Genex | Coventry Enters Agreement to Acquire QualCare Alliance Networks

By | May 13th, 2021|Uncategorized|Comments Off on Mitchell | Genex | Coventry Enters Agreement to Acquire QualCare Alliance Networks

Mitchell | Genex | Coventry, a provider of cost containment technology, provider networks, clinical services, pharmacy benefit management (PBM) and disability management, has entered into a definitive agreement to acquire QualCare Alliance Networks Inc. (QANI), a managed care organization serving …

12 05, 2021

Oregon Ice Storm Repair Will Cost $4M-Plus

By | May 12th, 2021|Uncategorized|Comments Off on Oregon Ice Storm Repair Will Cost $4M-Plus

Officials in Salem, Ore., say damage from a February ice storm will cost about $4.6 million to repair. The Statesman Journal reported the money will be spend repairing infrastructure and clearing downed trees. As of April 21, a total of …

13 05, 2021

Oregon Grass Seed Dealer Paying $300K Settlement over Mislabeling

By | May 13th, 2021|Uncategorized|Comments Off on Oregon Grass Seed Dealer Paying $300K Settlement over Mislabeling

A Willamette Valley, Ore., grass seed dealer accused of mislabeling over 8 million pounds of seed will pay $300,000 in a settlement with Oregon state agriculture officials. Dynamic Seed Source LLC and owner Trevor Abbott have agreed to pay the …

10 05, 2021

Hub International Limited Acquires Assets of Ion Insurance Corporation

By | May 10th, 2021|Uncategorized|Comments Off on Hub International Limited Acquires Assets of Ion Insurance Corporation

Hub International Limited, a global insurance brokerage, has acquired the assets of Ion Insurance Corporation. Terms of the transaction were not disclosed. Headquartered in Cheshire, Connecticut, Ion Insurance is a full service, independent insurance agency providing personal and business insurance …

10 05, 2021

How Auto Insurers, Consumers Rode the Bumpy Year of Pandemic

By | May 10th, 2021|Uncategorized|Comments Off on How Auto Insurers, Consumers Rode the Bumpy Year of Pandemic

The U.S. auto insurance market experienced market disruption due to pandemic-related shopping volatility, an uptick in dangerous driving, policy renewal delays and fewer claims. But by the end of 2020, shopping volumes closed 5.3% higher than in 2019 and net …

10 05, 2021

M4.7 Quake Confirmed in California-Nevada Border Area

By | May 10th, 2021|Uncategorized|Comments Off on M4.7 Quake Confirmed in California-Nevada Border Area

A series of earthquakes – the largest with a preliminary magnitude of 4.7 – struck the California-Nevada border area Thursday night but there were no immediate reports of damage or injuries, the U.S. Geological Survey confirmed. The largest temblor struck …

10 05, 2021

Flooding from Fire-Charred Area Threatens Arizona City

By | May 10th, 2021|Uncategorized|Comments Off on Flooding from Fire-Charred Area Threatens Arizona City

It’s nearly two years since a fire burned nearly 3.1 square miles in hills north of Flagstaff but rows of concrete barriers and stacks of sandbags remain in place in neighborhoods along a wash. That’s because heavy storm runoff flowing …

10 05, 2021

Former California Agent Arraigned for Allegedly Stealing Insurance Payments

By | May 10th, 2021|Uncategorized|Comments Off on Former California Agent Arraigned for Allegedly Stealing Insurance Payments

Formerly licensed insurance agent Danny Raymond Armenta, 48, of Clovis, Calif. was arraigned on Monday in Fresno Superior Court on multiple felony counts of embezzlement, grand theft and diversion of fiduciary funds after allegedly using his position as an insurance …