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2 10, 2020

California Bills Signed into Law Related to Workers’ Comp

By | October 2nd, 2020|Uncategorized|Comments Off on California Bills Signed into Law Related to Workers’ Comp

California Gov. Gavin Newsom signed a handful of bills related to workers’ compensation, including bills dealing with COVID-19 and reporting the virus in the workplace. The Legislature recessed for the year on Aug. 31, and the governor had until Sept. …

2 10, 2020

California Commissioner Asks Insurers to Cover Wildfire Losses Sans Home Inventory

By | October 2nd, 2020|Uncategorized|Comments Off on California Commissioner Asks Insurers to Cover Wildfire Losses Sans Home Inventory

California Insurance Commissioner Ricardo Lara is asking insurance companies help wildfire survivors by providing up to 100% of personal property coverage limits without a detailed inventory to those who suffered a total loss of their home, similar to previous identical …

1 10, 2020

Georgia Diocese Accused of Covering Up Sex Abuse Allegations in Lawsuit

By | October 1st, 2020|Uncategorized|Comments Off on Georgia Diocese Accused of Covering Up Sex Abuse Allegations in Lawsuit

A lawsuit filed against a diocese in Georgia alleges officials knew about and covered up allegations that a Catholic priest sexually abused young students and failed to prevent the crimes more than 30 years ago. The lawsuit was filed last …

1 10, 2020

Tennessee Won’t Disclose Which Businesses Got Virus Relief

By | October 1st, 2020|Uncategorized|Comments Off on Tennessee Won’t Disclose Which Businesses Got Virus Relief

Tennessee has given more than $170 million in federal relief funds to businesses struggling to survive during the coronavirus pandemic, but top state officials aren’t saying exactly who is getting the money. “This is considered confidential taxpayer information,” state Department …

1 10, 2020

U.S. Treasury Warns Cyber Insurers Against Paying Ransomware Demands

By | October 1st, 2020|Uncategorized|Comments Off on U.S. Treasury Warns Cyber Insurers Against Paying Ransomware Demands

The U.S. Treasury Department is warning that individuals or businesses that help facilitate ransomware payments may be violating anti-money laundering and sanctions regulations. The warnings came in a pair of advisories, one from the Financial Crimes Enforcement Network (FinCEN) and …

1 10, 2020

Cannabis Broker Spotlight: Sawyer of Cross Insurance Says Work Building Cannabis Business Worth it

By | October 1st, 2020|Uncategorized|Comments Off on Cannabis Broker Spotlight: Sawyer of Cross Insurance Says Work Building Cannabis Business Worth it

Editor’s note: This part of a series of profiles on cannabis brokers, in which Insurance Journal explores why and how these folks got into the business, the ups and downs of insuring cannabis, as well as a few tips for …

1 10, 2020

California Governor Signs Four Bills Affecting Cannabis Industry

By | October 1st, 2020|Uncategorized|Comments Off on California Governor Signs Four Bills Affecting Cannabis Industry

California Gov. Gavin Newsom signed into law four bills affecting the cannabis industry, and vetoed one. The cannabis-related bills Newsom signed are: AB 1458 (Quirk): This bill raises the label variance threshold for edible products from plus or minus 10% …

1 10, 2020

CRC Group Acquires Specialty Risk Associates in Louisiana

By | October 1st, 2020|Uncategorized|Comments Off on CRC Group Acquires Specialty Risk Associates in Louisiana

CRC Group has acquired Specialty Risk Associates Inc. in Shreveport, La. Terms of the deal were not disclosed. The addition of Specialty Risk expands CRC Group’s binding, transportation binding and personal lines business. Specialty Risk Associates will be a part …

1 10, 2020

Administrative Judge in California Dismisses $18M in Liens from Provider Convicted of Fraud

By | October 1st, 2020|Uncategorized|Comments Off on Administrative Judge in California Dismisses $18M in Liens from Provider Convicted of Fraud

An administrative law judge in California has dismissed liens valued at $18 million filed by convicted medical provider Michael E. Barri, bringing to a close one of the earliest cases aimed at combatting fraud in California’s workers’ compensation system., the …

1 10, 2020

Ascot Names S&P’s Guijarro as U.S. Chief Risk Officer

By | October 1st, 2020|Uncategorized|Comments Off on Ascot Names S&P’s Guijarro as U.S. Chief Risk Officer

Specialty insurer Ascot announced the appointment of Steve Guijarro as U.S. chief risk officer and group head of Exposure Management. Guijarro will have primary responsibilty for Ascot’s enterprise risk management function in North America. In addition to his CRO duties, …