5 01, 2021

Two Businesses, Owners Charged with $2.6M Fraud Against New York State Insurance Fund

By | January 5th, 2021|Uncategorized|Comments Off on Two Businesses, Owners Charged with $2.6M Fraud Against New York State Insurance Fund

Two businesses and their owners have been charged with fraud against the New York State Insurance Fund (NYSIF). Manuel Sanchez and his business Lagos Construction have been charged with grand larceny and other crimes for allegedly failing to pay insurance …

5 01, 2021

Trump’s EPA Institutes Curb on ‘Secret’ Science Used in Formulating Regulations

By | January 5th, 2021|Uncategorized|Comments Off on Trump’s EPA Institutes Curb on ‘Secret’ Science Used in Formulating Regulations

The U.S. Environmental Protection Agency (EPA) chief said on Monday he has finalized a rule to limit what scientific research the agency can use to formulate regulations, in a concession to big business weeks before President Donald Trump leaves office. …

5 01, 2021

UK Broker Specialist Risk Group Acquires KBIS British Equestrian Insurance

By | January 5th, 2021|Uncategorized|Comments Off on UK Broker Specialist Risk Group Acquires KBIS British Equestrian Insurance

Specialist Risk Group (SRG), a London-based specialist insurance broker, announced it has acquired KBIS British Equestrian Insurance, a well-established broker within the equestrian market. Financial details of the transaction were not disclosed. Purchased by Guy and Liz Prest in 1991, …

5 01, 2021

S. Africa Medical Insurers, Business Groups, Government to Fund Vaccines for Uninsured

By | January 5th, 2021|Uncategorized|Comments Off on S. Africa Medical Insurers, Business Groups, Government to Fund Vaccines for Uninsured

South African medical-insurance companies, business organizations and the government are developing a program in which the private sector will help fund COVID-19 vaccines for people not covered by insurance. Legislation has been amended to allow the companies to fund shots …

5 01, 2021

Florida Court Upholds Policyholder Right to Assign Benefits

By | January 5th, 2021|Uncategorized|Comments Off on Florida Court Upholds Policyholder Right to Assign Benefits

An appellate court in Florida has upheld the right of policyholders to assign their right to collect benefits from an insurance claim to contractors, reversing trial court rulings in favor of insurers. The Florida 3rd District Court of Appeals ruled …

5 01, 2021

Riskiest Counties for Natural Disasters Are Not Always Where People Think

By | January 5th, 2021|Uncategorized|Comments Off on Riskiest Counties for Natural Disasters Are Not Always Where People Think

Spending her life in Los Angeles, Morgan Andersen knows natural disasters all too well. In college, an earthquake shook her home hard. Her grandfather was affected by recent wildfires in neighboring Orange County. “It’s just that constant reminder, `Oh yeah, …

5 01, 2021

Lava Spatters, Flows Inside Crater of Hawaii Volcano

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Lava spattered and flowed over the weekend inside the crater of a Hawaii volcano that began erupting in December. The Hawaiian Volcano Observatory said the lava is confined to the summit crater of Kilauea, the Honolulu Star-Advertiser reported. The eruption …

5 01, 2021

Judge Rules Former Viacom Shareholders Can Sue Over ViacomCBS Merger

By | January 5th, 2021|Uncategorized|Comments Off on Judge Rules Former Viacom Shareholders Can Sue Over ViacomCBS Merger

A Delaware judge ruled this week that former Viacom shareholders may pursue a lawsuit accusing Shari Redstone of engineering a “patently unfair” merger that created ViacomCBS Inc. so she could become a media magnate like her late father, Sumner Redstone. …

5 01, 2021

Judge OKs $20M Student Fee Refund Lawsuit Against University of Kentucky

By | January 5th, 2021|Uncategorized|Comments Off on Judge OKs $20M Student Fee Refund Lawsuit Against University of Kentucky

A Kentucky judge has ruled that a lawsuit seeking refunds for University of Kentucky students who had to vacate campus because of the COVID-19 pandemic could continue, the Lexington Herald-Leader reported. Franklin County Circuit Court Judge Phillip Shepherd ruled last …

5 01, 2021

National Lloyds in Texas Rebrands as National Summit Insurance

By | January 5th, 2021|Uncategorized|Comments Off on National Lloyds in Texas Rebrands as National Summit Insurance

Dallas-based National Lloyds Insurance Co. (National Lloyds), a subsidiary of ReAlign Insurance Holdings Inc. (ReAlign), has rebranded as National Summit Insurance Co. (National Summit). The rebranding follows the completion of all regulatory approvals leading to the conversion of National Lloyds …