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News – Insurance Journal

Damage to West Virginia Power Grids from Winter Storm Delays Power Restoration
Some West Virginia residents are waiting longer than anticipated for their power to come back on after utility crews found new damage from ice storms earlier this month. Drone and helicopter surveillance found the new damage from the Feb. 11 …

POSTED FEBRUARY 26, 2021 5:46 PM
Illinois Bill Would Move Workers’ Comp Fraud Probes to Insurance Department
A bill filed in the Illinois General Assembly would transfer the responsibilities for investigating workers’ compensation fraud to the state insurance department. Under HB 2947, the pending business of the Illinois Workers’ Compensation Commission’s Insurance Compliance Division would be transferred …

POSTED FEBRUARY 26, 2021 5:43 PM
Family of West Virginia Gov to Pay $270K in Suit Over Mine Discharges
A coal company controlled by the family of West Virginia Gov. Jim Justice must pay $270,000 to a nonprofit land protection group and comply with selenium discharge limits under a settlement approved by a federal judge. U.S. District Judge David …

POSTED FEBRUARY 26, 2021 5:43 PM
Southern Exposure: Cold Wreaks Havoc on States with Aging Waterworks
The sunshine is back and the ice has melted. But more than a week after a deep freeze across the South, many communities are still grappling with getting clean water to their citizens. For years, experts have warned of the …

POSTED FEBRUARY 26, 2021 5:38 PM
Nebraska County to Pay $120K to Settle 911 Wrongful Death Lawsuit
Douglas County, Nebraska, has agreed to pay $120,00 to settle a lawsuit by the family of a woman who died while waiting nearly an hour for rescuers to find her Omaha home after she called 911. The Douglas County Board …

POSTED FEBRUARY 26, 2021 4:58 PM
Judge Strikes Down Parts of Michigan Towing Law
A judge has struck down portions of a Michigan towing law as unconstitutional after low-income Detroit residents shared extraordinary stories of high fees and frustration about the whereabouts of their vehicles. The case centered on the practices of Detroit police …

POSTED FEBRUARY 26, 2021 4:56 PM
Ryan Specialty Group Expands Executive Team; Turner Becomes President
Ryan Specialty Group has expanded and revised its executive leadership team. The changes become effective March 1, 2021. Timothy W. Turner will add the title and responsibilities of president of Ryan Specialty Group. Turner has been chairman and chief executive …

POSTED FEBRUARY 26, 2021 3:18 PM
Brown & Brown Brings Its Wholesale Units Under Bridge Specialty Brand
Global insurance broker Brown & Brown has consolidated its broad wholesale operations under one brand name, Bridge Specialty Group. As a group, the more than 25 wholesale units place more than $3 billion in premium. Wholesale brokerage total revenues for …

POSTED FEBRUARY 26, 2021 2:58 PM
Washington State Pushing Measure to Create Office of Cybersecurity
In response to a security breach that exposed personal information from around 1.6 million unemployment claims filed last year, the Washington Senate has unanimously passed a measure that creates a state Office of Cybersecurity. The measure, passed by the chamber …

POSTED FEBRUARY 26, 2021 2:53 PM
Specialty Re/insurer SiriusPoint Launches with More Than $3 Billion in Capital
SiriusPoint Ltd., the Bermuda-based international specialty insurance and reinsurance company, has launched today with more than $3 billion in initial capital. The company was created from the merger of specialty reinsurer Third Point Reinsurance Ltd. and Sirius International Insurance Group …

POSTED FEBRUARY 26, 2021 2:24 PM

NOTICE: The links and articles found on or within this news center are simply for informational purposes that we believe may be of benefit to our clients and/or website visitors. By providing these links on our website, we are not recommending or endorsing the use of the particular products or services these third parties offer. Nor does Heil and Kay Insurance Agency Inc. confirm, corroborate or agree to the statistics or opinions on these links and articles. We urge you to review each website’s Privacy Policy, Disclaimers, and develop an independent opinion of the service or product for any link pursued.

 

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