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Today’s Insurance News
Source: Insurance Journal
  • Los Angeles Paying $1.6M to Settle Suits Alleging Police WrongdoingLos Angeles Paying $1.6M to Settle Suits Alleging Police Wrongdoing
    Los Angeles will pay nearly $1.6 million to settle three lawsuits involving alleged wrongdoing by the city’s police department, a newspaper reported. The City Council voted 12-1 this week to approve the payouts, which include $1.15 million for the shooting … Read more »
  • IRS Urges Participants in ‘Abusive’ Micro-Captives to Get Out NowIRS Urges Participants in ‘Abusive’ Micro-Captives to Get Out Now
    Internal Revenue Service officials are again urging participants in “abusive” micro-captive insurance arrangements to exit these transactions as soon as possible. The IRS considers that many micro-captive arrangements are not really about insurance. The IRS has stepped up examinations of … Read more »
  • Mississippi Probes Cases of Hepatitis in Restaurant Workers
    State health officials are investigating two cases of hepatitis A in Jackson County restaurant employees. The cases potentially led to exposure for customers, The Mississippi State Department of Public Health said. Two employees of Brady’s Steaks and Seafood in Pascagoula … Read more »
  • Florida Senate Passes Property Insurance Reform Bill
    A bill backed by the Florida insurance industry and other stakeholders aimed at addressing the state’s insurance market woes was passed in the Senate chamber this week but faces an uncertain future as the companion bill in the Florida House … Read more »
  • Report: Carjackings, Thefts Up Significantly in New Orleans
    Carjackings are on the rise in New Orleans, authorities say. Carjackings are up more than 60% compared to last year, WGNO-TV reported. So far in 2021, more than 70 people have been victims of the crime in New Orleans compared … Read more »
  • People Moves: Dietrich Named CEO, Hiscox Europe; Hartford’s Milner to Canopius; Agile Risk’s Foster to IGI; HDI Promotes DigmanPeople Moves: Dietrich Named CEO, Hiscox Europe; Hartford’s Milner to Canopius; Agile Risk’s Foster to IGI; HDI Promotes Digman
    This wrap-up of International People Moves details recent appointments at Hiscox, Canopius, IGI and HDI Global. A summary of these new hires follows here. Hiscox Specialist global insurer Hiscox has appointed Robert Dietrich as the new CEO of Hiscox Europe. … Read more »
  • Alabama House Committee Advances Medical Marijuana Bill
    A medical marijuana bill on Wednesday cleared its first major hurdle in the Alabama House of Representatives. The House Judiciary Committee approved the bill after lengthy debate and multiple amendment attempts. The bill now goes to the Health Committee after … Read more »
  • Indiana Farmers Insurance Will Enter Ohio in 2021
    Indiana Farmers Insurance plans to enter the Ohio property/casualty insurance market this year. The Carmel, Indiana-based company, which distributes its products through independent insurance agents, will write commercial lines and farm insurance in Ohio. “In 2019, we successfully took our … Read more »
  • Distracted Driving a Major Problem in Texas, Transportation Officials Say
    Distracted driving comes in second for the cause of traffic crashes in Texas, state transportation officials say. The Texas Department of Transportation (TxDOT) reports that one in five traffic crashes are caused by cell phone use and other distracted behavior. … Read more »
  • Authorities: Explosion at Ohio Plant Leaves 8 Hurt, 1 Missing
    One person was killed and eight others were injured in an explosion and fire on April 8 at a paint manufacturer’s plant in Ohio’s capital city, firefighters said. Authorities in Columbus were investigating what caused the explosion shortly after midnight … Read more »
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