Archive: April 2024

Swiss Women Win Big in Landmark Climate Case. Where Do US Climate Cases Stand?
Insurance Journal | April 10, 2024
Swiss Women Win Big in Landmark Climate Case. Where Do US Climate Cases Stand?
A landmark climate change ruling from the European Court of Human Rights on Tuesday found that the Swiss government had violated the human rights of its citizens by failing to do enough to combat climate change, in a case brought …
Employers Can’t Use Vicarious Liability to Block Negligence Claims, TN High Court Says
Insurance Journal | April 10, 2024
Employers Can’t Use Vicarious Liability to Block Negligence Claims, TN High Court Says
The Tennessee Supreme Court this week dealt a blow to businesses and insurance companies, finding that employers can no longer argue that direct negligence claims are barred when the business admits vicarious liability for a worker’s actions. “We hold that …
People Moves: BenefitMall Expands Southern California Team
Insurance Journal | April 10, 2024
People Moves: BenefitMall Expands Southern California Team
BenefitMall named Patrice Evart a benefits sales executive for Southern California. Evart has 30 years of experience specializing in employee benefits for employers in Southern California. She recently joined BenefitMall after more than 25 years at Warner Pacific, most recently …
California Lawmakers Introduce Disaster Resiliency Bill to Aid State’s Insurance Issues
Insurance Journal | April 10, 2024
California Lawmakers Introduce Disaster Resiliency Bill to Aid State’s Insurance Issues
California representatives Mike Thompson (D-CA) and Doug LaMalfa (R-CA) introduced the Disaster Resiliency and Coverage Act of 2024. H.R. 7849 would provide homeowners in disaster-prone regions with incentives to harden their properties against wildfires and other risks. The legislation is …
Oregon Division of Financial Regulation Fines State Farm $200K
Insurance Journal | April 10, 2024
Oregon Division of Financial Regulation Fines State Farm $200K
The Oregon Division of Financial Regulation issued a $200,000 fine against State Farm after the company reportedly failed to send notices over the past six years informing its insureds of their ability to request an annual credit check, which could …
Virginia Gov. Youngkin Seeks to Fix ‘Bad Faith’ Bill That Insurers Wish He’d Veto
Insurance Journal | April 9, 2024
Virginia Gov. Youngkin Seeks to Fix ‘Bad Faith’ Bill That Insurers Wish He’d Veto
Virginia Gov. Glenn Youngkin has returned a “bad faith” insurance claims bill to the General Assembly with recommendations for changes, disappointing property/casualty insurers that were hoping he would veto the measure. Youngkin’s action keeps the measure alive for reconsideration by …
Unlicensed Home Warranty Company Ordered to Cease-and-Desist in Oklahoma
Insurance Journal | April 9, 2024
Unlicensed Home Warranty Company Ordered to Cease-and-Desist in Oklahoma
The Oklahoma Insurance Department (OID) issued a Cease-and-Desist Order against First Premier Home Warranty Corp. for unauthorized sale of home warranty contracts in Oklahoma. Effective immediately, the company is required to halt all sales activities in the state. The OID …
Construction-Focused MGA, Phoenix Specialty, Launches With Capacity From AXA UK
Insurance Journal | April 9, 2024
Construction-Focused MGA, Phoenix Specialty, Launches With Capacity From AXA UK
Acies MGU, the London-based managing general underwriter and MGA incubator, announced the launch of Phoenix Specialty, a specialist MGA serving the construction sector. Phoenix will be led by managing director Tim James, subject to regulatory approval. James led the successful …
Texas A&M Considers Restoring Bonfire Tradition After 1999 Tragedy
Insurance Journal | April 9, 2024
Texas A&M Considers Restoring Bonfire Tradition After 1999 Tragedy
Building the Aggie bonfire was once among the most prized student traditions at Texas A&M University. That changed when the 60-foot stack of logs fell and killed 12 people in 1999, becoming one of the most painful chapters in the …
New $20 Minimum Wage for Fast Food Workers in California Began Monday
Insurance Journal | April 1, 2024
New $20 Minimum Wage for Fast Food Workers in California Began Monday
Most fast food workers in California will be paid at least $20 an hour began Monday, when a new law kicked in giving more financial security to an historically low-paying profession while threatening to raise prices in a state already …