(239) 334-7727

info@benfew.com

Category: Insurance Journal

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 …
Tainted Water Flowed to These Texans’ Homes for Three Years. No One Told Them.
Insurance Journal | April 1, 2024
Tainted Water Flowed to These Texans’ Homes for Three Years. No One Told Them.
MIDLAND COUNTY — Leslie Borrego lives in a modest house south of the city limits, built 24 years ago by her late husband Raúl, who died unexpectedly from an aneurysm four years ago. The walls, decorated with framed portraits of …
People Moves: BenefitMall Appoints Beckley as Houston Benefits Sales Executive
Insurance Journal | April 1, 2024
People Moves: BenefitMall Appoints Beckley as Houston Benefits Sales Executive
BenefitMall, headquartered in Dallas, hired Maggie Beckley as a new benefits sales executive for Houston. Beckley brings eight years of insurance industry experience to the role. Prior to joining BenefitMall, she worked as a sales executive, employee benefits for Assured …
People Moves: Acuity Promotes Freund, Kreif, Marthenze and Tyszka
Insurance Journal | April 1, 2024
People Moves: Acuity Promotes Freund, Kreif, Marthenze and Tyszka
Acuity Insurance, headquartered in Sheboygan, Wisconsin, promoted several team members to new positions. Promotions include: Katrina Freund, senior claims representative. Freund started her Acuity career in 2020 as a claims representative. Cori Kreif, associate actuary. Kreif joined Acuity in 2018 …
Arkansas Officials Mark Anniversary of Deadly Tornado
Insurance Journal | April 1, 2024
Arkansas Officials Mark Anniversary of Deadly Tornado
LITTLE ROCK, Ark. (AP) — Arkansas and local officials hailed the response from emergency workers, community groups and individuals on Friday as they marked the one-year anniversary of tornadoes that tore through the state and killed four people. Gov. Sarah …