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Category: Insurance Journal

BenefitMall Acquires Iowa-Based Mutual Med
Insurance Journal | August 30, 2022
BenefitMall Acquires Iowa-Based Mutual Med
BenefitMall, a provider of next-generation broker services, announced the acquisition of Mutual Med, a Davenport, Iowa-based insurance distributor providing sales counseling and support for benefits agents serving large groups, small groups, and individuals. With complementary carrier relationships and extensive voluntary …
World Insurance Associates Acquires Kansas’ Woody Insurance Group
Insurance Journal | August 30, 2022
World Insurance Associates Acquires Kansas’ Woody Insurance Group
World Insurance Associates LLC announced that it acquired The Woody Insurance Group of Prairie Village, Kansas on August 1, 2022. Terms of the transaction were not disclosed. The Woody Insurance Group has been providing insurance to individuals and businesses in …
Ohio Contractor Fined $228,000 for Exposing Workers to Hazards
Insurance Journal | August 30, 2022
Ohio Contractor Fined $228,000 for Exposing Workers to Hazards
A Dundee, Ohio contractor with a long history of federal workplace safety violations has added an additional $228,126 in fines to $108,318 in unpaid penalties with the U.S. Department of Labor’s Occupational Safety and Health Administration for again exposing workers …
California Faces Late-Summer Heat Wave
Insurance Journal | August 30, 2022
California Faces Late-Summer Heat Wave
California is facing a prolonged late-summer heat wave this week, with widespread triple-digit temperatures starting in the south and spreading northward, the National Weather Service said Monday. Excessive heat watches will go into effect Wednesday morning and remain in effect …
Texas DWC Proposes Seeks Comments on Designated Doctor Rules
Insurance Journal | August 30, 2022
Texas DWC Proposes Seeks Comments on Designated Doctor Rules
The Texas Department of Insurance, Division of Workers’ Compensation (DWC) informally proposes amendments to 28 Texas Administrative Code (TAC) Chapter 133, General Medical Provisions and 28 TAC Chapter 134, Benefits–Guidelines for Medical Services, Charges, and Payments to improve the designated …
UN Issues Flash Appeal for $160 Million to Help Pakistan With Floods
Insurance Journal | August 30, 2022
UN Issues Flash Appeal for $160 Million to Help Pakistan With Floods
The United Nations issued a flash appeal on Tuesday for $160 million to help Pakistan cope with catastrophic floods that have killed more than 1,100 people, destroyed infrastructure and crops, and affected 33 million people. Early estimates put the damage …
Biden Administration to Declare ‘Forever Chemicals’ Hazardous Substances
Insurance Journal | August 30, 2022
Biden Administration to Declare ‘Forever Chemicals’ Hazardous Substances
The Biden administration said on Friday it will propose designating certain “forever chemicals” as hazardous substances under the nation’s Superfund program, in a bid to spark cleanup of countless sites that have been found contaminated by the toxic industrial compounds. …
Generali Completes Acquisition of AXA’s Malaysian P/C and Life Businesses
Insurance Journal | August 30, 2022
Generali Completes Acquisition of AXA’s Malaysian P/C and Life Businesses
Generali has completed the acquisition of the majority stakes in the AXA’s property/casualty and life businesses in Malaysia, which will position it as a top-tier general (or P/C) insurer in the country, in line with its strategy to strengthen its …
Behavioral Health Linked to Workers’ Comp Recovery: Study
Insurance Journal | August 30, 2022
Behavioral Health Linked to Workers’ Comp Recovery: Study
Psychosocial factors are strong predictors of delayed recovery and other adverse outcomes in patients with work-related injuries. A recent white paper from the Workers Compensation Research Institute (WCRI) examines the correlations between a worker’s mental health and the time it …
Florida Staffing Firm Head Sentenced to 24 Years for Off-Book Labor Scheme
Insurance Journal | August 30, 2022
Florida Staffing Firm Head Sentenced to 24 Years for Off-Book Labor Scheme
From 2007 to 2021, federal prosecutors said, Mykhaylo Chugay and associates operated a number of shady staffing companies in south Florida that avoided paying more than $25 million in federal taxes. Last week, a federal judge sentenced Chugay to 24 …