Category: Insurance Journal

Louisiana Opens Insurer Application Period for Incentive Program
Insurance Journal | February 10, 2023
Louisiana Opens Insurer Application Period for Incentive Program
Louisiana Insurance Commissioner Jim Donelon announced that the 30-day application period for insurance companies to apply for Insure Louisiana Incentive Program funding is now open. Insurance companies that are interested in participating can learn more and apply at ldi.la.gov/insurela. The …
People Moves: Aura Risk Management Names Morrison SVP; RYZE Claim Solutions Promotes Isaacs to EVP/CPO
Insurance Journal | February 10, 2023
People Moves: Aura Risk Management Names Morrison SVP; RYZE Claim Solutions Promotes Isaacs to EVP/CPO
Aura Risk Management Introduces Morrison as Senior Vice President Aura Risk Management & Insurance Services, a member of The Liberty Company Network of Insurance Brokers, has brought aboard Eric Morrison as senior vice president. Morrison will be leading efforts to …
Illinois Truck Parts Company to Settle $200K Sexual Harassment Suit
Insurance Journal | February 10, 2023
Illinois Truck Parts Company to Settle $200K Sexual Harassment Suit
CHICAGO – Monro, Inc., owner and operator of more than 1,000 auto care locations across the country, will pay $200,000 and provide other relief to resolve a sexual harassment lawsuit filed by the U.S. Equal Employment Opportunity Commission (EEOC), the …
NFL Is Sued for ‘Systematic Bias’ in Denying Former Players’ Disability Claims
Insurance Journal | February 10, 2023
NFL Is Sued for ‘Systematic Bias’ in Denying Former Players’ Disability Claims
Three days before the Super Bowl, the National Football League faces a proposed class action lawsuit by former players who claim its disability plan prevents them from getting the treatment they need. Ten former pros allege in the suit, filed …
Insurance Office Of America Names CEO, President
Insurance Journal | February 10, 2023
Insurance Office Of America Names CEO, President
Insurance Office of America (IOA) has appointed Jeff Lagos as CEO and Rob Motley as president in addition to their continuing roles on the IOA Board of Directors. Lagos has been president since 2003 of IOA, the fourth largest privately …
Insurers’ Claims File, Adjuster Notes Not Always Discoverable, Says Florida Appeals Court
Insurance Journal | February 10, 2023
Insurers’ Claims File, Adjuster Notes Not Always Discoverable, Says Florida Appeals Court
Insurance companies in Florida may have to disclose their financial relationships with expert witnesses, but they don’t have to turn over their entire claims files and field adjusters’ notes, at least in some cases. Florida’s 4th District Court of Appeals …
Family Sues Fraternity for $28M Over Pledge’s Hazing Death
Insurance Journal | February 10, 2023
Family Sues Fraternity for $28M Over Pledge’s Hazing Death
The family of a Virginia Commonwealth University fraternity pledge who died from alcohol poisoning in a 2021 hazing is suing the fraternity for $28 million. A police investigation found that Adam Oakes, a 19-year-old who had received a bid to …
Philadelphia Eagles Team Loses to Ex-Player in Workers’ Compensation Fight
Insurance Journal | February 10, 2023
Philadelphia Eagles Team Loses to Ex-Player in Workers’ Compensation Fight
The National Football League’s Philadelphia Eagles football team has failed to score a victory in a disability case involving former linebacker Emmanuel Acho who suffered thumb injuries in 2015 while with the team. The 2023 Super Bowl team disputed disability …
Insurers View New Car Sales Rise in California as More Evidence for Rate Filings
Insurance Journal | February 9, 2023
Insurers View New Car Sales Rise in California as More Evidence for Rate Filings
New figures show car sales in California continue to slowly return to pre-pandemic levels, which the state’s auto insurers believe is another indication the state’s insurance regulator needs to approve more rate filings. The California New Car Dealers Association this …
Illinois Bill Would Limit Criteria for Setting Auto Insurance Rates
Insurance Journal | February 9, 2023
Illinois Bill Would Limit Criteria for Setting Auto Insurance Rates
A bill proposed by an Illinois lawmaker this week would prohibit auto insurers from setting rates based on credit score, race and sex among other criteria, an action that the insurance industry says would drive down competition and increase rates. …