A Look at the $100B Disaster Relief in the Government Spending Bill
Congress is allocating more than $100 billion in emergency aid designed to address extensive damage caused by disasters after this week’s scramble to find consensus on a government spending bill. The money comes after back-to-back hurricanes — Helene and Milton …
Florida DFS Posts Latest Enforcement Actions Against Agents, Adjusters
Florida’s Department of Financial Services has posted its enforcement actions for much of the last half of 2024, listing 12 insurance agents and 43 adjusters who were penalized, suspended, or had their licenses revoked or voluntarily surrendered them. From June …
The War on Wildfires Is Going High-Tech
Last December, a farmer was burning dry grapevines in his vineyard in Deir Mar Moussa, a hill town a dozen miles east of Beirut known for its 18th century monastery and stands of pine forest. Usually this would be dangerous, …
National Flood Insurance Program Authorized to Continue Through Mid-March
The National Flood Insurance Program has been renewed for another three months. On Dec. 21, 2024, the day after it was set to expire, the president signed legislation passed by Congress that funds the federal government and extends the NFIP’s …
Flood Gates Removed From Storm Plan for Jersey Shore’s Back Bays
federal government has dropped huge gates at the mouths of three inlets, as well as internal waterway barriers from a plan to protect New Jersey’s back bays from the type of catastrophic flooding they endured during Superstorm Sandy. Instead, the …
Young Drivers Warned That Policy ‘Fronting” Is Fraud
One in six (17%) young drivers admit to being on a ‘fronted’ policy, which is illegal, according to research by United Kingdom insurer Aviva. Fronting is a form of insurance fraud where the young driver is listed as a named …
People Moves: Petruziello Joins Alliant Employee Benefits Group
Mark Petruziello joined Alliant Insurance Services as vice president within its employee benefits group. Based in California, he will work with clients across the West region. Petruziello has more than a decade of experience in strategic consulting, focusing on HR …
Global Disease Resurgence in 2024 Shows Rising Health Threat
Some infectious diseases saw a huge surge in 2024, with the spread attributed in part to climate change, declining vaccination rates and the advent of new pathogen variants. The findings, part of a preliminary analysis by London-based disease forecasting firm …
Oregon OSHA Fines Contractor $135K for Repeated Fall Hazard Violations
The Oregon Occupational Safety and Health Division fined a Newberg contractor $135,407 for repeatedly failing to protect employees from work-related hazards. In one of the violations, View Top Construction LLC reportedly did not ensure workers were protected from falls of …
3rd-Party Litigation Funding, Federal Regs Among Insurance Trades’ Priorities for 2024
Insurance trade organizations are always working for the industry so Insurance Journal asked them: What are the top priorities and/or challenges heading into 2025? Here are the responses we received: David A. Sampson, president and CEO, American Property Casualty Insurers …
Ex-Citigroup Trader Wins Unfair Dismissal Case in Hong Kong
An Asia equity sales trader who was fired from Citigroup Inc. in 2019 won an employment suit against the US bank, Hong Kong’s Labour Tribunal ruled on Monday. Citigroup failed to justify its “summary dismissal” of former employee Cindy Lui, …
Consumer Bureau Accuses Rocket Homes of Illegal Kickbacks in Mortgage Scheme
The top U.S. watchdog agency for consumer finance on Monday accused Rocket Homes, a unit of Rocket Companies, and The Jason Mitchell Group of real estate brokerages of an illegal kickback scheme to steer mortgage applications back to Rocket. According …
New Hampshire Police Investigating Case of Man Found Dead at Insurance Department
The New Hampshire State Police reported that troopers are investigating the death of an adult male found dead at the New Hampshire Insurance Department (NHID). Investigators said they do not believe the death is suspicious and there was no public …
Texas Contractor Faces $107K Fine for Exposing Workers to Trench Collapse
A U.S. Department of Labor workplace safety investigation has found a Frisco, Texas contractor repeatedly exposed workers to serious hazards by sending them into unprotected trenches without providing a means of escape. The department’s Occupational Safety and Health Administration investigated …
Former New Orleans Sewerage & Water Board Employee Arrested for Workers’ Comp Fraud
Louisiana Attorney General Liz Murrill’s Louisiana Bureau of Investigation Special Agents arrested a former employee with the Sewerage & Water Board of New Orleans on December 20 for allegedly committing workers’ compensation fraud. On August 27, 2024, LBI Special Agents …
Nebraska AG Sues Change Healthcare Over Data Breach
Nebraska Attorney General Mike Hilgers filed a lawsuit last week in Lancaster County District Court against Change Healthcare alleging violations of the state’s Consumer Protection and Data Security Laws. The complaint stems from a February data breach and subsequent operational …
Arthur J. Gallagher & Co. Acquires Illinois’ Afina Insurance
Arthur J. Gallagher & Co. announced the acquisition of Oakbrook Terrace, Illinois-based Afina Insurance Advisors Inc. (Afina Insurance). Terms of the transaction were not disclosed. Afina Insurance is a property/casualty insurance broker serving clients in greater Chicago. George Van Denend …
Claims Satisfaction Leaders Reveal Secrets to Success
What is the secret to an insurance claims experience that satisfies customers? For years, J.D. Power has conducted surveys and curated lists recognizing insurers that succeed at providing satisfactory claims experiences. Carrier Management recently asked claims leaders at two of …
What Changes Should Small Businesses Be Aware of for 2025?
For small businesses, the biggest change in the new year will be the arrival of a presumably more business-friendly administration in Washington. But there are other shifts owners should keep on their radar. Among them: changes to state-level overtime and …
Five Collision Claim Trends to Watch in 2025
The auto insurance industry has weathered its share of storms in recent years. Despite fewer claims in early 2024, carriers still face headwinds when it comes to vehicle complexity and its effect on severity and cycle time. Following are the …

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