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News – Insurance Journal
Alera Group Acquires Legacy Risk & Insurance Services in California
Alera Group has acquired Legacy Risk and Insurance Services LLC in California. Legacy Risk is a provider of property/casualty solutions for commercial insurance and private client service offerings. The Legacy Risk team will continue serving clients in their existing roles. …
POSTED DECEMBER 04, 2020 11:26 PM |
California Workers’ Comp Attorney Arrested for $310K Fraud Scheme
Moses Luna, 73, of Newport Beach, Calif., was arrested this week on 20 felony counts of insurance fraud after allegedly billing 20 separate insurance companies for translation and interpreting services to collect over $310,000 in workers’ compensation fees. An investigation …
POSTED DECEMBER 04, 2020 11:20 PM |
Tennessee Lawmakers Explore Limiting Executive Authority During Health Crises
Tennessee lawmakers who have often been critical of government restrictions to curb COVID-19’s spread are suggesting ways to give themselves the power to limit or overturn emergency orders from the governor during future health crises. Amid the worsening pandemic, a …
POSTED DECEMBER 04, 2020 5:49 PM |
New Aon Cyber Offering Targets High Net Worth Individuals, Executives
Aon plc has expanded its Cyber Secure Select offering to include an enhanced cyber insurance program for high net worth individuals and executives. This new insurance offering in partnership with Aspen Insurance expands on Aon’s Cyber Secure Select, a collaboration …
POSTED DECEMBER 04, 2020 5:34 PM |
Texas Couple Sentenced to Prison in $15M Employee Benefit Plan Embezzlement Scheme
A Red Oak, Texas, couple have been sentenced to a combined 18-plus years in federal prison for their roles in a $15 million retirement plan embezzlement scheme, according to U.S. Attorney for the Northern District of Texas Erin Nealy Cox. …
POSTED DECEMBER 04, 2020 5:32 PM |
CRC Group Acquiring Assets of Louisiana’s Continental Underwriters
CRC Group, a nationwide wholesale distributor of specialty insurance products, has agreed to acquire the assets of Continental Underwriters. Headquartered in Covington, La., Continental provides primary marine, excess marine liabilities, ocean cargo and inland marine insurance. Led by CEO H. …
POSTED DECEMBER 04, 2020 5:11 PM |
Farmers in 21 Louisiana Parishes May Qualify for Hurricane Laura Aid
Farmers in 21 north and central Louisiana parishes may qualify for low-interest loans to cover losses from Hurricane Laura in August. These are parishes which did not already qualify under President Donald Trump’s disaster declaration in August. The U.S. Department …
POSTED DECEMBER 04, 2020 5:00 PM |
Brexit Trade Talks at ‘Very Difficult Point’ as Clock Ticks to Year-End Deadline
LONDON/BRUSSELS – European Union officials said on Friday a post-Brexit trade deal could finally be clinched this weekend, but London insisted that negotiations were still “very difficult” and it was determined to “take back control” from the bloc it left …
POSTED DECEMBER 04, 2020 4:51 PM |
Millennials, Women ‘Sandwiched’ as COVID-19 Shifts Caregiving Responsibilities
The demographics of the Sandwich Generation – those who care for both their children and aging parents – as well the financial responsibilities they face as a result of COVID-19— are changing. The Sandwich Generation has become increasingly younger, more …
POSTED DECEMBER 04, 2020 4:13 PM |
Homes Destroyed in Multiple Alaska Mudslides
Homes are believed to have been destroyed and at least two people are unaccounted for after multiple mudslides in the Alaska community of Haines on Wednesday, authorities said. The largest slide, about 600 feet wide, hit early Wednesday afternoon and …
POSTED DECEMBER 04, 2020 3:38 PM |
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