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News – Insurance Journal
Senators Still Working on Bipartisan Federal Police Reform Bill
U.S. Senator Tim Scott said he’s hopeful an agreement on police reform will be reached but vowed that any final accord wouldn’t “demonize” the police, including allowing individual officers to be sued in civil cases. “That is dead-stop not going …
POSTED JULY 26, 2021 5:00 AM |
Manufacturers Balk at ‘Right to Repair’ Initiative by Biden Administration
Americans would be freer to repair their broken cellphones, computers, videogame consoles and even tractors themselves, or to use independent repair shops, under changes being eyed by federal regulators. The regulators maintain that restrictions have steered consumers into manufacturers’ and …
POSTED JULY 26, 2021 5:00 AM |
Iowa Agent Placed on Probation Owes $30K, Has License Revoked
Des Moines, Iowa, Chad Mackland, of Council Bluffs, Iowa, recently submitted an Alford plea to the charge of Ongoing Criminal Conduct (Class B Felony) in Pottawattamie County District Court following an investigation by the Iowa Insurance Division’s Fraud Bureau. As …
POSTED JULY 23, 2021 4:18 PM |
72% of Minnesota in Severe Drought
The latest U.S. Drought Monitor shows 72% of Minnesota is currently experiencing severe drought — a big jump from a week earlier, when 52% of the state was considered to be in severe drought. Minnesota Public Radio News reports the …
POSTED JULY 23, 2021 4:07 PM |
Worker Shortage Hampers North Dakota Oil Production
Oil production is flat in North Dakota due to a workforce shortage as the industry recovers from the coronavirus pandemic. Companies say they are in need of workers to inject water, sand and chemicals down wells to crack open rock …
POSTED JULY 23, 2021 4:04 PM |
Alera Group Acquires Oklahoma’s Keller Insurance Agency
Alera Group, an independent, national insurance and wealth management firm based in Deerfield, Illinois, acquired Keller Insurance Agency, a firm specializing in commercial property/casualty insurance, with a particular focus in senior living facilities. Keller Insurance Agency is affiliated with Tulsa, …
POSTED JULY 23, 2021 4:03 PM |
W.R. Berkley Reports Strong Q2, Crediting Rate Adequacy, Improving Economy
W.R. Berkley Corp. reported net premium growth exceeding 27 percent and a combined ratio under 90 for the 2021 second quarter, positive results the commercial lines insurer and reinsurer attributed to rate adequacy and an improving economy. Consolidated net premiums …
POSTED JULY 23, 2021 2:56 PM |
Fire Crews Making Progress on Massive Oregon Blaze
The nation’s largest wildfire is still raging through southern Oregon but crews were scaling back some night operations as hard work and weaker winds helped reduce the spread of flames even as wildfires continued to threaten homes in neighboring California. …
POSTED JULY 23, 2021 2:52 PM |
Woman Dead, 3 Missing Following Flooding in Colorado Burn Area
A woman was found dead and three other people were missing after rain triggered flooding and mudslides in an area of northern Colorado burned by a large wildfire last year, authorities said Wednesday. The woman’s body was found near the …
POSTED JULY 23, 2021 2:47 PM |
Officials: Lightning Likely Caused 2020 California Forest Fire
A lightning strike likely ignited a 2020 wildfire in California’s Sierra National Forest, but the U.S. Forest Service said Friday it could not determine an official cause of the fire. September’s Creek Fire burned 600 square miles and spread so …
POSTED JULY 23, 2021 2:43 PM |
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