Industry News

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FAIR Plan Asks Court to Stop California Insurance Commissioner’s Order
December 13, 2019
Note: This is been updated with a statement from Lara’s office. The FAIR Plan today filed a petition for a writ of mandate seeking to have a court annul, vacate, or withdraw an order issued last month by the California …

Corelogic Integrates 3D Property Measurement into Underwriting Platform
December 13, 2019
CoreLogic, a global property analytics provider, has integrated HOVER property measurement and 3D technology into the CoreLogic UnderwritingCenter platform for insurance clients. The integration of HOVER provides carriers a way to manage inspection e …

Florida Reports Second Vaping-Related Death, Increase in illnesses
December 13, 2019
The Florida Department of Health says a second person in Florida has died due to complications from vaping. The Orlando Sentinel reported Wednesday that the department also reported a slight increase in the number of vaping-associated illnesses, whic …

Florida Officials Plan to Raise $100M for Reef Restoration in Florida Keys
December 13, 2019
Federal officials have announced plans to raise $100 million to fund projects to restore seven significant coral reef sites in the Florida Keys National Marine Sanctuary. “Mission: Iconic Reefs” calls for restoring nearly 70 acres (28 hectares) of th …

Ratings of Kansas’ Farmers Alliance Mutual Insurance, Subsidiaries Upgraded
December 13, 2019
AM Best has upgraded the Financial Strength Rating to A (Excellent) from A- (Excellent) and the Long-Term Issuer Credit Rating to “a” from “a-” of McPherson, Kansas-based Farmers Alliance Mutual Insurance Co. and its wholly-owned subsidiaries, Allian …

McDonald’s Wins Battle With Labor, Avoids Joint Employer Liability with Franchises
December 13, 2019
McDonald’s Corp. has won a huge victory in a multiyear legal battle over whether it should share responsibility for alleged labor violations in its franchisees’ restaurants, a case that posed a major threat to the franchise model underlying one of … …

5 Argo Group Directors Will Retire; Early Annual Meeting Planned
December 13, 2019
Five Argo Group directors plan to retire as of the beleaguered company’s 2020 annual meeting, the company disclosed on Dec. 11. Argo, a Bermuda-based specialty insurer and reinsurer, said that the decision is part of a “proactive refreshment process” …

Sandy Hook Families Get Gunmaker Trial Nine Years After Attack
December 13, 2019
Family members of nine children and educators killed in the 2012 Sandy Hook Elementary School massacre have received a September 2021 trial date in their landmark lawsuit against Remington Arms Co. over its marketing of the semiautomatic military-sty …

Driver Privacy Concerns in Auto Insurance. There’s an App for That.
December 13, 2019
Apps that let you book a ride to work or borrow a car for your next vacation are feeding into a revolution in auto insurance — while also raising some privacy red flags. Data on everything from how frequently a …

California Judge Allows Gender Pay Bias Suit Against Disney to Proceed
December 13, 2019
Walt Disney Co. failed to persuade a judge to dismiss a lawsuit by female employees who allege the company discriminates by paying male workers better. A state judge in Los Angeles found that the 10 current and former employees who …

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