Risk Management

News – Insurance Journal Insurance Journal delivers the latest business news for the Property/Casualty insurance industry

  • California Construction Worker Charged with Workers’ Comp Fraud
    by admin on January 22, 2021 at 10:38 pm

    Jose Zepeda, 45, of Fresno, Calif., self-surrendered this week on multiple felony counts of insurance fraud and attempted perjury after filing a workers’ compensation insurance claim and allegedly misleading the insurance carrier regarding his employment status in order to collect …

  • Jumpstart Parametric Earthquake Firm on Move in West
    by Don Jergler on January 22, 2021 at 6:56 pm

    Jumpstart Insurance Solutions Inc. is on the move in the earthquake-prone West – and the company is now working with insurance agents. Jumpstart, a licensed surplus lines insurance broker using Lloyd’s capacity, began offering earthquake insurance in California a little …

  • Alabama Transgender Driver’s License Policy Ruled Unconstitutional
    by Amy O'Connor on January 22, 2021 at 5:52 pm

    Alabama’s policy requiring a transgender person to undergo full gender reassignment surgery before they can change the sex on their driver’s license is unconstitutional, a federal judge ruled Friday. U.S. District Judge Myron Thompson said Alabama policy’s that people “can …

  • Biden Revokes Keystone XL Pipeline Permit; Construction Halted
    by Stephanie K. Jones on January 22, 2021 at 5:39 pm

    Construction on the long disputed Keystone XL oil pipeline halted on Jan. 21 as incoming U.S. President Joe Biden revoked its permit on his first day in office. The 1,700-mile (2,735-kilometer) pipeline was planned to carry roughly 800,000 barrels of …

  • Homeowners Claims, Delays Top Louisiana 2020 Storm Complaints
    by Stephanie K. Jones on January 22, 2021 at 5:34 pm

    The majority of complaint Louisiana insurance regulators have received in relation to the historic 2020 hurricane season concern homeowners insurance. The Louisiana Department of Insurance (LDI) reports that nearly 80 percent of the 873 complaints it has received about hurricane …