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Industry News

FAIR Plan Asks Court to Stop California Insurance Commissioner’s Order

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

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 expenditures while allowing policyholders to digitally participate …
Florida Reports Second Vaping-Related Death, Increase in illnesses

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, which rose from …
Florida Officials Plan to Raise $100M for Reef Restoration in Florida Keys

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 the Florida …
Ratings of Kansas’ Farmers Alliance Mutual Insurance, Subsidiaries Upgraded

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, Alliance Indemnity Co. and …
McDonald’s Wins Battle With Labor, Avoids Joint Employer Liability with Franchises

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

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” announced …
Sandy Hook Families Get Gunmaker Trial Nine Years After Attack

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-style rifle the …
Driver Privacy Concerns in Auto Insurance. There’s an App for That.

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

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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