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Texas Labs to Pay $56 Million to Settle Fraud Complaint

Jul 26, 2019 A group of five drug-testing laboratories in Texas will pay $56.2 million to UnitedHealthcare to settle allegations they submitted millions of dollars in...

Erie Insurance CEO: Combined Ratio Worsened on Severe Spring Storm Losses

Jul 26, 2019 Losses from an extremely active spring storm season led to a 15.5 point worsening of the second-quarter combined ratio at Erie Insurance,...

Aflac CEO: No Evidence Japan Post Investigation Will Affect Company’s Business

Jul 26, 2019 Aflac Inc. reported slightly lower revenue and earnings for the second quarter, as the medical insurer’s chief executive officer said...

Kuvare US Holdings to Acquire Lincoln Benefit Life

Jul 26, 2019 Kuvare US Holdings’ affiliate Guaranty Income Life Insurance Co. is acquiring Lincoln Benefit Life Co. and its affiliates and all subsidiaries of its parent, RL...

Insurance Journal

Gaspar Insurance Acquires Elden Insurance in Southern California

Jul 26, 2019 Gaspar Insurance Services has acquired Elden Insurance Services Inc. in Canoga Park, Calif. Plans call for Elden Insurance owner Dennis Helio to retire. Elden...

Canadian Firm Sues Oklahoma Marijuana Dispensary for Copyright Infringement

Jul 26, 2019 A Canadian children’s entertainment company is suing an Oklahoma medical cannabis dispensary chain accusing it of copyright infringement....

Iowa Insurance Agent Charged with Fraud

Jul 26, 2019 The Iowa Insurance Division reported that insurance agent Christine Wilson, age 43, of Moravia, has been charged with two counts of Fraudulent Submissions (Class D Felony). The charges...

Wisconsin’s McDonald Insurance Agency Joins Keystone Insurers Group

Jul 26, 2019 Keystone Insurers Group (Keystone) has added McDonald Insurance Agency of Hudson to its list of Wisconsin partners. McDonald Insurance Agency has been serving...

Claims Journal

Hurricane Victims Frustrated with Slow Housing Recovery

Jul 26, 2019 SPRING LAKE, N.C. — The heating and air conditioning in Carrie Johnson’s home — damaged by Hurricane Matthew in 2016 — still wasn’t fixed...

Fire No Longer Threatens Key Idaho Nuclear Facilities

Jul 26, 2019 BOISE, Idaho — The nation’s primary nuclear research facility planned to go back to regular operations on Thursday after a change in wind direction pushed a wildfire...

New Auto Safety Technology Leaves Insurers in the Dark

Jul 26, 2019 Automakers are accelerating the rollout of technology designed to avoid crashes, but insurance companies are waving a caution flag at consumers eyeing discounts for buying...

Drones Do Deadly Work So You Don’t Have To

Jul 26, 2019 Here’s a job any worker would be happy to pass off to a drone: Imagine crawling down a ladder into the vast darkness of a 20-story-high storage tank filled with toxic chemical...