Monthly Archives: <span>January 2022</span>

New Jersey Governor Signs Auto Insurance Bad Faith Bill Into Law

New Jersey Gov. Phil Murphy has signed into law a bill that proponents have said makes the auto insurance claims process fairer for policyholders and businesses have warned will raise premiums. The New Jersey Insurance Fair Conduct Act gives motorists …

Adjuster Score, LLC Provides Standardized Testing for IA Industry

Firms can see at-a-glance applicant’s skill level Kalispell, MT, January 19, 2022- AdjusterTV.com and IAPath.com have joined forces to create standardized independent adjuster core competency testing – the first of it’s kind in the independent claims industry. Adjuster Score will …

California Police Officer Who Owned Security Firm Charged with Insurance Fraud

A retired San Jose Police officer who owns a security business pleaded no contest to insurance fraud, tax evasion, money laundering, and worker exploitation and is expected to be sentenced to three years in jail, prosecutors said Friday. Robert Foster, …

Biden Administration Unveils Plan to Combat Wildfires in Western States

The Biden administration on Tuesday unveiled a 10-year plan to treat and maintain millions of additional acres of forests in the western United States to reduce the severity of seasonal wildfires. “We’re not going to stop fires,” U.S. Agriculture Secretary …

Nebraska Business Owners Sentenced, Fined for Safety Violations, False OSHA Documents

Two owners of an Omaha company were sentenced Friday to federal prison for knowingly violating worker safety standards, leading to an explosion that killed two workers. Nebraska Railcar Cleaning Services; Steven Michael Braithwaite, president and owner of the business; and …

Severe Weather in Canada in 2021 Caused Insured Losses of C$2.1 Billion

Severe weather events in Canada caused insured losses of C$2.1 billion ($1.68 billion) last year, making 2021 the sixth-costliest since 1983, the Insurance Bureau of Canada (IBC) said in a statement on Tuesday. Floods in British Columbia in November, where …

Crews Avert Catastrophe in Containing Fire Near New Jersey Chemical Plant

A dramatic fire near a chemical plant burned through the night and into Saturday in northern New Jersey but led to no evacuation orders or serious injuries — just heavy smoke that was seen and smelled in nearby New York …

Judge to Decide Fate of J&J Baby Powder Bankruptcy Strategy in February

Johnson & Johnson should know by the end of next month whether its controversial use of bankruptcy to try to resolve billions of dollars in cancer claims can proceed, or if the consumer products giant must fight roughly 38,000 lawsuits …

J&J Reaches Opioid Settlement With Holdout New Mexico

Johnson & Johnson on Friday said it had agreed to pay $44 million to resolve claims that it fueled the opioid epidemic in New Mexico, a state which originally opted against participating in a nationwide settlement resolving thousands of similar …

Updated CMS Guide Spells Out the Risk of Skipping CMS Review of Work Comp Settlements

Insurers that are inclined to skip a government review of proposed workers’ compensation settlements may think twice about that strategy because of an updated policy guideline issued by the Centers for Medicare and Medicaid Services on Jan. 11. For the …