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Kemper Corp. Acquires Infinity Property & Casualty of Alabama for $1.4B
Birmingham, Ala.-based Infinity Property and Casualty were bought for $1.4 billion. Kemper Corp. acquired the auto insurance provider in a cash and stock transaction, making it one of the largest nonstandard auto insurers in the country, Al.com reported. The merger …

POSTED FEBRUARY 20, 2018 5:26 AM
Kentucky House Advances Bill Overhauling Workers’ Comp System
Republican lawmakers began their latest push last week to revamp workers’ compensation, advancing a bill that would put time limits on benefits for some injured workers. The provision calling for a 15-year cap from the date of injury drew the …

POSTED FEBRUARY 20, 2018 5:26 AM
Attorney, Vendor AOB Lawsuits Top Insurance Litigation in 2017: Report
Litigation from the abuse of assignment of benefits by third parties represented more than half of all Florida insurance litigation in 2017, and without a legislative fix those fueling the abuse will continue to get rich at the expense of …

POSTED FEBRUARY 20, 2018 5:11 AM
The Hartford to Acquire Foremost’s Commercial Lines Business
The Hartford has agreed to acquire Foremost Insurance branded small commercial lines business from Farmers. The Hartford is acquiring the renewal rights on $200 million in small commercial lines premium sold through about 5,000 independent agents and brokers. The business …

POSTED FEBRUARY 19, 2018 8:34 PM
Aspen Ceases Underwriting Property Insurance from Bermuda Platform
Aspen Insurance Holdings confirmed on Friday, Feb. 16 that it has ceased underwriting property insurance on its Bermuda platform, effective immediately, as a result of the company’s 2017 catastrophe losses. The move was made in response to CEO Chris O’Kane’s …

POSTED FEBRUARY 16, 2018 7:20 PM
Texas Petro-Chemical Contractor Sued for Disability Discrimination
A blood disorder led to the unlawful firing of three laborers at a Texas-based petro-chemical contractor, federal officials say. the U.S. Equal Employment Opportunity Commission (EEOC) has charged in a lawsuit that Signature Industrial Services LLC (SIS) unlawfully fired the …

POSTED FEBRUARY 16, 2018 5:47 PM
Detroit Suburb Settles Fatal Police Shooting for $1.25M
A Detroit suburb agreed to a $1.25 million settlement in a lawsuit filed by the family of a woman who was fatally shot by police near a shopping mall, according to a document released on Feb. 15. A Dearborn officer …

POSTED FEBRUARY 16, 2018 5:24 PM
Agency Warns of Possible Hepatitis Exposure at Arkansas Restaurant
State health officials say people who visited a Taco Bell restaurant in northeast Arkansas may have been exposed to hepatitis A after an employee tested positive for the virus. The health department says the affected restaurant is in Corning, about …

POSTED FEBRUARY 16, 2018 5:19 PM
Associated Benefits and Risk Acquiring Wisconsin’s Diversified Insurance
Associated Benefits and Risk Consulting (ABRC) announced it will acquire Diversified Insurance Solutions (Diversified), based in Milwaukee, Wisconsin. The transaction is expected to close next month. Terms of the transaction were not disclosed. Based in Green Bay, Wisconsin, ABRC is …

POSTED FEBRUARY 16, 2018 5:14 PM
Former Texas Agent Gets Life Sentence for Insurance Scam
A former Lubbock, Texas, insurance agent has been sentenced to life in prison and ordered to pay back $810,000 to his victims, the Texas Department of Insurance (TDI) reported. Officers with the Texas Department of Insurance Fraud Unit found that …

POSTED FEBRUARY 16, 2018 5:13 PM

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