Insurance Journal
- California Labor Commissioner Cites Contractor $1.7M for Wage Theft Violations October 19, 2021The California Labor Commissioner’s office has cited JPI Construction $1.7 million for wage theft violations affecting 265 workers. An investigation reportedly found that the San Diego-based company failed to pay workers properly on commercial and residential construction projects, resulting in …
- Davies Acquires Insurance Risk Services, an Inspection Firm October 19, 2021Davies, a professional services and technology company serving the insurance market, announced it has agreed to purchase Insurance Risk Services, a Florida-based firm that provides inspections for underwriting. Insurance Risk Services, or IRS, is based in Lake Mary, Florida. It …
- Washington Insurance Commissioner Pursues January Date for Rule to Ban Use of Credit Scores October 19, 2021Washington Insurance Commissioner Mike Kreidler says he will seek an effective date of Jan. 1, 2022 for a permanent rule to temporarily ban the use of credit scores for insurance policies for three years. Kreidler’s emergency order prohibited insurers from …
- Enbridge Fails to Meet Minnesota Aquifer Cleanup Deadline October 19, 2021Enbridge has failed to meet a deadline set by the Minnesota Department of Natural Resources for cleaning up a site where an aquifer ruptured during construction of the Line 3 oil pipeline, DNR officials said. The agency had given the …
- Citizens’ CEO: Florida Insurers Swimming in a Sea of Red Ink; Capital Drying Up October 19, 2021It’s not just a few Florida property insurance companies that are running into financial trouble. Almost every carrier is losing money in 2021 and the future does not look any better, the CEO of Citizens Property Insurance Co. told lawmakers …
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