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News Center


News – Insurance Journal

Michigan’s McLaren to Pay $7.7M to Resolve Alleged Drug Violations
McLaren Health Care Corp. has agreed to pay the federal government more than $7.7 million to resolve alleged violations of provisions of the Controlled Substances Act. The civil settlement was announced by the U.S. attorneys in Grand Rapids and Detroit, …

POSTED JANUARY 22, 2021 1:39 AM
Ohio Suspends Pharmacy After 890 Vaccine Doses Wasted
A pharmacy responsible for distributing the coronavirus vaccine to Ohio nursing homes failed to document storage temperatures for leftover shots, resulting in 890 doses being wasted, the state Health Department said. The agency said it suspended SpecialtyRx in Columbus from …

POSTED JANUARY 22, 2021 1:34 AM
Biden’s Climate Accord Move Welcomed by World Leaders
New U.S. President Joe Biden wasted no time on making known his intentions regarding climate change on his first day in office, saying he was signing an executive order to undo a number of the Donald Trump’s environmental policies. Biden’s …

POSTED JANUARY 21, 2021 10:54 PM
Cannabis Broker Spotlight: Schutz with NIF Group is a ‘Cannabis Ninja’
Editor’s note: This part of a series of profiles on cannabis brokers, in which Insurance Journal explores why and how these folks got into the business, the ups and downs of insuring cannabis, as well as a few tips for …

POSTED JANUARY 21, 2021 8:17 PM
The Villages Insurance Partners of Florida Adds Allstate Agent Sheats
The Villages Insurance Partners of Florida has added Alexis Ball-Sheats to its team of Personal Lines Risk Consultants. Ball-Sheats will be one of three licensed risk consultants at the agency’s Mulberry Grove location specializing in home, auto, and golf car …

POSTED JANUARY 21, 2021 5:58 PM
Banker Enns to Succeed Retiring Chubb CFO Bancroft
Chubb announced that Philip Bancroft, executive vice president of Chubb Group and chief financial officer, plans to retire from the company on July 1 after 19 years of service. Peter Enns, an investment banker who was most recently the Global …

POSTED JANUARY 21, 2021 5:57 PM
U.S. Charges 2 Oil Workers With Allowing Gulf of Mexico Oil Spills
Two Fieldwood Energy LLC oil workers face federal criminal charges for allegedly separately allowing crude oil spills from offshore U.S. Gulf of Mexico platforms to avoid required shut downs. The two were indicted Tuesday for spills in 2015 and 2018, …

POSTED JANUARY 21, 2021 5:37 PM
Analysis: Fight Over Mississippi Flood Control Project Continues
Farmers and environmentalists have been arguing for decades over proposals for a massive federal flood-control project in the south Mississippi Delta. The fight is continuing into a new presidential administration. Four conservation groups are suing the Environmental Protection Agency, with …

POSTED JANUARY 21, 2021 5:35 PM
Kansas Insurance Agent to Repay $86K After Guilty Plea
A former Kansas insurance agent from Johnson County has pleaded guilty to insurance fraud charges and agreed to repay nearly $86,000 in restitution, the state’s attorney general’s office reported. Kansas Attorney General Derek Schmidt said Armond R. Peghee, 42, pleaded …

POSTED JANUARY 21, 2021 4:36 PM
N.Y. Court Takes Contrary Position on Insurers’ Right to Recoup Defense Costs
It has long been understood that under New York law, an insurance company may recoup defense costs paid on behalf of an insured once it has been ultimately determined that there was no coverage in connection with the underlying action, …

POSTED JANUARY 21, 2021 3:52 PM

NOTICE: The links and articles found on or within this news center are simply for informational purposes that we believe may be of benefit to our clients and/or website visitors. By providing these links on our website, we are not recommending or endorsing the use of the particular products or services these third parties offer. Nor does Absolute Insurance & Financial, LLC confirm, corroborate or agree to the statistics or opinions on these links and articles. We urge you to review each website’s Privacy Policy, Disclaimers, and develop an independent opinion of the service or product for any link pursued.

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