Archive for April 2016

Fire officials say a water break has caused $1 million in damage to a University of Utah building. The new estimates from last week’s flooding show it impacted 70,000 square feet of offices and equipment. Officials say there were concerns … Read More Read more here:: Insurance Journal       

Workers’ Compensation Appeals Board Chairwoman Ronnie Caplane is retiring from state service at the end of the month, it was announced. Caplane was appointed commissioner in 2003 by Gov. Gray Davis, reappointed in 2009 by Gov. Arnold Schwarzenegger, and named … Read More Read more here:: Insurance Journal       

Kannai David Scantlen, 41, of Valley Springs, Calif., a former insurance agent conducting business as Kan I Save Insurance Services, was convicted of insurance fraud and sentenced to 60 days, three years of formal probation, and ordered to pay $20,000 … Read More Read more here:: Insurance Journal       

The Independent Insurance Agents of North Carolina (IIANC) announced that E. Stuart Powell Jr., MA, CPCU, CIC, CLU, ChFC, ARM, AMIM, AAI, ARe, CRIS will retire on July 31, 2016 from his current position as vice president of Technical Affairs … Read More Read more here:: Insurance Journal       

A group of former Wal-Mart workers in Utah who said the company violated their right to self-defense by firing them for disarming suspected shoplifters has settled their lawsuit against the mega-chain. The workers argued that Wal-Mart’s policy barring workers from … Read More Read more here:: Insurance Journal       

AXA SA, France’s largest insurer, is in talks to sell most of its U.K. life-insurance and wealth-investments units, according to two people with knowledge of the matter. AXA is likely to sell parts of the businesses, known collectively as AXA … Read More Read more here:: Insurance Journal       

A New York playwright filed a lawsuit on Monday claiming $20 million in damages and seeking to block Friday’s opening in movie theaters of “Barbershop: The Next Cut,” the fourth of a series of comedies that he claims rips off … Read More Read more here:: Insurance Journal       

As day breaks, hundreds of patients wait to see doctors in a queue that snakes around the Peking Union hospital in Beijing. Many will wait in vain – “scalpers” like Yu Wei have already illegally bought and sold appointment tickets … Read More Read more here:: Insurance Journal       

Woodruff-Sawyer & Co. on Monday announced leadership changes in its Portland, Ore. office. Mike Bennison will transition his office leadership role to Brett Bauer and Kathy Prosser, who together will co-lead the office. Bauer is a founding member of the … Read More Read more here:: Insurance Journal