“Oscars season is fast approaching, but this possible bid for Best Actor is unlikely to trouble the Academy.
A New Jersey man has been charged with insurance fraud after a surveillance camera caught him throwing ice on the floor at his workplace and seemingly staging a dramatic fall.”
The U.S. market for financial and professional insurance coverage saw a number of challenges in 2018, including new privacy regulations, an increase in workplace sexual harassment claims as the #MeToo movement continued to gain traction and more securities litigation activity.
These risks are expected to continue in 2019, with some becoming even more difficult and requiring risk professionals, directors, officers, and others to take action to safeguard their companies and people.
SHLC Attorney Brett “Gil” Gilstrap and our very own Tom Moshier will be guest speakers during a Live Webinar on Workers’ Compensation on February 5th. Click here for details and registration.
“For those of us who are long-suffering customers of PG&E Corp., the giant northern California utility’s announcement that it will file for bankruptcy protection could be seen as same old, same old. After all, this is PG&E’s second trip to bankruptcy court just since the dawn of the new millennium—the first, in 2001, followed a botched attempt to deregulate the electricity market. In 2010, negligence by PG&E led to the explosion of a natural gas pipeline in a San Francisco suburb that killed eight people and cost the utility $2.5 billion in fines and legal settlements. Over the past two years, we all witnessed the record wildfires and read about PG&E’s likely role, which the company says has led to about $30 billion in liabilities—that it will now try to duck in bankruptcy proceedings.”
To read the full article from Insurance Thought Leadership, click here.
Democratic State Senator Ricardo Lara of Los Angeles will be the next Insurance Commissioner of California, according to final returns reported by the Secretary of State. With 100% of all precincts reporting, Sen. Lara had 50.8 percent (3,393,189) of the vote; former Commissioner Steve Poizner, running as an independent, had 49.2 percent (3,287,452).
“As California’s Insurance Commissioner, I’ll work tirelessly to represent the great people of California, not the corporations, the billionaire class, the pharmaceutical or the insurance companies,” the Commissioner-elect pledged on his campaign website (www.ricardolara.com). “I plan to work with anybody who is willing to come to the table, but my allegiance will always be first and foremost to the consumers, the patients, our working families, and our most vulnerable communities in our Golden State.”
To read the full article from IIABCal’s Independent Insider newsletter, click here.
Voting closes at MIDNIGHT for The Business Journal’s annual awards.
CLICK HERE TO VOTE for D&D!
Applications for Spencer’s 2019 full-time scholarships and internship grants are now available. Applications can be accessed via www.spencered.org.
To read more about the scholarships and application process, click here.
“Workplace violence is a daily threat to workers in many industries. Aside from mass shootings, which grab headlines, more than 2 million workers are victims of violence every year.”
To read more of this article from Insurance Thought Leadership, click here.
Nationwide is offering all its policyholders to participate in certification trainings on September 11-13. Click here to read more about the Produce Safety course, and click here to read more about the Food/Feed Safety course.