Quote of the day
“Whatever happens, the California Department of Insurance review is clouded by Insurance Commissioner Ricardo Lara’s reported recusal from the process. Lara took money in the form of campaign donations from individuals affiliated with Applied Underwriters. Lara also held multiple meetings with the parties directly involved in the sale. There have been calls for criminal investigations.”
Flash: Applied Underwriters—Is the Sale in Trouble?
Applied Underwriters missed a key deadline in its plan to break off from Berkshire Hathaway and millions of dollars are now at risk. What’s the latest in the controversial deal? Workers’ Comp Executive
Georgia county official, wife charged with insurance fraud
Following an investigation by the Georgia State Board of Workers’ Compensation, a county commissioner and his wife face trial next month on charges of allegedly violating state law covering reporting and disposition of premium requirement. The Brunswick News
Michigan governor vetoes nearly $234M in state health spending
Michigan Gov. Gretchen Whitmer on Tuesday vetoed $233.9 million in spending from the state Department of Health and Human Services that included $79.3 million in general funds. Earlier Tuesday, the governor asked the State Administrative Board to approve inter-departmental transfers of $22.5 million in MDHHS funding, including adding money to administrative hearing officers, workers’ compensation, state community service commission, behavioral health program administration, and other programs. Crain’s Detroit Business
Families of truckers killed on interstate in 2017 settle lawsuit with construction company
The families of a couple who were killed when their semi-truck collided with construction machinery on Interstate 10 near El Paso, Texas in 2017 have settled their lawsuit against the company that was overseeing the construction site. KVIA (El Paso)