News Digest 11-8-2019

Quote of the day

“If you’re the holding broker, you’d better be remarketing and replacing to protect your client, mid-term or not.”

Jay Corbett, a broker at Hub International

Workers’ Comp Executive



Flash: No New or Renewals Permitted for Applied / CIC – Brokers Scramble

The California Department has ordered Applied Underwriters’ California Ins Co. not to write or bind new or renewal policies. Brokers are scrambling to remarket their business or to steal others’ clients. Read it here and read it fast. Workers’ Comp Executive


Flash: New Mexico Balks at CIC Conservation Order

The purported sale/merger/redomestication of California Insurance Company is becoming surreal. Did CDI seize the carrier? Does the carrier even exist? Get the latest by clicking here. Workers’ Comp Executive


Georgia county official’s attorney claims ‘paper trail’ disproves fraud charges

At least six of the 21 criminal charges against a Georgia insurance agent and county commissioner can be proven factually inaccurate, according to his attorney. Charges against Bob Coleman and his wife include five counts of insurance fraud and nine counts of violating the Georgia Insurance Code’s reporting and disposition of premium requirement. Brunswick News


Illinois: Glaub nominated to Workers’ Compensation Commission

Michael Glaub was nominated in the Illinois Senate late last month to be arbitrator of the Workers’ Compensation Commission, according to the official Illinois General Assembly website. Prairie State Wire