Insurance Journal News Feed

Insurance Journal news feed

1. M4.1 Earthquake Shook Parts of Los Angeles Area: USGS

   A magnitude 4.1 earthquake shook parts of the Los Angeles Area, including the cities of Corona, Anaheim, and Santa Ana on at 1:49 p.m. local time on the afternoon of Wednesday, the USGS confirmed. The epicenter was in the Santa …

2. UnitedHealth Hack Put Data of One in Three Americans at Risk

   UnitedHealth Group Inc. Chief Executive Officer Andrew Witty told lawmakers his company is still trying to determine why its computer systems were left vulnerable to hackers who perpetrated a devastating cyberattack. Lawmakers zeroed in on lax defenses during more than …

3. PCF Insurance Acquires Georgia, Texas Brokerages

   PCF Insurance Services, an insurance brokerage operating in 40 states, has acquired All Star Insurance in Venus, Texas, and Encore Advisors, based in Norcross, Georgia. Utah-based PCF said in a news release this week that the moves mark an ongoing …

4. ‘Car Wreck Clyde’ Attorney in Texas Charged with Skimming $2.4M from Settlements

   A Houston plaintiffs’ attorney known as “Car Wreck Clyde” is awaiting court proceedings after being charged with skimming as much as $2.4 million in client settlement proceeds over the past decade, federal prosecutors said. Clyde J. Moore, 62, and his …

5. Texas Lawmakers Fault Xcel Power Pole in State’s Largest Fire

   The worst wildfire in Texas history was sparked by a power pole and lines owned by Xcel Energy Inc. that hadn’t been effectively maintained or replaced, according to a state legislative committee report. The pole identified as the cause of …