Indiana is training 300 prisoners to kill infected chickens and banning bird shows at county fairs. Mississippi is considering road barricades and planning biosecurity measures. Iowa is trying to figure out how to deal with a mountain of dead – …
The article What States Are Doing to Battle Bird Flu Threat appeared first on Insurance Journal.
A prototype of the massive solar-powered drone Google Inc. plans to build as a platform for delivering Internet service from the sky was destroyed in a crash at a New Mexico test site. The unmanned Solara 50 fell to the …
The article Google Drone Prototype Crashes appeared first on Insurance Journal.
The Federal Emergency Management Agency (FEMA) last week sent out its first round of letters to the National Flood Insurance Program (NFIP) policyholders who filed Superstorm Sandy-related claims, offering them a chance to have their claims reviewed — and FEMA …
The article FEMA: Nearly 1,000 Sandy Claimants Signed Up for Claims Review So Far appeared first on Insurance Journal.
With widespread damage to roads and bridges as a result of recent flooding, Oklahoma Gov. Mary Fallin is seeking expedited bidding for county infrastructure projects. Fallin said the full extent of the county-level flooding damage is still unknown since many …
The article Oklahoma Governor Seeks to Expedite Repair of Roads, Bridges appeared first on Insurance Journal.
A suburban Chicago contractor pleaded guilty to setting a fire at a radar facility in Aurora that forced the cancellation of thousands of flights and disrupted travel nationwide in September. Prosecutors told a federal judge that Brian Howard, 37, of …
The article Man Pleads Guilty to Chicago Air-Traffic Facility Fire appeared first on Insurance Journal.
Gov. Dennis Daugaard has requested a presidential disaster declaration to help South Dakotans whose homes and businesses were damaged by the severe storm and tornado May 10 in Douglas and Charles Mix counties. The tornado damaged or destroyed 84 structures …
The article South Dakota Requests Disaster Declaration for Delmont Tornado appeared first on Insurance Journal.
Fierce opposition from police across the state derailed efforts to pass a bill that allows open carry of handguns on the streets of Texas. The bill appeared ready to pass the House and be sent to Gov. Greg Abbott to …
The article Texas Open Carry Handgun Bill Stalled by Police Opposition appeared first on Insurance Journal.
Homeowners dragged soggy carpet to the curb and mopped up coffee-colored muck on May 27 after a barrage of storms and floods in Texas and Oklahoma left at least 21 people dead and 11 others missing. More rain fell on …
The article Death Toll in Texas Climbs to 21 as Flood Clean Up Begins appeared first on Insurance Journal.
ACE Commercial Risk Services, the small commercial specialty lines business of ACE Group, has expanded its specialty commercial products for small businesses, available on a business owners policy (BOP). This new product suite offering, available through ACE Solutions Fast Track, …
The article ACE Expands Specialty Insurance Offerings for Small Businesses appeared first on Insurance Journal.
W. Harold Petersen, founder of Petersen International Underwriters, has been inducted into the Iowa Insurance Hall of Fame. A pioneer of and advocate for the disability insurance industry, Petersen was one of five insurance professionals honored during the Iowa Insurance …
The article Petersen Inducted into Iowa Insurance Hall of Fame appeared first on Insurance Journal.
Workers’ compensation costs per claim in Michigan were lower than that of the typical state in a comparison of 17 states by the the Workers Compensation Research Institute (WCRI). The WCRI study, CompScope Benchmarks for Michigan, 15th Edition, found that the …
The article Workers’ Comp Costs Relatively Low in Michigan: Study appeared first on Insurance Journal.
The Insurance Centre for Building Materials (ICBM), a specialist managing general agent focused on building materials dealers, wood risks and secondary forest products, is now available in the primary wood growing and processing centers of Washington, Oregon and Nevada, in …
The article Insurance Center for Building Materials Expands into Washington, Oregon, Nevada appeared first on Insurance Journal.
PMA Insurance Group in Blue Bell, Pennsylvania, named Ray DiCello as vice president of field claims operations. DiCello reports to Kurt Schuhl, senior vice president and chief claims officer, PMA Insurance Group. In this newly created position, DiCello is responsible …
The article PMA Names DiCello as VP of Field Claims Operations in Pennsylvania appeared first on Insurance Journal.
The company that operates the ridesharing service Uber wants the New Mexico Supreme Court to overturn new state rules governing transportation network companies. The Santa Fe New Mexican reported that Uber is joining a group of cab companies in challenging …
The article Uber, Cab Companies Go to Battle Against New Mexico Regulations appeared first on Insurance Journal.
A man who suffered a knee injury while working at the Montana State Prison in 2000 has acknowledged defrauding the state workers’ compensation fund by collecting disability benefits while running a construction company in Utah. Benjie Leroy Christensen, of Roosevelt, …
The article Utah Man on Hook for $97K for Montana Workers’ Comp Fraud appeared first on Insurance Journal.
Colorado State University’s annual benchmark forecast for Atlantic hurricanes is unlikely to change significantly when it is updated June 1, according to CSU hurricane expert Phil Klotzbach, as the increasing likelihood of moderate to strong El Nino conditions in the …
The article Is This the End of Active Hurricane Era? appeared first on Insurance Journal.
The Tennessee Supreme Court recently ruled that an employee must report an employer’s wrongful activity to someone other than the wrongdoer in order to qualify as a whistleblower. The court affirmed the dismissal of a whistleblower claim by Charles Haynes, …
The article Tennessee Court: Employee Reporting Misconduct to Owner Not a Whistleblower appeared first on Insurance Journal.
A new federal center will help improve forecasts and emergency response during future water crises like the California drought and flooding in Texas, Commerce Secretary Penny Pritzker said this week. Pritzker’s comments came during the unveiling of the National Water …
The article Federal Water Center in Alabama to Provide Aid in National Water Crises appeared first on Insurance Journal.
Since eight hurricanes whipped through Florida during back-to-back seasons a decade ago, causing $33 billion in insurance claims, the state’s coastal communities have added an additional 1.5 million people and almost a half-million new houses, an Associated Press analysis shows. …
The article Report: Florida Coastal Communities Rebuilt, Ready to Face Future Storms appeared first on Insurance Journal.
New Jersey Gov. Chris Christie said Wednesday more than 300 homes have now been acquired by the state under a post-Superstorm Sandy buyout program, as he blasted other homeowners for refusing to give the state the right to build protective …
The article N.J. Gov. Christie Marks 300th Home Acquired Under Post-Sandy Program appeared first on Insurance Journal.
The New Hampshire Secretary of State’s office plans to continue fighting a proposal in the Senate’s budget that takes away its authority to monitor the state’s public risk pools. The New Hampshire Senate Finance Committee voted Wednesday to uphold an …
The article N.H. Budget Writers Uphold Changes to Public Risk Pool Oversight appeared first on Insurance Journal.
Former New York State Senate Majority Leader Dean Skelos got his son a no-show job with a medical malpractice insurer who was lobbying the Legislature, according to a federal indictment. Father and son “engaged in a corrupt scheme” to cash …
The article Ex-N.Y. Senate Leader Accused of Getting Son No-Show Job at Insurance Co. appeared first on Insurance Journal.
As thousands of Americans work to prepare their homes and businesses for the start of hurricane season on June 1, why isn’t Congress taking steps to get its own house in order? Members of Congress can’t stop hurricanes or other …
The article It’s Time for Congress to Prepare for Hurricane Season appeared first on Insurance Journal.
Alpha Natural Resources must pay the legal expenses of Donald Blankenship, the former chief executive officer of Massey Energy, which Alpha acquired in 2011. The fight over fees arose from charges filed against Blankenship stemming from the worst U.S. coal …
The article Judge Says Alpha Must Cover Legal Costs for Ex-CEO Blankenship appeared first on Insurance Journal.
Leslie Rippley, who has 25 years’ experience, nearly all of it with major carriers, is the new vice president of commercial lines for the American Association of Insurance Services (AAIS), the national property/casualty advisory organization. Rippley is joining AAIS from …
The article Fireman’s Fund’s Rippley Named VP Commercial Lines at AAIS appeared first on Insurance Journal.
Salon Privé and Chubb Insurance Company of Europe SE announced that they have renewed their sponsorship agreement for the esteemed automotive event’s Concours and Tour d’Elégance. Chubb said the “five-year agreement continues a hugely successful partnership, which, over the past …
The article Chubb Europe Renews Concours d’Elégance at Salon Privé Sponsorship appeared first on Insurance Journal.
Firefighters battled wildfires in northern Alberta, Canada’s biggest crude-producing region, for a sixth day on Thursday, with two blazes near oil sands facilities still out of control. The wildfires have forced producers in the Western Canadian province, the largest source …
The article Alberta Wildfires Burn for 6th Day, 10% of Oil Sands Crude Offline appeared first on Insurance Journal.
Prime Minister David Cameron has pledged to renegotiate Britain’s ties with Europe and then give voters a referendum on European Union membership by the end of 2017. Following are the views of business leaders: Lloyd’s of London Chief Executive Inga …
The article Factbox: Lloyd’s Chief, Other Leaders Offer Views on Britain’s EU Referendum appeared first on Insurance Journal.
A $1.2 billion share sale by Fosun International Ltd. this month was likely only the start of a love affair with equity deals, bankers say, as the Chinese conglomerate seeks to cut reliance on debt to fund its huge acquisition …
The article Fosun’s Equity Deals to Intensify as It Seeks to Fund Acquisition Ambitions appeared first on Insurance Journal.
The European Central Bank said on Thursday that record low interest rates were putting insurance firms and banks under increasing pressure and warned that any sell-off in stocks and bonds could damage the euro zone’s recovery. In its twice-yearly Financial …
The article European Central Bank Warns of Risks to Insurers of Low Interest Rates appeared first on Insurance Journal.
President Barack Obama has signed a disaster declaration for areas of Oklahoma affected by severe storms, tornadoes, straight-line winds and flooding in early May. The declaration signed on May 26 makes federal funding available to individuals whose property was damaged …
The article Obama Signs Oklahoma Disaster Declaration appeared first on Insurance Journal.
U.S. House Republicans suing the Obama administration over the federal health care law should change it if they don’t like it, a Justice Department lawyer told a skeptical federal judge in a bid to have the lawsuit thrown out. The …
The article Let Congress, Not Courts, Decide Obamacare Reimbursements: Administration appeared first on Insurance Journal.
Uber Technologies Inc.’s new privacy policy released Thursday is shorter, easier to read and more expansive than before. The car booking company now more clearly tells its customers it can pretty much track everything they do while using the Uber …
The article Uber Discloses Expanded Customer Data Tracking appeared first on Insurance Journal.
Allstate Corp. said improved technology will eventually give the auto insurer a chance to boost revenue by selling customer driving data, much as Google Inc. profits by collecting information on those who use its search engine. “There are lots of …
The article Allstate Sees Profit in Selling Customer Driving Data appeared first on Insurance Journal.
With the legislative session winding down in Texas, a measure sought by the insurance industry that its proponents say would help rein in litigation related to property insurance claims has died in the House of Representatives. Passed by the Senate on …
The article Hail Claim Litigation Bill Dies in Texas House appeared first on Insurance Journal.
Burns & Wilcox Brokerage has named Karl Olson vice president and professional liability regional practice leader in its San Francisco team. Olson will be responsible for delivering professional liability brokerage services and growing the practice. He will report to Burns …
The article Burns & Wilcox Brokerage Taps Olson in California appeared first on Insurance Journal.
BP Plc won’t seek to access Transocean Ltd.’s $750 million insurance policy for the Deepwater Horizon rig, which exploded while drilling a BP well in 2010, sparking the worst offshore spill in U.S. history. London-based BP notified the Texas Supreme …
The article BP Withdraws Bid for Transocean’s $750M Insurance appeared first on Insurance Journal.
Dynetics, a provider of technology products, and the Washington, D.C. operations of Lockton Companies, have formed an alliance to provide Lockton clients direct access to QuickLook, an executive-level cyber risk assessment service. Part of Dynetics’ Cyber RiskScope portfolio of cyber …
The article Lockton Partners with Cyber Risk Firm on Executive-Level Assessment Service appeared first on Insurance Journal.
A Michigan insurance agent faces felony embezzlement charges following an investigation by the the Michigan Department of Insurance and Financial Services (DIFS). After receiving a complaint from an insurance company, DIFS discovered that Vladimir Ivanovich Tatarly of Lake Orion was …
The article Michigan Agent Charged with Felony Embezzlement appeared first on Insurance Journal.
The Trusted Choice brand has snagged a leading agency system insurer to help independent agencies sell more small business policies online. The Hartford has joined the TrustedChoice.com online commercial insurance platform backed by the Independent Insurance Agents and Brokers of …
The article The Hartford Joins Agents’ Trusted Choice Website for Small Commercial Lines appeared first on Insurance Journal.
Abbott Laboratories was ordered to pay $23 million in punitive damages to a Minnesota girl whose family blamed the company’s epilepsy drug Depakote for causing her birth defects. It was the first verdict against the drugmaker over the medication. A …
The article Abbott Labs to Pay $23M in Punitive Damages Over Depakote appeared first on Insurance Journal.
NAS Insurance has launched a professional and general liability insurance program for owners of residential care facilities for the elderly (RCFEs). The coverage is designed to help California RCFE owners comply with the July 1, 2015 deadline to maintain liability …
The article NAS Launches Residential Care Facilities Program in California appeared first on Insurance Journal.
Green Bay, Wis.-based Associated Bank has agreed to generate nearly $200 million in mortgage loans in predominantly minority neighborhoods as part of a settlement over a federal racial discrimination complaint. The loans would be made over the next three years …
The article Wisconsin Bank Settles Complaint over Racial Discrimination appeared first on Insurance Journal.
An insurance company has agreed to pay $300,000 to settle a lawsuit over the death of an 85-year-old man who may have been scared to death before his car slammed into a tractor-trailer in suburban Detroit. The settlement ends a …
The article Insurer Will Pay $300K in Michigan ‘Scared-to-Death’ Case appeared first on Insurance Journal.
Farmers across Arkansas are still weathering a series of spring showers that have flooded fields, smothered crops and swept away cattle. Since March 1, between 12 to 18 inches of rain has fallen across the Arkansas River basin, according to …
The article Farmers in Arkansas Expect Losses from Flooding appeared first on Insurance Journal.
Record-smashing rainfall and torrential flooding that hammered Oklahoma in May has likely caused millions of dollars’ worth of damage to roads and bridges across the state, although official estimates won’t be available for weeks. While the visual image of powerful …
The article Oklahoma Roads in Bad Shape After Record Rainfall, Flooding appeared first on Insurance Journal.
Deadly severe weather in Texas over the long holiday weekend tested government alert and evacuation procedures, as officials scrambled to deal with storms and historic flooding that left more than a dozen people dead and a similar number missing. Crews …
The article Government Emergency Response Tested by Texas Storms appeared first on Insurance Journal.
Marsh has appointed Julie Wood as Southeast Partnership leader based in Atlanta. In this role, Wood is responsible for ensuring the delivery of Marsh’s advisory and transactional services to clients throughout its Southeast Partnership, which includes Marsh’s Atlanta, Birmingham, Ala., …
The article Marsh Appoints Wood as Southeast Partnership Leader in Atlanta appeared first on Insurance Journal.
ACE Group announced the promotion of Gary Jack, chief operating officer, South Africa, to the role of country president as it continues to grow its business in Africa. In his new role, Jack will be responsible for managing the performance, …
The article ACE Appoints New Country President for South Africa appeared first on Insurance Journal.
Ames & Gough, an insurance broker and risk management consultant specializing in serving design professionals, law firms, associations/nonprofits and other professional service firms, hired Jay Bateson as senior broker and vice president. Based in Ames & Gough’s McLean, Virginia, office, …
The article Ames & Gough Hires Bateson as Senior Broker in Virginia appeared first on Insurance Journal.
With Washington state overhauling its medical marijuana law, Seattle Mayor Ed Murray says the city is planning to shutter dozens of dispensaries. Murray this week announced plans to require a new special business license for marijuana establishments, akin to those …
The article Dozens of Washington Medical Marijuana Dispensaries to Be Shuttered appeared first on Insurance Journal.
Jason Kwon, 32, of Santa Fe Springs, Calif., and David Chang, 32, of Burbank face 41 felony counts of insurance fraud, grand theft and identity theft for allegedly submitting fraudulent claims totaling $1.3 million to obtain low cost replacement mobile …
The article 2 California Men Nabbed for $1.4M Mobile Phone Insurance Scam appeared first on Insurance Journal.
The Amtrak crash that killed eight people this month raised questions of the safety of one-engineer trains, thwarting the idea of reducing freight crews for now, Union Pacific Corp. Chief Executive Officer Lance Fritz said. While cargo operators would save …
The article Single Engineer for Trains a Tough Sell Following Amtrak Crash appeared first on Insurance Journal.
Holding cynical beliefs about others may have a negative effect on one’s income, according to research published by the American Psychological Association. “While previous research has associated cynicism with detrimental outcomes across a wide range of spheres of life, including …
The article Bad Attitude: Cynical Employees Earn Less Than Others appeared first on Insurance Journal.
Uber and Lyft are among the tech companies pushing back at proposed rules by New York City’s Taxi and Limousine Commission to regulate car service apps. Uber says the rules break federal law because taxi commissions don’t have the authority …
The article Uber and Lyft Fight Proposed NYC Rules – and Each Other appeared first on Insurance Journal.
A U.S. judge in California allowed a class action lawsuit to proceed on Wednesday against satellite-radio company Sirius XM Holdings Inc over the payment of royalties for songs produced before 1972, in a case that is being closely watched for …
The article Sirius XM to Face Class Action in Turtles Copyright Suit appeared first on Insurance Journal.
Insurance industry veterans Adrian Scott and John Baskam have joined Ridge Insurance Solutions, the managing agency started by Tom Ridge, former Pennsylvania governor and ex-secretary of Homeland Security. Scott joins as executive vice president and chief underwriting officer and Baskam …
The article Scott, Baskam Join Ridge Insurance appeared first on Insurance Journal.
Lloyd’s has appointed Louis Cassar Pullicino as the new representative for Lloyd’s in Malta, assuming the role of director of Lloyd’s Malta Limited. Pullicino replaces Mark Gollcher, who helped Lloyd’s build up its local portfolio for over 15 years and …
The article Lloyd’s Appoints Pullicino as New Representative in Malta appeared first on Insurance Journal.
Bermuda-based Ironshore International announced that it has introduced enhanced insurance coverage for Kidnap & Ransom (K&R) risks to protect Latin American based clients against unexpected events. The bulletin said Ironshore’s “comprehensive K&R insurance program provides protection against kidnap for ransom, …
The article Ironshore International Enhances K&R Coverage for Latin America appeared first on Insurance Journal.
Nearly a year after embarking on a multi-million dollar quest to solve one of aviation ‘s greatest unsolved mysteries, authorities and search teams are being criticized over their approach to finding Flight MH370 in the remote southern Indian Ocean. The …
The article ‘All at Sea:’ Australia’s Search for MH370 Wreckage under Scrutiny appeared first on Insurance Journal.
Lowering interest rates around the world to boost the global economy has reached a point where it is now “quite harmful” to clients, including pension funds and insurers, BlackRock Inc. Chairman and Chief Executive Officer Laurence Fink said. The “low …
The article Low Interest Rates ‘Harmful’ to Insurers & Pension Funds, Says BlackRock CEO appeared first on Insurance Journal.
An eastern Kentucky county ravaged by a 2012 tornado is being sued for nearly $1 million by a Lexington company that provided rented trailers, generators, all-terrain vehicles and other equipment after the deadly twister hit. Morgan County officials agree they …
The article Rental Company Sues Kentucky County for Unpaid Bills from 2012 Tornado Recovery appeared first on Insurance Journal.
A former Florida Highway Patrol trooper could get prison time after pleading guilty to an extortion charge for accepting bribes for selling confidential accident reports. The ex-trooper, Kirk Chambers, pleaded guilty last week to an extortion conspiracy charge under color …
The article Former Florida Highway Patrol Officer Pleads Guilty to Selling Accident Reports appeared first on Insurance Journal.
Tracy Morgan and Wal-Mart Stores Inc. settled the actor-comedian’s lawsuit over a New Jersey Turnpike crash that had left him in a coma for days and killed another comedian. Morgan was riding in a van that was struck from behind …
The article Wal-Mart Settles With Tracy Morgan Over Turnpike Crash Suit appeared first on Insurance Journal.
For ambulance chasers, persistence and a phone book just don’t cut it anymore. Law firms, which once relied on television commercials, billboards, and cold calling numbers in the white pages to find plaintiffs for medical lawsuits, have begun to embrace technology. To …
The article Law Firms Like Facebook to Track Down Medical Victims appeared first on Insurance Journal.
The Governors Highway Safety Association says fatalities from motorcycle accidents in New Jersey rose during the first nine months of 2014 after dramatic declines in recent years. The Asbury Park Press reports fatalities between January and September rose from 48 …
The article N.J. Motorcycle Accident Deaths Rose in 1st 9 months of 2014 appeared first on Insurance Journal.
New York City Mayor Bill de Blasio recently signed into law the Stop Credit Discrimination in Employment Act. It amends the city’s Human Rights Law to prohibit most New York City employers from using or requesting an applicant’s consumer credit …
The article NYC to Prohibit Employers From Using Credit Checks to Screen Applicants appeared first on Insurance Journal.
Google Compare is using a rating system provided by Insurance Technologies Corp., the Carrollton, Texas-based software provider announced Wednesday. In making the announcement ITC’s top executive said it’s a move that will keep agents involved in the online search for auto …
The article Google Compare and ITC in Online Partnership That Brings Agents into Mix appeared first on Insurance Journal.
Farmers will become the first large California insurer to start offering a ridesharing insurance product on Thursday. In an announcement made at the Los Angeles office of California Department of Insurance today, California Insurance Commissioner Dave Jones and Farmers Group …
The article First Major California Insurer to Offer Ridesharing Endorsement appeared first on Insurance Journal.
The Main Street America Group has appointed Dave Randle as director of distribution management. He replaces Chris Cox, who was recently named president of Main Street America’s new Florida Region. Randle will be responsible for developing the distribution strategy with …
The article Main Street America Names Randle as Director of Distribution appeared first on Insurance Journal.
A former Ohio insurance agent was sentenced in early May after pleading guilty to insurance fraud and theft, Lieutenant Governor Mary Taylor announced. Former McConnelsville insurance agent James Brent Whitehouse was sentenced in the Morgan County Court of Common Pleas …
The article Former Ohio Agent Sentenced for Insurance Fraud, Theft appeared first on Insurance Journal.
Southwest Risk LP has added Robin Page as a vice president and broker in the company’s Dallas office. Page began his insurance career with Chubb in 1973 as a property, inland marine and package underwriter in Dallas. He also has worked …
The article Page Joins Southwest Risk as VP, Broker in Dallas appeared first on Insurance Journal.
Lockton Companies hired Marie-France Gelot as senior vice president and insurance claims counsel with the Lockton Financial Services Group. Gelot is based in Lockton’s New York office. In her new role, Gelot will work with Lockton’s financial institution and commercial …
The article Lockton Hires Gelot as Senior VP in New York appeared first on Insurance Journal.
V3 Insurance Partners LLC has launched V3 CAPP+, a new package program for condominium & homeowner associations, cooperative apartments and office condominium associations. V3 CAPP+ is backed by Hiscox Insurance Co., Inc. The multi-line policy is designed to cover the …
The article V3 Launches Community Association Package Program appeared first on Insurance Journal.
The Dubuque City Council has repealed a section of city ordinances that banned sledding from some city parks. On Jan. 5 the council voted to prohibit sledding, skiing and inner tubes on all but two city properties. The decision drew …
The article Dubuque, Iowa, Repeals City Park Sledding Ban appeared first on Insurance Journal.
The Texas lawmaker who wanted to bar media access to the names of people involved in traffic accidents now says it probably won’t survive a court challenge and will likely be dropped. The Senate approved the measure late on May …
The article Texas Lawmaker: Not so Fast on Limits to Media Access Records appeared first on Insurance Journal.
Texas lawmakers passed a bill allowing faculty and students to carry concealed handguns inside classrooms on public college campuses. The legislation, approved over opposition from university officials, prevents schools from establishing their own rules banning guns, though under a last-minute …
The article Bill Allows Concealed Handguns on Texas College Campus appeared first on Insurance Journal.
Thousands of Texans are in the process of repairing vehicles and cleaning homes of flood water and debris after massive rainstorms inundated many parts of the state. Insurance adjusters are meeting with homeowners to assess the damage to both the …
The article Damage Assessments Begin as Texas Flooding Recedes appeared first on Insurance Journal.
The U.S. Climate Prediction Center says the 2015 Atlantic hurricane season will likely be below-normal. But that’s no reason to believe coastal areas will have it easy, say the weather experts at the National Oceanographic and Atmospheric Administration (NOAA). For …
The article NOAA Predicts Quiet Atlantic Hurricane Season appeared first on Insurance Journal.
Insurance wholesaler J.M. Wilson added Andrea Farr in its Kansas City, Mo., office, as a property/casualty underwriter. Farr will serve independent insurance agents in Missouri, Kansas, Oklahoma, Arkansas, Mississippi and Alabama. Prior to joining J.M. Wilson, Farr was an underwriting …
The article J.M. Wilson Adds Farr as P/C Underwriter in Missouri appeared first on Insurance Journal.
Connecticut Insurance Commissioner Katharine L. Wade announced that a corporation specializing in consultation and financial management for reinsurance companies is expanding its footprint in Connecticut. The Connecticut Insurance Department said New Jersey-based SOBC Corporation is establishing a sponsored captive insurance …
The article Connecticut Insurance Department Licenses New Captive Insurer appeared first on Insurance Journal.
Minnesota’s health insurance exchange is having a big problem with attracting small businesses. MNsure was originally expected to cover 155,000 people in small-group plans by next year. Enrollment was only 1,405 earlier this month, the Star Tribune reported. Insurance agents …
The article Small Businesses Bypassing Minnesota Health Insurance Exchange appeared first on Insurance Journal.
Fast-food restaurant Lee’s Sandwiches has recalled 213,000 pounds of meat because it bore unauthorized United States Department of Agriculture marks of inspection, despite having not been inspected properly. The Orange County Register reported that chicken, beef and pork products were …
The article California Sandwich Maker Recalls 213,000 Pounds of Meat appeared first on Insurance Journal.
A former Rio Rancho, N.M. teacher says in a lawsuit that she was fired as a result of her involvement with a union and her outspoken criticism of school district officials. The Albuquerque Journal reported that school officials countered that …
The article Former New Mexico Teacher Files Suit Over Her 2012 Firing appeared first on Insurance Journal.
A Casper, Wyo. couple is suing a local vapor cigarette company, saying the battery in one of the devices exploded and caused injuries. The lawsuit filed by Joshua and Allison Seel says Joshua suffered burns to his leg and genitals …
The article Wyoming Couple Sues Vapor Cigarette Dealer Over Injuries appeared first on Insurance Journal.
The head of Wall Street’s self-regulator criticized the Obama administration’s effort to impose stricter standards on brokers who manage retirement accounts, saying the rule would make it difficult for smaller investors to get advice. In a speech Wednesday, Financial Industry …
The article Wall Street Doesn’t Like Obama Plan on Retirement Brokers’ Fiduciary Duty appeared first on Insurance Journal.
Google Inc. will begin testing self-driving cars of its own design on public roads this summer, but they will have steering wheels and brakes, which is not what the company described a year ago. Engineers will operate 25 prototype vehicles, …
The article Google Driverless Test Cars to Have Steering Wheels, Brakes appeared first on Insurance Journal.
Maurice “Hank” Greenberg spent some of his 90th birthday party like he’s spent much of the past decade: angry. As he addressed his family at a lunch at a private estate this month, one of his sons made another laugh. …
The article Greenberg at 90: Still Fighting and Angry After All These Years appeared first on Insurance Journal.
Nearly three years after the demise of law firm Dewey & LeBoeuf, a Manhattan prosecutor opened the criminal trial of three of the firm’s former executives on Tuesday by accusing the trio of directing employees to make millions of dollars …
The article Opening Statements Start in Criminal Trial of Ex-Dewey Executives appeared first on Insurance Journal.
Xuber, Xchanging’s insurance software business has released its second wave of results from its global reinsurance survey, which focuses on regulation and mergers and acquisitions (M&A) activity. The survey found that, with reference to the re/insurance industry globally, it is …
The article Xuber Reinsurance Survey Focuses on Regulation and M&A appeared first on Insurance Journal.
Australian Symon Drake-Brockman is on the front line of a revolution in European finance. The former head of global debt markets at Royal Bank of Scotland now runs Pemberton Asset Management in London’s genteel Belgravia, several miles from the “Square …
The article Some European Insurers, Pension Funds Build Loan Books to Rival Banks appeared first on Insurance Journal.
Tokio Millennium Re AG (TMR), the Zurich-based global reinsurer and subsidiary of Tokio Marine & Nichido Fire Insurance Co. Ltd., announced that Mark Julian will assume the role of Head of Tokio Millennium Re AG, UK Branch (TMRUK), subject to …
The article Julian to Head Tokio Millennium Re AG, UK Branch appeared first on Insurance Journal.
Wildfires in northern Alberta kept about 10 percent of Canada’s oil sands production offline for a third day [on Tuesday] as Bank of America Corp. warned the blazes may slow the economy. A fire at Cold Lake Weapons Range that started …
The article Wildfires in Northern Alberta Continue to Disrupt Oil Sands Production appeared first on Insurance Journal.
“Risk levels are rising in Western economies due to the increased terror threat presented by Islamic extremists” according to the Aon Terrorism and Political Violence Map, released by Aon Risk Solutions, the global risk management business of Aon plc, in partnership …
The article Aon’s Political Risk Map Highlights Western Countries Increased Terror Threats appeared first on Insurance Journal.
Jardine Lloyd Thompson Group plc, a global provider of insurance, reinsurance and employee benefits-related advice, brokerage and associated services, announced it is appointing Charlie Rozes as group finance director, to succeed Mike Reynolds. JLT announced in August 2014 that Reynolds …
The article Jardine Lloyd Thompson Appoints Rozes as Group Finance Director appeared first on Insurance Journal.
Endurance Specialty Holdings Ltd., a Bermuda-based specialty provider of property and casualty insurance and reinsurance, announced that Jerome Faure will step down from the position of chief executive officer, Global Reinsurance, on January 1, 2016 and will retire from Endurance …
The article Faure to Retire as Endurance’s CEO, Global Re; Young Named as Successor appeared first on Insurance Journal.
West Virginia received poor marks in a new report that examined traffic fatalities and road and bridge conditions in rural areas. Twenty-nine percent of major rural roads in West Virginia were in poor condition in 2013, the sixth highest rate …
The article Report Finds West Virginia Roads, Bridges Among the Worst in U.S. appeared first on Insurance Journal.
A judge in Florida has tossed a portion of a lawsuit that alleged negligence against a cement company in the death of a 12-year-old central Florida girl who committed suicide after being bullied. Rebecca Sedwick jumped to her death from …
The article Cement Company Negligence Charge Dismissed in Florida Teen Suicide Suit appeared first on Insurance Journal.
Property insurers in Mississippi have until October 1, 2015 to respond to the Mississippi Insurance Department’s (MID) first call for homeowners’ insurance policy data that will be used to satisfy the requirements of the new Mississippi Property Insurance Clarity Act. …
The article Insurers Get Ready to Comply With New Mississippi Property Insurance Clarity Act appeared first on Insurance Journal.
A little more than four years after a powerful tornado destroyed most of Smithville, Miss., Monroe County residents are cleaning up from another twister. Monroe County Emergency Management Agency Director Robert “Bunky” Goza said no one was killed or injured …
The article Clean Up Underway for Mississippi County Hit by Tornado appeared first on Insurance Journal.
Reinsurance specialist Guy Carpenter & Co. has appointed of Britt Newhouse, chairman, to the additional role of interim CEO of U.S. Operations. This appointment is effective immediately. At the same time, the firm announced the departure of Andrew Marcell, former …
The article Marcell Exits Guy Carpenter; Newhouse Named Interim CEO of U.S. Operations appeared first on Insurance Journal.
A long-running effort in Connecticut to extend workers’ compensation benefits to police officers who receive mental health injuries on the job cleared a key hurdle on May 22 after years of defeat in the General Assembly. While the bill passed …
The article Effort to Expand Police Mental Health Coverage Progresses in Connecticut appeared first on Insurance Journal.
Two New York state lawmakers from Queens have introduced bills to regulate motorized bicycles used commercially with safety and insurance requirements. Sen. Jose Peralta and Assembly member Aravella Simotas propose that the Department of Motor Vehicles maintain a registry, establish …
The article New York Lawmakers Look to Regulate Motorized Bicycles appeared first on Insurance Journal.
The Iroquois Group hired Matt Fawber as regional manager in Pennsylvania. Fawber will be part of the Iroquois Group’s Mid-Atlantict team. Fawber joins Iroquois after 20 years on the carrier side of the insurance industry. He started his career with …
The article Iroquois Group Hires Fawber as Regional Manager in Pennsylvania appeared first on Insurance Journal.
Analysts who predicted the U.S. property/casualty industry would have a tough time topping its 2013 results in 2014 were largely correct as there was some slippage. However, while property/casualty insurers were not as profitable as they were in 2013, they …
The article For P/C Insurers, 2014 Was Better Than Average Year appeared first on Insurance Journal.
ING Groep NV is selling a 1.2 billion-euro ($1.3 billion) stake in insurer NN Group NV as it seeks to exit the company by the end of next year. ING is selling 45 million shares of NN to institutional investors, decreasing its …
The article ING to Sell $1.3 Billion of Shares in Insurer NN Group to Institutional Investors appeared first on Insurance Journal.
NationsBuilders Insurance Services, Inc. (NBIS), a provider of specialty construction insurance and a portfolio company of SunTx Capital Partners, has added workers’ compensation coverage from an A+ A.M. Best rated carrier for heavy construction industries. Workers’ compensation coverage is offered …
The article NBIS Adds Workers’ Comp Coverage for Heavy Construction Industries appeared first on Insurance Journal.
Federal officials have agreed to consider a proposal calling for an end to the federal flood insurance model that allows private insurance carriers to write and service policies. Senator Charles E. Schumer, D-N.Y., citing alleged “widespread fraud” and “unjust denials” …
The article FEMA Reconsidering Private Insurers’ Role in Flood Insurance appeared first on Insurance Journal.
A Portland, Ore. man burned when a hash oil operation exploded has filed an $11 million product liability suit against makers and distributors of the butane canisters he was using. The suit says 28-year-old Kevin Tveisme (TWEYES’-may) was burned over …
The article Oregon Hash Oil Maker Burned in Blast Sues Butane Businesses appeared first on Insurance Journal.
A California man was arrested in Arizona on charges that he scammed hundreds of people in three states in a fire insurance inspection scheme. Robert Musich, 46, was being held on bond following his arrest in Lake Havasu City. Musich, …
The article California Man Accused of Insurance Inspection Invoice Scam Nabbed appeared first on Insurance Journal.
A hard-fought bill to regulate ridesharing companies such as Uber and Lyft got the green light from Nevada lawmakers in the wee hours of Saturday morning, after weeks of behind-the-scenes negotiations, several public failures for Uber and a marathon workday …
The article Nevada Assembly Oks Bill To Regulate Ridesharing appeared first on Insurance Journal.
Massive storm systems that pushed through the South Central United States and northern Mexico over the Memorial Day weekend have left behind a path of devastation and destruction. A tornado raged through a Mexico border city shortly after daybreak on …
The article Deadly Storms Leave Devastation Behind in South Central States appeared first on Insurance Journal.
Edgewood Partners Insurance Center has added Courtney Pino as a commercial insurance broker/producer and has moved into its new Reno, Nev. offices. Pino will be responsible for new business development and the design and management of insurance and risk management …
The article EPIC Adds Pino as Producer in Nevada, Opens New Office appeared first on Insurance Journal.
The Texas Senate has voted to bar law enforcement from giving the media the names of people involved in traffic accidents. The move came on a bill to protect accident victims from being harassed by lawyers seeking to file lawsuits. …
The article Texas Bill Limiting Accident Report Info Advances appeared first on Insurance Journal.
Global reinsurer SCOR has appointed Spencer Alridge as Group chief compliance officer of the company’s Central Group Functions. Alridge will report to Romain Launay, general secretary, as of June 1. He will be based in Charlotte, N.C. Alridge began his …
The article SCOR Appoints Alridge as Chief Compliance Officer in North Carolina appeared first on Insurance Journal.
A northwest Indiana jury has awarded $32.5 million to a woman with a traumatic brain injury that left her partially paralyzed nine years ago when the car she was a passenger in struck a disabled semi-trailer on an interstate. The …
The article Indiana Jury Awards $32.5M to Traffic Accident Victim appeared first on Insurance Journal.
The Indiana Supreme Court says contractors who worked on a 19th century courthouse before a 2009 fire don’t have to pay some of costs of repairing the fire damage. The decision upholds lower court rulings favoring three contractors that were …
The article Indiana High Court Sides with Contractors on Fire Costs appeared first on Insurance Journal.
Iowa farmers who have been dealing for weeks with thousands of rotting dead chickens are frustrated by the government’s response to the Midwest bird flu outbreak. Several chicken and turkey farmers expressed their concerns at public meetings in northwest Iowa, …
The article Government’s Bird Flu Response Upsets Some Iowa Farmers appeared first on Insurance Journal.
Arkansas Treasurer Settles Ex-Employee’s Civil Rights/Disability Lawsuit Arkansas’ treasurer has settled a federal lawsuit filed against him by a former employee when he served as the Saline County clerk. An attorney for Republican Treasurer Dennis Milligan said his client reached …
The article Arkansas Treasurer Settles Civil Rights/Disability Lawsuit appeared first on Insurance Journal.
The Board of Placing Platform Limited (PPL) announced that, after a tender exercise, it has selected Ebix as its preferred software supplier. The Board acted on behalf of the International Underwriting Association (IUA), the London & International Insurance Brokers’ Association …
The article Placing Platform Ltd. Selects Ebix for London Market Implementation appeared first on Insurance Journal.
The New Hampshire Secretary of State’s office could lose its ability to oversee a public risk pool it’s had issues with for years, if a last-minute amendment to the state Senate budget remains in place. The New Hampshire Senate Finance …
The article N.H. Senate Amendment Would Change Who Polices Public Risk Pools appeared first on Insurance Journal.
Fort Lauderdale, Florida-based Patriot National Inc. announced that it has acquired Brandywine Insurance Advisors, a specialty insurance brokerage focusing on the construction industry. Patriot National said the total purchase price, assuming all earn-out criteria are met, would be $4.2 million. …
The article Patriot National Acquires Brandywine Insurance Advisors in Pennsylvania appeared first on Insurance Journal.
Nearly three years after the demise of law firm Dewey & LeBoeuf, three of its former top executives will go on trial on charges they cooked the books in an attempt to stave off the largest law firm collapse in …
The article Opening Statements Set for Tuesday in Criminal Trial of Dewey Trio appeared first on Insurance Journal.
An epidemic of bird flu that has devastated U.S. poultry flocks this year is likely to be under control within four months as the United States steps up measures to contain the virus, the head of the World Organization for …
The article Bird Flu Expected to Wane in U.S. As Weather Warms appeared first on Insurance Journal.
A proposed $19 million settlement between MasterCard Inc. and Target Corp. over the retailer’s 2013 data breach fell through after not enough banks accepted the deal, the credit card company said on Thursday. The agreement, announced in April, would have …
The article Banks Scuttle MasterCard Settlement with Target Over Data Breach appeared first on Insurance Journal.
Although fluctuating oil prices threaten Nigeria’s economic expansion, the country’s insurance sector offers significant potential for foreign investors attempting to build a profile in the market, according to A.M. Best in a special report. In a new report entitled “Nigeria’s Insurance …
The article A.M. Best: Nigeria Insurance Sector Offers Significant Potential for Investors appeared first on Insurance Journal.
Generali is reorganizing its German market business with an aim to enhance the competitive position of the group by the end of 2018. The company is instituting simpler and business-focused governance, a stronger focus on distribution strengths, a modern and …
The article Generali Reorganizes German Business to Enhance Competitive Position appeared first on Insurance Journal.
Security researcher Chris Roberts made headlines last month when he was hauled off a plane in New York by the FBI and accused of hacking into flight controls via his under seat entertainment unit. Other security researchers say Roberts – …
The article Are Planes Safe? Hacker Case Points to Deeper Cyber-Risk Issues appeared first on Insurance Journal.
The El Niño taking hold across the Pacific strengthened, according to Australia’s Bureau of Meteorology, citing indexes of sea surfaces temperatures that showed the same trend for the first time since the event in 1997-1998. All five NINO indexes, averaged over the …
The article El Niño Strengthens as Pacific Temperatures Show Same Trend as ’97-’98 appeared first on Insurance Journal.
A Union, S.C., woman is accused of setting fire to her mobile home with her two cats still inside. The Herald-Journal of Spartanburg reports the Union County Sheriff’s Office announced the arrest of 28-year-old April Lynn Hudson May 21. Deputies …
The article South Carolina Woman Accused of Burning Down Home for Insurance Money appeared first on Insurance Journal.
A Florida children’s dentist accused of running a “house of horrors” that included performing surgical procedures without anesthetic has agreed to stop practicing dentistry. Dr. Howard Schneider of Jacksonville faces multiple lawsuits and his office has been picketed in recent …
The article Florida ‘House of Horrors’ Dentist Surrenders License appeared first on Insurance Journal.
A 2003 law capping medical malpractice lawsuit awards at $500,000 can’t be applied retroactively. That’s what the Supreme Court ruled in a Miami-Dade County case in which a woman suffered permanent damage to her leg from unnecessary surgery in early …
The article Florida Supreme Court Rules Medical Malpractice Caps Aren’t Retroactive appeared first on Insurance Journal.
The U.S. auto safety watchdog, long criticized as toothless and slow, is showing both bark and bite under its new boss – a testimony to his credentials as a safety expert and a hardening of the administration’s policy after a …
The article Safety Chief Rosekind Shifts Defective Car Oversight into Overdrive appeared first on Insurance Journal.
JetBlue Airways Corp. believes it had no way to know it should have grounded a former pilot before his midair meltdown forced an emergency landing, and that his $14.9 million damages lawsuit should be dismissed. “There is absolutely nothing JetBlue …
The article JetBlue: No Way to Prevent Pilot’s Meltdown appeared first on Insurance Journal.
Sandell Asset Management Corp., the activist hedge-fund firm run by Tom Sandell, said PartnerRe Ltd. directors hurt shareholders by pushing a merger with AXIS Capital Holdings Ltd. rather than talks with a hostile bidder. “We will not hesitate to exercise the rights …
The article PartnerRe Board Slammed by Activist Hedge Fund for Rejecting EXOR Bid appeared first on Insurance Journal.
The Independent Insurance Agents and Brokers of New Jersey (IIABNJ) is launching a new program aimed at supporting the men and women of the armed forces and assisting them in finding post-military careers in the insurance industry. IIABNJ’s new program, …
The article IIABNJ Launches U.S. Veterans Pre-Licensing Program appeared first on Insurance Journal.
As the weather warms and countdowns until summer vacations begin, the Pennsylvania Insurance Department is reminding consumers to make sure they are fully informed on their insurance coverage when preparing to leave for vacation. “Before leaving for a trip, no …
The article Penn. Offers Insurance Tips for Consumers Preparing for Summer Vacations appeared first on Insurance Journal.
Beazley has launched of a new risk management website for Beazley Breach Response (BBR) policyholders. The site offers tools and resources to help insureds prepare for and respond to a data breach and minimize reputational risk. In 2012, Beazley formed …
The article Beazley Launches Risk Management Website for Breach Response Policyholders appeared first on Insurance Journal.
Maine’s highest court is upholding the conviction of a northern Maine man convicted of collecting more than $50,000 in workers’ compensation benefits while operating an engine repair business. An Aroostook County jury convicted 63-year-old Stephen Tucker Sr. of theft in …
The article Maine’s Highest Court Upholds Workers’ Comp Fraud Conviction appeared first on Insurance Journal.
Republican Texas Gov. Greg Abbott has signed into law a prohibition on cities and towns imposing local ordinances preventing fracking and other potentially environmentally harmful oil and natural gas activities. The much-watched measure sailed through the GOP-controlled Legislature after voters …
The article Texas Law Bans Cities From Banning Fracking and Drilling appeared first on Insurance Journal.
Law enforcement officials say Illinois boaters should be aware of new laws taking effect this year. Lake County Sheriff Mark Curran Jr. says the laws will keep boaters safe. It’s now a requirement to display a bright orange flag from …
The article Watercraft Laws Taking Effect in Illinois Are Aimed at Safety appeared first on Insurance Journal.
The ridesharing service Uber is expanding to five more Wisconsin cities. Uber already operates in Madison, Milwaukee and Green Bay. Thursday it rolls out in Wisconsin Dells, Lake Geneva, Racine, Kenosha and Waukesha. The Journal Sentinel reported the expansion comes …
The article Ridesharing Service Expands to 5 More Wisconsin Cities appeared first on Insurance Journal.
More than 400 homeowners whose property lies along the Missouri River in southeast South Dakota are no longer facing a potential surcharge on their flood insurance. The Federal Emergency Management Agency had threated to charge $50 to those homeowners in …
The article Homeowners in a South Dakota County Won’t See Flood Insurance Surcharge appeared first on Insurance Journal.
With hurricane season approaching, the Army Corps of Engineers is running through its plans to better protect New Orleans from flooding and testing pumps and floodgates built around this low-lying metropolis since Hurricane Katrina struck 10 years ago. Corps officials …
The article Hurricane Protection System for New Orleans Tested by Army Corps appeared first on Insurance Journal.
Southwest Risk, LP has named Jennifer Flake vice president and broker of transportation. Flake will work out of Southwest Risk’s new Fort Worth, Texas office. Flake began her insurance career in 1997 starting with a direct market followed by moves …
The article Southwest Risk Names Flake Vice President in Texas appeared first on Insurance Journal.
In the months after Superstorm Sandy devastated the Jersey shore, New Jersey Gov. Chris Christie warned residents the damage would not be quickly undone. Things would only look moderately better in the first summer after the storm, he said, and …
The article Jersey Shore Still Recovering as 3rd Post-Sandy Summer Nears appeared first on Insurance Journal.
Keystone Insurers Group welcomed Springfield, Mo.-based agency Barker Phillips Jackson as its second franchise partner in the state and Winter-Dent & Company of Jefferson City as its third. Earlier in the week Keystone announced its first franchise partner in Missouri. …
The article Keystone Takes on Two New Missouri Partners appeared first on Insurance Journal.
Arthur J. Gallagher & Co. has acquired James R. Weir Insurance Agency Inc. in Mankato, Minn. Terms of the deal were not disclosed. Jay Weir, Michael Donohoe and their associates will continue to operate from their current location under the …
The article Arthur J. Gallagher Acquires James R. Weir in Minnesota appeared first on Insurance Journal.
A.M. Best has assigned a financial strength rating of A (Excellent) and an issuer credit rating of “a” to Coverys Specialty Insurance Company. The outlook assigned to both ratings is stable. Coverys Specialty Insurance Company is a New Jersey-domiciled excess …
The article A.M. Best Assigns Ratings to Coverys Specialty in New Jersey appeared first on Insurance Journal.
New Hampshire health officials have released a report suggesting there’s a decrease in occupational injury and illness rates in the state over the years. The report finds that from 2000 to 2012, there were 160 work-related fatalities in New Hampshire. …
The article Report Suggests Decrease in Occupational Injuries, Illnesses in N.H. appeared first on Insurance Journal.
An unusually cool and wet May is delaying the start of the wildfire season around northern Arizona. Weather conditions at this time last year were hot and windy, frustrating firefighters battling what became a 33-square-mile blaze in Oak Creek Canyon, …
The article Arizona Wildfire Season Delayed by Cool, Wet Weather appeared first on Insurance Journal.
Interior Alaska and other parts of the state are experiencing conditions ripe for forest fires and natural resources officials are urging caution in outdoor activities heading into Memorial Day Weekend. Information officer Tim Mowry of the Alaska Interagency Coordination Center …
The article Dry Conditions Have Alaska Wildfire Responders Keeping Eye Out appeared first on Insurance Journal.
More than 7,700 gallons of oil has been raked, skimmed and vacuumed from a spill that stretched across 9 miles of California coast, just a fraction of the sticky, stinking goo that escaped from a broken pipeline, officials said. Up …
The article More Than 7,700 gallons of Oil Sopped up From California Coast appeared first on Insurance Journal.
A swarm of small earthquakes have struck a sparsely populated area of the Southern California desert, but there were no reports of any damages or injuries. The first, a magnitude-4.0 quake, struck at 8:15 p.m. Wednesday at the edge of …
The article Swarm of Small Quakes Shake Southern California Desert appeared first on Insurance Journal.
The Bermuda Monetary Authority has appointed Shanna Lespere as its chief operations officer (COO). In her new position, effective immediately, Lespere will oversee the authority’s operational functions – communications, document management, enterprise risk management, facilities, finance and currency, human resources, …
The article Bermuda Monetary Authority Appoints Lespere as Chief Operations Officer appeared first on Insurance Journal.
Officials with Florida’s Department of Agriculture say 103 skimmer devices that are used for identity theft have been discovered at more than 7,500 gas stations it inspected. The agency announced its findings this week. The report comes after three months …
The article Florida Officials Find 103 Card Skimmers at Gas Stations Statewide appeared first on Insurance Journal.
Willis North America announced two appointments to its Construction Practice. Joseph Russo has been appointed East Region Broking Leader for the National Construction team based in New York. In this newly created role, Russo will serve as a senior construction …
The article Willis Construction Adds Russo in New York, Johnson in Chicago appeared first on Insurance Journal.
The U.S. Drug Enforcement Administration (DEA) and federal prosecutors have made 280 arrests in what they call an “unprecedented enforcement action” against doctors, pharmacies and pill mills for alleged trafficking and abuse of prescription drugs. The 15-month operation, dubbed Operation …
The article DEA ‘Operation Pilluted’ Nets 280 Drug Trafficking Arrests in 4 States appeared first on Insurance Journal.
France’s largest insurer will scrap holdings in coal companies because of concerns about climate change, broadening support for the fossil-fuel divestment movement to a major mainstream investor. AXA SA Chief Executive Officer Henri de Castries said he’s working to sell …
The article AXA Plans to Sell Coal Assets, Citing Concerns About Climate Change appeared first on Insurance Journal.
A bill to ease regulations across the U.S. financial sector passed a Senate committee on Thursday with no support from Democrats, in a setback to the largest overhaul of 2010 banking reforms since the rules were put in place. The …
The article Senate Committee Passes Dodd-Frank Relief Bill Without Democrats appeared first on Insurance Journal.
The UK’s Financial Conduct Authority criticized the insurance industry for “poor practices” and “significant” failures in handling claims for small and medium-sized enterprises (SMEs). The regulator said a review of the experiences of business customers showed more dissatisfaction with insurers than a …
The article UK’s Regulator Criticizes Insurers for Failures in Handling Claims for SMEs appeared first on Insurance Journal.
PartnerRe Ltd. said in a statement Friday that its suitor EXOR has rejected any negotiations to raise its $6.8 billion hostile offer to purchase the Bermuda-based reinsurer. As a result, the PartnerRe said it will ask shareholders to vote on the planned …
The article PartnerRe Shareholders to Decide on AXIS Bid; Board Rejects EXOR Offer appeared first on Insurance Journal.
While peanut butter and cantaloupe made big news in recent years, ice cream is now the latest item to be pulled off grocery store shelves due to foodborne-illness. Brenham, Texas-based Blue Bell Creameries’ listeria-tainted ice cream has been linked to …
The article The Scoop on Recall Insurance and Listeria-Linked Ice Cream appeared first on Insurance Journal.
North Carolina officials are warning even more residents living near Duke Energy’s coal ash pits that it’s not safe to drink or cook with their well water. The state Department of Environment and Natural Resources said Wednesday that 191 drinking …
The article More North Carolina Wells Near Duke Coal Ash Pits Show Water Contamination appeared first on Insurance Journal.
ConAgra Foods agreed to pay $11.2 million, a sum that includes the highest criminal fine ever in a U.S. food safety case, to settle a federal charge that the company shipped Peter Pan peanut butter tainted with salmonella from a …
The article ConAgra to Settle Georgia Peanut Butter Salmonella Charges for $11.2M appeared first on Insurance Journal.
IFG Companies has named Sophia J. DeCouto as vice president and head of the Primary Property Unit within its Brokerage Property Division. DeCouto comes to IFG Companies with experience in excess and surplus lines property underwriting, including primary property, shared …
The article IFG Companies Adds DeCouto as VP of Primary Property Unit in Atlanta appeared first on Insurance Journal.
Bermuda-based Montpelier Re Holdings Ltd announced that it has scheduled a special general meeting of its shareholders to “consider and vote upon a proposal to approve the previously announced Agreement and Plan of Merger,” dated March 31, 2015. Shareholders will …
The article Montpelier Re to Hold Special Shareholders’ Meeting on Endurance Acquisition appeared first on Insurance Journal.
AXA announced it has entered into an agreement with SulAmérica SA to acquire 100 percent of its large industrial and commercial risks insurance subsidiary, SulAmérica Companhia de Seguros Gerais, for 135 million Brazilian real ($44.7 million ). The subsidiary handles …
The article AXA to Acquire Large Commercial Risks Subsidiary of SulAmérica appeared first on Insurance Journal.
EXOR SpA, the investment vehicle of Italy’s Agnelli family, reiterated that it won’t sweeten a $6.8 billion offer to buy PartnerRe Ltd. as the reinsurer demands a higher price to abandon a merger deal with AXIS Capital Holdings Ltd. EXOR …
The article EXOR Refuses to Sweeten $6.8 Billion Offer to Acquire PartnerRe appeared first on Insurance Journal.
President Barack Obama and potential presidential candidate Jeb Bush declared a war of words within the war on climate change this week. The two diametrically opposed politicians’ verbal clash in the media may be portentous glimpse at one of the …
The article Insurance Pros: What Are Your Thoughts on Climate Change? appeared first on Insurance Journal.
NFP, a New York City-based provider of employee benefits, property/casualty insurance, retirement and wealth management services, announced it has acquired Horenberg Insurance Services Inc., an independent agency in Burtonsville, Maryland. Terms of the transaction were not disclosed. NFP said the …
The article NFP Acquires Horenberg Insurance Services in Maryland appeared first on Insurance Journal.
The union for Amtrak’s locomotive engineers urged the railroad on Tuesday to put a second crew member at the controls of trains on the busy Northeast Corridor, where a derailment killed eight people and injured more than 200 others. “The …
The article Unions Urge Amtrak to Put 2nd Crew Member in Locomotives appeared first on Insurance Journal.
IronHealth, the specialty healthcare unit of Ironshore Inc., has introduced a program to protect healthcare providers from the financial risks associated with bundled payment contracts. The Centers for Medicare and Medicaid Services (CMS), as well as commercial payors and self-funded …
The article IronHealth Launches Provider Protection for Bundled Payment Contracts appeared first on Insurance Journal.
American Family Insurance has introduced a new transportation network company insurance coverage in the state of Colorado, designed to meet the needs of customers who are independent contractors for transportation network companies such as Uber or Lyft. These ridesharing services, …
The article American Family Launches Coverage for Ridesharing Drivers in Colorado appeared first on Insurance Journal.
Portage, MI.-based J.M. Wilson has promoted Jennifer Councell to fleet transportation underwriter. Councell is responsible for quoting new and renewal business for independent insurance agents in 21 states. Councell has been with J.M. Wilson since 2007, where she began as …
The article J.M. Wilson in Michigan Promotes Councell to Fleet Underwriter appeared first on Insurance Journal.
South Dakota and federal officials this week were assessing tornado damage to homes and businesses in Charles Mix and Douglas counties, including the town of Delmont. Officials say the preliminary assessment is the first step to determining whether aid will be made …
The article South Dakota Officials Assess Delmont-Area Tornado Damage appeared first on Insurance Journal.
Oklahoma Gov. Mary Fallin has requested federal disaster assistance for Cleveland, Grady and Oklahoma counties following tornadoes, severe storms and flooding in recent weeks. Fallin sent a letter to President Barack Obama Tuesday that says Oklahoma’s latest round of severe …
The article Oklahoma Governor Seeks Federal Disaster Assistance Following Tornadoes appeared first on Insurance Journal.
Tornadoes roared across North Texas, spreading widespread damage but leaving no immediate reports of injuries. What storm spotters reported as at least one tornado inflicted heavy damage late Tuesday night to houses and apartment buildings in the Runaway Bay and …
The article Tornadoes Strike North Texas, Some Damage Reported appeared first on Insurance Journal.
An ex-Houston , Texas resident who says he contracted listeria-related meningitis after eating Blue Bell ice cream has sued the company. David Philip Shockley seeks unspecified damages in the negligence lawsuit filed in Austin. Texas-based Blue Bell in April recalled …
The article Former Texan Who Got Sick on Ice Cream Sues Blue Bell Alleging Negligence appeared first on Insurance Journal.
Workers’ compensation claims in Texas grew more slowly than in most of the other states, according to a Workers Compensation Research Institute report out Thursday that studied 17 states. The total average cost per claim for injured workers in Texas …
The article Texas Workers’ Comp Claims See Slow Growth: WCRI appeared first on Insurance Journal.
A northern Idaho woman is suing the national restaurant chain Red Robin in federal court because she says she was fired for complaining about racist hiring practices. Stacie Ward of Post Falls filed the whistleblower lawsuit on Tuesday, contending that …
The article Idaho Woman Sues Red Robin, Alleging Her Firing Was For Opposing Racism appeared first on Insurance Journal.
SMC Construction of Reno, Nev. is suing the owners of the Hard Rock Hotel & Casino Lake Tahoe for failing to pay more than $6 million for work to finish the property before its Jan. 28 grand opening. The Reno …
The article Hard Rock Lake Tahoe Sued by Reno Contractor For $6M appeared first on Insurance Journal.
Steve Wynn’s push for a stronger hand when suing people who badmouth him is being viewed by some, including Yelp Inc., as stacking the deck against free speech. The social media site called on its subscribers to stop the billionaire …
The article Steve Wynn’s Assault on Nevada Free-Speech Raises Yelp’s Ire appeared first on Insurance Journal.
San Francisco, Calif.-based Edgewood Partners Insurance Center has named Myesha Lamison director of benefits technology as a part of EPIC’s employer services platform team. Lamison will be based in EPIC’s San Francisco office and report to John Gaffney, operations director …
The article EPIC in California Names Lamison Director of Benefits Technology appeared first on Insurance Journal.
Traffic jams in the future could cause potentially dangerous data snarl-ups as cars packed with entertainment, safety and navigation features vie for airwaves with smartphones, tablets and networked features in other vehicles, according to a study. By 2024, mobile networks …
The article Smartcars Could Cause Traffic Headaches appeared first on Insurance Journal.
Grocery retailers traditionally face a number of risks that are not covered by typical property, crime or cyber insurance programs. A new white paper report from global independent insurance broker Lockton — “Insuring the Operational Risks of Grocers with Intangible …
The article Top 5 Unusual, Often Uninsured Risks Facing Grocers appeared first on Insurance Journal.
CareFirst BlueCross BlueShield, which sells health insurance in Maryland, Virginia and the District of Columbia, said on Wednesday that a cyberattack compromised the data of 1.1 million current and former members. CareFirst, which has a total of 3.4 million customers, …
The article Health Insurer CareFirst Says Cyberattack Stole Data of 1.1M Users appeared first on Insurance Journal.
Uber Technologies Inc.’s attempt to replace a patchwork of local rules in Texas with a state law regulating its car-booking business is headed for defeat because lawmakers have yet to act on a key measure with only days remaining in …
The article Uber Facing Another Setback As Texas Passes on Ridesharing Law appeared first on Insurance Journal.
Ascot Underwriting Ltd. has formed Renewco Consortium (ReCo), a dedicated and independent underwriting platform for the renewable energy industry. The Lloyd’s consortium is jointly led by Ascot and Chaucer and managed by Ascot; Skuld is the third consortium partner. With …
The article Ascot, Chaucer & Skuld Form Underwriting Consortium for Renewable Energy appeared first on Insurance Journal.
