Insight Risk Management’s Nashville branch, WC Dillon Co./Insight, has hired three new staff members –Raleigh Harwell, Kaitlyn Russell, and Vickie Owens – increasing its local staff to 10. The company said the move is part of its strategy to take advantage …
The article Insight Risk Management Adds 3 Staff Members to Nashville Office appeared first on Insurance Journal.
The National Hurricane Center and Florida International University are launching a new Spanish-language website for hurricane preparation. The website will include information on hurricane science, residential mitigation strategies, preparedness, and announcements, including tropical cyclone advisories. The six-month Atlantic hurricane season …
The article National Hurricane Center, Florida University to Launch Hurricane Site in Spanish appeared first on Insurance Journal.
New data released by federal authorities show the housing characteristics of Florida’s four major metro areas – Jacksonville, South Florida, Orlando and Tampa. According to the report, Jacksonville residents are more likely to have fireplaces in their homes than in …
The article Census Data Breaks Down Florida Metro Area Housing Traits appeared first on Insurance Journal.
Independent Insurance Agents of Virginia (IIAV) inducted its 2015/2016 Board of Directors during the IIAV annual convention held June 21-23, 2015 at the Hilton Virginia Beach Oceanfront in Virginia Beach, Virginia. IIAV’s Board of Directors consists of: Chairman of the …
The article Independent Insurance Agents of Virginia Elects Officers for 2015/2016 appeared first on Insurance Journal.
Founders Professional, a professional liability insurance wholesaler, announced it is opening an office in downtown Chicago. The new location will be Founders Professional second; its first location is in St. Petersburg, Fla. Marketing and business development executive Aaron Lipson has …
The article Founders Professional Opening Chicago Office appeared first on Insurance Journal.
The Hilb Group, a Richmond, Virginia-based middle market insurance agency, today announced its acquisition of two New England insurance brokerage firms: Cornerstone Group, a benefit advisory firm in Warwick, Rhode Island; and Gencorp Insurance Group, a property/casualty and employee benefits …
The article Hilb Group Acquires Cornerstone Group, Gencorp Insurance Group in R.I. appeared first on Insurance Journal.
Dovetail Insurance has expanded its MetLife Auto & Home Business Owners Policy (BOP) offering to five additional states through its NetBOP Insurance Portal. The MetLife Auto & Home BOP coverage was recently launched in Colorado, Nebraska and New Mexico, and …
The article Dovetail Insurance Expands MetLife BOP Product to Five More States appeared first on Insurance Journal.
Calling the Supreme Court decision giving same-sex couples the right to marry a “lawless ruling,” Texas’ conservative Republican Attorney General Ken Paxton said state workers can cite their religious objections in denying marriage licenses. He warned in a statement on …
The article Texas AG: State Workers May Deny Gay Marriage Licenses appeared first on Insurance Journal.
ACE Group has launched a new online tool, ACE EZQuote, that allows independent agents and brokers to generate a bindable quote for boats in less than four minutes. Available through its ACE Recreational Marine Insurance business, ACE EZQuote works for …
The article ACE Introduces Online System for Quoting Boats appeared first on Insurance Journal.
Illinois Gov. Bruce Rauner has an answer to the state Capitol budget impasse: adopt five “structural reforms” that make it cheaper to do business in Illinois. House Speaker Michael Madigan of Chicago calls the proposals “extreme” and anathema to legislative …
The article Tort, Workers’ Comp Reforms Among Illinois Gov.’s Budget Holdouts appeared first on Insurance Journal.
Extensive flooding and heavy rains have affected corn fields across Ohio and left growers contending with the possibility of lost or damaged crops. Flooding and ponding could kill some corn crops, an Ohio State University Extension agronomist said in a …
The article Flooding, Rain Problematic for Ohio Corn Growers appeared first on Insurance Journal.
The Court of Appeal upheld a decision by California Insurance Commissioner Dave Jones to revoke the broker-agent license of Wellman Dale Shew, 55, of Fresno. When the California Department of Insurance learned that Shew had two misdemeanor convictions in California …
The article Court Upholds California Broker’s License Revocation for Sexual Misconduct appeared first on Insurance Journal.
Nebraska emergency officials say recent severe weather has caused more than $13.5 million in damage to roads, bridges and other public infrastructure. The Nebraska Emergency Management Agency said that the damage was caused in 12 counties that were just designated …
The article Weather Damage to Nebraska’s Public Infrastructure Exceeds $13.5M appeared first on Insurance Journal.
The New Mexico Court of Appeals has cleared the way for farm and ranch laborers to receive workers’ compensation benefits. In a ruling issued this week, the court declared unconstitutional a provision in state law that had excluded those workers …
The article New Mexico Court Rules Farm, Ranch Laborers Eligible for Workers’ Comp appeared first on Insurance Journal.
The Independent Insurance Agents of Texas (IIAT) named Adam Sammons of MHBT in Dallas the André P. Juneau Young Agent of the Year at its annual conference and trade show in San Antonio. This award is given annually to a …
The article Sammons Named Texas Group’s Young Agent of the Year appeared first on Insurance Journal.
The New Orleans Fire Department is celebrating the arrival of a new four-legged recruit. “Dakota” is a Labrador retriever trained to sniff out accelerants used by arsonists. The department says in a weekend news release that the dog and its …
The article Accelerant-Sniffing Dog Joins New Orleans Fire Dept. appeared first on Insurance Journal.
Several parents are suing a private, military-style voucher school in Milwaukee, Wis., alleging their children were subjected to abuse and humiliating treatment when they attended a boot camp last fall. The students at Right Step Inc., which serves low-income children, …
The article Parents Sue, Say Wisconsin Voucher School Abused Students appeared first on Insurance Journal.
The U.S. Ninth Circuit court on Monday upheld California’s fee requirement on workers’ compensation liens. The lien fees were a key part of Senate Bill 863, the workers’ comp reform bill passed in 2012. These liens are filed by medical …
The article Ninth Circuit Court Upholds California’s Workers’ Comp Liens appeared first on Insurance Journal.
Germanwings is offering €25,000 ($27,833) compensation payments to close relatives of those killed in the March 24 plane crash for their pain and suffering, it said on Tuesday. Evidence shows co-pilot Andreas Lubitz locked the captain out of the cockpit …
The article Germanwings Offers Emotional Damage Payments to Crash Victims’ Families appeared first on Insurance Journal.
Wholesale insurance broker Swett & Crawford Brasil, part of Cooper Gay Swett & Crawford (CGSC), the independent global wholesale, underwriting management and reinsurance broker, announced that it has purchased 51 percent of the shares of Casa do Corretor, a wholesale …
The article Swett & Crawford Brasil Expands with Purchase of Shares in Local Broker appeared first on Insurance Journal.
Worldwide Facilities, a wholesale broker and managing general agent based in Los Angeles, hired three new brokers for its recently opened Hartford, Connecticut, office. Worldwide Facilities hired Suzanne Averill as senior associate broker in Hartford. Averill brings 32 years of …
The article Worldwide Facilities Hires 3 Brokers for New Connecticut Office appeared first on Insurance Journal.
Liberty Mutual Insurance has promoted Jamie Trish to president of its Northeast Business Insurance operations effective July 1. Trish will be responsible for the profitable growth of business in the region that includes Connecticut, Maine, Massachusetts, New Hampshire, New Jersey, …
The article Liberty Mutual Promotes Trish to Northeast Business Insurance President appeared first on Insurance Journal.
When Jonathan G. Stein became unhappy with his long-time car insurance carrier earlier this year, the 41-year-old lawyer from Elk Grove, California switched to a new company. How was he rewarded for his disloyalty after nine years? With savings of …
The article Loyalty to Insurer Doesn’t Always Pay Off for Drivers appeared first on Insurance Journal.
A federal jury on Monday ordered the chief executive officer of a Manhattan investment firm to pay $18 million in damages to a former employee for sexual harassment and defamation. Benjamin Wey, who heads up New York Global Group, was …
The article Jury Orders N.Y. Financier to Pay Ex-Employee $18M in Harassment Case appeared first on Insurance Journal.
MetLife asked a federal judge on Monday to force the U.S. government to hand over 500 pages of confidential records that relate to financial regulators’ decision to designate the insurance giant as systemically important. In a filing in U.S. District …
The article MetLife Seeks Documents from Systemic Risk Panel appeared first on Insurance Journal.
General Motors Co. directors don’t have to face investors’ allegations that lax supervision allowed the company to make cars with faulty ignition systems blamed for more than 100 people their lives. GM’s board had adequate risk-assessment systems in place even …
The article GM Directors Off the Hook; Court Nixes Investors’ Lawsuit Over Ignition Switch appeared first on Insurance Journal.
French police have detained two executives from Uber for questioning as a government clampdown intensifies on the U.S.-based taxi and ride-sharing service. Thibaud Simphal, manager of Uber France, and Pierre-Dimitri Gore-Coty, general manager for western Europe, were detained as part …
The article Two Uber Executives Detained by French Police Pending Investigation appeared first on Insurance Journal.
Willis Group Holdings Plc, the world’s third-largest insurance broker, and risk adviser Towers Watson & Co. agreed to an all-stock merger creating a firm with a combined market value of $18 billion. Towers Watson shareholders will receive 2.649 Willis shares …
The article Willis Group, Towers Watson Agree to $18 Billion Merger appeared first on Insurance Journal.
Fairfax Financial Holdings, which bet on a successful turnaround in Greece in 2014, stands to take a hit from a Greek default, but one-time gains and other factors are likely to soften the blow, the Royal Bank of Canada (RBC) …
The article Fairfax’s Potential Hit from Greek Exposure to be Limited – RBC Report appeared first on Insurance Journal.
Berkshire Hathaway Specialty Insurance Co. (BHSI) said it is entering the healthcare underwriting market in Australia, and has appointed Tony Bainbridge, previously with American International Group (AIG), to lead the effort. The insurer also announced it has opened an office …
The article Berkshire Hathaway Entering Australia, New Zealand Health Care Market appeared first on Insurance Journal.
A judge will let federal prosecutors keep working on a criminal case over a chemical spill last year in West Virginia, shooting down arguments that prosecutors should be recused from the case because they were among the 300,000 people without …
The article Judge Won’t Recuse Prosecutors on West Virginia Chemical Spill Trial appeared first on Insurance Journal.
Don Giordano has joined Ohio-based The McGowan Companies (TMC) as an executive vice president. Giordano will be working with McGowan’s carrier and distribution partners to create additional excess casualty products and services, which will complement TMC’s industry leading excess casualty …
The article Giordano Joins The McGowan Companies as Executive VP appeared first on Insurance Journal.
Don’t bring your selfie stick to Disney World. Officials announced Friday that a ban takes effect today at all four Disney theme parks in Orlando as well as at Disney’s water parks and Disney Quest, a gaming attraction at Downtown …
The article Disney Bans Selfie Sticks, Cites Safety Concerns appeared first on Insurance Journal.
The Florida Division of Insurance Fraud announced the arrest of Dr. Troy Godsey and Renata Berriel Deazevedo for their roles in a scheme to defraud multiple insurance companies of more than $100,000. Troy Godsey, a licensed chiropractor, established Spine Health …
The article Florida PIP Clinic Owner Charged with More Than $100K in Insurance Fraud appeared first on Insurance Journal.
With scientists expecting the seas to rise about 3 feet over the next 100 to 150 years, a new study from the National Park Service says the two national seashores on North Carolina’s Outer Banks risk losing buildings and other …
The article Study: North Carolina’s Outer Banks Risk Losing $2B to Rising Seas appeared first on Insurance Journal.
A Texas appeals court has ruled that an insurer can’t recoup premium taxes reluctantly paid on reinsurance agreements with two public employee self-insured risk pools on the grounds that the risk pools aren’t insurers. In a case appealed from a …
The article Texas Court Denies Insurer’s Reinsurance Tax Break Argument appeared first on Insurance Journal.
SpaceX’s Falcon 9 rocket en route to the International Space Station erupted in flames on Sunday moments after its launch, delivering a potential business interruption blow to the so-far highly successful private space company. The craft was about 21 miles …
The article SpaceX Cargo Loss is Government’s, but Rocket Costs and Backlog Uncertain appeared first on Insurance Journal.
Officials from the New Hampshire fire marshal’s office are urging residents and visitors alike to use caution in buying and using fireworks as the July Fourth holiday weekend approaches. They encourage people to buy their fireworks through licensed retail stores …
The article New Hampshire Fire Marshal’s Office Urges Fireworks Safety appeared first on Insurance Journal.
Independent insurance wholesaler All Risks Ltd. hired Stu Korn as brokerage underwriter in the Non-Standard Homeowners unit. In this role, Korn will be responsible for cultivating and growing personal lines business, focusing on high value residential properties in New Jersey …
The article All Risks in Maryland Hires Korn as Brokerage Underwriter appeared first on Insurance Journal.
The Federal Emergency Management Agency (FEMA) announced that Sept. 15 would be the last day for National Flood Insurance Program (NFIP) policyholders who filed Superstorm Sandy flood claims to sign up for the review process. “While extensions may be granted …
The article FEMA Sets Sept. 15 Deadline for Requesting Sandy Flood Claims Review appeared first on Insurance Journal.
A natural gas pipeline explosion and fire in a Texas Panhandle town has left four workers injured, including two in critical condition. The Carson County Sheriff’s Office says the accident happened at night on June 25 in White Deer, about …
The article Natural Gas Pipeline Explosion Leaves 4 Hurt in Texas Town appeared first on Insurance Journal.
China is seeking a fair, global system to tackle climate change and is about to make a joint announcement on the environment, Chinese Premier Li Keqiang said before a summit in Brussels with top European Union officials on Monday. Expectations …
The article China Seeking “Win-Win” Climate Plan; Poised for Pledge appeared first on Insurance Journal.
A Newark, New Jersey, man who committed insurance fraud is now headed to prison. New Jersey state authorities say Derrick Smith recently received a three-year sentence. Smith sought more than $15,000 from his insurer for damage done to his car …
The article N.J. Man Sentenced for Insurance Fraud Over Damage Done to Car appeared first on Insurance Journal.
The Independent Insurance Agents of Texas (IIAT) named Garry Kaufman, president of Galveston Insurance Associates, as the recipient of its Drex Foreman Award at IIAT’s 118th Annual Conference and Trade Show in San Antonio in early June. Named after Drex …
The article Kaufman Named Top Insurance Agent by Texas Agents’ Group appeared first on Insurance Journal.
A Boeing 787 Dreamliner en route from Mexico City to Paris made an emergency landing at Ireland’s Shannon Airport on Monday and all 193 people on board disembarked safely, a spokesman for the airport said on Monday. Mexico’s Aeromexico said …
The article AeroMexico Dreamliner Makes Emergency Landing in Ireland appeared first on Insurance Journal.
More than 1,300 damage claims were filed in a northeast Ohio court on behalf of the heirs of Akron-area rubber and auto workers who died or developed serious illnesses from exposure to asbestos. The claims in Summit County Probate Court …
The article More than 1,300 Claims Filed in Ohio Asbestos Suit appeared first on Insurance Journal.
The ongoing clash over traffic camera enforcement in Ohio isn’t slowing down. The FBI is now involved, investigating possible public corruption over camera vendor dealings in Columbus and Cincinnati. State lawmakers who saw last year’s bill to sharply restrict camera …
The article FBI Enters Battle Over Traffic Cameras in Ohio appeared first on Insurance Journal.
President Barack Obama has issued a disaster declaration for nine Arkansas counties because of recent storms, tornadoes and flooding. The declaration makes federal funds available for temporary housing and home repairs, low-cost loans and other programs for individuals in Crawford, …
The article Disaster Declared in 9 Arkansas Counties Following Storms appeared first on Insurance Journal.
A 16-year-old driver has been blamed for a wreck that caused more than $100,000 in damage to new trucks and other property at a Texas dealership. Corpus Christi police say the driver suffered minor injuries in the accident on June …
The article 16 Year-Old Driver Causes $100K Damage at South Texas Dealership appeared first on Insurance Journal.
The Science Museum of Minnesota, a major tourist attraction that opened its new, $100 million home just 15 years ago, has serious water infiltration problems that could leave state taxpayers with a hefty repair bill. Museum leaders have approached state …
The article Design Questioned by Minnesota Science Museum with Water Intrusion appeared first on Insurance Journal.
Church Mutual Insurance Co., based in Merrill, Wis., announced Laura J. Hughes will join the company as chief marketing officer effective July 6, 2015, and report directly to CEO Michael Ravn. With more than 20 years of experience and an …
The article Hughes Named Chief Marketing Officer at Church Mutual Insurance appeared first on Insurance Journal.
When California Gov. Jerry Brown signed the 2015-2016 budget, it included $3 million in funding to expand the Earthquake Brace and Bolt program and clarified that the program’s grants are income-tax exempt at the state level. California Insurance Commissioner Dave …
The article California Funds Incentives For Earthquake Protection appeared first on Insurance Journal.
The California Department of Insurance has approved Fosun International Ltd.’s acquisition of control of Meadowbrook Insurance Group Inc.’s subsidiaries commercially domiciled in of California. The subsidiaries include Star Insurance Co., ProCentury Insurance Co. and Williamsburg National Insurance Co. The closing of …
The article Fosun’s Acquisition of Meadowbrook’s California Subsidiaries OK’d appeared first on Insurance Journal.
The U.S. Supreme Court rejected an appeal from former Representative Rick Renzi of Arizona, leaving intact his conviction for public corruption, insurance fraud and racketeering. Renzi, a Republican, argued unsuccessfully that his prosecution violated the Constitution’s speech-or-debate clause, which limits …
The article Former Arizona Congressman Renzi Rejected by High Court on Conviction appeared first on Insurance Journal.
McDonald-Leavitt Insurance Agency in Santa Rosa, Calif. has hired Jean Stevens as an agent licensed in commercial insurance and employee benefits. Stevens has 25 years of insurance experience. Stevens specializes in serving the agriculture, food processing, and lumber industries. Leavitt …
The article Mcdonald-Leavitt in California Brings on Stevens appeared first on Insurance Journal.
The U.S. Supreme Court on Monday rejected bids by BP Plc and Anadarko Petroleum Corp. to avoid penalties under federal pollution law in connection with the 2010 Gulf of Mexico oil spill. The high court left in place a June …
The article Supreme Court Rejects BP, Anadarko Appeal of Gulf Spill Fines appeared first on Insurance Journal.
Catastrophe risk modeling firm AIR Worldwide (AIR) has updated its hurricane model for the U.S. to help insurers and reinsurers better understand and quantify the risk from hurricanes. The update features a hydrodynamic storm surge module that integrates storm parameters …
The article Updated AIR Hurricane Model for U.S. Features Storm Surge Module appeared first on Insurance Journal.
After a slight dip in the wake of the brief lapse of the U.S. federal terrorism reinsurance program in early 2015, terrorism insurance market conditions are steady again, although there have been some noteworthy changes in behavior, insurance broker Marsh …
The article How Terrorism Reinsurance Law Uncertainty Affected Market appeared first on Insurance Journal.
Google will add audio and visual alerts to warn drivers about upcoming railroad crossings on Google’s navigation system, the U.S. Federal Railroad Administration announced on Monday. The agency also asked four other companies – Apple, Garmin, Tom Tom and AOL’s …
The article Google Offering Railroad Crossings Alerts for Drivers appeared first on Insurance Journal.
The U.S. Export-Import Bank faced an imminent shutdown of its new lending and insurance activities as lawmakers left Washington on Thursday for an 11-day break without renewing the trade lender’s charter. Ex-Im’s authority to make new loans or write new …
The article Congress Leaves Export-Import Bank Facing Lending, Insurance Lapse appeared first on Insurance Journal.
Willis Group Holdings has confirmed that Deputy CEO, Steve Hearn, has decided to leave the company. Willis said: “After a period of leave, Hearn will take up the role of CEO at Cooper Gay Swett & Crawford [CGSW] at the …
The article Steve Hearn to Leave Willis for CEO Role at Cooper Gay Swett & Crawford appeared first on Insurance Journal.
Towergate Insurance reported first quarter income of £86 million ($134 million), down 8 percent from £93 million ($145 million) reported for the same period in 2014 – with its performance adversely affected by the group’s financial restructuring and change program. The …
The article Towergate Insurance Reports Q1 Net Income of $134 Million, an 8% Drop appeared first on Insurance Journal.
XL Catlin’s Cyber & Technology insurance business in North America is adding additional computer forensic and legal resources to its network of breach response specialists to help clients respond to breach incidents. XL Catlin’s newest breach response partners include Mandiant, …
The article XL Catlin Expands Data Breach Response Specialists Network appeared first on Insurance Journal.
International insurance broker and risk management firm Integro Ltd. has further expanded its benefits practice with the acquisition of Clearview Group, an Atlanta-based national health benefits consultant with a subspecialty serving the private equity industry. Financial details of the transaction …
The article Integro Acquires Atlanta-Based Clearview Group appeared first on Insurance Journal.
A South Florida jury awarded $24 million to a man whose pregnant wife was killed when a drunken driver slammed into a cabana at a Fort Lauderdale hotel. The decision came more than three years after a car crossed a …
The article Jury Awards $24M to Widow of Woman Killed in Florida Hotel Cabana appeared first on Insurance Journal.
Parents have filed two lawsuits against a Montgomery, Alabama day care where health officials say nearly 90 children suffered suspected food poisoning this week. Court documents show the suits were filed last week within minutes of each other against Sunnyside …
The article Lawsuits Filed Against Alabama Day Care Over Child Illnesses appeared first on Insurance Journal.
Kentucky’s new booster seat law is going into effect, and officials are reminding motorists to make sure young passengers meet the new requirements. The old law required children younger than 7 years and 40 to 50 inches tall to ride …
The article New Booster Seat Requirements Take Effect in Kentucky appeared first on Insurance Journal.
A study of social media posts of millennials — those aged 20 to 35 — found that when this group shares financial concerns online their anxiety decreases significantly even when a purchase or transaction is a completely new experience. To conduct the …
The article Study: Social Posts Provide Clues to Millennials’ Attitudes appeared first on Insurance Journal.
Allied World Assurance Co. is the top backer of MatlinPatterson Global Advisers’ bets on Puerto Rico’s rebound, according to a person familiar with the arrangement. The insurer provided more than half of the $150 million that MatlinPatterson invested in the …
The article Allied World Top Backer of Puerto Rico Municipal Bond appeared first on Insurance Journal.
The U.S. Supreme Court on Thursday upheld the tax subsidies for health insureds across the country including those in states without their own health exchanges that use the federal health insurance exchange. The following are some of the reactions from …
The article Obamacare Tax Subsidy Recipients in Northeast Express Relief appeared first on Insurance Journal.
Dale Randol has been promoted to president and CEO of San Antonio-based IBC Insurance. He replaces his father, Edwin “Eddie” Randol, who becomes chairman of the agency. Both men began their IBC tenures in 2000 when IBC acquired Eddie M. …
The article Dale Randol Takes Reins at San Antonio’s IBC Insurance appeared first on Insurance Journal.
Severe thunderstorms late last week caused about $200,000 of damage at the newly expanded Bismarck Event Center. A lobby area was flooded by several inches of muddy rainwater, and excess water also damaged six wooden doors and some electrical boxes, …
The article Officials Seek Cause of $200K in Damage to Bismarck Event Center appeared first on Insurance Journal.
Scott Mandeville has joined the ACE Group as vice president, Surety Underwriting, and regional manager for the Surety division in the Western region. The division includes the states of Alaska, Arizona, California, Colorado, Hawaii, Idaho, Montana, Nevada, Oregon, Utah, Washington and Wyoming. …
The article ACE Taps Mandeville to Lead Surety Operations in West appeared first on Insurance Journal.
Construction of a ring levee that’s related to a Red River diversion project around the Fargo and Moorhead, Minn., area must remain on hold, a federal judge from Minnesota has ruled. U.S. District Judge John Tunheim in May put levee …
The article Judge Won’t Budge on Start of Minnesota Levee Construction appeared first on Insurance Journal.
The U.S. Supreme Court may have written the most consequential words in the history of gay rights with its recognition of same-sex marriage. But those words won’t be the last. While same-sex marriage was already legal in most of the …
The article Marriage Right Doesn’t Protect Gays in Employment or Housing appeared first on Insurance Journal.
Pennsylvania Gov. Tom Wolf’s administration said Thursday that it will withdraw its application to take over some functions of the insurance marketplace created under the 2010 federal health care law now that the U.S. Supreme Court has upheld the law’s …
The article Penn. Withdraws Its Healthcare Marketplace Plan After Supreme Court Ruling appeared first on Insurance Journal.
Synergy Professional Associates has launched a new lawyers professional liability program focused on small law firms in the state of Washington, in partnership with AmTrust Underwriters Inc., an AmTrust Financial Company. The new facility targets small law firms from one …
The article Synergy Professional Associates Expands Lawyers Program to Washington appeared first on Insurance Journal.
Ironshore Personal Lines is introducing a Home and Family Security Endorsement to its High Value Homeowner Program to broaden coverage for losses arising from random attacks or situations impacting high net worth families. Designed to meet the needs of high …
The article Ironshore Launches Security Endorsement for High Net Worth Insureds appeared first on Insurance Journal.
Flooded fields and fickle temperatures put Louisiana farmers and ranchers in a pensive mood as they gathered here for the Farm Bureau Federation Convention, the state’s largest annual celebration of agriculture. “I’m afraid this year is a nail-biter and a …
The article Louisiana Farmers, Ranchers Brace for Worst Year Since 2008 appeared first on Insurance Journal.
Following the historic Supreme Court decision that same-sex couples have a national right to marry, employers offering domestic partner benefits to unmarried couples may pull back on that offering since employees in all states will be able to marry. Meanwhile, …
The article How Supreme Court Gay Marriage Ruling Affects Employee Benefit Plans appeared first on Insurance Journal.
Lawyers for the Archdiocese of St. Paul and Minneapolis are warning that criminal charges against the corporation could jeopardize insurance coverage that’s being counted on to pay some claims of victims of clergy abuse. The archdiocese faces multiple counts for …
The article Charges Put Minnesota Archdiocese Insurance Claims at Risk appeared first on Insurance Journal.
Changes to Arkansas’ levee system after recent flooding in the state should be on the agenda if the Legislature is called back into session to take up the future of its health insurance marketplace, a key lawmaker said. Republican Sen. …
The article Arkansas Lawmaker: Flooding Highlights Need for Levee Standards appeared first on Insurance Journal.
Specialist insurer Beazley hired Michael Kontonotas as an underwriter for the company’s crime & fidelity bond underwriting team. He will work from Beazley’s New York office. Kontonotas has seven years of underwriting experience and was most recently a fidelity and …
The article Beazley Hires Kontonotas as Crime & Fidelity Underwriter in New York appeared first on Insurance Journal.
The Supreme Court’s decision to allow same- sex marriage nationwide will remove tax and personal finance headaches that have bedeviled gay couples. The 5-4 decision by the court (Obergefell v. Hodges) is a particularly significant victory for many residents of …
The article How Supreme Court Marriage Ruling Affects Gay Couples’ Finances appeared first on Insurance Journal.
A U.S. appeals court has ruled a decades-old pollution case over nuclear weapons production in Colorado should be sent back to the district court that in 2006 ordered companies that ran the facility to pay damages of $353 million. “This …
The article Appeals Court Backs Claim under State Law in Colorado’s Rocky Flats Case appeared first on Insurance Journal.
Global insurance regulators will take more time than previously planned to address industry concerns before applying tougher capital rules to some of the largest companies they oversee. Capital rules for global insurers, known as the Insurance Capital Standard, or ICS, will be pushed back …
The article Global Insurance Regulators Postpone Tougher Capital Standards appeared first on Insurance Journal.
Lawmakers will examine whether a program that allows coal companies to forgo mine cleanup insurance could leave taxpayers with billion dollar costs, leading members of the U.S. House Committee on Natural Resources said on Wednesday. The coal sector is responsible …
The article Lawmakers Vow to Review Abandoned Mine Insurance Program appeared first on Insurance Journal.
Starr Companies reported that Robert Cruz has joined the firm as national branch officer, director of field operations. In his new role, he will lead the growth and distribution strategy of Starr’s field organization. He will report directly to Chuck …
The article Hiscox’s Cruz Joins Starr as National Branch Officer, Field Operations Director appeared first on Insurance Journal.
A company is closer to putting an injection well online with approval from commissioners in a northwest Colorado county. The Rifle Citizen Telegram reported Garfield County commissioners gave the go-ahead this week to a land use application from Ursa Resources …
The article Colorado Commissioners Move Injection Well Proposal Forward appeared first on Insurance Journal.
Forty-three percent of mid-sized businesses say they have experienced a data breach in the past three years and 13 percent have had a supplier’s data breach impact their business information. Also, according to The Hartford’s survey of midsize business owners …
The article 4 of 10 Mid-Sized Firms Have Had Data Breach: Survey appeared first on Insurance Journal.
Towergate is creating a new retail broking division led by Janice Deakin, who will join the group as retail broking director on August 12, subject to regulatory approval. This division will encompass all the Towergate Insurance retail broking businesses, Towergate Insurance …
The article Towergate Hires Deakin as Retail Broking Director; Dalgarno as Chief Risk Officer appeared first on Insurance Journal.
Two self-driving prototype cars, one operated by Google Inc. and the other by Delphi Automotive Plc, had a close call on a Silicon Valley street earlier this week, a Delphi executive told Reuters on Thursday. It was believed to be …
The article Two Self-Driving Cars Avoid Collision, Says Passenger appeared first on Insurance Journal.
Sacha Simmons used to dread taking a taxi to her high school or someplace else to hang out with her teenage friends when her parents weren’t around to give her a ride. Sometimes, the cab drivers wouldn’t show up or, …
The article Ridesharing Apps in California Get Kids Around When Parents Are Busy appeared first on Insurance Journal.
Delaware’s governor has signed into law a ban on companies adopting rules that could force investors who bring and lose certain lawsuits to pay the company’s legal costs, disappointing business groups. The U.S. Chamber of Commerce had embraced the use …
The article Delaware Bans ‘Loser-Pays’ Fee-Shifting Bylaws in Corporate Class Actions appeared first on Insurance Journal.
First of Two Articles The reinsurance market is moving from coverage of acts of God to one that covers commoditized risks – an evolution that could have long-term implications for market stability and trading large-scale risk, according to an industry expert …
The article Reinsurance Market’s Evolution Could Affect Its Stability: ‘Acts of God’ Author appeared first on Insurance Journal.
Maurice “Hank” Greenberg said that his partial victory in a lawsuit tied to American International Group Inc.’s bailout isn’t enough, and that he’s seeking financial damages to hold the government accountable. “Our Constitution is a sacred document,” the former chief …
The article Greenberg Says Bailout Lawsuit About Government Overstepping Its Bounds appeared first on Insurance Journal.
The European Union’s plan for a unified capital market needs more work to protect investors from losses if it is to provide the economic boost policymakers’ are hoping for, a top British regulator said on Thursday. Martin Wheatley, chief executive …
The article EU Capital Markets Plan Must Improve Investor Protections: UK Regulator appeared first on Insurance Journal.
The owners of hedge fund-backed reinsurers, including one tied to John Paulson, could have to pay more taxes or shift their focus under a bill introduced by Senator Ron Wyden to counter what he called abuses by offshore companies. “For …
The article Hedge Funds Targeted in Senator Wyden’s Reinsurance Tax Bill appeared first on Insurance Journal.
DUAL, the underwriting arm of the Hyperion Insurance Group*, is delighted to announce the continued expansion of its global marine and energy practice following the launch of a marine offering at DUAL Australia Pty Ltd. DUAL Australia will now offer …
The article DUAL Australia Launches Suite of Marine Products with New Team appeared first on Insurance Journal.
Bermuda-based specialist insurer Hiscox announced it has reached an agreement with Willis to acquire its specialist UK classic car business, RH Specialist Insurance. This acquisition complements Hiscox’s existing expertise in the motor market, having offered specialist and classic car insurance …
The article Hiscox Strengthens UK Motor Offering with Purchase of RH Specialist Insurance appeared first on Insurance Journal.
Investigators with the Charlotte, N.C., Fire Department say a fire at a predominantly black church is a case of arson. A statement from the fire department said it took about an hour to get June 24 fire at Briar Creek …
The article North Carolina Investigators Say Church Fire Was Arson, $250K in Damage appeared first on Insurance Journal.
Alabama state health officials say food poisoning is the suspected culprit after 86 children became ill at a Montgomery day care. State Health Officer Don Williamson said Wednesday that health officials have ordered Sunny Side Child Care Center’s two locations …
The article Alabama Officials: Food Poisoning at Day Care Likely Cause of 86 Sick Kids appeared first on Insurance Journal.
The Louisville, Ky., Metropolitan Sewer District board has approved $1 million of a proposed $3 million settlement in an effort to buy out a group of repeated flood victims, while Metro Council leadership and Mayor Greg Fischer were making no …
The article Kentucky Sewer District Approves $1M for Flood Buyouts appeared first on Insurance Journal.
MarketScout, the national electronic insurance exchange and specialty MGA headquartered in Dallas, has expanded its Private Client Solutions (PCS) E&S division with new hires in its Fort Lauderdale, Fla., office. Jordan Ballou will serve as an underwriting assistant for the …
The article MarketScout Adds Staff to Private Client Division in Florida appeared first on Insurance Journal.
Arthur J. Gallagher & Co., based in Itasca, Ill., appointed Walter P. Bryce, Sean P. Connelly, James J. Murray, Russell G. Parsons, Russell J. Pass and Jonathon M. Winsbury as corporate vice presidents. Bryce began his career in retail insurance …
The article Arthur J. Gallagher & Co. Names 6 to Corporate VP Posts appeared first on Insurance Journal.
Joe Phifer, senior account executive in the Assurant Employee Benefits’ Dallas sales office, has been elected president of the Texas Association of Health Underwriters. Phifer begins serving his one-year term as president in July 2015. The Texas Association of Health …
The article Phifer Elected to Lead Texas Association of Health Underwriters appeared first on Insurance Journal.
Dallas-based Redpoint Insurance Group LLC is purchasing the workers’ compensation business of American Hallmark Insurance Co. of Texas, located in Austin. The acquisition is expected to close effective July 1, 2015. Terms of the transaction were not disclosed. The Hallmark …
The article Redpoint Insurance Acquiring Hallmark Workers’ Comp Business appeared first on Insurance Journal.
Boston-based private equity firm ABRY Partners has completed a significant investment in the The Hilb Group, a Richmond, Virginia-based insurance group. In connection with the transaction, The Hilb Group said its current private equity partner, BHMS Investments, which came onboard …
The article ABRY Partners Replaces BHMS as Investor in Hilb Group Expansion appeared first on Insurance Journal.
A New Jersey doctor who took part in a long-running bribes-for-test referrals scheme is now headed to prison. Douglas Bienstock received a 37-month sentence Tuesday, federal prosecutors said. He also will have to serve a year of supervised release, pay …
The article New Jersey Doctor Sentenced for Role in Medical Lab Bribery Scheme appeared first on Insurance Journal.
New York City has agreed to pay $6.25 million to a man who spent nearly 25 years in prison before being exonerated in a killing that happened while he was more than 1,000 miles away vacationing at Disney World, the …
The article New York City to Pay $6.25M to Man Exonerated in 1989 Killing appeared first on Insurance Journal.
Iowa’s public universities can’t be sued for allegedly refusing to pay their share into a state program that subsidizes insurance for Iowans with health risks. On June 23 the Iowa Court of Appeals upheld the dismissal of a lawsuit that …
The article Court: Iowa Universities Can’t Be Sued for Unpaid Insurance Fees appeared first on Insurance Journal.
Pennsylvania Insurance Commissioner Teresa Miller is urging potential drivers for rideshare services like Uber and Lyft to consult with their insurance companies to ensure adequate coverage for themselves and passengers. Miller said Wednesday that transportation network services Uber and Lyft …
The article Penn. Advises Rideshare Drivers to Carefully Examine Insurance Coverage appeared first on Insurance Journal.
Beazley has introduced fraudulent instruction insurance, a new coverage to address losses from the transfer of funds as a result of fraudulent instructions from a person purporting to be a vendor, client or authorized employee. The new endorsement, which has …
The article Beazley Introduces Fraudulent Instruction Insurance appeared first on Insurance Journal.
Ron Lockton has been named vice chairman of Kansas City, Mo.-based privately held, independent insurance broker, Lockton Inc. He will take on broader global leadership responsibilities as part of the company’s long-term succession plan. Ron Lockton, 48, is the son of …
The article Ron Lockton Named Vice Chairman at Lockton appeared first on Insurance Journal.
Insurance broker and consultant, NFP, has acquired specialty agency AutoGroup Services (AGS), based in Fort Worth, Texas. Founded in 2000, AGS consults with auto dealerships to help maximize the profitability of their finance and insurance departments. The firm tailors dealership …
The article NFP Property & Casualty Acquires Texas’ AutoGroup Services appeared first on Insurance Journal.
A food supplier claims an Iowa egg farm breached a contract after bird flu disrupted the supply of eggs. Michael Foods Egg Products Co., a subsidiary of St. Louis-based cereal-maker Post Holdings Inc., filed a lawsuit in federal court in …
The article Iowa Egg Farm Sued After Bird Flu Disrupts Supply appeared first on Insurance Journal.
A spike in earthquakes across Oklahoma is forcing the state’s energy regulator to urgently consider tougher restrictions on drilling activity, a spokesman said, calling it a “game changer.” From June 17 to 24, there have been 35 earthquakes of magnitude …
The article Spike in Oklahoma Quakes an Energy ‘Game Changer’ appeared first on Insurance Journal.
Powerful storms that thundered through eastern Pennsylvania, New Jersey and Connecticut downed trees and power lines, leaving nearly 400,000 customers without electricity and disrupting mass transit service Wednesday. In Pennsylvania, PECO says more than 165,000 homes and businesses were without …
The article Storm Cleanup Gets Underway in Pennsylvania, New Jersey appeared first on Insurance Journal.
Today’s Supreme Court opinion upholding current tax subsidies under the Affordable Care Act (ACA) will not have any impact on rated U.S. not-for-profit and for-profit health insurance firms since it continues the current operating environment, according to a leading rating …
The article Supreme Court Opinion To Have No Effect on Health Insurers: S&P appeared first on Insurance Journal.
The U.S. Supreme Court said people who file housing-discrimination suits don’t have to show they were victims of intentional bias, in a blow to lenders and insurers and a surprise legal victory for the Obama administration. The 5-4 ruling upholds …
The article Insurers Disappointed as Supreme Court Backs Disparate Impact Claims appeared first on Insurance Journal.
The U.S. Supreme Court today upheld the tax subsidies for health insureds across the country including those in states without their own health exchanges that use the federal health exchange. In a 6-3 ruling (King v. Burwell) written by Chief …
The article Supreme Court Upholds Obamacare Tax Subsidies appeared first on Insurance Journal.
Robbie Thompson has been hired as the new executive director for Professional Liability Underwriting Society (PLUS). Thompson brings 18 years of management experience to PLUS, most recently as president and CEO of the Credit Union Association of the Dakotas in Bismarck, North …
The article PLUS Names Thompson as Executive Director appeared first on Insurance Journal.
CAMICO won the SAMMY Award for overall Best of Show in insurance industry marketing and communications at the annual Insurance Marketing and Communications Association (IMCA) Showcase Awards gala this week in Nashville. Attendees at the four-day conference voted on the …
The article CAMICO Wins IMCA Marketing Award; Allstate, Hartford Jackson Also Honored appeared first on Insurance Journal.
While catastrophic event models mainly focus on weather related events, the world also has to cope with catastrophic terrorist acts, particularly those caused by explosive devices placed in areas where they will cause the most damage and kill the most …
The article Models for Explosions from Terrorist Attacks Could Reduce the Carnage appeared first on Insurance Journal.
Legislation vital to securing the largest U.S. trade deal in decades was passed by the Senate on Wednesday by a comfortable margin, advancing President Barack Obama’s efforts to strengthen U.S. economic ties around the Pacific Rim. After a six-week congressional …
The article Congress Finally Approves Fast Track Trade Authority appeared first on Insurance Journal.
Willis Group Holdings plc has appointed Simon Weaver as CEO of its Singapore office, and to the newly-created role of regional CEO for south-east Asia. He will be is moving from Miller, where he has spent two years as Head …
The article Willis Appoints Weaver CEO Singapore, SE Asia, Hooker for Natural Resources appeared first on Insurance Journal.
Increasing numbers of international firms are being exposed to the risk of professional negligence, misrepresentation, or breach of duty claims when operating both at home and abroad, according to a report published by ACE Group. There are increasing numbers of …
The article ACE Report Cautions Multinationals About Rising Professional Indemnity Risks appeared first on Insurance Journal.
The U.S. National Highway Traffic Safety Administration hasn’t been able to spot emerging safety hazards because of “blatant incompetent management,” a senator said Tuesday. NHTSA, charged with ensuring safety on the nation’s roadways, gives too much discretion to carmakers and …
The article Senator ‘Shocked’ by Highway Safety Agency ‘Incompetence’ appeared first on Insurance Journal.
The technology to make cars fully autonomous probably won’t be established until at least 2030, according to the top supplier for the world’s biggest automaker. The auto industry will take intermediate steps toward that future, first with safety systems that …
The article Fully Self-Driving Cars Still 15 Years Down the Road: Supplier appeared first on Insurance Journal.
The U.S. Supreme Court is saving the best for last. The nation’s top court will issue a series of major rulings over the next several days as it closes its nine-month term. In addition to landmark gay-marriage and Obamacare cases, …
The article 6 Decisions Coming from Supreme Court Over Next Few Days appeared first on Insurance Journal.
Chedid Europe Reinsurance Brokerage Limited, headquartered in Dubai, UAE, has announced its registration as a Lloyd’s broker. Chedid Re, which is a subsidiary of the Lebanese group Chedid Capital Holding, said this business move comes as a natural extension of the …
The article Dubai-Based Chedid Re Announces Registration as Lloyd’s Broker appeared first on Insurance Journal.
Allied World Assurance Company Holdings, AG has launched its first regional marketing campaign within Singapore and Hong Kong entitled “Insurance. Straight Up.” The bulletin said the “business-to-business brand campaign involves a mix of digital, print, Out of Home and activation …
The article Allied World Asia-Pacific Launches Regional Brand Campaign appeared first on Insurance Journal.
Howden, the London-based international broking arm of Hyperion Insurance Group, and cyber insurance technology specialists Insurisx Inc. have launched a technology-based platform, designed to help clients of all sizes improve security and resilience from potential cyber attacks. The companies said …
The article Howden & Insurisx Launch Technology Platform to Help Prevent Cyber Attacks appeared first on Insurance Journal.
XL Catlin announced the promotion of Joe Blenkinsopp to the position of chief underwriting officer for its Political Risk and Trade Credit (PRTC) team. Blenkinsopp assumes the role with immediate effect, having previously held the position of deputy global Head …
The article XL Catlin Names Blenkinsopp Chief Underwriting Officer, Political Risk & Trade Credit appeared first on Insurance Journal.
RMS, the Newark, Calif.-based catastrophe risk management firm, announced it has named Sanjiv “Sunny” Sharma as senior vice president of cloud operations and information technology. Sharma joins from Rocket Fuel, a digital advertising firm, where he led the global engineering …
The article RMS Names Sharma Senior Vice President of Cloud Operations and IT appeared first on Insurance Journal.
Citizens Property Insurance Corporation’s Board of Governors has approved a 2016 rate package that lowers rates for nearly half of Citizens’ personal lines policyholders while responding to increased water loss claims and continued inadequate rates for its remaining policyholders along …
The article Citizens’ Approves Rate Decreases for Most Florida Insureds appeared first on Insurance Journal.
Georgia Insurance Commissioner Ralph Hudgens announced that a Bibb County Grand Jury indicted Roswell chiropractor Victor L. Dees for 12 counts of insurance fraud based off an investigation conducted by the Department of Insurance’s Fraud division. Subsequent to the indictment, …
The article Georgia Chiropractor Indicted On 12 Counts of Insurance Fraud appeared first on Insurance Journal.
Gulfport Mayor Billy Hewes wants slabs and pilings left behind when Hurricane Katrina tore the businesses and homes removed. Hewes said the debris is “unsightly” and a “blight.” The Sun Herald reports the city council will consider an ordinance July …
The article Mississippi Mayor Wants Residents to Clean Up Left Over Katrina Debris appeared first on Insurance Journal.
Alabama State health officials are evaluating food that was served at a Montgomery day care after dozens of children were hospitalized with an undisclosed illness. Merrill South of Baptist Health told local media that 38 children were being treated after …
The article Alabama Investigates Day Care After 38 Children Hospitalized With Illness appeared first on Insurance Journal.
The Louisville, Ky., Metropolitan Sewer District board has approved $1 million of a proposed $3 million settlement in an effort to buy out a group of repeated flood victims, while Metro Council leadership and Mayor Greg Fischer were making no …
The article Kentucky Sewer District Approves $1M for Flood Buyouts appeared first on Insurance Journal.
Moped owners could have a new item on their to-do lists in 2016 after getting their small-engine bikes registered with the state starting next month. The General Assembly gave its final approval Tuesday to legislation requiring mopeds have liability insurance …
The article North Carolina Lawmakers Approve Insurance Requirement for Mopeds appeared first on Insurance Journal.
The Independent Insurance Agents of Arkansas awarded Lenita Blasingame, chief deputy commissioner at the Arkansas Insurance Department, with the Allan Kennedy Memorial Award. The award, presented at the agent group’s 114th Annual Convention, is named for one of the founders …
The article Arkansas Agents Honor Chief Deputy Commissioner Blasingame appeared first on Insurance Journal.
Drew Raetzman joined Texas-based Roach Howard Smith & Barton as vice president of Employee Benefits. Raetzman assists employers in providing group benefit packages to their employees while controlling costs, ensuring compliance, and reducing the employer’s administrative burden. He is certified …
The article Roach Howard Smith & Barton Adds Raetzman as VP appeared first on Insurance Journal.
Westfield Insurance, a super-regional property/casualty insurance carrier based in Westfield Center, Ohio, hired James Merz to the new role of group actuarial and analytics leader. Merz assumes overall responsibility for the company’s Analytics Resource Center and the Actuarial department. Merz …
The article Merz Joins Westfield Insurance as Actuarial, Analytics Leader appeared first on Insurance Journal.
A balcony that snapped off an apartment building and led to the deaths of six college students was supported by wooden beams that had been badly rotted by exposure to moisture, building inspectors in Berkeley, Calif., said. The city Building …
The article Rotted Beams Identified In Deadly Northern California Balcony Collapse appeared first on Insurance Journal.
Intensifying wildfires in Alaska have led to evacuations in several parts of the state, including a tiny village where residents fled on boats. A firefighter on one blaze also was treated for a bear bite after encountering the animal while …
The article Alaska Wildfires Grow, Prompt Evacuations appeared first on Insurance Journal.
Seven people in California and Washington were arrested for allegedly conspiring to defraud eight insurance companies by submitting fraudulent auto insurance claims totaling more than $175,000. Detectives from the California Department of Insurance, assisted by Snohomish County Marshall’s Office and …
The article 7 in California and Washington Charged With 100+ Counts of Auto Insurance appeared first on Insurance Journal.
LP Insurance Services Inc. has named Cory Whitfield as a risk management consultant in its risk management services division in Sacramento, Calif. At LP Insurance, he is responsible for on-site inspections, safety program development, and management training and employee education. …
The article LP Insurance Services in California Taps Whitfield appeared first on Insurance Journal.
Peoria, Ill.-based specialty property/casualty insurer RLI Corp. has promoted two leaders within the claim department. Andrea Dean, assistant vice president, Claim counsel, has been promoted to vice president, Claim counsel. Dean will continue to be responsible for managing claim-related litigation …
The article RLI Promotes 2 in Claim Department appeared first on Insurance Journal.
The Woodlands, Texas-based TWFG recognized its outstanding agents from across the nation during the company’s recent national convention. TWFG also introduced its new slogan — “Our Policy is Caring: Our Vision For The Future” Recognized agents include: Personal Lines Agents of the Year …
The article Texas-Based TWFG Recognizes Top Producers appeared first on Insurance Journal.
Massachusetts is in the midst of an epidemic of deadly opioid abuse, according to a task force created by Gov. Charlie Baker that said Monday that drug addiction must be considered a medical disease. The 18-member group released a total …
The article Task force: Massachusetts Is in Midst of Opioid Abuse Epidemic appeared first on Insurance Journal.
A series of severe thunderstorms that pushed damaging winds and tornados into several parts of Michigan on Monday and Tuesday wrecked homes and knocked out power to thousands of people, officials said. From Monday afternoon through early Tuesday, the National …
The article Michigan Hit with Damaging Winds, Tornados, Flooding appeared first on Insurance Journal.
At least seven people were injured as severe thunderstorms that swept across northern Illinois spawned a tornado, damaged homes and uprooted trees. Particularly hard hit Monday night was Coal City, a community of approximately 5,000 residents about 60 miles southwest …
The article Severe Storms, Tornado Damage Homes, Injure 7 in Illinois appeared first on Insurance Journal.
The Oklahoma Insurance Department reported the loss of Larry W. Fitch, 71, who was the general manager of the Oklahoma Property and Casualty Insurance Guaranty Association. Fitch died on June 19. “Larry has played a major role in the Oklahoma insurance …
The article Oklahoma Mourns P/C Insurance Guaranty Assoc. Manager Fitch appeared first on Insurance Journal.
Federal inspectors found several violations during their most recent review of Spectra Energy’s Texas Eastern Transmission system, which includes the pipeline that burst in the Arkansas River in May. Spectra Energy was cited during the 2011 inspection for three violations, …
The article Operator of Ruptured Arkansas Gas Pipeline Was Cited in 2011 appeared first on Insurance Journal.
The damage toll has been counted from flash flooding in South Texas on June 19. Edinburg City Manager Ramiro Garza told reporters that about 300 houses and 22 businesses were damaged after up to 6 inches of rainfall over two …
The article Damage from South Texas Flood Reaches $12M, Officials Say appeared first on Insurance Journal.
Fidelis Group Holdings LLC (FGH), with its subsidiary company Continental Underwriters Ltd. (CUL), a national marine insurance coverage and service provider, announced the recent opening of its new flagship office located in Lower Manhattan, New York City. The Lower Manhattan …
The article Fidelis Group Holdings Opens New Flagship Office in NYC appeared first on Insurance Journal.
New York City’s taxi regulatory agency on Monday approved new rules governing how Uber and other app-based car services operate within the five boroughs. Part of the proposal unanimously passed allows the companies to update their apps without approval from …
The article NYC’s Taxi Regulatory Agency OKs New App Rules for Uber, Lyft appeared first on Insurance Journal.
Wildfires are sweeping through several dry Western states, including a massive blaze burning out of control in Northern California. A look at the latest hotspots and what crews are doing to control them: Northern California A wildfire has grown to …
The article Firefighters Battle Blazes in 4 Western States appeared first on Insurance Journal.
Berkshire Hathaway Specialty Insurance (BHSI) has introduced Professional First Insurance Company Professional Liability Insurance, which provides customizable coverage for U.S. insurance companies, their executives and employees. The policy provides coverage for claims arising from alleged errors or omissions in the …
The article BHSI Launches E&O Coverage for Insurance Executives, Employees appeared first on Insurance Journal.
Although vehicle thefts are down dramatically around the nation, there are still particular areas where thieves thrive. California’s San Francisco-Oakland-Hayward Metropolitan Statistical Area (MSA) had the nation’s highest per capita vehicle theft rate in 2014, according to the National Insurance …
The article Top 10 Metro Areas for Vehicle Theft appeared first on Insurance Journal.
Salt Lake City, Utah-based The Buckner Co. has joined RiskProNet International, an association of independent insurance brokers in North America. The Buckner Co. is an insurance brokerage with six offices in Utah, Idaho and Colorado. The provides all essential insurance …
The article Buckner Co. in Utah Joins RiskProNet International appeared first on Insurance Journal.
Earthquakes, the natural kind caused by the movements of vast tectonic plates, have been occurring since the dawn of time. But now there is a new type of quake, the study of which has been labeled “seismicity,” which is being …
The article ‘Seismicity’ – Re/Insurers Ponder the Impact of Human-Caused Earthquakes appeared first on Insurance Journal.
The U.S. Senate advanced legislation that would give President Barack Obama enhanced authority to complete free-trade deals including a landmark agreement with Pacific nations. The 60-37 vote Tuesday paves the way for final passage Wednesday. Because the U.S. House has …
The article Senate Advances Fast Track Trade Bill appeared first on Insurance Journal.
Democrats are prepared to quickly come up with a legislative solution should the U.S. Supreme Court rule in the next few days to invalidate a central part of President Barack Obama’s signature healthcare law, party leaders in the Senate said …
The article Democrats Vow One Sentence Fix If Court Ends Obamacare Subsidies appeared first on Insurance Journal.
New U.S. fracking safety rules set to take effect Wednesday were put on hold by a Wyoming federal judge who said he needed more evidence to decide whether to block them as requested by drillers and four western states. Before …
The article Judge Delays Federal Fracking Safety Regulations appeared first on Insurance Journal.
Scottsdale Insurance Co. announced that Gary Tiepelman, senior vice president of Contract and Professional Lines Underwriting, is retiring in August. Hired by founder Rollie Wiegers in 1982 as the company’s thirteenth employee, Tiepelman helped grow Scottsdale Insurance from nothing to …
The article Scottsdale’s Underwriting Senior VP Tiepelman to Retire appeared first on Insurance Journal.
This question of whether an Uber driver is an employee doesn’t matter just to Uber. As you may have heard, the on-demand car-service juggernaut lost a case early this month before the California Labor Commissioner on whether a driver was …
The article New Worker Classification Needed for Sharing Economy, Uber Drivers appeared first on Insurance Journal.
A decision by Lloyd’s of London to stop insuring any risks relating to the marijuana industry has caught those in the insurance industry working with this segment off-guard. In a May 29 memo addressed “Dear Colleague,” obtained by Insurance Journal, …
The article Lloyd’s Stops Insuring Marijuana Firms Due to U.S. Law Conflicts appeared first on Insurance Journal.
The global insurance industry gained momentum in 2014, with total direct premiums increasing by 3.7 percent to $4.778 trillion after having stagnated the previous year, according to Swiss Re’s latest “sigma” study. The life sector returned to positive growth, with …
The article Advanced Markets Drive 3.7% Global Premium Growth in 2014: Swiss Re appeared first on Insurance Journal.
Wardour Street in Central London’s SoHo district has long been known for film and TV productions, but it’s now home to hi-tech enterprises as well. Jaydeep (Jay) Korde, client principal at ThoughtWorks, one of the most innovative creators of what …
The article ThoughtWorks Provides New Thinking for Insurers’ Software Needs appeared first on Insurance Journal.
Newbridge Risk Partners has launched operations on Castel Underwriting Agencies MGA formation platform, targeting political violence and terrorism risks in emerging markets. The new underwriting cell will be focused on the emerging markets regions including, but not limited to, MENA and the …
The article Newbridge Underwrites Political Violence, Terrorism Risks via Castel MGA appeared first on Insurance Journal.
ACE Group announced the appointment of Dang Hoang Tung as its new country president for its general insurance operation in Vietnam, effective 29 June. Dang succeeds Christopher Twomey, who will return to the U.S. to take up a role in ACE’s Risk …
The article ACE Appoints New Country President for Vietnam appeared first on Insurance Journal.
Gen Re announced that Andrew Flitcroft will assume the role of managing director of General Reinsurance Australia and regional treaty manager for the Asia Pacific region, effective July 31. He will take over for Pietro Toffanello who has taken on …
The article Flitcroft Named Managing Director of Gen Re Australia, Regional Treaty Manager appeared first on Insurance Journal.
The Main Street America Group announced Janet Root has been appointed vice president of internal audit at the super-regional property/casualty insurance company. She replaces former internal audit vice president Dave Medvidofsky, who was recently appointed as the organization’s vice president …
The article Main Street America Appoints Root as VP in Florida Headquarters appeared first on Insurance Journal.
A Broward County judge will be removed from the bench for misconduct committed eight years before she was elected to the post. The Florida Supreme Court ruled June 18 that Judge Laura Watson isn’t fit to serve as a judge …
The article Florida High Court Removes Judge Over Misconduct in Progressive Injury Cases appeared first on Insurance Journal.
Four people have been injured in a fire that destroyed a Bessemer, Ala., apartment complex. Multiple news outlets report the fire broke out Sunday evening at the General Clay Apartments. According to Battalion Chief Kenny Ray, the fire may have …
The article Fire Destroys Alabama Apartment Complex appeared first on Insurance Journal.
Amendments proposed to the North Carolina Captive Insurance Act by the North Carolina Department of Insurance were met with unanimous support from the N.C. General Assembly and signed into law on June 19, 2015. Some of the amendments include: Clarifying …
The article North Carolina Approves Amendments to Captive Insurance Law appeared first on Insurance Journal.
NAS Insurance Services has expanded its Specialty Reinsurance and Programs team with the addition of Joe Reitzel in Minneapolis, Minn. Reitzel will serve as senior vice president of the division. NAS Insurance, based in Encino, Calif., is a full-service specialty …
The article Reitzel Joins NAS Insurance Services in Minneapolis appeared first on Insurance Journal.
Willis North America, a unit of Willis Group Holdings plc, the global risk advisory, re/insurance broking, and human capital and benefits firm, appointed Paul Collins as growth leader for Willis’s Metro region, where he will be responsible for business development …
The article Willis North America Appoints Collins as Growth Leader in New York appeared first on Insurance Journal.
The Insurance Information Institute (I.I.I.) has been awarded the 2015 Innovation Torchbearer Award at the Insurance Marketing & Communications Association’s (IMCA) 2015 Annual Conference in Nashville, Tenn. The I.I.I. is a non-profit communications organization supported by the insurance industry. …
The article IMCA Presents ‘Innovation Torchbearer Award’ to Insurance Information Institute appeared first on Insurance Journal.
Vermont’s largest insurance carrier is trying to recover more than $500,000 in claims for 600 patients who mistakenly received benefits due to a Vermont Health Connect’s technological error. The state’s online health insurance exchange caused backlogs in updating patient information …
The article Blue Cross Blue Shield of Vermont Trying to Recoup Over $500K appeared first on Insurance Journal.
California drivers shopping for auto insurance online can now receive USAA rate quotes and coverage information in their Google search results through the Google Compare service that debuted in March 2015. USAA is piloting the program in California in an …
The article USAA Piloting Auto Insurance Quotes in California Through Google Compare appeared first on Insurance Journal.
I would like to tell you why I believe there is a good reason for you to strongly consider perpetuation for your agency. There is a sound and understandable economic justification that suggests that there is as much value to …
The article Commentary: An Economic Case for Internal Perpetuation appeared first on Insurance Journal.
Iggie is one of the most important tools in Columbus, Ga.’s fight against arson, and he’s only two years old. Iggie is a yellow lab trained to detect fire accelerants such as gasoline and other materials favored by arsonists. He’s …
The article Dogs Assist Investigators in Sniffing out Georgia Arson Cases appeared first on Insurance Journal.
New Jersey Gov. Chris Christie announced Monday the departure of three long-serving cabinet members: Banking and Insurance Commissioner Ken Kobylowski, State Treasurer Andrew Sidamon-Eristoff and Health Commissioner Mary O’Dowd. Kobylowski will leave the administration over the next several weeks, according …
The article N.J. Banking and Insurance Commissioner Kobylowski to Leave Post appeared first on Insurance Journal.
Rain-swollen rivers either crested or started to fall across much of Missouri on June 22, but a National Weather Service flood expert warned that more rain is on the way over the next several days and the water could rise …
The article More Rain for Water-Soaked Missouri a Concern appeared first on Insurance Journal.
Arkansas State Police is citing a 21-year-old federal privacy law as their reason for withholding information from vehicle crash reports. The Arkansas Democrat-Gazette reports that the agency’s new policy, which began June 4, means the only personal information available on …
The article Arkansas State Troopers Are Now Redacting Crash-Report Data appeared first on Insurance Journal.
