Authorities say money is missing from a business where a devastating fire in West Virginia’s Harpers Ferry originated. Department of Military Affairs and Public Safety spokesman Lawrence Messina says investigators determined that the July 23 fire began on a deck …
The article Authorities: Money Missing From Business Where Harpers Ferry Fire Started appeared first on Insurance Journal.
Physician groups are asking a federal appeals court to reconsider a ruling upholding a Florida law restricting what doctors can ask patients about guns. Organizations representing some 11,000 medical providers want the full 11th U.S. Circuit Court of Appeals to …
The article Doctors Ask Federal Appeals Court to Reconsider Florida ‘Docs vs. Glocks’ Law appeared first on Insurance Journal.
Law enforcement officials in six states are launching their 24th annual “Hands Across the Border” campaign aimed at catching motorists driving under the influence. The five-day campaign kicked off August 31 involving law enforcement agencies in Georgia, Alabama, North Carolina, …
The article Six Southeast States Team Up to Combat Driving Under the Influence appeared first on Insurance Journal.
Texas independent managing general agency and wholesale insurance broker, Myron Steves, announced the passing of its founder and namesake, Myron F. Steves, Sr., with the following message: With a heavy heart we share the news that Myron Fuller Steves, Sr., our …
The article Texas Wholesale Insurance Group Founder, Myron Steves, Passes appeared first on Insurance Journal.
More than half a foot of rain fell in parts of Sioux Falls, S.D., leading to flash flooding that inundated basements, stranded dozens of motorists and cut electricity to thousands of homes. Mayor Mike Huether said infrastructure improvements in recent …
The article Homes, Vehicles Flooded in Sioux Falls appeared first on Insurance Journal.
Insurance Commissioner Jim Donelon has picked up another challenge to his fall re-election bid. Charlotte McDaniel McGehee, a Democrat and lawyer from Baton Rouge, announced her candidacy this week. In a statement, McGehee described herself as a business owner and …
The article Competition Increases in Louisiana Insurance Commissioner Race appeared first on Insurance Journal.
Texas Legal, the statewide nonprofit legal insurance plan founded by the State Bar of Texas and the Texas Legislature, announced it is now a member of the Independent Insurance Agents of Texas (IIAT). Legal insurance covers legal expenses much like …
The article Texas Legal Insurance Plan Joins Independent Agents Group appeared first on Insurance Journal.
Hackers cracked a computer network and got access to Social Security numbers and other personal information of more than 10,000 people who work for Roman Catholic churches or church affiliates around Michigan. “I cannot tell you how many prayers have …
The article Hackers Target Data of Catholic Workers in Michigan appeared first on Insurance Journal.
Mel-K Management Company will pay $80,000 and furnish significant equitable relief to resolve a federal harassment and retaliation lawsuit filed by the U.S. Equal Employment Opportunity Commission (EEOC), the federal agency announced. According to the lawsuit, Mel-K’s general manager at …
The article Ohio Company to Pay $80K to Settle Race/Sexual Harassment Suit appeared first on Insurance Journal.
The National Association of Mutual Insurance Companies (NAMIC) hired Cate Paolino as director of state affairs for the Northeast region. Paolino is based in Foxboro, Massachusetts, and will represent NAMIC member company interests in New England, New Jersey, and New …
The article NAMIC Hires Paolino as State Affairs Director for Northeast Region appeared first on Insurance Journal.
Robert Kincaid, a patient suffering from schizophrenia, was lying on the floor in a dayroom at Western State Hospital in Washington, choking on a piece of orange for almost eight minutes before staff members stopped to help him, according to …
The article Washington Suit Says Staff Ignored Man Choking on Orange Piece appeared first on Insurance Journal.
Greg Colden, a farmer on Hawaii’s Big Island, said he is most worried about the damage that more rain and sustained winds could do to the area as Hurricane Ignacio passes by this week. “I’m more worried about the rain. …
The article Storm Watch Ends For Hawaii Islands, But Hurricane Churns appeared first on Insurance Journal.
RENO, Nev.-based LP Insurance Services Inc. has hired Andrea Cantlon in its northern Nevada sales team. She is responsible for developing new business relationships, and retaining and servicing existing clients. Cantlon was most recently a private banker with Mutual of …
The article LP Insurance Services in Nevada Taps Cantlon for Sales Team appeared first on Insurance Journal.
Tropical Storm Erika, which killed at least 20 people on the small Caribbean island of Dominica, broke up in the waters off Cuba, the U.S. National Hurricane Center said on Saturday. All tropical storm warnings and watches have been dropped …
The article Tropical Storm Erika Fades Before Florida After 20 Deaths in Caribbean Island appeared first on Insurance Journal.
Many business owners think they are good decision makers but they fail to address essential long-term business planning that is critical to sustaining their businesses for the long-term. While they feel they want to protect their businesses and families, they …
The article Business Owners Failing to Plan for Unexpected Events: Study appeared first on Insurance Journal.
A major ruling handed down on Thursday by the U.S. National Labor Relations Board could give unions greater bargaining power by enabling them to negotiate directly with large parent companies like McDonald’s that rely heavily on franchisees and contractors. The …
The article Joint Employer Ruling Hikes Parent Companies’ Liability, Unions’ Bargaining Power appeared first on Insurance Journal.
Uber Technologies Inc. has hired two top vehicle security researchers, the company said on Friday, high-profile additions that come as the ride-hailing service ramps up its work on technology for self-driving cars. Charlie Miller, who had been working at Twitter …
The article Uber Plans for Driverless Cars, Hires Hacking and Robotics Experts appeared first on Insurance Journal.
Trinity Industries Inc.’s guardrail system will undergo additional crash testing by Virginia, raising new questions about a device on roadways across the country. Some of Virginia’s six proposed tests on the ET-Plus, scheduled to begin in mid-September, will be different …
The article Trinity Says Virginia Orders More Tests for Highway Guardrails appeared first on Insurance Journal.
Hedge funds have been speculating on lawsuits, a new form of financial engineering that some business interests say encourages wasteful courtroom warfare. Now two top Republican senators—Chuck Grassley of Iowa and John Cornyn of Texas—have a few questions of their …
The article Hedge Fund Financing of Lawsuits Draws Interest from Senators appeared first on Insurance Journal.
Members of the American Chamber of Commerce group urged China on Friday to allow more access to its insurance and other service industries, saying foreign skills could help develop its volatile stock markets and cope with disasters like the recent …
The article US Chamber of Commerce Urges China to Open Insurance, Securities Markets appeared first on Insurance Journal.
Hamilton Underwriting Limited, the Lloyd’s managing agency of Bermuda-based holding company Hamilton Insurance Group, has hired Trevor Carvey as head of treaty. Carvey will report to Dermot O’Donohoe, chief executive officer of Hamilton Underwriting Limited. He will be responsible for …
The article Carvey Appointed Head of Treaty at Hamilton at Lloyd’s appeared first on Insurance Journal.
French reinsurer SCOR Group has appointed Nicolas Tissot as the Group’s Chief Operating Officer (COO), effective as of today, August 31. He reports to Chairman and CEO Denis Kessler, and joins the SCOR Group Executive Committee. The announcement explained that the …
The article Tissot Named SCOR Group COO appeared first on Insurance Journal.
QBE Insurance has appointed Mark Lingafelter as managing director of its Asia Pacific region with effect from September 1, 2015. In this role, Lingafelter will be accountable for the ongoing execution of the QBE Asia Pacific Profitable Growth Strategy and …
The article QBE Appoints Lingafelter as Managing Director of Asia Pacific Region appeared first on Insurance Journal.
Officials in numerous Delaware cities have asked drivers who use the ride-hailing app Uber to obtain business licenses. The News Journal of Wilmington reports that under a deal struck by Delaware and the company this year, it is unclear if …
The article Delaware Cities Tell Uber Drivers to Obtain Business Licenses appeared first on Insurance Journal.
The North Carolina legislature gave its final OK to state regulations August 27 for ridesharing companies such as Uber, Lyft and Sidecar, a move supporters say will protect consumers and drivers of the mobile phone-based services and encourage competition. The …
The article North Carolina Lawmakers Send Ridesharing Regulations to Governor appeared first on Insurance Journal.
The West Virginia Public Service Commission says 212 commercial vehicles were taken out of service as a result of recent inspections. Violations found by PSC transportation enforcement officers included faulty brakes, lights, tires and steering mechanisms, poorly secured loads and …
The article West Virginia Takes 212 Commercial Vehicles off Road After Failed Inspections appeared first on Insurance Journal.
SUNZ Insurance Co. has hired Donna Ross to join the Sarasota, Fla.-based company’s in-house legal counsel. According to Steve Herrig, CEO of SUNZ, said, Ross is joining the company as it expands its legal department to meet the needs the …
The article Ross Joins Florida’s SUNZ Insurance as In-House Counsel appeared first on Insurance Journal.
U.S. Risk Insurance Group, Inc. has entered into an agreement involving the acquisition by U.S. Risk of an undisclosed ownership interest in Florida-based Strategic Program Managers, a specialist trucking MGA and broker. The combined premium volume in this class will …
The article U.S. Risk to Acquire Florida-Based Strategic Program Managers appeared first on Insurance Journal.
About 300,000 Massachusetts residents who buy their own health insurance or work for small businesses are about to see their premiums jump more than 6 percent on average. The increase approved by the state Division of Insurance that takes effect …
The article 300K Massachusetts Resident to See Their Health Insurance Rates Jump 6% appeared first on Insurance Journal.
Plymouth Rock Assurance — a Boston-based auto insurer serving Massachusetts, Connecticut and New Hampshire — this month launched a new online tool called “Prime.” The insurer says the new tool will give consumers the ability to buy and manage auto …
The article Plymouth Rock’s ‘Prime’ Combines Online Sales With Independent Agency Channel appeared first on Insurance Journal.
The Andrew Agency, an independent insurance agency in Richmond, Virginia, announced it has acquired Crowder & Holloway in South Hill, Virginia. Terms of the transaction were not disclosed. Founded in 1936, Crowder & Holloway is an insurance broker providing personal …
The article The Andrew Agency Acquires Crowder & Holloway in Virginia appeared first on Insurance Journal.
BoatUS has launched a boat rental insurance policy available for rentals through Boatbound, a nationwide boat rental marketplace. The new Peer-to-Peer Boat Rental Policy covers the rental period and is designed specifically to meet the needs of this new and …
The article BoatUS Launches Peer-to-Peer Boat Insurance Program appeared first on Insurance Journal.
A suburban New York man facing criminal charges for tampering with several red light cameras said that he knew he would be arrested after posting video of his actions online but that it was done in protest of government abuse. …
The article N.Y. Man Says He’s Proud of Arrest for Tampering With Red Light Cameras appeared first on Insurance Journal.
The District of Columbia’s Department of Insurance, Securities and Banking (DISB) this week issued a bulletin notifying property/casualty insurers doing business in the District that price optimization is discriminatory and that it violates the District’s anti-discrimination insurance laws. The Department’s …
The article District of Columbia Issues Price Optimization Ban Bulletin appeared first on Insurance Journal.
An El Dorado, Kan., company has been ordered to pay $97,612 in restitution and a $10,000 fine for mishandling waste chemicals, U.S. Attorney Barry Grissom said. The company also must pay a $400 special assessment and serve three years on …
The article Kansas Firm Sentenced for Mishandling Chemicals appeared first on Insurance Journal.
Environmental groups and a New Orleans company that failed to end a decade-old oil leak in the Gulf of Mexico have reached a settlement agreement in a lawsuit over the slow-motion spill. Taylor Energy Company said it has agreed under …
The article New Orleans Firm Settles Suit Over Decade-Old Gulf Oil Leak appeared first on Insurance Journal.
The Kentucky Supreme Court has reinstated a jury’s $300,000 award to a former Louisville, Ky., assistant track coach who claimed she was fired for filing a sexual harassment complaint. The Supreme Court said on August 20 that Mary Banker is …
The article Kentucky Supreme Court Reinstates Jury Award to Former Track Coach appeared first on Insurance Journal.
Attorneys say a young man who was attacked by a bouncer at a South Beach nightclub has received a $5 million settlement. The lawyers representing 22-year-old Youness Adlan announced the settlement August 26. The Miami Herald reports that it is …
The article Florida Nightclub Reaches $5M Settlement with Patron Attacked by Bouncer appeared first on Insurance Journal.
Texas Insurance Commissioner David Mattax announced two key executive positions on his staff today. Doug Slape will become deputy commissioner for financial regulation, and Kevin Brady was named deputy commissioner for agency affairs. Slape replaces Danny Saenz, who is retiring …
The article Slape, Brady Named Deputy Commissioners at Texas DOI appeared first on Insurance Journal.
North Carolina Insurance Commissioner Wayne Goodwin announced the arrests of Pamela Christine Liles, 31, and Travis Paul Randolph, 30, of Siloam. Department of Insurance criminal investigators accuse Liles of insurance fraud in three counties, and Randolph of insurance fraud in …
The article 2 North Carolina Residents Accused of Insurance Fraud in Multiple Counties appeared first on Insurance Journal.
The subcontractor involved in a fatal accident at the Minnesota Vikings stadium construction site has received nine citations for worksite safety violations in the past five years, according to public records. A Berwald Roofing Co. employee was killed on Aug. …
The article Company in Minnesota Vikings Stadium Fatality Had 9 Safety Violations appeared first on Insurance Journal.
Mark C. Russell has been tapped as the next president and chief executive officer of Ohio Mutual Insurance Group, succeeding the company’s current retiring leader Jim Kennedy. Russell comes to Ohio Mutual from Columbus, Ohio-based Grange Insurance, where he has …
The article Russell Named President, CEO of Ohio Mutual Insurance appeared first on Insurance Journal.
Specialist global insurer Hiscox has appointed John Giralt as head of Property for its Miami MGA operation. Joining from Catlin XL where he was a director covering the Americas, Giralt was responsible for managing the Latin American and Caribbean underwriting …
The article Hiscox Appoints Giralt as Head of Property for Miami MGA appeared first on Insurance Journal.
Advanced E&S Group, a Florida-based managing general agency, has hired April Moeser, branch manager and Lisa Sherman, underwriting, to facilitate the opening of the firm’s new branch office operations in Texas. The Dallas office will work closely with retail agents …
The article Florida-Based Advanced E&S Group Opens Dallas Office appeared first on Insurance Journal.
Concord Specialty Risk, a New York City-based managing general underwriter and underwriting agent for a number of carriers and a series of RSG Underwriting Managers LLC, specializing in providing transactional risk insurance, hired Lidore DeRose as senior underwriting counsel, representations …
The article Concord Specialty Hires DeRose as Senior Underwriting Counsel in New York appeared first on Insurance Journal.
A King County Superior Court judge is considering which claims can be brought in a civil trial that will explore whether anyone should be held responsible for the deadly Oso, Wash. mudslide. The Daily Herald reported that Judge Roger Rogoff …
The article Washington Judge Sets Limits in Civil Case over Deadly Oso Mudslide appeared first on Insurance Journal.
Residents in west-central Idaho near the town of Riggins were told to flee due to a wildfire that expanded to 40 square miles Thursday, an 11-square-mile jump. Fire managers say the fire made runs through the tops of trees and had …
The article Wildfire Threatens Idaho Town, Evacuations Ordered appeared first on Insurance Journal.
A former Los Angeles County probation officer, Robyn Palmer, 29, of Long Beach, Calif. was arrested Thursday on six felony counts of insurance fraud for allegedly forging documents to illegally collect disability insurance benefits while serving probation for another insurance …
The article Former California Probation Officer Nabbed For Fraud While on Probation – for Fraud appeared first on Insurance Journal.
California lawmakers approved legislation mandating equal pay for women in what the bill’s author called the toughest such law in the U.S. The Assembly voted 66-2 for the measure requiring employers to pay men and women the same for “substantially …
The article California Lawmakers Equal Pay Law Said to be Toughest in U.S. appeared first on Insurance Journal.
Deadly Tropical Storm Erika may weaken as it passes over the mountains of the Dominican Republic Friday before continuing on a path that may bring it to Florida on Monday. Erika was 90 miles (144 kilometers) east-southeast of Santa Domingo …
The article Deadly Erika May Weaken Before Reaching Florida on Monday appeared first on Insurance Journal.
More companies may be held responsible for labor-law violations committed by contractors and forced to negotiate wages and benefits with their workers under a decision by a politically split U.S. labor board. The National Labor Relations Board, in a closely …
The article Franchises, Staffing Firms Ruled Joint Employers Under Labor Law appeared first on Insurance Journal.
American Trucking Associations executive Howard Abramson recently made a case in the New York Times for higher safety standards for trucks. It’s not hard to understand why: Large trucks were involved in at least 327,000 traffic accidents in 2013, killing almost 4,000 …
The article Confessions of an Underage, Unlicensed Truck Driver appeared first on Insurance Journal.
Investigations into foodborne illness are being radically transformed by whole genome sequencing, which federal officials say is enabling them to identify the source of an outbreak far more quickly and prevent additional cases. Previously, samples from sick patients were sent …
The article How Genome Sequencing Is Transforming Food Safety appeared first on Insurance Journal.
An American International Group Inc. unit and Coventry First LLC began a trial in a dispute over bets in the insurance market on when people would die. Lavastone Capital LLC, the AIG subsidiary, claims Coventry ripped it off by more …
The article AIG’s Lavastone in Dispute with Life Settlements Firm Coventry appeared first on Insurance Journal.
Reinsurance M&A activity should continue well into 2016 as competitive pressures continue unabated, Standard & Poor’s said in a new report. The ratings firm said that the Berkshire Hathaways of the world – investment holding companies seeking to enter the insurance …
The article S&P: Reinsurance M&A Will Be Driven by Berkshire Hathaway Model appeared first on Insurance Journal.
A consortium, consisting of pension funds and other long-term investors represented by Allianz, Amber Infrastructure Group, Dalmore Capital and DIF, will invest up to £1.275 billion ($1.9 billion) in London’s “super sewer.” The consortium’s investment in the Thames Tideway Tunnel …
The article Allianz Invests in London’s $6.4 Billion ‘Super Sewer’, Thames Tideway Tunnel appeared first on Insurance Journal.
Investors hunting for yield after a global financial rout might well take a detour to the headquarters of a tiny insurance company hidden away along a highway in west Dublin. Just as world markets cratered on August 24, troubled Irish …
The article Troubled Irish Insurers Seek Solvency II Support From Bond Investors, Buffett appeared first on Insurance Journal.
A State Farm executive is coming under fire from activists for his position on the board of what some consider to be a “climate denier” group. Sierra Club, a progressive investor group and other activist organizations have been waging an aggressive …
The article Sierra Club Dragging State Farm into Climate Change Battle appeared first on Insurance Journal.
Massachusetts’ Commonwealth Automobile Reinsurers (CAR), the state’s industry-operated residual market and statistical agent for auto insurance, announced that Insurance Commissioner Daniel Judson has approved the CAR Governing Committee’s appointment of Natalie Hubley as the organization’s new president. Hubley has been …
The article Hubley Approved as President of Mass. Commonwealth Automobile Reinsurers appeared first on Insurance Journal.
A New York man who came down with Legionnaires’ disease and spent several days in a hospital has filed a civil lawsuit against the hotel identified by authorities as the source of the deadly outbreak. Leslie Noble’s lawsuit against the …
The article New York Man Sues Hotel Named as Source of Legionnaires’ Outbreak appeared first on Insurance Journal.
Glatfelter Healthcare Practice, an insurance program serving senior living facilities, home health care and other private homecare agencies, and VorroHealth, a provider of clinical, AR/billing and interoperable technology for healthcare, have released ACTUM, a fully integrated offering to complement VorroHealth’s …
The article Glatfelter Launches Risk Management Tool for Long Term Care Facilities appeared first on Insurance Journal.
Henderson Brothers Inc., an independent insurance agency based in Pittsburgh, Pennsylvania, hired Chris Balogh as consultative associate. As part of Henderson Brothers’ consultative department, Balogh will provide clients with comprehensive compliance support and perform claims, risk, and benchmarking analyses. Founded …
The article Henderson Brothers Hires Balogh as Consultative Associate in Pittsburgh appeared first on Insurance Journal.
Arthur’s Restaurant and Bar, a fine dining steakhouse and lounge in Addison, Texas, a suburb of Dallas, will pay $20,000 to a former cocktail server to settle a pregnancy discrimination lawsuit brought by the U.S. Equal Employment Opportunity Commission (EEOC), …
The article Dallas-Area Restaurant Settles Pregnancy Discrimination Suit for $20K appeared first on Insurance Journal.
Continental Underwriters, a Richmond, Virginia-based managing general agency/wholesaler specializing in the placement of insurance for lumber and forest products operations, hired Corey Bounds as loss control director and Gretchen Steelman as property policy renewal team lead. Both Bounds and Steelman …
The article Virginia’s Continental Underwriters Hires 2 Lumbermen’s Executives appeared first on Insurance Journal.
AssuredPartners Inc. has acquired Insurance & Benefits Group LLC (IBG), headquartered in Sedalia, Mo. IBG’s 31 employees will continue to operate from its three Missouri locations — Sedalia, Lee’s Summit and Warrensburg — under the local leadership of IBG President …
The article AssuredPartners Acquires Insurance & Benefits Group in Missouri appeared first on Insurance Journal.
A group of clergy sexual abuse victims called for an independent commission to investigate molestation accusations that are sealed as part of a bankruptcy case involving the Roman Catholic Archdiocese of Milwaukee. The move comes a day after church lawyers …
The article Victims Seek Review of Wisconsin Clergy Abuse Claims appeared first on Insurance Journal.
After five weeks of testimony, lawyers presented closing arguments in the civil trial involving a fatal explosion more than two years ago at a Kansas City, Mo., restaurant. The civil lawsuit stems from the February 2013 natural-gas explosion and fire …
The article Kansas City Restaurant Explosion Lawsuit Goes to Jury appeared first on Insurance Journal.
Funds from the settlement over BP’s Gulf of Mexico oil spill in 2010 will be used to construct a permanent flood control structure in Bayou Chene. The Courier reports the structure will protect St. Mary and several other parishes, including …
The article Louisiana’s Bayou Chene to Get Permanent Flood Control Structure appeared first on Insurance Journal.
Arkansas’ insurance commissioner says health insurance rates on the state’s marketplace will increase by no more than 7.15 percent next year. The Arkansas Insurance Department approved the 2016 rates for companies participating in Arkansas’ health insurance marketplace, which was established …
The article Arkansas to See Max 7.15% Rate Hike in Marketplace in 2016 appeared first on Insurance Journal.
Insurance brokerage and risk management firm Integro announced today that it acquired HealthCare Risk Specialists in West Hartford, Connecticut. Financial details of the transaction have not been disclosed. HealthCare Risk Specialists, incorporated in 1998, provides custom-designed as well as traditional …
The article Integro Acquires HealthCare Risk Specialists in Connecticut appeared first on Insurance Journal.
A federal judge has awarded an Oregon man $5 million in damages stemming from sexual abuse by a Catholic priest in Yakima more than 30 years ago. The priest, Ernest Dale Calhoun, did not contest the allegations made by the …
The article Oregon Man Awarded $5M for Abuse by Priest appeared first on Insurance Journal.
Travelers flying to Las Vegas may soon be able to hail a ride from Uber or Lyft. Officials have been developing plans allowing the ride-hailing companies to pick up and drop off passengers using McCarran International Airport. The option won’t …
The article Las Vegas Airport May Soon Get Uber, Lyft Service appeared first on Insurance Journal.
While drought-plagued California is eager for rain, the forecast of a potentially Godzilla-like El Niño event has communities clearing out debris basins, urging residents to stock up on emergency supplies and even talking about how a deluge could affect the 50th Super …
The article Plagued by Drought, California Prepares For El NiñoStorms appeared first on Insurance Journal.
In addition to offering auto insurance savings to its insureds, the Allstate Insurance mobile telematics app known as Drivewise now allows drivers to earn safe driving points they can spend on merchandise, gift cards and local merchant offers. Any driver …
The article Allstate’s Drivewise Telematics App Adds Shopping Rewards, Challenges appeared first on Insurance Journal.
The professional indemnity and directors & officers insurance sector has grown constantly since 2012 and is expected to continue the upward trend until at least 2019, according to the findings of a new report by London-based business intelligence company, Timetric. …
The article UK’s PI Insurance Sector Expected to Grow by Almost 6% Annually: Report appeared first on Insurance Journal.
Florida advised residents and tourists to check disaster kits and escape plans as chances rise the state will face its first hurricane strike in 10 years. Tropical Storm Erika, which has triggered storm watches and warnings throughout the Caribbean Leeward …
The article Florida Prepares for Possible Hurricane Erika on Monday appeared first on Insurance Journal.
Roving construction crews — the kind you see blacktopping a road, painting lines, inspecting a bridge or installing a traffic signal — are often protected from oncoming traffic by a specialized truck outfitted with a crash barrier. The crash trucks, …
The article Unmanned Work Zone Trucks Promise Road Safety, Savings appeared first on Insurance Journal.
Two business lobbying groups this week called on the Consumer Financial Protection Board to investigate the medical funding industry after a Reuters investigation revealed that private investors are funding operations for women who have sued makers of surgical implants. The …
The article Business Lobbies Seek Probe of Medical Funding Industry appeared first on Insurance Journal.
Ten of the world’s biggest carmakers were sued over claims that keyless ignitions lacking an automatic shut-off endanger drivers and passengers with deadly carbon monoxide fumes. Manufacturers including Toyota Motor Corp., Ford Motor Co. and Honda Motor Co. have long …
The article 10 Automakers Sued Over Claims of Deadly Fumes from Keyless Ignitions appeared first on Insurance Journal.
The U.S. Securities and Exchange Commission won’t pursue an enforcement action against Target Corp. after hackers stole data on 40 million credit and debit cards during the 2013 holiday shopping season, according to a regulatory filing. The agency finished its …
The article Target Avoids SEC Penalties Over 2013 Breach appeared first on Insurance Journal.
The Generali Group has signed a global deal with Obi Worldphones™, aiming to target, via smartphones, 20 high-growth markets with a prospective customer base of more than 10 million people. “This breakthrough deal with Obi Worldphones will allow Generali to …
The article Generali Signs Global Deal to Target High-Growth Markets via Smartphones appeared first on Insurance Journal.
China’s top prosecutor is holding 10 officials and port executives as well as a senior Transport Ministry official under criminal detention for alleged neglect of duty and abuse of power in the Tianjin warehouse explosions that killed at least 139 people, the …
The article China Detains Senior Officials, Port Executives After Deadly Explosions in Tianjin appeared first on Insurance Journal.
Towergate Insurance, the UK insurance intermediary, reported a before tax loss of £58 million ($88.8 million) during the first half, compared with a £15 million ($23 million) before tax profit in the same period of 2014. The company reported income …
The article UK’s Towergate Reports H1 Before Tax Loss of $88.8M, vs. $23M in H1 2014 appeared first on Insurance Journal.
As 12-year-old Bonnie Sanders Burney soared over a 40-foot ravine at her sleep-away camp in the Blue Ridge Mountains, the tether attaching her to a dual zip line snapped – plunging her to her death. Her tether had been mistakenly …
The article North Carolina Looks at Regulating Zip Lines appeared first on Insurance Journal.
Law officers are searching for suspects who burglarized two Georgia churches. WTOC-TV reports that the break-ins are believed to have happened August 22 at Mount Calvary Baptist Church in Alston and Tabernacle of Deliverance in Vidalia. The Savannah station reports …
The article Authorities on Alert After South Georgia Church Break-Ins appeared first on Insurance Journal.
Florida Gov. Rick Scott is ordering state health officials to audit more than 100 hospitals as part of his ongoing battle with hospitals, which he says are driving up Medicaid costs. The state had asked hospitals and insurers to prove …
The article Florida Governor Orders Random Audits of 100-Plus Hospitals appeared first on Insurance Journal.
European re/insurers are well positioned to withstand the current volatility in the stock markets, having made significant changes to their investment portfolios since the global financial crisis of 2008, as well as the subsequent European sovereign debt crisis in late …
The article European Re/Insurers Well Positioned to Withstand Market Volatility: A.M. Best appeared first on Insurance Journal.
RMS, the Newark, Calif.-based catastrophe risk management firm, has formed a technical collaboration with MSIG Mingtai Insurance Co. Ltd. to share industry information and insight about the local Taiwanese insurance market, as RMS develops a typhoon model for Taiwan. The …
The article RMS and Taiwan’s MSIG Mingtai Collaborate on Typhoon Risk Insights appeared first on Insurance Journal.
The massive Chelan wildfire in Washington poses a significant risk to roughly 634 homes with a total reconstruction cost of more than $198 million, an analysis of the ongoing fire issued Wednesday shows. The analysis by property information and data …
The article $198M in Property at High Risk from Chelan Wildfire in Washington appeared first on Insurance Journal.
The Maryland Insurance Administration says insurance companies have paid $12.9 million in claims stemming from civil unrest in Baltimore linked to the death in April of Freddie Gray. The agency said Tuesday that the payments include $11.6 million for commercial …
The article Insurers Paid $12.9M in Claims Stemming From Baltimore Riot appeared first on Insurance Journal.
In a nearly three-hour rate hearing on August 25, representatives from Florida’s Citizens Property Insurance Corp. delved into and defended their recent rate filing, which included significant increases in many Florida regions, before the Florida Office of Insurance Regulation (FLOIR). …
The article Citizens: Water Losses the Reason for Rate Increases in South Florida appeared first on Insurance Journal.
Aon Risk Solutions, the global risk management business of Aon plc, hired Joe Surette as resident managing director of Boston operations. Surette succeeds Peter Caine, who left Aon in May to become chief operating officer of Lockton’s St. Louis operations. …
The article Aon Risk Solutions Hires Surette as Resident Managing Director in Boston appeared first on Insurance Journal.
Maine Insurance Superintendent Eric A. Cioppa stated in a bulletin published Monday that in Maine, personal lines property/casualty insurers that use price optimization should submit revised rate filings removing such factors within 60 days after the date of the bulletin. …
The article Maine Issues Bulletin Prohibiting Use of Price Optimization appeared first on Insurance Journal.
Lieutenant Governor Mary Taylor announced that Imprise Financial PCC Inc., (Imprise Financial) is now licensed as Ohio’s first ‘protected cell’ captive insurance company. Through its protected cells, Imprise Financial will allow businesses to insure some of their own commercial risks, …
The article Ohio Licenses First Captive Insurance Company appeared first on Insurance Journal.
A lawyer for BNSF says a civil lawsuit against the railway over a derailment near Casselton nearly two years ago should be put on hold until it can be determined whether a broken axel was the cause of the fiery …
The article BNSF Seeks Delay in Lawsuit over North Dakota Derailment appeared first on Insurance Journal.
According to new research by the Insurance Institute for Business & Home Safety, stronger building codes and standards, along with more stringent requirements for inspections, building permits, and contractor licensing, all have contributed to safer, stronger roofs in coastal Alabama, …
The article IBHS: After Katrina, Roofing Regulations Stronger on Gulf Coast appeared first on Insurance Journal.
Aspen Insurance announced today that Dominick Tassone has been appointed executive vice president, Programs, for its U.S. business. Tassone’s appointment will be effective from Oct. 1, 2015 when Tom Muller, the current head of Programs for Aspen U.S. Insurance, retires …
The article Aspen Appoints Tassone as Executive VP for U.S. Program Business appeared first on Insurance Journal.
A 38-year-old Kansas man has been sentenced to a year and a day in prison for mail fraud connected to an insurance commissions scam in Iowa. Brian Henton, of Olathe, Kansas, was sentenced last week in U.S. District Court in …
The article Kansas Man Sentenced for Iowa for Insurance Scam appeared first on Insurance Journal.
Independent insurance broker Palmer & Cay has re-formed operations in Dallas, Texas, and named Howard H. McClure III as president of Palmer & Cay of Texas LLC. Georgia-based Palmer & Cay first entered the Texas market in 1999 but the …
The article Palmer & Cay Re-Enters Texas, Taps McClure as President appeared first on Insurance Journal.
In a 25-year span leading up to 2005, homeowners insurers in Louisiana wrote a total of $13 billion in homeowners insurance premium, from which they earned $1 billion in profit, according to the chief actuary at the state insurance department. But …
The article Hurricane Katrina: The Numbers Tell Their Own Story appeared first on Insurance Journal.
Two taxi companies in Rhode Island have asked a judge to stop ride-hailing company Uber from doing business in the state. The Providence Journal reports Orange Cab of Newport and Airport Taxi of Warwick filed a lawsuit this month seeking …
The article Taxi Companies File Suit to Stop Uber Service in Rhode Island appeared first on Insurance Journal.
Two of three Orange County, Calif. schools closed last year after asbestos was found will reopen for classes at the start of the new school year. The Los Angeles Times reported that Hope View and Oak View elementary schools in …
The article 2 Southern California Schools Closed over Asbestos Will Reopen appeared first on Insurance Journal.
Fire officials said Monday they could not determine the cause of a fire that ripped through a 14th floor pool deck at The Cosmopolitan hotel-casino on the Las Vegas Strip and caused $2 million in damage. The Clark County Fire …
The article $2M in Fire Damage at Cosmopolitan in Las Vegas, Cause Unknown appeared first on Insurance Journal.
The family of a Nampa, Idaho grade school student who was hit by a bus in March has filed a claim against the city and others. The Idaho Press-Tribune reported that the family of 7-year-old Connor Wright filed a tort …
The article Family of Boy Hit by School Bus Files Claim against Idaho District appeared first on Insurance Journal.
Uber Technologies Inc. and Lyft Inc. will be able to pick up and drop off passengers at Los Angeles International Airport within weeks, after the City Council made it the largest U.S. city to permit the companies at its airport. …
The article City Council Makes L.A. Largest U.S. City with Ridesharing at Airport appeared first on Insurance Journal.
UK bonuses rose in the last fiscal year and are now just 0.1 percent below their peak before the financial crisis in 2008, according to new data from the statistics office. Bonus payments in the 12 months through March amounted …
The article UK Insurance & Finance Bonuses Well Below Pre-Recession Levels: Report appeared first on Insurance Journal.
Personal auto insurance has become more affordable over time for all income groups, including low-to-moderate income groups, and in most states, according to a report from the Insurance Research Council (IRC). The industry group says the study also shows that …
The article Auto Insurance Affordability Improves in Most States: IRC appeared first on Insurance Journal.
Exxon Mobil Corp’s $225 million settlement with the administration of New Jersey Governor Chris Christie of a longstanding environmental pollution case won approval on Tuesday from a state judge, over the objections of critics who called the accord a sellout. …
The article Judge Approves Exxon’s $225M New Jersey Pollution Settlement appeared first on Insurance Journal.
A “Hurricane Hunter” airplane has found that Tropical Storm Erika strengthened slightly as it approached the Leeward Islands in the Caribbean Sea, where warnings and watches have been posted, the U.S. National Hurricane Center said. Erika was about 335 miles …
The article Tropical Storm Erika Could Reach Florida by Monday appeared first on Insurance Journal.
The Canadian-based adultery website AshleyMadison.com faces a U.S. backlash — led by the always- litigious “John Doe” — over a data breach that exposed more than 37 million formerly anonymous users. The complainants still seek to maintain their anonymity behind …
The article ‘John Doe’ Sues Adultery Website Ashley Madison in U.S. appeared first on Insurance Journal.
The lawsuit filed by Arthur J. Gallagher against the former CEO of its international brokerage operation, David Ross, who defected to Towergate earlier in the year – has been settled for a payment of £20 million ($30.9 million). Gallagher filed …
The article UK Broker Towergate Settles Gallagher Lawsuit for £20 Million ($30.9 Million) appeared first on Insurance Journal.
Nationwide Private Client insurance products and services for affluent clients are now available in four new states: Alaska, Idaho, Minnesota, and Tennessee, bringing the total number of states served to 16. Nationwide Private Client business formerly went under the name …
The article Nationwide Rebrands Crestbrook, Expands Affluent Client Offerings to 4 States appeared first on Insurance Journal.
The insurance brokerage and risk management firm Integro Ltd. has acquired Entertainment Risk Management Ltd. (ERM), a London-based managing general agent (MGA), to augment its international entertainment practice. Financial details of the transaction have not been disclosed. ERM primarily serves brokers …
The article Integro Acquires Entertainment Risk Management, London-Based MGA appeared first on Insurance Journal.
U.S. based Lockton Companies, the independent insurance broker, has appointed Guilherme Perondi Neto as deputy CEO of its Brazilian subsidiary, Lockton Brazil, effective Sept. 1, 2015. With extensive experience in the insurance market through various multinationals companies such as Veritas …
The article Lockton Brazil Appoints Neto as Deputy CEO appeared first on Insurance Journal.
Brazilian insurer Caixa Seguridade Participações SA and reinsurer IRB Brasil RE SA on Tuesday filed plans for initial public offerings that their shareholders expect to raise a combined 13 billion reais ($3.6 billion) should an across-the-board market rout ease in …
The article Brazil Insurer Caixa Seguridade, Reinsurer IRB Plan IPOs to Raise $3.6 Billion appeared first on Insurance Journal.
Zurich Insurance Group AG’s announcement that it’s considering a 5.6 billion-pound ($8.8 billion) offer for RSA Insurance Group plc is leaving investors in doubt that the takeover will happen at that price. RSA rose 4.6 percent to 517.5 pence at 4:17 p.m. in London …
The article Investor Doubts Remain About Zurich’s $8.8B Tentative Offer for UK’s RSA appeared first on Insurance Journal.
The Florida Department of Financial Services’ Division of Insurance Fraud (DIF) has made multiple arrests related to a large-scale personal injury protection (PIP) fraud scheme spanning across Central Florida. Five individuals have been arrested for their alleged various roles in …
The article Two-Year Florida Insurance Fraud Investigation Leads to Multiple Arrests appeared first on Insurance Journal.
The onslaught of rain that drenched parts of Florida over the past month unleashed widespread flooding that left the ground soppy and saturated. Geologists say that under all the water weight, another problem could be brewing out of sight: sinkholes. …
The article Florida’s West Coast Facing Sinkhole Risk After Month of Wet Weather appeared first on Insurance Journal.
With the summer travel season winding down and with traffic deaths up across the state, South Carolina law enforcement agencies are gearing up their efforts to keep drunk drivers off the road. The Department of Public Safety says stepped-up enforcement …
The article South Carolina DUI Campaign Going Through Labor Day appeared first on Insurance Journal.
Auto-Owners Insurance has acquired Atlantic Casualty Insurance Co., an excess and surplus lines company located in Goldsboro, N.C. Jeff Harrold, chairman and CEO, said the combined resources significantly expand the potential and growth opportunities for Atlantic Casualty and the managing …
The article Auto-Owners Insurance Acquires North-Carolina Based Atlantic Casualty appeared first on Insurance Journal.
Hudson Insurance Co. has added Total Revenue Coverage (TRC) to Hudson Crop’s suite of private products. TRC is a supplemental insurance policy to multi-peril crop insurance (MPCI) that offers farmers a single, firm, crop revenue guarantee at the time of …
The article Hudson Crop Launches Total Revenue Coverage appeared first on Insurance Journal.
California Insurance Commissioner Dave Jones is praising a recent unanimous California Supreme Court decision that he said ensures policyholders are protected from insurers refusing to cover third-party liability claims when the insured transfers the insurance benefits after the events triggering …
The article California Commissioner Applauds Supreme Court Decision Against Harford appeared first on Insurance Journal.
What do today’s customers want from insurance providers? They want understanding, interaction, even a relationship. But they vary in when and how they wish to learn, interact and build a relationship. Insurance providers have to understand not only when but …
The article How to Know What Insurance Customers Want appeared first on Insurance Journal.
A “Hurricane Hunter” reconnaissance plane headed out Tuesday to investigate Tropical Storm Erika, a disorganized system on a path yet to be pinned down. Erika touched off tropical storm watches on some of the Leeward Islands, which are about 730 …
The article Update: Hurricane Center Keeping Eye on Tropical Storm Erika appeared first on Insurance Journal.
The ANA (Association of National Advertisers) has launched an insurance program to protect marketers against the expense of Patent Assertion Entities (PAEs), often known as “patent trolls.” PAEs are firms with the sole business purpose of launching patent claims against …
The article Association of National Advertisers Launches Patent Troll Insurance appeared first on Insurance Journal.
In the past six months alone, Kevin MacLean of Fitchburg, Massachusetts, has seen more drug-overdose deaths on the streets than he did in the previous five years. “In 2015, we’re going to be shocked by the numbers,” said MacLean, who …
The article Massachusetts Officials Continue Fight Against Opiate Epidemic appeared first on Insurance Journal.
Lynn Lodge joined Texas-based independent insurance brokerage firm Roach Howard Smith & Barton as assistant vice president of Employee Benefits. In her role as account executive for the Employee Benefits department, she is responsible for supporting new business production through …
The article Lodge Joins Roach Howard Smith & Barton as AVP appeared first on Insurance Journal.
On August 24, investigators from Georgia Insurance Commissioner Ralph Hudgens’ Fraud division, with assistance from Bibb County Sherriff David Davis and his deputies, arrested six Macon, Ga., residents on charges of insurance fraud. Five more Bibb County residents have outstanding …
The article 11 Georgia Residents Charged With Staging Car Accidents appeared first on Insurance Journal.
Privately owned insurance brokerage Britton Gallagher, based in Cleveland, Ohio, has tapped Eric Treend to serve as executive vice president of its expanding Recreation & Attractions Division. To support the expansion, Britton Gallagher has added staff to the division including …
The article Treend Named Executive VP at Britton Gallagher appeared first on Insurance Journal.
After almost a year of month-to-month declines, new foreclosure starts in Florida rose in July. The research firm Realty Trac reported last week that foreclosure starts increased 16 percent in July from the previous July. Florida had the nation’s highest …
The article Florida Foreclosure Filings Spiked in July appeared first on Insurance Journal.
Target Corp. has agreed to pay $2.8 million to settle a hiring discrimination claim filed by the U.S. Equal Employment Opportunity Commission. The EEOC says three employment assessments formerly used by the Minneapolis-based retailer disproportionately screened out applicants for professional …
The article Target Corp. to Pay $2.8M to Settle Hiring Discrimination Case appeared first on Insurance Journal.
Highway officials are beginning to install sensors and cameras on roads near Detroit that will be able to provide construction, traffic and weather updates to motorists. The Michigan Department of Transportation recently installed the system along 20 miles of Interstate …
The article Michigan’s New ‘Smart’ Roads May ‘Talk’ to Vehicles appeared first on Insurance Journal.
Privilege Underwriters Reciprocal Exchange (PURE), the policyholder-owned property and casualty insurer of high net worth individuals and families, has expanded its southeast regional hub in Charleston, S.C. To accommodate PURE’s growth, the company has moved offices to the newly-renovated Cigar …
The article PURE Insurance Expands Southeast Regional Hub in South Carolina appeared first on Insurance Journal.
As people search for words to describe New Orleans’ recovery a decade after Hurricane Katrina, they sometimes use words verging on the Biblical — an economic and cultural resurrection, a rising from the ashes. Helped by billions of dollars in …
The article 10 Years Post-Katrina in New Orleans Rises but Gaps Remain appeared first on Insurance Journal.
Firefighters in New Jersey are calling for tougher fire codes in the wake of a blaze that destroyed 240 units and left about 500 people homeless at an apartment complex in Edgewater, New Jersey. Leaders from several firefighting organizations stood …
The article New Jersey Firefighters Urge Lawmakers to Adopt Tougher Fire Codes appeared first on Insurance Journal.
More than half of small fleet managers are likely to stay with their current insurance carriers rather than switching if their insurer offers usage-based insurance (UBI) programs, according to a new survey by analytics firm Lexis Nexis. If an alternate …
The article Small Fleet Managers Would Choose Insurer for UBI Service: Survey appeared first on Insurance Journal.
It’s not what Bostonians want to hear: The Farmer’s Almanac says another rough winter is in your stars. A year after Boston was pummeled with the snowiest winter on record, editors of the Maine-based publication have dubbed their latest forecast …
The article Boston Beware: Farmers’ Almanac Predicts Another Harsh Winter for Northeast appeared first on Insurance Journal.
A former Kamehameha Schools Hawaii employee, who was fired last year in connection to alleged misuse of a purchasing card, has filed a lawsuit against the private school, claiming she was wrongfully terminated. The lawsuit, filed July 29, on behalf …
The article Former Employee Sues Private Hawaiian School over Termination appeared first on Insurance Journal.
Hundreds of mountain homes remained threatened on Monday as crews increased containment of a wildfire burning through timber near a popular Southern California ski resort. Water cannons usually used for making snow were pointed at the fire burning near Snow …
The article Fire Burning Near California Ski Resort Threatens Homes appeared first on Insurance Journal.
The IMA Financial Group Inc. has named Robin Heller its chief technology and operating officer in Denver, Colo. In the newly created role, Heller will oversee strategic technology development. Prior to IMA Heller was president and CEO of The Leadership …
The article IMA Heller Chief Technology and Operating Officer in Colorado appeared first on Insurance Journal.
State Auto Financial Corp. today announced changes to the company’s leadership and a redefining of the company’s key business units. The changes were announced by Mike LaRocco, who took over as president and CEO in May. Kim Garland has been …
The article State Auto Realigns Units, Announces Leadership Hires, Changes appeared first on Insurance Journal.
JLT Risk Solutions AB, a member of the Jardine Lloyd Thompson Group plc, has appointed Magnus Toftgård and Magnus Lindgren to strengthen the Credit, Political and Security Risks (CPS) and M&A Insurance (M&A) division, based in Stockholm. Magnus Toftgård joins from …
The article JLT Risk Solutions Hires 2 Execs for Credit, Political & Security Risks, M&A Division appeared first on Insurance Journal.
The remains of Hurricane Danny were swallowed up in a trough of low pressure in the Caribbean Sea as another storm started to develop further east in the central Atlantic. A swirl of thunderstorms and showers may be coming together …
The article As Danny Fades, Atlantic’s Next Storm Taking Shape appeared first on Insurance Journal.
In June this year a robot crushed a man to death in a Volkswagen factory in Germany. The 22-year-old maintenance worker became trapped between a large robotic arm and a metal plate, in an area usually off-bounds to humans. The tragic …
The article Cobots: Making It Safe for Humans, Robots to Work Side-by-Side appeared first on Insurance Journal.
A U.S. appeals court said the Federal Trade Commission has authority to regulate corporate cyber security, and may pursue a lawsuit accusing hotel operator Wyndham Worldwide Corp. of failing to properly safeguard consumers’ information. The 3-0 decision by the 3rd …
The article Court Says FTC Has Power to Regulate Corporate Cybersecurity appeared first on Insurance Journal.
ANV Underwriters, the international managing general underwriter (MGU) segment of global specialty insurance group ANV, has appointed Christina Lippert as professional lines underwriting manager for Europe. Based in Barcelona, Lippert is responsible for growing the professional lines portfolio across Europe …
The article ANV Underwriters Hires Lippert to Boost Professional Lines Portfolio in Europe appeared first on Insurance Journal.
Willis Group Holdings has appointed Toby Wemyss as global head of placement, effective immediately. He succeeds David Martin, who will be leaving the company. In this role, Wemyss will drive the continuing development of Willis’ global placement strategy, leading the …
The article Willis Appoints Wemyss as Global Head of Placement appeared first on Insurance Journal.
The reinsurance market showed signs of decelerating rate declines in its most recent June/July 2015 renewals, indicating that pricing could be approaching a new equilibrium, says Fitch Ratings in a new global sector report. Reinsurance pricing has experienced downward pressures …
The article Fitch: Downward Pricing Pressures in Reinsurance Market Begin to Slow appeared first on Insurance Journal.
Typhoon Goni made landfall on Japan’s southernmost main island of Kyushu, causing injuries and prompting evacuation orders. Cancellations of airline and train service affected thousands of people. Goni, which had been the strength of a category 3 hurricane, came ashore in …
The article Typhoon Goni Makes Landfall on Japan, Causing Injuries, Evacuations appeared first on Insurance Journal.
Officials in Huntington, W. Va., are scrambling to deal with an increase in sinkholes across the city. Heavy rainfall and aging infrastructure have contributed to the increase, and the city lacks resources to do more than deal with sinkholes as …
The article Increase in Sinkholes Leaves West Virginia City Struggling appeared first on Insurance Journal.
Vienna Insurance Group AG, eastern Europe’s biggest insurer, said profit in the second quarter declined 8.6 percent as low interest rates in the region pushed down returns on its investments. Net income in the three months to June dropped to 93.7 million …
The article Vienna Insurance Q2 Profit Drops 8.6% on Low Interest Rates in Region appeared first on Insurance Journal.
Zurich Insurance Group AG, Switzerland’s largest insurer, proposed to buy the UK’s RSA Insurance Group plc for about 5.6 billion pounds ($8.8 billion). RSA is willing to recommend the possible offer of 550 pence a share to its shareholders provided satisfactory terms are met, …
The article Zurich Insurance Offers $8.8 Billion to Acquire UK’s RSA appeared first on Insurance Journal.
George Rogers has been promoted to senior vice president at GEICO. Rogers’ new responsibilities include oversight for GEICO’s southeast and Midwest operations in addition to his current duties as vice president of GEICO’s regional operations in Lakeland, Fla. Rogers joined …
The article GEICO Promotes Florida-Based Rogers to Senior Vice President appeared first on Insurance Journal.
Pennsylvania Insurance Commissioner Teresa Miller has issued an official notice warning the state’s property/casualty insurers that they are prohibited from using the price optimization techniques in establishing policyholder premiums. “The practice is not legal in Pennsylvania and the Insurance Department …
The article Pennsylvania Says Insurers Are Prohibited From Using Price Optimization appeared first on Insurance Journal.
Geico has agreed to pay $6 million dollars and implement several changes to their business practices as part of a settlement with the California Department of Insurance, CDI announced on Monday. The settlement stems from a petition in which Consumer Federation …
The article Geico Agrees To $6M Settlement over Business Practices in California appeared first on Insurance Journal.
Distinguished Programs Holdings LLC announced the pending acquisition of Bellevue, Wash.‐based Fulcrum Insurance Programs. The businesses will be combined and rebranded as Distinguished Specialty. Fulcrum principals Dusty Rowland and Eric Arthur will be joining Distinguished Specialty as senior executives and …
The article Distinguished to Acquire Fulcrum Insurance Programs in Washington appeared first on Insurance Journal.
Uber has spent more on lobbyists in California than Facebook and Apple combined to fend off regulations aimed at the heart of its worldwide business model. The San Francisco company’s lobbyists are pushing lawmakers to exempt its drivers from obtaining …
The article Uber Deploys Lobbyists to Reshape Driver Rules in California appeared first on Insurance Journal.
CNA has appointed Julie Stephenson as senior vice president and chief underwriting officer for CNA Commercial. In this role, Stephenson will be responsible for underwriting oversight and governance for all business written within Commercial. She will report to Kevin Leidwinger, …
The article Chubb’s Stephenson Joins CNA Commercial as Chief Underwriting Officer appeared first on Insurance Journal.
ProSight Specialty Insurance has partnered with Allied Insurance Brokers to offer coverage for the scaffolding industry. According to The Occupational Safety and Health Administration (OSHA) it is estimated that 65 percent of construction workers spend some time working on scaffolds, …
The article ProSight Specialty, Allied Insurance Brokers Launch Scaffold Insurance Program appeared first on Insurance Journal.
U.S. Sen. Charles Schumer, D–N.Y., is calling on the U.S. Department of Agriculture (USDA) to establish a crop insurance program for Central New York farmers who grow malt barley. Speaking at the Empire Farmstead Brewery in Madison County, New York, …
The article Feds Urged to Establish Crop Insurance for Central N.Y. Malt Barley Farmers appeared first on Insurance Journal.
Although what was once Hurricane Danny has degenerated into a “trough of low pressure” in the eastern Caribbean, according to the Nation Hurricane Center, a new disturbance in the middle of the Atlantic has a 90 percent probability of becoming …
The article Hurricane Danny Dies, but Peak Hurricane Season Looms appeared first on Insurance Journal.
Fewer people had jobs in Louisiana in July as employer payrolls shrank, but the unemployment rate fell again as even more people left the labor force. The state’s unemployment rate fell to 6.2 percent in July from 6.4 percent in …
The article Louisiana Jobless Rate dips but Job Totals Shrink appeared first on Insurance Journal.
Hundreds of Central Texas residents could be forced to buy flood insurance or face stricter building regulations for new structures nearly three months after deadly flooding. The Federal Emergency Management Agency has begun releasing advisory maps. The Austin American-Statesman reports …
The article New FEMA Maps for Central Texas Expand Flood Plains appeared first on Insurance Journal.
The first new building at the still under-reconstruction Vermont State office complex in Waterbury is now occupied by state employees and more are due back before the end of the year. Down Main Street, a new town office building is …
The article 4 Years After Irene, Long-Term Rebuilding Projects Nearing End in Vermont appeared first on Insurance Journal.
Clark Insurance, an employee-owned independent insurance agency based in Portland, Maine, announced that its board of directors has elected new officers as part of its long-planned internal leadership succession. Kenneth Ross was elected chairman of the Board of Directors. Ross …
The article Maine’s Clark Insurance Announces Election and Succession of Officers appeared first on Insurance Journal.
Kansas Geological Survey believes an increase in earthquakes in two southern Kansas counties is linked to saltwater injection after oil and natural gas drilling, according to an agency scientist. The agency had said in the past that there was a …
The article Geologist: Kansas Earthquakes Linked to Injection Wells appeared first on Insurance Journal.
Some roadways in Texas and around the country will get new guardrails after Texas A&M University found that a specially made reinforced concrete barrier works better to protect drivers. Engineers from Texas A&M’s Transportation Institute and the Texas Department of …
The article New Texas-Developed Guardrails to Be Installed in State, Nation appeared first on Insurance Journal.
A suburban Columbus, Ohio, chiropractor has agreed to plead guilty in federal court to defrauding health insurance companies for nearly $700,000. The Columbus Dispatch reports 44-year-old Jeffrey Shope is charged with overbilling health insurance companies by $696,373 from 2009 through …
The article Ohio Chiropractor to Plead Guilty to $696K Insurance Fraud appeared first on Insurance Journal.
Jurors at a civil trial focused on the market value of Michael Jordan’s identity have handed him a major win, ordering a grocery-store chain to pay him $8.9 million for invoking his name in a steak ad without his permission. …
The article Jury Sides with Jordan in Name Value Case, Award $8.9M appeared first on Insurance Journal.
New Jersey Transit is getting $71 million from the federal government to pay for rebuilding and replacing equipment damaged by Superstorm Sandy. The agency and New Jersey’s Congressional delegation announced the award Aug. 21. The money comes from the Federal …
The article New Jersey Transit Receives $71M Federal Sandy Relief Funding appeared first on Insurance Journal.
A minor earthquake has hit a rural area near Mammoth Lakes, Calif., but authorities say there have been no reports of damage. The United States Geological Survey reported Saturday that the preliminary magnitude 3.7 earthquake occurred about 7 a.m. Saturday, …
The article Small Quake Strikes Near Mammoth Lakes in California appeared first on Insurance Journal.
Just days before the federal statute of limitations would have run out, the government has filed a lawsuit against Southern California Edison in connection to a 2009 fire that primarily burned the San Bernardino National Forest east of Hemet. The …
The article Federal Government Suing Southern California Edison over 2009 Fire appeared first on Insurance Journal.
Six of the remaining seven construction workers injured in the collapse of a six-story scaffold outside a New Mexico medical center were released from hospitals last week as investigators began work on trying to determine the cause of the accident. One …
The article Cause of Deadly New Mexico Scaffold Collapse Sought appeared first on Insurance Journal.
A study says two California coastal cities are at greater risk from tsunamis than previously thought. The study released last week by the American Geophysical Union examined the flooding risk if earthquake faults in the Santa Barbara Channel area ruptured. Coastal …
The article Study: Ventura, Oxnard in California Could be at Greater Tsunami Risk appeared first on Insurance Journal.
The massive cloud of smoke began to lift over Washington wildfires over the weekend, but as air quality improves the fire’s behavior could become more erratic and intense, fire officials said. “It’s like a flue opening in a fireplace,” said …
The article Smoke Lifts over Washington fires, but Potential for Fire Growth Remains appeared first on Insurance Journal.
FedEx Corp. drivers will have to start over in a fight over their employee status in Missouri. A federal appeals court said Friday that a trial judge should have let a jury decide whether the drivers were independent contractors rather …
The article Court Says Jury Should Decide If FedEx Drivers are Employees in Missouri appeared first on Insurance Journal.
QBE North America announced that Brian Griffith will join the organization on August 31 as executive vice president, Field Management and Distribution. The insurer said Griffith will lead the strategy for all distribution channels across QBE, as well agency management …
The article QBE North America Names Griffith Executive VP for Distribution appeared first on Insurance Journal.
Researchers have uncovered a “remarkably strong link” between high wildfire risk in the Amazon basin and the hurricanes that ravage North Atlantic shorelines. The wildfire-hurricane association is a result of ocean-atmosphere interactions, according to the researchers who say this north-south …
The article Researchers Find Link Between Atlantic Hurricanes and Amazon Wildfires appeared first on Insurance Journal.
As of 8 a.m East Coast time, Danny, which became a Category 3 hurricane last Friday, had weakened substantially to a tropical depression with maximum sustained winds of 35 mph, according to the National Hurricane Center (NHC). The storm center …
The article Hurricane Danny Weakens to Tropical Depression appeared first on Insurance Journal.
Independent claims adjustment firm Crawford & Co. announced that Jeffrey T. Bowman is stepping down after nearly eight years as president and CEO and 24 years of service with the company. Bowman said he agreed to step aside the request …
The article Crawford CEO Bowman Steps Down appeared first on Insurance Journal.
Taser International Inc. is not liable for the death of a 16-year-old Michigan boy soon after he was struck in the chest by two taser darts shot by a police officer, resulting in cardiac arrest, a federal appeals court ruled …
The article Taser Not Liable in Death of Teenager, Court Rules appeared first on Insurance Journal.
This spring, traders and analysts working deep in the global swaps markets began picking up peculiar readings: Hundreds of billions of dollars of trades by U.S. banks had seemingly vanished. “We saw strange things in the data,” said Chris Barnes, …
The article Reuters Special Report: U.S. Banks Book Trades Abroad to Bypass U.S. Regulation appeared first on Insurance Journal.
MetLife Inc.’s fight to free itself from a costly government label is increasingly focusing on a bold argument: The giant insurer isn’t actually a U.S. financial company. In court papers filed in Washington on Friday, MetLife said it doesn’t meet …
The article MetLife Cites Foreign Operations to Claim It’s Not a U.S. Financial Firm appeared first on Insurance Journal.
Amlin plc Chief Executive Officer Charles Philipps damped speculation that the Lloyd’s of London insurer is looking for a buyer, saying the firm is strong enough to remain independent. “We are not for sale, we are not running a sale …
The article Amlin CEO Dampens Speculation That a Buyer Is Being Sought appeared first on Insurance Journal.
Businesses are putting themselves in danger by neglecting or avoiding formal risk management processes, according to a new study by the Enterprise Risk Management Initiative at North Carolina State University on behalf of the London-based Chartered Institute of Management Accountants …
The article Survey of Global Executives Reveals Business Threat of Poor Risk Oversight appeared first on Insurance Journal.
FBD Holdings plc fell to a five-year low after Ireland’s only publicly traded insurer posted one of its biggest first-half losses on record and said it’s unlikely to be profitable until the end of 2016. The company will sell as …
The article Ireland’s FBD Reports H1 Loss of $97.7M, Versus Profit of $6.8M in 2014 appeared first on Insurance Journal.
A Kentucky law revision limiting the solicitation of accident victims within 30 days of a crash has gone into effect but is already being challenged in the state by multiple chiropractic groups that say the law is unconstitutional. The Kentucky …
The article Revised Kentucky Accident Victim Solicitation Law Under Fire, Again appeared first on Insurance Journal.
Ping An Insurance (Group) Co., China’s second-largest insurer, is boosting overseas assets as the nation’s slowing economy and falling interest rates make it difficult to find investments with attractive returns at home. The company has about 16 billion yuan ($2.5 billion) of …
The article Ping An to Boost Overseas Investments as China’s Economy Falters appeared first on Insurance Journal.
