Insurance

The Charity Issue; Photos of Your Organization Involved in Charity Work; IJ’s Agents of the Year……
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The Charity Issue; Photos of Your Organization Involved in Charity Work; IJ’s Agents of the Year……
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The Charity Issue; Photos of Your Organization Involved in Charity Work; IJ’s Agents of the Year……
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The Sharing Economy; Directory: Programs, Volume II……
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The Sharing Economy; Directory: Programs, Volume II……
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The Sharing Economy; Directory: Programs, Volume II……
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Top Personal Lines Retail Agencies; Young Wholesale Brokers; Markets: Assisted Living / Long Term Care……
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Top Personal Lines Retail Agencies; Young Wholesale Brokers; Markets: Assisted Living / Long Term Care……
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Top Personal Lines Retail Agencies; Young Wholesale Brokers; Markets: Assisted Living / Long Term Care……
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Maximum, an independent, Chicago-based excess and surplus lines wholesaler, has hired Jeff Livingston as a producer. He will be based out of Maximum’s growing office in Tampa, Fla. Originally from Georgia, Livingston came to Tampa five years ago and began ………
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National General Holdings Corp. has agreed to acquire National Farmers Union Property and Casualty Co. from QBE North America. The estimated purchase price is $43 million. National Farmers Union Insurance writes personal and farm auto and farm and homeowners’ insurance ………
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Lawmakers have begun filing bills in the Texas Legislature for the legislative session that begins in January 2019. Among the bills filed so far that relate to property/casualty insurance include: HB 259: Relating to named driver insurance policies and certain ………
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Chicago-based ISMIE Mutual Insurance Co., has partnered with the Indiana Osteopathic Association (IOA) and the Pennsylvania Osteopathic Medical Association (POMA) on a medical professional liability insurance program. Through the program, IOA and POMA members will receive access to ISMIE’s ris…
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The NHL and attorneys for retired players announced a tentative settlement in the biggest lawsuit brought against the league over concussions and other head injuries. The lawsuit, consolidated in federal court in Minnesota and by far the largest facing the ………
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Texas Associates Insurors, based in Austin, has hired two new account managers in its expanding Employee Benefits Division. Esther Loaeza joins the agency with 30 years of experience in the industry. She has overseen the successful implementation and administration of ………
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Federal regulators say tests shows uranium levels exceeding safe drinking water standards have been found at two locations at a nuclear fuel plant that has leaked in South Carolina. The State newspaper reported the Nuclear Regulatory Commission and plant operator ………
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The World Economic Forum surveyed 12,000 global executives, who noted that cybersecurity concerns are growing worldwide, with -More- ……
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Telematics is increasing in demand, especially in the global automotive industry, leading to expansive growth in insurance te -More- ……
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Mass-shooting insurance for businesses can cover counseling, death- and victim-related expenses and even “loss of attraction” -More- ……
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The cost of cybercrimes is expected to top $6 trillion by 2021, a figure that far outpaces projected spending on cybersecurit -More- ……
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Regina Dugan, businesswoman and technology developer……
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A wrongful death lawsuit filed against a Montana whitewater rafting company has been settled out of court. The Bozeman Daily Chronicle reported that the suit was settled mid-trial on last week for an undisclosed amount. In 2015, Brian Niedermeyer died ………
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A federal court jury has awarded a Montana man more than $2.1 million in a wrongful termination lawsuit against BNSF Railway following an on-the-job injury. Zachary Wooten, of Columbia Falls, sued BNSF alleging the company violated the Federal Rail Safety ………
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Iowa soybean farmer Mike Schlosser does not expect President Donald Trump’s trade war with China, the single biggest headwind to his business, to end any time soon. But he is among many in farm country who expect at least some ………
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Brown & Brown of Massachusetts LLC has acquired substantially all of the assets of Rodman Insurance Agency. With roots dating back to 1935, Rodman Insurance Agency specializes in providing property and casualty insurance products and services to commercial customers in ………
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The “new normal” for California has yielded another year of record wildfires and billions of dollars in insured losses, as homeowners insurance rates inch up in high risk areas, and carriers get more cautious about where they write in a ………
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JLT Re, the global reinsurance broker and consultant, announce the launch of JLT Re Iberia, which follows the acquisition of JLT March Re, the fourth largest Spanish insurance broker, from financial group Banca March. Previously, the two companies operated JLT ………
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Lloyd’s, the insurance and reinsurance market, officially opened Lloyd’s Brussels, its post-Brexit headquarters in the European Union. Lloyd’s Brussels is Lloyd’s first Europe-wide operation and will bring Lloyd’s expertise closer to its customers and partners in Europe…
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In just a few weeks, humanity may take its first paid ride into the age of driverless cars. Waymo, the secretive subsidiary of Google’s parent company, Alphabet Inc., is planning to launch the world’s first commercial driverless car service in ………
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Resource Alliance, a human resources and employee benefits firm serving Georgia’s multifamily residential industry, has merged its operations with Higginbotham, an insurance and financial services firm serving midmarket companies. Resource Alliance will draw on Higginbotham’s capabilitie…
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California’s raging wildfires are so bad that American International Group Inc. and Chubb Ltd. are deploying teams of specialists and former firefighters to spray retardants on homes. The season may soon rank among the industry’s most costly. The latest blazes ………
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Two U.S. pilots’ unions say the potential risks of a safety feature on Boeing Co.’s 737 Max aircraft that has been linked to a deadly crash in Indonesia weren’t sufficiently spelled out in their manuals or training. Boeing and the ………
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A tropical wave has formed in the Atlantic, east of the Lesser Antilles, and the National Oceanic and Atmospheric Administrat -More- ……
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Virginia voters last week approved a measure to cut taxes on homes in flood-prone areas, and climate change groups warn that  -More- ……
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E-scooter company Lime is recalling a scooter model manufactured by Chinese company Okai in all cities, with Lime saying the  -More- ……
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The new round of wildfires in California have left at least 31 people dead, with 29 dead from a single fire in Northern Calif -More- ……
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Insurance industry professionals say the midterm election results won’t change insurance-related issues, but the new Congress -More- ……
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Scientists continue to analyze the intensity of Hurricane Michael, and as it continues to be reviewed, it could be upgraded t -More- ……
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Markel Corp. announced that its German insurance company, Markel Insurance SE (MISE), has received regulatory approval to operate a branch office in the UK. MISE was established to meet the insurance needs of clients located or with risk exposures in ………
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Hannover Re’s long-serving executive board member Juergen Graeber passed away suddenly and unexpectedly on Nov. 9, 2018 at the age of 62. “We are deeply shocked by the news of his unexpected death,” said Ulrich Wallin, chief executive officer of ………
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An analysis by catastrophe modeler RMS shows 15 wildfires are burning more than 280,000 acres in California have collectively destroyed nearly 7,000 homes and businesses and killed 31 people. Roughly 300,000 have been evacuated, while 12,000 firefighters are working on ………
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Fraser Shipyards has settled lawsuits involving dozens of workers who were exposed to lead while working on an old freighter in Superior, the company said. Fraser has agreed to pay $7.5 million to more than 60 workers who were exposed ………
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The private sector should not depend on the federal government alone for safeguards against cyberattacks, and the insurance s -More- ……
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California has 4.5 million ballots remaining to be counted as contests including the insurance commissioner race and state an -More- ……
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AAA estimates 54.3 million people will travel this Thanksgiving holiday, the most in 13 years and a 4.8% increase over last y -More- ……
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Authorities ordered the evacuation of Paradise, Calif., a Northern California town of about 27,000 residents, on Thursday as  -More- ……
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A federal grand jury has issued a 17-count indictment charging the captain of a duck boat that sank in a lake near Branson, M -More- ……
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Because there was no obvious interference in the 2018 midterm elections to echo 2016’s surprise attack from foreign agents — -More- ……
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Utilities are reporting that all power has been restored in the Florida counties devastated by Hurricane Michael. The utility companies and cooperatives reported Tuesday to the Public Service Commission that they had zero outages for the first time since the ………
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The two ridesharing giants provided more than 91,000 rides in the Seattle, Wash. area on an average day in the second quarter of this year. The Seattle Times reports Uber and Lyft are on pace to provide more than 31 ………
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A man who fought for more than a decade to maintain his rights to a mining claim in northwestern Montana died two days after a jury awarded him nearly $2.6 million. A Lincoln County jury awarded the money to Arnold ………
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A wildfire raging in Northern California’s Sierra Nevada foothills quadrupled in size late Thursday and another day of dry winds threatens to make it spread even farther, faster. The blaze near the community of Chico has left more than 23,000 ………
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YOUNG & Associates, a full-service, national building consulting firm, has hired Don Pierro as senior regional building consultant serving the Northeast region. With more than 20 years’ experience, Pierro will provide clients with quantity surveying, cost estimating, scheduling, building v…
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The U.S. securities regulator is set to review this month rules on corporate democracy, setting it up for a clash with investors who worry the agency will side with companies to diminish voting rights on charged issues like climate change ………
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CoreLogic, the Irvine, Calif.-based property data and analytics firm, announced it is expanding its Flood Risk Score and Weather Verification Services for hail into Canada. The availability of the CoreLogic Flood Risk Score and Weather Verification Service for hail in ………
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Hub International Limited, the Chicago-based insurance broker, announced that it has acquired the assets of Kuokoa Enterprises Inc. Terms of the transaction were not disclosed. Located in Edmonton, Alberta, Canada, Kuokoa Enterprises specializes in commercial lines insurance solutions. Owner of R…
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AXIS Capital Holdings Ltd. announced a preliminary pre-tax loss estimate for Hurricane Michael in the range of $100 million to $120 million, which will affect its fourth quarter financial results. The loss estimate figure is net of estimated recoveries from ………
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Fanned by hot, dry winds, wildfires north of San Francisco and near Los Angeles have forced the evacuation of more than 150,000 people in the state, including Malibu, the coastal enclave of the rich and famous. The fires cover about ………
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What’s one of the biggest gaps in cyber? Good communication between the insurance industry and customers, who are in need of more than just products to help protect them from risks in the rapidly changing digital world. That was the ………
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Officials say a carbon monoxide leak at a Tennessee hotel has sickened nine people. News outlets reported the Nashville Fire Department was called out to the downtown Westin hotel on Wednesday morning. The Nashville Fire Department tweeted that five of ………
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Commercial auto insurance hasn’t produced an industrywide combined ratio below 105 in the United States since 2010, according to a Guy Carpenter analysis, which says the line’s poor performance is a key factor in overall property/casualty underwriting results. “It is ………
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Allstate Corp., the automobile and home-insurance giant, is exploring a sale of its fixed-annuities business, which stopped selling new policies about five years ago, people familiar with the matter said. The insurer is working with financial advisers to seek buyers ………
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Since Nov. 7, 2000, at least one person has died on Texas roadways every single day, according to the Texas Department of Transportation. More than 66,000 have died from vehicle crashes on Texas roadways since that day. In an effort ………
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Mile Auto has launched its pay-per-mile insurance product in Oregon and Illinois. Mile Auto said its pay-per-mile model can save low mileage drivers 30 percent to 40 percent over traditional rates, by charging customers only for the miles they drive ………
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Keystone Insurers Group (Keystone) has JoAnn Hartung as Wisconsin state vice president. Hartung has served multiple roles within the industry, most recently as regional agency manager for Western National Insurance Group, where she managed regional marketing and sales for Wisconsin ………
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Workers’ compensation rates in Tennessee will decrease by nearly 20 percent next year, marking the sixth consecutive year of decreases, according to a statement from the Tennessee Department of Commerce and Insurance. TDCI Commissioner Julie Mix McPeak approved a 19 ………
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Lloyd’s has appointed Neil Maidment from Beazley Plc as an independent non-executive of the Lloyd’s board with effect from February 2019. The new appointment, for an initial term of three years, will be effective once Maidment’s term of office on ………
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A report from the AAA Foundation for Traffic Safety says drivers ages 16 to 19 were involved in an estimated 1.05 million cra -More- ……
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PCI has offered feedback on two International Association of Insurance Supervisors proposals that are set to take effect next -More- ……
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Ongoing recovery from Hurricane Michael highlights the importance of surpassing building codes’ minimum requirements when reb -More- ……
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A storm has the potential to drop heavy rain starting Friday in Ohio, the Mid-Atlantic, New York and Pennsylvania.  -More- ……
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October was a deadly and costly month due to natural catastrophes, with the the U.S. and Europe being hit particularly hard, according to Aon’s Impact Forecasting. Total U.S. economic losses from October’s Hurricane Michael – including physical damage and net ………
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A.M. Best has placed under review with developing implications the Financial Strength Rating (FSR) of A- (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “a-” of Houston Specialty Insurance Co. (HSIC) and its 100 percent reinsured subsidiary, Oklahoma ………
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An elevator technician who was injured while working on a six-story building in New Jersey has settled his lawsuit against the building’s owner for more than $2 million. Lawyers for Brett Riccio tell NJ.com the settlement was reached late last ………
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The Illinois Supreme Court has agreed with an insurance agent’s argument that under state law insureds have two years from the date an insurance policy is issued to file suit against an insurance producer alleging that the policy sold to ………
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Maximum, an independent, Chicago-based excess and surplus lines wholesaler, has hired Kim Shattuck as a producer. Shattuck joins the Maximum team with over three decades of experience in the casualty, property, and contract binding sectors. Her history in the industry ………
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A network of private railroads more than three times the length of the New York subway system is the key lifeline for Australia’s A$61.3 billion ($44.5 billion) iron ore export industry. So when there’s a derailment in the biggest shipper ………
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Italy’s top insurer Generali said on Thursday its net profit in the first nine months of the year rose 26.8 percent to beat expectations, lifted by stronger life premiums and disposals. Net profit reached 1.86 billion euros ($2 billion), above ………
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A lawsuit involving a Ferris wheel accident in which three girls fell to the ground at a Tennessee fair has been settled. The Kingsport Times-News reports that a notice filed in federal court Oct. 17 indicated mediation took place and ………
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Insurance industry trailblazer Patrick Ryan thinks the insurance program business could be headed for interesting times given recent consolidation in the retail insurance agency sector, an influx of capital and the recent purchase of a large program manager by American ………
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Many insurtechs find one problem and try to solve it. Broker Buddha is among them. This platform takes static PDF insurance carrier applications and converts them into interactive online smart forms that agents and their clients can both access for ………
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The days of Mountain Home, Arkansas, firefighters potentially getting lost when responding to an emergency are now numbered. Thanks to a new system being put into place, the firefighters will be given directions and a host of other information in ………
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The City Council in Ohio’s capital city has approved paying the family of an 86-year-old woman killed in a firetruck accident $410,000 to settle a wrongful death lawsuit. The Columbus Dispatch reports Columbus City Council voted on the settlement Monday ………
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Republican Glen Mulready has won the election to become Oklahoma’s next insurance commissioner. According to the state’s election board, Mulready received nearly 62 percent of the votes in the statewide election, compared to just over 38 percent for his Democratic ………
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The University of North Carolina at Chapel Hill has canceled classes after a water main break. The school issued an alert Monday announcing that all non-mandatory operations are suspended. The school was encouraging faculty and staff to leave campus so ………
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SOBC DARAG, the joint venture formed between SOBC, the US-based run-off specialist, and DARAG, the leading legacy acquirer, has completed of its first acquisition of Peachtree Casualty Insurance Co. of Florida. The acquisition of Peachtree was completed after receipt of ………
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An order from Florida’s Office of Insurance Regulation will reduce workers’ compensation rates in the state by 13.8% next yea -More- ……
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Repairs costing up to $3,000 can result from damage to vehicle technology for automatic emergency braking, blind spot monitor -More- ……
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The amount paid in insurance claims stemming from Hurricane Michael in Florida has increased 28% in the past week to total $2 -More- ……
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An Accenture report found 45% of insurance chief financial officers said knowledge and exploration of disruptive technology i -More- ……
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The Department of Homeland Security said Tuesday during a press briefing that it had found no evidence of foreign hacking sur -More- ……
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A year after the Boy Scouts of America announced it would admit girls, the Girl Scouts of the United States of America punched back Tuesday with a federal trademark lawsuit seeking to block the boys group from rebranding its flagship ………
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Great American Insurance Group has hired Kelli Artin as divisional vice president of Cyber Liability. Artin will focus on the distribution strategy and marketing of the company’s cyber risk insurance offerings. Artin most recently served as a vice president with ………
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American International Group Inc. announced it has completed its acquisition of program manager Glatfelter Insurance Group. The transaction, which was first announced on Sept. 21, 2018, has closed following receipt of regulatory approvals and satisfaction of other closing conditions. The ………
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Federal transportation safety investigators will try to determine what caused a helicopter to crash into power lines during an inspection flight in northern New York, killing two people on board and injuring two others. The National Transportation Safety Board says ………
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A longtime Texas insurance agency is now operating under its former name, Sleeper Sewell Insurance, following the purchase of the assets of ANBTX Insurance Services by agency president Von E. Breaux and industry veteran D. Michael Sherman, owner of DMS ………
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Voters in Utah have decided to legalize medical marijuana. With most precincts reporting in, Utah’s medical cannabis ballot measure, or Proposition 2, led by a margin of 53 percent to 47 percent. Under the measure patients with physician approval would ………
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Some UK insurers may be forced to change how they set their prices for motor and home insurance as a result of a regulatory investigation next year, according to Fitch Ratings. Insurers have been accused of overcharging customers who do ………
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Boeing Co. sent an operations manual bulletin to operators of its 737 Max jets in response to the investigation of last week’s fatal crash off the coast of Indonesia that left 189 dead. The bulletin directs “operators to existing flight ………
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California Insurance Commissioner Dave Jones on Wednesday issued a revised advisory workers’ compensation pure premium rate, lowering the benchmark to $1.63 per $100 of payroll effective Jan. 1, 2019. Jones has reduced the advisory pure premium rate by about 42 ………
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American International Group Inc. is exiting business activities in Iran that came with a subsidiary it acquired and which now butt up against the sanctions against Iran that have been reimposed by the Trump administration, according to a filing. Validus ………
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Bob Simpson has joined EPIC Insurance Brokers and Consultants in Houston as director, Communications and Engagement (C&E), to lead EPIC’s C&E practice nationally. Simpson’s responsibilities will include providing strategic and tactical direction for all employee benefits client c…
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State oil and gas regulators in Oklahoma have ordered the indefinite shutdown of a disposal well after an earthquake struck nearby. The 3.3 magnitude quake was reported Sunday night near Bridge Creek, about 20 miles southwest of Oklahoma City. There ………
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Georgia’s insured losses from Hurricane Michael have climbed to more than $696 million, with insurers reporting approximately 68,000 claims filed as of the end of October, according to a press release from Insurance Commissioner Ralph Hudgens. The estimate is based ………
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Jackson Sumner & Associates (JSA) has promoted Scott Banks to the position of the company’s North Carolina Marketing representative. Banks has been with JSA for more than three years, having most recently served as P&C assistant underwriter. His territory for ………
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Sirius International Insurance Group, Ltd., a global multi-line insurance and reinsurance group, has closed the previously announced business combination with the special purpose private asset management company Easterly Acquisition Corp. As a result, a wholly owned subsidiary of Sirius Group ……
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The midterm election outcome will not only reveal the state of election cybersecurity, it will also help determine how cybers -More- ……
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A gap exists between insurance coverage that’s in place and what is necessary to guard against flooding, earthquakes and othe -More- ……
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The Trump administration’s recently imposed tariffs on imports from China are likely to affect the cost of insurance amid ris -More- ……
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The 2019 reinsurance program renewal process for the National Flood Insurance Program is underway.  -More- ……
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Segway Ninebot, a manufacturer of electric scooters, has disputed Lime’s statement that some scooters in its fleet pose a bat -More- ……
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The number of pedestrians killed on Oahu has doubled this year despite enforcement of laws aimed curbing risky walking behaviors. The Honolulu Star-Advertiser reports 26 pedestrians have been killed so far this year, increasing from the 13 pedestrian deaths recorded ………
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RIC Insurance General Agency has named Brittany Malkin business development manager. She will work to expand their commercial and personal lines marketing efforts, and work primarily with California retail insurance agents in Orange County and San Diego. Malkin previously worked ………
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The fire department says one person is dead and another was unaccounted for after a weather-related building collapse at an Amazon distribution warehouse on Baltimore’s southeast side, the Baltimore Sun reports. Chief Roman Clark tells the Sun that a 50-foot ………
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Satellite Agency Network Group Inc. (SAN), a Hampton, N.H.-based alliance of independent insurance agencies in the Northeastern U.S., has hired Jessica Stockwell as agency development field specialist. In this role, Stockwell will be directly responsible for agency development and consulting ……
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A young driver was inhaling chemical vapors, or huffing, just prior to striking and killing three Girl Scouts and a mother and critically injuring a fourth girl who had been picking up trash along a rural Wisconsin highway, police said. ………
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HDI Global Insurance Co., headquartered in Chicago, has expanded its Engineering Lines & Construction Division with several new hires. John Sprague has been appointed senior construction liability underwriter. He will be responsible for the continued growth and development of the ………
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Hong Kong’s privacy watchdog is investigating Cathay Pacific Airways Ltd. after the carrier last month disclosed the world’s biggest airline data breach that exposed personal information of 9.4 million customers. The compliance probe will examine security measures taken by Cathay ……
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A longtime Texas insurance agency is now operating under its former name, Sleeper Sewell Insurance, following the purchase of the assets of ANBTX Insurance Services by President Von E. Breaux and industry veteran D. Michael Sherman, owner of DMS Insurance ………
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The Lion Air plane that crashed in the Java Sea last week had faulty airspeed readings during its last four flights and Indonesian investigators called on planemaker Boeing Co. and U.S. authorities to ensure there aren’t fleet-wide issues. The Southeast ………
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Insurtech Slice, which offers its own on-demand rideshare and homeshare products, now also provides cloud services for carriers wanting to offer their own on-demand products. The growing digital insurer and services provider recently closed a $20 million funding round to ………
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Two U.S. government agencies are giving conflicting interpretations of a safety study on cell phone radiation: One says it causes cancer in rats. The other says there’s no reason for people to worry. No new research was issued but last ………
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Workers’ compensation provider, Texas Mutual Insurance Company, is partnering with The University of Texas at Dallas’ (UT Dallas) Naveen Jindal School of Management for a brand-new Risk Control and Safety Engineering class. This course is currently exclusive to UT Dallas ………
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Federal workplace safety regulators have cited Texas-based UST Systems Inc. for trench safety violations after the company allowed its employees to enter an excavation site in Austin without proper protections or training on the dangers of unsupported soils. UST Systems ………
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Texas-based Insurance Technologies Corporation (ITC), a provider of websites, marketing, rating and management software and services, has acquired Assurance Systems Inc., an insurance technology provider in the southeastern United States. Founded in 1986, Assurance Systems product offerings include…
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A recent Environmental Protection Agency ruling clears the path for Arkansas farmers to use the herbicide dicamba on soybeans and cotton, ending a state-wide ban on the weed killer’s use. The federal agency on Oct. 31 announced the decision to ………
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A fire destroyed a south Louisiana gym and thousands of dollars in donations being held there ahead of a charity fundraiser. WVUE-TV reported that a fire Wednesday night destroyed the Garyville Recreation Center gym in St. John Parish. A fundraiser ………
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Sixteen people, including one child, were taken to a hospital after authorities say they were exposed to carbon monoxide at a North Carolina hotel. News outlets report that employees and guests at the Holiday Inn Express in Jacksonville were suffering ………
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North Carolina’s insurance commissioner said he’s handing over to the federal government a contribution that’s the subject of a citizen’s complaint alleging improper campaign giving by a leading state donor who also faces scrutiny from federal investigators. Insurance Commiss…
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Two employees who were assigned to assist special needs students in the classroom have filed a $900,000 lawsuit against Portland Public Schools, claiming the district ignored pleas for help as violent students repeatedly assaulted them. The Oregonian/OregonLive reported Joyce Moore ………
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The U.S. reimposed sanctions on Iran’s critical oil industry Monday, raising pressure on the Islamic Republic to scale back its ballistic missile program and involvement in conflicts across the Middle East. The sanctions on Iran’s energy, shipping and banking sectors, ………
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An eastern Washington man found not guilty of three counts of involuntary manslaughter in a criminal trial following a boating crash on Lake Coeur d’Alene in northern Idaho has been ordered to pay $600,000 in a civil case. A jury ………
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Storms lashing Sicily have killed at least 12 people with torrential floods, Italian authorities said as the country’s leader headed Sunday to the stricken Mediterranean island. Divers pulled out nine of those victims from a home flooded by a rapidly ………
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The adoption of autonomous vehicles requires further evolution in sensor technology, data processing and human-machine intera -More- ……
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General Motors said it will introduce two “smart” and “connected” electric bicycles in 2019, one of which will be compact whi -More- ……
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The North Carolina Department of Insurance estimates that Hurricane Florence caused about $17 billion worth of damage in the  -More- ……
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Southern California Edison said its equipment appears to have been involved in starting the 2017 Thomas fire, which left two  -More- ……
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After heavy rains recently stressed the Prestonwood Lake Dam in Arlington, Texas, Mayor Jeff Williams issued an emergency pro -More- ……
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A Rhode Island insurance agent who prosecutors say specializes in providing insurance on horses has been arrested on federal charges. The U.S. Attorney’s office in Providence says 57-year-old Randall Levesque, of Middletown, was charged in a federal criminal complaint with ………
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Arch Capital Group Ltd., a Bermuda-based provider of insurance, reinsurance and mortgage insurance, has entered into a definitive agreement to acquire McNeil & Co., a nationwide provider of specialized risk management and insurance programs headquartered in Cortland, N.Y. Terms of ………
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Kemper Corp. reported net income of $92.2 million for the third quarter of 2018, compared to $47.7 million for the third quarter of 2017. As adjusted for the acquisition in the quarter of nonstandard auto insurer Infinity, net income was ………
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Berkshire Hathaway Inc.’s insurers dodged the worst of losses caused by Hurricane Florence as the businesses kept up their rebound from a rough 2017. The company’s operating profit doubled last quarter, capitalizing on trends ranging from more train traffic on ………
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Britain is confident that it will “imminently” reach a deal with the European Union on its post-Brexit financial services trade with the bloc, Britain’s financial services minister John Glen said on Monday. Britain is looking for an agreement based on ………
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Arron Banks, the insurance businessman whose millions of pounds of donations to a pro-Brexit campaign are being investigated by police, denied Russia was involved and said the funds came from his U.K. business. “There was no Russian money and no ………
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Segway Ninebot, the primary manufacturer of shared electric scooters, is hitting back three days after one of the biggest scooter-sharing companies said manufacturing issues had led some vehicles to smolder or even catch fire. In a statement on Friday, the ………
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It might be time for carriers and agents to encourage their clients to buy flood coverage even if they’re not living and working inside a flood zone. Such an action is long overdue, according to insurance commissioners from Florida, South ………
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Top Commercial Lines Agencies; Focus on Professional Liability / PLUS; Directory: Premium Finance; Market: Trucking……
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Top Commercial Lines Agencies; Focus on Professional Liability / PLUS; Directory: Premium Finance; Market: Trucking……
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Top Commercial Lines Agencies; Focus on Professional Liability / PLUS; Directory: Premium Finance; Market: Trucking……
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Marsh & McLennan Agency LLC (MMA), the middle market agency subsidiary of Marsh, has appointed Moroni Rodrigues chief financial officer for the Southwest Region. Rodrigues will oversee the finance, treasury and accounting operations of MMA Southwest, which has offices throughout ………
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A utility-location worker failed to properly mark a natural gas line in a Madison, Wisconsin, suburb this summer, leading to an explosion that leveled more than half a dozen buildings and killed a firefighter, according to court documents. A search ………
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Berkley Equine & Cattle (BEC) has opened its Animal Mortality Claims Adjusting Office in Lexington, Ky., and appointed Philip O. Bradley as manager. Bradley has more than 25 years of experience adjusting equine, cattle and other livestock claims. BEC, a ………
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Federal safety officials have cited Venture Metals LLC – based in Dallas, Texas – for exposing employees to crushing hazards after a stack of pipes fell and crushed a worker, leading to his hospitalization. The company faces $311,580 in penalties ………
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Hurricane Florence in North Carolina is now estimated to have caused $17 billion in damage, according to a statement from Governor Roy Cooper’s office. An Oct. 31 updated damage estimate from the North Carolina Office of State Budget and Management ………
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Small business digital insurance carrier Next Insurance has launched a new general contractor insurance policy that includes general and professional liability insurance for general contractors entirely online. Next Insurance now offers three coverage plans for general contractor insurance starting…
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A Northern California utility received 146 demands for reimbursement from customers who say Pacific Gas & Electric Company’s controversial decision to cut power to prevent wildfires hurt them economically. The utility said Wednesday in a report to California regulators that ………
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Horace Mann, education reformer……
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Sen.  -More- ……
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The Trump administration has loosened red tape surrounding the nation’s ability to respond to cybersecurity attacks and will  -More- ……
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Digital technology poses disruption to the insurance and reinsurance sectors, although both — particularly reinsurers — cou -More- ……
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Construction on the main spillway at Oroville Dam in California has wrapped up just in time for the rainy season, although th -More- ……
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Global insurance brokerage Hub International Limited (Hub) has acquired the assets of Insurance Management Associates Inc. (IMA). Terms of the transaction were not disclosed. Based in Annapolis, Md., IMA is a full-service commercial and personal insurance agency. IMA President Randall ………
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Donations made by pro-Brexit groups including Arron Banks’ Leave.EU will be investigated by police after the Electoral Commission said they may have “knowingly concealed” the true source of 8 million pounds ($10.3 million) of funds to the campaign. The Electoral ………
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Willis Towers Watson announced the appointment of Adrian Willmott as sales leader for its Corporate Risk & Broking GB Retail business. Based in London, Willmott will be responsible for developing Willis Towers Watson’s integrated sales approach for the retail business ………
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A senior Democratic U.S. senator on Thursday unveiled draft legislation that would allow hefty fines and as much as 20-year prison terms for executives who violate privacy and cybersecurity standards. Senator Ron Wyden released a draft of legislation that would ………
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Investment manager Neuberger Berman Group has acquired an asset manager and an affiliated reinsurer, which manage more than $1 billion in assets, focusing on insurance-linked strategies. New York-based Cartesian Re and its Bermuda affiliate Iris Re were purchased from Cartesian ………
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Indonesian divers on Friday resumed a search for a second black box amid the sunken wreckage of a nearly new aircraft that slammed into the sea off Jakarta this week, killing all 189 people on board. Searchers have found only ………
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“We do see it coming. We expect that in 2019 we’re going to be in an underwriting profit position, not a great one, but a profit. And we’ll move from there to a great one.” So said Brian Duperreault, president ………
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Liberty Mutual and its subsidiaries reported net income of $282 million and $1.911 billion for the three and nine months ended Sept. 30, 2018 versus net loss attributable of $665 million and $188 million for the same periods in 2017. ………
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Texas Mutual Insurance Co. has reported that a Travis County district court sentenced Kaydra Moore of Cedar Hill, Texas. on workers’ compensation fraud charges. The court sentenced Moore to a Class A misdemeanor with one year deferred adjudication. She will ………
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Federal investigators determined that a broken rail caused the fiery 2017 train derailment in northwest Iowa that released 322,000 gallons of ethanol. The National Transportation Safety Board has ruled that Union Pacific’s maintenance was inadequate before the March 2017 derailment ………
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State troopers say seven children have been injured in a school bus crash in Alabama. Alabama Law Enforcement Agency spokesman Cpl. Jeremy Baker tells news outlets six children were released after being treated for minor injuries at a hospital in ………
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A Florida man says the autopilot feature of his Tesla vehicle failed to detect a disabled car on a highway, leading to a collision that left him with permanent injuries, according to a negligence lawsuit filed Tuesday. Shawn Hudson said ………
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The growing pains of shared electric scooter businesses have led one Southern California city to take a wait-and-see approach. The Ventura City Council voted 5-0 this week night to ban scooters after a company called Bird filed an application to ………
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Southern California Edison said its equipment likely sparked one of two ignition points for the massive wildfire that tore through California’s central coast last year. Witnesses reported flames near the company’s power poles in Ventura County last December and the ………
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Reports of tornadoes have emerged as severe storms are moving across Louisiana and Mississippi and damaging structures and ve -More- ……
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Insurtech startups that reached “unicorn” status, being valued at more than $1 billion, were the main drivers of insurtech fu -More- ……
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Cybersecurity firm Symantec reports that the hacking group that used ransomware to shut down Atlanta’s computers has focused  -More- ……
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Espionage charges have been filed against Chinese intelligence officers and hackers after they allegedly hacked into US aeros -More- ……
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The Wisconsin Supreme Court has held that a wildfire started by a logging company’s equipment was a single occurrence and the -More- ……
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Arch Insurance Europe has purchased the UK Commercial Lines business owned by The Ardonagh Group and part of its Geo Underwriting operating segment. The acquisition will give Arch a meaningful presence and an extended office network across the UK that ………
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Two utility workers were killed and two others were hurt when their maintenance helicopter got caught on power lines and crashed in rural northeastern New York, state police said. Pieces of the aircraft dangled from power lines late Tuesday afternoon ………
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Pipeline upgrade work at the center of natural gas explosions and fires north of Boston last month has been completed. Columbia Gas announced Tuesday it had replaced about 44 miles of gas mains and more than 5,000 service lines across ………
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Ping An Insurance Group Co., China’s biggest insurer by market value, is planning a Hong Kong initial public offering of its health-care technology unit that could raise about $2 billion, people with knowledge of the matter said. A listing of ………
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Adios Mordy Rothberg. One of the men behind Confie Seguros, a nonstandard auto insurance giant with an emphasis on serving Hispanic consumers that has been on an agency buying spree since it started in 2008, is calling it quits. Rothberg, ………
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The school groundskeeper who won a jury trial against Bayer AG’s Monsanto unit over allegations that the company’s glyphosate-containing weed-killers caused his cancer, accepted a court-mandated reduced punitive damages award on Wednesday. The decision by Dewayne Johnson, who sued Monsan…
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Tech-driven virtual claims services company Snapsheet started out as a service for body shops called Body Shop Bids before pivoting to serving insurers five years ago. Alex Meisner, director of innovation, is one of the original employees and knows the ………
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A resident of Richardson, Texas, who recognized a suspected arsonist from a television news report has been awarded a $500 check for his call that will lead to the arrests of three suspects in the fire of the Owens Sausage ………
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A final judgment upholds a jury award of more than $200 million to a Dallas-area family against Toyota over what they alleged were defective front seats in their Lexus sedan. State District Judge Dale Tillery entered the final judgment on ………
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Oklahoma state troopers are trying to find a tractor-trailer they say lost a wheel assembly in Oklahoma City and caused multiple crashes, including one that left a driver dead. The Oklahoma Highway Patrol says the series of crashes happened shortly ………
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The Southeastern United States is mostly free of drought, but a new federal assessment shows conditions are worsening slightly in Georgia and Alabama. A new map released last week by the U.S. Drought Monitor shows about one-third of Georgia is ………
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Catastrophe losses in Japan and North America pushed American International Group to a net loss of $1.3 billion for the third quarter of 2018, compared to a net loss of $1.7 billion in the prior-year quarter. Adjusted after-tax loss was ………
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QBE North America has promoted Kristy Kendle to regional executive for the Western region, which includes Arizona, California, Idaho, Montana, Nevada, Oregon, Utah and Washington. Kendle is accountable for profitable growth across QBE’s specialized insurance business portfolio, as well as R…
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Direct written premiums for US homeowners insurance could rise to $96 billion this year after reaching $94 billion in 2017, u -More- ……
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Lime said it recalled about 2,000 of its electric scooters over the summer because of the risk of battery fires.  -More- ……
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The Florida Office of Insurance Regulation said insurance claims payouts stemming from Hurricane Michael have surpassed $2 bi -More- ……
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A large storm moving from the western US to the east could dump as much as a foot of snow in Colorado and New Mexico, while d -More- ……
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More companies, including tech firms IBM, Microsoft and Cisco, are using artificial intelligence such as IBM’s Watson for dig -More- ……
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QBE Canada unveiled a new leadership team, which is being led by Jamie Thompson, who took on the role as director of Canada earlier this year. In this role, Thompson has oversight of QBE’s Canadian customers, including those who purchase ………
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Risk Strategies, a privately held, national insurance brokerage and risk management firm, has acquired Arkin Youngentob Associates, a full-service employee and executive benefits firm headquartered in Bethesda, Md. Terms of the deal were not disclosed. Founded in 1981, Arkin Youngentob ………
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Liberty Mutual’s Safeco insurance has agreed to accept the $132.5 million in personal lines business of Iowa-based EMC Insurance Companies. Safeco is offering EMC’s independent agents the opportunity to transition their EMC personal lines policies to Safeco beginning the first ………
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Ageas announced it has reached an agreement with BNP Paribas Cardif to sell its 33 percent share in the share capital of Cardif Lux Vie S.A. (CLV), for a total cash consideration of €152 million ($172.7 million). Under the deal, ………
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Pinnacol Assurance in Colorado has named Krista O’Rourke vice president of agency relations and safety services. O’Rourke replaces longtime Pinnacol executive Jon Scott, who retired Sept. 30. She will also oversee business development, agent retention and safety management. O’Rourk…
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Indonesia may be close to finding the main wreckage of the Lion Air plane that crashed earlier this week, as the hunt for clues to what caused the country’s worst air disaster since 1997 continued into a third day. The ………
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Chubb has added Small Commercial Insurance (SCI) coverage for risks faced by small manufacturers to its digital platform – the Chubb Marketplace, which features a broad and customizable suite of products for manufacturers. With this launch, Chubb SCI now offers ………
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A lawsuit targeting electric scooter-sharing companies seizes on the dangers of zipping around town on two wheels and brings gory detail to one of the more polarizing technology trends to emerge over the last year. Nine people who were injured ………
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The Texas Department of Insurance, Division of Workers’ Compensation (DWC) is accepting comments on five newly proposed forms to help insurance carriers submit requests for reimbursement from the Subsequent Injury Fund (SIF). Use of these forms will be voluntary. The ………
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Two lawsuits allege that the operator of a gas well that exploded in southeastern Oklahoma used a cheaper and quicker drilling plan despite experts’ advice. The Tulsa World reports that the January explosion near Quinton killed five workers who were ………
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The Illinois Department of Transportation has begun a statewide initiative among multiple government agencies to develop a testing program for connected and autonomous vehicles. Gov. Bruce Rauner signed an executive order last week directing IDOT to develop a program called ………
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King County Metro Transit in Washington has apologized and made a multimillion-dollar payment to the family of an Amazon employee who was killed last year by a turning bus. The Seattle Times reports 43-year-old John Ahn had finished dinner with ………
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The current pricing environment for property/casualty insurers is “modestly positive,” with commercial and personal auto rates rising by mid-to-high single digits, homeowners and commercial property rates rising by low-to-mid-single digits, and commercial casualty rates showing smaller c…
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Nora Ephron, journalist, author and filmmaker……
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Facebook is being ordered by a government agency in the Philippines to either buy insurance for people affected by a hack or  -More- ……
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Derrick Martins Oliveira, who was injured in a one-vehicle accident in 2014, was not granted underinsured motorist coverage b -More- ……
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Hurricane Michael’s total insured losses are estimated at $1.6 billion, according to the Florida Office of Insurance Regulati -More- ……
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The promise of smart cities also comes with a variety of risks to companies, governments and residents, making insurance an i -More- ……
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John King has been named chief underwriting officer for Brit Global Specialty USA. King moves to BGSU, based in Chicago, from his current role as group executive underwriter at Brit Global Specialty in London. King brings 30 years of experience ………
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The utility involved in a series of natural gas explosions and fires in three Massachusetts communities last month acknowledged Friday it would not meet its original Nov. 19 deadline for restoring gas service to all its customers. Columbia Gas set ………
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U.S. Supreme Court justices signaled on Monday they may issue more pro-business rulings giving companies wide latitude to use arbitration to resolve disputes with employees, customers or other businesses rather than the courts. The nine justices heard arguments in two ………
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Alphabet Inc.’s Waymo unit on Tuesday became the first company to receive a permit from the state of California to test driverless vehicles without a backup driver in the front seat, the state’s Department of Motor Vehicles said. California said ………
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When encountering a centenarian one often asks their secret to longevity. Embrace change. That’s was the secret Andy Barrengos, CEO of Woodruff Sawyer, shot back to the question without hesitation. Barrengos, 54, is himself barely halfway to the 100-year-mark. However, ………
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Just months after Uber Technologies Inc. persuaded a London judge to allow it to keep operating in the city, the ride-hailing company is back in court. At stake this time is an issue that could strike at the core of ………
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American International Group Inc. announced the appointment of Peter Bilsby as global head of Specialty. In this new role, Bilsby will report to Christopher Townsend, chief executive officer of AIG General Insurance International, with responsibility for the global energy, marine, ………
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Florida authorities have linked six more deaths to Hurricane Michael, raising the state’s death toll to 35. The storm’s overall death toll now stands at 45, with 10 deaths in other states. Florida Emergency Management Division spokesman Alberto Moscoso said ………
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Police say an explosion at a Kentucky home has killed one person and injured two others. State Trooper Scotty Sharp says in a news release the explosion occurred Saturday in McDaniels. The statement says a preliminary investigation found the explosion ………
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Wells Fargo & Co. will not finish paying back the estimated 600,000 customers it wrongly charged for auto insurance until at least 2020, the bank said in a letter to U.S. lawmakers seen by Reuters. U.S. regulators slapped Wells Fargo ………
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Record high customer satisfaction among auto insurance customers is clearly good news for customers, especially at a time when their overall customer experience is being tested by the rising cost of auto insurance. For insurers, on the other hand, record ………
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Wet weather this year has delayed Wisconsin’s grain harvest and caused widespread mold problems in farm fields, according to agriculture experts. The U.S. Department of Agriculture expects Wisconsin farmers to harvest a record amount of soybeans this year, but farmers ………
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The Ohio Supreme Court in early October ruled that a general contractor’s commercial general liability policy does not cover the faulty work of a subcontractor. In its consideration of Ohio N. Univ. v. Charles Constr. Servs., Inc., the court relied ………
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Authorities say two women were injured when the third-floor balcony of their San Francisco home collapsed. The San Francisco Fire Department reported the collapse happened early Saturday at a single-family home in the city’s Outer Sunset District. The women were ………
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The University of Arizona has banned dockless electric scooters from its campus effective immediately. University of Arizona Parking and Transportation Services Interim Executive Director Gail Nazarenko says the decision for the ban is “based on the experience of ASU,” which ………
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The U.S. Supreme Court on Friday agreed to take up a dispute involving a small Alabama company that accused the U.S. Postal Service of infringing its patented mail processing system and improperly convincing a federal tribunal to cancel the patent. ………
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A Nor’easter on Saturday brought high winds and flooding to coastal areas of New England and the Mid-Atlantic, along with pow -More- ……
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To reduce workers’ compensation claims, Eric Wente of Wente Family Estates vineyards found criminology students to help him a -More- ……
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US entities paid $2.7 trillion in insurance premiums in 2016, but only 0.09% of insurance spending was on cyberinsurance, wri -More- ……
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Homeowners can use natural landscapes to create barriers from wildfires, among other measures, but the best protection is app -More- ……
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A survey by PartnerRe and Advisen found that 70% of respondents are looking for a standalone cyberinsurance policy instead of -More- ……
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The family of a teen killed when a series of natural gas explosions and explosions rocked communities north of Boston plans to file a wrongful death lawsuit against the utility company. Attorney Doug Sheff told reporters Thursday Columbia Gas was ………
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PERILS, the independent Zurich-based organization that provides industry-wide catastrophe insurance data, has launched a windstorm forecasting platform in Australia and updated its existing service in Europe. The website, called “Wind-Jeannie,” was first launched in Europe in September 2…
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Ed, the London-based reinsurance, wholesale and specialty broker, announced that it would be acquired by a subsidiary of BGC Partners, Inc (BGC), a global brokerage and financial technology company. Financial details of the deal, which is subject to a number ………
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Philippine authorities started to move people to safer grounds as Typhoon Yutu approaches, tracking a path similar to last month’s storm that devastated rice-producing provinces in the main island of Luzon. Yutu, which last week became the strongest storm since ………
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Mike Cunningham has been named new co-owner of Shook-Leavitt Insurance Agency in Idaho, which will now do business as Leavitt Inland Pacific Insurance Services. Amy Shook remains with the agency as manager and a licensed agent. The changes will not ………
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A fraud investigation initiated by the Idaho Department of Insurance lead to the criminal prosecution of a local trucking company owner who pocketed insurance premiums. DOI investigators teamed with the state Attorney General’s Office following a consumer tip to build ………
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U.S. Justice Department officials say a new law enforcement strike force is being formed to combat opioid abuse in Appalachia. Assistant Attorney General Brian A. Benczkowski says the Appalachian Regional Prescription Opioid Strike Force will investigate health care fraud schemes ………
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A proposed class action lawsuit in San Francisco federal court accuses Wells Fargo of making tens of thousands of automatically dialed, or “robo,” calls to cell phones without consumers’ consent. Filed on Thursday on behalf of a nationwide class, the ………
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As small business owners shop for 2019 health insurance, some will for the first time have the chance to join forces and buy cheaper insurance – depending on which state they’re in. New rules that began going into effect last ………
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Ratings agency Fitch said on Friday it no longer assumed that Britain would leave the European Union in a smooth transition and said a “no deal” Brexit could lead to a further downgrade of its sovereign credit rating. “In Fitch’s ………
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Iowa’s Division of Workers’ Compensation has delayed its planned roll out of a new electronic filing, case management, hearing scheduling and EDI system for workers’ compensation, WCES. The Division had planned to go live with the new system on Dec. ………
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W. R. Berkley Corp. has announced that Scott R. Barraclough is the new chief executive officer of its Berkley Public Entity and Curtis E. Fletcher has succeeded Barraclough as president of Admiral Insurance, another Berkley company. Barraclough most recently served ………
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Texas’ Denton County will pay $115,000 to a female former county doctor after a federal court entered judgment in favor of the U.S. Equal Employment Opportunity Commission (EEOC) in a pay discrimination lawsuit (EEOC), the federal agency announced. According to ………
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Investigators say 10 students and their school bus driver were injured when the vehicle was broadsided by an 18-wheeler on a Central Texas highway. The Texas Department of Public Safety says nobody was seriously hurt in the accident involving a ………
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Authorities say a man apparently set a California home on fire while using a blowtorch to kill spiders. KFSN-TV reported 29 firefighters were called to a Fresno housing development Tuesday night to put out a two-alarm blaze. Authorities say a ………
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A private school system in Hawaii has paid $65 million to 32 people who sued the institution for the sexual abuse perpetrated decades ago by a psychiatric consultant. The Honolulu Star-Advertiser reported the payment Kamehameha Schools made this week is ………
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A depression in the Atlantic Ocean could develop into a tropical or subtropical storm this weekend.  -More- ……
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The insurance sector in Mexico has adequate capital and reinsurance to cover losses from Hurricane Willa, A.M. Best reports.  -More- ……
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Idaho lawmakers have drafted legislation that would expand workers’ compensation coverage for first responders to include psy -More- ……
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The Workers’ Compensation Insurance Rating Bureau of California reported a 7% year-over-year decline in the projected average -More- ……
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The remnants of Hurricane Willa, which hit Mexico this week, will take a path through the Mid-Atlantic and Northeast and are  -More- ……
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New York’s attorney general on Wednesday sued Exxon Mobil, saying the Texas energy giant has misled investors about the risks that climate change poses to its operations. The lawsuit filed by Attorney General Barbara Underwood is the latest in a ………
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Ask employers how they’re doing on sexual harassment in the workplace and most will say pretty well. Employees have a different take. Nearly 70 percent of leaders “strongly agree” that their workplace “does not tolerate harassment.” Fewer than half of ………
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American International Group, Inc. announced its European subsidiary, AIG Europe Ltd. (AEL) has received approval from the High Court of England & Wales to transfer its business into two new entities: American International Group UK Ltd. (AIG UK) and AIG ………
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A no-deal Brexit would drag the U.K. economy to a near standstill next year, according to a new report. If Britain leaves the European Union without an agreement, reverting to World Trade Organization’s most-favored-nation status rules, gross domestic product would ………
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International Airlines Group said an investigation into the theft of customers’ data at its British Airways subsidiary showed hackers may have stolen the personal information of a further 185,000 customers. British Airways apologized in September after the credit card details ………
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Global insurance, risk and consulting firm Marsh & McLennan Companies (MMC) reported consolidated revenue in the third quarter of 2018 was $3.5 billion, an increase of 5 percent compared with the third quarter of 2017. MMC, which is in the ………
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A toxic algae bloom has reached Florida’s Space Coast. The Florida Fish and Wildlife Conservation Commission said red tide had reached parts of Brevard County. The wildlife commission says red tide now spans from Miami-Dade County to halfway up Florida’s ………
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A body of U.S. state banking regulators on Thursday sued the federal government to void its decision to award national bank charters to online lenders and payment companies, saying it was unconstitutional and puts consumers and taxpayers at risk. The ………
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Injury rates have more than doubled at five West Virginia coal mines acquired by Murray Energy Corp. in 2013, according to a Reuters review of federal data, as the firm sharply increased the amount of coal produced per manhour. Although ………
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A judge will allow an Ohio village 10 years to refund an estimated $3.2 million collected from drivers for speeding citations from automated camera. New Miami’s automatic camera enforcement was ruled unconstitutional in 2014. Butler County Judge Michael Oster later ………
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A shuttle bus transporting contract workers from a Southeast Texas liquid natural gas plant overturned and rolled down a roadside embankment, killing one person and injuring 30 others. The crash happened Tuesday afternoon on the outskirts of Freeport, Texas, more ………
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Records show that before a barge-mounted crane slammed into a Louisiana bridge this month, operators for Marquette Transportation had more than 30 collisions and the company likely wasn’t fined. The Advocate reports Marquette vessels had smashed into, collided with or ………
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Panelists at a PCI policy briefing in Washington, D.C., discussed how to mitigate the flood coverage gap that leaves millions -More- ……
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Massachusetts Institute of Technology researchers conducted a survey in which 2.3 million people in 233 countries and territo -More- ……
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Willa has weakened to a tropical depression after causing flooding and leading to reports of more than 20 landslides in Jalis -More- ……
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Medical payments per claim with more than seven days of lost time in California decreased after the implementation of workers’ comp reform for claims with experience through March 2017, according to a recent study by the Workers Compensation Research Institute. ………
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Alliant Insurance Services Inc. has named Brendan Quinlan a senior vice president in its San Francisco, Calif., office. Quinlan was previously area senior vice president with Arthur J. Gallagher & Co. Quinlan is also founder and board member with RiskRadius, ………
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HMS Agency Inc. (HMS), a family-owned and operated insurance agency based in Albany, N.Y., has acquired Adirondack Family Insurance Services of Saratoga Springs, N.Y. The purchase agreement was finalized on July 1, 2018, and represents the fifth acquisition by HMS ………
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Rogers & Gray Insurance, a South Dennis, Mass.-based insurance agency, has named Robert Bizak to the newly created position of chief partnership officer. In this role, Bizak will be responsible for building upon Rogers & Gray’s acquisitive and/or partnership growth. ………
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The number of U.S. drug overdose deaths has begun to level off after years of relentless increases driven by the opioid epidemic, health secretary Alex Azar said Tuesday, cautioning it’s too soon to declare victory. “We are so far from ………
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Super Typhoon Yutu battered the Pacific Ocean’s Northern Mariana Islands with 178 mile (286 kilometers) per hour winds, making it the strongest storm to hit the U.S. territory since 1950. The storm’s eye crossed directly over the island of Tinian, ………
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The European Union might grant temporary permission for clearing houses in Britain to continue serving EU customers if there is a no-deal Brexit next March, an EU document seen by Reuters showed. LCH, a unit of the London Stock Exchange ………
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Low risk, but low readiness. That’s the assessment for Long Beach, Calif., a city that’s close to my heart. For those who love numbers, the city has a risk score of 49.48, and a readiness score of 47.01. Not entirely ………
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Authorities in Florida say Hurricane Michael has killed at least 29 people in the state, bringing the overall death toll to 39. Florida Emergency Management Division spokesman Alberto Moscoso says the state toll stood at 29 on Monday afternoon. Ten ………
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Chubb reported solid profit, increases in net premiums written and a healthy property/casualty combined ratio in its 2018 third quarter. The insurer booked $1.2 billion in net income during Q3 versus a $70 million net loss over the same period ………
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It’s one of the biggest bets going in the world of cars. Since May, General Motors Co. and its Cruise self-driving car unit have landed $5 billion in investment commitments from Japan’s SoftBank Group Corp. and Honda Motor Co. Ltd. ………
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Thousands of Puerto Ricans have been forced to drain their savings, close their businesses, or resign themselves to living with structural damage as they fight insurance companies over millions of dollars’ worth of claims that have gone unanswered or unpaid ………
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The North Carolina Rate Bureau’s 17.2 percent rate decrease filing for workers’ compensation insurance has been approved by North Carolina Insurance Commissioner Mike Causey, according to a statement from the North Carolina Department Insurance. “This rate decrease should serve as…
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An annual population survey in the Florida Keys shows how many people left the island chain after Hurricane Irma last year. The Bureau of Economic and Business Research at the University of Florida found that every Keys city and the ………
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Nearly 900,000 people in Texas’ capital may have to boil their tap water for two weeks, an official said Tuesday, as authorities struggled to treat a water supply filled with silt, mud and debris after recent heavy rains and flooding. ………
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The North Dakota Oil and Gas Division says a pipeline leak caused 4,050 barrels of brine to spill at a saltwater disposal well south of Williston. The division said Monday Oasis Petroleum North America recovered the majority of the brine, ………
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Minnesota officials say more than 300 people have died in traffic crashes so far this year. The Minnesota Department of Public Safety said Monday the 302 deaths were 17 more than the 285 reported at this time last year. In ………
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A fire engulfed five floors of a San Francisco high-rise but authorities say nobody was hurt and the blaze was quickly doused. The Fire Department says the blaze hit the 25-story building in the Financial District Monday afternoon. Firefighter helped ………
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Drivers in the US are on their phones for an average of 17% of their time behind the wheel, according to data from TrueMotion -More- ……
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Insurance companies reviewed by Demotech appear capable of absorbing losses from Hurricane Michael, the financial analysis fi -More- ……
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This year’s Atlantic and Pacific hurricane seasons have combined to set a record of 432 units of “accumulated cyclone energy, -More- ……
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Testing of autonomous vehicles is underway on roads in the US, and “self-driving vehicles will become an everyday reality,” w -More- ……
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NJM Insurance Group (NJM), a property and casualty insurer in the Mid-Atlantic region of the U.S., has hired Jeneen M. Callahan to lead the expansion of its Teen Driver Safety Program into Pennsylvania. In her role, Callahan will lead the ………
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A fast-moving blaze ripped through the business district of a New Jersey town, destroying multiple businesses and causing the partial collapse of at least four buildings, according to officials. Daniel DeGroot, director of public safety for Dover, N.J., said the ………
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Fidelis Insurance Holdings Ltd. announced it has established a regulated re/insurer in Ireland, called Fidelis Insurance Ireland DAC (FIID), to take advantage of opportunities in the European Economic Area (EEA) after Brexit. On Oct. 22, 2018 the Central Bank of ………
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A U.S. federal appeals court on Tuesday reinstated a lawsuit by a group of former child slaves accusing the U.S. unit of Nestle SA, the world’s largest food maker, and Cargill Co of perpetuating child slavery at Ivory Coast cocoa ………
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Concirrus, the London-based insurtech company specializing in marine analytics, announced it has formed a multi-year agreement with insurance broker Marsh. The agreement will see the two companies working together to drive the use of behavioral data in the global marine ………
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French insurer April SA has drawn takeover interest from private equity firms including CVC Capital Partners, KKR & Co. and BC Partners as it weighs a sale amid a wave of industry consolidation, according to people familiar with the matter. ………
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Australia’s life insurers will be required to publish customer dispute numbers every six months, top financial regulators said on Wednesday, as a misconduct inquiry threatens other reforms that could hurt industry profitability. For the first time, customers will be able ………
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Generali has entered into an agreement with the German Group Union Asset Management Holding AG to acquire a 100 percent stake in the Polish asset management company Union Investment TFI S.A. Financial details of the acquisition were not revealed. The ………
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The insurance-linked securities (ILS) market is here to stay, said a new survey from Willis Towers Watson. End investors, ILS funds, and buyers – the three groups active in ILS – have predominantly weathered 2017 loss activity and accept that ………
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Autonomous vehicle manufacturers need a better yardstick to show that their products are safe, said Derek Kan, under secretary for policy at the U.S. Department of Transportation. The metrics that are most widely used by self-driving car developers — miles ………
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Arthur J. Gallagher & Co. has acquired Issaquah, Wash.-based Richter International Consulting LLC. Terms of the deal were not disclosed. Founder Dave Richter and his associates will continue to operate from their current location under the direction of Leslie Lemenager, ………
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A U.S. District Court has entered judgment against a New Orleans-based towing company for failing to respond to a lawsuit filed by the Equal Employment Opportunity Commission (EEOC) for breaching an EEOC mediation agreement of a pregnancy discrimination charge. According ………
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The National Safety Council on Monday made Houston the sixth stop on a nationwide tour of its exhibit, Prescribed to Death: A Memorial to the Victims of the Opioid Crisis, by unveiling the display inside the George R. Brown Convention ………
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A food distributor with warehouses in Cleveland, Ohio, and Detroit, Michigan, will pay $3.6 million to settle a class sex discrimination lawsuit filed by the filed by the U.S. Equal Employment Opportunity Commission (EEOC). The EEOC alleged that Sherwood Food ………
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A Grant County, Wash. vegetable-packing house will pay $525,000 to settle a lawsuit alleging a supervisor groped, propositioned and retaliated against female workers. The Seattle Times reports State Attorney General Bob Ferguson says the settlement announced with Quincy-based Horning Brothers ……
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Maya Angelou, writer and civil rights activist……
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A Willis Towers Watson survey found that insurers want to offer better “customer-centricity” and that about three-fourths see -More- ……
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The PCI Executive Roundtable Seminar offers speakers, panelists, presentations and roundtables that will help you and your co -More- ……
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A Transdev North America pilot project had involved the transportation of children via an autonomous vehicle school bus in Fl -More- ……
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Hurricane Willa is expected to make landfall at Category 4 strength, likely making it one of the most powerful storms to hit  -More- ……
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Workers’ compensation insurance rates will decrease for the second year in a row in Delaware, effective December 1, 2018. “I am delighted to approve yet another decrease in workers’ compensation rates in Delaware and even happier to see a double-digit ………
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The superintendent of a new captive insurance company charged with distributing millions of dollars to Connecticut homeowners with crumbling foundations is warning he doesn’t have nearly enough money to address the problem. Michael Maglaras said he hopes to secure funding ………
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Businesses and homeowners in Lancaster, York and surrounding Pennsylvania counties affected by flooding in August will be eligible for low-interest federal loans. Pennsylvania Governor Tom Wolf said Friday those areas have been approved for disaster relief to repair damage caused ………
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U.S. hog farmers are ramping up safety procedures and leaving animal-feed ingredients imported from China in storage in an attempt to keep out a highly contagious swine disease that is sweeping through Asia and Europe. U.S. government officials said in ………
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The National Highway Traffic Safety Administration on Monday said it had ordered Transdev North America to immediately stop transporting school children in Florida in a driverless shuttle, as the testing could be putting them at “inappropriate” risk. Transdev’s use of ………
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Californians accounted for 11.9 percent of all jobs covered by workers’ compensation in the U.S. in 2016, 13.9 percent of covered payroll and 19.6 percent of all cash and medical benefits paid for work injuries and illnesses, according to the ………
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Robertson Ryan & Associates Inc. has added First Dependable Insurance in Las Vegas, Nev. with the addition of Tom and Vicky Raasch. Tom and Vicky Raasch own First Dependable Insurance. Tom Raasch focuses on commercial insurance programs for business, but ………
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Bayer AG failed to persuade a California state judge to set aside a jury’s verdict in the first trial over allegations that its Roundup weed killer causes cancer, but the judge said damages should be slashed to $78.6 million from ………
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Data analytics firm Verisk is touting the launch of WaterLine, an underwriting tool that scores flood risk for all properties in the contiguous United States, helping identify homes and businesses vulnerable to flood. The product scores properties on a 0-to-100 ………
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An Oregon woman is suing Bank of America, claiming a Hillsboro branch transferred $13,000 from her account to scammers. The Oregonian/OregonLive reported Rebekah Adams filed the lawsuit last week, claiming a teller failed to inform her that the money she ………
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The Georgia Department of Insurance has estimated insured property losses from Hurricane Michael will reach $250 million, according to a statement Georgia Insurance Commissioner Ralph Hudgens. In figures released Oct. 18, GADOI said more than 35,000 property-related claims were expected. ………
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Trees brought down by Hurricane Michael’s ferocious winds took a heavy toll on life, property and the timber industry in the heavily forested Florida Panhandle, where $1.3 billion in timber was lost, authorities said Friday. Florida Agriculture Commissioner Adam Putnam ………
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Land O’Lakes Inc. and Gravie will expand their Farmer Health Insurance Plan in 2019 in Minnesota. When a law was passed in Minnesota last year allowing agricultural co-op members to band together to purchase group health benefits, Land O’Lakes partnered ………
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Authorities say a Minnesota frozen food and packing company is recalling more than 212,000 pounds of ready-to-eat pork and chicken products that contain vegetables that might be contaminated with salmonella and listeria. The Agriculture Department said in a release issued ………
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Early Monday morning, Austin Water issued a boil water notice for all of its customers due to elevated levels of silt from last week’s flooding. The water system is “the most recent infrastructure to struggle to keep up with” the ………
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Wheelchair users attending Seattle Mariners baseball games at Safeco Field get a “second-class” experience, a nonprofit disability-rights law firm says, and has filed a discrimination lawsuit. The Seattle Times reported that Washington Civil and Disability Advocate filed the lawsuit earl…
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A Portland, Ore. cremation worker who says she was sexually harassed and fired after reporting she sustained a back injury when a heavy corpse fell on her has filed a lawsuit seeking $900,000. The Oregonian/OregonLive reported that the sex discrimination ………
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Richard Feynman, theoretical physicist……
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According to multiple sources, Facebook is in talks to acquire a cybersecurity firm to help protect the data of its users, wh -More- ……
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The Pennsylvania General Assembly has approved a bill intended to let employers again use impairment rating evaluations, whic -More- ……
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Hurricane Willa in the Pacific Ocean has strengthened to Category 4 with top sustained winds of 155 mph, and forecasters say  -More- ……
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A beachfront house built to withstand 250-mph winds was the only building on a block in Mexico Beach, Fla., that was undamage -More- ……
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Brown & Brown Inc. has agreed to acquire the assets of the Hays Companies insurance operations. Headquartered in Minneapolis, Hays Companies is comprised of more than 700 risk management and employee benefits professionals in 32 locations across 21 states. The ………
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Federal officials are investigating a Vermont roofing and construction company whose employee died in a fall at a job site in New Hampshire. The Brattleboro Reformer reports the Occupational Safety and Health Administration opened an investigation into Jancewicz & Son ………
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Like many diligent public servants, Georgia state Representative Ed Setzler enjoys crowing about a nice, tidy highway project. In a Sept. 8 Facebook video, the Republican appeared to be doing just that from behind the wheel of a car. This ………
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The London Market Group (LMG) announced that a contract has been signed with Sequel to deliver a faster and more efficient solution for approving and registering coverholders, and a new integrated tool for generating delegated authority binder contracts. This is ………
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Billionaire Richard Li’s FWD Group is nearing an agreement to buy control of Commonwealth Bank of Australia’s Indonesian life insurance arm, people familiar with the matter said, in a deal that would boost the tycoon’s presence in one of the ………
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Surgeons at an Ohio hospital have developed a treatment protocol that they say sends people home after operations without any opioids to manage their pain, leading to shorter hospital stays. “Over 75 percent of our elective colorectal patients underwent surgery ………
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West Virginia Gov. Jim Justice says there will be no change in state funding for the state employees’ public insurance plan next year in a letter to the agency’s director. The Charleston Gazette-Mail reports Justice said in the letter that ………
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Microsoft Corp. has helped develop a way to protect corporate buyers of clean power from electricity prices that go up and down with the weather. The company is using a risk-management tool called a volume-firming agreement for almost 500 megawatts ………
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The engineer who sued Google after he was fired for blasting the company with allegations of anti-conservative bias won’t get his day in court after all. James Damore’s claims against the Alphabet Inc. unit will be heard behind closed doors ………
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Swiss Re AG has held discussions with Chinese authorities about an investment in embattled insurer Anbang Insurance Group Co., people with knowledge of the matter said. Swiss Re is among parties that have been approached as China seeks to find ………
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More than a week after Hurricane Michael slammed into the Florida Panhandle, authorities are reporting three more deaths from the Category 4 storm as residents returning to their homes try to piece together their lives from the rubble left by ………
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Flood specialist JBA Risk Management has rolled out its high-resolution flood maps and associated pricing data for the continental United States starting with the State of Florida. These new maps are designed to enable (re)insurers and others with an interest ………
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Nikolaus von Bomhard, who retired as CEO of Munich Re in April 2017, is likely to return to the German reinsurer as chairman of the supervisory board. This week, Munich Re’s nomination committee recommended to the full supervisory board that ………
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Utah State Forester Brian Cottam says the state’s wildfire season appears to be over and that it is adding up to be Utah’s most expensive ever. KSL-TV reported that Cottam told the Utah Executive Appropriations Committee that firefighting costs this ………
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Everest Re Group Ltd. and Argo Group International Holdings Ltd. announced their preliminary pre-tax catastrophe loss estimates for the third quarter, ended Sept. 30, 2018. Bermuda-based Everest Re’s estimated catastrophe loss was $240 million, net of reinsurance. The estimate includes ……
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Washington state has agreed to pay a $28 million settlement to woman who was left quadriplegic in wreck on Interstate 5 in DuPont. The News Tribune reported 20-year-old Skylar Seward filed a lawsuit against the state Department of Transportation after ………
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Marcus Buckingham, business consultant and author……
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Certain homes with low-cost reinforcements including window shutters, metal connectors and strategically placed nails remaine -More- ……
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Yale University is facing a second lawsuit for a decade-old data breach that exposed the information of 100,000 former studen -More- ……
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The first half of 2018 brought as much as $18 billion in insured losses, according to Swiss Re estimates, while the second ha -More- ……
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