Insurance news

• Sandy Flood Insurers Ordered to Disclose Drafts of Engineering Reports

  09-12-2014 23:26
  
  A Travelers Cos. unit and other flood insurers accused by Hurricane Sandy victims in New York of using falsified engineering reports must turn over the drafts to policyholders, a three-judge panel ruled amid allegations that manipulation may have been widespread. …
  The article Sandy Flood Insurers Ordered to Disclose Drafts of Engineering Reports appeared first on Insurance Journal.
  
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• Northwest Insurance Services in Pennsylvania Joins The Iroquois Group

  09-12-2014 23:14
  
  Erie, Pennsylvania-based Northwest Insurance Services, a division of Northwest Savings Bank, has joined agency network The Iroquois Group, according to Douglas Bert, president of Northwest Insurance Services. Northwest Savings Bank operates 163 community banking locations in Pennsylvania, New York, Ohio …
  The article Northwest Insurance Services in Pennsylvania Joins The Iroquois Group appeared first on Insurance Journal.
  
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• California law pressures companies that use contracted workers: Marsh

  09-12-2014 22:27
  A new California law that increases the liability for companies that use temporary or contract workers could result in additional underwriting scrutiny from insurers, according to a report by Marsh L.L.C.
  
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• Gruber, Tavenner apologize for Obamacare miscues

  09-12-2014 22:19
  “Inexcusable” was the word of the day on Capitol Hill.
  
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• House to Vote on Terrorism Insurance Wednesday But Senate Uncertain

  09-12-2014 21:54
  
  House leaders released a proposed six-year extension of a federal program to insure property against the risk of terrorism, including a Republican proposal to revise a bank regulatory law. The measure will be brought to the the House floor tomorrow, …
  The article House to Vote on Terrorism Insurance Wednesday But Senate Uncertain appeared first on Insurance Journal.
  
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• House Releases Terrorism Insurance Bill But Senate Uncertain

  09-12-2014 21:54
  
  House leaders released a proposed six-year extension of a federal program to insure property against the risk of terrorism, including a Republican proposal to revise a bank regulatory law. The measure will be brought to the the House floor tomorrow, …
  The article House Releases Terrorism Insurance Bill But Senate Uncertain appeared first on Insurance Journal.
  
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• Pioneer Special Risk begins underwriting at Lloyd's of London

  09-12-2014 20:28
  New York-based Pioneer Special Risk, a unit of Pioneer Underwriting Ltd., on Tuesday announced it has obtained Lloyd’s of London coverholder status and has started underwriting management and professional liability lines.
  
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• House may vote soon on its terrorism insurance backstop bill

  09-12-2014 20:17
  
  The House of Representatives could soon vote on its own measure to extend the federal government's terrorism insurance backstop before the lame-duck session ends later this week.
  
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• Diversity in hiring can encourage diverse ideas in workplace

  09-12-2014 20:15
  NEW YORK — A sound business case can be made for inclusion and diversity within business organizations, and several insurance industry leaders offered suggestions on how to implement and leverage workplace diversity.
  
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• Senior executives need to promote diversity in insurance industry: Duperreault

  09-12-2014 19:58
  
  NEW YORK — Despite recent, modest indications of progress, insurance industry veteran Brian Duperreault says much work remains to be done in promoting diversity within the industry, particularly among its senior ranks.
  
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• Deadline is Dec. 15 to have Obamacare health insurance coverage on Jan. 1 ... - cleveland.com

  09-12-2014 18:52 via cleveland.com
  
  cleveland.com
  Deadline is Dec. 15 to have Obamacare health insurance coverage on Jan. 1 ...
  cleveland.com
  CLEVELAND, Ohio – If you don't have health insurance and you've put off deciding whether to shop for coverage under the Affordable Care Act, keep Dec. 15 in mind. That date – next Monday – is the deadline for when you have to sign up for a health plan ...
  Should I Choose A High Or Low Deductible Health Insurance Plan?Forbes
  Job health insurance costs outpace wage growthCNBC
  Ba
  
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• Unlicensed Uber Drivers Ticketed by Plainclothes Officers in Missouri Town

  09-12-2014 18:41
  
  Plainclothes Columbia, Mo., police officers have started issuing tickets to drivers with Internet ridesharing company Uber. City staff and Uber had been negotiating regulations that would have licensed rideshare drivers after an application process that included a background check, proof …
  The article Unlicensed Uber Drivers Ticketed by Plainclothes Officers in Missouri Town appeared first on Insurance Journal.
  
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• Sheriff: Woman Critically Insured in Iowa Warehouse

  09-12-2014 18:37
  
  Iowa authorities say a worker at a beef jerky distribution facility has been critically injured after a pallet fell on her head. The Pottawattamie County Sheriff’s Office tells KETV-TV the woman was hospitalized in Council Bluffs. The accident was reported …
  The article Sheriff: Woman Critically Insured in Iowa Warehouse appeared first on Insurance Journal.
  
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• Sheriff: Woman Critically Injured in Iowa Warehouse

  09-12-2014 18:37
  
  Iowa authorities say a worker at a beef jerky distribution facility has been critically injured after a pallet fell on her head. The Pottawattamie County Sheriff’s Office tells KETV-TV the woman was hospitalized in Council Bluffs. The accident was reported …
  The article Sheriff: Woman Critically Injured in Iowa Warehouse appeared first on Insurance Journal.
  
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• Rewards Offered for Information in Missouri Protest Arsons

  09-12-2014 18:35
  
  The federal Bureau of Alcohol, Tobacco, Firearms and Explosives is offering rewards up to $10,000 for information leading to arrests in the intentional fires set after the grand jury announcement in the Ferguson, Mo., police shooting. The ATF announced the …
  The article Rewards Offered for Information in Missouri Protest Arsons appeared first on Insurance Journal.
  
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• Rebuild Joplin Wraps Up Work After 180 Homes Built

  09-12-2014 18:32
  
  A building effort that began in response to the devastating May 2011 tornado in Joplin, Mo., has ended after a volunteer organization built and dedicated its 180th home. Rebuild Joplin co-founder Jerrod Hogan said the project gave residents hope after …
  The article Rebuild Joplin Wraps Up Work After 180 Homes Built appeared first on Insurance Journal.
  
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• Could TRIA denial threaten the Super Bowl?

  09-12-2014 18:31
  There's a chance the Super Bowl might not be played -- because of insurance.
  
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• INSURICA Acquired Oklahoma, California Agencies in Q3 2014

  09-12-2014 18:27
  
  Oklahoma City-based INSURICA Insurance Management Network announced it acquired an agency in Oklahoma and one in California during the third quarter of 2014. In Oklahoma, INSURICA added James & Associates, located in Tulsa. James & Associates has been in business for …
  The article INSURICA Acquired Oklahoma, California Agencies in Q3 2014 appeared first on Insurance Journal.
  
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• OFF BEAT: Restaurant’s mistletoe drone apparently accepts tips

  09-12-2014 18:22
  Love is in the air this holiday season. At least, it was before it spun out of control and clipped a photographer’s nose.
  
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• Terrorism insurance talks break down - Politico

  09-12-2014 17:47 via politico.com
  
  Politico
  Terrorism insurance talks break down
  Politico
  Talks to resolve an impasse over the Terrorism Risk Insurance Act have broken down as House Financial Services Chairman Jeb Hensarling (R-Texas) insists on changes to Dodd-Frank, a 2010 banking regulatory law. New York Sen. Chuck Schumer, the ...
  
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• FMCSA proposes increased insurance limits for trucking companies

  09-12-2014 17:31
  The current $750,000 level of insurance is inadequate to cover the cost of many crashes.
  
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• Florida Approves Another Round of Citizens Takeouts

  09-12-2014 17:29
  
  The Florida Office of Insurance Regulation (OIR) has approved the removal of up to 132,441 personal residential policies and 500 commercial residential polices from Citizens Property Insurance Corp. as part of the state’s ongoing effort to move Citizens’ policies to …
  The article Florida Approves Another Round of Citizens Takeouts appeared first on Insurance Journal.
  
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• Workers Inhaled Uranium at Wyoming Mine, NRC Says

  09-12-2014 17:27
  
  Six workers at a Wyoming uranium mine inhaled the radioactive element while cleaning up a spill inside a processing building just days before the mine delivered its first shipment last year, according to the Nuclear Regulatory Commission. The workers’ urine …
  The article Workers Inhaled Uranium at Wyoming Mine, NRC Says appeared first on Insurance Journal.
  
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• Dental gap: Coverage slips through reform's cracks

  09-12-2014 17:25
  Dental care is a peculiar niche of the U.S. healthcare system. Even though teeth and gums are just as much part of the human body as kidneys or elbows, they are insured differently — a lot differently.
  
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• Supreme Court Nixes Amazon Workers’ Bid for Pay For Security Frisks

  09-12-2014 17:15
  
  Workers don’t have a federal right to be paid for time spent in post-shift security searches, the U.S. Supreme Court ruled in a decision that will help Amazon.com Inc. fend off lawsuits seeking more than $100 million. The justices unanimously …
  The article Supreme Court Nixes Amazon Workers’ Bid for Pay For Security Frisks appeared first on Insurance Journal.
  
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• Berkshire says next CEO's pay will be a board issue

  09-12-2014 17:10
  Berkshire Hathaway’s board will have a bigger responsibility weighing compensation for its next CEO after Warren Buffett is no longer leading the company, said director Susan Decker.
  
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• Uber Driver Who Stuck and Killed Girl in San Francisco Crosswalk Charged

  09-12-2014 17:05
  
  A driver for Uber Technologies Inc. whose car struck and killed a six-year-old girl crossing a San Francisco street last New Year’s eve was charged with misdemeanor vehicular manslaughter, a spokesman for the city’s district attorney said. The arrest of …
  The article Uber Driver Who Stuck and Killed Girl in San Francisco Crosswalk Charged appeared first on Insurance Journal.
  
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• Uber Driver Who Struck and Killed Girl in San Francisco Crosswalk Charged

  09-12-2014 17:05
  
  A driver for Uber Technologies Inc. whose car struck and killed a six-year-old girl crossing a San Francisco street last New Year’s eve was charged with misdemeanor vehicular manslaughter, a spokesman for the city’s district attorney said. The arrest of …
  The article Uber Driver Who Struck and Killed Girl in San Francisco Crosswalk Charged appeared first on Insurance Journal.
  
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• Who's Using What: December 9, 2014

  09-12-2014 16:58
  News from Marsh, Accenture, Texas Mutual Insurance Co., Guidewire and more
  
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• Commercial Insurance Hits Pricing Lull in Q3: Towers Watson

  09-12-2014 16:56
  
  Commercial insurance prices grew on average about three percent in the 2014 third quarter compared to the previous year. That matched last quarter’s uptick and halted more than a year of consecutively falling quarterly price hikes, Towers Watson reported in its …
  The article Commercial Insurance Hits Pricing Lull in Q3: Towers Watson appeared first on Insurance Journal.
  
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• Pioneer Special Risk Commences Underwriting via New York Office

  09-12-2014 16:56
  
  Pioneer Underwriters, a London-based underwriting group within Minova Insurance Holdings Ltd., announced that its New York based-division Pioneer Special Risk (PSR) has commenced underwriting. PSR was launched in October 2014 and is led by Gary Dubois, division president. PSR has …
  The article Pioneer Special Risk Commences Underwriting via New York Office appeared first on Insurance Journal.
  
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• How is Oscar, the hipster health insurance company, performing? - Fortune

  09-12-2014 16:49 via fortune.com
  
  MobiHealthNews
  How is Oscar, the hipster health insurance company, performing?
  Fortune
  It's mid-December, which means Oscar, a Web-savvy health insurance startup backed by $150 million in venture capital, is back in business. Health insurance can only be sold during “open enrollment” periods. Oscar, which launched last July, has been ...
  An Insurance Company Will Pay You to Use Your Fitness TrackerGizmodo
  This Insurance Company Pays People to Stay FitWired
  Insurance startup Oscar p
  
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• FSLA and employment practices liability issues

  09-12-2014 16:42
  The combination of the complexity of the FLSA and the sometimes unsettled law leads many employers to violate the FLSA without even realizing it.
  
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• Supreme Court rules no worker pay for security screenings

  09-12-2014 16:41
  (Reuters) — The U.S.
  
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• Companies Should Assume Cyber Attackers Are Already Inside: McAfee

  09-12-2014 16:31
  
  Companies seeking to shield valuable data from criminals and government spying should assume the attackers have already penetrated their systems and adjust defensive strategies, security firms McAfee and Symantec Corp. said. “You must assume something is going on and you …
  The article Companies Should Assume Cyber Attackers Are Already Inside: McAfee appeared first on Insurance Journal.
  
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• In Florida, 3 Dead After Vehicle Strikes, Kills Black Bear

  09-12-2014 16:26
  
  After a woman’s vehicle struck and killed a black bear on a road in the Florida Everglades, three others from another vehicle who tried to help the woman were then killed by a third vehicle. Several others were reported injured …
  The article In Florida, 3 Dead After Vehicle Strikes, Kills Black Bear appeared first on Insurance Journal.
  
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• HHS offers legal immunity to Ebola vaccine makers

  09-12-2014 16:20
  (Reuters) — The U.S. Department of Health and Human Services on Tuesday offered liability protections to drugmakers rushing to develop Ebola vaccines and urged other countries to follow suit.
  
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• FBI official says 'no attribution' to N. Korea in Sony hack probe

  09-12-2014 16:11
  (Reuters) — A senior FBI official Tuesday said the agency has not confirmed widely held suspicions that North Korea is behind the unprecedented cyber attack on Sony Pictures Entertainment's Hollywood studio.
  
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• Breach insurance: Not just for the big guys - USA TODAY

  09-12-2014 16:08 via usatoday.com
  
  USA TODAY
  Breach insurance: Not just for the big guys
  USA TODAY
  SAN FRANCISCO — A ruling last week by a federal judge that Target is on the hook for financial losses sustained by banks when it was hacked earlier this year is making companies of all sizes look at breach insurance with a new eye. Cyberbreach ...
  
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• 2014's 12 best insurance pros under 40

  09-12-2014 15:56
  Millennials are expected to fill as much as many as 200,000 positions in the insurance field by 202. Read advice from these standout young producers and risk managers about hiring Gen Y, their needs in the workplace and what interests them.
  
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• U.S. Cyber Crime Unit to Focus on Prevention

  09-12-2014 15:51
  
  The U.S. Justice Department is creating a unit within the criminal division to advise on electronic surveillance in cyber investigations and work with the private sector to prevent online crime, an official said recently. The new unit, housed within the …
  The article U.S. Cyber Crime Unit to Focus on Prevention appeared first on Insurance Journal.
  
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• Benson Joins JLT Re as Senior VP for Southeast

  09-12-2014 15:47
  
  JLT Re (North America) has appointed Judy Benson as senior vice president. She will be part of the Southeast region led by David Johnson and JJ Johnson. JLT Re said she will focus on account management and new business development. …
  The article Benson Joins JLT Re as Senior VP for Southeast appeared first on Insurance Journal.
  
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• Involve risk managers early with international corporate acquisitions

  09-12-2014 15:47
  SINGAPORE — Problems can arise when there is a delay in bringing risk managers into discussions about international acquisitions, said a speaker Tuesday at the Pan-Asia Risk & Insurance Management Association’s Asian Risk Management...
  
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• Around the Industry: December 9, 2014

  09-12-2014 15:43
  News from the American Insurance Association, Atlas, Day Pitney, Aspen Insurance and more
  
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• Congress Weighs Adding Terrorism Insurance to Spending Plan

  09-12-2014 15:37
  
  Congressional negotiators plan today to release a bipartisan U.S. government spending proposal, just days before current funding ends, after resolving disputes over Republican policy proposals. The House and Senate intend to vote on the legislation this week before leaving Washington …
  The article Congress Weighs Adding Terrorism Insurance to Spending Plan appeared first on Insurance Journal.
  
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• University of Virginia Fraternities to Be Reinstated Jan. 9

  09-12-2014 15:36
  
  The University of Virginia will lift a ban on its more than 30 fraternities and related activities, in place since Nov. 22, on Jan. 9, President Teresa A. Sullivan said. The reinstatement will be in conjunction with a new agreement …
  The article University of Virginia Fraternities to Be Reinstated Jan. 9 appeared first on Insurance Journal.
  
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• Airmic product aims for finalized insurance policies before renewal dates

  09-12-2014 15:35
  The U.K. risk management association, Airmic Ltd., Tuesday issued an interactive toolkit intended to help insurance buyers to obtain written, finalized policies in advance of their renewal date.
  
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• High Cost Hinders Progress of Carbon Capture As Climate-Change Fix

  09-12-2014 15:15
  
  Scientists know only two credible ways to prevent temperatures from rising to dangerous levels: stop burning fossil fuels or capture and bury the carbon dioxide byproduct before it gets into the atmosphere. The second idea, known in the trade as …
  The article High Cost Hinders Progress of Carbon Capture As Climate-Change Fix appeared first on Insurance Journal.
  
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• Expense Saps Progress of Carbon Capture As Climate-Change Fix

  09-12-2014 15:15
  
  Scientists know only two credible ways to prevent temperatures from rising to dangerous levels: stop burning fossil fuels or capture and bury the carbon dioxide byproduct before it gets into the atmosphere. The second idea, known in the trade as …
  The article Expense Saps Progress of Carbon Capture As Climate-Change Fix appeared first on Insurance Journal.
  
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• Expense Limits Progress of Carbon Capture As Climate-Change Fix

  09-12-2014 15:15
  
  Scientists know only two credible ways to prevent temperatures from rising to dangerous levels: stop burning fossil fuels or capture and bury the carbon dioxide byproduct before it gets into the atmosphere. The second idea, known in the trade as …
  The article Expense Limits Progress of Carbon Capture As Climate-Change Fix appeared first on Insurance Journal.
  
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