Insurance news

• POINT OF VIEW: Misunderstanding imbued title insurance story - Palm Beach Post

  02-01-2015 23:53 via palmbeachpost.com
  
  POINT OF VIEW: Misunderstanding imbued title insurance story
  Palm Beach Post
  I read Sunday's “Advocates: Title insurers near windfall as consumers stiffed” regarding “windfall profits” for title insurers. The story was filled with a general misunderstanding of the title-insurance industry for which I have worked for 30 years ...
  
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• Insurance companies pleased with Healthplanfinder payment change - Puget Sound Business Journal (Seattle) (blog)

  02-01-2015 23:04 via bizjournals.com
  
  Insurance companies pleased with Healthplanfinder payment change
  Puget Sound Business Journal (Seattle) (blog)
  Removing premium aggregation will also carry less risk for insurance companies than keeping it on the website, according to a report presented to the exchange board in December. That analysis also showed that seven of the 11 insurance carriers would ...
  
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• 3 On Your Side: 4 Million Sign Up For Health Insurance, Penalty Rise In 2015 - CBS Local

  02-01-2015 21:50 via philadelphia.cbslocal.com
  
  SaintPetersBlog (blog)
  3 On Your Side: 4 Million Sign Up For Health Insurance, Penalty Rise In 2015
  CBS Local
  PHILADELPHIA (CBS) — More than 4 million people have signed up so far for health insurance as part of open enrollment under the Affordable Care Act for 2015. According to a report released today about half of those enrolling are returning customers, ...
  Still without health insurance? Interfaith Community Health Center in ...Bellingham Herald
  Florida Health Choices to launch Heal
  
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• Clark Insurance Promotes Payne to Business Development VP in Maine

  02-01-2015 21:25
  
  Clark Insurance, an employee-owned independent insurance agency with offices in Maine and New Hampshire, has promoted Tony Payne to vice president of business development. Payne has been serving as director of business development since joining Clark Insurance in 2011. He …
  The article Clark Insurance Promotes Payne to Business Development VP in Maine appeared first on Insurance Journal.
  
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• MassMutual, Hanover Among Top Donors to Mass. Gov.-Elect Baker’s Inaugural Comm.

  02-01-2015 21:17
  
  Massachusetts Gov.-elect Charlie Baker has collected more than $781,000 in donations from supporters to help pay for his inaugural celebrations. At least 16 companies and individuals have given $25,000, the self-imposed cap that Baker set for donations to his inaugural …
  The article MassMutual, Hanover Among Top Donors to Mass. Gov.-Elect Baker’s Inaugural Comm. appeared first on Insurance Journal.
  
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• MassMutual, Hanover Among Top Donors to Baker’s Inaugural Committee in Mass.

  02-01-2015 21:17
  
  Massachusetts Gov.-elect Charlie Baker has collected more than $781,000 in donations from supporters to help pay for his inaugural celebrations. At least 16 companies and individuals have given $25,000, the self-imposed cap that Baker set for donations to his inaugural …
  The article MassMutual, Hanover Among Top Donors to Baker’s Inaugural Committee in Mass. appeared first on Insurance Journal.
  
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• MassMutual, Hanover Among Top Donors to Baker’s Inaugural Committee

  02-01-2015 21:17
  
  Massachusetts Gov.-elect Charlie Baker has collected more than $781,000 in donations from supporters to help pay for his inaugural celebrations. At least 16 companies and individuals have given $25,000, the self-imposed cap that Baker set for donations to his inaugural …
  The article MassMutual, Hanover Among Top Donors to Baker’s Inaugural Committee appeared first on Insurance Journal.
  
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• Obamacare is finally hitting employers - CNNMoney

  02-01-2015 20:53 via money.cnn.com
  
  CNNMoney
  Obamacare is finally hitting employers
  CNNMoney
  Companies with more than 100 full-time workers must offer affordable health insurance to at least 70% of their staff. This "employer mandate" was supposed to take effect in 2014, but the Obama administration delayed it to this year.
  
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• New Jersey Traffic Deaths Spiked in 2014 After 2013 Record Low

  02-01-2015 18:59
  
  The number of pedestrians killed by cars in New Jersey spiked in 2014, throwing 2013′s record low figure into reverse. As of Wednesday morning, New Jersey State Police reported 563 people were killed in traffic accidents in 2014, 21 more …
  The article New Jersey Traffic Deaths Spiked in 2014 After 2013 Record Low appeared first on Insurance Journal.
  
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• 2014 New Jersey Traffic Deaths Spiked After Record Low in 2013

  02-01-2015 18:59
  
  The number of pedestrians killed by cars in New Jersey spiked in 2014, throwing 2013′s record low figure into reverse. As of Wednesday morning, New Jersey State Police reported 563 people were killed in traffic accidents in 2014, 21 more …
  The article 2014 New Jersey Traffic Deaths Spiked After Record Low in 2013 appeared first on Insurance Journal.
  
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• 2014 New Jersey Traffic Deaths Spiked After 2013 Record Low

  02-01-2015 18:59
  
  The number of pedestrians killed by cars in New Jersey spiked in 2014, throwing 2013′s record low figure into reverse. As of Wednesday morning, New Jersey State Police reported 563 people were killed in traffic accidents in 2014, 21 more …
  The article 2014 New Jersey Traffic Deaths Spiked After 2013 Record Low appeared first on Insurance Journal.
  
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• Drunk Driving Arrests Down 10% in North Dakota in 2014

  02-01-2015 18:44
  
  North Dakota authorities say drunken driving arrests in the state were down nearly 10 percent in 2014. Highway Patrol Sgt. Tom Iverson told KXMB-TV about 1,700 driving under the influence arrests were made statewide last year, about 200 fewer than …
  The article Drunk Driving Arrests Down 10% in North Dakota in 2014 appeared first on Insurance Journal.
  
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• Oklahoma Bill Targets Texting While Driving

  02-01-2015 18:40
  
  Oklahoma Sen. Ron Sharp has filed legislation banning the use of cell phones or other handheld devices to text, email or call while driving in his state. Senate Bill 67 would make it a misdemeanor to use a handheld device …
  The article Oklahoma Bill Targets Texting While Driving appeared first on Insurance Journal.
  
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• Initial Unemployment Claims Rise in Louisiana

  02-01-2015 18:33
  
  The state labor department says first-time claims for unemployment insurance in Louisiana for the week ending Dec. 20 increased to 2,531 from the previous week’s total of 2,506. For the comparable week a year earlier, there were 2,578 initial claims, …
  The article Initial Unemployment Claims Rise in Louisiana appeared first on Insurance Journal.
  
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• Raggio Joins Frost Insurance in Texas

  02-01-2015 18:31
  
  Elizabeth Raggio has been named compliance analyst at Texas-based Frost Insurance. Raggio will serve as a compliance consultant for the Employee Benefits practice statewide. A Texas-licensed attorney with experience in administrative law and health care law, Raggio will join the Frost …
  The article Raggio Joins Frost Insurance in Texas appeared first on Insurance Journal.
  
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• Delaware Regulator Schedules Workers’ Comp Rate Hearing

  02-01-2015 18:31
  
  Delaware Insurance Commissioner Karen Weldin Stewart announced that the state’s Department of Insurance has scheduled a public hearing for Jan. 12 and 13 to receive public comment on the proposed decrease in both the workers’ compensation voluntary market loss costs …
  The article Delaware Regulator Schedules Workers’ Comp Rate Hearing appeared first on Insurance Journal.
  
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• CNA Seeks to Limit Liability in Minnesota Priest Abuse Case

  02-01-2015 18:29
  
  An insurance company has asked a court to limit or eliminate its responsibility to cover some clergy sex abuse claims against the Archdiocese of St. Paul and Minneapolis. Last month, the archdiocese sued about 20 insurers in federal court to …
  The article CNA Seeks to Limit Liability in Minnesota Priest Abuse Case appeared first on Insurance Journal.
  
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• Crash Toll in Nebraska Likely to Hit 5-Year High

  02-01-2015 18:27
  
  Nebraska’s highway safety administrator says the number of people who died in Nebraska crashes in 2014 likely will be the highest number in five years. The Lincoln Journal Star reports that as of the morning of Dec. 31, 2014, 221 …
  The article Crash Toll in Nebraska Likely to Hit 5-Year High appeared first on Insurance Journal.
  
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• Unsafe Megabus Stopped, Taken Out of Service in Indiana

  02-01-2015 18:26
  
  A Megabus carrying 67 passengers was taken out of service on Dec. 31 after an Indiana trooper spotted it leaning to one side and an inspection found other problems, state police said. After an officer stopped the double-decker coach for …
  The article Unsafe Megabus Stopped, Taken Out of Service in Indiana appeared first on Insurance Journal.
  
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• Exxon Mobil Seeks to Bar Release of Files in Arkansas Pipeline Case

  02-01-2015 18:23
  
  Exxon Mobil said it shouldn’t have to release any further information on a proposed but abandoned pipeline intended to run alongside the Pegasus pipeline that ruptured in 2013 in central Arkansas. The company is facing a class-action lawsuit by landowners …
  The article Exxon Mobil Seeks to Bar Release of Files in Arkansas Pipeline Case appeared first on Insurance Journal.
  
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• More Uninsured Drivers Likely To Be Towed Under New Utah Law

  02-01-2015 17:40
  
  Uninsured drivers on Utah roadways can expect to have their cars impounded on the spot under a new law taking effect Thursday. Utah police have had the option to pull over an uninsured driver and impound their car since 2008, …
  The article More Uninsured Drivers Likely To Be Towed Under New Utah Law appeared first on Insurance Journal.
  
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• Idaho City Issues Cease and Desist Letter to Uber

  02-01-2015 17:38
  
  Boise, Idaho officials say Uber ignored its promise to not charge for driver services within city limits while negotiating an operating agreement for the rideshare company. The city sent Uber a cease and desist letter Wednesday morning – the same …
  The article Idaho City Issues Cease and Desist Letter to Uber appeared first on Insurance Journal.
  
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• Earthquake Strikes off Coast of Northern California

  02-01-2015 17:35
  
  The U.S. Geological Survey is reporting a 5.3 magnitude earthquake off the coast of northern California. The USGS says the quake was centered in the Pacific Ocean, about 70 miles west of Ferndale, California, and struck about 4:16 a.m. PST …
  The article Earthquake Strikes off Coast of Northern California appeared first on Insurance Journal.
  
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• West Newbury selectmen revisit decision on snowplowers' insurance - The Daily News of Newburyport

  02-01-2015 16:37 via newburyportnews.com
  
  West Newbury selectmen revisit decision on snowplowers' insurance
  The Daily News of Newburyport
  1, the town would adopt language in a management letter from a recent audit that required snowplowers to sign a contract and have insurance information on file with the town. The town must be named as “an additional insured” on the subcontractor's ...
  
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• Debate Heats Up Over Proposed Ridesharing Rules in Massachusetts

  02-01-2015 15:32
  
  Taxicab drivers and owners decried proposed Massachusetts regulations on popular transportation companies like Uber and Lyft, while rideshare drivers defended their jobs at a packed and heated public hearing Wednesday. Massachusetts Gov. Deval Patrick, who leaves office Jan. 8, wants …
  The article Debate Heats Up Over Proposed Ridesharing Rules in Massachusetts appeared first on Insurance Journal.
  
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• Debate Heats Up in Massachusetts Over Proposed Ridesharing Rules

  02-01-2015 15:32
  
  Taxicab drivers and owners decried proposed Massachusetts regulations on popular transportation companies like Uber and Lyft, while rideshare drivers defended their jobs at a packed and heated public hearing Wednesday. Massachusetts Gov. Deval Patrick, who leaves office Jan. 8, wants …
  The article Debate Heats Up in Massachusetts Over Proposed Ridesharing Rules appeared first on Insurance Journal.
  
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• Willis Re Renewals Report Sees Continued Industry ‘Reshaping’

  02-01-2015 14:49
  
  “Relentless rate reductions, low investment returns and the continued influx of alternative capital have offered no respite for reinsurers at the January 1, 2015 renewal season with a reshaping of the global reinsurance industry now starting in earnest,” according to …
  The article Willis Re Renewals Report Sees Continued Industry ‘Reshaping’ appeared first on Insurance Journal.
  
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• Digital destiny: What your agency needs to do right now to become more competitive

  02-01-2015 13:00
  If your agency isn't defining its marketing strategy and discussing upgrades to its digital management system, it's likely you’re behind the curve. Here's how to catch up.
  
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• France Sends Expert Search Team to Air Asia Jet Crash Scene

  02-01-2015 12:23
  
  France’s BEA crash investigation agency said a specialist black box search team and equipment arrived on Friday at the search area for the Indonesia AirAsia flight which crashed on Sunday en route from Indonesia to Singapore. The agency said a …
  The article France Sends Expert Search Team to Air Asia Jet Crash Scene appeared first on Insurance Journal.
  
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• Turkey: Insurance industry grows 6.4%

  02-01-2015 12:00
  The Turkish Insurance Association has said that the country's insurance sector has registered a 6.4% year-on-year growth during the January to November period, reported Worldbulletin.net.
  
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• Thailand: Fire damages Japanese-owned factory in Ayutthaya province

  02-01-2015 12:00
  Damage to an electronics factory in Thailand's Ayutthaya province from a fire has been pegged at over 10 million Thai baht ($304,000), the Bangkok Post reported.
  
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• Nigeria: Central bank's new rule drove insurance investments, analysts say

  02-01-2015 12:00
  Analysts have said that Central Bank of Nigeria's new banking rule has been a catalyst for attracting foreign direct investments into the country's insurance sector in 2014.
  
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• India: Cybercrime cases up over 40% annually during last two-three years

  02-01-2015 12:00
  An Indian home ministry official has said that cybercrime cases in India have been increasing by more than 40% annually during the last two-three years, reported The Times of India.
  
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• Flight boom in Southeast Asia skies puts pressure on air traffic control and pilots

  02-01-2015 12:00
  The high volume of flights in Southeast Asia skies is putting pressure on outdated air traffic control and on pilots, reports Reuters.
  
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• Competition at January reinsurance renewals pushing rates down: Willis Re

  02-01-2015 12:00
  Willis Re Inc. has said that competition for Jan.1, 2015 reinsurance renewals brought down catastrophe reinsurance rates by 10%, Artemis.bm reports.
  
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• China: Factory blast in Guangdong province kills 17

  02-01-2015 12:00
  A blast at a factory in China's Guangdong province has claimed 17 lives and injured 33 people, Xinhua reports.
  
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• Australia: Fast-moving bushfire threatens Ararat city

  02-01-2015 12:00
  An out-of-control bushfire near Ararat city in Australia's Victoria state is threatening residents and properties in the area, Brisbane Times reported.
  
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• AirAsia Search Hampered by Bad Weather; Black Box Locater Deployed

  02-01-2015 11:33
  
  Search teams looking for the crashed AirAsia Bhd. jetliner’s black box will deploy side-scan sonar and pinger locaters as inclement weather off Indonesia’s coast hinders efforts to recover bodies and the plane’s fuselage. The international team has set 1,575 square nautical miles …
  The article AirAsia Search Hampered by Bad Weather; Black Box Locater Deployed appeared first on Insurance Journal.
  
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• selectmen revisit decision on snowplowers' insurance - The Daily News of Newburyport

  02-01-2015 09:06 via newburyportnews.com
  
  selectmen revisit decision on snowplowers' insurance
  The Daily News of Newburyport
  1, the town would adopt language in a management letter from a recent audit that required snowplowers to sign a contract and have insurance information on file with the town. The town must be named as “an additional insured” on the subcontractor's ...
  
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• Revlon’s Ex-Science Chief Sues Co. Over Safety Issues, Anti-Jewish Bias

  02-01-2015 05:15
  
  A former Revlon Inc chief scientific officer has sued the cosmetics company, claiming he was fired after raising safety concerns that its chief executive did not want to hear and was discriminated against for being Jewish. In a lawsuit filed …
  The article Revlon’s Ex-Science Chief Sues Co. Over Safety Issues, Anti-Jewish Bias appeared first on Insurance Journal.
  
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• Former Chief Scientific Officer Sues Revlon Over Safety Issues, Anti-Jewish Bias

  02-01-2015 05:15
  
  A former Revlon Inc chief scientific officer has sued the cosmetics company, claiming he was fired after raising safety concerns that its chief executive did not want to hear and was discriminated against for being Jewish. In a lawsuit filed …
  The article Former Chief Scientific Officer Sues Revlon Over Safety Issues, Anti-Jewish Bias appeared first on Insurance Journal.
  
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• Mississippi Hoping for FEMA Aid for Tornado Victims

  02-01-2015 02:09
  
  Earlier this week, the Federal Emergency Management Agency and Small Business Administration joined Mississippi and local officials on a tour of the Columbia area, as well as Jones and Lamar counties that were hit by tornadoes and high winds on …
  The article Mississippi Hoping for FEMA Aid for Tornado Victims appeared first on Insurance Journal.
  
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• U.S. Drone Regulations Delayed

  02-01-2015 02:04
  
  The United States missed a year-end deadline for publishing new rules on remote-control aircraft, delaying an eagerly awaited step toward using drones in everything from farming to package delivery. Businesses have been clamoring for rules to allow commercial drone flights, …
  The article U.S. Drone Regulations Delayed appeared first on Insurance Journal.
  
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• Brown & Brown Sells Reinsurance Broker Axiom Re to Beach Re

  02-01-2015 02:01
  
  Brown & Brown Inc. sold certain assets of one of its subsidiaries, Axiom Re, to Beach Re Limited effective December 31, 2014. Axiom Re is a reinsurance brokerage operation based in North Carolina with approximate annual revenues of just under …
  The article Brown & Brown Sells Reinsurance Broker Axiom Re to Beach Re appeared first on Insurance Journal.
  
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• West Virginia Resident Sues DuPont Over Drinking Water

  02-01-2015 01:40
  
  A West Virginia man has filed suit against chemical company DuPont for contaminating his home’s drinking water. Fifty-two-year-old Scott Chapman of Letart sued DuPont in West Virginia federal court last Friday. Chapman alleges that the company discharged the chemical C8 …
  The article West Virginia Resident Sues DuPont Over Drinking Water appeared first on Insurance Journal.
  
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• Mississippi City’s Rescue Workers Welcome New Hydraulic Tools

  02-01-2015 01:40
  
  New hydraulic rescue tools will let crews extract people from smashed cars much faster, says Olive Branch Fire Capt. Dave Taylor. “They could probably do an extraction in half the time now,” he told The Memphis Commercial Appeal. Crews are …
  The article Mississippi City’s Rescue Workers Welcome New Hydraulic Tools appeared first on Insurance Journal.
  
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• Sony Case Among Growing Number of Cyber Ransoms: Benner

  02-01-2015 00:40
  
  Just three days before cyber-attackers crippled Sony Pictures, the hackers sent an e-mail to executives Michael Lynton and Amy Pascal that said they would do great damage to the company if they weren’t paid off. The note, discovered by Mashable, …
  The article Sony Case Among Growing Number of Cyber Ransoms: Benner appeared first on Insurance Journal.
  
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• Don't Have Health Insurance? Expect Penalties - TWC News

  02-01-2015 00:25 via albany.twcnews.com
  
  Don't Have Health Insurance? Expect Penalties
  TWC News
  "Many Americans out there are still uninsured and Phase 2 of that is now they're subject to tax penalties when they do their tax return this upcoming year for 2014," said Eric Ulatowski, senior account executive of CH Insurance Brokerage. Those who ...
  
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