Insurance news

• Lockton Promotes Manozzi to Executive VP in Boston

  26-01-2015 23:35
  
  Insurance broker Lockton has promoted Chip Manozzi to executive vice president and leader of its Boston office. Manozzi also will join the executive committee of Lockton’s Northeast operations. Lockton said Manozzi will lead both business development and recruiting efforts for …
  The article Lockton Promotes Manozzi to Executive VP in Boston appeared first on Insurance Journal.
  
  Read more

• Insurance Commissioner Redmer: Maryland needs more insurers - Baltimore Business Journal

  26-01-2015 23:15 via bizjournals.com
  
  Baltimore Business Journal
  Insurance Commissioner Redmer: Maryland needs more insurers
  Baltimore Business Journal
  In addition to drawing in new players to Maryland's insurance markets, Redmer wants to convince insurers who are already here to expand their footprint. Redmer said he plans to work with Department of Business and Economic Development Secretary R.
  
  and more »
  
  Read more

• Partnership strengthens cyber risk assessments

  26-01-2015 23:05
  Cyber risk assessment and data breach services company Network Standard Corp., which does business as NetDiligence, will offer SecurityScorecard Inc.
  
  Read more

• The 10 worst ZIP Codes if you're buying car insurance - Los Angeles Times

  26-01-2015 23:04 via latimes.com
  
  Los Angeles Times
  The 10 worst ZIP Codes if you're buying car insurance
  Los Angeles Times
  CarInsurance.com commissioned the survey of 33,410 ZIP Codes around the country, using insurance rates provided by Allstate, Farmers, Geico, Nationwide, Progressive and State Farm. They found the national average cost of insuring that Accord, with a ...
  Study finds Detroit has priciest car insurance​Fox News
  Top 10 priciest, cheapest cities for car insuranceUSA TODAY
  The priciest ZIP codes for c
  
  Read more

• Advertisement

• Altering insurance: Texas lawmakers take aim at hailstorm claim litigation - Dallas Business Journal

  26-01-2015 23:00 via bizjournals.com
  
  Dallas Business Journal
  Altering insurance: Texas lawmakers take aim at hailstorm claim litigation
  Dallas Business Journal
  Hailstorm claims rarely seem to rise to the level of Hurricane Ike, but the insurance industry is agitated nonetheless over the slew of claims that ended up in court after major storms in Amarillo and McAllen. A new trend involves taking hailstorm ...
  
  and more »
  
  Read more

• NY insider trading ruling tests prosecutors beyond Wall Street

  26-01-2015 22:10
  (Reuters) — A court ruling that sharply curtailed the ability of prosecutors including Manhattan U.S. Attorney Preet Bharara to pursue insider trading cases is increasingly testing regulators' abilities across the country.
  
  Read more

• Mesirow buys Denver insurance firm - Crain's Chicago Business

  26-01-2015 22:04 via chicagobusiness.com
  Mesirow buys Denver insurance firm
  Crain's Chicago Business
  Mesirow Financial is buying a small, Denver-based health insurance services firm that will help it expand that business line outside of its home base in Chicago. Mesirow, a financial company with insurance, asset management and trading operations, said ...
  
  Read more

• Old National Insurance to Add Louisville-Based Mutual Underwriters Insurance - Nasdaq

  26-01-2015 21:55 via nasdaq.com
  
  Old National Insurance to Add Louisville-Based Mutual Underwriters Insurance
  Nasdaq
  LOUISVILLE, Ky., Jan. 26, 2015 (GLOBE NEWSWIRE) -- Old National Insurance (ONI), a subsidiary of Evansville-based Old National Bancorp (Nasdaq:ONB), announces that Mutual Underwriters Insurance in Louisville, Kentucky and ONI have agreed to join ...
  
  and more »
  
  Read more

• Advertisement

• US Assure names senior vice president of insurance operations

  26-01-2015 21:50
  US Assure Inc., a construction and commercial insurance broker, has promoted Steve Bristow to its executive team as senior vice president of insurance operations.
  
  Read more

• Lawmakers ready for another look at moped insurance rules - WRAL.com

  26-01-2015 21:42 via wral.com
  
  WRAL.com
  Lawmakers ready for another look at moped insurance rules
  WRAL.com
  "We would like to see insurance on them," Rep. Phil Shepard, R-Onslow, said Monday, adding that he and Rep. Rayne Brown, R-Davidson, had been studying the issue since last summer. "We feel like we've got some very good information from hospitals that ...
  
  Read more

• Court says misleading manual provides FMLA coverage

  26-01-2015 21:42
  A Michigan county road commission employee was entitled to coverage under the federal Family Medical Leave Act, even though the commission was not obligated to provide the coverage, because of a misleading statement in its employee manual, says an...
  
  Read more

• Asia's Life Agents Sing to Sell Insurance - Wall Street Journal

  26-01-2015 21:38 via wsj.com
  
  Wall Street Journal
  Asia's Life Agents Sing to Sell Insurance
  Wall Street Journal
  In Indonesia, agents for Manulife Financial Corp. , one of Canada's biggest life-insurance firms, sing a tune that exhorts the team to “take a step with confidence, move your feet, evoke a new spirit, with Manulife,” to build a prosperous nation. The ...
  
  and more »
  
  Read more

• State challenges health care reform law's reinsurance fee

  26-01-2015 21:24
  The state of Ohio and several Ohio public entities, including universities, filed suit Monday in federal court challenging as unconstitutional a health care reform law-authorized program that requires employers to pay billions of dollars to the federal...
  
  Read more

• Blizzard set to bring New York, northeast to a standstill

  26-01-2015 21:03
  Wind-driven snow falling as fast as 4 inches per hour is poised to bring travel and commerce to a standstill from New York to Boston.
  
  Read more

• Sagging underwriting results sap property/casualty sector

  26-01-2015 20:53
  The U.S. property/casualty insurance sector had mixed results in the third quarter of 2014, according to data released by the Insurance Services Office Inc. and the Property Casualty Insurers Association of America on Monday.
  
  Read more

• National General acquires health insurance managing general agent for $15 million

  26-01-2015 20:45
  National General Holdings Corp. on Monday said it has acquired Lombard, Illinois-based health insurance managing general agent Healthcare Solutions Team Inc. for $15 million.
  
  Read more

• Insurance giant Zurich to use Indra technology in Brazil - Fox News Latino

  26-01-2015 20:23 via latino.foxnews.com
  
  Insurance giant Zurich to use Indra technology in Brazil
  Fox News Latino
  The IT product, whose use could expand to the rest of Zurich's operations in Latin America, will be incorporated into the management of 35 percent of client life insurance accounts in Brazil and is expected to handle 100 percent of accounts by the end ...
  
  Read more

• SAN Group Hires 2 Agency Development Field Specialists in N.H.

  26-01-2015 20:11
  
  Satellite Agency Network (SAN) Group Inc., an alliance of independent property/casualty insurance agencies in the Northeast, recently hired Lynn Marcou and David Collins as agency development field specialists for its member agency support team. Both are based in SAN’s Hampton, …
  The article SAN Group Hires 2 Agency Development Field Specialists in N.H. appeared first on Insurance Journal.
  
  Read more

• Baker extends insurance payment deadline to Friday - Boston Business Journal (blog)

  26-01-2015 20:06 via bizjournals.com
  
  Boston Business Journal (blog)
  Baker extends insurance payment deadline to Friday
  Boston Business Journal (blog)
  Massachusetts residents seeking health insurance by Feb. 1 are in luck, with Gov. Charlie Baker and the state's Health Connector extending the payment deadline to Friday. The deadline for enrollment was Jan. 23. However those who have chosen a plan but ...
  
  Read more

• Gov. Scott eyed Louisiana official as possible McCarty replacement - MiamiHerald.com (blog)

  26-01-2015 19:39 via miamiherald.typepad.com
  
  SaintPetersBlog (blog)
  Gov. Scott eyed Louisiana official as possible McCarty replacement
  MiamiHerald.com (blog)
  An online news service that covers the insurance industry reports that Gov. Rick Scott's office contacted a Louisiana insurance regulator as a potential replacement for Florida insurance regulator Kevin McCarty two weeks before Scott first publicly ...
  Rick Scott administration asked to interview new candidate for insurance ...SaintPetersBlog (blog)
  
  all 5 news articles &raq
  
  Read more

• Brownyard Group Promotes 2 in Beauty & Pest Control Programs in N.Y.

  26-01-2015 19:25
  
  Brownyard Group, a Bay Shore, New York-based program administrator providing specialized insurance coverage for select industry groups, announced two promotions in its beauty and pest control programs. Kathy Lopez was promoted to account manager for the Salon & Spa Specialty …
  The article Brownyard Group Promotes 2 in Beauty & Pest Control Programs in N.Y. appeared first on Insurance Journal.
  
  Read more

• The most advanced insurance technologies on the market, and who is using them today

  26-01-2015 19:16
  Novarica surveyed P&C insurers about current and planned deployments in areas of analytics, data, digital channels, modern applications and innovative business practices. Here's what they found.
  
  Read more

• The 50 most advanced insurance technologies on the market, and who is using them today

  26-01-2015 19:16
  Novarica surveyed P&C insurers about current and planned deployments in areas of analytics, data, digital channels, modern applications and innovative business practices. Here's what they found.
  
  Read more

• Insurance-premium cut may bring higher credit scores to FHA - MarketWatch

  26-01-2015 19:04 via marketwatch.com
  
  MarketWatch
  Insurance-premium cut may bring higher credit scores to FHA
  MarketWatch
  WASHINGTON (MarketWatch) — A federal agency's plan to lower the insurance payments homeowners have to pay is designed to help low-income borrowers. But it may paradoxically have the impact of attracting those with better credit scores.
  Don't Be Fooled by the New FHA Mortgage Insurance PremiumsMotley Fool
  
  all 19 news articles »
  
  Read more

• Authorities call foul on Ted Lilly’s RV insurance pitch

  26-01-2015 19:02
  Former Major League Baseball pitcher Ted Lilly has been accused of insurance fraud.
  
  Read more

• Conn. Lawmaker Seeks to Ban Homeowner Insurance Link to Dogs - Insurance Journal

  26-01-2015 18:57 via insurancejournal.com
  
  Conn. Lawmaker Seeks to Ban Homeowner Insurance Link to Dogs
  Insurance Journal
  Eric George, president of the Insurance Association of Connecticut, a trade group and lobbying organization for insurance companies, said insurers charge higher rates for certain dog breeds because the liability is greater. If such a law were enacted ...
  
  Read more

• Penn. Family Faces Charges in Alleged $20M Insurance Fraud Scheme

  26-01-2015 18:54
  
  A Pennsylvania family’s luxurious suburban lifestyle has been financed by more than $20 million in fraudulent insurance claims amid a series of mansion fires and repeated reports of jewelry theft, authorities said on Jan. 22. An investigation began after a …
  The article Penn. Family Faces Charges in Alleged $20M Insurance Fraud Scheme appeared first on Insurance Journal.
  
  Read more

• Starr Cos. Add Umbrella Product to Small Business Policies

  26-01-2015 18:51
  
  Starr Cos. has launched a new commercial insurance umbrella liability policy, designed specifically for small-sized businesses. This product marks the next phase in Starr’s growing suite of insurance options for small businesses. The commercial insurance umbrella policy complements the company’s …
  The article Starr Cos. Add Umbrella Product to Small Business Policies appeared first on Insurance Journal.
  
  Read more

• Brown, employee unions set to tangle over health insurance - Sacramento Bee

  26-01-2015 18:49 via sacbee.com
  
  Sacramento Bee
  Brown, employee unions set to tangle over health insurance
  Sacramento Bee
  A range of options are on the table, from cheaper insurance plans and smaller subsidies to extending how long new hires must work to qualify for retiree health benefits. If history is a guide, Brown will prevail, said Mike Genest, a Department of ...
  
  and more »
  
  Read more

• Conn. Lawmaker Seeks to Ban Homeowner Insurance Link to Dogs

  26-01-2015 18:48
  
  A Connecticut state lawmaker is introducing legislation that would bar insurance companies from inquiring about or discriminating against a “bully breed” dog when issuing a homeowners’ insurance policy in Connecticut. Republican Rep. Brenda Kupchick of Fairfield said constituents have difficulty …
  The article Conn. Lawmaker Seeks to Ban Homeowner Insurance Link to Dogs appeared first on Insurance Journal.
  
  Read more

• Got Nest? Some insurance companies reward smart-home device owners - Digital Trends

  26-01-2015 18:47 via digitaltrends.com
  
  Digital Trends
  Got Nest? Some insurance companies reward smart-home device owners
  Digital Trends
  First, State Farm customers could get discounts on connected home-monitoring equipment from those brands, including smoke detectors and thermostats, which in turn could lead to 10 to 15 percent reduction on their home or renter's insurance. Right now ...
  Got Nest? Insurance companies reward smart home adoptersITProPortal
  
  all 2 news articles »
  
  Read more

• Aetna Vs. Cigna Health Insurance - Investopedia

  26-01-2015 18:36 via investopedia.com
  
  Aetna Vs. Cigna Health Insurance
  Investopedia
  How much time should you devote to choosing a health insurance plan? A survey by Aflac found that some Americans (24%) spend only five minutes or less – and many (41%) spend 15 minutes or less – on this important decision. That may be because 90% ...
  
  and more »
  
  Read more

• Workers’ Comp Upheld for Maine Man Who Died on Treadmill

  26-01-2015 18:35
  
  Maine’s highest court has upheld workers’ compensation benefits for the widow of a Salvation Army worker who died from a heart attack while on a treadmill at home. The court on Jan. 22 unanimously rejected the Salvation Army’s appeal of …
  The article Workers’ Comp Upheld for Maine Man Who Died on Treadmill appeared first on Insurance Journal.
  
  Read more

• Salvation Army worker's treadmill death compensable

  26-01-2015 18:28
  The death of a telecommuter, who suffered a heart attack while walking on the treadmill during work hours, is compensable, and the man's widow should receive workers compensation benefits, the Maine Supreme Court has ruled.
  
  Read more

• U.S. top court rules for employer in retiree benefits fight

  26-01-2015 17:46
  (Reuters) — The U.S.
  
  Read more

• U.S. Supreme Court rules for employer in retiree benefits fight

  26-01-2015 17:46
  (Reuters) — The U.S. Supreme Court on Monday sided with a company that amended a collective bargaining agreement to force retirees to pay toward health care costs.
  
  Read more

• Redmer Insurance Group to be sold as its president takes over as state ... - Baltimore Business Journal

  26-01-2015 17:36 via bizjournals.com
  
  Baltimore Business Journal
  Redmer Insurance Group to be sold as its president takes over as state ...
  Baltimore Business Journal
  Newly appointed Maryland Insurance Commissioner Al Redmer Jr. is selling his Baltimore insurance firm as he takes over as that sector's top regulator. Redmer expects to finalize in the coming weeks a contract to sell Baltimore-based Redmer Insurance ...
  
  Read more

• A Way to Fix Long-Term Care Insurance? - Wall Street Journal (blog)

  26-01-2015 17:28 via blogs.wsj.com
  
  Wall Street Journal (blog)
  A Way to Fix Long-Term Care Insurance?
  Wall Street Journal (blog)
  The best way to make long-term-care insurance accessible—and affordable—for more people might be to change what has become gospel in the business: the use of short “elimination periods.” That's the thinking in a new article in Financial Planning ...
  How to make long-term care insurance more affordableMarketWatch
  Opinion: Who needs long-term care insurance?Insurance News Net
  
  all 11 news arti
  
  Read more

• Malaysia Airlines website targeted by hacker group 'Cyber Caliphate'

  26-01-2015 17:17
  (Reuters) — A group calling itself “Official Cyber Caliphate” said it hacked on Monday the official website of national carrier Malaysia Airlines, but the airline said its data servers remained intact and passenger bookings were not...
  
  Read more

• Traffic Fatalities Rose 16 Percent in Utah in 2014, Report Shows

  26-01-2015 17:09
  
  The Utah Department of Transportation says 256 people died on roadways across the state in 2014, up 16 percent from 2013. It was Utah’s highest death toll since 2008, and it reversed a trend that saw fatalities drop 41 percent …
  The article Traffic Fatalities Rose 16 Percent in Utah in 2014, Report Shows appeared first on Insurance Journal.
  
  Read more

• Montana Smelting Company Says Atlantic Richfield Concealed Pollution

  26-01-2015 17:06
  
  American Smelting and Refining Co. said in a Montana lawsuit filed earlier this month that Atlantic Richfield Co. concealed pollution-related documents during the sale of Atlantic Richfield’s zinc fuming plant to Asarco that led to legal problems with the Environmental …
  The article Montana Smelting Company Says Atlantic Richfield Concealed Pollution appeared first on Insurance Journal.
  
  Read more

• Washington Church, Law Firm Settle Legal Malpractice Claim

  26-01-2015 17:04
  
  The Catholic Diocese of Spokane has settled a malpractice case it filed against the law firm that handled its bankruptcy over priest sex abuse claims. The church and the Paine Hamblen law firm settled Friday, but the terms of the …
  The article Washington Church, Law Firm Settle Legal Malpractice Claim appeared first on Insurance Journal.
  
  Read more

• California Motor Vehicles Revokes Notice on Commercial Plates for Uber

  26-01-2015 17:01
  
  California has retracted a notice that said private drivers for ridesharing companies such as Uber Technologies Inc. and Lyft Inc. must have a commercial license plate or risk getting a citation. The California Department of Motor Vehicles released a notice …
  The article California Motor Vehicles Revokes Notice on Commercial Plates for Uber appeared first on Insurance Journal.
  
  Read more

• Dixie Leavitt Taps Wittwer in Utah

  26-01-2015 16:58
  
  Dustin Wittwer has joined Dixie Leavitt Agency’s Cedar City, Utah sales office specializing in commercial insurance. Wittwer has a background in sales and experience working as a department manager at Scheel’s Sporting Goods. Dixie Leavitt Agency is part of Leavitt …
  The article Dixie Leavitt Taps Wittwer in Utah appeared first on Insurance Journal.
  
  Read more

• Old Mutual Spends More Than Half of Africa War Chest on UAP Stake in Kenya

  26-01-2015 16:57
  
  Old Mutual plc, which earmarked 4.3 billion rand ($374 million) for acquisitions in Africa, increased its stake in Kenya’s UAP Holdings Ltd., meaning that the insurer has now spent more than half of that war chest. Old Mutual, which is …
  The article Old Mutual Spends More Than Half of Africa War Chest on UAP Stake in Kenya appeared first on Insurance Journal.
  
  Read more

• Construction accidents lead worker deaths

  26-01-2015 16:51
  Work-related fatalities in North Carolina increased markedly in 2014, data released last week by the North Carolina Department of Labor shows.
  
  Read more

• Here are 5 things every employer needs to know about the millennials in their workforce

  26-01-2015 16:20
  There are many myths and stereotypes surrounding the millennial generation, but here are the facts.
  
  Read more

• Driverless cars make quiet progress in Michigan

  26-01-2015 16:13
  The biggest problem facing driverless technology isn't a car maker's ability to install the computer and sensors that will propel a car down an interstate at 70 mph. Both Honda and Google have already done that.
  
  Read more

• Telematics-based Insurance Programs Can Improve Customer Retention and ... - Insurance Networking News

  26-01-2015 16:11 via insurancenetworking.com
  
  Telematics-based Insurance Programs Can Improve Customer Retention and ...
  Insurance Networking News
  More insurance providers are accepting telematics-based insurance underwriting to capture and analyze data from the customers' actual driving. For customers, these programs can help lower insurance rates and promote safe driving—two key factors in ...
  
  Read more

• Guy Carpenter named retrocession reinsurance broker for Flood Re

  26-01-2015 15:57
  Guy Carpenter & Co. L.L.C. has been named the retrocession reinsurance brokerage for Flood Re, the reinsurance fund intended to offer coverage to homes in the United Kingdom that are the most vulnerable to flooding.
  
  Read more

Follow @Insurance_Newsl on Twitter!