Insurance news

• Insurance Agent Sentenced For Mail Fraud - WOWT

  13-02-2015 23:03 via wowt.com
  
  WOWT
  Insurance Agent Sentenced For Mail Fraud
  WOWT
  A former insurance agent who collected premiums and kept them for himself was sentenced in federal court on Friday. Fifty-year-old Gerald Bryce of Raymond, NE will serve 18 months behind bars, followed by 3 years of supervised release. Bryce plead ...
  
  and more »
  
  Read more

• Sunday Is Deadline To Purchase Health Insurance To Avoid Tax Penalty - Patch.com

  13-02-2015 22:11 via patch.com
  
  New Hampshire Public Radio
  Sunday Is Deadline To Purchase Health Insurance To Avoid Tax Penalty
  Patch.com
  Taxpayers expect to get health care advice from their doctors and mothers. They may not expect health insurance advice from tax advisors. That is the new reality under the Affordable Care Act (ACA) which made health care a tax issue. Qualifying ...
  Last Call For Health Insurance Before Tax Penalty HitsNew Hampshire Public Radio
  
  all 32 news articles »
  
  Read more

• Religious groups must comply with contraception mandate, court rules

  13-02-2015 21:45
  
  Religious colleges and charities are not totally exempt from the health care reform law’s provision requiring employers to provide cost-free coverage for contraceptives and other preventive health services, a federal appeals court has ruled.
  
  Read more

• Court: BP has no coverage for oil spill under Transocean insurance

  13-02-2015 21:39
  It all came down to a missing comma.
  
  Read more

• Advertisement

• Pay-per-mile is here: Metromile introduces usage-based auto insurance for Uber drivers

  13-02-2015 21:26
  Usage-based insurance and what the future of telematics means for insurers.
  
  Read more

• Obama asks Silicon Valley to cooperate more against cyber attacks

  13-02-2015 21:09
  
  (Reuters) — President Barack Obama asked tech industry executives on Friday for closer cooperation in defending against hackers after high-profile attacks against companies such as Sony Corp. that exposed weaknesses in America's cyber defenses.
  
  Read more

• Allstate cleared of EEOC retaliation charges

  13-02-2015 20:57
  
  An appeals court has reaffirmed dismissal of retaliation charges against Allstate Insurance Co. by the U.S. Equal Employment Opportunity Commission in connection with conversion of its agent workforce to independent contractors.
  
  Read more

• California Consumer Group Seeks Enforcement Action Against Geico

  13-02-2015 20:28
  
  The Consumer Federation of California is alleging that Geico Insurance Co. illegally quotes higher minimum automobile coverage levels than permitted under state law to unmarried, lower or moderate-income motorists The allegations were made in a petition filed Thursday with the …
  The article California Consumer Group Seeks Enforcement Action Against Geico appeared first on Insurance Journal.
  
  Read more

• Advertisement

• Insurer Hit With $4.5M Class Action Bad Faith Verdict in Nevada

  13-02-2015 20:26
  
  Everest Indemnity Insurance Co. was hit with a $4.5 million verdict after a Nevada state court jury on Thursday said the insurer acted in bad faith by refusing to cover a construction company’s defense costs in a class action stemming …
  The article Insurer Hit With $4.5M Class Action Bad Faith Verdict in Nevada appeared first on Insurance Journal.
  
  Read more

• Hospital fined for paying women housekeepers less than men

  13-02-2015 20:20
  
  Lahey Clinic Hospital Inc. will pay $190,000 to settle charges that it paid 38 female housekeepers in its Burlington, Massachusetts, medical center 70 cents less per hour than their male counterparts, said the U.S.
  
  Read more

• Buying Insurance Is Like Online Dating? Or Loving a Local Agent? - Insurance Journal

  13-02-2015 20:03 via insurancejournal.com
  
  Buying Insurance Is Like Online Dating? Or Loving a Local Agent?
  Insurance Journal
  Buying insurance has been compared to having a root canal and betting with pirates. It's been called confusing and boring. More than a few have said they'd rather listen to nails on a chalkboard than sit through an insurance pitch. But the image of ...
  
  and more »
  
  Read more

• Worker's claim of blindness from fracking chemicals rejected

  13-02-2015 19:53
  
  An appeals court in Pennsylvania has denied the appeal of a man denied workers compensations benefits after he claimed to be blinded from exposure to chemicals used on a hydraulic fracturing site.
  
  Read more

• Health Insurance Enrollment: Beating the Deadline - New York Times

  13-02-2015 19:25 via nytimes.com
  azcentral.com
  Health Insurance Enrollment: Beating the Deadline
  New York Times
  There's still time to get health insurance this year under the Affordable Care Act. But you'll have to be quick. The deadline for coverage in 2015 is midnight Sunday. Those who miss the cutoff won't be able to enroll in a plan this year and will have ...
  Enrollment deadline Sunday for health-insurance sign-upazcentral.com
  Health insurance deadline extended in New YorkAlbany Times Union
  Covered California
  
  Read more

• A tale of 2 studies on the effects of drugs and alcohol on driving

  13-02-2015 19:08
  Studies look at risk of impairment from alcohol, marijuana and other drugs.
  
  Read more

• AIG turnaround still a work in progress

  13-02-2015 19:06
  
  Despite a sharp fall in profit in the fourth quarter of 2014, American International Group Inc. is making progress in improving its business, but the insurer has a ways to go before the years' long turnaround is complete, according to analysts.
  
  Read more

• You're next: Hackers looking to breach insurance carriers

  13-02-2015 19:04
  All of that data is attractive to cyber thieves. N.Y. Department of Financial Services analyzes 43 insurance firms and their cyber security measures
  
  Read more

• Maine Business Faces $100K Federal Fines for Alleged Safety Violations

  13-02-2015 18:59
  
  An Auburn, Maine, company that makes automotive fabric products is facing more than $100,000 in federal fines for allegedly putting its employees in harm’s way. The Occupational Safety and Health Administration on Tuesday cited Formed Fiber Technologies Inc. for seven …
  The article Maine Business Faces $100K Federal Fines for Alleged Safety Violations appeared first on Insurance Journal.
  
  Read more

• AssuredPartners Hires AJG’s Gardner as Regional President in Penn.

  13-02-2015 18:56
  
  AssuredPartners Inc. has hired Matthew Gardner as regional president. He is based in Fort Washington, Pennsylvania, and will report to AssuredPartners President and COO Tom Riley. In this new role, Gardner will build and integrate the existing operating platforms within …
  The article AssuredPartners Hires AJG’s Gardner as Regional President in Penn. appeared first on Insurance Journal.
  
  Read more

• Buying Insurance Is Like Online Dating? Or Loving a Local Agent?

  13-02-2015 18:55
  
  Buying insurance has been compared to having a root canal and betting with pirates. It’s been called confusing and boring.  More than a few have said they’d rather listen to nails on a chalkboard than sit through an insurance pitch. …
  The article Buying Insurance Is Like Online Dating? Or Loving a Local Agent? appeared first on Insurance Journal.
  
  Read more

• Buying Insurance Is Like Online Dating? Or Love a Local Agent?

  13-02-2015 18:55
  
  Buying insurance has been compared to having a root canal and betting with pirates. It’s been called confusing and boring.  More than a few have said they’d rather listen to nails on a chalkboard than sit through an insurance pitch. …
  The article Buying Insurance Is Like Online Dating? Or Love a Local Agent? appeared first on Insurance Journal.
  
  Read more

• Malware infects millions of mobile devices through apps

  13-02-2015 18:55
  
  An estimated 16 million mobile devices are infected by malware, with infections continuing to accelerate, a security firm reports, with apps that implant spyware a particular problem.
  
  Read more

• Court denies BP's $750 million Transocean claim

  13-02-2015 18:55
  Oil giant BP was dealt a defeat Friday in its ongoing recovery case associated with the 2010 Deepwater Horizon oil spill.
  
  Read more

• Arkansas Bill Would Jeopardize Local Gay Anti-Discrimination Laws

  13-02-2015 18:49
  
  An Arkansas municipality’s effort to protect its gay, lesbian, bisexual and transgender residents from discrimination would be nullified under a bill presented by the town’s state representative. The House Local Affairs Committee voted 12-6 in favor of the measure, which …
  The article Arkansas Bill Would Jeopardize Local Gay Anti-Discrimination Laws appeared first on Insurance Journal.
  
  Read more

• Opinion: Florida Sending Mixed Messages About Uber Insurance Requirements

  13-02-2015 18:46
  
  Last month, California regulators said all “peer-to-peer” taxi drivers (i.e. Uber & Lyft) were required to have “commercial” plates, stating “customers have inquired about this process and received inconsistent information.” A few days later the DMV said they were reevaluating …
  The article Opinion: Florida Sending Mixed Messages About Uber Insurance Requirements appeared first on Insurance Journal.
  
  Read more

• Minnesota Lawmakers Expected to Debate Rideshare Insurance Gap

  13-02-2015 18:44
  
  Minnesota lawmakers could decide whether to regulate the ride-hailing industry this year. House and Senate legislators say they plan to introduce bills soon to toughen insurance regulations for companies like Uber and Lyft. That would add Minnesota to the growing …
  The article Minnesota Lawmakers Expected to Debate Rideshare Insurance Gap appeared first on Insurance Journal.
  
  Read more

• Lyft Joins Uber in Getting Final OK for Pennsylvania Service

  13-02-2015 18:40
  
  Pennsylvania’s regulators say they’re satisfied with the plan by the ridesharing service Lyft to comply with conditions for a two-year license for experimental service to operate everywhere in the state except Philadelphia. The Pennsylvania Public Utility Commission said Thursday that …
  The article Lyft Joins Uber in Getting Final OK for Pennsylvania Service appeared first on Insurance Journal.
  
  Read more

• Minnesota Supreme Court Upholds Breath Test Refusal Law

  13-02-2015 18:39
  
  The Minnesota Supreme Court has upheld a state law making it illegal for suspected drunken drivers to refuse a breath test. The high court rejected a man’s claim that the law violated due process by preventing him from refusing an …
  The article Minnesota Supreme Court Upholds Breath Test Refusal Law appeared first on Insurance Journal.
  
  Read more

• Coverys Launches Excess & Surplus Lines Company

  13-02-2015 18:32
  
  Coverys, a Boston-based provider of medical professional liability insurance and related services, announced the creation of Coverys Specialty Insurance Company, a new excess and surplus lines underwriting company. The New Jersey-domiciled Coverys Specialty’s offering will round out Coverys’ suite of …
  The article Coverys Launches Excess & Surplus Lines Company appeared first on Insurance Journal.
  
  Read more

• Palomar Specialty, Wellington to Launch Wind Insurance Product in Texas

  13-02-2015 18:31
  
  Palomar Specialty Insurance Co., based in La Jolla, Calif., has partnered with Fort Worth-based Wellington Risk Insurance Agency Inc. (Wellington), to offer wind-exposed residential property insurance in Tier II counties in Texas. This represents Palomar Specialty’s first expansion product category …
  The article Palomar Specialty, Wellington to Launch Wind Insurance Product in Texas appeared first on Insurance Journal.
  
  Read more

• Outlook Revised to Stable for Illinois Casualty Co.

  13-02-2015 18:25
  
  A.M. Best has revised the outlook to stable from negative for the financial strength rating (FSR) and issuer credit rating (ICR) of Illinois Casualty Co. (Illinois Casualty) in Rock Island, Ill., while affirming the FSR of B++ (Good) and the ICR of …
  The article Outlook Revised to Stable for Illinois Casualty Co. appeared first on Insurance Journal.
  
  Read more

• Ancillary services: A key to cutting costs?

  13-02-2015 18:14
  Ancillary networks are becoming key components of cost containment solutions.
  
  Read more

• Insurers Brace for Claims as More Snow Expected to Hit Storm-Weary Boston

  13-02-2015 18:09
  
  Since the first winter storm hit Boston at the end of January, the city has removed over 10,000 truckloads of snow after a record six feet of snowfall in the last 30 days — breaking the previous record of 58.5 …
  The article Insurers Brace for Claims as More Snow Expected to Hit Storm-Weary Boston appeared first on Insurance Journal.
  
  Read more

• Specialty Insurance Group, Reel Media Partner on Entertainment Segment Offerings

  13-02-2015 18:06
  
  Specialty Insurance Group (SIG) and Reel Media, LLC have formed a strategic alliance within the entertainment industry to service the specialty entertainment insurance market segments. The agreement combines the underwriting capabilities of both SIG and Reel Media with the established …
  The article Specialty Insurance Group, Reel Media Partner on Entertainment Segment Offerings appeared first on Insurance Journal.
  
  Read more

• Essary Named Exec. Director of Surplus Lines Stamping Office of Texas

  13-02-2015 17:57
  
  Norma Carabajal Essary has been appointed as executive director of the Surplus Lines Stamping Office of Texas (SLSOT), effective March 1, 2015. She succeeds Philip R. Ballinger, who retired Jan. 2, 2015 after 22 years of distinguished service. For the …
  The article Essary Named Exec. Director of Surplus Lines Stamping Office of Texas appeared first on Insurance Journal.
  
  Read more

• Texting-While-Driving Bill Moves Forward in Oklahoma

  13-02-2015 17:55
  
  A measure aimed at curbing the dangerous trend of texting while driving easily passed out of an Oklahoma House committee, the bill’s author reports. House Bill 1965, by state Rep. Terry O’Donnell, strengthens language aimed at preventing texting while driving, …
  The article Texting-While-Driving Bill Moves Forward in Oklahoma appeared first on Insurance Journal.
  
  Read more

• Atlas General Launches New Inland Marine Program

  13-02-2015 17:49
  
  Atlas General Insurance Services, LLC, a national multi-line program manager, has added a new inland marine program to its Commercial Division product offerings. The program will provide builders’ risk coverage for frame projects up to $5 million and up to …
  The article Atlas General Launches New Inland Marine Program appeared first on Insurance Journal.
  
  Read more

• Lloyd’s syndicates must pay $9.6 million of environmental cleanup costs

  13-02-2015 17:39
  
  A New Mexico state court jury rendered a verdict awarding $9.6 million to United Nuclear Corp., a former uranium miner, which was seeking coverage for remediation and other costs from Lloyd’s of London underwriting syndicates.
  
  Read more

• Chuck Yeager Cleared By Court to Sue Utah Gun Safe Company

  13-02-2015 17:34
  
  A federal appeals court says record-setting test pilot Chuck Yeager can sue a Utah gun safe company that named a line of safes after him. The 10th U.S. Circuit Court of Appeals in Denver ruled Tuesday that the 91-year-old can …
  The article Chuck Yeager Cleared By Court to Sue Utah Gun Safe Company appeared first on Insurance Journal.
  
  Read more

• Nearly $15M Awarded by Colorado Jury in Racial Discrimination Case

  13-02-2015 17:30
  
  A federal jury has awarded nearly $15 million to 11 Denver, Colo.-area warehouse workers who accused a trucking company of segregating workers by race, calling black people “stupid Africans” and punishing those who complained. Attorney Lynn Feiger, who was among …
  The article Nearly $15M Awarded by Colorado Jury in Racial Discrimination Case appeared first on Insurance Journal.
  
  Read more

• Obama heads to Silicon Valley to discuss hacking threats with CEOs

  13-02-2015 17:20
  
  (Reuters) — President Barack Obama will meet with chief executive officers on Friday at a summit in Silicon Valley held by the White House that aims to build support for beefing up cyber security laws in the wake of massive hacks at Target Corp.
  
  Read more

• No rush health in insurance sign-ups - Toledo Blade

  13-02-2015 17:15 via toledoblade.com
  
  Toledo Blade
  No rush health in insurance sign-ups
  Toledo Blade
  Anthony Mann re-enrolls for Medicaid with Health Care navigator Andrea Vasquez at Mercy St. Vincent Hospital in Toledo. THE BLADE/LORI KING Enlarge | Buy This Photo. The enrollment period for the Affordable Care Act health insurance marketplace is ...
  As insurance deadline nears, no rush in sign-upsInsurance News Net
  
  all 2 news articles »
  
  Read more

• AIG profit falls 67% on debt repayment, reserve costs

  13-02-2015 17:11
  American International Group Inc., the largest commercial insurer in the U.S. and Canada, said profit declined 67 percent on costs to pay down debt and add to reserves.
  
  Read more

• JLT sells stake in Paris insurance brokerage

  13-02-2015 17:06
  Jardine Lloyd Thompson Group P.L.C. has agreed to sell its 26.2% stake in Milestone, the holding company of Paris-based brokerage Siaci St. Honoré, to Paris-based private investment company Ardian.
  
  Read more

• Global Climate Deal Blueprint Emerges From UN Gathering in Geneva

  13-02-2015 17:00
  
  Envoys from more than 190 countries have come up with a blueprint for a global climate deal that would limit greenhouse gases in all nations for the first time. The ambition of the energy and environment ministers convened by the …
  The article Global Climate Deal Blueprint Emerges From UN Gathering in Geneva appeared first on Insurance Journal.
  
  Read more

• To catch a thief: Inside 5 of the largest jewel heists of all time

  13-02-2015 16:44
  In honor of Valentine's Day, PC360 takes a look at some of the world's most daring jewelry heists.
  
  Read more

• Time Is Nearly Up for Health Insurance Enrollment - New York Times

  13-02-2015 16:12 via nytimes.com
  Bankrate.com
  Time Is Nearly Up for Health Insurance Enrollment
  New York Times
  There's still time to get health insurance this year under the Affordable Care Act. But you'll have to be quick. The deadline for coverage in 2015 is midnight Sunday. Those who miss the cutoff won't be able to enroll in a plan this year and will have ...
  Enrollment deadline looms for health insuranceWashington Times
  Covered California makes final push for insurance sign-ups before Feb. 15 ...LA Daily News
  
  Read more

• Anorexia: Potentially Deadly, Treatable And Still Not Always Covered By Insurance - WBUR

  13-02-2015 16:09 via commonhealth.wbur.org
  
  WBUR
  Anorexia: Potentially Deadly, Treatable And Still Not Always Covered By Insurance
  WBUR
  The latest cool stuff out of some of the nation's best labs; news on medical research and what it may mean for patients. RELATED TOPICS. medical marijuana · Ebola · Ebola outbreak · partners in health · psychiatry. LATEST POSTS. Addiction Expert ...
  
  Read more

• Important Tips for Claiming Auto Insurance Benefits - Insurance News Net

  13-02-2015 16:07 via insurancenewsnet.com
  Important Tips for Claiming Auto Insurance Benefits
  Insurance News Net
  Lowcostcarinsuranceprice.com has released a new blog post explaining that it is important to take pictures after an accident in order to claim auto insurance benefits. Taking pictures after an accident is important for claiming auto insurance benefits ...
  Compare Auto Insurance Quotes In An Efficient WayIT Business Net
  
  all 26 news articles »
  
  Read more

• Duncan Seeks End to "Cadillac" Farm Insurance Subsidies - Insurance News Net

  13-02-2015 14:53 via insurancenewsnet.com
  Duncan Seeks End to "Cadillac" Farm Insurance Subsidies
  Insurance News Net
  WASHINGTON - Congressman John J. Duncan , Jr. (R-Tenn.) introduced bipartisan legislation Thursday to eliminate a little-known "Cadillac" crop insurance subsidy that costs taxpayers billions of dollars each year and is used mostly by large corporate ...
  Senators introduce bill to cut crop insuranceAG Week
  
  all 3 news articles »
  
  Read more

• Obama Executive Order to Encourage Cybersecurity Information Sharing

  13-02-2015 14:47
  
  President Barack Obama is set to announce a new cybersecurity executive order on Friday designed to encourage companies to share information about cyber threats, White House cybersecurity coordinator Michael Daniel told reporters. The executive action will kick off a process …
  The article Obama Executive Order to Encourage Cybersecurity Information Sharing appeared first on Insurance Journal.
  
  Read more

Follow @Insurance_Newsl on Twitter!