Insurance news

• Global Insurance Accelerator: CityMile - Business Record

  06-03-2015 23:27 via businessrecord.com
  Global Insurance Accelerator: CityMile
  Business Record
  CityMile seeks to use mobile technology solutions to bridge the gap between humans, their vehicles and their insurers, saving drivers money and improving safety. ABOUT THE BUSINESS: Jason and Georgia Sprenger were living and working in Rio de ...
  
  and more »
  
  Read more

• Grocer Jewel to pay $400,000 for allegedly breaking EEOC deal

  06-03-2015 23:06
  
  The Jewel-Osco supermarket chain has been ordered to pay $400,000 in attorney’s fees and costs for allegedly violating a consent decree obtained by the Equal Employment Opportunity Commission in connection with its leave policy, the agency said...
  
  Read more

• Insurance companies may ground pilot Harrison Ford after crash - Los Angeles Times

  06-03-2015 22:42 via latimes.com
  
  Los Angeles Times
  Insurance companies may ground pilot Harrison Ford after crash
  Los Angeles Times
  Insurance carriers that underwrite the entertainment industry may ground actor Harrison Ford from flying after his vintage airplane experienced engine trouble and crash-landed on a Venice golf course. Ford, who was hospitalized with moderately serious ...
  
  and more »
  
  Read more

• Florida Bill Would Create State Health Insurance Exchange - CBS Local

  06-03-2015 22:35 via miami.cbslocal.com
  
  CBS Local
  Florida Bill Would Create State Health Insurance Exchange
  CBS Local
  MIAMI (CBSMiami/AP) — A new bill, proposed in the Senate, would offer an alternative to Medicaid expansion and would use federal funding to insure nearly 1 million low-income Floridians. Thursday's proposal from Sen. Aaron Bean's Health Policy ...
  Florida bill would create state health insuranceWESH Orlando
  
  all 51 news articles »
  
  Read more

• Advertisement

• Winter Insurance in Texas - KFDX

  06-03-2015 22:27 via texomashomepage.com
  
  KFDX
  Winter Insurance in Texas
  KFDX
  Drivers in Texas are required by law to have some kind of insurance coverage, but one insurance agent says just because you have it, doesn't mean you have to use it. Recent winter weather caused a lot of problems on the roadways, and some that lead to ...
  
  and more »
  
  Read more

• Insurance underwriter pours cold water on New Orleans property auction - NOLA.com

  06-03-2015 22:20 via nola.com
  
  Insurance underwriter pours cold water on New Orleans property auction
  NOLA.com
  New Orleans is auctioning off more than 1,700 tax-adjudicated properties in a first-of-its-kind online sale. The properties will be listed on Civic Source starting Friday, March 6, at noon. Print · Robert McClendon, NOLA.com | The Times-Picayune By ...
  
  and more »
  
  Read more

• Ex-USC receiver Marqise Lee sues Lloyd's of London after insurance claim is ... - OCRegister

  06-03-2015 21:39 via ocregister.com
  OCRegister
  Ex-USC receiver Marqise Lee sues Lloyd's of London after insurance claim is ...
  OCRegister
  Former Trojans receiver Marqise Lee, who took out insurance as a projected first-round draft pick, instead went in the second round to the Jacksonville Jaguars. But the insurance company, Lloyd's of London, has denied his claim, prompting him to file suit.
  Former USC receiver Marqise Lee suing over insurance policyYahoo Sports (blog)
  Jacksonville Jaguars Marqise Lee -- Bum Knee Cost Me
  
  Read more

• Google Compare for Car Insurance Has Arrived - Insurance Journal

  06-03-2015 21:34 via insurancejournal.com
  
  Insurance Journal
  Google Compare for Car Insurance Has Arrived
  Insurance Journal
  Google Compare for car insurance was introduced on Thursday in California, “with more states to follow,” the tech giant said. “Google Compare for car insurance provides a seamless, intuitive experience for connecting with your customers online,” the ...
  Google Introduces Long-Anticipated Insurance Shopping SiteNew York Times (blog)
  Google Now Helps You Compare Auto InsurancePC Magazine
  Google Opens Ins
  
  Read more

• Advertisement

• Insurance Market Evolves for Drone Pilots Unwilling to Wait on Federal ... - Insurance Journal

  06-03-2015 21:25 via insurancejournal.com
  
  Insurance Market Evolves for Drone Pilots Unwilling to Wait on Federal ...
  Insurance Journal
  Thousands of drones flown without government approval by real estate companies, movie studios and other businesses are getting coverage by insurers writing their own safety rules to fill a void left by regulators. One insurance broker in Colorado has ...
  
  and more »
  
  Read more

• Oklahoma Insurance Commissioner issues bulletin to insurance companies on ... - PropertyCasualty360

  06-03-2015 21:18 via propertycasualty360.com
  PropertyCasualty360
  Oklahoma Insurance Commissioner issues bulletin to insurance companies on ...
  PropertyCasualty360
  Pieces of a chimney toppled and went through the roof after an earthquake in Sparks, Okla., Nov. 6, 2011. (AP Photo/Sue Ogrocki). Many people believe that the increase in the number of earthquakes in Oklahoma, among other states, over the last few ...
  New Measure To Protect Oklahomans With Earthquake Insurancenews9.com KWTV
  Insurance commissioner clarifies “man-made” earthqu
  
  Read more

• Winter weather took $1 billion toll in February

  06-03-2015 21:14
  
  Claims resulting from brutal winter weather in the U.S. coupled with typhoon and flood-related damage in Asia helped create global insured losses of over $1 billion in the month of February.
  
  Read more

• Insurance Market Evolves for Drone Pilots Unwilling to Wait on Federal Regulations

  06-03-2015 21:12
  
  Thousands of drones flown without government approval by real estate companies, movie studios and other businesses are getting coverage by insurers writing their own safety rules to fill a void left by regulators. One insurance broker in Colorado has already …
  The article Insurance Market Evolves for Drone Pilots Unwilling to Wait on Federal Regulations appeared first on Insurance Journal.
  
  Read more

• Oklahoma Insurance Commissioner issues bulletin to insurance companies on earthquake exclusions

  06-03-2015 20:44
  Bulletin addresses concerns about causes of earthquakes, including fracking, and pre-existing damage
  
  Read more

• Tax reforms could target benefits offered by employers

  06-03-2015 20:43
  
  NEW YORK — The tax treatment of employer-provided health benefits could be affected by future tax reform, according to a veteran Washington lobbyist.
  
  Read more

• Few states likely to set up health exchanges to save subsidies

  06-03-2015 20:34
  
  During oral arguments before the U.S. Supreme Court on Wednesday in King v.
  
  Read more

• Insurance's humble start - Dallas Morning News

  06-03-2015 20:33 via dallasnews.com
  
  Dallas Morning News
  Insurance's humble start
  Dallas Morning News
  It was the idea of education administrator Justin Ford Kimball, who created the company that would grow into BlueCross BlueShield of Texas. Kimball's model was based on the assumption that hospitals were nonprofit community institutions. The insurance ...
  
  Read more

• Captive manager Stern Risk Partners to focus on U.S. domiciles

  06-03-2015 20:18
  
  Two former Beecher Carlson Insurance Services L.L.C. managing directors have formed insurance brokerage and captive management firm Stern Risk Partners L.L.C.
  
  Read more

• Microsoft warns Windows PCs also vulnerable to 'Freak' attacks

  06-03-2015 20:12
  
  (Reuters) — Hundreds of millions of Windows PC users are vulnerable to attacks exploiting the recently uncovered “Freak” security vulnerability, which was initially believed to only threaten mobile devices and Mac computers, Microsoft...
  
  Read more

• Winter weather losses for Feb. 2015: Insurers face minimum $1B payout

  06-03-2015 20:01
  Five separate periods of heavy snow, frigid cold, freezing rain and ice impacted the U.S. during February, killing 72 people.
  
  Read more

• Is Usage-Based Auto Insurance The Gas Tax You've Been Waiting For? - Streetsblog Los Angeles (blog)

  06-03-2015 19:41 via la.streetsblog.org
  
  Is Usage-Based Auto Insurance The Gas Tax You've Been Waiting For?
  Streetsblog Los Angeles (blog)
  Why do people eat so much at buffets? Once they've paid to enter, there's no cost to eating as much as they can – aside from, well, feeling tired and sick. Owning a car is like buying a 24-hour pass to a Vegas buffet. Every single day. We drive so much ...
  
  Read more

• Woman who broke ankle on stairs at work stripped of comp benefits

  06-03-2015 19:19
  A Minnesota worker who fractured her ankle while descending a staircase isn't entitled to workers compensation benefits if her workplace didn't present an increased risk of injury, the state Supreme Court ruled.
  
  Read more

• Mandarin Oriental Hotel credit card systems hacked

  06-03-2015 19:04
  
  Luxury hotel chain Mandarin Oriental Hotel Group reported that its credit card systems have been hacked into at an “isolated number” of its hotels.
  
  Read more

• Texas-Based National Lloyds Sees Record Earnings in 2014

  06-03-2015 18:57
  
  National Lloyds Corp., a Waco-based insurance holding company, announced its best yearly earnings in the company’s history with $25.7 million of pre-tax income. Over the past several years, storm activity in Texas and Oklahoma had increased homeowners damage claims and …
  The article Texas-Based National Lloyds Sees Record Earnings in 2014 appeared first on Insurance Journal.
  
  Read more

• FDA: No Clearance for Maker of ‘Superbug’ Outbreak Device

  06-03-2015 18:53
  
  Federal health officials say that the manufacturer of a medical instrument at the center of a recent “superbug” outbreak in Los Angeles did not receive federal clearance to sell the device. The Food and Drug Administration has confirmed that Olympus …
  The article FDA: No Clearance for Maker of ‘Superbug’ Outbreak Device appeared first on Insurance Journal.
  
  Read more

• N.H. Issues Guidance on Permissible Forms of Producer Compensation

  06-03-2015 18:51
  
  The New Hampshire Insurance Department recently issued a bulletin on permissible forms of insurance producer compensation. “We had received inquiries from producers and wanted to provide helpful guidance for them,” a New Hampshire Insurance Department spokesperson said of the bulletin. …
  The article N.H. Issues Guidance on Permissible Forms of Producer Compensation appeared first on Insurance Journal.
  
  Read more

• Another Los Angeles Hospital Hit by ‘Superbug’ Infections

  06-03-2015 18:51
  
  A second Los Angeles hospital is reporting that patients have been infected with an antibiotic-resistant “superbug” linked to a type of widely used medical scope. The latest cases came at Cedars-Sinai Medical Center, where the four patients were infected with …
  The article Another Los Angeles Hospital Hit by ‘Superbug’ Infections appeared first on Insurance Journal.
  
  Read more

• Road Funding Bill Passed by Texas Senate

  06-03-2015 18:48
  
  The Texas Senate has approved the first bill of the legislative session, with speedy passage of a plan to shift billions of dollars generated by vehicle sales taxes to building and maintaining roads strained by the state’s booming population. The …
  The article Road Funding Bill Passed by Texas Senate appeared first on Insurance Journal.
  
  Read more

• Executives Examine D&O Claim Trends, Cyber Exposure

  06-03-2015 18:47
  
  A number of industry executives spoke with Insurance Journal recently to share their observations on the current directors and officers liability insurance claim trends. Executives also spoke about a new potential D&O exposure that’s been getting a lot of attention …
  The article Executives Examine D&O Claim Trends, Cyber Exposure appeared first on Insurance Journal.
  
  Read more

• Texas Businesses Oppose ‘Pro-Discrimination’ Legislation

  06-03-2015 18:46
  
  Two proposed constitutional amendments that supporters say would protect Texans from government intrusion into their free exercise of religion are meeting resistance from a coalition led by a former adviser to George W. Bush that calls the measures discriminatory. The …
  The article Texas Businesses Oppose ‘Pro-Discrimination’ Legislation appeared first on Insurance Journal.
  
  Read more

• Arkansas Senate Votes to Delay State Insurance Exchange Plans

  06-03-2015 18:43
  
  Arkansas lawmakers voted to put the state’s plans to set up its own insurance exchange under the federal health law on hold while the nation’s highest court weighs a legal challenge over tax subsidies granted through the overhaul. The bill …
  The article Arkansas Senate Votes to Delay State Insurance Exchange Plans appeared first on Insurance Journal.
  
  Read more

• Holding Multiple Jobs Increases Risk of Injury: Liberty Mutual

  06-03-2015 18:42
  
  Researchers with the Liberty Mutual Research Institute’s Center for Injury Epidemiology have concluded that individuals who work multiple jobs — approximately 14 million U.S. residents – have a greater likelihood of injury than those holding a single job. According to …
  The article Holding Multiple Jobs Increases Risk of Injury: Liberty Mutual appeared first on Insurance Journal.
  
  Read more

• XL Group’s E&S Insurance Adds Miller in Chicago to Launch New Auto Product

  06-03-2015 18:41
  
  XL Group’s Excess & Surplus (E&S) insurance team is expanding, adding Andrew Miller as underwriting manager for its newest product line, primary auto. Miller joins XL Group’s Chicago office with more than a dozen years of transportation insurance industry experience, most recently as …
  The article XL Group’s E&S Insurance Adds Miller in Chicago to Launch New Auto Product appeared first on Insurance Journal.
  
  Read more

• Case analysis: Do agents owe a duty to the general public?

  06-03-2015 18:38
  Third party sues insurance agent in Ohio for negligent procurement, after the agent's policyholder causes an auto accident. What do the courts say?
  
  Read more

• Gaylord, Sibley County in Minnesota Settle Racial Profiling Lawsuit

  06-03-2015 18:31
  
  Officials in the south-central Minnesota city of Gaylord have agreed to pay tens of thousands of dollars to a Mexican immigrant to settle a federal lawsuit that alleged racial profiling. Minnesota Public Radio News reports that Gaylord and Sibley County …
  The article Gaylord, Sibley County in Minnesota Settle Racial Profiling Lawsuit appeared first on Insurance Journal.
  
  Read more

• Ohio Democrats Want State to Create Health Insurance Exchange

  06-03-2015 18:27
  
  Democratic lawmakers in Ohio want the state to consider creating its own health insurance exchange as the U.S. Supreme Court hears a challenge to President Barack Obama’s health care law. People can find health coverage through the exchanges, or marketplaces, …
  The article Ohio Democrats Want State to Create Health Insurance Exchange appeared first on Insurance Journal.
  
  Read more

• Medical Malpractice Award Caps Endorsed by Missouri House

  06-03-2015 18:21
  
  The Missouri House has given initial approval to a bill to reinstate limits on how much juries can award in noneconomic damages in medical malpractice cases against health care providers. Supporters said the limits, approved 101-53, are needed to make …
  The article Medical Malpractice Award Caps Endorsed by Missouri House appeared first on Insurance Journal.
  
  Read more

• Aon Benfield Cat Report Focuses on U.S. Snow/Ice and $1 Billion+ Losses

  06-03-2015 18:10
  
  Impact Forecasting, Aon Benfield’s catastrophe model development team, has released the latest edition of its monthly Global Catastrophe Recap report, which evaluates the impact of the natural disaster events that occurred worldwide during February 2015. Topping the list are the …
  The article Aon Benfield Cat Report Focuses on U.S. Snow/Ice and $1 Billion+ Losses appeared first on Insurance Journal.
  
  Read more

• Insurance Subsidies and GOP Alternatives to Obamacare - Wall Street Journal (blog)

  06-03-2015 17:57 via blogs.wsj.com
  
  Wall Street Journal (blog)
  Insurance Subsidies and GOP Alternatives to Obamacare
  Wall Street Journal (blog)
  Debate is continuing over Obamacare's future as the Supreme Court considers King v. Burwell, which questions whether federal insurance subsidies are legally available to people in states that do not run their own insurance exchanges. If the challengers ...
  States on Edge About the Future of Health Insurance MarketsABC News
  SCOTUS Obamacare Case May Make Insurance Pricier For Mill
  
  Read more

• Penn. Man Accused of Buying Auto Insurance From Scene of Car Wreck

  06-03-2015 17:51
  
  Authorities say a Pennsylvania man called an insurance company from a crash scene to buy auto coverage and later claimed his wreck happened after he got the policy. The Altoona Mirror reports that the insurance fraud charges filed this week …
  The article Penn. Man Accused of Buying Auto Insurance From Scene of Car Wreck appeared first on Insurance Journal.
  
  Read more

• SCOR Welcomes Sompo Japan Nippokoa Share Purchase; No Changes Seen

  06-03-2015 17:50
  
  In a brief announcement French reinsurer SCOR acknowledged that it has been “informed of the signing of a purchase agreement by Sompo Japan Nipponkoa Holdings, Inc.” The Japanese insurer is acquiring the “entire holding of Patinex AG in SCOR (i.e. …
  The article SCOR Welcomes Sompo Japan Nippokoa Share Purchase; No Changes Seen appeared first on Insurance Journal.
  
  Read more

• NYC to Spend $250M to Make Dangerous Streets Safer

  06-03-2015 17:48
  
  Some of New York City’s most dangerous streets are about to get safer as part of a $250 million project that will target roadways in the outer boroughs where dozens of pedestrians have been killed or injured in recent years. …
  The article NYC to Spend $250M to Make Dangerous Streets Safer appeared first on Insurance Journal.
  
  Read more

• Medical managers, litigation can add to workers comp costs

  06-03-2015 17:48
  
  BOSTON — Employers in states without workers compensation medical fee schedules tend to spend more on medical management services and litigation to control claim costs, according to the Workers Compensation Research Institute.
  
  Read more

• Pa. driver bought insurance just after car crash: cops - New York Daily News

  06-03-2015 17:41 via nydailynews.com
  New York Daily News
  Pa. driver bought insurance just after car crash: cops
  New York Daily News
  Michael Traveny (not pictured) allegedly lied about the timing of his August 2014 car accident to secure an insurance payout. An uninsured Pennsylvania driver faces fraud charges for buying auto cover just minutes after being involved in a car crash ...
  Prosecutor: Man bought auto insurance from crash site, said wreck occurred ...U.S. News & World Report
  Man buys insurance coverage from crash sceneKRM
  
  Read more

• Insurance Companies Have a Big Problem With Millennials - Gallup.com

  06-03-2015 17:08 via gallup.com
  Gallup.com
  Insurance Companies Have a Big Problem With Millennials
  Gallup.com
  When it comes to engaging their millennial customers, insurance companies have their work cut out for them. Of all the generations, millennials (born in 1980 to 1996) are the least likely to be fully engaged -- and the most likely to be actively ...
  
  and more »
  
  Read more

• Meet the 25 top billionaires in the world

  06-03-2015 17:08
  From food to technology to, yes, insurance, these entrepreneurs took opportunity by the horns and made billions off of it.
  
  Read more

• Sinkhole coverage now available in Missouri through FAIR Plan

  06-03-2015 17:01
  The FAIR plan started issuing the standalone Sinkhole Loss policy earlier this year to supplement the homeowner’s primary coverage.
  
  Read more

• Act swiftly to contain cyber breach incidents

  06-03-2015 16:53
  
  NEW YORK — Timely action and notification are crucial to the response to any cyber incident, according to panelists speaking Thursday at the Business Insurance Risk Management Summit in New York.
  
  Read more

• Soft rockers Hall & Oates play hardball with granola brand

  06-03-2015 16:47
  
  Daryl Hall and John Oates, whose 1972 debut album featured a canister of oatmeal on the cover, are suing a granola company for naming a product “Haulin’ Oats.”
  
  Read more

• Here are the 13 top performing cars in the snow

  06-03-2015 16:24
  eBay Motors recently asked 1,400 people from the northern states how safe they feel when driving in the snow and their opinion on 13 specific models. Here's what they found.
  
  Read more

• How to get auto-insurance discounts - Hartford Courant

  06-03-2015 16:23 via courant.com
  
  How to get auto-insurance discounts
  Hartford Courant
  Who doesn't enjoy saving money, especially on a monthly bill like car insurance? Auto industry experts say there are plenty of opportunities for drivers to save on their premiums through various discounts insurance companies provide. For example, did ...
  
  Read more

Follow @Insurance_Newsl on Twitter!