Insurance news

• Iowa House panel OKs bill to track car insurance compliance - The State

  16-03-2015 23:50 via thestate.com
  The State
  Iowa House panel OKs bill to track car insurance compliance
  The State
  DES MOINES, Iowa — People in Iowa with outdated car insurance would be monitored by a private company for compliance under a bill a House panel approved Monday. Members of a Ways and Means subcommittee approved the bill before sending it to a ...
  Bill would let company monitor your car insurance informationKCCI Des Moines
  
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• FEMA's Appeals Process Favored Insurance Companies Almost Every Time - NPR

  16-03-2015 23:35 via npr.org
  
  NPR
  FEMA's Appeals Process Favored Insurance Companies Almost Every Time
  NPR
  FEMA has taken the unprecedented step of reopening all Superstorm Sandy flood claims because thousands of homeowners said insurance companies intentionally lowballed damage estimates. Similar allegations surfaced in 2004 after Hurricane Isabel ...
  FEMA Plans To Reopen All Sandy Claims, Regain Trust In OverhaulWFDD
  FEMA to Allow Review of Disputed Sandy Flood Insurance ClaimsClaimsJournal.com
  
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• Iowa House panel OKs bill to track car insurance compliance - Bellingham Herald

  16-03-2015 23:34 via bellinghamherald.com
  KCCI Des Moines
  Iowa House panel OKs bill to track car insurance compliance
  Bellingham Herald
  DES MOINES, Iowa — People in Iowa with outdated car insurance would be monitored by a private company for compliance under a bill a House panel approved Monday. Members of a Ways and Means subcommittee approved the bill before sending it to a ...
  Bill would let company monitor your car insurance informationKCCI Des Moines
  
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• Oklahoma Contractor Charged with Defrauding Moore Tornado Victims

  16-03-2015 23:16
  
  Oklahoma Attorney General Scott Pruitt has charged a Tulsa contractor with two felony counts of embezzlement for fraudulent business practices in rebuilding homes damaged by the May 2013 tornado. The AG’s office said Wesley Gamble, Jr. and his company NEXT …
  The article Oklahoma Contractor Charged with Defrauding Moore Tornado Victims appeared first on Insurance Journal.
  
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• Texas A&M: Student/Faculty Personal Data Mistakenly Published

  16-03-2015 23:14
  
  Texas A&M may have accidentally compromised personal data belonging to about 5,000 graduate students and university faculty members. An email sent out by the university earlier said Social Security numbers, along with their names of faculty members and graduate assistants …
  The article Texas A&M: Student/Faculty Personal Data Mistakenly Published appeared first on Insurance Journal.
  
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• Changes to Kansas Workers’ Comp System Raise Lawsuit Fears

  16-03-2015 23:13
  
  A change to the state system for paying medical bills and lost wages for injured workers in Kansas has some fearing big lawsuits and others looking forward to cost savings. Starting Jan. 1, the state began rating injuries using an …
  The article Changes to Kansas Workers’ Comp System Raise Lawsuit Fears appeared first on Insurance Journal.
  
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• California Commissioner Names New Insurance Diversity Task Force - Insurance Journal

  16-03-2015 22:12 via insurancejournal.com
  
  California Commissioner Names New Insurance Diversity Task Force
  Insurance Journal
  California Insurance Commissioner Dave Jones on Monday announced the members of the 2015-2016 Insurance Diversity Task Force, which will make recommendations to Jones on ways to increase diversity in procurement and governing boards within the ...
  
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• California Commissioner Names New Insurance Diversity Task Force

  16-03-2015 22:10
  
  California Insurance Commissioner Dave Jones on Monday announced the members of the 2015-2016 Insurance Diversity Task Force, which will make recommendations to Jones on ways to increase diversity in procurement and governing boards within the insurance industry. Task Force members …
  The article California Commissioner Names New Insurance Diversity Task Force appeared first on Insurance Journal.
  
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• California Auditing Insurance Company That Took Away Home Health Aide - NPR

  16-03-2015 21:58 via npr.org
  
  NPR
  California Auditing Insurance Company That Took Away Home Health Aide
  NPR
  California's labor department says it will conduct an audit of how Travelers Insurance handled the case of paralyzed worker Joel Ramirez, who was left to fend for himself for months after the company withdrew his 24-hour home health care. Ramirez was ...
  GOV'T REPORT MIRRORS NEWS REPORTS THAT SHOW WORKER'S COMP ...Sky Valley Chronicle
  
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• More than 16 million gain insurance coverage under health law - SFGate

  16-03-2015 21:51 via sfgate.com
  
  SFGate
  More than 16 million gain insurance coverage under health law
  SFGate
  WASHINGTON — More than 16 million Americans have gained coverage since President Obama's health care law took effect five years ago, the administration said Monday. But an independent expert who used some of the same underlying data had a much ...
  
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• Electronic license and insurance card bills advance in N.J. Senate - NJ.com

  16-03-2015 21:51 via nj.com
  
  NJ.com
  Electronic license and insurance card bills advance in N.J. Senate
  NJ.com
  When a cop knocks on your car window and asks for your driver's license and insurance card, you might be able to reply "I've got an app for that" in the not too distant future. The state Senate approved a bill today to study whether the state should ...
  
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• Employer, fired HIV-positive worker to settle EEOC bias case

  16-03-2015 21:17
  A packaging company has agreed to pay $125,000 to settle Equal Employment Opportunity Commission charges that it violated the Americans with Disabilities Act by firing a worker because he was HIV-positive.
  
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• Starwood Hotels signs up with private health insurance exchange

  16-03-2015 20:53
  
  Starwood Hotels & Resorts Worldwide Inc. has signed up with Towers Watson & Co. to offer health insurance plans to its 26,000 U.S. employees and dependents through Towers Watson's private exchange, OneExchange.
  
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• Volunteers needed for senior health insurance referrals - St. Cloud Times

  16-03-2015 20:50 via sctimes.com
  
  St. Cloud Times
  Volunteers needed for senior health insurance referrals
  St. Cloud Times
  The Central Minnesota Council on Aging is looking for people interested in becoming counselors in the State Health Insurance and Assistance program for several counties. The program has lost a number of volunteers over the past few years, said Brenda ...
  
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• Lloyd’s agency to offer prize indemnity, over-redemption coverage

  16-03-2015 20:46
  
  Lloyd’s of London managing general agent CFC Underwriting Ltd. has launched prize indemnity and over-redemption policies.
  
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• Adel insurance agent arrested - WALB-TV

  16-03-2015 20:39 via walb.com
  
  Adel insurance agent arrested
  WALB-TV
  ADEL, GA (WALB) - Monday afternoon, Insurance Commissioner Ralph Hudgens announced the Friday arrest of a Cook County insurance agent on multiple charges related to misappropriating of insurance premiums. Teresita D. Heard, 47, a sub-agent with ...
  Adel Insurance agent charged with insurance fraud and theft by takingWFXL FOX 31
  
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• Guy Carpenter launches data-driven casualty catastrophe model

  16-03-2015 20:33
  
  Guy Carpenter & Co. L.L.C., wholly owned subsidiary of Marsh & McLennan Companies Inc. has launched GC ForCasSM, its new data-driven casualty catastrophe model, the company said in a statement Monday.
  
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• Obama administration: 16.4 million have gained health insurance - Crain's Chicago Business

  16-03-2015 20:24 via chicagobusiness.com
  Obama administration: 16.4 million have gained health insurance
  Crain's Chicago Business
  (AP) — More than 16 million Americans have gained insurance coverage as a result of President Barack Obama's health care law, the administration said Monday as the White House prepares to commemorate the fifth anniversary of the law's signing.
  
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• 16 million more insured since health care reform law approved

  16-03-2015 20:23
  More than 16 million adult Americans have gained health insurance coverage due to the health care reform law, the Department of Health & Human Services said Monday.
  
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• New Jersey Couple Sues Insurer Over Sales Tax Dispute

  16-03-2015 20:15
  
  A New Jersey couple sued an insurance company on March 13, claiming it defrauded them out of the sales tax in their Superstorm Sandy claim, and their lawyer said others might also have been affected. Charles and Beverly Mooney sued …
  The article New Jersey Couple Sues Insurer Over Sales Tax Dispute appeared first on Insurance Journal.
  
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• Families of 9 Newtown Victims Sue Estate of Shooter’s Mother

  16-03-2015 20:12
  
  The families of nine people killed in the Newtown elementary school shooting have filed lawsuits against the estate of the gunman’s mother. The lawsuits contend Nancy Lanza failed to properly secure her legally owned Bushmaster AR-15 rifle, which her troubled …
  The article Families of 9 Newtown Victims Sue Estate of Shooter’s Mother appeared first on Insurance Journal.
  
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• Lockton Hires Chayot as VP for Northeast Operation

  16-03-2015 19:53
  
  Insurance broker Lockton has hired Danielle Chayot as vice president and producer for its Northeast operation. Chayot is based in Lockton’s New York office. Chayot previously worked at Marsh & McLennan as vice president and producer. She specializes in risk …
  The article Lockton Hires Chayot as VP for Northeast Operation appeared first on Insurance Journal.
  
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• Dan Walters: Insurance commissioner trying to expand power - San Jose Mercury News

  16-03-2015 19:27 via mercurynews.com
  
  Dan Walters: Insurance commissioner trying to expand power
  San Jose Mercury News
  A reliable maxim of Capitol politics is that big money begets heavy-duty politicking -- and in 21st century California, nothing is bigger than health care. It is now, by a wide margin, the state's single largest economic activity, with governments ...
  
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• Indiana should create health insurance exchange - Indianapolis Star

  16-03-2015 19:26 via indystar.com
  
  Indianapolis Star
  Indiana should create health insurance exchange
  Indianapolis Star
  Despite the general opinion of Gov. Mike Pence and Republican lawmakers that the Affordable Care Act should be repealed, Indiana government is now finally participating in Obamacare. That distinction was realized with the Obama administration's ...
  
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• Goodwill worker, comp insurer dispute equal protection

  16-03-2015 19:23
  
  A workers compensation insurer did not violate a Colorado man’s right to equal protection under the law when it declined to comply with a request for evidence of any financial contributions between the insurer and Colorado workers comp...
  
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• McDonald's workers claim hazardous conditions in 19 U.S. cities

  16-03-2015 19:12
  
  (Reuters) — McDonald’s restaurant workers from 19 U.S.
  
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• Colorado lawmakers want to create title insurance commission - Inman.com

  16-03-2015 18:51 via inman.com
  
  Colorado lawmakers want to create title insurance commission
  Inman.com
  Colorado is considering legislation that would appoint a title insurance commission to combat potential conflicts of interest between the industry's regulator and the companies she oversees. Title insurance companies in Colorado (long considered a ...
  
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• Proof of insurance? Soon you can just pull out your cellphone - Columbus Dispatch

  16-03-2015 18:50 via dispatch.com
  
  Columbus Dispatch
  Proof of insurance? Soon you can just pull out your cellphone
  Columbus Dispatch
  The E-Edition includes all of the news, comics, classifieds and advertisements of the newspaper. And it's available to subscribers before 6 a.m. every day. Subscribe. All current subscribers have full access to Digital D, which includes the E-Edition ...
  Ohioans can now show electronic proof of insuranceWKYC-TV
  Providing proof of insurance when pulled over about to become easierWNWO NBC 24
  Ohio
  
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• Affordable Care Act adds 16.4 million to health insurance rolls - Washington Post

  16-03-2015 18:19 via washingtonpost.com
  
  TIME
  Affordable Care Act adds 16.4 million to health insurance rolls
  Washington Post
  About 16.4 million adults have been added to health insurance rolls under the Affordable Care Act, which provided especially robust gains in coverage for minorities and states that expanded their Medicaid programs, administration officials announced ...
  Obamacare Makes Historic Headway in Boosting Insurance CoverageU.S. News & World Report (blog)
  About 16.4 million adults got insurance since Obamacare, gov
  
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• Authorities closing in on hackers who stole JPMorgan data

  16-03-2015 18:18
  
  (Reuters) — Federal authorities investigating the data breach at JPMorgan Chase & Co. are confident that a criminal case will be filed against the hackers in the coming months, the New York Times reported, citing people briefed on the investigation.
  
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• Health insurance exchange warns New Mexicans of penalty - KOB.com

  16-03-2015 18:07 via kob.com
  
  Health insurance exchange warns New Mexicans of penalty
  KOB.com
  (AP) - Officials with the state's health insurance exchange say some New Mexicans have another chance to sign up for coverage if they paid the penalty for not having insurance when they filed their tax returns this year. The special enrollment period ...
  Health insurance deadline extended, avoid tax penaltiesTucson News Now
  
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• CFC Launches Two New Contingency Insurance Products - Insurance Journal

  16-03-2015 17:56 via insurancejournal.com
  
  CFC Launches Two New Contingency Insurance Products
  Insurance Journal
  Specialist lines underwriting agency, CFC Underwriting, has launched prize indemnity and over-redemption policy products. The new coverages come from CFC's recently established contingency team and follow the appointment of Matt Helm as ...
  
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• CFC Launches Two New Contingency Insurance Products

  16-03-2015 17:53
  
  Specialist lines underwriting agency, CFC Underwriting, has launched prize indemnity and over-redemption policy products. The new coverages come from CFC’s recently established contingency team and follow the appointment of Matt Helm as Contingency Practice leader last year. “Prize competitions and …
  The article CFC Launches Two New Contingency Insurance Products appeared first on Insurance Journal.
  
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• Two Mainland firms join to offer hurricane insurance in Hawaii - Pacific Business News (Honolulu) (blog)

  16-03-2015 17:51 via bizjournals.com
  
  Insurance Business Review
  Two Mainland firms join to offer hurricane insurance in Hawaii
  Pacific Business News (Honolulu) (blog)
  Palomar Specialty Insurance Co. and TriCoast Insurance Services LLC have joined to offer residential windstorm-hurricane insurance in Hawaii, according to an announcement by the two companies. The standalone residential hurricane insurance, which will ...
  Palomar Announces Windstorm Insurance for Hawai'iBig Island Now
  
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• South Dakota Trucking Company Ordered Off the Road

  16-03-2015 17:46
  
  Federal transportation regulators have ordered a South Dakota trucking company and its owner to stop all commercial operations. The Federal Motor Carrier Safety Administration has deemed commercial driver Lonnie Roth and his namesake company imminent public safety hazards. The agency …
  The article South Dakota Trucking Company Ordered Off the Road appeared first on Insurance Journal.
  
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• Clark Insurance Names Ramsdell Senior VP in Maine - Insurance Journal

  16-03-2015 17:45 via insurancejournal.com
  
  Insurance Journal
  Clark Insurance Names Ramsdell Senior VP in Maine
  Insurance Journal
  The Board of Directors at Clark Insurance has elected Lee Ramsdell to the position of senior vice president. Ramsdell was previously vice president and also serves as corporate secretary. He is based in Portland, Maine. Ramsdell joined the agency in ...
  
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• Va. Retailer Lumber Liquidators to Pay for Safety Testing of Flooring

  16-03-2015 17:43
  
  Retailer Lumber Liquidators said on March 12 that it stands by its products and will pay for the safety testing of laminate floors for customers to help ease concerns. The Toano, Virginia, company addressed concerns raised following a “60 Minutes” …
  The article Va. Retailer Lumber Liquidators to Pay for Safety Testing of Flooring appeared first on Insurance Journal.
  
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• Clark Insurance Names Ramsdell Senior VP in Maine

  16-03-2015 17:34
  
  The Board of Directors at Clark Insurance has elected Lee Ramsdell to the position of senior vice president. Ramsdell was previously vice president and also serves as corporate secretary. He is based in Portland, Maine. Ramsdell joined the agency in …
  The article Clark Insurance Names Ramsdell Senior VP in Maine appeared first on Insurance Journal.
  
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• Parents Awarded $1.5M in Oklahoma Teen Drunk Driving Case

  16-03-2015 17:30
  
  Parents of a 17-year-old Oklahoman who was killed in a traffic accident in 2012 have been awarded $1.5 million in a civil case settlement. The Oklahoman reports that Donna and Duane Kerns have settled with Woodshed Liquor Store, which sold …
  The article Parents Awarded $1.5M in Oklahoma Teen Drunk Driving Case appeared first on Insurance Journal.
  
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• 90% of Parents Waive Teen Driving Restriction in Iowa

  16-03-2015 17:26
  
  An effort to improve some teen drivers’ road safety by limiting their number of passengers is having little impact in Iowa, because the majority of parents are signing waivers to opt their kids out of the requirement. According to data …
  The article 90% of Parents Waive Teen Driving Restriction in Iowa appeared first on Insurance Journal.
  
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• Feds: Texas Company’s Guardrails Meet Safety Standards in 8 Crash Tests

  16-03-2015 17:23
  
  Federal officials said that a guardrail system found on many U.S. highways met safety standards in crash tests that followed accusations they have speared cars. Forty states have stopped installing the guardrails, and Trinity Industries Inc. stopped shipping them after …
  The article Feds: Texas Company’s Guardrails Meet Safety Standards in 8 Crash Tests appeared first on Insurance Journal.
  
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• AIG acquires controlling stake in insurance group

  16-03-2015 17:21
  
  American International Group Inc. has agreed to acquire a controlling stake in NSM Insurance Group, AIG announced Monday.
  
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• Contractor Sentenced to Prison in Michigan Asbestos Removal Case

  16-03-2015 17:19
  
  A contractor has been sentenced to five years in federal prison for failing to properly remove asbestos from an old church in Bay City, Mich. The church was converted into a charter school, Bay City Academy. Roy Bradley Sr. was …
  The article Contractor Sentenced to Prison in Michigan Asbestos Removal Case appeared first on Insurance Journal.
  
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• Atlas Financial Closes Acquisition of Global Liberty in New York

  16-03-2015 17:18
  
  Atlas Financial Holdings Inc. in Elk Grove Village, Illinois, announced last week it has closed the acquisition of Global Liberty Insurance Company of New York along with its affiliated underwriting and premium finance companies. The purchase price is approximately $24.7 …
  The article Atlas Financial Closes Acquisition of Global Liberty in New York appeared first on Insurance Journal.
  
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• Insurer Sues Owners of Iowa Building Ravaged by Fire

  16-03-2015 17:16
  
  An insurance company that owns structures next to a downtown Younkers, Iowa, building ravaged by a massive fire last year has a filed a lawsuit against the building’s owners and the companies responsible for its renovation. In the lawsuit, EMC Insurance …
  The article Insurer Sues Owners of Iowa Building Ravaged by Fire appeared first on Insurance Journal.
  
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• Louisiana Citizens Property Insurance CEO Resigns Unexpectedly

  16-03-2015 17:11
  
  The chief executive officer of state-backed Louisiana Citizens Property Insurance Corp. abruptly resigned following a closed session of the insurer’s board of directors to discuss personnel matters. The Advocate reports David Thomas, a 40-year veteran of the insurance industry, declined …
  The article Louisiana Citizens Property Insurance CEO Resigns Unexpectedly appeared first on Insurance Journal.
  
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• Louisiana Citizens Property Insurance CEO Resigns

  16-03-2015 17:11
  
  The chief executive officer of state-backed Louisiana Citizens Property Insurance Corp. abruptly resigned following a closed session of the insurer’s board of directors to discuss personnel matters. The Advocate reports David Thomas, a 40-year veteran of the insurance industry, declined …
  The article Louisiana Citizens Property Insurance CEO Resigns appeared first on Insurance Journal.
  
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• Sedgwick to Oversee Louisiana Property/Casualty Self-Insurance Program

  16-03-2015 17:09
  
  A new private contractor is being hired to oversee claims processing and loss prevention services for Louisiana’s self-insurance program. The Office of Risk Management announced that Sedgwick Claims Management Services Inc. was awarded a three-year contract that begins July 1, …
  The article Sedgwick to Oversee Louisiana Property/Casualty Self-Insurance Program appeared first on Insurance Journal.
  
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• Ironshore's professional liability arm boosts kidnap and ransom coverage

  16-03-2015 17:03
  IronPro, the professional and management liability arm of Hamilton, Bermuda-based insurer Ironshore Inc., has increased its capacity for stand-alone kidnap and ransom coverage for U.S.-based businesses to $25 million, up from $5 million.
  
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• Connecticut Revisits Workers’ Comp for First Responders With PTSD

  16-03-2015 17:00
  
  The Connecticut General Assembly is revisiting whether to grant workers’ compensation coverage for certain first responders suffering from post-traumatic stress disorder, such as those who responded to the mass shooting at Sandy Hook Elementary School. Following a couple years of …
  The article Connecticut Revisits Workers’ Comp for First Responders With PTSD appeared first on Insurance Journal.
  
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