Insurance news

• Premera health insurance hack hits 11 million people - CNNMoney

  17-03-2015 23:20 via money.cnn.com
  
  CNNMoney
  Premera health insurance hack hits 11 million people
  CNNMoney
  A large American insurer said Tuesday that hackers broke into its computer systems last year, exposing the data of 11 million people. Premera Blue Cross, based in the Pacific Northwest, said hackers "may have" accessed millions of health profiles that ...
  Health insurance data breach exposes 11 million peopleEngadget
  New health insurance data breach in Northwest; 11 million may be affectedLos Angeles Times
  
  al
  
  Read more

• Hospital employees react after insurance mix-up - KPRC Houston

  17-03-2015 23:20 via click2houston.com
  
  Hospital employees react after insurance mix-up
  KPRC Houston
  SPENCER, CHANNEL 2 NEWS. THANK YOU. NOW A STORY YOU'LL SEE ONLY ON 2, A COMMUNICATION BREAKDOWN BETWEEN A HOSPITAL AND ITS EMPLOYEES HAS A LOT OF THOSE WORKERS UPSET TONIGHT. BECAUSE WHEN THE ...
  
  Read more

• Risk manager Frederick Molineux oversaw Tylenol poisoning response

  17-03-2015 23:13
  Frederick B. Molineux, who was risk manager at Johnson & Johnson during the 1982 Tylenol poisoning crisis, has died in Southport, North Carolina. He was 77.
  
  Read more

• Premera Blue Cross breached, medical information exposed

  17-03-2015 22:19
  (Reuters) — Health insurer Premera Blue Cross said on Tuesday it was a victim of a cyber attack that may have exposed medical data and financial information of 11 million customers in the latest case of a health care company reporting a serious...
  
  Read more

• Advertisement

• LifeWise insurance firm confirms cyber attack - Phoenix Business Journal

  17-03-2015 22:04 via bizjournals.com
  
  LifeWise insurance firm confirms cyber attack
  Phoenix Business Journal
  LifeWise has confirmed that it was a victim of cyber attack and now will provide free credit monitoring and identity theft protection to 250,000 of its affected policyholders — including 16,000 former policyholders n Arizona. The Mountlake Terrace ...
  
  and more »
  
  Read more

• Online guide helps employers battle social engineering scams

  17-03-2015 22:00
  Chubb Corp. has created a free guide to help employers understand and prevent social engineering fraud.
  
  Read more

• Top 10 Most, Least Expensive Cars to Insure

  17-03-2015 21:13
  
  The cheapest 2015 models to insure include two minivans, seven sport-utilities and the tiny Smart ForTwo, according to an Insure.com  ranking of the most and least expensive vehicles to insure. The Jeep Wrangler Sport 4WD repeated its cheapest-to-insure title, with …
  The article Top 10 Most, Least Expensive Cars to Insure appeared first on Insurance Journal.
  
  Read more

• The kids aren't all right: 3.3M may lose insurance - CNBC

  17-03-2015 21:08 via cnbc.com
  
  CNBC
  The kids aren't all right: 3.3M may lose insurance
  CNBC
  Up to 3.3 million extra children—mostly in lower- and moderate-income families—could be without health insurance because of pending decisions by both the Supreme Court and Congress, according to a new study released Tuesday. Read More16.4M gain ...
  Indiana should create health insurance exchangeIndianapolis Star
  
  all 21 news articles »
  
  Read more

• Advertisement

• Health care plan enrollments steady despite reform law

  17-03-2015 20:48
  The health care reform law has so far had little effect on the percentage of employees enrolled in employer-sponsored health care plans, according to a survey.
  
  Read more

• Ikea to hide-and-seekers: Get lost

  17-03-2015 20:29
  
  Ikea is asking customers to please stop playing hide-and-seek in its stores.
  
  Read more

• Autism insurance bill goes to governor - Jackson Clarion Ledger

  17-03-2015 20:09 via clarionledger.com
  
  Jackson Clarion Ledger
  Autism insurance bill goes to governor
  Jackson Clarion Ledger
  Mississippi appears poised to join a growing number of states that require health insurance plans to cover autism diagnosis and treatment. The Legislature on Tuesday sent House Bill 885 to Republican Gov. Phil Bryant, who has supported the measure and ...
  
  and more »
  
  Read more

• Nissan’s 600-horsepower, $150,000 GT-R tops insurance costs

  17-03-2015 19:53
  Here it is, the most expensive 2015-model vehicle to insure in the U.S.
  
  Read more

• Electronic prescribing requirement delayed until 2016

  17-03-2015 19:02
  New York Gov. Andrew Cuomo has signed a bill into law pushing back a deadline by one year to implement mandatory electronic prescribing in the state.
  
  Read more

• Willis senior captive exec departs

  17-03-2015 18:59
  Les Boughner, a top executive with Willis North America’s global captive and consulting practice in Burlington, Vermont, abruptly left the company last week.
  
  Read more

• Lawmakers put brakes on moped insurance plan - WRAL.com

  17-03-2015 18:56 via wral.com
  
  WRAL.com
  Lawmakers put brakes on moped insurance plan
  WRAL.com
  Raleigh, N.C. — Questions and criticism from several lawmakers scuttled a planned House committee vote Tuesday on legislation that would require moped operators to obtain insurance and have their scooters inspected annually. The House Transportation ...
  
  Read more

• The Economist explains - The Economist (blog)

  17-03-2015 18:54 via economist.com
  
  The Economist (blog)
  The Economist explains
  The Economist (blog)
  THERE are more web-connected devices than people in the world. Smartphones, fitness armbands, cars, factories and even domestic appliances churn out a constant stream of live data. Cheap sensors and the tsunami of information they generate can ...
  
  and more »
  
  Read more

• RIMS backs streamlining terrorism classification

  17-03-2015 18:51
  
  The Risk and Insurance Management Society has sent a letter to the Federal Insurance Office, Department of the Treasury in support of simplifying the process by which destructive acts are certified as terrorist events, the Society said in a statement...
  
  Read more

• Worker wins comp benefits despite underlying knee injury

  17-03-2015 18:42
  
  A Tennessee worker should receive workers compensation for a knee injury he suffered while at work, even though his injury was caused by an underlying knee condition that was unrelated to his job, a panel of the Tennessee Supreme Court has ruled.
  
  Read more

• Johnson & Johnson worker comp qualified for knee injury

  17-03-2015 18:42
  A Tennessee worker should receive workers compensation for a knee injury he suffered while at work, even though his injury was caused by an idiopathic knee condition that was unrelated to his job, a panel of the Tennessee Supreme Court has ruled.
  
  Read more

• Corporate mergers yield rise in expensive D&O settlements

  17-03-2015 18:15
  Litigation suits stemming from mergers and acquisitions are an increasing problem for corporations and their directors and officers liability insurers.
  
  Read more

• Transactional risk insurance placement increases 51% for Marsh

  17-03-2015 18:07
  
  A total of $7.72 billion in insured limits was placed in the transactional risk insurance market in 2014 by Marsh L.L.C. clients, which was a 51% increase over 2013’s total, the broker said in a report.
  
  Read more

• AAIS, ACORD Partner on Standards for Insurers

  17-03-2015 17:43
  
  Two major organizations that supply standard forms, rating information and policies to the property/casualty insurance industry have agreed to work more closely together. The American Association of Insurance Services (AAIS), and ACORD (Association for Cooperative Operations Research and Development) have …
  The article AAIS, ACORD Partner on Standards for Insurers appeared first on Insurance Journal.
  
  Read more

• AAIS, ACORD Form Relationship to Expand Standards for Insurers

  17-03-2015 17:43
  
  The American Association of Insurance Services (AAIS), and ACORD, the Association for Cooperative Operations Research and Development, have partnered to expand the reach of the standards they develop and maintain for insurers. The two non-profit insurance organizations have become a …
  The article AAIS, ACORD Form Relationship to Expand Standards for Insurers appeared first on Insurance Journal.
  
  Read more

• Agency offers U.K., European recycling firms coverage

  17-03-2015 17:41
  London-based underwriting agency Solon Underwriting Ltd. has launched to service recycling firms in the United Kingdom and other European markets.
  
  Read more

• JLT Specialty Names Battenfield Sr. VP, U.S. Downstream Energy in Houston

  17-03-2015 17:38
  
  JLT Specialty Insurance Services Inc. (JLT Specialty USA), a U.S. subsidiary of Jardine Lloyd Thompson Group plc. (JLT), appointed Robert M. Battenfield as senior vice president and leader of downstream energy. He is located in Houston. Battenfield will be responsible …
  The article JLT Specialty Names Battenfield Sr. VP, U.S. Downstream Energy in Houston appeared first on Insurance Journal.
  
  Read more

• JLT Specialty Insurance Names Battenfield Sr. VP, U.S. Downstream Energy in Houston

  17-03-2015 17:38
  
  JLT Specialty Insurance Services Inc. (JLT Specialty USA), a U.S. subsidiary of Jardine Lloyd Thompson Group plc. (JLT), appointed Robert M. Battenfield as senior vice president and leader of downstream energy. He is located in Houston. Battenfield will be responsible …
  The article JLT Specialty Insurance Names Battenfield Sr. VP, U.S. Downstream Energy in Houston appeared first on Insurance Journal.
  
  Read more

• Vermont Mutual Insurance Group CEO Catto to Retire in June - Insurance Journal

  17-03-2015 17:30 via insurancejournal.com
  
  Vermont Mutual Insurance Group CEO Catto to Retire in June
  Insurance Journal
  Vermont Mutual Insurance Group announced Group President and CEO William A. Catto will retire from the company on June 30, 2015. The company said it expects to announce Catto's successor after its board meeting in April. Catto's career in the ...
  
  Read more

• Vermont Mutual Insurance Group CEO Catto to Retire in June

  17-03-2015 17:29
  
  Vermont Mutual Insurance Group announced Group President and CEO William A. Catto will retire from the company on June 30, 2015. The company said it expects to announce Catto’s successor after its board meeting in April. Catto’s career in the …
  The article Vermont Mutual Insurance Group CEO Catto to Retire in June appeared first on Insurance Journal.
  
  Read more

• Transactional risk coverage surged in 2014: Marsh

  17-03-2015 17:29
  Policies grew 36% in 2014, with strong growth in the U.S., Europe, Middle East and Africa.
  
  Read more

• Employers hone in on wellness program success, combating poor work climates

  17-03-2015 17:26
  SAN FRANCISCO — Employers' success in improving the overall health and productivity of their workforce through wellness and health management programs may depend greatly on the quality of their workplace climate.
  
  Read more

• Former Miss Montana Gets 5 Years’ Probation For Insurance Fraud

  17-03-2015 17:22
  
  A former Miss Montana USA who was convicted of defrauding her insurance company while her historic mansion was undergoing repairs has been sentenced to five years on federal probation. The Missoulian reported U.S. District Judge Donald Molloy also ordered Christin Didier …
  The article Former Miss Montana Gets 5 Years’ Probation For Insurance Fraud appeared first on Insurance Journal.
  
  Read more

• Colorado to Join ‘Zero Deaths’ Traffic Safety Plan

  17-03-2015 17:20
  
  Colorado is signing on to a national effort to reduce traffic deaths dramatically – all the way to zero. Colorado Gov. John Hickenlooper plans to tout the effort Monday afternoon at the Capitol. Six years ago the national Governors Highway …
  The article Colorado to Join ‘Zero Deaths’ Traffic Safety Plan appeared first on Insurance Journal.
  
  Read more

• Yellow Cab in Nevada Says Disabilities Suit Has it in Bad Spot

  17-03-2015 17:18
  
  Yellow Cab Co. of Reno may have to file for bankruptcy if it’s ordered to pay excessive attorney fees after a federal judge found it violated the Americans with Disabilities Act by denying service to a disabled woman with a …
  The article Yellow Cab in Nevada Says Disabilities Suit Has it in Bad Spot appeared first on Insurance Journal.
  
  Read more

• California Trial in Kaiser Plastic Surgery Coverage Starts

  17-03-2015 17:11
  
  A trial in a class action lawsuit over Kaiser Permanente refusal to cover the removal of excess skin for nearly 10,000 patients who underwent weight loss surgery began this week in a California Superior Court in Alameda County. The Courtroom View …
  The article California Trial in Kaiser Plastic Surgery Coverage Starts appeared first on Insurance Journal.
  
  Read more

• Health savings accounts, consumer-driven plans growing

  17-03-2015 17:10
  
  Enrollment in health savings accounts continues to grow as more employers are moving to consumer-driven health care plans, Fidelity Investments said Tuesday.
  
  Read more

• New Hampshire Residents Warned About Spring Flooding

  17-03-2015 17:07
  
  As spring approaches, New Hampshire Gov. Maggie Hassan is encouraging New Hampshire residents to take precautions to protect their families and homes from flooding. In the last 10 years, there have been 10 federal disaster declarations in New Hampshire for …
  The article New Hampshire Residents Warned About Spring Flooding appeared first on Insurance Journal.
  
  Read more

• South Korea blames North Korea for December hack on nuclear operator

  17-03-2015 17:02
  
  (Reuters) — South Korea on Tuesday blamed North Korea for cyber attacks against the country’s nuclear reactor operator last December, based upon investigations into Internet addresses used in the hacking, but Pyongyang denied any involvement.
  
  Read more

• The Internet of Things: Insurers must prepare for disruption, customer impact

  17-03-2015 17:00
  The IoT stands to transform the P&C industry, disrupting existing insurance models—and unlocking growth and profitability for those who act
  
  Read more

• Finding the next generation of brokers

  17-03-2015 16:56
  Even though many carriers have been around a long time, that doesn’t mean carriers can’t, and shouldn’t, be creative and innovative when it comes to identifying, recruiting and training the next generation of outstanding sales professionals.
  
  Read more

• Steel, not Plywood Protecting Vacant Homes in Detroit Enclave

  17-03-2015 16:55
  
  Detroit enclave of Highland Park is using steel instead of plywood to cover doors and windows of vacant homes as part of an effort to better prevent drug activity, arson, squatting and other crimes. Fire Chief Derek Hillman told The …
  The article Steel, not Plywood Protecting Vacant Homes in Detroit Enclave appeared first on Insurance Journal.
  
  Read more

• Illinois County Fairs Losing State Money for Insurance, Other Costs

  17-03-2015 16:26
  
  County fairs across Illinois are reassessing their finances as the state reduces its support in a cost-saving measure. A recent letter from Republican Gov. Bruce Rauner’s administration instructed county fairs to stop spending state money on rehabilitation, which includes some …
  The article Illinois County Fairs Losing State Money for Insurance, Other Costs appeared first on Insurance Journal.
  
  Read more

• Insurance 'Geek' Boggs Pursues 'Light Bulb' Effect as Academy Expands - Insurance Journal

  17-03-2015 16:06 via insurancejournal.com
  
  Insurance Journal
  Insurance 'Geek' Boggs Pursues 'Light Bulb' Effect as Academy Expands
  Insurance Journal
  Some people call it the “light bulb effect” — that point in a learning experience when a previously opaque concept suddenly seems crystal clear. For Christopher J. Boggs, that light bulb effect is the most gratifying aspect of his job as a teacher of ...
  
  Read more

• Insurance ‘Geek’ Boggs Pursues ‘Light Bulb’ Effect as Academy Expands

  17-03-2015 15:58
  
  Some people call it the “light bulb effect” — that point in a learning experience when a previously opaque concept suddenly seems crystal clear. For Christopher J. Boggs, that light bulb effect is the most gratifying aspect of his job …
  The article Insurance ‘Geek’ Boggs Pursues ‘Light Bulb’ Effect as Academy Expands appeared first on Insurance Journal.
  
  Read more

• Chubb says global stagnation, stronger dollar pose a threat

  17-03-2015 15:36
  Chubb said a lack of growth in the global economy and a stronger dollar could limit policy sales and investment income this year.
  
  Read more

• Refiners sue BNSF Railway over $1,000 oil tank car surcharge

  17-03-2015 15:28
  BNSF Railway Co. was sued by a trade group for 400 U.S. refining and petrochemical makers objecting to a $1,000 surcharge the rail transporter of crude oil tacked onto older-model tank cars.
  
  Read more

• P/C Insurance M&As: Deal Value Up, More to Come

  17-03-2015 14:47
  
  Merger and acquisition activity in the property/casualty industry is increasing in deal value and will likely expand from reinsurers to primary carriers, according to two new industry reports. Deloitte said that the average deal size in the sector grew more …
  The article P/C Insurance M&As: Deal Value Up, More to Come appeared first on Insurance Journal.
  
  Read more

• El Nino Could Signal Tornado Activity in South: Researchers

  17-03-2015 14:30
  
  The waters of the Pacific Ocean may provide some clues on what kind of tornado season will erupt across the southern U.S., according to a paper in the journal Nature Geoscience. The study found that if the Pacific enters an …
  The article El Nino Could Signal Tornado Activity in South: Researchers appeared first on Insurance Journal.
  
  Read more

• Home remodeling time: 9 things to know about insurance coverage

  17-03-2015 13:55
  The homeowner, the general contractor and the subcontractors all need insurance coverage.
  
  Read more

• Lloyd's opens office in Beijing

  17-03-2015 13:35
  Lloyd's of London has opened a branch office in Beijing, reported Asia Insurance Review.
  
  Read more

• Reinsurers plan to enter Indian market

  17-03-2015 13:34
  Several global reinsurance players have shown interest in opening branch offices in India and are awaiting new rules from the country's insurance regulator, reported The Indian Express.
  
  Read more

Follow @Insurance_Newsl on Twitter!