Insurance news

• Health Care Names Pressure Other Insurance, Retail Stocks - TheStreet.com

  09-06-2015 23:01 via realmoney.thestreet.com
  WBKO
  Health Care Names Pressure Other Insurance, Retail Stocks
  TheStreet.com
  I wrote in a column last October about the prospect for the performance of the stocks of companies in the insurance industry as the Patient Protection and Affordable Care Act (PPACA) began to be implemented. The defensive part of the strategy was and ...
  Health Insurance Costs Expected To SkyrocketWBKO
  Bill would allow mothers-to-be to sign up for health insuranceLegislative Gazetteall 102 news articles »
  
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• Fidelis Insurance Holdings Launches in Bermuda With $1.5 Billion - Wall Street Journal

  09-06-2015 21:21 via wsj.com
  Royal Gazette
  Fidelis Insurance Holdings Launches in Bermuda With $1.5 Billion
  Wall Street Journal
  A newly formed specialty insurance company is launching in Bermuda with $1.5 billion in backing from three private-equity firms and other investors, making it one of the biggest upstarts on an island that is a global hub for the insurance industry.
  Crestview, CVC, Pinebrook invest in Fidelis InsuranceThomson Reuters' peHUB (press release)
  Fidelis Insurance Raises Approximately $1.5 Billion In Init
  
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• BHSI, Irwin Siegel Agency to Offer Human, Social Service Program

  09-06-2015 18:59
  
  Berkshire Hathaway Specialty Insurance Company (BHSI) and Irwin Siegel Agency, Inc. have entered into an underwriting agreement to provide insurance products for the human and social service industry. The multi-line insurance solutions are designed for a wide range of organizations, …
  The article BHSI, Irwin Siegel Agency to Offer Human, Social Service Program appeared first on Insurance Journal.
  
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• Rideshare Insurance Bill Sent to Louisiana Governor

  09-06-2015 18:40
  
  Drivers for rideshare services like Uber and Lyft will have to carry hefty insurance policies, under a bill headed to Louisiana Gov. Bobby Jindal’s desk. Rideshare services, or transportation network companies (TNCs), connect contract drivers, who frequently use their personal …
  The article Rideshare Insurance Bill Sent to Louisiana Governor appeared first on Insurance Journal.
  
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• 3.6 Magnitude Quake Strikes Northern Oklahoma

  09-06-2015 18:31
  
  A magnitude 3.6 earthquake has rattled parts of northern Oklahoma. The U.S. Geological Survey reports the tremor was recorded around 8:20 a.m. on June 8 about 12 miles northwest of Fairview. It was about three miles deep. Geologists say earthquakes …
  The article 3.6 Magnitude Quake Strikes Northern Oklahoma appeared first on Insurance Journal.
  
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• Western National Insurance Adds Post as Commercial Lines VP

  09-06-2015 18:30
  
  Western National Insurance Group, based in Edina, Minn., has hired Jeffrey W. Post as vice president of Commercial Lines. Post joins Western National from QBE North America where he most recently held the position of chief operating officer, Middle Markets. He …
  The article Western National Insurance Adds Post as Commercial Lines VP appeared first on Insurance Journal.
  
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• South Dakota Prankster Entitled to Workers’ Comp: Court

  09-06-2015 18:24
  
  The South Dakota Supreme Court says a man who broke his ankle running away from a co-worker on whom he had played a prank at a construction site is entitled to workers’ compensation. In Jason Petrik v. JJ Concrete, Inc. …
  The article South Dakota Prankster Entitled to Workers’ Comp: Court appeared first on Insurance Journal.
  
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• 2 Minnesotans Sue White Castle for Age Discrimination

  09-06-2015 18:19
  
  Two long-time White Castle employees from Minnesota are suing the fast food chain claiming they were forced from management positions because they’re too old. Fifty-eight-year-old Terry Fransen, of St. Paul, says he was a White Castle general manager for three …
  The article 2 Minnesotans Sue White Castle for Age Discrimination appeared first on Insurance Journal.
  
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• Universal Property & Casualty Insurance OK’d to Write in Michigan

  09-06-2015 18:17
  
  Florida-based Universal Insurance Holdings Inc. announced that the Michigan Department of Insurance issued a Certificate of Authority to Universal Property & Casualty Insurance Co. (UPCIC), establishing UPCIC as a licensed insurance entity in Michigan. In addition to Florida, UPCIC is licensed …
  The article Universal Property & Casualty Insurance OK’d to Write in Michigan appeared first on Insurance Journal.
  
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• EPIC Hires Hughes as Senior Benefits Consultant in Northeast

  09-06-2015 18:13
  
  Edgewood Partners Insurance Center (EPIC), a retail property/casualty and employee benefits insurance brokerage and consultant based in San Francisco, hired Rosemary Hughes as principal and senior benefits consultant. Hughes is responsible for employee benefits consulting and new business development. She …
  The article EPIC Hires Hughes as Senior Benefits Consultant in Northeast appeared first on Insurance Journal.
  
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• Topa in California Promotes Three People to Key Posts

  09-06-2015 17:44
  
  Los Angeles, Calif.-based Topa Insurance Co. has promoted three people to key positions. Chuck Williamson has been promoted to assistant vice president and controller, Tina Epstein Abrams has been promoted to assistant vice president in commercial wholesale brokerage and Tyna …
  The article Topa in California Promotes Three People to Key Posts appeared first on Insurance Journal.
  
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• Student Sues Montana University Over ‘Negligent’ Sex Offender Hire

  09-06-2015 17:39
  
  A former student is suing Montana State University for hiring a convicted sex offender as a music professor, saying the school’s negligence allowed Shuichi Komiyama to manipulate and rape her. The Bozeman Daily Chronicle reported that the judge has not …
  The article Student Sues Montana University Over ‘Negligent’ Sex Offender Hire appeared first on Insurance Journal.
  
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• U.S. Supreme Court Rejects NRA Challenge to San Francisco Gun Law

  09-06-2015 17:26
  
  The U.S. Supreme Court turned away a National Rifle Association challenge to a San Francisco law that requires people who store handguns at home to either put them in a lockbox or disable them with a trigger lock. Over two …
  The article U.S. Supreme Court Rejects NRA Challenge to San Francisco Gun Law appeared first on Insurance Journal.
  
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• The Chalkboard - Personal auto: flipping the switch

  09-06-2015 17:00
  
  Infographic: Consumers are shopping around for better auto rates, but are they really changing carriers?
  
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• BYOB: liquor liability coverage complications

  09-06-2015 17:00
  
  Welcome to June: The month of baseball games, summer picnics, graduation parties and weddings. Can you guess what coverage issue jumps to mind? That's right: liquor liability.
  
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• BYOB complicates liquor liability

  09-06-2015 17:00
  
  Welcome to June: The month of baseball games, summer picnics, graduation parties and weddings. Can you guess what coverage issue jumps to mind? That's right: liquor liability.
  
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• XL Catlin Launches 24/7 Product Recall Crisis Network in Asia

  09-06-2015 16:48
  
  XL Catlin announced that its product recall insurance team in Asia has launched ”Response XL Catlin,” a tailored network of expert crisis consultants, which will be supported in the region by global communications company Bell Pottinger. With established networks in …
  The article XL Catlin Launches 24/7 Product Recall Crisis Network in Asia appeared first on Insurance Journal.
  
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• Does your current insurance program protect you against stormwater discharge claims?

  09-06-2015 16:34
  
  Regulations related to stormwater runoff can result in expensive fines for violators. Here's what insurance pros need to know.
  
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• Allstate reunites customer with stolen Corvette 43 years after claim payout

  09-06-2015 16:26
  
  Allstate reunited a customer with the 1972 Corvette Stingray that was stolen from her more than 40 years ago.
  
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• 6 ways insurers can limit losses with smarthome technology

  09-06-2015 16:25
  
  Carriers need to find more than the right partners in the connected home market--they also need to tackle challenges associated with increased data, regulatory and privacy concerns.
  
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• Hewlett-Packard’s Insurers to Pay $100M into Autonomy Settlement Fun

  09-06-2015 16:11
  
  Hewlett-Packard Co. confirmed today that it has agreed to a settlement with PGGM Vermogensbeheer B.V., the lead plaintiff in the securities class action arising from the impairment charge taken by HP following its acquisition of Autonomy. In a statement, HP …
  The article Hewlett-Packard’s Insurers to Pay $100M into Autonomy Settlement Fun appeared first on Insurance Journal.
  
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• 100 best sales & marketing ideas: 71-80

  09-06-2015 15:45
  
  Here's how to refresh your sales routine: Document your successes, befriend a devil's advocate and become a branding strategist.
  
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• Israel’s Illusive Networks Aims to Foil Hackers by Directing Them to Fake Data

  09-06-2015 15:39
  
  Israeli start-up Illusive Networks says it can foil cyber hackers by lulling them into thinking they have found a way to steal data, which is actually fake. The company, set up last year, says algorithms in its software are able …
  The article Israel’s Illusive Networks Aims to Foil Hackers by Directing Them to Fake Data appeared first on Insurance Journal.
  
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• Elephant Auto Insurance expansion means 1200 new jobs in Henrico - wtvr.com

  09-06-2015 15:34 via wtvr.com
  
  wtvr.com
  Elephant Auto Insurance expansion means 1200 new jobs in Henrico
  wtvr.com
  HENRICO COUNTY, Va. — Elephant Auto Insurance will expand its U.S. headquarters located off Gaskins Road in the West End of Henrico County. The $2 million expansion will create 1,173 new jobs, Virginia Governor Terry McAuliffe announced Tuesday.
  Elephant Auto Insurance to expand in Henrico, bring 1173 jobsWWBT NBC12 News
  Elephant Auto Insurance to invest $2 million in Henrico County, add 1173 new jobsAugusta Fr
  
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• Roof aging farms study effects of long-term weathering on roofing materials

  09-06-2015 15:12
  
  IBHS has initiated a long-term aging program to study performance of aged roofing materials when subjected to severe weather, high wind or impact tests.
  
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• N.Y. Launches Statewide Multimedia Campaign Against Impaired Driving

  09-06-2015 14:55
  
  New York is launching a statewide multimedia campaign to remind motorists of the deadly impacts of impaired driving. The campaign funded by the Governor’s Traffic Safety Committee will use billboards, radio, television and social media. New York Gov. Andrew Cuomo …
  The article N.Y. Launches Statewide Multimedia Campaign Against Impaired Driving appeared first on Insurance Journal.
  
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• USI Acquires Construction Agency Professionals in New Jersey

  09-06-2015 14:53
  
  USI Insurance Services announced that it has acquired the construction insurance and surety business of Chester, New Jersey-based KORE Group Inc., doing business as Construction Agency Professionals (CAP). This business and its employees will join USI’s West Orange, New Jersey, …
  The article USI Acquires Construction Agency Professionals in New Jersey appeared first on Insurance Journal.
  
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• Supreme Court Rejects Maine’s Obamacare Challenge

  09-06-2015 14:50
  
  The U.S. Supreme Court rejected a bid by Maine to escape one requirement of Obamacare, as the justices prepare to rule on a more far-reaching challenge that might unravel the health-care law. The justices Monday left intact a federal appeals …
  The article Supreme Court Rejects Maine’s Obamacare Challenge appeared first on Insurance Journal.
  
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• Maine Rejected by U.S. Supreme Court on Obamacare Requirement

  09-06-2015 14:50
  
  The U.S. Supreme Court rejected a bid by Maine to escape one requirement of Obamacare, as the justices prepare to rule on a more far-reaching challenge that might unravel the health-care law. The justices Monday left intact a federal appeals …
  The article Maine Rejected by U.S. Supreme Court on Obamacare Requirement appeared first on Insurance Journal.
  
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• Zeitman Named President of Admiral Insurance, Succeeding Carey

  09-06-2015 14:40
  
  Berkley Corp. reported that Steven S. Zeitman has been named president of its excess and surplus lines carrier Admiral Insurance, succeeding James S. Carey. The appointment is effective immediately. Zeitman has nearly 45 years of experience in the property/casualty insurance …
  The article Zeitman Named President of Admiral Insurance, Succeeding Carey appeared first on Insurance Journal.
  
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• Obama Seeks ‘Nimble, Aggressive, Well-Resourced’ Cyber Defense

  09-06-2015 14:28
  
  President Barack Obama vowed on Monday that the United States would aggressively bolster its cyber defenses, as U.S. officials said the probe into a massive breach of federal government networks has yielded growing signs of a direct Chinese role. Obama …
  The article Obama Seeks ‘Nimble, Aggressive, Well-Resourced’ Cyber Defense appeared first on Insurance Journal.
  
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• State rules that affect car insurance quotes

  09-06-2015 14:05
  
  State insurance regulations have a big impact on how much you pay for car insurance and what kind of coverage you are required to carry.
  
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• Who's using what: June 9, 2015

  09-06-2015 14:00
  
  News from Accenture Duck Creek, Verisk, Xuber, Sapiens, IVANS, Wdesk and more.
  
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• HSBC to Cut Up to 50,000 Jobs; Targets Growth of Asia Insurance Business

  09-06-2015 12:55
  
  HSBC will shed almost 50,000 jobs and take an axe to its investment bank, cutting the assets of Europe’s biggest lender by a quarter in a bid to simplify and improve its sluggish performance. The bank said on Tuesday about …
  The article HSBC to Cut Up to 50,000 Jobs; Targets Growth of Asia Insurance Business appeared first on Insurance Journal.
  
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• President Obama ‘Optimistic’ Court Will Uphold Health Insurance Subsidies

  09-06-2015 12:35
  
  The U.S. Supreme Court probably shouldn’t have accepted a lawsuit challenging Obamacare’s health insurance subsidies, President Barack Obama said, calling it an “easy case.” “Frankly it probably shouldn’t have even been taken up,” Obama said Monday at a news conference …
  The article President Obama ‘Optimistic’ Court Will Uphold Health Insurance Subsidies appeared first on Insurance Journal.
  
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• Should U.S. Retaliate for Cyber Attacks?

  09-06-2015 12:29
  
  The Obama administration should retaliate for a cyber-attack on federal employee records that was the worst breach the U.S. government has ever suffered, members of Congress said on Sunday. “There has to be a price to pay for this,” Representative …
  The article Should U.S. Retaliate for Cyber Attacks? appeared first on Insurance Journal.
  
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• Allstate Reunites Owner with ’72 Corvette 43 Years After It Was Stolen

  09-06-2015 12:18
  
  Terry Dietrich celebrated her 62nd birthday by reigniting a teenage romance. The 62-year-old accountant from Duluth, Georgia, was finally reunited last week with the 1972 Corvette Stingray that was stolen from her more than 40 years ago. She described the …
  The article Allstate Reunites Owner with ’72 Corvette 43 Years After It Was Stolen appeared first on Insurance Journal.
  
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• BHSI Launches Liability Policy for Canadian Pension & Benefit Sponsors

  09-06-2015 10:41
  
  Berkshire Hathaway Specialty Insurance (BHSI) has introduced Executive First™ Fiduciary Liability Insurance, a new policy designed to provide straightforward, up-to-date protection for Canadian sponsors of large pension and benefit plans and their directors, officers and employees. “Our Executive First™ Fiduciary …
  The article BHSI Launches Liability Policy for Canadian Pension & Benefit Sponsors appeared first on Insurance Journal.
  
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• RSA Promotes Tiffany to Head of UK Legacy on Commercial Claims Team

  09-06-2015 10:15
  
  RSA, one of the UK’s largest commercial insurers, has promoted Suzy Tiffany to head of UK legacy, with effect from July 1, 2015. Working at RSA for over 10 years, Tiffany has held a number of roles including finance change manager, head …
  The article RSA Promotes Tiffany to Head of UK Legacy on Commercial Claims Team appeared first on Insurance Journal.
  
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• RSA Promotes Tiffany to Head of UK Legacy, Commercial Claims Team

  09-06-2015 10:15
  
  RSA, one of the UK’s largest commercial insurers, has promoted Suzy Tiffany to head of UK legacy, with effect from July 1, 2015. Working at RSA for over 10 years, Tiffany has held a number of roles including finance change manager, head …
  The article RSA Promotes Tiffany to Head of UK Legacy, Commercial Claims Team appeared first on Insurance Journal.
  
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• JLT Re Appoints Walters to Support International Growth, Client Development

  09-06-2015 09:59
  
  JLT Re, the London-based provider of reinsurance broking and capital solutions, announced that Russell Walters has joined as a partner. Bradley Maltese, deputy CEO of UK & Europe, said, “Russell joins JLT Re with over 30 years of reinsurance experience …
  The article JLT Re Appoints Walters to Support International Growth, Client Development appeared first on Insurance Journal.
  
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• Former Tennessee College Police Chief Files Discrimination Suit

  09-06-2015 07:45
  
  The former Chattanooga State Community College director of police services has filed lawsuit claiming she was discriminated against by one of her former bosses and eventually fired on trumped up charges. The lawsuit says Assistant Vice President of Plant Operations …
  The article Former Tennessee College Police Chief Files Discrimination Suit appeared first on Insurance Journal.
  
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• Florida Vet, Wife Charged With Forging Pet Health Certificates

  09-06-2015 07:38
  
  A Lakeland, Fla. veterinarian and his wife have been charged with forging pet health certificates to trick consumers into believing they were buying healthy animals. Dr. Christopher Carrier, owner of Care Animal Clinic in Lakeland, and his wife, Wendy Carrier, …
  The article Florida Vet, Wife Charged With Forging Pet Health Certificates appeared first on Insurance Journal.
  
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• Blue Bell Reviewing Report of Listeria in Alabama-Made Ice Cream

  09-06-2015 07:28
  
  Blue Bell Creameries is reviewing a report from a private laboratory that found evidence of listeria in a carton of ice cream manufactured at its Alabama plant. Brent McRae, 75, of Florida, who had recently eaten Blue Bell’s Cookies `n …
  The article Blue Bell Reviewing Report of Listeria in Alabama-Made Ice Cream appeared first on Insurance Journal.
  
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• MarketScout Adds Thompson in Dallas

  09-06-2015 07:26
  
  Insurance distribution and underwriting company, MarketScout, has hired Kirt Thompson as its new claim services manager. Thompson is based in the corporate office in Dallas. Prior to joining MarketScout, Thompson served as the corporate workers’ compensation manager for one of …
  The article MarketScout Adds Thompson in Dallas appeared first on Insurance Journal.
  
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• Some companies boosting rates on federally run insurance marketplace - Columbus Dispatch

  09-06-2015 06:08 via dispatch.com
  
  Columbus Dispatch
  Some companies boosting rates on federally run insurance marketplace
  Columbus Dispatch
  The nearly 189,000 Ohioans who rely on health coverage purchased through the federally run insurance marketplace shouldn't expect the dust to settle anytime soon. As the marketplace ramps up for its third year, many insurance companies are still ...
  
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• Nonunion car washes bash pricey insurance requirements - New York Post

  09-06-2015 05:24 via nypost.com
  
  New York Post
  Nonunion car washes bash pricey insurance requirements
  New York Post
  Owners of nonunion carwashes charged Monday that they're getting hosed by a City Council bill that would force them to buy more insurance than their unionized competitors. “This is extortion plain and simple,” said Steve Rotlevi, head of the Car Wash ...and more »
  
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• Problem Solvers: 86-year-old man's home insurance refuses to cover caved-in ... - Fox17

  09-06-2015 04:54 via fox17online.com
  
  Fox17
  Problem Solvers: 86-year-old man's home insurance refuses to cover caved-in ...
  Fox17
  SHELBYVILLE, Mich.— A homeowner in West Michigan is footing a $30,000 bill to repair a home he's owned for 35 years. This after the living room, and kitchen ceiling came crashing in. He called the Fox 17 Problem Solvers after his insurance company ...
  
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• HCMC striving to attract more patients with private insurance - Minneapolis Star Tribune

  09-06-2015 04:37 via startribune.com
  
  Minneapolis Star Tribune
  HCMC striving to attract more patients with private insurance
  Minneapolis Star Tribune
  Patient visits are up, administrative costs are down and an operating loss has been replaced by a profit at Hennepin County Medical Center. But the hospital still hopes to attract more patients with private insurance. By Rochelle Olson Star Tribune ...
  
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• Young Cancer Patient Battles Disease and Insurance Company - NBC 6 South Florida

  09-06-2015 03:31 via nbcmiami.com
  
  NBC 6 South Florida
  Young Cancer Patient Battles Disease and Insurance Company
  NBC 6 South Florida
  Experts say Manny Alvarez's cancer diagnosis is rarer than being struck by lightning, and he is fighting an uphill battle for the treatment he desperately needs. (Published Monday, Jun 8, 2015). A young South Florida man is battling cancer with the ...
  Insurance Denies Claim For Patient With Rare CancerCBS Localall 2 news articles »
  
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