Insurance news

• Bill Cosby -- Insurance Co. Wants Off the Hook If Sexual Assault Allegations Stick - TMZ.com

  26-06-2015 23:36 via tmz.com
  
  TMZ.com
  Bill Cosby -- Insurance Co. Wants Off the Hook If Sexual Assault Allegations Stick
  TMZ.com
  0626-bill-cosby-tmz-01 Bill Cosby is being sued by a company that fears it might be on the hook if the comedian defamed 3 of his accusers by calling their claims BS. Cosby's homeowners insurance company has filed a lawsuit claiming it has absolutely no ...and more »
  
  Read more

• Why Tom Cruise Fired Mission: Impossible's Insurance Company - Cinema Blend

  26-06-2015 21:29 via cinemablend.com
  
  Cinema Blend
  Why Tom Cruise Fired Mission: Impossible's Insurance Company
  Cinema Blend
  Making movies is an expensive undertaking, and stars are incredibly valuable to a film's production. When these two things combine the result is often an insurance company that dictates what a star can and cannot do in a film. So what happens when the ...and more »
  
  Read more

• Looking To Stay On Your Partner's Insurance? It May Be Time To Get Married - TIME

  26-06-2015 20:41 via time.com
  
  TIME
  Looking To Stay On Your Partner's Insurance? It May Be Time To Get Married
  TIME
  It's official. The Supreme Court ruled 5-4 in favor of legalizing gay marriage across the U.S., opening up the rite of commitment to any person regardless of their sexuality. It's a historic moment–and the last thing that's on many peoples minds is ...
  Supreme Court Upholds Key Obamacare Insurance SubsidiesWashington Free Beacon
  High court upholds same-sex marriage rightsBusiness Insurance
  Pau
  
  Read more

• Allied World Top Backer of Puerto Rico Municipal Bond

  26-06-2015 20:30
  
  Allied World Assurance Co. is the top backer of MatlinPatterson Global Advisers’ bets on Puerto Rico’s rebound, according to a person familiar with the arrangement. The insurer provided more than half of the $150 million that MatlinPatterson invested in the …
  The article Allied World Top Backer of Puerto Rico Municipal Bond appeared first on Insurance Journal.
  
  Read more

• Advertisement

• King v. Burwell ruling good news for carriers

  26-06-2015 19:29
  
  The Supreme Court’s ruling upholding Obamacare’s subsidies has positive credit implications for insurance carriers, according to Moody’s.
  
  Read more

• Where federal health insurance fails autistic children - Federal Times

  26-06-2015 19:25 via federaltimes.com
  
  Federal Times
  Where federal health insurance fails autistic children
  Federal Times
  When Matt Crockett's 2-year-old son Mark was diagnosed with autism, the Air Force Reserve technician assumed his government insurance would help cover the cost of the treatment. He discovered the Federal Employee Health Benefits Program (FEHBP) ...
  
  Read more

• Dale Randol Takes Reins at San Antonio's IBC Insurance - Insurance Journal

  26-06-2015 19:05 via insurancejournal.com
  
  Dale Randol Takes Reins at San Antonio's IBC Insurance
  Insurance Journal
  Dale Randol has been promoted to president and CEO of San Antonio-based IBC Insurance. He replaces his father, Edwin “Eddie” Randol, who becomes chairman of the agency. Both men began their IBC tenures in 2000 when IBC acquired Eddie M.
  
  Read more

• Obamacare Tax Subsidy Recipients in Northeast Express Relief

  26-06-2015 19:00
  
  The U.S. Supreme Court’s decision to uphold the tax subsidies for health insureds across the country means consumers in the Northeast can continue to receive federal subsidies on health insurance plans purchased through federal marketplaces. The following are some of …
  The article Obamacare Tax Subsidy Recipients in Northeast Express Relief appeared first on Insurance Journal.
  
  Read more

• Advertisement

• Dale Randol Takes Reins at San Antonio’s IBC Insurance

  26-06-2015 18:57
  
  Dale Randol has been promoted to president and CEO of San Antonio-based IBC Insurance. He replaces his father, Edwin “Eddie” Randol, who becomes chairman of the agency. Both men began their IBC tenures in 2000 when IBC acquired Eddie M. …
  The article Dale Randol Takes Reins at San Antonio’s IBC Insurance appeared first on Insurance Journal.
  
  Read more

• Officials Seek Cause of $200K in Damage to Bismarck Event Center

  26-06-2015 18:42
  
  Severe thunderstorms late last week caused about $200,000 of damage at the newly expanded Bismarck Event Center. A lobby area was flooded by several inches of muddy rainwater, and excess water also damaged six wooden doors and some electrical boxes, …
  The article Officials Seek Cause of $200K in Damage to Bismarck Event Center appeared first on Insurance Journal.
  
  Read more

• ACE Taps Mandeville to Lead Surety Operations in West

  26-06-2015 18:35
  
  Scott Mandeville has joined the ACE Group as vice president, Surety Underwriting, and regional manager for the Surety division in the Western region. The division includes the states of Alaska, Arizona, California, Colorado, Hawaii, Idaho, Montana, Nevada, Oregon, Utah, Washington and Wyoming. …
  The article ACE Taps Mandeville to Lead Surety Operations in West appeared first on Insurance Journal.
  
  Read more

• Judge Won’t Budge on Start of Minnesota Levee Construction

  26-06-2015 18:25
  
  Construction of a ring levee that’s related to a Red River diversion project around the Fargo and Moorhead, Minn., area must remain on hold, a federal judge from Minnesota has ruled. U.S. District Judge John Tunheim in May put levee …
  The article Judge Won’t Budge on Start of Minnesota Levee Construction appeared first on Insurance Journal.
  
  Read more

• Marriage Right Doesn’t Protect Gays in Employment or Housing

  26-06-2015 18:16
  
  The U.S. Supreme Court may have written the most consequential words in the history of gay rights with its recognition of same-sex marriage. But those words won’t be the last. While same-sex marriage was already legal in most of the …
  The article Marriage Right Doesn’t Protect Gays in Employment or Housing appeared first on Insurance Journal.
  
  Read more

• Marriage Right Doesn’t Protect Gays in Employment, Commerce or Housing

  26-06-2015 18:16
  
  The U.S. Supreme Court may have written the most consequential words in the history of gay rights with its recognition of same-sex marriage. But those words won’t be the last. While same-sex marriage was already legal in most of the …
  The article Marriage Right Doesn’t Protect Gays in Employment, Commerce or Housing appeared first on Insurance Journal.
  
  Read more

• Penn. Withdraws Its Healthcare Marketplace Plan After Supreme Court Ruling

  26-06-2015 18:14
  
  Pennsylvania Gov. Tom Wolf’s administration said Thursday that it will withdraw its application to take over some functions of the insurance marketplace created under the 2010 federal health care law now that the U.S. Supreme Court has upheld the law’s …
  The article Penn. Withdraws Its Healthcare Marketplace Plan After Supreme Court Ruling appeared first on Insurance Journal.
  
  Read more

• The gay marriage decision was a matter of principle, not practicality

  26-06-2015 18:09
  
  Business came out strong for same-sex marriage. But in the end, the Supreme Court vindicated gay unions nationwide not because of practical workplace concerns, but because of fundamental constitutional principles of liberty.
  
  Read more

• Synergy Professional Associates Expands Lawyers Program to Washington

  26-06-2015 18:07
  
  Synergy Professional Associates has launched a new lawyers professional liability program focused on small law firms in the state of Washington, in partnership with AmTrust Underwriters Inc., an AmTrust Financial Company. The new facility targets small law firms from one …
  The article Synergy Professional Associates Expands Lawyers Program to Washington appeared first on Insurance Journal.
  
  Read more

• Who's using what: June 26, 2015

  26-06-2015 18:01
  
  Acquisition and product launches for Applied Systems, Vertafore, AIR Worldwide, EPIC Insurance Brokers and Consultants, Xuber Insurity, Allied World America and Social Intelligence.
  
  Read more

• Ironshore Launches Security Endorsement for High Net Worth Insureds

  26-06-2015 17:59
  
  Ironshore Personal Lines is introducing a Home and Family Security Endorsement to its High Value Homeowner Program to broaden coverage for losses arising from random attacks or situations impacting high net worth families.  Designed to meet the needs of high …
  The article Ironshore Launches Security Endorsement for High Net Worth Insureds appeared first on Insurance Journal.
  
  Read more

• Louisiana Farmers, Ranchers Brace for Worst Year Since 2008

  26-06-2015 17:54
  
  Flooded fields and fickle temperatures put Louisiana farmers and ranchers in a pensive mood as they gathered here for the Farm Bureau Federation Convention, the state’s largest annual celebration of agriculture. “I’m afraid this year is a nail-biter and a …
  The article Louisiana Farmers, Ranchers Brace for Worst Year Since 2008 appeared first on Insurance Journal.
  
  Read more

• How Supreme Court Gay Marriage Ruling Affects Employee Benefit Plans

  26-06-2015 17:52
  
  Following the historic Supreme Court decision that same-sex couples have a national right to marry, employers offering domestic partner benefits to unmarried couples may pull back on that offering since employees in all states will be able to marry. Meanwhile, …
  The article How Supreme Court Gay Marriage Ruling Affects Employee Benefit Plans appeared first on Insurance Journal.
  
  Read more

• Charges Put Minnesota Archdiocese Insurance Claims at Risk

  26-06-2015 17:50
  
  Lawyers for the Archdiocese of St. Paul and Minneapolis are warning that criminal charges against the corporation could jeopardize insurance coverage that’s being counted on to pay some claims of victims of clergy abuse. The archdiocese faces multiple counts for …
  The article Charges Put Minnesota Archdiocese Insurance Claims at Risk appeared first on Insurance Journal.
  
  Read more

• Arkansas Lawmaker: Flooding Highlights Need for Levee Standards

  26-06-2015 17:47
  
  Changes to Arkansas’ levee system after recent flooding in the state should be on the agenda if the Legislature is called back into session to take up the future of its health insurance marketplace, a key lawmaker said. Republican Sen. …
  The article Arkansas Lawmaker: Flooding Highlights Need for Levee Standards appeared first on Insurance Journal.
  
  Read more

• Beazley Hires Kontonotas as Crime & Fidelity Underwriter in New York

  26-06-2015 17:44
  
  Specialist insurer Beazley hired Michael Kontonotas as an underwriter for the company’s crime & fidelity bond underwriting team. He will work from Beazley’s New York office. Kontonotas has seven years of underwriting experience and was most recently a fidelity and …
  The article Beazley Hires Kontonotas as Crime & Fidelity Underwriter in New York appeared first on Insurance Journal.
  
  Read more

• 4 in 10 midsize businesses have experienced a data breach [Infographic]

  26-06-2015 17:31
  
  According to a new study from The Hartford, midsize businesses have a good chance of experiencing a data breach—if they haven't already.
  
  Read more

• How Supreme Court Marriage Ruling Affects Gay Couples’ Finances

  26-06-2015 17:24
  
  The Supreme Court’s decision to allow same- sex marriage nationwide will remove tax and personal finance headaches that have bedeviled gay couples. The 5-4 decision by the court (Obergefell v. Hodges) is a particularly significant victory for many residents of …
  The article How Supreme Court Marriage Ruling Affects Gay Couples’ Finances appeared first on Insurance Journal.
  
  Read more

• Global Insurance Regulators Postpone Tougher Capital Standards

  26-06-2015 17:05
  
  Global insurance regulators will take more time than previously planned to address industry concerns before applying tougher capital rules to some of the largest companies they oversee. Capital rules for global insurers, known as the Insurance Capital Standard, or ICS, will be pushed back …
  The article Global Insurance Regulators Postpone Tougher Capital Standards appeared first on Insurance Journal.
  
  Read more

• Women in the industry: Scenes from IICF’s Women in Insurance Global Conference [Slideshow]

  26-06-2015 16:47
  
  Women are working together to empower themselves and move up the insurance industry's corporate ladder.
  
  Read more

• How to find the best cyber security insurance for your firm | Reuters - Reuters

  26-06-2015 16:33 via reuters.com
  
  Reuters
  How to find the best cyber security insurance for your firm | Reuters
  Reuters
  A robust cyber security insurance policy can be tricky to procure, even for the most meticulous wealth management firms. Interest in cyber insurance has surged over the past year following a number of high-profile hackings, including one announced ...
  How to find the best cyber security insurance for your firm - Khaleej TimesKhaleej Timesall 18 news articles »
  
  Read more

• How to find the best cyber security insurance for your firm - Reuters

  26-06-2015 16:33 via reuters.com
  
  Reuters
  How to find the best cyber security insurance for your firm
  Reuters
  A robust cyber security insurance policy can be tricky to procure, even for the most meticulous wealth management firms. Interest in cyber insurance has surged over the past year following a number of high-profile hackings, including one announced ...and more »
  
  Read more

• Lawmakers Vow to Review Abandoned Mine Insurance Program

  26-06-2015 15:50
  
  Lawmakers will examine whether a program that allows coal companies to forgo mine cleanup insurance could leave taxpayers with billion dollar costs, leading members of the U.S. House Committee on Natural Resources said on Wednesday. The coal sector is responsible …
  The article Lawmakers Vow to Review Abandoned Mine Insurance Program appeared first on Insurance Journal.
  
  Read more

• Hiscox’s Cruz Joins Starr as National Branch Officer, Field Operations Director

  26-06-2015 15:39
  
  Starr Companies reported that Robert Cruz has joined the firm as national branch officer, director of field operations. In his new role, he will lead the growth and distribution strategy of Starr’s field organization. He will report directly to Chuck …
  The article Hiscox’s Cruz Joins Starr as National Branch Officer, Field Operations Director appeared first on Insurance Journal.
  
  Read more

• Up in smoke: 5 impacts of Lloyd’s of London ending cannabis coverage

  26-06-2015 15:34
  
  Lloyd’s decision to pull out of the marijuana market will have long- and short-term effects on this growing industry.
  
  Read more

• California is on a bumpy road to workers’ compensation recovery

  26-06-2015 15:30
  
  The Golden State’s $16.5 billion workers’ compensation marketplace is stubbornly showing signs of recovery as a result of reform measures introduced two years ago.
  
  Read more

• 4 of 10 Mid-Sized Firms Have Had Data Breach: Survey

  26-06-2015 15:10
  
  Forty-three percent of mid-sized businesses say they have experienced a data breach in the past three years and 13 percent have had a supplier’s data breach impact their business information. Also, according to The Hartford’s survey of midsize business owners …
  The article 4 of 10 Mid-Sized Firms Have Had Data Breach: Survey appeared first on Insurance Journal.
  
  Read more

• Colorado Commissioners Move Injection Well Proposal Forward

  26-06-2015 15:00
  
  A company is closer to putting an injection well online with approval from commissioners in a northwest Colorado county. The Rifle Citizen Telegram reported Garfield County commissioners gave the go-ahead this week to a land use application from Ursa Resources …
  The article Colorado Commissioners Move Injection Well Proposal Forward appeared first on Insurance Journal.
  
  Read more

• FAA complexity, but opportunity with drones

  26-06-2015 15:00
  
  As the Federal Aviation Administration (FAA) continues to take steps to ease restrictions on commercial drone use, State Farm, Erie, Travelers and Amazon have become the most recent household names permitted to test unmanned aerial vehicles (UAV) or unmanned aircraft systems (UAS).
  
  Read more

• Towergate Hires Deakin as Retail Broking Director; Dalgarno as Chief Risk Officer

  26-06-2015 14:28
  
  Towergate is creating a new retail broking division led by Janice Deakin, who will join the group as retail broking director on August 12, subject to regulatory approval. This division will encompass all the Towergate Insurance retail broking businesses, Towergate Insurance …
  The article Towergate Hires Deakin as Retail Broking Director; Dalgarno as Chief Risk Officer appeared first on Insurance Journal.
  
  Read more

• Two Self-Driving Cars Avoid Collision, Says Passenger

  26-06-2015 14:14
  
  Two self-driving prototype cars, one operated by Google Inc. and the other by Delphi Automotive Plc, had a close call on a Silicon Valley street earlier this week, a Delphi executive told Reuters on Thursday. It was believed to be …
  The article Two Self-Driving Cars Avoid Collision, Says Passenger appeared first on Insurance Journal.
  
  Read more

• Ridesharing Apps in California Get Kids Around When Parents Are Busy

  26-06-2015 14:00
  Sacha Simmons used to dread taking a taxi to her high school or someplace else to hang out with her teenage friends when her parents weren’t around to give her a ride. Sometimes, the cab drivers wouldn’t show up or, …
  The article Ridesharing Apps in California Get Kids Around When Parents Are Busy appeared first on Insurance Journal.
  
  Read more

• Delaware Bans ‘Loser-Pays’ Fee-Shifting Bylaws in Corporate Class Actions

  26-06-2015 14:00
  
  Delaware’s governor has signed into law a ban on companies adopting rules that could force investors who bring and lose certain lawsuits to pay the company’s legal costs, disappointing business groups. The U.S. Chamber of Commerce had embraced the use …
  The article Delaware Bans ‘Loser-Pays’ Fee-Shifting Bylaws in Corporate Class Actions appeared first on Insurance Journal.
  
  Read more

• Reinsurance Market’s Evolution Could Affect Its Stability: ‘Acts of God’ Author

  26-06-2015 13:05
  
  First of Two Articles The reinsurance market is moving from coverage of acts of God to one that covers commoditized risks – an evolution that could have long-term implications for market stability and trading large-scale risk, according to an industry expert …
  The article Reinsurance Market’s Evolution Could Affect Its Stability: ‘Acts of God’ Author appeared first on Insurance Journal.
  
  Read more

• Record U.S. drivers will hit the road for July 4th holiday, AAA says

  26-06-2015 13:04
  Americans will take to the roads in record numbers over the July 4 Independence Day holiday as the improving job market and lower fuel prices spur more people to splurge on getaways, a forecast by AAA shows.
  
  Read more

• Greenberg Says Bailout Lawsuit About Government Overstepping Its Bounds

  26-06-2015 12:28
  
  Maurice “Hank” Greenberg said that his partial victory in a lawsuit tied to American International Group Inc.’s bailout isn’t enough, and that he’s seeking financial damages to hold the government accountable. “Our Constitution is a sacred document,” the former chief …
  The article Greenberg Says Bailout Lawsuit About Government Overstepping Its Bounds appeared first on Insurance Journal.
  
  Read more

• EU Capital Markets Plan Must Improve Investor Protections: UK Regulator

  26-06-2015 11:10
  
  The European Union’s plan for a unified capital market needs more work to protect investors from losses if it is to provide the economic boost policymakers’ are hoping for, a top British regulator said on Thursday. Martin Wheatley, chief executive …
  The article EU Capital Markets Plan Must Improve Investor Protections: UK Regulator appeared first on Insurance Journal.
  
  Read more

• Hedge Funds Targeted in Senator Wyden’s Reinsurance Tax Bill

  26-06-2015 09:14
  
  The owners of hedge fund-backed reinsurers, including one tied to John Paulson, could have to pay more taxes or shift their focus under a bill introduced by Senator Ron Wyden to counter what he called abuses by offshore companies. “For …
  The article Hedge Funds Targeted in Senator Wyden’s Reinsurance Tax Bill appeared first on Insurance Journal.
  
  Read more

• Are car insurance firms prejudiced against older people? - The Guardian

  26-06-2015 09:13 via theguardian.com
  
  The Guardian
  Are car insurance firms prejudiced against older people?
  The Guardian
  Sheila Hancock in her Mini Cooper SD Coupe, previously insured by Admiral. Photograph: Graeme Robertson for the Guardian. Shane Hickey. Friday 26 June 2015 03.13 EDT Last modified on Friday 26 June 2015 05.24 EDT. Share on Facebook · Share on ...and more »
  
  Read more

• DUAL Australia Launches Suite of Marine Products with New Team

  26-06-2015 09:00
  
  DUAL, the underwriting arm of the Hyperion Insurance Group*, is delighted to announce the continued expansion of its global marine and energy practice following the launch of a marine offering at DUAL Australia Pty Ltd. DUAL Australia will now offer …
  The article DUAL Australia Launches Suite of Marine Products with New Team appeared first on Insurance Journal.
  
  Read more

• Hiscox Strengthens UK Motor Offering with Purchase of RH Specialist Insurance - Insurance Journal

  26-06-2015 08:43 via insurancejournal.com
  
  Hiscox Strengthens UK Motor Offering with Purchase of RH Specialist Insurance
  Insurance Journal
  Bermuda-based specialist insurer Hiscox announced it has reached an agreement with Willis to acquire its specialist UK classic car business, RH Specialist Insurance. This acquisition complements Hiscox's existing expertise in the motor market, having ...and more »
  
  Read more

• Hiscox Strengthens UK Motor Offering with Purchase of RH Specialist Insurance

  26-06-2015 08:42
  
  Bermuda-based specialist insurer Hiscox announced it has reached an agreement with Willis to acquire its specialist UK classic car business, RH Specialist Insurance. This acquisition complements Hiscox’s existing expertise in the motor market, having offered specialist and classic car insurance …
  The article Hiscox Strengthens UK Motor Offering with Purchase of RH Specialist Insurance appeared first on Insurance Journal.
  
  Read more

Follow @Insurance_Newsl on Twitter!