Insurance news

• LP Insurance Names Crockett to Nevada Sales Team

  13-07-2015 23:43
  
  LP Insurance Services Inc. has named Wes Crockett to its southern Nevada sales team. Crockett will be responsible for developing new business relationships as well as retaining and servicing existing clients. Crockett was most recently a senior associate at the …
  The article LP Insurance Names Crockett to Nevada Sales Team appeared first on Insurance Journal.
  
  Read more

• Liberty International to Expand Chilean Business with Purchase of Penta Security

  13-07-2015 20:36
  
  Liberty International Holdings Inc., member of the Liberty Mutual Insurance Group, announced the expansion of its presence in Chile by agreeing to acquire an additional insurance company, Compañia de Seguros  Generales Penta Security S.A., the fourth largest non-life insurer in …
  The article Liberty International to Expand Chilean Business with Purchase of Penta Security appeared first on Insurance Journal.
  
  Read more

• N.H. Seeks to Update Insurance Rules for Health Care Provider Networks

  13-07-2015 18:59
  
  The New Hampshire Insurance Department is moving forward with changing its rules for health care provider networks, but some insurance companies aren’t yet sold on a key part of the proposed approach. Department officials say the rules are ripe for …
  The article N.H. Seeks to Update Insurance Rules for Health Care Provider Networks appeared first on Insurance Journal.
  
  Read more

• N.H. Moves Ahead With Updating Insurance Rules for Health Care Provider Networks

  13-07-2015 18:59
  
  The New Hampshire Insurance Department is moving forward with changing its rules for health care provider networks, but some insurance companies aren’t yet sold on a key part of the proposed approach. Department officials say the rules are ripe for …
  The article N.H. Moves Ahead With Updating Insurance Rules for Health Care Provider Networks appeared first on Insurance Journal.
  
  Read more

• Advertisement

• All Risks Launches Wind Program for Occupied Dwellings, Vacant Buildings

  13-07-2015 18:56
  
  QuickIns, a division of All Risks, Ltd., has launched a new non-admitted wind market on its online and phone quoting platform, QuickIns.com, for tenant occupied dwellings and vacant buildings.  This A.M. Best A-rated carrier offers property and liability coverage (monoline or package), …
  The article All Risks Launches Wind Program for Occupied Dwellings, Vacant Buildings appeared first on Insurance Journal.
  
  Read more

• SNL’s Top 15 Reinsurers: M&A Fails to Push Europeans Out of Leader Spots

  13-07-2015 18:52
  
  SNL Financial published a list of the top 15 global reinsurers last week, showing the major European reinsurers in the top four spots. The ranking is based on 2014 assumed reinsurance premiums for both non-life and life businesses. SNL’s analysis …
  The article SNL’s Top 15 Reinsurers: M&A Fails to Push Europeans Out of Leader Spots appeared first on Insurance Journal.
  
  Read more

• Damage Assessment Tops $20M in Storm-Hit New Jersey Counties

  13-07-2015 18:52
  
  Southern New Jersey towns hit hard by severe storms that ripped through the area last month could be in line to get federal aid to help offset cleanup costs. Federal Emergency Management Agency officials spent a second day in the …
  The article Damage Assessment Tops $20M in Storm-Hit New Jersey Counties appeared first on Insurance Journal.
  
  Read more

• NGM Insurance Introduces Expanded Workers’ Comp. Program in Virginia

  13-07-2015 18:49
  
  The Main Street America Group’s NGM Insurance Co. has introduced an expanded workers’ compensation program in Virginia via its network of independent insurance agents throughout the commonwealth. “The expanded pricing levels in Virginia, available through our additional writing companies, enables …
  The article NGM Insurance Introduces Expanded Workers’ Comp. Program in Virginia appeared first on Insurance Journal.
  
  Read more

• Advertisement

• Connecticut DMV Announces Change in OUI Law

  13-07-2015 18:40
  
  The Connecticut Department of Motor Vehicles recently announced that starting July 1, motorists who are charged with operating under the influence (OUI) of alcohol, drugs or both, and as a result, have their licenses suspended administratively by DMV will be …
  The article Connecticut DMV Announces Change in OUI Law appeared first on Insurance Journal.
  
  Read more

• Connecticut Department of Motor Vehicles Announces Change in OUI Law

  13-07-2015 18:40
  
  The Connecticut Department of Motor Vehicles recently announced that starting July 1, motorists who are charged with operating under the influence (OUI) of alcohol, drugs or both, and as a result, have their licenses suspended administratively by DMV will be …
  The article Connecticut Department of Motor Vehicles Announces Change in OUI Law appeared first on Insurance Journal.
  
  Read more

• Connecticut Workers’ Comp Commission Unveils New Mediation Program

  13-07-2015 18:29
  
  The Connecticut Workers’ Compensation Commission (WCC) on July 1 launched a new program providing mediation opportunities for possible settlement of contested cases. Under the program, parties in a litigated matter may request the services of a commissioner to help mediate …
  The article Connecticut Workers’ Comp Commission Unveils New Mediation Program appeared first on Insurance Journal.
  
  Read more

• Connecticut WCC Unveils New Mediation Program

  13-07-2015 18:29
  
  The Connecticut Workers’ Compensation Commission (WCC) on July 1 launched a new program providing mediation opportunities for possible settlement of contested cases. Under the program, parties in a litigated matter may request the services of a commissioner to help mediate …
  The article Connecticut WCC Unveils New Mediation Program appeared first on Insurance Journal.
  
  Read more

• Missouri Property Owner Sued Over Man’s Elevator Death

  13-07-2015 18:28
  
  The sister of a musician and photographer who fell 18 feet to his death down a downtown St. Louis building’s elevator shaft is suing the former property owner and the elevator’s manufacturer. The lawsuit filed in St. Louis Circuit Court …
  The article Missouri Property Owner Sued Over Man’s Elevator Death appeared first on Insurance Journal.
  
  Read more

• Feds Say Texas Deaths Show DuPont Has ‘Failed’ Safety Program

  13-07-2015 18:21
  
  U.S. regulators on took DuPont to task for a massive gas leak last year that killed four workers at a plant in Texas, placing the chemical company in its “severe violator enforcement program” and saying the accident shows it has …
  The article Feds Say Texas Deaths Show DuPont Has ‘Failed’ Safety Program appeared first on Insurance Journal.
  
  Read more

• Nebraska High Court Reverses Work Comp Ruling Favoring Employee

  13-07-2015 18:17
  
  The omission of one word in a workers’ compensation court ruling favoring a co-op employee hurt during a company party led the Nebraska Supreme Court to reverse the ruling on July 10. The case stems from a 2010 cookout held …
  The article Nebraska High Court Reverses Work Comp Ruling Favoring Employee appeared first on Insurance Journal.
  
  Read more

• Texas-Based Whataburger Says ‘No’ to Open Carry

  13-07-2015 18:14
  
  An iconic Texas restaurant chain will not allow the open carrying of guns on its properties, and industry experts say other restaurants will likely take the same stand against a new state law legalizing the practice in many public places. …
  The article Texas-Based Whataburger Says ‘No’ to Open Carry appeared first on Insurance Journal.
  
  Read more

• Nevada School District to Settle Insurance Broker Suit for $1.65M

  13-07-2015 17:26
  
  The Clark County School District in Nevada says it will pay a former insurance broker $1.65 million to settle a lawsuit that claimed the public agency ended the broker’s contract prematurely. The Las Vegas Sun reported at the time that …
  The article Nevada School District to Settle Insurance Broker Suit for $1.65M appeared first on Insurance Journal.
  
  Read more

• Colorado Asks for Major Disaster Declaration in Wake of Spring Floods

  13-07-2015 17:23
  
  Colorado is asking federal disaster managers for a major disaster declaration in the wake of severe weather and flooding this spring and early summer that impacted 11 counties. The Denver Post reported the Colorado Division of Homeland Security and Emergency …
  The article Colorado Asks for Major Disaster Declaration in Wake of Spring Floods appeared first on Insurance Journal.
  
  Read more

• New Mexico Court Favors Worker in Medical Marijuana Case

  13-07-2015 17:21
  
  The New Mexico Court of Appeals has ruled that a patient in the state’s medical marijuana program who was injured on the job must be reimbursed by an employer for the expense of marijuana used for treatment. The Santa Fe …
  The article New Mexico Court Favors Worker in Medical Marijuana Case appeared first on Insurance Journal.
  
  Read more

• Amtrak Concedes to Liability in Philadelphia Train Derailment Cases

  13-07-2015 16:53
  
  Amtrak said it will concede that it’s liable for most damages caused by the May 12 train derailment in Philadelphia that killed eight passengers and injured dozens. The railroad acknowledged Friday in responses to two lawsuits that it won’t contest …
  The article Amtrak Concedes to Liability in Philadelphia Train Derailment Cases appeared first on Insurance Journal.
  
  Read more

• Lehman Exec Defeats Employee Lawsuit Over Retirement Losses

  13-07-2015 16:39
  
  A U.S. federal judge on Friday dismissed a lawsuit by former Lehman Brothers Holdings Inc employees seeking to hold onetime Chief Executive Richard Fuld liable for their retirement plan losses as the Wall Street bank plunged into its 2008 bankruptcy. …
  The article Lehman Exec Defeats Employee Lawsuit Over Retirement Losses appeared first on Insurance Journal.
  
  Read more

• Willis Appoints Aubert to Executive Committee of London & Int’l Brokers’ Assn.

  13-07-2015 14:50
  
  Willis Group Holdings has appointed Nicolas Aubert, CEO of Willis GB, to the executive committee and board of the London & International Insurance Brokers’ Association (LIIBA)*. In addition, Aubert was named LIIBA representative to the London Market Group (LMG), which …
  The article Willis Appoints Aubert to Executive Committee of London & Int’l Brokers’ Assn. appeared first on Insurance Journal.
  
  Read more

• Massachusetts home insurance rates soar after brutal winter - WCVB Boston

  13-07-2015 12:43 via wcvb.com
  
  WCVB Boston
  Massachusetts home insurance rates soar after brutal winter
  WCVB Boston
  JANET WU REPORTS MANY LAWMAKERS AND MANY OF YOU ARE NOT HAPPY ABOUT IT. Reporter: DID YOU REALLY THINK IT WAS OVER? ANDY HOFFMAN KNOWS BETTER. WE HAD AN INSPECTOR COME IN WITH A WATER METER.
  Brutal Winter Storms Leads to Soaring Massachusetts Home Insurance RatesClaimsJournal.com
  Home insurance rates soar after brutal winterBoston Herald
  Mass. home insurance rates soar after brutal winterConcord Monitorall 40 ne
  
  Read more

• Exposing Insurance Frauds Saves UK Customers $5.588 Million a Day: ABI Study - Insurance Journal

  13-07-2015 11:34 via insurancejournal.com
  
  Post Online
  Exposing Insurance Frauds Saves UK Customers $5.588 Million a Day: ABI Study
  Insurance Journal
  The Association of British Insurers (ABI) has published figures showing that £3.6 million [$5.588 Million] a day is being “saved by exposing insurance cheats.” It is only one of the “factors helping to keep the cost of insurance down for honest ...
  Caught On Camera: Insurance Cheats Slip UpSky Newsall 8 news articles »
  
  Read more

• Exposing Insurance Frauds Saves UK Customers $5.588 Million a Day: ABI Study

  13-07-2015 11:34
  
  The Association of British Insurers (ABI) has published figures showing that £3.6 million [$5.588 Million] a day is being “saved by exposing insurance cheats.” It is only one of the “factors helping to keep the cost of insurance down for …
  The article Exposing Insurance Frauds Saves UK Customers $5.588 Million a Day: ABI Study appeared first on Insurance Journal.
  
  Read more

• Swiss Re Corporate Solutions Names Wally Country Manager South Africa

  13-07-2015 10:47
  
  Swiss Re Corporate Solutions has named Natasha Wally as Country Manager for South Africa. She will head up the company’s wholly owned subsidiary, Swiss Re Corporate Solutions Advisors South Africa Pty. Ltd. Wally will be based in Johannesburg and in …
  The article Swiss Re Corporate Solutions Names Wally Country Manager South Africa appeared first on Insurance Journal.
  
  Read more

• Typhoon Chan-hom Loses Strength as It Moves Toward Korean Peninsula

  13-07-2015 10:33
  
  Typhoon Chan-hom, which caused the evacuation of about a million people and the cancellation of hundreds of air flights in eastern China on Saturday, weakened as it moved northeast along the East China ocean toward the Korean peninsula. Chan-hom was moving …
  The article Typhoon Chan-hom Loses Strength as It Moves Toward Korean Peninsula appeared first on Insurance Journal.
  
  Read more

• PERSPECTIVE: Just say "no" to whole life insurance - The Daily Progress

  13-07-2015 10:20 via dailyprogress.com
  
  PERSPECTIVE: Just say "no" to whole life insurance
  The Daily Progress
  Who wouldn't want an insurance policy that is guaranteed renewable and pays your beneficiary hundreds of thousands of dollars if you die or provides you cash for your retirement. A savings plan and life insurance policy rolled into one! That's ...
  
  Read more

• Deciding whether to get insurance for vacation - Fairbanks Daily News-Miner

  13-07-2015 10:04 via newsminer.com
  Deciding whether to get insurance for vacation
  Fairbanks Daily News-Miner
  FAIRBANKS — Summer is in full swing and many of us are heading out on vacation. Pinching pennies becomes important if we want to fully enjoy this time. The topic of insurance often comes up in relation to vacations. What do you need and what can you ...and more »
  
  Read more

• PartnerRe Weighs New Deal Terms With AXIS to Fend Off EXOR’s Rival Offer

  13-07-2015 09:38
  
  PartnerRe Ltd., seeking to fend off a hostile $6.8 billion cash bid from EXOR SpA, is weighing whether it can arrange new terms with rival reinsurer AXIS Capital Holdings Ltd. to preserve their planned merger. The two Bermuda-based insurers postponed shareholder votes …
  The article PartnerRe Weighs New Deal Terms With AXIS to Fend Off EXOR’s Rival Offer appeared first on Insurance Journal.
  
  Read more

• Lawsuit Filed Over Evacuations in Tennessee Train Derailment

  13-07-2015 06:40
  
  A lawyer says he has filed a lawsuit on behalf of residents who were evacuated when a CSX train car carrying hazardous material derailed and caught fire in East Tennessee on July 1. Maryville attorney Kevin Shepherd said July 10 …
  The article Lawsuit Filed Over Evacuations in Tennessee Train Derailment appeared first on Insurance Journal.
  
  Read more

• Florida Approves Removal of More Than 80,000 Policies from Citizens

  13-07-2015 06:33
  
  The Florida Office of Insurance Regulation (FLOIR) approved the removal of up to 80,000 personal residential policies and 1,050 commercial residential polices from Citizens Property Insurance Corp. (Citizens) by the following three companies: Heritage Property & Casualty Insurance Co. – …
  The article Florida Approves Removal of More Than 80,000 Policies from Citizens appeared first on Insurance Journal.
  
  Read more

• Blue Bell to Test New Quality-Control, Safety Procedures at Alabama Plant

  13-07-2015 06:25
  
    Blue Bell Creameries said July 8 that it plans to test production runs at its Alabama plant as the company inches toward putting its ice cream back on grocery store shelves. Blue Bell notified Alabama health officials and the …
  The article Blue Bell to Test New Quality-Control, Safety Procedures at Alabama Plant appeared first on Insurance Journal.
  
  Read more

• South Carolina High Court Further Reduces Penalty on Janssen Pharmaceuticals

  13-07-2015 06:19
  
  South Carolina’s highest court further reduced the penalty against a Johnson & Johnson subsidiary accused of deceptive marketing of an anti-psychotic drug. The decision was to substitute the same verdict the court reached in February in order to correct a …
  The article South Carolina High Court Further Reduces Penalty on Janssen Pharmaceuticals appeared first on Insurance Journal.
  
  Read more

• The Strain Recap: Occido Insurance - Vulture

  13-07-2015 05:03 via vulture.com
  
  Vulture
  The Strain Recap: Occido Insurance
  Vulture
  As season two of The Strain commences, we flash back to young Abraham (Sammy Silver) dutifully devouring soup with a wooden spoon at the behest of his bubbe (The Affair's Kathleen Chalfant), who's spinning him a carefully chosen yarn about a ...
  
  Read more

• Claiming Musical-Chairs Injury Arkansas Woman Sues for $75K

  13-07-2015 03:52
  
  A former student of a Malvern college wants the state of Arkansas to pay her $75,000 in damages after she said she broke two fingers during a classroom game of musical chairs. Robin Earnest of Saline County said she and …
  The article Claiming Musical-Chairs Injury Arkansas Woman Sues for $75K appeared first on Insurance Journal.
  
  Read more

• Harmful Treatments Get Michigan Doctor 45 Years in Prison

  13-07-2015 03:46
  
  Calling the scheme “horrific,” a judge sentenced a Detroit-area cancer doctor to 45 years in prison for collecting millions from insurance companies while poisoning more than 500 patients through needless treatments that wrecked their health. U.S. District Judge Paul Borman …
  The article Harmful Treatments Get Michigan Doctor 45 Years in Prison appeared first on Insurance Journal.
  
  Read more

• Insurance issues arising from disasters bring little regulatory change to Colorado - Colorado Springs Gazette

  13-07-2015 03:41 via gazette.com
  
  Insurance issues arising from disasters bring little regulatory change to Colorado
  Colorado Springs Gazette
  3 photos photo - Phillip Rice and his dog, Misty, stand outside his new Black Forest + caption Phillip Rice and his dog, Misty, stand outside his new Black Forest home Tuesday, June 9, 2015. After the Black Forest fire destroyed his old home, his ...
  
  Read more

• Texas Seeking Applications for Windstorm Insurance Assoc. Board - Insurance Journal

  13-07-2015 03:33 via insurancejournal.com
  
  Texas Seeking Applications for Windstorm Insurance Assoc. Board
  Insurance Journal
  The Texas Department of Insurance is accepting applications for the Texas Windstorm Insurance Association board of directors after the makeup of the board was changed by the 84th Legislature. Under Senate Bill 900, the board will include: Three board ...and more »
  
  Read more

• JLT Specialty Insurance Appoints Benvenuto as EVP in Chicago

  13-07-2015 03:32
  
  JLT Specialty Insurance Services Inc. (JLT Specialty USA), a U.S. subsidiary of Jardine Lloyd Thompson Group plc. (JLT), appointed Robert “Bennie” Benvenuto as executive vice president and member of the U.S. Executive Committee. He is based in Chicago. Benvenuto will …
  The article JLT Specialty Insurance Appoints Benvenuto as EVP in Chicago appeared first on Insurance Journal.
  
  Read more

• Texas Seeking Applications for Windstorm Insurance Assoc. Board

  13-07-2015 03:29
  
  The Texas Department of Insurance is accepting applications for the Texas Windstorm Insurance Association board of directors after the makeup of the board was changed by the 84th Legislature. Under Senate Bill 900, the board will include: Three board members …
  The article Texas Seeking Applications for Windstorm Insurance Assoc. Board appeared first on Insurance Journal.
  
  Read more

• Kouts Fire Department improves jurisdiction's insurance rating - nwitimes.com

  13-07-2015 03:06 via nwitimes.com
  
  nwitimes.com
  Kouts Fire Department improves jurisdiction's insurance rating
  nwitimes.com
  SOUTH HAVEN | The South Haven Volunteer Fire Department has cut its Insurance Services Office (ISO) rating in half. Read more · Improved Portage fire ratings could mean lower insurance costs. PORTAGE | Years of work by the Portage Fire Department ...
  Washington Township fire department improves insurance ratingThe Macomb Dailyall 3 news articles »
  
  Read more

• Winter bill for homeowners insurance comes due - Boston Globe

  13-07-2015 02:40 via bostonglobe.com
  
  Boston Globe
  Winter bill for homeowners insurance comes due
  Boston Globe
  The bill for the winter's ice dams, cracked roofs, and water-logged walls is coming due as insurers raise premiums on homeowner policies by some of the largest amounts in years, to recoup what they paid out for repairs. The state's biggest insurance ...
  Bloomberg View: Less competition in health insurance isn't always badSalt Lake Tribune
  Study shows competition is not leading to lower health insurance pre
  
  Read more

• Proposed teacher insurance plan a 'union-buster,' labor officials say - Charleston Daily Mail

  13-07-2015 02:31 via charlestondailymail.com
  Proposed teacher insurance plan a 'union-buster,' labor officials say
  Charleston Daily Mail
  A request that the West Virginia Board of Education consider backing a state-funded teacher liability insurance plan, while termed a measure of good will by one school board member, has labor union officials once again saying lawmakers are out of touch ...and more »
  
  Read more

• Insurance rate hiked by 3 percent in Porter Twp. Schools - nwitimes.com

  13-07-2015 01:35 via nwitimes.com
  Insurance rate hiked by 3 percent in Porter Twp. Schools
  nwitimes.com
  2015-07-12T18:30:00Z 2015-07-12T19:05:11Z Insurance rate hiked by 3 percent in Porter Twp. SchoolsSusan O'Leary Times Correspondent nwitimes.com. 6 hours ago • Susan O'Leary Times Correspondent. BOONE GROVE | Summertime is a time for ...
  
  Read more

• UK motor insurance premiums up in second quarter - study - Reuters

  13-07-2015 01:02 via reuters.com
  This is Money
  UK motor insurance premiums up in second quarter - study
  Reuters
  LONDON, July 13 Comprehensive car insurance premiums in Britain rose in the second quarter, with motorists paying 21 pounds ($33) more than a year earlier, a study on showed on Monday. After three years of falling prices, premiums have risen by an ...
  Cost of car insurance accelerates with older drivers hit hardest - but 17-year ...This is Money
  Motor insurance premiums on the rise, according to Confused surveyP
  
  Read more

• ACA event helps migrant workers sign up for health insurance - WRAL.com

  13-07-2015 00:52 via wral.com
  
  WRAL.com
  ACA event helps migrant workers sign up for health insurance
  WRAL.com
  Dunn, N.C. — After picking fruits and vegetables from North Carolina fields for 17 years, Alfredo Montoya now has health insurance. The 48-year-old father of four from Mexico was at Episcopal Farmworker Ministry in Dunn on Sunday to sign up for ...
  
  Read more

Follow @Insurance_Newsl on Twitter!