Insurance news

• North Carolina health systems consider starting insurance plans - Modern ... - ModernHealthcare.com

  21-07-2015 20:02 via modernhealthcare.com
  North Carolina health systems consider starting insurance plans - Modern ...
  ModernHealthcare.com
  One large health system in North Carolina is ready to launch a Medicare Advantage plan, and two others are mulling the pros and cons of becoming a payer. The reason? Nearly every healthcare executive agrees that a hospital or health system today is ...
  
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• Dispute Simmering Between Uber, de Blasio Over Access to NYC Streets

  21-07-2015 18:59
  
  A dispute is simmering between the ride-booking service Uber and Mayor Bill de Blaiso’s City Hall, an increasingly pitched disagreement playing out on smartphones, over the airwaves and in the press over a fundamental question: Who controls access to the …
  The article Dispute Simmering Between Uber, de Blasio Over Access to NYC Streets appeared first on Insurance Journal.
  
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• Midwest Employers Casualty Adds Anderson as Director, Group Captives

  21-07-2015 18:54
  
  St. Louis-based Midwest Employers Casualty Co. (MECC), a W. R. Berkley Co., announced that David R. Anderson has joined MECC as underwriting director of the recently formed workers’ compensation captive practice. Previously, Anderson held underwriting management positions with several large …
  The article Midwest Employers Casualty Adds Anderson as Director, Group Captives appeared first on Insurance Journal.
  
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• FEMA Aid Tops $1M for Arkansas Storm Recovery

  21-07-2015 18:46
  
  Financial aid from the Federal Emergency Management Agency has reached more than $1 million for Arkansas residents in nine counties who were hit by severe storms, tornadoes and flooding from May 7 to June 15. The agency announced that 151 …
  The article FEMA Aid Tops $1M for Arkansas Storm Recovery appeared first on Insurance Journal.
  
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• Louisiana Public Agencies Accept Nearly $250M in BP Settlements

  21-07-2015 18:44
  
  Public agencies in the New Orleans area have accepted about a quarter-billion dollars from BP for economic losses resulting from the 2010 Deepwater Horizon disaster. NOLA.com/The Times-Picayune reports the Southeast Louisiana Flood Protection Authority-East accepted an $8.2 million offer for …
  The article Louisiana Public Agencies Accept Nearly $250M in BP Settlements appeared first on Insurance Journal.
  
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• Berkley Forms Berkley Global Product Recall Management, Hires Lubrano to Lead

  21-07-2015 18:35
  
  W.R. Berkley Corp. has formed Berkley Global Product Recall Management, a W. R. Berkley Co., to aid all types of businesses throughout the world in the prevention and management of product recall incidences. Products and services will be available through …
  The article Berkley Forms Berkley Global Product Recall Management, Hires Lubrano to Lead appeared first on Insurance Journal.
  
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• Travelers Q2 Profit Up 19% on Lower Catastrophe Costs

  21-07-2015 18:33
  
  Travelers Cos., the only property/casualty insurer in the Dow Jones Industrial Average, said second-quarter profit advanced 19 percent as natural disaster costs dropped. Net income climbed to $812 million, or $2.53 a share, from $683 million, or $1.95, a year …
  The article Travelers Q2 Profit Up 19% on Lower Catastrophe Costs appeared first on Insurance Journal.
  
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• Fatalities Increase, Seat Belt Use Decreases in 2015 in NW Missouri

  21-07-2015 18:31
  
  Northwest Missouri has seen a rise in fatal wrecks, and authorities are alarmed because most of the victims weren’t wearing seat belts. A Missouri State Highway Patrol troop for the area reports a 54 percent increase in vehicle fatalities for …
  The article Fatalities Increase, Seat Belt Use Decreases in 2015 in NW Missouri appeared first on Insurance Journal.
  
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• Golf Carts Being Allowed on Streets in More Small Towns in Illinois

  21-07-2015 18:29
  
  It’s not unusual to see residents zipping around on golf carts in many small Illinois communities, as local officials increasingly adopt ordinances to accommodate the popular vehicles. Golf carts are getting the green light as an alternative to cars and …
  The article Golf Carts Being Allowed on Streets in More Small Towns in Illinois appeared first on Insurance Journal.
  
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• Arkansas Cities Back Anti-Discrimination Measures Despite New Law

  21-07-2015 18:28
  
  Most Arkansas municipalities that have adopted broader anti-discrimination protections for gays and lesbians say they’ll keep enforcing the measures despite a new law taking effect this week intended to prohibit such ordinances. Little Rock, Hot Springs and Pulaski County officials …
  The article Arkansas Cities Back Anti-Discrimination Measures Despite New Law appeared first on Insurance Journal.
  
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• Rhode Island’s Attorney General Releases PSA on Dangers of Drunken Driving

  21-07-2015 18:28
  
  Rhode Island’s attorney general has released a public service announcement on the dangers of drunken driving. Peter Kilmartin says the 30-second video focuses on young drivers, who are inexperienced and often don’t consider the consequences of driving while drunk. Kilmartin …
  The article Rhode Island’s Attorney General Releases PSA on Dangers of Drunken Driving appeared first on Insurance Journal.
  
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• Hanover Enhances Fidelity, Crime Coverage

  21-07-2015 18:24
  
  The Hanover Insurance Group, Inc. has launched a new Fidelity & Crime Advantage coverage program offered within its management liability portfolio. The coverage provides businesses with an enhanced product suite to help protect their employees and companies. The Hanover’s Fidelity …
  The article Hanover Enhances Fidelity, Crime Coverage appeared first on Insurance Journal.
  
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• 7 Cars Burned in Lot Near Stadium During Detroit Tigers

  21-07-2015 18:23
  
  A fire at a parking lot near Comerica Park that started during a Detroit Tigers game has destroyed seven vehicles while sending dark smoke billowing into the sky. The Detroit Free Press reports that the fire started around 3:30 p.m. …
  The article 7 Cars Burned in Lot Near Stadium During Detroit Tigers appeared first on Insurance Journal.
  
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• New York’s Utica First to Withdraw From WYO Flood Insurance Program

  21-07-2015 18:02
  
  Utica First Insurance Company in Oriskany, New York, notified its independent agency partners last week that the company will withdraw from the Write Your Own (WYO) Program, a cooperative undertaking of the insurance industry and the Federal Emergency Management Agency’s …
  The article New York’s Utica First to Withdraw From WYO Flood Insurance Program appeared first on Insurance Journal.
  
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• California Judge Orders Kaiser to Broaden Reconstructive Surgery Coverage

  21-07-2015 17:31
  
  A California judge has ruled that Kaiser Permanente cannot systematically classify removal of excess skin following bariatric weight loss surgery as a cosmetic procedure after a trial in a class action case. The trial began in March. The judge did …
  The article California Judge Orders Kaiser to Broaden Reconstructive Surgery Coverage appeared first on Insurance Journal.
  
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• New Mexico Police Use Software to Stop Distracted Driving

  21-07-2015 17:21
  
  Farmington police may be the first in New Mexico to crack down on distracted officers who try to use a patrol computer while driving. New software to prevent distracted driving has been installed in most of the department’s vehicles in …
  The article New Mexico Police Use Software to Stop Distracted Driving appeared first on Insurance Journal.
  
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• 15 Montana Counties Offered Federal Disaster Aid

  21-07-2015 17:18
  
  Ranchers in 15 Montana counties can start getting federal aid to recover losses from this year’s drought. Bruce Nelson of the Montana Farm Service Agency says the ranches affected by the drought are now eligible for the 2015 Livestock Forage …
  The article 15 Montana Counties Offered Federal Disaster Aid appeared first on Insurance Journal.
  
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• California Storms Collapse Bridge, Snarling Traffic

  21-07-2015 17:16
  
  All traffic along a major freeway connecting California and Arizona was blocked indefinitely when a bridge over a desert wash collapsed during heavy rain, and the roadway in the opposite direction suffered severe damage, authorities said. The collapse Sunday of …
  The article California Storms Collapse Bridge, Snarling Traffic appeared first on Insurance Journal.
  
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• Hiscox USA Names Goodwin to Chief Underwriter Post

  21-07-2015 16:13
  
  Specialty insurer Hiscox has  appointed of Nicole Goodwin as chief underwriting officer for Hiscox USA. She will be based in New York City and replaces Gary Head, who will return to Hiscox’s London office to take on the newly-created role …
  The article Hiscox USA Names Goodwin to Chief Underwriter Post appeared first on Insurance Journal.
  
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• Abercrombie Settles Religious Discrimination Case After Supreme Court Ruling

  21-07-2015 16:05
  
  Following a Supreme Court ruling in June against it, clothing retailer Abercrombie & Fitch’s has settled a religious discrimination case over its refusing to hire a Muslim woman who insisted on wearing a headscarf that the clothing retailer said violated …
  The article Abercrombie Settles Religious Discrimination Case After Supreme Court Ruling appeared first on Insurance Journal.
  
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• Abercrombie Settles Religious Accommodation Case After Supreme Court Ruling

  21-07-2015 16:05
  
  Following a Supreme Court ruling in June against it, clothing retailer Abercrombie & Fitch’s has settled a religious discrimination case over its refusing to hire a Muslim woman who insisted on wearing a headscarf that the clothing retailer said violated …
  The article Abercrombie Settles Religious Accommodation Case After Supreme Court Ruling appeared first on Insurance Journal.
  
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• How P/C Insurance Industry Fared in First Quarter

  21-07-2015 15:32
  
  The U.S. property/casualty insurance industry managed to improve its underwriting results and attain higher net investment income to produce a 12.9 percent increase in pre-tax operating income in the first quarter of 2015 over the prior-year first quarter. Higher realized …
  The article How P/C Insurance Industry Fared in First Quarter appeared first on Insurance Journal.
  
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• Update: PartnerRe Reverses Stance, Seeks Talks with Hostile Bidder EXOR

  21-07-2015 15:05
  
  PartnerRe Ltd., the reinsurer that agreed to merge with AXIS Capital Holdings Ltd., said it will enter negotiations with hostile bidder EXOR SpA after the Italian company’s latest cash offer for more than $6.7 billion. “The PartnerRe board has determined that the latest …
  The article Update: PartnerRe Reverses Stance, Seeks Talks with Hostile Bidder EXOR appeared first on Insurance Journal.
  
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• PartnerRe to Seek Negotiations with EXOR After New Hostile Bid

  21-07-2015 15:05
  
  PartnerRe Ltd., the reinsurer that agreed to merge with Axis Capital Holdings Ltd., said it will enter negotiations with hostile bidder EXOR SpA after the Italian company’s latest cash offer for more than $6.7 billion. “The PartnerRe board has determined that the latest …
  The article PartnerRe to Seek Negotiations with EXOR After New Hostile Bid appeared first on Insurance Journal.
  
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• Liberty Int’l Underwriters Names McCarthy Head of Global Crisis Mgmt. Unit

  21-07-2015 13:26
  
  Liberty International Underwriters (LIU), a part of Liberty Mutual Insurance, has appointed Jane McCarthy as global senior vice president of its Global Crisis Management unit which includes kidnap, ransom and extortion; contaminated products; and product recall coverage worldwide. Based in …
  The article Liberty Int’l Underwriters Names McCarthy Head of Global Crisis Mgmt. Unit appeared first on Insurance Journal.
  
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• Liberty Int’l Underwriters Names McCarthy as Head of Global Crisis Mgmt. Unit

  21-07-2015 13:26
  
  Liberty International Underwriters (LIU), a part of Liberty Mutual Insurance, has appointed Jane McCarthy as global senior vice president of its Global Crisis Management unit which includes kidnap, ransom and extortion; contaminated products; and product recall coverage worldwide. Based in …
  The article Liberty Int’l Underwriters Names McCarthy as Head of Global Crisis Mgmt. Unit appeared first on Insurance Journal.
  
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• Liberty International Underwriters Names McCarthy Head of Global Crisis Mgmt.

  21-07-2015 13:26
  
  Liberty International Underwriters (LIU), a part of Liberty Mutual Insurance, has appointed Jane McCarthy as global senior vice president of its Global Crisis Management unit which includes kidnap, ransom and extortion; contaminated products; and product recall coverage worldwide. Based in …
  The article Liberty International Underwriters Names McCarthy Head of Global Crisis Mgmt. appeared first on Insurance Journal.
  
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• Liberty International Underwriters Names McCarthy Head of Global Crisis Management Unit

  21-07-2015 13:26
  
  Liberty International Underwriters (LIU), a part of Liberty Mutual Insurance, has appointed Jane McCarthy as global senior vice president of its Global Crisis Management unit which includes kidnap, ransom and extortion; contaminated products; and product recall coverage worldwide. Based in …
  The article Liberty International Underwriters Names McCarthy Head of Global Crisis Management Unit appeared first on Insurance Journal.
  
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• Liberty International Underwriters Names McCarthy Head of Global Crisis Management

  21-07-2015 13:26
  
  Liberty International Underwriters (LIU), a part of Liberty Mutual Insurance, has appointed Jane McCarthy as global senior vice president of its Global Crisis Management unit which includes kidnap, ransom and extortion; contaminated products; and product recall coverage worldwide. Based in …
  The article Liberty International Underwriters Names McCarthy Head of Global Crisis Management appeared first on Insurance Journal.
  
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• M City: Where All Cars Are Driverless

  21-07-2015 12:42
  
  A simulated city opened Monday on the north campus of the University of Michigan to test how self-driving cars will travel in the future without mowing down pedestrians or causing colossal crashes. “We had the faculty here at the university …
  The article M City: Where All Cars Are Driverless appeared first on Insurance Journal.
  
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• Brazil Economy Challenges Re/Insurers; No Rating Impact Expected: A.M. Best

  21-07-2015 11:48
  
  As Brazil’s sovereign ratings hover just above non-investment grade status, A. M. Best said it is considering the effect a future sovereign downgrade would have on rated re/insurers’ balance sheets and risk-adjusted capitalization, according to a briefing published by the …
  The article Brazil Economy Challenges Re/Insurers; No Rating Impact Expected: A.M. Best appeared first on Insurance Journal.
  
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• ND barley group receives award for work in insurance changes - AG Week

  21-07-2015 11:27 via agweek.com
  
  AG Week
  ND barley group receives award for work in insurance changes
  AG Week
  FARGO, N.D. — The North Dakota Barley Council is getting national kudos for its leadership in overhauling crop insurance for malting barley. For the first time, a Malting Barley Revenue Endorsement will be available in 2016. "It has taken a number of ...
  New Barley Crop Insurance Developed by the North Dakota Barley CouncilFarm and Ranch Guideall 2 news articles »
  
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• Talbot Appoints Sonville Managing Director, Montero Underwriting for Latin Am.

  21-07-2015 11:20
  
  Talbot Underwriting Ltd., a wholly owned subsidiary of Validus Holdings, Ltd., announced the appointment of Luis Sonville as Managing Director of Talbot’s Latin American regional offices (Talbot LATAM). He will manage Talbot’s facultative operations in Miami and Santiago, and will …
  The article Talbot Appoints Sonville Managing Director, Montero Underwriting for Latin Am. appeared first on Insurance Journal.
  
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• Three Insurance Experts Combine Forces - MarketWatch

  21-07-2015 11:00 via marketwatch.com
  
  Three Insurance Experts Combine Forces
  MarketWatch
  Mercury Media, Value Group Direct and Good2Go Auto Insurance combine forces to reach more auto insurance consumers. KING OF PRUSSIA, Pa., July 21, 2015 /PRNewswire/ -- Mercury Media, Value Group Direct, and Good2Go Auto Insurance combine ...and more »
  
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• How Agents View Agency Aggregators

  21-07-2015 11:00
  
  About a quarter of independent insurance agents say they work at a firm that belongs to an aggregator cluster. But very few whose agencies don’t already belong to an aggregator want their firms to join one, a fact challenging the …
  The article How Agents View Agency Aggregators appeared first on Insurance Journal.
  
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• Entire State of South Carolina Now Facing Some Level of Drought

  21-07-2015 09:00
  
  Modest rain and high temperatures this summer have pushed South Carolina into a drought. The South Carolina Drought Response Committee met last week and upgraded the drought status for the entire state. A release from the committee says that 28 …
  The article Entire State of South Carolina Now Facing Some Level of Drought appeared first on Insurance Journal.
  
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• J.M. Wilson Adds Transportation Underwriter to South Carolina Office

  21-07-2015 09:00
  
  J.M. Wilson has added Kayley Dana to their Charleston, S.C., office as transportation underwriter. Dana is responsible for quoting new and renewal transportation risks, and serving independent insurance agents in Georgia, North Carolina, South Carolina, and Tennessee. Prior to joining …
  The article J.M. Wilson Adds Transportation Underwriter to South Carolina Office appeared first on Insurance Journal.
  
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• West Virginia Assessing Damage from Rain, Flooding

  21-07-2015 09:00
  
  Damage assessments are taking place in the 10 West Virginia counties that were drenched by torrential rain and flooding last week. The assessments started on July 16 and are being conducted jointly by state emergency preparedness officials and the Federal …
  The article West Virginia Assessing Damage from Rain, Flooding appeared first on Insurance Journal.
  
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• Florida County Fines Lyft For Operating Without a Permit

  21-07-2015 09:00
  
  The Hillsborough Public Transportation Commission is upholding a previous ruling that the commission can fine the ridesharing company Lyft for allowing drivers to operate without a county permit. The Tampa Tribune reports the agency had the right to fine Lyft …
  The article Florida County Fines Lyft For Operating Without a Permit appeared first on Insurance Journal.
  
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• Investor Control Dooms Private Placement Life Insurance Policy In Webber - Forbes

  21-07-2015 06:19 via forbes.com
  
  Investor Control Dooms Private Placement Life Insurance Policy In Webber
  Forbes
  Jeffrey T. Webber is a venture capital and private-equity fund manager. Seeking, like the rest of us, to mitigate the taxes on his investments, Webber ended up in 1998 in the offices of an estate planner by the name of William Lipkind. As the U.S. Tax ...
  
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• When Insurance Denies Your Hospital Upgrade - U.S. News & World Report

  21-07-2015 06:01 via health.usnews.com
  
  U.S. News & World Report
  When Insurance Denies Your Hospital Upgrade
  U.S. News & World Report
  "You have to say to your plan, 'I want to go out of network and get covered as though I was in the network, and this is my reason why.'" By Lisa Esposito July 21, 2015 | 12:01 a.m. EDT + More. You need heart surgery, and a university hospital in your ...
  
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• Insurance agent gives advice on storm damage claims - WBIR-TV

  21-07-2015 05:27 via wbir.com
  
  WBIR-TV
  Insurance agent gives advice on storm damage claims
  WBIR-TV
  (WBIR) Tornadoes swept through East Tennessee in mid-July, leaving behind a path of destruction in many counties. Now that the storms have passed,. Loading… Post to Facebook. Insurance agent gives advice on storm damage claims (WBIR) Tornadoes ...
  
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• Arson-caused house fires raising insurance for all - WOWK

  21-07-2015 04:20 via wowktv.com
  Arson-caused house fires raising insurance for all
  WOWK
  The bankrupt company behind a chemical spill last year has picked another contractor to clean its contaminated site. The bankrupt company behind a chemical spill last year has picked another contractor to clean its contaminated site.and more »
  
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• Official: New changes to county insurance come at cost - The Daily News Journal

  21-07-2015 04:05 via dnj.com
  
  The Daily News Journal
  Official: New changes to county insurance come at cost
  The Daily News Journal
  MURFREESBORO – Any major changes to the Rutherford County government's insurance plan would likely come with a higher price or a decrease in benefits for employees, said Rutherford County Risk Management Director Melissa Street during a county ...
  
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• Campus health insurance dependent coverage grant requires signing away of some ... - Daily Californian

  21-07-2015 03:08 via dailycal.org
  
  Daily Californian
  Campus health insurance dependent coverage grant requires signing away of some ...
  Daily Californian
  A month before the expiration of dependent coverage under UC Berkeley's Student Health Insurance Plan, some students have struggled with whether to sign up for a campus grant that would help them afford new health insurance but requires releasing their ...and more »
  
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• New Fire Dept. Ranking Could Lower your Insurance Premiums - WBAY

  21-07-2015 01:05 via wbay.com
  
  WBAY
  New Fire Dept. Ranking Could Lower your Insurance Premiums
  WBAY
  Home and business owners in Green Bay and Allouez should soon be saving some money thanks to a national survey ranking the work of the Green Bay Metro Fire Department. The new ranking by the Insurance Service Office could affect insurance ...
  Green Bay Fire Department insurance rating upgradedWeAreGreenBay.comall 4 news articles »
  
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• Cost of insurance forces many in Detroit to 'drive dirty' - Crain's Detroit Business

  21-07-2015 01:02 via crainsdetroit.com
  
  WRAL.com
  Cost of insurance forces many in Detroit to 'drive dirty'
  Crain's Detroit Business
  Crain's Detroit Business is a metered site. Print and digital subscribers have unlimited access to stories, but registered users are limited to eight stories every 30 days. After viewing three metered stories, you'll be asked to register or log in ...
  Cost of insurance forcing many in Detroit to 'drive dirty'WRAL.comall 49 news articles »
  
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