Insurance news

• The truth about car insurance - KOMO News

  31-07-2015 21:33 via komonews.com
  
  KOMO News
  The truth about car insurance
  KOMO News
  Car insurance commercials tout low rates but don't tell you just how the companies set those rates. Consumer Reports' two-year investigation found that many major insurance companies base prices in part on a hidden credit score that can take into ...
  Secrets of car insurance pricesConsumerReports.org
  Consumer Reports: How credit history affects car insuranceWLS-TV
  Why use credit scores to set car insurance rates?CBS News
  TIME -The F
  
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• Is a long-term-care/life-insurance combo better than a straight one? - MarketWatch

  31-07-2015 20:46 via marketwatch.com
  
  MarketWatch
  Is a long-term-care/life-insurance combo better than a straight one?
  MarketWatch
  Dan Moisand, a Principal at Moisand Fitzgerald Tamayo, LLC in Melbourne and Orlando, Fla., is one of the financial planning profession's most respected practitioners advising retirees and near retirees. Dan's thoughts can be found in bylined articles ...and more »
  
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• Freberg Environmental Names Miller Senior Vice President in Colorado

  31-07-2015 19:57
  
  Freberg Environmental Insurance has named Renee Miller to lead its environmental consultants and contracting program. Miller will be based in Denver and lead Freberg’s environmental program providing general liability, contractors’ pollution and professional liability for environmental firms. Miller joins Freberg …
  The article Freberg Environmental Names Miller Senior Vice President in Colorado appeared first on Insurance Journal.
  
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• Paychex Insurance ranked among top US brokers - Rochester Democrat and Chronicle

  31-07-2015 19:04 via democratandchronicle.com
  
  Paychex Insurance ranked among top US brokers
  Rochester Democrat and Chronicle
  Paychex Insurance Agency ranks 26th on a list of the 100 largest brokers of U.S. business. The rankings appear in the July issue of Business Insurance magazine, the leading trade magazine for the commercial insurance industry, and is based on revenues ...and more »
  
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• SASSI Expands Workers’ Comp Program Into Additional States

  31-07-2015 19:03
  
  SASSI, the Salon and Spa Specialty Insurance agency, has added an additional market for its workers’ compensation insurance program, enabling the agency to write this coverage in additional states. The program is designed to meet the needs of small to …
  The article SASSI Expands Workers’ Comp Program Into Additional States appeared first on Insurance Journal.
  
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• Mississippi Insurance Commissioner Being Challenged in Upcoming Primary - Insurance Journal

  31-07-2015 18:57 via insurancejournal.com
  
  Mississippi Insurance Commissioner Being Challenged in Upcoming Primary
  Insurance Journal
  Second-term Mississippi Insurance Commissioner Mike Chaney is being challenged in the Republican primary by John Mosley, a body shop owner who says insurance companies have gotten away with paying for less-than-perfect replacement parts to repair ...and more »
  
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• Mississippi Insurance Commissioner Being Challenged in Upcoming Primary

  31-07-2015 18:57
  
  Second-term Mississippi Insurance Commissioner Mike Chaney is being challenged in the Republican primary by John Mosley, a body shop owner who says insurance companies have gotten away with paying for less-than-perfect replacement parts to repair damaged vehicles. Chaney supporters criticize …
  The article Mississippi Insurance Commissioner Being Challenged in Upcoming Primary appeared first on Insurance Journal.
  
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• Lockton Announces New Hires for Philadelphia Office

  31-07-2015 18:52
  
  Insurance broker Lockton hired Deana Calvelli as vice president of Retirement Services for Lockton’s Northeast region. Calvelli will lead Lockton’s new retirement practice in the Philadelphia office. The practice will advise clients on 401k and other retirement plans. In her …
  The article Lockton Announces New Hires for Philadelphia Office appeared first on Insurance Journal.
  
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• Olson to Lead the Independent Insurance Agents of Georgia as CEO - Insurance Journal

  31-07-2015 18:47 via insurancejournal.com
  
  Insurance Journal
  Olson to Lead the Independent Insurance Agents of Georgia as CEO
  Insurance Journal
  Betsy K. Olson was appointed chief executive officer of the Independent Insurance Agents of Georgia after a unanimous vote of its Board of Directors on July 29, 2015. Olson will take the reins on September 1. “Betsy is intimately familiar with IIAG's ...
  
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• Olson to Lead the Independent Insurance Agents of Georgia as CEO

  31-07-2015 18:47
  
  Betsy K. Olson was appointed chief executive officer of the Independent Insurance Agents of Georgia after a unanimous vote of its Board of Directors on July 29, 2015. Olson will take the reins on September 1. “Betsy is intimately familiar …
  The article Olson to Lead the Independent Insurance Agents of Georgiaas CEO appeared first on Insurance Journal.
  
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• Massachusetts Senate to Launch Inquiry Into Home Insurance Rate Hikes

  31-07-2015 18:28
  
  The Massachusetts Senate’s oversight body is launching an inquiry into homeowners insurance rate increases approved by the Division of Insurance (DOI) this year after a brutal winter led to increased claims activity. State Senator Mike Barrett (D-Lexington), chair of the …
  The article Massachusetts Senate to Launch Inquiry Into Home Insurance Rate Hikes appeared first on Insurance Journal.
  
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• Mass. Senate to Launch Inquiry Into Home Insurance Rate Hikes

  31-07-2015 18:28
  
  The Massachusetts Senate’s oversight body is launching an inquiry into homeowners insurance rate increases approved by the Division of Insurance (DOI) this year after a brutal winter led to increased claims activity. State Senator Mike Barrett (D-Lexington), chair of the …
  The article Mass. Senate to Launch Inquiry Into Home Insurance Rate Hikes appeared first on Insurance Journal.
  
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• Weather Service Confirms Tornado Struck North Dakota City

  31-07-2015 18:15
  
  The National Weather Service has confirmed that storm damage in Tolna, N.D. was caused by a tornado. The tornado last week was rated an EF-1, with an estimated peak wind speed of 110 mph. It was on the ground for …
  The article Weather Service Confirms Tornado Struck North Dakota City appeared first on Insurance Journal.
  
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• Colorado School District Settles With Teacher Who Claimed Discrimination

  31-07-2015 18:12
  
  A southern Colorado school district accused of promoting evangelical Christian ideals has reached a settlement with a teacher who filed a lawsuit claiming religious discrimination. Robert Basevitz, who is Jewish, filed a suit in May saying that the Fremont RE-2 …
  The article Colorado School District Settles With Teacher Who Claimed Discrimination appeared first on Insurance Journal.
  
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• 19 Oklahoma Counties Denied Federal Disaster Assistance

  31-07-2015 18:08
  
  Gov. Mary Fallin says the federal government has rejected the state’s request for disaster assistance for 19 Oklahoma counties affected by severe weather, flooding and tornadoes in May and June. Fallin said Wednesday the Federal Emergency Management Agency denied the …
  The article 19 Oklahoma Counties Denied Federal Disaster Assistance appeared first on Insurance Journal.
  
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• Another Power Outage Hits Large Southern California City

  31-07-2015 17:59
  
  Hundreds of residents and businesses in Long Beach, Calif. will be without power until Friday evening, according to reports. Long Beach, a city of nearly half-a-million, was struck by a power outage on Thursday for the second time this month. …
  The article Another Power Outage Hits Large Southern California City appeared first on Insurance Journal.
  
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• Edison Expects 2016 Hearing on $7.57B California Reactor Claim

  31-07-2015 17:56
  
  Edison International expects a hearing to be held next year on its $7.57 billion damage claim against Mitsubishi Heavy Industries Ltd. over the shutdown of a Southern California nuclear power plant. A confidentiality order in the case, being arbitrated by …
  The article Edison Expects 2016 Hearing on $7.57B California Reactor Claim appeared first on Insurance Journal.
  
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• Aon’s Q2 2015 Earnings Report: Total Revenue -4%; Net income –41%

  31-07-2015 17:18
  
  Aon’s second quarter earnings report highlights some of the difficulties the re/insurance industry is experiencing. Total revenues from Aon’s combined sector activities decreased by four percent to $2.80 billion from $2.913 billion in Q2, 2014. The percentage decline for the …
  The article Aon’s Q2 2015 Earnings Report: Total Revenue -4%; Net income –41% appeared first on Insurance Journal.
  
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• MetLife Defends Dual Roles for Retirement Brokers

  31-07-2015 14:24
  
  MetLife Inc. said its dual roles of offering retirement products and advising customers are threatened by a U.S. Labor Department proposal that was designed to make sure savers’ interests are put first. “Without substantial modifications, the proposal could force companies …
  The article MetLife Defends Dual Roles for Retirement Brokers appeared first on Insurance Journal.
  
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• Intellectual Property: Conan O’Brien, Doobie Brothers, ‘Happy Birthday’, Michael Jordan

  31-07-2015 14:15
  
  Conan O’Brien Sued Over Jokes Comedian Conan O’Brien was sued for copyright infringement for using several jokes on his late-night talk show that he’s accused of lifting from the Internet. In a complaint filed in San Diego federal court July …
  The article Intellectual Property: Conan O’Brien, Doobie Brothers, ‘Happy Birthday’, Michael Jordan appeared first on Insurance Journal.
  
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• Brit Reports H1 After-Tax Profit of US$6.4M, Compared to $94.5m in 2014

  31-07-2015 14:01
  
  London-based Brit plc, which completed its merger with Fairfax Financial Holdings in the first half of this year, reported operating profit before foreign exchange and transaction related expenses of $70.9 million, compared with $172.3 million in the first half of …
  The article Brit Reports H1 After-Tax Profit of US$6.4M, Compared to $94.5m in 2014 appeared first on Insurance Journal.
  
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• Arch Reports Q2 Net Income of $110.3M, Compared to $202.5M in Q2 2014

  31-07-2015 13:14
  
  Arch Capital Group Ltd., headquartered in Bermuda, reported second quarter net income of $110.3 million, or $0.88 per share, compared to $202.5 million, or $1.48 per share, for the 2014 second quarter. Net income available to Arch common shareholders for …
  The article Arch Reports Q2 Net Income of $110.3M, Compared to $202.5M in Q2 2014 appeared first on Insurance Journal.
  
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• Hacker Claims to Open GM’s OnStar App, Start Engine Remotely

  31-07-2015 12:46
  
  A researcher is advising drivers not to use a mobile app for General Motors Co.’s OnStar vehicle communications system, saying hackers can exploit a security flaw in the product to unlock cars and start engines remotely. “White-hat” hacker Samy Kamkar …
  The article Hacker Claims to Open GM’s OnStar App, Start Engine Remotely appeared first on Insurance Journal.
  
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• U.S. Issues Final Oil Train Safety Rules

  31-07-2015 12:41
  
  The Obama administration on Wednesday released a new regulation intended to prevent explosive rail disasters such as the 2013 oil train derailment that killed 47 people and destroyed part of Lac-Megantic, Quebec. The new rule by the Federal Railroad Administration …
  The article U.S. Issues Final Oil Train Safety Rules appeared first on Insurance Journal.
  
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• Best Analyzes Changes to Brazilian Local Reinsurance Market

  31-07-2015 12:04
  
  A.M. Best has released a new briefing focusing on the National Council of Private Insurance issuance of CNSP Resolution CNSP No. 322, which decreases the amount of premiums that Brazil’s local insurers must “place” with local reinsurers, from 40 percent …
  The article Best Analyzes Changes to Brazilian Local Reinsurance Market appeared first on Insurance Journal.
  
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• UK's Allianz Insurance Partners with Pentura to Provide Cyber Risk Services - Insurance Journal

  31-07-2015 11:28 via insurancejournal.com
  
  UK's Allianz Insurance Partners with Pentura to Provide Cyber Risk Services
  Insurance Journal
  Allianz Insurance has joined forces with cyber risk management company, Pentura, to provide commercial customers with help and guidance to improve cyber security. As part of the partnership, Pentura, which is based in Reading, England, will provide ...
  
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• UK’s Allianz Insurance Partners with Pentura to Provide Cyber Risk Services

  31-07-2015 11:28
  
  Allianz Insurance has joined forces with cyber risk management company, Pentura, to provide commercial customers with help and guidance to improve cyber security. As part of the partnership, Pentura, which is based in Reading, England, will provide Allianz Commercial policyholders …
  The article UK’s Allianz Insurance Partners with Pentura to Provide Cyber Risk Services appeared first on Insurance Journal.
  
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• Investment Return Moves up Boardroom Agenda for Europe Insurers: A.M. Best

  31-07-2015 11:09
  
  The pursuit of improved investment returns has become more important for European insurers after a lengthy period when their attention was more focused on non-investment sources of profit, according to a report published by A.M. Best. How an insurer might …
  The article Investment Return Moves up Boardroom Agenda for Europe Insurers: A.M. Best appeared first on Insurance Journal.
  
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• Willis Appoints Messer Regional Leader for Latin American Aviation

  31-07-2015 11:07
  
  Willis Group Holdings announced the appointment of Thomas Messer as Regional Leader of aviation in Latin America with immediate effect. Messer joined Willis in 2002 and has served in a variety of roles within the aerospace re/insurance market – most recently …
  The article Willis Appoints Messer Regional Leader for Latin American Aviation appeared first on Insurance Journal.
  
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• CGSC Appoints Hooper, Newman, Ruggieri to Holding Company Board

  31-07-2015 11:01
  
  Global broker Cooper Gay Swett & Crawford (CGSC) has appointed three senior officers to its board of directors with immediate effect. Shaun Hooper, CEO of CGSC International, Gordon Newman, CEO of CGNMB and Thomas P Ruggieri, CEO & President of …
  The article CGSC Appoints Hooper, Newman, Ruggieri to Holding Company Board appeared first on Insurance Journal.
  
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• Investigators: FAA Guidance Lacking in Wisconsin Midair Collision

  31-07-2015 07:59
  
  A lack of guidance from the Federal Aviation Administration and improper training were significant factors in the midair collision of two skydiving planes over northwestern Wisconsin about two years ago, according to aviation investigators. The National Transportation Safety Board has …
  The article Investigators: FAA Guidance Lacking in Wisconsin Midair Collision appeared first on Insurance Journal.
  
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• 3 Firefighters Hurt in Houston Blaze; Man Charged with Arson

  31-07-2015 07:58
  
  Houston police say a man has been accused of starting an apartment complex blaze on July 28 that left three firefighters slightly hurt. Houston City Jail records show 18-year-old Danny Isidoro was being held on a charge of reckless arson. …
  The article 3 Firefighters Hurt in Houston Blaze; Man Charged with Arson appeared first on Insurance Journal.
  
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• Public-Private Catastrophe Scheme in UK Would Help Mitigate Cyber-9/11: Study

  31-07-2015 07:50
  
  A public-private, cyber-catastrophe reinsurance arrangement would improve the UK’s resilience against the growing threat of cyber risks in this interconnected world, according to a cyber report released this week. Given the fact that the current market for cyber insurance is …
  The article Public-Private Catastrophe Scheme in UK Would Help Mitigate Cyber-9/11: Study appeared first on Insurance Journal.
  
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• Texas Company Fined $112K for Safety Violations at Energy Facility

  31-07-2015 07:38
  
  The federal Occupational Safety and Health Administration has cited Southcross Energy Partners GP LLC for seven safety violations at its cryogenic natural gas processing facility in Gregory, Texas. Safety officials have proposed penalties of $112,000 against the company. OSHA said …
  The article Texas Company Fined $112K for Safety Violations at Energy Facility appeared first on Insurance Journal.
  
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• Davis, LeStourgeon Join Cincinnati Re in Management Positions

  31-07-2015 07:28
  
  John A. Davis and Paul B. LeStourgeon have joined The Cincinnati Insurance Co. in its newly expanded reinsurance assumed initiative known as Cincinnati Re. Davis, managing director, head of casualty reinsurance, will oversee the strategic direction, underwriting and marketing of the company’s casualty …
  The article Davis, LeStourgeon Join Cincinnati Re in Management Positions appeared first on Insurance Journal.
  
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• Texas DPS Takes 1.7K Commercial Vehicles Out of Service

  31-07-2015 07:24
  
  The Texas Department of Public Safety (DPS) said during its inspection of 7,865 commercial motor vehicles in June it pulled approximately 21.7 percent, or 1,710, of the 18-wheelers, buses and other commercial vehicles inspected out of service for a variety …
  The article Texas DPS Takes 1.7K Commercial Vehicles Out of Service appeared first on Insurance Journal.
  
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• Michigan Insurance Regulators: Consumer Complaints Up in 2014 - Insurance Journal

  31-07-2015 07:20 via insurancejournal.com
  
  Michigan Insurance Regulators: Consumer Complaints Up in 2014
  Insurance Journal
  Announcing it assisted 172,913 consumers across the state in 2014, the Michigan Department of Insurance and Financial Services said consumer complaints increased last year compared to 2013. Health insurance generated the most complaints in 2014 ...
  
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• Michigan Insurance Regulators: Consumer Complaints Up in 2014

  31-07-2015 07:01
  
  Announcing it assisted 172,913 consumers across the state in 2014, the Michigan Department of Insurance and Financial Services said consumer complaints increased last year compared to 2013. Health insurance generated the most complaints in 2014 with 1,795 formal complaints, followed by automobile …
  The article Michigan Insurance Regulators: Consumer Complaints Up in 2014 appeared first on Insurance Journal.
  
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• Authorities: Thieves Targeting Personal Vehicles of Atlanta Firefighters

  31-07-2015 06:45
  
  Atlanta firefighters have been warned to keep their vehicles free of valuables after authorities say thieves are targeting the vehicles while the firefighters are working. Multiple media outlets report that four pickup trucks at Fire Station No. 11 in the …
  The article Authorities: Thieves Targeting Personal Vehicles of Atlanta Firefighters appeared first on Insurance Journal.
  
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• South Florida a Haven for All Types of Fraud

  31-07-2015 06:26
  
    Need a phony ID? A fraudulent tax refund? Insurance money from a sham car crash? Florida may have just what you’re looking for. Since the first settlers hacked their way into the mangrove tangles and drained much of the …
  The article South Florida a Haven for All Types of Fraud appeared first on Insurance Journal.
  
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• Far fewer without health insurance in Texas - Houston Chronicle (subscription)

  31-07-2015 05:33 via houstonchronicle.com
  
  Houston Chronicle (subscription)
  Far fewer without health insurance in Texas
  Houston Chronicle (subscription)
  Elena Marks, president and CEO of the Episcopal Health Foundation, explains the organization's funding goals and strategies during a Wednesday news conference. Elena Marks, president and CEO of the Episcopal Health Foundation,... A snapshot of the ...and more »
  
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• Moriarty brothers deny insurance fraud allegations - Insurance News Net

  31-07-2015 05:06 via insurancenewsnet.com
  Moriarty brothers deny insurance fraud allegations
  Insurance News Net
  July 30 --Attorneys for two nephews of disgraced Grover Beach financier Al Moriarty are crying foul over the California Department of Insurance's pursuit of felony insurance fraud charges against their clients even though local prosecutors had already ...and more »
  
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• Maine health insurance co-op is only one of its kind to earn profit last year - Press Herald

  31-07-2015 04:24 via pressherald.com
  
  Yahoo News
  Maine health insurance co-op is only one of its kind to earn profit last year
  Press Herald
  Most of the co-ops established under the Affordable Care Act struggled financially, federal audit shows. From staff and news services. Share. facebook · tweet · email. print Comment. Read Article. A Maine nonprofit health insurance co-op established ...
  Audit: Health law's nonprofit insurance co-ops awash in red inkWLWT Cincinnati
  Health law's nonprofit insurance co-ops aw
  
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• Introducing Zhong An, China's First Online Insurance Firm - Bloomberg

  31-07-2015 03:42 via bloomberg.com
  
  Introducing Zhong An, China's First Online Insurance Firm
  Bloomberg
  Wayne Xu, COO of Zhong An Insurance, discusses the online insurance market and the company's growth strategy with Bloomberg's Yvonne Man on "First Up." (Source: Bloomberg). Related. Tujia: China's Answer to Airbnb? Most Recent Videos. European ...
  
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• Is Climate Change Now Its Own Industry?

  31-07-2015 02:16
  
  Interest in climate change is becoming an increasingly powerful economic driver, so much so that some see it as an industry in itself whose growth is driven in large part by policymaking. The $1.5 trillion global “climate change industry” grew …
  The article Is Climate Change Now Its Own Industry? appeared first on Insurance Journal.
  
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• Insurance clock ticking - Hillsboro Times Gazette

  31-07-2015 01:22 via timesgazette.com
  
  Hillsboro Times Gazette
  Insurance clock ticking
  Hillsboro Times Gazette
  Nearly 20 local doctors will no longer be part of the United Healthcare insurance network starting Saturday because of a dispute over what doctors say are low reimbursement rates that have remained unchanged for six years. × ...
  
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• Jury hears insurance company's case against couple in arson - WBIR-TV

  31-07-2015 01:06 via wbir.com
  
  WBIR-TV
  Jury hears insurance company's case against couple in arson
  WBIR-TV
  Testimony continues Friday in the federal civil trial of a couple accused of burning down their Vonore area home in 2010 and then claiming they were victims of a hate crime. Loading… Post to Facebook. Jury hears insurance company's case against couple ...and more »
  
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• Ice, water, and mold: An insurance nightmare - WKBW-TV

  31-07-2015 01:03 via wkbw.com
  
  WKBW-TV
  Ice, water, and mold: An insurance nightmare
  WKBW-TV
  One family in Tonawanda is still dealing with the effects of the last brutal winter in the form of an insurance nightmare. Mold and unlivable conditions are forcing that family to live in a trailer on their front lawn. They are still working with the ...
  
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