Insurance news

• Hackers use insurance gadget to remotely control Corvette - Fox News

  13-08-2015 23:46 via foxnews.com
  
  Fox News
  Hackers use insurance gadget to remotely control Corvette
  Fox News
  Car hackers have struck again, this time stopping a Chevrolet Corvette in its tracks, then not letting it stop at all. The vehicle was fitted with a dongle from Metromile that plugs into a car's OBD2 port to provide a stream of data that the company ...
  ​Researchers hack a Corvette's brakes via insurance black boxCNET
  Researchers wirelessly hack a Corvette's brakes using an insurance dongleThe Verge
  Resear
  
  Read more

• Orem homeowners to get option on infrastructure insurance - Daily Herald

  13-08-2015 23:17 via heraldextra.com
  
  Daily Herald
  Orem homeowners to get option on infrastructure insurance
  Daily Herald
  It's every homeowner's nightmare: broken sewer pipes flooding the house and then finding out it's your responsibility to fix. Those costs, particularly if you have to dig up asphalt to the main city line can cost up to $10,000 or more. Most homeowners ...
  
  Read more

• Heritage Insurance Approved to Write Property and Casualty Insurance in North ... - MarketWatch

  13-08-2015 22:33 via marketwatch.com
  
  Heritage Insurance Approved to Write Property and Casualty Insurance in North ...
  MarketWatch
  CLEARWATER, Fla., Aug. 13, 2015 /PRNewswire/ -- Heritage Insurance Holdings, Inc. HRTG, -1.49% a property and casualty insurance holding company, announced today that its subsidiary, Heritage Property & Casualty Company (Heritage P&C), was ...and more »
  
  Read more

• Crushing It Via Customer-Centricity: How USAA Insurance Succeeds Without ... - Forbes

  13-08-2015 22:19 via forbes.com
  
  Crushing It Via Customer-Centricity: How USAA Insurance Succeeds Without ...
  Forbes
  Animated geckos? Flying pigs? Those are the other guys. USAA Insurance, sans gimmicks and animation and an endless loop of radio and TV commercials, has built one of the most successful insurance and financial services operations of our time And ...
  
  Read more

• Advertisement

• Global insurance rates continue their decline - Business Insurance

  13-08-2015 22:06 via businessinsurance.com
  Business Insurance
  Global insurance rates continue their decline
  Business Insurance
  Global insurance rates across most major lines of business continued to decline during the second quarter of 2015, according to Marsh L.L.C.'s latest Global Insurance Market Quarterly Briefing, released Thursday. Commercial insurance rates continue to ...and more »
  
  Read more

• City May Join New Health Insurance Pool - The Missourian

  13-08-2015 21:32 via emissourian.com
  City May Join New Health Insurance Pool
  The Missourian
  Union City Administrator Russell Rost said rates are expected to climb again for the ninth consecutive year. Instead of paying more in health insurance premiums, municipalities across the state are looking to band together. advertisement. Rost ...
  
  Read more

• Harlem Doctor In Fight Of Her Career Over Vengeful Insurance Company: “This Is ... - Madame Noire

  13-08-2015 21:13 via madamenoire.com
  
  Madame Noire
  Harlem Doctor In Fight Of Her Career Over Vengeful Insurance Company: “This Is ...
  Madame Noire
  After an anonymous complaint was made against one NYC doctor eight years ago, the Office of Professional Medial Conduct (OPMC) is now trying to revoke her license. Dr. Delys St. Hill has served in her field for 28 years with no complaints or problems ...
  
  Read more

• Beneficial Insurance Services Acquires Pye Karr Ambler & Co. in Pennsylvania - Insurance Journal

  13-08-2015 21:12 via insurancejournal.com
  
  Beneficial Insurance Services Acquires Pye Karr Ambler & Co. in Pennsylvania
  Insurance Journal
  Beneficial Insurance Services, a subsidiary of Beneficial Bank in Philadelphia, announced that it has acquired Pye Karr Ambler & Co. Inc. (PKA), an independent insurance agency in Jenkintown, Pennsylvania. Terms of the transaction were not disclosed.
  
  Read more

• Advertisement

• Beneficial Insurance Services Acquires Pye Karr Ambler & Co. in Pennsylvania

  13-08-2015 21:12
  
  Beneficial Insurance Services, a subsidiary of Beneficial Bank in Philadelphia, announced that it has acquired Pye Karr Ambler & Co. Inc. (PKA), an independent insurance agency in Jenkintown, Pennsylvania. Terms of the transaction were not disclosed. Beneficial Insurance said the …
  The article Beneficial Insurance Services Acquires Pye Karr Ambler & Co. in Pennsylvania appeared first on Insurance Journal.
  
  Read more

• Beneficial Insurance Services Acquires Pye Karr Ambler & Co. in Pennsylvania

  13-08-2015 21:12
  
  Beneficial Insurance Services, a subsidiary of Beneficial Bank in Philadelphia, announced that it has acquired Pye Karr Ambler & Co. Inc. (PKA), an independent insurance agency in Jenkintown, Pennsylvania. Terms of the transaction were not disclosed. Beneficial Insurance said the …
  The article Beneficial Insurance Services Acquires Pye Karr Ambler & Co. in Pennsylvania appeared first on Insurance Journal.
  
  Read more

• Lockton Hires Sharma as COO of Southeast Operations

  13-08-2015 21:01
  
  Insurance broker Lockton hired Manoj Sharma as chief operating officer of its Southeast operations. He is based in Lockton’s Atlanta office. Sharma succeeds Jason Richardson who recently moved to Colorado for a business venture of his own, Lockton said. At …
  The article Lockton Hires Sharma as COO of Southeast Operations appeared first on Insurance Journal.
  
  Read more

• Team Hillary Took Insurance Lobby Cash - Daily Beast

  13-08-2015 19:30 via thedailybeast.com
  
  Daily Beast
  Team Hillary Took Insurance Lobby Cash
  Daily Beast
  They fought the Affordable Care Act, and helped torpedo Hillarycare. Then they rained money on Clinton loyalists. By Alec MacGillis, ProPublica. When the former head of the U.S. government's health insurance programs was hired in July to run a lobby ...
  
  Read more

• West Virginia to Require Criminal Background Checks for Long-Term Care Workers

  13-08-2015 19:21
  
  West Virginia’s new state program requires criminal background checks for applicants seeking certain jobs at long-term care facilities. Health and Human Resources Secretary Karen L. Bowling announced the launch of the West Virginia Clearance for Access: Registry and Employment Screening, …
  The article West Virginia to Require Criminal Background Checks for Long-Term Care Workers appeared first on Insurance Journal.
  
  Read more

• Obamacare Safety Net Catching People Who Lose Health Insurance - Huffington Post

  13-08-2015 19:07 via huffingtonpost.com
  
  Business Insider
  Obamacare Safety Net Catching People Who Lose Health Insurance
  Huffington Post
  Obamacare isn't just for people who are uninsured today. It's also for people who lose their insurance tomorrow. Headshot of Jeffrey Young. Jeffrey Young Health Care Reporter, The Huffington Post. Posted: 08/13/2015 01:01 PM EDT | Edited: 08/13/2015 ...
  Nearly 1 million shopped for Obamacare insurance since FebruaryWashington Examiner
  Nine in 10 Americans Have Health Insurance, Survey Fi
  
  Read more

• Zurich Upgrades Coverage for Asset Managers as Regulatory Risk Grows

  13-08-2015 19:01
  
  Zurich North America has revised its liability policy for investment advisers, mutual fund and hedge fund managers. Zurich says it has made the changes in response to a rise in regulatory risk fueled by new investigative approaches used by the …
  The article Zurich Upgrades Coverage for Asset Managers as Regulatory Risk Grows appeared first on Insurance Journal.
  
  Read more

• NCCI Seeks Worker’s Comp Loss Costs, Rates Decrease in New Hampshire

  13-08-2015 18:57
  
  The National Council on Compensation Insurance (NCCI ) recently delivered a workers’ compensation loss cost filing to the New Hampshire Insurance Department. NCCI said in its July 31 filing that based upon its review of the most recently available data, …
  The article NCCI Seeks Worker’s Comp Loss Costs, Rates Decrease in New Hampshire appeared first on Insurance Journal.
  
  Read more

• Ohio Company Faces $235K in Fines for Health Violations

  13-08-2015 18:56
  
  A North Lima, Ohio-based ambulance company faces penalties totaling $235,800 for 14 alleged workplace health and safety violations, according to federal safety officials. The U.S. Department of Labor Occupational Safety and Health Administration said an investigation found that Lifefleet LLC …
  The article Ohio Company Faces $235K in Fines for Health Violations appeared first on Insurance Journal.
  
  Read more

• Wisconsin Ginseng Losses Lead to Disaster Designation Request

  13-08-2015 18:50
  
  Gov. Scott Walker is seeking a federal disaster designation for three Wisconsin counties where farmers lost nearly a third of their ginseng crop this spring. Walker’s office asked U.S. Department of Agriculture Secretary Tom Vilsack for the designation for Langlade, …
  The article Wisconsin Ginseng Losses Lead to Disaster Designation Request appeared first on Insurance Journal.
  
  Read more

• Ginseng Losses in Wisconsin Lead to Disaster Designation Request

  13-08-2015 18:50
  
  Gov. Scott Walker is seeking a federal disaster designation for three Wisconsin counties where farmers lost nearly a third of their ginseng crop this spring. Walker’s office asked U.S. Department of Agriculture Secretary Tom Vilsack for the designation for Langlade, …
  The article Ginseng Losses in Wisconsin Lead to Disaster Designation Request appeared first on Insurance Journal.
  
  Read more

• Judgment Against Dallas Firm in Sex Discrimination Case Upheld

  13-08-2015 18:47
  
  A federal judge in Dallas has ordered a physician outsourcing group to end practices of sex discrimination and retaliation, and to report any employee claims of sexual harassment for the next two years. U.S. District Judge Jorge A. Solis made …
  The article Judgment Against Dallas Firm in Sex Discrimination Case Upheld appeared first on Insurance Journal.
  
  Read more

• Judgement Against Dallas Firm in Sex Discrimination Case Upheld

  13-08-2015 18:47
  
  A federal judge in Dallas has ordered a physician outsourcing group to end practices of sex discrimination and retaliation and to report any employee claims of sexual harassment to the agency for the next two years. U.S. District Judge Jorge …
  The article Judgement Against Dallas Firm in Sex Discrimination Case Upheld appeared first on Insurance Journal.
  
  Read more

• Judge OKs Agreement in Arkansas ExxonMobile Oil Leak Suit

  13-08-2015 18:36
  
  A federal judge has signed an agreement among the operators of an oil pipeline and state and federal governments to end a lawsuit filed over a pipeline rupture that soiled land and water in central Arkansas in 2013. U.S. District …
  The article Judge OKs Agreement in Arkansas ExxonMobile Oil Leak Suit appeared first on Insurance Journal.
  
  Read more

• Uber Sued by Dallas Woman in Alleged Sexual Assault Case

  13-08-2015 18:35
  
  A woman who says she was sexually assaulted by an Uber driver in Dallas is suing the ride-hailing company and the suspect. A woman who says she was sexually assaulted by an Uber driver in Dallas is suing the ride-hailing …
  The article Uber Sued by Dallas Woman in Alleged Sexual Assault Case appeared first on Insurance Journal.
  
  Read more

• What’s in a Name? Value of Brand at Issue in Jordan Lawsuit

  13-08-2015 18:32
  
  Michael Jordan was in a federal courtroom in Chicago on Aug. 11 for the start of a civil trial that will scrutinize the market value of the former basketball star’s brand and look at whether a grocery-store chain diluted that …
  The article What’s in a Name? Value of Brand at Issue in Jordan Lawsuit appeared first on Insurance Journal.
  
  Read more

• Blue Cross Seeks 34% Rate Hike in North Carolina for ACA Plans

  13-08-2015 18:25
  
  North Carolina’s largest health insurer says higher-than-anticipated costs after two years of selling federally subsidized coverage has forced it to seek premium increases even greater than it thought would be necessary two months ago. Blue Cross and Blue Shield of …
  The article Blue Cross Seeks 34% Rate Hike in North Carolina for ACA Plans appeared first on Insurance Journal.
  
  Read more

• Pros and Cons of Indexed Universal Life Insurance - Fox Business

  13-08-2015 18:18 via foxbusiness.com
  
  Fox Business
  Pros and Cons of Indexed Universal Life Insurance
  Fox Business
  According to LIMRA, indexed universal life insurance policy premiums increased 23% in 2014. But financial experts warn this product, which was first introduced in 1997, is not for everyone. Robert Quinlan, the managing member of Quinlan Care LLC, ...
  
  Read more

• Liberty Mutual Had a ‘Messy’ Second Quarter

  13-08-2015 18:01
  
  “Things got a bit messy in the second quarter.” That’s how David Long, chairman and CEO of Liberty Mutual Holding Co., summarized his firm’s second quarter results, which saw a 36 percent decline in consolidated net income to $249 million, …
  The article Liberty Mutual Had a ‘Messy’ Second Quarter appeared first on Insurance Journal.
  
  Read more

• Former Insurance Regulator Bottalico Joins Locke Lord in California

  13-08-2015 17:20
  
  Alfred W. Bottalico, former deputy commissioner for the financial surveillance branch of the California Department of Insurance, has joined Locke Lord LLP’s global regulatory and transactional insurance practice group in Los Angeles, Calif. as an insurance specialist. Bottalico has 38 …
  The article Former Insurance Regulator Bottalico Joins Locke Lord in California appeared first on Insurance Journal.
  
  Read more

• Risk Manager Fired by Nevada City Files Discrimination Complaint

  13-08-2015 17:13
  
  Former risk manager Jack Campbell has filed a federal age and race discrimination complaint against the city of Reno. The Reno Gazette-Journal reported that the existence of the complaint filed in June and a previous investigation into issues concerning Campbell …
  The article Risk Manager Fired by Nevada City Files Discrimination Complaint appeared first on Insurance Journal.
  
  Read more

• Nevada Hit by More Than 5,000 Earthquakes in Past Year

  13-08-2015 17:10
  
  Seismologists say a year-long swarm of earthquakes in northwest Nevada could be linked to volcanic activity. The University of Nevada’s Reno Nevada Seismological Laboratory announced this week that there have been 5,610 earthquakes in the swarm that started in July 2014 …
  The article Nevada Hit by More Than 5,000 Earthquakes in Past Year appeared first on Insurance Journal.
  
  Read more

• Obama Administration Must Confront Monopoly Practices in the Health Insurance ... - Huffington Post

  13-08-2015 17:09 via huffingtonpost.com
  
  Obama Administration Must Confront Monopoly Practices in the Health Insurance ...
  Huffington Post
  The flurry of recent merger announcements from the handful of remaining national health insurance providers is cause for alarm for all Americans. The Affordable Care Act (ACA) has taken nearly full effect and it is clear that staggering annual ...
  
  Read more

• Delta Lloyd Uncertainties Persist Amid Concern It May Need to Plug Capital Gap

  13-08-2015 16:11
  
  Delta Lloyd NV extended a record decline on Tuesday after Goldman Sachs Group Inc. cut the shares to neutral amid concern the insurer may need to ask shareholders for funds to plug a capital gap. The stock plummeted 8.2 percent …
  The article Delta Lloyd Uncertainties Persist Amid Concern It May Need to Plug Capital Gap appeared first on Insurance Journal.
  
  Read more

• Delta Lloyd Rout Continues Amid Concern It May Need to Plug Capital Gap

  13-08-2015 16:11
  
  Delta Lloyd NV extended a record decline after Goldman Sachs Group Inc. cut the shares to neutral amid concern the insurer may need to ask shareholders for funds to plug a capital gap. The stock plummeted 8.2 percent to 12.09 …
  The article Delta Lloyd Rout Continues Amid Concern It May Need to Plug Capital Gap appeared first on Insurance Journal.
  
  Read more

• Ferguson insurance agency faces financial woes after riots, turning over ... - Insurance Business America

  13-08-2015 15:38 via ibamag.com
  
  Insurance Business America
  Ferguson insurance agency faces financial woes after riots, turning over ...
  Insurance Business America
  A Ferguson, Missouri insurance agency is facing potential financial fallout after owners turned over video from their surveillance camera that police say depicts 18-year-old Tyrone Harris holding a pistol during altercations that disturbed what were ...
  
  Read more

• Survey: How Health Insurance Brokers, Navigators Perform Under Obamacare - Insurance Journal

  13-08-2015 15:20 via insurancejournal.com
  
  Insurance Journal
  Survey: How Health Insurance Brokers, Navigators Perform Under Obamacare
  Insurance Journal
  Insurance brokers play an important role in helping people obtain non-group health insurance from the health insurance marketplaces established under the Affordable Care Act (ACA) and tend to serve different people than the navigators and other market ...
  
  Read more

• Crime Investigators Warn on ‘Mystery’ Devices Used in Car Break-Ins

  13-08-2015 15:12
  
  Law enforcement officials and theft investigators are concerned that criminals may be getting their hands on high-tech electronic devices that can be used to break into vehicles. Also, they warn, these devices could be used to start and steal vehicles, …
  The article Crime Investigators Warn on ‘Mystery’ Devices Used in Car Break-Ins appeared first on Insurance Journal.
  
  Read more

• Crop insurance market shrinks as major carriers sell businesses - Insurance Business America

  13-08-2015 15:02 via ibamag.com
  
  Insurance Business America
  Crop insurance market shrinks as major carriers sell businesses
  Insurance Business America
  The exit of two prominent providers of crop insurance has raised questions about the health of the market. Both Wells Fargo and OneBeacon Insurance Group announced their exit from the sector this month, with Wells Fargo's Rural Community Insurance ...
  Wells Fargo considers selling crop insurance businessCharlotte Business Journal (blog)
  Exclusive: Wells Fargo explores s
  
  Read more

• Every American needs the Kirk health insurance plan - Chicago Tribune

  13-08-2015 14:51 via chicagotribune.com
  
  Chicago Tribune
  Every American needs the Kirk health insurance plan
  Chicago Tribune
  FILE - In this June 9, 2014 file photo, U.S. Sen. Mark Kirk R-Ill., speaks during an interview in his office, in Chicago. Political experts say Kirk can survive damaging criticism from a fellow Republican fundraiser. The first-term Republican who ...and more »
  
  Read more

• Health, Wealth, Technology Drive Graying of America’s Roadways

  13-08-2015 14:44
  
  Richard Emmons, 83, likes to spend his weekends cruising around in a 1995 Jaguar convertible with a big 12-cylinder engine. His weekday drive is either a 2009 Volkswagen Eos or the $82,000 Audi A8 sedan he bought in November. After all, this …
  The article Health, Wealth, Technology Drive Graying of America’s Roadways appeared first on Insurance Journal.
  
  Read more

• Switzerland Is 1st Nation to Lift Iran Sanctions; Re/Insurer Policies Affected

  13-08-2015 13:39
  
  Switzerland is lifting sanctions against Iran after the Gulf state sealed a historic accord with world powers to curb its nuclear program. The move on Wednesday made it the first nation to remove sanctions since the July 14 deal, which …
  The article Switzerland Is 1st Nation to Lift Iran Sanctions; Re/Insurer Policies Affected appeared first on Insurance Journal.
  
  Read more

• UK Regulator Toughens Rules to Hold Insurers’ Execs Responsible for Failures

  13-08-2015 13:22
  
  UK insurers face tougher conduct rules as the Financial Conduct Authority makes it easier to hold individuals at financial firms to account for failures on their watch. The FCA issued final rules on Thursday amending its accountability framework for firms …
  The article UK Regulator Toughens Rules to Hold Insurers’ Execs Responsible for Failures appeared first on Insurance Journal.
  
  Read more

• Zurich Launches Management Liability Offering for SMEs in Australia

  13-08-2015 12:55
  
  Zurich is launching a new management liability offering, specifically designed to protect small to medium enterprises (SMEs) in Australia, with turnovers up to AUD$50 million. The new product will be provided via “Z.stream,” the company’s electronic broking system. Z.stream* already …
  The article Zurich Launches Management Liability Offering for SMEs in Australia appeared first on Insurance Journal.
  
  Read more

• U.S. Appeals Ruling in Greenberg’s Case Against AIG Bailout Suit

  13-08-2015 12:49
  
  The United States filed an appeal on Wednesday against a U.S. judge’s ruling in June that sided with former American International Group chief executive Maurice “Hank” Greenberg on a legal claim over the company’s 2008 bailout. A judge in the …
  The article U.S. Appeals Ruling in Greenberg’s Case Against AIG Bailout Suit appeared first on Insurance Journal.
  
  Read more

• U.S. Appeals Ruling in Greenberg’s Case Against AIG Bailout

  13-08-2015 12:49
  
  The United States filed an appeal on Wednesday against a U.S. judge’s ruling in June that sided with former American International Group chief executive Maurice “Hank” Greenberg on a legal claim over the company’s 2008 bailout. A judge in the …
  The article U.S. Appeals Ruling in Greenberg’s Case Against AIG Bailout appeared first on Insurance Journal.
  
  Read more

• Plane-Drone Encounters to Top 1,000 This Year: FAA

  13-08-2015 12:45
  
  Pilot encounters with drones are on pace to at least quadruple to more than 1,000 this year, highlighting a growing threat to U.S. aviation by unmanned aircraft. There were 650 cases reported to the Federal Aviation Administration through Aug. 9 …
  The article Plane-Drone Encounters to Top 1,000 This Year: FAA appeared first on Insurance Journal.
  
  Read more

• International General Insurance Reports $16.2 Million 1st Half Earnings

  13-08-2015 11:46
  
  Dubai-based International General Insurance Holdings Limited (IGIH) announced net earnings of $16.2 million for H1 2015 and a dividend of US $ 0.04 per share. Net earnings for the first half of 2014 were $18.5 million. The group’s announcement said …
  The article International General Insurance Reports $16.2 Million 1st Half Earnings appeared first on Insurance Journal.
  
  Read more

• CCRIF Members Complete Enhanced Catastrophe Portfolios for 2015-16

  13-08-2015 11:10
  
  The 16 Caribbean member governments of CCRIF SPC (formerly the Caribbean Catastrophe Risk Insurance Facility), the co-operative association that covers risks from natural catastrophes in the region, announced that they have completed their catastrophe insurance portfolios for 2015/2016. The bulletin said …
  The article CCRIF Members Complete Enhanced Catastrophe Portfolios for 2015-16 appeared first on Insurance Journal.
  
  Read more

• Huge Explosions & Fire in Chinese Port of Tianjin Kill 44; Firemen Missing

  13-08-2015 10:49
  
  Two huge explosions tore through an industrial area where toxic chemicals and gas were stored in the northeast Chinese port city of Tianjin, killing at least 44 people, including at least a dozen fire fighters, officials and state media said …
  The article Huge Explosions & Fire in Chinese Port of Tianjin Kill 44; Firemen Missing appeared first on Insurance Journal.
  
  Read more

• Johnson & Johnson Acquires John Handel & Associates in Florida

  13-08-2015 10:00
  
  Managing general agency Johnson & Johnson, Inc. (J&J) has acquired John Handel & Associates, Inc. (JHA), located in St. Petersburg, Fla. Under its new ownership, JHA will continue to offer the same products and services throughout the state of Florida, …
  The article Johnson & Johnson Acquires John Handel & Associates in Florida appeared first on Insurance Journal.
  
  Read more

• New N.J. Law Emphasizes Traffic Safety to Young Drivers

  13-08-2015 04:52
  
  Applicants for a New Jersey driver’s license must answer whether they’re aware of the dangers of failing to follow traffic laws under a law signed by New Jersey Acting Gov. Kim Guadagno. Guadagno signed the legislation on Aug. 4 in …
  The article New N.J. Law Emphasizes Traffic Safety to Young Drivers appeared first on Insurance Journal.
  
  Read more

Follow @Insurance_Newsl on Twitter!