Insurance news

• SUNZ Insurance Hires Stevens as President in Florida

  14-08-2015 22:58
  
  SUNZ Insurance Company, a workers’ compensation insurer based in Sarasota, Florida, hired Therese A. Stevens as president. An insurance executive with over 25 years of leadership experience in the workers’ compensation industry, Stevens most recently completed a five-year tenure as …
  The article SUNZ Insurance Hires Stevens as President in Florida appeared first on Insurance Journal.
  
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• U.S. Safety Board Criticizes Emergency Response in Tracy Morgan Crash

  14-08-2015 18:59
  
  Federal safety officials who reviewed a highway crash in New Jersey that badly injured comedian Tracy Morgan and killed a friend were sharply critical of the emergency response to it and are urging the state to establish minimum standards, but …
  The article U.S. Safety Board Criticizes Emergency Response in Tracy Morgan Crash appeared first on Insurance Journal.
  
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• Taxi Companies’ Lawsuit Against Uber in Connecticut Dismissed

  14-08-2015 18:52
  
  Uber Technologies Inc on Thursday won the dismissal of a racketeering lawsuit by 15 Connecticut taxi and limousine companies seeking to stop the ride-sharing company from doing business in the state. U.S. District Judge Alvin Thompson in Hartford, Connecticut, said …
  The article Taxi Companies’ Lawsuit Against Uber in Connecticut Dismissed appeared first on Insurance Journal.
  
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• Missouri Fines Health Insurer Cigna for Various Violations

  14-08-2015 18:42
  
  The Missouri Department of Insurance has fined Cigna subsidiaries $140,800 for using unapproved forms, incorrectly denying chiropractic claims, charging copayments of more than 50 percent and failing to send an explanation of benefits to members. “Our market conduct team uncovered …
  The article Missouri Fines Health Insurer Cigna for Various Violations appeared first on Insurance Journal.
  
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• Minneapolis Concert Venue Ceiling Collapses; 3 Hurt

  14-08-2015 18:30
  
  The ceiling of a landmark Minneapolis, Minn., concert venue partially collapsed during a show late Wednesday night, injuring three people, officials said. Firefighters responded to a report of a possible building collapse around 10:15 p.m., Minneapolis Fire Department spokeswoman Cherie …
  The article Minneapolis Concert Venue Ceiling Collapses; 3 Hurt appeared first on Insurance Journal.
  
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• Oklahoman Arrested for Attack on Insurance Adjuster, Fraud

  14-08-2015 18:27
  
  A Tulsa, Oklahoma, man suspected of assaulting an insurance adjuster and filing a bogus insurance claim was arrested on Aug. 13, the state insurance department reported. The adjuster was attacked after questioning an insurance claim filed by Prentice E. Ponds …
  The article Oklahoman Arrested for Attack on Insurance Adjuster, Fraud appeared first on Insurance Journal.
  
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• NYC Taxi Driver-Owners Form New Association to Take on Uber

  14-08-2015 18:27
  
  Dozens of angry, independent taxi medallion owners in New York City have been making their opinions about Uber heard at City Hall. The newly formed Taxi Driver-Owner Association said Wednesday that the rapid growth of the Uber ride-hailing service has …
  The article NYC Taxi Driver-Owners Form New Association to Take on Uber appeared first on Insurance Journal.
  
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• Texan Named National Alliance Outstanding CSR of the Year

  14-08-2015 18:25
  
  Erin N. Woodard, commercial marketing/service executive for William Gammon Insurance in Austin, Texas, has just been honored with the 2015 National Outstanding CSR of the Year Award. The Society of Certified Insurance Service Representatives (CISR) and the Society of Certified …
  The article Texan Named National Alliance Outstanding CSR of the Year appeared first on Insurance Journal.
  
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• Missouri Agency Hawkins-Harrison Joins Keystone Insurers Group

  14-08-2015 18:23
  
  Edina, Mo.-based insurance agency, Hawkins-Harrison, has joined Keystone Insurers Group as its latest franchise partner in Missouri. Hawkins-Harrison was established in 1956 and quickly expanded into selling all lines of business. They are the current sponsored agent for the Wheatbelt …
  The article Missouri Agency Hawkins-Harrison Joins Keystone Insurers Group appeared first on Insurance Journal.
  
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• Florida’s Heritage Approved to Write P/C Insurance in North Carolina

  14-08-2015 18:12
  
  Heritage Insurance Holdings Inc., a property/casualty insurance holding company in Clearwater, Florida, announced that its subsidiary Heritage Property & Casualty Company (Heritage P&C) was approved to write property/casualty insurance in North Carolina by the North Carolina Department of Insurance. In …
  The article Florida’s Heritage Approved to Write P/C Insurance in North Carolina appeared first on Insurance Journal.
  
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• Appeals Court Denies State Farm’s Rehearing Request in Katrina Fraud Case

  14-08-2015 17:45
  
  A federal appeals court has decided that last month’s upholding of a jury’s insurance fraud ruling will stand, allowing whistleblowers who sued State Farm Fire and Casualty Co. to seek more evidence of fraud after 2005’s Hurricane Katrina. The Sun …
  The article Appeals Court Denies State Farm’s Rehearing Request in Katrina Fraud Case appeared first on Insurance Journal.
  
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• Oregon City Factors Tsunami Threat Into Expansion Plans

  14-08-2015 17:36
  
  Seaside, Ore. officials have all the checkboxes ready for planning their expansion, public transportation, affordable housing and of course tsunami preparedness. The Daily Astorian reported that the Planning Commission heard public testimony recently on a proposal to amend the city’s comprehensive plan …
  The article Oregon City Factors Tsunami Threat Into Expansion Plans appeared first on Insurance Journal.
  
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• Wrongful Death Verdict Against Utah Doctor Overturned Court

  14-08-2015 17:34
  
  A wrongful death case against a former doctor will have a new trial after the Utah Supreme Court overturned the $3 million verdict. The Salt Lake Tribune reported that the Supreme Court ruled this week that Paul Ray Taylor’s felony drug …
  The article Wrongful Death Verdict Against Utah Doctor Overturned Court appeared first on Insurance Journal.
  
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• Tuna Company’s Ex-Safety Manager Guilty in California Worker Oven Death

  14-08-2015 17:32
  
  A former safety manager at a Bumble Bee Foods seafood plant in California has pleaded guilty in the death of a worker who was cooked with tons of tuna. Saul Florez was sentenced to probation and fined $5,000 after pleading …
  The article Tuna Company’s Ex-Safety Manager Guilty in California Worker Oven Death appeared first on Insurance Journal.
  
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• Utah Court Tosses $3M Verdict in Prescription Drug Overdose Suit

  14-08-2015 17:27
  
  The Utah Supreme Court has overturned a $3 million verdict in a wrongful death suit against a doctor accused of prescribing a lethal amount of prescription drugs. The Salt Lake Tribune reported that the high court ruled this week the jury …
  The article Utah Court Tosses $3M Verdict in Prescription Drug Overdose Suit appeared first on Insurance Journal.
  
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• DMV Agrees to California Brokers Group’s Revisions

  14-08-2015 17:25
  
  The California Department of Motor Vehicles has agreed to make major revisions proposed by the Independent Agents & Brokers of California to its commercial requester agreement that will permit agents and brokers to provide motor vehicle records to insurers and …
  The article DMV Agrees to California Brokers Group’s Revisions appeared first on Insurance Journal.
  
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• European Captives More Focused on Risk Mgmt., Investments: A.M. Best

  14-08-2015 17:01
  
  A.M. Best has released a new study -“European Captives Increase Focus on Risk Management and Investments Ahead of Solvency II -” which concludes that “many European captives have embraced Solvency II’s increased regulatory requirements as an opportunity to focus more …
  The article European Captives More Focused on Risk Mgmt., Investments: A.M. Best appeared first on Insurance Journal.
  
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• Luxury Car Hacking Risk Widespread; Evidence Suppressed: Researchers

  14-08-2015 16:22
  
  Thousands of cars from a host of manufacturers have spent years at risk of electronic car- hacking, according to expert research that Volkswagen has spent two years trying to suppress in the courts. “Keyless” car theft, which sees hackers target vulnerabilities in electronic locks and immobilizers, …
  The article Luxury Car Hacking Risk Widespread; Evidence Suppressed: Researchers appeared first on Insurance Journal.
  
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• Kids’ Biking Deaths Decline But Adult Deaths Rise

  14-08-2015 16:01
  
  The rate of cycling deaths among American children under the age of 15 has fallen 92 percent since 1975. That doesn’t mean the roads are safer—it may just mean kids are riding bikes less. The Centers for Disease Control reported that the total rate …
  The article Kids’ Biking Deaths Decline But Adult Deaths Rise appeared first on Insurance Journal.
  
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• ISO Offers Insurers New Roof Rating Tool

  14-08-2015 15:43
  
  Verisk Insurance Solutions has introduced new rating tools and coverage options through its ISO business to help insurers address the quality and age of roof materials. The newly developed rating factors are designed to assist insurers in pricing policies based …
  The article ISO Offers Insurers New Roof Rating Tool appeared first on Insurance Journal.
  
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• Insurers look to Cyber, M&A Coverage as Prices Decline for 9th Quarter: Marsh

  14-08-2015 15:19
  
  Commercial insurance rates continued their global decline in the 2015 second quarter, a trend driven by a continued abundance of global capacity and a lack of large insured loss activity, Marsh said in its latest Global Insurance Market Quarterly Briefing. …
  The article Insurers look to Cyber, M&A Coverage as Prices Decline for 9th Quarter: Marsh appeared first on Insurance Journal.
  
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• Insurers Look to Cyber, M&A Coverage as Prices Decline for 9th Quarter: Marsh

  14-08-2015 15:19
  
  Commercial insurance rates continued their global decline in the 2015 second quarter, a trend driven by a continued abundance of global capacity and a lack of large insured loss activity, Marsh said in its latest Global Insurance Market Quarterly Briefing. …
  The article Insurers Look to Cyber, M&A Coverage as Prices Decline for 9th Quarter: Marsh appeared first on Insurance Journal.
  
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• Integro Acquires UK’s AFL Insurance Brokers Aviation Division

  14-08-2015 12:24
  
  International insurance broker and risk management firm Integro Ltd. announced that it has acquired AFL Insurance Brokers Ltd.’s Aviation division; a move that it said would enhance “Integro’s global sector presence with an additional dedicated aviation team that will be …
  The article Integro Acquires UK’s AFL Insurance Brokers Aviation Division appeared first on Insurance Journal.
  
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• UnipolSai, Willis Capital Confirm Italian Cat Bond for Azzurro Re; 1st in Europe

  14-08-2015 11:49
  
  UnipolSai Assicurazioni S.p.A. (UnipolSai), a multi-business Italian insurance company of the Unipol Group and Willis Capital Markets & Advisory (WCMA) part of Willis Group Holdings plc, have confirmed the “completion of the re/insurance industry’s first indemnity-trigger catastrophe bond primarily for …
  The article UnipolSai, Willis Capital Confirm Italian Cat Bond for Azzurro Re; 1st in Europe appeared first on Insurance Journal.
  
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• U.S. forecaster Sees El Nino Likely to Last into Spring in No. Hemisphere

  14-08-2015 11:35
  
  A U.S. government weather forecaster on Thursday raised the likelihood that El Nino conditions would last into the Northern Hemisphere’s early spring to 85 percent, boosting the probability that drought-stricken California could see increased rains. The Climate Prediction Center, a …
  The article U.S. forecaster Sees El Nino Likely to Last into Spring in No. Hemisphere appeared first on Insurance Journal.
  
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• Chinese Officials Give Scant Details on Cause of Tianjin Explosion and Fires

  14-08-2015 11:18
  
  Chinese officials provided scant detail on the cause of massive explosions at a hazardous-chemicals warehouse in northern China’s Tianjin port, more than a day after blasts killed at least 50 people and injured more than 700. Material scattered by the …
  The article Chinese Officials Give Scant Details on Cause of Tianjin Explosion and Fires appeared first on Insurance Journal.
  
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• Buy Universal Insurance For Modest Valuation And Consistent Profit Growth - Forbes

  14-08-2015 10:55 via forbes.com
  
  Buy Universal Insurance For Modest Valuation And Consistent Profit Growth
  Forbes
  Companies in the insurance industry are inclined toward consistent profit growth. Nonetheless, it is still up to the merits of individual companies to carve out their own place within the insurance realm. Universal Insurance Holdings (UVE) has done ...
  
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• Ask SAM: How to File a Complaint About an Insurance Company - Winston-Salem Journal

  14-08-2015 06:15 via journalnow.com
  Ask SAM: How to File a Complaint About an Insurance Company
  Winston-Salem Journal
  Q: We are having major issues with an insurance company. Could you please print the number for the insurance commissioner? G.B.. Subscription Required. An online service is needed to view this article in its entirety. You need an online service to view ...
  
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• Mortgage Company Refuses To Release Elderly Couple's Insurance Payment - whotv.com

  14-08-2015 05:33 via whotv.com
  
  whotv.com
  Mortgage Company Refuses To Release Elderly Couple's Insurance Payment
  whotv.com
  TRURO, Iowa — An elderly couple that has already waited a month and a half to have their storm damaged home fixed will have to wait even longer because of a mortgage company that federal authorities say has a history of shafting customers. Shortly ...
  
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• Insurance Rates a Struggle for Realtors - WXXV News 25

  14-08-2015 05:32 via wxxv25.com
  
  WXXV News 25
  Insurance Rates a Struggle for Realtors
  WXXV News 25
  The high cost of insurance has been hurting the real estate business here on the Coast since after Katrina. That's one of the issues members of the Gulf Coast Realtor's Association discussed with our local elected officials tonight at their legislative ...
  
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• Unicoi Co. commissioners approve budget; cut funding for employees' family ... - WCYB

  14-08-2015 05:20 via wcyb.com
  
  WCYB
  Unicoi Co. commissioners approve budget; cut funding for employees' family ...
  WCYB
  County Commissioners decided to keep a budget they passed in July. That decision effectively cuts benefits for family members of county employees, including those employed by the Unicoi County Sheriff's Department.and more »
  
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• State bill pushes medical privacy - Boston Globe

  14-08-2015 05:10 via bostonglobe.com
  
  Boston Globe
  State bill pushes medical privacy
  Boston Globe
  A few years ago, when she was 22 and fresh out of college, Vanessa Calaban received a distressing text message from her mother. A form had just arrived from the family's health insurance company, displaying a charge for care Calaban received from a ...and more »
  
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• Shop around when buying flood insurance - OCRegister

  14-08-2015 01:57 via ocregister.com
  Shop around when buying flood insurance
  OCRegister
  Alyssa Grant bought a Huntington Beach home in 1999. Her new home was not in a designated flood zone. No flood insurance needed. No problem. Hurricane Katrina hit the Gulf Coast in 2005. Afterward, Congress updated the 1968 National Flood ...and more »
  
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• Chilling out Will be Answer to Climate Change, Scientist Says

  14-08-2015 01:21
  
  What to do about a warming planet? Just crank up the air-conditioning. No one’s being a smart aleck, and you won’t find any sarcasm in a recent study by a Stanford University professor that shows what it will feel like …
  The article Chilling out Will be Answer to Climate Change, Scientist Says appeared first on Insurance Journal.
  
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• Colorado now has a Title Insurance Commission - Denver Business Journal (blog)

  14-08-2015 00:54 via bizjournals.com
  
  Colorado now has a Title Insurance Commission
  Denver Business Journal (blog)
  Colorado now has a Title Insurance Commission, which will advise and propose rules to state Insurance Commissioner Marguerite Salazar. Gov. John Hickenlooper appointed nine members to the Title Insurance Commission, which was created in the last ...
  
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• Lower health insurance on tap for most teachers, state employees - Macon Telegraph

  14-08-2015 00:40 via macon.com
  Atlanta Journal Constitution
  Lower health insurance on tap for most teachers, state employees
  Macon Telegraph
  Most schoolteachers and state employees will see lower premiums for health care under their 2016 benefits plan unveiled Thursday. Only people with a high-deductible plan from UnitedHealthcare will have an average increase next year, Department of ...
  Lower or stable health premiums for teachers, state employees in 2016Atlanta Journal Constitutionall 4 news articles »
  
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