Insurance news

• White House Pushes to Close Asian-American Health Insurance Gap with Week of ... - NBCNews.com

  15-01-2016 23:04 via
  NBCNews.com
  White House Pushes to Close Asian-American Health Insurance Gap with Week of ...
  NBCNews.com
  Since open enrollment under the Affordable Care Act began in 2013, the number of people in the United States without health insurance has fallen by nearly 18 million, but more than 200,000 Asian Americans and Pacific Islanders still remain uninsured, ...
  

• Connecticut Launches New Website to Help Fight Fraud

  15-01-2016 22:53
  
  The state of Connecticut is launching a new website to help fight fraud, waste and abuse in state government. Officials say the website, located at FightFraud.ct.gov, will make it easier for the public to report suspicious conduct. It will also …
  
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• All Risks Hires Davis as Underwriting Manager in Maryland

  15-01-2016 22:49
  
  All Risks Ltd., an independent wholesaler based in Hunt Valley, Maryland, has hired Steve Davis as underwriting manager in the National Specialty Programs unit. In this role, Davis will continue to grow the existing programs, as well as share responsibility …
  
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• Instant Analysis: Universal Insurance Holdings Cranks Its Dividend 17% Higher - Motley Fool

  15-01-2016 22:39 via
  Instant Analysis: Universal Insurance Holdings Cranks Its Dividend 17% Higher
  Motley Fool
  Universal Insurance Holdings (NYSE:UVE) is insuring that its stockholders have a few more coins in their pockets as they dive further into 2016. The company declared a fresh quarterly dividend of $0.14 per share, which represents an increase of 17 ...and more »
  

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• Every Chipotle in the U.S. to close Feb. 8 for part of the day

  15-01-2016 21:30
  
  Burrito chain to hold nationwide meeting with its staff on food-safety changes.
  
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• What happens to victims of insurance fraud? - Crain's Detroit Business (blog)

  15-01-2016 20:30 via
  Crain's Detroit Business (blog)
  What happens to victims of insurance fraud?
  Crain's Detroit Business (blog)
  I have written maybe a dozen articles over the past several years about insurance agents and brokers in Michigan who have had their licenses revoked or suspended and fines issued to them by the Michigan Department of Financial and Insurance Services ...
  

• Bird flu case confirmed in Indiana commercial turkey flock

  15-01-2016 20:10
  
  The strain discovered in Dubois County is different from those that caused last year’s outbreak.
  
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• USI Insurance Services acquires Houston broker - Business Insurance

  15-01-2016 20:07 via
  USI Insurance Services acquires Houston broker
  Business Insurance
  Healthcare Liability Solutions is a property/casualty brokerage that customizes insurance programs for health care organizations and providers that specialize in professional liability insurance, Valhalla, New York-based USI Insurance Services said in ...
  USI Insurance Acquires Healthcare Liability Solutions in HoustonInsurance Journalall 5 news articles »
  

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• How Can That Not Be Covered? I Have Cyber Insurance! - Bloomberg Big Law Business

  15-01-2016 19:21 via
  Bloomberg Big Law Business
  How Can That Not Be Covered? I Have Cyber Insurance!
  Bloomberg Big Law Business
  Many companies purchase cyber liability insurance to help cover their risk of computer fraud or attack. However, if not properly negotiated, some cyber insurance policies may not fully protect against all risks. A common and potentially costly issue in ...
  

• Insurance Department seeks more information from Highmark - Pittsburgh Post-Gazette

  15-01-2016 19:12 via
  Pittsburgh Post-Gazette
  Insurance Department seeks more information from Highmark
  Pittsburgh Post-Gazette
  he state Insurance Department on Thursday asked Highmark Health to submit more information about its five-year strategy. By Kris B. Mamula / Pittsburgh Post-Gazette. Pittsburgh health insurer Highmark Inc. has again failed to meet conditions that came ...and more »
  

• Other Views: Still lack health insurance? Have questions? Help is available - Gazettextra

  15-01-2016 19:06 via
  Houston Public Media
  Other Views: Still lack health insurance? Have questions? Help is available
  Gazettextra
  Are you working hard at a job that doesn't provide health insurance? Tired of being worried sick about what a visit to the doctor might cost? Know someone drowning in medical bills? If any of this hits home, there is help. Open enrollment—it pays to shop.
  Last Two Deadlines Looming For Health Insurance Coverage In 2016Houston Public Media
  The Advantages of Using Modern Individual H
  

• Mass. Association of Insurance Agents CEO Mancini to Retire at End of 2016 - Insurance Journal

  15-01-2016 19:04 via
  Insurance Journal
  Mass. Association of Insurance Agents CEO Mancini to Retire at End of 2016
  Insurance Journal
  The Massachusetts Association of Insurance Agents (MAIA) announced Thursday that its longtime president and chief executive officer, Francis A. Mancini, will retire from the association at the end of 2016. MAIA said it has formed a search committee to ...
  

• Mass. Association of Insurance Agents CEO Mancini to Retire at End of 2016

  15-01-2016 18:59
  
  The Massachusetts Association of Insurance Agents (MAIA) announced Thursday that its longtime president and chief executive officer, Francis A. Mancini, will retire from the association at the end of 2016. MAIA said it has formed a search committee to oversee …
  
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• New Hampshire’s Raffle Law Takes Effect

  15-01-2016 18:47
  
  New Hampshire’s new law removing the monetary cap on prize values at promotional raffles and other similar events conducted by insurance producers went into effect this month. H.B.171 (“An Act relative to rebating”), which was signed by New Hampshire Gov. …
  
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• U.S. Reports on Cyber Attacks on Manufacturing, Other Industries

  15-01-2016 18:46
  
  U.S. Department of Homeland Security investigations of cyber attacks on the nation’s critical manufacturing sector nearly doubled in the year ended Sept. 30, according to the agency. The Department of Homeland Security’s Industrial Control Systems Cybersecurity Emergency Response Team, or …
  
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• Groups File Lawsuit Over North Carolina ‘Anti-Whistleblower’ Law

  15-01-2016 18:41
  
  Animal-rights, food-safety and other groups sued this week to stop a new North Carolina law that helps employers punish people who get hired to steal company secrets or dig up dirt. The federal lawsuit was filed by People for the …
  
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• Connecticut Cops Consider ‘Angel’ Program to Combat Heroin Scourge

  15-01-2016 18:34
  
  A growing chorus of law enforcement leaders, drug addiction experts and parents of addicts say arresting and jailing heroin users will not stem the surge in deaths and overdoses. “We realize we’re not going to arrest our way out of …
  
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• Cleary Named Managing Sales Director for ARAG in Midwest

  15-01-2016 18:33
  
  Legal insurance provider, ARAG, named Patrick Cleary as managing director of Sales for the Midwest region of the United States. He is based in Chicago. Cleary will partner with insurance brokers, consultants, employers and other organizations to offer ARAG legal …
  
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• General Star Expands Architects & Engineers Program to Maryland, Virginia

  15-01-2016 18:29
  
  General Star has expanded its admitted architects and engineers professional liability coverage to Maryland and Virginia. Entering the eighth year of the A&E program, Maryland and Virginia join New York, New Jersey, Pennsylvania, North Carolina, South Carolina, and Georgia as …
  
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• Texas-Based American Underwriting Managers Acquired by U.S. Risk

  15-01-2016 18:24
  
  U.S. Risk Insurance Group Inc., has acquired Southlake, Texas-based managing general agency and wholesale insurance broker, American Underwriting Managers (AUM). For 17 years AUM has served the needs of retail insurance agents and insureds alike primarily in Texas and surrounding …
  
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• Farmers Insurance Estimates Loss from South Central Storms at $90M

  15-01-2016 18:23
  
  Farmers Insurance has estimated an overall loss of $90 million resulting from severe weather that moved through portions of Texas, Oklahoma and Missouri at the end of December. The region experienced heavy rain, strong winds and hail. Multiple tornadoes in …
  
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• USI Insurance Acquires Healthcare Liability Solutions in Houston

  15-01-2016 18:14
  
  USI Insurance Services (USI) has acquired Healthcare Liability Solutions LLC (HLS), located in Houston, Texas. HLS is a property and casualty brokerage firm dedicated to customizing insurance programs for healthcare organizations and providers specializing in professional liability insurance. Terms of …
  
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• Validus Appoints Halsey Vice President, Atlanta Property Manager

  15-01-2016 18:09
  
  Validus Holdings, Ltd., has appointed Rob Halsey as vice president, Atlanta Property manager. In this new position, Halsey will be responsible for building and maintaining the Validus Underwriters Excess & Surplus property business in the Southeast United States and write …
  
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• After Call Center Delays MNsure Officials Vow to Hire Staff

  15-01-2016 18:09
  
  Officials at Minnesota’s health insurance exchange, MNsure, vowed to beef up call center staff for the final weeks of open enrollment, hoping to reverse lengthy call delays in late December 2015 that hearken back to the exchange’s disastrous first year rollout. …
  
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• Workplace Deaths Down in North Dakota Oil Patch

  15-01-2016 18:05
  
  The number of work-related deaths in the North Dakota oil patch in 2015 dropped from the previous year. Occupational Safety and Health Administration data show three such fatalities last year, down from seven in 2014 and 10 in 2013. Eric …
  
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• South Carolina Extends Data Call from October Storm

  15-01-2016 18:04
  
  The South Carolina Department of Insurance (SCDOI) has advised insurers to continue to report P&C claims as per the data call issued for the October 2015 flood event and its aftermath. The data call was originally issued Oct. 13, 2015 …
  
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• Auto industry, U.S. regulators agree to boost safety recalls

  15-01-2016 17:52
  
  The U.S. Transportation Department and 17 automakers are agreeing to work together on safety measures and to improve recalls while the companies also agreed to voluntarily work with the government to identify cybersecurity threats.
  
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• Farmer cut off his right hand in failed ploy for insurance money - KMSP-TV

  15-01-2016 17:48 via
  KMSP-TV
  Farmer cut off his right hand in failed ploy for insurance money
  KMSP-TV
  A Spanish court sent a farmer to prison after he cut off his hand and faked a car wreck for insurance money, local media reported Wednesday. Investigators said the farmer had run short on cash in 2007 when he concocted the plan. He started by hacking ...
  Farmer's fraud fails despite painful preparationBusiness Insuranceall 11 news articles »
  

• Burnham Benefits in California Names Bergsto Account Manager

  15-01-2016 17:44
  
  Irvine, Calif.-based Burnham Benefits Insurance Services has named Alicia Bergsto an account manager. Prior to Burnham Bergsto was an associate consultant with Health Net Inc., where she worked in partnership with senior consultants developing and maintaining client partnerships with large …
  
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• Weather Service: Tornado Hit Southern California in Last Week’s El Niño Storms

  15-01-2016 17:39
  
  The National Weather Service says a small tornado touched down in Ventura County, Calif. during last week’s powerful El Niño-driven storms. Meteorologists conducting a storms survey determined the tornado swept through a half-mile swath of Fillmore during the morning of …
  
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• Exxon Deficiencies Found In California Refinery Blast, Probe Shows

  15-01-2016 17:36
  
  An explosion at an ExxonMobil oil refinery in California last year could have been prevented if managers had taken into account aging safety equipment and shut down a key, spark-generating part of the refinery before attempting repairs elsewhere, federal investigators …
  
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• Landlords, Tenants to Share L.A.’s Quake Retrofit Costs

  15-01-2016 17:31
  
  Los Angeles landlords and tenants must equally share the costs of earthquake retrofitting, under a deal approved by the City Council. The agreement that passed unanimously this week allows building owners to pass half the retrofit costs to tenants through rent …
  
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• New Tsunami Hazard Found in Alaska’s Aleutian Islands

  15-01-2016 17:26
  
  Geologists in Alaska have found evidence that a 125-mile section of the eastern Aleutian Islands that was once considered unlikely to generate earthquakes may be a future source of temblors – as well as potentially devastating tsunamis that could hit …
  
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• Volunteers repair World War II vet's home after insurance policy was cancelled - WRIC

  15-01-2016 17:03 via
  WRIC
  Volunteers repair World War II vet's home after insurance policy was cancelled
  WRIC
  REDDING, Conn. (WTNH) — After his homeowner's insurance was canceled pending a list of repairs, Alex Sawchyn, an 89-year-old World War II veteran, is getting some help from Purple Heart Homes. After 50 years of paying homeowners' insurance, Alex ...and more »
  

• People on the move in the P&C insurance industry: Jan. 15, 2016 - PropertyCasualty360

  15-01-2016 16:55 via
  PropertyCasualty360
  People on the move in the P&C insurance industry: Jan. 15, 2016
  PropertyCasualty360
  Dallas-based risk management consulting and insurance agency Dexter & Co. has announced the promotion of Royce DeRouen to senior vice president, and David Rambie to vice president. DeRouen will oversee the risk management consulting division ...
  

• People on the move in the P&C insurance industry: Jan. 15, 2016

  15-01-2016 16:45
  
  News from Pioneer Underwriters, Liberty International, Crawford & Co. and more.
  
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• How To Lower Your Premiums On All Kinds Of Insurance - Forbes

  15-01-2016 16:26 via
  Forbes
  How To Lower Your Premiums On All Kinds Of Insurance
  Forbes
  The start of a new year—and a quiet winter weekend—is the perfect time to get your finances in order. If you have already established your budget and rebalanced your retirement investments, you may want to take a hard look at a category of expenses ...and more »
  

• Did Obamacare reduce un-insurance in 2015, or not? - The Hill (blog)

  15-01-2016 16:01 via
  Did Obamacare reduce un-insurance in 2015, or not?
  The Hill (blog)
  That, at least, was the finding of the Gallup polling organization, which last week announced that the un-insurance rate remained “essentially unchanged” throughout 2015, the second year of the law's full implementation. ADVERTISEMENT. That wasn't good ...and more »
  

• Why Entrepreneurs Need Cyber Insurance - Forbes

  15-01-2016 15:15 via
  Forbes
  Why Entrepreneurs Need Cyber Insurance
  Forbes
  If your startup suffers from stolen personal identifiable information data on day one, you won't have a lot to lose. As you invest more time and resources in your company, however, you open yourself up to possible disaster if you don't prepare properly ...and more »
  

• French Drug Trial Halted After ‘Serious Accident’; One Participant Is Brain Dead

  15-01-2016 15:12
  
  Six people participating in a clinical trial for an experimental drug have been hospitalized after a “serious accident,” France’s Health Ministry said. One of the people is on life support and is considered brain dead, the ministry said in an e-mailed statement on Friday. …
  
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• Bial-Portela Drug Trial Halted When 6 Are Hospitalized; One Person Is Brain Dead

  15-01-2016 15:12
  
  Clinical testing on an experimental drug from Bial-Portela & Ca. SA, a closely held Portuguese company, led to six patients being hospitalized in France including one person who was put on life support and diagnosed as brain dead. Three of the 90 people who …
  
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• JLT Re Launches New Division, JLT Fac; Macdonald-Smith Appointed as Head

  15-01-2016 14:49
  
  London-based JLT Re has launched a new division – JLT Fac – and appointed Vanessa Macdonald-Smith to lead the division. Keith Harrison, CEO, UK & Europe, JLT Re, said: “The creation of JLT Fac is a reflection of the JLT …
  
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• ACE and Chubb Are Now One; New Chubb Brand Logo Unveiled

  15-01-2016 14:41
  
  ACE Limited completed its acquisition of Chubb yesterday, creating the world’s largest publicly traded property/casualty insurance company. ACE paid approximately $29.5 billion in the aggregate in cash and stock, based on the most recent closing price of ACE Limited shares …
  
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• Ace completes acquisition of Chubb, unveils new identity

  15-01-2016 14:15
  
  The combined insurance giant begins life today under the Chubb name across the globe.
  
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• U.S. to Ease Safety Rules to Accelerate Driverless Cars

  15-01-2016 14:12
  
  f- Self-driving cars will get closer to appearing on American roads under a U.S. Transportation Department plan to speed their rollout. Regulators will allow automakers that can demonstrate they have a safe autonomous vehicle to apply for exemptions to certain …
  
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• Making the most of your vision insurance - The Herald-News

  15-01-2016 14:01 via
  The Herald-News
  Making the most of your vision insurance
  The Herald-News
  It's a new year, and the year you've committed to making sure you get the most out of your vision insurance. Many vision insurance policies and flex spending account dollars don't roll over year to year, so it's important to remember to “use it or lose it.
  

• Douglas at Willis Towers Watson Receives High U.K. Honor

  15-01-2016 13:49
  
  Willis Towers Watson announced that Rowan Douglas, head of Willis Towers Watson’s Capital Science & Policy Practice, has been made a CBE in the United Kingdom’s New Year Honours List for services to the economy through risk, insurance and sustainable …
  
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• Liberty Mutual Completes Chile M&A; Cámbara Named CEO of Chile Operations

  15-01-2016 13:34
  
  Liberty Mutual Insurance named Fernando Cámbara Lodigiani as CEO of its Chile operations following its acquisition of approximately 99.6 percent of Compañía de Seguros Generales Penta Security S.A. (Penta Security). Together with its existing company, Liberty Compañía de Seguros Generales …
  
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• The verdict's in: Chain reaction accident leads to $17M judgement

  15-01-2016 13:30
  
  A Ph.D. student claims he requires a $5 million dental plan.
  
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• Smart products have big implications for insurers

  15-01-2016 13:15
  
  The major theme at the Consumer Electronics Show is that everything is smart. And for insurers, the implications are huge.
  
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