Insurance news

• Landy Insurance Agency Hires DiPentino as Director of Sales - Insurance Journal

  27-01-2016 23:31 via
  Insurance Journal
  Landy Insurance Agency Hires DiPentino as Director of Sales
  Insurance Journal
  Herbert H. Landy Insurance Agency Inc., a national program administrator based in Needham, Massachusetts, has hired Mark DiPentino as director of Sales. DiPentino brings over 13 years of experience providing errors and omissions (E&O) insurance to real ...
  

• Landy Insurance Agency Hires DiPentino as Director of Sales

  27-01-2016 23:21
  
  Herbert H. Landy Insurance Agency Inc., a national program administrator based in Needham, Massachusetts, has hired Mark DiPentino as director of Sales. DiPentino brings over 13 years of experience providing errors and omissions (E&O) insurance to real estate brokers. He …
  
  Read more

• Landy Agency Hires DiPentino as Director of Sales in Massachusetts

  27-01-2016 23:21
  
  Herbert H. Landy Insurance Agency Inc., a national program administrator based in Needham, Massachusetts, has hired Mark DiPentino as director of Sales. DiPentino brings over 13 years of experience providing errors and omissions (E&O) insurance to real estate brokers. He …
  
  Read more

• Uber loses bid to pause drivers group lawsuit as trial looms

  27-01-2016 23:16
  
  Uber lost its bid to freeze a lawsuit bound for trial over California drivers’ demands to be treated as employees while the company appeals rulings that dramatically increased the stakes in the case.
  
  Read more

• Advertisement

• Massachusetts Smokers Sue Philip Morris to Pay for Cancer Screenings

  27-01-2016 23:15
  
  A decade after a group of smokers from Massachusetts sued Philip Morris USA to try to force the cigarette maker to pay for lung cancer screenings, the case will finally be heard by a jury. Smokers in the class-action lawsuit …
  
  Read more

• Maryland Urges Insurers to Accommodate Consumers Impacted by Blizzard

  27-01-2016 23:10
  
  The Maryland Insurance Administration issued a bulletin encouraging insurance companies and premium finance companies to accommodate consumers who were impacted by last weekend’s blizzard. Bulletin 16-05 (Re: Cancellations of Insurance Policies) was issued Tuesday to all property and casualty insurers, …
  
  Read more

• Connecticut Recovered $6M for Policyholders, Taxpayers in 2015

  27-01-2016 23:10
  
  Connecticut Insurance Commissioner Katharine L. Wade announced that the Connecticut Insurance Department recovered approximately $6 million for policyholders and taxpayers in 2015, helping individuals and families with their claims and complaints. The Department’s Consumer Affairs Unit (CAU) fielded more than …
  
  Read more

• Niagara Falls man convicted of insurance fraud - Buffalo News

  27-01-2016 22:18 via
  Niagara Falls man convicted of insurance fraud
  Buffalo News
  LOCKPORT – After a seven-day trial, a State Supreme Court jury took about an hour Wednesday to convict a Niagara Falls man of trying to scam an insurance company out of $32,458 in a burglary claim. Kevin A. Ashby, 41, of Wrobel Towers, was found guilty ...
  

• Advertisement

• OPM opens additional but limited insurance enrollment for feds - Washington Post

  27-01-2016 21:48 via
  Washington Post
  OPM opens additional but limited insurance enrollment for feds
  Washington Post
  The Office of Personnel Management will hold a limited open enrollment period for active federal employees who want to sign up for single plus one health insurance coverage. Self plus one is a new option in the Federal Employees Health Benefits (FEHB) ...
  

• Takata Discloses 11th Death Linked to Air Bag; Announces New 5 Million Vehicle Recall

  27-01-2016 20:00
  
  U.S. auto safety regulators said Tuesday that air bag maker Takata Corp. declared 5.1 million U.S. vehicles defective, as the company disclosed an 11th death could be linked to a faulty airbag. Most of the vehicles mentioned in numerous previous …
  
  Read more

• PGA Tour Expert Picks: Jason Day defends at Farmers Insurance Open - CBSSports.com

  27-01-2016 19:58 via
  CBSSports.com
  PGA Tour Expert Picks: Jason Day defends at Farmers Insurance Open
  CBSSports.com
  What used to be Tiger Woods' annual debut has turned into a mashup of Rickie Fowler, Jason Day and Phil Mickelson converging from their various spaces on the globe for the second straight PGA Tour event in California. Let's preview this event.and more »
  

• Lyft agrees to pay $12.25 million to settle drivers’ claims

  27-01-2016 19:51
  
  Ride-share company Lyft Inc. has agreed to pay $12.25 million and change how it treats its California drivers to settle claims of unfair treatment.
  
  Read more

• ‘Old’ ACE, Chubb Report Q4, Full Year 2015 Results

  27-01-2016 19:28
  
  Just shy of two weeks after closing on their merger, ACE Ltd. and Chubb Corp. released financial results for their last quarter and year as separate entities. On January 14, 2016, ACE closed on its acquisition of Chubb Corp. creating …
  
  Read more

• D.C. to Continue Snow Emergency Until Wednesday Evening

  27-01-2016 18:59
  
  Washington, D.C., Mayor Muriel Bowser says a snow emergency will remain in effect for the nation’s capital until 6:30 p.m. Wednesday. The emergency means parking isn’t allowed on snow emergency routes. Vehicles that park on those roads will be towed. …
  
  Read more

• Wendy’s investigates possible fraudulent payment-card charges

  27-01-2016 18:57
  
  Wendy’s Co., the third-biggest U.S. burger chain, is investigating reports of unusual activity with payment cards used at some of its 5,700 domestic locations.
  
  Read more

• Snowed-Under East Coast Cities Getting Closer to Normal Routines

  27-01-2016 18:56
  
  After more than three days with life at a virtual standstill in the nation’s capital and elsewhere up and down the East Coast, the cities hit hard by a massive snowstorm were getting closer to their normal routines. In the …
  
  Read more

• Class Action Follows California Commissioner’s Decision in Applied Dispute

  27-01-2016 18:53
  
  A decision from the California Department of Insurance has workers’ compensation carrier Applied Underwriters and one of its companies on the defensive, and now a class action suit has been filed seeking to recover premiums paid by insureds to one of its large …
  
  Read more

• West Virginia Town Begins Recovery From 42-inch Snowfall

  27-01-2016 18:50
  
  It wasn’t quite like winning Powerball, yet the small West Virginia town of Glengary is getting a lot of attention for receiving the most snow from the recent storm: 42 inches. “Yeah, it’s cool. That’s about it,” said Robert Bragg, …
  
  Read more

• Narragansett Bay Approved to Write P/C Insurance in Connecticut

  27-01-2016 18:27
  
  Narragansett Bay Insurance Company (NBIC), a Rhode Island-based specialty underwriter of homeowners insurance products and services in states along the Eastern Seaboard, announced that the company has been approved by the Connecticut Department of Insurance to write property/casualty insurance in …
  
  Read more

• Meet The Guy Who Solved Uber's Insurance Problem - BuzzFeed News

  27-01-2016 17:57 via
  BuzzFeed News
  Meet The Guy Who Solved Uber's Insurance Problem
  BuzzFeed News
  Gus Fuldner had no insurance background when he joined the ride-hailing company two years ago. His secret? An unusually high tolerance for fine print. posted on Jan. 27, 2016, at 8:52 a.m.. William Alden. BuzzFeed News Reporter. Tweet. Tumblr. Stumble.
  

• Do-It-Yourselfers Face Penalties Over Their Cut-Rate Health Insurance - NPR

  27-01-2016 17:47 via
  NPR
  Do-It-Yourselfers Face Penalties Over Their Cut-Rate Health Insurance
  NPR
  Last fall, Shalonda Brown decided she'd had it with paying nearly $1,000 a month for family health, dental and vision plans through her job at an independent lab in Dallas. Casting about for an alternative, she checked out individual family plans on ...and more »
  

• JLT Specialty USA Appoints Robinson as Senior VP in Houston

  27-01-2016 17:43
  
  JLT Specialty USA, a U.S. subsidiary of Jardine Lloyd Thompson Group plc. (JLT), has appointed Perry Robinson as senior vice president. He is based in Houston. Robinson will assist JLT’s clients with identification, management and mitigation of complex risks in …
  
  Read more

• 5 Insurance Questions To Ask Before You Buy A Car - Forbes

  27-01-2016 17:35 via
  Forbes
  5 Insurance Questions To Ask Before You Buy A Car
  Forbes
  Auto insurance is often an afterthought for people buying cars. After all, choosing the right vehicle and negotiating a good deal can take substantial time and research. You may think the only insurance question to ask is, “How much will it cost to ...
  

• Aspirus to partner with WPS Health Solutions on new insurance company - Milwaukee Journal Sentinel

  27-01-2016 17:20 via
  Wausau Daily Herald
  Aspirus to partner with WPS Health Solutions on new insurance company
  Milwaukee Journal Sentinel
  Aspirus and WPS Health Solutions are partnering to start a new health insurance company that will sell health plans in 16 counties in north-central Wisconsin. The partnership is an example of health systems' entering the insurance business. "It's ...
  New insurance company coming to areaWausau Daily Herald
  WPS and Aspirus form health insurance companyMadison.comall 4 news articles
  

• No Contest Plea from ‘Dancing Hamster’ in California Fraud Case

  27-01-2016 17:13
  
  A man who played a dancing hamster in car commercials and was a backup dancer for Madonna, has pleaded no contest to single counts of insurance fraud and making a false statement. The Los Angeles County District Attorney’s Office says …
  
  Read more

• Alaska’s M7.1 Quake Puts Focus on State’s Emergency Preparedness

  27-01-2016 17:10
  
  A magnitude 7.1 earthquake in Alaska’s most populous region has renewed focus on the state’s readiness to deal with a natural disaster. And it’s not just earthquakes that pose a danger across the vast state but also wildfires, floods, landslides …
  
  Read more

• Hoverboard Bursts into Flames in California Home

  27-01-2016 17:07
  
  A hoverboard burst into flames in a Petaluma, Calif. home, marking the second such fire in Sonoma County in a week. The Santa Rosa Press Democrat reported that the hoverboard was plugged into an electrical outlet Monday to charge when …
  
  Read more

• Around the P&C insurance industry: Jan. 27, 2016

  27-01-2016 16:45
  
  News from Guidewire, InsureSign, USI and more.
  
  Read more

• Daily Fantasy Golf: Farmers Insurance Open expert picks - ABC News

  27-01-2016 16:41 via
  ABC News
  Daily Fantasy Golf: Farmers Insurance Open expert picks
  ABC News
  As part of ESPN Fantasy's efforts to give daily gamers intel on whom to target in DFS, our fantasy golf experts are here to share the players they view as building blocks for this weekend's event. The panel for the Farmers Insurance Open features ESPN ...
  Top Farmers Insurance Open golfersSports On Earth
  Farmers Insurance Open 2016: Tee Times, TV Schedule, Prize MoneyGolf.com
  Jason Day pulls out of Farmers Insurance Open
  

• Genest Joins Premier Insurance Services in West as President

  27-01-2016 16:39
  
  Rick Genest has joined Premier Insurance Services as the company’s president. Genest joins Premier from Freeway Insurance/Confie Seguros, where he was the Houston, Texas-based president. Prior to Freeway he was associate vice president of Titan Auto (Nationwide) in nine states. …
  
  Read more

• Exxon: Oil & Gas to Will Continue Dominate Energy Sector for Decades

  27-01-2016 16:39
  
  The way Texas-based oil giant Exxon Mobil sees it, the global energy landscape won’t be radically different in 2040 than it is today. Oil and gas will remain king, accounting for an even slightly larger share of the energy supply. …
  
  Read more

• The Zebra, A “Kayak For Auto Insurance,” Grabs $17 Million To Better Educate Drivers About Rates & Coverage - TechCrunch

  27-01-2016 16:35 via
  TechCrunch
  The Zebra, A “Kayak For Auto Insurance,” Grabs $17 Million To Better Educate Drivers About Rates & Coverage
  TechCrunch
  Austin-based The Zebra, a startup that's something of a “Kayak for auto insurance,” has been working to bring the process of shopping for insurance online, where consumers can more transparently compare quotes and understand how insurance companies ...
  The Zebra Is Latest Insurance 'Disrupter' to Attract FundingInsurance Journal
  Car i
  

• Ford adds almost 400,000 Ranger pickup trucks to air bag recall

  27-01-2016 16:00
  
  Ford Rangers from 2004 to 2006 have been added to growing list of vehicles recalled for faulty Takata air bags.
  
  Read more

• Insurer Comings-and-Goings Show US Crop Insurance a Field for Specialists - Insurance Journal

  27-01-2016 15:44 via
  Insurer Comings-and-Goings Show US Crop Insurance a Field for Specialists
  Insurance Journal
  The U.S. crop insurance market has been abandoned by some of its largest companies as lower agricultural prices crimp revenue, and uncertainty about federal aid clouds the business's future. Cargill Inc., the largest privately held company in the U.S ...and more »
  

• Insurer Exits Show U.S. Crop Insurance a Field for Specialists

  27-01-2016 15:05
  
  The U.S. crop insurance market has been abandoned by some of its largest companies as lower agricultural prices crimp revenue, and uncertainty about federal aid clouds the business’s future. Cargill Inc., the largest privately held company in the U.S., last …
  
  Read more

• Insurer Comings-and-Goings Show U.S. Crop Insurance a Field for Specialists

  27-01-2016 15:05
  
  The U.S. crop insurance market has been abandoned by some of its largest companies as lower agricultural prices crimp revenue, and uncertainty about federal aid clouds the business’s future. Cargill Inc., the largest privately held company in the U.S., last …
  
  Read more

• El Faro Cargo Ship Owner Settles Death Claims with Sailors’ Families

  27-01-2016 14:43
  
  The families of 10 sailors aboard a cargo ship that sank in a hurricane last year have settled claims with the vessel’s owner. The Florida Times-Union reports that each of the families will receive $500,000 each in the settlement with …
  
  Read more

• Franchises Ask Supreme Court to Hear Seattle Minimum Wage

  27-01-2016 14:38
  
  A business group said on Monday it is asking the U.S. Supreme Court to hear its appeal of a lower-court ruling tossing out its challenge of part of Seattle’s law to increase the minimum wage. The International Franchise Association, which …
  
  Read more

• 2015 Cat Bond Activity Down Slightly from Record Levels in 2014: GC Securities

  27-01-2016 14:13
  
  While property and casualty catastrophe bond primary issuance levels were “uncharacteristically low” in the fourth quarter of 2015, totals at year-end were only slightly lower than the all-time high levels reported in 2014, according to GC Securities, a division of MMC …
  
  Read more

• Lyft’s $12 Million Settlement with Ridesharing Drivers Avoids Employee Classification

  27-01-2016 14:10
  
  Ride-hailing service Lyft has agreed to settle a proposed class action lawsuit in California by giving drivers additional workplace protections but without classifying them as employees, removing a major threat to its business model. The settlement agreement, filed late on …
  
  Read more

• Atlanta RIMS chapter to hold conference Feb. 25-26

  27-01-2016 13:45
  
  This year's theme is "Envisioning the Future of Risk."
  
  Read more

• How to establish your professional brand and make a lasting first impression

  27-01-2016 13:30
  
  Thanks to social media, your prospective clients are meeting you before you ever shake their hands.
  
  Read more

• How insurance agents can mitigate malpractice risk: Do the right thing

  27-01-2016 13:15
  
  The starting place to avoiding a future malpractice claim is at the beginning of a client relationship.
  
  Read more

• 10 trends to affect insurance marketplace in 2016

  27-01-2016 13:00
  
  In its annual Top 10 List report, Marsh’s U.S. Casualty Practice analyzes the state of the casualty insurance market, and identifies key trends that are expected to shape the insurance marketplace.
  
  Read more

• RSA Appoints Hancock to Lead Broker Relationships, Heiss as Chief Legal Officer

  27-01-2016 12:44
  
  RSA, announced that Derek Walsh, group general counsel, company secretary and global broker relationship director, has decided to leave RSA at the end of February after five and half years. In response to Walsh’s departure, RSA said that Jon Hancock will …
  
  Read more

• Firms Look at New Tools Designed to Foil Hackers as Firewalls Prove Inadequate

  27-01-2016 12:11
  
  With firewalls no longer seen as enough of a defense against security breaches, companies are looking at new tools to foil hackers trying to enter a computer network. U.S. and Israeli startups are leading the way, with new approaches such …
  
  Read more

• Marsh Launches Global Excess Cyber Risk Facility Called ‘Cyber ECHO’

  27-01-2016 11:32
  
  Marsh has launched “Cyber ECHO”, a global excess cyber risk facility that provides more reliable insurance coverage for organizations around the world. Following a series of high-profile cyber losses, underwriters have become more selective and may actually reduce the amount …
  
  Read more

• Generali Shares Drop on Greco’s Decision to Join Zurich as CEO

  27-01-2016 10:50
  
  Assicurazioni Generali SpA dropped to the lowest since July 2013 after Mario Greco said he was leaving the Italian insurer to join Zurich Insurance Group AG as its chief executive officer. Generali, which has yet to announce an interim CEO, traded 2.3 …
  
  Read more

• Insurance Placement Difficulties Delay Iranian Crude Exports to Europe

  27-01-2016 10:12
  
  Efforts by Iran to start exporting oil to Europe are being held up as foreign tanker owners are still struggling to secure insurance for cargoes, leading shipping players said on Tuesday. A nuclear deal between world powers and Iran earlier this month …
  
  Read more

• Safe Harbor Pollution Insurance Increases Marine Pollution Liability Capacity

  27-01-2016 10:00
  
  Safe Harbor Pollution Insurance, a provider of vessel pollution liability insurance, has expanded its carrier partnerships to include Berkshire Hathaway Specialty Insurance Co. (BHSI) and Argonaut Insurance Co. Safe Harbor now has more than tripled its in-house capacity. BHSI and …
  
  Read more

Follow @Insurance_Newsl on Twitter!