Insurance news

• LPI confident of handling insurance for MRT 2 - The Star Online

  21-03-2016 23:56
  The Star Online
  LPI confident of handling insurance for MRT 2
  The Star Online
  KUALA LUMPUR: Insurer LPI Capital Bhd is confident it has the technical expertise to manage the insurance programme for the Mass Rapid Transit (MRT) 2 project, if it manages to secure the deal. Its insurance unit, Lonpac Insurance Bhd, which is bidding ...
  

• Proof Of License, Insurance Missing For Volunteers Who Drove Children In State Care - KUOW News and Information

  21-03-2016 23:48
  KUOW News and Information
  Proof Of License, Insurance Missing For Volunteers Who Drove Children In State Care
  KUOW News and Information
  A driver's license and proof of insurance are two basics before getting behind the wheel. But Washington state auditors couldn't find those documents for four volunteer drivers who ferried foster youth to appointments. Foster kids have places to go ...and more »
  

• Hailstorm in Tarrant County tops $600 million in insurance claims - Fort Worth Star Telegram

  21-03-2016 23:21
  Fort Worth Star Telegram
  Hailstorm in Tarrant County tops $600 million in insurance claims
  Fort Worth Star Telegram
  As of Sunday, State Farm had 5,820 auto claims and 2,630 property claims from last week's storm. Most of those claims were in Tarrant County, said State Farm spokesman Chris Pilcic. (Star-Telegram/Max Faulkner) [email protected] more »
  

• EPIC Names McDonnell Managing Principal in California

  21-03-2016 23:10
  
  Edgewood Partners Insurance Center has named Brian McDonnell a managing principal, and the formation of a national construction specialty group. McDonnell will be based in EPIC’s Concord, Calif. office and report to Derek Thomas, chief strategy officer and co-leader of EPIC’s …
  
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• Noonan Named Principal of Cavignac & Associates in California

  21-03-2016 23:02
  
  Matthew Noonan has been named principal of San Diego, Calif.-based Cavignac & Associates. He joins Jeff Cavignac, Jim Schabarum, Scott Bedingfield, Patrick Casinelli and Matthew Slakoff in part ownership of Cavignac & Associates, participating on the company’s executive board of …
  
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• Non-compliant insurance companies face penalty - The Herald

  21-03-2016 23:00
  Non-compliant insurance companies face penalty
  The Herald
  THE Commissioner of Insurance and Pensions has started penalising pension funds and insurance companies that failed to comply with prescribed asset ratio requirements as at December 31, 2015. In July 2014, the Ministry of Finance and Economic ...and more »
  

• Farmers CEO Remembers Joplin Tornado at California Gala

  21-03-2016 22:49
  
  Jeff Dailey, CEO of Farmers Insurance, turned what could have been a mere acceptance speech into a lesson-filled personal account of his first time seeing the devastation wreaked by the May 2011 tornado in Joplin, Mo. “Joplin was a major …
  
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• Trends in Employer-Sponsored Insurance Offer and Coverage Rates, 1999-2014 « » The Henry J. Kaiser Family ... - Kaiser Family Foundation

  21-03-2016 22:28
  Kaiser Family Foundation
  Trends in Employer-Sponsored Insurance Offer and Coverage Rates, 1999-2014 « » The Henry J. Kaiser Family ...
  Kaiser Family Foundation
  The majority of nonelderly people get their health coverage through an employer-based plan. This issue brief uses data from the National Health Interview Survey (NHIS) to examine trends in employer-sponsored health insurance (ESI) for different types ...and more »
  

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• Paris train attack hero's father indicted in arson insurance fraud scheme - Los Angeles Times

  21-03-2016 21:19
  Los Angeles Times
  Paris train attack hero's father indicted in arson insurance fraud scheme
  Los Angeles Times
  The father of U.S. Airman Spencer Stone – one of three men who stopped an attack aboard a Paris-bound train last year – has been indicted in an arson fraud scheme in Sacramento, according to federal court documents. Brian J. Stone and two other men ...and more »
  

• Sanctions for Failing to Investigate Insurance under Federal Rule 26 - The National Law Review

  21-03-2016 21:08
  Sanctions for Failing to Investigate Insurance under Federal Rule 26
  The National Law Review
  In two recent cases, lawyers have been sanctioned for failing to understand their client's insurance program. These cases (along with others from the past) illustrate that courts are increasingly placing a burden on defense lawyers to have a basic ...and more »
  

• The one travel insurance clause you shouldn't ignore - MoneySense

  21-03-2016 20:41
  MoneySense
  The one travel insurance clause you shouldn't ignore
  MoneySense
  The recent story of A Surrey, B.C., couple's vacation gone wrong just goes to show how important it is for Canadians to fully understand the so-called “cheap” insurance policies they're buying. Mel Milaney and her husband, Tom, were going on a three ...
  

• Gov. Scott begins interviewing candidates for state Insurance Commissioner - Florida Politics (blog)

  21-03-2016 20:37
  Florida Politics (blog)
  Gov. Scott begins interviewing candidates for state Insurance Commissioner
  Florida Politics (blog)
  Earlier we provided you with a breakdown of the 55 applicants for Insurance Commissioner. It appears the Governor's Office isn't wasting any time sifting through the applicants and narrowing down the pool of candidates. Per the Governor's ...and more »
  

• Money managers starting to buy cyber insurance - Business Insurance

  21-03-2016 20:19
  Money managers starting to buy cyber insurance
  Business Insurance
  Money managers increasingly are buying cyber security insurance to supplement their technology security strategies to both combat data breaches and deal with repercussions if hackers do break in. About 30% of U.S. institutional money managers had cyber ...and more »
  

• Insurance License Suspended Despite No Crime - Chicago Defender

  21-03-2016 19:55
  Insurance License Suspended Despite No Crime
  Chicago Defender
  During the summer of 2011, Kenneth Mannie, CEO of Coordinating Care Health Services, Inc. (CCHS Inc.) – a health care insurer that specialized in Medicare, over 65 clients – was recruited by a Field Marketing Organization (FMO), Healthcare Solutions ...
  

• Insurance Council of Texas gives $7,500 in scholarships to UT Dallas students

  21-03-2016 19:30
  
  ICT's educational foundation also helped fund establishment of a Gamma Iota Sigma chapter at the University of Texas's Dallas campus.
  
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• N.H. Report Recommends More Planning Against Coastal Hazards

  21-03-2016 17:59
  
  A report says New Hampshire’s coastal communities’ exposure to future flood risks is significant, and now’s the time to plan to minimize that. The New Hampshire Coastal Risk and Hazards Commission spent 2 1/2 years looking at areas vulnerable to …
  
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• Ironshore Environmental Expands Spill Coverage to Real Estate Segment

  21-03-2016 17:58
  
  Ironshore Environmental is expanding its industry SPILLS program to the real estate sector, offering blanket coverage for all owned and leased residential and commercial properties without the need to schedule properties. The policy includes comprehensive coverage for remediation expenses, emergency response expenses, bodily …
  
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• FlyDubai jet crash kills 62 in failed Russia landing attempt

  21-03-2016 17:54
  
  A passenger jet operated by Middle Eastern budget carrier FlyDubai broke apart while trying to land in high winds in the southern Russian city of Rostov-on-Don Saturday morning, killing all 62 people on board.
  
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• Virginia to Hold Hearing on Anthem’s Proposed Acquisiton of Cigna

  21-03-2016 17:32
  
  Virginia’s State Corporation Commission (SCC) announced that it will hold a public hearing in May to consider the competitive impact of Anthem Inc.’s proposed acquisition of Cigna Corporation and its subsidiaries. As part of that merger, the SCC must consider …
  
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• Survey: NW Arkansas Companies Seek to Hire Thousands, Expand Rapidly

  21-03-2016 17:32
  
  A regional employer survey suggests that northwest Arkansas companies want to create more than 3,100 jobs and invest more than $336 million in expansion during the next three years. Arkansas Business reports that a quarter of the companies interviewed by …
  
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• Iowa Lawmakers Say No to Higher Speed Limits

  21-03-2016 17:29
  
  Efforts to increase speed limits on Iowa freeways and rural roads failed in the Legislature this year amid safety concerns, but officials acknowledged such moves are popular with drivers and likely will come before lawmakers again. Several bills were introduced …
  
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• Iowa Egg Farm Wastewater Spill Case Sent to Attorney General

  21-03-2016 17:26
  
  One of the nation’s largest egg farms, which lost millions of hens in last year’s bird flu outbreak, is defending itself against legal action by the state over a wastewater spill that fouled 18 miles of stream in northwest Iowa …
  
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• Indiana Mans Gets 2 Life Sentences in Deadly House Blast

  21-03-2016 17:22
  
  A judge sentenced an Indianapolis man to more than two life sentences in prison for his role in a 2012 house explosion that killed two people and destroyed or damaged dozens of homes in a scheme to collect insurance money. …
  
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• Guilty Plea in Theft of $1.5M Insurance Settlement in Louisiana

  21-03-2016 17:18
  
  A Lafayette, La., man is facing a possible 20-year prison sentence for stealing about $1.5 million from an insurance settlement received by his sister. U.S. Attorney Stephanie Finley said that 37-year-old Kevin Ralph Andrus pleaded guilty to one count of …
  
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• Axa’s De Castries to retire early, Buberl to take CEO post

  21-03-2016 17:18
  
  Axa SA Chairman and Chief Executive Officer Henri de Castries is leaving earlier than expected, handing over the post of CEO to Thomas Buberl as France’s largest insurer splits its top jobs.
  
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• Storms Set Oil Field Equipment on Fire Near Houston

  21-03-2016 17:17
  
  Lingering thunderstorms were blamed for a fire that damaged an oil field equipment site on March 19 near Houston and power outages in South Texas that left more than 50,000 homes and businesses without electricity. Emergency officials said no injuries …
  
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• New York’s E-Prescribing Law Takes Effect This Month

  21-03-2016 17:12
  
  The scribbled, cryptic doctor’s prescription is headed toward eradication in New York, where the nation’s toughest paperless-prescribing requirement takes effect this month. Instead of handing patients slips of paper, physicians soon must electronically send orders directly to pharmacies for everything …
  
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• N.Y. Unveils Plan to Target Zika Virus; Conn. Identifies 1st Zika Case

  21-03-2016 17:11
  
  New York state will monitor and target a type of mosquito that officials fear could spread the Zika virus, part of a new plan to combat the disease that also includes distributing prevention kits to pregnant women. The state has …
  
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• Wage Insurance: Paycheck Socialism - The New American

  21-03-2016 16:59
  Wage Insurance: Paycheck Socialism
  The New American
  Following the adoption of the $15 minimum wage in Seattle and numerous other cities, and with presidential candidate Bernie Sanders calling for an $18-trillion explosion of “democratic socialism” upon the United States, alarms bells are sounding loudly ...
  

• Chubb leads hull and liability insurance coverage in deadly Flydubai crash - Business Insurance

  21-03-2016 16:49
  Business Insurance
  Chubb leads hull and liability insurance coverage in deadly Flydubai crash
  Business Insurance
  Photo by REUTERS Emergencies Ministry members work at the crash site of a Boeing 737-800 Flight FZ981 operated by Dubai-based budget carrier Flydubai, at the airport of Rostov-On-Don, Russia on Sunday. Chubb Ltd. leads the hull and liability ...and more »
  

• Who's using what in the P&C insurance industry: March 21, 2016 - PropertyCasualty360

  21-03-2016 16:43
  PropertyCasualty360
  Who's using what in the P&C insurance industry: March 21, 2016
  PropertyCasualty360
  Stamford, Conn.-based technology company Pitney Bowes Inc. said that Madison, Wis.-based property and casualty insurance company American Family Insurance is using its EngageOne Video software as part of the company's client engagement strategy.
  

• Who's using what in the P&C insurance industry: March 21, 2016

  21-03-2016 16:40
  
  News from Valen Analytics, Pitney Bowes, Sapiens and more.
  
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• Washington Officials Say 26 Homes in Chelan County at Risk of Landslide

  21-03-2016 16:20
  
  Emergency management officials in Washington say a neighborhood of 26 homes near Wenatchee is at imminent risk for a landslide. The Chelan County Sheriff’s Office said Thursday the slope between 4900 and 5200 Whispering Ridge Road has been determined to …
  
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• Oregon Man Suing Over ‘Dangerous’ Llama

  21-03-2016 16:18
  
  An Oregon man is suing farm owners after he broke his leg in a confrontation with their llama. The Mail Tribune reported that 33-year-old Justin Stranberg is suing for $332,675, saying the owners of Holleywood Farm failed “to warn of …
  
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• Wyoming Workplace Safety Meetings Planned Around State

  21-03-2016 16:15
  
  Responding to the trend of workplace shootings that have happened around the country, the state of Wyoming is offering free workplace training in April and May to inform workers and supervisors how to respond to active shooter situations and other …
  
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