Insurance news

• Kern County wildfire victims may have insurance coverage for additional living expenses - Bakersfield Now

  24-06-2016 23:19 via bakersfieldnow.com
  Bakersfield Now
  Kern County wildfire victims may have insurance coverage for additional living expenses
  Bakersfield Now
  Destruction from the Erskine Fire in the Lake Isabella, Calif., area is seen Friday morning, June 24, 2016. (KBAK/KBFX photo/John Raguindin). 0shares. tweet now! 0shares. tweet now! BAKERSFIELD, Calif. (KBAK/KBFX) — Thousands of Kern County ...and more »
  
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• Brexit and the P&C insurance industry: What's next? - PropertyCasualty360

  24-06-2016 20:53 via propertycasualty360.com
  
  PropertyCasualty360
  Brexit and the P&C insurance industry: What's next?
  PropertyCasualty360
  Although the United Kingdom has voted to leave the European Union, it will take some time to understand the complete ramifications, especially for the property and casualty insurance industry. (Photo: iStock). Editor's note: Updated 4 p.m. ET. In a ...
  Re/Insurance Business Leaders Begin to Comment on Post-Brexit WorldInsurance Journal
  Insurance sector hit hard by Brexit voteFinancial Times
  Morning B
  
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• What to say to dental patients who ask about their 'insurance' - Dentistry IQ

  24-06-2016 20:40 via dentistryiq.com
  Dentistry IQ
  What to say to dental patients who ask about their 'insurance'
  Dentistry IQ
  Most patients have a hard time understanding their dental benefits. There are as many different plans as there are contracts, and dental insurance is not the same as medical insurance. In fact, it's not really “insurance” at all. A patient's employer ...and more »
  
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• Pacific Life Insurance opening business center in Lynchburg, creating 300 new jobs - WDBJ7

  24-06-2016 20:15 via wdbj7.com
  
  WDBJ7
  Pacific Life Insurance opening business center in Lynchburg, creating 300 new jobs
  WDBJ7
  LYNCHBURG, Va. (WDBJ7) Governor McAuliffe announced Friday that Pacific Life Insurance will open a business center in Lynchburg, creating 300 new jobs. Pacific Life Insurance will invest nearly $4 million to open a business center in Lynchburg.and more »
  
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• Should college students have life insurance? - New Jersey 101.5 FM Radio

  24-06-2016 20:12 via nj1015.com
  
  New Jersey 101.5 FM Radio
  Should college students have life insurance?
  New Jersey 101.5 FM Radio
  Q. I've heard that I should get life insurance for my son, who starts college in September. This would be to cover his college loans — he will need many — should something ever happen to him. Does that make sense? — Mom. A. The question of buying ...
  Credit life insurance: know your rightsIndependent Onlineall 3 news articles »
  
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• Pennsylvania Insurance Commissioner Conveys Importance of Mental Health and Substance Use Disorder Coverage - PR Newswire (press release)

  24-06-2016 19:47 via prnewswire.com
  
  Pennsylvania Insurance Commissioner Conveys Importance of Mental Health and Substance Use Disorder Coverage
  PR Newswire (press release)
  HARRISBURG, Pa., June 24, 2016 /PRNewswire-USNewswire/ -- Insurance Commissioner Teresa Miller today reiterated to consumers that enforcement of the Mental Health Parity and Addiction Equity Act is a priority for her department and encouraged ...
  
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• Ferndale insurance seller cheated on exam, state office says - The Bellingham Herald

  24-06-2016 19:37 via bellinghamherald.com
  
  Ferndale insurance seller cheated on exam, state office says
  The Bellingham Herald
  The state has yanked the license of a Ferndale insurance seller after catching him trying to help others cheat on an exam, according to the Office of the Insurance Commissioner. Harinderjit Singh Bisla of Ferndale took photos of pages of the state's ...
  
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• Allianz Names Walter West Zone Farm And Ranch Team Lead

  24-06-2016 19:15
  
  Allianz Global Corporate & Specialty has named Karen Walter team lead for the West zone farm and ranch division. Walter will report through to both Craig Cendak, West zone mid corporation leader, and Atul Kulkarni, global practice group leader for …
  
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• Lockton Names Michon Executive Vice President in Northern California

  24-06-2016 18:55
  
  Lockton has named Alex Michon an executive vice president and leader of client service and business development in its new Sacramento, Calif. office. Michon is a 21-year veteran of Aon, where he was vice president and Sacramento office leader. He …
  
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• Despite Record Rainfall Last Fall, Drought Creeps Into Parts of South Carolina

  24-06-2016 18:54
  
  People might not know it from the lush fields and full lakes in most of South Carolina, but drought is creeping into the northwest corner of the state. A June heat wave combined with weeks of dry weather has a …
  
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• IBHS Receives 2016 IMCA Innovation Torchbearer Award

  24-06-2016 18:51
  
  The Insurance Institute for Business & Home Safety (IBHS) received the 2016 Innovation Torchbearer Award from the Insurance Marketing & Communications Association. IMCA’s annual Innovation Torchbearer Award recognizes individuals or organizations that have demonstrated innovative ideas or initiatives impacting the …
  
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• How will Brexit affect P&C insurers? No one quite knows yet

  24-06-2016 18:50
  
  Although the United Kingdom has voted to leave the European Union, it will take some time to understand the complete ramifications, especially for the property and casualty insurance industry.
  
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• Brexit and the P&C insurance industry: What’s next?

  24-06-2016 18:50
  
  Although the United Kingdom has voted to leave the European Union, it will take some time to understand the complete ramifications, especially for the property and casualty insurance industry.
  
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• Ohio Bill Targets Abusive Practices of Tow Truck Operators

  24-06-2016 18:45
  
  An Ohio insurer trade groups says a bill introduced into the General Assembly would help rein in the predatory practices of some towing business operators in the state. The primary focus of House Bill 341, introduced by Reps. Ron Young …
  
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• Chubb Names P/C Insurance Risk Engineering Leaders for Europe

  24-06-2016 18:43
  
  Chubb announced the leadership of its property & casualty (P/C) risk engineering team in Europe, all effective immediately. Paul Brooke, formerly head of property risk engineering, UK and Ireland for legacy ACE, will serve as head of P/C risk engineering …
  
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• Uber Reaches Deal to Re-Enter Alabama City

  24-06-2016 18:34
  
  An agreement that would bring Uber back to Tuscaloosa has been reached, although the city council still must give final approval next week. The Tuscaloosa News reports that most city councilors support the ride-for-hire amendment that will allow Uber to …
  
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• June 17 North Dakota Storm Damages Adding Up, Regulators Say

  24-06-2016 18:33
  
  The North Dakota Department of Insurance reported that the Bismarck/Mandan-area storm that occurred on June 17 is developing into one of the largest claim events for 2016 in state, which has experienced several severe weather events this spring. So far, …
  
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• Texas State Senator Sues Cowboys Player over Allegedly Trashed House

  24-06-2016 18:27
  
  Dez Bryant faces a lawsuit from his former landlord over allegations of more than $60,000 in damages to a house that the Dallas Cowboys receiver leased. The civil suit was filed last week by Texas state Sen. Royce West, an …
  
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• Settlement to Make Punitive Damages from 2010 Oil Spill Available to Claimants

  24-06-2016 18:24
  
  Nearly $1.24 billion in punitive damages arising from BP’s 2010 Gulf of Mexico oil spill will become available to property owners and some fishermen affected by the spill under a pending settlement with two corporations that also had a role …
  
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• AFG Rebranding to Associated Benefits and Risk Consulting

  24-06-2016 18:21
  
  Greenbay, Wis.-based Associated Bank announced that it will rebrand its Associated Financial Group (AFG) subsidiary to Associated Benefits and Risk Consulting (ABRC). The move follows the February 2015 acquisition and subsequent integration of Ahmann & Martin Co., a risk and …
  
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• TWFG Honors Top Agents with Awards

  24-06-2016 18:18
  
  The Woodlands, Texas-based The Woodlands Financial Group announced its annual agent awards at the group’s recent national convention. President and CEO Gordy Bunch inducted 20 new members into the Million Dollar Club and welcomed three new members into the TWFG President’s Club. …
  
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• More California Drivers Spotted Using Cellphones, Traffic Report Shows

  24-06-2016 17:45
  
  The number of California drivers using cellphones is rising, as are deaths and injuries blamed on distracted driving. The California Office of Traffic Safety reported this week that nearly 13 percent of drivers were seen using mobile devices in an …
  
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• Unlicensed Agent Nabbed for Stealing More Than $140K in Premiums

  24-06-2016 17:41
  
  Robert Meseer, 63, of Westminster, was arrested by California Department of Insurance investigators on 32 felony counts of grand theft, insurance fraud, and forgery after acting as an insurance agent to allegedly steal more than $140,000 from several business owners. …
  
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• California’s Last Nuke Plant Would Be Closed by 2025 Under Deal

  24-06-2016 17:36
  
  California’s last nuclear power plant will close by 2025 under an accord announced this week, ending three decades of safety debates that helped fuel the national anti-nuclear power movement. The state’s largest utility, Pacific Gas & Electric Co., and environmental …
  
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• Oregon Teen Disfigured During School Trip to Costa Rica Sues For $20M

  24-06-2016 17:31
  
  An Oregon teenager who was disfigured during a school trip in Costa Rica has filed a $20.8 million lawsuit against his former high school. The Oregonian/OregonLive reported that Joseph Christopher Johnson filed the suit earlier this week against Salem Academy, …
  
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• California Commissioner Asks National Regulators to Block Aetna-Humana Deal

  24-06-2016 17:29
  
  California’s insurance commissioner on Thursday urged national antitrust regulators to block health insurer Aetna Inc’s proposed $34 billion acquisition of Humana Inc. David Jones, whose state Department of Insurance does not have authority to block the deal, said the acquisition …
  
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• Becoming an 'insurance hero' - PropertyCasualty360

  24-06-2016 17:20 via propertycasualty360.com
  
  PropertyCasualty360
  Becoming an 'insurance hero'
  PropertyCasualty360
  The first step to becoming a trusted adviser is being an “insurance hero.” (Photo: iStock). Those of us in the insurance business help in many ways in the course of our daily work routine. How? As trusted advisors, clients frequently contact us with ...
  
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• 5 Things You Need to Know About Commercial Vehicle Insurance - Huffington Post

  24-06-2016 16:50 via huffingtonpost.com
  
  Huffington Post
  5 Things You Need to Know About Commercial Vehicle Insurance
  Huffington Post
  As a business owner, there are numerous responsibilities that keep arising and it could get overwhelming when there's no clear guidance especially for new entrepreneurs. One of the aspects that cannot be overlooked for businesses is commercial auto ...
  
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• U.K. insurers reel as Brexit threatens $2.6 trillion of assets

  24-06-2016 16:27
  
  British insurers have been left reeling after the country’s surprise decision to exit the European Union.
  
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• XL Group’s Shareholders Approve Move to Bermuda from Ireland

  24-06-2016 16:24
  
  XL Group plc announced that its ordinary shareholders have approved a scheme of arrangement that will change the place of incorporation of the ultimate parent holding company to Bermuda from Ireland, which is expected to be completed in the third …
  
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• Summer seasonal hazards, by the numbers

  24-06-2016 15:00
  
  There are common dangers you face in the summer, but they vary around the United States. Here's a look at what they are by region.
  
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• When to buy travel insurance - Minneapolis Star Tribune

  24-06-2016 14:31 via startribune.com
  
  Minneapolis Star Tribune
  When to buy travel insurance
  Minneapolis Star Tribune
  Star Tribune file Expensive, once-in-a-lifetime trips — such as a cruise to the Galápagos Islands — could warrant buying travel insurance. Text size. comment. share. tweet. email. Print. more. Share on: Share on LinkedIn Share on Google+ Share on ...
  
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• Illinois insurance co-op sues feds over health law payments - ModernHealthcare.com

  24-06-2016 14:07 via modernhealthcare.com
  
  USA TODAY
  Illinois insurance co-op sues feds over health law payments
  ModernHealthcare.com
  A struggling Illinois health insurance co-op is suing the federal government, claiming it is being shortchanged $72.8 million in promised payments under the Affordable Care Act. Chicago-based Land of Lincoln Health filed the lawsuit Thursday in the U.S ...
  GOP health insurance plan would make workers pay tax on benefitsUSA TODAY
  Illinois insurance co-op is latest insurer to sue feds over ACA paymentsBecke
  
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• California Insurance Commissioner Weighs In Against Aetna-Humana Deal - Kaiser Health News

  24-06-2016 14:07 via khn.org
  
  Kaiser Health News
  California Insurance Commissioner Weighs In Against Aetna-Humana Deal
  Kaiser Health News
  California's insurance commissioner on Thursday recommended that federal officials block Aetna Inc.'s proposed $37 billion acquisition of Humana Inc., saying the deal would suppress market competition and harm consumers. The official opinion of Dave ...
  Health insurance mergers put consumers lastThe Hill (blog)
  California insurance chief urges US to block Aetna-Humana dealReuters
  Cal
  
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• Re/Insurance Business Leaders Comment on Brexit

  24-06-2016 14:03
  
  The UK joined the European Union in January 1973, and yesterday, the UK public voted to leave. After 43 years of marriage, the divorce proceedings will soon begin. No one knows how long it will take for the UK to …
  
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• Re/Insurance Business Leaders Begin to Comment on Post-Brexit World

  24-06-2016 14:03
  
  The UK joined the European Union in January 1973, and yesterday, the UK public voted to leave. After 43 years of marriage, the divorce proceedings will soon begin. No one knows how long it will take for the UK to …
  
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• Empowering the future for independent insurance agents

  24-06-2016 13:15
  
  The independent agent channel has defied some very dire predictions in recent years. We can enjoy continued success in the coming years, but only if we start preparing today.
  
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• 5 tips: Better sleep will boost your productivity

  24-06-2016 12:45
  
  Are you getting less done than you'd like? These five tips for achieving better sleep can help you turn things around.
  
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• Prime Property & Casualty Expands into Florida Commercial Auto Market

  24-06-2016 12:00
  
  Prime Property and Casualty Insurance Inc. (PPCI) has expanded into the Florida commercial auto market as an admitted carrier specializing in insurance products for distressed and substandard risks. PPCI is able to insure any commercial auto risk class with adverse …
  
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• Integro Appoints Behrends as CFO

  24-06-2016 10:00
  
  New York-based international broker and risk management firm Integro Insurance Brokers announced the hiring of Andrew Behrends as chief financial officer. Behrends brings 20 years of financial management experience to Integro.  Most recently he had been interim CFO of One …
  
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• Update: Britain Votes to Leave EU; Prime Minister Cameron Resigns

  24-06-2016 09:04
  
  Britain has voted to leave the European Union, forcing the resignation of Prime Minister David Cameron and dealing the biggest blow to the European project of greater unity since World War Two. Global financial markets plunged as results from Thursday’s …
  
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• Alliant's Mondshine Joins USI Insurance as Personal Risk Operations Director - Insurance Journal

  24-06-2016 09:04 via insurancejournal.com
  
  Alliant's Mondshine Joins USI Insurance as Personal Risk Operations Director
  Insurance Journal
  Karen Mondshine has joined the national insurance broker USI Insurance Services as as the national director of personal risk operations. She will be responsible for partnering with USI's regional and national teams to serve USI personal risk clients ...
  
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• Rhode Island Gets New Chief and Associate Workers’ Compensation Judges

  24-06-2016 09:00
  
  Rhode Island Governor Gina M. Raimondo this week hosted official swearing-in ceremonies for a new chief judge and an associate judge of the state Workers’ Compensation Court. Judge Robert Ferrieri is the new chief judge of the court.  He will …
  
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• Alliant’s Mondshine Joins USI Insurance as Personal Risk Operations Director

  24-06-2016 09:00
  
  Karen Mondshine has joined the national insurance broker USI Insurance Services as as the national director of personal risk operations. She will be responsible for partnering with USI’s regional and national teams to serve USI personal risk clients from onboarding …
  
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• New York Area Car Wash Workers Awarded Back Pay

  24-06-2016 08:00
  
  Eighteen immigrant car wash employees in New York and New Jersey received more than $91,000 each as part of a federal court settlement for unpaid wages, making it the biggest per-worker recovery in the car wash industry, lawyers said on …
  
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• Authors, Backers of Dodd-Frank Criticize Court for Cutting MetLife ‘Too-Big-To-Fail’ Tag

  24-06-2016 07:10
  
  A federal court’s striking down of the government’s designation of insurer MetLife Inc as “too-big-to-fail” could undermine efforts to head off another financial crisis, authors of the landmark Dodd-Frank Wall Street reform law said. In a brief filed on Thursday …
  
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• For Disney in Florida, Capturing ‘Nuisance’ Alligators Is Normal Part of Business

  24-06-2016 07:00
  
  Walt Disney Co. has had more than 240 “nuisance” alligators captured and killed over the last 10 years at its Florida theme park property, according to state records.  The records reveal the park’s constant struggle to keep alligators away from …
  
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• Cross Insurance Buys Bardwell, Bowlby & Karem Agency in Berkshires

  24-06-2016 07:00
  
  Cross Insurance has expanded its presence in western Massachusetts, New York and southern Vermont with the purchase of Pittsfield, Massachusetts-based independent insurance agency Bardwell, Bowlby & Karam, which has been serving the Berkshire area for 100 years. Terms of the acquisition are …
  
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• Hanover Stone Partners, USA Risk Group to Offer Captive Management Services

  24-06-2016 06:00
  
  Hanover Stone Partners, a risk management services firm, and USA Risk Group, an independent captive management firm, have collaborated to offer captive management, governance and related services to businesses and other commercial entities. The two firms will provide a full …
  
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• New Milford drops health insurance for cemetery, Children's - Danbury News Times

  24-06-2016 02:27 via newstimes.com
  
  Danbury News Times
  New Milford drops health insurance for cemetery, Children's
  Danbury News Times
  NEW MILFORD — Since 1990, employees of The Children's Center in New Milford have had their health insurance provided by the town. But town officials say they will no longer be eligible for the benefits and shouldn't have had them in the first place.and more »
  
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