Insurance news

• Texas Doctors Concerned About High Rate of Child Gun Accident Victims

  22-08-2016 18:53
  
  Dr. David Wesson points to a spot below his belly button. That’s where the .22-caliber bullet pierced the abdomen of the first pediatric gunshot victim he ever treated. The Houston Chronicle reports the boy was 1 month old. He was …
  
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• North Carolina Agent Accused of Submitting Fraudulent Auto Policies to Allstate

  22-08-2016 18:51
  
  A North Carolina insurance agent has been arrested and accused of creating false auto policies, according to a statement from North Carolina Insurance Commissioner Wayne Goodwin. Eddie Ray Butler, 29, formerly of Greensboro was charged with 11 counts of Identity …
  
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• Protecting Vehicles from Cyberattacks Focus of U. of Arkansas Project

  22-08-2016 18:47
  
  In 2015, two researchers remotely hacked a Jeep Cherokee being driven by a reporter who documented how the researchers controlled everything from the car’s radio and media console to its brakes and steering. For Dr. Shucheng Yu, an associate professor …
  
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• OneBeacon Healthcare Names Craig as President; Promotes Wardell, Toomey

  22-08-2016 18:43
  
  Brenda Craig has been appointed president of OneBeacon Healthcare Group. In this role, Craig is accountable for professional liability business targeting hospitals, physicians and physician groups, medical facilities, senior living organizations and managed care organizations. She will report to Executive …
  
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• AAIS Releases New Drone Coverage Forms, Rules Filings Ahead of FAA Regulations

  22-08-2016 18:40
  
  The American Association of Insurance Services (AAIS), a non-for-profit national insurance advisory organization, announced new filings of Unmanned Aircraft Liability Coverage forms and rules in their Agricultural General Liability Program (AgGL), in response to consumer demand for coverage for unmanned …
  
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• Analysis: Flooding Intensifies Louisiana’s Financial Woes

  22-08-2016 18:38
  
  “How’s your house?” That’s the new greeting for many across south Louisiana as a 20-parish area digs out of catastrophic flooding and its aftermath. The logical next question often remains unspoken: “How do you pay to fix this?” That’s the …
  
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• Ohio-Based Hylant Names Miller Executive Risk Practice Leader

  22-08-2016 18:34
  
  Insurance brokerage Hylant, headquartered in Toledo, Ohio, has promoted Doug Miller to vice president, Executive Risk Practice leader. He assumes the Executive Risk Practice group leadership from Jim Lash, who was recently named president of the Cincinnati office. Miller brings …
  
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• County in Nebraska Seeks Insurance Coverage in Wrong Conviction Case

  22-08-2016 18:32
  
  Nebraska’s Gage County has hired a legal firm to examine insurance coverage in a recent ruling involving six people who were wrongly convicted of the 1985 rape and homicide of a Beatrice woman. Gage County Board of Supervisors Chairman Myron …
  
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• Tornado Causes Property Damage in Michigan but No Injuries or Deaths

  22-08-2016 18:31
  
  A storm that appeared to spawn at least one tornado slammed parts of western Michigan on Saturday, causing extensive damage but no injuries or loss of life, authorities said. State Police spokesman Dale Hinz said damage from the storm stretched …
  
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• Typhoon hits Tokyo, bringing risk of floods, landslides

  22-08-2016 17:40
  
  Typhoon Mindulle unleashed heavy rains on Tokyo, as the tropical storm made landfall near the Japanese capital shortly after noon Monday.
  
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• Networked in California Names Mallette Personal Lines Director

  22-08-2016 17:39
  
  Grass Valley, Calif.-based Networked Insurance Agents has named Deanna Mallette director of personal Lines. Mallette will continue to report to Scott Smith, vice president. Mallette joined Networked in 1993, working her way up to manager of personal lines. She left …
  
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• Former Delaware Administrative Officer’s Defamation Suit To Move Forward

  22-08-2016 17:32
  
  A judge says New Castle County, Delaware’s former chief administrative officer can proceed with a defamation suit over his firing last year by County Executive Tom Gordon. While dismissing David Grimaldi’s claims that his firing violated his First Amendment rights …
  
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• Washington RV Salesman Charged on $81K Workers’ Comp Scam

  22-08-2016 17:30
  
  A Tacoma, Wash.-area man faces a felony theft charge after he was caught working while receiving more than $81,000 in workers’ compensation disability payments. Bobby R. Johnson, 47, was charged with first-degree theft. The Washington Attorney General’s Office filed the …
  
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• Deceased Patient’s Family Sues U of Vermont Medical Center for Malpractice

  22-08-2016 17:30
  
  The family of a New York man who died in the University of Vermont Medical Center’s emergency room in February has filed a lawsuit against the hospital claiming malpractice. The Burlington Free Press reported the suit, filed last month in …
  
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• Man Pleads Guilty to Stealing $1.4M from Pennsylvania Employer

  22-08-2016 17:28
  
  A man federal prosecutors say was victimized in an overseas, online romance scam has pleaded guilty to wire fraud for stealing more than $1.4 million from two Pittsburgh, Penn., area companies whose funds he controlled, according to officials. Jeffery Plimpton, 59, …
  
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• Lockton Hires Russell for Philadelphia Team

  22-08-2016 17:26
  
  Lockton, a privately held insurance broker headquartered in Kansas City, Mo., has added Robert Russell to its employee benefit team as a vice president and unit manager in its Philadelphia, Penn., office. In his new role, Russell will manage Lockton’s …
  
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• California Saw $600M in Workers’ Comp Liens Filed by Convicted Providers

  22-08-2016 17:21
  
  The California Department of Industrial Relations announced that $600 million in liens were filed against injured employees’ claims for workers’ compensation benefits by convicted or criminally indicted parties from 2011 through 2015. California’s workers’ comp law allows certain claims for …
  
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• RMS Releases Suite of Europe Inland Flood Risk Data to Open U/W Opportunities

  22-08-2016 15:05
  
  RMS, the Newark, Calif.-based catastrophe risk management firm, has released a suite of Europe inland flood hazard data products. Describing the release as “the highest resolution view of the risk available on the market,” RMS said the data products include …
  
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• Massachusetts Tax on Ridesharing to Go to Taxis, Infrastructure

  22-08-2016 15:00
  
  Massachusetts is preparing to levy a 5-cent fee per trip on ride-hailing apps such as Uber and Lyft and spend the money on the traditional taxi industry, a subsidy that appears to be the first of its kind in the …
  
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• 5 ways outdoor sports businesses can avoid an insurance pitfall

  22-08-2016 15:00
  
  Businesses that offer outdoor sports and recreation face special risks. The most important thing they need is an insurance agent who understands what those challenges are.
  
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• 66% of Insurers Plan Increased Hiring Over Next Year: Study

  22-08-2016 14:32
  
  More than 66 percent of insurance companies intend to increase staff during the next 12 months, according to a new midyear labor study. That rate is the highest in the history of the study, The U.S. Insurance Labor Outlook Study, …
  
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• Typhoon Mindulle Batters Tokyo, Bringing Risk of Floods and Landslides

  22-08-2016 14:24
  
  Tokyo was pummeled by rain and winds as Mindulle became the first typhoon to make landfall near the metropolitan region in 11 years on Monday, bringing the risk of floods and landslides. The typhoon’s center was estimated to have passed …
  
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• Lloyd’s Insurer ArgoGlobal Grabs O’Gorman from CNA to Lead Marine Team

  22-08-2016 13:44
  
  ArgoGlobal, the Lloyd’s insurer and member of Argo Group, announced the appointment of Steve O’Gorman as head of Marine, effective Aug. 22. He reports to Bruno Ritchie, director of underwriting and active underwriter. The former head of Marine, Philip Thorpe-Apps, …
  
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• Reinsurers’ Strong Enterprise Risk Management Key to Success – and Survival: S&P

  22-08-2016 13:05
  
  The reinsurance sector’s focus on strong enterprise risk management (ERM) frameworks is helping them weather the many headwinds hitting both the asset and liability sides of their balance sheets, according to a report issued by S&P Global Ratings. These headwinds …
  
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• Managing the risk before a False Claims Act claim is made against you

  22-08-2016 13:00
  
  To safeguard against any possible risk resulting from violation of the FCA, consider addressing through an insurance program.
  
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• 5 surprising statistics about top sellers

  22-08-2016 13:00
  
  What personality types are successful in sales? The answer may surprise you.
  
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• 3 strategies for recovering from flood losses

  22-08-2016 13:00
  
  Flooding is one of the biggest natural hazard risks for businesses.While the damage can’t always be prevented, steps can be taken to better manage the insurance claims process.
  
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• Pension Insurance Corp in 230 mln stg pension buy-in with Pilkington - Reuters

  22-08-2016 10:30 via reuters.com
  
  Pension Insurance Corp in 230 mln stg pension buy-in with Pilkington
  Reuters
  LONDON Aug 22 British insurer Pension Insurance Corp has completed a 230 million pound ($301.00 million) pension insurance 'buy-in' with the trustee of Pilkington Superannuation Scheme, PIC said on Monday. Pilkington Group Limited is a multinational ...and more »
  
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• Executive Leadership Changes Support Growth Strategy for Breckenridge Insurance Group - Insurance Journal

  22-08-2016 09:00 via insurancejournal.com
  
  Insurance Journal
  Executive Leadership Changes Support Growth Strategy for Breckenridge Insurance Group
  Insurance Journal
  Atlanta, GA, August 22, 2016 — Breckenridge Insurance Group has filled several key leadership positions due to planned growth. The wholesale specialty insurance provider continues its efforts to strengthen operations and distribution capabilities with ...
  
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• Frictionless Insurance in a land of utility - Finextra (blog)

  22-08-2016 08:52 via finextra.com
  
  Finextra (blog)
  Frictionless Insurance in a land of utility
  Finextra (blog)
  Loic Le Muir who many will know from Le Web Conference and his new startupLeade.rs had a great interview with Alex Dayon, the President and Chief Product Officer at salesforce.com here about how owning a car is almost obsolete. It got me thinking while ...
  
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• Lincoln doctor's insurance-free practice keeps focus on patients - Omaha World-Herald

  22-08-2016 08:04 via omaha.com
  
  Omaha World-Herald
  Lincoln doctor's insurance-free practice keeps focus on patients
  Omaha World-Herald
  “Ninety-nine percent of other doctors said 'I don't blame you.' One hundred percent said 'You are crazy.' ” 20 min ago; (0). Access Family Medicine. THE ASSOCIATED PRESS. Dr. Todd Johnson examines 11-year-old Drew Johnson (no relation) of Malcolm ...
  
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• Study: Bike Helmets Lower Risk of Brain Injuries, Death

  22-08-2016 08:00
  
  Despite some criticism of bike helmets for not being protective enough, they do cut the risk of severe traumatic brain injury (TBI) by half when riders suffer a head injury, a U.S. study suggests. Riders with helmets were also less …
  
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• Tennessee’s Hudgens Tapped to Head Southern Workers’ Comp Group

  22-08-2016 07:53
  
  The administrator of Tennessee’s Bureau of Workers’ Compensation has been named president of the Southern Association of Workers’ Compensation Administrators. Abbie Hudgens has been administrator of the state agency since 2011. She was appointed to continue by Gov. Bill Haslam …
  
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• Nearly $200k Granted to Flood-Damaged Businesses in West Virginia

  22-08-2016 07:48
  
  The state has given a round of almost $200,000 in grants to 23 Greenbrier County small businesses damaged by floods. Gov. Earl Ray Tomblin announced the grants Thursday at Cook’s Country Kitchen in White Sulphur Springs and D&D Hardware in …
  
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• Healthcare Oman's private sector firms cutting health insurance - Gulf Business News

  22-08-2016 07:44 via gulfbusiness.com
  
  Gulf Business News
  Healthcare Oman's private sector firms cutting health insurance
  Gulf Business News
  Private sector firms in Oman are reportedly excluding chronic and common medical conditions from their health insurance plans to cut costs. Times of Oman cited insurance agents as saying there is a drop in the number of staff health plans being renewed ...and more »
  
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• Former Students Sue Kentucky Catholic School Over Sexual, Racial Harassment

  22-08-2016 07:44
  
  Three former students of a Catholic high school in Lexington, Ky., have sued the school, accusing administrators of failing to discipline those allegedly responsible for acts of sexual harassment and racial discrimination. Washington-based attorney Amos Jones filed three lawsuits on …
  
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• Crohn's disease sufferer fears return of insurance limits - Dubuque Telegraph Herald

  22-08-2016 07:40 via thonline.com
  
  Crohn's disease sufferer fears return of insurance limits
  Dubuque Telegraph Herald
  Brian Greenberg is tough enough to complete a half Ironman triathlon — a 1.2-mile swim, 56-mile bike ride and 13.1-mile run. But he winces to think what would happen if insurance companies reinstated lifetime limits on coverage. If the Affordable Care ...and more »
  
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• Monday Morning Cup of Coffee: Flood insurance back in the news, and obsessing about a rate hike - HousingWire (blog)

  22-08-2016 07:00 via housingwire.com
  
  HousingWire (blog)
  Monday Morning Cup of Coffee: Flood insurance back in the news, and obsessing about a rate hike
  HousingWire (blog)
  Opinion, commentary and analysis on everything that makes the U.S. housing economy tick -- not to mention the ghosts in the machine, too. Written by HW's team of editors and reporters each business day. Lending ...
  
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• Failure of Uber Settlement Opens Door for Wage Claims

  22-08-2016 07:00
  
  The rejection of a $100 million settlement with drivers comes with plenty of silver linings for Uber Technologies Inc. The gray cloud for the ride-hailing company is that a dozen or so lawsuits that would have been silenced may now roll …
  
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• Battle Against Forced Arbitration in Financial Contracts Could Take Years

  22-08-2016 07:00
  
  A U.S. agency’s plans to ban forced arbitration clauses from financial contracts faces a tough road, with early reaction pointing to a years-long battle that could take a Supreme Court test to settle. Thousands of angry consumers and business representatives …
  
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• Big 3 Insurance Flip Obamacare the Bird - Townhall

  22-08-2016 06:02 via townhall.com
  
  Townhall
  Big 3 Insurance Flip Obamacare the Bird
  Townhall
  UnitedHealthcare, Humana—and now Aetna—are abandoning Obamacare exchanges because they're unprofitable. Meanwhile, for the first time in 10 years, the U.S. death rate has increased. CDC researcher Andrew Fenelon told the Associated Press: “…it ...
  A broader look at Missouri's insurance exchange and what Aetna's ...STLtoday.com
  Man who owes insurance to 'Obamacare' still voting for TrumpDubuque Telegraph Hera
  
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• New York State Exposed: Health insurance premiums to go up - News 10NBC

  22-08-2016 04:19 via whec.com
  
  News 10NBC
  New York State Exposed: Health insurance premiums to go up
  News 10NBC
  Whether you get your health insurance through the state's exchange or your employer, it is going up. On top of this, New York State is the second costliest state for employer-sponsored health insurance in the country. Kody Thompson says he has gone ...
  
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• Focus group gives options for insurance changes for Pittsylvania County workers - GoDanRiver.com

  22-08-2016 03:45 via godanriver.com
  
  GoDanRiver.com
  Focus group gives options for insurance changes for Pittsylvania County workers
  GoDanRiver.com
  Pittsylvania County Board of Supervisors voted to possibly bring a change to the way the county pays health insurance for employees. But while the school employees are on the same plan, this change will not help them. After an Aug. 2 meeting, the board ...and more »
  
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• Sources: Birds signing Tulloch as linebacker insurance - Philly.com

  22-08-2016 03:32 via philly.com
  
  Philly.com
  Sources: Birds signing Tulloch as linebacker insurance
  Philly.com
  Stephen Tulloch, who played with the Lions last season, likely will be the Eagles top backup linebacker. by Les Bowen, STAFF WRITER. Les Bowen. STAFF WRITER. DOUG PEDERSON didn't even try to pretend the Eagles would be fine with the linebackers ...and more »
  
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• Former Travelers CEO Fishman Dies

  22-08-2016 01:43
  
  Jay Fishman, executive chairman and former CEO of The Travelers Companies, has died. The company he transformed into a major industry player and led for years disclosed the news on Aug. 19. “We are greatly saddened by the loss of …
  
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• Flooded Louisiana Homeowners Without Insurance Face Costly Future - Newsweek

  22-08-2016 00:48 via newsweek.com
  
  Newsweek
  Flooded Louisiana Homeowners Without Insurance Face Costly Future
  Newsweek
  Quenton Robins watched on Sunday morning as a giant metal claw clamped down on his mother's ruined belongings, snapping wooden cabinets with an audible crack as the operator of a giant mechanized arm slowly cleared a mound of debris from her yard ...and more »
  
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• J-MC Schools await insurance change - Jackson Sun

  22-08-2016 00:10 via jacksonsun.com
  
  Jackson Sun
  J-MC Schools await insurance change
  Jackson Sun
  Teachers, administrators and board members are bracing for changes to health insurance for the Jackson-Madison County School System. “We know this will impact our employees and their premium, but it will also impact the district and the portion of the ...
  
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