Insurance news

• The Hartford Goes Green for Millennials

  03-11-2016 22:51
  
  If Alexandra Zepp is typical of those in a millennial generation that’s beginning to account for a larger and more influential portion of the nation’s workforce, then what she has to say about her choice of companies to work for …
  
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• County approves 5 percent employee health insurance costs hike - Topeka Capital Journal

  03-11-2016 19:03 via cjonline.com
  County approves 5 percent employee health insurance costs hike
  Topeka Capital Journal
  The commission also heard county counselor Rich Eckert respond to allegations that the county's opposition to a proposed halfway house is driven by profits, not the safety of children. Commissioners Shelly Buhler, Bob Archer and Kevin Cook voted 3-0 ...and more »
  
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• Progress boosting health insurance rate threatens to stall, CDC says - CBS News

  03-11-2016 18:57 via cbsnews.com
  
  CBS News
  Progress boosting health insurance rate threatens to stall, CDC says
  CBS News
  WASHINGTON -- President Barack Obama's legacy health care law has reduced the number of Americans going without health insurance to historically low levels, but continued progress threatens to stall this year, according to a new government report.
  CDC: Progress on health insurance could stall this yearKRMGall 12 news articles »
  
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• Farmers to Pay $225K to Settle EEOC Race Discrimination Case in California

  03-11-2016 18:36
  
  Farmers Insurance Exchange will pay $225,000 to settle a race discrimination and retaliation lawsuit filed by the U.S. Equal Employment Opportunity Commission in Northern California, the federal agency announced. The suit filed by the EEOC alleges Farmers Insurance Exchange terminated …
  
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• Crest Names Abud Commercial Lines Producer in Arizona

  03-11-2016 18:26
  
  Crest Insurance Group LLC has named Rosette Abud a commercial lines producer in its Arizona office. Abud has a background in human resources. She was formally the district manager of BenefitMall Payroll and Human Resource Services. She was also a …
  
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• Startup Margo Is Changing How We Shop for Insurance - Philadelphia magazine

  03-11-2016 17:47 via phillymag.com
  
  Philadelphia magazine
  Startup Margo Is Changing How We Shop for Insurance
  Philadelphia magazine
  In 2015, the auto insurance industry alone collected about $200 billion in premiums from U.S. drivers, according to the National Association of Insurance Commissioners. While top carriers like State Farm, Geico, Allstate, and Progressive already face ...
  
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• AIG declines as Goldman laments history of disappointments

  03-11-2016 17:38
  
  American International Group Inc.’s assurances of underwriting progress are drawing increased skepticism from Wall Street analysts after another disappointing quarter.
  
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• Applicants Sought for Texas Medical Liability Insurance Underwriting Assoc. Board

  03-11-2016 17:37
  
  The Texas Department of Insurance is accepting applications through November 30 for a public member position on the Texas Medical Liability Insurance Underwriting Association board of directors. The appointment term is for one year. The association is a self-supporting entity …
  
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• Texas Company Hit with $224K in Fines for Workplace Safety Violations

  03-11-2016 17:34
  
  A Mineral Wells, Texas-based manufacturer is facing more than $224,000 in fines levied by federal safety officials after an investigation found the company failed to protect workers from safety and health hazards. The U.S. Department of Labor’s Occupational Safety and …
  
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• Ohio Manufacturer Faces Nearly $215K in Fines Over Workplace Hazards

  03-11-2016 17:28
  
  Federal safety officials have alleged that for at least two years, an Ohio manufacturer of thermoplastic lining systems for truck bodies and trailers exposed workers to the risk of amputation and other serious injury by disabling safety devices to speed …
  
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• Western Wisconsin to Receive More Federal Flood Disaster Aid

  03-11-2016 17:19
  
  Gov. Scott Walker says the U.S. Small Business Administration will make low-interest disaster loans available for people and businesses in western Wisconsin affected by flash flooding in September. The SBA lists Vernon County, along with the contiguous counties of Crawford, …
  
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• Few Citations Issued in Year One of Oklahoma’s Texting and Driving Ban

  03-11-2016 17:17
  
  Tulsa, Okla., police say a modest number of citations have been issued in the first year after Oklahoma banned texting and driving. The Tulsa World reports 75 citations were issued by the police department between Nov. 1, 2015, and September. …
  
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• Pawnee, Oklahoma-Area Shaken by 4.5 Magnitude Temblor

  03-11-2016 17:16
  
  A magnitude 4.5 earthquake has shaken north-central Oklahoma, hitting the same area where a record-setting 5.8 magnitude quake struck two months ago. The earthquake occurred at 11:27 p.m. Tuesday. The U.S. Geological Survey reports the epicenter was near Pawnee, about …
  
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• State Appeals $31M Verdict in Case Involving Death of Indiana Girl

  03-11-2016 17:14
  
  Indiana officials are appealing a $31 million judgment awarded to parents falsely blamed for the death of their 14-year-old daughter. A federal court jury in Hammond determined last year that three Department of Child Services employees, an Indiana State Police …
  
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• Stanton Parker, an Adventist Insurance Pioneer, Dies at 83 - Adventist Review

  03-11-2016 16:53 via adventistreview.org
  
  Stanton Parker, an Adventist Insurance Pioneer, Dies at 83
  Adventist Review
  Stanton H. Parker, a former president of Adventist Risk Management, has died at the age of 83. Parker joined the Seventh-day Adventist Church-owned insurer when it was known as the General Conference Insurance Service (GCIS) in 1958. A career ...
  
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• QBE North America Hires Owens in New York

  03-11-2016 16:50
  
  QBE North America, the New York-headquartered division of QBE Insurance Group Limited, hired Carla Owens as senior vice president of operations for its specialty business group. Based in New York City, Owens will report to Jeffrey S. Grange, president of …
  
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• Ask the Expert: Should I make changes to my homeowner's insurance policy​ when remodeling my home​? - SILive.com

  03-11-2016 16:50 via silive.com
  Ask the Expert: Should I make changes to my homeowner's insurance policy​ when remodeling my home​?
  SILive.com
  Many homeowners, like you, ​will spend the winter months planning ​to remodel their home during the spring. They ​will consult with​ architects, designer​s and contractor​s to ​identify what they can do to their house to make it a beautiful home, and ...
  
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• $20 Billion Mobile Phone Insurance Revenue Forecasts: 2016 - 2030 - Research and Markets - Business Wire (press release)

  03-11-2016 16:46 via businesswire.com
  
  $20 Billion Mobile Phone Insurance Revenue Forecasts: 2016 - 2030 - Research and Markets
  Business Wire (press release)
  The ""Mobile Phone Insurance Revenue Forecasts: 2016 - 2030"" datasheet presents market size forecasts for the mobile phone insurance market from 2016 through to 2030. The forecasts are segmented for 5 regional and 25 country level markets. Historical ...and more »
  
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• Deer danger: Pa. high on crash list, but insurance can't fault youPa. insurance commissioner says insurers may not ... - Central Penn Business Journal

  03-11-2016 16:22 via cpbj.com
  
  Central Penn Business Journal
  Deer danger: Pa. high on crash list, but insurance can't fault youPa. insurance commissioner says insurers may not ...
  Central Penn Business Journal
  Bad news, Pennsylvania: We're No. 3 for deer-related vehicle crashes. But the state insurance commissioner has some good news about that. In rolling out the annual warning to drivers to stay alert for four-legged hazards on the highways, Teresa Miller ...and more »
  
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• AIG Reports Q3 Profit

  03-11-2016 16:05
  
  American International Group Inc. posted profit that fell short of Wall Street estimates as costs swelled on contracts in which the insurer guarantees payments to accident victims. Third-quarter net income of $462 million, or 42 cents a share, compares with …
  
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• How will next week's elections impact the workers' comp market?

  03-11-2016 16:03
  
  The 2016 election could have a significant effect on workers' compensation. Here are some issues to be aware of.
  
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• Bookkeeper For Oregon Nonprofit Files $375K Whistleblower Suit

  03-11-2016 15:58
  
  A former bookkeeper for a Portland nonprofit that worked to help Oregon’s foster children is suing the organization, alleging she was fired after reporting misspending by her employer. The Oregonian reported that Deborah Muller filed the $375,000 wrongful termination suit …
  
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• Suit against Washington Shoemaker over Use of Marathoner’s Name Dismissed

  03-11-2016 15:57
  
  The maker of a popular line of minimalist running shoes doesn’t have to pay damages for naming some of its models after Abebe Bikila, the legendary Ethiopian runner who won the 1960 Olympics marathon barefoot, a federal judge has ruled. …
  
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• Pennsylvania’s Henderson Brothers Hires Brodsky

  03-11-2016 15:54
  
  Henderson Brothers Inc., a Pittsburgh, Penn., based independent broker, has hired Braden Brodsky as a senior financial analyst in the employee benefits department. In this role, Brodsky will use his three years of industry experience to monitor clients’ financial performance …
  
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• How Independent Agents Are Feeling About Growth, Technology and Disruption

  03-11-2016 15:51
  
  Property/casualty independent insurance agents are more optimistic this year than they were in 2015. Nearly half (49 percent) of agencies responding to an industry survey say they are “very optimistic” about the future success of their agency compared to just …
  
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• Pioneer Names Wiseley Senior Vice President

  03-11-2016 15:36
  
  Pioneer Special Risk has named Mary M. Wiseley senior vice president in San Diego, Calif. Wiseley will report to Gene Hinman, Pioneer’s U.S. CEO. Wiseley has 25 years’ experience in developing risk management solutions for specialty contractors, including cranes and …
  
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• Lloyd’s Innovation Awards Go to Aon, Beazley, Cromar, Hiscox, Tokio Marine Kiln

  03-11-2016 14:59
  
  Lloyd’s of London recently announced the winners of its 2016 Innovation Awards. Beazley, Cromar, Hiscox and Tokio Marine Kiln each picked up awards for innovative products or new ways of working. Aon won most innovative Lloyd’s broker, as voted for …
  
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• St. George Crashes: Costs, insurance and otherwise, on the rise - St George News

  03-11-2016 14:46 via stgeorgeutah.com
  
  St George News
  St. George Crashes: Costs, insurance and otherwise, on the rise
  St George News
  ST. GEORGE — Car crashes impact more than just car insurance rates, and the financial aftermath affects every driver in St. George, the state and people across the nation. The highest price that is paid is loss of life but society bears the brunt of ...
  
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• Your cyber insurance isn't protecting you from elite hackers - CyberScoop

  03-11-2016 14:41 via cyberscoop.com
  
  CyberScoop
  Your cyber insurance isn't protecting you from elite hackers
  CyberScoop
  Today's nascent cyber insurance industry is largely unprepared to cover the type of damage than can be caused by the world's best hackers. And the industry isn't hiding it. Though no two insurance plans tend to be quite the same, a rare commonality ...
  
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• Australian Safety Bureau Reports on Missing Malaysian Flight’s Descent

  03-11-2016 14:35
  
  A report into missing Malaysia Airlines Flight MH370 by the Australian safety investigator leading the search supports its view that the aircraft descended rapidly after running out of fuel with no human intervention, the agency said on Wednesday. Flight MH370 …
  
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• UK Court Says Parliamentary Approval Needed for Brexit; Government to Appeal

  03-11-2016 14:25
  
  England’s High Court ruled on Thursday that the British government requires parliamentary approval to trigger the process of exiting the European Union, upsetting Prime Minister Theresa May’s Brexit plans. The government said it would appeal against the decision and a …
  
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• New Jersey Utility Fined $300K for Violations that Caused Explosion

  03-11-2016 14:16
  
  New Jersey state officials have fined a utility company $300,000 for safety violations that led to a home explosion and fire last year. The fine against South Jersey Gas was announced Tuesday by the New Jersey Board of Public Utilities. …
  
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• So Where’s All That Economic Disruption from Technology?

  03-11-2016 14:14
  
  A funny thing happened on the path to disruption. This decade, most of Silicon Valley’s big societal claims have turned out to be wrong. These claims arguably began around the time this cycle’s real expansion began, in late 2011. Two scholars’ 2011 …
  
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• PIA Management Services Expands to Include Vermont Association

  03-11-2016 14:04
  
  PIA Management Services Inc., the umbrella corporation that manages the Glenmont, New York, based Professional Insurance Agents (PIA) associations, has reached an agreement with PIA National to assume management of the PIA state affiliate in Vermont. Formerly, PIA members were …
  
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• Is your product recall covered? Probably not

  03-11-2016 14:00
  
  Manufacturers who assume their commercial general liability policy covers product recalls could be in for some unexpected exposure
  
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• Pennsylvania Drivers Third Most Likely in U.S. to Have Deer-Related Accidents

  03-11-2016 13:54
  
  Figures compiled by State Farm Insurance show that Pennsylvania drivers are the third most likely of motorists in any state to have a collision with a deer, having a one in 67 chance of a deer-related accident. With this in …
  
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• Gawker Reaches $31 Million Settlement with Hulk Hogan

  03-11-2016 13:33
  
  Shuttered irreverent news website Gawker Media LLC has reached a $31 million cash settlement with Hulk Hogan, the former professional wrestler who won a $140 million judgment against the site over a leaked sex tape. Hogan’s judgment forced Gawker, known …
  
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• National Labor Board Urges Court to Block Uber Arbitration Agreement

  03-11-2016 13:10
  
  The U.S. labor-protection watchdog is taking sides with Uber Technologies Inc. drivers in their fight to be treated better than independent contractors. As part of a broader review of how gig-economy companies treat workers, the National Labor Relations Board wants …
  
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• 10 common claims from craft breweries

  03-11-2016 12:30
  
  Craft brewery risks are as unique as the beers these establishments brew. Here are some common claims agencies get from breweries.
  
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• Hong Kong's new insurance regulator plays down China purchase curbs - Reuters

  03-11-2016 11:43 via reuters.com
  
  Hong Kong's new insurance regulator plays down China purchase curbs
  Reuters
  HONG KONG Hong Kong's new insurance regulator said it sees Chinese demand for Hong Kong insurance products staying strong because of their high quality despite recent curbs on such purchases, as Beijing moves to discourage capital outflows.and more »
  
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• 9 things for would-be insurance agents to consider before joining an agency

  03-11-2016 11:00
  
  The agencies want to screen you, but you also have to screen them.
  
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• 3 policy exceptions to look out for in your excess casualty program

  03-11-2016 11:00
  
  Three particular excess casualty policy provisions have been known to cause claims disputes.
  
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• Fix flood insurance before NYC gets hit with another storm - Crain's New York Business

  03-11-2016 08:02 via crainsnewyork.com
  
  KATC Lafayette News
  Fix flood insurance before NYC gets hit with another storm
  Crain's New York Business
  The federal government's flood insurance system has been saddled with billions of dollars in debt since Superstorm Sandy devastated the region four years ago. Unless Congress overhauls the program, more than 180,000 at-risk New Yorkers could find it ...
  Flood Insurance Claims: How to Appeal or Request Additional FundsKATC Lafayette News
  Expect to pay more for flood insuranceCamp Verde B
  
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• Uganda: Insurance Industry Stable Despite AIG Exit - Players - AllAfrica.com

  03-11-2016 06:54 via allafrica.com
  AllAfrica.com
  Uganda: Insurance Industry Stable Despite AIG Exit - Players
  AllAfrica.com
  Kampala — "After careful consideration and in depth review AIG will stop offering insurance products in the general market in Uganda," reads a statement issued by AIG Insurance to the public on Tuesday. AIG said it was creating a simplified ...
  
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• North Carolina Man Accused of Conspiring to Commit Insurance Fraud

  03-11-2016 05:45
  
  A North Carolina man has been arrested for allegedly conspiring to commit insurance fraud. According to a statement from the North Carolina Department of Insurance, Timothy Allen Green, 54, of Louisburg has been charged with one count each of insurance …
  
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• Alabama Couple Accused of Burning Down Home to Claim Insurance

  03-11-2016 05:41
  
  Authorities say a man and a woman face felony charges after setting their house on fire and then trying to claim insurance for all of their belongings. Police detective Rick Whitfield tells The Birmingham News the couple’s belongings had been …
  
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• North Carolina Wants Special Session on Hurricane Relief

  03-11-2016 05:32
  
  North Carolina Gov. Pat McCrory said Tuesday he expects to call lawmakers to a special session next month on Hurricane Matthew relief for eastern North Carolina, looking to Congress for supplemental aid first and developing policy based on recommendations from …
  
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• North Carolina Gov Wants Special Session on Hurricane Matthew Relief

  03-11-2016 05:32
  
  North Carolina Gov. Pat McCrory said Tuesday he expects to call lawmakers to a special session next month on Hurricane Matthew relief for eastern North Carolina, looking to Congress for supplemental aid first and developing policy based on recommendations from …
  
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• Chubb Expands BOP Coverage to Small Technology Firms

  03-11-2016 05:26
  
  Chubb has expanded its business owner’s policy, Chubb BOP, to the technology industry with specialized insurance features and benefits for risks faced by small businesses in the technology segment. Chubb BOP for the technology industry includes more than 80 property …
  
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• Buzz-worthy lawsuit alleges lawyers engaged in insurance fraud - Las Vegas Review-Journal

  03-11-2016 04:18 via reviewjournal.com
  
  Las Vegas Review-Journal
  Buzz-worthy lawsuit alleges lawyers engaged in insurance fraud
  Las Vegas Review-Journal
  writes on topics from politics to human interest. Her column appears Thursdays in the Nevada News section. Email. Follow on: Jane Ann Morrison · More Columns/Blogs. By JANE ANN MORRISON LAS VEGAS REVIEW-JOURNAL. A federal lawsuit accuses ...
  
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