Insurance news

• Health insurance tips as Dec. 15 deadline looms - Green Bay Press Gazette

  08-12-2016 23:33 via greenbaypressgazette.com
  
  Green Bay Press Gazette
  Health insurance tips as Dec. 15 deadline looms
  Green Bay Press Gazette
  There has been a lot of talk and controversy about the Affordable Care Act since its inception. While I believe there are positives and negatives to the ACA, my goal is to help educate people on the basics of the plan and how they can potentially ...and more »
  
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• Judge rules 'Midnight Rider' producer can't collect on insurance due to criminal acts

  08-12-2016 23:12
  
  A California federal judge has rendered a big ruling on the insurance dispute that emanated from the fatal train accident during the 2014 shooting of the Gregg Allman biopic Midnight Rider in Georgia.
  
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• Judge Rules 'Midnight Rider' Producer Can't Collect on Insurance Due to Criminal Acts - Hollywood Reporter

  08-12-2016 22:20 via hollywoodreporter.com
  
  Hollywood Reporter
  Judge Rules 'Midnight Rider' Producer Can't Collect on Insurance Due to Criminal Acts
  Hollywood Reporter
  Film director Randall Miller and producer Jody Savin also are denied a bid to amend their lawsuit to allege bad faith on the part of New York Marine. A California federal judge has rendered a big ruling on the insurance dispute that emanated from the ...and more »
  
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• Update: Insurance company said they'll pay claim for autistic man's stolen RTV - WCPO

  08-12-2016 21:19 via wcpo.com
  
  WCPO
  Update: Insurance company said they'll pay claim for autistic man's stolen RTV
  WCPO
  Copyright 2016 Scripps Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed. Show Caption Hide Caption. Previous Next. FRANKLIN, Ohio -- More than a month ago, we shared the story of 21-year-old ...and more »
  
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• Interstate Health Insurance Sales Has A Tryout In Georgia But No Takers - Kaiser Health News

  08-12-2016 20:29 via khn.org
  
  Kaiser Health News
  Interstate Health Insurance Sales Has A Tryout In Georgia But No Takers
  Kaiser Health News
  Among Republican ideas to transform the health care system is a proposal to allow health insurers to sell their policies across state lines. President-elect Donald Trump and Rep. Tom Price, the Georgia congressman picked by Trump to lead the Department ...and more »
  
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• Insurers’ digital initiatives: EY analyst offers mixed view

  08-12-2016 20:10
  
  A break-out session at NU's Annual Insurance Executive Conference explored technology and channel initiatives underway, producers’ view on them, and where carriers are coming up short.
  
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• Washington Psych Hospital Employee Charged with Molesting Patients

  08-12-2016 20:00
  
  Prosecutors have charged an employee at Washington state’s largest psychiatric hospital with four counts of molesting four female patients, according to court records made public Friday. Christopher Conley, 47, was charged on Thursday with taking “indecent liberties” with the four …
  
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• NTSB: Crew Fatigue Main Cause of Deadly 2014 Arkansas Train Crash

  08-12-2016 18:37
  
  Crew fatigue brought on by irregular work schedules and a moderate form of sleep apnea is the primary reason behind a middle-of-the-night train crash that killed two Union Pacific workers and injured two others in northern Arkansas, the National Transportation …
  
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• Missouri Insurance Department Fines Zenefits $62K for Unlicensed Activity

  08-12-2016 18:31
  
  The Missouri Department of Insurance, Financial Institutions and Professional Registration (DIFP) reported that San Francisco-based employee benefits products and services provider, Zenefits, has agreed to pay a penalty of $62,000 for violations of Missouri law. The department said YourPeople Inc., …
  
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• Nearly 30 million Americans could lose their health insurance if the GOP rips up Obamacare - Business Insider

  08-12-2016 18:19 via businessinsider.com
  
  Business Insider
  Nearly 30 million Americans could lose their health insurance if the GOP rips up Obamacare
  Business Insider
  For years, Republicans in Congress have been clamoring to repeal the Affordable Care Act (ACA), better known as Obamacare, President Barack Obama's signature legislative achievement. With President-elect Donald Trump set to take office, the GOP may ...
  Here's why not buying health insurance before December 15th is a huge gambleHuffington Post
  Will I still have health
  
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• Evergreen Health suspended from individual insurance market ... - Baltimore Business Journal

  08-12-2016 18:15 via bizjournals.com
  Baltimore Business Journal
  Evergreen Health suspended from individual insurance market ...
  Baltimore Business Journal
  About 9000 people already insured with the carrier have to find new plans by Dec. 15.
  Evergreen removed from individual health insurance market ...Baltimore Sun
  Evergreen dropped from Maryland's 2017 individual insurance marketHealthcare Dive
  Evergreen unable to sell insurance as it awaits approvalInsurance Business America
  Maryland Daily Record (subscription)
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• Casabat Joins Hub International in San Francisco as Benefits Exec

  08-12-2016 18:10
  
  Hub International of California has added Antonio Casabat as a senior vice president for the employee benefits consultancy, responsible for client advocacy and consulting on behalf of clients located throughout the United States. Casabat’s primary role is the design, placement …
  
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• Urine Test for Fatigue Could Help Prevent Accidents

  08-12-2016 18:00
  
  Doctors, pilots, air traffic controllers and bus drivers have at least one thing in common — if they’re exhausted at work, they could be putting lives at risk. But the development of a new urine test, reported in the ACS …
  
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• ThyssenKrupp’s Trade Secrets Targeted in ‘Massive’ Cyber Attack

  08-12-2016 17:57
  
  Technical trade secrets were stolen from the steel production and manufacturing plant design divisions of ThyssenKrupp AG in cyber attacks earlier this year, the German company said on Thursday. ThyssenKrupp, one of the world’s largest steel makers, said it had …
  
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• Private Flood Insurance a Focus for Pennsylvania Insurance Department in 2017

  08-12-2016 17:57
  
  The Pennsylvania Insurance Department has a plan to continue furthering its initiatives within the private flood insurance market in 2017. This comes after the North Central part of the state of Pennsylvania saw flooding in many areas outside of identified …
  
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• Mount Sinai partners with insurance startup to build Oscar Center - Healthcare IT News

  08-12-2016 17:48 via healthcareitnews.com
  
  Healthcare IT News
  Mount Sinai partners with insurance startup to build Oscar Center
  Healthcare IT News
  The joint facility will offer primary care, mental health and wellness services to Oscar's members. By Bernie Monegain. December 08, 2016. 11:33 AM. Share. Oscar CEO and co-founder Mario Schlosser said the deal will enable it to enhance the care ...and more »
  
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• Scene and heard at the Insurance Executive Conference

  08-12-2016 17:30
  
  A look at what happened on the first day of the Annual Insurance Executive Conference
  
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• IT makeover: NU panelists explore innovations in underwriting

  08-12-2016 17:25
  
  What will the insurance underwriter's job look like in three or five years?
  
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• La Niña to Lessen Over Next Few Months: U.S. Weather Service

  08-12-2016 16:36
  
  A U.S. government weather forecaster on Thursday said weak La Niña conditions were present but favored to dissipate in the coming months. The National Weather Service’s Climate Prediction Center said in a monthly forecast that conditions were likely to transition …
  
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• Case analysis: Cowboy's agent procures coverage with animal exclusion

  08-12-2016 16:30
  
  Self-employed logger who also puts on rodeos sued his insurance agency, alleging that the agent was negligent in procuring a rodeo insurance policy with an animal exclusion, sending the case to the Supreme Court of New York.
  
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• 6 factors that affected insurers in 2016

  08-12-2016 16:00
  
  Insurers around the globe were hit by disasters and political events this year.
  
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• New Zealand Quake’s Insured Losses Estimated at $705M-$3.5B: Aon Cat Report

  08-12-2016 15:40
  
  Insurance losses from last month’s magnitude 7.8 earthquake in New Zealand are likely to range between NZ$1.0 to 5.0 billion (US$705 million and US$3.5 billion), according to a report published by Impact Forecasting, Aon Benfield’s catastrophe model development team. At …
  
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• Berkley Downplays Effects of Trump, Brexit Elections; Remains Optimistic for Insurance

  08-12-2016 15:39
  
  There could be more political surprises coming after the U.S. election of Donald Trump and Britain’s vote to exit from the European Union but one leading insurance executive isn’t too worried. “I don’t think Brexit is going to have nearly …
  
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• Is flood insurance too expensive? | TheHill - The Hill (blog)

  08-12-2016 15:35 via thehill.com
  
  The Hill (blog)
  Is flood insurance too expensive? | TheHill
  The Hill (blog)
  OPINION | Addressing the “is it worth it” question of flood insurance thus requires fundamentally different approaches than solving the “can we afford it” problem.and more »
  
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• Top large commercial brokers and insurers based on customer satisfaction

  08-12-2016 15:30
  
  The key variables driving overall commercial insurance customer satisfaction are broker expertise and insurer profitablity, according to the J.D. Power 2016 Large Commercial Insurance Study.
  
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• Lawmakers Discuss Merging New Jersey Transit, Other Agencies

  08-12-2016 14:51
  
  Lawmakers on Tuesday discussed the idea of merging embattled New Jersey Transit with other state agencies to save money to use for road, bridge and rail projects, and heard from experts about safety upgrades following a fatal rail accident in …
  
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• Johnson & Johnson to Challenge $1 Billion Hip Implant Verdict

  08-12-2016 14:49
  
  Johnson & Johnson will challenge the fairness of a trial that produced a verdict of $1 billion in damages against the company last week over allegations of design flaws in its Pinnacle hip implant. Although legal experts think J&J faces …
  
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• Pennsylvania’s Odell Studner Hires Pittounicos as Director of Personal Lines

  08-12-2016 14:43
  
  Odell Studner, a King of Prussia, Penn., based provider of risk consulting and insurance brokerage services to middle market companies, has hired Linda Pittounicos as director of personal lines. In this role, Pittounicos will be responsible for managing and growing …
  
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• Maine-Based MEMIC Promotes Abboud and Fongemie

  08-12-2016 14:36
  
  The MEMIC Group, a Portland, Maine, headquartered workers’ compensation specialist, has promoted Chris Abboud to senior underwriter and has also promoted Eileen Moran Fongemie to vice president of finance and assistant treasurer. Abboud began his career in the insurance industry …
  
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• JenCap Holdings Agrees to Acquire NIF Group in New York

  08-12-2016 14:33
  
  JenCap Holdings LLC, a New York-headquartered consolidator of specialty insurance distribution and program management businesses, has agreed to acquire privately held NIF Group Inc. (NIF), a managed general agency, program administrator and wholesale insurance broker based in Manhasset, New York. …
  
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• Insurers Lobby for Clarity as Republicans Move to Repeal Obamacare

  08-12-2016 14:30
  
  The largest lobbying group for health insurers has asked U.S. lawmakers weighing the fate of Obamacare to push back the due date for 2018 individual insurance submissions to regulators in hopes of obtaining greater clarity on the program’s future later …
  
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• South Dakota AG: Crime Information May Be Released Under New Law

  08-12-2016 14:28
  
  Government entities aren’t automatically blocked from releasing information such as the exact location of a crime to the public under a new victims’ rights constitutional amendment, Attorney General Marty Jackley said in a legal opinion released Dec. 5. Instead, victims must opt …
  
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• Indonesia’s M6.5 Quake Kills Nearly 100 with Low Insurance Losses Expected: AIR

  08-12-2016 14:14
  
  An M6.5 earthquake jolted the northernmost area of Sumatra, Indonesia, on Dec. 7 at 5:03 a.m. local time, with nearly 100 fatalities and more than 600 injuries reported. The epicenter was 19 kilometers (11.8 miles) southeast of Sigli and 92.3 …
  
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• A Look Back at 2016 Atlantic Hurricane Season

  08-12-2016 14:02
  
  The 2016 Atlantic hurricane season concluded on Nov. 30 with 15 named storms generating seven hurricanes, three of which were considered major ones, according to the industry’s Insurance Information Institute (I.I.I.). The National Oceanic and Atmospheric Administration (NOAA) said it …
  
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• Wilson to Succeed Cloutier as Brit Ltd.’s Group CEO  

  08-12-2016 12:07
  
  Brit Ltd., the London-based specialty insurer, announced the appointment of Matthew Wilson as group chief executive officer, effective Jan. 1, 2017. Upon Wilson’s appointment, which is subject to regulatory approval, Mark Cloutier, the current group CEO, will become executive chairman …
  
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• The sales strategy that can save you from mediocrity

  08-12-2016 12:00
  
  When it seems like you and your prospect are on the same page and then they stop talking to you, you may have missed this.
  
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• 4 holiday season fire prevention tips

  08-12-2016 12:00
  
  The holidays are full of fire risks. Here are four ways to prevent household fires this holiday season.
  
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• Efma & Accenture Invite Entries for 2nd Annual Innovation in Insurance Awards  

  08-12-2016 11:38
  
  Efma and Accenture have issued a joint call for entries for the second annual Innovation in Insurance Awards, with insurance and bancassurance companies invited to submit their entries by March 8, 2017. The Innovation in Insurance Awards are a global …
  
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• Eppers Named Chair of LAMMICO Agent Advisory Committee

  08-12-2016 07:32
  
  Rob W. Eppers, co-owner and chief operating officer of Risk Services of Louisiana, has been elected chair of the Agent Advisory Committee at the policyholder-owned medical professional liability insurer, LAMMICO. Eppers moved to Shreveport in 2010 to join Risk Services …
  
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• Officials: Landlord May Face Citations after Ohio Fire Kills 4

  08-12-2016 07:27
  
  Authorities have identified the two adults and two girls killed in a fire at a home in Ohio that apparently lacked smoke detectors, and they’re considering whether the rental property’s owner should be cited. Firefighters say an Akron ordinance requires …
  
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• Officials: Landlord May Be Cited after Ohio Fire Kills 4

  08-12-2016 07:27
  
  Authorities have identified the two adults and two girls killed in a fire at a home that apparently lacked smoke detectors, and they’re considering whether the rental property’s owner should be cited. Firefighters say an Akron ordinance requires homes there …
  
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• Deadline Approaches to Claim Louisiana Citizens 2012 Assessment Rebate

  08-12-2016 07:08
  
  The deadline for Louisiana property insurance policyholders to file for the refundable 2012 Louisiana Citizens Property Insurance Corporation (Citizens) assessment is Dec. 31, 2016, the state’s insurance department announced. The Citizens assessment is to pay off bonds issued by Citizens …
  
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• Florida’s Citizens to Lawmakers: AOB Reform Must be Passed in 2017

  08-12-2016 06:49
  
  Florida lawmakers can expect substantial pressure to tackle the assignment of benefits (AOB) and water loss claims crisis from the state’s insurer of last resort when Florida’s legislative session begins early next year. At a governing board meeting Wednesday, leaders …
  
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• 3 Lawsuits Filed Over Tennessee Bus Crash That Killed 6 Kids

  08-12-2016 06:33
  
  So far, three lawsuits have been filed following a school bus crash in Chattanooga, Tenn., that killed six children and injured several more. The Chattanooga Times Free Press each of the lawsuits have been filed in Hamilton County against Durham …
  
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• Former Hartford Exec Askins Joins Iroquois South

  08-12-2016 06:02
  
  Columbia, S.C., native Mark Askins has joined Iroquois South as a regional manager for South Carolina and western North Carolina.  Askins spent more than 20 years with The Hartford, most recently as their Richmond, Va., branch manager. Askins began his …
  
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• Worker Killed, 2 Others Injured in South Carolina Plant Accident

  08-12-2016 05:33
  
  Authorities say one worker is dead and two other injured after a pipe with hot chemicals burst at a plant that makes plastics used in bottles in Calhoun County, S.C. Coroner Donnie Porth told media outlets that the solution used …
  
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• Supreme Court ‘Easily’ Settles Insider Trading Liability Question

  08-12-2016 02:05
  
  For two years, stock traders and the attorneys who represent them said insider-trading law was a muddle, with no one knowing exactly what was or wasn’t legal. On Tuesday, the U.S. Supreme Court said it had “easily” settled the question. …
  
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• State Farm files lawsuit to block historic rollback in insurance rates ... - Los Angeles Times

  08-12-2016 01:58 via latimes.com
  
  Los Angeles Times
  State Farm files lawsuit to block historic rollback in insurance rates ...
  Los Angeles Times
  State Farm has filed a lawsuit to block a ruling by the California Insurance Commissioner that would reduce its home insurance rates and require it to issue ...and more »
  
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• $160M Claim Filed by Navajo Nation Over Mine Spill

  08-12-2016 01:14
  
  The Navajo Nation has submitted a claim of more than $160 million in damages to the federal government over last year’s mine waste spill that fouled rivers in three western states. A cleanup team led by the U.S. Environmental Protection …
  
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• Duck Boat Maker to Pay up to $1M over Washington Crash

  08-12-2016 01:10
  
  The company that manufactured a duck boat involved in a deadly crash in Seattle last year has agreed to pay up to $1 million in civil penalties under a consent order, the National Highway Traffic Safety Administration announced. Ride the …
  
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