Insurance news

• Access to Buying Insurance Is Not Health Coverage - Common Dreams

  19-01-2017 22:47 via commondreams.org
  
  Common Dreams
  Access to Buying Insurance Is Not Health Coverage
  Common Dreams
  Bernie Sanders questions Tom Price during the nomination hearings for Price to be considered for secretary of health and human services on January 18, 2017. (Photo: Riccardo Savi). A signature exchange early in the first Senate hearing Wednesday for ...
  Before His HHS Nom, Price Had Employer Health Insurance In His SightsTPM
  Trump health pick defends stocks, says Americans won't lose insuranceReuters
  Under Tom Pr
  
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• Tesla escapes recall in probe of death linked to Autopilot

  19-01-2017 18:50
  
  U.S. auto safety regulators on Thursday closed an investigation into a fatal accident involving Tesla’s Autopilot driver-assist system, and said they didn’t find a defect warranting a recall.
  
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• Oklahoma Commissioner Touts Microinsurance, Other Ideas for Health Law Reform

  19-01-2017 18:27
  
  Oklahoma Insurance Commissioner John D. Doak says microinsurance, the ability to sell health coverage across state lines and increased use of health savings accounts are ideas that should be looked at as lawmakers move forward with the repeal of the …
  
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• Arkansas Commissioner Tapped for NAIC Committee Leadership Post

  19-01-2017 18:20
  
  Arkansas Insurance Commissioner Allen Kerr has been named vice-chairman of the Market Regulation and Consumer Affairs (D) Committee of the National Association of Insurance Commissioners (NAIC). In a statement released by the Arkansas Insurance Department, Kerr said he is “honored …
  
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• Arkansas Judge OKs $29.1M Payout in Cigarette Lawsuit

  19-01-2017 18:16
  
  A Pulaski County Circuit judge in Arkansas has approved paying $29.1 million from a lawsuit settlement fund to more than 21,000 Marlboro Lights users and their attorneys. The Arkansas Democrat-Gazette reports the $45 million settlement fund was set up to …
  
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• Ratings Outlook for GuideOne Insurance Revised to Negative: A.M. Best

  19-01-2017 18:15
  
  A.M. Best has revised the outlooks to negative from stable and affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Rating (Long-Term ICR) of “a” of the members of the GuideOne Insurance Companies (GuideOne). The outlook changes reflect …
  
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• Ohio-Based Central Insurance Names Nationwide’s Goad as CFO

  19-01-2017 18:15
  
  Keith Goad has been hired as chief financial officer for both Central Mutual Insurance Company and All America Insurance Company. The companies are based in Van Wert, Ohio. As CFO, Goad holds overall accountability for the company’s finance, investments, accounting, …
  
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• Data breaches hit record in 2016 as DNC, Wendy’s Co. hacked

  19-01-2017 17:43
  
  U.S. companies and government agencies suffered a record 1,093 data breaches last year, a 40 percent increase from 2015, according to theIdentity Theft Resource Center.
  
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• Aon in Talks to Sell Benefits Outsourcing Division: Reuters

  19-01-2017 17:20
  
  Insurance broker Aon Plc is in advanced talks to sell its employee benefits outsourcing unit to buyout firm Clayton Dubilier & Rice LLC for nearly $4.5 billion, people familiar with the matter said on Thursday. The divestiture would undo much …
  
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• Consumers Not Yet Convinced Driverless Cars Are Safer

  19-01-2017 16:23
  
  Car makers and tech firms are convinced that driverless cars are the future, but they appear to be ahead of consumers in that thinking. Only 23 percent of Americans say they are willing to ride in an autonomous car, while …
  
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• New Jersey Beach Town Fights Drowning Death Lawsuit

  19-01-2017 15:54
  
  A beach town is using blunt legal arguments to resist a demand that it permanently close a section of beach where a man plunged into an inlet and drowned when the sand gave way beneath his feet. North Wildwood acknowledges …
  
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• State Agency Advocates for Self-Driving Car Legislation in Maryland

  19-01-2017 15:48
  
  Maryland state’s Motor Vehicle Administration is advocating legislation that would transfer regulatory power of self-driving cars to the agency and the state police, saying the change may improve safety on Maryland roads and reduce human error. Motor Vehicle Administration representative …
  
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• Parker Joins Worldwide Facilities’ Financial Service Group

  19-01-2017 14:48
  
  National wholesale insurance brokerage and managing general agent Worldwide Facilities said that Robert M. Parker has joined the team as Financial Services Practice Group counsel and program development coordinator. In the new role, Parker will promote the Financial Services practice …
  
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• Stone Named General Counsel for Marsh, Guy Carpenter

  19-01-2017 14:32
  
  Marsh & McLennan Companies Inc. announced that Susan A. Stone has been appointed general counsel of the Company’s Risk and Insurance Services segment, which includes Marsh and Guy Carpenter.  Stone’s new role is effective as of Feb, 15, 2017. For …
  
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• Mike Pence says if you like your Obamacare insurance, you can keep your insurance - TheBlaze.com

  19-01-2017 14:15 via theblaze.com
  
  Mike Pence says if you like your Obamacare insurance, you can keep your insurance
  TheBlaze.com
  Mike Pence says if you like your Obamacare insurance, you can keep your insurance NEW YORK, NY - DECEMBER 13: Vice President-elect Mike Pence speaks briefly to reporters as he arrives at Trump Tower, December 13, 2016 in New York City.and more »
  
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• Allianz Global Corporate & Specialty Promotes Two New York Executives

  19-01-2017 13:30
  
  Allianz Group’s specialist corporate insurer, Allianz Global Corporate & Specialty (AGCS), has named Henning Haagen northeast zone executive for North America in addition to his current role as global head of aviation, effective immediately. Haagen will take over responsibility for …
  
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• The Arbella Insurance Group in Massachusetts Promotes Chaves

  19-01-2017 12:15
  
  The Arbella Insurance Group, a property and casualty insurance company headquartered in Quincy, Mass., has appointed Allen Chaves to the newly created position of director of data governance and research analytics. Chaves will be the business lead for Arbella’s corporate …
  
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• Taking your claims litigation program from good to great – Part 1

  19-01-2017 12:15
  
  As technology changes the rules, companies become more strategic.
  
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• Building your insurance agency ‘dream team’ in 2017

  19-01-2017 12:15
  
  In the insurance agency business, too often the emphasis on leadership and team building is ignored.
  
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• Arbella Insurance Group in Massachusetts Promotes Chaves

  19-01-2017 12:15
  
  The Arbella Insurance Group, a property and casualty insurance company headquartered in Quincy, Mass., has appointed Allen Chaves to the newly created position of director of data governance and research analytics. Chaves will be the business lead for Arbella’s corporate …
  
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• The 3 R’s to remedy a cyber breach

  19-01-2017 12:10
  
  Having a proactive cybersecurity strategy is a company's best defense against a data breach.
  
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• Do you know your prospect's buy-in question?

  19-01-2017 12:00
  
  No matter what you're selling, there is usually one buy-in question that determines how interested and engaged your prospect is going to be.
  
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• Skuld Purchases SMA/Gerling Norway, Now Renamed Skuld Marine Agency

  19-01-2017 09:56
  
  Skuld announced that on Jan. 12, 2017 it has completed its acquisition of SMA/Gerling Norway, which has been renamed Skuld Marine Agency (SMA). Skuld is now the owner of 100 percent of SMA shares, “free of any encumbrances,” the company …
  
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• Canada’s Energy Firms at Risk from Cyber, Bomb Attacks: Security Service

  19-01-2017 09:33
  
  Canada’s main spy agency last year warned energy companies about an increasing risk of cyber espionage and attacks on pipelines, oil storage and shipment facilities and power transmission towers using homemade explosives, according to a classified document seen by Reuters. …
  
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• Allianz & Standard Chartered Form Bancassurance Partnership in Asia

  19-01-2017 09:15
  
  Standard Chartered Bank and Allianz have formed a 15-year bancassurance partnership for the distribution of Allianz’s general insurance products, including travel, personal accident, fire and motor insurance products, to Standard Chartered’s retail banking clients in five key markets across Asia. …
  
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• Global Temperatures Hit Record High for 3rd Year in Row in 2016

  19-01-2017 09:10
  
  World temperatures hit a record high for the third year in a row in 2016, creeping closer to a ceiling set by the Paris climate change deal, with extremes including unprecedented heat in India and ice melt in the Arctic, scientists said on …
  
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• XL Catlin Appoints Middleton to Manage Ceded Reinsurance Placements

  19-01-2017 09:00
  
  XL Catlin’s P&C Underwriting Capital Management operation has appointed Anne Middleton to manage its ceded reinsurance placements globally. In her new role, Middleton, who is based in Londo, will be responsible for overseeing and negotiating the terms, structure and pricing of XL Catlin’s …
  
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• California Stays More than $1B in Liens Linked to Workers’ Comp Fraud Charges

  19-01-2017 08:48
  
  California’s Department of Industrial Relations (DIR) has stayed more than 200,000 liens worth a combined claim value of more than $1 billion that are linked to 75 medical providers facing criminal fraud charges. The DIR announced the liens in conjunction with …
  
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• USI Acquires Ohio’s Diversified Insurance Service

  19-01-2017 07:49
  
  USI Insurance Services (USI) has acquired Diversified Insurance Service, a risk management and employee benefits firm headquartered in Elmore, Ohio. Founded in 1948, Diversified Insurance Service provides personal risk, commercial and employee benefits products for clients throughout Ohio. Terms of …
  
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• Team Formed to Review How Wildfire Spread to Tennessee Tourist City

  19-01-2017 07:33
  
  Authorities are forming a team to investigate the massive fires that tore through a Tennessee tourist city late last year, killing 14 people. The team will be made up of representatives from the Park Service, the U.S. Forest Service, the …
  
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• Everest Insurance Launches Auto Buffer Coverage for Large Motor Fleets

  19-01-2017 07:13
  
  Everest Insurance has launched an auto buffer product for U.S. clients with well managed motor fleets of 250 to 1,000 units. The product will be offered through a limited network of appointed wholesale brokers specializing in the transportation market. Connie …
  
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• Expect the Unexpected in U.S. Casualty Insurance Market in 2017: Marsh

  19-01-2017 07:00
  
  Insurers and customers are increasingly embracing the Internet of Things but greater reliance on these technologies could bring problems that ripple through an entire connected system. The unintended consequences from greater use of IoT will be a major trend in …
  
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• Bluetooth Toothbrushes, Telematics, Fitbits and Data Tracking Acceptance

  19-01-2017 07:00
  
  Twice a day, Scott Ozawa’s Bluetooth-enabled toothbrush tells his dental insurer if he brushed for a full two minutes. In return, the 41-year-old software engineer gets free brush heads and the employer which bought his insurance gets premium discounts. The …
  
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• Ironshore Expands High Net Worth Homeowners Coverage Into New York

  19-01-2017 06:40
  
  Ironshore Private Client Group has expanded its Private Insurance Portfolio product to high net worth homeowners throughout the state of New York, effective Jan. 23, 2017. Ironshore Private Insurance Portfolio, a customized policy providing property and liability coverage for homes …
  
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• Brentwood Services Administrators Inc. Opens First Office in Georgia

  19-01-2017 06:29
  
  Brentwood Services Administrators Inc. has opened a new claims office in Conyers, Ga., according to Jeff Pettus, president and chief executive officer of the third-party administrator. Overseeing the operations in the Conyers office is Cheryl Hill, claim supervisor. The office …
  
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• Georgia Estimates $30M in Insured Losses from Early January Storm

  19-01-2017 06:13
  
  A violent storm that hit southwest Georgia at the start of the year, killing at least one person, is estimated to have caused $30 million in insured losses, according to the state’s insurance office. Insurance Commissioner Ralph Hudgens said damage …
  
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• Round 2: Mississippi AG Picks New Fight With Google Over Student Privacy

  19-01-2017 06:12
  
  Mississippi’s Democratic attorney general is once again tangling with Google, alleging in a lawsuit that the company is illegally violating student privacy, even as some Republicans seek to muzzle his ability to file such civil suits. Attorney General Jim Hood …
  
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• 4 tips for packing the right tools for a claim

  19-01-2017 06:01
  
  Don’t get caught unprepared for the unexpected.
  
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