Insurance news

• Bill offering insurance to firefighters passes Senate committee - Atlanta Journal Constitution

  22-02-2017 22:52
  
  Atlanta Journal Constitution
  Bill offering insurance to firefighters passes Senate committee
  Atlanta Journal Constitution
  Tim Satterfield, the deputy chief of operations for Dawson County Emergency Services, is is dealing with a pancreatic cancer diagnosis. He has had to pay many treatment bills himself, and he supports the Firefighter Insurance Bill (House Bill 146 ...and more »
  
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• WA State May Impose Insurance Requirements on Gun Owners - Bearing Arms

  22-02-2017 22:50
  
  Bearing Arms
  WA State May Impose Insurance Requirements on Gun Owners
  Bearing Arms
  The Washington State Legislature will be reviewing a new bill put forth by Sen. Maralyn Chase (D-Edmonds), who wants to require a person to have liability insurance before he or she can purchase a firearm. Under Senate Bill 5795, every gun purchaser ...
  
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• Argument preview: Insurance companies and federal employees square off in fight over pre-emption by contract - SCOTUSblog (blog)

  22-02-2017 22:44
  SCOTUSblog (blog)
  Argument preview: Insurance companies and federal employees square off in fight over pre-emption by contract
  SCOTUSblog (blog)
  At first glance, Coventry Health Care v. Nevils reads like a tedious commercial-law dispute, assessing the enforceability of “subrogation” clauses in insurance contracts. What a snore-fest, you might think. But when the case comes up for argument next ...
  
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• How Insurance Works When You Rent Out Your Car On Turo - Jalopnik

  22-02-2017 22:42
  
  Jalopnik
  How Insurance Works When You Rent Out Your Car On Turo
  Jalopnik
  A casual look through car renting service Turo yields some pretty sweet and unusual stuff. Why rent a Nissan Sentra at the airport when you can rent some local enthusiast's Porsche instead? It's easy to get wrapped up in fantasies of having rare and ...
  
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• Reality Star Sues Alaska-based Reality Show over Safety Claims

  22-02-2017 21:21
  
  A star of the Alaska-based reality series “Life Below Zero” is suing the show’s producers, alleging she was hurt while forced to perform dangerous acts in support of false story lines. The lawsuit against BBC Worldwide Reality Productions and others …
  
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• The Path to Let Rideshare Companies into Alaska Not So Smooth

  22-02-2017 21:16
  
  The drive to allow rideshare companies like Uber and Lyft to operate in Alaska has hit speed bumps. The bill, from Sen. Mia Costello, R-Anchorage, faces opposition from taxi companies worried the entrance of rideshare groups will drive down wages …
  
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• Business leaders say governor's plan for employee health insurance too costly - The Sun Chronicle

  22-02-2017 18:59
  
  The Sun Chronicle
  Business leaders say governor's plan for employee health insurance too costly
  The Sun Chronicle
  Business leaders are pressing Gov. Charlie Baker to alter his plan to charge businesses $2,000 per employee if they fail to provide enough health insurance coverage for workers. The businesses contend the charge is excessive and does not adequately ...and more »
  
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• Chicago Bears Seeking to Limit Players’ Workers’ Comp Benefits

  22-02-2017 18:54
  
  Should injured pro athletes be allowed to earn workers’ compensation benefits until they are 67 years old, like other workers, even if their athletic careers normally would have ended more than 30 years earlier? That issue is being debated between …
  
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• Louisiana Offers Tax Filing, Payment Extensions for Some Tornado Victims

  22-02-2017 18:47
  
  Taxpayers who were victims of the severe storms and tornadoes that struck Louisiana earlier this month could be eligible for extensions filing their state taxes. Louisiana’s Department of Revenue announced that filing and payment extensions are available to people whose …
  
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• Texas Neurosurgeon Gets Life Sentence for Maiming Patients

  22-02-2017 18:45
  
  Jurors on Feb. 20 sentenced a former Dallas neurosurgeon to life in prison for maiming patients who had turned to him for surgery to resolve debilitating injuries. The decision came almost a week after the Dallas County jury convicted 44-year-old …
  
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• Mayor Issues Disaster Declaration for San Antonio After Tornadoes

  22-02-2017 18:42
  
  The mayor of San Antonio has issued a disaster declaration for the city of 1.4 million during cleanup after four tornadoes touched down in the area. Mayor Ivy Taylor issued the declaration over twisters late Sunday and early Monday that …
  
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• State insurance regulators may flex muscles amid federal rollback ... - The Hill (blog)

  22-02-2017 18:40
  
  The Hill (blog)
  State insurance regulators may flex muscles amid federal rollback ...
  The Hill (blog)
  OPINION | While 2017 may bring a lighter regulatory touch from the federal government, it may also herald a heavier regulatory hand from the states.and more »
  
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• Oklahoma Bill Proposes Rules for Medical Marijuana

  22-02-2017 18:37
  
  Oklahomans won’t vote until next year on whether to legalize medical marijuana, but a state lawmaker has already introduced legislation that would set the framework if sales of the drug are approved. State Rep. Eric Proctor of Tulsa has introduced …
  
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• Voldico Insurance, Brendanwood Financial Brokerage Form Alliance - Insurance Journal

  22-02-2017 18:35
  
  Voldico Insurance, Brendanwood Financial Brokerage Form Alliance
  Insurance Journal
  Osgood, Indiana-based Voldico Insurance LLC has formed a key partnership alliance with Brendanwood Financial Brokerage LLC, the company announced. Voldico Insurance is an independent full-service property/casualty retail insurance and financial ...
  
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• Voldico Insurance, Brendanwood Financial Brokerage Form Alliance

  22-02-2017 18:35
  
  Osgood, Indiana-based Voldico Insurance LLC has formed a key partnership alliance with Brendanwood Financial Brokerage LLC, the company announced. Voldico Insurance is an independent full-service property/casualty retail insurance and financial services provider. Brendanwood Financial Brokerage specializes in life insurance, long …
  
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• 8K Louisianans Possibly Impacted by Reinsurance Broker’s Data Breach

  22-02-2017 18:26
  
  The Louisiana Department of Insurance reported that a reinsurance broker contracted by the Louisiana Health Cooperative (LAHC) has experienced a data breach. As a result, former LAHC policyholder Personally Identifiable Information (PII) and in some cases Protected Health Information (PHI) …
  
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• Record rainfall and flooding slams California [photos]

  22-02-2017 18:22
  
  Northern California continues to deal with record flooding that has killed at least eight people, forced some 14,000 residents from their inundated homes in San Jose and shut down Highway 101.
  
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• Around the P&C insurance industry: Feb. 22, 2017

  22-02-2017 18:00
  
  News from Allianz, Arthur J. Gallagher & Co., Sapiens and more.
  
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• QBE Inland Marine Launches Combined Liability Coverage for Motor Carriers

  22-02-2017 17:51
  
  QBE North America, an operating division of global insurer QBE Insurance Group Limited, has launched a new policy for motor carriers that combines both motor truck cargo and logistics liability insurance in one policy.. The Solution for Motor Truck Cargo …
  
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• NCDOI Reports 2016 a Strong Year for North Carolina’s Captive Industry

  22-02-2017 17:41
  
  Growth of North Carolina’s captive insurance company program once again exceeded expectations during the program’s third full year of operation, according to Insurance Commissioner Mike Causey. During 2016, the number of North Carolina licensed captive insurers more than doubled and …
  
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• Self-driving cars must be covered by insurance, says UK bill - BBC News

  22-02-2017 17:31
  
  BBC News
  Self-driving cars must be covered by insurance, says UK bill
  BBC News
  Insurance cover for self-driving cars must offer protection for both times when the driver is in control and when the vehicle is in charge, according to new proposals from the UK government. The measures are outlined in the Vehicle Technology and ...and more »
  
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• GOP Health Insurance Fix Could Raise Premiums For Older Patients - NBCNews.com

  22-02-2017 17:11
  
  NBCNews.com
  GOP Health Insurance Fix Could Raise Premiums For Older Patients
  NBCNews.com
  Dale Marsh has not been enamored with his health insurance since the Affordable Care Act took effect. Premiums for Marsh, 53, and his wife, Tammy, rose, their deductibles grew, and they gave up access to their regular doctors to keep costs down. This ...
  Study: Fewer employers offering health insuranceWashington Examiner
  Insurance offered by fewer employers, fewer sign upHealthcare Finance News
  AHIP: Repeal
  
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• Arizona Bill to Axe Required Auto Glass Coverage Appears Dead

  22-02-2017 17:04
  
  Arizona drivers used to paying nothing when their car windshields are cracked or shattered by rocks appear likely to keep the insurance coverage for at least another year. That’s because an effort by insurance companies to remove a requirement that …
  
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• Colorado Wind Storm Deadly, But Not So Costly

  22-02-2017 17:01
  
  A wind storm that recently tore through a Colorado city was deadly, but less costly than expected. The Jan. 9 wind storm caused downed trees and widespread power outages, but it didn’t make the list of Colorado Spring’s most costly …
  
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• Surprising Facts About Social Security and Medicare

  22-02-2017 16:53
  
  While the era of “alternative facts” dawned in Washington last week, experts from across the ideological spectrum gathered in the capital for a review of real facts about our two most important retirement programs: Social Security and Medicare. The annual …
  
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• Hub International Acquires Assets of Employer Resource Group in California

  22-02-2017 16:52
  
  Hub International Ltd. has acquired the assets of Employer Resource Group Financial & Insurance Services Inc. in Torrance, Calif. Terms of the deal were not disclosed. Tim Dickins, ERG founder and CEO, will join Hub California and report to Andrew …
  
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• US-Reports and Canadian Reports Merger Creates Colorado Risk Solutions Firm

  22-02-2017 16:44
  
  H.W. Kaufman Financial Group has combined US-Reports and Canadian Reports, rebranding both companies under the name Afirm, which is based in Fort Collins, Colo. The merger will continue their global presence and allow a single source for loss control inspection, …
  
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• US-Reports and Canadian Reports Merger Create Colorado Risk Solutions Firm

  22-02-2017 16:44
  
  H.W. Kaufman Financial Group has combined US-Reports and Canadian Reports, rebranding both companies under the name Afirm, which is based in Fort Collins, Colo. The merger will continue their global presence and allow a single source for loss control inspection, …
  
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• U.S. Keeps on Motoring, Sets Record of 3.2 Trillion Miles in 2016

  22-02-2017 15:42
  
  Motorists drove a record 3.22 trillion miles (5.2 trillion km) on U.S. roads last year, a 2.8 percent rise from 2015 and the fifth consecutive year of year-over-year increases, according to the U.S. Department of Transportation. Motorists logged 263.6 billion …
  
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• Action 9 investigates hidden insurance rate hikes - WFTV Orlando

  22-02-2017 15:18
  WFTV Orlando
  Action 9 investigates hidden insurance rate hikes
  WFTV Orlando
  Instead it's routine plumbing leaks when water damage contractors take over insurance claims and drastically drive up repair costs. Related Headlines. 9 Investigates: Medical equipment excluded, denied by Insurance · Volusia County 'Hurricane Handyman' ...
  
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• Student Allowed Back at New Hampshire Prep School after Sex Case

  22-02-2017 15:05
  
  A judge has allowed a student to return to a New Hampshire prep school, months after his mother alleged the school wrongfully expelled him after he had sex with another student. Both sides reached an agreement signed by a federal …
  
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• Starr’s Pittinger Joins ANV Global Services as Underwriting Director

  22-02-2017 14:59
  
  ANV Global Services Inc., the North American managing general underwriter (MGU) owned by AmTrust Financial Services Inc., has appointed James Pittinger to the role of underwriting director. Responsible for the North American MGU business which focuses on management liability and …
  
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• AIG to Sell Vermont’s Stowe Mountain Ski Operations After Seven Decades

  22-02-2017 14:58
  
  American International Group Inc., the insurer that’s been divesting assets to narrow its focus, agreed to sell ski operations at Vermont’s Stowe Mountain to Vail Resorts Inc. AIG will retain majority ownership of the base area, which includes a 312-room …
  
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• Willis Towers Watson Plans to Acquire French Aviation Broker, OAAGC

  22-02-2017 14:50
  
  Willis Towers Watson has entered into exclusive negotiations with OAAGC, the French aviation brokerage, to acquire its team and book of business. Paris-based OAAGC (Office d’Assurances Aériennes G. de Cugnac) was founded in 1898 and its team of 16 is …
  
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• All Risks Acquires American Management Advisors in Pennsylvania

  22-02-2017 14:45
  
  All Risks Ltd., an independent wholesaler based in Hunt Valley, Md., has announced the acquisition of American Management Advisors Inc. (AMA) located in Pennsylvania. Terms of the transaction were not disclosed. Following the acquisition, Janet Smith-Hogeland, President of American Management …
  
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• How Technology Is Changing Workers’ Compensation

  22-02-2017 14:36
  
  New technologies are improving workers’ compensation programs in everything from communications and training to health care delivery and claims, according to experts. Tom Ryan, market research leader for Marsh’s Workers Compensation Center of Excellence, speaking during a recent Marsh broadcast, …
  
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• Insurance Complaints Down in Texas - KTSA - 550 KTSA

  22-02-2017 14:08
  550 KTSA
  Insurance Complaints Down in Texas - KTSA
  550 KTSA
  With 4 billion dollars in insured losses last year, the number of homeowner complaints filed against insurance companies is down. Mark Hanna at the Insurance ...
  State can't help with most unpaid insurance claims | KXAN.comKXAN.com
  Despite Increase in Lawsuits, Texas Homeowner Insurance Complaints Remain LowInsurance Journal
  Experts offer tornado damage insurance claim advice | kens5.comKENS5.comall 6 news articles »
  
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• Allianz Officially Launches Its Moroccan Subsidiary

  22-02-2017 13:56
  
  The Allianz Group has officially launched its Moroccan subsidiary, Allianz Maroc, which has has been a part of the Allianz Group since Nov. 3, 2016, following the acquisition of 98.9 percent of Zurich Assurances Maroc. After obtaining the relevant regulatory approvals, …
  
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• Insured Losses from New South Wales’ Bushfires & Hailstorms Pass US$53.7M

  22-02-2017 11:43
  
  Combined losses from the two New South Wales catastrophes of bushfires and hailstorms,  have passed A$70 million (US$53.7 million), according to the Insurance Council of Australia (ICA). As of Feb. 20, insured losses for the NSW bushfires had reached A$28.5 …
  
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• Why prospecting fails and what to do about it

  22-02-2017 11:30
  
  Here's how to engage prospects so that they want to find you.
  
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• 5 property insurance risks to watch [infographic]

  22-02-2017 11:00
  
  From natural disasters to technological threats, knowing the potential 2017 challenges for the property insurance market can help you better advise your insurance clients.
  
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• Health Law Created Winners and Losers When Buying Insurance - U.S. News & World Report

  22-02-2017 10:10
  U.S. News & World Report
  Health Law Created Winners and Losers When Buying Insurance
  U.S. News & World Report
  Former President Barack Obama's health care law created winners and losers for people buying their own health insurance. Feb. 22, 2017, at 3:57 a.m.. MORE. LinkedIn · StumbleUpon · Google +; Cancel. Health Law Created Winners and Losers When ...
  A GOP Tax Idea Would Upend Health InsuranceBloomberg
  Healthy California Act could overhaul health insuranceCW6 News
  
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• China Insurance Watchdog Vows to Severely Punish Speculators ... - Bloomberg

  22-02-2017 09:58
  
  Bloomberg
  China Insurance Watchdog Vows to Severely Punish Speculators ...
  Bloomberg
  The chairman of China's top insurance regulator vowed to impose “stringent” rules and “severely” punish short-term speculation by insurers, the latest sign of ...
  Insurance industry should not be "rich men's club": regulatorCCTVall 9 news articles »
  
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• Ironshore International Hikes Capacity to $400M for Terrorism & Sabotage Cover  

  22-02-2017 09:50
  
  Ironshore International has increased capacity for Terrorism & Sabotage programs to US$400 million, an increase from the current U$375 million limit, effective immediately. Ironshore’s Terrorism & Sabotage cover provides insurance protection for clients against damage to commercial and residential property, …
  
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• AXIS Insurance Taps Beazley’s Brown to Lead London Market MGA Growth

  22-02-2017 09:29
  
  AXIS Capital Holdings Ltd. announced that Julian Brown has joined AXIS Insurance as vice president and underwriter, responsible for leading growth initiatives and product development for the company’s London market managing general agency (MGA) unit. Brown will work alongside Paul …
  
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• Storage Locker Insurance No Guarantee Of Theft Coverage - CBS Local

  22-02-2017 08:14
  
  CBS Local
  Storage Locker Insurance No Guarantee Of Theft Coverage
  CBS Local
  SAN FRANCISCO (KPIX 5) — When you purchase insurance for your storage locker you might expect you'd be covered if your stuff is stolen. But if the crook steals your lock along with your stuff, you might be wrong. Take the case of John Kurnik. Every ...and more »
  
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• Missouri GOP Again Seeking to Limit Liability Lawsuits

  22-02-2017 07:04
  
  With new Republican Missouri Gov. Eric Greitens’ support, GOP lawmakers this year are pushing a collection of bills to limit liability lawsuits that supporters have praised as pro-business but critics have slammed as hindering access to the courts. The legislation …
  
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• Klenke Named Chief Legal Counsel at Wisconsin Insurance Commissioner’s Office

  22-02-2017 07:03
  
  Wisconsin Commissioner of Insurance Ted Nickel has appointed Charlotte Klenke to serve as chief legal counsel at the Office of the Commissioner of Insurance (OCI). Klenke previously was the associate general counsel for Schneider National Inc., in Green Bay, Wis. …
  
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• The Hidden Cost of Bundling Insurance Policies

  22-02-2017 07:00
  
  Marketers love to bundle products and for good reason. Bundling encourages consumers to buy more. However, new research suggests that it’s not quite that simple. While bundling gets buyers to buy more, it can also make them less willing to …
  
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• 10 states with the highest and lowest homeowners' insurance rates

  22-02-2017 06:01
  
  The average cost of homeowners' insurance varies widely across the U.S. How do the rates in your state compare?
  
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