Insurance news

• Stone Creek Adds Nava as Personal Lines Producer in California

  08-03-2017 23:58
  
  Miguel Nava has been hired at Stone Creek Insurance Agency in their Lafayette, Calif. headquarters as a personal lines producer. Nava will also serve as chair of the language department, advancing Stone Creek’s market share in this area. His emphasis will …
  
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• Trump’s Infrastructure Plan Could Pave Way for Self-Driving Cars, Smart Roads

  08-03-2017 21:36
  
  What does the Trump Administration have in store for the development of autonomous vehicles and smart roads? With the administration’s ambitious infrastructure plan still far from finalized, Hilary Rowen, a partner in the San Francisco office of Sedgwick LLP, whose …
  
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• How Will Development of Self-Driving Cars Be Impacted by Trump’s Infrastructure Plan?

  08-03-2017 21:36
  
  What does the Trump Administration hold in store for the development of autonomous vehicles and smart roads? With the administration’s ambitious infrastructure plan still far from finalized, Hilary Rowen, a partner in the San Francisco office of Sedgwick LLP, whose …
  
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• Menary Tapped to Succeed Jansen as President, CEO of Grinnell Mutual

  08-03-2017 18:51
  
  The Grinnell Mutual board of directors has selected Jeff Menary to succeed Larry Jansen as president and chief executive officer of Grinnell Mutual Reinsurance Co. located in Grinnell, Iowa. Menary will replace Jansen upon Jansen’s retirement in December 2017. Since …
  
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• SWBC Employee Benefits Consulting Group Promotes Grove, Birdwell

  08-03-2017 18:44
  
  SWBC Employee Benefits Consulting Group (EBCG), based in San Antonio, Texas, has promoted Andrew Grove to senior vice president of Sales & Market Development and Gary Birdwell to senior vice president of Service & Operations. In his new role, Grove …
  
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• Evacuations Ordered as Numerous Fires Burn in Oklahoma

  08-03-2017 18:39
  
  Numerous wildfires are burning in Oklahoma and evacuations have been ordered in the state’s northwest. Woodward County Emergency Management Director Matt Lehenbauer says up to 200 people had to leave their homes late in the afternoon on March 6 in …
  
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• Hundreds of Homes, Businesses Damaged by Storms in Midwest

  08-03-2017 18:38
  
  A severe storm system has pummeled parts of the Midwest with tornadoes, huge hailstones and powerful winds, damaging nearly 500 buildings and injuring a dozen people in one Missouri city. The Storm Prediction Center in Norman, Oklahoma, received reports of …
  
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• Deadly Wildfires Force Thousands from Homes in 4 States

  08-03-2017 18:33
  
  Emergency crews on March 7 struggled to contain deadly wildfires that have scorched hundreds of square miles of land in four states and forced thousands of people to flee their homes ahead of the wind-whipped flames. The fires were burning …
  
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• Around the P&C insurance industry: March 8, 2017

  08-03-2017 18:30
  
  News from NJM Insurance Company, HCI Group, XL Catlin and more.
  
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• Oil Companies Land a Victory in Louisiana Coastal Lawsuit

  08-03-2017 18:28
  
  A federal appeals court on March 3 refused to revive a Louisiana levee board’s lawsuit blaming dozens of oil and gas companies for damage to the state’s fragile coast, a major victory for energy companies and their political supporters who …
  
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• AIG turns to Luxembourg as Brexit makes U.K. less attractive

  08-03-2017 18:27
  
  AIG said it plans to open an insurer in Luxembourg to write business in the European Economic Area and Switzerland once the U.K. exits the European Union.
  
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• Rutgers Law School Project Addresses ‘Use It And Lose It’ in Homeowners Insurance

  08-03-2017 17:34
  
  A new report by the Rutgers Center for Risk and Responsibility at Rutgers Law School in Camden, N.J., in cooperation with United Policyholders, offers recommendations to state lawmakers in terms of how homeowners insurance claims are addressed by insurance companies …
  
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• AmWINS Elects Cooper as Vice Chairman of Board

  08-03-2017 17:28
  
  Specialty wholesale insurance broker AmWINS Group Inc. announced the election of W.H. “Skip” Cooper as vice chairman of its board of directors. Cooper has served as president of AmWINS since May 2007 and he is continuing in that role. Prior …
  
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• San Jose Floods Force Out Vietnamese Families

  08-03-2017 16:16
  
  When the floodwaters rushed in last month in San Jose, a firefighter hauled Hien Nguyen to safety. She left behind the two-bedroom apartment she shared with a roommate for $1,000 a month, managing only to take her identification and her …
  
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• Victims, Roman Catholic Church Spar Over New York Sex Abuse Bill

  08-03-2017 16:08
  
  New York legislation to relax one of the nation’s most restrictive statutes of limitations on child molestation victims continues to stall under pressure from the Roman Catholic Church and other opponents. The bill has circled the drain in Albany for …
  
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• Nation’s First Driverless Shuttles Make Debut at California Business Park

  08-03-2017 16:05
  
  The first driverless shuttles in the nation to be operating on public roads made a debut at a San Francisco Bay Area business park. The East Bay Times reporte the shuttles get around using lasers on all four corners, GPS …
  
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• Leavitt Group Hires Stephens and Terpstra in California

  08-03-2017 15:52
  
  United Insurance Services has added KJ Stephens and Adam Terpstra to its Granite Bay, Calif. location. Stephens is an employee benefits agent and Terpstra is a commercial agent. Terpstra specializes in member-owned group captives and alternative risk programs, while Stephens …
  
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• Wholesale Broker Groups NAPSLO, AAMGA Merging to Form WSIA

  08-03-2017 15:40
  
  The insurance industry has a new acronym: WSIA. Introducing the Wholesale and Specialty Insurance Association (WSIA). That’s the name and acronym for the new wholesale, specialty and surplus lines insurance trade association being formed by the merger of the National …
  
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• Details revealed on NAPSLO, AAMGA proposed merger to create WSIA

  08-03-2017 15:18
  
  If there was a single person opposed to the possible union of NAPSLO and AAMGA, you didn’t hear from them Tuesday morning in Fort Lauderdale.
  
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• Massachusetts Man who Defrauded Home Depot Sentenced for Doing it Again

  08-03-2017 15:17
  
  A Massachusetts man who served time in prison for defrauding Home Depot has been sentenced to more than a year behind bars for doing it again. Robert Dooley pleaded guilty to 10 counts of wire fraud. The Salem News reports he was …
  
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• Five Delaware Homes Condemned, Residents Displaced After Fire

  08-03-2017 15:11
  
  Five homes in Wilmington, Del., have been condemned following a fire over the weekend that displaced a dozen residents. It happened Sunday afternoon. The News Journal of Wilmington reports that city fire spokesman James Jobes says arriving firefighters found heavy …
  
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• AIG Plans to Launch Luxembourg-Based Insurer in 2019 in Preparation for Brexit

  08-03-2017 15:09
  
  American International Group Inc. announced plans to locate an insurance company in Luxembourg to ensure continued smooth operation of its business across the European Economic Area (EEA) and Switzerland once the United Kingdom leaves the European Union. From 2019, AIG …
  
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• Willis Towers Watson Launches New Edition of Pricing Software, Radar 3.0 

  08-03-2017 14:53
  
  Willis Towers Watson has launched Radar 3.0, the latest edition of its pricing software, which includes machine learning approaches for greater pricing sophistication. Building on the last major release of Radar in 2016, Radar 3.0 implements a wider range of …
  
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• Trump Backs Republican Health Plan Blasted by Conservatives

  08-03-2017 14:42
  
  President Donald Trump threw his weight behind a House Republican plan to replace Obamacare, even as conservatives mounted their own savage attack on the bill, with one Republican senator declaring it “dead on arrival” in the Senate. Trump held a …
  
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• Australia Consumer Watchdog Sues VW’s Audi Unit over Emissions Scandal

  08-03-2017 13:40
  
  The Australian consumer watchdog said on Wednesday it was suing the local Audi unit of Volkswagen AG for intentionally selling more than 12,000 vehicles with software which lied about levels of toxic emissions. This follows a separate suit that the …
  
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• Do you have insurance coverage for spilled rare wine, broken glasses?

  08-03-2017 13:00
  
  If your expensive bottle of wine spills, or your crystal wine goblets break, don't cry. You may have insurance.
  
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• Kentucky Lawmakers Finish Work on Medical Review Panel Bill

  08-03-2017 12:56
  
  Kentucky lawmakers wrapped up work Friday on revising the medical malpractice system by creating panels of medical providers to review claims of error or neglect before cases go to court. The legislation, long a priority of many Republicans, won final …
  
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• PriceWaterHouseCoopers, fake news and the future of trusted advisors

  08-03-2017 12:15
  
  It’s been a long road back to gaining the public’s trust from the 2008 financial crisis, but the industry is making progress.
  
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• North Carolina Man Accused of Insurance Fraud - Insurance Journal

  08-03-2017 12:15
  
  North Carolina Man Accused of Insurance Fraud
  Insurance Journal
  North Carolina Insurance Commissioner Mike Causey has announced the arrest of Stacy Dewhite Brown, 50, of Raleigh, N.C. He is charged with one count each of insurance fraud and attempting to obtain property by false pretense. North Carolina ...
  
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• USI Insurance Services Acquires Carolina First Associates in North Carolina

  08-03-2017 12:14
  
  USI Insurance Services (USI) has acquired Carolina First Associates LLC, an employee benefits insurance advisor located in Hickory, N.C. This acquisition extends USI’s presence as a middle market insurance brokerage and consulting firm in the Southeast region. Carolina First Associates …
  
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• North Carolina Man Accused of Insurance Fraud

  08-03-2017 12:10
  
  North Carolina Insurance Commissioner Mike Causey has announced the arrest of Stacy Dewhite Brown, 50, of Raleigh, N.C. He is charged with one count each of insurance fraud and attempting to obtain property by false pretense. North Carolina Department of …
  
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• Flood gates: Will best intentions lead to a healthy private insurance market?

  08-03-2017 12:00
  
  Last year, renewal discussions for the National Flood Insurance Program (NFIP) got off to an early and — by most accounts — very productive start.
  
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• Current, Ex-Kentucky Governors Battle Over Health Law Legacy

  08-03-2017 12:00
  
  As Republicans in Congress prepare to repeal and replace former President Barack Obama’s health care law, Kentucky’s current governor and his predecessor are wrestling over the law’s legacy – and both sides claim the state as a case study of …
  
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• The problem with client ‘satisfaction’ and ‘engagement’

  08-03-2017 11:30
  
  When assessing how satisfied or engaged another person is in a relationship, that person’s actions, not their words, say it all.
  
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• Thai Authorities Begin Crackdown on Ride-Hailing Firms Uber, Grab

  08-03-2017 11:07
  
  Thailand’s transport authorities have begun a crackdown on drivers for ride-hailing services Uber and Grab and want the military government to ban them, a transport official said on Tuesday. U.S.-based Uber has faced regulatory hurdles around the world and when …
  
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• Yes, your credit history affects your auto, homeowners' insurance: Money Matters - cleveland.com

  08-03-2017 11:04
  
  cleveland.com
  Yes, your credit history affects your auto, homeowners' insurance: Money Matters
  cleveland.com
  Q: In your column last week, you said a person's credit score can affect their insurance premiums. Actually your credit score does not determine your insurance premiums. It is your insurance score. Totally different. R.B., Loudonville. A: You're only a ...and more »
  
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• Integro Announces Change of UK Operation’s Leadership

  08-03-2017 10:29
  
  International insurance broker and risk management firm Integro Insurance Brokers announced the departures of John Sutton and Toby Humphreys, who have guided Integro’s UK operation since the acquisition of their firm, Humphreys Haggas Sutton & Co., in 2005. The Integro …
  
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• Integro Announces Change in UK Operation’s Leadership

  08-03-2017 10:29
  
  International insurance broker and risk management firm Integro Insurance Brokers announced the departures of John Sutton and Toby Humphreys, who have guided Integro’s UK operation since the acquisition of their firm, Humphreys Haggas Sutton & Co., in 2005. The Integro …
  
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• Allied World Launches 3 Professional Liability Products in Australia

  08-03-2017 09:06
  
  Allied World Assurance Co. Holdings AG announced it has launched three new professional liability products in Australia: Directors and Officers Liability Insurance, Architects and Engineers Professional Indemnity Insurance, and Miscellaneous Professional Indemnity Insurance. The Miscellaneous Professional Indemnity Insurance products is …
  
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• UK Prime Minister May Steps Up Battle Against Brexit Rebels

  08-03-2017 08:45
  
  U.K. Prime Minister Theresa May is fighting back against Brexit rebels in her ruling Conservative Party as she steps up her battle to start the formal process of pulling Britain out of the European Union. The premier fired government adviser …
  
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• Stressed? Unfocused? Pop a Marijuana Mint and Get Back to Work

  08-03-2017 07:00
  
  When Jeffrey Zucker needs to get a lot done at work, he eats half a weed gummy. Far from putting him at risk of a Maureen Dowd-level stupor, the 5-milligram dose of THC he gets gives him just a slight buzz that makes him …
  
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• Insurers, Hospitals Worry Republican Plan Makes Insurance Less Affordable - Insurance Journal

  08-03-2017 07:00
  
  Insurance Journal
  Insurers, Hospitals Worry Republican Plan Makes Insurance Less Affordable
  Insurance Journal
  The House Republican health insurance plan suggests coverage after Obamacare will be less affordable, insurers and industry experts said on Tuesday, raising questions about whether Americans will enroll and insurance companies will enter the market.
  Republicans' Obamacare replacement contains huge tax cuts for insurance companies, but it comes at a cost.Washington Post
  GOP Lawmaker Shap
  
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• Insurers, Hospitals Worry Republican Plan Makes Insurance Less Affordable

  08-03-2017 07:00
  
  The House Republican health insurance plan suggests coverage after Obamacare will be less affordable, insurers and industry experts said on Tuesday, raising questions about whether Americans will enroll and insurance companies will enter the market. The draft legislation rolls back …
  
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• Insurance Agents Can Help Nonprofits Deal with Changes Ahead - Insurance Journal

  08-03-2017 07:00
  
  Insurance Journal
  Insurance Agents Can Help Nonprofits Deal with Changes Ahead
  Insurance Journal
  Nonprofit organizations are a loyal bunch, often sticking with their insurance agents and brokers for years. But there is room for new agents who can help nonprofits fill some coverage gaps, cope with political changes anticipated in 2017, and offer ...
  
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• Insurance Agents Can Help Nonprofits Deal with Changes Ahead

  08-03-2017 07:00
  
  Nonprofit organizations are a loyal bunch, often sticking with their insurance agents and brokers for years. But there is room for new agents who can help nonprofits fill some coverage gaps, cope with political changes anticipated in 2017, and offer …
  
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• Obamacare repeal could affect insurance for 150K Sonoma County residents - Santa Rosa Press Democrat

  08-03-2017 06:37
  
  Santa Rosa Press Democrat
  Obamacare repeal could affect insurance for 150K Sonoma County residents
  Santa Rosa Press Democrat
  Sonoma County health care officials Tuesday warned the newly introduced Obamacare replacement bill could upend the local health care system, leading to the loss of health coverage or dramatic benefits cuts to nearly 150,000 residents, and cost ...and more »
  
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• GOP health insurance bill troubles some advocates - Huntington Herald Dispatch

  08-03-2017 06:05
  
  Huntington Herald Dispatch
  GOP health insurance bill troubles some advocates
  Huntington Herald Dispatch
  Sen. Shelley Moore Capito, R-W.Va., left, and Gov. Jim Justice, D-W.Va., right, both have concerns about the newly submitted bill in Congress to replace the Affordable Care Act. prev. next. ×. 9 remaining of 10. Welcome! We hope that you enjoy our free ...and more »
  
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• Which P&C insurance carriers were voted tops by producers? - PropertyCasualty360

  08-03-2017 06:02
  
  PropertyCasualty360
  Which P&C insurance carriers were voted tops by producers?
  PropertyCasualty360
  At the end of the day, the relationships that independent agents engender with carriers is one of the most critical elements of their business. But which insurers do agents consider the best overall, and how do they rate them across a spectrum of 11 ...
  
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• 7 challenges insurers face in the cyber insurance market - PropertyCasualty360

  08-03-2017 06:02
  
  PropertyCasualty360
  7 challenges insurers face in the cyber insurance market
  PropertyCasualty360
  Why isn't the sale of cyber insurance gaining momentum more quickly given the rising profile of the risk? Mar 08, 2017 | By Jayleen R. Heft, PropertyCasualty360.com. Email; LinkedIn; Twitter; Facebook; Google+. Share This Story. Cyber insurance remains ...
  
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