Insurance news

• Minnesota Supreme Court upholds Minneapolis decision on police insurance ballot measure - Minneapolis Star Tribune

  15-03-2017 23:35 via startribune.com
  
  Minneapolis Star Tribune
  Minnesota Supreme Court upholds Minneapolis decision on police insurance ballot measure
  Minneapolis Star Tribune
  Minneapolis officials were right to block a proposal requiring police officers to carry liability insurance from going on the ballot as a charter amendment, according to an opinion issued Wednesday by the state Supreme Court. The court upheld an August ...
  
  Read more

• Falling trees trigger insurance claims - Eagle-Tribune

  15-03-2017 22:14 via eagletribune.com
  
  Eagle-Tribune
  Falling trees trigger insurance claims
  Eagle-Tribune
  JEN MELI/Staff photo A large tree fell on top of a car next to Holland Flowers in Haverhill during Tuesday's nor'easter. Falling trees trigger insurance claims. Amanda Sabga. AMANDA SABGA/Staff photoA fallen tree remains on a home at 20 Dartmouth St., ...
  
  Read more

• Insurance would cover autism treatment under bill approved by Iowa House - DesMoinesRegister.com

  15-03-2017 21:50 via desmoinesregister.com
  
  DesMoinesRegister.com
  Insurance would cover autism treatment under bill approved by Iowa House
  DesMoinesRegister.com
  The Iowa House of Representatives voted unanimously Wednesday to require that insurance companies cover a treatment for autism that parents say can help provide a better quality of life for their kids. "Our oldest daughter is autistic," said Rep.and more »
  
  Read more

• How the Catholic Church Broke the Health Insurance it Advocated For - Religion Dispatches

  15-03-2017 21:37 via religiondispatches.org
  
  Religion Dispatches
  How the Catholic Church Broke the Health Insurance it Advocated For
  Religion Dispatches
  It was one of the more remarkable moments in the saga of the “repeal/replace” of the Affordable Care Act. When Democratic Congressman Mike Doyle asked his Energy and Commerce Committee colleague, Republican Congressman John Shimkus, exactly ...and more »
  
  Read more

• Advertisement

• Jennifer Hincapie named VP of Furman Co. Insurance Agency - Greenville News

  15-03-2017 20:48 via greenvilleonline.com
  
  Greenville News
  Jennifer Hincapie named VP of Furman Co. Insurance Agency
  Greenville News
  The Furman Co. Insurance Agency on Monday named Jennifer Hincapie the agency's new vice president. Hincapie will be in charge of handling commercial accounts in the Upstate, which includes work in the Seneca office, according to the agency. “We are ...
  
  Read more

• Let's make a deal: Insurance sector primed for mergers in 2017 - Business Insurance

  15-03-2017 20:40 via businessinsurance.com
  
  Business Insurance
  Let's make a deal: Insurance sector primed for mergers in 2017
  Business Insurance
  A year of deal-making in the insurance industry is ahead for 2017, a new report released Wednesday by KPMG International predicts. According to the report called “The New Deal: Driving Insurance Transformation with Strategy-aligned M&A,” 84% of ...and more »
  
  Read more

• Mayo Clinic: Privately insured patients to get priority over Medicaid, Medicare patients - STAT

  15-03-2017 20:22 via statnews.com
  
  STAT
  Mayo Clinic: Privately insured patients to get priority over Medicaid, Medicare patients
  STAT
  iting tighter profit margins, the chief executive of the Mayo Clinic recently told his employees that the prestigious health system will prioritize the care of privately insured patients over those on Medicare and Medicaid. That bold pronouncement by ...
  Mayo to give preference to patients with private insuranceThe Daily Heraldall 9 news articles »
  
  Read more

• Colorado Bill to Curb Growing Pot at Home Making Way Through Legislature

  15-03-2017 19:05
  
  The nation’s most generous grow-your-own marijuana laws came closer this week to being curbed in Colorado, where the state House advanced a pair of bills aimed at cracking down on people who grow weed outside the commercial, taxed system. One …
  
  Read more

• Advertisement

• Owner of Hotel Cleaning Firm in California Pleads Guilty to Workers’ Comp Fraud

  15-03-2017 19:02
  
  Hyok Kwon, owner of Good Neighbor Services, a janitorial company that provided services to some of San Diego’s most exclusive hotels and resorts, has pleaded yesterday to seven felonies, including premium and employment tax fraud. Kwon was convicted of creating …
  
  Read more

• Around the P&C insurance industry: March 15, 2017

  15-03-2017 18:50
  
  News from AIA, NAIC, Epic Insurance and more.
  
  Read more

• Personal Trainers Can Now Buy Policies from Next Insurance via ... - Insurance Journal

  15-03-2017 17:53 via insurancejournal.com
  
  Personal Trainers Can Now Buy Policies from Next Insurance via ...
  Insurance Journal
  Next Insurance, a digital insurance company for small businesses, has launched a chatbot that enables personal trainers to quote and buy liability insurance via ...and more »
  
  Read more

• Kentucky Passes Bill to End Shock Probation in Fatal DUI Crashes

  15-03-2017 17:53
  
  A bill aimed at eliminating the option of shock probation for people convicted in fatal drunken driving crashes has cleared the Kentucky General Assembly. The Senate voted 33-4 March 8 for final passage of the bill, House Bill 222, sending …
  
  Read more

• Personal Trainers Can Now Buy Policies from Next Insurance via Chatbot on Facebook

  15-03-2017 17:50
  
  Next Insurance, a digital insurance company for small businesses, has launched a chatbot that enables personal trainers to quote and buy liability insurance via Facebook Messenger. Next said it partnered with chatbot developer SmallTalk to become what it claims is the first …
  
  Read more

• QBE Launches Privacy, Network Security Coverage for Businesses

  15-03-2017 17:46
  
  QBE North America, an operating division of QBE Insurance Group Limited, has launched a new privacy & network security offering as part of its continued specialty insurance expansion. The new Solution for Cyber Risk product is a comprehensive product suite …
  
  Read more

• Commissioners debate county health insurance - Chicago Tribune

  15-03-2017 17:19 via chicagotribune.com
  
  Chicago Tribune
  Commissioners debate county health insurance
  Chicago Tribune
  Multiple health insurance contracts and different renewal dates brought Porter County Board of Commissioners President Jeff Good to his limit Tuesday. As commissioners weighed an assortment of health insurance-related contracts, some of which expire ...and more »
  
  Read more

• How to Help Hospitality Firms with Business Interruption Claims

  15-03-2017 16:55
  
  Achieving fair recovery for business interruption losses is often one of the most challenging aspects of resolving commercial property insurance claims. This is especially true for hoteliers and others types of hospitality companies where the amount of income loss can …
  
  Read more

• Texas Mutual Launches e-Learning Tool for Policyholders

  15-03-2017 16:50
  
  Workers’ compensation Texas Mutual Insurance Co. has launched a free workplace safety training tool for policyholders called e-Learning. e-Learning gives business owners access to a library of more than 200 modern, video-based training courses on a variety of workplace safety …
  
  Read more

• Forestry Services: Wildfires in Oklahoma, Kansas 42% Contained

  15-03-2017 16:46
  
  Oklahoma Forestry Services says four wildfires in northwestern Oklahoma and southwestern Kansas are now 42 percent contained, but a high fire danger continues in the region. The agency said that the largest fire is the Starbuck fire that began near …
  
  Read more

• Author of Texas ‘Hailstorm’ Bill Says ‘Significant Changes’ Made

  15-03-2017 16:45
  
  The Texas Senate Business and Commerce Committee on March 9 heard testimony on a revised bill that aims to limit the number of policyholder lawsuits filed against property insurance companies following severe weather events. At the hearing, Senate Business and …
  
  Read more

• Nodak Completes Mutual-to-Stock Insurance Company Conversion

  15-03-2017 16:36
  
  Nodak Mutual Insurance Co., based in Fargo, N.D., has completed its conversion from a mutual to stock insurance company and the formation of a mutual holding company Nodak Mutual Group Inc. and an intermediate stock holding company NI Holdings Inc. …
  
  Read more

• Judge: ABC Must Face Defamation Trial over ‘Pink Slime’ Reports

  15-03-2017 16:32
  
  A South Dakota state judge has ordered ABC Broadcasting to face a potential $5.7 billion defamation lawsuit claiming it damaged Beef Products Inc. by referring in a series of reports to a meat product it sold as “pink slime.” Judge …
  
  Read more

• Safety National Casualty Appoints 3 to Senior Management Roles

  15-03-2017 16:29
  
  St. Louis, Mo.-based Safety National Casualty Corp. has promoted Cyndee Morton, Mitch Neuhaus and Keith Rogers to senior management positions. Morton has been promoted to senior vice president – Operations. Morton is responsible for senior management oversight of the Policy …
  
  Read more

• WATCH: Menendez tells FEMA official changes are needed in flood ... - NJ.com

  15-03-2017 16:20 via nj.com
  
  NJ.com
  WATCH: Menendez tells FEMA official changes are needed in flood ...
  NJ.com
  WASHINGTON -- U.S. Sen. Robert Menendez told the head of the National Flood Insurance Program that he wanted to see changes made before Congress ...
  Filing an NFIP Flood Insurance Appeal - Story | Baton Rouge, LAwww.brproud.com
  Senators use WWL-TV report to grill flood insurance chief | wwltv.comWWLTV.comall 20 news articles »
  
  Read more

• RMS Launches Agricultural Risk Models for India and China

  15-03-2017 15:57
  
  RMS, the Newark, Calif.-based catastrophe risk management firm, has added agricultural risk models for India and China to its line of emerging risks models, and plans to expand coverage across Asia-Pacific and the Americas. The addition of the models is …
  
  Read more

• Ex-CEO of Zenefits Launches Competitor to Former Firm

  15-03-2017 15:41
  
  The former chief executive of human resources software firm Zenefits, Parker Conrad, on Tuesday made public a new startup that will compete with his old company, marking a comeback by the Silicon Valley entrepreneur who left Zenefits under a cloud. …
  
  Read more

• China’s Anbang Insurance Group Denies Report of Kushner Property Investment

  15-03-2017 15:36
  
  China’s Anbang Insurance Group said it is not investing in a flagship Manhattan office tower owned by the family of Jared Kushner, U.S. President Donald Trump’s son-in-law and senior adviser. Anbang Insurance Group was named in a Bloomberg report on Monday as a possible …
  
  Read more

• Oil And Gas Spills Down in Colorado During Drilling Slowdown

  15-03-2017 15:34
  
  Spills related to oil and gas development in Colorado are down for the second straight year amid a slowdown in drilling. The Daily Sentinel reported Tuesday that an analysis of state data by the conservation group Center for Western Priorities …
  
  Read more

• What’s the effect of extenuating circumstances in filing an insurance claim?

  15-03-2017 15:30
  
  Insureds often face extenuating circumstances that could delay filing a claim or having repairs made. What's the effect on coverage?
  
  Read more

• Tesla owners are already getting insurance discounts for using Autopilot - Business Insider

  15-03-2017 15:30 via businessinsider.com
  Business Insider
  Tesla owners are already getting insurance discounts for using Autopilot
  Business Insider
  Tesla owners in Ohio are now eligible for an insurance discount — and the move speaks to a much larger shift in the insurance industry. Root Insurance, a company based in Columbus, Ohio, announced in a March 9 blog post that Tesla owners are now ...
  How to Save Money on Car Insurance: Use Tesla Autopilot and iPhoneFortuneall 13 news articles »
  
  Read more

• Rival EU Cities Compete to Attract UK Firms Seeking Post-Brexit HQs

  15-03-2017 15:30
  
  Ireland has complained to the European Commission that it is being undercut by rival centers competing to host financial firms looking for a European Union base outside London after Brexit. Last week, U.S. insurer AIG became the biggest group so far to …
  
  Read more

• Oregon Bills Intend to Prevent Or Mitigate Oil-Train Disasters

  15-03-2017 15:28
  
  Native Americans, environmentalists and a fishing guide spoke out this week in support of two Oregon bills that aim to prevent, or at least mitigate, an ecological disaster like an oil spill into the Columbia River. One bill would require …
  
  Read more

• Panel Hands Small Victory to California Utilities in Nuke Plant Suit

  15-03-2017 15:25
  
  An arbitration panel has awarded California utilities $125 million in a lawsuit claiming that Mitsubishi Heavy Industries supplied faulty steam generators that helped lead to the closure of the San Onofre nuclear plant. But the award announced Monday night was …
  
  Read more

• Appliances to Pipelines: Trump Plans Major Rollback of Obama Climate Change Rules

  15-03-2017 15:25
  
  President Donald Trump is set to sign a sweeping directive to dramatically shrink the role climate change plays in decisions across the government, ranging from appliance standards to pipeline approvals, according to a person familiar with the administration’s plan. The …
  
  Read more

• Fire Destroys 10 Businesses in Massachusetts Shopping Plaza

  15-03-2017 15:17
  
  A fire has destroyed several businesses in a Framingham, Mass., shopping plaza. The fire started around 2 a.m. Saturday at the Old Path Village Complex. Authorities say the blaze was difficult to combat and fast-moving because of strong winds and …
  
  Read more

• Fire Marshal Says Pennsylvania Lumber Mill Suffered at Least $7M in Damage

  15-03-2017 15:02
  
  A fire at a hardwoods lumber mill in north-central Pennsylvania has caused $7 million to $10 million in damage. That’s the assessment of the state police fire marshal investigating early Saturday’s fire at Emporium Hardwoods in Shippen Township. That’s in …
  
  Read more

• White House Weighing Changes to Ryan Health Care Bill

  15-03-2017 14:58
  
  House Speaker Paul Ryan doesn’t plan to make major changes to Republicans’ plan to replace Obamacare, according to a GOP aide, but the White House says it’s talking with members of Congress who want to amend the legislation. “We’ve always …
  
  Read more

• Two Ex-Penn State Officials Plead Guilty in Child Sex Abuse Scandal

  15-03-2017 14:54
  
  Two former Penn State administrators accused of covering up child sexual abuse allegations against Jerry Sandusky pleaded guilty to reduced charges Monday, more than five years after the scandal rocked the university and led to the downfall of football coach …
  
  Read more

• AIG Directors Asked CEO Hancock to Resign to Avoid Fight with Icahn: WSJ

  15-03-2017 14:51
  
  American International Group Inc.’s decision to remove Peter Hancock as its chief executive was to avoid a proxy battle with billionaire activist investor Carl Icahn, the Wall Street Journal reported, citing people familiar with the matter. AIG said last week …
  
  Read more

• Smartphone-Only, Fintech Startup N26 Triples Customers Over Past Year

  15-03-2017 14:42
  
  German smartphone-only bank N26 said on Wednesday the number of customers using its online accounts rose to more than 300,000, tripling in size from a year ago, as the company marks progress as a pioneer in pan-European banking for mobile …
  
  Read more

• Data undercut LePage claim that many dump private insurance for Medicaid - Bangor Daily News

  15-03-2017 14:18 via stateandcapitol.bangordailynews.com
  
  Data undercut LePage claim that many dump private insurance for Medicaid
  Bangor Daily News
  Good morning from Augusta, where we're still unpacking Gov. Paul LePage's wide-ranging radio interview yesterday, which included a tenuous claim on health care that we've never heard before. When he was talking about his meeting last week with U.S. ...and more »
  
  Read more

• U-turn over Budget plan to increase National Insurance - BBC News

  15-03-2017 14:13 via bbc.com
  
  BBC News
  U-turn over Budget plan to increase National Insurance
  BBC News
  Plans to increase National Insurance rates for self-employed people - announced in the Budget last week - have been dropped. Chancellor Philip Hammond has said the government will not proceed with the increases which were criticised for breaking a ...
  Philip Hammond defends scrapping national insurance rise for the self-employedThe Guardian
  Hammond scraps National Insurance rise at cost of £500m a yearFinancial
  
  Read more

• Consumer Reports: Using Video for Homeowners Insurance - NBC 5 Dallas-Fort Worth

  15-03-2017 13:11 via nbcdfw.com
  
  NBC 5 Dallas-Fort Worth
  Consumer Reports: Using Video for Homeowners Insurance
  NBC 5 Dallas-Fort Worth
  Financial Experts at Consumer Reports say one of the best ways to document your belongings for insurance purposes is with a video. (Published Wednesday, March 15, 2017). Financial Experts at Consumer Reports say one of the best ways to document ...
  
  Read more

• People on the move in the P&C insurance industry: March 15, 2017

  15-03-2017 12:00
  News from Ohio Mutual Insurance Group, USI Insurance Services, XL Catlin and more.
  
  Read more

• 4 reasons your NC car insurance will very likely rise this year - Charlotte Observer

  15-03-2017 12:00 via charlotteobserver.com
  
  Charlotte Observer
  4 reasons your NC car insurance will very likely rise this year
  Charlotte Observer
  Smartphone-addicted drivers are facing more scrutiny from North Carolina insurers who say distracted driving is causing more wrecks. More than one in three text while driving, and 29 percent access the internet while driving, according to a survey by ...
  Car insurance rates likely increasing for North Carolina driversWTVD-TVall 2 news articles »
  
  Read more

• Trump administration shifts away from 'insurance for everybody' - Los Angeles Times

  15-03-2017 11:23 via latimes.com
  
  Los Angeles Times
  Trump administration shifts away from 'insurance for everybody'
  Los Angeles Times
  The White House shifted away from President Trump's stated goal of providing "insurance for everybody" on Tuesday, instead promising that the House GOP plan to repeal and replace Obamacare offers "more people the option to get healthcare." The altered ...and more »
  
  Read more

• The most important step to gaining customer referrals

  15-03-2017 11:15
  
  The more you love and care for your current clients, the more referrals you are going to get.
  
  Read more

• Less than half of surveyed independent agents have a perpetuation plan for their businesses

  15-03-2017 11:00
  
  2017 NU/PIA Independent Agent Survey sheds light on independent agents' future endeavors, expansion plans.
  
  Read more

• A sharper view of independent agents

  15-03-2017 11:00
  
  In any business, it's critical to know your audience. Here's how we went about getting a deeper understanding of independent agents.
  
  Read more

• Developing a new 'apptitude' for claims

  15-03-2017 10:30
  
  New apps are allowing insurers to communicate faster with policyholders in the wake of a catastrophe.
  
  Read more

• Pirates Demand Ransom for Oil Tanker Hijacked off Coast of Somalia

  15-03-2017 09:09
  
  Armed pirates off the coast of Somalia who hijacked an oil tanker with eight Sri Lankan crew on board are demanding a ransom for the release of the vessel, the EU Naval Force said. The pirates seized the Comoros-flagged Aris 13 …
  
  Read more

Follow @Insurance_Newsl on Twitter!