Insurance news

• U.S. drone registrations reach 770,000 with no end in sight, says FAA administrator

  28-03-2017 20:10
  
  As the number of registrations for drones continues to climb rapidly, industry and government have to work together to ensure safety and security.
  
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• The Latest: Walker Aide Promises Minimal Insurance Changes - U.S. News & World Report

  28-03-2017 19:03 via usnews.com
  The Latest: Walker Aide Promises Minimal Insurance Changes
  U.S. News & World Report
  Gov. Scott Walker's top aide won't promise that every state employee will be able to keep their current doctor under a switch to a self-insurance model. | March 28, 2017, at 1:05 p.m.. MORE. LinkedIn · StumbleUpon · Google +; Cancel. The Latest: Walker ...and more »
  
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• Allstate Ranks Collin, Smith as Texas’ Stormiest Counties

  28-03-2017 18:40
  
  Storms in Texas affected more Allstate insured homes in Collin County than any other part of the state over the past five years, while Smith County saw the highest frequency of lightning, the company says. Allstate Insurance tallied the top 25 Texas counties affected by severe …
  
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• Ferry galley workers call for health insurance benefits - KOMO News

  28-03-2017 18:35 via komonews.com
  KOMO News
  Ferry galley workers call for health insurance benefits
  KOMO News
  BREMERTON, Wash. (AP) - People who work in galleys on state ferries are calling for health care insurance through their employer. The Kitsap Sun reports that Connecticut-based Centerplate took over Washington State Ferries' galley and vending contracts ...and more »
  
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• 1,700 Pounds of Catfish Recalled From Mississippi Processing Facility

  28-03-2017 18:34
  
  A Mississippi catfish processor is recalling 1,700 pounds of fish after the U.S. Department of Agriculture found that it contained chemicals banned in fish farming. The Food Safety and Inspection Service said Friday that a Thursday inspection found the fish …
  
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• Liberty Mutual Launches New Builder’s Risk Product

  28-03-2017 18:29
  
  Liberty Mutual has launched Premier Protector – Builder’s Risk for large contractors and property owners – and the brokers who serve them – that is designed to help eliminate uncertainties and inconsistencies in coverage. According to Daniel Feige, division underwriting …
  
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• IVF success tied to insurance coverage - Reuters

  28-03-2017 18:23 via reuters.com
  
  EurekAlert (press release)
  IVF success tied to insurance coverage
  Reuters
  (Reuters Health) - Women who have insurance coverage for in vitro fertilization (IVF) may be more likely to have a baby than women who have to pay entirely out-of-pocket for fertility treatments, a U.S. study suggests. In any given attempt at IVF ...
  Insurance coverage for IVF increases chance of having babyEurekAlert (press release)all 4 news articles »
  
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• Jury: Cleveland Indians not Responsible for Fan’s Injuries from Foul Ball

  28-03-2017 18:18
  
  An Ohio jury says the Cleveland Indians aren’t responsible for injuries to a New York man hit by a foul ball and blinded in one eye at a baseball game in July 2012. Cleveland.com reports the decision a Cleveland-area county …
  
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• Alliant Adds Arguelles to Employee Benefits Group in New Orleans

  28-03-2017 18:12
  
  Sajeo Arguelles has joined Alliant Insurance Services’s employee benefits group as vice president in its New Orleans office. Arguelles will work with clients throughout the Southeast to design and deliver benefits solutions that reduce cost, increase coverage, and maximize value. …
  
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• Slapnicka Joins Holmes Murphy Team in Cedar Rapids, Iowa

  28-03-2017 18:06
  
  West Des Moines, Iowa-based independent insurance brokerage Holmes Murphy has added Justin Slapnicka in its Cedar Rapids location. Slapnicka has a background in the construction and safety industry. In his new role as loss control consultant, Slapnicka will be responsible …
  
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• Risk Strategies Co. Acquires Dallas-Based Terrell Insurance Services - Insurance Journal

  28-03-2017 18:01 via insurancejournal.com
  
  Risk Strategies Co. Acquires Dallas-Based Terrell Insurance Services
  Insurance Journal
  Boston-based Risk Strategies Co. has acquired Terrell Insurance Services, an independent insurance agency headquartered in Dallas. Terms of the deal were not disclosed. Founded in 2012 by President and Principal Charles T. Terrell Jr., Terrell ...and more »
  
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• Risk Strategies Co. Acquires Dallas-Based Terrell Insurance Services

  28-03-2017 18:01
  
  Boston-based Risk Strategies Co. has acquired Terrell Insurance Services, an independent insurance agency headquartered in Dallas. Terms of the deal were not disclosed. Founded in 2012 by President and Principal Charles T. Terrell Jr., Terrell Insurance offers tailored insurance and …
  
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• Pipeline Owner: North Dakota Crude Spill Larger than First Estimated

  28-03-2017 17:52
  
  A crude oil spill in western North Dakota in December is now believed to be about three times bigger than originally estimated, pipeline owner True Companies said, making it the largest crude leak to affect water in the state in …
  
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• Colorado State Patrol Crack Down to Increase Driver Safety in Rural Areas

  28-03-2017 16:57
  
  The Colorado State Patrol is cracking down on drivers in the state’s rural areas who are caught behind the wheel without a seat belt. The Denver Post reported the increased enforcement in rural Colorado started Monday and ends Saturday. Colorado Department …
  
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• Trump Slashing Funding To National Flood Insurance Program Can Cause Rates To Go Up - Forbes

  28-03-2017 16:51 via forbes.com
  
  Forbes
  Trump Slashing Funding To National Flood Insurance Program Can Cause Rates To Go Up
  Forbes
  Among the many programs targeted for cuts in the Trump Administration's “America First” 2018 budget is the National Flood Insurance Program, specifically its Hazard Flood Mapping program. The cut would save the federal government $190 million dollars a ...
  Offering private flood insurance in California: Golden Bear's experiencePropertyCasualty360all 4 news articles »
  
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• MassMutual Completes Broker-Dealer Integration

  28-03-2017 15:11
  
  Massachusetts Mutual Life Insurance Company (MassMutual) has completed the integration of its existing broker-dealer, MML Investors Services LLC, and MSI Financial Services Inc., the broker-dealer acquired as part of MassMutual’s July 2016 acquisition of the MetLife Premier Client Group. FINRA …
  
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• US|California Today: Considering a Single-Payer Insurance System - New York Times

  28-03-2017 15:00 via nytimes.com
  New York Times
  US|California Today: Considering a Single-Payer Insurance System
  New York Times
  Tuesday: A single payer proposal, conflict between California's congressional representatives, and a living artifact.and more »
  
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• Letter: Kingston teachers should contribute to health insurance to close budget gap - Hudson Valley One

  28-03-2017 14:45 via hudsonvalleyone.com
  
  Hudson Valley One
  Letter: Kingston teachers should contribute to health insurance to close budget gap
  Hudson Valley One
  The problem, said Superintendent Paul Padalino, we are nearly twice as far away from balancing the 2017-18 budget than first thought, as there is roughly a $1.1 million chasm between a rollover plan and the state-mandated tax cap. Said Assistant ...
  
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• Trump Moves to Undo Federal Climate Change Policies

  28-03-2017 14:32
  
  President Donald Trump is moving aggressively to undo policies designed to keep the carbon-cutting promises the U.S. made alongside nearly 200 other countries in Paris, while stopping short of a decision to formally withdraw from that landmark climate accord. Trump …
  
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• LePage considers starting state health insurance plan to replace Obamacare - Press Herald

  28-03-2017 14:21 via pressherald.com
  
  Press Herald
  LePage considers starting state health insurance plan to replace Obamacare
  Press Herald
  'We are just going to withdraw the state and just go do our own thing,' he says. By Scott ThistleStaff Writer. Follow on Facebook · Follow on Twitter · Email Writer · 207-791-6330. Share. facebook · tweet · email · print. Comment. Read Article ...and more »
  
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• Insured Cat Losses in 2016 Rose 42% at Highest Level Since 2012: Swiss Re

  28-03-2017 14:11
  
  Insured losses from disasters rose 42 percent to $54 billion last year, according to Swiss Re. That’s the highest since 2012 and the equivalent of 0.07 percent of global gross domestic product. Floods in Europe, the U.S. and China, earthquakes …
  
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• How Agents Can Deploy Soft Benefits to Win the Talent War

  28-03-2017 14:00
  
  Insurance agencies that stress “soft” benefits have the upper hand in recruiting workers in today’s competitive job market. Employees are increasingly seeking out “soft” benefits in addition to traditional “hard” benefits from their employers. While employees still greatly value salaries, …
  
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• UK’s Aviva Eyes Sale of Friends Provident Int’l Unit for $500M-$700M: Source

  28-03-2017 13:42
  
  Aviva Plc is exploring a sale of its Friends Provident International unit, which offers life assurance and investment products, in a deal that could raise between $500 million and $700 million, a source with direct knowledge of the matter said. …
  
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• Health insurance costs in Berkshire towns and schools shifts to workers - Berkshire Eagle (subscription)

  28-03-2017 13:12 via berkshireeagle.com
  
  Health insurance costs in Berkshire towns and schools shifts to workers
  Berkshire Eagle (subscription)
  WILLIAMSTOWN — A number of municipalities and school districts throughout Berkshire County had been expecting a hike of 10 percent or more in their health insurance costs for the coming fiscal year. But under a change by Berkshire Health Group, towns, ...
  
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• The original mistake that distorted the health insurance system in America - Los Angeles Times

  28-03-2017 13:00 via latimes.com
  
  Los Angeles Times
  The original mistake that distorted the health insurance system in America
  Los Angeles Times
  A World War II-era mistake distorted the U.S. health insurance system. Reformers tried to fix the problem with patchwork solutions until Obamacare dumped yet another layer of misguided policy onto what was already a mess. Now the tangle is so ...
  
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• Massachusetts-Headquartered Rogers & Gray Insurance Hires Rossi - Insurance Journal

  28-03-2017 12:57 via insurancejournal.com
  
  Insurance Journal
  Massachusetts-Headquartered Rogers & Gray Insurance Hires Rossi
  Insurance Journal
  Rogers & Gray Insurance, a Kingston, Mass.-headquartered independent insurance agency, has hired Joe Rossi as a flood specialist. Rossi formed the non-profit Marshfield Citizens Coastal Coalition (MCCC) in February of 2012, seeking stronger citizen ...
  
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• Massachusetts-Headquartered Rogers & Gray Insurance Hires Rossi

  28-03-2017 12:57
  
  Rogers & Gray Insurance, a Kingston, Mass.-headquartered independent insurance agency, has hired Joe Rossi as a flood specialist. Rossi formed the non-profit Marshfield Citizens Coastal Coalition (MCCC) in February of 2012, seeking stronger citizen representation of coastal issues. The MCCC …
  
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• Citigroup to Seek Bancassurance Distribution Partners in APAC Region: Source

  28-03-2017 12:47
  
  Citigroup Inc. will seek bids from global insurers keen to sell general insurance products across the U.S. bank’s Asia-Pacific markets, in a deal that could be worth at least $500 million, a source with knowledge of the matter told Reuters. Citi’s move …
  
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• Offering private flood insurance in California: Golden Bear’s experience

  28-03-2017 12:30
  
  The federal flood insurance program is scheduled to expire on Sept. 30, 2017. Here is one company's plan to offer private flood insurance as an alternative.
  
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• Student Sues New York’s Columbia University, Alleging Indifference to 2 Rapes

  28-03-2017 12:16
  
  A woman who enrolled in Columbia University partly because she wanted to be part of the emotional debate there over on-campus sexual assaults sued the school Tuesday, saying she was raped twice in her dorm room during her freshman year. …
  
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• Are you wasting money on customer experience?

  28-03-2017 12:15
  
  The vast majority of customer experience improvement programs launched by insurance providers will fail, according to a recent study by Avaya.
  
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• Keys to improving jewelry claim outcomes

  28-03-2017 12:00
  
  December, April and September are the busiest months for jewelry claims.
  
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• Exclusive: Citigroup to seek bids for Asia general insurance - Reuters - Reuters

  28-03-2017 11:18 via reuters.com
  
  Reuters
  Exclusive: Citigroup to seek bids for Asia general insurance - Reuters
  Reuters
  Citigroup Inc (C.N) will seek bids from global insurers keen to sell general insurance products across the U.S. bank's Asia-Pacific markets, in a deal that could be ...
  Exclusive: Citigroup to seek bids for Asia general insurance distribution deal - sourceYahoo Financeall 4 news articles »
  
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• As costs rise, will narrow network insurance plans catch on in CT? - The CT Mirror

  28-03-2017 11:02 via ctmirror.org
  
  The CT Mirror
  As costs rise, will narrow network insurance plans catch on in CT?
  The CT Mirror
  St. Francis Hospital and Medical Center in Hartford, one of two general hospitals in the city. Would you buy a health plan that covered fewer hospitals and doctors if the premiums were 10 percent less? Officials at Connecticut's health insurance ...
  Both parties misunderstand health insurance | OpinionNJ.com
  Health care, not insuranceDanville Commercial News
  Combining Obamacare and Trumpcare Might Sav
  
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• Fitbit vs. Jawbone Trade Secret Theft Trial in California Moving Forward

  28-03-2017 11:00
  
  Fitbit Inc. is headed toward a trial over claims it stole rival Jawbone Inc.’s trade secrets, after failing to persuade a judge to throw the case out. A California state judge on Friday rejected Fitbit’s argument that the lawsuit is …
  
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• Fitbit V. Jawbone Trade Secret Theft Trial in California Moving Forward

  28-03-2017 11:00
  
  Fitbit Inc. is headed toward a trial over claims it stole rival Jawbone Inc.’s trade secrets, after failing to persuade a judge to throw the case out. A California state judge on Friday rejected Fitbit’s argument that the lawsuit is …
  
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• Gross Settles with Allianz’ PIMCO for $81M, Ending Bitter Legal Dispute

  28-03-2017 10:39
  
  For Bill Gross, the long goodbye is finally over. More than two years after the legendary bond manager was ousted from Pacific Investment Management Co. — the firm he co-founded and built into a $2 trillion asset manager — he …
  
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