Insurance news

• Transgender university employees sue over insurance cuts - Minneapolis Star Tribune

  07-04-2017 22:31 via startribune.com
  
  Transgender university employees sue over insurance cuts
  Minneapolis Star Tribune
  MADISON, Wis. — Two transgender University of Wisconsin employees are suing the state's insurance board and the UW System after it stopped covering sex reassignment procedures. The American Civil Liberties Union and the ACLU of Wisconsin on ...and more »
  
  Read more

• Watchdog Group Wants California to Look into Claims in Propublica Report

  07-04-2017 22:30
  
  Consumer Watchdog, a California-based advocacy group, is asking the state’s insurance commissioner Jones to open an investigation into the potential redlining uncovered by a ProPublica report that finds that four auto insurance companies in California mark up prices by as …
  
  Read more

• IIABCal Gains 25 New Member Agencies

  07-04-2017 21:19
  
  Twenty-five new member agencies joined the membership ranks of IIABCal in the first quarter of 2017. “Bringing in new agencies to IIABCal adds to a growing association network and footprint in California. New members add input and perspectives that fuel …
  
  Read more

• The Car Insurance Industry Attacks Our Story. Here's Our Response ... - ProPublica

  07-04-2017 20:04 via propublica.org
  
  ProPublica
  The Car Insurance Industry Attacks Our Story. Here's Our Response ...
  ProPublica
  An industry representative disputed our findings that many disparities in auto insurance prices between minority and white neighborhoods are wider than ...
  Are drivers in minority neighborhoods being unfairly charged for auto insurance?MarketWatch
  Consumer Reports: Can race affect your car insurance premium?6abc.com
  Minority Neighborhoods Pay Higher Car Insurance Premiums Than White Areas With the S
  
  Read more

• Advertisement

• Weather Service: 17 Twisters in Louisiana Outbreak

  07-04-2017 18:54
  
  The National Weather Service has confirmed that at least 17 tornadoes struck Louisiana during a severe weather outbreak that began on Sunday, April 2 and ended the next day. A Sunday morning storm flipped a Breaux Bridge mobile home, killing …
  
  Read more

• Severe U.S. weather expected to cost insurers more than $2B in March

  07-04-2017 18:52
  
  Through the first quarter of 2017, the U.S. has seen an above-average number of storms.
  
  Read more

• St. Louis’ Boiler Standards Questioned After Blast

  07-04-2017 18:45
  
  Safety experts are questioning St. Louis’ boiler safety standards, following a deadly explosion that killed three people and injured four others. Boiler safety is regulated almost uniformly in most places, with standards that generally include periodic inspections, but not in …
  
  Read more

• Texas School Bus Crash Sends 23 Children, 1 Adult to Hospitals

  07-04-2017 18:37
  
  Twenty-four people — 23 of them fourth-graders — were sent to Southeast Texas hospitals after an accident involving their school bus, a pickup truck and an 18-wheeler. The afternoon crash on Wednesday, April 5 happened on U.S. 69 in Lumberton, …
  
  Read more

• Advertisement

• Baylor Scandal Inspires a Slew of Texas Campus Sex Assault Bills

  07-04-2017 18:29
  
  Texas lawmakers are pushing for tougher sexual assault reporting requirements on college campuses in response to the ongoing investigations into Baylor University’s handling of sexual assault allegations involving its football program. The Legislature convenes every other year and is in …
  
  Read more

• ProPublica, Consumer Reports Hit Back, Cite ‘Errors’ in Industry Criticism of Their Auto Insurance Report

  07-04-2017 18:25
  
  ProPublica and Consumer Reports have issued a response to the opinion column by Insurance Information Institute’s James Lynch criticizing their report, Minority Neighborhoods Pay Higher Car Insurance Premiums Than White Areas with the Same Risk. As reported by Insurance Journal, the …
  
  Read more

• Appeal Rejected, ABC ‘Pink Slime’ Case Headed for Trial in South Dakota

  07-04-2017 18:08
  
  ABC Broadcasting has lost a last-ditch bid before South Dakota’s highest court to avoid a trial in a beef producer’s $5.7 billion defamation case over reports about a product that critics call “pink slime.” The order signed on April 3 …
  
  Read more

• Iowa’s Global Insurance Accelerator Lands DuPont Innovation Award

  07-04-2017 18:05
  
  The Global Insurance Accelerator (GIA) has been selected as this year’s winner of the DuPont Pioneer InnovationLEADER Award by innovationIOWA Magazine, an annual publication of the Des Moines Business Record. Sponsored by the science and engineering company, DuPont, and managed …
  
  Read more

• Insurance Rates for Architects, Engineers Stabilize or Decline in 2016: Survey - Insurance Journal

  07-04-2017 18:04 via insurancejournal.com
  
  Insurance Rates for Architects, Engineers Stabilize or Decline in 2016: Survey
  Insurance Journal
  Although a slim majority of insurance companies providing architects and engineers professional liability insurance saw their rates stabilize in 2016, nearly one in three experienced modest decreases in rates. That's according to a new survey by ...
  
  Read more

• Insurance Rates for Architects, Engineers Stabilize or Decline in 2016: Survey

  07-04-2017 18:02
  
  Although a slim majority of insurance companies providing architects and engineers professional liability insurance saw their rates stabilize in 2016, nearly one in three experienced modest decreases in rates. That’s according to a new survey by insurance broker Ames & …
  
  Read more

• Oklahoma Earthquakes Lawsuit Against Energy Companies Dismissed

  07-04-2017 18:00
  
  A federal judge has dismissed a lawsuit against three oil and gas companies over Oklahoma’s ongoing earthquakes. The lawsuit, filed last year on behalf of Sierra Club Oklahoma, asked for a reduction of production waste from Devon Energy Corp., Chesapeake …
  
  Read more

• Flood Insurance: Pricier This Year, and May Go Higher - New York Times

  07-04-2017 18:00 via nytimes.com
  Daily Comet
  Flood Insurance: Pricier This Year, and May Go Higher
  New York Times
  Many homeowners who have flood insurance — or are seeking to buy it — will face higher premiums this year, because of increases that took effect April 1. Premiums under the National Flood Insurance Program rose an average of about 6 percent.
  Get ready for flood insurance reform -- againDaily Comet
  Future of flood insurance program in doubtThehour.comall 8 news articles »
  
  Read more

• Missouri Tornado Damaged School, Fire House

  07-04-2017 17:59
  
  A tornado with wind speeds of up to 120 mph caused damage to a fire station, elementary school and several other buildings in southwest Missouri, the National Weather Service said. Meteorologist Mike Griffin said the twister that hit around 7 …
  
  Read more

• Utah School District to Pay $100K over Girl’s ‘Drunk Goggles’ Injury

  07-04-2017 17:31
  
  A Utah school district agreed to pay $100,000 to the family of a teenage girl who was injured while wearing goggles to simulate drunkenness in a 2014 health class experiment. The Davis School District will put more than $61,000 into …
  
  Read more

• People on the move in the P&C insurance industry: April 7, 2017

  07-04-2017 17:30
  
  News from The Liberty Company Insurance Brokers, Ohio Insurance Agents, PMA Companies and more.
  
  Read more

• Federal Judge Temporarily Blocks Seattle Law Allowing Ridesharing Union

  07-04-2017 17:27
  
  A federal judge in Seattle, Wash. has temporarily blocked the city’s first-in-the-nation law allowing drivers of ridesharing companies such as Uber and Lyft to unionize over pay and working conditions. U.S. District Judge Robert Lasnik’s ruling came after he heard …
  
  Read more

• Representatives of Rideshare Companies Push for Oregon Regulations

  07-04-2017 17:21
  
  Representatives for ridesharing companies Uber and Lyft are pushing a bill that would ensure the state of Oregon regulates them instead of individual cities. The Eugene Register-Guard reported representatives said at a hearing this week that the bill would set …
  
  Read more

• Rising flood insurance costs a growing burden to N.Y. City communities and homeowners [Report]

  07-04-2017 17:20
  
  New York City communities, hard hit by Superstorm Sandy in 2012, face high costs for Flood insurance, affecting the communities' resiliency.
  
  Read more

• California Governor Wants to Unite Marijuana Laws

  07-04-2017 17:14
  
  Whether one entity can legally grow and sell marijuana at the retail level in California is emerging as one of the biggest conflicts state authorities are wrestling with as they move to streamline regulations and adopt the same rules for …
  
  Read more

• Chubb Names Gunter North America Commercial Chief to Succeed Retiring Pozzi

  07-04-2017 16:44
  
  Scott Gunter has been appointed senior vice president, Chubb Group, and division president, North America Commercial Insurance. In his new role, Gunter will have executive operating responsibility for the retail commercial property/casualty insurance business that serves the middle market in …
  
  Read more

• QBE North America Names Attune’s Friesenhahn to Lead Multinational Unit

  07-04-2017 16:03
  
  QBE North America has appointed Richard Friesenhahn as head of Multinational for North America. Based in New York, Friesenhahn will support the company’s expansion of multinational services and offerings. Friesenhahn has more than 38 years of industry experience with various affiliates of …
  
  Read more

• Miller Taps Gallagher’s Maule as Senior Trade Credit & Political Risks Broker

  07-04-2017 15:47
  
  Miller has hired David Maule in a business production and senior broking role, which the London-based broker said will add “considerable strength” to its trade credit and political risks capabilities. Maule will work with colleagues in the London, Paris and …
  
  Read more

• UK MGA Plum Launches High Net Worth Home Cyber Cover

  07-04-2017 15:34
  
  Plum Underwriting, the London-based specialist home insurance managing general agent, announced the launch of cyber and data risks cover embedded within high net worth (HNW) and mid net worth (MNW) home insurance products in the UK. Plum’s Home Cyber covers a …
  
  Read more

• Civil Rights Ruling Protecting Gay Employees Likely Headed to Supreme Court: View

  07-04-2017 15:32
  
    Everyone agrees that under Title VII of the Civil Rights Act of 1964, employers are forbidden from discriminating on the basis of sex. Are they also forbidden from discriminating on the basis of sexual orientation? In a momentous decision …
  
  Read more

• Trade Credit Insurers Paid UK Claims of $4.9M each Week in 2016: ABI

  07-04-2017 15:10
  
  Trade credit insurers paid claims to UK businesses in 2016, amounting to more than £4 million ($4.9 million) a week, or £210 million ($256.8 million), according to figures released by the Association of British Insurers (ABI). These claims due to …
  
  Read more

• How to Analyze Auto Insurance Agencies Fast With Quotes - Yahoo Finance

  07-04-2017 15:07 via finance.yahoo.com
  How to Analyze Auto Insurance Agencies Fast With Quotes
  Yahoo Finance
  LOS ANGELES, April 7, 2017 /PRNewswire-iReach/ -- Carinsuranceshoppingsource.com has released a new blog post explaining how to analyze auto insurance agencies with quotes. An auto insurance quote shows how much a policy costs.Clients can now ...and more »
  
  Read more

• OSHA Delays Obama Silica Safety Standard for Construction Industry

  07-04-2017 15:05
  
  The U.S. Department of Labor’s Occupational Safety and Health Administration has announced a delay in enforcement of the crystalline silica standard that applies to the construction industry. The rule, on which OSHA first sought comment in 1974, was finalized in March 2016 by the …
  
  Read more

• 10 Insurance Firms Test Blockchain for Insurance in China - CoinDesk

  07-04-2017 14:29 via coindesk.com
  
  CoinDesk
  10 Insurance Firms Test Blockchain for Insurance in China
  CoinDesk
  In a Sina Finance report, the news agency revealed that the Shanghai Insurance Exchange had initiated a blockchain trial centered on insurance businesses in the country. For the project, nine insurance companies partnered with the exchange, including ...
  
  Read more

• Amtrak Criticized for Derailments, Problems at New York’s Penn Station

  07-04-2017 14:23
  
  The heads of the two major commuter rail lines that use New York’s Penn Station took turns criticizing Amtrak on Wednesday for two recent derailments that continued to cause headaches for commuters in the nation’s busiest rail hub. Rail service …
  
  Read more

• Delaware Bill to Nix Use of Age, Credit for Auto Premiums Stalls

  07-04-2017 14:14
  
  Legislation to prevent insurers from using age and credit scores in setting automobile insurance rates has stalled amid opposition from industry groups. The bill, tabled in committee Wednesday, prohibits the use of age, marital status, credit scores and income in …
  
  Read more

• Trump’s FDA Chief Cites Opioid Epidemic As Top Priority

  07-04-2017 14:07
  
  Opioid painkillers that have led to thousands of deaths and new drug addicts should be the highest priority of the U.S. Food and Drug Administration, said Scott Gottlieb, President Donald Trump’s pick to lead the agency. “The opioid epidemic in …
  
  Read more

• S&P Raises Ratings for Belgian Aviation Insurer Aviabel After AXIS Acquisition

  07-04-2017 13:55
  
  S&P Global Ratings has raised its long-term counterparty credit and financial strength ratings on Aviabel Cie. Belge d’Assurances Aviation to “A” from “A-“, following the completion of its acquisition on April 1 by AXIS Capital. Confirming a stable outlook for …
  
  Read more

• U.S. Weather in March to Cost Insurers More than $2B: Aon Cat Report

  07-04-2017 13:17
  
  Four severe weather outbreaks in the U.S. throughout March led to extensive damage in the central and eastern parts of the country, costing the insurance industry in excess of US$2.0 billion, according to a report published by Impact Forecasting, Aon …
  
  Read more

• U.S. Weather in March to Cost Insurers More than $2 Billion: Aon

  07-04-2017 13:17
  
  Four severe weather outbreaks in the U.S. throughout March led to extensive damage in the central and eastern parts of the country, costing the insurance industry in excess of US$2.0 billion, according to a report published by Impact Forecasting, Aon …
  
  Read more

• Maryland to Move Flammable Materials Stored Under Bridges

  07-04-2017 12:48
  
  Transportation officials in Maryland plan to move flammable materials stored under bridges after a raging fire caused part of a busy interstate to collapse in downtown Atlanta. The Maryland Department of Transportation said in a news release Tuesday that the …
  
  Read more

• Berkshire Hathaway Specialty Sues Goodyear Over Asbestos Claims

  07-04-2017 12:46
  
  An insurance unit of Warren Buffett’s conglomerate Berkshire Hathaway Inc. said it has sued Goodyear Tire & Rubber Co to avoid having to cover asbestos-related injury claims that Goodyear said nothing about for seven years. Berkshire Hathaway Specialty Insurance Co. is seeking unspecified damages …
  
  Read more

• Pennsylvania’s V3 Insurance Partners Hires 2, Promotes 1

  07-04-2017 12:42
  
  V3 Insurance Partners LLC (V3), a Newtown, Penn.-based specialty program administrator offering insurance programs targeted at middle market companies, has added two senior executives to its professional lines practice – Dan Auslander and Brad Lacey. In addition, Laura Hanisco has …
  
  Read more

• GIFD improvements could lower your insurance - NTV

  07-04-2017 12:29 via nebraska.tv
  NTV
  GIFD improvements could lower your insurance
  NTV
  The Grand Island Fire Department received quite a bit of money this year to make some big changes, including getting a new ladder truck and building a training facility. Those improvements could possibly lower your insurance rates. Grand Island Fire ...and more »
  
  Read more

• April 1 Renewals Saw ‘Disciplined Softening’ with Ample Capacity: Aon & Willis Re

  07-04-2017 11:49
  
  With abundant capacity, aggressive capital market competition and acceptable returns for global reinsurers, it’s no wonder that the elusive bottom of soft market pricing was not evident at the April 1 renewals. During 2016, global reinsurers generated “an acceptable, though …
  
  Read more

• Trial concludes for man accused of killing son for insurance - Santa Cruz Sentinel

  07-04-2017 09:18 via santacruzsentinel.com
  
  Trial concludes for man accused of killing son for insurance
  Santa Cruz Sentinel
  MANASSAS, Va. (AP) — Joaquin Rams is either a father unjustly accused in the tragic, unexplained death of his 1-year-old son, or he is the most cold-blooded of murderers who snuffed the life from his boy to collect half a million dollars in life ...
  
  Read more

• Our View: Health insurance savings could help heal the state - Mail Tribune

  07-04-2017 09:01 via mailtribune.com
  Our View: Health insurance savings could help heal the state
  Mail Tribune
  A legislative proposal to move the state's public employees' health care into coordinated care organizations makes sense on multiple levels: It would save hundreds of millions of dollars at a time when Oregon's institutions are facing massive cutbacks ...
  
  Read more

• Counterpoint: A Better Way — Repeal the $9 Trillion Health Insurance Tax - InsideSources

  07-04-2017 07:48 via insidesources.com
  InsideSources
  Counterpoint: A Better Way — Repeal the $9 Trillion Health Insurance Tax
  InsideSources
  The American Health Care Act that the House GOP leadership pulled from the floor last month would not have begun to repair the damage done by Obamacare. A more appropriate title would have been the “Obamacare Preservation Act,” because it would ...
  Philadelphia-area CEO: Educate your employees about health insurancePhiladelphia Business Journal
  Want Affordable Health Insur
  
  Read more

• Hanover Stone Partners Launches Practice Aimed at Controlling Workers’ Comp Costs

  07-04-2017 07:20
  
  Hanover Stone Partners, a risk management services firm, has established a dedicated, national practice group to help employers manage workers’ compensation costs. Barry E. Thompson, who has more than 30 years of experience in all areas of workers’ compensation cost …
  
  Read more

• Lonneman Named President of American Empire Surplus Lines Insurance

  07-04-2017 07:07
  
  Mark R. Lonneman has been named president of American Empire Surplus Lines Insurance Co. (AESLIC), a member of Cincinnati, Ohio-based Great American Insurance Group. He succeeds Fred Woebse, who recently retired. Lonneman will continue to serve as divisional president of Great …
  
  Read more

• Tornado Confirmed in Mississippi

  07-04-2017 06:57
  
  The National Weather Service confirms that a tornado struck southwest Mississippi on Monday. A survey showed that a twister with top winds of 110 mph (175 kph) touched down just inside Franklin County at 12:57 a.m. It moved 17.5 miles …
  
  Read more

• Insurance company says, 'You're approved,' then refuses to cover the bill - KUTV 2News

  07-04-2017 06:56 via kutv.com
  Insurance company says, 'You're approved,' then refuses to cover the bill
  KUTV 2News
  Brinley knows better than to go get something like that without first clearing it with insurance, so he called and was told “it's approved.” In fact, a recording of that call shows his insurance company's representative told him it wouldn't cost him ...
  
  Read more

Follow @Insurance_Newsl on Twitter!