Insurance news

• State House votes to repeal PIP auto insurance - Sun Sentinel

  19-04-2017 23:50 via sun-sentinel.com
  
  WWSB ABC 7
  State House votes to repeal PIP auto insurance
  Sun Sentinel
  The Florida House on Wednesday overwhelmingly approved a proposal that would repeal the state's longstanding "no fault" auto insurance system. The debate now shifts to the Senate, where a similar measure (SB 1766) has moved through one committee ...
  Florida may scrap auto insurance lawWWSB ABC 7all 4 news articles »
  
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• Not yet dead: Insurance claims reform bill advances in state House - Sun Sentinel

  19-04-2017 23:48 via sun-sentinel.com
  
  Sun Sentinel
  Not yet dead: Insurance claims reform bill advances in state House
  Sun Sentinel
  A bill aimed at reducing insurance claims abuses by repair contractors and their attorneys is headed toward the full state House of Representatives following passage by a key committee on April 19, 2017. (GUILLAUME SOUVANT / AFP/Getty Images).and more »
  
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• Insurance regulators want Obamacare payments in spending bill - Washington Examiner

  19-04-2017 23:44 via washingtonexaminer.com
  
  TPM
  Insurance regulators want Obamacare payments in spending bill
  Washington Examiner
  State insurance regulators from across the country are imploring Congress to include Obamacare payments in a spending bill to fund the government next week. The states say if the government doesn't fully fund cost-sharing reduction payments to insurers ...
  Insurance Commissioners Ask Congress To Fund O'Care SubsidiesTPMall 10 news articles »
  
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• Buy homeowners insurance to protect against many scenarios - WRAL.com

  19-04-2017 23:39 via wral.com
  
  WRAL.com
  Buy homeowners insurance to protect against many scenarios
  WRAL.com
  Many people don't think about homeowners insurance until they need it, and that may be too late. Some new twists to homeowners coverage can save you money and cover you better. "You really just want to make sure you're prepared for the unexpected ...
  
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• Heroin Overdose Insurance Claims Jump 1078 Percent In Opioid-Plagued Ohio - Daily Caller

  19-04-2017 23:17 via dailycaller.com
  
  Heroin Overdose Insurance Claims Jump 1078 Percent In Opioid-Plagued Ohio
  Daily Caller
  Insurance claims for heroin overdoses and dependence are surging in Ohio, one of the states hit hardest by rising rates of opioid abuse and overdose deaths, according to a Wednesday report. Private claims for diagnoses including opioid abuse, opioid ...and more »
  
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• Maine Naturopaths Rally Behind Bill to Guarantee Insurance - U.S. News & World Report

  19-04-2017 22:55 via usnews.com
  Maine Naturopaths Rally Behind Bill to Guarantee Insurance
  U.S. News & World Report
  Naturopaths in Maine are rallying behind a bill designed to prevent insurers from discriminating against health care providers who are licensed by the state. | April 19, 2017, at 4:50 p.m.. MORE. LinkedIn · StumbleUpon · Google +; Cancel. Maine ...and more »
  
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• Georgia Department of Insurance helps Georgians claim lost life insurance - 41 NBC News

  19-04-2017 22:51 via 41nbc.com
  
  41 NBC News
  Georgia Department of Insurance helps Georgians claim lost life insurance
  41 NBC News
  MACON, Georgia (41NBC/WMGT) – The Georgia Department of Insurance wants you to get the money you deserve. They've partnered with the National Insurance Association of Commissioners to help Georgians claim life insurance money they may not ...
  
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• The Road to Autonomous Vehicles: Insurance Implications - JD Supra (press release)

  19-04-2017 22:20 via jdsupra.com
  
  The Road to Autonomous Vehicles: Insurance Implications
  JD Supra (press release)
  The Situation: Product liability questions will accompany the approaching mass commercialization of autonomous vehicles. It is possible that the insurance market will experience a movement from operator responsibility toward increased manufacturer ...and more »
  
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• AmWINS acquiring specialty insurance broker Partners - Business Insurance

  19-04-2017 22:14 via businessinsurance.com
  
  Business Insurance
  AmWINS acquiring specialty insurance broker Partners
  Business Insurance
  AmWINS Group Inc. will acquire Partners Specialty Group L.L.C. in a deal that will create a firm with more than $14 billion in annual premiums, AmWINS said Wednesday. Terms of the deal were not disclosed in the statement, and an AmWINS spokesman ...and more »
  
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• Propping up private health insurance is like putting lipstick on a pig - The Guardian

  19-04-2017 22:08 via theguardian.com
  
  The Guardian
  Propping up private health insurance is like putting lipstick on a pig
  The Guardian
  Australia has 34 insurers who offer 40,000 variations of policies. It is an awful mess – and we've been down this path before. • Experts attack private health insurance for lack of value and transparency. Hand holding a blood pressure gauge. 'Private ...
  'Dangerous path': Medicare 'seriously threatened' by private health insuranceThe Sydney Morning Heraldall 4 news articles »
  
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• Specialty Brokers AmWINS and Partners Specialty Group to Merge

  19-04-2017 21:33
  
  Specialty insurance brokerages AmWINS Group Inc. and Partners Specialty Group LLC  have agreed to merge. Partners will become part of the AmWINS Brokerage Division, bringing an expanded geographic presence that complements the existing AmWINS platform. The combined firm will place …
  
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• Did Federal Deposit Insurance Corrupt the Banking System? [Reason Podcast] - Reason (blog)

  19-04-2017 21:03 via reason.com
  
  Reason (blog)
  Did Federal Deposit Insurance Corrupt the Banking System? [Reason Podcast]
  Reason (blog)
  "Before the 1930s, you could open up The Wall Street Journal and see advertisements for different banks saying how much capital they had," said George Selgin, who's the director of the Center for Monetary and Financial Alternatives at the Cato Institute.
  
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• Beau LaFave taking on the insurance industry - UPMatters.com

  19-04-2017 21:02 via upmatters.com
  
  UPMatters.com
  Beau LaFave taking on the insurance industry
  UPMatters.com
  Michigan has the third-highest auto insurance rates in the country, but efforts to change the state's “no fault” system have gone no where over the years, but one of the state's newest and youngest House members is going to give it a try. Upper ...
  
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• Rep. Mike Huval's insurance bills set for hearings - The INDsider

  19-04-2017 20:40 via theind.com
  
  The INDsider
  Rep. Mike Huval's insurance bills set for hearings
  The INDsider
  Three bills by the Breaux Bridge insurance agent will be heard by the House Insurance Committee Wednesday. By Mike Stagg. Hula. Rep. Mike Huval of Breaux Bridge will spend most of Tuesday morning in front of the House Committee on Insurance where ...
  
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• Tight budgets force US insurance regulators to rely on outside help: report - Reuters

  19-04-2017 19:33 via reuters.com
  
  Tight budgets force US insurance regulators to rely on outside help: report
  Reuters
  The U.S. Federal Insurance Office (FIO) should study how much funding state insurance departments receive from their legislatures and recommend appropriate levels, a bipartisan policy group said in a report on Wednesday. State insurance departments ...and more »
  
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• Delaware gets $212505 from insurance settlement - The News Journal

  19-04-2017 19:32 via delawareonline.com
  
  The News Journal
  Delaware gets $212505 from insurance settlement
  The News Journal
  Delaware will get $212,505 from insurance company Assurant Inc., the Department of Insurance announced Wednesday. The cash is part of a $75 million settlement reached with 48 states over the company's force-placed property insurance business.
  Delaware Insurance Commissioner announces Assurant, Inc.'s force ...WDEL 1150AMall 5 news articles »
  
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• Couch: Miles Bridges is a millionaire-in-waiting, thanks to insurance - Lansing State Journal

  19-04-2017 19:28 via lansingstatejournal.com
  
  Lansing State Journal
  Couch: Miles Bridges is a millionaire-in-waiting, thanks to insurance
  Lansing State Journal
  EAST LANSING – The thousand or so Michigan State students and fans gathered around Miles Bridges, his family, Tom Izzo and Sparty last Thursday were in no mood for a killjoy. So when Casey Harrison, a reporter from MSU's student newspaper, asked a ...and more »
  
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• Veterans gained health insurance coverage under Obamacare, study says - Miami Herald

  19-04-2017 19:20 via miamiherald.com
  Miami Herald
  Veterans gained health insurance coverage under Obamacare, study says
  Miami Herald
  Veterans younger than 65 have made significant gains in health insurance coverage under the Affordable Care Act, according to a study released Wednesday by researchers at the nonpartisan Urban Institute. Nationwide, about 429,000 military veterans ...
  Return insurance regulation to the individual statesThe Citizen.com
  Veterans saw dramatic gains in health insurance coverage after ObamacareKVOA T
  
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• Services for Texas Insurance Commissioner Mattax to Begin on April 20 - Insurance Journal

  19-04-2017 18:54 via insurancejournal.com
  
  Insurance Journal
  Services for Texas Insurance Commissioner Mattax to Begin on April 20
  Insurance Journal
  Funeral services for Texas Insurance Commissioner David Mattax, who passed away on April 13, will begin Thursday, April 20, 2017, the Texas Department of Insurance announced. Mattax, who had served as insurance commissioner since January 2015, ...
  
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• Texas Woman Awarded $760K for Oklahoma Skydiving Injury

  19-04-2017 18:50
  
  Texas woman has been awarded $760,000 after she was badly injured in a skydiving accident in Oklahoma. Mackenzie Wethington was 16 in January 2014 when her parachute malfunctioned and she fell more than 3,000 feet to the ground in Chickasha. …
  
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• Critics: DuPont Spent More on Legal Fees than Chemical Tests in Teflon Case

  19-04-2017 18:49
  
  Critics say DuPont has spent too little on testing Ohio and West Virginia residents for contamination from a chemical used to make Teflon, while paying millions to a lawyer overseeing the testing program. The Columbus Dispatch DuPont spent about $860,000 …
  
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• North Dakota Passes Law Regulating Air Ambulance Bills

  19-04-2017 18:46
  
  Insurance Commissioner Jon Godfread praised the signing of Senate Bill 2231, regarding the regulation of how insurance companies pay for air ambulance services in North Dakota. The bill also requires hospitals to notify patients in non-emergency situations which air ambulance …
  
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• Surplus Lines Insurance Bills Advance in Texas Legislature

  19-04-2017 18:43
  
  The Texas legislature has pushed several bills related to the excess and surplus lines industry out of committee, the Surplus Lines Stamping Office announced. The Senate Business and Commerce Committee voted on April 18 to recommend that Senate Bill 1491, …
  
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• Haughawout Named Deputy Commissioner at Ohio Department of Insurance

  19-04-2017 18:39
  
  Carrie Haughawout, who joined the Ohio Department of Insurance (ODI) in 2011, has been appointed deputy director of the department, ODI Director Jillian Froment announced. Froment, who had held the deputy director position prior to her appointment to director by …
  
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• Services for Texas Insurance Commissioner Mattax to Begin on April 20

  19-04-2017 18:38
  
  Funeral services for Texas Insurance Commissioner David Mattax, who passed away on April 13, will begin Thursday, April 20, 2017, the Texas Department of Insurance announced. Mattax, who had served as insurance commissioner since January 2015, passed away after a …
  
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• Under NY Law, Insurance Companies Now Required To Cover Fertility Treatments For All Women - CBS New York

  19-04-2017 18:23 via newyork.cbslocal.com
  
  CBS New York
  Under NY Law, Insurance Companies Now Required To Cover Fertility Treatments For All Women
  CBS New York
  NEW YORK (CBSNewYork) –– Under New York law, insurance companies are now responsible to provide coverage for fertility treatment to all women regardless of sexual orientation or marital status, Gov. Andrew M. Cuomo announced Wednesday. Prior to ...
  RESOLVE Applauds New York Governor Cuomo on Actions to Secure Insurance Coverage For Fertility Treatments ...PR Web
  
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• Delaware Insurance Commissioner announces Assurant, Inc.'s force-placed insurance market settlement - WDEL 1150AM

  19-04-2017 18:22 via wdel.com
  
  WDEL 1150AM
  Delaware Insurance Commissioner announces Assurant, Inc.'s force-placed insurance market settlement
  WDEL 1150AM
  The Delaware Department of Insurance announced it was one of 49 insurance regulator jurisdictions to reach a $75 million settlement with Assurant, Inc., and their force-placed property insurance writing practices, of which Delaware will receive more ...
  Delaware gets $212505 from insurance settlementThe News Journalall 6 news articles »
  
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• Insurance customers need to get used to talking to machines

  19-04-2017 18:02
  
  About two-thirds of insurers already use artificial intelligence-based 'virtual assistants,' according to a survey by Accenture Plc.
  
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• Officials Warn of Possible Evacuations in Georgia as Okefenokee Wildfire Spreads

  19-04-2017 18:00
  
  Georgia residents on the western edge of the Okefenokee Swamp have been warned to prepare for potential evacuations from an approaching wildfire that has burned more than 30 square miles (80 square kilometers) of public lands nearby. A lightning strike …
  
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• Will Your Insurance Cover A Dog Bite? You Don't Know - TheStreet.com

  19-04-2017 17:35 via thestreet.com
  
  TheStreet.com
  Will Your Insurance Cover A Dog Bite? You Don't Know
  TheStreet.com
  Does your renters or homeowners insurance cover flooding? Dog bites? Stolen valuables? The stuff in your car? You have no idea. Insurance information site InsuranceQuotes found that most people are generally clueless about what, exactly, a homeowners ...
  
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• When are leaking pipes and water loss covered commercial claims?

  19-04-2017 17:30
  
  Water leaks are often in pipes buried underground , and you may only find them when you see the exorbitant water bill. Is any of that loss or the bill a covered claim?
  
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• Pembroke accepted into flood insurance program | SavannahNow - Savannah Morning News

  19-04-2017 17:28 via savannahnow.com
  
  Savannah Morning News
  Pembroke accepted into flood insurance program | SavannahNow
  Savannah Morning News
  Some citizens of Pembroke purchasing flood insurance received some good news during the April 10 meeting of the city council when City Clerk Sharroll ...and more »
  
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• Pembroke accepted into flood insurance program - Savannah Morning News

  19-04-2017 17:28 via savannahnow.com
  
  Savannah Morning News
  Pembroke accepted into flood insurance program
  Savannah Morning News
  Some citizens of Pembroke purchasing flood insurance received some good news during the April 10 meeting of the city council when City Clerk Sharroll Fanslau announced that after several years of effort the city's application to the National Flood ...and more »
  
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• Jury Will Decide if Colorado Resort Operators Were at Fault in Avalanche Death

  19-04-2017 16:58
  
  A Colorado jury will decide if Vail Resorts properly closed an expert ski run where a teenager was killed in an avalanche. District Judge Fred Gannett ruled last week that jurors must decide if signs on the run called Prima …
  
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• Jury Will Decide if Colorado Resort Operators Was at Fault in Avalanche Death

  19-04-2017 16:58
  
  A Colorado jury will decide if Vail Resorts properly closed an expert ski run where a teenager was killed in an avalanche. District Judge Fred Gannett ruled last week that jurors must decide if signs on the run called Prima …
  
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• Overall Insurance Labor Demand Looks Strong: Jobs Board Firm - ThinkAdvisor

  19-04-2017 16:57 via thinkadvisor.com
  
  ThinkAdvisor
  Overall Insurance Labor Demand Looks Strong: Jobs Board Firm
  ThinkAdvisor
  Insurance agents and financial advisors may feel crushing pressure from changes in compensation models and insurance companies' strategy. Especially in the individual health insurance market, agents have been having a hard time persuading insurers to ...
  
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• Calexit Supporters End 2018 Bid for California Independence

  19-04-2017 16:55
  
  Supporters of a long-shot bid to make California an independent nation have ended their effort to put it to a statewide vote next year, despite the extra interest it drew after last year’s election of Republican Donald Trump as president. …
  
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• California Awards Contractor $275M Contract to Fix Troubled Dam

  19-04-2017 16:48
  
  California water officials say they have awarded a contract to repair Oroville Dam’s two damaged spillways to a Nebraska construction company. The Department of Water Resources announced that Kiewit Corp. of Omaha was awarded a $275 million contract to repair …
  
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• Reports Describe How Pennsylvania Firefighter Died, Oxygen Hose Burned

  19-04-2017 16:20
  
  Investigators say a Philadelphia, Penn., firefighter died because a hose supplying her with oxygen had burned through and they found problems with how her colleagues responded to her seven emergency distress signals. The fire department and the National Institute for …
  
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• Total Cost of Risk Drops for 3d Year: RIMS Benchmark

  19-04-2017 16:15
  
  Despite rising uncertainty and increasingly more complex risk profiles, businesses saw a decline in the total cost of risk (TCOR) for the third year in a row, according to the 2017 RIMS Benchmark Survey. The Benchmark Survey, produced with Advisen, defines TCOR …
  
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• Allianz Expands North American Crisis Management Team

  19-04-2017 15:54
  
  Specialist corporate insurer Allianz Global Corporate & Specialty (AGCS) announced several personnel appointments to its North American Crisis Management Team. Alex Pittignano has been named executive underwriter, and both Randy Esposito and Jillian Shelby have joined as underwriting specialists.  All will report to Marcos Garcia …
  
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• Maryland Insurance Commissioner Named to Board of Directors of the NIPR

  19-04-2017 15:25
  
  The National Association of Insurance Commissioners (NAIC) announced that its Executive Committee recently selected Maryland Insurance Commissioner, Al Redmer, Jr., as a board member for its non-profit affiliate, the National Insurance Producer Registry (NIPR). The NAIC is the U.S. standard-setting …
  
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• Swiss Re's Digital Transformation Focuses On Insurance Clients, End-Customers And Employees - Forbes

  19-04-2017 15:24 via forbes.com
  
  Forbes
  Swiss Re's Digital Transformation Focuses On Insurance Clients, End-Customers And Employees
  Forbes
  Since its founding in 1863, Zurich-based Swiss Re has seen many changes to its business and the world at large. Today's turbulent business environment, however, is forcing to change faster and more comprehensively than any other time in its history.and more »
  
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• Connecticut’s Business Risk Partners Hires Stein and Rathore

  19-04-2017 15:18
  
  Specialty underwriter and program administrator Business Risk Partners (BRP), headquartered in Windsor, Conn., has added two new members to its Professional Liability (E&O) and Operations team. Jennifer Stein was named professional liability underwriter for the firm’s insurance agents and brokers …
  
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• New Jersey's World Insurance Associates Merges with Mark Lauria Associates - Insurance Journal

  19-04-2017 15:15 via insurancejournal.com
  
  New Jersey's World Insurance Associates Merges with Mark Lauria Associates
  Insurance Journal
  World Insurance Associates LLC, an independent insurance agency headquartered in Tinton Falls, N.J., has merged with Mark Lauria Associates Inc., an independent insurance agency with offices in Staten Island, N.Y. and Red Bank, N.J. The transaction ...and more »
  
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• Insured Damage for Southern Ontario Windstorm Estimated at US$73.4M

  19-04-2017 15:03
  
  A windstorm that hit parts of southern Ontario on March 8, 2017 has caused almost C$100 million (US$73.4 million) in insured damage, according to the Insurance Bureau of Canada (IBC), which quoted a report from Catastrophe Indices and Quantification Inc. (CatIQ). …
  
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• New Jersey’s World Insurance Associates Merges with Mark Lauria Associates

  19-04-2017 14:55
  
  World Insurance Associates LLC, an independent insurance agency headquartered in Tinton Falls, N.J., has merged with Mark Lauria Associates Inc., an independent insurance agency with offices in Staten Island, N.Y. and Red Bank, N.J. The transaction went into effect April …
  
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• Insurers Push to Keep Industry Expert Woodall on U.S. Regulatory Council

  19-04-2017 13:14
  
  With no sign of a replacement in the works, the U.S. insurance industry is pushing to prevent the departure of a key figure on the federal body that determines how large insurance companies are regulated. Roy Woodall, the sole independent voting member …
  
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• Credit Card Car Rental Insurance Doesn't Cover as Much as You Think - Lifehacker Australia

  19-04-2017 13:04 via twocents.lifehacker.com
  
  Lifehacker Australia
  Credit Card Car Rental Insurance Doesn't Cover as Much as You Think
  Lifehacker Australia
  Some credit cards come with interesting perks—free car rental insurance, for example. As long as you use that card to pay for the rental, you're covered. However, that insurance might not cover as much as you think. Advertisement. As Travel + Leisure ...
  
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• Does Homeowners Insurance Cover Termite Damage? The Answer Might Bug You - Realtor.com News

  19-04-2017 12:46 via realtor.com
  
  Realtor.com News
  Does Homeowners Insurance Cover Termite Damage? The Answer Might Bug You
  Realtor.com News
  Termites eat 24/7, and if they're in your walls or foundation, your home is basically the insects' all-you-can-eat buffet. Of course, there's no such thing as a free lunch—that banquet comes at a major cost to homeowners. According to the entomology ...and more »
  
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