Insurance news

• Chubb’s Schellinkhout Joins Woodruff-Sawyer in Pacific Northwest

  28-04-2017 21:52
  
  Woodruff-Sawyer & Co. has named Melissa Schellinkhout has vice president and Northwest practice director. Schellinkhout will be responsible for oversight of property/casualty operations in the Pacific Northwest, including the firm’s Portland, Ore. and Seattle, Wash. offices. She will also manage …
  
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• Due to fire threat, insurance costs Lehigh Acres homeowners - The News-Press

  28-04-2017 21:48 via news-press.com
  
  The News-Press
  Due to fire threat, insurance costs Lehigh Acres homeowners
  The News-Press
  Joe Romero no longer has a home. Quoted a price of more than $6,000 for a six-month homeowner's insurance premium, Romero said he simply couldn't afford it. Romero, who carried no mortgage on the two-story Lehigh Acres home he bought for $33,500 ...and more »
  
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• News10NBC Investigates: How did insurance deny this family's claim? - News 10NBC

  28-04-2017 21:36 via whec.com
  
  News 10NBC
  News10NBC Investigates: How did insurance deny this family's claim?
  News 10NBC
  Just look at the damage to this family's home in Chili. A portion of their basement wall collapsed; a landslide of cinder blocks and mud poured into their basement. "I opened up the cellar door and I said, 'Oh my God!'" Matthew Visbaras told us ...
  
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• Gallagher acquires Oklahoma insurance broker - Business Insurance

  28-04-2017 21:04 via businessinsurance.com
  
  Business Insurance
  Gallagher acquires Oklahoma insurance broker
  Business Insurance
  Commercial Insurance Brokers is a group of insurance producers and service personnel that offer property/casualty products and services to energy, construction, financial services, manufacturing, transportation, professional services, nonprofit, and ...
  SEC FORM 4SECall 69 news articles »
  
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• Panel: Autonomous cars will change insurance sooner, not later - The Gazette: Eastern Iowa Breaking News and Headlines

  28-04-2017 19:29 via thegazette.com
  
  The Gazette: Eastern Iowa Breaking News and Headlines
  Panel: Autonomous cars will change insurance sooner, not later
  The Gazette: Eastern Iowa Breaking News and Headlines
  Daniel McGehee, director of the National Advanced Driving Simulator at the University of Iowa, waits to give test rides in the simulator's Volvo XC90 at Water Works Park in Des Moines Thursday, April 27, 2017. (Matthew Patane/The Gazette). Daniel ...
  
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• Judge: Exxon Must Pay $20M for Emissions from Texas Plant

  28-04-2017 18:56
  
  A judge has ordered Exxon Mobil to pay a penalty of nearly $20 million for releasing 10 million pounds of pollutants into the air over the course of eight years from a complex it operates east of Houston. U.S. District …
  
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• Dodge City Community College Wins Kansas Don’t Text #Just Drive Contest

  28-04-2017 18:53
  
  Dodge City Community College (DCCC) received the most votes by percentage of students enrolled to win the Kansas community college “Don’t Text #Just Drive” spring contest March 15-April 16, sponsored in part by the state insurance department. The Kansas Insurance …
  
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• Ex-Fire Academy Manager Pleads Guilty in Iowa Test Scandal

  28-04-2017 18:50
  
  A former Iowa fire academy administrator has pleaded guilty to falsifying test scores that were used to improperly certify thousands of firefighters. Former Fire Services Training Bureau certification manager John McPhee pleaded guilty to felony misconduct in office. Judge James …
  
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• Storm Damage Assessors Rely on Waffle House’s 24-Hour Service Policy

  28-04-2017 18:48
  
  The emphasis on 24-hour service at Waffle House — hurricane or shine — has earned the company a reputation among professional emergency managers, who make rough estimates of storm damage by looking to the local eatery. There’s even a “Waffle House …
  
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• Oklahoma House OKs Bill Allowing Insurance Sales Across State Lines - Insurance Journal

  28-04-2017 18:26 via insurancejournal.com
  
  kfor.com
  Oklahoma House OKs Bill Allowing Insurance Sales Across State Lines
  Insurance Journal
  A bill that will allow individuals to purchase health insurance from any state participating in a yet-to-be-determined compact has passed Oklahoma House of Representatives by a vote of 80-0. Senate Bill 478, by state Rep. Lewis Moore and Bill Brown of ...
  Bill to allow Oklahomans to shop across state lines for health insurance passes Housekfor.comall 119 news articles »
  
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• Oklahoma House OKs Bill Allowing Insurance Sales Across State Lines

  28-04-2017 18:26
  
  A bill that will allow individuals to purchase health insurance from any state participating in a yet-to-be-determined compact has passed Oklahoma House of Representatives by a vote of 80-0. Senate Bill 478, by state Rep. Lewis Moore and Bill Brown of …
  
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• Bill to allow Oklahomans to shop across state lines for health insurance passes House - kfor.com

  28-04-2017 18:23 via kfor.com
  
  kfor.com
  Bill to allow Oklahomans to shop across state lines for health insurance passes House
  kfor.com
  OKLAHOMA CITY – Oklahomans across the state may soon have additional options when it comes to healthcare. For several years, the state of Oklahoma has watched carriers like UnitedHealthcare, Humana and Aetna pull out of the Affordable Care Act ...
  Oklahoma House OKs Bill Allowing Insurance Sales Across State LinesInsurance Journalall 13 news articles »
  
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• Texas Workers’ Comp Nonsubscriber Reports Due April 30

  28-04-2017 18:22
  
  Texas employers that do not provide workers’ compensation insurance must submit two types of forms to the Division of Workers’ Compensation (DWC). DWC is offering a temporary grace period for employers that have not previously filed these reports — allowing them …
  
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• Michigan’s Meiers Lombardini Lemanski Agency Joins Keystone Insurers Group

  28-04-2017 18:20
  
  The Meiers Lombardini Lemanski Agency of East Lansing, Michigan, has joined Keystone Insurers Group. The agency becomes Keystone’s seventh partner in the state. The agency, which was established in 1976, is co-owned by Will Lemanski and Lisa Lemanski. Will Lemanski …
  
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• Texas Mutual Names Bentley VP — Marketing, Customer Engagement

  28-04-2017 18:18
  
  Workers’ compensation insurer, Texas Mutual Insurance Co., has named Jeremiah Bentley as vice president of marketing and customer engagement. Bentley will oversee the company’s advertising and public relations efforts, community affairs program, online and social media efforts and customer engagement …
  
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• Appeals court upholds rejection of insurance mega-merger - Washington Examiner

  28-04-2017 18:02 via washingtonexaminer.com
  
  Washington Examiner
  Appeals court upholds rejection of insurance mega-merger
  Washington Examiner
  Anthem doesn't seem to be hurting from the likely collapse of a deal. The insurer reported that its first-quarter revenue climbed by 10 percent to $22 billion. (AP Photo/Darron Cummings, File). A federal appeals court on Friday upheld a lower court's ...
  Federal court blocks $48 billion Anthem-Cigna health insurance mergerSyracuse.comall 35 news articles »
  
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• Unions Remind U.S.: 150 Workers Die Every Day from Job Injuries, Illnesses

  28-04-2017 17:43
  
  In 2015, 150 workers died from preventable work-related injuries and illnesses every day in the United States, on average, according to a report, Death on the Job: The Toll of Neglect, released by the AFL-CIO. The union said 4,836 workers …
  
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• Munich Re’s Primary Carrier, ERGO, Explores China Digital Business

  28-04-2017 17:28
  
  ERGO, Munich Re’s troubled primary insurance company, is making a digital push in the massive Chinese market. Mark Klein, ERGO’s chief digital officer, recently visited China to explore how the insurer can partner on data with Chinese companies, such as the …
  
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• Oregon Judge Dismisses $4M Suit in Family Drowning

  28-04-2017 17:03
  
  A judge has dismissed a $4 million lawsuit filed by a relative of four people who drowned in a northwest Oregon lake in 2014. The Oregonian/OregonLive reported Judge Andrew Erwin dismissed the suit after Washington County argued it was entitled …
  
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• Asbestos Removal At Nevada Site to Cost $53K

  28-04-2017 16:59
  
  A small city in northern Nevada is moving forward with the demolition of its old police station. The Elko Daily Free Press reported the Elko City Council is considering awarding a $53,000 bid to a company to remove asbestos from …
  
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• Colorado Petroleum Wells Shut Down After Home Explosion

  28-04-2017 16:57
  
  More than 3,000 petroleum wells are being shut down in Colorado as a precaution after a house explosion killed two people, an oil and gas company said. Anadarko Energy said it operated a well about 200 feet (60 meters) from …
  
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• Workers Injured at Facebook Construction Site in California

  28-04-2017 16:54
  
  Authorities say work has halted at a Facebook building under construction after an equipment failure caused part of the structure to collapse, injuring two workers. KNTV reported two construction workers were injured after they fell about 40 feet while assembling …
  
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• The Hartford Reports Improved Q1 Results

  28-04-2017 16:01
  
  The Hartford reported first quarter 2017 net income and core earnings of $378 million compared with net income of $323 million and core earnings of $385 million in first quarter 2016. Net income rose 17 percent to $378 million due …
  
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• Insurance companies are freaking out about Trump's Obamacare threats - Business Insider

  28-04-2017 15:28 via businessinsider.com
  
  Business Insider
  Insurance companies are freaking out about Trump's Obamacare threats
  Business Insider
  Trump, in interviews and tweets in recent days, has raised doubts about whether the White House will continue to fund the Affordable Care Act's so-called cost-sharing reduction (CSR) payments. CSR payments are provided to insurers to defray the cost of ...
  An Insurance CEO Explains The Dangerous Game Trump Is Playing With ObamacareHuffington Post
  Obamacare 101 — What's the big debat
  
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• Keys to adulthood: Arizona bill would let foster kids buy car insurance - AZCentral.com

  28-04-2017 15:06 via azcentral.com
  
  AZCentral.com
  Keys to adulthood: Arizona bill would let foster kids buy car insurance
  AZCentral.com
  The Republic's political team on April 25, 2017, talks about the latest political news affecting Arizona, including the protests surrounding the future of school vouchers and Rep. Kyrsten Sinema's donation controversy. 1 of 11. CLOSE. Skip in Skip. x ...and more »
  
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• London Market Group Re-Appoints Aubert as Chairman

  28-04-2017 14:21
  
  The London Market Group (LMG) announced the re-appointment of Nicolas Aubert, head of Great Britain for Willis Towers Watson, as its chair. The last 12 months has seen progress across all LMG’s workstreams, including market modernization work, including the launch …
  
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• MetLife CEO Says Businesses Must Give Up Tax Breaks for Lower Tax Rate

  28-04-2017 14:05
  
  MetLife Inc. Chief Executive Officer Steve Kandarian said industries must be willing to forfeit some of their advantages in the tax code in order for the U.S. to seize a “once-in-a-generation” opportunity to lower corporate rates and simplify the process. …
  
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• What You Need to Know About 3-D Printing and Insurance - IndustryWeek

  28-04-2017 13:43 via industryweek.com
  
  IndustryWeek
  What You Need to Know About 3-D Printing and Insurance
  IndustryWeek
  Commercial general liability insurance is normally enough to protect companies against liability for an injury or damage to persons or property of third parties, but there may be tech exclusions, including for cyber-related losses in the event that an ...
  
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• Disruptive Tech Dominates 2nd Annual Efma-Accenture Innovation Awards

  28-04-2017 13:43
  
  Emerging technologies such as artificial intelligence, the internet of things (IoT) and blockchain were prominently featured among the winners of the second annual Efma-Accenture Innovation in Insurance awards. Aimed at showcasing the best examples of insurance technology innovations in multiple categories, …
  
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• Republicans Not Ready to Vote on Obamacare Replacement Bill

  28-04-2017 12:43
  
  House GOP leaders aren’t ready to hold a vote this week on their stalled healthcare bill, despite intense pressure from the White House to deliver on a long-promised repeal of Obamacare. “We’ve been making great progress, and when we have …
  
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• 5 rules of insurance bad faith, according to the Texas Supreme Court

  28-04-2017 12:30
  
  The Texas Supreme Court has issued a decision setting forth five rules about statutory bad faith under the state’s Insurance Code.
  
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• 5 common CRM fails — and how to avoid them

  28-04-2017 12:15
  
  While there may be other CRM implementation fails, these five are the ones that can have the biggest impact on your customer and employee experience.
  
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• Canada’s Desjardins Aims to Buy P/C Insurers: CEO Cormier

  28-04-2017 12:14
  
  Desjardins Group is looking to acquire insurers, wealth managers and payments firms to expand further outside Quebec and challenge the dominance of Canada’s big financial services firms, Chief Executive Officer Guy Cormier said. Cormier, who oversees North America’s largest financial co-operative, …
  
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• Why workers' compensation treatment guidelines matter

  28-04-2017 12:00
  
  Not all workers' compensation medical treatment guidelines are created equal.
  
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• Taking your claims litigation program from good to great — Part 4

  28-04-2017 12:00
  
  5 reports that are a must-read for insurers.
  
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• Kenya’s CIC Expects Uganda, Malawi Units to Break Even in 2 Years

  28-04-2017 12:00
  
  Kenyan insurer CIC Group expects its Uganda and Malawi businesses to break even in the next two years, its chief executive officer said on Thursday. The East African nation has a low rate of insurance penetration, with less than 10 percent of …
  
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• Zurich Makes a Difference in the Lives of Philadelphia Families

  28-04-2017 11:56
  
  Zurich North America, a provider of property and casualty insurance and a company dedicated to improving the lives of children and families, has made a $10,000 donation to the Philadelphia Ronald McDonald House. Paul Horgan, head of North America Commercial …
  
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• New York’s Brady Risk Management Names Harris to Brady Risk Program Managers

  28-04-2017 11:49
  
  John Harris has joined Sean Brady and Huntington, New York-based Brady Risk Management as managing director of the newly formed Brady Risk Program Managers. Harris has served as the chief underwriting officer for a number of national insurance companies and is an …
  
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• Chubb’s Oldest Active Subsidiary Receives Pennsylvania Historical Marker

  28-04-2017 11:45
  
  Chubb, in collaboration with the Pennsylvania Historical and Museum Commission (PHMC), has dedicated a Pennsylvania historical marker to the Insurance Company of North America (INA), Chubb’s oldest subsidiary company. The marker was unveiled during a ceremony at Chubb’s office in Philadelphia, Penn., and commemorates INA’s 225-year …
  
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• UK Uber Drivers Can Now Buy Injury & Illness Insurance - Insurance Journal

  28-04-2017 11:29 via insurancejournal.com
  
  Business Insider
  UK Uber Drivers Can Now Buy Injury & Illness Insurance
  Insurance Journal
  Uber Technologies Inc. will begin offering U.K. drivers the ability to buy injury and illness insurance, a step to provide a safety net for the independent drivers it has long been criticized for treating poorly. The benefit is a first for Uber, which ...
  Uber launches personal injury and illness insurance in the UK with the IPSETechCrunch
  Uber will offer insurance to UK drivers in case they are injure
  
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• UK Uber Drivers Can Now Buy Injury & Illness Insurance

  28-04-2017 11:29
  
  Uber Technologies Inc. will begin offering U.K. drivers the ability to buy injury and illness insurance, a step to provide a safety net for the independent drivers it has long been criticized for treating poorly. The benefit is a first …
  
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• Munich Re’s New CEO Wenning to Take ‘Hard-Nosed’ Approach

  28-04-2017 11:18
  
  Joachim Wenning admitted he would not be to everyone’s liking long before taking the helm of Germany’s Munich Re. That hard-nosed approach could prove valuable as the 52-year-old tackles falling profits, disgruntled investors and headwinds beyond his control at the …
  
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• The things people lie about most on their car insurance - MarketWatch

  28-04-2017 11:06 via marketwatch.com
  
  MarketWatch
  The things people lie about most on their car insurance
  MarketWatch
  Fudging information on a car insurance application to get a lower rate might not seem a big deal to you, but it is to car insurance companies. Lies and honest mistakes by customers and insurance agents cost car insurers an estimated $29 billion in 2016 ...
  
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• Your auto insurance may pay for someone's $10000 massage therapy - CBS News

  28-04-2017 11:01 via cbsnews.com
  
  CBS News
  Your auto insurance may pay for someone's $10000 massage therapy
  CBS News
  For American motorists, it's the worst scenario to be in -- other than an actual accident. A clunker of a car with a driver and three passengers pulls into your lane right in front of you. Then, suddenly and for no reason, the driver slams on the ...and more »
  
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• Your auto insurance may pay for someone's $10,000 massage ... - CBS News

  28-04-2017 11:01 via cbsnews.com
  
  CBS News
  Your auto insurance may pay for someone's $10,000 massage ...
  CBS News
  Scam artists team up with crooked clinics in using "no-fault" provisions to rip off insurance companies -- and you.and more »
  
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• Compare to find companies offering the cheapest auto insurance - WTOP

  28-04-2017 11:00 via wtop.com
  
  WTOP
  Compare to find companies offering the cheapest auto insurance
  WTOP
  WASHINGTON — You're likely paying too much for auto insurance. according to a consumer group that's done price comparisons of the D.C. area's largest auto insurers. “We found really big differences in price from company to company for each of the ...
  
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• Insurance bids, policies, costs discussed by commissioners - York News-Times

  28-04-2017 10:44 via yorknewstimes.com
  
  Insurance bids, policies, costs discussed by commissioners
  York News-Times
  YORK – This week, the county commissioners discussed at length ideas about how to bring down health insurance costs . . . and threw out ideas about rebidding for brokers and companies, going to a self-insured plan and more. “I put this on the agenda ...and more »
  
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• ICC Forms Risk Purchasing Group Offering Admitted Umbrella Coverage to Restaurants

  28-04-2017 07:17
  
  Innovative Coverage Concepts (ICC) has launched a new commercial umbrella insurance offering that will cover a broad range of restaurant and hospitality risks. The coverage will be available to upscale fine dining and casual dining establishments as well as upscale …
  
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• Senate Bill Would Extend National Flood Insurance Program for 10 Years - Insurance Journal

  28-04-2017 07:08 via insurancejournal.com
  
  Insurance Journal
  Senate Bill Would Extend National Flood Insurance Program for 10 Years
  Insurance Journal
  U.S. Senators Bill Cassidy (R-La.) and Kristen Gillibrand (D-N.Y.) have released draft legislation to reauthorize the National Flood Insurance Program (NFIP) for 10 years. The NFIP is currently set to expire on Sept. 30, 2017. The legislation, the ...
  GAO: Flood Insurance Program Requires Overhaul to Reduce DebtKRGV
  Does Your Home Insurance Cover Flooding? Probably Not!KPVI News 6
  WATER PO
  
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