Insurance news

• Driver Slams Into Insurance Office in Miramar - NBC 7 San Diego

  12-05-2017 23:45 via nbcsandiego.com
  
  NBC 7 San Diego
  Driver Slams Into Insurance Office in Miramar
  NBC 7 San Diego
  A driver of an SUV who accidentally stepped on the gas pedal instead of the brake slammed into a State Farm Insurance office in Miramar Friday. No one was hurt, but the crash left behind a big mess for the business. (Published 4 hours ago). A young man ...
  
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• Help available for Insurance Marketplace - Coos Bay World

  12-05-2017 21:14 via theworldlink.com
  
  Coos Bay World
  Help available for Insurance Marketplace
  Coos Bay World
  BANDON — Free health insurance enrollment assistance will continue for another year at Coast Community Health Center in Bandon and in Port Orford. Enrollment in Oregon Health Plan and Qualified Health Plans through the Insurance Marketplace is ...
  
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• Will Lake Ontario flood damage be covered by homeowners' insurance policies? - NewYorkUpstate.com

  12-05-2017 20:39 via newyorkupstate.com
  
  NewYorkUpstate.com
  Will Lake Ontario flood damage be covered by homeowners' insurance policies?
  NewYorkUpstate.com
  Will homeowner's insurance policies protect those homes and property ravaged by rising waters on the south shore of Lake Ontario and the upper St. Lawrence River in recent weeks? "It's important for people to understand that most homeowners' policies ...
  State deploys mobile command center to Ogdensburg to address insurance issues from flood damageNorth Country Nowall 4 news a
  
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• Insurance coverage from tree damage - WXII The Triad

  12-05-2017 19:52 via wxii12.com
  
  Insurance coverage from tree damage
  WXII The Triad
  Attorney Carl Parrish suggest you look at your insurance policy to see if you are properly covered for tree damages. Advertisement. WEBVTT BRIANA: RECENT STORMS HAVECAUSED A LOT OF DAMAGE AROUNDTHE STATES.THE QUESTION IS WHO ...and more »
  
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• Tennessee's insurance chief seeks elusive answers in Washington - The Tennessean

  12-05-2017 19:12 via tennessean.com
  
  The Tennessean
  Tennessee's insurance chief seeks elusive answers in Washington
  The Tennessean
  Tennessee's top health insurance official is expressing frustration over what she describes as a lack of answers from Washington and the Trump administration, as the state braces for a new round of insurance rate filings. The future of a type of health ...
  
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• Attorney Challenges Tilly’s Appointment to Oklahoma Workers’ Comp Commission

  12-05-2017 18:52
  
  Governor Mary Fallin recently named Assistant Attorney General Megan Tilly to serve on the Oklahoma Workers’ Compensation Commission, and now a workers’ comp attorney is challenging that appointment. Tilly, of Oklahoma City, was appointed to a six-year term that expires …
  
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• Update: Ransomware Hack of UK Hospitals Part of Global Cyber Attack

  12-05-2017 18:40
  
  Extortionist hackers who may be using leaked computer exploits from the U.S. National Security Agency infiltrated computers in dozens of countries in a fast-spreading attack that forced British hospitals to turn away patients and breached systems at Spain’s Telefonica SA …
  
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• U.K. Hospitals Turn Away Patients After Major Cyber Attack

  12-05-2017 18:40
  
  British hospitals urged people with non-emergency conditions to stay away after a cyber attack affected large parts of the country’s National Health Service. Sixteen NHS organizations were hit in the U.K. on Friday, while a large number of Spanish companies …
  
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• Illinois’ Árachas Group Joins Keystone Insurers Group

  12-05-2017 18:40
  
  Árachas Group of Bartlett, Illinois, created by the merger of two local insurance agencies, has joined Keystone Insurers Group, becoming the network’s 18th partner in the state. Sullivan & Associates, led by William Sullivan, and Bartlett Insurance Group, led by …
  
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• California Court Denies Review of Insurer Challenge to Commissioner’s Advertising Decision

  12-05-2017 18:39
  
  The California Supreme Court this week rejected a petition for review by Mercury Insurance and a coalition of insurance industry groups in a case that pitted them against California Insurance Commissioner Dave Jones. The California Department of Insurance hailed the …
  
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• Higginbotham Acquires Part of Hilb Group of Texas

  12-05-2017 18:33
  
  Fort Worth, Texas-based insurance agency, Higginbotham, has purchased a portion of the Hilb Group of Texas LLC’s operations in San Antonio. The transaction adds eight insurance and customer service professionals with a book of commercial and personal property/casualty insurance and …
  
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• Texas Public Safety Agencies Embracing Drone Use

  12-05-2017 18:28
  
  Government use of aerial drones became much easier when the Federal Aviation Administration flipped the switch on new regulations last year. The Austin American-Statesman reports since then, a number of Austin-area public safety agencies, including the Williamson County sheriff’s office …
  
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• Wisconsin Under State of Emergency for Wildfire Danger

  12-05-2017 18:24
  
  Wisconsin Gov. Scott Walker has declared a state of emergency as the state faces heightened wildfire conditions. Walker issued an executive order directing all state agencies to assist with potential wildfire response and recovery efforts. The order also directs the …
  
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• Chicago Transit Authority Settles with Bus Accident Victim for $6M

  12-05-2017 18:23
  
  The Chicago Transit Authority has reached a $6 million settlement with a woman whose feet were run over by one of its buses. CTA general counsel Karen Seimetz on May 10 told the transit agency’s board that Amy Koplin had …
  
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• Did an insurance broker have a duty to advise higher flood limits?

  12-05-2017 17:55
  
  Does an insurance broker with a long-term client have a 'special relationship' requiring the broker to advise the client to seek higher insurance limits? Here's what a N.J. appellate court said.
  
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• AIG ranks financial services as most vulnerable to mega-cyberattack

  12-05-2017 17:11
  
  The survey of cybersecurity and risk experts found that a systemic attack on 5-10 companies simultaneously is highly likely this year.
  
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• Allianz Names Thomas West Zone Programs Team Leader

  12-05-2017 17:10
  
  Allianz Group’s specialist corporate insurer Allianz Global Corporate & Specialty has promoted Tobel Thomas to West zone programs team leader. Thomas will be based in San Francisco and will be responsible for developing and implementing growth strategies. He will also …
  
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• Washington City Mulling Suits Against Opioid Makers in Homelessness Fight

  12-05-2017 16:49
  
  The city of Tacoma, Wash. is considering suing the manufacturers of opioids such as OxyContin in its fight against homelessness. Mayor Marilyn Strickland said at this week’s City Council meeting that the city is looking at possible litigation to hold …
  
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• National Transportation Safety Board Joins Inquiry into Colorado Gas Explosion

  12-05-2017 16:46
  
  The National Transportation Safety Board has joined the investigation into a fatal Colorado house explosion blamed on unrefined natural gas flowing from a severed pipeline. The Longmont Times-Call reported the agency got involved because pipelines are considered transportation and because …
  
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• Washington Tunnel Collapse Renews Safety Concerns over Nuclear Site

  12-05-2017 16:43
  
  Thousands of workers at the Hanford Nuclear Reservation were told to stay home as efforts began to plug a hole that developed in the partial collapse of a tunnel containing dangerous radioactive waste from the building of nuclear bomb materials. …
  
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• Citizens Insurance CEO helped his boss sell his business, then got $100000 in raises - Tampabay.com

  12-05-2017 16:10 via tampabay.com
  
  Tampabay.com
  Citizens Insurance CEO helped his boss sell his business, then got $100000 in raises
  Tampabay.com
  TALLAHASSEE — The chief executive of Citizens Property Insurance Corp. assisted the chairman of Citizens' board in selling his company at a time when that board member was granting raises to the CEO.
  
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• Californians eligible for refunds from State Farm - KRON4.com

  12-05-2017 15:27 via kron4.com
  
  KRON4.com
  Californians eligible for refunds from State Farm
  KRON4.com
  BCN — California consumers with homeowners' and renters' policies will receive $13.3 million in refunds from State Farm Insurance Co. in compliance with an order from the state insurance commissioner. About 250,000 Californians will receive a refund ...and more »
  
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• Medical Professional Insurance Market in Good Health for Now: A.M. Best

  12-05-2017 15:25
  
  The U.S. medical professional liability (MPL) insurance sector is stable, with strong capitalization and profitable, albeit declining, operating performance, plus the prospect of positive earnings in the medium term, according to an assessment by A.M. Best. In addition, stable claims frequency …
  
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• U.S. Judge Set to Approve Another VW Diesel Settlement of $1.2 Billion

  12-05-2017 14:55
  
  A U.S. judge said he intends to give final approval to Volkswagen AG’s $1.225 billion settlement with regulators and about 78,000 drivers of premium Audis, VWs and Porsches over the company’s diesel cheating-scandal. All told, VW is committed to spending upwards …
  
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• How One Startup Built Better Health Insurance With the Magic of ... - WIRED

  12-05-2017 14:37 via wired.com
  
  WIRED
  How One Startup Built Better Health Insurance With the Magic of ...
  WIRED
  For 12.2 million Americans, signing up for health insurance in 2017 was a leap of faith: that Obamacare would make it through the year, that the health ...and more »
  
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• How One Startup Built Better Health Insurance With the Magic of Data - WIRED

  12-05-2017 14:37 via wired.com
  WIRED
  How One Startup Built Better Health Insurance With the Magic of Data
  WIRED
  For 12.2 million Americans, signing up for health insurance in 2017 was a leap of faith: that Obamacare would make it through the year, that the health exchanges wouldn't collapse, that premiums wouldn't put their families on the street. For the 54,000 ...and more »
  
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• NEW: A guide to help you navigate hurricane insurance marketplace - Palm Beach Post

  12-05-2017 14:02 via palmbeachpost.com
  
  Palm Beach Post
  NEW: A guide to help you navigate hurricane insurance marketplace
  Palm Beach Post
  A potentially darker 2017 hurricane outlook hangs on a “knife's edge” of pending weather factors, one forecaster says, but South Florida home owners are already doused with rising insurance rates and a wave of mergers and capital infusions to prop up ...
  
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• CAR QUESTIONS: Auto insurance resources | WGME - WGME

  12-05-2017 13:01 via wgme.com
  WGME
  CAR QUESTIONS: Auto insurance resources | WGME
  WGME
  AUGUSTA (WGME) -- This week CBS 13 and FOX 23 present: Car Questions. We're tackling five topics – one a day – to help you prepare for car buying season, ...and more »
  
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• Three more automakers recommend diagnostic scanning

  12-05-2017 13:00
  
  Automakers continue to take positions on the role of scans after a collision.
  
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• Boys Charged in New Jersey Playground Fire that Caused $80K in Damage

  12-05-2017 12:45
  
  Police have arrested two boys in connection with a fire that caused $80,000 worth of damage to a playground in New Jersey. Linden police say the 13-year-old and the 11-year-old were taken into custody late Sunday after neighbors identified them …
  
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• Kinion to Continue as Delaware Captive Insurance Bureau Director - Insurance Journal

  12-05-2017 12:41 via insurancejournal.com
  
  Kinion to Continue as Delaware Captive Insurance Bureau Director
  Insurance Journal
  Delaware Insurance Commissioner Trinidad Navarro announced at The Delaware Captive Insurance Association's (DCIA) Spring Forum that Steve Kinion will continue his leadership as Captive Bureau Director for another year. The announcement comes ...
  
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• Kinion to Continue as Delaware Captive Insurance Bureau Director

  12-05-2017 12:38
  
  Delaware Insurance Commissioner Trinidad Navarro announced at The Delaware Captive Insurance Association’s (DCIA) Spring Forum that Steve Kinion will continue his leadership as Captive Bureau Director for another year. The announcement comes after Kinion’s contract expired on April 1 of …
  
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• Why most insurance agencies are stuck

  12-05-2017 12:30
  
  When you lose innovation and take things for granted, you become complacent. Complacency gets you stuck.
  
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• Allianz Q1 Profit Boosted by Strongest PIMCO Inflows in 4 Years

  12-05-2017 12:13
  
  Pacific Investment Management Co., the bond manager owned by German insurer Allianz SE, saw its biggest third-party inflows in four years in the first quarter as clients flocked to Chief Investment Officer Dan Ivascyn’s PIMCO Income Fund. The firm, based in …
  
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• Grudge match: State treasurer vs. insurance firms - Chicago Tribune

  12-05-2017 12:00 via chicagotribune.com
  
  Chicago Tribune
  Grudge match: State treasurer vs. insurance firms
  Chicago Tribune
  Illinois Treasurer Michael Frerichs, seen here in 2014, supports legislation that would require life insurance companies to review records dating to 1996 and ensuring that death benefits have been paid to beneficiaries. (Nancy Stone / Chicago Tribune).and more »
  
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• VW Emissions Probe Results Not Published to Protect Firm from ‘Legal Risks’

  12-05-2017 11:37
  
  Volkswagen’s board chairman has defended the decision not to publish results of the investigation it commissioned into its scandal over cars rigged to cheat on diesel emissions tests, saying it could expose the company to legal risks. Hans Dieter Poetsch told shareholders …
  
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• Teach insurance literacy

  12-05-2017 11:30
  
  Many Americans reach adulthood with only a hazy idea what insurance is, how it's supposed to work, how it's regulated or what insurance agents and brokers are.
  
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• TMK Offers Construction Insurance in UK, Ireland via Online Broker Portal

  12-05-2017 11:18
  
  Tokio Marine Kiln (TMK), the international specialist insurance business, has added construction to its One TMK broker portal. The tailor-made construction insurance product is underwritten through a fully automated process, TMK said, noting the platform provides an efficient way for …
  
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• Russia-Backed Hackers Suspected in Cyber Attacks of Baltic Energy Networks

  12-05-2017 10:41
  
  Suspected Russia-backed hackers have launched exploratory cyber attacks against the energy networks of the Baltic states, sources said, raising security concerns inside the West’s main military alliance, NATO. Lithuania, Latvia and Estonia, all members of NATO and the European Union, are on …
  
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• Bermuda Re/Insurers Hit by Ogden Rate Change, Higher Nat Cats: S&P

  12-05-2017 10:10
  
  A big change Ogden rate and higher natural catastrophe losses are dampening a wide range of Bermuda-based insurer and reinsurer results in the 2017 first quarter, Standard & Poor’s said in a new report. “Unfavorable reserve developments in UK auto …
  
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• Validus Names Driscoll as President; Keeps Role as Validus Re’s CEO

  12-05-2017 09:44
  
  Bermuda-based Validus Holdings Ltd. announced that Kean Driscoll has been named president of the group, effective immediately. Driscoll will continue to serve as chief executive officer of Validus Reinsurance Ltd., a position he has held since 2012. Driscoll was a …
  
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• Uber Faces Biggest Challenge to European Plans in Region’s Top Court

  12-05-2017 09:02
  
  Uber faces the biggest challenge yet to its European roll-out after the region’s top court was advised to rule that the U.S. ride-hailing firm is actually a transport service not an app. Although the opinion of the Court of Justice …
  
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• Does Donald Trump Know the Difference Between Health Insurance and Life Insurance? - Mother Jones

  12-05-2017 07:25 via motherjones.com
  
  Does Donald Trump Know the Difference Between Health Insurance and Life Insurance?
  Mother Jones
  I say this with no snark whatsoever: can someone tell me WTF Donald Trump is talking about here? You're going to have absolute guaranteed coverage. You're going to have it if you're a person going in...don't forget, this was not supposed to be the way ...
  
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• NY Appeals Court OK’s Permanent License Suspension of Repeat Drunk Drivers

  12-05-2017 07:22
  
  New York’s Court of Appeals has upheld a state law that allows for permanent suspension of drivers licenses for repeat drunk drivers. A unanimous opinion from five of the state’s highest court judges Tuesday affirmed that the Department of Motor …
  
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• Ex-Coal CEO Blankenship Ends Prison Term

  12-05-2017 07:04
  
  Former coal executive Don Blankenship jumped back on Twitter on Wednesday, renewing his feud with U.S. Sen. Joe Manchin of West Virginia on the day Blankenship was to finish a one-year prison sentence arising from the deadliest U.S. mine explosion …
  
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• No Lawyers in Baseball Means Dozens of Fan Injuries: Nocera

  12-05-2017 07:00
  
  We live in a society that is both risk-averse and litigation-mad. Not surprisingly, these two things go hand in hand. After a handful of crashes involving Toyota Motor Corp. automobiles, said to be the result of sudden acceleration, the company …
  
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• No Lawyers in Baseball Means Dozens of Fan Injuries: Joe Nocera

  12-05-2017 07:00
  
  We live in a society that is both risk-averse and litigation-mad. Not surprisingly, these two things go hand in hand. After a handful of crashes involving Toyota Motor Corp. automobiles, said to be the result of sudden acceleration, the company …
  
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• Judge’s Denial of Anthem Injunction Effectively Kills Cigna Merger

  12-05-2017 07:00
  
  A judge effectively killed off any practical chance of Anthem Inc merging with Cigna Corp on Thursday as he declined to order Cigna not to terminate the deal. Judge Travis Laster of Delaware’s Court of Chancery denied Anthem’s request for …
  
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• How ‘Exposure Data Tracking’ Is Taking Over Personal Lines Insurance

  12-05-2017 07:00
  
  Today’s insurers want to be there for their customers—literally. With sensors of various kinds in policyholders’ cars, homes and personal devices, “exposure data tracking” is rapidly becoming a competitive imperative in personal lines underwriting and rating. That was the message …
  
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• Experts Expect Simultaneous Cyber Attacks on Multiple Firms: Survey

  12-05-2017 07:00
  
  Nine in 10 global cyber security and risk experts believe that cyber risk is systemic and that simultaneous attacks on multiple companies are likely in 2017, according to a study by American International Group. More than half of survey respondents …
  
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