Insurance news

• Scott Walker: Wisconsin lawmakers shouldn't 'walk away' from projected self-insurance savings - Madison.com

  30-05-2017 23:45
  
  Madison.com
  Scott Walker: Wisconsin lawmakers shouldn't 'walk away' from projected self-insurance savings
  Madison.com
  Wisconsin lawmakers who favor increasing revenue for transportation projects should be willing to consider moving the state to a self-insurance system, Gov. Scott Walker said Tuesday. prev. next. BELOIT — Wisconsin lawmakers who favor increasing ...and more »
  
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• Switching Car Insurance Can Cost You - WFMY News 2

  30-05-2017 23:37
  
  WFMY News 2
  Switching Car Insurance Can Cost You
  WFMY News 2
  Even in car insurance, size matters. It may pay to stick with a big-name insurer rather than go to the smaller, "non-standard" company. For one thing, the big boys may find out about it, and punish you for it. That's the message from a new report by ...
  
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• Willis Programs partners with new carrier for DairyProtector, FeedLotGuard insurance programs

  30-05-2017 23:23
  
  Willis Programs has partnered with Allianz Global Corporate & Specialty to provide insurance solutions for its DairyProtector and FeedLotGuard programs.
  
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• Congressman Crist visits Gulfport, stresses importance of flood insurance before hurricane season - WFLA

  30-05-2017 23:06
  
  WFLA
  Congressman Crist visits Gulfport, stresses importance of flood insurance before hurricane season
  WFLA
  PINELLAS COUNTY, Fla. (WFLA) – With hurricane season around the corner, lawmakers want to reiterate the importance of flood insurance. Congressman Charlie Crist (D) FL, hosted a flood insurance round table discussion Tuesday in Gulfport.
  Crist holds forum to discuss flood insurance worriesWTSP 10 Newsall 2 news articles »
  
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• Insurance coverage proposals sought by Wilkes-Barre - Wilkes Barre Times-Leader

  30-05-2017 23:00
  
  Insurance coverage proposals sought by Wilkes-Barre
  Wilkes Barre Times-Leader
  WILKES-BARRE — The city isn't waiting until the last minute this year to get insurance coverage and is soliciting proposals well in advance of the August deadline. Agencies or firms have until June 19 to respond with proposals for professional service ...and more »
  
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• Ryan doesn't grasp how insurance works - Knoxville News Sentinel

  30-05-2017 22:21
  
  Knoxville News Sentinel
  Ryan doesn't grasp how insurance works
  Knoxville News Sentinel
  Seema Verma, the Trump administration official in charge of Medicaid and Medicare, says the Obamacare insurance exchanges are 'falling apart' and the blame when they do will fall on those backed them in the first place. USA TODAY. frank_cagle_crop.jpg.and more »
  
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• Insurance Accounting Changes May Not Be Needed - Barron's

  30-05-2017 21:03
  
  Barron's
  Insurance Accounting Changes May Not Be Needed
  Barron's
  Modification could only cause increased noise for investors and a cost-benefit analysis does not support implementation. Email; Print; 0 Comments; Order Reprints. Facebook. Share. Twitter. Google+. smaller; Larger. close ...
  
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• Why you probably need renters insurance - Yahoo Finance

  30-05-2017 20:44
  
  Why you probably need renters insurance
  Yahoo Finance
  Welcome to Two Minute Money, Yahoo Finance's new personal finance series offering quick explanations for some of the most important questions involving your money. Did you know that if there's a fire in your apartment or building, your landlord's ...
  
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• DeKalb woman convicted again of murdering husband for life insurance - Atlanta Journal Constitution

  30-05-2017 19:26
  
  Atlanta Journal Constitution
  DeKalb woman convicted again of murdering husband for life insurance
  Atlanta Journal Constitution
  DeKalb County's Pamela Ballin, the 56-year-old whose murder case has drawn national attention, has been convicted again of faking a home invasion and killing her husband. A jury returned the guilty verdicts late Friday, finding she bludgeoned Derrick ...and more »
  
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• 4 innovation gateways for the insurance industry

  30-05-2017 19:20
  
  Think of experimentation as a way to critically evaluate new technology initiatives.
  
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• How Where You Live Could Affect Your Health Insurance Under the GOP Plan - ConsumerReports.org

  30-05-2017 18:58
  HuffPost
  How Where You Live Could Affect Your Health Insurance Under the GOP Plan
  ConsumerReports.org
  The fact that sick people could be charged more for health insurance is one of the provisions of the Republican Party's plan to overhaul the Affordable Care Act that has sparked the most controversy. Now there are numbers that suggest that almost half ...
  This Is How The GOP Health Care Bill Will Affect Insurance Premiums Next YearHuffPost
  The 'junk insurance' coming post-Obamacare could be lik
  
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• No need to reach for glove box for insurance, bill proposes - NOLA.com

  30-05-2017 18:21
  
  NOLA.com
  No need to reach for glove box for insurance, bill proposes
  NOLA.com
  A bill being considered by the Louisiana legislature would require law enforcement officers to check a driver's insurance electronically, before asking the driver to reach into their glove box for insurance information. (File photo) (CHUCK COOK). Print ...and more »
  
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• USI Acquires Employee Benefits Business from Pennsylvania’s The Hartman Group

  30-05-2017 18:19
  
  USI Insurance Services (USI) has acquired Hartman Employee Benefits Inc. (Hartman Employee Benefits) from The Hartman Group. Hartman Employee Benefits and its employees will remain at the current Williamsport and State College, Penn., locations following the transaction. Terms of the …
  
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• Arthur J. Gallagher Acquires Williams-Manny Insurance in Illinois

  30-05-2017 18:18
  
  Arthur J. Gallagher & Co. has acquired Williams-Manny Insurance Group, headquartered in Rockford, Illinois. Terms of the transaction were not disclosed. Founded in Rockford in 1896, Williams-Manny Insurance Group is a retail insurance broker and employee benefits consultant providing a full array of …
  
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• Mathies Joins Fidelis in Houston as Sr. Marine Underwriter

  30-05-2017 18:16
  
  Fidelis Group Holdings LLC (FGH), with its subsidiary Continental Underwriters Ltd., hired Dennis Mathies as a senior marine underwriter based in Houston. Mathies will be responsible for expanding the group’s brown water hull, liabilities and cargo product lines. Mathies has more than …
  
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• NFP Acquires Oklahoma’s Bigbie, Hensley & Janway Insurance

  30-05-2017 18:14
  
  Insurance broker and consultant NFP has acquired Oklahoma City-based Bigbie, Hensley & Janway Insurance Agency Inc.(BHJ). The transaction closed on May 1, 2017. BHJ provides benefits products and services with an emphasis on small group employers and the individual health …
  
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• How Insurance Companies Work - Motley Fool

  30-05-2017 18:09
  
  How Insurance Companies Work
  Motley Fool
  Join us for a primer on how the insurance industry works, how insurers make money, and how to evaluate insurance stocks for potential investment opportunities. Jordan Wathen and Gaby Lapera. (TMFValueMagnet). May 30, 2017 at 12:09PM. It's Insurance ...and more »
  
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• Little Caesars Sued over Michigan Pizza Labeled ‘Halal’

  30-05-2017 18:07
  
  A Muslim man who says Little Caesars served him a pizza with pepperoni made with pork has filed a lawsuit seeking $100 million. The Detroit Free Press reports the lawsuit filed in Wayne County Circuit Court says the pizza sold …
  
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• Louisiana Fake-Crash Scheme Leads to 13 Arrests

  30-05-2017 18:05
  
  Louisiana State Police say 13 people have been arrested in connection with an insurance fraud scheme involving staged automobile crashes. A news release says the May 25 arrests followed an investigation that began with complaints from insurance companies. Investigators say …
  
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• Illinois Senate Passes Bills Requiring Work Comp Pre-Approval, Creating Nonprofit Insurer

  30-05-2017 18:01
  
  The Illinois Senate has passed two workers’ compensation measures — one that would require companies writing workers’ comp insurance to get state approval for the rates they charge, and another that creates a nonprofit company — with government oversight — …
  
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• Supreme Court Limits Where Injury Lawsuits Against Firms Can Be Brought

  30-05-2017 17:34
  
  The U.S. Supreme Court on Tuesday tightened rules on where injury lawsuits may be filed, handing a victory to corporations by undercutting the ability of plaintiffs to bring claims in friendly courts in a case involving Texas-based BNSF Railway Co. …
  
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• Air Support Needed as Crews Battle California Brush Fires

  30-05-2017 17:34
  
  Ground crews getting help from water-dropping aircraft are battling two brush fires in Los Angeles, Calif. A small blaze that started over the weekend near large homes in the Mandeville Canyon area above Brentwood is sending up a huge plume …
  
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• Big Bills Faced by Utahans Who Don’t Have Flood Insurance

  30-05-2017 17:30
  
  It’s been more than two months since northern Utah resident Wyatt Brammer’s house was damaged from flooding and he still hasn’t gotten it fixed. After 33 inches of water filled his basement, he said, it could cost as much as …
  
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• Search And Rescue Insurance Introduced in Utah

  30-05-2017 17:23
  
  A program has been introduced allowing Utah residents to pay a small fee to have any potential search and rescue costs waived. An individual can purchase a $25 annual insurance so they won’t have to pay expensive rescue costs if …
  
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• Sports stars pick up insurance ahead of big money drafts - Insurance Business America

  30-05-2017 16:50
  
  Insurance Business America
  Sports stars pick up insurance ahead of big money drafts
  Insurance Business America
  Star players in search of mega-deals in the upcoming major league sports drafts really don't want to get injured – it could cost them millions of dollars. With the NBA and MLB drafts coming up next month, potential high school and college draftees will ...
  
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• New Jersey Propane Leak Leads to Evacuations, One Injured

  30-05-2017 16:04
  
  A rail car carrying propane was leaking in an industrial park in New Jersey, sending a plume of gas into the air. Gloucester County spokeswoman Debra Sellitto says a valve stem on top of the tanker car failed and started …
  
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• Woman Suffers Severe Blood Loss in Connecticut Razor Factory Accident

  30-05-2017 15:46
  
  A worker at a Schick razor factory in Connecticut has been hospitalized after her hand got caught in a machine. A production manager at the Milford, Conn., factory told WTNH-TV the worker was doing a routine job Thursday morning when …
  
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• 44 People Rescued in Massachusetts Town After High Tide Traps Them

  30-05-2017 15:22
  
  More than 40 people have been rescued after becoming stranded on a breakwall during high tide at an historic Massachusetts coastal resort town. Dozens were walking along a scenic footpath on the rock wall at Provincetown, Mass., when they became …
  
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• Why security leaders need to partner with their insurance companies - CSO Online

  30-05-2017 14:44
  
  CSO Online
  Why security leaders need to partner with their insurance companies
  CSO Online
  Sign up now and get FREE access to hundreds of Insider articles, guides, reviews, interviews, blogs, and other premium content. Learn more. Related Articles. car salesman auto dealer keys · Cybersecurity pros pushed into sales roles · help support ...and more »
  
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• Patriot National Exploring ‘Strategic Alternatives’

  30-05-2017 14:08
  
  The board of directors of Patriot National Inc. has formed a new special committee of independent directors to review a “range of strategic alternatives,” the company announced. The company said there is no assurance that this review will result in …
  
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• Chubb Names Bryant as Regional Cyber Risk Manager, Europe

  30-05-2017 13:34
  
  Chubb announced the appointment of Kyle Bryant to the newly created role of regional cyber risk manager, Europe. In his new role, Bryant will bring together Chubb’s dedicated local cyber risk expertise across its European region into a single practice. This will ensure a …
  
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• Allied World Europe Launches UK Commercial Division

  30-05-2017 12:56
  
  Allied World Assurance Co. Holdings AG has announced the launch of its UK Commercial Division. “Our clients tell us they need simple, affordable and flexible insurance solutions and our UK Commercial Division delivers just that — one application for a …
  
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• 3 Fossil Fuel Groups Drop Bid to Join Teens’ Climate Change Lawsuit

  30-05-2017 12:39
  
  Three fossil fuel industry groups dropped their attempt to intervene in a court case over climate change this week after failing to reach an agreement on a unified legal position on climate science, court filings show. The American Petroleum Institute …
  
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• The 4 components of finding a niche for your insurance agency

  30-05-2017 12:15
  
  If you can tie these four components together, you will be well on your way to becoming an industry leader in a niche you love, understand and provides long-term opportunity.
  
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• Munich Re, Aviva Ventures Invest in UK Connected Home Insurer Neos

  30-05-2017 12:08
  
  Neos, a UK connected home insurer, announced last week it has secured a £5 million (roughly $6.4 million) series A investment led by Aviva Ventures together with strategic partner Munich Re. The strategic investment accelerates Neos’ growth as the UK’s first company to offer …
  
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• The bright side of private health insurance - The Week Magazine

  30-05-2017 12:01
  
  The Week Magazine
  The bright side of private health insurance
  The Week Magazine
  A lot of liberals are eager to push a Medicare-for-all, single-payer health insurance system. Efforts are underway to pass state-level single-payer in California, and a national bill is gaining steam among congressional Democrats. The implicit argument ...and more »
  
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• Enter Now! Nominate your program for the 2017 NU Workers’ Compensation Risk Management Award for Excellence

  30-05-2017 12:00
  
  Have you nominated your workers' comp program for the NU Excellence in Workers' Compensation Risk Management Awards? Entries close June 19, 2017.
  
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• Citing fraud, Florida insurers raise property insurance rates - Naples Daily News

  30-05-2017 12:00
  
  Naples Daily News
  Citing fraud, Florida insurers raise property insurance rates
  Naples Daily News
  Hang onto your drink umbrellas, hurricane season is almost here! Nathan Rousseau Smith (@fantasticmrnate) has the predictions. Buzz60. 1 of 16. CLOSE. Skip in Skip. x. Embed. x. Share. VIDEOS: 2017 HURRICANE SEASONNotable Southwest Florida ...and more »
  
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• Japan Readies Strategy for Drones, Autonomous Vehicles

  30-05-2017 11:19
  
  Japan aims to finalize on June 9 plans to allow package delivery by drone sometime from 2020 and the commercialization of self-driving trucks by 2022, as it scrambles to breathe new life into its corporate sector, sources told Reuters. The …
  
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• Saudi Arabia’s MedGulf Denies It’s Seeking to Be Acquired

  30-05-2017 11:07
  
  The Mediterranean & Gulf Insurance & Reinsurance Co., a Saudi Arabian insurer known as MedGulf, denied it’s considering putting itself up for sale. MedGulf isn’t exploring strategic options that could include a potential sale of the company and hasn’t appointed …
  
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• Fairfax Plans to Sell 12.2% Stake in India’s ICICI Lombard

  30-05-2017 09:34
  
  Canada’s Fairfax Financial Holdings plans to sell a 12.2 percent stake in its Indian joint venture insurer ICICI Lombard in a deal that will value the company at 203 billion rupees ($3.15 billion), the Indian company said on Saturday. Red …
  
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• Insurer USAA Caught in Hannity TV Advertising Controversy

  30-05-2017 07:00
  
  Financial services firm USAA, facing a backlash to its decision to pull advertising from Sean Hannity’s show on Fox News Channel, says it is withdrawing from other opinion-based television programs. The company, which sells insurance and other products to members …
  
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• Flood Insurance Looks Like One Area of Bipartisan Agreement

  30-05-2017 07:00
  
  Democrats and Republicans, who have agreed on little this year, have found common ground on plans to give private insurers greater access to the $5 billion flood insurance program and to offer more buyouts for homeowners in areas likely to …
  
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• AmTrust Gets $300M Boost from CEO’s Family

  30-05-2017 07:00
  
  AmTrust Financial Services Inc., the provider of workers’ compensation insurance, surged in New York trading after members of the chief executive officer’s family agreed to inject $300 million for new shares in a private placement. The family of CEO Barry …
  
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• Appeals Court Reinstates Lawsuit of N.C. Woman Who Fell Off Operating Table

  30-05-2017 06:47
  
  The North Carolina Court of Appeals has revived a lawsuit stemming from a woman’s 2012 surgery during which she fell off the operating table while her body was cut open and had surgical implements inside. The Fayetteville Observer reports that …
  
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• 2 Killed in Explosion at West Virginia Industrial Plant

  30-05-2017 06:42
  
  An explosion at a West Virginia industrial plant has killed two people and injured a third. Officials say the explosion was reported last week at Midland Resource Recovery, a company based in Ontario, Canada, that odorizes natural gas. The U.S. …
  
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• New Tennessee Law Aims to Further Enhance State’s Captive Industry

  30-05-2017 06:06
  
  Tennessee is praising captive insurance legislation signed by the governor on May 12, saying it is expected to “maintain and further enhance Tennessee’s place amongst the most attractive states to locate a captive insurance company,” according to a statement from …
  
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• 10 ways to avoid pet insurance claims this summer

  30-05-2017 06:01
  
  Dogs want to be outside as much as you and your clients do this summer, and probably more. But keep in mind that summer carries hazards for pets.
  
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• Uber Says Alabama Mayors Stalled Ridesharing Law

  30-05-2017 06:00
  
  A statewide framework to regulate ridesharing firms such as Uber and Lyft stalled in the Alabama Legislature, and it’s unclear when such companies could begin to launch new service in Alabama communities. Uber, through a spokeswoman, points to Huntsville Mayor …
  
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