Insurance news

• Michigan car insurance set to jump in July - WWMT-TV

  16-06-2017 23:19
  WWMT-TV
  Michigan car insurance set to jump in July
  WWMT-TV
  LANSING, Mich. (SINCLAIR BROADCAST GROUP) – Soon drivers may have the option of storing your vehicle registration information on your cell phone and lawmakers said this will help protect your personal information. Some unwelcome news is your car ...
  
  Read more

• How the Republican health plan could hurt those with employer health insurance - MarketWatch

  16-06-2017 20:57
  
  MarketWatch
  How the Republican health plan could hurt those with employer health insurance
  MarketWatch
  U.S. President Donald Trump congratulates House Speaker Paul Ryan (L) after the House of Representatives approved the American Health Care Act, which would repeal major parts of Obamacare and replace it with the Republican health care plan. By ...
  Trump Officials Overseeing Health Care Overhaul Previously Lobbied for Health Insurance FirmsThe Intercept
  The Healthy California Act will brin
  
  Read more

• Distracted Millennials may be driving up insurance rates - USA TODAY

  16-06-2017 20:04
  
  USA TODAY
  Distracted Millennials may be driving up insurance rates
  USA TODAY
  Distracted driving has gotten a lot of blame in recent years for helping push up car insurance prices. A new NerdWallet survey conducted by Harris Poll suggests that Millennials (ages 18-34) in particular are prone to distracted driving, which could ...
  
  Read more

• New Aon Professional Liability Coverage Available for 300-Plus Small Business Classes

  16-06-2017 18:59
  
  Aon Affinity, the affinity business of Aon plc, has launched Aon Professional Liability Plus, a nationwide program that provides malpractice insurance to more than 300 classes of traditionally hard-to-place small businesses. The program, underwritten by an A-rated carrier, offers coverage …
  
  Read more

• Advertisement

• Former I.I.I. President, Mechlin D. Moore, Passes Away at 87

  16-06-2017 18:53
  
  Mechlin D. Moore, former president and chief executive officer of the Insurance Information Institute (I.I.I.), passed away on Tuesday, June 13, following a lengthy battle with cancer. Moore, of Rye, New York, led the I.I.I. from 1979 until his retirement …
  
  Read more

• Cardinal Health Seeks Dismissal of Drug Suits in 6 West Virginia Counties

  16-06-2017 18:51
  
  A pharmaceuticals distributor has asked a federal judge to dismiss lawsuits filed by six West Virginia counties over the opioid crisis, arguing that they were filed too late and the matter was already addressed in a state suit. Cardinal Health …
  
  Read more

• Father, Son Workers Killed at Mississippi Sewer Lift Station

  16-06-2017 18:47
  
  Authorities believe a father and son who died while working on a sewer lift station in Mississippi were overcome by odorless methane gas. News outlets report that 45-year-old Terry West and his 20-year-old son Gage West were among three men …
  
  Read more

• Texas-Based Atlas Resource Partners Faces Federal Age Bias Suit

  16-06-2017 18:28
  
  A federal agency has charged a Fort Worth, Texas-based company with discrimination for firing an experienced production foreman fired because of his age. The U.S. Equal Employment Opportunity Commission (EEOC) said it has filed a lawsuit against Atlas Resource Partners. …
  
  Read more

• Advertisement

• Uber Sued by Rape Victim Who Says It Violated Her Medical Privacy

  16-06-2017 18:19
  
  A woman sued Uber Technologies Inc. on Thursday claiming top executives at the ride-hailing company improperly obtained her medical records after she was raped by a driver in India, according to court documents. The lawsuit, filed in a California federal …
  
  Read more

• House Panel Gets Down to Business on Flood Insurance Proposals - Insurance Journal

  16-06-2017 18:18
  
  Washington Post
  House Panel Gets Down to Business on Flood Insurance Proposals
  Insurance Journal
  House lawmakers are weighing seven proposals to renew and reform the federal flood insurance program, an area where there is a good amount of bipartisan agreement that something should be done and even on what to do. The House Financial Services ...
  The Finance 202: The flood insurance game must go onWashington Post
  Why Fairness Matters in Reforming Flood and Health Insurance ProgramsKnowledge@
  
  Read more

• MetLife names Khalaf president of U.S. unit as Morris exits

  16-06-2017 18:10
  
  MetLife Inc. named Michel Khalaf president of U.S. operations after he helped the insurer expand in Europe.
  
  Read more

• Nebraska Bank Sued for Paying Women Less Than Men

  16-06-2017 18:09
  
  A Nebraska bank violated federal law by paying women and men unequally for jobs with the same required skill, effort, responsibility, and working conditions, the U.S. Equal Employment Opportunity Commission (EEOC) has charged. According to the EEOC, Christine Schwieger began …
  
  Read more

• Billings Named VP, Predictive Analytics at Midwest Employers Casualty

  16-06-2017 18:03
  
  Midwest Employers Casualty has promoted Brian Billings to vice president of Predictive Analytics. As the Midwest Employers Casualty strategy evolved from data acquisition to leveraging data assets, Billings led the effort to deploy machine learning technology for the early identification …
  
  Read more

• Parts of West Texas Hit with Grapefruit Size Hail

  16-06-2017 18:02
  
  Wind gusts of up to 72 miles per hour and hail as large as grapefruit struck the Midland/Odessa, Texas-area on June 14, damaging roofs and shattering automobile windshields, the Insurance Council of Texas reported. Insurance company catastrophe teams report a …
  
  Read more

• Kansas Traffic Deaths Averaging More than 1 Per Day

  16-06-2017 17:58
  
  Kansas officials say the troubling increase in traffic fatalities across the state is accelerating. AAA spokeswoman Jennifer Haugh told the Wichita Eagle that Kansas is currently averaging more than one traffic fatality a day. Statistics from AAA shows that there …
  
  Read more

• House Committee Advances 2 Flood Insurance Bills; More to Come - Insurance Journal

  16-06-2017 17:58
  
  House Committee Advances 2 Flood Insurance Bills; More to Come
  Insurance Journal
  The House Financial Services Committee on Thursday passed two bills to reform the National Flood Insurance Program (NFIP). One is a broad reform proposal ...and more »
  
  Read more

• In Arkansas Lawsuit, Farmers Blame Herbicide for Crop Damage

  16-06-2017 17:57
  
  A group of Arkansas farmers have filed a class-action lawsuit against the makers of the herbicide dicamba that they blame for damaging their crops. The lawsuit was filed in federal court in Jonesboro, Arkansas, against Monsanto Co. and BASF Corp. …
  
  Read more

• House Committee Advances 2 Flood Insurance Bills; More to Come

  16-06-2017 17:55
  
  The House Financial Services Committee on Thursday passed two bills to reform the National Flood Insurance Program (NFIP). One is a broad reform proposal that seeks to encourage more private insurance and move the program toward actuarial-based rates, while the …
  
  Read more

• Blockchain Firm Bitfury Teams with Insurance Broker Risk Cooperative

  16-06-2017 17:08
  
  Blockhain technology company The Bitfury Group said it is partnering with the Washington, D.C. insurance advisory and brokerage firm Risk Cooperative to pioneer blockchain applications in the $60 billion insurance intermediation market. The Bitfury Risk Cooperative partnership seeks to leverage …
  
  Read more

• California Man Bit by Dog While Rescuing Cat Awarded $1M

  16-06-2017 17:06
  
  A California man who was bitten by a police dog while trying to rescue a friend’s cat at a construction site two years ago has been awarded $1.1 million by a civil jury. Jurors ruled this week that San Mateo …
  
  Read more

• Nevada Family of Abused Autistic Son Awarded Nearly $1M

  16-06-2017 17:04
  
  The family of an autistic student will receive $900,000 from the Clark County School District to settle claims the student was improperly restrained by a teacher’s aide during the 2011-12 school year. The Las Vegas Review-Journal reported that one federal …
  
  Read more

• UPS Gunman in San Francisco Who Killed 3 Had Filed Grievance

  16-06-2017 17:02
  
  A United Parcel Service driver who opened fire during a meeting with co-workers had filed a grievance that he was working excessive overtime and appeared to specifically go after the three drivers he killed before fatally shooting himself. Jimmy Lam, …
  
  Read more

• Harbor Gets California Department of Workers’ Comp OK for Telemedicine

  16-06-2017 16:49
  
  Newport Beach, Calif.-based Harbor Health Systems it is one of the first companies to receive approval from the California Department of Workers’ Compensation to offer telemedicine through its medical provider networks. Through the video teleconferencing capabilities enabled by Harbor’s telemedicine …
  
  Read more

• Takata Bankruptcy Filing Could Happen Next Week in Japan

  16-06-2017 16:45
  
  Takata Corp. plans to file for bankruptcy as soon as next week, paving the way for a sale of the 84-year-old Japanese air-bag maker behind the biggest safety recall in automotive history. The supplier is expected to seek protection in …
  
  Read more

• Hub Northeast Promotes Schreiber to President of Commercial Lines

  16-06-2017 15:44
  
  Hub International Northeast (Hub Northeast), a subsidiary of Hub International Limited (Hub), has promoted senior vice president and chief sales officer (CSO), Ken Schreiber, to president of commercial lines. In this new role, Schreiber will be responsible for the overall …
  
  Read more

• Carbon Monoxide Leak Sickens 32 People in New York City

  16-06-2017 15:30
  
  A carbon monoxide leak in a building three blocks from the World Trade Center sickened 32 people and raised alarm that shuttered several busy blocks in lower Manhattan at the start of the workday Tuesday, authorities said. The problem ultimately …
  
  Read more

• New York Approves Final Workers’ Comp Legislation Developed by IIABNY

  16-06-2017 15:16
  
  Final legislation has been approved in New York that aims to enable insurance agents to better serve workers’ compensation clients if signed into law by Governor Andrew Cuomo. The legislation was developed by The Independent Insurance Agents & Brokers of …
  
  Read more

• New Jersey’s York Hires McMahan as Chief Human Resources Officer

  16-06-2017 14:47
  
  York Risk Services Group (York), a Parsippany, N.J.-based provider of claims management, managed care, specialized loss adjusting, alternative risk programs, pool administration and other insurance services, has hired Danielle McMahan as chief human resources officer to succeed Carol Montgomery who …
  
  Read more

• US tech firm in blockchain tie-up with insurance advisory firm - Reuters

  16-06-2017 14:05
  
  Reuters
  US tech firm in blockchain tie-up with insurance advisory firm
  Reuters
  Bitcoin mining computers (L) and particle filters (R) that allow in cold air from outside but trap any incoming dust are pictured in Bitfury's mining farm near Keflavik, Iceland, June 7, 2016. Picture taken June 7, 2016. REUTERS/Jemima Kelly. 1/2. left ...and more »
  
  Read more

• InsurTech startup gets a boost for smartphone-only policies

  16-06-2017 13:00
  
  Can the insurance industry support one more entrant into the 'insure-a-thing' category?
  
  Read more

• Holding bullies accountable

  16-06-2017 13:00
  
  The courts are finding companies and individuals are liable for bullying behavior.
  
  Read more

• Carnegie-Brown Begins Tenure as Lloyd’s Chairman

  16-06-2017 12:42
  
  Bruce Carnegie-Brown formally took up his position as chairman of Lloyd’s today, following the retirement of John Nelson. “I am very excited to get started. In the months since my appointment was announced, I have been meeting with people in …
  
  Read more

• Prime Minister May: ‘People Deserve Answers’ on London Tower Blaze

  16-06-2017 12:23
  
  British Prime Minister Theresa May on Thursday promised a public inquiry into a fire that gutted a 24-story apartment block killing at least 17 people, as the government faced questions about how such a devastating blaze could have occurred. Smoke …
  
  Read more

• How cell phone records doomed an insured's theft claims

  16-06-2017 12:15
  
  A federal district court in California has upheld an insurance company’s denial of its insured’s claim for the theft of his motor home, based in large part on his son’s cell phone records.
  
  Read more

• Wisconsin budget committee rejects Scott Walker's self-insurance proposal - Madison.com

  16-06-2017 12:02
  
  Madison.com
  Wisconsin budget committee rejects Scott Walker's self-insurance proposal
  Madison.com
  The Wisconsin Legislature's budget-writing committee voted unanimously on Thursday to reject contracts submitted by Gov. Scott Walker's administration to move state employees to a self-insurance system. Walker's 2017-19 budget proposal projected that ...
  Budget committee rejects Scott Walker's self insurance planWiscNews
  Finance committee rejects self-insuranceChannel3000.com - WISC-TV3
  Joint
  
  Read more

• How to create a killer Facebook ad campaign for your insurance agency

  16-06-2017 11:30
  
  Here's a simple and straightforward strategy that will expose your message to your ideal market and present a relevant message that drives prospects to take action.
  
  Read more

• Startup Decisely: Insurtech ‘For Brokers, By Brokers’ Targets Small Business Benefits

  16-06-2017 11:00
  
  Some see insurtech as the enemy. Others see it as a sign of things to come. Then there’s EPIC Insurance Brokers & Consultants, which is clearly embracing the insurtech craze while soliciting brokers to join them. San Francisco, Calif.-based EPIC …
  
  Read more

• Iowa May Be First State with No Health Insurers on Exchange

  16-06-2017 07:50
  
  Iowa could be the first state in the nation with no health insurance company willing to offer policies on its Affordable Care Act exchange next year unless President Donald Trump’s administration approves a stopgap proposal, Iowa Insurance Commissioner Doug Ommen …
  
  Read more

• People on the move in the P&C insurance industry: June 16, 2017

  16-06-2017 07:45
  
  News from Venture Programs, Marsh, Property Damage Appraisers and more.
  
  Read more

• IICF hosts 3rd Women in Insurance Global Conference

  16-06-2017 07:22
  
  With a theme of 'The Power of Diverse Thought and Innovation,' the Insurance Industry Charitable Foundation hosted the third Women in Insurance Global Conference in New York City June 7–9.
  
  Read more

• JLT Re Appoints Guy Carpenter’s Paulsen as Senior VP in Chicago

  16-06-2017 07:02
  
  JLT Re (North America) Inc. (JLT Re), part of the global provider of reinsurance broking and consultancy, has appointed John Paulsen as senior vice president in Chicago, Illinois. He will focus on the continued expansion and development of JLT Re’s …
  
  Read more

• Uber’s Plans for Trucking Industry Hit Detours

  16-06-2017 07:00
  
  Uber Technologies Inc.’s drive to become a major player in the trucking business is off to a bumpy start, with analysts and industry executives questioning what exactly the company can bring to the sprawling $700-billion industry. The San Francisco ride-services …
  
  Read more

• Report Claims 17 Deaths, Worker Abuse at World Cup Construction in Russia

  16-06-2017 07:00
  
  Workers building stadiums for next year’s World Cup in Russia have faced repeated abuses and routinely gone unpaid for several months, according to a report by Human Rights Watch. At a stadium in Yekaterinburg, some workers were required to work …
  
  Read more

• Lawsuit Claims Bank Is Responsible for Employee Sending Naked Photo on LinkedIn

  16-06-2017 07:00
  
  Tinder is for dating. Facebook is for friends. LinkedIn is for … well, it depends whom you ask. The professional networking platform is meant for connecting with colleagues, clients and prospective bosses, but behavior on the site can be far from …
  
  Read more

• British Insurer Aviva to Launch Small Business Cyber Product

  16-06-2017 07:00
  
  British insurer Aviva plans to launch a new product to cover small and medium-sized businesses against cyber attacks later this year as part of an expansion of its specialist insurance division, its chief executive for UK insurance said. Aviva, which made 3 billion pounds …
  
  Read more

• UPDATE 1-China insurance regulator punishes illegal sales of HK products - Reuters

  16-06-2017 06:34
  
  UPDATE 1-China insurance regulator punishes illegal sales of HK products
  Reuters
  BEIJING, June 16 China's insurance regulator will continue to crack down on illegal sales of Hong Kong insurance products by mainland agencies, which it says has led to capital outflows and money laundering. The China Insurance Regulatory Commission ...and more »
  
  Read more

• Bynum Elected President of the Independent Insurance Agents of Georgia

  16-06-2017 06:28
  
  Thad Bynum of Bynum Insurance Agency, a Trusted Choice agency in Clayton, Ga., was installed as president of the Independent Insurance Agents of Georgia (IIAGA), on June 10 during the association’s 120th annual meeting, convention and trade show at Amelia …
  
  Read more

• APD to accept digital proof of auto insurance, Chief Eden says - Albuquerque Journal

  16-06-2017 06:28
  
  APD to accept digital proof of auto insurance, Chief Eden says
  Albuquerque Journal
  Electronic proof of auto insurance is now officially acceptable to offer during a traffic stop in Albuquerque, and possibly soon throughout the rest of Bernalillo County. Albuquerque Police Chief Gorden Eden last week made it official that officers ...
  
  Read more

• Insurers Claim They’re Off The Hook for Duke Energy’s N.C. Coal Ash Spill Claims

  16-06-2017 06:06
  
  Dozens of insurance companies say they’re not obligated to help pay for Duke Energy Corp.’s multi-billion dollar coal ash cleanup because the nation’s largest electric company long knew about but did nothing to reduce the threat of potentially toxic pollutants. …
  
  Read more

• Caddo fire district improves its insurance class rating - KSLA-TV

  16-06-2017 05:09
  
  Caddo fire district improves its insurance class rating
  KSLA-TV
  Property owners in a southeastern Caddo Parish fire district soon might see a savings on their insurance. Caddo Fire District 5 announced Thursday that its rating by the Property Insurance Association of Louisiana has improved to Class 3. "Previously ...and more »
  
  Read more

Follow @Insurance_Newsl on Twitter!