Tue, 17 Oct 2017 19:45:59 +0000
Indianapolis, Indiana-based MJ Insurance has named Chad Miller as chief information officer. He will serve the firm’s offices in Indiana and Arizona. Technology is at the core of MJ’s employee and client experience strategies. MJ is committed to furthe...
Tue, 17 Oct 2017 19:44:37 +0000
More than six years after a deadly tornado tore through Joplin, Missouri, the heavily damaged local school district has rebuilt. Exactly how much of those costs the district will have to shoulder remains up in the air. The district is …
Tue, 17 Oct 2017 16:59:28 +0000
Residents and businesses in nine West Virginia counties left without tap water during a 2014 chemical spill can start filing claims. According to a website set up to handle claims, forms were being accepted both online and by mail starting …
Tue, 17 Oct 2017 16:55:27 +0000
K&K Insurance Group, Inc. has launched a new program designed to provide general liability insurance for yoga instructors. The Yoga Instructor Program is designed specifically for individuals working on an independent contractor basis, directly supervi...
Tue, 17 Oct 2017 16:51:01 +0000
Local governments and nonprofits trying to recover from major disasters have sometimes learned the hard way that money spent on protective measures, cleanup and rebuilding is not always reimbursed by the U.S. government. The Associated Press analyzed m...
Tue, 17 Oct 2017 16:13:26 +0000
Geologists say an earthquake of magnitude 3.6 rattled northeastern Arkansas. A report from the U.S. Geological Survey said the quake had a depth of about 10 miles and was centered just southeast of Manila in Mississippi County. The local sheriff’s …
Tue, 17 Oct 2017 15:53:51 +0000
Freelancing is growing. The freelance workforce grew from 53 million in 2014 to 55 million in 2016 and currently represents 35 percent of the U.S. workforce. This freelance workforce earned an estimated $1 trillion this past year, representing a signif...
Tue, 17 Oct 2017 15:27:09 +0000
Thirty years ago, so many companies flocked to Connecticut that Stamford, a waterfront enclave of about 100,000 residents, became the third-largest center of corporate headquarters in the U.S., behind only New York City and Chicago. Now businesses are ...
Tue, 17 Oct 2017 14:48:36 +0000
Windham Group, a workers’ compensation case management company, has received the first case in Massachusetts’ Alternate Opioid Treatment Pathway (OATP) program. The state’s Department of Industrial Accidents (DIA) recently launched a two-year pilot pro...
Tue, 17 Oct 2017 14:47:26 +0000
Authorities say that it was a tornado that touched down south of Portland, Ore. last week overturning small airplanes, downing power lines and damaging several glass greenhouses. National Weather Service meteorologists say the tornado touched down at t...
Tue, 17 Oct 2017 14:25:01 +0000
Online home and rental insurer Lemonade has said it is limiting its coverage for gun owners as part of its commitment to “make insurance into a social good.” Citing the recent Las Vegas mass shooting, Lemonade CEO Daniel Schreiber blogged: …
Tue, 17 Oct 2017 14:19:45 +0000
Wineries damaged by wildfires tearing through Northern California are starting insurance claims, and at least some of the smaller vintners are likely to find limits in their policies mean payouts fall short of rebuilding costs. Gaps in coverage and a …
Tue, 17 Oct 2017 13:49:05 +0000
When this year’s results are tallied, direct U.S. homeowners’ insurance premiums will have continued to grow, despite a decreasing return on equity for insurers. According to Aon Benfield’s annual Homeowners’ ROE Outlook report, homeowners’ premiums in...
Tue, 17 Oct 2017 13:31:25 +0000
Universal Insurance Holdings Inc. has announced that its wholly-owned subsidiary, Universal Property & Casualty Insurance Company (UPCIC), has written its first homeowners policy in New York. The company also announced the official launch of Universal ...
Tue, 17 Oct 2017 13:19:15 +0000
Three people have been injured after a train hit a car at a Pennsylvania railroad crossing. Railroad officials say the crash happened around 4:15 p.m. Sunday in Aspinwall, a suburban area north of Pittsburgh. A spokesman for Norfolk Southern says …
Tue, 17 Oct 2017 12:51:04 +0000
Excess and surplus lines insurer Berkley Regional Specialty is changing its name to Berkley Aspire effective January 1, 2018. Berkley Aspire writes general liability, property, umbrella and inland marine, and has plans to introduce new coverage lines i...
Tue, 17 Oct 2017 12:49:44 +0000
Beazley and Munich Re, through their Vector partnership, have reported strong demand for “holistic cover” to protect against cyber attacks and resulting business interruption and supply chain risks. Vector was established in 2015 to offer tailor-made e...
Tue, 17 Oct 2017 11:52:37 +0000
Marsh announced the appointment of Siegmund Fahrig as CEO of its Continental Europe region, effective immediately. Fahrig succeeds Flavio Piccolomini, who was recently appointed CEO of Marsh’s International Division. Prior to his appointment, Fahrig se...
Tue, 17 Oct 2017 10:50:29 +0000
Insurance rating agency A.M. Best announced the publication of the updated Best’s Credit Rating Methodology (BCRM) on Friday, and also announced the names of several insurance and reinsurance groups that the rating agency has put under review. Allstate...
Tue, 17 Oct 2017 08:37:09 +0000
When cheating becomes habitual, the consequences could be costly. Embattled Kobe Steel Ltd said on Tuesday the U.S. Justice Department is asking the steelmaker to provide documents related to its data falsification scandal. That came after a source wit...
Tue, 17 Oct 2017 07:38:22 +0000
The upcoming implementation of the European Union’s General Data Protection Regulation (GDPR), which takes effect in May 2018, has elevated cyber risk to the top of the corporate agenda for organizations doing business in Europe according to a survey c...
Tue, 17 Oct 2017 06:59:29 +0000
Markel International, the specialist insurer, has unveiled a fintech policy offering comprehensive protection for businesses in the financial technology sector in Asia, having successfully launched it in the UK early last year. Simon Moi, senior underw...
Tue, 17 Oct 2017 06:42:44 +0000
Irish authorities will begin to clean up and count the cost of the worst storm to hit the country in more than 50 years, after Ophelia left a trail of destruction in its wake. At least three people died in …
Tue, 17 Oct 2017 05:00:51 +0000
An oil spill in the Gulf of Mexico last week may be the largest in the U.S. since the 2010 blowout at BP Plc’s Macondo well that sank the Deepwater Horizon rig. The Delta House floating production facility about 40 …
Tue, 17 Oct 2017 04:37:44 +0000
Rich Saltzman, owner of Brightway, The Saltzman Agency in Tampa, Fla., is now a multi-unit owner with Brightway Insurance with the purchase of a Brightway store located in Largo, Fla. The new agency is located at t 1601 East Bay …
Tue, 17 Oct 2017 04:33:22 +0000
Hub International Limited has acquired the assets of Banyan Consulting Group, Inc. (Banyan). Terms of the acquisition were not disclosed. With offices in Greensboro, Raleigh and Charlotte, North Carolina, Banyan specializes in employee benefits. Alan O...
Tue, 17 Oct 2017 04:31:09 +0000
The Florida Office of Insurance Regulation (OIR) will conduct a public hearing to discuss the National Council on Compensation Insurance’s (NCCI) proposed overall statewide average workers’ compensation premium decrease of 9.6 percent on Oct. 18 at 1:0...
Tue, 17 Oct 2017 01:19:11 +0000
Weathering a storm like Hurricanes Harvey, Irma or Maria requires planning, insurance and grit. In a span of 30 days the devastation from multiple hurricanes impacted millions of American families and businesses. When Harvey was offshore and still sett...
Tue, 17 Oct 2017 00:53:46 +0000
Minnesota chiropractor and two co-defendants have been convicted by a federal jury for their roles in an insurance fraud conspiracy, state Commerce Commissioner Mike Rothman announced. Chiropractor Preston Ellard Forthun, 39, of Bloomington, was convic...
Tue, 17 Oct 2017 00:43:20 +0000
Wayne Wignes, a specialist in aviation and aerospace insurance, has joined Alliant Insurance Services as a senior vice president. He is based in Chicago. At Alliant he will provide targeted risk management and insurance solutions to a national portfoli...