Thu, 23 Oct 2014 00:06:16 +0000
A report on the insurance industry released Wednesday shows “a profound lack of preparedness in addressing climate-related risks and opportunities.” Insurance industry representatives immediately criticized the report as a negative take on the indu...
Wed, 22 Oct 2014 22:25:35 +0000
Nothing says “Lancaster County” in Pennsylvania like the sight and sound of a lathered horse pulling a square, black buggy down the road. The county undoubtedly has more of the horse-powered vehicles than any other in Pennsylvania, based on population ...
Wed, 22 Oct 2014 20:02:32 +0000
Delaware Insurance Commissioner Karen Weldin Stewart has recently sent a letter to U.S. Treasury Secretary Jacob Lew and other federal regulators urging them to reconsider their vote to propose that MetLife be labeled as a “systemically important fin...
Wed, 22 Oct 2014 19:34:34 +0000
Joe Amento, a lifelong resident of Ambler, Pennsylvania, was 53 when he died of a rare cancer with one main cause — exposure to asbestos. He was fine at Christmas 2002. In January, a pain in his side kept him … The article UPenn’s Interdisciplinary Res...
Wed, 22 Oct 2014 18:36:22 +0000
Suhr Risk Services has named Jed Dershimer vice president of employee benefits in San Jose, Calif. Dershimer previously worked at Hays Companies, ADP and Verizon, in addition to a lengthy prior stint with Suhr. He specializes in architecting and implem...
Wed, 22 Oct 2014 16:59:54 +0000
The Massachusetts Division of Insurance issued a bulletin spelling out new disclosure requirements for insurance premium quotes for private passenger motor vehicle and personal property insurance. The Bulletin 2014-08, published on Oct. 20, addresses d...
Wed, 22 Oct 2014 16:50:11 +0000
ANV Holdings BV, the Dutch headquartered specialty insurance business, has appointed John Hopper as head of energy to lead its energy underwriting team within ANV Syndicate 1861. Hopper comes to ANV after being a leading member of the offshore energy ...
Wed, 22 Oct 2014 16:33:42 +0000
Fewer young people in Ohio are getting their driver’s license, according to state data and new research. The number of licensed drivers in Ohio ages 16 to 20 is 8.5 percent lower than 10 years ago, The Columbus Dispatch reports. … The article Number of...
Wed, 22 Oct 2014 16:29:08 +0000
All-Star Insurance Group Inc., a full service independent insurance agency based in Gilmer, Texas, has added Joye Cooper and Jeniffer Kitchell as agents. Cooper will maintain an office at All-Star Insurance Group’s home office located at 201 East Mar...
Wed, 22 Oct 2014 16:22:37 +0000
Towers Watson says that overall global growth in the next three to five years will be moderate and divergent on a country basis, and risks to global growth are skewed to the downside in its report entitled “Secular Outlook 2014: … The article Towers Wa...
Wed, 22 Oct 2014 16:21:21 +0000
The consolidated class-action lawsuit by former NHL players against the league over concussion-related injuries has been filed in federal court. Attorneys for the ex-players filed the complaint in Minnesota. The case had been assigned to U.S. District ...
Wed, 22 Oct 2014 16:07:39 +0000
Orland Park, Ill.-based insurance brokerage, The Horton Group, announced the acquisition of certain assets of Boyle, Flagg and Seaman (BF&S) Insurance, located in Illinois and Michigan. BF&S’s Illinois retail operations will now operate under the Hor...
Wed, 22 Oct 2014 16:00:10 +0000
Ranney Pageler, vice president of fraud investigations at Employers Insurance, has been named chair of the Property Casualty Insurers Association of America (PCI) Fraud Committee. Pageler, who is based in Austin, Texas, will serve a two-year term in th...
Wed, 22 Oct 2014 15:58:12 +0000
Dallas-based Mullis Newby Hurst LP (MNH), one of the largest writers of construction insurance and surety bonds in the Southwest, has hired David Layman to expand to San Antonio. Layman has served as head of contract surety underwriting for NAS Surety...
Wed, 22 Oct 2014 15:55:15 +0000
Oregon’s Occupational Safety and Health Division is investigating after a female employee severed four fingers on her right hand in a workplace accident at a potato plant in Boardman. The East Oregonian reported that agency spokeswoman Melanie Mesaros ...
Wed, 22 Oct 2014 15:52:46 +0000
A legal path has been cleared for hundreds of tons of debris to be removed from a waterway south of Coos Bay, Ore. that’s home to federally protected coho salmon and green sturgeon. In April 2012, a massive construction landslide sent mud, … The arti...
Wed, 22 Oct 2014 15:52:25 +0000
Voldico Insurance, based in Osgood, Ind., has hired John Robinson as president. Robinson will oversee strategy setting, operational and revenue growth initiatives for the company. He will be the primary relationship manager with Voldico’s insurance ...
Wed, 22 Oct 2014 15:50:49 +0000
Seismologists say a moderate earthquake struck Alaska and was felt in communities of the state’s interior. The Alaska Earthquake Center says the 5.0 magnitude earthquake occurred at 4:36 p.m. Monday. State seismologist Michael West says the quake was c...
Wed, 22 Oct 2014 15:10:07 +0000
In the last two years, more than 550 West Virginia coal miners have temporarily lost their mining certifications because they failed a drug test. State Office of Miner’s Health, Safety and Training Eugene White released the numbers to a legislative … T...
Wed, 22 Oct 2014 15:04:34 +0000
The Georgia Insurance Commissioner said consumers have reported multimillion dollar insured losses from a storm that included several tornadoes. Commissioner Ralph Hudgens said that reported damage from last week’s storm is estimated to be roughly $6 m...
Wed, 22 Oct 2014 15:02:13 +0000
North Carolina’s insurance commissioner on Monday began deciding whether to allow homeowners’ coverage costs to rise by as much as 35 percent even as some insurers demand even higher rates in agreements with customers. Craig Smith has seen the annual …...
Wed, 22 Oct 2014 14:18:58 +0000
The failure of Congress to renew federal terrorism reinsurance legislation is “shameful” because both political parties know it needs to be done and their differences are minor, an insurance executive said today. Evan G. Greenberg, chairman and CEO...
Wed, 22 Oct 2014 13:56:25 +0000
Retail insurance broker EPIC (Edgewood Partners Insurance Center) has hired John Walsh as principal of Executive Liability and Financial Lines insurance. Walsh will be based in Stamford, Connecticut, and will report to Steve Levene, managing principal ...
Wed, 22 Oct 2014 13:52:00 +0000
Workers’ compensation insurer The MEMIC Group has hired Roger Comer as senior production underwriter to serve its agents in Northern Virginia and Maryland. Comer is based in The MEMIC Group’s Tysons Corner, Virginia, office. Roger Comer brings more tha...
Wed, 22 Oct 2014 13:30:25 +0000
Millicent Gist, a receptionist at Montefiore Medical Center in the Bronx, was surprised to hear her facility was an officially designated hospital for people suspected of having Ebola in New York City. That’s disturbing, Gist said, because she’s of...
Wed, 22 Oct 2014 13:29:36 +0000
Although a large majority (86 percent) of home and auto insurance customers who have submitted a claim in the past two years are satisfied with how it was handled, 41 percent of those who have submitted a claim are still … The article Average Claims Ex...
Wed, 22 Oct 2014 13:01:31 +0000
No one rises as Circuit Judge Steven Combs enters his courtroom in Pikeville, Kentucky. Combs wears a white shirt and yellow tie, no robe. Lawyers approach the bench as their cases are called, shake the judge’s hand and exchange small … The article K...
Wed, 22 Oct 2014 12:37:31 +0000
Thomas F. Mulligan, president and chief executive officer, of Western World Insurance Group announced that he is retiring effective Jan. 1, 2015, after 33 years of continuous service. While Mulligan will continue to participate on the Western World boa...
Wed, 22 Oct 2014 11:54:59 +0000
The U.S. said Trinity Industries Inc. must provide a crash-test plan by Oct. 31 following a verdict yesterday that the guardrail system maker duped the government by hiding changes to its product. A Texas jury found yesterday that Trinity had … The art...
Wed, 22 Oct 2014 10:30:54 +0000
The Progressive Group of Insurance Cos., which insures more than one million watercrafts nationwide, has launched a line of new boating coverage options targeting Florida’s large population of boating enthusiasts. The Mayfield Village, Ohio-based com...