Fri, 31 Jul 2015 17:57:46 +0000
Freberg Environmental Insurance has named Renee Miller to lead its environmental consultants and contracting program. Miller will be based in Denver, Colo. and lead Freberg’s environmental program providing general liability, contractors’ pollution...
Fri, 31 Jul 2015 17:03:48 +0000
SASSI, the Salon and Spa Specialty Insurance agency, has added an additional market for its workers’ compensation insurance program, enabling the agency to write this coverage in additional states. The program is designed to meet the needs of small t...
Fri, 31 Jul 2015 16:57:27 +0000
Second-term Mississippi Insurance Commissioner Mike Chaney is being challenged in the Republican primary by John Mosley, a body shop owner who says insurance companies have gotten away with paying for less-than-perfect replacement parts to repair damag...
Fri, 31 Jul 2015 16:52:34 +0000
Insurance broker Lockton hired Deana Calvelli as vice president of Retirement Services for Lockton’s Northeast region. Calvelli will lead Lockton’s new retirement practice in the Philadelphia office. The practice will advise clients on 401k and other...
Fri, 31 Jul 2015 16:47:46 +0000
Betsy K. Olson was appointed chief executive officer of the Independent Insurance Agents of Georgia after a unanimous vote of its Board of Directors on July 29, 2015. Olson will take the reins on September 1. “Betsy is intimately familiar … The artic...
Fri, 31 Jul 2015 16:28:58 +0000
The Massachusetts Senate’s oversight body is launching an inquiry into homeowners insurance rate increases approved by the Division of Insurance (DOI) this year after a brutal winter led to increased claims activity. State Senator Mike Barrett (D-Lexin...
Fri, 31 Jul 2015 16:15:01 +0000
The National Weather Service has confirmed that storm damage in Tolna, N.D. was caused by a tornado. The tornado last week was rated an EF-1, with an estimated peak wind speed of 110 mph. It was on the ground for … The article Weather Service Confirms ...
Fri, 31 Jul 2015 16:12:13 +0000
A southern Colorado school district accused of promoting evangelical Christian ideals has reached a settlement with a teacher who filed a lawsuit claiming religious discrimination. Robert Basevitz, who is Jewish, filed a suit in May saying that the Fre...
Fri, 31 Jul 2015 16:08:29 +0000
Gov. Mary Fallin says the federal government has rejected the state’s request for disaster assistance for 19 Oklahoma counties affected by severe weather, flooding and tornadoes in May and June. Fallin said Wednesday the Federal Emergency Management Ag...
Fri, 31 Jul 2015 15:59:21 +0000
Hundreds of residents and businesses in Long Beach, Calif. will be without power until Friday evening, according to reports. Long Beach, a city of nearly half-a-million, was struck by a power outage on Thursday for the second time this month. … The art...
Fri, 31 Jul 2015 15:56:18 +0000
Edison International expects a hearing to be held next year on its $7.57 billion damage claim against Mitsubishi Heavy Industries Ltd. over the shutdown of a Southern California nuclear power plant. A confidentiality order in the case, being arbitrated...
Fri, 31 Jul 2015 15:18:31 +0000
Aon’s second quarter earnings report highlights some of the difficulties the re/insurance industry is experiencing. Total revenues from Aon’s combined sector activities decreased by four percent to $2.80 billion from $2.913 billion in Q2, 2014. The...
Fri, 31 Jul 2015 12:24:23 +0000
MetLife Inc. said its dual roles of offering retirement products and advising customers are threatened by a U.S. Labor Department proposal that was designed to make sure savers’ interests are put first. “Without substantial modifications, the propo...
Fri, 31 Jul 2015 12:15:16 +0000
Conan O’Brien Sued Over Jokes Comedian Conan O’Brien was sued for copyright infringement for using several jokes on his late-night talk show that he’s accused of lifting from the Internet. In a complaint filed in San Diego federal court July … Th...
Fri, 31 Jul 2015 12:01:30 +0000
London-based Brit plc, which completed its merger with Fairfax Financial Holdings in the first half of this year, reported operating profit before foreign exchange and transaction related expenses of $70.9 million, compared with $172.3 million in the f...
Fri, 31 Jul 2015 11:14:06 +0000
Arch Capital Group Ltd., headquartered in Bermuda, reported second quarter net income of $110.3 million, or $0.88 per share, compared to $202.5 million, or $1.48 per share, for the 2014 second quarter. Net income available to Arch common shareholders f...
Fri, 31 Jul 2015 10:46:14 +0000
A researcher is advising drivers not to use a mobile app for General Motors Co.’s OnStar vehicle communications system, saying hackers can exploit a security flaw in the product to unlock cars and start engines remotely. “White-hat” hacker Samy Kamkar ...
Fri, 31 Jul 2015 10:41:47 +0000
The Obama administration on Wednesday released a new regulation intended to prevent explosive rail disasters such as the 2013 oil train derailment that killed 47 people and destroyed part of Lac-Megantic, Quebec. The new rule by the Federal Railroad Ad...
Fri, 31 Jul 2015 10:04:32 +0000
A.M. Best has released a new briefing focusing on the National Council of Private Insurance issuance of CNSP Resolution CNSP No. 322, which decreases the amount of premiums that Brazil’s local insurers must “place” with local reinsurers, from 40 ...
Fri, 31 Jul 2015 09:28:20 +0000
Allianz Insurance has joined forces with cyber risk management company, Pentura, to provide commercial customers with help and guidance to improve cyber security. As part of the partnership, Pentura, which is based in Reading, England, will provide All...
Fri, 31 Jul 2015 09:09:27 +0000
The pursuit of improved investment returns has become more important for European insurers after a lengthy period when their attention was more focused on non-investment sources of profit, according to a report published by A.M. Best. How an insurer mi...
Fri, 31 Jul 2015 09:07:27 +0000
Willis Group Holdings announced the appointment of Thomas Messer as Regional Leader of aviation in Latin America with immediate effect. Messer joined Willis in 2002 and has served in a variety of roles within the aerospace re/insurance market – most...
Fri, 31 Jul 2015 09:01:51 +0000
Global broker Cooper Gay Swett & Crawford (CGSC) has appointed three senior officers to its board of directors with immediate effect. Shaun Hooper, CEO of CGSC International, Gordon Newman, CEO of CGNMB and Thomas P Ruggieri, CEO & President of … The a...
Fri, 31 Jul 2015 05:59:26 +0000
A lack of guidance from the Federal Aviation Administration and improper training were significant factors in the midair collision of two skydiving planes over northwestern Wisconsin about two years ago, according to aviation investigators. The Nationa...
Fri, 31 Jul 2015 05:58:16 +0000
Houston police say a man has been accused of starting an apartment complex blaze on July 28 that left three firefighters slightly hurt. Houston City Jail records show 18-year-old Danny Isidoro was being held on a charge of reckless arson. … The article...
Fri, 31 Jul 2015 05:50:20 +0000
A public-private, cyber-catastrophe reinsurance arrangement would improve the UK’s resilience against the growing threat of cyber risks in this interconnected world, according to a cyber report released this week. Given the fact that the current mark...
Fri, 31 Jul 2015 05:38:29 +0000
The federal Occupational Safety and Health Administration has cited Southcross Energy Partners GP LLC for seven safety violations at its cryogenic natural gas processing facility in Gregory, Texas. Safety officials have proposed penalties of $112,000 a...
Fri, 31 Jul 2015 05:28:54 +0000
John A. Davis and Paul B. LeStourgeon have joined The Cincinnati Insurance Co. in its newly expanded reinsurance assumed initiative known as Cincinnati Re. Davis, managing director, head of casualty reinsurance, will oversee the strategic direction,...
Fri, 31 Jul 2015 05:24:16 +0000
The Texas Department of Public Safety (DPS) said during its inspection of 7,865 commercial motor vehicles in June it pulled approximately 21.7 percent, or 1,710, of the 18-wheelers, buses and other commercial vehicles inspected out of service for a var...
Fri, 31 Jul 2015 05:01:20 +0000
Announcing it assisted 172,913 consumers across the state in 2014, the Michigan Department of Insurance and Financial Services said consumer complaints increased last year compared to 2013. Health insurance generated the most complaints in 2014 with ...