Thu, 02 Jul 2015 22:50:42 +0000
Ahead of December’s big and much-talked about United Nations Climate Change Conference, COP21 or CMP11, it seems there’s been an information ramp up of sorts. I’m not just talking about Pope Francis’ crusade to call attention to climate cha...
Thu, 02 Jul 2015 21:46:00 +0000
Santa Rosa, Calif.-based RIC Insurance General Agency Inc. has named Jeff Gans chief operating officer. Gans reports to Gary Kitchen, president and CEO. Gans joined RIC in February 2015 as vice president of business development. He was previously with ...
Thu, 02 Jul 2015 18:10:56 +0000
Staff and drivers for ride-hailing company Uber gathered outside City Hall on Tuesday, June 30, to protest legislation that would put limits on for-hire vehicles while the city conducts a study on whether the sharp growth of the industry has … The arti...
Thu, 02 Jul 2015 16:59:18 +0000
Vermont regulators issued a bulletin last week addressing the issue of “price optimization” in personal lines ratemaking. The Vermont Department of Financial Regulation (DFR) noted in the bulletin that some property/casualty insurers have been relying ...
Thu, 02 Jul 2015 16:55:48 +0000
Mary Cummins has been tapped to lead the Insurance Industry Charitable Foundation – Midwest Division. Cummins will serve as the group’s new executive director and will be instrumental in charting and implementing the future growth of the Midwest D...
Thu, 02 Jul 2015 16:54:17 +0000
SkiSafe insurance has broadened its underwriting guidelines for its Sailboat Insurance program to provide coverage for sailboat risks with live aboard exposures.  In addition to the clientele of sailors already utilizing the SkiSafe program for protec...
Thu, 02 Jul 2015 16:43:07 +0000
Traffic records dating back 30 years continually list July 4 as the deadliest day to travel on our roadways, the Insurance Council of Texas reports. With July 4 landing on a Saturday this year, the mix of summer travel, the … The article Texas Insuranc...
Thu, 02 Jul 2015 16:27:46 +0000
A monthlong investigation by the Louisiana State Fire Marshal’s Office into a string of fires in Oakdale has resulted in the arrest of six people, including three Allen Parish volunteer firefighters. Authorities said in a news release that Johnny West,...
Thu, 02 Jul 2015 16:22:47 +0000
A rodeo for 4-H members scheduled for this weekend in northeastern South Dakota is in jeopardy because organizers have not submitted proof of insurance to local officials. The Aberdeen American News reports Brown County commissioners threated to deny a...
Thu, 02 Jul 2015 16:19:32 +0000
New Hampshire is now the 15th state to bar drivers from using hand-held cellphones while driving. The new “hands-free” law, in effect as of Wednesday, July 1, applies to all hand-held devices, including GPS units, tablets and laptops. Violators face … ...
Thu, 02 Jul 2015 16:18:16 +0000
Two men have been sentenced to federal prison for arson and insurance conspiracy after authorities say they conspired to burn houses they bought and insured in Kansas City, Mo. A news release from U.S. Attorney Tammy Dickinson says 28-year-old Joshua …...
Thu, 02 Jul 2015 16:01:05 +0000
Insurance brokerage Hub International Limited announced today its acquisition of Pittsburgh-based The HDH Group (HDH). Terms of the acquisition were not disclosed. HDH will establish a new regional operation for Hub that will serve as a platform for fu...
Thu, 02 Jul 2015 15:44:58 +0000
Wyoming Gov. Matt Mead is creating a council to gauge the effects of marijuana usage in the state ahead of a push for a legalization initiative that could put the issue before voters next year. Mead announced Tuesday he’s putting … The article Wyoming ...
Thu, 02 Jul 2015 15:40:09 +0000
They boost their teams from the sidelines and promote them by appearing in calendars and at fan events, but some sports cheerleaders say they are still not considered team employees and are paid what amounts to less than minimum wage. … The article Bil...
Thu, 02 Jul 2015 15:37:09 +0000
Danny Ly, the former controller for the California Insurance Guarantee Association, has filed a lawsuit against the association that charges it fired him after he blew the whistle about alleged financial irregularities, potential accounting fraud and o...
Thu, 02 Jul 2015 13:12:37 +0000
Specialty insurance brokerage Alliant Insurance Services announced today it has expanded its managing general agent (MGA) practice through the acquisition of Preferred Concepts, an insurance program underwriter and wholesale broker based in New York wi...
Thu, 02 Jul 2015 12:32:57 +0000
BP Plc has agreed to a preliminary deal in which it will pay a record $18.7 billion to settle claims by five Gulf states and the U.S. government for the 2010 Deepwater Horizon oil spill, the worst oil spill in … The article BP to Pay $18.7B Over 18 Yea...
Thu, 02 Jul 2015 12:31:51 +0000
According to the latest 1st View Renewals Report from Willis Re, the relentless “period of rate reductions” in reinsurance pricing shows signs of softening with “early signs” of price stabilization ”beginning to emerge in peak property catast...
Thu, 02 Jul 2015 10:37:50 +0000
When DuPont Co. announced plans to spin off its major chemical operations in October 2013, it said the move would create a cash-generating dynamo with the leading market share in most of its businesses. The spinoff would let DuPont focus … The article ...
Thu, 02 Jul 2015 10:31:10 +0000
It’s around two months until the annual Reinsurance Rendezvous in Monte Carlo, where the reinsurers, brokers, carriers, lawyers, accountants and cat modelers discuss the state of their industry. That industry, until recently a rock solid bastion of ...
Thu, 02 Jul 2015 10:00:59 +0000
XL Catlin announced the appointment of Brendan Plessis to the newly created role of head of emerging markets. In this new position, Plessis will lead the development of emerging market strategies, partnering with business leaders across XL Catlin to ex...
Thu, 02 Jul 2015 09:15:25 +0000
Specialist insurer Beazley has launched its first international business travel insurance product in the Australian market. Beazley Corporate Travel Insurance will be offered to Australian brokers and coverholders. Beazley Corporate Travel Insurance p...
Thu, 02 Jul 2015 08:43:05 +0000
A faulty connector sending inaccurate information and pilots mistakingly shutting down the wrong engine during a flameout led to the February crash of a TransAsia Airways Corp. plane, investigators said. Flight GE235 had a connector that failed to send...
Thu, 02 Jul 2015 05:55:45 +0000
Marsh & McLennan Agency LLC (MMA), a subsidiary of Marsh, has acquired St. Louis, Mo.-based J.W. Terrill, one of the largest independent agencies in the Midwest. Terms of the transaction were not disclosed. This acquisition is MMA’s first in Missouri...
Thu, 02 Jul 2015 05:46:11 +0000
Property/casualty insurance wholesaler, J.M. Wilson, based in Portage, Mich., has promoted Cheryl Gleason as Personal Lines manager. In addition to managing the day-to-day activities of the Personal Lines team, Gleason will quote new and renewal busine...
Thu, 02 Jul 2015 05:39:55 +0000
The Independent Insurance Agents of Texas (IIAT) named Wes Becknell, business development officer at AFCO in La Vernia, as its Young Associate of the Year. The award recognizes a young associate member of IIAT who demonstrates exceptional service to th...
Thu, 02 Jul 2015 05:15:49 +0000
Lighthouse Property Insurance Corp. (Lighthouse), with headquarters in Florida, began offering homeowners insurance and flood insurance throughout Texas on July 1. Lighthouse also provides coverage to more than 36,000 policyholders in Louisiana, South ...
Thu, 02 Jul 2015 05:11:34 +0000
Andy N. Siegel, president of Siegel Insurance, Inc., a Trusted Choice insurance agency in Atlanta, was installed as president of the Independent Insurance Agents of Georgia, Inc. (IIAG) on June 13, during the association’s 118th Annual Meeting and Co...
Thu, 02 Jul 2015 04:54:43 +0000
Authorities say a truck driver who slammed into numerous stopped cars outside of Chattanooga, Tenn., last week, killing six, had been cited for careless driving in Florida the previous day. According to a Florida Highway Patrol crash report, 39-year-ol...
Thu, 02 Jul 2015 04:09:46 +0000
Uber is staying in South Carolina. After the transportation network company (TNC) was halted by the state’s Public Service Commission in January and then granted a temporary license through June 30, South Carolina lawmakers introduced legislation all...