Thu, 24 May 2018 16:00:59 +0000
Starkweather & Shepley Insurance Brokerage Inc. (S&S) has hired Jessica Thayer as the Financial Services Risk Solutions (FI) Practice Group leader. Thayer has specialized in directors and officers, errors and omissions, fidelity, cybersecurity, employm...
Thu, 24 May 2018 15:47:52 +0000
Next Insurance, which debuted in 2016 as a digital insurance agency for small to medium-size businesses, is repositioning itself by becoming a licensed insurance carrier. The company says it has received its first license from Delaware and expects to be …
Thu, 24 May 2018 15:26:36 +0000
The Waukee school district in Iowa has reached another settlement with an employee who filed a lawsuit claiming he was forced to resign after reporting improper conduct by the chief operating officer. The Des Moines Register reported the district paid …
Thu, 24 May 2018 15:21:33 +0000
Family members of a school receptionist have settled their lawsuit over an explosion that killed her last summer at Minnehaha Academy in Minneapolis, Minn. An attorney for Ruth Berg’s family and CenterPoint Energy confirmed the settlement Tuesday. Term...
Thu, 24 May 2018 15:06:23 +0000
The family of a 20-year-old woman who died after attending a California music festival last year is suing the event promoter. City News Service is reporting the lawsuit alleges Baylee Gatlin didn’t receive proper medical attention for hours after she …
Thu, 24 May 2018 15:00:44 +0000
The California Division of Workers’ Compensation has suspended three more medical providers from participating in the state’s workers’ comp system, bringing the total number of providers suspended to 245. The suspensions were made possible by the passa...
Thu, 24 May 2018 14:54:10 +0000
The average total cost per workers’ compensation claim in Indiana was stable in the years since the state enacted workers’ comp system reforms, according to a recent Workers Compensation Research Institute study. The study, CompScope Benchmarks for Ind...
Thu, 24 May 2018 14:44:07 +0000
Uber has shut down its self-driving car operation in Arizona two months after a fatal crash involving one of its vehicles, the company said on Wednesday. Uber Technologies Inc is not shuttering its entire autonomous vehicle program and will focus …
Thu, 24 May 2018 14:38:51 +0000
Willis Towers Watson has added Fred Abbott as market leader for Northern California. Abbott will be responsible for the company’s business operations, client relationships and growth opportunities across the Northern California market. Abbott has been ...
Thu, 24 May 2018 13:58:31 +0000
Officials have closed two Burlington, Vt., beaches amid concerns about a sewage spill in the neighboring wetlands of Lake Champlain. Local 22 News reports concerns of a water main break in Burlington on Monday night led to the discovery of …
Thu, 24 May 2018 13:28:29 +0000
American International Group announced that Lisa Sun will join the company as chief executive officer of AIG Insurance Company China. Sun joins AIG from Mercer, where most recently she was CEO of Mercer’s Hong Kong & South and East Asia …
Thu, 24 May 2018 12:57:54 +0000
The International Underwriting Association of London (IUA), representing carriers operating in or through London, has formed a group on cyber underwriting specifically for reinsurers. The organization said the move follows a growing interest amongst re...
Thu, 24 May 2018 12:41:54 +0000
A western Maryland county hit hard by flooding last week is surveying residents and businesses to get a handle on the extent of the damage. Frederick County announced Saturday that the survey will help determine whether the county is eligible …
Thu, 24 May 2018 12:38:58 +0000
Alliant has hired New York-based sports and entertainment insurance specialist Joe Charles as senior vice president. In his new role, he will work to grow the firm’s presence within the entertainment, sports and private client services segments. Prior ...
Thu, 24 May 2018 12:35:36 +0000
TigerRisk Capital Markets & Advisory has formed a new Bermuda facility named Panthera Re to provide its insurance and reinsurance company clients with access to capital markets. With third-party capital from institutional investors deployed in the insu...
Thu, 24 May 2018 12:05:41 +0000
Study after study shows that money stress can be as bad for workplace productivity as back pain. The latest study, released by PwC on Tuesday, found that a quarter of U.S. workers said financial worries caused them health problems. Forty …
Thu, 24 May 2018 10:46:38 +0000
Uber plans to offer all its European drivers an upgraded version of the health insurance it already provides in France in a drive to attract independent workers and fend off criticism over their treatment. The San Francisco-based taxi app, which …
Thu, 24 May 2018 05:13:12 +0000
Allianz Group’s specialist corporate insurer Allianz Global Corporate & Specialty (AGCS) has expanded its Project Cargo offering through a direct partnership with its Engineering division. The new collaborative approach will allow AGCS to provide conti...
Thu, 24 May 2018 05:01:33 +0000
Microsoft promised this week to give users worldwide the same data and privacy rights Europeans will get under new regulations there. That’s in contrast to some of its tech rivals, who are hedging on how much privacy protections will change …
Thu, 24 May 2018 05:00:43 +0000
Complying with the European Union’s new General Data Protection Regulation is leading insurers and reinsurers to dilute the types of data they gather—something that could diminish underwriting quality, A.M. Best said in its latest regulatory assessme...
Thu, 24 May 2018 05:00:38 +0000
Johnson & Johnson lost a second trial linking baby powder use to deadly asbestos cancer and jurors must next decide whether to punish the company on top of their award of $21.7 million in damages. Jurors in state court in …
Thu, 24 May 2018 05:00:01 +0000
Specialty insurer Neon announced that Theo Butt will be joining the company in September in the newly-created role of group underwriting director for Neon Holdings Limited. Butt joins Neon from Ascot Underwriting where he has worked since 2006, leading...
Thu, 24 May 2018 04:52:51 +0000
The family of a man shot to death outside a strip club in North Carolina has been awarded nearly $5 million from the operators of the club. The Winston-Salem Journal reported a judge granted a default judgment Monday against John …
Thu, 24 May 2018 04:45:22 +0000
Four sinkholes have opened up in a fast-growing retirement community in Florida, including one in front of a home that was abandoned months ago because of an earlier sinkhole. A spokeswoman for the Marion County Sheriff’s Office says the new …
Thu, 24 May 2018 04:38:39 +0000
A business owner in Gwinnett County, Ga., has been arrested and charged with one count of insurance fraud after presenting a fraudulent certificate of insurance coverage, according to a statement from Georgia Insurance Commissioner Ralph Hudgens. Maria...
Thu, 24 May 2018 04:22:25 +0000
Approximately 950,000 State Farm Mutual Automobile Insurance Co. personal auto insurance customers in Alabama will see rate reductions starting next month, according to the nationwide insurance company. Thanks to the company’s current financial positio...
Thu, 24 May 2018 01:03:16 +0000
Bond insurer Assured Guaranty sued Puerto Rico and its federally-appointed oversight board on Wednesday, saying their plan to resuscitate the storm-ravaged, bankrupt U.S. territory violates the U.S. Constitution by stripping creditors of property right...
Thu, 24 May 2018 00:44:06 +0000
Hackers have infected at least 500,000 routers and storage devices in dozens of countries, some of the world’s biggest cyber security firms warned on Wednesday, in a campaign that Ukraine said was preparation for a future Russian cyber attack. The …
Thu, 24 May 2018 00:36:05 +0000
Willis Towers Watson reports that China’s Banking Insurance Regulatory Commission (CBIRC) earlier this month approved Willis Insurance Brokers to be the first fully licensed foreign broker to transact all insurance business in China. This follows Presi...
Wed, 23 May 2018 20:01:09 +0000
Oklahoma City, Okla.-based INSURICA has acquired Zodrow & Neighbors Insurance LLC. Terms of the deal weren’t disclosed. The deal, which will be effective on June 1, is INSURICA’s fifth acquisition this year. Owasso-based Zodrow & Neighbors will enhance...