Wed, 18 Oct 2017 05:09:29 +0000
Authorities are investigating a series of fires in an Alabama town, including one that damaged a historic former school building. The Selma Times-Journal reports that as many as five fires were reported in the city’s downtown area on Saturday night. …
Wed, 18 Oct 2017 05:00:53 +0000
Two U.S. senators on Tuesday reached a bipartisan agreement to shore up Obamacare for two years by reviving federal subsidies for health insurers that President Donald Trump planned to scrap, and the president indicated his support for the plan. The …
Wed, 18 Oct 2017 05:00:44 +0000
Jennifer Smith doesn’t like the term “accident.” It implies too much chance and too little culpability. A “crash” killed her mother in 2008, she insists, when her car was broadsided by another vehicle while on her way to pick up …
Wed, 18 Oct 2017 05:00:42 +0000
Johnson & Johnson on Tuesday won the reversal of a $72 million verdict in favor of the family of a woman whose death from ovarian cancer they claimed stemmed from her use of the company’s talc-based products like Johnson’s Baby …
Wed, 18 Oct 2017 04:29:46 +0000
A Mississippi woman accused of attempting to defraud an insurance company out of thousands of dollars has been arrested. News outlets report 30-year-old Kyomi M. Fulton, of Fayette, was arrested Oct. 11 and charged with one count of insurance fraud …
Wed, 18 Oct 2017 04:16:37 +0000
Georgia’s estimated insured losses from Hurricane Irma have climbed to more than $550 million, with insurers reporting approximately 103,163 claims filed so far, according to Georgia Insurance Commissioner Ralph Hudgens. The estimate is based on claims...
Wed, 18 Oct 2017 04:09:04 +0000
Baldwin Krystyn Sherman Partners (BKS-Partners) has promoted Matt Hammer to partner. He will lead the company’s Orlando office. As a partner, Hammer now has an ownership stake in the firm. His involvement in strategic planning and decision making will ...
Wed, 18 Oct 2017 03:12:08 +0000
Seattle, Wash.-based PEMCO Insurance has named M.J. Vigil to its executive team as the company’s new vice president of people and brand. PEMCO also named Paul Barry to its executive leadership team as vice president of claims. Vigil will be …
Wed, 18 Oct 2017 02:56:54 +0000
Lightning started a forest fire one August afternoon near Sisters, an Oregon tourist town, and it was spreading fast. Residents in outlying areas evacuated as flames marched toward their homes. Just a few months earlier, the U.S. Forest Service and …
Wed, 18 Oct 2017 02:55:43 +0000
Woodruff-Sawyer has named John Greenfield a producer in the property/casualty practices of the firm’s San Francisco and Denver offices. Greenfield will be responsible for business development and the design and management of P/C insurance and risk mana...
Wed, 18 Oct 2017 01:51:00 +0000
Don’t rely on the U.S. government to protect your business from cyber threats. That was the consensus among experts speaking about cyber programs at a risk management conference on Tuesday. “The U.S. government hasn’t done a lot to protect cyberspace,” …
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...