Wed, 25 Apr 2018 16:51:15 +0000
Southwest Airlines runs its planes hard. Planes flying for Dallas-based Southwest make many short hops and more trips per day than other U.S. airliners, which add to wear and tear on airplane parts, including the engines. As the investigation into …
Wed, 25 Apr 2018 16:45:39 +0000
A Washington appeals court has reversed a lower court ruling that held the federal government liable for some of the flooding that followed Hurricane Katrina and other major storms — a ruling that could have resulted in damage payments for …
Wed, 25 Apr 2018 16:40:12 +0000
An attorney in Grand Prairie, Texas, has been sentenced to 120 months in federal prison and ordered to pay $26,572,458.93 in restitution for his role in a workers’ compensation fraud scheme. Federal prosecutors say that from July 2011 to September …
Wed, 25 Apr 2018 16:32:07 +0000
Prospect General Insurance Agency (Prospect General) has expanded Flood Guard, an admitted residential flood insurance product, into Indiana. Flood Guard, written through Palomar Specialty Insurance Company, provides residential flood coverage and is a...
Wed, 25 Apr 2018 16:27:11 +0000
J.M. Wilson has added Shelly Tucker-Lorenz as assistant surety underwriter in its Indiana office and Michelle Smith as assistant transportation underwriter in Kansas City, Missouri. Tucker-Lorenz has 15 years of previous experience working in retail sa...
Wed, 25 Apr 2018 16:20:43 +0000
Prince’s heirs have sued Walgreens and the Illinois hospital that treated the music superstar after he suffered from an opioid overdose, alleging that a doctor and various pharmacists failed to provide Prince with reasonable care, contributing to his d...
Wed, 25 Apr 2018 15:08:56 +0000
By getting hold of a widely used hotel key card, an attacker could create a master key to unlock any room in the building without leaving a trace, Finnish security researchers said in a study published on Wednesday, solving a …
Wed, 25 Apr 2018 14:15:06 +0000
Champion Risk & Insurance Services in San Diego, Calif. has hired Joseph Deutsch. He is tasked with growing the firm’s high net worth personal lines department. Deutsch has been providing high net worth personal lines insurance across Southern Californ...
Wed, 25 Apr 2018 14:13:44 +0000
Despite higher catastrophe losses, Chubb Limited reported a solid first quarter with net income of $1,082 million, about the same as the $1,093 million it achieved for the same quarter last year. Core operating income was $1,097 million, compared with …
Wed, 25 Apr 2018 14:11:31 +0000
The Idaho Supreme Court has ruled that a lower court must once again review a slip-and-fall lawsuit against Walmart. The Idaho Statesman reported Diane Brooks sued the retail giant for negligence in November 2014 after slipping and falling in a …
Wed, 25 Apr 2018 13:46:56 +0000
The New York Department of Financial Services (DFS) has issued updated disaster response and recovery plan requirements for all insurance companies licensed to conduct business in New York state. It issued these updated requirements in light of disaste...
Wed, 25 Apr 2018 13:15:41 +0000
Erie Insurance, based in Erie, Penn., has promoted Sheryl Rucker to senior vice president of Erie Insurance’s Law Division. In this role, Rucker will have oversight of compliance, special investigations, agency operations and marketing, claims legal, i...
Wed, 25 Apr 2018 13:05:12 +0000
Allianz Group said it will soon complete the acquisition of Euler Hermes minorities and will delist the trade credit insurer from the Euronext Paris stock exchange. Following the completion of the simplified tender offer for the shares of Euler Hermes, …
Wed, 25 Apr 2018 13:04:05 +0000
USA Risk Group, a Barre, Vt.-headquartered independent captive management firm, has named Peter Rasmussen vice president of business development. Rasmussen will be responsible for driving all sales activity, and in this role, he will work closely with ...
Wed, 25 Apr 2018 12:13:45 +0000
Volkswagen AG’s luxury unit Audi said on Tuesday that it is recalling 1.16 million vehicles worldwide because of concerns that an electric coolant pump could overheat or short-circuit from moisture within the pump and pose a fire risk. Audi told …
Wed, 25 Apr 2018 08:00:44 +0000
Insurance broker Willis Towers Watson announced three senior appointments within its Corporate Risk and Broking segment to strengthen its broking platform. These appointments are part of the company’s ongoing investment in its dedicated broking centers...
Wed, 25 Apr 2018 05:15:16 +0000
NAS Insurance Services, LLC has updated its commercial cyber liability insurance policy NetGuard Plus to now include support services designed to help companies evaluate, prepare, and protect themselves from ever-evolving cyber threats. The expanded co...
Wed, 25 Apr 2018 05:00:08 +0000
Specialty insurer Markel International has appointed Nicholas Davies as trade credit underwriter and senior risk analyst in Singapore. Davies will focus on developing Markel’s portfolio across the region, in addition to managing existing broker and cli...
Wed, 25 Apr 2018 04:52:18 +0000
Beazley has partnered with international law firm DAC Beachcroft to launch a General Data Protection Regulation (GDPR) helpline for its Beazley Breach Response (BBR) policyholders in the UK. The new GDPR regulations, which take effect May 25, 2018, cou...
Wed, 25 Apr 2018 04:36:05 +0000
The National Weather Service confirms at least three tornadoes in Alabama from Sunday storms, and is surveying other parts of southern Alabama and the Florida Panhandle. A storm with estimated winds of 80 mph (130 kph) overturned five recreational vehi...
Wed, 25 Apr 2018 04:27:36 +0000
A church near the South Carolina coast that is more than 150 years old has been heavily damaged in a fire. The fire was reported around 3:30 a.m. Sunday at the St. Andrews Church in Mount Pleasant. The fire department …
Wed, 25 Apr 2018 01:00:55 +0000
The U.S. Supreme Court on Tuesday ruled that foreign corporations cannot be sued in American courts for human rights abuses overseas, refusing to revive a lawsuit claiming Jordan-based Arab Bank Plc helped finance militant attacks in Israel and the Pal...
Wed, 25 Apr 2018 01:00:42 +0000
British laboratory tests on the fire safety of building materials are inadequate, research for the insurance industry in the wake of the Grenfell Tower fire showed on Wednesday. At least 71 people died in the fire in the social housing …
Wed, 25 Apr 2018 01:00:33 +0000
The U.S. Supreme Court on Tuesday gave its stamp of approval to a government review process prized by high technology companies as an easy and cheap way to combat “patent trolls” and others that bring patent infringement lawsuits. The justices …
Wed, 25 Apr 2018 01:00:18 +0000
A U.S. appeals court this week favored humans over animals in a novel copyright lawsuit filed over a series of entertaining selfies taken by a monkey with a toothy grin. U.S. copyright law does not allow lawsuits that seek to …
Wed, 25 Apr 2018 01:00:08 +0000
Goldman Sachs Group Inc.’s asset-management unit, which oversees $250 billion for insurers, said an economic slowdown in the U.S. is the biggest investment risk for the industry for the first time since the financial crisis. “Insurers expressed a growi...
Wed, 25 Apr 2018 00:56:40 +0000
Brightway Insurance is continuing its expansion across the country with the opening of two new stores in Florida and South Carolina: Jeff Howard has opened Brightway, The Howard Agency in Charleston, S.C. Troy Novotny has opened Brightway, The Novotny ...
Wed, 25 Apr 2018 00:39:17 +0000
A traffic accident in southern North Korea has killed 32 Chinese tourists and four North Koreans, Chinese officials said Monday. Another two Chinese tourists were badly injured and were in ‘acutely serious condition,” the Foreign Ministry said in a sta...
Wed, 25 Apr 2018 00:06:16 +0000
The Federal Emergency Management Agency (FEMA) Region III and the West Virginia Division of Homeland Security and Emergency Management (WVDHSEM) hosted the first-ever West Virginia Flood Insurance Partners Roundtable in White Sulphur Springs, W.V. last...
Tue, 24 Apr 2018 23:01:39 +0000
San Diego, Calif.-based Cavignac & Associates has named Kathy Majam a senior account manager within its personal lines department. Majam serves as the main contact for clients whose accounts she has been assigned, she processes new and renewal policies...