Tue, 23 Apr 2019 20:18:58 +0000
California State Fund announced the rollout of a solution the worker’s comp carrier says will enable doctors to provide expedited care for injured workers. State Fund’s utilization review technology, called UR Connected, is designed to speed up the app...
Tue, 23 Apr 2019 20:08:47 +0000
Wildfires have evidently been driving more Californians into the surplus lines market, pushing up homeowners surplus premium volume to more than $122 billion in 2018, according to the Surplus Line Association of California. “We have seen over the last ...
Tue, 23 Apr 2019 17:40:20 +0000
Nonprofits Insurance Alliance of California has declared a $3 million dividend in 2019. The group will issue the dividend to its qualifying member-insured 501(c)(3) nonprofits renewing their policies from June 1, 2019, to May 31, 2020. NIAC’s dividend ...
Tue, 23 Apr 2019 17:34:51 +0000
Angel Estrada, 22, a formerly licensed insurance producer and owner of Angel Estrada Agency, swindled a national insurer out of more than $140,000 in commissions by writing bogus commercial insurance policies to earn large commissions, the California D...
Tue, 23 Apr 2019 16:59:23 +0000
Everest Insurance has released a new lawyers professional liability policy – Everest Elevation – designed to provide law firms with liability coverage for financial loss suffered by third parties arising from acts, errors, and omissions in providin...
Tue, 23 Apr 2019 16:42:01 +0000
The country’s largest electric company says it’s challenging an order by North Carolina’s environmental agency to excavate coal ash from all of its power plant sites in the state. Duke Energy Corp. said April 11 it will file an administrative …
Tue, 23 Apr 2019 16:41:21 +0000
California’s new commissioner wasn’t getting along so well on Earth Day with groups of climate change and consumer activists. California Insurance Commissioner Ricardo Lara, who put battling climate change on top of a liberal and consumer friendly plat...
Tue, 23 Apr 2019 16:38:05 +0000
The governing board of Kentucky Employers’ Mutual Insurance has recommended that its chief executive take a pay cut and lose his long-term job contract in favor of year-to-year probation. The Lexington Herald-Leader reports the action follows an audit ...
Tue, 23 Apr 2019 16:14:05 +0000
New research shows that increased tidal flooding caused by sea level rise has eroded $76.4 million in relative property values along the Texas coast between 2005 and 2017. That’s according to a peer-reviewed housing market study by data scientists from …
Tue, 23 Apr 2019 15:52:38 +0000
The Federal Emergency Management Agency (FEMA) has again turned to private reinsurance markets to help strengthen the financial framework of the National Flood Insurance Program (NFIP). Last week FEMA entered into a three-year reinsurance agreement, ef...
Tue, 23 Apr 2019 15:38:06 +0000
Most Chinese hog farms are choosing not to replenish herds as a deadly swine virus continues to spread across the world’s top pork market. More than 80 percent of farms are deciding not to restock, according to China’s Agriculture Ministry. …
Tue, 23 Apr 2019 14:59:53 +0000
The U.S. National Highway Traffic Safety Administration is investigating a possible deadly flaw in some 12.3 million vehicles that could prevent air bags from deploying in a crash. The agency is examining air-bag control units supplied by parts maker Z...
Tue, 23 Apr 2019 14:49:35 +0000
Axon Underwriting Services LLC, the Somerville, N.J.-based specialty lines program administrator, announced the formation of Axon Re to offer its cargo and stock throughput reinsurance program within the Latin American region. Axon Re will provide facu...
Tue, 23 Apr 2019 14:29:42 +0000
Federal officials say a Fort Worth, Texas-based company will pay $85,000 to settle an age discrimination lawsuit. The suit against Atlas Energy Group LLC was brought by the U.S. Equal Employment Opportunity Commission (EEOC). Under the settlement, Atla...
Tue, 23 Apr 2019 14:28:46 +0000
Portland, Ore. police say a man driving a stolen pickup truck 100 mph crashed into a sport-utility vehicle, killing an Uber passenger. Police believe the pickup truck driver was under the influence of intoxicants when he collided head-on with the …
Tue, 23 Apr 2019 14:27:52 +0000
Alliant Insurance Services has added Billy Crocker as vice president in its Austin office. Crocker joins Alliant with an extensive track record of results in the property/casualty insurance arena. He is highly regarded by clients for his ability to pro...
Tue, 23 Apr 2019 13:55:46 +0000
Harvey Weinstein’s former companies and their officers and directors were dismissed from a federal lawsuit filed by 10 women, who claim the firms and executives aided the alleged sexual misconduct that led to the movie mogul’s ouster. The women — …
Tue, 23 Apr 2019 13:35:40 +0000
When Miami Beach borrowed $162 million from Wall Street this week, it wanted investors to know rising seas and extreme weather are a real risk to the city and that it’s doing something about it. An increasing number of states …
Tue, 23 Apr 2019 13:21:51 +0000
World Insurance Associates LLC, an independent insurance agency headquartered in Tinton Falls, N.J., completed its 40th acquisition with Lampe-Batkin Associates LLC of Greenwich, Conn., on April 1, 2019. Lampe-Batkin Associates LLC is a family-run insu...
Tue, 23 Apr 2019 13:19:14 +0000
The owner of a home improvement company charged with manslaughter following the death of a worker is set for a court hearing. The Portland Press Herald reports the arraignment of Saco-based contractor, Shawn D. Purvis, is scheduled for May 20 …
Tue, 23 Apr 2019 13:09:52 +0000
It was about 6:30 on a Friday night in January when Phoenix Police Det. Kemp Layden pulled over a white Jeep Cherokee that was speeding and weaving in and out of its lane. The 47-year-old driver spoke slowly, his eyes …
Tue, 23 Apr 2019 12:43:16 +0000
Marsh and Guy Carpenter, both wholly owned subsidiaries of Marsh & McLennan Cos. (MMC), announced that, subject to regulatory approvals, they would combine their Latin American facultative reinsurance operations with those of Jardine Lloyd Thompson Gro...
Tue, 23 Apr 2019 12:31:20 +0000
Officials in Bridgewater, Mass., say a pickup truck with three people inside was hit by a commuter rail train after the truck driver apparently went around a railroad crossing gate. The Boston Globe reports the accident happened Saturday morning in …
Tue, 23 Apr 2019 11:05:54 +0000
Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance Group, has promoted Emmanuel Silvestre to deputy general manager of its French operation. He reports to Richard Deguettes, general manager for France. Based in Paris, Silvestre will reta...
Tue, 23 Apr 2019 08:43:54 +0000
A 6.4-magnitude earthquake struck the Philippines on Tuesday, hitting the central region hours after at least 15 people were killed by a tremor in the main Luzon island. Fourteen of the dead were from Pampanga province, among the hardest hit …
Tue, 23 Apr 2019 08:30:43 +0000
It’s a thin line where the patina of age on Europe’s countless monuments gives way to the onset of neglect. Like with so many loved ones, all is assumed to be fine, until suddenly it’s not. In the wake of …
Tue, 23 Apr 2019 05:00:46 +0000
Brown & Riding’s environmental practice group has added Tricia Katz to its team of environmental-focused insurance brokers. Katz works out of Denver, Colo. She specializes in assisting contracting risks with the placement of environmental products as w...
Tue, 23 Apr 2019 05:00:33 +0000
Johnson & Johnson wants a federal judge to take over more than 2,000 baby-powder lawsuits it faces instead of allowing the cases to be heard by state-court juries, where the company has a mixed record. The world’s largest maker of …
Tue, 23 Apr 2019 05:00:25 +0000
The American Association of Insurance Services has received approval for its cannabis businessowners policy (CannaBOP) program from the Colorado Department of Insurance. AAIS announced it filed for approval of the program in Colorado earlier this month...
Tue, 23 Apr 2019 05:00:20 +0000
Apple is being sued for $1 billion in damages by an 18-year-old college student who blames the company’s facial recognition software for his false arrest and for wrongly tying him to thefts at Apple stores in several states. The plaintiff …