Tue, 27 Jun 2017 05:21:40 +0000
XL Catlin has entered into an exclusive underwriting agreement with The McGowan Companies to provide workplace violence insurance to U.S. businesses. Nearly two million American workers are victims of workplace violence each year, according to the Occu...
Tue, 27 Jun 2017 05:11:58 +0000
A former teacher and volleyball coach is receiving a $500,000 settlement in a lawsuit against a Kentucky school district where she said she became the victim of a retaliation campaign for advocating for equal treatment of male and female athletes. …
Tue, 27 Jun 2017 05:01:08 +0000
Gov. Rick Scott has tapped Jimmy Patronis, a member of the Florida Public Service Commission and a former Florida State Representative, as Florida’ next chief financial officer, according to a statement from the governor’s office. “I am honored to appo...
Tue, 27 Jun 2017 05:00:46 +0000
Apple Inc. is working with Cisco Systems Inc. to help businesses that primarily use gear from both companies to get a discount on cyber-security insurance premiums, Apple Chief Executive Officer Tim Cook said on Monday. Sharing a stage with Cisco CEO …
Tue, 27 Jun 2017 04:05:25 +0000
Nan D. Brunson has been appointed full-time president & CEO of Gulfstream Property & Casualty Insurance Co. and its affiliates, as well as president & CEO of Catawba Insurance Co. Brunson currently serves as vice president of Business Development at …
Tue, 27 Jun 2017 01:35:31 +0000
At least three Republican senators said they would vote to block the current version of their party’s health-care bill from advancing, endangering Majority Leader Mitch McConnell’s plan to repeal Obamacare.Republican Susan Collins of Maine late Monday ...
Tue, 27 Jun 2017 01:23:30 +0000
Alliant Insurance Services Inc. has emerged as the front-runner to buy Wells Fargo & Co.’s insurance business, people familiar with the matter said. The San Francisco-based bank could announce a sale of its Wells Fargo Insurance Services USA brokerage ...
Mon, 26 Jun 2017 16:54:34 +0000
  Floodwaters from Tropical Storm Cindy covered timberland and fields across the rural Deep South on Saturday, but the sun peeked out enough to offer hope that the worst was over. Swollen by heavy rains and flowing quickly, the Chickasawhay …
Mon, 26 Jun 2017 16:29:44 +0000
The Texas Supreme Court has refused to block a sex and race discrimination lawsuit filed against the University of Texas by former women’s track coach Bev Kearney, who was forced out after the school learned of a romantic relationship with …
Mon, 26 Jun 2017 16:26:59 +0000
Tulsa County has agreed to pay nearly $138,000 to a former sheriff’s deputy to settle a wrongful termination lawsuit that claimed he and others were ousted in fallout from the fatal shooting of an unarmed black man in 2015. County …
Mon, 26 Jun 2017 16:25:49 +0000
Lloyd’s of London is planning to cut 10 percent of its staff in the UK as the world’s oldest insurance market looks to streamline operations and reduce costs amid continued pricing pressure on its members. Lloyd’s plans to introduce a …
Mon, 26 Jun 2017 16:22:49 +0000
A federal judge in St. Louis on June 20 approved a $1.5 million settlement in a wrongful death lawsuit filed by Michael Brown Sr. and Lezley McSpadden. Their 18-year-old son was unarmed on Aug. 9, 2014, when he was fatally …
Mon, 26 Jun 2017 16:15:09 +0000
A U.S. jury has ordered Syngenta AG to pay $217.7 million to more than 7,000 Kansas farmers over its decision to commercialize a genetically modified strain of corn before China approved importing it. The June 23 verdict by a federal …
Mon, 26 Jun 2017 16:10:25 +0000
AF Group, headquartered in Lansing, Mich., has appointed Eric Halter as director of AF Specialty, a new brand focused on providing fronting capacity to insurance carriers, managing general agents, reinsurance intermediaries and captive managers. Halter...
Mon, 26 Jun 2017 16:07:55 +0000
Existing European Union insurance policies should stay in place after Britain leaves the bloc because the process of dividing them into British and EU contracts would be too complex, Lloyd’s of London Chief Executive Inga Beale said. The Lloyd’s of …
Mon, 26 Jun 2017 16:03:24 +0000
A report released in May by the Texas Department of Insurance – Division of Workers’ Compensation shows that while the number of compounded drug prescriptions in the workers’ comp system grew between 2010 and 2014, there was a steady decrease …
Mon, 26 Jun 2017 15:12:51 +0000
Catastrophe risk modeling firm AIR Worldwide announced it has released a Crop Hail Model for Canada to provide crop insurers with a probabilistic view of crop hail risk in Canada. Based on 10,000 simulations of potential annual hail activity, the …
Mon, 26 Jun 2017 15:09:27 +0000
Ryan Specialty Group (RSG) announced that Dawn D’Onofrio has been promoted to chief executive officer and president of WKFC Underwriting Managers and CorRisk Solutions. D’Onofrio previously served as chief underwriting officer for both RSG subsidiaries...
Mon, 26 Jun 2017 14:55:37 +0000
A 27-year-old Utah college student with HIV has reached a settlement with a tattoo parlor that denied him service based on his medical condition. The Salt Lake Tribune reported that denying the student service was a violation of the Americans …
Mon, 26 Jun 2017 14:52:06 +0000
Utah officials have reached a $300,000 settlement with a man accused of starting a 2012 fire that led to the evacuation than 1,000 northwestern Utah homes. The Daily Herald reported the Utah County Commission approved the settlement with Kenneth Nielsen …
Mon, 26 Jun 2017 14:39:03 +0000
California Association of Health Underwriters President Rick Coburn applauded actions taken by Assembly Speaker Anthony Rendon, D-Lakewood, to sideline a bill that would create a single payer healthcare system in the state until next year. The Speaker ...
Mon, 26 Jun 2017 14:34:23 +0000
Insurer Hartford Financial Services Group Inc. said on Monday it would transfer $1.6 billion, or 29 percent, of its pension liabilities to Prudential Financial Inc. Hartford is the latest U.S. firm to transfer its pension obligations as rising interest...
Mon, 26 Jun 2017 14:28:28 +0000
The U.S. Supreme Court agreed on Monday to take up a case that promises broad implications for when corporate insiders who blow the whistle on alleged misconduct can be shielded from retaliation by their employers. The justices will hear Digital …
Mon, 26 Jun 2017 13:41:08 +0000
A former payroll manager at a Connecticut software company has been sentenced to two years in federal prison after she acknowledged stealing $1.7 million from her job. The U.S. attorney’s office says 46-year-old Penny Roy, of Wethersfield, Conn., was s...
Mon, 26 Jun 2017 13:14:36 +0000
A Massachusetts jury has recently awarded $750,000 to a man who suffered severe leg injuries while working for a landscaping business that did not carry workers’ compensation insurance. A lawyer for 52-year-old Jose Hernandez tells The Berkshire EagleÂ...
Mon, 26 Jun 2017 13:12:56 +0000
As Congress tries to figure out how to change the federal flood insurance program to encourage more private insurer involvement, one insurer isn’t waiting to wade deeper into the private flood insurance business. Florida-based HCI Group is looking to ...
Mon, 26 Jun 2017 12:58:32 +0000
Authorities say a 22-year-old New York woman and three other people have been charged in the killing of the woman’s mother for insurance money. The Wayne County Sheriff’s Office says the suspects include 52-year-old Julie Martin’s daughter, from Sodus,...
Mon, 26 Jun 2017 12:54:58 +0000
A Middlesex County, N.J., man has been charged with insurance fraud and theft by deception for allegedly impersonating his deceased mother to obtain cheaper renters insurance under her senior-discounted policy and for falsifying claims for jewelry and ...
Mon, 26 Jun 2017 12:06:46 +0000
Spencer Houldin is chairman of the nation’s largest and oldest agents’ association, the Independent Insurance Agents and Brokers of America (Big “I”). He is also co-president of the family-run Ericson Insurance Advisors, an 80-year old agency serving t...
Mon, 26 Jun 2017 11:21:29 +0000
Israeli energy conglomerate Delek said its planned sale of a controlling stake in Israeli insurer Phoenix Holdings to China’s Fujian Yango Group has been called off by both sides after it failed to secure regulatory approval. It did not give …