Fri, 16 Nov 2018 22:22:49 +0000
A report out on Friday shows 23,044 homes with a total reconstruction cost value of $8.6 billion are at high or extreme risk of wildfire damage within the perimeters of the Camp Fire in Northern California and the Woolsey Fire …
Fri, 16 Nov 2018 17:55:36 +0000
Troy, Missouri-based Town and Country Insurance Agency has hired Angie Delle as a Medicare specialist and producer. Delle will handle everything from Centers for Medicare & Medicaid Services (CMS) compliance and field underwriting to customer service a...
Fri, 16 Nov 2018 17:48:39 +0000
Snow arrived early in eastern Missouri this year, forcing hundreds of schools and many businesses to close on Nov. 15 and causing numerous traffic accidents. The snowstorm moved into the region Wednesday night and had dumped 4-6 inches (10-15 centimete...
Fri, 16 Nov 2018 17:39:01 +0000
At its recent annual meeting, the Texas Surplus Lines Association Inc. elected Matt Leicht, owner/underwriter at the Houston-based wholesale insurance firm, Craig & Leicht, as the group’s president. Jennifer Mier, executive vice president with AmWINS G...
Fri, 16 Nov 2018 17:37:45 +0000
British Prime Minister Theresa May won the backing of the most prominent Brexiteer in her government on Friday as she fought to save a draft European Union divorce deal that has stirred up a plot to force her out of …
Fri, 16 Nov 2018 17:28:30 +0000
A Michigan man who pled guilty to participating in a multi-state staged auto accident/insurance fraud scheme has been sentenced to prison, according to the United States Attorney’s Office. Marvin David Ramirez, 45, of Grand Rapids, Michigan, was senten...
Fri, 16 Nov 2018 17:18:20 +0000
A Houston company has recalled nearly 3.5 tons (2.72 metric tons) of ready-to-eat chicken salad that regulators say may be contaminated with listeria. The U.S. Department of Agriculture on Nov. 14 announced the recall by Ron’s Home Style Foods. The …
Fri, 16 Nov 2018 17:15:38 +0000
Mel Anderson, deputy commissioner at the Arkansas Insurance Department (AID), has received the Robert Dineen Award for Outstanding Service and Contribution to the State Regulation of Insurance from the National Association of Insurance Commissioners (N...
Fri, 16 Nov 2018 15:55:07 +0000
S&P Global Ratings expects both the primary insurers and reinsurers to be able to absorb losses from the California wildfires, limiting them to an earnings event. However, the mounting bills from more frequents large wildfires in the state against a …
Fri, 16 Nov 2018 15:30:40 +0000
CREST Insurance Group LLC of Arizona has named Heather Perrin chief operations officer. Perrin will reside at the company headquarters located in Tucson, Ariz., and will oversee operations at the Arizona branches located in Scottsdale, Flagstaff, and S...
Fri, 16 Nov 2018 15:23:06 +0000
A California judge has granted an expedited trial in the case of a California couple suffering from cancer who sued Bayer AG’s Monsanto unit, alleging the company’s glyphosate-containing weed killer Roundup caused their disease. The order by Superior C...
Fri, 16 Nov 2018 15:02:07 +0000
The owner, doctor and attorney involved with a medical clinic in Brooklyn, N.Y., have been charged for their alleged participation in a $1 million auto insurance fraud scheme. New York State Attorney General Barbara D. Underwood announced a 61-count in...
Fri, 16 Nov 2018 14:59:41 +0000
Liberty Mutual has introduced a new distribution model for the U.S. in an effort to improve broker access to the insurer’s full suite of commercial and specialty insurance products. Shaun Kelly, president Global Risk Solutions Distribution, said in a s...
Fri, 16 Nov 2018 14:53:54 +0000
Deutsche Bank AG and Bank of America Corp. have been contacted by U.S. criminal investigators for information about transactions they handled for a small bank branch in Estonia that’s at the center of one of the biggest money-laundering investigations ...
Fri, 16 Nov 2018 14:24:49 +0000
More than 6 inches of heavy, wet snow fell in parts of northern New England on Tuesday in one of the first significant snowfalls of the season. Caledonia and Essex counties in northeastern Vermont reported 4 inches to 7.5 inches, …
Fri, 16 Nov 2018 14:21:14 +0000
A second South Carolina jury on Thursday failed to reach a verdict in the retrial of a case by a woman whose family said her long-term use of Johnson & Johnson’s baby powder led to her death from asbestos-related cancer. …
Fri, 16 Nov 2018 14:03:44 +0000
The Massachusetts Senate has scheduled two oversight hearings next month on issues stemming from the September natural gas explosions and fires in three communities. Senate leaders say the first hearing, planned for Dec. 4 in Boston, will examine the o...
Fri, 16 Nov 2018 13:50:38 +0000
Boeing Co. has been sued in what may be the first U.S. claim tied to the crash of Lion Air Flight 610, which dove into the Java Sea after taking off from Jakarta Oct. 29. Irianto, the father of Dr. …
Fri, 16 Nov 2018 12:35:51 +0000
Tokio Marine Holdings Inc.’s (TMHD) sale of two European reinsurance subsidiaries is likely to streamline its holdings and boost operational efficiency in the group’s underwriting businesses, Fitch Ratings said. RenaissanceRe Holdings is buying Tokio M...
Fri, 16 Nov 2018 11:21:33 +0000
The surprise resignation of an Indian tech billionaire has pulled corporate India deeper into the #MeToo firestorm that’s been sweeping through the American business community for more than a year. Walmart Inc. announced Tuesday that Flipkart co-founde...
Fri, 16 Nov 2018 11:00:36 +0000
The Travelers Companies has partnered with contractor company Gilbane, and Triax Technologies, a provider of Internet of Things (IoT) construction technology, to explore the potential safety benefits of wearable devices. According to the companies, Tra...
Fri, 16 Nov 2018 08:48:52 +0000
Leaving the European Union without a transitional trade deal would cost Britain about 6 percent of GDP — roughly four years of economic growth — compared with staying in the bloc, the International Monetary Fund said on Wednesday. The IMF, …
Fri, 16 Nov 2018 08:22:39 +0000
Hamilton Re Ltd., the Bermuda platform for Hamilton Insurance Group, announced that David Roache has joined the company in the position of senior vice president, head of Risk XS. Roache, who will report to reinsurance chief underwriting officer, Tim Du...
Fri, 16 Nov 2018 07:52:22 +0000
The U.K.’s hardline Brexit backers are making their move. If they get their way on new trade arrangements, they’ll face a test of gravity. Many of those plotting to oust Prime Minister Theresa May also favor reverting to basic World …
Fri, 16 Nov 2018 06:00:47 +0000
Between the devastating wildfires in California and the destructive forces of Hurricanes Florence and Michael on the East Coast earlier this fall, the property/casualty insurance market has been put to the test this season. The challenge has been great...
Fri, 16 Nov 2018 06:00:32 +0000
The hardest people to pin down in America’s labor market may be the gig workers: How many hours do they put in, where, and just how many are out there? The Labor Department, in a report Wednesday, said there are …
Fri, 16 Nov 2018 05:55:37 +0000
A Kentucky woman was sentenced to five years in prison and ordered to pay $1.6 million in restitution for crop insurance fraud. The U.S. attorney’s office in Lexington said 63-year-old Debra Muse of the Wallingford community in Fleming County was …
Fri, 16 Nov 2018 05:50:34 +0000
West Virginia Gov. Jim Justice has made three appointments to the state’s Office of Miners’ Health Safety and Training. The Charleston Gazette-Mail reports that Justice said in a news release that he appointed Eugene White to replace the retiring Greg …
Fri, 16 Nov 2018 05:47:13 +0000
Worldwide Facilities, a national wholesale insurance brokerage, managing general agent and program underwriter, has added Angela Davis as a healthcare broker to its brokerage team. Davis began her insurance career in 2003; prior to joining Worldwide Fa...
Fri, 16 Nov 2018 05:16:36 +0000
ProWriters has launched Cyber Insurance Portal exclusively for insurance agents and brokers that is designed to streamline the insurance comparison process by allowing brokers to instantly compare rates for their clients from multiple carriers. The Cyb...