Wed, 20 Mar 2019 18:00:39 +0000
After only a year into his job as CEO and president of the Insurance Institute for Business and Home Safety, Roy Wright is setting the place on fire. The IBHS conducted a demonstration in early March simulating an active wildfire …
Wed, 20 Mar 2019 17:51:42 +0000
Relation Insurance Services has named Sean Brennan an account executive at Pan American Insurance Services, a Relation company. Brennan will be based in Relation’s Walnut Creek, Calif., office. He will work on increasing Pan American’s footprint in the...
Wed, 20 Mar 2019 17:16:36 +0000
Since California implemented its workers’ compensation formulary last year, an increasing share of drugs prescribed to injured workers are either “Exempt” from prospective utilization review or “Not Listed” in the formulary, while “Non-Exempt” drugs th...
Wed, 20 Mar 2019 16:27:19 +0000
A Travis County body shop owner has been sentenced to 10 years of probation after pleading guilty to reporting wrecks that never took place and damaging vehicles to increase insurance payouts, the Texas Department of Insurance reported. The fraud took …
Wed, 20 Mar 2019 16:17:11 +0000
Farmers Mutual Hail Insurance Co. of Iowa (FMH) has a new web-based tool designed to help FMH insurance agencies identify growth opportunities. The new tool, called FMH Bridge, was developed in collaboration with FindBob, a tech start-up company focuse...
Wed, 20 Mar 2019 16:14:50 +0000
The Nebraska Farm Bureau president says farm and ranch losses to the devastating flooding could reach $1 billion in the state. President Steve Nelson estimates $400 million on crop losses because of crops that will be planted late _ if …
Wed, 20 Mar 2019 16:10:31 +0000
Firefighters on Wednesday extinguished a fire at a Mitsui & Co. petrochemical storage site outside Houston that has been billowing acrid smoke for days, the company said. The blaze at Mitsui unit Intercontinental Terminals Co. in Deer Park, Texas, was …
Wed, 20 Mar 2019 16:05:56 +0000
Ohio is suing a company that managed prescription benefits for the state Bureau of Workers’ Compensation, seeking to recover nearly $16 million in alleged overcharges for the fund for injured workers. Attorney General Dave Yost says OptumRx Administrat...
Wed, 20 Mar 2019 16:03:21 +0000
Baton, Rouge, Louisiana-based workers’ compensation insurer, LWCC, has hired David White as vice president, chief internal auditor. White brings over 40 years of audit experience in the insurance, reinsurance, telecommunications and retail industries, ...
Wed, 20 Mar 2019 14:47:30 +0000
The unexpected blizzard that swept through the Yakima Valley on Feb. 9 was just one more clobbering for the region’s dairy farms. The number of dairy farms in the state has plummeted from 2,500 in 1993 to 377 in 2018, …
Wed, 20 Mar 2019 14:41:39 +0000
Gov. Doug Ducey has chosen the head of the state’s insurance department to also serve as interim director of Arizona’s financial institutions agency while the two are consolidated. Keith Schraad has directed the Arizona Department of Insurance since Fe...
Wed, 20 Mar 2019 13:49:49 +0000
A Massachusetts Appeals Court has ruled that an insurance company is responsible for insuring alleged property damage caused by its subcontractor client, vacating an earlier Superior Court decision that the insurer has no duty to defend the subcontract...
Wed, 20 Mar 2019 13:47:52 +0000
Women suffer 70 percent of all nonfatal assault-related injuries involving days away from work and are disproportionately impacted by other safety issues, according to an analysis by the National Safety Council. The number of women who incurred assault...
Wed, 20 Mar 2019 13:09:09 +0000
Facebook Inc has agreed to change its paid advertising platform as part of a wide-ranging settlement to prevent discriminatory and “harmful” practices, the company and U.S. civil rights groups said on Tuesday. Under the agreement, Facebook will create ...
Wed, 20 Mar 2019 13:07:34 +0000
Meeker Sharkey & Hurley has appointed Peter Rosky as senior vice president and practice leader of Employee Benefits to lead the insurance agency’s team of employee benefits professionals. Meeker Sharkey & Hurley is a provider of employee benefits, risk...
Wed, 20 Mar 2019 12:55:40 +0000
A U.S. jury on Tuesday found Bayer AG’s glyphosate-based Roundup weed killer caused cancer, a blow to the company eight months after another jury issued a $289 million verdict over similar claims in a different case. Tuesday’s unanimous jury decision …
Wed, 20 Mar 2019 11:25:48 +0000
Norsk Hydro, one of the world’s largest aluminum producers, has made some progress restoring operations but is not yet back to normal after it was hit by a ransomware cyber attack, the company said on Wednesday. After the attack late …
Wed, 20 Mar 2019 11:07:42 +0000
Mozambique’s death toll from flooding in the wake of Cyclone Idai more than doubled as relief workers struggled to deal with the devastation wrought by the storm. The number of dead has increased to 202, Mozambique’s cabinet said, as it …
Wed, 20 Mar 2019 10:30:43 +0000
As one avenue for money launderers is shut, another one may be opening. In Denmark, home to Danske Bank A/S, the authorities are now taking a closer look at companies that provide payment services. The worry is that the chain …
Wed, 20 Mar 2019 10:13:37 +0000
PERILS AG disclosed its second loss estimate of A$633 million (US$449.2 million) for the hailstorms which affected the greater Sydney region on Dec. 20, 2018. The estimate also includes the losses from the storm activity in southeastern Queensland on D...
Wed, 20 Mar 2019 09:44:16 +0000
Britain’s messy divorce from the European Union is once again stuck between the demands of Theresa May’s divided government and the reality of what the bloc is willing to offer her — this time over how long the delay to …
Wed, 20 Mar 2019 09:17:16 +0000
As the Lion Air crew fought to control their diving Boeing Co. 737 MAX 8, they got help from an unexpected source: an off-duty pilot who happened to be riding in the cockpit. That extra pilot, who was seated in …
Wed, 20 Mar 2019 08:45:37 +0000
The ransomware attack crippling one of the world’s top aluminum makers is exposing how crucial sophisticated digital systems have become in the centuries-old industry of turning mined rock into metal products. Following a “severe” cyber-attack on Norsk...
Wed, 20 Mar 2019 08:30:06 +0000
Norsk Hydro ASA confirmed that a ransomware attack was behind production outages across the aluminum producer’s operations in Europe and the U.S. The perpetrators are still unknown but the work is similar to other recent breaches. The Norwegian company...
Wed, 20 Mar 2019 05:19:34 +0000
AmWINS Group, Inc., a global distributor of specialty insurance products and services, has partnered with Alliant Insurance Services to service the needs of waste clients nationwide. Alliant’s WasteAssure clients, come April 1, will have access to cove...
Wed, 20 Mar 2019 05:00:48 +0000
Should drivers using vehicles with autonomous features be trained on those features before they get behind the wheel? A new paper, “What Do We Tell the Drivers? Toward Minimum Driver Training Standards for Partially Automated Cars,” recently published ...
Wed, 20 Mar 2019 05:00:35 +0000
For Maine dairy farmer Fred Stone, the discovery in 2016 that his cows were producing tainted milk has since brought financial ruin and threatened to shut down a century-old family business. Now state regulators and health experts are investigating whe...
Wed, 20 Mar 2019 05:00:13 +0000
The U.S. National Highway Traffic Safety Administration said Friday it was seeking public comment on General Motors’ 15-month-old petition seeking approval to deploy a limited number vehicles on U.S. roads without steering wheels or other human control...
Wed, 20 Mar 2019 04:56:27 +0000
PERse (Power.Energy.Risk), a managing general underwriter specializing in property and casualty insurance products for energy and power production facilities with a specialized focus on renewable energy, has opened a new office in Miami, Fla., and made...
Wed, 20 Mar 2019 04:52:34 +0000
A North Carolina city has paid the family of a man who was hit and killed by a speeding police car in 2017. The Charlotte Observer reports the city of Charlotte paid $950,000 in December to the family of James …