October 15, 2018
Tue, 16 Oct 2018 05:03:55 +0000
Oklahoma Insurance Commissioner Election 2018 The office of the insurance commissioner in Oklahoma is an elected position. The current commissioner, John D. Doak, is term limited and cannot run again; his successor will be determined in the general ele...
Tue, 16 Oct 2018 05:00:42 +0000
Millions of people are expected to drop, cover and hold on at 10:18 a.m. PST on Thursday, which should be a good opportunity for insurance agents to try and sell some policies, according to the head of the California Earthquake …
Tue, 16 Oct 2018 05:00:42 +0000
Stormy Daniels’s libel lawsuit over a tweet by Donald Trump accusing her of “a total con job” was thrown out by a judge who said the president was engaging in free speech. The adult film star, whose real name is …
Tue, 16 Oct 2018 05:00:40 +0000
The U.S. government, in an effort to increase pressure on drugmakers to lower costs for U.S. consumers, said on Monday it will propose requiring companies to include the price of their prescription medicines in television ads. Health and Human Services …
Tue, 16 Oct 2018 05:00:21 +0000
National wholesale brokerage, managing general agent and program underwriter Worldwide Facilities has announced a restructuring that reorganizes operations into three divisions: Worldwide Brokerage, Worldwide MGA, and Worldwide Programs. The move is in...
Tue, 16 Oct 2018 05:00:04 +0000
A group of young Americans suing the federal government over lack of action to fight climate change can proceed with their lawsuit, but U.S. President Donald Trump cannot be named as a defendant, a federal judge ruled on Monday. The …
Tue, 16 Oct 2018 04:53:09 +0000
Seeman Holtz Property & Casualty, Inc. has acquired Allstar Assurance, headquartered in Weston, Fla. Allstar Assurance has been serving south Florida for over 14 years offering multi-line property and casualty insurance coverage for commercial, persona...
Tue, 16 Oct 2018 04:52:28 +0000
Florida’s insurance regulator has issued an emergency order that ensures “additional protections” to Florida policyholders – including freezing any rate hikes for 90 days – to support recovery efforts in areas impacted by Hurricane Michael. The ord...
Tue, 16 Oct 2018 04:51:42 +0000
International Marine Underwriters (IMU), a member of OneBeacon Insurance Group, has expanded its product offering with information risk coverage to address a broad range of cyber incidents including data breach, threat of intrusion or interference with...
Tue, 16 Oct 2018 04:48:38 +0000
For the second time this year, a large fire has torn through American Furniture Company in northern Pontotoc County. Pontotoc County Fire Coordinator Adam Patton tells the Northeast Mississippi Daily Journal that the fire was reported around 6 a.m. Sat...
Tue, 16 Oct 2018 01:12:20 +0000
Energy Transfer Partners LP said on Monday that a West Texas pipeline would resume operations on Saturday as planned after the pipeline spilled water with nontoxic green dye and residual crude oil near Abilene, Texas. The spill went into Button …
Tue, 16 Oct 2018 00:58:46 +0000
California’s largest public utility cut off electric power to about 60,000 customers in an unprecedented move to prevent wildfires such as those that erupted in the state’s wine country last fall, as high winds threatened to topple trees and power …
Tue, 16 Oct 2018 00:03:57 +0000
Court documents show that two Minneapolis landlords accused of improper licensing and other violations have agreed to pay out $18.5 million to settle a class-action lawsuit filed by their tenants. The Star Tribune reports that the settlement was filed ...
Mon, 15 Oct 2018 23:53:03 +0000
Ohio’s Central Insurance Companies announced the election of Evan Purmort to chief marketing officer and Cindy Hurless to chief operating officer. As CMO, Purmort is responsible for the company’s regional operations, communications, distribution and in...
Mon, 15 Oct 2018 23:34:18 +0000
A New Jersey man who died from a rare “brain-eating amoeba” was likely exposed to it during his visit to a Texas water resort last month, health officials said. The Waco-McLennan County Public Health District said testing done by the …
Mon, 15 Oct 2018 20:48:58 +0000
San Francisco, Calif.-based Woodruff Sawyer has named Luke Parsons has a vice president in the private equity and transactional risk group. Parsons has experience working alongside private equity firms, family offices, alternative asset managers and th...
Mon, 15 Oct 2018 20:35:38 +0000
A.M. Best has revised the outlooks to stable from negative and affirmed the Financial Strength Rating of B+ (Good) and the Long-Term Issuer Credit Rating of “bbb-” of Aspire General Insurance Co. in Rancho Cucamonga, Calif. Aspire General is a …
Mon, 15 Oct 2018 16:59:19 +0000
Power outages caused by Hurricane Michael are likely to linger into early this week for some of the hardest hit communities in southwest Georgia. More than 188,000 homes and businesses still didn’t have power Friday. Crews and property owners worked …
Mon, 15 Oct 2018 16:54:27 +0000
California Insurance Commissioner Dave Jones has approved a filing from the Workers’ Compensation Insurance Rating Bureau’s that makes amendments to uniform statistical reporting and experience rating. The WCIRB submitted a regulatory filing and ensuin...
Mon, 15 Oct 2018 16:50:48 +0000
The Springfield, Missouri, school district has reached a settlement with a longtime secretary who claimed in a lawsuit that the district tried to fire her because of her age. The Springfield News-Leader reports the district agreed to pay Lynn Neff …
Mon, 15 Oct 2018 16:43:43 +0000
Desirée Binion has joined managing general agent and wholesale insurance broker, RPS, in the company’s Dallas office as an underwriter/broker. Binion will report to Rhonda Fomby, RPS area vice president and branch manager. Binion was previously with M...
Mon, 15 Oct 2018 16:35:34 +0000
A report by a federal agency says some of the tactics used by the San Antonio fire department to battle a shopping center blaze last year that killed one firefighter made conditions worse inside the structure. The San Antonio Express-News …
Mon, 15 Oct 2018 16:33:42 +0000
An estimated 130,000 Houstonians affected by Harvey were overlooked in the city’s original housing needs assessment, according to the Houston Housing and Community Development Department. To fix the previously neglected damage, the city needs an extra ...
Mon, 15 Oct 2018 16:28:14 +0000
Apex Benefits, headquartered in Indianapolis, has named Stan Jackson as chief innovation officer. In this newly created role, Jackson will be responsible for leading the development of products, services and capabilities necessary for Apex to continue ...
Mon, 15 Oct 2018 16:20:46 +0000
American Financial Group Inc., based in Cincinnati, Ohio, is acquiring ABA Insurance Services Inc. (ABAIS) from American Bankers Mutual Insurance Ltd. (ABMI). Based in Shaker Heights, Ohio, ABAIS provides directors and officers (D&O) and other compleme...
Mon, 15 Oct 2018 16:17:41 +0000
The Federal Trade Commission (FTC) and Justice Department have concluded their competitive review of the proposed acquisition of London-based re/insurance broker Jardine Lloyd Thompson Group (JLT) by New York-headquartered Marsh & McLennan Companies (M...
Mon, 15 Oct 2018 14:53:54 +0000
Two more Washington State Patrol troopers plan to sue the state over carbon monoxide poisoning, bringing the total number of troopers intending to sue to seven. KOIN-TV reported Trooper Chad Prentice of Vancouver and Trooper Beth Joswick of Tacoma are …
Mon, 15 Oct 2018 14:49:38 +0000
Rapid population growth and the desire to live near forests means new housing in western Montana is being built in wildfire-prone areas, increasing taxpayer-funded fire suppression liabilities and putting lives and property in danger, according to a ne...
Mon, 15 Oct 2018 14:45:10 +0000
Potentially powerful winds combined with dry weather are raising the threat of wildfires in California. State firefighters say they are preparing for potential extreme fire weather early in the week. The National Weather Service has issued warnings for...
Mon, 15 Oct 2018 14:24:16 +0000
Valerie Butt has been named Head of Casualty for Zurich North America Commercial Insurance. Butt will lead the casualty business with responsibility for new and renewal business. Butt takes on the role that was vacated when Brandon Fick was named …