December 12, 2019
Fri, 13 Dec 2019 00:22:17 +0000
Royal Caribbean Cruises Ltd.’s potential liability for a deadly excursion to a volcanic island in New Zealand could hinge on whether the eruption was an unforeseeable “act of God,” according to maritime lawyers. Cruise ship passengers were among the to...
Thu, 12 Dec 2019 22:24:48 +0000
Topa Insurance Group President and CEO John Donahue has announced his resignation from Topa Insurance Group at the end of this year. Donahue relocated to Southern California nearly six years ago for the leading role, and his decision to resign …
Thu, 12 Dec 2019 17:57:39 +0000
A judge is allowing a South Carolina hemp farmer arrested after authorities said he grew the crop in unregistered fields to harvest some of his crop and put the money in a trust as he awaits trial. The State Law …
Thu, 12 Dec 2019 17:37:47 +0000
A Utah woman sued Mississippi’s Fair Commission for negligence and emotional anguish, saying she went airborne on a 40-foot (12-meter) super slide and injured her back. Lindsay Casperson of Kaysville, Utah, filed the lawsuit against the State Fair Comm...
Thu, 12 Dec 2019 17:24:03 +0000
Ten former National Football League (NFL) players have been charged for their alleged roles in a nationwide fraud on a health care benefit program for retired NFL players, the Department of Justice said. The alleged fraud targeted the NFL Player …
Thu, 12 Dec 2019 16:40:55 +0000
The U.S. Supreme Court this week declined to hear an appeal brought by insurance agents of American Family Insurance Co. who have claimed they were wrongly classified as independent contractors and denied benefits. The high court’s decision to not revi...
Thu, 12 Dec 2019 15:55:27 +0000
The votes have been tallied and the results are in for the 2019 Best Independent Insurance Agency to Work For survey by Insurance Journal. The winners have been chosen by employees. Employees of the Best Agencies to Work For in …
Thu, 12 Dec 2019 14:46:43 +0000
China-based cloud fintech platform OneConnect Financial Technology Co. cut its planned U.S. initial public offering set for Thursday by almost half. The company, one of several Ping An Insurance (Group) Co. businesses backed by SoftBank Group Corp., sa...
Thu, 12 Dec 2019 14:42:02 +0000
AXA XL has welcomed Senior Underwriters Odette Novoa and Erica Delaney to its Environmental insurance team in New York. Both have joined AXA XL’s Northeast regional environmental underwriting team and report to Hiral Shah, head of Environmental for the...
Thu, 12 Dec 2019 14:33:36 +0000
In a television commercial that’s become part of the lore surrounding Donald Trump’s affinity for McDonald’s Corp., he embraced a purple, lumpy denizen of the fast-food chain’s “McDonaldland” and said, “Together, Grimace, we could own this town.” He wa...
Thu, 12 Dec 2019 14:18:40 +0000
Omaha National, an Omaha, Nebraska-headquartered workers’ compensation insurance and payroll services provider serving small and midsize employers, has announced it is expanding coverage to New Jersey. New Jersey is the eighth state in which Omaha Nati...
Thu, 12 Dec 2019 14:03:01 +0000
The two main parties in Britain’s election on Thursday offer contrasting plans on spending, tax, the role of the state, trade unions and Brexit. Below is a summary of the main economic policies of Prime Minister Boris Johnson’s Conservative Party …
Thu, 12 Dec 2019 13:52:07 +0000
North Korean state-backed hackers appear to be cooperating with Eastern European cybercriminals, a report said on Wednesday, a finding that suggests digital gangsters and state-backed spies are finding common ground online. Mountain View, California-ba...
Thu, 12 Dec 2019 13:50:51 +0000
Steven Cote initially entered the insurance business because of a neighbor, and now as president of Chalmers Insurance Group, he aims to ensure the agency always gives back to its neighboring communities. “Understanding the hard work, collaboration and...
Thu, 12 Dec 2019 13:26:54 +0000
A $1.7 million email phishing fraud that included phone calls with a fake lawyer and an intervention by a Wells Fargo fraud investigator is still a fraud and Ironshore Indemnity is liable for the claim, a split panel with the …
Thu, 12 Dec 2019 06:54:21 +0000
Stonetrust Commercial Insurance Co., based in Baton Rouge, Louisiana, has hired Brandon Lege as director of Loss Prevention and John Moore as a production underwriter. Lege was formerly the safety and training manager for Texas Petroleum Investment Co....
Thu, 12 Dec 2019 06:53:26 +0000
A Saranac, Michigan egg producer will pay $93,000 and provide other relief to settle a federal disability harassment and retaliation lawsuit, according to the U.S. Equal Employment Opportunity Commission (EEOC). The EEOC had charged that Herbruck Poult...
Thu, 12 Dec 2019 06:24:05 +0000
An Atmosphere of Caring The employees at the Central Texas-based independent insurance agency, The Nitsche Group, can’t seem to say enough about how proud they are of the great service the agency provides to its customers. Responding to Insurance Journ...
Thu, 12 Dec 2019 06:17:43 +0000
Nurturing the Entrepreneurial Spirit One of five core values that guide the operations of DSP Insurance Services in Schaumburg, Ill., states: “We will respect and support all employees.” The agency also pledges that it will “treat our employees as our …
Thu, 12 Dec 2019 06:15:59 +0000
Attorneys for Johnson & Johnson have appealed an Oklahoma judge’s order for the company to pay $465 million to address the state’s opioid crisis. The company argues in an appeal filed on Dec. 9 that the judge misapplied the state’s …
Thu, 12 Dec 2019 06:06:46 +0000
The Missouri Court of Appeals has ruled that insurance providers for the city of Columbia must pay $5.3 million to a man who spent nearly a decade in prison before his conviction for killing a Columbia sports editor was vacated. …
Thu, 12 Dec 2019 06:00:40 +0000
Canadian farmers — grappling with with lower crop income, adverse weather and a trade dispute with China — are using precision-agriculture technology aimed at reducing lending and insurance costs. Collecting intricate crop data allows individual farmer...
Thu, 12 Dec 2019 06:00:34 +0000
Alliant Insurance Services Inc. has added Los Angeles, Calif.-based Jennifer Blair to its West Coast employee benefits team. Blair will service an array of organizations across the region. Blair’s background includes employee benefits, human resources,...
Thu, 12 Dec 2019 06:00:24 +0000
Harvey Weinstein, the disgraced film mogul charged with rape, reached a tentative $47 million settlement with accusers, potentially putting an end to many of the civil complaints against him, according to a person with knowledge of the situation. The m...
Thu, 12 Dec 2019 06:00:18 +0000
You control your own destiny. That’s a cliche, but one would be hard-pressed to find a better way to summarize the mindset at EPG Insurance. The Scottsdale, Ariz.-based firm has lately been rolling out a “future org” chart at meetings …
Thu, 12 Dec 2019 06:00:17 +0000
Wyoming Gov. Mark Gordon is asking for a federal disaster declaration to help farmers affected by cold weather in October. Two cold spells with warm weather in between harmed sugar beet crops in northern and southeastern Wyoming. The first cold …
Thu, 12 Dec 2019 06:00:15 +0000
A government safety inspector who saw a popular New York City, doors-off sightseeing helicopter flight operation six months before a fatal 2018 crash called it “unorthodox,” but officials thought they had no authority to regulate it and allowed it to …
Thu, 12 Dec 2019 06:00:15 +0000
The 2020 outlook for the French insurance sector is negative, reflecting growing pressures on the property/casualty insurers’ profitability from low interest rates, Moody’s Investors Service said in a report. Moving further away from traditional guaran...
Thu, 12 Dec 2019 06:00:07 +0000
Mylo in Kansas City, Mo., has named Belen Tokarski chief operating officer. Tokarski has served as senior vice president, chief of strategy – commercial lines since August. Tokarski has more than 20 years of experience. Before joining Mylo, she was …
Thu, 12 Dec 2019 06:00:03 +0000
A federal agency awarded Alaska a $35.8 million federal grant to support earthquake disaster recovery efforts, officials said. The Department of Housing and Urban Development awarded the grant in response to the damaging quake that struck parts of sout...