Mon, 22 Apr 2019 15:17:54 +0000
Wisconsin has seen a steep decline in net migration of families with children and this could be problematic for efforts to replace the state’s aging workforce, according to a new report. The Wisconsin Counties Association’s nonpartisan research arm, Fo...
Mon, 22 Apr 2019 15:09:56 +0000
Montana Gov. Steve Bullock has signed a bill to make it easier for firefighters to receive workers’ compensation for cancer and other occupational diseases. The bill signing ends a 20-year fight for firefighters’ workers’ compensation claims to be pres...
Mon, 22 Apr 2019 15:02:07 +0000
Legislation that increases speed limits on Oklahoma turnpikes and some state highways has been signed into law by Gov. Kevin Stitt. The bill signed by Stitt last week increases turnpike speed limits from 75 to 80 mph and from 70 …
Mon, 22 Apr 2019 14:52:58 +0000
The Honolulu City Council has advanced two bills aimed at providing regulations on short-term vacation rentals on Oahu. Both bills now go back to the Council Planning Committee, as interim Council Chairwoman Ann Kobayashi proposes a new draft of Bill …
Mon, 22 Apr 2019 14:50:54 +0000
An unlicensed marijuana dispensary sold cannabis sprayed with a dangerous pesticide, the city of Los Angeles said in a lawsuit that’s part of a wide-ranging crackdown on illegal pot sales. Marijuana sold at Kush Club 20 contained paclobutrazol, a fungi...
Mon, 22 Apr 2019 14:48:38 +0000
An Oregon county has agreed to pay $100,000 to a black employee who sued after a co-worker pinned up a Blue Lives Matter flag in the office. The Oregonian/OregonLive reported that Karimah Guion-Pledgure alleged in her January lawsuit against Multnomah …
Mon, 22 Apr 2019 14:45:25 +0000
SCOR Global P&C grew its gross written premiums by 9.6 percent, at constant exchange rates, to €548 million ($616 million), during the April 1 reinsurance renewals. In the aftermath of the events in 2018, catastrophe reinsurance treaties “responded r...
Mon, 22 Apr 2019 14:02:20 +0000
The U.S. Supreme Court will consider whether federal law bars employers from discriminating on the basis of sexual orientation and gender identity, accepting cases that could let the court’s new conservative majority put its imprint on the American wor...
Mon, 22 Apr 2019 13:50:34 +0000
The initial insured property losses for extratropical cyclone “Dragi-Eberhard,” which hit the British Isles, and Western and Central Europe on March 9-10, 2019, are estimated at €740 million ($831.8 million), according to PERILS, the independent Zuri...
Mon, 22 Apr 2019 13:05:50 +0000
Hannover Re announced it is scaling back its exposure to coal-fired power plants and coal mines, joining a growing list of re/insurers that have made similar moves. In addition to excluding coal-based projects from its investment portfolio, Hannover Re...
Mon, 22 Apr 2019 13:04:18 +0000
Everest Insurance has hired Dawn Gregg as a vice president within the Risk Management division. In this role, Gregg will focus on growing the Everest Insurance portfolio of large primary casualty risk management accounts within the Eastern region. She ...
Mon, 22 Apr 2019 12:51:16 +0000
The Rhode Island Supreme Court has vacated a lower court’s decision that ruled in favor of a swimming pool retailer sued by the parents of a 4-year-old boy who drowned in one of their pools. Raymond Oliver and Tiffany Gear …
Mon, 22 Apr 2019 12:44:58 +0000
The 2016 death of a Northfield Highway Department worker has led to the passage of bill aimed at improving workplace safety for New Hampshire’s public sector employees. The bill, which passed the House last month and won unanimous support Thursday …
Mon, 22 Apr 2019 12:37:39 +0000
A combination of warm weather, rain and melting snow was feeding floodwaters in low-lying areas of Vermont, New Hampshire and Maine on Saturday. No injuries were reported, but in Vermont the Stowe swift water rescue team was staging in the …
Mon, 22 Apr 2019 12:28:39 +0000
The overall cost to large businesses of defending against class action lawsuits continues to rise even as the number of companies sued falls. This is happening because more companies being sued are facing multiple suits and the cases have become …
Mon, 22 Apr 2019 11:27:04 +0000
British football fans should be wary of rooting for their team by making them a password. Liverpool, Chelsea, Arsenal, Manchester United and Everton are all passwords that have been compromised hundreds of thousand of times, according to research publi...
Mon, 22 Apr 2019 10:05:47 +0000
Cytora, the London-based provider of artificial intelligence-powered solutions for the commercial insurance industry, announced it has raised £25 million ($32.5 million) in new financing, which will be used to accelerate expansion of the company’s pro...
Mon, 22 Apr 2019 08:51:23 +0000
Sompo International Holdings Ltd., the Bermuda-based specialty provider of property and casualty re/insurance, announced that Thomas Brazil will become chief executive officer of SI Insurance (Europe), SA, the company’s platform for European Economic A...
Mon, 22 Apr 2019 07:43:41 +0000
Rebuilding Notre Dame, the 800-year-old Paris cathedral devastated by fire last week, will cost billions of dollars as architects, historians and artisans work to preserve the medieval landmark. But contrary to what one might think, little of the money...
Mon, 22 Apr 2019 05:47:32 +0000
The Surplus Lines Stamping Office of Texas (SLTX) reported that several bills that would affect the surplus lines insurance industry in the state have advanced in the state Legislature. HB 1940, relating to the eligibility of surplus lines insurers to …
Mon, 22 Apr 2019 05:45:52 +0000
Federal regulators say a Louisiana company that operates a fleet of off-shore work boats in the Gulf of Mexico discriminated against and fired employee due to perceived disability. The U.S. Equal Employment Opportunity Commission (EEOC) filed a disabil...
Mon, 22 Apr 2019 05:36:40 +0000
The Independent Insurance Agents of Houston (IIAH) has named David Wuthrich as the group’s new executive director. Wuthrich is a native Houstonian and has worked in the insurance industry for many years. Most recently, Wuthrich has been developing and ...
Mon, 22 Apr 2019 05:09:36 +0000
The families of victims of a mass shooting at a central Kansas business in 2016 have won a $2 million legal settlement from a pawn shop that sold the firearms to the shooter’s girlfriend. The settlement of three lawsuits in …
Mon, 22 Apr 2019 05:04:24 +0000
People struggling with chronic diseases joined doctors and other advocates in making the case on April 17 for a bipartisan proposal in the Wisconsin Legislature designed to make it easier for patients to get needed prescription drugs even when insurance …
Mon, 22 Apr 2019 05:00:23 +0000
After two consecutive years of combined ratios above 100, the U.S. property/casualty industry returned to a modest statutory underwriting profit in 2018 as catastrophe losses slowed, premium growth accelerated and several key product segments enjoyed f...
Mon, 22 Apr 2019 05:00:20 +0000
NFP has named Brandi Wentz a plan advisor for retirement services. Wentz will work in the Utah market with retirement plan committees and administrators on delivering NFP’s suite of retirement plan advisory, and other investment services. Wentz has wit...
Mon, 22 Apr 2019 05:00:03 +0000
An arsenal of new technology is being put to the test fighting floods this year as rivers inundate towns and farm fields across the central United States. Drones, supercomputers and sonar that scans deep under water are helping to maintain …
Mon, 22 Apr 2019 04:49:34 +0000
Valent Group, the risk consulting and insurance division of EBSCO Industries (EBSCO), has hired Kurt Close to lead its Birmingham, Ala.-based property and casualty broking and service departments. Close comes to Valent Group after from Travelers Insura...
Mon, 22 Apr 2019 04:17:47 +0000
AssuredPartners, Inc. is has acquired Premier Insurance Corporation, Inc. of Cape Coral, Fla. Premier specializes in property and casualty insurance, workers compensation, employee benefits, and life insurance. Premier and their team of seven employees...
Mon, 22 Apr 2019 01:25:35 +0000
Insurer Travelers Companies Inc.’s quarterly profit beat analysts’ estimates on Thursday, as improved underwriting and lower catastrophe losses offset a decline in net investment income, sending its shares to a more than one-year high. Shares of the Do...