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Today's Headlines

 
June 11, 2018
 
 

National

 

Air Ambulances' Sky-High Charges Leave Reimbursement Gaps, Lawsuits

When three-year-old West Cox's fever hit 107 degrees, doctors called a helicopter. Hours earlier, the toddler, who'd been prescribed an...
 

U.S. Allows China's Oceanwide Purchase of Insurer Genworth

A U.S. panel that reviews foreign investments for potential national security threats has approved China Oceanwide Holdings Group's...
 

Insurers' Earnings Volatility Tied to Equities Accounting Change

Many insurers and reinsurers are facing some earnings volatility in 2018 due to a change in accounting requirements for equity...
 

Tropical Cyclones Moving Slower Over Land: Study

A new study finds that tropical cyclones around the world are moving slightly slower over land and water, dumping more rain as they...
 

Insurance Journal's 2018 Young Agents Survey: Change Wanted

Young agents want change. They want more diversity in the agency sales ranks. They want better paths to grow in their careers. They want...
 

CEOs Need to Reassess, Reset to Stay Successful Midtenure

You've made it through your first year as CEO--assessing the business, formulating a vision and strategy, and building...
 
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East

 

Pennsylvania Urges Proper Coverage for Home-Based Businesses

Pennsyslvania Insurance Commissioner Jessica Altman is encouraging small business owners to ensure they have proper coverage and know how...
 

Maine Individual Insurers Seek Nine Percent Rate Hike

Two insurers on Maine's individual health insurance market are requesting lower-than-expected rate increases for 2019. Portland Press...
 

A.M. Best Assigns Credit Ratings to Delaware's Auto-Owners Specialty Insurance

A.M. Best has assigned a Financial Strength Rating of A- (Excellent) and a Long-Term Issuer Credit Rating of a- to Auto-Owners Specialty...
 
More East News »
 
 
 
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Midwest

 

Optional Auto Premium Cut for Seniors OK'd by Michigan Senate

Michigan drivers age 65 and older could avoid paying most of a mandatory insurance fee that covers unlimited medical benefits and instead...
 

In 2nd Year Back, Fireworks Industry Faces More Restrictions in Iowa

A year after firework sales returned to Iowa, many cities have implemented new restrictions as the fledgling industry tries to put itself...
 

Indiana's ONI Risk Partners Promotes Conerly

ONI Risk Partners (ONI), headquartered in Indianapolis, has promoted Calvin Conerly to director of client experience in the Employee...
 

Iowa Safety Regulators Fine Iowa Company over Workplace Safety Violations

An Iowa maker of wind turbine blades has been fined nearly $155,000 for multiple workplace safety violations. The Des Moines Register...
 

CNA Names Livingstone Chief Marketing Officer

Chicago-based CNA has appointed Jennifer Livingstone senior vice president and chief marketing officer, a newly created role. Livingstone...
 
More Midwest News »
 
 
 
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Southeast

 

Mississippi Agent Accused of Not Forwarding Premiums to Insurers

A cease and desist order has been issued to a Mississippi insurance agent accused of failing to forward premiums to the respective...
 

$151M West Virginia Chemical Spill Settlement Approved

A federal judge has given final approval of a $151 million settlement of a lawsuit stemming from a chemical spill into a West Virginia...
 

Survivors of Nightclub Shooting in Orlando Sue City, Police

Almost two years after a massacre at an Orlando nightclub left 49 people dead and 53 injured, some of the surviving victims were filing a...
 

West Virginia Coal Miner Killed on Job Site

West Virginia regulators say a 43-year-old coal miner has been killed on the job. The Office of Miners' Health, Safety and Training says...
 
More Southeast News »
 
 
 
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Assignment of Benefits Crisis in Florida
 
In this live webinar, our panel of experts will provide you with an overview of the AOB crisis in Florida and discuss how the insurance industry is responding.
 
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South Central

 

Industry Veteran Reissner Joins CoVerica Insurance as Sr. VP in Dallas

Dallas-based independent insurance agency, CoVerica, has added Paul Reissner as senior vice president to head up a new and expanded sales...
 

Texas' RHSB Adds 3 to Employee Benefits Practice

North Texas-based insurance broker, RHSB, has expanded its Employee Benefits practice with the addition of three experienced...
 

Plastic Contamination Leads to Recall of Tyson's Breaded Chicken

The U.S. Department of Agriculture says Springdale, Arkansas-based Tyson Foods is recalling more than 3,000 pounds of frozen chicken...
 

Part of Northern Oklahoma Shaken by Magnitude 4.4 Quake

The U.S. Geological Survey says a 4.4 magnitude earthquake shook parts of northern Oklahoma and neighboring Kansas. Geologists say the...
 
More South Central News »
 
 

West

 

California State Fund Says it Reduced Opioid Prescriptions by 60%

California's State Compensation Insurance Fund is reporting a significant reduction in the number of opioid prescriptions for injured...
 

Downed Power Lines Sparked Deadly California Fires, Investigation Shows

A dozen wildfires that burned thousands of homes in California's wine country and killed at least 15 people last October were started by...
 

Small Earthquake Triggered by Minor KIlauea Explosion

A small explosion on the summit of Kilauea volcano has triggered an earthquake but there are no reports of damage. The U.S. Geological...
 

OSHA Seeking $65K in Penalties in Colorado Envirotech Worker Death

Federal regulators are proposing nearly $65,000 in penalties for a Colorado company where a worker died after inhaling toxic fumes while...
 
More West News »
 
 
 
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International

 

Zurich Insurance Buys Minority Stake in InsurTech Startup CoverWallet

Zurich Insurance Group has acquired a minority stake in CoverWallet, a digital business insurance agency startup. CoverWallet, which...
 

Gallagher Acquires 65% Stake in Specialist Swiss Broker Hesse & Partner

Gallagher, the insurance broker, risk management services and consulting firm, broadened its footprint in continental Europe by acquiring...
 

RTG's Limehouse Agencies Buys Corporate Underwriting, Dublin-Based Marine Agency

Limehouse Agencies, part of Risk Transfer Group Ltd. (RTG), announced it has acquired Corporate Underwriting Ltd. (CUL), a specialist...
 

Arch Capital Chooses Dublin for Its Post-Brexit EU Headquarters

Bermuda-based Arch Capital Group Ltd. plans to expand the group's underwriting operations in Dublin to ensure continuity of its...
 

London Market's Electronic Placing Platform, PPL, Now Trades Aviation Risks

The London market's electronic placing platform, PPL Ltd., announced that aviation classes of business went live on the platform on June...
 

Integro Completes Acquisition of UK-Based Lloyd's Broker Tysers

Integro Insurance Brokers, the New York-based insurance brokerage and specialty risk management firm, has completed its acquisition of...
 

Property MGA EPUL Offers Online Terrorism Cover as Pool Re Alternative in UK

European Property Underwriting Ltd. (EPUL), the London-based commercial property managing general agent (MGA), has launched a flexible UK...
 
More International News »
 
 
 
 
 
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Insurance Journal Blogs and Columns

 

I Kind of Like Policy 2.0

If you're like me, it's pretty easy to get into a groove with work. Once you get used to a job, you kind of feel out the schedule and the...
 
More Blogs »
 
 

Insurance Journal TV

 
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Cyber Insurance Has 'Grown Exponentially,' as Tech-Driven BI Risk Increases, Parisi Says

Robert Parisi, managing director and cyber product leader at Marsh, spoke with Insurance...
 
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PLUS Cyber Symposium Panelists Address Cyber Threats and Business Interruption

Panelists from the 2018 PLUS Cyber Symposium, held in Chicago, Ill., spoke with Insurance...
 
Watch more videos at InsuranceJournal.tv »
 
 

New Discussions in the Forums

 

Total CSR Online Training Program - Does anyone know about this?

Posted: Fri Jun 8 -- My name is Justin Goodman our agency, Goodman Insurance Services is behind the creation of Total CSR. Our focus is on-boarding and training... goodmaninsurance
 
Go To Forums »
 
 

Reader Comments

 

J.D. Power: Why Lemonade's Policy 2.0 Matters

Posted: Tue Jun 5 -- Sorry, author, but the nation's insurance companies did not need a lesson from Lemonade. The industry recognizes the challenge in reading... CL PM
 

Supreme Court Says Colorado Erred in Gay Wedding Cake Case

Posted: Mon Jun 4 -- Wow! You don't see 7-2 very often these days. Pretty decisive Dave
 

Louisiana Insurance Man Rescues Elderly Woman from Kidnapping, Robbery

Posted: Tue Jun 5 -- And once again kids what stops a bad guy with a gun? You guessed it a good guy with a gun. Dennis, You are to be commended for your bravery... mrbob
 

AmTrust, Lacking Votes, Reschedules Meeting on Contested Going-Private Plan

Posted: Tue Jun 5 -- Glad to see Icahn throw a wrench in their plans to hide. The longer this goes on, the longer the SEC can keep watching them. State Insurance... hahaha
 

North Carolina Sued for Revoking Licenses Over Traffic Fines

Posted: Mon Jun 4 -- This isn't solely a 14 amendment issue, so let's not try to portray it as such. Suspending a person's driver license, which many need to be... Fair Playing Field
 
Go To Popular Comments »
 
 
 
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