Sponsored by: NSM Insurance Group. Insuring Those Who Care. Over 25 Years Of Experience Underwriting Hospice and Home Care Assistance. Click here for more information.
 
Insurance Journal
 
 

Today's Headlines

 
September 11, 2018
 
 

National

 

AXA to Complete Acquisition of XL Group Tomorrow

Axa announced today that it has obtained all regulatory approvals required to complete the proposed acquisition of XL Group Ltd....
 

CEO Duperreault Bets on Underwriting Culture, Greenberg Ways in Restoring AIG to Greatness

Brian Duperreault, who rejoined American International Group Inc. as chief executive officer last year to turn the company around,...
 

Hurricane Florence a Reminder of Flood Insurance Reforms Stalled in Congress

U.S. taxpayers who spent billions of dollars after a trifecta of hurricanes last year are poised to do so again after a fix to the...
 

Why Catastrophe Bonds Are Anything But a Disaster: Viewpoint

Leave it to catastrophe bonds to be among the most well-functioning debt markets out there. Issuance of "cat bonds" has climbed to more...
 

Verisk Company PCS Adds Global Cyber Industry Loss Index

Property Claim Services (PCS), a Verisk business, has enhanced its PCS Global Cyber service with coverage for cyber catastrophe events....
 

Could Hurricane Florence Cost Insurers $20 Billion?

Here's some grim back-of-the-envelope math for insurers: Hurricane Florence may wreak $15 billion to $20 billion in covered losses from...
 

Update: 'Extremely Dangerous' Hurricane Florence Prompts Evacuations in Carolinas

Tuesday, Sep 11, 2018, 5:47 am-- Florence continued to roll toward the U.S. East Coast, poised to become the strongest hurricane in...
 

Facebook Says Community Help Feature Ready to Assist Florence Recovery Efforts

After a relatively slow start to the 2018 season, three hurricanes are now churning in the Atlantic on potential tracks toward the U.S....
 
carrier-management-100x45.gif

'He's Gaining on Us?' An 'Inconceivable' Quarter of InsurTech Carrier Financials

As we worked on pulling this third installment of our review of U.S. InsurTech startup...
 
More National News »
 
 

East

 

Speed, Lack of Awareness Blamed for Three-Train SEPTA Crash in Pennsylvania

Federal investigators say speed and a lack of awareness were likely to blame for an accident last year near Philadelphia, Penn.,...
 

Lawsuit Says Maine Wholesale Owner Embezzled $1.5M in Lobsters

A Maine lobster wholesaler is suing one of its owners, claiming he embezzled nearly $1.5 million worth of lobsters. Sea Salt, which is a...
 

New Hampshire Hotel Sued Over Legionnaire's Disease Outbreak

Two Massachusetts women are suing a New Hampshire hotel at the center of a Legionnaire's disease outbreak. WMUR-TV reports that Louise...
 

CBIZ Hires Garguilo in Pennsylvania

CBIZ has hired Michael A. Garguilo as president of the Northeast and Mid-Atlantic regions of CBIZ Insurance Services Inc. Garguilo brings...
 
More East News »
 
 

Midwest

 

ONI Risk Partners Adds Renie in Indianapolis

ONI Risk Partners (ONI) has hired Charlie Renie as a commercial insurance risk advisor in the company's headquarters in Indianapolis....
 

Missouri Worker Awarded $8.5M in Racial Discrimination Suit

A St. Joseph, Missouri, woman has been awarded $8.5 million in a racial discrimination lawsuit she brought against Missouri gas utility...
 

Veterans Eligible for Insurance License Exam Fee Waiver in Wisconsin

Wisconsin's insurance commissioner says military veterans are eligible for a waiver of the insurance licensing exam fee in most cases....
 
More Midwest News »
 
 

Southeast

 

CoreLogic: 759K Homes, $170B in RCV at Risk from Hurricane Florence Storm Surge

Nearly 759,000 homes with a reconstruction cost value (RCV) of approximately $170.2 billion are at potential risk of storm surge damage...
 

Hurricane Florence Risks to North Carolina Include Toxic Sludge, Lagoons of Pig Manure

Hurricane Florence's potential for destruction also includes increased risks for the environment and public health as torrential rains...
 

Georgia Woman Arrested for Torching Home, Filing Claim with State Farm

A Habersham County, Ga., woman has been charged with first-degree arson for allegedly setting fire to her home and one count of insurance...
 

Tennessee: $3.2M in Restitution Returned to Insurance Consumers So Far in 2018

The Tennessee Department of Commerce & Insurance's (TDCI) Consumer Insurance Services Section has returned $3.2 million so far to...
 

Update: 'Extremely Dangerous' Hurricane Florence Prompts Evacuations in Carolinas

Tuesday, Sep 11, 2018, 5:47 am-- Florence continued to roll toward the U.S. East Coast, poised to become the strongest hurricane in...
 

Facebook Says Community Help Feature Ready to Assist Florence Recovery Efforts

After a relatively slow start to the 2018 season, three hurricanes are now churning in the Atlantic on potential tracks toward the U.S....
 
More Southeast News »
 
Sponsored by: South and Western. Ease of doing business is one of our specialties! Specialty Commercial P and C, Specialty Personal Lines, Farm and Ranch / Agribusiness, Commercial Transportation. Click here for more information.
 
 

South Central

 

Orange Blob in Gulf Following Harvey's Path Toward Texas

While all eyes are on Hurricane Florence churning toward the North Carolina coast, a little orange blob may be much more important for...
 

Texas State Representative, a Lawyer, Goes to Jail for Soliciting Clients

Texas State Rep. Ron Reynolds has turned himself in to authorities in Montgomery County to begin serving his year-long jail sentence....
 

Texas Working to Finish Hurricane Ike Recovery Projects Before Deadline

It's been nearly 10 years since Hurricane Ike devastated Galveston, and government agencies are still working to complete recovery...
 
More South Central News »
 
 
 
adv
 
Grow With Us.
 
Our crop insurance plans
can help America's producers thrive.
 
Click to Learn More
 
AmTrust Ag
 
 
 
 

West

 

Arizona City Not Waiting for Statewide Ban on Cellphone Use By Drivers

A new law banning the use of cellphones while driving went into effect in a Phoenix suburb this month, making it the latest city to...
 

Former California Agent Arrested for Allegedly Stealing And Misusing Consumer Information

Andrew Barcoma Go, 51, of Bellflower, Calif., was arrested on seven felony counts including six for identity theft and one for grand...
 

Family of Boy Who Drowned on Ocean off Oregon Sues City

The family of an Oklahoma teenager who drowned in the ocean while visiting the Oregon coast has filed a $3.6 million lawsuit against the...
 

Family of Unarmed Man Killed by Washington Police Settles for $13M

The city of Lakewood, Wash., its police chief and two officers have agreed to pay $13 million to the family of an unarmed black man who...
 
More West News »
 
 

International

 

AXA to Complete Acquisition of XL Group Tomorrow

Axa announced today that it has obtained all regulatory approvals required to complete the proposed acquisition of XL Group Ltd....
 

GC Genesis, Guy Carpenter's Insurer-Insurtech Matchmaker, Aims to Prevent Bad Relationships

Insurtech is often touted as the cure that will solve the insurance industry's inefficient and antiquated processes - from distribution,...
 

Why Catastrophe Bonds Are Anything But a Disaster: Viewpoint

Leave it to catastrophe bonds to be among the most well-functioning debt markets out there. Issuance of "cat bonds" has climbed to more...
 

Chevron Wins Ecuador Environmental Case Before International Tribunal

Chevron Corp. said on Friday an international tribunal ruled in its favor in an environmental dispute with Ecuador, finding the South...
 

J&J in India Agrees to Work on Compensation Plan for Hip Implant Patients

Johnson & Johnson (J&J) said it would work with the Indian government to compensate patients who had suffered from hip implants that were...
 

XL Catlin's Duffy to Join AIG as Bermuda Manager

American International Group, Inc. announced that Catherine Duffy will join the company's General Insurance business as Country Manager...
 

AXIS Names 3 to New AXIS Re Strategic Partners

AXIS Re, the reinsurance business segment of AXIS Capital Holdings Limited, has launched AXIS Re Strategic Partners with the appointment...
 
More International News »
 
 
 
 
 
 
 
 
More Sponsor Content »
 
Submit your article. Find out how. »
 
 

Insurance Journal Blogs and Columns

 

Customer Service: You're Doing It Wrong.

Insurance is a business that's all about people. I know. You've heard that before but let me be as clear as I know how. Your customers...
 
More Blogs »
 
 

Insurance Journal TV

 
adv

A Few Things to Think About as States Adopt NAIC Data Security Model Law

The Insurance Data Security Model Law, approved by the National Association of Insurance...
 
adv

California Workers' Comp Division Chief Talks About System

George Parisotto, administrative director of the California Department of Workers'...
 
Watch more videos at InsuranceJournal.tv »
 
 

New Discussions in the Forums

 

What to expect from a new producer

Posted: Fri Aug 31 -- Thank you for your reply. You invest so much in someone you bring aboard and it is hard to walk away from that without exhausting every... Reecey617
 
Go To Forums »
 
 

Reader Comments

 

Father of Man Hurt in GOP Train Crash in Virginia Sues Over Crossing

Posted: Mon Sep 10 -- Why was the reference to Republican Lawmakers in this release? They were passengers of the train and not responsible for the accident. Bob
 

Roy Moore Files $95M Defamation Suit Against CBS, Comedian Cohen

Posted: Thu Sep 6 -- Roy Moore tried to date a 14 year-old, among several other underage girls. That's the definition of pedophile. rob
 

State Farm Agrees to Pay $250 Million, Avoids Racketeering Trial

Posted: Wed Sep 5 -- In other news Jake from State Farm brought the judge's dad to the hearing and had him in the audience. You know, for support. He was quick... NC P&C Agent
 

Plane from Dubai Held at New York Airport; 100 Passengers Reported Ill

Posted: Wed Sep 5 -- They must have had the fish. dontcallmeshirley
 

U.S. Report Says Lack of Staff, Resources, Planning Hurt FEMA's 2017 Disaster Response

Posted: Thu Sep 6 -- Just to be clear, the headline does say a lack of planning hurt the effort. Andrew G. Simpson
 
Go To Popular Comments »
 
 
 
Contact us | Subscribe | Send to a Friend
 
This email was sent to mohammed.mehdaoui.1991.2sinews@blogger.com.
 
Don't want this anymore? Update your subscription or unsubscribe from all lists..
 
Insurance Journal
3570 Camino del Rio North, Suite 200
San Diego, CA 92108
(800) 897-9965
Insurance Journal | Claims Journal | MyNewMarkets | Academy Of Insurance | Carrier Management