February 18, 2019

Tue, 19 Feb 2019 06:21:13 +0000
POWERS Insurance and Risk Management, a St. Louis, Missouri-based family owned and operated independent insurance agency, has added Samantha Hentschke as personal lines account manager and Luke Wittenberg as commercial lines insurance advisor. Hentschk...
Tue, 19 Feb 2019 06:15:10 +0000
State Farm Mutual Automobile Insurance Co. announced it is cutting its rates in Ohio for the second year in a row. The overall personal auto rate in the state is dropping by 3.7 percent, effective Feb. 18. The total state-wide …
Tue, 19 Feb 2019 06:00:49 +0000
Facebook Inc. is in talks with U.S. regulators over alleged privacy violations that could force the social-media giant to pay billions of dollars in a record-breaking settlement, according to two people familiar with the matter. The U.S. Federal Trade ...
Tue, 19 Feb 2019 06:00:31 +0000
Maiden Holdings Ltd. is named in a class action investor lawsuit alleging that it failed to adequately address and reveal portfolio risks involving AmTrust Financial Services, its largest customer. The complaint alleges that Maiden didn’t disclose mate...
Tue, 19 Feb 2019 06:00:21 +0000
Lakeport, Calif.-based Lincoln-Leavitt Insurance has added Tina Gordon and Maria Davis. Gordon will focus on commercial insurance for the construction, manufacturing, retail and wholesale industries. Davis is an account manager and will service client ...
Tue, 19 Feb 2019 05:40:22 +0000
The Travelers Companies, Inc. has expanded its Wedding Protector Plan insurance offering to include separate fine jewelry insurance policies with coverage limits of up to $100,000. Typical homeowners insurance policies often have limits for jewelry of ...
Tue, 19 Feb 2019 05:31:41 +0000
The North Carolina Rate Bureau has filed a request to increase homeowners’ insurance rates for mobile home policies of at least 19 percent, according to the North Carolina Department of Insurance (NCDOI). The NCRB, which represents insurance companies ...
Tue, 19 Feb 2019 05:22:00 +0000
Georgia Insurance Commissioner Jim Beck has cracked down on insurance fraud since taking office Jan. 15, reporting the arrests of 11 individuals for various fraud-related activities and guilty pleas of nine people for racketeering and insurance fraud. ...
Tue, 19 Feb 2019 05:06:26 +0000
South Carolina officials have joined members of Mothers Against Drunk Driving in support of stricter DUI legislation. Gov. Henry McMaster, law enforcement and some members of the General Assembly joined that group Feb. 12 on the Statehouse grounds in s...
Tue, 19 Feb 2019 05:00:33 +0000
J.M. Wilson has added Jasmine Jefferson as Transportation underwriter in their North Charleston, S.C., office. Jefferson is responsible for underwriting new and renewal commercial transportation business, corresponding with carrier underwriters, and as...
Fri, 15 Feb 2019 21:18:55 +0000
Non-steroidal anti-inflammatories, or NSAIDs, have supplanted opioids as the most common therapeutic drug group prescribed to injured workers in California, according to a new California Workers’ Compensation Institute study. The study also finds that ...
Fri, 15 Feb 2019 17:08:34 +0000
A bill recently filed in the Texas House of Representatives would penalize insurers that illegally deny Texas first responders access to medical treatment for line-of-duty injuries covered under state workers’ compensation laws. According to one of the...
Fri, 15 Feb 2019 16:17:28 +0000
Heavy snowfall caused an avalanche in Wyoming. Snow tumbled onto a highway in northwest Wyoming, damaging one car but not injuring anyone. The Wyoming Department of Transportation says an avalanche occurred around noon Wednesday and sent snow onto U.S....
Fri, 15 Feb 2019 16:14:11 +0000
The U.S. Justice Department is accusing Lockheed Martin Corp. of using false records and making false statements to bill the Energy Department for tens of millions of dollars in unauthorized profits and fees at the Hanford Nuclear Reservation in Washin...
Fri, 15 Feb 2019 15:49:22 +0000
Chicago-based Ryan Specialty Group LLC has reached an agreement to acquire the assets and operations of Myron F. Steves & Co. (Myron Steves), an independently owned wholesale insurance brokerage headquartered in Houston, Texas, with additional offices ...
Fri, 15 Feb 2019 15:44:53 +0000
Two Yakima County, Wash. residents were charged in Superior Court this week in connection with separate auto insurance fraud claims. The charges followed investigations by Insurance Commissioner Mike Kreidler’s Criminal Investigations Unit. William Gae...
Fri, 15 Feb 2019 15:35:00 +0000
Motorists swam for their lives and residents were rescued from homes sliding downhill as the wettest winter storm of the year triggered floods and mudslides across California on Thursday. In Sausalito, just across the Golden Gate Bridge from San Franci...
Fri, 15 Feb 2019 15:32:15 +0000
A significant perception gap exists between the cyber awareness and cyber preparedness at small and medium enterprises in some Asia-Pacific countries, according to a Chubb survey titled “Too Small to Fail?” The Chubb survey of 1,000 SMEs across Singapo...
Fri, 15 Feb 2019 14:54:15 +0000
State Farm Mutual Automobile Insurance Company will cut its rates in Virginia for the second time in two years. As a result, its overall personal auto rate will drop by 4.9 percent. The total state-wide expected impact for State Farm …
Fri, 15 Feb 2019 14:47:48 +0000
Police in Long Island, N.Y., say a construction worker has his legs severed below the knee when a steel plate knocked him into a hole and landed on him. Officials say the unidentified 39-year-old man was working to install a …
Fri, 15 Feb 2019 14:44:19 +0000
State environmental officials say a southern Delaware poultry processing facility with a history of wastewater violations has reported an accidental discharge of up to 1 million gallons of partially treated wastewater. Officials say Arkansas-based Moun...
Fri, 15 Feb 2019 14:22:05 +0000
The Environmental Protection Agency is expected to announce a plan for dealing with a class of long-lasting chemical contaminants amid complaints from members of Congress and environmentalists that it’s not moved aggressively enough to regulate them. S...
Fri, 15 Feb 2019 13:51:37 +0000
Agile Underwriting Services Pty Ltd., the insurtech-driven managing general agency (MGA) and Lloyd’s coverholder, announced it has been appointed as a representative agent for global specialty insurer, StarStone, in Australia and New Zealand. Agile has...
Fri, 15 Feb 2019 13:34:45 +0000
The Hanover Insurance Group, Inc. has a new agreement with the multinational insurer RSA Group to join its global network as a U.S. strategic network partner. This relationship expands The Hanover’s international specialty capabilities for domestic bus...
Fri, 15 Feb 2019 12:30:51 +0000
Britain’s parliament last month demanded Prime Minister Theresa May renegotiate a Brexit divorce deal that the other members of the European Union say they will not reopen. With just six weeks until the United Kingdom is due by law to …
Fri, 15 Feb 2019 10:35:31 +0000
Hub International Ltd., the Chicago-based insurance broker, announced it has acquired the assets of Firstbrook Pointon Benefits Inc. Terms of the transaction were not disclosed. Based in Toronto, Ontario in Canada, Firstbrook Pointon Benefits is a full...
Fri, 15 Feb 2019 10:01:04 +0000
Property and casualty insurer Lancashire Holdings Ltd will use insurance market Lloyd’s of London’s European Union hub in Brussels after Britain leaves the European Union, its top boss told Reuters. “We have negotiated with Lloyd’s and we will write bu...
Fri, 15 Feb 2019 09:53:05 +0000
British Prime Minister Theresa May is preparing to compromise with the European Union over the future of Ireland’s border, with just two weeks left to save her Brexit deal. Brexit Secretary Stephen Barclay privately told the EU’s chief negotiator, Mich...
Fri, 15 Feb 2019 09:35:47 +0000
Allianz may slow its share buyback program after the one announced this week to allow the German insurer to make small acquisitions, the group’s finance chief said on Friday after reporting a 19 percent rise in fourth quarter profit. Allianz …
Fri, 15 Feb 2019 09:05:29 +0000
Flights from Dubai International Airport were suspended for half an hour starting from 10:13 a.m. local time over “suspected drone activity,” a Dubai Airports spokesperson said in an emailed statement. A hub for Emirates airlines, the airport in Dubai ...