June 19, 2018

Tue, 19 Jun 2018 17:19:21 +0000
Alera Group has acquired Las Vegas, Nev.-based Kaercher Insurance, which includes Kaercher Campbell, Kaercher Insurance Agency and Sundance Insurance. Terms of the deal were not disclosed. Kaercher Insurance offers employee benefit services, property/c...
Tue, 19 Jun 2018 16:07:05 +0000
Health insurers in Minnesota’s individual market are proposing mostly decreased premium rates for 2019, with average proposed decreases ranging from 3 percent to more than 12 percent for consumers, according to data released Friday by the Minnesota Dep...
Tue, 19 Jun 2018 16:05:19 +0000
A freight train derailed in southwest Indiana and several train cars caught fire, possibly due to a propane leak, forcing the mandatory evacuation of nearby homes while authorities monitored air quality Monday, officials said. The train derailed Sunday...
Tue, 19 Jun 2018 16:02:40 +0000
Louisiana patients could soon get more details about what happens at the pharmacy counter and whether they’ve gotten the most affordable medication for an ailment. In the regular legislative session, lawmakers passed a package of bills requiring more t...
Tue, 19 Jun 2018 15:53:29 +0000
Work-related motor vehicle crashes cost employers $56.7 billion in 2017, according to a report by a Boston-based vehicle management and reimbursement platform that offers ways employers ways to limit the costs of accidents. The firm, Motus, estimates t...
Tue, 19 Jun 2018 15:29:55 +0000
The Trump administration wants to make it easier for small businesses to join together to offer cheaper health insurance plans that would lack some of the protections required under Obamacare. The U.S. Labor Department on Tuesday said it plans to …
Tue, 19 Jun 2018 14:49:07 +0000
The Maine Supreme Court has ruled that employers in the state are not required to reimburse employees for their use of medical marijuana under the Maine workers’ compensation system because federal law preempts state law. This decision vacates a previo...
Tue, 19 Jun 2018 14:36:30 +0000
Mesa police say a self-driving vehicle was among five cars involved in a collision, but no serious injuries were reported. The driver of the Waymo vehicle told authorities that the car wasn’t in autonomous mode at the time of Saturday …
Tue, 19 Jun 2018 14:29:28 +0000
EPIC Insurance Brokers and Consultants has named Brian Chu in Southern California as a vice president. Chu will be based in EPIC’s Downtown Los Angeles office, reporting to Jim Gillette, president of EPIC’s Pacific South region. He will be responsible …
Tue, 19 Jun 2018 14:24:18 +0000
The National Transportation Safety Board is sending a technical specialist to observe Tesla Inc.’s examination of a Model S that caught fire in California on Friday, the agency said in a statement. The action is not a formal probe of …
Tue, 19 Jun 2018 14:03:34 +0000
The CEO of Europe’s biggest insurer is up for a big deal. He just doesn’t want Allianz SE to pay for it. Oliver Baete is going to find it hard to have his cake and eat it. Three years into …
Tue, 19 Jun 2018 13:43:25 +0000
B3i, The Blockchain Insurance Industry Initiative, has announced it will build its applications and business network on the Corda blockchain platform, supplied by software firm R3. Following an extensive evaluation, which focused on the critical succes...
Tue, 19 Jun 2018 13:00:37 +0000
Maryland Governor Larry Hogan is asking for a presidential disaster declaration for Maryland following heavy rainfall and flooding that hit two western counties last month. The flooding in Frederick and Washington counties was the first of two major fl...
Tue, 19 Jun 2018 12:51:48 +0000
Kaplansky Insurance, a Needham, Mass.-based, independent and locally owned agency, has acquired Kelleher & Mackey Insurance Agency (K&M) in Quincy, Mass. Following the acquisition, K&M will be merging into Kaplansky’s new Weymouth, Mass., location. The...
Tue, 19 Jun 2018 12:44:37 +0000
A federal appeals court in New York says a lawsuit alleging the use of sound cannons by police constitutes excessive force can proceed toward trial. The 2nd U.S. Circuit Court of Appeals said that it agreed with a lower court …
Tue, 19 Jun 2018 12:34:32 +0000
The U.K. accounting watchdog is ramping up misconduct fines after being called useless and toothless by lawmakers irate at the failure of the accounting industry to prevent several high-profile corporate collapses. Over two days last week, the Financia...
Tue, 19 Jun 2018 12:26:38 +0000
Lee Johnson’s doctors didn’t think he’d live long enough to testify in court that exposure to Monsanto Co.’s Roundup weed killer caused his deadly cancer. But the 46-year-old is now first in line to go to trial against the agrochemical …
Tue, 19 Jun 2018 11:11:13 +0000
Insurer Liberty Holdings faced questions from South Africa’s Information Regulator on Monday, a day after the company said it had become the victim of a cyber attack. The regulator said it was concerned about the data breach and wanted to …
Tue, 19 Jun 2018 10:27:22 +0000
The majority of people between 18 and 34 would be willing to let insurance companies dig through their digital data from social media to health devices if it meant lowering their premiums, a survey shows. In the younger group, 62 …
Tue, 19 Jun 2018 10:13:43 +0000
KPMG’s audit work in the U.K. is of an unacceptable standard, Britain’s accounting regulator said, fueling calls to reform the industry, including dismantling the “Big Four” players. In an unprecedented assessment, the Financial Reporting Council said ...
Tue, 19 Jun 2018 06:36:58 +0000
A Kansas mother says an insurance company wants her family to pay $132,000 after her 5-year-old son accidentally knocked over a sculpture at a city community center. Sarah Goodman tells the Kansas City Star the incident happened last month at …
Tue, 19 Jun 2018 06:34:43 +0000
Combined Agents of America (CAA) is expanding its presence in Missouri with the addition of GM Peters Agency, based in Liberty, Missouri. Current owners Shane Davolt and Peggy Marrs acquired the agency in 1999, however, GM Peters has been serving …
Tue, 19 Jun 2018 06:27:35 +0000
Insurance wholesale broker Maximum has added Bill Lally to its property team in Texas. He will be based in Houston. With previous experience as a property broker and several years spent developing a property underwriting expertise at Axis Insurance, La...
Tue, 19 Jun 2018 05:00:47 +0000
The virtual strike zone has been a feature of televised baseball games for almost two decades. The graphical overlay shows viewers in real time whether a pitch is too high, too low, or just nicks the corner with a backdoor …
Tue, 19 Jun 2018 05:00:18 +0000
Fujifilm Holdings Corp. sued Xerox Corp. on Monday for well over $1 billion, faulting the printer and copier company for succumbing to pressure from activist investors Carl Icahn and Darwin Deason in calling off a proposed merger. In a complaint …
Tue, 19 Jun 2018 05:00:11 +0000
Language in a confidential severance agreement Tesla Inc. is using as part of the biggest job cut in its history is likely to deter dismissed employees from going public with worker safety concerns, according to employment-law experts. A proposed sever...
Tue, 19 Jun 2018 04:59:58 +0000
Flo Technologies, Inc., provider of leak prevention systems to prevent water damage in homes, has launched a reimbursement program called HomeProtect that will pay back homeowners for their insurance deductibles up to $2,500 per year if their Flo-equip...
Tue, 19 Jun 2018 04:36:50 +0000
Some homeowners are suing a North Carolina city to get dams that were compromised by Hurricane Matthew repaired. The Fayetteville Observer reported residents from four neighborhoods say the city should rebuild the dams even though they are privately ow...
Tue, 19 Jun 2018 04:26:31 +0000
Citizens Property Insurance Corp., the Florida state-run insurer of last resort, has devised a new policy requiring lobbyists seeking to lobby the insurer to register via a new online registration system. The new corporate policy comes in response to a …
Tue, 19 Jun 2018 04:22:11 +0000
The Mississippi Highway Patrol is paying $500,000 in a lawsuit over a fatal wreck that happened when a state trooper was driving fast on a dark highway without his blue lights flashing. The crash happened about 1:30 a.m. on May …