April 24, 2019

Thu, 25 Apr 2019 05:41:10 +0000
Cannasure Insurance Services (Cannasure), a Cleveland, Ohio-based managing general agent and wholesale insurance broker for the cannabis and hemp industries, hired Jenna Keesey as a senior underwriter in its growing MGA practice. Keesey is a package li...
Thu, 25 Apr 2019 05:23:09 +0000
Florida Governor Ron DeSantis has signaled his support of a property insurance reform bill passed by the Florida Senate Wednesday, saying in a statement Wednesday he will sign the legislation that the insurance industry and consumer advocates say will ...
Thu, 25 Apr 2019 05:04:37 +0000
The Ohio hospital system where an intensive care doctor is accused of ordering excessive doses of painkillers for dozens of patients who died is settling three resulting wrongful-death cases, while 24 more lawsuits are pending. The family of 78-year-ol...
Thu, 25 Apr 2019 05:00:50 +0000
Newfront Insurance in California has named Garett Kaneko head of carrier relations. Kaneko will manage external market relations and partner strategy as well as overall business and growth strategy for Newfront. Kaneko has more than 15 years of experie...
Thu, 25 Apr 2019 05:00:28 +0000
In a decision that could further help companies limit damages in disputes with workers, the U.S. Supreme Court on Wednesday ruled against a California man who was the victim of an online scam and sought to bring claims against his …
Thu, 25 Apr 2019 05:00:27 +0000
Ian Williams has joined SAIF as vice president of human resources. Williams will oversee all aspects of HR, including compensation and benefits, employee engagement and retention and recruitment. Most recently, he was vice president of human resources ...
Thu, 25 Apr 2019 05:00:24 +0000
The number of workplace injury claims continues to decline year after year despite significant changes in workforce demographics that experts thought would increase claims frequency, according to a report by the National Council of Compensation Insuran...
Thu, 25 Apr 2019 05:00:08 +0000
Facebook Inc. estimated that it will cost as much as $5 billion to resolve a U.S. investigation into its privacy practices, as the social-media company moves to put the fallout from the Cambridge Analytica scandal behind it. Facebook said Wednesday …
Thu, 25 Apr 2019 04:25:41 +0000
Brightway Insurance opened new stores in Florida and Tennessee on April 15. The new franchise owners include: Steve Moser who opened Brightway, The Steve Moser Agency of Belle Meade in Nashville, Tennessee. This is Brightway’s first agency to open in …
Thu, 25 Apr 2019 04:08:51 +0000
Alabama already has exceeded its yearly average for tornadoes with more than 50 twisters verified in the state so far in 2019. The National Weather Service tweets that Alabama has had 53 total tornadoes so far this year. That compares …
Wed, 24 Apr 2019 23:32:46 +0000
A U.S. Court of Appeals for the 10th District this week ruled that a Wyoming man convicted of a 2014 murder was not an insured “resident” under his mother’s homeowners insurance policy, and it turns out that finding doesn’t favor …
Wed, 24 Apr 2019 21:19:55 +0000
It’s a safe bet that there are a number of those among us who envision workers in the marijuana industry as mostly a bunch of mellow bud-blazers haphazardly performing the daily tasks of trimming, potting, transporting or selling cannabis. Those …
Wed, 24 Apr 2019 18:44:30 +0000
After seven years of failed attempts, Florida legislators have passed property insurance reform to address the abuse of a policyholder benefit known as assignment of benefits (AOB). The insurance industry and consumers advocates say the abuse has cause...
Wed, 24 Apr 2019 17:21:05 +0000
The use of opioids has significantly and continuously declined in the California workers’ compensation system since 2012, a trend that may be leading to a shift in the patterns of medical treatments for California’s injured workers as well as more …
Wed, 24 Apr 2019 16:48:38 +0000
CIC Services, LLC, has created a new program help small- to mid-sized companies establish captive programs for their business. The program is designed for companies that would otherwise not be large enough to consider replacing commercial insurance wit...
Wed, 24 Apr 2019 16:44:07 +0000
Florida-based Brightway Insurance has opened a new store in Missouri. The Grone Agency in Des Peres was established by Brennen Grone, who first worked for Brightway, The Landers Agency in Glendale, Colo. Grone subsequently worked alongside his father i...
Wed, 24 Apr 2019 16:35:21 +0000
The Oklahoma Supreme Court on April 23 struck down a state law that caps monetary damages for pain and suffering in personal injury lawsuits, the latest civil justice measure backed by the Republican-controlled Legislature to be invalidated by the stat...
Wed, 24 Apr 2019 16:24:45 +0000
Storms that pummeled North Texas overnight are being blamed for stranding motorists in the Dallas/Fort Worth area and for flooding underground parking lots at a Dallas airport. Dozens of vehicles were submerged in nearly four feet of water in the …
Wed, 24 Apr 2019 16:11:55 +0000
Allianz and Amundi are considering rival deals to tie up their asset management units with Deutsche Bank’s DWS, sources close to the matter said on Wednesday. Their interest comes as Germany’s biggest bank considers a possible merger with Commerzbank, ...
Wed, 24 Apr 2019 15:36:45 +0000
It has been a long-held insurance axiom that flood is not considered an insurable peril due to its potentially catastrophic nature. Here is what the report, “Affordability of National Flood Insurance Program Premiums: Report 1” (National Research Counc...
Wed, 24 Apr 2019 15:36:29 +0000
Medical marijuana sales in Arkansas are set to begin around May 12 as cultivators plan to begin harvesting the plant in the coming days and regulators finish the approval process for the state’s first dispensaries. Department of Finance and Administrat...
Wed, 24 Apr 2019 15:32:41 +0000
The Lisle, Illinois-based national not-for-profit insurance advisory organization, American Association of Insurance Services (AAIS), has named Joseph Jonas as its new commercial lines product manager. Jonas is responsible for AAIS forms, manual rules ...
Wed, 24 Apr 2019 15:30:57 +0000
Michigan Attorney General Dana Nessel said her office will target businesses that cheat their employees of wages, pledging a forceful crackdown on what she called an under-the-radar problem that also lets companies dodge taxes. “Our office intends to b...
Wed, 24 Apr 2019 14:31:15 +0000
PG&E Corp. can pay employees up to $350 million in bonuses this year to spur them to help meet the bankrupt California power provider’s safety goals to prevent wildfires, a judge said on Tuesday. PG&E’s management has said the company …
Wed, 24 Apr 2019 14:14:37 +0000
While total dedicated reinsurance capital dropped in 2018, alternative capital continued its steady rise, according to a report published by Willis Re. Total dedicated reinsurance capital – which includes traditional and alternative capital – dropp...
Wed, 24 Apr 2019 13:59:39 +0000
U.S. Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin will travel to Beijing for trade talks beginning on April 30, the White House said in a statement on Tuesday. It said Chinese Vice Premier Liu He, who will lead …
Wed, 24 Apr 2019 12:53:56 +0000
Sixty-one percent of firms surveyed for insurer Hiscox had a cyber attack in the past year, compared to 45% in 2018. Meanwhile, the median cost for cyber incidents losses soared from $229,000 to $369,000. While those numbers are of concern, …
Wed, 24 Apr 2019 12:20:32 +0000
A contractor alleging breach of contract is suing a Massachusetts city for $1 million. The MetroWest Daily News reports that Lupachino & Salvatore alleges Framingham, Mass., illegally withheld payments related to the renovation of a city ice skating ri...
Wed, 24 Apr 2019 12:18:03 +0000
Members of the New York state Senate are joining the fight to encourage people to get vaccinated amid an ongoing measles outbreak in the state. Lawmakers in the Democrat-led chamber launched a public awareness campaign on Monday designed to give …
Wed, 24 Apr 2019 12:06:45 +0000
Paquin Insurance Agency has joined OceanPoint Insurance Agency’s organization in Rhode Island. Paquin Agency Principal Rick Paquin has accepted a position as vice president for OceanPoint, and he and his brother, Greg, will continue to serve the local ...