November 13, 2018
Coming Soon!
Tue, 13 Nov 2018 06:41:09 +0000
Resource Alliance, a human resources and employee benefits firm serving Georgia’s multifamily residential industry, has merged its operations with Higginbotham, an insurance and financial services firm serving midmarket companies. Resource Alliance wil...
Tue, 13 Nov 2018 06:07:28 +0000
A revised workers compensation rate filing for a 13.8 percent decrease by the National Council on Compensation Insurance has been approved by Florida Insurance Commissioner David Altmaier. The amended filing to NCCI’s August rate request of 13. 4 perce...
Tue, 13 Nov 2018 06:00:45 +0000
California utilities are facing the very real possibility that billion-dollar blazes could become an annual occurrence, and they don’t know how to pay for them. Shares of the state’s two largest utilities plummeted Monday after both PG&E Corp. and Edis...
Tue, 13 Nov 2018 06:00:27 +0000
Two U.S. pilots’ unions say the potential risks of a safety feature on Boeing Co.’s 737 Max aircraft that has been linked to a deadly crash in Indonesia weren’t sufficiently spelled out in their manuals or training. Boeing and the …
Tue, 13 Nov 2018 06:00:22 +0000
Airbnb Inc., following Alphabet Inc.’s Google, Facebook Inc. and Uber Technologies Inc., said it would not force employees who filed sexual harassment claims to settle those cases in private arbitration. Airbnb also said it would not require employees ...
Tue, 13 Nov 2018 06:00:03 +0000
California’s raging wildfires are so bad that American International Group Inc. and Chubb Ltd. are deploying teams of specialists and former firefighters to spray retardants on homes. The season may soon rank among the industry’s most costly. The lates...
Tue, 13 Nov 2018 05:43:25 +0000
Federal regulators say tests shows uranium levels exceeding safe drinking water standards have been found at two locations at a nuclear fuel plant that has leaked in South Carolina. The State newspaper reported the Nuclear Regulatory Commission and pla...
Mon, 12 Nov 2018 18:06:21 +0000
An analysis by catastrophe modeler RMS shows 15 wildfires are burning more than 280,000 acres in California have collectively destroyed nearly 7,000 homes and businesses and killed 31 people. Roughly 300,000 have been evacuated, while 12,000 firefighte...
Mon, 12 Nov 2018 13:41:52 +0000
The most destructive wildfires in California’s history have killed at least 31 people and forced tens of thousands more to evacuate as firefighters struggle to gain control amid swirling winds. The so-called Camp Fire in Northern California and the Woo...
Mon, 12 Nov 2018 12:09:45 +0000
Markel Corp. announced that its German insurance company, Markel Insurance SE (MISE), has received regulatory approval to operate a branch office in the UK. MISE was established to meet the insurance needs of clients located or with risk exposures in …
Mon, 12 Nov 2018 11:36:36 +0000
Prime Minister Theresa May’s Brexit strategy came under attack from all sides on Monday, increasing the risk that her plan for leaving the EU will be voted down by parliament and thrust the United Kingdom towards a potentially chaotic “no-deal” …
Mon, 12 Nov 2018 11:27:34 +0000
Hannover Re’s long-serving executive board member Juergen Graeber passed away suddenly and unexpectedly on Nov. 9, 2018 at the age of 62. “We are deeply shocked by the news of his unexpected death,” said Ulrich Wallin, chief executive officer of …
Mon, 12 Nov 2018 11:03:30 +0000
Italian infrastructure group Atlantia has set aside 350 million euros ($400 million) to cover the estimated cost of rebuilding the Genoa bridge which collapsed in August and compensating the families of those killed. The viaduct disaster claimed 43 liv...
Mon, 12 Nov 2018 06:00:34 +0000
The U.S. Securities and Exchange Commission told American International Group Inc. to improve disclosures about its use of reinsurance to mitigate losses in its property and casualty unit, according to correspondence made public on Friday. After review...
Fri, 09 Nov 2018 20:56:45 +0000
Fanned by hot, dry winds, wildfires north of San Francisco and near Los Angeles have forced the evacuation of more than 150,000 people in the state, including Malibu, the coastal enclave of the rich and famous. The fires cover about …
Fri, 09 Nov 2018 19:18:32 +0000
What’s one of the biggest gaps in cyber? Good communication between the insurance industry and customers, who are in need of more than just products to help protect them from risks in the rapidly changing digital world. That was the …
Fri, 09 Nov 2018 18:19:24 +0000
Pinnacol Assurance’s Board of Directors has approved a plan to decrease workers’ compensation rates in 2019 by an average of 10 percent. The decrease will go into effect on Jan. 1, 2019, and will be the fourth straight year Pinnacol …
Fri, 09 Nov 2018 17:25:25 +0000
Fraser Shipyards has settled lawsuits involving dozens of workers who were exposed to lead while working on an old freighter in Superior, the company said. Fraser has agreed to pay $7.5 million to more than 60 workers who were exposed …
Fri, 09 Nov 2018 17:22:56 +0000
A jury has ordered Aetna to pay more than $25 million to the family of an Oklahoma City woman who died a year after the insurance company refused to cover a type of radiation therapy. Jurors found that Aetna doctors …
Fri, 09 Nov 2018 16:44:37 +0000
California officials ordered an evacuation of the city of Malibu, an enclave for the area’s rich and famous, and told drivers to avoid a major freeway as a wildfire spread north of Los Angeles. The so-called Woolsey Fire has already …
Fri, 09 Nov 2018 16:01:04 +0000
The two ridesharing giants provided more than 91,000 rides in the Seattle, Wash. area on an average day in the second quarter of this year. The Seattle Times reports Uber and Lyft are on pace to provide more than 31 …
Fri, 09 Nov 2018 15:58:55 +0000
A man who fought for more than a decade to maintain his rights to a mining claim in northwestern Montana died two days after a jury awarded him nearly $2.6 million. A Lincoln County jury awarded the money to Arnold …
Fri, 09 Nov 2018 15:57:04 +0000
An Oregon man has filed what may be a first of its kind Medicare lawsuit against PeaceHealth, claiming the organization didn’t follow federal Medicare guidelines specific to Oregon and overbilled him for treatment. The Register-Guard in Eugene reported...
Fri, 09 Nov 2018 15:47:01 +0000
Rogers & Gray Insurance, a Kingston, Mass.-based independent insurance agency, has hired Ryan Brown to its management team. Brown joins the agency from Safeco, a Liberty Mutual Company, where he was the senior territory manager in the Boston and New …
Fri, 09 Nov 2018 15:33:59 +0000
A wildfire raging in Northern California’s Sierra Nevada foothills quadrupled in size late Thursday and another day of dry winds threatens to make it spread even farther, faster. The blaze near the community of Chico has left more than 23,000 …
Fri, 09 Nov 2018 15:07:28 +0000
Independent insurance agents and brokers can celebrate a four-year growth trend, reports Reagan Consulting. in its third-quarter Organic Growth and Profitability (OGP) study, the agency consultant says that the sector’s organic growth rate in the third...
Fri, 09 Nov 2018 14:31:58 +0000
YOUNG & Associates, a full-service, national building consulting firm, has hired Don Pierro as senior regional building consultant serving the Northeast region. With more than 20 years’ experience, Pierro will provide clients with quantity surveying, c...
Fri, 09 Nov 2018 14:25:02 +0000
A measure approved by Virginia voters this week to cut taxes on homes in flood-prone areas of the flood-prone commonwealth has climate experts warning that it might encourage people to remain in vulnerable areas – and could spread to other …
Fri, 09 Nov 2018 14:15:56 +0000
The U.S. securities regulator is set to review this month rules on corporate democracy, setting it up for a clash with investors who worry the agency will side with companies to diminish voting rights on charged issues like climate change …
Fri, 09 Nov 2018 14:02:28 +0000
CoreLogic, the Irvine, Calif.-based property data and analytics firm, announced it is expanding its Flood Risk Score and Weather Verification Services for hail into Canada. The availability of the CoreLogic Flood Risk Score and Weather Verification Ser...