September 22, 2018

Fri, 21 Sep 2018 22:07:14 +0000
Five bills that their proponents say will protect wildfire survivors were signed by California Gov. Jerry Brown on Friday. The bills are aimed at addressing critical issues facing wildfire survivors including underinsurance, rebuilding, and recovery, t...
Fri, 21 Sep 2018 21:55:37 +0000
A three-justice panel of the California Court of Appeal, 4th Appellate District, gas upheld Insurance Commissioner Dave Jones’ Fair Claims Settlement Practices Regulations, which prescribe how insurance companies must process insurance claims. The regu...
Fri, 21 Sep 2018 20:40:12 +0000
Homeowners who lose their houses to wildfire will be able to use their insurance to rebuild somewhere else under an urgency bill signed by California Gov. Jerry Brown on Friday. Assembly Bill 1800, authored by by Assemblyman Marc Levine, D-San …
Fri, 21 Sep 2018 16:57:55 +0000
Starr Insurance Companies has introduced Starr CIP Enterprise, a monoline general liability construction wrap-up insurance policy. The new product is designed for property owners and contractors who need tailored primary and excess general liability co...
Fri, 21 Sep 2018 16:42:03 +0000
Manhattan City Manager Ron Fehr says a flood over the Labor Day holiday weekend caused $17.2 million in structural damages in the city. Fehr told the Manhattan City Commission on Sept. 18 that four commercial and eight residential properties suffered …
Fri, 21 Sep 2018 16:39:21 +0000
Duke Energy activated a high-level emergency alert at a retired coal-fired power plant in North Carolina as floodwaters from the nearby Cape Fear River overtopped an earthen dike at the facility and inundated a large lake. Duke spokeswoman Paige Sheehan …
Fri, 21 Sep 2018 16:30:40 +0000
Hurricane Florence is still wearing out the Carolinas, where residents have endured an agonizing week of violent winds, torrential rain, widespread flooding, power outages and death. Frustration and sheer exhaustion are building as thousands of people ...
Fri, 21 Sep 2018 16:30:02 +0000
EPIC Insurance Brokers and Consultants has added Matt Lumelleau as a principal in the firm’s property/casualty practice. Based in Houston, Lumelleau will be responsible for new business development, the design, placement and management of property/casu...
Fri, 21 Sep 2018 16:23:29 +0000
Officials in central Iowa have designated about 60 structures as unsafe following a July tornado that damaged about 2,000 buildings. The Times-Republican reports that the properties in Marshalltown now have small red posters that say “Dangerous buildin...
Fri, 21 Sep 2018 16:21:43 +0000
Five years and almost $100 million later, cleanup is complete on a massive oil pipeline leak in North Dakota that has been called one of the biggest onshore spills in U.S. history, industry and state officials said. The spill by …
Fri, 21 Sep 2018 16:19:39 +0000
The Texas Department of Insurance, Division of Workers’ Compensation reported in a newly released study that access to medical care for injured workers has improved slightly and that a high rate of doctors who treat workers’ comp patients has remained …
Fri, 21 Sep 2018 16:06:13 +0000
The city of Austin, Texas, has dropped a lawsuit challenging the determination by state workers’ compensation officials and an appeals panel that a firefighter diagnosed with cancer is eligible for workers’ comp benefits. According to the Austin Firefi...
Fri, 21 Sep 2018 14:49:13 +0000
General agency LISI has acquired Western Health Advantage in Sacramento, Calif. WHA is a non-profit HMO that offers benefit plans for employer group health coverage. LISI serves more than 8,000 affiliated brokers who offer medical, dental, vision and s...
Fri, 21 Sep 2018 14:35:34 +0000
Some inland Southern California communities received an early morning jolt from a minor earthquake, the U.S. Geological Survey confirmed. The USGS says the magnitude-3.4 tremor occurred at 5:44 a.m. Thursday. The quake was centered 2 miles southwest of...
Fri, 21 Sep 2018 14:31:19 +0000
Portland, Ore.-based Elliott, Powell, Baden & Baker Insurance agency has named Heather Beelar the firm’s marketing manager. The new position will include identifying and analyzing market trends, and creating strategies to meet evolving needs. She will ...
Fri, 21 Sep 2018 14:23:54 +0000
American International Group has agreed to acquire Glatfelter Insurance Group, a prominent specialty insurance broker and program manager headquartered in York, Pennsylvania. The terms of the transaction were not disclosed. It is expected to close in t...
Fri, 21 Sep 2018 14:07:48 +0000
Maritime officials say a 50-foot, custom-built yacht worth $1.5 million is likely a total loss after it was struck by a barge laden with sand and gravel in a Connecticut harbor. Capt. Eric Knott, Stamford’s harbormaster, tells the Stamford Advocate …
Fri, 21 Sep 2018 14:00:10 +0000
The National Weather Service has confirmed that the remnants of Hurricane Florence spawned a total of six tornadoes in Virginia earlier this week. Five of the tornadoes on Monday were spread across the Richmond metro area. A sixth tornado hit …
Fri, 21 Sep 2018 13:06:03 +0000
A federal appeals court says an insurance company must reimburse the Roman Catholic Archdiocese of Hartford nearly $1 million for payments the archdiocese made to settle sexual misconduct cases involving priests and minors. A three-judge panel of the 2...
Fri, 21 Sep 2018 13:04:39 +0000
The Allstate Corporation said estimated catastrophe losses for the month of August were $186 million, pre-tax ($147 million after-tax). Catastrophe losses occurring in August comprised 16 events at an estimated cost of $137 million, pre-tax, plus unfav...
Fri, 21 Sep 2018 12:54:09 +0000
Want the best results out of your employees? Then be nice to them. New research from Binghamton University, State University at New York finds that showing compassion to employees almost always pays off, especially when combined with the enforcement of …
Fri, 21 Sep 2018 12:45:30 +0000
Shannon Liss-Riordan has been compared to “a pit bull with a Chihuahua in its mouth.” In a career spanning almost 20 years, the Boston-based lawyer has gone after corporations that have either harmed consumers or their own employees. She’s represented …
Fri, 21 Sep 2018 12:01:52 +0000
The Federal Aviation Administration (FAA) recently granted a waiver to State Farm to allow the insurer the ability to inspect damage caused by Hurricane Florence. The approval, received just last week, allows State Farm to operate an unmanned aircraft ...
Fri, 21 Sep 2018 10:06:39 +0000
Last Saturday, the National Aeronautics and Space Administration launched the Ice, Cloud and Land Elevation Satellite-2, which will monitor Earth’s ice sheets, recording changes in ice thickness as small as half a centimeter. The satellite will allow u...
Fri, 21 Sep 2018 09:51:39 +0000
Theresa May promised fresh plans to break the stalemate in Brexit negotiations after European Union leaders bluntly rejected her blueprint and warned that time is running out for striking a deal. A two-day summit in Salzburg, Austria, broke up without …
Fri, 21 Sep 2018 09:38:42 +0000
Tokio Marine Kiln (TMK) has appointed of Reeken Patel as chief financial officer (CFO). He joins TMK on Oct. 1, when he takes over from James Dover who has chosen to leave the business after 12 years at TMK and …
Fri, 21 Sep 2018 09:12:11 +0000
Fidelis Insurance announced it has taken an equity stake in a new managing general agent, Kersey Specialty Ltd., and will be providing underwriting capacity. London-based Kersey will focus on the upstream energy subscription market insurance and will b...
Fri, 21 Sep 2018 08:47:59 +0000
Lloyd’s reported a return to profits during the first half, in a welcome recovery after its big losses of 2017. Pre-tax profits during the half were £600 million ($793.1 million), compared to £1.2 billion ($1.6 billion) in the first six …
Fri, 21 Sep 2018 07:45:07 +0000
Pilots operating a Jet Airways India Ltd. flight on Thursday forgot to turn on a switch that maintains optimal pressure in the cabin during ascent, causing injuries to some aboard. About 30 of the 166 passengers aboard the Boeing Co. …
Fri, 21 Sep 2018 05:00:58 +0000
Restaurants must pay waiters and bartenders minimum wage when they are engaged in tasks such as cleaning toilets that are unrelated to their main jobs and do not offer tips, a divided U.S. appeals court ruled this week. At issue …

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