November 22, 2019
Fri, 22 Nov 2019 22:20:19 +0000
Premium volume from homeowners polices in California’s surplus lines industry have doubled over the past four years, seemingly pushed by an increase in wildfires in the state. This rise comes as California Commissioner Ricardo Lara last week took the c...
Fri, 22 Nov 2019 17:46:08 +0000
Days before President Barack Obama left office in 2017, the U.S. Environmental Protection Agency finalized a rule aimed at preventing tragedies like the 2013 explosion and fire in the tiny Central Texas town of West that killed a dozen first …
Fri, 22 Nov 2019 17:35:18 +0000
Next Level Insurance Agency CEO Danny O’Connell has been elected president-elect of the National Association of Insurance and Financial Advisors – Texas (NAIFA-TX) for 2020. He will continue to lead the organization as president in 2021. O’Connell has ...
Fri, 22 Nov 2019 17:25:37 +0000
Nearly 1,200 surgical patients may have been exposed to hepatitis, HIV and other infectious diseases due to a sterilization failure, a northern Indiana hospital says. A Goshen Hospital sterilization technician failed to complete one crucial step in the...
Fri, 22 Nov 2019 16:31:58 +0000
A Boeing Co. lawyer said the aircraft maker has reached settlements in more than 60 wrongful death cases filed after a 737 Max 8 plane flown by Lion Air crashed in Indonesia last year, killing all 189 people aboard. Attorney …
Fri, 22 Nov 2019 15:54:58 +0000
The Pacific Northwest Seismic Network confirmed a magnitude 3.5 earthquake struck the region near Coulee City and Grand Coulee Dam in eastern Washington state. The network reported the earthquake struck about 8:48 on Monday morning. KREM-TV reports the...
Fri, 22 Nov 2019 15:50:47 +0000
Executives at a Washington state children’s hospital have found additional patient deaths from a mold infection after taking a closer look at their records. KING-TV reported Tuesday that Seattle Children’s CEO Jeff Sperring announced Monday that they l...
Fri, 22 Nov 2019 15:49:28 +0000
Portland has agreed to pay $350,000 in attorneys’ fees related to a now-repealed policy that mandated warning signs on brittle brick buildings saying they are seismically unsafe. The Oregonian/OregonLive reported the Portland City Council voted 4-0 Wed...
Fri, 22 Nov 2019 15:48:05 +0000
Los Angeles police say they’ve cited a Lyft driver for misdemeanor battery after video showed him dragging a passenger out of a car. Alessandra Ward says she suffered a black eye, bruises and a possible concussion after the man pulled …
Fri, 22 Nov 2019 15:21:04 +0000
The PURE Group of Insurance Companies, which includes Privilege Underwriters Reciprocal Exchange (PURE), the policyholder-owned property and casualty insurer designed for high-net-worth individuals and families, has appointed Jerry Hourihan as senior v...
Fri, 22 Nov 2019 15:10:36 +0000
Brightway Insurance, an insurance retailer and personal lines insurance agency, has promoted Jess Spendley to vice president of Accounting Operations. In this role, Spendley joins the executive team of the franchiser. Spendley started at Brightway as a...
Fri, 22 Nov 2019 15:07:07 +0000
Investigations by the Connecticut Department of Labor’s Wage and Workplace Standards Division into complaints of workers being improperly employed at a large poultry plant in Bozrah has led to fines of more than $270,000 and hundreds of violations agai...
Fri, 22 Nov 2019 15:01:17 +0000
Medical payments per claim in North Carolina decreased five to seven percent per year since 2014, according to a recent study by the Workers Compensation Research Institute (WCRI). These decreases likely reflect fee schedule changes for hospitals and a...
Fri, 22 Nov 2019 14:55:04 +0000
AM Best has revised the outlooks to positive from stable and affirmed the financial strength rating of B++ (good) and the long-term issuer credit ratings of “bbb+” of Canal Insurance Company and Canal Indemnity Company, collectively referred to as Canal …
Fri, 22 Nov 2019 14:49:57 +0000
Authorities say 13 people from a New Hampshire company were taken to hospitals and more than 50 others were evacuated after being exposed to a chemical. The incident at Fluid Air, a subsidiary of Spraying Systems Co., in Merrimack, happened …
Fri, 22 Nov 2019 14:45:03 +0000
Two former officials of a Florida city are charged with conspiring with two businesses to bilk the federal government out of $5 million in Hurricane Michael cleanup money, the U.S. attorney’s office announced Tuesday. U.S. Attorney Lawrence Keefe said ...
Fri, 22 Nov 2019 14:21:22 +0000
The U.S. government’s oceans and waterways agency will provide $30 million to improve coastal resilience, officials said, aiming to reduce the impacts of worsening storms, flooding and rising seas in nearly half of U.S. states. Grants through the progr...
Fri, 22 Nov 2019 14:03:25 +0000
Liberty Mutual Insurance today announced that long-time industry leader Kevin H. Kelley, vice chairman, Global Risk Solutions, will retire at the end of this year. In 2017, Kelley joined Liberty Mutual following the company’s acquisition of Ironshore I...
Fri, 22 Nov 2019 13:32:47 +0000
Westpac Banking Corp.’s board stood behind its management team on Friday, offering embattled chief executive Brian Hartzer some respite from mounting criticism over allegations of a breach of money-laundering laws, including failing to detect payments ...
Fri, 22 Nov 2019 10:19:26 +0000
Arch Reinsurance, a subsidiary of Arch Capital Group Ltd., is acquiring Aspen Reinsurance’s global credit and surety reinsurance business after Aspen Re decided to exit the line. In addition to the renewal rights on the portfolio, Arch and Aspen have …
Fri, 22 Nov 2019 09:57:59 +0000
London’s transit authority is set to announce as soon as Monday whether it will grant Uber Technologies Inc. a new license to operate. If Transport for London decides against the company, Uber could face expulsion from its most important European …
Fri, 22 Nov 2019 06:45:53 +0000
One person was seriously injured in a Midland, Texas, explosion and fire on Thursday involving several storage tanks and a truck used in oilfield operations, city and hospital officials said. The fire was contained at the property owned by petroleum …
Fri, 22 Nov 2019 06:27:24 +0000
MRI Software (MRI), a global provider of real estate software, has acquired Ohio-based Multifamily Insurance Partners, which provides resident insurance programs for the US multifamily rental market. The launch of MRI Multifamily Insurance gives proper...
Fri, 22 Nov 2019 06:23:15 +0000
Chicago-based HDI Global Insurance Co. (HDI Global USA) has appointed Jim Clark as its chief executive officer, effective Jan. 1, 2020. Brad Diericx, chief financial officer of HDI Global USA since 2014, will assume the role of president. Clark, who …
Fri, 22 Nov 2019 06:00:58 +0000
McDonald’s Corp. employees on Thursday sued the fast food giant and several of its franchisees in Chicago over a store redesign that staffers say has made it easier for angry customers to leap over the counter and attack them. The …
Fri, 22 Nov 2019 06:00:36 +0000
A U.S. appeals court on Thursday said boxing fans who felt cheated after learning that Manny Pacquiao had been injured before fighting Floyd Mayweather Jr. cannot pursue class-action litigation because the 2015 welterweight bout dubbed the “Fight of th...
Fri, 22 Nov 2019 06:00:02 +0000
Uber Technologies Inc. is adding video and audio recording for more trips — a move designed to make the service safer and help settle disputes, but which has triggered privacy concerns about the personal information the ride-hailing giant collects. Uber …
Thu, 21 Nov 2019 20:51:22 +0000
Insurers can no longer put off addressing the impact of climate change on their underwriting, pricing, and investment decisions, as well as their bottom lines, a recent analysis from Deloitte asserts. “The escalating frequency and severity of extreme w...
Thu, 21 Nov 2019 19:21:31 +0000
President Donald Trump signed legislation on Thursday that will extend funding for a wide range of federal agencies through Dec. 20 and avoid partial government shutdowns that otherwise would have begun on Friday. An administration official said Trump ...
Thu, 21 Nov 2019 17:50:24 +0000
Top U.S. House Democrats have called for a federal review of the Keystone pipeline and the agency that regulates it in the wake of 383,000-gallon (1.4-million-liter) spill in northeastern North Dakota, the latest of three spills along the line in …