May 20, 2018

Mon, 21 May 2018 00:04:05 +0000
The Democratic Republic of Congo’s health minister said an outbreak of Ebola has entered a “new phase” after a case was confirmed in Mbandaka, a northwestern city of 1.2 million people. The person carrying the disease was one of two …
Sun, 20 May 2018 23:43:57 +0000
Global insurers are taking stock of how the U.S. withdrawal from an international agreement to deny Tehran nuclear weapons, and threatened sanctions against companies that do business with Iran, could affect them. Insurance broker Arthur J. Gallagher &...
Fri, 18 May 2018 18:37:02 +0000
The U.S. House of Representatives rejected a sweeping $867 billion farm bill on Friday after Republican leaders failed to appease conservative lawmakers who had asked them not to hold the vote until they were given the chance to consider a …
Fri, 18 May 2018 16:59:24 +0000
Millstream Underwriting, part of independent specialty managing general agent Nexus Group, has launched Caritas, a new product that combines several lines of business the company underwrites into a specifically designed insurance package to address the...
Fri, 18 May 2018 16:38:32 +0000
Authorities say a 13-year-old girl has died after her car and a school bus collided in a head-on crash northeast of Atlanta. Dawson County Schools Superintendent Damon Gibbs says that Summer Faith Anderson died after the Wednesday morning wreck. She …
Fri, 18 May 2018 16:38:04 +0000
The New Hampshire Executive Council has unanimously approved John Elias as New Hampshire’s new commissioner for the Department of Insurance, succeeding Roger Sevigny who is set to retire June 11 after 16 years in the role. “John is a good …
Fri, 18 May 2018 16:06:12 +0000
XL Catlin has added Jason Gardenhire as underwriter to its regional US War, Terrorism & Political Violence insurance team. He is based in Dallas. Gardenhire will lead XL Catlin’s Terrorism and Political Violence underwriting activities and manage broke...
Fri, 18 May 2018 16:02:41 +0000
Mark Fox cringes every time he relives the day his worst weather nightmare came true. April 3, 2012, was a hot and humid day in North Texas, and the unstable atmosphere spawned 17 tornadoes in five hours in the Dallas-Fort …
Fri, 18 May 2018 15:42:14 +0000
Lloyd’s and independent specialist marine broker SSL Insurance Group has agreed to merge with fellow Lloyd’s broker and delegated authority specialist Endeavour Insurance Services. The deal will conclude with both companies being acquired by a fund adv...
Fri, 18 May 2018 15:02:16 +0000
Arizona Gov. Doug Ducey has vetoed a bill requiring drivers to carry higher limits on their car insurance. Ducey closed out the state’s legislative session by signing 55 new laws and vetoing seven others. Wednesday was the final day that …
Fri, 18 May 2018 14:32:28 +0000
The number of applications for marijuana business licenses is outgrowing the Alcohol and Marijuana Control Office’s approval system. The Fairbanks Daily News-Miner reports a May 8 Marijuana Control Office spreadsheet says there are 467 applications bei...
Fri, 18 May 2018 14:25:10 +0000
A Utah driver turned on the semi-autonomous functions of her Tesla vehicle and then didn’t touch the steering wheel again for 80 seconds before slamming into a firetruck stopped at a red light last week, a summary of data from …
Fri, 18 May 2018 14:21:07 +0000
A lead paint manufacturer will pay more than $60 million to remove the toxic material from homes around California. Officials in Santa Clara County announced the settlement with NL Industries on Wednesday, ending 18 years of litigation. The money will …
Fri, 18 May 2018 13:28:32 +0000
New Jersey Transit had installed a federally mandated emergency braking system on less than 10 percent of its fleet of locomotives nine months before the deadline, according to a progress report covering the first quarter of this year. The report …
Fri, 18 May 2018 13:22:14 +0000
S&P Global Ratings has affirmed its ‘A+’ insurer financial strength rating and ‘BBB+’ long- and ‘A-2’ short-term issuer credit ratings on American International Group Inc. (AIG), and its ‘A+’ rating on AIG’s core subsidiaries. The rating agency’s outlo...
Fri, 18 May 2018 13:16:21 +0000
Preferred Property Program (PPP), a national managing general agency, has named Wayne Dow vice president of programs. Dow will be joining the Bell Works office in Holmdel, N.J., to oversee the marketing of PPP products to all of its network …
Fri, 18 May 2018 13:07:49 +0000
Exude Inc., a Philadelphia, Penn.-based organizational health and strategy company, has hired Gregory Offner Jr. as a director. In this role, Offner will oversee the growth of the Commercial Insurance and Risk Management Division. Prior to joining Exud...
Fri, 18 May 2018 12:35:29 +0000
The U.S. Environmental Protection Agency took steps on Thursday to roll back and delay Obama-era rules aimed at improving safety at chemical plants, which had come in response to a 2013 explosion at a fertilizer plant in Texas that killed …
Fri, 18 May 2018 10:36:25 +0000
For the past 15 years, English insurance entrepreneur Stewart Donald has been steadily inching his way into soccer’s big leagues. He started helping out at his beloved third-tier Oxford United, then moved down the divisions with his full takeover of …
Fri, 18 May 2018 05:59:30 +0000
A new report shows doctors are issuing fewer opioid prescriptions in Wisconsin. The state Department of Safety and Professional Services released a report on May 16 from the Controlled Substances Board. The report examines data compiled through the sta...
Fri, 18 May 2018 05:48:00 +0000
Chicago-based CNA appointed Bruce Dmytrow to senior vice president, Healthcare. He reports to Kevin Smith, president and chief operating officer, CNA Specialty. Dmytrow joined CNA in 1995, most recently serving as vice president for Aging Services and ...
Fri, 18 May 2018 05:11:34 +0000
The $500 million settlement Michigan State University reached with more than 300 women and girls who said they were assaulted by sports doctor Larry Nassar doesn’t address claims against other parties, including Texas-based Bela and Martha Karolyi. The...
Fri, 18 May 2018 05:09:42 +0000
A North Carolina city employee isn’t owed workers’ compensation for an injury he suffered while smoking during a lunch break, the state appeals court ruled Tuesday. A three-judge panel of the North Carolina Court of Appeals said Larry Brooks’ fall …
Fri, 18 May 2018 05:00:55 +0000
While automated driving systems hold great promise to save lives and reduce crashes, the focus must remain on validating the safety of the technology every step of the way, according to the National Association of Mutual Insurance Companies (NAMIC). Fu...
Fri, 18 May 2018 05:00:47 +0000
A Milwaukee-area company will go to trial in a racial discrimination case after a federal judge declined to dismiss a lawsuit alleging the firm refused to hire a woman because she was black. U.S District Court Judge David E. Jones …
Fri, 18 May 2018 05:00:28 +0000
Canada’s finance minister said his plan to indemnify Kinder Morgan Inc. against losses on its Trans Mountain expansion project would be carried out in a commercially viable way. Bill Morneau said Thursday the government was not looking to give “a …
Fri, 18 May 2018 05:00:25 +0000
After a tumultuous 2017, the U.S. commercial lines market should eke out a small underwriting profit in 2018 assuming catastrophe losses return to more historical norms, Fitch Ratings said in a new report. Still, Fitch is maintaining a negative sector …
Fri, 18 May 2018 05:00:19 +0000
Some of the biggest U.S. insurers reduced their holdings of state and local government bonds after the corporate tax cut took effect this year, marking a retreat by a key buyer in the $3.9 trillion municipal-securities market. The disclosures, made …
Fri, 18 May 2018 05:00:16 +0000
Following four-and-a-half years of price decreases, global commercial insurance prices rose, on average, for the second consecutive quarter. This was largely driven by property insurance pricing, which continued to be affected by 2017 catastrophe losse...
Fri, 18 May 2018 04:49:22 +0000
Brightway Insurance is continuing its expansion with the opening of five new stores, four of which are located in the Southeast. The new stores that opened in the region include in Florida, South Carolina and Tennessee: Stephen Aldridge and Robert …