December 12, 2019

Thu, 12 Dec 2019 06:54:21 +0000
Stonetrust Commercial Insurance Co., based in Baton Rouge, Louisiana, has hired Brandon Lege as director of Loss Prevention and John Moore as a production underwriter. Lege was formerly the safety and training manager for Texas Petroleum Investment Co....
Thu, 12 Dec 2019 06:53:26 +0000
A Saranac, Michigan egg producer will pay $93,000 and provide other relief to settle a federal disability harassment and retaliation lawsuit, according to the U.S. Equal Employment Opportunity Commission (EEOC). The EEOC had charged that Herbruck Poult...
Thu, 12 Dec 2019 06:24:05 +0000
An Atmosphere of Caring The employees at the Central Texas-based independent insurance agency, The Nitsche Group, can’t seem to say enough about how proud they are of the great service the agency provides to its customers. Responding to Insurance Journ...
Thu, 12 Dec 2019 06:17:43 +0000
Nurturing the Entrepreneurial Spirit One of five core values that guide the operations of DSP Insurance Services in Schaumburg, Ill., states: “We will respect and support all employees.” The agency also pledges that it will “treat our employees as our …
Thu, 12 Dec 2019 06:15:59 +0000
Attorneys for Johnson & Johnson have appealed an Oklahoma judge’s order for the company to pay $465 million to address the state’s opioid crisis. The company argues in an appeal filed on Dec. 9 that the judge misapplied the state’s …
Thu, 12 Dec 2019 06:06:46 +0000
The Missouri Court of Appeals has ruled that insurance providers for the city of Columbia must pay $5.3 million to a man who spent nearly a decade in prison before his conviction for killing a Columbia sports editor was vacated. …
Thu, 12 Dec 2019 06:00:40 +0000
Canadian farmers — grappling with with lower crop income, adverse weather and a trade dispute with China — are using precision-agriculture technology aimed at reducing lending and insurance costs. Collecting intricate crop data allows individual farmer...
Thu, 12 Dec 2019 06:00:34 +0000
Alliant Insurance Services Inc. has added Los Angeles, Calif.-based Jennifer Blair to its West Coast employee benefits team. Blair will service an array of organizations across the region. Blair’s background includes employee benefits, human resources,...
Thu, 12 Dec 2019 06:00:24 +0000
Harvey Weinstein, the disgraced film mogul charged with rape, reached a tentative $47 million settlement with accusers, potentially putting an end to many of the civil complaints against him, according to a person with knowledge of the situation. The m...
Thu, 12 Dec 2019 06:00:18 +0000
You control your own destiny. That’s a cliche, but one would be hard-pressed to find a better way to summarize the mindset at EPG Insurance. The Scottsdale, Ariz.-based firm has lately been rolling out a “future org” chart at meetings …
Thu, 12 Dec 2019 06:00:17 +0000
Wyoming Gov. Mark Gordon is asking for a federal disaster declaration to help farmers affected by cold weather in October. Two cold spells with warm weather in between harmed sugar beet crops in northern and southeastern Wyoming. The first cold …
Thu, 12 Dec 2019 06:00:15 +0000
A government safety inspector who saw a popular New York City, doors-off sightseeing helicopter flight operation six months before a fatal 2018 crash called it “unorthodox,” but officials thought they had no authority to regulate it and allowed it to …
Thu, 12 Dec 2019 06:00:15 +0000
The 2020 outlook for the French insurance sector is negative, reflecting growing pressures on the property/casualty insurers’ profitability from low interest rates, Moody’s Investors Service said in a report. Moving further away from traditional guaran...
Thu, 12 Dec 2019 06:00:07 +0000
Mylo in Kansas City, Mo., has named Belen Tokarski chief operating officer. Tokarski has served as senior vice president, chief of strategy – commercial lines since August. Tokarski has more than 20 years of experience. Before joining Mylo, she was …
Thu, 12 Dec 2019 06:00:03 +0000
A federal agency awarded Alaska a $35.8 million federal grant to support earthquake disaster recovery efforts, officials said. The Department of Housing and Urban Development awarded the grant in response to the damaging quake that struck parts of sout...
Thu, 12 Dec 2019 05:58:36 +0000
Allianz UK has launched Cyber Select, a cyber offering designed primarily for mid-corporate businesses. Cyber Select’s cover is designed to deal with the consequences of unauthorized use of IT systems and data protection incidents. Customers will be in...
Thu, 12 Dec 2019 05:46:35 +0000
Historic cities and towns along the Southeastern U.S. coast have survived wars, hurricanes, disease outbreaks and other calamities, but now that sea levels are creeping up with no sign of stopping, they face a more existential crisis. With a total …
Thu, 12 Dec 2019 05:22:08 +0000
Commitment to Culture Those working for BKS-Partners aren’t just employees – they are referred to as colleagues company-wide, and they really love where they work. More than 90 of the company’s 450-plus “colleagues” responded to Insurance Journal’s 201...
Thu, 12 Dec 2019 05:07:22 +0000
Sage Insurance Holdings LLC (Sage), a California wildfire-focused homeowners insurance provider, has increased its capacity and will now write exposures up to $4 million TIV. For a primary home, that translates to an allowable Coverage A of $2.1 millio...
Thu, 12 Dec 2019 02:24:06 +0000
Hannover Re and a parametrics company along with several German economic development agencies have created a natural disaster fund targeting investments in risk-transfer instruments relating to natural catastrophes and climate risks in developing marke...
Wed, 11 Dec 2019 17:56:39 +0000
Medical workers treated nearly a dozen people and firefighters evacuated a building Monday after a chemical reaction caused injuries inside a manufacturing plant. The Montgomery Fire Department said the incident happened after chemicals became mixed ac...
Wed, 11 Dec 2019 17:42:24 +0000
Federal authorities are investigating a cyberattack on the city of Pensacola, Florida, home to the naval air station where a Saudi flight student killed three sailors and wounded eight others on Friday. Mayor Grover Robinson on Monday said it’s not …
Wed, 11 Dec 2019 17:34:35 +0000
South Carolina Department of Insurance Director Ray Farmer and Florida Insurance Commissioner David Altmaier have been elected to the positions of president and president-elect, respectively, of the NAIC (National Association of Insurance Commissioners...
Wed, 11 Dec 2019 17:02:17 +0000
Bruce Kelley, CEO, president and treasurer, has informed the Employers Mutual Casualty Co. (EMC) board of directors that he is retiring in March, 2020 after 35 years with the insurer Scott Jean, currently executive vice president for Finance and Strate...
Wed, 11 Dec 2019 17:00:27 +0000
The votes have been tallied and the results are in for the 2019 Best Independent Insurance Agency to Work For survey by Insurance Journal. The winners have been chosen by employees. Employees of the Best Agencies to Work For in …
Wed, 11 Dec 2019 15:37:38 +0000
About one-fifth of the California Public Employees’ Retirement System public markets portfolio is exposed to potential losses from climate change, the $381 billion pension fund manager reported this week in its first ever climate-risk disclosure report...
Wed, 11 Dec 2019 14:33:38 +0000
Reinsurance broker BMS Group announced a series of management changes within its U.S. reinsurance team as the intermediary continues its expansion. This follows the completion in October of a large-scale investment into BMS by British Columbia Investme...
Wed, 11 Dec 2019 14:21:53 +0000
Workers’ compensation claims have emerged as another yardstick for measuring the devastation of the mass shooting in Virginia Beach. The Virginian-Pilot reported Sunday that 450 city employees have filed for workers’ compensation benefits. The vast maj...
Wed, 11 Dec 2019 13:48:36 +0000
Tourists caught in the deadly blast at New Zealand’s White Island were there despite a recent increase in volcanic activity, although experts said precise predictions on eruptions were all but impossible. Five people were killed, eight are still missin...
Wed, 11 Dec 2019 13:39:39 +0000
Federal Aviation Administration (FAA) chief Steve Dickson confirmed Wednesday the agency will not allow Boeing Co.’s grounded 737 MAX, involved in two fatal crashes in five months, to resume flying before the end of 2019. Dickson told CNBC in an …