Thu, 20 Feb 2020 06:36:34 +0000
A woman accused of stealing from a Beatrice, Neb., insurance agency has been fined $400. Gage County Court records say Nicole Nelson paid the fine; the 45-year-old had pleaded no contest to a misdemeanor theft charge. She originally was charged …
Thu, 20 Feb 2020 06:34:25 +0000
Digital transformation is making it possible for the insurance industry to engage customers with personalized interactions that lead to products and services tailored to their individual insurance needs. Unfortunately, the industry isn’t exactly made u...
Thu, 20 Feb 2020 06:00:52 +0000
The Oregon Occupational Safety and Health Administration has fined two companies for safety violations that led to the deaths of two workers at a Portland, Ore., area music festival. OSHA issued $31,000 in fines to Pickathon LLC and GuildWorks LLC …
Thu, 20 Feb 2020 06:00:22 +0000
Most insurance companies plan to either maintain current staffing or add new employees over the next 12 months, The Jacobson Group and Aon have found. At the same time, their new Semi-Annual U.S. Insurance Labor Outlook Study determined that companies …
Thu, 20 Feb 2020 06:00:14 +0000
The estate of a man who was killed in a drunken driving crash in 2017 and a crash victim who survived are suing the Prineville, Ore., bar that over-served driver Justin Bittick. The estate of Stephan Mitchell Leader-Bowles filed suit …
Thu, 20 Feb 2020 06:00:05 +0000
Flagstaff, Ariz.’s mayor hailed a federal agency’s commitment of $52 million for a major flood control project, saying it will protect the northern Arizona city from potentially catastrophic effects of flooding from storm runoff while promoting economi...
Wed, 19 Feb 2020 22:26:44 +0000
A World Bank bond designed to deliver funding to help the world’s poorest countries to tackle fast-spreading diseases has lost half its value as the coronavirus outbreak in China has fanned fears that investors could face hefty losses. After the …
Wed, 19 Feb 2020 20:44:04 +0000
United Fire Group Inc. on Tuesday reported a loss of $23.2 million in its fourth quarter. On a per-share basis, the Cedar Rapids, Iowa-based company said it had a loss of 93 cents. Losses, adjusted for investment gains, were $1.04 …
Wed, 19 Feb 2020 17:39:51 +0000
A maritime salvage company is asking a federal judge to stop the Coast Guard and a rival firm from carrying out their plans to remove a cargo ship that overturned five months ago on the Georgia coast. The multiagency team …
Wed, 19 Feb 2020 17:32:55 +0000
Forecasters expected more heavy rains in parts of the flood-ravaged South on Tuesday, prolonging the misery in neighborhoods surrounded by water. Some of the hardest-hit areas were under a flash flood watch, as the National Weather Service said as much …
Wed, 19 Feb 2020 16:09:20 +0000
Trupanion Trupanion Inc. (TRUP) reported fourth-quarter net income of $636,000, after reporting a loss in the same period a year earlier. The Seattle-based company said it had profit of 2 cents per share. The results surpassed Wall Street expectations....
Wed, 19 Feb 2020 15:40:01 +0000
A fire at a Citgo refinery in in Corpus Christi, Texas, has been extinguished with no injuries, according to the petroleum company. The fire began in a pipeline owned by a third party shortly after 8:30 a.m. on Monday and …
Wed, 19 Feb 2020 15:37:58 +0000
Three downtown businesses in a small southwestern South Dakota community have been lost in a fire, according to the city’s mayor. The Vault restaurant, China Buffet and the Quilt Shop were burned in the massive fire in Hot Springs, Mayor …
Wed, 19 Feb 2020 15:30:56 +0000
Everest Insurance has added four underwriters within its Excess & Surplus Casualty Excess group. The new members of the group include: Kelly Doyle, who joins Everest as a senior underwriter based in the company’s Chicago office. Most recently, Doyle wo...
Wed, 19 Feb 2020 15:30:40 +0000
A third Republican said that he will run for the party’s nomination for Montana state auditor. Scott Tuxbury is an insurance underwriter who has worked to bring new insurance companies to Montana and design new insurance programs, he said in …
Wed, 19 Feb 2020 15:29:07 +0000
Icy roads caused multiple crashes and temporary highway closures in Utah on Monday, officials reported. There were at least 84 crashes statewide Monday morning since midnight, according to the Utah Highway Patrol. Most were in northern Utah. I-15 and U...
Wed, 19 Feb 2020 14:59:33 +0000
The U.S. Department of Homeland Security has alerted energy and other infrastructure firms to review their cybersecurity after a ransomware attack interrupted a natural gas compression facility. The attack caused the unidentified pipeline facility to l...
Wed, 19 Feb 2020 13:51:29 +0000
Residents in central England and Wales braced for more flooding as rivers peaked in the wake of a weekend storm that brought up to 6 inches (150 mm) of rain to an already waterlogged region. Environment agencies in England and …
Wed, 19 Feb 2020 13:37:14 +0000
Risk Strategies, a privately held, national insurance brokerage and risk management firm, has acquired UNIRISC Inc., a specialist in the global relocation insurance and risk management needs of corporate personnel and private individuals moving domesti...
Wed, 19 Feb 2020 13:32:39 +0000
Attorney General William Barr is taking aim at a legal shield enjoyed by companies such as Alphabet Inc.’s Google and Facebook Inc. as the provision comes under increasing fire from both liberals and conservatives. Barr has accused social media compani...
Wed, 19 Feb 2020 13:10:39 +0000
New York law firm Abrams Fensterman has expanded its Insurance Defense practice with the addition of a team of attorneys – two partners, five associates and support staff members – that specialize in insurance, including fraud and Special Investiga...
Wed, 19 Feb 2020 13:08:11 +0000
Authorities say a worker at a New Jersey mall was seriously injured in a 30-foot fall from the roof over the weekend. Roxbury police were dispatched to the Ledgewood Mall shortly after 1 p.m. Saturday after the man, a demolition-construction …
Wed, 19 Feb 2020 11:56:44 +0000
Global warming was leading to an “irreversible” mass melting of the Antarctic ice and purging carbon from the atmosphere was the only solution to slow the process, an Australian climate scientist told Reuters on Wednesday. Recent human activity has int...
Wed, 19 Feb 2020 11:33:33 +0000
Argo Group International Holdings Ltd., the Bermuda-based re/insurer, announced the appointment of Thomas A. Bradley as chairman of the board of directors upon the retirement of current board chairman Gary V. Woods, whose term concludes on April 16, 20...
Wed, 19 Feb 2020 09:22:37 +0000
Chinese policymakers have implemented a raft of measures to support an economy jolted by a coronavirus outbreak that is expected to have a devastating impact on first-quarter growth. The People’s Bank of China (PBOC) is attempting to restore investor c...
Wed, 19 Feb 2020 06:42:12 +0000
RLI Transportation, a division of RLI Insurance Company, has partnered with Samsara, an industrial IoT company that provides sensors and software to manage vehicle fleets and industrial operations. The partnership will provide RLI Transportation custom...
Wed, 19 Feb 2020 06:22:05 +0000
A student is suing Drake University in Des Moines, along with a fraternity at the school and several fellow students for an unspecified amount after he said he nearly died from a hazing incident. Court documents filed Feb. 7 show …
Wed, 19 Feb 2020 06:17:42 +0000
Requests for proposals (RFPs) are everywhere these days. As internet sourcing makes the market more competitive, insurance brokers who are able to quickly and accurately complete RFPs can see huge benefits and gain a strategic advantage. Though new RFP...
Wed, 19 Feb 2020 06:12:58 +0000
The wind and hail insurance carrier of last resort for counties along the Texas coast has determined that its 1-in-100 probable maximum loss (1:100 PML) for the 2020 catastrophe year is $4.2 billion. At a quarterly meeting in Austin on …
Wed, 19 Feb 2020 06:05:26 +0000
A new bill introduced in Ohio would strengthen Ohio’s laws regarding the use of wireless devices, including smartphones, while driving. The Hands-Free Ohio bill, sponsored by Sen. Stephanie Kunze (R-Hilliard) and Sen. Sean J. O’Brien (D-Bazetta) would,...