News for October 2015
- South Carolina-Based Marine Insurance Agencies Merge to Form New Company
- Partners Insurance Hires McDonald as Broker in Massachusetts
- Marsh Enhances D&O Difference in Conditions Coverage
- Judge Tosses Concussions Lawsuit Against Illinois Prep Group
- Selective Insurance Group Reports $47M Q3 Net Income
- Superstorm Sandy: Ohio’s 6th Costliest Natural Disaster
- Rate of Workplace Injury, Illness Dropped in Texas in 2014
- Wildfires Threat in Texas Increased Over Past 15 Years
- State Auto’s Restrepo Honored with Lifetime Achievement Award
- 3 Years After Sandy, Thousands of Storm Survivors Still Can’t Go Home
- SBA Offers Low-interest Wildfire Disaster Loans to Washington Businesses
- Deputy Sues Oregon Restaurant After Being Asked to Prepay
- New Mexico Jury Holds Utility Companies Partially Liable for Fire
- Homeowner Files Lawsuit Against Four Seasons Resort in Hawaii
- World Insurance Appoints Heads of Personal, Commercial Lines in N.J.
- Ace Private Risk’s Courtemanche Joins Boston’s Risk Strategies Co.
- Crime Jumps When Clocks Turned Back: Study
- Willis Reports Q3 Net Income of $117M, Compared to $7M Net Loss in Q3 2014
- AIG Has Been Mulling Sale of Mortgage Insurance Unit: WSJ
- Validus Reports $22 Million Hike in 3rd Quarter Net Income to $66.7 Million
- Aon’s Q3 2015 Net Income down 5%; 15% for 1st 9 Months
- Lloyd’s China, Tokio Marine Kiln & PICC Sign Intellectual Property Liability Deal
- XL Catlin Appoints Murias Senior Aviation Underwriter for Brazil
- Aviva CEO: Jump in New Business Will Allay Fears About Friends Life Acquisition
- New British Insurance Premium Tax Hike Could Further Squeeze Insurer Margins
- West Virginia Train Derailment Lawsuit Moved to Federal Court
- Florida Man Injured by Exploding E-Cigarette
- South Carolina Homeowners Face Expensive Repairs to Unsafe Dams
- ANBTX Insurance Services Adds Baker in Dallas
- Economics of Climate Change, Climate Fiction and Climate Control
- Allstate Names Green as President of Encompass Insurance
- Call for Splitting AIG a Challenge to CEO Hancock
- Smith Brothers Acquires Bayberry Insurance in Connecticut
- Arch Capital Reports Q3 Net Income of $74.5M, vs. $223.2M in Q3 2014
- Surplus Lines Stamping Office of Texas Phone Numbers Changing
- Cost of Oklahoma Health Plans Skyrocketing
- New Jersey Sandy Protesters Blast Gov. Christie
- Florida Regulators ‘Encouraged’ by Insurers’ Stress Test Results
- A.M. Best: Outlook Stable for Midwest Builders’ Casualty Mutual, Subs
- Shortchanged Sandy Victims Get More Flood Insurance Cash After Claims Review
- Nebraska Man Gets Jail Time in Auto Insurance Fraud Case
- Hanover Q3 Profit Increases 42% to $78M
- Texas’ Population Spread, Wildfires Bring New Era of Firefighting
- Arnold Joins Underwriting Team at Ashley General Agency
- Insurance Agents & Brokers in Penn. Announces Newly Elected Directors
- National Tire and Battery to Pay $22.5K to Settle Employee Harassment Suit
- North Dakota Lawmakers Criticize Proposed $3B Crop Insurance Cut
- Judge Orders Wyoming Restaurant to Pay $11.4M in Salmonella Case
- 188 People Sickened by Infection Tied to California Restaurant
- Lovitt & Touché in Arizona Names Osborn Vice President
- Commercial Insurance Rates, Except Auto and Flood, Still Falling: CIAB
- Budget Deal Called ‘Devastating’ to Crop Insurance
- Atlantic Hurricane Season Enters Final Stretch with No-Hit Record Intact
- Arthur J. Gallagher Creates Technical Advisory Board; Appoints Jack as Head
- Swiss Re’s 1st 9 Months 2015 Consolidated Net Income up 12% at $3.659 Billion
- Talbot Australia Appoints Crisis Management Underwriting Team
- Hiscox Appoints Waddell to Lead General Liability Team with Focus on U.S. Risks
- Swiss Re Estimates Its Tianjin Port Explosion Losses Will Hit $250 Million
- High-Tech Weather Forecasters Still Rely on Old-Fashioned Balloons
- Judge Rules Lawyer’s Traffic School in Louisville Unconstitutional
- New Study Aims to Help Georgia Motorists Avoid Deer Collisions
- Berkshire Hathaway GUARD Appoints Henderson as Florida Field Executive
- Concklin Named Field Rep for Berkshire Hathaway GUARD in Colorado, Utah
- Activist Paulson Joins Icahn’s Call to Break Up AIG
- Top Insurance Lobbyists on Capitol Hill
- Premiums on New Jersey Health Exchange Rising 5%
- New Hampshire Approves Workers’ Comp Loss Cost Decrease of 5.9%
- EPA: Missouri Landfill Fire Fix to Come by Year’s End
- N.Y. Sen. Gillibrand Calls for More Transparency in NFIP Claims Process
- Indiana Judge OKs Facebook Messages in Marina Fire Trial
- Illinois Trucking Company Must Pay $240K in Religious Discrimination Suit
- Texas Insurance Agent, Another Man Sentenced for Ponzi Scheme
- Heritage Taps Hutchinson to Lead Sales & Marketing in Mass., R.I.
- Target Markets Study: Program Business Revenue Doubled in 5 Years
- Lyft Becomes First to Offer Ridesharing at Las Vegas Airport
- West Coast Towns Vulnerable to Tsunamis Consider Ways to Save Lives
- Earthquake Swarm Around San Francisco Persists
- Argo Group Reports Q3 Net Income of $35.3M vs. $44.7M for Q3 2014
- California DMV Agreement Changes How Motor Vehicle Records Are Handled
- IBM to Buy Weather Co.’s Business, Web Properties to Expand Watson
- Investor Icahn to AIG: Break-Up P/C, Life, Mortgage Units Now
- Marsh Says It’s ‘On Track’ After Q3 Results
- House Votes to Extend Transportation Funding, Railway Safety Deadline
- Sen. Warren Criticizes Legal ‘Kickbacks’ to Annuity Sales Agents
- Validus Group Appoints Zhou as China Representative
- Argentina Regulator Says Insurers’ Dollar Assets Cannot Exceed Liabilities
- Best’s Italian Insurance Sector Report Sees Growth Despite Weak Economy
- AXIS Q3, 9 Month Earnings Hit by Investments, Loss Events
- Ace Sells $5.3 Billion of Bonds for Chubb Deal
- Ping An Profit Rises 32% as Higher Premiums Offset Stock Market Slump
- Insurers Unprepared for Costs of Climate Change, Warns UN Climate Diplomat
- What Are Chances a U.S Business Will Face an Employee Lawsuit?
- CoreLogic: $18B in Potential Losses from South Carolina’s ‘Record-Breaking’ Storm
- Florida’s Orchid Underwriters Enters Commercial E&S Business, Hires 2 to Lead
- Testing Shows Chemicals in Well Water Near Tennessee Power Plant
- Distinguished LLC Acquires Fulcrum Programs in Washington
- CUNA Mutual Group Names Brown Chief Investment Officer
- GDP Advisors Acquires The Insurance Connection of Texas
- Texas Lawyer Indicted Over Allegedly False BP Spill Claims
- Group Enhances Online Training for Employment Practices Risk Management
- Hanover Offers Insurance Tips for New Car Shoppers
- Fire Destroys Businesses in Illinois City; Draws Over 100 Firefighters
- Montana Bar to Blame for Woman Who Stole Truck And Died in Crash, Railway Says
- Outlook for Homeowners Insurance Market Improves: Aon
- Southern California Utility Gets $400M Insurance Settlement over Closed Nuke
- Number of Deaths from Drunken Driving Nearly Doubled in Utah
- Ace Group $5.3 Billion Bond to Help Finance $28.3 Billion Acquisition of Chubb
- N.J. Neurologist Charged With Illegally Using Runner to Recruit Patients
- Opioid Overdose Fatalities Appear to Be Increasing in Massachusetts
- The Hartford Earnings Fall in Q3
- Albanese to Exit as New York’s Financial Regulator Before End of Year
- Everest Re Reports Q3 Net Income of $88.6M, Compared to $274.9M in Q3 2014
- House Advances Export Import Bank Bill
- AIG Seeks $2 Billion in Case Against Life Settlements Firm
- XL’s Q3 Operating Net Income Down to $70.8M on Integration Costs, Cat Losses
- Berkshire Hathaway Expands in Australia/NZ with Marine, Transport, Logistics
- Celebrities’ Mexican Holiday Homes Pummeled by Hurricane Patricia
- PartnerRe’s Q3 Earnings Impacted by EXOR Acquisition, ‘Difficult’ Market
- No ‘Significant Losses’ Expected from M7.5 Hindu Kush Quake: AIR Analysis
- Hackers Find New Battleground in Space, Targeting Satellites in ‘Trophy Attacks’
- Mexico’s Hurricane Patricia May Hit Catastrophe Bondholders
- Georgia Man on Motorized Wheelchair Cited for DUI
- Judge Claims Regulators Not Enforcing Duke Coal Ash Clean-Up in North Carolina
- Aon Expands Florida Reinsurance Operations
- Florida-Based U.S. Cat Adjusters Names Cornett Director of Marketing
- Texas Sets Seasonal Worker Adjusted Gross Annual Payroll Requirement
- Hurricane Patricia Takes It Relatively Easy on Texas
- Study Shows Pay Gaps for Women, Minorities at U. of Missouri
- Safety Experts: Oklahoma Quakes a National Security Threat
- Louisiana Workers’ Comp Insurance Rates Set to Decline Again
- Injury Claims Become Commodities with Litigation Funding, Claim Aggregation
- R. E. Chaix & Associates Taps Crombie in California
- Strong Quake Hits Afghanistan, Pakistan, India; Ongoing Search for Survivors
- N.J. Lawmakers: FEMA Maps May Have Exaggerated Flood Risk Across State
- CoreLogic Report: ‘Windy City’ Not the Windiest City
- Hiscox USA Names Wong as National Broker Manager, Bailey as Southwest Executive
- PivotPoint Analytics Launches Cyber Risk Assessment Product
- Trial Ordered for Penn. Homeowner Accused of Arson, Brother’s Death
- Distracted Driving Ban Takes Effect in Arizona City
- Alaska City Considering $500 Ticket for Texting While Driving
- Airbnb Under Siege From Hostile Ballot Measure in San Francisco
- New Hampshire’s Bipartisan Summit Examines Coastal Flooding
- FEMA Urges Californians to Buy Flood Insurance Ahead of El Nin᷈o
- Guy Carpenter Says Wildfire Losses May Exceed $1.75B
- Using Hands-Free Technology While Driving Is ‘Surprisingly’ Risky: AAA Research
- Greenlight Re Posts Q3 Loss on Poor Investment and Underwriting Performance
- Swiss Re America’s Donnell to Succeed Klingel as NCCI CEO
- House May Attempt to Revive Export-Import Bank
- Judge Dismisses Facebook Tracking Suit; Finds No ‘Realistic Harm’
- Volkswagen Wants 350 Diesel Fraud Claims Consolidated
- Erie Indemnity CEO Cavanaugh to Retire at End of 2016
- Allianz Launches Subsidiary in Kenya
- CNA Hardy Launches New Website
- Reinsurance Broker TigerRisk Hires Ex-AIG, Hanover Exec. Bensinger as Adviser
- Ironshore Acquires Novae Group’s Agricultural Team and Renewal Portfolio
- Qatar Insurance Posts 20% Premium Rise for 1st 9 Months of 2015
- Mexico Losses from Hurricane Patricia ‘Won’t Exceed $200 Million:’ AIR Analysis
- Distillery, University of Kentucky Clash Over Use of Word ‘Kentucky’
- North Carolina Man Accused of Auto Insurance Fraud
- Donelon Re-Elected Insurance Commissioner in Louisiana
- Central Texas Wildfire 100% Contained
- Alabama Schools Look to Suspend Drivers Licenses of Truant Students
- Florida Supreme Court to Decide on Medical Marijuana Amendment
- Former West Virginia Mine Worker Talks Safety Shortcuts in Blankenship Trial
- Hurricanes not the Only Storms to Hit Texas Coast
- 4 Dead, Dozens Injured, in Oklahoma State Parade Crash
- Kansas to See Lower Workers’ Comp Insurance Rates
- Arthur J. Gallagher Acquires Ohio’s Sigma II Insurance Agency
- Great American Names Honeycutt Divisional President, Conklin Divisional Exec. VP
- Indiana Sets New Record for Preventable Medical Errors
- Arkansas Panel Wants Definition of ‘Small Business’ Expanded
- Hurricane Patricia Targets Mexico; 400K People, Ports, Insurers at Risk
- Police: 7th St. Louis Church Property Torched in 2 Weeks
- N.Y. Gov. Cuomo Calls for Statewide Licensing System for Uber, Lyft
- HM Insurance Group Announces 2 New Hires in Pennsylvania
- El Paso Blanketed with Hail, Heavy Rain Expected as Storm Moves East
- Alabama Fire Department Haunted House Shut Down by Fire Marshall
- Erie Insurance President & CEO Cavanaugh to Retire at End of 2016
- Philadelphia Insurance Launches Integrated Technology Product
- Donegal Group Reports $5.7M Q3 Net Income
- Ameriana Bancorp to Sell Ameriana Insurance Agency to Indiana Group
- Court Hears Challenge to Missouri Noneconomic Damage Limits
- Arkansas Appeals Court Upholds Bulk of $2.75M Award for Family Dollar Ex-Workers
- Louisiana Supreme Court: Grocer not 100% Liable for Slip, Fall
- Study: Larger Oklahoma Quakes Caused by Industrial Activity
- Owners of Home Destroyed by Wyoming Landslide File Suit Against Contractor
- Estate of Oregon Man Files Suit Against Home Care Agency in Death
- 99.9 Percent Probability of L.A.-Area Earthquake: Study
- Everest National’s Koehler Named President of OneBeacon’s New Financial Institutions Unit
- Cyber Sharing, Liability Bill Makes Progress in Senate
- Best Affirms Munich Re and Subs Ratings; Outlook Stable
- Lloyds Banking Group Braces for Additional $1.6 Billion PPI Charge
- Auto Insurance Market to Shrink 60% by 2040: KPMG
- Patria Re Set to Become First Mexican Insurer to Join Lloyd’s Platform
- Four Specialist M&A Underwriters Join Marketform to Write $77 Million Line
- Spain’s Insurance Market has Continued to Show Resilience: A.M. Best
- Cat 5 Patricia ‘Strongest Eastern North Pacific Hurricane on Record:’ NHC
- Roth Joins Insurance Wholesaler, Founders Professional, in Chicago
- The Hilb Group Acquires Gentry Insurance of Florida
- Mertz Insurance Joins Valley Insurance Agency Alliance
- Atlanta Judge Dismisses Sperm Donor Misrepresentation Suit
- Florida Couple Charged After Receiving Sinkhole Settlement, Selling Home
- Mississippi Governor Issues Indefinite Burn Ban for Entire State
- Lockton Adds de Nazarie as VP, Producer in Chicago
- Chubb Shareholders Say No to Finnegan’s $80M Golden Parachute
- Teen Driving Deaths Down 57% in 7 Years in Illinois
- Uber Pushing to Expand Throughout New York State
- Chubb Shareholders Approve Merger with Ace
- Carwash Owners Sue New York City Over New Surety Bond Rules
- 68 Homes Burned in Central Texas; Wildfire 80% Contained
- Delaware Won’t Approve ‘Widow’s Penalty’ in Setting Auto Rates
- Big ‘I’ Adds Webb to Capitol Hill Team
- CNA Lights Up Chicago Skyline with Cubs Logo
- Lawsuit Charges California School Failed to Report Abuse Allegation
- Washington Wildfire Disaster Declaration Approved by President
- Nevada Will Add 7 Employees to Oversee Rideshare Companies
- ICT: Less than 25% of Texas Homeowners Carry Flood Insurance
- Colorado Woman Trapped for Days After Crash Sues G.M.
- St. Louis Police Increase Patrols in Wake of Church Fires
- Carriers Returning to Illinois Health Insurance Marketplace
- Letters Warn Louisiana Drivers of Fines for Lapsed Insurance
- Large Feral Hog Population a Big Pain for Arkansas Farmers
- Fine for Not Having Health Insurance Is Going Up
- A Wary Drone Industry Awaits Details of Registry
- Ace’s Greenberg Says Chubb Integration Will Take Years
- NHC Tracking Hurricane Patricia, as It Nears Mexican Coast
- ABIR Head Lauds Brazil Decision to Phase out Local Reinsurance Mandates
- ACE Q3 2015 Net Income Down 32.7% at $528 Million; Operating Income Up
- Towers Watson Focused on Irish Tax Edge in $8.7 Billion Deal with Willis
- Allied World Posts $51.6 Million Q3 Net Loss; GWP Increase
- Lash Named President of Hylant’s Cincinnati Office
- Former South Carolina Lawmaker Viers Sentenced for Insurance Money Laundering
- Multi-County Mississippi Prescription Drug Fraud Sting Leads to 8 Arrests
- Florida’s Normandy Insurance Promotes Cook to Underwriting Manager
- BHSI Adds New Leadership, Expands Executive, Professional Lines Offerings
- Data Call Deadline Approaching for Property Insurers in Georgia
- Kingstone Approved to Write P/C Insurance in Connecticut
- For Vermont Police, Checking for Pot-Impaired Drivers Is Work in Progress
- Insureon Lands $31M Investment from Oak HC/FT
- NORCAL Expands Medical Professional Liability Coverage to Arizona
- P/C Insurers Posted $31B Profit for 2015 1st Half, Highest 1st-Half Income Since ’07
- K&K to Partner with Producers to Provide New Program Business Markets
- South Dakota City to Open $5.8M Facility Rebuilt with Insurance Funds
- Wisconsin’s Ashley Furniture Again Cited for Alleged Safety Hazards
- Arkansas Drought Heightens Fire Risk, Lowers Lake Levels
- Workers’ Comp Medical Payments in Illinois Rose in 2013: Report
- Oklahoma Commissioner to Insurers: Clarify Earthquake Coverage
- Rate Changes in Store for Texas Auto Insurance Plan
- Family of Oregon Girl Who Died in 2014 Plane Crash Sues Manufacturer
- Quakes Still Rattling Area East of San Francisco
- Swett & Crawford’s MGA Adds Two Lumber Underwriters in California
- PwC Concludes South African Insurers Seeking Technology Partnerships
- Lloyd’s Signs MoU with China’s Taiping Insurance Group
- Obama Administration Names Task Force to Create Drone Registry
- Senate Takes Up Cyber Liability Bill
- Sony Settles Employees’ Suit Over ‘The Interview’ Data Breach for $8 Million
- Willis Capital Market Report Finds Decline in ILS Issues as Growth Stabilizes
- Munich Re Working with Clients to Develop Solutions for ‘Digitalization’
- Rivera Appointed CEO of Aon Benfield’s Colombian Reinsurance Business
- Oswald Companies Names Hedrick as P/C Client Experience Leader in Cincinnati
- Mississippi Court: Apartment Complex Can be Sued Over Resident’s Murder
- Fire at Georgia Apartment Complex Leaves 40 Homeless
- Second Family Files Lawsuit in Florida Over Sunken Ship
- Mississippi Insurance Department Adds Tina Parker to Consumer Team
- California Commissioner Approves Reduced 2016 Pure Premium Rate Filing
- USAA to Offer Rideshare ‘Gap Protection’ Coverage in Massachusetts
- Travelers Insurance Sales, Underwriting Improve in Q3
- XS Brokers Announces 5 New Hires in Massachusetts
- Virginia Bureau of Insurance Announces 2 New Deputy Commissioners
- Farmers Insurance Agrees to Settle Missouri No-Call Lawsuit
- Prescription Drug Overdose Deaths Fall 5% in Oklahoma
- Deadline for Applying to Texas FAIR Plan Assoc. Governing Committee Extended
- Mass. to Hold Public Hearings on Homeowners Insurance Marketing & Sales
- Fires at 5 St. Louis-Area Churches in a Week Deemed Suspicious
- Former Basketball Coach Nets $700K Settlement with University of Hawaii
- Oregon Clinic Slapped With $2.2M Wrongful Death Suit
- Penn. Reminds Drivers: Insurers Can’t Add Surcharge for Deer-Related Crash
- Southeast Missouri Rattled by Small Earthquakes
- Progress Made Against Central Texas Wildfire
- Hylant Picks Riley as President of Cleveland, Ohio Office
- Private Equity Firm Kelso to Acquire Majority Stake in Boston’s Risk Strategies
- Integro Names Holley Principal in its California Office
- Climate Change Adds Billions to U.S. Hurricane Losses: Study
- Hanover CFO Greenfield Dies; CEO Eppinger Assumes Role
- Lloyd’s CEO Beale, 5 Others in Insurance Named LGBT Role Models
- Zhang to Head New Odyssey Re Representative Office in Beijing
- Dewey Case Ends with Hung Jury; Top Execs Avoid Jail
- ABI Notes UK Government Report Shows Rising Cyber Crimes
- Marine Crimes in SE. Asia at Highest Level in Years: Dryad Maritime Study
- Swiss Re Names Baertschi President of Reinsurance – Latin America
- AIR Analyzes Typhoon Koppu’s Heavy Flooding Impact on the Philippines
- South Carolina Issues Emergency Orders to 63 Dam Owners
- MarketScout Hires Wittwer to Private Client Solutions Division in South Carolina
- South Carolina Bar Ordered to Pay $3.85M for Serving Drunk Driver
- Report: West Virginia Leads U.S. in Prescription Drug Overdoses
- Supreme Court to Hear Bids to Thwart Triple Damages in Patent Cases
- Missouri Glass Company to Appeal OSHA Penalties
- 4 N.J. Residents Charged With Staging Car Crash, Seeking Insurance Payouts
- Farmers Insurance Launches Rideshare Insurance Coverage in Kansas
- Western-Themed Center in Northeast Texas Damaged by Fire
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