National News

California Commissioner Explains Call for Insurer Divestment from Coal

One can say California Insurance Commissioner Dave Jones has a beef with coal. Jones made a bold move on Jan. 25 when he asked all insurance companies doing business in California to voluntarily divest from their investments in thermal coal …

Hartwig to Leave I.I.I. for University of South Carolina Faculty Post

Dr. Robert Hartwig, an economist and the president of the industry’s  Insurance Information Institute (I.I.I.) since 2007, is leaving this summer to join the faculty of the University of South Carolina’s Darla Moore School of Business, the organization announced. “My …

XL Catlin Promotes Elder to Chief Marine Underwriting Officer for Americas

XL Catlin today announced the promotion of Anne Marie Elder to the role of chief underwriting officer of Marine for the Americas region. Elder, who previously held the position of senior vice president and chief underwriting officer, Inland Marine in …

Major Railroads Say They’ll Again Miss Safety Deadline First Set in 2008

Three of the biggest freight railroads operating in the U.S. have told the government they won’t meet a 2018 deadline to start using safety technology intended to prevent accidents like the deadly derailment of an Amtrak train in Philadelphia last …

Surge in Auto Claims Dampens Allstate Q4 Profit

Allstate Corp., the largest publicly traded U.S. car and home insurer, said fourth-quarter profit fell on a surge in auto claims. Net income declined 41 percent to $489 million, or $1.18 a share, from $824 million, or $1.86, a year …

Led Zeppelin’s ‘Stairway to Heaven’ Leads Rock Legends to Courthouse

The surviving members of Led Zeppelin have all been questioned in a lawsuit that alleges their hit Stairway to Heaven was filched from an obscure song by the band Spirit. Jimmy Page, John Paul Jones, and Robert Plant were each …

Long Hours for Surgeons Not Higher Risk to Patient Safety: Research

A new national study led by Northwestern Medicine showed allowing surgical residents the flexibility to work longer hours in order to stay with their patients through the end of an operation or stabilize them during a critical event did not …

XL Catlin Unveils Workplace Violence Coverage for Mid-Size Companies

XL Catlin has introduced a new insurance policy to help mid-size companies in the U.S. respond and recover from incidents of workplace violence. According to Denise Balan, Americas Head for XL Catlin’s Crisis Management insurance business, an act of workplace …

Rival Insurance Pros Assess Super Bowl Risks and Probability of Loss

Carolina Panthers quarterback Cam Newton can be wild and the Denver Broncos’ Peyton Manning is no spring chicken. Which QB is the best insurance risk? Insurance Journal wanted to learn how insurance professionals assess that and other risks associated with …

Data Conversion Startup Captricity Gets White Mountain Insurance Backing

Captricity Inc., an Oakland, Calif.-based startup that gives businesses in regulated industries easy access to customer data trapped in handwritten forms, has raised $35 million in a Series C round of financing led by White Mountains Insurance Group. The latest …

National News Archives by Month