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Daily Headlines
January 20, 2017
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Today's Headlines


Cost of Most Serious Workplace Injuries Falls: Liberty Mutual

Workplace injuries and accidents that cause employees to miss six or more days of work cost U.S. employers $59.9 billion in 2014, the most ...

Investigation Concludes Tesla Not at Fault in Self-Driving Car Crash

The push to bring self-driving cars to American roads got a significant boost on Thursday when the nation's chief auto safety regulator ...

AIG Signs Major Reinsurance Deal with Berkshire's National Indemnity

American International Group Inc. announced that it has entered into a reinsurance agreement covering many of the long-term risks on ...

Nationwide Using Mobile-App Startup Sure to Sell Renters Insurance

On-demand insurance agency Sure has signed Nationwide as a partner in offering renters insurance via its real time mobile app. Using the ...

From MyNewMarkets.com Trump's Impact on the EPLI Market

There is no shortage of liability issues hanging over employers these days as the Trump Administration assumes office. Some controversial...
Carrier Management

The Proactive Leader

Many managers believe that their job is to resolve problems that arise. They wait for the next challenge. And many are...

Massachusetts Court Reminds Auto Insurers of Importance of Retail Book Value

A Massachusetts appeals court used a recent case to warn auto insurers that it is important to take retail book value into consideration ...

Recently Installed Smoke Detectors Credited for Saving 4 Lives in Vermont

Vermont State Police are crediting two fire safety officials with saving the lives of three children and an adult who safely escaped a fire ...

Beverly City Hall in Massachusetts Evacuated After Fire Releases Toxic Gas

Beverly City Hall had to be evacuated along with several other buildings after officials say an underground electrical fire released ...

Pennsylvania's NSM Insurance Group Promotes Buler

NSM Insurance Group, a Conshohocken, Penn., based property and casualty insurance services firm, has promoted John Buler to director of the ...

Trade Group: Workers' Comp Reform Among Key Issues for Illinois Insurers

Workers' compensation, commercial insurance purchasing rules and auto insurance verification are among key challenges for insurers in ...

Citing Flint Water, Detroit-Area Sinkhole, Snyder Calls for Addressing Infrastructure

Michigan Gov. Rick Snyder on Jan. 17 called for addressing Michigan's aging infrastructure over the next several decades, citing the Flint ...

Century-Old Michigan Inn Can Be Sued for Girl's Burns, Appeals Court Says

The Michigan appeals court says an inn near Lake Michigan can be sued for injuries suffered by a girl who burned her foot in the hidden ...

North Carolina Rate Bureau Withdraws Dwelling Rate Increase of 19.6% over Data Error

The North Carolina Rate Bureau is alerting all member companies that it has withdrawn its request for a 19.6 percent rate increase on ...

Court Upholds Blankenship Conviction Over Fatal West Virginia Mine Blast

A federal appeals court on Thursday rejected former Massey Energy Co Chief Executive Officer Donald Blankenship's bid to overturn his ...

Trial Set to Begin in West Virginia Over Subaru Car Fire Deaths

Nearly eight years after a car wreck claimed the lives of a mother and two teens in Cabell County, a trial is set to begin in a lawsuit ...
South Central

Oklahoma Lawmaker Proposes Changes to Personal, Corporate Income Taxes

Oklahoma State Rep. Jason Dunnington has filed legislation that he says would generate more than $500 million in recurring revenue. ...

Regulators: Texas Workers' Comp Attorney Fees Go Up Jan. 30

The Texas Department of Insurance, Division of Workers' Compensation (TDI-DWC) reported that the maximum hourly rates that may be charged ...

Idaho Governor Orders Cybersecurity Improvements for the State

Idaho Gov. C.L. "Butch" Otter has signed an executive order aimed at protecting the state's computer networks from hackers. The order ...

Utah University Wants Lawsuit Over Frat Party Assault Dismissed

Utah State University and a fraternity are asking a judge to dismiss a lawsuit filed by a former student accusing the school and ...

Washington Puts Landslide-Inspired Topo Maps Online

Washington's Department of Natural Resources is following through with a key safety recommendation that arose in the aftermath of the Oso ...

Universal Group Taps McCoy to Lead Arizona Business Unit

Universal Group LTD, based in Omaha, Neb., has named Mike McCoy as president of its newly formed business unit in Arizona. Based in ...

Comment Period on California Workers' Comp Lien Claimant Rules Extended

California's Workers' Compensation Appeals Board (WCAB) has extended the public comment period for proposed rulemaking changes that require ...

Fairfax in Talks to Sell 25% of India's ICICI Lombard, Worth Up to $1B

Fairfax Financial Holdings is in early talks to sell 25 percent of India's largest private general insurer ICICI Lombard in a deal that ...

Zurich to Cut 240 UK Jobs as Life, General Insurance Arms Combine

Zurich Insurance Group AG plans to slash about 240 jobs in the UK as part of broader efforts to bring its Life and General Insurance ...

Brexit Cost Implications to Weigh on UK Re/Insurers: A.M. Best Report

The cost implications of the loss of passporting rights after the UK exits the European Union will weigh on re/insurers, as will any ...

Soft Market Is Main Factor Limiting Growth of UK MGAs: Survey

Soft market conditions have replaced regulation and compliance as the main factor affecting growth for UK managing general agents (MGA) in ...

Lloyd's to Open India Branch Ahead of April Renewals

Lloyd's, the specialist insurance and reinsurance market, announced plans to open a reinsurance branch in India, in time for the April ...

International Insurance Society Forms Global Certification Program

The International Insurance Society (IIS) has announced the formation of the Global Centers of Insurance Excellence (GCIE), a certification ...

Platt Named COO of Aon Risk Solutions; Moran Is CEO of Aon Inpoint

Aon plc announced the appointment of James Platt as chief operating officer of Aon Risk Solutions and Michael Moran as chief executive ...
Sponsored Content

Looking Forward to BIG's 2017 Convention!

Indian Wells, CA, January 23, 2017- Be sure to mark May 4th - 7th on your new 2017 calendars and start making plans to head out to Indian ...
Insurance Journal Blogs and Columns

Earthquake Risk: Spotlight on Canada

This post is part of a series sponsored by CoreLogic.  What is 'The Big One'? When assessing earthquake risk in Canada, many commonly ...

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Cyber Risk Calls for New Way of Thinking

Dealing with cyber risk will require thinking about probabilities and dollars rather than all...
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Top 10 National Insurance Stories of 2016: Countdown

This year as in past years there were the familiar or continuing stories including reinsurers...

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New Discussions in the Forums

Insurance Newsletter
Posted: Fri Jan 20 -- Use MailChimp or something like it, keep it to one topic, something relevant and personal. Write like you're talking to your clients one on... pageltd
How to divide work to customer service reps
Posted: Fri Jan 20 -- Give the most important work to your most responsible CSR's, and reward them for exceptional customer service. The rest will follow. pageltd
Do you use online leads services?
Posted: Fri Jan 20 -- Leads services = junk leads. Buy them if you want to rip your hair out in frustration, while battling 10-20 other agents for the same lead.... pageltd
Progressive & carriers with Non ISO Auto Policy Forms
Posted: Thu Jan 19 -- Would like to hear opinions, and thoughts on things that all of you feel are things to watch out for when dealing with these types of Auto... Santa Rosa Ins Broker
Restaurant with multiple losses
Posted: Tue Jan 17 -- I need help finding liability and property coverage for an Italian restaurant in CA. They have two locations. They have had 5 losses since... insguy12
Towing Service
Posted: Tue Jan 17 -- Maybe try NSD (Nation Safe Drivers). They are similar to an AAA roadside product, but not sure if they'd do a commercial use pick-up truck.... sgoebel
Painter with job above 3 stories
Posted: Fri Jan 13 -- what state? tflood
NY Construction
Posted: Wed Dec 21 -- Gidget : XS Brokers may be able to provide solutions to your E&S frustrations, both in NYC and elsewhere. Feel free to contact me to discuss... Alan D

Reader Comments

House Republicans Pass Sweeping Regulatory Reform Bill
Posted: Sat Jan 14 -- They would not could not in a tree. They would, however, let the hookers pee. Captain Planet
New Climate Index Shows Extreme Weather Is Now 3 Times More Frequent
Posted: Fri Jan 13 -- A Trump University supporter who lies about his degrees, can't answer a basic question about basic linear regression and doesn't understand... UW
Latest Republican Proposal: Let States That Like Obamacare Keep It
Posted: Wed Jan 18 -- This week the President elect claimed there will be: -coverage for all (universal coverage) -broad coverage -lower deductible -lower cost... Melanie T
Consumers Not Yet Convinced Driverless Cars Are Safer
Posted: Thu Jan 19 -- First, the techies want to take the fun out of driving. Will they try to take the fun out of sex next??? Glennie
Supporters of Overtime Hike Turn to States as Obama Rule Unlikely to Survive
Posted: Wed Jan 18 -- Yogi - you don't read the articles when you post a link, do you? "Over the course of his eight years, he has signed just 1,227 bills into... Confused

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