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Daily Headlines
October 19, 2017
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Today's Headlines

National

How to Make a Driverless Car Blameless

Intel Corp. has developed a system it says ensures that self-driving vehicles can't cause accidents where they are at fault, an effort to ...

How Nondisclosure Agreements Protect Bosses Like Weinstein

A first-year associate at a Manhattan law firm brought her complaint of sexual harassment to the managing partner. Her male boss, she said, ...

How to Make Facebook Liable for Its Content: Viewpoint

Now that U.S. politicians know that Facebook is unable to stop malicious actors from using it to influence public opinion, the social ...

U.S. Healthcare Sector Plagued by Cyber Breaches Caused by Human Error: Beazley

Whether it is an email sent to the wrong recipient, discharge instructions given to the wrong patient, or a server containing protected ...

5 Risk Management Associations to Develop Mutual Recognition of Certifications

Five of the world's largest risk management associations have agreed to work together towards a recognition of their respective risk ...

Travelers Insurance Reports Solid Q3 Results Despite $700M Cat Losses

The Travelers Companies today reported $293 million in net income for the third quarter despite absorbing more than $700 million in ...

Wells Media Names Simpson to Senior Strategist Post for Branded Content, Research

Wells Media Group has named Pamela Simpson to the position of senior strategist, Branded Content and Research. In this new role, Simpson ...

Assurant to Buy The Warranty Group for $2.5 Billion

Assurant will pay $2.5 billion to acquire The Warranty Group, a rival that provides insurance protection plans in areas including consumer ...

New York Marine & General Insured Las Vegas Festival Targeted by Shooter

A Live National Entertainment Inc. Las Vegas country musical festival that was targeted Oct. 1 in the largest mass shooting in modern U.S. ...

From MyNewMarkets.com Why Restaurants Are Underinsured

Restaurants are probably one of the most underinsured classes of business in the industry. Competition, inadequate pricing, and owners...
Carrier Management

The Competitive Advantage: On the Other Side of the Desk

It is always interesting to be on the other side of a desk. I consult and write on "all things" insurance, but I'm not...
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East

Maine Man Suing Over Workplace Accident That Claimed Two Fingers

A Machiasport, Maine, man is suing a salmon farm over a workplace injury in which he lost two fingers. Jesse Redman sued True North Salmon ...

Delaware Announces Workers' Compensation Rate Decrease

Delaware Insurance Commissioner Trinidad Navarro has announced that there will be a decrease in workers' compensation insurance rates, ...

New York's Michael Adam Insurance Agency Joins SAN Group Inc.

Satellite Agency Network Group Inc. (SAN) announced that Michael Adam Insurance Agency of Dansville, N.Y., has joined the alliance. By ...
Midwest

Home, Auto Insurance Rates Rose Slightly in Ohio in 2016

Ohio Department of Insurance Director Jillian Froment says that the average rates in 2016 for the top 10 homeowners and private passenger ...

Minnesota's SFM Mutual Insurance Joins Board of Global Insurance Accelerator

The Des Moines, Iowa-based Global Insurance Accelerator (GIA) announced that SFM Mutual Insurance Company (SFM), a workers' compensation ...

JMB Insurance Adds Kanter in Chicago

JMB Insurance Agency, a Chicago-based risk management services and insurance brokerage, has added Ben Kanter as a producer to work with its ...
Southeast

Florida Insurance Regulator Launches New Information Subscription Service

The Office of Insurance Regulation (OIR) has introduced a new subscription service where consumers and other interested parties can sign up ...

North Carolina Utility Sues Chemours, DuPont Over Water Contamination

A utility that provides water in southeastern North Carolina has sued a company it accuses of polluting the Cape Fear River, where the ...

South Carolina Counties Affected by Irma Now Eligible for Federal Aid

President Donald Trump has issued a declaration that makes federal aid available to parts of South Carolina recovering from Hurricane Irma. ...

S.S. Nesbitt & Co. of Alabama Taps Roman, Monroe as VPs

S.S. Nesbitt & Co. Inc. (SSN), a Southeastern insurance agency and division of EBSCO Industries, Inc. (EBSCO), has appointed Mike Roman as ...
South Central

Renewed Push for Underground Water Storage Projects Sparked by Harvey

For state Rep. Lyle Larson, Hurricane Harvey was not only a tragedy but also a wasted opportunity. The San Antonio Republican, who chairs ...

In 'Energy City' USA, Hurricane Harvey's Fury Lingers

It took five weeks for the largest U.S. oil refinery to get back to normal after Hurricane Harvey. It's taking Port Arthur, Texas, a lot ...

Rockport Mayor Says Much of Town Won't Be Rebuilt Following Harvey

The mayor of the Gulf Coast community of Rockport says Hurricane Harvey destroyed about a third of the town and that 30 to 35 percent of it ...
West

California's Chief Utility Regulator Says We May Never Know if PG&E Caused Fires

California's chief utility regulator said the state may never determine whether PG&E Corp.'s electrical equipment played a role in igniting ...

New Rules for Oil-Gas Lines Proposed Following Colorado Blast

Colorado energy regulators are proposing tighter rules for shutting down oil and gas pipelines after a fatal explosion blamed on natural ...

Fire at Large California Oil Refinery Doused

A fire that erupted at the West Coast's largest oil refinery threatened storage tanks and sent huge flames into the sky and black smoke ...

Woodruff-Sawyer in California Names Berry Leader of Private Equity and Venture Capital Group

Woodruff-Sawyer & Co. has named Dan Berry leader of the firm's private equity and venture capital group. Berry is a senior vice president ...

Former Patriots Players Speaking at Risk Conference Air Opinions on Kneeling

Watching NFL players kneel during the National Anthem didn't sit well with a pair of former New England Patriots players, who aired their ...
International

Zurich Estimates Claims of US$700M from Hurricanes Harvey, Irma & Maria

Zurich Insurance Group estimates that Hurricanes Harvey, Irma and Maria will aggregate claims in the third quarter of approximately US$700 ...

5 Risk Management Associations to Develop Mutual Recognition of Certifications

Five of the world's largest risk management associations have agreed to work together towards a recognition of their respective risk ...

Ironshore's Singapore Branch Hikes Capacity to $50M for Political Risk Lines

Ironshore Insurance Ltd., Singapore Branch, announced an increase in capacity for political risk business lines within its Political Risk & ...

AIG UK Sells Its 1st Sharia-Compliant M&A Policy in London

AIG UK said on Thursday it had underwritten its first sharia-compliant warranty and indemnity policy out of London's M&A insurance market, ...

BHSI Introduces Motor Truck Cargo Legal Liability Insurance in Canada

Berkshire Hathaway Specialty Insurance (BHSI) announced it has expanded its inland marine product line in Canada with the launch of its ...

Willis Towers Watson Appoints Tosti as Head of Italy

Willis Towers Watson has named Gianmarco Tosti as the new country leader of Italy. He starts his new role on Jan. 1, 2018, and will be ...
Insurance Journal Blogs and Columns

Detroit Mayor, Statehouse Leaders Take Another Shot at Michigan No-Fault Reform

The state that long has been home of the American auto industry also long has taken a unique approach to auto insurance. The Great Lake ...

Does a CPP Cover Trees Knocked Over by a Hurricane?

Last week we entered into a discussion of downed trees, in particular, trees downed by a hurricane. We spent our time dealing with the HO-3 ...

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Insurance Journal TV

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Optimizing Video Vehicle Telematics

Adrian O'Hara, director of safety & risk management for Murphy-Hoffman Co., explains the...
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Expert: Insurers Can be a Catalyst for Collecting Cyber Attack Data

Matt Honea cyber Manager at Cyence, a San Mateo, Calif.-based cyber risk modeler, says...

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New Discussions in the Forums

New Agent to be
Posted: Wed Oct 18 -- bvstewart, I began my career over thirty-five years ago in 1982. I first appointed with Farmers Insurance Group whom I left in 1989 to... gregcw
Agency Management System
Posted: Fri Oct 13 -- Have you looked at Exlynx? There's a lot out there about how it's light on... resistencia13

Reader Comments

Citing 'Social Good,' Insurer Lemonade Adds Restrictions to Firearms Coverage
Posted: Tue Oct 17 -- This is absurd and shows that Lemonade does not understand gun owners: 1. Gun owners easily own more than $2,500 in firearms -- a single... Clete
Ex-Mayor of Tulsa, Oklahoma: Insurer's $4M Payout for Lost Ring not Enough
Posted: Wed Oct 18 -- Is it not odd that 1) a former public official (or anyone that's not royalty or a celebrity) has a 4mm+ ring and that 2) she forgot it... CTC
Distracted Driving Is More Deadly Than Data Shows: Special Report
Posted: Wed Oct 18 -- Texting is not just a "teen" problem. There are millions of employees who seek to do work while behind the wheel. Fleet vehicles/company... Mark Brisson
Miami Agency Owner Charged with Creating Fake Policies, Stealing $276K in Premiums
Posted: Thu Oct 12 -- Why didn't the Finance Company verify the policies existed with the insurance carrier? Jack Kanauph
Developers Built Homes Inside Houston's Reservoirs. But No One Warned Buyers.
Posted: Thu Oct 12 -- No one warned them? How about the giant dam your house is located inside of? All common sense is gone. okt0ber

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