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Daily Headlines
July 21, 2017
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Today's Headlines


'Specialize and Diversify,' Industry Veteran Markel Tells Super Regional Insurers

Insurance is a very simple business. "You take in some money, you spend some money and you lose some money, and God willing, you have some ...

Fired OSHA Whistleblower Claims Investigator Turns Whistleblower

A fired U.S. whistleblower investigator says his old employer didn't take whistleblowers seriously enough. So he's lodging a complaint -- ...

GOP Senate Health Bill Would Substantially Raise Deductibles, Number of Uninsureds: CBO

The Senate Republican health bill promises lower premiums for consumers. To get there, it would require patients in standard plans ...

O.J. Simpson Faces $58 Million Wrongful Death Damages After Release from Jail

O.J. Simpson will walk out of prison in October after nine years behind bars, but he is far from free of his financial woes. The ...

Chubb Launches Multi-line Practice for Large Transportation Clients

Chubb has launched a multi-line industry practice within its Major Accounts division that will provide insurance products, service and risk ...

From MyNewMarkets.com Survey: Agents Suggest How Carriers Can Move from 'Good' to 'Great'

One would expect to see high levels of satisfaction between an independent agency and its top carrier, but that isn't always the case....
Carrier Management

Don't Confuse Performance With Potential: Aon Hewitt

Don't waste time and money grooming the wrong individuals for future leadership roles. Developing a formal strategy to...

New York State Rejects City's Request for Funds for Big Fire Costs

A western New York city won't be getting state aid to cover the costs linked to a massive fire at a former steel plant last fall. The blaze ...

Connecticut Man Gets Prison for Defrauding Investors out of $874K

A Connecticut man will spend almost four years in prison for operating an investment scheme that defrauded people of more than $874,000. ...

Pennsylvania's PLM Names Selfe Vice President of Information Technology

Pennsylvania and Indiana Lumbermens Mutual Insurance Companies (PLM), a property and casualty insurance carrier based in Philadelphia, ...

Markel Hires Ferguson to New York-Based U.S. Excess Casualty Team

Markel Global Insurance, a division of Markel Corporation, has hired John Ferguson as a director of its New York-based U.S. Excess ...

Minnesota: Farmers Insurance Exchange Overcharged Renters for Auto Coverage

Minnesota Commerce Commissioner Mike Rothman has ordered an insurance company to refund more than $300,000 to Minnesota drivers who were ...

Minnesota Fines 2 Insurers for Refusing to Pay Auto Accident Claims

Minnesota Commerce Commissioner Mike Rothman has fined two insurance companies for violating state consumer protection laws by refusing to ...

Hundreds Evacuate From Flooding in Western Wisconsin City

Several hundred people evacuated their homes early on July 20 in the small western Wisconsin community of Arcadia where heavy rain sent a ...

Additional Homes at Risk as Florida Sinkhole Widens

Florida sinkhole that swallowed two homes last week isn't getting any deeper, but it's getting wider, officials said Wednesday -and one ...

6 Injured in Atlanta Restaurant Roof Collapse

An official says the roof of an Atlanta restaurant collapsed Monday night, injuring six people. Atlanta Fire Department spokesman Cortez ...

Safety Lapses Blamed for Death of Kentucky Coal Miner

Federal regulators say an accident that killed a coal miner in Pike County happened because a conveyor belt didn't have adequate safety ...

Report: Head-First Fall Onto Concrete Killed 'Walking Dead' Stuntman on Georgia Set

A stuntman fatally injured during production of ``The Walking Dead" fell head-first onto concrete about 22 feet (7 meters) below after ...
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South Central

Louisiana Regulators Recover $4M for Insurance Policyholders

Insurance policyholders collected an additional $4 million in the first half of the year as a result of assistance provided by the ...

Morris Reappointed to Louisiana Workers' Comp Advisory Council

Michael D. Morris of Baton Rouge has been reappointed to the Louisiana Workers' Compensation Advisory Council. Morris is an attorney and ...

Fatal Arkansas Train Accident Prompts Hazard Rating Increase

The Arkansas Highway and Transportation Department has increased the hazard rating for a train crossing after the recent deaths of a couple ...

Authority Wants 1952 Quake Anniversary to Remind Californians to Prepare

Friday marks the 65th anniversary of the 1952 magnitude 7.5 earthquake that struck Kern County, Calif., considered the largest quake to ...

California Officials Clear Way for Reopening of Gas Field That Made L.A. Residents Sick

The planned reopening of a massive Los Angeles natural gas storage facility that spewed methane for months has only renewed the fight over ...

50 Homes Destroyed in California Wildfire

The town of Mariposa, with its century-old saloons and covered sidewalks, normally bustles with summer visitors on their way to Yosemite ...

Academics in Hawaii Developing Flood Alert System

An alert system is being developed to give West Maui residents a six-day heads up when large wave and flooding events are possible. The ...

Alaska Fatal Airplane Crash Getting NTSB Hearing

A National Transportation Safety Board investigative hearing in Alaska next month on a fatal commercial airplane crash will be the first ...

Cyber Attack on Ukrainian Medical Facilities Sets 'Dangerous' Precedent: Experts

Dr. Lidiia Podkopaieva was about to click "send" on an order of new surgical instruments when her computer monitor suddenly went dark. She ...

British Columbia Wildfires Continue to Rage, Torching 1,235-Plus Square Miles

British Columbia is extending a state of emergency for two more weeks as wildfires sweeping across the province's interior show no sign ...

Hannover Re Completes Purchase of Lloyd's Business Argenta

Hannover Re has completed the acquisition of the UK holding company Argenta Holdings Ltd., which owns the companies Argenta Syndicate ...

Castel Specialty Launches Global Construction Business

Castel Specialty, a division of Castel Underwriting Agencies Ltd., has expanded its portfolio with the launch of Castel Construction. ...

Neon Appoints Argo's Gibson as Reinsurance & Alternative Capital Director

Neon announced it has hired Mark Gibson as Reinsurance and Alternative Capital director, reporting to Managing Director Ian Martin. Gibson ...
Insurance Journal Blogs and Columns

Renovation at the Deli; A Story About Additional Insureds

One of the primary questions that have to be asked about an insurance policy is: who is an insured? Every policy has language that defines ...

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Retaining Young Talent

In this interview, Insurance Journal's Andrea Wells asks President and chief executive officer...
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Outgoing Florida CFO Atwater Recalls Successes, Frustrations With Industry

Florida's Chief Financial Officer and head of the Florida Department of Financial Services...

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New Discussions in the Forums

Agency Management System
Posted: Tue Jul 18 -- I just hit the send button on an email to a sales rep from one of the lesser software vendors. Basically the problem with the AMS industry... pageltd
Is your data safe in the cloud?
Posted: Thu Jul 13 -- Here's why your data (your client's data) may not be safe in the cloud:... pageltd

Reader Comments

Connecticut Woman Gets Prison Time for Stealing $250K from Employer
Posted: Fri Jul 14 -- She'll never pay it back. She should be forced to purchase a $300,000 term life policy for the benefit of the family, and if she misses a... Jack Kanauph
Adultery Site Ashley Madison to Pay $11.2 Million for User Data Breach
Posted: Mon Jul 17 -- Honey, what's this check for $3,500 from Ashley Madison all about? What did we do to deserve it? Sorry, but all the people who use the site... Dave
Philadelphia Fire Captain Facing Charges for Insurance Fraud
Posted: Thu Jul 20 -- Reported her SUV as stolen, and when it was found torched in DC the investigators were able to place her at the scene. I'm amazed by the... Fair Playing Field
It's Not True that Marijuana Dispensaries Increase Crime, Say Researchers
Posted: Fri Jul 14 -- Won't someone please think about the children? The children! Fair Playing Field
Massachusetts Marijuana Deal Calls for Up to 20 Percent Tax on Pot Sales
Posted: Wed Jul 19 -- As I've said here before -- regardless of your stance on marijuana, it's a shame Mass's elected officials decided not to implement the law... Rosenblatt

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July 10, 2017
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