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Daily Headlines
August 30, 2016
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Today's Headlines


Hospital Surgery Rates for Workers' Compensation Vary Widely

Hospital rates for outpatient surgery paid by workers' compensation vary significantly across states with states with fixed fee schedules ...

How Public Universities Are Transferring Risks to Private Sector

U.S. public universities are increasingly turning to public-private partnerships to develop student housing and other campus projects, ...

P/C Insurers Must Improve Underwriting Amid Competitive Pressures: Fitch

Property/casualty insurers in North America saw their operating income decline by double digits in the first half of 2016, as investment ...

4 Cyber Risk Misconceptions Popular with Midsized Firms

Despite frequent reports of hacking, cybercrime, security breaches and related events in all parts of the U.S., many middle market ...

Allianz Launches Inland Marine Cargo Insurance Product

Allianz Group's specialist corporate insurer Allianz Global Corporate & Specialty (AGCS) has launched Transportation Block 2020, a fully ...

State Insurance Commissioners Name New Jersey's Hartt to Financial Oversight Panel

The National Association of Insurance Commissioners (NAIC) has appointed Peter L. Hartt, director of New Jersey's Insurance Division, to a ...

From MyNewMarkets.com AAIS Releases New Drone Coverage Forms, Rules Filings Ahead of FAA Regulations

The American Association of Insurance Services (AAIS), a non-for-profit national insurance advisory organization, announced new filings of...
Carrier Management

Company Culture Impacts How Employees View Their CEOs

Improving aspects of company culture can have a positive impact on how employees view the CEO, according to a new study....
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Lawsuit Filed After Railing Collapse Injures 17 at New Jersey Snoop Dogg Concert

A lawyer representing 17 people injured when a railing collapsed at a Snoop Dogg and Wiz Khalifa concert in New Jersey earlier this month ...

Governor Cuomo Reviewing Bill to Establish Fines for New York Airbnb Users

New York Gov. Andrew Cuomo must soon decide whether to authorize hefty fines for many people who offer to rent out their New York City ...

Dakota Access Pipeline Worker Killed in Accident, Official Says

A man working on the four-state Dakota Access oil pipeline was killed in an apparent accident in western North Dakota, a state regulator ...

O'Donnell Promoted to Senior VP, Risk Practices at Hylant

Toledo, Ohio-based insurance broker, Hylant, promoted Kevin O'Donnell to senior vice president, Risk Practices. O'Donnell will lead the ...

Milwaukee Brewers Sued by Woman Hit by Baseball

A New Jersey woman who was hit by a baseball during batting practice before a Milwaukee Brewers game in 2014 has now sued the team. Dana ...

Tennessee OSHA Head Says Spike in State Worker Deaths 'Alarming'

The head of the Tennessee Occupational Safety and Health Administration says a spike in on-the-job fatalities last month is ``alarming." ...

A.M. Best Downgrades Ratings of Florida-Based American Capital Assurance

A.M. Best has downgraded the financial strength rating to A- (Excellent) from A (Excellent) and the issuer credit rating to "a-" from "a+" ...

North Carolina's Fort Bragg Launches Program to Tackle Aggressive Driving

Officials at Fort Bragg in N.C., say they're expanding a driver improvement program aimed at cutting down on aggressive and dangerous ...

Obama Signs Kentucky Disaster Declaration for July Storm Damage

President Barack Obama has signed a disaster declaration for parts of Kentucky affected by storms in early July. The White House said in a ...
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South Central

Opposing Sides File Briefs in Challenge to Oklahoma's Work Comp Opt-Out

The constitutionality of Oklahoma's workers' compensation alternative, the Oklahoma Option, which was established in the 2013 overhaul of ...

2 Dead, 36 Hurt in Louisiana After Bus Hits Fire Truck, Other Vehicles

Louisiana State Police say a Honduran man who had entered the United States illegally was driving a bus carrying flood recovery workers ...

Lubbock, Texas Settles Federal Police Hiring Discrimination Lawsuit

A West Texas city has settled a 2015 federal lawsuit that alleged police discriminated against Hispanics and women in hiring entry-level ...

Woman High on Drugs and Driving on Rim and Sparked California Wildfires

Fire officials in southern California say a car driven by a woman high on drugs has sparked several wildfires that so far have burned 450 ...

Restaurant Programs of America Taps Enos as VP of Sales in California

Restaurant Programs of America LLC has named Peter M. Enos vice president of sales in the firm's Los Angeles office. Enos has for 25 years ...

California Insurance Agent Nabbed for Fraud Scheme Involving 100-plus Policies

Vicki Lee McGinley, 58, a licensed insurance agent in California, was arrested by the Kern County Sheriff's department on seven counts of ...

Lockton Opens New Oregon Operation, Names McClave Producer

Lockton Insurance Brokers has opened a new commercial insurance operation in Portland, Ore. Andrew McClave has been named producer the ...

Tokio Marine in Talks to Acquire RHB's Non-Life Insurance Unit: Sources

Tokio Marine Holdings Inc, is in exclusive talks to buy RHB Bank's general insurance unit in a deal that also includes an agreement to ...

Brexit Vote Prompts Inquiries from Insurers Weighing Opening Offices in Dublin

Ireland says the Brexit vote has led to a jump in inquiries from London firms considering opening offices in Dublin, one of a handful of ...

Brazil Mine Disaster Caused by Poor Drainage & Design of Tailings Dam: Report

The deadly collapse of a tailings dam last November at the Samarco mine, owned by Vale SA and BHP Billiton, was caused by drainage and ...

Asian Regulatory Changes Could Hike Demand for Local Reinsurance: Fitch

Various regulatory initiatives in Asian markets could lead to greater demand for local reinsurance capacity as direct insurers rethink risk ...

Low Interest Rates Pose Unknown Risks for European Insurers: CEO of Gjensidige

Cheap money could have unknown consequences for Europe, according to the chief executive officer of Gjensidige Forsikring ASA, Norway's ...

UK's Aviva to Hire JPMorgan's Singh to Head Global M&A, Source Says

Aviva Plc hired Chetan Singh, a managing director at JPMorgan Chase & Co., to head its mergers and acquisitions globally as the British ...
Insurance Journal Blogs and Columns

NAIC San Diego: Self-Driving Cars and Regulatory Renewal

Insurance regulators are a diverse bunch. Some are elected, while others are appointed. Some are Republicans, while others are Democrats. ...

Work Comp: Extraterritoriality and Reci-What? Isn't the Worker Covered Wherever He Goes?

Beyond knowing where employees regularly work, agents must know where employees might work during the policy period - even temporarily. ...

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PartnerSource Founder: Facts Ignored in Challenge to Oklahoma's Workers' Comp Option

Bill Minick, with the Dallas-based injury benefit consulting firm, PartnerSource, has been...
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Data Expert: Agents Get a C- on Cyber Insurance

Eduard Goodman, chief privacy officer of IDT911, an identity theft protection firm, gave...

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New Discussions in the Forums

Geico or Elephant
Posted: Mon Aug 29 -- Georgia POUNDED Progressive for this in the late 90's. Since then, large companies operate an umbrella of companies, each with different... OldIndyAgent
Does Anyone have am automated solution for payment reminders
Posted: Mon Aug 22 -- Referring strictly to the small, Personal Lines/Small Commercial type of shop/business model...I'm already on record in a bunch of postings... d's insurance store
Attorney considering CPCU- thoughts?
Posted: Wed Aug 17 -- I'm not saying these things to be mean, or to denigrate you - just trying to keep it 100. If you're 33 and still handling dinky slip-and... girardta
Special Construction (Mokelumne Hill, CA - Calaveras County)
Posted: Wed Aug 17 -- There is a lot of wisdom in what d's insurance store said. Even if you find a market, there is much potential downfall and more work in... mccluney
AMS360 Classic View gone?
Posted: Mon Aug 15 -- Einstein: So did you ever trust those graphs? Yes they are gone, but the reports that they were based on are not gone. If I want to see how... pita3333
ACA/ObamaCare Open Enrollment 2015
Posted: Fri Aug 5 -- Follow up: For the 2016 enrollment, I signed up to sell health insurance with an agency. I sold a couple of policies but the agency has not... detroitgirl2

Reader Comments

Sex Toys in Hand, Univ. of Texas Students Rally Against Campus Carry Gun Law
Posted: Fri Aug 26 -- This is nearly the apex of stupidity on display. Students too stupid to understand the real reason for allowing concealed carry on campus,... Jax Agent
Florida Woman Caught Faking Injury in Attempt to Collect Workers' Comp Payments
Posted: Fri Aug 26 -- What a dumb@ss this woman is. As proven by the videotape. Maybe she was auditioning for the V8 commercial? "Wow, I could have kept my job if... reality bites
As Economy Improves, More Employees Look Elsewhere
Posted: Thu Aug 25 -- Perplexed, I can't stand that Clinton mouthpiece either hearing or reading what he has to say. I do remember him being upset with Obama when... Agent
Court Denies U.S. Bid to Rehear Bank of America 'Hustle' Mortgage Program
Posted: Tue Aug 23 -- I wonder how much $$$ Bank of America gave to the Clinton Foundation? Jack Kanauph
Woman Dies After Falling 35 Feet From Zip Line Ride at a Delaware State Park
Posted: Mon Aug 29 -- No mention of this in this article, but word is she unhooked her harness before falling. Now, there are 2 schools of thought. Common Sense... CTE

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