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Daily Headlines
July 27, 2015
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Today's Headlines


Fiat Chrysler Recall Highlights Cyber Risks of Connected Cars, Telematics

Fiat Chrysler will recall 1.4 million vehicles in the United States to install software to prevent hackers from gaining remote control of ...

McGraw Hill to Pay $2.2 Billion for SNL Financial

McGraw Hill Financial Inc. agreed to buy SNL Financial, the financial news and data services provider owned by buyout firm New Mountain ...

Senate Moves Export/Import Bank Renewal with Transportation Funding

The Senate advanced a proposal to extend the U.S. Export-Import Bank's charter as part of legislation to finance highways and mass transit ...

Movie Theaters Balk at Security Checks Following Shootings

American high school students walk through metal detectors each day. The Metropolitan Opera in New York searches the bags and purses of ...

ANV Launches Miscellaneous Professional Liability Program in U.S.

ANV Underwriters, the international managing general underwriter (MGU) segment of global speciality insurance group ANV, has launched a new ...

From MyNewMarkets.com CFC to Evaluate Insureds' Cyber Risk Through Partnership with Cyber Security Ratings Firm

Specialist lines underwriting agency CFC has formed a partnership with cyber security ratings agency, BitSight Technologies. CFC will use...
Carrier Management

Meeting the Challenges of Self-Service Insurance

As the global economy evolves and changes, insurers must also evolve to provide information and access to their clients...
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N.H. to Begin Winding Down Medical Malpractice Joint Underwriting Association

The New Hampshire Insurance Department announced on July 24 that the Merrimack County Superior Court issued an order appointing Insurance ...

Despite Truce, Uber Agreement Keeps Tensions High at NYC City Hall

The deal that, for now, decided the ride-hailing behemoth Uber's future in New York City began with a phone call to Rome. New York City ...

Latest New York Corruption Cases Highlight Patronage Claims

It's a practice seemingly as old as politics itself: top elected officials finding jobs for their wayward sons. The criminal cases against ...

NAIA Hires Sherwood as Director of Marketing & Communications in Maine

North American Insurance Alliance (NAIA), an agency alliance based in Rangeley, Maine, hired Rebecca Sherwood as director of marketing and ...

Groups Divided Over Lax ATV Safety Laws in Illinois

Illinois has some of the least-restrictive laws regulating all-terrain vehicles, and enthusiasts and consumer advocates are divided about ...

Damage to Homes May Lead to Required Soil Tests in South Dakota

Rapid City, S.D., officials are considering requiring homebuilders to test soil conditions at building sites after homeowners complained of ...

Indiana Now Requires Scooter Registration; Thousands Comply

Thousands of motor-driven cycles, the vast majority mopeds and scooters, have been registered with the Indiana Bureau of Motor Vehicles ...

Lincoln, Nebraska Considering Ban on 'Flying Bags of Fire'

The Lincoln, Neb., City Council will consider a proposal to ban flying lanterns -- or what Public Safety Director Tom Casady calls "flying ...

The Doctors Co. Challenging Florida's Order to Decrease Med Mal Rates

An order by the Florida Office of Insurance Regulation for medical malpractice insurer The Doctors Co. (TDC) to decrease its rates by 15 ...

Ridesharing Rules Make it Through North Carolina Senate

A deal brokered between North Carolina lawmakers and ridesharing services such as Uber and Lyft to place regulations on the app-based ...

Transport Company Updates Public on West Virginia Oil Train Crash Cleanup

CSX is continuing to closely monitor the environmental impact of a fiery oil-train derailment in southern West Virginia, a spokeswoman said ...

Cameras to be Placed on Atlanta School Buses

Atlanta Public Schools is planning to mount cameras on school buses to catch drivers who illegally pass while the buses are stopped. The ...
South Central

Louisiana Health Insurance Co-op to Shut Down Voluntarily

A nonprofit cooperative formed to provide health insurance in Louisiana is on the way to shutting down. Louisiana Health Cooperative said ...

Blue Bell Begins Trial Production Runs after Listeria Scare

Blue Bell Creameries has started ice cream production trial runs in Alabama three months after a listeria scare halted all sales. The ...

One Month Left to Register for Arkansas Disaster Aid: FEMA

The Federal Emergency Management Agency says residents of nine Arkansas counties have just one month left to register for disaster ...

Texas Flood Responders Being Trained in Drone Technology

Drone technology training is part of a Texas A&M University seminar for emergency responders dealing with deadly flooding like the ...

Montana Man Who Killed Student Settles Suit, Includes Insurance Money

A man who is serving a 70-year prison sentence for killing a German exchange student in his garage has settled a lawsuit filed by the ...

Oregon Cyclist Sues 2 Drivers in Injury Accident

A Portland, Ore. bicyclist is suing not only the pickup driver who hit her and shattered bones across her body, but also a second driver ...

Utah Comic Con Granted Trademark Amid Legal Battle

The organizers of a Utah comic-book convention have been granted a trademark for Salt Lake Comic Con amid a legal battle with the country's ...

Northern California Wildfire Threatens Homes, Prompts Evacuations

A Northern California wildfire raced through more than six square miles of drought-stricken timber over the weekend, threatening at least ...
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Hiscox CEO Supports Industry-Wide Stress Test for 9/11-Scale Event

UK regulators need to widen stress tests for insurers to show how the whole industry, including themselves, would respond to an event on ...

Foreign Insurers Take Cautious Look at Iran Business in Wake of Nuclear Deal

Western and Middle East insurance specialists see Iran as an appealing $8 billion market in the wake of its nuclear deal with world powers, ...

PartnerRe Holders Should Reject Merger with AXIS, Favor EXOR Deal, ISS Says

PartnerRe Ltd. investors should reject a planned merger with rival reinsurer AXIS Capital Holdings Ltd. and instead opt for a bid of more ...

China Minsheng Investment to Acquire White Mountains' Sirius for $2.2B

White Mountains Insurance Group Ltd. agreed to sell Sirius International Insurance Group Ltd. for about $2.2 billion to an arm of ...

UK's Aviva to Target $3.9B in Renewable Energy Investments

Aviva plc will target 2.5 billion pounds ($3.9 billion) of investments in renewables and energy efficiency over five years to cut exposure ...

Hiscox Delivers H1 Pre-Tax Profit of £135.1M, Up From £124.6M in H1 2014

Hiscox, the Bermuda-based specialist insurer, delivered a pre-tax profit of £135.1 million* ($205.2 million) in the first half ending June ...
Insurance Journal Blogs and Columns

Drone Coverage: Into the Great Unknown

Insurance Services Office (ISO) recently released a "matched set" of drone-related endorsements for use with the commercial general ...

Price is Important! Well, Not So Much!

What steps do you take to assure your client has the best insurance carrier? The "best" carrier is the one that best combines coverage ...

What Are Your True IT Costs?

This post is part of a series sponsored by Vertafore. Most principals can talk about fixed asset schedules: how much a PC costs, how much a ...

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InsurBanc's Tralka on State of M&A Market for Agencies

Dave Tralka is the president and CEO of the Connecticut Community Bank and its InsurBanc...
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The Bond Hub Offers Surety Agents an Online Business Platform

A new online marketplace for surety bonds called The Bond Hub is offering a way for surety...

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New Discussions in the Forums

I was hired as CSR; now owner demands I be a producer
Posted: Fri Jul 24 -- The message you should take away from this entire experience is that it's time for you to do what you can to leave and find a more... d's insurance store
E-Liquid MGF in UT Workers Comp 6504 Code
Posted: Wed Jul 22 -- Can anyone write a E-liquid MFG in UT? InsureTime
Rental Car claim
Posted: Tue Jul 21 -- Liability polices exclude property in your care custody and control. Your client would need auto comprehensive and collison coverage on his... mccluney
Trucking Owner-Operator Credit Insurance
Posted: Mon Jul 20 -- I have used Euler Hermes out of Dallas for these policies. My agency in Texas. I give them two thumbs up. JohnnyLaw
Texas Contract Labor
Posted: Tue Jul 14 -- Looking for a Broker /Market to acquire GL insurance for a risk in TX. whom provides labor for a factory environment . The risk hires... JohnnyLaw
[California] CAARP CAIP Truckers Excess
Posted: Tue Jul 14 -- Sorry to bring this thread back from the dead. Right now Dennis is no longer able to help me and I still have a need for this market. We... elecgenius
Art studio/Atr School in Ca
Posted: Mon Jul 13 -- Need Gl and Property. Was with CNA but they are non renewing due to claims. 8/4/2015 date needing coverage. Risk in Ca. Fair Plan BOP... trotter

Reader Comments

EEOC Charges UPS No-Beard Policy Violates Muslim Workers' Religious Rights
Posted: Tue Jul 21 -- Nebraskan, I am going to put you on the list of leftist posters on this blog who would rather see me go away. Sorry, but we still have free... Agent
Judge Finds Injuries 'Part of Soccer' in Dismissing Concussion Lawsuits
Posted: Tue Jul 21 -- getting called a troll by you means nothing you do realize they don't wear helmets in rugby which has significantly more constant contact... Confused
M City: Where All Cars Are Driverless
Posted: Fri Jul 24 -- you do not speak for everyone who comments on this site Confused
Dog Owners Sue Nestle Purina Over Dog Treats They Say Lack Bacon
Posted: Tue Jul 21 -- Wow UW, I don't know anyone who walks their dogs four times a day. Most people just let their dogs out to do their business and perhaps they... Agent
Anthem Reported Close to $48B Deal for Cigna
Posted: Thu Jul 23 -- Tougher rules on profits? Sounds to me like they have plenty of money, especially since they can raise rates with impunity as they have been... Agent

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