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Daily Headlines
February 17, 2017
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Today's Headlines


Patient Complaints Can Identify Surgeons Who Are Higher Claims Risks

Recording and analyzing patient and family reports about rude and disrespectful behavior can identify surgeons with higher rates of ...

Ratings Agencies Uphold Their Ratings on AIG

Despite American International Group's poor 2016 fourth quarter earnings performance, Fitch Ratings and Standard & Poor's both have ...

Driver Deaths Rose 6% in 2016, Topping 40,000

U.S. motor vehicle accident deaths last year topped 40,000 for the first time since 2007 as cheap gasoline and a healthy economy encouraged ...

How Tattoo Artists Are Like Dentists

Getting a tattoo may hurt, but giving one is no picnic, either. That's the finding of what its authors say is the first study ever to ...

Argo Pro, BlueChip Underwriting Services Launch Transactional Risk Program

Argo Pro, a member of Argo Group International Holdings, Ltd., has partnered with BlueChip Underwriting Services LLC to provide ...

CNA Appoints Ex-Endurance, AIG Executive Worman as Chief Underwriting Officer

CNA has named Douglas Worman to fill the newly created position of executive vice president and chief underwriting officer. He reports to ...

What Happens if Trump Pulls U.S. Out of Paris Agreement?

Dam climate change. An opinion piece in the New York Times is offering a tie-in between global warming and the potential disaster unfolding ...

From MyNewMarkets.com Surplus Lines Premium Growth Rose 3.27% in 2016: Texas Stamping Office

Overall, 2016 ended on a positive note for the U.S. excess and surplus lines insurance industry, according to the Surplus Lines Stamping...
Carrier Management

IVANS Digital Distribution Tool Will Help Carriers Grow--With Agents

With no intention of disintermediating anybody, IVANS is rolling out new commercial lines "digital distribution...

New York State Finalizes First-in-Nation Cyber Security Regulation

New York state announced a final cyber security regulation on Thursday with mandatory standards for banks and insurers to combat the ...

XS Brokers Insurance Agency Inc. Opens Second Massachusetts Office

XS Brokers Insurance Agency Inc., a Northeast wholesale and managing general agent (MGA) brokerage headquartered in Quincy, Mass., has ...

Pennsylvania's HB Retirement Hires Ryan

HB Retirement, an independent financial services firm specializing in the design and function of retirement programs from  corporations, ...

The Concord Group Insurance Companies in New Hampshire Hires McCabe

The Concord Group Insurance Companies, a Concord, N.H.-based insurance carrier, has announced that Daniel L. McCabe has joined the senior ...

Wisconsin Farmer Sentenced for Federal Crop Insurance Fraud

John W. Vaudreuil, United States Attorney for the Western District of Wisconsin, announced that Mark E. Johnson, 50, a farmer in Dresser, ...

USI Insurance Services Adds 3 in Independence, Ohio, Office

USI Insurance Services (USI) has added Tammi Barker, Bridget Day and Dave Petno in the USI Independence, Ohio, office. Barker, who joins ...

Lockton Promotes Ruback to Sr. VP in Chicago

Insurance broker Lockton has named Amanda Ruback to the newly created position of senior vice president and major client strategist in ...

New West Virginia Town Files Suit Against Drug Wholesalers Over Opioid Abuse

A southern West Virginia town has joined other communities in seeking to recoup the costs of dealing with opioid abuse. The Charleston ...

Former Alabama Scrap Metal Executive Accused of Embezzling $11.2M

A former executive for a Birmingham-area scrap metal brokerage company has been accused of embezzling $11.2 million from the company and ...

NEBCO Insurance Services Expands into Florida, Opens First Office in Naples

NEBCO Insurance Services has opened an office in Naples, Fla. The Greenwich, Conn.-based independent insurance agency provides asset and ...

Florida-Based Main Street America Appoints Bastian as National Account Executive

The Main Street America Group, a super-regional property/casualty insurance company, has announced the appointment of Anne Bastian to ...
South Central

Louisiana Woman Pleads Guilty to $116K Insurance Fraud

A Monroe, La., woman has pleaded guilty to mail fraud, admitting that she filed a $116,000 insurance claim for $1,000 in assets. U.S. ...

Phillips Appointed Chair of Texas House Insurance Committee

Texas Speaker of the House Joe Straus has appointed Rep. Larry Phillips, District 62, as chair of the Texas House of Representatives ...

Texas Mutual Insurance, VFIS of Texas, Distribute $228K in Grants to First Responders

Workers' compensation insurance provider, Texas Mutual Insurance Co., and VFIS of Texas have distributed $228,000 in grant money to 90 ...

Woodruff-Sawyer in California Names Cartwright Practice Leader

San Francisco, Calif.-based Woodruff-Sawyer & Co. has named Darren Cartwright claims auditing and consulting practice leader. Cartwright ...

LA County Supervisors Order Inspection of Dams in Wake of Oroville Emergency

Supervisors have ordered inspections of all Los Angeles County dams in the wake of flooding concerns at Northern California's Oroville Dam. ...

Hub International Acquires Assets Denali Alaskan Insurance

Hub International Ltd. has acquired the assets of Denali Alaskan Insurance LLC, a wholly owned subsidiary of Denali Federal Credit Union. ...
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Global Insurance Rate Decreases in Q4 Slowed for 4th Consecutive Quarter: Marsh

Global insurance rate decreases moderated on average for the fourth consecutive quarter, down 3.1 percent (compared to the previous ...

Carnegie-Brown to Become Chairman of Lloyd's, Succeeding Nelson: Sources

Bruce Carnegie-Brown, former CEO of Marsh Europe and non-executive chairman of Aon UK, will shortly be named the new chairman of Lloyd's, ...

Allianz Posts Higher than Expected Q4 Profit; Plans $3.2B Share Buyback

Allianz, Europe's largest insurer, proposed spending 3 billion euros ($3.2 billion) on buying back its own shares on Thursday after the ...

Verisk Buys Healix Risk Rating, UK-Based Medical Risk Assessment Firm

Verisk Analytics has snatched up Healix Risk Rating, a company focused on automated medical risk assessment for the travel insurance ...

Zurich Insurance in APAC Creates New Commercial Insurance Structure

Zurich Insurance has created a new structure for its Commercial Insurance business in Asia Pacific (APAC), following the combination of its ...

Beazley Taps Markel's Tewfik as Underwriter for UK Tech & Data Breach Team

Beazley, a specialist in cyber and data breach response insurance, has appointed Michael Tewfik as a technology, media and business ...
Insurance Journal Blogs and Columns

3 Quick Responses to Insurance Career Objections

I was looking at several resources on the Insurance Information Institute's website and I might not have even stopped to read ...

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Weekly Top Picks: February 13, 2017

Top stories this week on insurancejournal.com The post Weekly Top Picks: February 13, 2017...
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Top 10 Employment Discrimination Claims in 2016

The U.S. Equal Employment Opportunity Commission (EEOC) said it resolved 97,443 charges of...

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New Discussions in the Forums

WC for Vape Shop (Retail NOC) - California
Posted: Fri Feb 17 -- If you have a market for this type of risk (other than the State Fund) please email me. Payroll is 14K annual. sarkis (at)... CALCO
Time cards/audits
Posted: Tue Feb 14 -- Is there a software out there which has time cards that fit into a work comp audit pertaining to the over and under categories. Thanks... trotter
Comparative Raters
Posted: Mon Feb 13 -- luv_insurin_u, Thank you for your interest in TurboRater. If you do not receive any replies here, feel free to reach out to me directly. I... lrixford
Point of sale/Spot Insurance for dealerships
Posted: Thu Feb 9 -- Hello, I am currently looking for any companies that offer point of sale insurance or spot auto insurance for over a hundred dealerships... justinarabo
How to divide work to customer service reps
Posted: Wed Feb 8 -- This shouldn't be rocket science. For work, just put it into a pile and divide it by the number of CSRs. For duties, draw straws. Let's... mightyquinn
Industry salaries - AM/AE
Posted: Fri Feb 3 -- I would imagine that it would depend on the city/state where she was located. $55,000 in Southern California sounds about right to start. In... ocbroker

Reader Comments

Obamacare Foe, Former Surgeon Price Sworn In as Health Secretary
Posted: Mon Feb 13 -- Mandatory rebuttal of claim made in article of "20 Million people got medical insurance..." 20 million ACA policies: 12 million were bumped... PolarBeaRepeal
Citing Trump's Order, IRS Stops Enforcing Individual Mandate for Health Insurance
Posted: Thu Feb 16 -- Just can't wait to get my lifetime and annual coverage max limits, pre-existing condition exclusions, retroactive policy rescissions back...... ExciteBiker
Customer in Florida Salon Injured by Gunshot from Next-Door Gun Store
Posted: Mon Feb 13 -- IJ lets get it right there is no such thing as an Accidental Discharge (AD) all "AD's" are in fact Negligent Discharges (ND). The only way... mrbob
Advocacy Groups Go to Court to Thwart Trump's Bid to Undo Regulations
Posted: Mon Feb 13 -- So, in other words, this EO has no teeth, does nothing and is just political grandstanding. If President Trump had sent a memo to all heads... Ron
Melania Trump's $150 Million Libel Suit Claims Lost Business Opportunities
Posted: Sat Feb 11 -- They are already by far the most corrupt administration ever. No other administration has tried to enrich themselves so openly through their... factchecker

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