Monthly Archives: <span>April 2013</span>

Shark Proof – Revisited

In 2010, I wrote an article on shark proofing new clients for the Insurance Journal. Because of it’s popularity, this topic expanded into webinars, and 1/2 day seminars. I thought I should revisit and update the original article, so I …

Top 10 States for Hail Claims: State Farm

Damage caused by wind and hail cost State Farm and its policyholders more than $3.9 billion in 2012. According to State Farm, the states with the most wind/hail losses include: Texas—47,000 claims Illinois—41,000 claims New York—34,000 claims Ohio—31,000 claims Missouri—25,000 …

Boston Marathon Bomb Victims May Turn to BAA Insurance, Central Fund for Compensation

Victims of the Boston Marathon bombings will eventually win some kind of compensation, but it is far too early to know how much money there will be, whether private donors or insurers will provide most of it, and how long …

Nearly 95% of N.Y. Sandy Claims Closed, Insurers’ Response Report Card Shows

New York State regulators’ latest Sandy response report card shows that almost 95 percent of Superstorm Sandy-related personal and business insurance claims in the state have now been closed. The report card, which is frequently updated, compiles data from 24 …

Boston Marathon Bombings Suspect Identified: Reports

Investigators believe they have identified a suspect in the Boston Marathon bombing from security video and an official statement was expected later in the day, a U.S. law enforcement source said on Wednesday. However, no arrest had been made, three …

RSG’s Sapphire Blue, Catlin Agencies Launch Rural, Specialty Hospital Program

Ryan Specialty Group’s (RSG) Sapphire Blue and Lloyd’s Catlin Underwriting Agencies Ltd. have launched a new liability insurance program specifically for U.S. small rural and specialty hospitals. The program features claims management processing and a risk management component provided by …

Tighter Security for Upcoming Marathons in Northeast

Organizers of the Buffalo Marathon in New York State say runners in next month’s event can expect tighter security measures in the wake of the deadly bomb explosions at the finish line of the Boston Marathon. Buffalo Marathon Director John …

State Appeals $860M Award to Ohio Employers

The state has appealed a judge’s order granting $860 million in repayments from Ohio’s insurance fund for injured workers to employers the judge says were charged excessive premiums for nearly a decade. An Ohio Bureau of Workers’ Compensation spokeswoman said …

FEMA App for Collecting Damage Info Being Tested in Wisconsin

Some emergency management directors in Wisconsin are testing a new application from the Federal Emergency Management Agency. Outagamie County director Julie Loeffelholz says the process for collecting disaster damage information has so far been low tech. Loeffelholz tells WLUK-TV she …

XL Group Appoints Head of Global Claims in Connecticut

XL Group has hired Andrew Pinkes for the company’s insurance operations as executive vice president, global head of claims. He steps into the position previously held by Paul Tuhy, who has been appointed to XL Group’s aerospace business. Pinkes will …