Monthly Archives: <span>December 2016</span>

Robberies Surge in 2016, Ending Downward Trend in Tulsa, Oklahoma

Tulsa experienced a surge of robberies in 2016, ending a five-year downward trend. Tulsa Police Department data showed that over 1,000 robberies were reported from the start of January through November, already 19 percent more than last year’s total of …

2 Hurt in Explosion at Northern Oklahoma Manufacturing Plant

Authorities say two workers were injured after an explosion and fire at a manufacturing plant in northern Oklahoma. The fire broke out Tuesday afternoon at the ICES Corporation plant in Cleveland, about 80 miles northeast of Oklahoma City. Cleveland Fire …

Historic Flooding Prompts Uptick in Flood Policies in South Louisiana

Four months after devastating flooding ravaged South Louisiana, nearly 30,000 new flood insurance policies have been written in the affected areas, the Louisiana Department of Insurance announced. As of July 30, the total number of National Flood Insurance Program (NFIP) …

California DIR Releases Overview of Upcoming New Laws

The California Department of Industrial Relations has released its 2016 Legislative Digest, which summarizes new laws that impact workers and employers. Most of the chaptered bills are slated to take effect on Jan. 1, 2017. Highlights those new laws include: …

New Year’s Day Is Deadliest For Alcohol-Related Crashes: IIHS

New Year’s evokes visions of celebrations and fresh beginnings but the holiday has a more somber side when it comes to alcohol and crashes. Jan. 1 is the deadliest day on average for alcohol-related crashes involving a motor vehicle, pedestrian …

Why Young Insurance Agents Are So Optimistic

It’s no secret that the insurance industry is facing a huge talent gap. Almost half of all insurance professionals are over age 45, with 25 percent of the industry expected to retire by 2018. That’s a concerning trend for the …

Fidelity National Unit Reported Close to Settlement Over Robo-Signing

A Fidelity National Financial Inc. subsidiary is in final talks to pay as much as $65 million to resolve U.S. government accusations that it contributed to improper and fraudulent foreclosures after the 2008 credit crisis, according to a person familiar …

Crystal & Co. Names Weiss Managing Director in Southern California

Crystal & Co. has named Scott Weiss a managing director in its commercial property/casualty department and a team leader for Northern California. Weiss’ responsibilities include the development, administration and execution of account service strategies. He maintains a primary client management …

Markel International Names Brown & Larson to Equine & Livestock Team

Markel International, the London-based specialist insurer, has appointed Lynette Brown as underwriter in its livestock team and Emilie Larson as underwriting assistant for the equine team. Brown has over 10 years’ experience in livestock insurance, most recently as livestock underwriter …

Obamacare Individual Market Profitability Outlook Improving, Says S&P

The Affordable Care Act (ACA) individual market has proven a tough nut to crack for U.S. health insurers, with the benefit of strong premium growth offset by persistent underwriting losses for most insurers. But 2016 is going to be the …