Monthly Archives: <span>January 2017</span>

Neon’s M&A Consortium Raises Capacity to £75 Million

Neon has expanded its M&A consortium, with capacity increasing from £50 million ($62.2 million) to £75 million ($93.3 million), effective on Jan. 1, 2017. The consortium is led by Neon and is 100 percent backed by Lloyd’s markets, the London-based …

Group Offers Insurance for Freelance Journalists Assigned Anywhere, Including in War Zones

The International Federation of Journalists (IFJ) has joined forces with insurance company Isle of Man Assurance Limited to offer insurance overage for all media workers without restriction in any region of the world – including war zones. According to IJF, …

Idaho Insurance Director Tapped for NAIC Committee Leadership Position

Idaho Department of Insurance Director Dean Cameron has been named as vice chair of the National Association of Insurance Commissioners’ Life Insurance and Annuities Committee for 2017. Director Cameron was elected secretary of the NAIC Western Zone last fall. He …

Minnesota May Tap Rainy-Day Fund to Help Cover Insurance Hikes

Minnesota would use state money to offset the health premium hikes for more than 100,000 residents under a measure legislators were considering on Jan. 19, a novel approach as states across the country grapple with the rising costs and uncertain …

Arizona Governor Offers Proposals for Health Insurance Overhaul

Arizona Gov. Doug Ducey is urging Congress not to repeal former President Barack Obama’s health care overhaul without a well-developed replacement plan, suggesting in a letter that it may take three years for a new system to be fully implemented. …

Why Are Large-Scale Tornado Outbreaks Increasing in U.S.?

The frequency of large-scale tornado outbreaks is increasing in the United States, particularly when it comes to the most extreme events, according to research recently published in Science. The study by researchers including Joel E. Cohen, a visiting scholar at …

Appeals Court: Charter School Firm Can’t Sue North Carolina School Official for Libel

A company running a string of taxpayer-funded charter schools and its founder can’t sue a former North Carolina local school superintendent for libel after he criticized plans for a competing school, the state Court of Appeals ruled Jan. 17 Former …

U.S. Picks North Carolina Turnpike Authority to Assist With Testing Driverless Cars

The U.S. Department of Transportation recently designated the North Carolina Turnpike Authority to help with testing driverless cars. A statement from the N.C. Department of Transportation on Friday said the authority was selected from a competitive group of more than …

NAIC Announces 35 Consumer Representatives for 2017

The National Association of Insurance Commissioners (NAIC) recently named 35 consumer liaison representatives for 2017. The 22 funded and 13 unfunded consumer representatives began their terms Jan. 1. Eighteen of the funded consumer representatives participated in the program in 2017. …

New CA Workers’ Compensation Laws 2017 Workshop

Santa Ana, CA, January 23, 2017- Registration for the Insurance Educational Association’s annual 3-hour seminar on the new workers’ compensation laws of California is now available on its website with seminars scheduled statewide in January and February of 2017. Popular …