Daily Archives: <span>December 14, 2017</span>

Studies: Global Warming Tripled Likelihood of Harvey’s Deluge

Global warming’s fingerprints were all over the record rainfall from Hurricane Harvey this year, confirming what scientists suspected, according to new research discussed on Dec. 13 during the American Geophysical Union meeting in New Orleans. While scientists say man-made climate …

200 Homes Evacuated as South Dakota Wildfire Grows

Strong winds are fanning the flames of a growing wildfire in South Dakota, pushing the fire beyond the borders of the Custer State Park and prompting new evacuations. Custer County Emergency Management director Mike Carter said Wednesday that residents of …

WCRI: Michigan Medical Payments per Work Comp Claim Relatively Low

Medical payments per workers’ compensation claim in Michigan were among the lowest of 18 state workers’ compensation systems analyzed in a new study by the Workers Compensation Research Institute (WCRI). The study, CompScope Medical Benchmarks for Michigan, 18th Edition, examined …

Illinois’ Olsick & Company Insurance Agency Joins Keystone

Olsick & Company Insurance, located in Willowbrook, Illinois, has joined Keystone Insurers Group (Keystone), the companies announced. The agency is Keystone’s 18th partner in Illinois. The announcement was made jointly by Olsick President Bryan Olsick and Keystone’s State Vice President …

Texas Surplus Lines Stamping Office to Accept ACH Payments in Early 2018

The Surplus Lines Stamping Office of Texas (SLTX) announced it will begin supporting Automated Clearing House (ACH) payments, effective early first quarter 2018, as part of the new electronic filing system that will be released by SLTX next year. Invoices …

Deadline for Louisiana Flood Insurance Proof of Loss Is Dec. 31

The end of the year deadline for National Flood Insurance Program (NFIP) policyholders affected by the flooding in August 2016 of South Louisiana is fast approaching. After six extensions, the deadline for the filing of proof of loss documentation to …

Pioneer Underwriters Gets Lloyd’s Approval to Launch Syndicate 1980 on Jan. 1

Pioneer Underwriters announced it has received approval from Lloyd’s for Syndicate 1980 to commence underwriting business attaching on or after Jan. 1, 2018. Pioneer Syndicate 1980 will have a gross premium income of £278 million ($371.2 million) and will underwrite …

Wells Fargo Sued by Navajo Nation for Alleged Predatory Tactics

The Navajo Nation announced that it’s suing Wells Fargo for allegedly engaging in predatory and unlawful banking practices that targeted and harmed tribal members. In a statement, Navajo Nation President Russell Begaye said the tribe’s lawyer has been directed to …

Cheech of Cheech & Chong Heralds New Tool for California Pot Businesses

Comedian and legendary stoner Cheech Marin doesn’t want your pot business to go up in smoke. That’s why he’s in a new public service announcement publicizing a California Secretary of State website for budding marijuana entrepreneurs. California on Friday began …

Startups Selected for Inaugural InsurTech Acceleration Program in Hartford

Hartford InsurTech Hub, an initiative established in 2017 by Hartford, Conn.-based insurance companies, the city of Hartford and CTNext, has selected the 2018 group of 11 startups that will participate in its inaugural acceleration program, The InsurTech Accelerator. Hartford InsurTech …