September 3, 2018
Section 5(a) of the Illinois Workers’ Compensation Act provides the damages an employer must pay for work-related injuries. It specifies a worker injured in the line of duty cannot sue her employer or its other employees. That prohibition is easy …
September 3, 2018
Christopher Gardner, chairman of the Board of Governors of Citizens Property Insurance Corp., Florida’s insurer of last resort, has resigned. Gary Aubuchon, formerly vice chair, has been appointed interim chair by Florida Chief Financial Officer Jimmy Patronis. Gardner notified Patronis …
September 3, 2018
Western Kentucky University is developing a statewide drought warning system with the help of a $200,000 federal grant. The Bowling Green Daily News reports the Kentucky Climate Center at Western Kentucky University received the two-year grant from the National Oceanic …
September 3, 2018
A train crash into a tour bus that killed four in Mississippi last year stemmed from the railroad and the city failing to improve an unsafe rail crossing, federal safety regulators concluded last month. The March 2017 crash also injured …
September 3, 2018
Mississippi’s Supreme Court says a state lawsuit against Google alleging violations of student privacy should stay in a northeast Mississippi court. The court voted 6-2 Aug. 9 to deny an appeal by the unit of California-based Alphabet Inc. Google wanted …
September 3, 2018
NationsBuilders Insurance Services, Inc. (NBIS), a provider of specialty program insurance to the heavy construction industry, has added Chris Nelson as transportation program manager. Nelson will represent NBIS within the transportation industry, specifically the Specialized Transportation & Heavy Haul groups …
September 3, 2018
Reinsurers expressed different views of loss developments related to Hurricane Irma, when executives reviewed the impact of the Florida event on second-quarter earnings reports last month. Everest Re was among those negatively impacted, with a preannounced net reserve charge of …
September 3, 2018
6 Reasons Cyber Remains Top Emerging Risk Property/casualty insurance experts may not agree on everything but there is a consensus that the most important emerging risk for the industry remains the five-letter word: CYBER. It is not new, of course, …
September 3, 2018
Although cyber risk premiums have expanded sizably in recent years with loss ratios that compare favorably to other product lines, the danger of accumulation risks is a key concern for the market, according to a study released by insurance industry …
September 3, 2018
I was surprised to learn I was named one of the 50 most influential people in the United States/Western Europe for Insurtech. The fact that I was the only person, I believe, listed who makes their living on their own …