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Aon Launches Lloyd’s Lead Facility for U.S. Casualty Risks

Aon plc has launched Lloyd’s Lead Excess Aon Facility (Lloyd’s LEAF), a program that increases placement options for Aon’s U.S. clients facing global casualty risks while delivering greater contract certainty and claims efficiencies via the Lloyd’s Claims scheme. Lloyd’s LEAF …

Tennessee Malpractice Law Being Challenged Over Soldier’s Suicide

A recent federal appeals court opinion could aid a Tennessee military widow’s efforts to hold the federal government responsible for her husband’s suicide. The 6th Circuit U.S. Court of Appeals has sent a case involving Scott Walter Eiswert back to …

Florida Fights Back Against Assignment of Benefits Abuse

Florida insurers, consumer and insurance advocates, as well as regulators, are hoping 2016 may finally be the year that legislators address the misuse of assignment of benefits (AOB) for water loss claims that they say has become a rampant and …

Company Responsible for West Virginia Chemical Receives ‘Symbolic’ Fine

A bankrupt chemical company responsible for a spill that contaminated a West Virginia river and fouled the drinking water supply of 300,000 residents was fined $900,000 on pollution charges Feb. 4, with a judge noting that Freedom Industries likely could …

4 Arrests Made in Long-Running Alabama Insurance Fraud Operation

Investigating officers from the Alabama Department of Insurance, Fire Marshal and Fraud Divisions announced the arrests of four suspects for allegedly staging structure fires, automobile accidents, vandalism, and personal injury “accidents” in order to receive fraudulent monetary claims from insurance …

ITC Agent Conference to Feature Panel of Online Insurance Aggregators

Insurance Technologies Corporation (ITC), a Carrollton, Texas-based provider of agency marketing, rating and management software and services, announced that a panel of online aggregators will present the keynote address at ITC Agent Conference 2016. The panelists include Google Compare, Compare.com, …

Delaware Officials Look at Health Exchange Enrollment

Delaware officials are still awaiting final numbers from the federal government, but say enrollment on Delaware’s health insurance exchange appears to be increasing. Sunday was the deadline to sign up for exchange coverage this year under the Affordable Care Act. …

The Hanover Insurance Group Posts $77M Q4 Profit

The Hanover Insurance Group Inc. posted Thursday net income of $77.6 million for the 2015 fourth quarter, down 13 percent from $89.9 million net income during the 2014 fourth quarter. The Worcester, Massachusetts-based insurer said net income for the full-year …

Federal Disaster Declaration OK’d for 3 More Oklahoma Counties

Oklahoma Gov. Mary Fallin says the federal government has approved the state’s request for disaster assistance to three more counties as a result of damage from a November ice storm. Fallin said that the Federal Emergency Management Agency agreed to …

Fatal Explosion at ‘Texas’ Musical Venue Leads to OSHA Citations

Federal safety regulators have cited a performing arts employer after 21-year-old worker died following a pyrotechnics explosion at a musical venue in Canyon, Texas. Texas Panhandle Heritage Foundation Inc. was cited for six serious violations as a result of the …

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