|Swails named underwriting chief at Houston International Insurance Group
Houston International Insurance Group Ltd. said Wednesday that Susan K. Swails has been named chief underwriting officer effective immediately.
POSTED OCTOBER 18, 2017 4:13 PM
|Cyber concerns increase as EU data protection deadline approaches
As the May 2018 implementation of the European Union’s General Data Protection Regulation approaches, cyber risk has become the top concern of a majority of executives in a Marsh survey.
POSTED OCTOBER 18, 2017 2:30 PM
|California bill requiring employers to provide injury prevention plans vetoed
California Gov. Jerry Brown vetoed a bill that would require employers to provide their employees their injury and illness prevention plan upon request.
POSTED OCTOBER 18, 2017 2:20 PM
|Axis completes Novae deal
POSTED OCTOBER 18, 2017 2:15 PM
|Former mayor, blue over loss of diamond ring, sues insurer
Former Tulsa, Oklahoma, Mayor Kathy Taylor is suing an insurance company and insurance broker over payments for a lost $4 million blue diamond ring, according to media outlets there.
POSTED OCTOBER 18, 2017 2:10 PM
|Liberty Mutual unit not obligated to pay informal SEC probe costs
A Liberty Mutual Insurance Co. unit is not obligated under its directors and officers liability policy to pay more than $3 million spent by a sports nutrition company in connection with an informal U.S. Securities and Exchange Commission investigation, says a federal appeals court in upholding a lower court ruling.
POSTED OCTOBER 18, 2017 1:49 PM
|SEC charges Rio Tinto, former top executives with fraud
The U.S. Securities and Exchange Commission (SEC) on Tuesday charged mining company Rio Tinto Plc. and two of its former top executives with fraud, saying they inflated the value of coal assets in Mozambique and concealed critical information while tapping the market for billions of dollars.
POSTED OCTOBER 18, 2017 1:23 PM
|EPIC launches Pittsburgh office amid noncompete fight
POSTED OCTOBER 18, 2017 1:14 PM
|Live Nation festival targeted by shooter insured by NY Marine & General: document
A Live National Entertainment Inc. Las Vegas country musical festival that was targeted Oct. 1 in the largest mass shooting in modern U.S. history was insured by New York Marine & General Insurance Co., according to a permit document filed in September.
POSTED OCTOBER 18, 2017 1:02 PM
News – Insurance Journal
|Minnesota’s SFM Mutual Insurance Joins Board of Global Insurance Accelerator
The Des Moines, Iowa-based Global Insurance Accelerator (GIA) announced that SFM Mutual Insurance Company (SFM), a workers’ compensation specialty provider headquartered in Bloomington, Minnesota, will join the GIA board of directors as part of support for the company’s recent annual …
POSTED OCTOBER 19, 2017 2:03 AM
|Kanter Joins JMB Insurance in Chicago
JMB Insurance Agency, a Chicago-based risk management services and insurance brokerage, has added Ben Kanter as a producer to work with its rapidly expanding private equity and real estate groups. In this role, Kanter will be responsible for the development …
POSTED OCTOBER 19, 2017 1:55 AM
|Home, Auto Insurance Rates Rose Slightly in Ohio in 2016
Ohio Department of Insurance Director Jillian Froment says that the average rates in 2016 for the top 10 homeowners and private passenger auto insurance groups in Ohio increased 1.9 percent and 3.1 percent, respectively. Ohioans pay among the lowest average …
POSTED OCTOBER 19, 2017 1:53 AM
|Former Patriots Players Speaking at Risk Conference Air Feelings on Kneeling
Watching NFL players kneel during the National Anthem didn’t sit well with a pair of former New England Patriots players, who aired their feelings about players protesting during the opening of football games during a risk management conference on Wednesday. …
POSTED OCTOBER 18, 2017 11:18 PM
|New York Marine & General Insured Las Vegas Festival Targeted by Shooter
A Live National Entertainment Inc. Las Vegas country musical festival that was targeted Oct. 1 in the largest mass shooting in modern U.S. history was insured by New York Marine & General Insurance Co., according to a permit document filed …
POSTED OCTOBER 18, 2017 7:46 PM
|Year After Texas Balloon Crash, NTSB Wants Medical Certification Exemption Tossed
The National Transportation Safety Board has called on the Federal Aviation Administration to remove its medical certification exemption for commercial balloon operators, saying it contributed to a July 30, 2016, balloon crash in Texas that killed 15 passengers and the …
POSTED OCTOBER 18, 2017 4:26 PM
|Arkansas Gov. Opposed to Tapping General Revenue for Road Improvements
Arkansas’ governor says he’ll “vigorously oppose” any highway funding ballot initiative that calls for tapping into general revenue for road needs. Gov. Asa Hutchinson told reporters he opposes any attempt to divert tax revenue from new and used car sales, …
POSTED OCTOBER 18, 2017 4:17 PM
|Records Show Unprecedented Increase in Firearm Thefts in Kansas City
Police records show there has been an unprecedented spike in gun thefts in Kansas City, Missouri. The number of annual firearms thefts sharply increased between 2015 and 2016, according to police data obtained by the Kansas City Star. Police received …
POSTED OCTOBER 18, 2017 4:14 PM
|Alerts System for Tech-Connected Cars Planned for Ohio Turnpike
Officials are planning a new system of travel alert information for part of the Ohio Turnpike near Cleveland with an eye toward a day when autonomous vehicles might regularly cruise the roadway. The Turnpike Commission will use roadside sensors and …
POSTED OCTOBER 18, 2017 4:11 PM
|Ex-Mayor of Tulsa, Oklahoma: Insurer’s $4M Payout for Lost Ring not Enough
The former mayor of Tulsa, Oklahoma, is suing an insurance company and broker because she says the $4 million she received for a lost blue diamond ring isn’t enough. The Tulsa World reports that Kathy Taylor’s federal lawsuit filed in …
POSTED OCTOBER 18, 2017 4:06 PM