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California Commissioner Sums up Trump Battle, High on Cannabis Insurance
It’s David vs. Goliath. That about sums up California Insurance Commissioner Dave Jones’ feelings on his efforts to keep the remnants of Obamacare up and running in his state while President Trump does his best to repeal and replace it. …

POSTED SEPTEMBER 19, 2017 7:21 PM
Travelers’ Cunningham Joins Liberty Mutual to Lead National Insurance Property
Liberty Mutual Insurance has appointed Gregg Cunningham as executive vice president, National Insurance, and general manager, National Insurance Property. Cunningham, who has 25 years of commercial insurance experience, leads the area of Liberty Mutual that provides property insurance, inland marine …

POSTED SEPTEMBER 19, 2017 6:51 PM
Percent of Indiana Residents Without Health Insurance Declines
A U.S. Census Bureau report has found that Indiana had 373,000 fewer people without health insurance last year than three years earlier. The report released last week said about 8 percent of Indiana residents, or about 530,000 people, lacked medical …

POSTED SEPTEMBER 19, 2017 4:19 PM
Iowa Workers’ Comp Rate to Drop in 2018; Debate On as to Why
The Iowa governor’s office and the organization that sets workers’ compensation rates are disputing over whether a new law influenced a recent rate reduction in premiums for employers. The National Council on Compensation Insurance announced an 8.7 average premium reduction …

POSTED SEPTEMBER 19, 2017 4:16 PM
Ohio Insuretech, Bold Penguin, Appoints Metcalf as Chief Financial Officer
Bold Penguin, a Columbus, Ohio-based insurtech providing an online marketplace for commercial lines property and casualty (P/C) agents, has hired former Ohio Deputy Treasurer Seth Metcalf as the company’s chief financial officer (CFO). Most recently, Metcalf spearheaded several successful, award-wining …

POSTED SEPTEMBER 19, 2017 4:05 PM
Rain and Snow Help Montana Wildfires But Won’t End Season
Rain snow and cold have replaced heat and smoke after about two dry months on Montana’s fire lines, leaving crews scrambling for extra sleeping bags, heaters, coats and long underwear. While the change in weather is welcome, it brings its …

POSTED SEPTEMBER 19, 2017 3:13 PM
Advocates Rally Behind New Federal Bill to Fix New York’s Scaffold Law
The Lawsuit Reform Alliance of New York (LRANY) today will join the New York State Association for Affordable Housing (NYSAFAH), Habitat for Humanity, MWBE contractors and other construction and business organizations to applaud Rep. John Faso for introducing the Infrastructure …

POSTED SEPTEMBER 19, 2017 3:11 PM
M5.1 Quake Rattles Alaska
A Magnitude 5.1 earthquake shook Alaska about 135 miles northwest of the state’s capital city Juneau, the Alaska Earthquake Center confirmed. Coincidentally, the City and Borough of Juneau’s Disaster Preparedness Expo was winding down as the earthquake hit Saturday afternoon. …

POSTED SEPTEMBER 19, 2017 3:11 PM
Dietz, Gilmor & Chazen Makes 3 Partner Promotions in California
Dietz, Gilmor & Chazen has promoted Robert E. Robinson, Richard A. Lynn and Robert Lance to partners in the firm in California. All three newly promoted partners were previously with Dietz, Gilmor & Associates, before the firm became Dietz, Gilmor …

POSTED SEPTEMBER 19, 2017 2:53 PM
The Hilb Group Acquires Massachusetts’ Mid-State Insurance Agency
The Hilb Group LLC (THG), a property and casualty insurance and employee benefits broker based in Richmond, Va., has announced the acquisition of Massachusetts-based Mid-State Insurance Agency Inc. (MSIA). The transaction became effective September 1, 2017. MSIA is THG’s 37th …

POSTED SEPTEMBER 19, 2017 2:51 PM

Property Casualty 360

Mexico is rocked by 7.2 earthquake on anniversary of 1985 devastation
A powerful 7.2 magnitude earthquake struck near Mexico City, toppling buildings and extinguishing lights as thousands of people fled.

POSTED SEPTEMBER 19, 2017 3:21 PM
Puerto Rico braces for Maria after Irma's $1 billion damage
Puerto Rico is facing an active hurricane season with little financial ability to navigate a natural catastrophe.

POSTED SEPTEMBER 19, 2017 2:46 PM
Optimize your workers’ comp spend with experience modifications
You may be able to reduce or control your workers' comp costs with careful attention to your experience modification.

POSTED SEPTEMBER 19, 2017 1:00 PM
The cyber liability insurance market rises
Risk managers are frustrated at the lack cyber liability coverage options while insurers are frustrated that the market has not yet taken off. Brokers are stuck in between.

POSTED SEPTEMBER 19, 2017 12:30 PM
What if an Irma-like hurricane hit the New York City metro area?
It wouldn’t take Irma’s killer gusts or Houston’s torrential 50 inches of rain to create a wall of water swamping 500 miles of New York City coastline.

POSTED SEPTEMBER 19, 2017 12:00 PM
5 finalists participate in InsurTech ‘Entrepreneur of the Year’ competition
As part of the Entrepreneurial Insurance Symposium, five finalists presented their hottest new InsurTech ideas to compete for the 2017 Entrepreneur of the Year award.

POSTED SEPTEMBER 19, 2017 7:00 AM
Hurricane Harvey water releases result in lawsuits against government for damages
Texas lawyers have begun filing lawsuits on behalf of clients who live in Houston neighborhoods that flooded when the Army Corps of Engineers authorized controlled water releases from two reservoirs in the wake of Hurricane Harvey.

POSTED SEPTEMBER 19, 2017 6:30 AM
Buying insurance? There's an app for that
Startups such as Lemonade and Metromile are changing the way people access and purchase coverage. But there's a lot more to InsurTech than building an app.

POSTED SEPTEMBER 19, 2017 6:15 AM
Winners announced for NU’s Agency of the Year Award
The winners of NU’s 2017 Agency of the Year Award have been selected, and will be featured in profile stories in our October print edition and right here on PropertyCasualty360.com.

POSTED SEPTEMBER 19, 2017 6:03 AM
Connected high-value homes pose complex security challenges
High-net-worth individuals face challenges for home security with their online and offline lives.

POSTED SEPTEMBER 19, 2017 6:00 AM

Business and financial news - CNNMoney.com

Trump makes false jobs claim at UN
President Trump said at the United Nations that U.S. job growth was at its best in "a very long time." That's not true.

POSTED SEPTEMBER 19, 2017 2:21 PM
What's going on with the NFL in Los Angeles?
The Rams and the Chargers now call L.A. home, but can they make it work?

POSTED SEPTEMBER 19, 2017 3:24 PM
Fiat Chrysler recalls nearly 500,000 pickup trucks
Fiat Chrysler is recalling nearly 444,000 trucks over a possible fire risk.

POSTED SEPTEMBER 19, 2017 3:11 PM
Slam dunk for Adidas as sales top Nike's Jordan line
Adidas now sells more sneakers in the U.S than Michael Jordan does for Nike. Endorsements from Kanye West and Kendall Jenner have helped. It's a changing of the guard in athletic apparel -- and Wall Street has taken notice as well.

POSTED SEPTEMBER 19, 2017 2:18 PM
Rutgers ride-sharing service for refugees wins $1M prize
Roshni Rides wants to help refugee communities become self-sufficient through its rickshaw ride-sharing service.

POSTED SEPTEMBER 19, 2017 3:58 PM
'SNL' is staying live coast to coast this season
Those on the west coast will no longer have to stay up late to see the viral antics of "Saturday Night Live."

POSTED SEPTEMBER 19, 2017 3:43 PM
Equifax's troubles keep piling up
Less than two weeks after disclosing a massive data breach, Equifax's legal and government troubles are piling up fast.

POSTED SEPTEMBER 19, 2017 1:14 PM
Americans worried about Equifax. But not taking action
Two-thirds of Americans are concerned about the Equifax breach -- but far fewer have taken steps to protect themselves.

POSTED SEPTEMBER 19, 2017 2:40 PM
Twitter has shut nearly 1 million terrorist accounts
The company has suspended more than 935,000 accounts for promoting terrorism since August 2015.

POSTED SEPTEMBER 19, 2017 3:00 PM
Ellen Pao: I turned down millions to tell my story
Read full story for latest details.

POSTED SEPTEMBER 19, 2017 12:15 PM

NOTICE: The links and articles found on or within this news center are simply for informational purposes that we believe may be of benefit to our clients and/or website visitors. By providing these links on our website, we are not recommending or endorsing the use of the particular products or services these third parties offer. Nor does JSM Brokerage Inc. confirm, corroborate or agree to the statistics or opinions on these links and articles. We urge you to review each website’s Privacy Policy, Disclaimers, and develop an independent opinion of the service or product for any link pursued.





 
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