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PEMCO in Washington Names Simonson Learning and Development Manager
PEMCO Insurance in Washington has added Curt Simonson to the carrier’s people and brand team as the department’s learning and development manager. Simonson’s responsibilities include managing employee training programs and leadership development strategies, with a focus on creating opportunities for …

POSTED FEBRUARY 23, 2018 7:58 PM
Chubb Decided to Quit NRA Insurance Program 3 Months Ago
Giant insurer Chubb has joined a list of companies that are halting business deals with the National Rifle Association (NRA). However, the insurer confirmed to Insurance Journal that the decision was made several months ago, before the latest mass shooting …

POSTED FEBRUARY 23, 2018 6:23 PM
Rivers Still Rising in Midwest; Evacuations Continue
Shelters have been opened to assist people forced from their homes by flooding in the Midwest, as rivers swollen by heavy rain and melting snow continue to rise in Indiana, Michigan and other states. Flood warnings were in effect across …

POSTED FEBRUARY 23, 2018 5:50 PM
Records: Corps Failed to Release Harvey Flood Prediction to Public
The U.S. Army Corps of Engineers predicted ahead of Hurricane Harvey’s arrival that reservoirs in Houston would fill to record levels, flooding adjacent neighborhoods, but never shared the concern with the public, government records reveal. A Corps forecast on Aug. …

POSTED FEBRUARY 23, 2018 5:43 PM
Texas’ Combined Agents of America Adds 3 New Agencies
Austin, Texas-based Combined Agents of America LLC, has added three new partner agencies to its network. The latest additions are: Patterson & Associates Insurance in Richardson, Texas; NP Dodge Insurance in Omaha, Nebraska; and Ryder Rosacker McCue & Huston Insurance …

POSTED FEBRUARY 23, 2018 5:41 PM
Visa’s Kereere Joins Board of Grange Mutual Casualty
Suzan Kereere has joined the board of directors at Columbus, Ohio-based Grange Mutual Casualty Co. Kereere heads both the European Merchant Sales & Solutions team and the Global Merchant Accounts team at Visa. There, she leads a group that helps …

POSTED FEBRUARY 23, 2018 5:32 PM
Fareway Chicken Salad Produced at Iowa Processing Plant Recalled
The federal government issued a recall of chicken salad made by an Iowa processing company and distributed by Fareway Stores which has now sickened more than 100 people in five states and prompted lawsuits in Illinois, Iowa and South Dakota. …

POSTED FEBRUARY 23, 2018 5:27 PM
Texas Appeals Court Upholds $351M Award Against Credit Suisse
Credit Suisse said it would fight on after a Texas appeals court upheld a $351 million award against the Swiss bank over its role in a Las Vegas resort project whose finances collapsed a decade ago. The Texas Court of …

POSTED FEBRUARY 23, 2018 5:13 PM
Private School System in Hawaii Schools Agrees to Pay $80M to Abuse Victims
A private school system in Honolulu, Hawaii has agreed to pay $80 million to the victims of a doctor accused of sexually abusing students and other patients for decades. Kamehameha Schools has also agreed to create new safeguards and methods …

POSTED FEBRUARY 23, 2018 3:57 PM
Hershey’s in Trademark Battles with California Marijuana Businesses
Cannabis businesses, beware: The Hershey Co. is on the warpath. Perhaps the most famous confectionery peddler in the world has a well-documented history of actively protecting its trademarks, and the marijuana industry is no exception. Although Hershey’s has been relatively …

POSTED FEBRUARY 23, 2018 3:53 PM

Property Casualty 360

Swiss Re says adding anchor shareholder would be 'attractive'
Swiss Re on Friday said it plans to raise its dividend and return an additional $1 billion to shareholders.

POSTED FEBRUARY 23, 2018 3:59 PM
Fire displaces Nebraska Department of Insurance
Smoke and water damaged the department's offices.

POSTED FEBRUARY 23, 2018 12:30 PM
Stepping back in time helps with insurance claims too
Insurance archaeology helps insurers unearth which entity is responsible for covering long-tail environmental claims.

POSTED FEBRUARY 23, 2018 8:00 AM
People on the move in the P&C insurance industry: Feb. 23, 2018
News from HUB International of California, Brokerslink, Ed and more.

POSTED FEBRUARY 23, 2018 7:30 AM
10 states with the worst drivers
Results from the nationwide annual study identify the worst drivers by state.

POSTED FEBRUARY 23, 2018 7:00 AM
Pyeongchang Olympics present myriad risks for insurers
The 2018 Winter Olympics bring in the usual risks associated with international sporting events, and then some.

POSTED FEBRUARY 23, 2018 6:15 AM
Insurers with EU clients face workflow challenges under GDPR
European homebuyers who insure their properties through U.S. companies could require those businesses to upgrade their data protection efforts beginning in May of this year.

POSTED FEBRUARY 23, 2018 6:15 AM
Study signals hope for the insurance industry labor market
Recruiting is less difficult in most disciplines than it was one year ago, just in time for Insurance Careers Month, study finds.

POSTED FEBRUARY 23, 2018 6:00 AM
Agent Study 2018: Which carriers appear most on agents' 'approved' lists?
Independent agents reveal which commercial P&C carriers are on their agency's list.

First surety bond program for cannabis industry approved in California
California requires a surety bond in the amount of $5,000 for most licensing categories. Surety bonds are required by licensing agencies to guarantee the behavior of licensees.

POSTED FEBRUARY 22, 2018 2:37 PM

Business and financial news -

Why companies are abandoning the NRA
Read full story for latest details.

POSTED FEBRUARY 25, 2018 8:28 AM
As DACA debate continues, these Dreamers are saving lives
Read full story for latest details.

POSTED FEBRUARY 25, 2018 8:20 AM
How Buffett beat the hedge funds
Buffett bet that an index fund could out perform hedge funds over a 10-year period. He won, and this is what he learned.

POSTED FEBRUARY 24, 2018 3:05 PM
Bank of America wants to talk to its customers who make guns
Bank of America joined a long list of companies putting pressure on the gun industry.

POSTED FEBRUARY 24, 2018 4:10 PM
Delta and United join list of companies to cut ties with NRA
A major national airline, six car rental companies, cybersecurity firm Symantec, MetLife, a home security company and more are ending their discount deals for NRA members.

POSTED FEBRUARY 24, 2018 5:44 PM
Berkshire got a $29 billion gift from new tax code
Investing legend Warren Buffett published his annual letter Saturday, and it came with some of the usual trimmings: sage advice and reflections on the past year's success.

POSTED FEBRUARY 24, 2018 3:06 PM
NBC's $12 billion investment in Olympics is looking riskier
NBC spent roughly $12 billion to secure the rights to 10 Olympic Games.

POSTED FEBRUARY 24, 2018 3:06 PM
South Korea asks: Were Olympics worth the cost?
South Korea has spent $13 billion hosting the Olympics in Pyeongchang, but experts don't expect a big payoff for that enormous cost.

POSTED FEBRUARY 25, 2018 1:50 AM
Kylie Jenner curse? Snapchat faces its defining moment
Snap CEO Evan Spiegel became a billionaire by proving people wrong. Now the fate of his company may rest on doing it again.

POSTED FEBRUARY 23, 2018 4:23 PM
BMW plans to build electric Minis in China
Mini production is moving to China. BMW, which makes the famed British Mini car, is going to start producing the new electric version with Great Wall Motor.

POSTED FEBRUARY 23, 2018 10:13 AM

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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