News – Insurance Journal
|Crest Insurance Group Acquires Troon in Arizona
Crest Insurance Group LLC has acquired Tucson, Ariz.-based Troon Insurance Services. Terms of the deal were not disclosed. Troon was founded by Clebern Best and has been serving the Greater Phoenix area for 20 years. Crest has Arizona offices in Tucson, …
POSTED JULY 24, 2017 11:25 PM
|Chicago’s Chubb Workplace Benefits Promotes Wayland to Sr. VP
Chubb Workplace Benefits in Chicago has promoted Jon Wayland to senior vice president of sales. Wayland has 30 years of insurance industry experience and previously served as vice president of brokerage channel sales. In his new position, Wayland will continue …
POSTED JULY 24, 2017 4:32 PM
|Missouri Insurance Department Recovers over $4M for Consumers
The Missouri Department of Insurance helped consumers who filed complaints against their insurance company receive an additional $4 million in claim payments in the first half of 2017. Health insurance generated the most complaints in the first half of 2017 …
POSTED JULY 24, 2017 4:28 PM
|Louisiana’s Centauri National Insurance Earns Demotech ‘A’ Rating
Louisiana-based Centauri National Insurance Co. has earned a Financial Stability Rating (FSR) of A, Exceptional, from Demotech Inc. This level of FSR is assigned to insurers who possess exceptional financial stability related to maintaining positive surplus as regards policyholders, liquidity of …
POSTED JULY 24, 2017 4:24 PM
|Louisiana Plans Multiple Storm Mitigation Projects
Louisiana will spend nearly $277 million in federal cash it received after last year’s floods to fortify communities against future disasters, mainly through drainage improvements and buyouts of flood-prone properties. Gov. John Bel Edwards is traveling the state to announce …
POSTED JULY 24, 2017 4:20 PM
|Houston’s Dean & Draper Promotes Smith to Leadership Team
Houston-based Dean & Draper Insurance Agency LP has promoted Stephen B. Smith to executive vice president, chief operating officer and limited partner over its group of agencies. For the past year Smith has served as executive vice president of Soules …
POSTED JULY 24, 2017 4:15 PM
|Ohio County Spends $200K on Cyber Insurance
The Ohio county that includes the capital city of Columbus is spending $200,000 on an insurance policy to cover cyberattacks. The Columbus Dispatch reports Franklin County’s $10 million policy will provide protection for the increasing worldwide threat. The Franklin County …
POSTED JULY 24, 2017 4:11 PM
|Firefighters Gain Ground on California Fire
Firefighters are bracing for the possibility of dry lightning as they battle a stubborn blaze that has scorched nearly 120 square miles near California’s Yosemite National Park. The wildfire burning in the Sierra Nevada foothills was 50 percent contained Monday. …
POSTED JULY 24, 2017 3:14 PM
|$3.1M Sex Abuse Suit Filed by Former Altar Boy Against Oregon Church
A former altar boy at a Portland, Ore. church has filed a $3.1 million lawsuit against the church contending he was repeatedly sexually abused by a choir director in the early 1960s. The Oregonian/OregonLive reported that the Portland man now …
POSTED JULY 24, 2017 3:11 PM
|Colorado Wildfire Evacuation Order Lifted in Foothills
Authorities have lifted evacuations prompted by a wildfire burning near a heavily populated area in Colorado. The fire burned almost half a square mile of brush-covered foothills south of Fort Collins, triggering an evacuation south of Horsetooth Reservoir that was …
POSTED JULY 24, 2017 3:04 PM
Property Casualty 360
|Who’s using what in P&C insurance: July 24, 2017
Technology news from Wellthie, CIA, Insuritas, Guardian Insurance and more.
POSTED JULY 24, 2017 1:00 PM
|Educating homeowners about home-sharing insurance coverage
A new survey from Assurant shows that homeowners need help from the insurance industry in understanding coverage before they decide to share their home with strangers.
POSTED JULY 24, 2017 11:24 AM
|Magnitude 6.7 earthquake strikes Turkey and Greece
A magnitude 6.7 earthquake struck a 6.4-mile area in Turkey and Greece on July 20.
POSTED JULY 24, 2017 10:45 AM
|New workers’ compensation strategies needed in Florida
Employers need new strategies to manage workers' compensation claims after recent Florida Supreme Court rulings. Will applying the AOE/COE principle work?
POSTED JULY 24, 2017 8:00 AM
|Renter households reach 50-year high
The Pew Research Center’s analysis of Census Bureau data found that renter household percentages have increased since 2006 across a variety of demographic factors.
POSTED JULY 24, 2017 5:30 AM
|5 tips for using technology to boost customer engagement
Research indicates insurers stink at service. What's more, technology is evolving and insurance customer demands are changing faster than ever before.
POSTED JULY 24, 2017 5:00 AM
|4 insurance contents claim innovations born from catastrophe
The claims process is traditionally hard, complex and tedious.
POSTED JULY 24, 2017
|Elderly drivers are wreaking havoc on Japan's roads
MS&AD Insurance is developing an in-car box that sounds a warning if an elderly driver's vehicle goes outside a predetermined area or drives the wrong way.
POSTED JULY 23, 2017 7:28 PM
|Reinsurers find sense in ethical investing
Reinsurance is one of the more conservative disciplines in global finance. It's also one of the most forward-looking.
POSTED JULY 21, 2017 1:11 PM
|People on the move in the P&C insurance industry: July 21, 2017
News from TransRe, Marsh, Hub International Limited and more.
POSTED JULY 21, 2017 12:35 PM
Business and financial news - CNNMoney.com
|Scaramucci: Cameras are back at WH briefings
After weeks of darkness, the cameras will roll once again in the White House press briefing room.
POSTED JULY 24, 2017 5:18 PM
|Google profits take a hit from antitrust fine
Read full story for latest details.
POSTED JULY 24, 2017 5:54 PM
|Ivanka Trump's finances: What we've learned
A financial disclosure form submitted by Ivanka Trump was released for the first time on Friday. These are the highlights.
POSTED JULY 24, 2017 2:31 PM
|Mac malware caught silently spying on computer users
Read full story for latest details.
POSTED JULY 24, 2017 5:06 PM
|Health care bill compromises America's workforce
Congressional leaders should find a way to improve our health care system without shifting health care costs to businesses and their employees and compromising the health of the American workforce, says David Lansky President & CEO Pacific Business Group on Health.
POSTED JULY 24, 2017 10:14 PM
|Europe to US: Russia sanctions would hurt us too
Europe is fighting mad over the possibility of new U.S. sanctions targeting Russia. The EU has even hinted at retaliation.
POSTED JULY 24, 2017 2:36 PM
|Former Xerox CEO: US needs to help lift up the poor
Ursula Burns, the first black woman to lead a Fortune 500 company, opens up about politics, running for office and the importance of accepting help when it's offered to you.
POSTED JULY 24, 2017 5:34 PM
|Why NYT wants an apology from Fox News
The New York Times says Fox News hasn't addressed its "sheer hypocrisy" after the network aired a report suggesting the paper had inadvertently helped ISIS' leader.
POSTED JULY 24, 2017 7:53 PM
|Uber's Southeast Asia rival Grab gets $2B stronger
Didi Chuxing, the Chinese ride-hailing behemoth that pushed Uber out of China, is further bankrolling its Southeast Asia competitor, Grab.
POSTED JULY 24, 2017 2:11 PM
|Your summer guide to media and entertainment
Read full story for latest details.
POSTED JULY 24, 2017 2:08 PM