Industry News

Business Insurance

Security breach shuts down OSHA electronic reporting application

Aug 16, 2017 The U.S. Occupational Safety and Health Administration’s web-based form to allow employers to...

Marijuana’s effectiveness for chronic pain questioned in study

Aug 16, 2017 A new study casts doubt on whether marijuana is an effective treatment for...

EEOC granted right to subpoena after right-to-sue letter

Aug 16, 2017 In a ruling that widens an appellate court split, the 7th U.S. Circuit Court of Appeals has held...

Fair Credit Reporting Act case against Spokeo can proceed

Aug 16, 2017 In a case that is on remand from the U.S. Supreme Court, an appellate panel has ruled that a plaintiff in a...

Best's Reviews

Progressive July Catastrophe Losses Fall Sharply

Aug 16, 2017 Progressive Corp. catastrophe losses fell by more than half to $22 million in July, but year-to-date are slightly ahead of 2016 pace, according to a company...

Amid ACA Uncertainty, California Exchange Ponders Allowing Insurers to Recoup 2018 Losses

Aug 16, 2017 Health plans that lose money in 2018 participating in California’s state-run health insurance exchange under the...

Polar Capital Fund Manager: Investors Wary of ILS’ Narrowing Returns

Aug 16, 2017 Nick Martin, fund manager at Polar Capital Global Insurance Fund, said catastrophe bonds hold a significant share of catastrophe reinsurance...

A.M. Best Revises Under Review Status to Negative for Credit Ratings of TOWER Insurance Limited and TOWER Limited

Aug 16, 2017 A.M. Best has revised the implications of the under review status to negative from developing for...

Insurance Journal

Suretywave Acquires Insure Vision Technologies in California

Aug 16, 2017 SuretyWave LLC has acquired Sherman Oaks, Calif.-based Insure Vision Technologies. Terms of the deal were not disclosed. The acquisition paves the way for SuretyWave to...

Seeman Holtz Enters Texas Through Primera Casualty Acquisition

Aug 16, 2017 Boca Raton, Fla.-based Seeman Holtz Property & Casualty Inc. has acquired Primera Capital, headquartered in Dallas, Texas. Primera’s Anthony Davis...

Strayhan Promoted to Producer/Broker in USG’s Troy, Michigan Office

Aug 16, 2017 USG has promoted Mark Strayhan to insurance producer/broker for the Troy, Mich., office. He formerly held the title of associate producer/broker. Strayhan will...

J.M. Wilson Promotes Hamilton to Branch Manager in Ohio

Aug 16, 2017 Managing general agency and surplus lines broker, J.M. Wilson, has promoted Andrew Hamilton to branch manager in its Westerville, Ohio, office. Hamilton will plan the...

Property Casualty 360

The impact on mental health and well-being in workers’ comp

Aug 16, 2017 More than 50% of injured workers experience clinically-related depressive symptoms at some point. In the workers’ comp system,...

Workplace injuries & illnesses in 2015 [infographic]

Aug 16, 2017 Private industry employers reported nearly 48,000 fewer nonfatal injury and illness cases in 2015 compared to a year earlier.

Average global insurance rates decline for the 17th consecutive quarter

Aug 16, 2017 Here is the latest from the Marsh Global Insurance Market Index.

Around the P&C insurance industry: Aug. 16, 2017

Aug 16, 2017 News from MMA Trion, Keenan, Interstate Restoration and more.

Claims Journal

Appeals Court Cuts $2M in Legal Fees in Whirlpool Moldy Washer Settlement

Aug 16, 2017 A federal appeals court reduced by $2 million the legal fees that Sears Holdings Corp. and Whirlpool Corp. must pay to settle a class action lawsuit over...

Fraud News: Sentencing in California $500K Auto Insurance Fraud Ring

Aug 16, 2017 Sentencing for 9 California Residents in $500,000 Auto Insurance Fraud Ring In one of the larger auto insurance fraud cases in the Sacramento region, Michael...

Stunt Driver Dies During ‘Deadpool 2’ Filming in Vancouver

Aug 16, 2017 “Deadpool 2” star Ryan Reynolds is mourning the death of a motorcycle stunt driver killed during production Monday. Reynolds released a statement on...

Wyoming River Flooding Causes Millions in Damage, Several Deaths

Aug 16, 2017 The high volume of water that poured down Wyoming rivers and streams from a melting record mountain snowpack this year is being blamed for several river deaths and...