Industry News

Insurance Journal

Bill to Lower Michigan Auto Insurance Premiums on Shaky Ground

Oct 16, 2017 Legislation to reduce Michigan’s high auto insurance premiums by letting drivers opt out of mandatory unlimited medical coverage is in peril, with majority...

Louisiana Oil Platform Explodes; Search Continues for Missing Worker

Oct 16, 2017 The search continued for a worker missing from an oil production platform in Louisiana’s Lake Pontchartrain that exploded and caught fire late...

California Wildfires Threaten Significant Losses for P/C Insurers, Moody’s Says

Oct 16, 2017 Moody’s released a report on Monday assessing the impact of the wildfires in California on property/casualty insurers. “Based on history...

AmWINS Acquiring 15 Insurance Programs from Willis Towers Watson

Oct 16, 2017 Specialty broker AmWINS Group reports it has agreed to acquire 15 insurance programs from broker Willis Towers Watson. Among the programs being acquired by...

Best's Reviews

AIG SVP: Many Captives Have Untapped Asset Flexibility

Oct 16, 2017 Bob Gagliardi, senior vice president, American International Group Inc., said captive insurers tend to invest in a small range of assets, but many are able...

Mutual Execs: Responding to Catastrophes Takes Speed, Communication

Oct 16, 2017 Presidents and chief executive officers Paul Ehlert of Germania Insurance and Sandra Parrillo of Providence Mutual described their experiences...

Aviva Regional CEO: Company Eyes Growth Opportunities Offered by Digitalization in Asia

Oct 16, 2017 Aviva Asia is targeting huge growth opportunities in the emerging markets of China, Indonesia and Vietnam, home to massive...

RMS: Hurricane Nate Insured Losses Won’t Top $500 Million

Oct 16, 2017 Private insured losses from Hurricane Nate won’t exceed $500 million, a fraction of the $75 billion to $120 billion of U.S. hurricane-season losses,...

Business Insurance

Weinstein revelations highlight sexual harassment risks

Oct 16, 2017 The travails of film producer Harvey Weinstein, who resigned from his position as co-chairman of the...

Supreme Court to decide major Microsoft email privacy fight

Oct 16, 2017 The U.S. Supreme Court on Monday agreed to resolve a major privacy dispute between the Justice Department...

Formula One risk management strives to prevent racing deaths after tragedies

Oct 16, 2017 Catastrophic fatal incidents in Formula One racing highlight the...

Claims manager invests in workers comp telehealth provider

Oct 16, 2017 Property/casualty claims manager Mitchell International Inc.has invested in Consumer Health...

Property Casualty 360

Who’s using what in P&C insurance: Oct. 16, 2017

Oct 16, 2017 News that IBM is working with MetLife and Majesco on a cloud-based insurance platform is proof that collaboration is the name of the game in...

Ophelia kills 3 amid some of Ireland's worst weather in decades

Oct 16, 2017 Storm Ophelia claimed its first victims in Ireland, as two people died amid some of the worst weather conditions to hit...

NU Agency of the Year Award, G&N Insurance: Earning success, one bobblehead at a time

Oct 16, 2017 Using social media effectively for branding helps keep G&N Insurance growing and thriving. And...

Why is your insurance sales presentation terrible?

Oct 16, 2017 There are three areas all insurance professionals need to concentrate on to improve sales presentations: The slide deck, presentation...

Claims Journal

Common Reasons for FEMA Denial of Funds After Disasters

Oct 16, 2017 Local governments and nonprofits trying to recover from major disasters have sometimes learned the hard way that money spent on protective measures, cleanup and rebuilding...

Surge in Drone Safety Reports Prompts FAA ‘Emergency’ Action

Oct 16, 2017 Reports of safety incidents involving civilian drones have surged to an average of 250 a month, leading to a federal “emergency” action to approve drone...

Smooth Sailing for a Pollution Exclusion?

Oct 16, 2017 The question of whether carbon monoxide constitutes a pollutant for purposes of a standard policy pollution exclusion has been mixed among the courts. Whether carbon monoxide constitutes...

Safety a Focus for Oklahoma Wind Turbine Maintenance Workers

Oct 16, 2017 For Kalon Moore and Jackson Rollins, it’s a sight they never tire of. Just about every day on the job, the two look out at the Oklahoma landscape in every...