Mon, 23 Jul 2018 13:05:48 +0000
The GEICO Board of Directors has promoted Jeremy Connor to vice president of the company’s regional office in Buffalo, N.Y., and its claims office in Marlton, N.J. Connor had served as assistant vice president of claims in Buffalo since 2016. …
Mon, 23 Jul 2018 12:58:13 +0000
Greenlight Capital Re, known informally as Greenlight Re, is losing its chief operating officer after he joined the company less than a year ago. The specialist property/casualty reinsurer disclosed that Michael Belfatti would be stepping down as of Se...
Mon, 23 Jul 2018 12:50:30 +0000
The city of Baltimore filed a lawsuit on Friday against 26 oil and gas companies and entities, including BP Plc, Chevron Corp and Exxon Mobil Corp, for knowingly contributing to what the city called the catastrophic consequences of climate change. …
Mon, 23 Jul 2018 12:39:59 +0000
A federal judge is blocking a third attempt in as many years by Governor Tom Wolf and state lawmakers to take at least $200 million in surplus cash from a state-chartered medical malpractice insurer of last resort. U.S. District Judge …
Mon, 23 Jul 2018 11:46:36 +0000
British Foreign Secretary Jeremy Hunt said the U.K. will not “blink” in Brexit negotiations, as he warned the European Union it risks forcing the country to crash out of the bloc with no deal. On his first trip to Berlin …
Mon, 23 Jul 2018 11:16:42 +0000
SoftBank Group Corp. plans to announce within days that it will start a mobile digital payments service in Japan by the end of 2018 as billionaire founder Masayoshi Son seeks to expand in the sector, people familiar with the matter …
Mon, 23 Jul 2018 10:49:33 +0000
Tokyo prosecutors indicted Kobe Steel Ltd. over the faked data crisis that rocked Japan’s manufacturing industry last year. The company was indicted on suspicion of breaching Japan’s unfair competition law in connection with falsified inspection report...
Mon, 23 Jul 2018 10:34:03 +0000
As wildfires raging through Sweden exhaust local emergency services, Europe is sending hundreds of people to help contain multiple blazes across the country. France, Germany and Denmark have dispatched more than 100 firefighters while Poland is sending...
Mon, 23 Jul 2018 10:06:41 +0000
The maker of a permanent contraceptive implant subject to thousands of injury reports and repeated safety restrictions by regulators said Friday that it will stop selling the device in the U.S., the only country where it remains available. Bayer said …
Mon, 23 Jul 2018 07:41:17 +0000
British businessman Arron Banks has denied an allegation made by a former business partner that he approached Russians about investing in his diamond mines, and that the money raised went instead to his campaign to leave the European Union. Banks, …
Mon, 23 Jul 2018 07:19:24 +0000
In the staid and buttoned-up world of insurance underwriting, few want to talk about it. You won’t find many ads promoting it or details on company websites offering it. But according to industry insiders, there’s a hot new business that …
Mon, 23 Jul 2018 05:46:22 +0000
Excess and surplus lines (E&S) insurance premium recorded by the 15 managing service offices in the United States increased 9.4 percent as of the 2018 mid-year point, the Surplus Lines Stamping Office of Texas (SLTX) reports. Total premium reported rea...
Mon, 23 Jul 2018 05:14:39 +0000
Protective Insurance Co., a property-casualty insurer specializing in trucking and workers’ compensation, has partnered with AmWINS Transportation Underwriters (ATU) to offer a program to support for-hire commercial trucking fleets with up to 24 trucks...
Mon, 23 Jul 2018 05:00:19 +0000
A federal appeals court in San Francisco on Friday rejected the Trump administration’s renewed bid to dismiss a lawsuit by young activists who say the U.S. government is ignoring the perils of climate change. By a 3-0 vote, the 9th …
Mon, 23 Jul 2018 05:00:11 +0000
Warren G. Bender Co. in Northern California has named Jeffrey Wood manager of its personal lines department. He has 21 years of experience in personal insurance. He was previously an agent with Albano, Dale, Dunn & Lewis Insurance Services Inc. …
Mon, 23 Jul 2018 04:46:51 +0000
At least four people have been hurt after a fire started at an apartment complex in North Carolina’s largest city. The Charlotte Fire Department said firefighters were called around 4:30 a.m. Friday and had to call more firefighters to help …
Mon, 23 Jul 2018 04:45:40 +0000
A Mississippi insurance producer has surrendered his licensed after being served a cease and desist order by the Mississippi Insurance Department. According to a statement from MID, James Michael Brand surrendered his insurance producer’s license on Ju...
Mon, 23 Jul 2018 04:03:57 +0000
Appalachian Underwriters, Inc. has added Peter Stavrakos to its brokerage office in Sarasota, Fla. He will be joining the Professional Liability team where he will focus on the coverage needs of both smaller and larger professional and management liabi...
Fri, 20 Jul 2018 20:47:31 +0000
A new analysis offers a preliminary look at Utilization Review and Independent Medical Review outcomes involving pharmaceutical requests for California injured workers since the state implemented a workers’ compensation formulary in January. The analys...
Fri, 20 Jul 2018 16:22:46 +0000
Technical and supply-chain issues with equipment made by Chinese firm Huawei have exposed Britain’s telecom networks to new security risks, a government report said on Thursday. The assessment, made in a report signed off by Britain’s GCHQ spy agency, ...
Fri, 20 Jul 2018 15:46:56 +0000
Fire has left homeless hundreds of residents of a suburban Chicago condominium complex. About 150 firefighters from 50 departments near Prospect Heights battled the fire, which Prospect Heights Fire Chief Drew Smith said began about 1:30 p.m. Wednesday...
Fri, 20 Jul 2018 15:42:39 +0000
Texas-based independent insurance brokerage firm, RHSB, has added Mike Baker as assistant vice president. He will be a part of the growing Commercial Property & Casualty sales practice. Baker has over a decade of experience assisting commercial clients...
Fri, 20 Jul 2018 15:36:35 +0000
Central Oklahoma authorities say three people have been injured in an explosion and fire at a saltwater disposal well. Kingfisher County emergency management officials say the explosion occurred shortly after 3 p.m. Wednesday at a saltwater disposal we...
Fri, 20 Jul 2018 15:34:57 +0000
An Ohio chemical manufacturing plant has exploded and caught fire, prompting authorities to evacuate a large area around it. Emerald Performance Materials says it evacuated the plant in Akron and notified the fire department after the Wednesday afterno...
Fri, 20 Jul 2018 15:29:48 +0000
An Arkansas panel has given final approval to regulations that will require doctors who prescribe high doses of opioid pain medication to follow guidelines meant to limit potential abuse, including exploring alternative treatments and limiting prescrip...
Fri, 20 Jul 2018 14:46:34 +0000
Organizers of an Alaska cannabis festival who allowed adult participants to consume pot in public are facing an investigation and possible fine. The director of the Alaska Alcohol and Marijuana Control Office will recommend a penalty for Alaska Hempfes...
Fri, 20 Jul 2018 14:44:31 +0000
The Oregon Court of Appeals has ruled that a trial judge shouldn’t have reduced a jury’s award to a man whose leg was severed by a garbage truck in downtown Portland. In reinstating the award, the Appeals Court said the …
Fri, 20 Jul 2018 14:42:09 +0000
A Montana jury has awarded $300,000 to a mother who claimed a Billings youth treatment center failed to protect her son from being sexually abused by other residents. The Billings Gazette reports the jury awarded the damages Wednesday on claims …
Fri, 20 Jul 2018 14:28:34 +0000
Ridesharing company Lyft said Wednesday that it’s beefing up its background checks after a driver arrested for rape was found to be in the United States illegally. The company’s “enhanced detection processes” will apply to new applicants and existing d...
Fri, 20 Jul 2018 13:10:43 +0000
An insurance salesman convicted of stealing a client’s inheritance is now headed to prison. Federal prosecutors say Patrick McCullagh received a three-year sentence Wednesday. The 70-year-old Georgetown, Kentucky, man must also pay $98,067 in restituti...