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Showing posts from November, 2018
AXA XL Adds Cybersecurity Services to Cyber Insurance Program
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AXA XL, a division of AXA, has added complimentary proactive cybersecurity services for its primary cyber & technology insurance clients to improve their cybersecurity preparedness. During their first cyber insurance policy year, AXA XL’s cyber clients can choose one of … from News – Insurance Journal https://ift.tt/2P98Gle
Texas’ Hotchkiss Insurance Hires 2 in Employee Benefits Division
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Hotchkiss Insurance, a Texas-based full-service independent agency, has expanded its employee benefits division with the addition of Chris Hamilton as the employee benefits practice leader and Natalie Cooper as an account executive. Hamilton and Cooper will serve clients statewide from … from News – Insurance Journal https://ift.tt/2BIfgf9
Merk Tapped as Next Executive VP, CEO at Wisconsin’s Rural Mutual
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Madison, Wisconsin-based property/casualty insurer, Rural Mutual Insurance Co. (Rural), has appointed Daniel J. Merk as executive vice president and CEO. Merk will work with current executive VP and CEO Peter Pelizza in a transitional period while holding the title of … from News – Insurance Journal https://ift.tt/2r9CTHo
Lion Air Crash Demonstrates Unintended Consequences of Cockpit Automation
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Harvey Relief Fund Grants Total Nearly $114M
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A relief fund established after heavy rain from Hurricane Harvey swamped parts of Houston has provided its final grants in an overall nearly $114 million charitable effort. Leaders of the Hurricane Harvey Relief Fund on Nov. 28 announced $3 million … from News – Insurance Journal https://ift.tt/2Pcktiz
Explosion at ChemChina’s Hebei Plant Caused by Gas Leak
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Modeler: Insured Losses from Woolsey Fire in Southern California at Least $2.5B
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Catastrophe risk modeling firm AIR Worldwide on Friday said it estimates that insured losses from the Woolsey Fire in Southern California will be at least $2.5 billion. Moody’s on Thursday released estimates showing property/casualty insurers and reinsurers total insured losses … from News – Insurance Journal https://ift.tt/2KIkqdZ
Hawley to Reintroduce McCaskill’s Duck Boat Bill
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Republican Sen.-Elect Josh Hawley of Missouri says he’ll reintroduce a duck boat safety bill that his campaign rival Sen. Claire McCaskill proposed after a duck boat sank in July, killing 17 people. Hawley said he’ll bring the legislation up again … from News – Insurance Journal https://ift.tt/2PcjCOT
Beazley Adds QBE’s Lever to Marine Underwriting Team in Houston
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Survivors of Arkansas Nightclub Shooting Sue Owners
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Nineteen people who survived a shooting last year at a Little Rock, Arkansas, nightclub filed a lawsuit against the club’s owners, alleging negligence in security and in staff training. At a press conference, two survivors and their lawyers said they … from News – Insurance Journal https://ift.tt/2Q46alM
Technology inspired by films: From gesture control to jet suits
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It’s said that influences can come from anywhere – and a closer look at today’s and upcoming inventions show technology inspired by films. Numerous directors have made prescient The post Technology inspired by films: From gesture control to jet suits appeared first on Compelo - latest news, features and insight on influencers and innovators within business . from Compelo – latest news, features and insight on influencers and innovators within business https://ift.tt/2Sj7xcI
Marriott Starwood Assessing Impact of 4-Year Long Data Breach
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Marriott International said on Friday hackers stole about 500 million records from its Starwood Hotels reservation system in an attack that began four years ago, exposing personal data of customers including some payment card numbers. Shares of the company were … from News – Insurance Journal https://ift.tt/2KKROR3
California Mobile Home Residents Awarded $34M in Suit over Living Conditions
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Colorado Agency Targeted in Massive Ransomware Scheme
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No money was paid and no information was lost during a ransomware cyberattack that exploited a cloud-based vulnerability in the Colorado Department of Transportation’s computer network last spring, officials said. CDOT was one of several government agencies across the country … from News – Insurance Journal https://ift.tt/2Q3Uuzs
Hartford InsurTech Hub Announces 2019 Cohort of Startups
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Hartford InsurTech Hub, powered by Startupbootcamp, has unveiled the 2019 cohort of startups for its acceleration program. The chosen startups cover a range of abilities, from property insurance claims to peer-to-peer insurance (P2P). The 10 teams, selected from more than … from News – Insurance Journal https://ift.tt/2E6yoWG
New Virginia Building Code Could Alter Coastal Neighborhoods
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A regulation in Virginia’s new building code could alter the look and feel of some neighborhoods near the state’s coast in the coming decades. The Virginian-Pilot reported Tuesday that the change will impact some of the Hampton Roads region’s historic, … from News – Insurance Journal https://ift.tt/2TUB0eR
How the North West of England could become a leader in promoting hydrogen energy
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Energy industry leaders have joined forces in a bid to make hydrogen a key power source in the North West of England and bring down the region’s carbon The post How the North West of England could become a leader in promoting hydrogen energy appeared first on Compelo - latest news, features and insight on influencers and innovators within business . from Compelo – latest news, features and insight on influencers and innovators within business https://ift.tt/2AGRwWO
CVS Says It Closed on Deal to Buy Aetna But Judge Balks
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Family of Woman with Opioid Addiction Sues a Mass. Police Department for Records
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The family of a 30-year-old Vermont woman whose obituary gained national attention for its discussion about her opioid addiction are suing a Massachusetts police department for information about the days leading up to her death. The lawsuit was filed Tuesday … from News – Insurance Journal https://ift.tt/2Paku6I
Massachusetts Pot Shops Report Sales Above $2.2M in 1st Week of Operation
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The first commercial pot shops in Massachusetts sold more than $2.2 million worth of marijuana products during the first five days they were open for business. That’s according to figures released Tuesday by the Cannabis Control Commission. The stores in … from News – Insurance Journal https://ift.tt/2Pb9LJg
AXIS Consolidates 4 Businesses Into Single Global Cyber and Technology Unit
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AXIS Insurance said it is merging its U.S. Cyber, Technology, Media and Miscellaneous Professional Liability businesses into one major division to better address “borderless risks.” Dan Trueman has been appointed as global head of the division, dubbed the Global Cyber … from News – Insurance Journal https://ift.tt/2DSO6DE
From pain-relieving tampons to period trackers: Four femtech start-ups set to change female care
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Period cramps and hormonal contraceptives are some of the female healthcare challenges the industry has largely failed to overcome – but a new wave of femtech start-ups are The post From pain-relieving tampons to period trackers: Four femtech start-ups set to change female care appeared first on Compelo - latest news, features and insight on influencers and innovators within business . from Compelo – latest news, features and insight on influencers and innovators within business https://ift.tt/2SlunAp
Ceta targeting up to 500 brokers with new online non-standard property service
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Blog: Why it’s important to think about engineering inspections
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Short On Federal Funding, Obamacare Enrollment Navigators Switch Tactics
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UK electric vehicle charging network to expand by 14% with Tesco-VW partnership
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The UK’s largest retail electric vehicle charging network is to be built after Tesco and Volkswagen teamed up. The nation’s largest fuel retailer and the world’s biggest vehicle The post UK electric vehicle charging network to expand by 14% with Tesco-VW partnership appeared first on Compelo - latest news, features and insight on influencers and innovators within business . from Compelo – latest news, features and insight on influencers and innovators within business https://ift.tt/2SggT98
British, Dutch Regulators Fine Uber for 2016 Cyber Attack
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British and Dutch regulators on Tuesday [Nov. 27] fined ride-hailing service Uber for failing to protect customers’ personal information during a 2016 cyber attack involving millions of users. Names, mobile phone numbers and email addresses were compromised in the breach, … from News – Insurance Journal https://ift.tt/2Sj7z4n
UK’s EU Draft Divorce Deal Preferable to No-Deal Brexit, Says FCA
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Britain’s draft divorce settlement with the European Union is preferable to a no-deal Brexit even though this would leave it without a say over EU financial rules, its finance industry watchdog said on Thursday. The Financial Conduct Authority’s report was … from News – Insurance Journal https://ift.tt/2Qu3XPN
What is femtech? Promoting female healthcare in a male-dominated industry
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“It’s time to give a s*** about women’s health,” says Shardi Nahavandi, CEO and co-founder of femtech start-up Sura. The Sura app gives women a personal contraception plan The post What is femtech? Promoting female healthcare in a male-dominated industry appeared first on Compelo - latest news, features and insight on influencers and innovators within business . from Compelo – latest news, features and insight on influencers and innovators within business https://ift.tt/2DPfz9c
Justice Department Vows to Pursue Individual Executives in Corporate Crime Cases
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The U.S. Justice Department will make executive accountability a part of every investigation of corporate wrongdoing, Deputy Attorney General Rod Rosenstein said. “Under our revised policy, pursuing individuals responsible for wrongdoing will be a top priority in every corporate investigation,” … from News – Insurance Journal https://ift.tt/2rdEOuE
Democrats’ Climate Change Concern Ebbs When Congress Faces Flood Insurance
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A Congressional stalemate over flood insurance highlights the difficulty of enacting the type of reforms urged last week in a U.S. government report on climate change — even for Democrats, who embraced the report’s findings. The heavily indebted National Flood … from News – Insurance Journal https://ift.tt/2FS94Fl
Judges Weigh Consolidating Firefighting Foam, Other Water Chemical Lawsuits
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Creating a massive lawsuit over cancer-linked chemicals found in around a third of Americans’ drinking water got a skeptical reception in federal court Thursday. A panel of seven judges in Manhattan repeatedly asked whether cases across the U.S. should be … from News – Insurance Journal https://ift.tt/2rfFiQB
Democrats, Republicans Tentatively Agree on Farm Bill with Crop Insurance, Food Stamps
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Democrats and Republicans said they reached a tentative deal on farm legislation after jettisoning controversial work requirements for food stamp recipients demanded by President Donald Trump and conservatives in the House. Lawmakers said Thursday they expect both chambers to take … from News – Insurance Journal https://ift.tt/2FS92xd
J.M. Wilson Promotes Silverman to Transportation Underwriter in South Carolina
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J.M. Wilson has promoted Cassandra Silverman to Transportation underwriter in its North Charleston, S.C., office. Silverman is responsible for underwriting new and renewal business, corresponding with carrier underwriters, and assisting independent agents in Georgia, North Carolina, South Carolina and Tennessee. … from News – Insurance Journal https://ift.tt/2rdENXC
Company Building West Virginia Pipeline Fined $122K for Environmental Violations
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A company building a natural gas pipeline in West Virginia has agreed to pay $122,350 for environmental violations. The Charleston Gazette-Mail cited a consent order made public Monday in reporting that Columbia Gas Transmission agreed to pay the amount to … from News – Insurance Journal https://ift.tt/2E3G2AR
Beck to Become Next Georgia Insurance Commissioner
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Georgia Republican and former deputy insurance commissioner Jim Beck has been elected as the state’s next insurance commissioner, according to final election results. In a close race against insurance agent Janice Laws in the state election to replace Georgia Insurance … from News – Insurance Journal https://ift.tt/2PeNjiE
North Carolina Requests $8.8B in Florence Recovery Funds from Congress
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North Carolina’s governor is asking Congress for more federal funding to recover from Hurricane Florence, saying the total $8.8 billion requested is comparable to the help Washington has provided for other disasters since Hurricane Katrina in 2005. Gov. Roy Cooper … from News – Insurance Journal https://ift.tt/2E675eX
Flood Insurance Lapse Avoided But Longer Term Extension Still Uncertain
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California Regulator Requiring PG&E to Implement Safety Recommendations
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California’s top utilities regulator on Thursday ordered the embattled power utility Pacific Gas and Electric Co. to implement safety recommendations the agency’s staff outlined in an independent third-party report. The move by the California Public Utilities Commission comes as it … from News – Insurance Journal https://ift.tt/2TUoyM2
Is Trump Pushing Health Insurance Innovation Or An ACA Rollback?
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Survey from Regulator of Largest U.S. Insurance Market Shows More Coal Divestment by Insurers
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California Insurance Commissioner Dave Jones on Thursday revealed he’s had some success with his 2018 Climate Risk Carbon Initiative Coal Divestment Follow-Up Survey. Jones said the results of the survey reflect an increase in the number of insurers that divested … from News – Insurance Journal https://ift.tt/2TYaLUQ
Podcast: KHN’s ‘What The Health?’ Reading The Tea Leaves In Blue Wave’s Wake
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Insurtech Oyster Opens up Its Pay-as-You-Go Workers’ Comp Model in California
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California OKs $16.3M Rate Reduction for Earthquake Policyholders
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California Insurance Commissioner Dave Jones has approved a rate reduction for California Earthquake Authority residential earthquake policyholders that he says will bring millions of dollars in premium savings for 10s of thousands of homeowners and renters in the state. Jones … from News – Insurance Journal https://ift.tt/2Ro5p3B
Laughlin Named Chief of Staff Insurance for Commissioner-Elect Mulready
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Insurance Commissioner-Elect Glen Mulready has tapped Oklahoma native and longtime conservative adviserTyler Laughlin as chief of staff and first deputy insurance commissioner. Laughlin, currently a deputy commissioner for the Oklahoma Insurance Department, will lead Mulready’s transition into the post. Commissioner-elect … from News – Insurance Journal https://ift.tt/2r7OAhM
Starr Insurance to Offer Ski, Snowboard Rescue & Evacuation Insurance
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Starr Insurance Companies has formed an agreement with Safe Descents, Inc. to provide the an insurance program for rescue and evacuation for skiers and snowboarders in the United States. The policy, underwritten by Starr Indemnity & Liability Co. and sold … from News – Insurance Journal https://ift.tt/2FYcjuO
Issuer Credit Rating of Texas Mutual Insurance Upgraded by A.M. Best
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A.M. Best has upgraded the Long-Term Issuer Credit Rating (Long-Term ICR) to “a+” from “a” and affirmed the Financial Strength Rating (FSR) of A (Excellent) of Texas Mutual Insurance Company (Texas Mutual) in Austin, Texas. The outlook of the Long-Term … from News – Insurance Journal https://ift.tt/2AyQlIZ
J.M. Wilson Adds Henard as Commercial Bond Underwriter in Indiana
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Managing general agency and surplus lines broker J.M. Wilson has hired Aimee Henard as a commercial bond underwriter in its Carmel, Indiana, office. Henard is responsible for underwriting new and renewal commercial and fidelity bonds, as well as corresponding with … from News – Insurance Journal https://ift.tt/2TUNUta
Arkansas Plant Board Committee: Regulate Dicamba Use in 2019
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An Arkansas Plant Board committee recommended that the state allow farmers to use the herbicide dicamba next year but extend protections to prevent the weed killer from drifting and damaging crops. The board’s pesticide committee voted Monday to allow in-crop … from News – Insurance Journal https://ift.tt/2TVqZ0N
Ohio Has Fewest Traffic Deaths Since 1991 Over Thanksgiving Holiday Period
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Legionnaire’s Crisis Behind Illinois Damage-Award Veto Override
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2.9M Colorado Residents Now Living in Areas at Risk Of Wildfire
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The number of Coloradans whose homes are at risk from wildfires soared 45 percent in five years, reflecting the state’s booming population and changing uses of agricultural land, state officials said. The Colorado State Forest Service said 2.9 million people … from News – Insurance Journal https://ift.tt/2KFjXsO
USG Names Sewell AVP in Southern California
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USG has named Larry Sewell business development assistant vice president in the Irvine, Calif. branch. Sewell will support the overall effort to expand USG’s Southern California footprint. He will also be a part of USG’s agency relationship management team, where … from News – Insurance Journal https://ift.tt/2E1uwWV
Moody’s Says Losses from California Wildfires Will Impact P/C Insurer And Reinsurer 4Q Earnings
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Moody’s has released estimates showing property/casualty insurers and reinsurers total insured losses at $10 billion $15 billion from the California wildfires, which destroyed more than 20,000 residential and commercial structures, and damaged nearly 1,000 structures. Moody’s says it expects insured … from News – Insurance Journal https://ift.tt/2E4Aer2
Schemes and insurers jet in for brokers after Ageas’ partial travel exit
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Helen Bryant to lead on SME and corporate partnerships at Allianz as David Martin departs
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Future energy challenges and opportunities for the UK analysed by former National Grid boss
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As the world makes a wholesale shift towards renewables, it presents numerous opportunities for scientists and businesses working on new technologies – but there are also plenty of The post Future energy challenges and opportunities for the UK analysed by former National Grid boss appeared first on Compelo - latest news, features and insight on influencers and innovators within business . from Compelo – latest news, features and insight on influencers and innovators within business https://ift.tt/2P9hhVc
Hub International Reports Minority Investment by Canada’s Altas
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Chicago-based global insurance broker Hub International Limited said it has received a “substantial minority investment” from funds managed by Altas Partners, an investment firm based in Toronto. Funds managed by Hellman & Friedman (H&F) remain the largest investor in Hub … from News – Insurance Journal https://ift.tt/2FPNRvG
Prep School Grad in Sex Assault Case Asks for New Trial
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New Jersey Blast Destroys Home, Damages School
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Authorities say an explosion in a northwestern New Jersey home destroyed the residence and damaged a high school across the street. No injuries were reported in the blast, which occurred shortly before 11 p.m. Tuesday in Hardyston. Officials say no … from News – Insurance Journal https://ift.tt/2zvl4Hm
Applied Systems Among Firms Layering Loans to Pay Equity Owners
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First the companies tapped the loan market. Not long after that, they came back for more. Corporations like Bausch Health Cos., a drugmaker, telecom provider Sprint Corp. and Applied Systems Inc., an insurance software provider, borrowed again this month after … from News – Insurance Journal https://ift.tt/2FNyOCX
Competition watchdog launches funeral industry investigation over ‘large price hikes’
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The UK’s competition watchdog has launched an investigation into the funeral industry after it highlighted “serious concerns” with price hikes that affect the most vulnerable. The Competition and The post Competition watchdog launches funeral industry investigation over ‘large price hikes’ appeared first on Compelo - latest news, features and insight on influencers and innovators within business . from Compelo – latest news, features and insight on influencers and innovators within business https://ift.tt/2BF0G8f
Watch: Why Infusion Drugs Come With Sticker Shock
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Kaiser Health News Editor-in-Chief Elisabeth Rosenthal discusses the latest “Bill of the Month” installment on “CBS This Morning” on Wednesday. The story of an Ohio mom who faced an outrageous bill for a new medicine for multiple sclerosis is part of an ongoing crowdsourced investigation by KHN and NPR. from Insurance – Kaiser Health News https://ift.tt/2KJbPHG
Browne and Hunt Named CEO and Deputy CEO of AGCS UK
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Allianz Group’s specialist corporate insurer Allianz Global Corporate & Specialty SE (AGCS) has announced that Sinéad Browne will assume the role of AGCS UK CEO in addition to her responsibilities as chief regions and markets officer, subject to regulatory approval. … from News – Insurance Journal https://ift.tt/2PYO1FT
Danish Prosecutors Charge Danske with Alleged Money Laundering Violations
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Denmark’s state prosecutor has filed preliminary charges against Danske Bank for alleged violations of the country’s anti-money laundering act in relation to its Estonian branch. The country’s biggest lender was placed under investigation in August over concerns that transactions worth … from News – Insurance Journal https://ift.tt/2AuFVu0
Timeline: Australia’s Inquiry of Misconduct at Banks, Insurers, Wealth Managers
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For nine months a quasi-judicial public inquiry into Australia’s financial system has heard allegations of bribery, fraud, board-level cover-up, abuse of power and the charging of fees for no service. As the inquiry nears its end, the following is a … from News – Insurance Journal https://ift.tt/2TWLlXq
Australia Inquiry into Bank Misdeeds Could Trigger Sweeping Financial Sector Reform
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An inquiry that has exposed rampant greed and wrongdoing in Australia’s major banks and wealth managers wraps up this week ahead of a final report which could trigger sweeping reform of the financial sector of the world’s 12-largest economy. Dismissed … from News – Insurance Journal https://ift.tt/2Q1cdY1
No-Deal Brexit Could Be Worse for UK Economy than 2018 Financial Crisis: BoE
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2M Patients Impacted by Data Breach at North Carolina-Based Health Care Group
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A North Carolina-based health provider says more than 2 million of its patients may have had personal information compromised in a data breach of billing information. News outlets report Atrium, headquartered in Charlotte, said Tuesday the hacking of billing vendor … from News – Insurance Journal https://ift.tt/2PYwm13
5 Killed, 200 Crashes on Mississippi Highways Over Thanksgiving
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Five people have died in wrecks on Mississippi highways during the Thanksgiving holiday period. Mississippi Highway Patrol Capt. Johnny Poulos says that on Saturday, 61-year-old George Henyard Jr. of Morgan City, Louisiana, got his foot stuck in the tire of … from News – Insurance Journal https://ift.tt/2AAHczU
How Scalable Press is disrupting the mass customisation market
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Scalable Press began as a schoolyard project when teen entrepreneur Raymond Lei sold personalised t-shirts to his high school friends. After securing a deal with his school tennis The post How Scalable Press is disrupting the mass customisation market appeared first on Compelo - latest news, features and insight on influencers and innovators within business . from Compelo – latest news, features and insight on influencers and innovators within business https://ift.tt/2BCT45R
How lessons from 20th century car adoption can help prepare for a future of drones
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First came the horse and cart, then it was the automobile – and now we should be preparing ourselves for a future of drones. Whether it’s for delivering The post How lessons from 20th century car adoption can help prepare for a future of drones appeared first on Compelo - latest news, features and insight on influencers and innovators within business . from Compelo – latest news, features and insight on influencers and innovators within business https://ift.tt/2Q0NwuJ
FDA Vows Overhaul of Medical Device Approval System
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U.S. health officials said this week they plan to overhaul the nation’s decades-old system for approving most medical devices, which has long been criticized by experts for failing to catch problems with risky implants and medical instruments. The Food and … from News – Insurance Journal https://ift.tt/2E3hCYe
What Insurers Want and Get from Insurtech Partnerships
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Puerto Rico Reforms Claims, Surplus Lines, Other Insurance Laws
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The governor of Puerto Rico overhauled the U.S. territory’s insurance laws on Tuesday to help protect policyholders as thousands of claims remain unresolved more than a year after Hurricane Maria. Gov. Ricardo Rossello signed six laws into effect as he … from News – Insurance Journal https://ift.tt/2E3hzM2
How Insurer Deployed Technology to Expedite Wildfire Claims
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As wildfires raged this month in California, insurance claims experts at Travelers sat in a command center 3,000 miles (4,828 kilometers) away in Connecticut, monitoring screens showing satellite images, photos from airplane flyovers and social media posts describing what was … from News – Insurance Journal https://ift.tt/2Skg2Vc
Florida Principal Arrested in $16K Hurricane Irma Insurance Fraud Attempt
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An elementary school principal in Jacksonville, Fla., has been arrested in an alleged attempt to commit more than $16,000 in insurance fraud related to Hurricane Irma, according to a statement from Florida CFO Jimmy Patronis, who leads the state’s Department … from News – Insurance Journal https://ift.tt/2E3UAAp
Crum & Forster A&H Division Forms Captive Facility in Cayman Islands
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Florida Deputy Insurance Commissioner Murphy Receives Dineen Award from NAIC
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Florida Deputy Insurance Commissioner Susanne Murphy has been awarded the Robert Dineen Award for Outstanding Service and Contribution to the State Regulation of Insurance from the National Association of Insurance Commissioners (NAIC). Murphy was presented the award at the Opening … from News – Insurance Journal https://ift.tt/2BEtr4H
Under Trump, Number Of Uninsured Kids Rose For First Time This Decade
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QBE Group CEO Regan: Role-Modeling QBE DNA to #RampItUp #Together
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Regulatory cooperation in Southeast Asia more crucial amid advances in tech
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ASEAN insurance regulators will continue to work closely together to achieve a consistent approach in the development of a holistic insurance ecosystem in Southeast Asia - made more urgent given the demands digitalisation and changing consumer expectations. from Recent Posts on (eDaily) https://ift.tt/2PX8f2C
New Zealand: Regulator shines spotlight on life insurance commissions
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India: 3 state owned insurers could be merged by March 2020
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Japan: P&C majors expected to post profits for FY2018 despite CAT hits
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Based on financial performance in the first half of fiscal 2018, three major P&C insurance groups in Japan are likely to remain profitable for the full fiscal year ending 31 March 2019 (FY2018), even after the exclusion of the accounting effect of the reversal of catastrophe reserves and gains on the sales of domestic stocks, according to Moody's Japan. from Recent Posts on (eDaily) https://ift.tt/2Rj1Prd
Hong Kong: Regulator consults on requirements for licensed insurance brokers
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Negative Credit Implications from California Wildfire Could Emerge for Reinsurance, Fitch Says
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The “downside credit risks” from the California wildfires are the most pronounced for investor-owned utilities, which could face large liabilities if IOU equipment is found to have ignited the fires. And negative credit implications could emerge for the reinsurance industry … from News – Insurance Journal https://ift.tt/2FLygNH
Credit Ratings of Texas Hospital Insurance Exchange Upgraded
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Sanchez Joins RHSB as Employee Benefits AVP in Dallas
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Sebastian Sanchez joined RHSB (Roach Howard Smith & Barton) as assistant vice president in the Dallas-based agency’s Employee Benefits division. Sanchez is a benefit consultant with an emphasis in small to mid-market employers. His bilingual proficiency and multi-cultural background position … from News – Insurance Journal https://ift.tt/2SnSeQj
Texas Mutual Awards $100K Grant to Houston Construction Trade Training Center
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Workers’ compensation carrier Texas Mutual Insurance Co. has awarded a $100,000 grant to the nonprofit Construction Career Collaborative (C3) to strengthen the skilled craft workforce in the Greater Houston region. C3 is a nonprofit alliance of owners, general contractors, specialty … from News – Insurance Journal https://ift.tt/2E2lQzm
J.M. Wilson Adds Vansyckle in Wisconsin
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Managing general agency and surplus lines broker J.M. Wilson has hired Landen VanSyckle as sales and agency relations specialist in its Madison, Wisconsin, office. VanSyckle will be the primary resource and liaison for independent insurance agents in Wisconsin and Illinois … from News – Insurance Journal https://ift.tt/2SliniF
NAS Insurance Names Jacobs to Lead Underwriting Operations
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NAS Insurance has named Jeff Jacobs to lead its Underwriting Operations. He is based in Chicago. Jacobs previously worked to establish NAS insurance’ regional operations in Chicago, New York and Atlanta. This new role expands his responsibilities for the company. … from News – Insurance Journal https://ift.tt/2E2lMj6
Missouri University Settles Former Baseball Player’s Lawsuit for $200K
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State records show that former Southeast Missouri State University baseball player Broc Kreitler settled a lawsuit over an injury he suffered during a practice for $200,000. The Southeast Missourian reports that the settlement was reached earlier this year, although the … from News – Insurance Journal https://ift.tt/2RmPH8I
Kansas Company: Feed Truck Caused Amtrak Derailment
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The upcoming trial over the Kansas derailment of an Amtrak passenger train has been cancelled after Cimarron Crossing Feeders admitted its runaway feed truck damaged the railroad track. Trial had been scheduled to start next week to determine who is … from News – Insurance Journal https://ift.tt/2PZHGd3
Female role models in tech: Profiling nine industry leaders from the UK
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From Microsoft and Channel 4 to Trainline and Mumsnet, wherever we look there are numerous female role models in technology. Now, some of the leading names in the industry The post Female role models in tech: Profiling nine industry leaders from the UK appeared first on Compelo - latest news, features and insight on influencers and innovators within business . from Compelo – latest news, features and insight on influencers and innovators within business https://ift.tt/2RjWQGN
Small Quake Rattles West Central California Valley
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A magnitude-4.0 earthquake rattled the rural west side of the San Joaquin Valley early, the U.S. Geological Survey confirmed. No damages were reported. The USGS reported the temblor occurred at 5:07 a.m. on Tuesday and was centered 6 miles northwest … from News – Insurance Journal https://ift.tt/2QuphF2
PG&E Decided Not to Cut Power as Winds Raged Before California Wildfire
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What are ICOs? An introduction to initial coin offerings in cryptocurrency and how to avoid a scam
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A new form of peer-to-peer crowdfunding, initial coin offerings (ICOs) have helped start-ups around the globe capitalise on the decentralised benefits of blockchain technology. They have been dubbed The post What are ICOs? An introduction to initial coin offerings in cryptocurrency and how to avoid a scam appeared first on Compelo - latest news, features and insight on influencers and innovators within business . from Compelo – latest news, features and insight on influencers and innovators within business https://ift.tt/2E22FWm
Investigators Say Broken Rail Caused Pennsylvania Derailment Over Summer
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Investigators say a broken rail caused a freight train derailment in Pittsburgh over the summer that disrupted service for weeks. Norfolk Southern issued the findings Wednesday in a report to the Federal Railroad Administration. The report says the Aug. 5 … from News – Insurance Journal https://ift.tt/2E25Xcb
Former Students Sue Massachusetts College that Abruptly Closed
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Students who attended a Massachusetts college that abruptly shut its doors filed a class-action lawsuit Monday against the school and former administrators and trustees, alleging they were victims of fraud, misrepresentation and invasion of privacy. The suit, filed in U.S. … from News – Insurance Journal https://ift.tt/2BEpFIC
Markel International to Partner with Yacht Insurer Pantaenius
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Markel International, the specialist insurer, will partner with Pantaenius GmbH, the European yacht insurance provider, to strengthen and broaden the capabilities and services that together they provide their clients globally. Through offices across Europe, the U.S. and Australia, Pantaenius has … from News – Insurance Journal https://ift.tt/2KIUKhm
One Killed, Six Injured When Car Drives into NYC Pedestrians
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AXA to Buy Remaining 50% Stake in AXA Tianping for China Growth
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AXA announced it has entered into an agreement with the current domestic shareholders of AXA Tianping Property & Casualty Insurance Co. Ltd. to acquire the remaining 50 percent stake of the company. Total consideration for the acquisition of the 50 … from News – Insurance Journal https://ift.tt/2BBni9l
Hong Kong M&As Slump in 2018 with Insurance Sector Deals Hardest Hit
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Mergers and acquisitions targeting Hong Kong financial firms have slumped this year, with insurance sector deals particularly hard hit, as China’s moves to tighten capital controls and crack down on corporate debt have driven mainland buyers away. Hong Kong’s financial … from News – Insurance Journal https://ift.tt/2FKYa49
UK Economy Could Take 10.7% Economic Hit with No-Deal Brexit: Gov’t Report
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The U.K. will suffer a major economic hit if Parliament rejects Theresa May’s Brexit deal and the country crashes out of the European Union with no new trade arrangements in place, according to official analysis. A government report on Wednesday … from News – Insurance Journal https://ift.tt/2E3vL7X
AXA Expects Profits to Be Boosted by Its $15 Billion XL Deal
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Chronically Ill, Traumatically Billed: The $123,000 Medicine For MS
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Ironshore Environmental Enhances Contractors Ability Coverage for Pollution Incidents
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Ironshore Environmental has enhanced its Contractors Environmental Legal Liability (CELL) program to include coverage for damages resulting from pollution incidents caused by the contractor’s work. CELL is offered on an occurrence basis and can be underwritten as a practice, project … from News – Insurance Journal https://ift.tt/2SilGam
Kentucky Woman Sues Texas Roadhouse Chain Over Being Told to Cover Up While Breastfeeding
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CEO of Liverpool FC Peter Moore on the role of technology in football
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As the CEO of Liverpool FC, Peter Moore’s actions have an impact on an estimated 771 million global fans. The focus for anyone at the helm of a sports The post CEO of Liverpool FC Peter Moore on the role of technology in football appeared first on Compelo - latest news, features and insight on influencers and innovators within business . from Compelo – latest news, features and insight on influencers and innovators within business https://ift.tt/2r4HWJ8
IBM Joins Critics Calling for Regulation of Tech Firms’ Personal Data Use
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International Business Machines Corp. Chief Executive Officer Ginni Rometty joined a growing chorus of tech executives lambasting web platforms, like Google and Facebook Inc., over their collection of user data and urged governments to target regulation at those companies. Without … from News – Insurance Journal https://ift.tt/2DP5nha
How Taxpayers Subsidize Rebuilding Homes After Flooding… Repeatedly
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Floodwaters rose about 15 inches (40 centimeters) into Danielle Rees’ home in September when Hurricane Florence drenched this tidewater city on the Pamlico River and overwhelmed a local creek and marshland. The first floor was a sopping mess of gritty, … from News – Insurance Journal https://ift.tt/2Qo9k2W
Concerned Bankers, Investors Warn Federal Reserve About Leveraged Credit Market
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Bankers, executives and investors are warning Federal Reserve officials behind closed doors that record leveraged lending to companies from lightly-regulated corners of Wall Street could make any economic downturn harder to manage. With the second-longest U.S. expansion in its advanced … from News – Insurance Journal https://ift.tt/2DM0xRM
Managing Natural Disasters Becomes Priority for Nation’s Governors
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Analysts Weigh Chances Next Congress Will Actually Reform Flood Insurance
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Florida CFO: Insurers Must Step Up Response to Hurricane Michael Claims
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Citing a “troubling” number of Hurricane Michael-related consumer complaints and claims denials, Florida’s top financial regulator is urging insurers to respond more quickly and adequately to consumers recovering from the major storm that devastated the Florida Panhandle in October. Florida … from News – Insurance Journal https://ift.tt/2Qq75Mx
Fire Damages Macy’s Distribution Center in West Virginia
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A fire official says operations have been suspended at a Macy’s distribution center in West Virginia after a fire broke out. No one was hurt. Hedgesville Volunteer Fire Capt. Brian Mulligan tells The Herald-Mail of Hagerstown, Maryland, that the state … from News – Insurance Journal https://ift.tt/2Qi7AZd
Valley Insurance Agency in Washington Joins Leavitt Group
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Leavitt Group has made Valley Insurance Agency part of Leavitt Group Northwest. Terms of the deal were not disclosed. Valley Insurance Agency’s Robert Bush, Sheila Siggins and Ginger Patton will remain with the merged agency. Bush and Siggins will work … from News – Insurance Journal https://ift.tt/2BBb4xN
China: AXA to be the 1st foreign insurer to own 100% of a top 20 P&C insurer
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French global insurance company AXA has announced that it had entered into an agreement with the current domestic shareholders of AXA Tianping Property & Casualty Insurance to acquire the remaining 50% stake of the company that it does not already own. from Recent Posts on (eDaily) https://ift.tt/2zwLEzL
India: SBI General Insurance targets public listing in 2020
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Australia: Aussies exit private health insurance as price hikes bite
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Vietnam: Korean insurer agrees to buy stake in VietinBank Insurance
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Indonesia: Non-life sector sees 8% premium growth in first 9 months
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Storm System Cancels Flights, Creates Treacherous Driving Conditions in Midwest
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A wintry storm brought blizzard-like conditions to parts of the Midwest early Monday, grounding hundreds of flights and causing slick roads for commuters as they returned to work after the Thanksgiving weekend. The Chicago area was slammed with up to … from News – Insurance Journal https://ift.tt/2BD0HcN
2 Tornadoes Cause Damage in North Carolina
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Two tornadoes have caused damage in coastal North Carolina. The National Weather Service said two tornadoes touched down Saturday afternoon. One tornado hit Emerald Isle and the other hit near Cape Carteret. There were no reported injuries or deaths. The … from News – Insurance Journal https://ift.tt/2KGiByc
J.M. Wilson Announces Promotions, New Hires in Transportation Unit
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Managing general agency and surplus lines broker, J.M. Wilson, has made a number of personnel changes in its transportation department with promotions and new hires in the Midwest. Josh Mauk was promoted to senior transportation underwriter in J.M. Wilson’s Carmel, … from News – Insurance Journal https://ift.tt/2BzXef0
Alliant Insurance Services Adds Langley in Houston
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Alliant Insurance Services has hired Jeff Langley as a vice president in its Houston office. Langley will provide a full range of risk management and insurance solutions to a diverse client base, further expanding Alliant’s reach and capabilities both in … from News – Insurance Journal https://ift.tt/2BAyYth
Report: Hurricane Harvey Was a Sign of Things to Come, Climate-Wise
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Texas should brace for more — and worse — Hurricane Harveys, according to a major scientific report made public on Nov. 23 by the Trump administration. Based on the research of hundreds of government and academic scientists, including several in … from News – Insurance Journal https://ift.tt/2TO30Ay
UK Regulator to Punish Financial Services Firms for Failures with Cyber Defenses
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How the UK is tackling energy transformation: What we learned at ERA Vision 2018
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When a United Nations body released a report showing much more needs to be done to keep global temperatures at a maximum of 1.5C above pre-industrial levels, it The post How the UK is tackling energy transformation: What we learned at ERA Vision 2018 appeared first on Compelo - latest news, features and insight on influencers and innovators within business . from Compelo – latest news, features and insight on influencers and innovators within business https://ift.tt/2DMmEra
Hawaii’s Big Island Gets $10M For Lava Recovery
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Hawaii is giving a $10 million grant to the Big Island to help jump-start recovery efforts following the Kilauea volcano eruption. The Hawaii County Council adopted a resolution last week to accept the funding, the Hawaii Tribune-Herald reported. The funds … from News – Insurance Journal https://ift.tt/2P5Jfkm
Report Puts Losses from California Wildfires at $15B to $19B
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Bill to Give PG&E Relief from California Wildfire Burden Bill Nears, But Long-Term Fix Is Elusive
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Insurtech MGA Corvus Raises $10 Million to Expand Commercial Lines Business
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Corvus Insurance has secured $10 million in new venture financing that the Boston-based insurtech managing general agency plans to use to jump into additional lines of commercial insurance. Two firms led the startup’s Series A financing: .406 Ventures and Hudson … from News – Insurance Journal https://ift.tt/2AouBQ2
Vermont Seeking Public Input on Regulating Contractors
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Vermont officials are seeking a second round of feedback from the public on a proposal to regulate home improvement and construction contractors. Lauren Hibbert, of the Office of Professional Regulation with the Secretary of State, says the initiative began after … from News – Insurance Journal https://ift.tt/2r4YUHe
Ex-Bookkeeper to be Sentenced for Stealing Over $326K from Connecticut Business
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A Virginia woman who embezzled more than $326,000 from a small family business in Connecticut is seeking home confinement instead of a prison sentence. Miriam Dubay, of Purcellville, Va., was scheduled to be sentenced in federal court in Bridgeport. She … from News – Insurance Journal https://ift.tt/2FEMlMS
Alera Group Acquires New Jersey’s CRISP Insurance Advisors, Two Additional Firms
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Alera Group, a Deerfield, Ill.-based, national employee benefits, property and casualty, risk management and wealth management firm, has acquired three new firms: CRISP Insurance Advisors, Lively Insurance and Loretz Insurance LLC. Terms of the transactions were not disclosed. CRISP Insurance … from News – Insurance Journal https://ift.tt/2RoIAwk
Big I New York Appoints Hobson as Director of Government Relations
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Big I New York, the state’s oldest insurance producer trade organization, has appointed Scott W. Hobson as its director of government relations. In this role, Hobson is responsible for developing and advancing Big I New York’s government relations strategy and … from News – Insurance Journal https://ift.tt/2PZNL9C
Brewery Defeats Trademark Complaint by Conservative Icon Schlafly’s Heirs
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Relatives of the late conservative activist Phyllis Schlafly on Monday lost their appeal to block a St. Louis, Missouri, craft brewery from trademarking the Schlafly name. In a 3-0 decision, the U.S. Federal Circuit Court of Appeals ruled in favor … from News – Insurance Journal https://ift.tt/2Q0PgV5
New communications tech partnership connects Liverpool FC fans and the club
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Liverpool FC fans will get a more personal and speedy service when contacting the club for anything from buying tickets to finding out directions to the stadium after it The post New communications tech partnership connects Liverpool FC fans and the club appeared first on Compelo - latest news, features and insight on influencers and innovators within business . from Compelo – latest news, features and insight on influencers and innovators within business https://ift.tt/2FGOKXq
Marsh Awarded Abu Dhabi’s First Captive Insurance Management Licence
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Insurance broker Marsh has been awarded the first licence to provide captive insurance management services in Abu Dhabi. Operating as Marsh Management Services (MENA) Limited, the firm has been authorised to provide captive insurance management services by Abu Dhabi Global … from News – Insurance Journal https://ift.tt/2PXava5
Research Finds Fire-Resistant Building Codes Do Not Raise Home Prices
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Homes in wildfire-prone areas around the U.S. could be built to better withstand blazes without increasing the cost of construction, according to a new report. The research released Tuesday was sponsored in part by the insurance industry and marks the … from News – Insurance Journal https://ift.tt/2P56POu
RSA appoints leader for troubled specialty and wholesale business
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Greenhouse Gases Reach Level Last Seen 3-5 Million Years Ago: WMO Report
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Brexit Deal Could Reduce UK Economy by 4% by 2030: Think Tank
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Exclusive: Insiders Symington, Lehmann Analyze Mid-Term Elections for P/C Insurance
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The voters have spoken. Republicans have increased their slight advantage in the Senate, while Democrats have flipped the House and will now be in control there. Of course, President Trump, a Republican, still occupies the White House. Now what? What … from News – Insurance Journal https://ift.tt/2Sew6aN
Burns & Wilcox to Offer Cybersecurity Services Through BreachAware
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Burns & Wilcox has formed an exclusive partnership with London-based BreachAware, a cybersecurity company specializing in data breach research and analysis. This risk management program will serve as an extension of the cyber products and services offered by Burns & … from News – Insurance Journal https://ift.tt/2DOtYTo
Florida Mall Faces 10 Lawsuits Over Video Game Tournament Shooting
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Ten lawsuits have been filed against the owners of a Florida outdoor mall where authorities say a gunman opened fire at an online video game tournament, killing two people, wounding several others and then fatally shooting himself. The Florida Times-Union … from News – Insurance Journal https://ift.tt/2P3L41u
CLO Fever: Small Insurer Bets Big on Booming Leveraged Loan Market
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Advantage Insurance of San Juan, Puerto Rico, is no one’s idea of a financial colossus. But this little insurance company is making a giant bet on some of the hottest investments around: collateralized loan obligations. That a company with about … from News – Insurance Journal https://ift.tt/2KzyFl6
OSHA Fines Alabama Steel Firm $320K Over Safety Hazards
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An Alabama steel company is being fined more than $320,000 by the Occupational Safety and Health Administration over hazardous working conditions. Al.com reports OSHA announced the fine Nov. 13 for Montgomery-based Sabel Steel Service Inc. An agency news release says … from News – Insurance Journal https://ift.tt/2Qo5hUh
North Carolina to Order Chemours to Reduce GenX Emissions, Pay $12M Fine
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State environmental officials have proposed a consent order calling on a North Carolina chemical plant to reduce emissions of a compound and pay a $12 million civil penalty. The N.C. Department of Environmental Quality said in a news release Nov. … from News – Insurance Journal https://ift.tt/2r72PDB
Texas’ Murex Petroleum to Pay $50K to Settle Race Harassment Suit
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A Texas-based oil and gas company will pay $50,000 to settle a racial harassment lawsuit involving a black employee in North Dakota. The U.S. Equal Employment Opportunity Commission announced the settlement Wednesday with Houston-based Murex Petroleum Corp. According to the … from News – Insurance Journal https://ift.tt/2FIcESi
Duck Boat Owner, Missouri Family Settle Suit Over Fatal Sinking
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Red Dwarf star Robert Llewellyn on the green transport revolution
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He’s best known for playing the mechanoid Kryten in sci-fi comedy show Red Dwarf – but Robert Llewellyn is now one of the most active voices on what The post Red Dwarf star Robert Llewellyn on the green transport revolution appeared first on Compelo - latest news, features and insight on influencers and innovators within business . from Compelo – latest news, features and insight on influencers and innovators within business https://ift.tt/2r4JHWC
South Asia: Political and economic concerns predominate among businesses in the region
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Singapore: Almost 50% of drivers feel less safe on the road
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While 81% of drivers surveyed think that Singapore's roads are "quite safe" or " very safe", almost half (48%) feel less safe driving in Singapore today compared to three years ago, according to the AXA Mobility Survey 2018 report released yesterday. This is despite the decline in the number of fatal road accidents (-20%) and accidents resulting in injuries (-4%) from 2015 to 2017, as reported by the Singapore Police Force. from Recent Posts on (eDaily) https://ift.tt/2FH9cHD
Taiwan: Limit re-imposed on insurers' Formosa bond investments
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New Zealand: Insurers to stop overseas junkets for advisers
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Indonesia: New board of mutual life insurer says claim payments are top priority
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Arthur J. Gallagher Acquires Buckman-Mitchell in California
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Arthur J. Gallagher & Co. has acquired Buckman-Mitchell Inc., with offices in Visalia and Fresno, Calif. Terms of the deal were not disclosed. Clifford Dunbar, Judy Fussel, Brent Swanson, Todd Williams, Stephan Chrisman, Linda Loflin and their associates will continue … from News – Insurance Journal https://ift.tt/2r5vp88
XL Insurance to Cut Coal Industry Business Under Parent AXA’s Climate Order
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AXA, France’s biggest insurer, has extended its climate change policy to its recently acquired XL division, joining a growing list of European insurers that have taken action to help to tackle global warming. AXA, Europe’s second largest insurer after Allianz, … from News – Insurance Journal https://ift.tt/2Bzko52
Texas Food Manufacturer Recalls Pork Rolls in Listeria Outbreak
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Authorities have traced a multi-state listeria outbreak which has hospitalized four people to a Houston-based Vietnamese food manufacturer. The U.S. Department of Agriculture said Long Phung Food Products issued a recall for seven types of pork rolls that have been … from News – Insurance Journal https://ift.tt/2FIxHo1
Study Looks at Multiple Landslides in Minnesota
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A study has determined that nearly 500 landslides have happened in the Mankato area in recent years. Minnesota State University Earth Science Programs Director Phillip Larson with the help of students mapped out the area’s ravines, bluffs, nooks and crannies … from News – Insurance Journal https://ift.tt/2AnLQ48
Records Show Woman Admitted Setting Iowa Fires for Insurance Money
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A woman has been accused of setting two fires in Cedar Rapids, Iowa. Linn County court records say 48-year-old Carolyn Mittman is charged with two counts of arson. Her attorney didn’t immediately return a call from The Associated Press. Mittman’s … from News – Insurance Journal https://ift.tt/2RgT5Sn
AI Enhances Highway Safety in Las Vegas
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Artificial intelligence is helping improve safety along a stretch of Las Vegas’ busiest highway. The Nevada Highway Patrol says a yearlong partnership between public safety agencies and a startup technology firm resulted in a 17 percent reduction in crashes along … from News – Insurance Journal https://ift.tt/2P4Yf1V
Utah Lawmakers Draft Bill on Marijuana, Set for Consideration
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Utah lawmakers and others involved in forging legislation to revise a voter-approved medical marijuana law say they’ve settled on a new version for consideration during an anticipated December special session. The Utah Medical Cannabis Act set to be discussed during … from News – Insurance Journal https://ift.tt/2r41MUC
Wildfire Relief for PG&E in California May Not Include Fix Utility Wants
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Insurance Cares: Guide sets out how insurance can help dementia patients
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Lawsuit Filed Against Operators of Limo in Fatal New York Crash
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Mass. Pot Shops May Be Open, but Workers Can Still Be Fired Over Weed
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The long-awaited opening of the first recreational marijuana stores in Massachusetts was cheered by cannabis enthusiasts and entrepreneurs, but it doesn’t change the reality that workers can be fired or face disciplinary action from employers for marijuana, even when they … from News – Insurance Journal https://ift.tt/2TKTmPj
Frenkel & Company Hires Power as a Principal in New York
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How to grow a start-up: Flexible working, investing in staff and team bonding are crucial, say these entrepreneurs
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Getting up and running is the easy bit for a budding entrepreneur – but finding the right strategy on how to grow a start-up is a step too The post How to grow a start-up: Flexible working, investing in staff and team bonding are crucial, say these entrepreneurs appeared first on Compelo - latest news, features and insight on influencers and innovators within business . from Compelo – latest news, features and insight on influencers and innovators within business https://ift.tt/2Sg3Cxx
Wells Fargo Seeks to Limit Payout for Faulty Auto Insurance Plan
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Employers Mutual Looks to Acquire Outstanding Stock of EMC Group
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Employers Mutual Casualty Co. has proposed to purchase all the outstanding common stock of its affiliate EMC Insurance Group Inc. As the parent company, Employers Mutual Casualty currently owns approximately 55 percent of the outstanding shares of EMC Insurance Group’s … from News – Insurance Journal https://ift.tt/2DYQcCW
BHP Readies for Largest English Group Lawsuit over 2015 Brazil Mine Disaster
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Mining giant BHP says it will fight an unprecedented English lawsuit filed by hundreds of thousands of Brazilians for multi-billion pound damages over Brazil’s worst environmental disaster. SPG Law, a British offshoot of a U.S. litigator, represents 240,000 individuals in … from News – Insurance Journal https://ift.tt/2Sj1x3Z
Aon Launches Intangible Asset Cover for Gig Economy Companies
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Global Property, Mortality Protection Gap Hits $500B: Swiss Re
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Households and businesses face a $500 billion global property and mortality protection gap, according to Swiss Re’s latest sigma study. Swiss Re’s report said that the figure illustrates increasing risk vulnerabilities emerging around the world but also presents an opportunity … from News – Insurance Journal https://ift.tt/2DMXloK
EU Leaders Approve Brexit Treaty, Which Faces Opposition in UK Parliament
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Allianz Extends Contract of CEO Oliver Baete
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The supervisory board of Allianz SE has decided to extend Oliver Baete’s contract as chairman of the board of management until September 2024. The original contract was to expire end of September 2019. “Under Mr. Baete’s leadership, Allianz has developed … from News – Insurance Journal https://ift.tt/2BwUm2h
A.M. Best: National Farmers Union Property and Casualty Ratings Under Review
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A.M. Best has placed under review with negative implications the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Rating of “a+” of National Farmers Union Property and Casualty Co. (NFU P&C) in Sun Prairie, Wisconsin. These … from News – Insurance Journal https://ift.tt/2QeWKDd
North Carolina School System, Insurer Settle for $1.5M With Woman Who Lost Leg in Fall
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Meet the founder of RISE – who’s bringing AI stock trading to the every-man
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RISE is a new AI stock trading platform that’s helping the public invest like the professionals. Formed in 2012, the company claims to be democratising stock trading by The post Meet the founder of RISE – who’s bringing AI stock trading to the every-man appeared first on Compelo - latest news, features and insight on influencers and innovators within business . from Compelo – latest news, features and insight on influencers and innovators within business https://ift.tt/2DXsuqr
The growth of Huawei: How Chinese brand became world’s second largest smartphone manufacturer
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The growth of Huawei appears to have come out of nowhere for Westerners – and while “overnight successes” are a myth, the Chinese electronics giant may be as The post The growth of Huawei: How Chinese brand became world’s second largest smartphone manufacturer appeared first on Compelo - latest news, features and insight on influencers and innovators within business . from Compelo – latest news, features and insight on influencers and innovators within business https://ift.tt/2DJOaFI
Sears Investors Allege Improper Moves by Credit Insurance Seller Cyrus
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Investors who bought insurance meant to mitigate losses from Sears Holdings Corp.’s bankruptcy proceedings are claiming that a hedge fund that sold the insurance is improperly influencing market proceedings, according to a letter seen by Reuters. According to the letter, … from News – Insurance Journal https://ift.tt/2Byj4j7
Florida County Hit Hard by Michael Takes Out $50M Bond for Recovery
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China: Allianz receives nod to prepare for 1st 100% foreign-owned insurance holding co
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Malaysia: Social health insurance scheme expanded to cover 36 critical illnesses
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India: Employers look at employees' emotional & financial well-being
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Employers in India are beginning to take a more holistic view of employee health and wellness, going beyond physical wellbeing to include emotional and financial, according to the India Health and Wellbeing Study 2018 conducted by Willis Towers Watson, a global advisory, broking and solutions company. from Recent Posts on (eDaily) https://ift.tt/2R7zwfk
Japan: Major insurer to use satellite images for flood loss assessment
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Australia: Insurers pay out millions on projects of collapsed engineering group
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Solar farm developers that hired Sydney-headquartered engineering group RCR Tomlinson are calling on the company's bank guarantees and insurance bonds, potentially forcing banks and insurers to pay out tens of millions of dollars, after the engineering group went into administration last week, reports The Australian Financial Review. from Recent Posts on (eDaily) https://ift.tt/2RcUoC1
Report by 13 U.S. Agencies Warns of Dire Economic Effects from Climate Change
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Climate change will cost the U.S. economy hundreds of billions of dollars by the end of the century, hitting everything from health to infrastructure, according to a government report issued on Friday that the White House called inaccurate. The congressionally … from News – Insurance Journal https://ift.tt/2DVaKfv
Judge Nixes U.S. Suit Against Malaysia Airlines, Insure Allianz Over Plane Disappearance
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A U.S. judge has dismissed nationwide litigation over the disappearance of Malaysia Airlines Flight MH370 in which victims’ families sought to hold the carrier, its insurer Allianz SE and Boeing Co. liable for the still-unexplained disaster. U.S. District Judge Ketanji … from News – Insurance Journal https://ift.tt/2ShiRq3
A bad year for retailers: High street shop closures in 2018
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As customers demand an increasingly online experience, physical retail outlets have suffered – with an ever-growing number of high street shop closures in 2018. Investigating the downward spiral, The post A bad year for retailers: High street shop closures in 2018 appeared first on Compelo - latest news, features and insight on influencers and innovators within business . from Compelo – latest news, features and insight on influencers and innovators within business https://ift.tt/2RdILed
Digital transformation examples: Five companies making the most of technology
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Embracing the latest technology will be the New Year’s resolution for many businesses in 2019 – and finding digital transformation examples can provide the inspiration they need. As customers The post Digital transformation examples: Five companies making the most of technology appeared first on Compelo - latest news, features and insight on influencers and innovators within business . from Compelo – latest news, features and insight on influencers and innovators within business https://ift.tt/2R7rgfq
Biba repeats call that brokers should prepare for no deal Brexit
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GripAble: The mobile video game for stroke rehabilitation
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Physical therapy equipment has remained unchanged for decades – but now a tech start-up has created a mobile video game for stroke rehabilitation. GripAble hopes to “gamify” treatment The post GripAble: The mobile video game for stroke rehabilitation appeared first on Compelo - latest news, features and insight on influencers and innovators within business . from Compelo – latest news, features and insight on influencers and innovators within business https://ift.tt/2OTB1fj
In Health Insurance Wastelands, Rosier Options Crop Up For 2019
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Self-driving buses and taxis to be in London and Edinburgh by 2021
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Autonomous travel remains a pipe dream for most but the UK is aiming to change that with self-driving buses and taxis set to arrive in London and Edinburgh The post Self-driving buses and taxis to be in London and Edinburgh by 2021 appeared first on Compelo - latest news, features and insight on influencers and innovators within business . from Compelo – latest news, features and insight on influencers and innovators within business https://ift.tt/2Kry30U
If UK Lawmakers Don’t Approve Draft Brexit Deal, What Comes Next?
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India: Cyber insurers stymied by lack of actuarial data
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China: Hundreds of medical centres caught for insurance fraud
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Australia: Population projected to grow by 5m to reach 30m in 11 to 15 years
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South Korea: Life planners' jobs in the balance with mandatory employment insurance
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Philippines: Govt eyes national risk evaluation & management system
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The Philippine government wants to create a national system where various state entities, down to local government units (LGUs), can rely on a rational structure to evaluate risks and access resources for risk protection and management through a public asset insurance programme, Finance Secretary Carlos Dominguez III has said. from Recent Posts on (eDaily) https://ift.tt/2R7b2TF
‘We need to make technology in the NHS work more like the web’, says chief tech advisor for health
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The UK Health Secretary’s chief tech advisor has called for an update to technology in the NHS. Hadley Beeman, who works under MP Matt Hancock, believes public healthcare The post ‘We need to make technology in the NHS work more like the web’, says chief tech advisor for health appeared first on Compelo - latest news, features and insight on influencers and innovators within business . from Compelo – latest news, features and insight on influencers and innovators within business https://ift.tt/2qZ0xWS
Sacha Romanovitch on how to make a fairer and more effective type of capitalism
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Sacha Romanovitch is the first woman to run a big City accountancy firm – and now she’s shared her insight on how to create a better operating system The post Sacha Romanovitch on how to make a fairer and more effective type of capitalism appeared first on Compelo - latest news, features and insight on influencers and innovators within business . from Compelo – latest news, features and insight on influencers and innovators within business https://ift.tt/2DAUQ90
AR and VR in healthcare: Five ways immersive tech is saving and transforming lives
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From training surgeons to helping patients nearing the end of their lives tick off items on their bucket list, the use of AR and VR in healthcare could The post AR and VR in healthcare: Five ways immersive tech is saving and transforming lives appeared first on Compelo - latest news, features and insight on influencers and innovators within business . from Compelo – latest news, features and insight on influencers and innovators within business https://ift.tt/2FyUgLx
Factbox: Key Elements of EU-UK Draft Deal Encompassing Post-Brexit Ties
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EU, UK Agree Draft Text for Post-Brexit Ties in Time for Upcoming Summit
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SCOR Launches Paris-Based P/C Specialty Insurer to Ensure Post-Brexit Continuity
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How Dell and McLaren are using digital transformation to beat the challenge from digital disruptors
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The fastest-growing businesses in the UK all have one thing in common – they have digital strategies ingrained in their DNA. But how can established companies beat the The post How Dell and McLaren are using digital transformation to beat the challenge from digital disruptors appeared first on Compelo - latest news, features and insight on influencers and innovators within business . from Compelo – latest news, features and insight on influencers and innovators within business https://ift.tt/2zlNkfx
NIG stakes claim for market first with new broker apprenticeship scheme
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China: 5 govt agencies urge insurers and other finanical firms to invest in debt-to-equity plans
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Five government agencies are urging insurers, private equity investment funds, foreign-funded institutions and other financial institutions to invest in debt-to-equity plans, as the authorities renew their efforts to ease pressure on companies struggling with debt. from Recent Posts on (eDaily) https://ift.tt/2PMZHLX
India: Data is "the new oil" for insurers
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Prevention-led insurance products will be the future market driver in India, instead of protection-led policies, according to .Mr Peter Manchester, EMEIA Financial Services Office Insurance Leader at the international professional services firm, EY. from Recent Posts on (eDaily) https://ift.tt/2R3P8k0
South Korea: Investment reclassification interferes with capital metrics
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Japan: Govt mulls health insurance criteria for overseas dependents of expats
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Australia: 1 in 3 Aussies worry about ability to retire
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How Babylon is creating the future of primary healthcare with an AI virtual doctor
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Digital healthcare company Babylon has created a virtual doctor app that means initial health consultations can be held by speaking to a smartphone or voice assistant bot It The post How Babylon is creating the future of primary healthcare with an AI virtual doctor appeared first on Compelo - latest news, features and insight on influencers and innovators within business . from Compelo – latest news, features and insight on influencers and innovators within business https://ift.tt/2QjrRxz
Researchers: Houston Skyscrapers Slowed Hurricane Harvey, Causing More Rain
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Louisiana to Get Another $164 Million in BP Oil Spill Restoration Grants
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Louisiana Posts 13 Straight Months of Job Gains
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Seasonally adjusted data released by the Bureau of Labor and Statistics shows that seasonally adjusted nonfarm employment in Louisiana increased by 19,400 jobs to 1,989,700 since October 2017. According to the Louisiana Workforce Commission (LWC), seasonally adjusted nonfarm jobs have … from News – Insurance Journal https://ift.tt/2A9KYQl
Ohio State Researchers: Road Design Impacts Frequency of Distracted Driving Crashes
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A new study from The Ohio State University’s Risk Institute reveals road design modifications can reduce the frequency and severity of distracted driving crashes. According to the Property Casualty Insurers Association of America (PCI), which funded The Risk Institute’s study, … from News – Insurance Journal https://ift.tt/2qX0B9D
Pilot, Paramedic, Nurse Killed in North Dakota Air Ambulance Crash
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InsurTech Futures: Aviva takes majority stake in Neos
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Chief operating officer Shirine Khoury-Haq to leave Lloyd's
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Navajo Nation President Extends Crop Insurance Amid New Mexico Drought
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Outgoing Navajo Nation President Russell Begaye has extended the tribe’s crop insurance amid ongoing extreme drought conditions. The Gallup Independent reports Begaye signed the insurance contract earlier this month. He says it will protect the tribe’s pastures, rangelands and forage … from News – Insurance Journal https://ift.tt/2PKnpIm
Earthquake Confirmed in Washington’s Olympic Peninsula
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A magnitude 4.1 earthquake has shaken an area beneath Olympic National Park south of Port Angeles, the U.S. Geological Survey has confirmed. The USGS reported the earthquake hit just after 3 a.m. Monday. There were no immediate reports of damage. … from News – Insurance Journal https://ift.tt/2R0tCfX
First ever drone standards to create lucrative market and solve economic challenges, says regulator
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The world’s first drone standards are being introduced today in a bid to provide assurance on the safety, security and “etiquette” of their use. International Standards Organisation (ISO) The post First ever drone standards to create lucrative market and solve economic challenges, says regulator appeared first on Compelo - latest news, features and insight on influencers and innovators within business . from Compelo – latest news, features and insight on influencers and innovators within business https://ift.tt/2FALjS8
Chubb Partners with Conservation Group on Flood Protection in Miami
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Chubb announced that it is partnering with The Nature Conservancy, the world’s largest conservation organization, to work together in Miami to reduce the risk from storm impacts and rising sea levels on the vulnerable coastline. The collaboration, funded by a … from News – Insurance Journal https://ift.tt/2DARnav
EPA Warns on Chemical Found in Nonstick Coatings
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Long-term exposure to a chemical compound currently used for making nonstick coatings appears to be dangerous, even in minute amounts, according to draft findings released by the Environmental Protection Agency. It was the first time EPA weighed in on newer, … from News – Insurance Journal https://ift.tt/2KmdToZ
Generali Earmarks €4 Billion ($4.6 Billion) for Acquisitions, Growth
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NFL Hands Off $35 Million to Concussion Researchers
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The National Football League is awarding more than $35 million in funding to five organizations conducting research into diagnosis and treatment of brain injuries. Through its Scientific Advisory Board established as part of its “Play Smart. Play Safe” initiative, the … from News – Insurance Journal https://ift.tt/2ziqfKn
How to enter new markets: Experts share insight on international expansion
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Entering new markets is an inevitable process for any business looking to go global, and now five experts have offered their insight on international expansion. Speaking at the The post How to enter new markets: Experts share insight on international expansion appeared first on Compelo - latest news, features and insight on influencers and innovators within business . from Compelo – latest news, features and insight on influencers and innovators within business https://ift.tt/2AaLfm1
Lloyd’s Chief Operating Officer Khoury-Haq to Leave the Corporation
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Lloyd’s of London announced that its chief operating officer, Shirine Khoury-Haq, has decided to leave the corporation, after nearly five years. Khoury-Haq joined Lloyd’s in 2014 and is a member of Lloyd’s executive committee. Her responsibilities include global operations, information … from News – Insurance Journal https://ift.tt/2A8W7kt
First wireless charging system for trains to launch on South Western Rail
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The first wireless charging system for trains is set to launch in the UK on the South Western Railway Routes from London Waterloo, Bournemouth and Weymouth this month. The post First wireless charging system for trains to launch on South Western Rail appeared first on Compelo - latest news, features and insight on influencers and innovators within business . from Compelo – latest news, features and insight on influencers and innovators within business https://ift.tt/2KrnZoQ
Mass. Appeals Court Rules Medical Device Manufacturer Illegally Fired Employee
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A Massachusetts Appeals Court has ruled that Dielectrics, a Massachusetts-based medical device manufacturer, illegally fired Ileana Bermudez after she collected workers’ compensation benefits and filed a lawsuit against the company. The case, Ileana Bermudez vs. Dielectrics, Inc., came about after … from News – Insurance Journal https://ift.tt/2Ttqqvb
Attention, Marketplace Shoppers: Don’t Delay On 2019 Enrollment
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S.C. Department of Insurance Director Farmer Named President-Elect at NAIC
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South Carolina Department of Insurance Director Ray Farmer was elected to the position of president-elect at the NAIC (National Association of Insurance Commissioners) Fall National Meeting on November 18. Previously, Farmer served as secretary-treasurer and vice president at the NAIC. … from News – Insurance Journal https://ift.tt/2DOefnT
UK Companies’ Role in Danske Money Laundering a ‘Disgrace,’ Says Whistleblower
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British company structures which hide the identity of their beneficiaries are a “disgrace,” the whistleblower who brought to light an alleged 200 billion euro ($228 billion) money laundering scandal involving Danske Bank said. Howard Wilkinson, who headed Danske Bank’s Baltics … from News – Insurance Journal https://ift.tt/2r6efHL
Family of Girl Electrocuted at MGM Resort in Maryland Plans to Sue
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U.S. Senate Committee Holding Hearing on Massachusetts Natural Gas Incident
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U.S. senators are holding a hearing in Lawrence, Mass., to review the response to the September natural gas explosions that rocked Merrimack Valley communities. The Senate Committee on Commerce, Science, and Transportation will hold its oversight hearing at the South … from News – Insurance Journal https://ift.tt/2zkIE9v
One Man Killed, Another Injured in North Georgia Plane Crash
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More UK companies should be worried about digital disruption according to Dell VP
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Only 22% of companies in the UK are worried about the consequences of not keeping pace with digital developments in their industry, according to the latest Digital Transformation The post More UK companies should be worried about digital disruption according to Dell VP appeared first on Compelo - latest news, features and insight on influencers and innovators within business . from Compelo – latest news, features and insight on influencers and innovators within business https://ift.tt/2FAKSHm
A.M. Best Discusses What’s Ahead for UK Insurers as Brexit Deadline Looms
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Aon Taps Jones from Guy Carpenter as Exec. Chairman, Asia Reinsurance Solutions
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Aon plc has appointed Richard Jones as executive chairman of its Reinsurance Solutions business in Asia. Jones will be responsible for business development and supporting clients across the Asia region. Based in Singapore, Jones will join Aon in May 2019 … from News – Insurance Journal https://ift.tt/2qWtfaT
UK Companies Prepare for Disorderly Brexit and Supply Chain Disruptions
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British companies selling everything from washing machines to flights, food and mortgages plan to spend tens of millions of pounds in case the political brinkmanship gripping the country leads to a disorderly Brexit. With barely four months until the world’s … from News – Insurance Journal https://ift.tt/2qZnr0u
JLT Re’s Chairman Howard Named Vice Chairman of Guy Carpenter
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Guy Carpenter & Co., the global risk and reinsurance specialist and a wholly owned subsidiary of Marsh & McLennan Cos. (MMC), announced a new leadership appointment from Jardine Lloyd Thompson Group plc (JLT). Effective upon closing of the transaction between … from News – Insurance Journal https://ift.tt/2R1XBEk
Healthier Workplaces Help to Reduce Group Insurance Costs: Canada’s Manulife
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A.M. Best Upgrades Credit Ratings of Kansas’ Upland Mutual Insurance
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How to get more women in tech, by Tech Talent Charter CEO Debbie Forster MBE
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“It allows women to be creative, innovative and at the heart of what’s coming into the world. “Rather than just being a passenger and consumer of what’s next The post How to get more women in tech, by Tech Talent Charter CEO Debbie Forster MBE appeared first on Compelo - latest news, features and insight on influencers and innovators within business . from Compelo – latest news, features and insight on influencers and innovators within business https://ift.tt/2AbsPBw
Judge Picks First Case for Trial in Federal Monsanto Weedkiller Litigation
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A U.S. judge overseeing the federal litigation against Bayer AG’s Monsanto unit over glyphosate-based weed-killers allegedly causing cancer on Tuesday selected the first case to be tried in federal court in February 2019. U.S. District Judge Vince Chaabria in San … from News – Insurance Journal https://ift.tt/2FwdSjD
Beach Town Developers Now Believe in Stronger Building Codes, Construction
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Santander Bank to Pay $11.8 Million to Settle Auto Loan, Insurance Claims
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Santander Consumer USA Holdings Inc., a leading subprime auto lender, will pay $11.8 million to settle claims that it misled customers about the cost and terms of auto loans and insurance, a U.S. consumer watchdog said on Tuesday. Santander Consumer, … from News – Insurance Journal https://ift.tt/2FtXuA2
Court: Travelers Insurer Off the Hook in Florida Hotel Chain Data Breach Suit
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A U.S District Court in Florida’s ruling could have wide-reaching effects with respect to an insurer’s duty to defend commercial general liability policyholders in data breach cases resulting from the acts of third parties. The Sept. 28 decision came in … from News – Insurance Journal https://ift.tt/2OVXdp9
Gallagher Affinity Launches Online Cyber Suite for Small, Midsize Federal Contractors
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Gallagher Affinity and Secure CyberID, a provider of cybersecurity services, have launched an online, discounted suite of cybersecurity products for small to mid-sized companies under contract with the federal government. The 360 Coverage Pros portal is designed to meet the … from News – Insurance Journal https://ift.tt/2Qc4BkT
A.M. Best: Insurers Have Limited Exposure to PG&E Volatility from California Wildfires
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Roughly one-in-10 insurers have exposures to PG&E bonds, which could potentially used to payout on losses from the California wildfires, according to a daily briefing from A.M. Best. It was recently determined that a second power line of PG&E Corp. … from News – Insurance Journal https://ift.tt/2Fy7fNA
Global: Modest real growth of 3% p.a. expected in global insurance premium in 2019-20
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China: Swiss Re sigma report sees significant decline in life premiums this year
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Part-year data indicate that there will be a substantial contraction (-1.8%) in life premiums in China in 2018, due mostly to tighter regulation of wealth management product (WMP) types since the beginning of the year, says Swiss Re Institute in a new sigma report. from Recent Posts on (eDaily) https://ift.tt/2PKlqUv
Global: S&P urges IFRS17 deferral be used in preparation, not more talk
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The proposed postponement of the implementation deadline for International Financial Reporting Standard 17 (IFRS17) to January 2022 from January 2021 will allow insurers more time to prepare, ensuring there is no impairment of information quality, says S&P Global Ratings. from Recent Posts on (eDaily) https://ift.tt/2QXdKef
India: Pension regulator eyes higher payouts in govt scheme
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Pension fund regulator, Pension Fund Regulatory and Development Authority,, (PFRDA) is carrying out an actuarial valuation of its portfolio to gauge the feasibility of raising the pension limit to up to INR10,000 ($140) per month under the Atal Pension Yojana (APY), a top official has said. from Recent Posts on (eDaily) https://ift.tt/2PHQeFA
Australia: Most say insurers should stop asking about genetic tests
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Alera Group Acquires Orion Risk Management Insurance Services in California
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Alera Group has acquired Orion Risk Management Insurance Services. Terms of the deal were not disclosed. Orion is a commercial insurance broker and risk management firm with three locations throughout Southern California. Deerfield, Ill.-based Alera Group provides employee benefits, property/casualty, … from News – Insurance Journal https://ift.tt/2DMKbt1
Minnesota Workplace Injury Rate Fell to an All-Time Low in 2017
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Minnesota’s Department of Labor and Industry (DLI) in early November reported that the state’s estimated workplace injury and illness rate for 2017 is the lowest rate since the measurement started in 1973. According to the annual Survey of Occupational Injuries … from News – Insurance Journal https://ift.tt/2qXXJcu
Bank of England Pressures EU to Deliver No-Deal Brexit Fix for Financial System
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Willis Towers Watson Announces Ganzi Will Succeed McCann as Board Chairman
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George Osborne on UK fintech post-Brexit at LendIt Fintech Europe 2018
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George Osborne might not be involved in frontline politics anymore – but he has delivered his verdict on UK fintech post-Brexit. Giving a talk at the Lendit Fintech The post George Osborne on UK fintech post-Brexit at LendIt Fintech Europe 2018 appeared first on Compelo - latest news, features and insight on influencers and innovators within business . from Compelo – latest news, features and insight on influencers and innovators within business https://ift.tt/2DycTwB