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Showing posts from September, 2019

Watch Out Insurtechs: Nationwide Readies Own Digital Auto Insurance Platform

Nationwide plans on striking hard against digital insurer upstart competitors with the debut of Spire, a digital auto insurance platform with an eye on millennial customers. Spire, which will be rolled out in the 2019 fourth quarter, centers around the … from News – Insurance Journal https://ift.tt/2o6CqaM

How Restaurant Employees Who Steal Learn From Their Peers

Plenty of workplace research shows that people with helpful, mentoring colleagues tend to be helpful and perform better themselves. Few researchers have looked at whether bad behavior spreads among workplace colleagues. But now, three researchers from Olin Business School at … from News – Insurance Journal https://ift.tt/2o0o8IH

At $20K a Year, Health Insurance Costs Undermine Job-Based Health Insurance

The cost of family health coverage in the U.S. now tops $20,000, an annual survey of employers found, a record high that has pushed an increasing number of American workers into plans that cover less or cost more, or force … from News – Insurance Journal https://ift.tt/2oPBVSH

Wildfire Risk in Georgia Increasing Amid Southern Drought

The ongoing drought has made outdoor burning in Georgia more dangerous than previous years, state officials said. In the past three months, the Georgia Forestry Commission says firefighters have responded to – on average – about 41% more fires. Drought … from News – Insurance Journal https://ift.tt/2oQ4dwp

North Carolina Jury Awards $8.3M in Excessive Force Suit

A North Carolina jury has ordered three law enforcement officials to pay $8.3 million for violating a man’s civil rights when they beat and shot him while he was driving on his own property six years ago. WRAL-TV reports the … from News – Insurance Journal https://ift.tt/2o3b5pJ

Study Examines California Workers’ Comp Hospital Inpatient Stays

The number of California workers’ compensation inpatient hospital stays fell 1.9 percent between 2017 and 2018, for a net decline of nearly 31 percent since 2010, a new study shows. A study from the California Workers’ Compensation Institute traces much … from News – Insurance Journal https://ift.tt/2oG34Yl

RSA boss in the running to become HSBC CEO - report

The Sunday Times reports that RSA group CEO Stephen Hester is on the shortlist as HSBC searches for a new leader. from Insurer - insuranceage.co.uk https://ift.tt/2nb1GMP

Former California Insurance Agent Arrested for Grand Theft

Ex-insurance agent Yolanda De La Torre, 35, of Whittier, Calif., was arrested on Friday on one felony count of grand theft and one felony count of identity theft after allegedly collecting over $13,000 in insurance payments from 10 clients and … from News – Insurance Journal https://ift.tt/2n7zcUa

EagleView Wins $125M Patent Infringement Award Against Verisk

A New Jersey jury last week ordered insurance data services firm Verisk to pay $125 million to aerial imaging firm EagleView for lost profits linked to Verisk infringing on various EagleView patents. The jury verdict in the U.S. District Court … from News – Insurance Journal https://ift.tt/2n6v8n6

Disappointment as Scottish discount rate to remain at -0.75%

Lawyers warn that the lower rate in Scotland can cause delays and lead to higher costs for Scottish taxpayers after the rate in England and Wales was changed to -0.25% in July. from Insurer - insuranceage.co.uk https://ift.tt/2nR4zm0

New York Court Denies Industry Request to Delay E-Cigarette Ban

A state judge has denied the vaping industry’s request to delay a New York emergency ban on flavored e-cigarette sales. Acting state Supreme Court Justice Gerald Connolly on Friday refused to issue a temporary restraining order on the regulations approved … from News – Insurance Journal https://ift.tt/2n5i41a

London Market’s Early Modernization Program, LM TOM, Is Being Wound Down

The Board of the London Market Group (LMG) announced that the London Market Target Operating Model (LM TOM) has been wound down in its current form, having delivered the majority of proposed solutions and are now in “run” mode, being … from News – Insurance Journal https://ift.tt/2mlon0r

Massachusetts Man Indicted for $45K Insurance Fraud Scheme

A Salem, Mass., man was indicted in connection with a scheme to set up a shell company to fraudulently collect benefits under a long-term care insurance policy, Massachusetts Attorney General Maura Healey announced. Benjamin Johnson, 47, was indicted by a … from News – Insurance Journal https://ift.tt/2nPHVuj

Massachusetts’ EverQuote Hires Watt as Senior VP of Distribution Services

EverQuote Inc., a Cambridge, Mass.-headquartered, online insurance marketplace in the U.S., has hired Jay Watt as senior vice president of Distribution Services. In this role, Watt will focus on growing EverQuote’s marketplace and launching products to connect more insurance shoppers … from News – Insurance Journal https://ift.tt/2nWWiN6

Risk Strategies Acquires New York’s Bedrick-Kaitz Agency

Risk Strategies, a privately held, national insurance brokerage and risk management firm, has acquired Bedrick-Kaitz Agency Inc. (BKA), a New York City-based firm focused on helping high-net-worth individuals and businesses throughout the country protect their assets. Terms of the deal … from News – Insurance Journal https://ift.tt/2mf6VKO

Swizerland’s Helvetia to Begin Underwriting Worldwide Aviation Insurance in October

Helvetia Specialty Lines CH & International announced it will begin writing aviation insurance in October. Helvetia’s aviation team will offer worldwide insurance coverage for passenger liability, third-party liability and comprehensive cover. Helvetia said it is concentrating on worldwide major accounts … from News – Insurance Journal https://ift.tt/2nNmaLv

Update on Lawsuits Targeting Vaping; Litigation Expected to Grow

Several deaths and potentially hundreds of illnesses tied to e-cigarettes, which allow users to inhale nicotine vapor, often flavored, without smoking, have been reported by U.S. health agency. Lawsuits on behalf of young consumers have been filed against e-cigarette maker … from News – Insurance Journal https://ift.tt/2mhA8VD

Insured Losses from Typhoon Faxai Estimated at US$5 Billion to US$9 Billion: RMS

RMS, the Newark, Calif.-based risk modeling and analytics firm, has estimated that the insured loss from Typhoon Faxai will be between $5.0 and $9.0 billion (¥ 500 to ¥950 billion). This estimate includes property damage and business interruption caused by … from News – Insurance Journal https://ift.tt/2mTHlvu

Inga Beale "not surprised" by Lloyd's culture survey results

In an interview with City AM, the former Lloyd's CEO described the insurance industry as "old-fashioned", with alcohol remaining an issue despite the booze ban on Lloyd's employees. from Insurer - insuranceage.co.uk https://ift.tt/2mT5H8F

U.K. Embraces E-cigarettes, as U.S. Scrambles to Crack Down on Vaping

While the U.S. scrambles to crack down on vaping, Britain has embraced electronic cigarettes as a powerful tool to help smokers kick the habit. The Royal College of Physicians explicitly tells doctors to promote e-cigarettes “as widely as possible” to … from News – Insurance Journal https://ift.tt/2osdqL1

Turnover and profits up at Eldon in 2018

The firm's broking businesses reported growth in income to £68.9m. from Insurer - insuranceage.co.uk https://ift.tt/2mSpKEb

Here’s How EU Officials Rate Chances of Brexit Deal – as Deadline Looms

It’s endgame time (again) on Brexit. A month before the U.K.’s scheduled departure, it seems to be anyone’s guess whether Prime Minister Boris Johnson will get a revised divorce deal with the European Union, ask for another postponement or defy … from News – Insurance Journal https://ift.tt/2n0BODd

Wholesale Broker H.W. Kaufman Buys U.K. MGA and Cyber Specialist Node International

H.W. Kaufman Group, the Farmington Hills, Mich.-based wholesale broker and managing general agent, announced the acquisition of Node International, a U.K. managing general agent that specializes in cyber risk and technology-related insurance solutions. Financial details of the transaction were not … from News – Insurance Journal https://ift.tt/2n0Fx3I

Her Biopsy Report Was Benign. But The Bill Is A Spot Of Contention.

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Brianna Snitchler was just figuring out the art of adulting when she scheduled a biopsy at Henry Ford Hospital in Detroit. Send Us Your Medical Bill Do you have an exorbitant or baffling medical bill? Join the KHN and NPR ‘Bill of the Month’ Club and tell us about your experience. We’ll feature a new one each month. Submit Your Bill Snitchler was on top of her finances: Her student loan balance was down and her credit score was up. “I had been working for the past three years trying to improve my credit and, you know, just become a functioning adult human being,” Snitchler, 27, said. For the first time in her adult life, she had health insurance through her job and a primary care doctor she liked. Together they were working on Snitchler’s concerns about her mental and physical health. One concern was a cyst on her abdomen. The growth was about the size of a quarter, and it didn’t hurt or particularly worry Snitchler. But it did make her self-conscious whenever she went ...

How Early Signs of Lung Effects of Vaping Were Missed and Downplayed

Scientists, regulators and e-cigarette proponents missed, ignored or downplayed signs that vaping could significantly damage the lungs for nearly a decade, a review of medical literature, government documents and interviews with doctors shows. At least 15 incidents of lung injuries … from News – Insurance Journal https://ift.tt/2om2LS2

Strong E&S Premium Growth in Response to Weak Results; Top 15 E&S Writers: Fitch

Direct written premiums in the U.S. excess and surplus (E&S) lines market during 2018 grew at its greatest rate since 2012, increasing 11% and representing the eighth consecutive year of premium growth, according to Fitch Ratings. The trend continued its … from News – Insurance Journal https://ift.tt/2nQoQb5

Trump Signs Stopgap Funding for Government That Includes Flood Program

President Donald Trump has signed a continuing resolution that will avoid a federal government shutdown by funding the government at current levels until Nov. 21. The Republican-led Senate voted 82-15 in favor the temporary funding resolution last Thursday after the … from News – Insurance Journal https://ift.tt/2mLzfFb

smart banking

Strong House Vote Boosts Chances for Weed Banking, Analysts Say By Felice Maranz Sep 26, 2019, 8:07 AM Word Count: 651 (Bloomberg) — A stronger-than-expected 321-103 vote in the House in favor of the Secure and Fair Enforcement Banking Act, … from News – Insurance Journal https://ift.tt/2mTEwu4

EU Loses Faith in PM Johnson’s Ability to Deliver Brexit Divorce Deal by Oct. 31

The European Union is rapidly losing faith that U.K. Prime Minister Boris Johnson can deliver a divorce deal by the Oct. 31 deadline, as Brexit talks stumble. EU officials view Johnson’s inflammatory rhetoric against his opponents as a hindrance and … from News – Insurance Journal https://ift.tt/2ndtr6R

KHN Files Lawsuit To Force Feds To Disclose Medicare Advantage Audits

Kaiser Health News is suing the U.S. Centers for Medicare & Medicaid Services to release dozens of audits that the agency says reveal hundreds of millions of dollars in overcharges by Medicare Advantage health plans. The suit , filed late Thursday in U.S. District Court in San Francisco under the Freedom of Information Act, seeks copies of 90 government audits of Medicare Advantage health plans conducted for 2011, 2012 and 2013 but never made public. CMS officials have said they expect to collect $650 million in overpayments from the audits. Although the agency has disclosed the names of the health plans under scrutiny, it has not released any other details. “This action is about accountability for hundreds of millions of public dollars misspent,” said Elisabeth Rosenthal, KHN’s editor-in-chief. “The public deserves details about the overpayments, since many of these private companies are presumably still providing services to patients and we need to make sure it can’t happen ag...

Sickened By Billing Abuses, Readers And Tweeters Stand Up For Patients’ Rights

Letters to the Editor is a periodic feature. We  welcome all comments  and will publish a selection. We edit for length and clarity and require full names. Private Equity Predators? First of all, let me thank you for writing about such an important issue (“ Investors’ Deep-Pocket Push To Defend Surprise Medical Bills ,” Sept. 11). I am going to tell you about my personal pain regarding surprising medical billing. They can call themselves Doctor Patient Unity group or any other fancy name, but the reality is that they are all predators. I say this because I am the victim of these doctors groups. I work as a linguist with the U.S. Army and have top-secret clearance. I could lose my clearance if any of my bills go to a collections agency. I had appendix surgery on Nov. 6, 2018, at the Davis Medical Center in Layton, Utah. The surgeon had told me that my surgery would take only 10 to 15 minutes. After two hours of surgery, I was released from the hospital and sent home. My in...

Insurers Test New Way To Cut Maternity Care Costs: Bundling

The thrill of delivering newborns helped pull Dr. Jack Feltz into the field of obstetrics and gynecology. More than 30 years later, he still enjoys treating patients, he said. But now, Feltz is also working to change the way doctors are paid for maternity care. Feltz’s New Jersey-based practice, Lifeline Medical Associates, recently partnered with the insurer UnitedHealthcare to test a new payment model. The insurer sets a budget with the practice to pay doctors one lump sum for prenatal services, delivery and 60 days of care afterward. If the costs come in below that amount, the medical practice gets to keep some of the savings. (Hospitals aren’t a part of this contract; the insurer pays them separately for their services.) “We’ve always been taught to take care of patients as if they were our mothers and our daughters,” said Feltz, who also leads a coalition of obstetricians called the U.S. Women’s Health Alliance that advocates for high-quality, affordable care. “But now we have ...

AM Best Revises Outlooks to Positive for New Hampshire’s Concord Group

AM Best has revised the outlook to positive from stable and affirmed the financial strength rating (FSR) of A (excellent) and the long-term issuer credit ratings (ICRs) of a+ for New Hampshire-based Concord Group. “The ratings of Concord Group reflect … from News – Insurance Journal https://ift.tt/2n51PkD

Maryland’s B.F. Saul Insurance Hires Raphael as Senior Vice President

B.F. Saul Insurance Inc., a Bethesda, Md.-based insurance brokerage and risk advisory firm, hired Lanie Raphael as senior vice president on September 16, 2019. Raphael will be the practice leader for Personal Insurance Lines at B.F. Saul Insurance. Prior to … from News – Insurance Journal https://ift.tt/2nG5Dc8

Maine’s The MEMIC Group Appoints Roberts as Senior Production Underwriter

Benjamin Roberts has been appointed as a senior production underwriter by workers’ compensation specialist The MEMIC Group to support continued growth in the Vermont market. Roberts, a native of Vermont, previously worked the territory with Acadia Insurance. The MEMIC Group … from News – Insurance Journal https://ift.tt/2nbEHAE

System Change to Cause Delay in Hearing Dates for Injured Iowa Workers

Injured Iowa workers seeking benefits from their employers are waiting longer to get their hearing dates as a state agency transitions to a new filing system. Iowa Workers’ Compensation Commissioner Joseph Cortese told lawmakers in a letter on Sept. 24 … from News – Insurance Journal https://ift.tt/2nJYAzj

Fire Destroys Planes at Small Airport in North Texas

Emergency officials say several airplanes have been destroyed in a hangar fire at a small airport in North Texas. Fire officials say no one was hurt in a blaze at Caddo Mills Municipal Airport, about 35 miles (56.32 kilometers) northeast … from News – Insurance Journal https://ift.tt/2mbC3eh

U.S. Private Flood Insurance: The Journey to Build a New Market

Not long ago, private flood insurance was thought to be an impossible dream in the property/casualty sector. There were numerous arguments supporting the common wisdom that a meaningful market for residential flood coverage from admitted private insurers would never exist. … from News – Insurance Journal https://ift.tt/2n5PjkH

The Nitsche Group’s Castro Appointed to Board of Austin Contractors, Engineers Assoc.

Frank Castro, a producer at Giddings, Texas-based independent insurance agency, The Nitsche Group, has been elected to the Austin Contractors & Engineers Association’s (ACEA) board of directors as secretary/treasurer for the 2019-2020 fiscal year. The ACEA is a group of … from News – Insurance Journal https://ift.tt/2n5tEt3

Hotels in Nebraska City Scramble to Complete Repairs After Flooding

It’s been over two and one-half months since July 9 floodwaters inundated south Kearney’s hotel district and forced the closure of all but 600 of Kearney’s hotel rooms. Kearney Visitors Bureau Executive Director Roger Jasnoch has said there now are … from News – Insurance Journal https://ift.tt/2n8wWLQ

Insurers Balk at Study Questioning Value of Municipal Bond Insurance

Around noon one Wednesday in July, two school districts from California’s Central Valley auctioned off their bonds to Wall Street underwriters. Both had the same credit rating. The deals were of similar size. They were being issued for the same … from News – Insurance Journal https://ift.tt/2nHg3IG

Vaping Now Linked to 12 Deaths, 805 Illnesses in U.S.

U.S. health officials on Thursday reported 805 confirmed and probable cases and 12 deaths so far from a mysterious respiratory illness tied to vaping, with the outbreak showing no signs of losing steam. Last week, the U.S. Centers for Disease … from News – Insurance Journal https://ift.tt/2n5z8nt

Local Officials from Across U.S. Pressure McDonald’s on Workplace Harassment Policies

Scores of local government officials from 31 U.S. states pressured McDonald’s Corp.’s on Thursday to do a better job of protecting workers from groping, obscene comments and other forms of sexual harassment, adding their voices to an employee-led campaign that … from News – Insurance Journal https://ift.tt/2n5Bzq6

North Dakota Lawmakers Studying Pros, Cons of Recreational Pot

North Dakota lawmakers have begun studying the consequences of legalizing marijuana in the state, a move that comes amid a pair of proposed citizen-led initiatives that aim to make the drug legal for recreational use. Despite presentations from law enforcement, … from News – Insurance Journal https://ift.tt/2lABUAS

South Carolina High School Arson Case Cracked After 23 Years by Fingerprint

A 40-year-old man was charged Tuesday with burning down his South Carolina high school more than 23 years after authorities say he set books and other papers on fire in the hallways. Daniel Scott Harris, 40 left his fingerprints in … from News – Insurance Journal https://ift.tt/2n2g7T4

1 Dead, Several Sick from North Carolina Legionnaires’ Outbreak

Health officials in western North Carolina say one person has died from Legionnaires’ disease and several others have been sickened. Kim Horton is a spokeswoman for the Henderson County Department of Public Health. She tells the Citizen Times one person … from News – Insurance Journal https://ift.tt/2lvtbjf

Cyber Insurer Coalition Expands Coverage to Businesses With Up To $1B in Revenue

Coalition, an cyber insurance company focused on small- and midsize-businesses, has expanded its cyber and technology errors and omissions coverage — previously only available to companies with less than $250 million in revenue — to include middle market companies with … from News – Insurance Journal https://ift.tt/2n5msgn

McGriff, Seibels & Williams Adds Frist, Gupta to Financial Services Division in Atlanta

McGriff, Seibels & Williams has made two hires to its Financial Services Division in Atlanta. Lisa Frist has been added as a claims account executive. Frist joins McGriff with more than eight years of legal experience. Prior to joining McGriff, … from News – Insurance Journal https://ift.tt/2lvacFt

Florida City Faces $200M in Repairs to Sewage, Water Line After Hurricane Michael

The biggest city devastated by Hurricane Michael last fall has had a recent series of sewage leaks, and local officials say it will cost more than $200 million to repair its sewage and water systems. Television station WMBB reports that … from News – Insurance Journal https://ift.tt/2lXJdmp

Imelda Blamed for Mass Release of Air Pollutants in Industrialized SE Texas

Flooding caused by Tropical Storm Imelda triggered the release of about 100,000 pounds (45,000 kilograms) of toxic air pollutants from chemical plants and refineries in Southeast Texas, state environmental records show. Industrial facilities are vulnerable when struck by storms like … from News – Insurance Journal https://ift.tt/2lVEEch

House Passes SAFE Marijuana Banking Bill by Big Margin

The U.S. House advanced legislation designed to let banks do business with cannabis companies in states that permit marijuana sales, a step that some supporters see as helping to pave the way to nationwide legalization. The Secure and Fair Enforcement … from News – Insurance Journal https://ift.tt/2lUEsdj

In Person: David Martin, head of retail management, Zurich UK

Zurich's David Martin explains why he made the move from Allianz to Zurich and how brokers helped him take the leap. from Insurer - insuranceage.co.uk https://ift.tt/2mOaHe9

AXA XL, Accenture Partner to Provide Cyber-Security Services to AXA XL Clients

AXA XL and Accenture are partnering to offer global cyber-security expertise to AXA XL’s underwriters, brokers and clients to strengthen their cyber capabilities and recover from cyber attacks. AXA XL — AXA’s property & casualty (P&C) and specialty risk division … from News – Insurance Journal https://ift.tt/2lUeWon

Everest Insurance Buys Remaining Shares of Canadian IT Consulting Firm Salus Systems

Everest Insurance announced it has purchased all outstanding remaining shares of its joint venture partner, Victoria, Canada-based Salus Systems LLC. Financial details of the transaction were not disclosed. An IT consulting firm and business solutions provider, Salus was founded in … from News – Insurance Journal https://ift.tt/2mUx0i8

Tarian Underwriting unveils cyber platform

Business said the new system will make its specialist cyber cover available to regional brokers. from Insurer - insuranceage.co.uk https://ift.tt/2mO6xD2

Aviva continues management shuffle

Interim CFO Jason Windsor is appointed permanent CFO following regulatory approval amid a change that will see UK GI managing director, Rob Townend, exit. from Insurer - insuranceage.co.uk https://ift.tt/2nstR9X

Man Injured After Wall Collapses in New Hampshire Construction Accident

New Hampshire officials say a man was seriously injured after being pinned under a concrete wall in a construction accident. WMUR-TV reports Pelham fire and police officials were able to dig the unidentified man out by hand after a wall … from News – Insurance Journal https://ift.tt/2lfsXwv

Lawmaker Wants Rhode Island to Ban Flavored E-Cigarettes

A lawmaker in Rhode Island plans to introduce a bill to ban the sale of flavored e-cigarettes. Rep. Julie Casimiro says she’s planning to propose a ban after the new legislative session begins in January. She says the products need … from News – Insurance Journal https://ift.tt/2lJpiaM

Tractor Trailer Crash Forces Mandatory Evacuations in Upstate New York

About 80 homes were evacuated after a tractor trailer carrying compressed natural gas overturned on an upstate New York highway. Governor Andrew Cuomo says one person died after the trailer crashed north of Binghamton on Interstate 88 around 1 a.m. … from News – Insurance Journal https://ift.tt/2no5eeh

Federal Agency Discusses Findings in Massachusetts Natural Gas Disaster

Federal officials are discussing their findings from a yearlong investigation into last September’s natural gas explosions and fires in Massachusetts. The National Transportation Safety Board met in Washington, D.C., on Tuesday to discuss and vote on its final report about … from News – Insurance Journal https://ift.tt/2mU9vFX

Oil from Capsized Cargo Ship Found Along Georgia Coast

Authorities say oil from an overturned cargo ship has reached several parts of Georgia’s shoreline, leaving a sheen in marshes and oiled debris on beaches. State and federal authorities overseeing the cleanup say crews have been working to clean up … from News – Insurance Journal https://ift.tt/2lTK7Qz

Ocean Marine Insurers Face New Risks, Challenges in Changing Segment

Ocean marine insurance is the oldest line of insurance and today represents a small specialty line in the property/casualty insurance industry. Since those early days, marine products have evolved as risks and exposures have increased in both size and complexity. … from News – Insurance Journal https://ift.tt/2mOyk6j

ClearPath Mutual Hires Sellers as Production Underwriter in Tennessee

ClearPath Mutual Insurance Co. has appointed Kim Sellers as the company’s first production underwriter. Sellers will be based out of Burns, Tenn., and will handle agents in Kentucky and Tennessee. As production underwriter, Sellers is responsible for writing new business … from News – Insurance Journal https://ift.tt/2nq0zsr

U.N. Science Panel Warns Climate Impacts on Oceans Include Rising Seas, Dry Rivers

Scientists behind a landmark study of the links between oceans, glaciers, ice caps and the climate delivered a stark warning to the world on Wednesday: slash emissions or watch cities vanish under rising seas, rivers run dry and marine life … from News – Insurance Journal https://ift.tt/2ljjiVU

Judge Approves $54M Settlement in Duke University Hiring Lawsuit

A federal judge is closing a lawsuit that Duke University is settling over claims that it and nearby University of North Carolina conspired to hold down salaries of thousands of medical workers by not hiring staff away from each other. … from News – Insurance Journal https://ift.tt/2nkg8Sg

RCV, ACV Policy Conditions Changes Are Coming, Texas Windstorm Insurer Says

The Texas Windstorm Insurance Association is alerting agents about an important, upcoming change to the policy conditions that determine how covered losses are settled. Current law says the type of loss settlement — replacement cost value (RCV) vs. actual cash … from News – Insurance Journal https://ift.tt/2mJsTFL

Chicago-Area Police Recover $1M in Goods Taken from Rail Cars

South suburban Chicago police say they’ve arrested five men in connection with the recovery of more than $1 million in goods stolen from rail cars. Markham police said the stolen goods were found in a storage facility. They say five … from News – Insurance Journal https://ift.tt/2lhrEgI

Ohio Workers’ Comp Bureau: 8 Fraud-Related Convictions Secured in August

The Ohio Bureau of Workers’ Compensation (BWC) reported it secured eight fraud-related convictions in August, bringing 2019’s total to 63. BWC assisted in the investigation that led to the Aug. 30 sentencing of nurse practitioner Amy Wood-Kirk of Grove City … from News – Insurance Journal https://ift.tt/2nnHAi7

AM Best Report: Credit Ratings of Farm Bureaus Remain Favorable

AM Best-rated farm bureaus within the U.S. property/casualty (P/C) insurance segment have experienced steady growth in net premiums written (NPW) in the past decade, unlike their life/annuity (L/A) counterparts, which have seen more premium fluctuation, according to a new AM … from News – Insurance Journal https://ift.tt/2lQOr3a

North Carolina Health Departments’ Invesigate Legionnaires’ Outbreak at Fair

Health departments in two North Carolina counties are looking into multiple cases of Legionnaires’ disease at the North Carolina Mountain State Fair. The N.C. Department of Health and Human Services said in a news release on Tuesday that it’s working … from News – Insurance Journal https://ift.tt/2no08yM

InsureTech Connect: Insurance Industry Needs to Understand What Business It’s In

LAS VEGAS — People who buy gasoline generally don’t care for the product or enjoy the experience of pumping gas: They just want to drive. Chris Colborn, chief experience officer for the Lippincott creative consulting firm, opened with that analogy … from News – Insurance Journal https://ift.tt/2lQKlYQ

Boeing Vows New Safety Panel, Design Changes in Response to 737 Max Crashes

Boeing Co. aims to sharpen its focus on safety after the 737 Max’s grounding ends, forming a new oversight panel and recommending changes to the planemaker’s structure and design practices after two crashes that killed 346 people. The board’s new … from News – Insurance Journal https://ift.tt/2lSDQoh