April 22, 2018

Fri, 20 Apr 2018 16:49:45 +0000
Program administrator Business Risk Partners (BRP) has released an expanded professional liability form for insurance agents and brokers through Aspen American Insurance Co., part of Aspen Insurance Holdings Limited. The policy targets a range of insur...
Fri, 20 Apr 2018 16:44:20 +0000
A woman who suffered a traumatic brain injury in a thrill ride accident at last year’s Ohio State Fair will receive $1.8 million. A judge this week approved the settlement that calls for the ride’s owner, Amusements of America, and …
Fri, 20 Apr 2018 16:38:44 +0000
The Houston-area flood control district has estimated needing $155 million to study and fix damaged infrastructure after Hurricane Harvey. Workers this week are assessing the storm’s destruction to the Harris County Flood Control District’s 2,500 miles...
Fri, 20 Apr 2018 16:34:13 +0000
Firefighters are hoping higher humidity and milder winds will help them fight wildfires in Oklahoma, though conditions are critical in Arizona and New Mexico. U.S. Forest Service spokesman Todd Schroeder said on April 19 that a fire near Leedey, about …
Fri, 20 Apr 2018 16:33:32 +0000
A Florida man has been sentenced to more than a year in prison for his role in a $23 million auto insurance fraud involving chiropractors’ clinics. The SunSentinel reports 55-year-old Jason Dalley wept in court April 16 as a judge …
Fri, 20 Apr 2018 16:30:48 +0000
A school bus and a semitractor-trailer collided in Florida, slightly injuring six high school students. News outlets report the bus was carrying about 18 students when it crashed Wednesday in Brooksville, about 50 miles (80 kilometers) north of Tampa. ...
Fri, 20 Apr 2018 16:29:50 +0000
A 44-year-old Louisiana man has admitted setting nine fires in his neighborhood — the last six on his own street. Authorities say he confessed while being interviewed about the last fire, which was set in a car outside his home. …
Fri, 20 Apr 2018 16:29:11 +0000
West Virginia regulators are monitoring a damaged dam in the northern part of the state that could potentially fail. The state Department of Environmental Protection says in a news release a worker with the town of Lumberport notified authorities Wedne...
Fri, 20 Apr 2018 16:26:32 +0000
German prosecutors may widen an investigation into auto supplier Robert Bosch over its suspected involvement in emissions test cheating to include dealings with Fiat, Ford, General Motors and Hyundai, according to the Stuttgart public prosecutor’s offi...
Fri, 20 Apr 2018 16:26:02 +0000
Authorities in rural Arkansas are investigating the theft of more than $50,000 worth of equipment from a farm owned by former NBA star Scottie Pippen. Investigator Mark Griever of the Ashley County Sheriff’s Office says two tractors were stolen from …
Fri, 20 Apr 2018 16:23:53 +0000
Gov. Scott Walker’s administration filed a request with the federal government seeking a waiver that would allow Wisconsin to offer a $200 million reinsurance program designed to lower premiums and attract more providers to the private marketplace. Wal...
Fri, 20 Apr 2018 16:21:30 +0000
Congress is headed for a “major showdown” over the flood insurance program, according to an insurance broker lobbyist who notes that the program expires July 31, right in the middle of hurricane season. That also happens to be the very …
Fri, 20 Apr 2018 16:21:21 +0000
Ratings agency A.M. Best has revised the outlooks to positive from stable and affirmed the Financial Strength Rating (FSR) of B++ (Good) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “bbb+” for the members of the AmeriTrust Insurance Group …
Fri, 20 Apr 2018 15:16:28 +0000
Five New York residents have been arrested in a staged slip-and-fall accident scheme that attempted to defraud New York City-area businesses and their insurance companies of more than $31.7 million. Peter Kalkanis, Bryan Duncan, Kerry Gordon and Ryan R...
Fri, 20 Apr 2018 15:02:39 +0000
David Copperfield testified this week that he didn’t know until he was sued that a British tourist claimed to have been seriously injured while taking part in an illusion during a performance on the Las Vegas Strip in 2013. Although …
Fri, 20 Apr 2018 14:58:25 +0000
Los Angeles should consider legal action against Waze over complaints that the traffic navigation app is recklessly guiding motorists off thoroughfares and into residential neighborhoods in search of shorter or quicker routes, a city council member sai...
Fri, 20 Apr 2018 14:44:45 +0000
Denver, Colo.-based Valen Analytics has named Kirstin Marr president of the firm. Dax Craig, who was Valen’s president and CEO since co-founding the company in 2004, will remain with Valen in an advisory role. Marr lead growth and marketing initiatives …
Fri, 20 Apr 2018 14:40:06 +0000
The Idaho Department of Insurance has approved a proposal from the National Council on Compensation Insurance for another 3.4 percent decrease to workers’ compensation insurance rates. The decrease is effective for policies issued or renewing after May...
Fri, 20 Apr 2018 13:12:12 +0000
New York Governor Andrew Cuomo on Thursday ramped up pressure on banks and insurers to revisit whether their ties to the National Rifle Association and other gun rights groups harm their reputations and the public interest. Cuomo, a Democrat, noted …
Fri, 20 Apr 2018 13:08:48 +0000
Specialty Program Group LLC (SPG), an insurance holding company for specialty brokerages and underwriting facilities, has launched Eastern Pennsylvania-based New Heights Insurance Solutions (New Heights). New Heights President Megan Rose joined SPG as ...
Fri, 20 Apr 2018 13:00:34 +0000
W. R. Berkley Corp. has named James B. Gilbert as an executive vice president with oversight responsibility for certain of the company’s operating units. Brian P. Douglas is succeeding Gilbert as president of BerkleyNet Underwriters. Gilbert has 30 yea...
Fri, 20 Apr 2018 12:59:39 +0000
PIA Management Services Inc. has hired Bradford J. Lachut as director of Government and Industry Affairs for the five PIA state affiliates managed by the Glenmont, N.Y.-based group. Lachut previously served as PIA’s government affairs counsel prior to ...
Fri, 20 Apr 2018 12:52:21 +0000
American International Group, Inc. announced that Anthony Vidovich will join the company as chief claims officer for General Insurance, effective May 14, 2018. In this role, Vidovich will be responsible for claims governance and policy, settlement auth...
Fri, 20 Apr 2018 12:10:54 +0000
American International Group Inc. announced the authorization of new insurance companies in the United Kingdom and Luxembourg in preparation for the UK’s exit from the European Union. The formation of the two new units provides clients certainty of uni...
Fri, 20 Apr 2018 11:03:59 +0000
Tokio Marine Kiln (TMK), the specialist and corporate insurance business, announced it has formed a strategic agreement with Australian insurtech firm Evari. The agreement will allow TMK to access Evari’s digital insurance platform and on-demand produc...
Fri, 20 Apr 2018 10:35:45 +0000
Rosie Denee and Oscar Moseley have joined Miller to further enhance its credit and political risks offering. Both will be based in London with a focus on political risk and structured credit insurance, specifically for financial institutions. Rosie joi...
Fri, 20 Apr 2018 10:07:08 +0000
Insurance Australia Group is set to sell its four Southeast Asian businesses in deals that could be valued at about $500 million, under a review of its Asian operations, three people with knowledge of the matter said. IAG, Australia’s biggest …
Fri, 20 Apr 2018 05:58:10 +0000
AssuredPartners Inc. has promoted Gerald Budde to Eastern Regions chief financial officer. He is based in Cincinnati, Ohio. Budde will report to newly appointed Eastern Regions President Steve Deal. He started his career with EY and spent 11 years with …
Fri, 20 Apr 2018 05:11:06 +0000
Safeco Insurance has appointed Debra Pooley as vice president and vice president and general manager of the Southeast Region. Pooley replaces Carl Canales who has been named vice president and general manager for the Northeast Region. She is is based …
Fri, 20 Apr 2018 05:00:50 +0000
U.S. health officials on Tuesday proposed steps to improve the government’s system for overseeing medical devices, which has been criticized for years for failing to catch problems with risky implants and medical instruments. The plan from the Food and...