Tuesday, February 28, 2017

Worker’s Comp Lien Filing Rules Filed with California Secretary of State

The Workers’ Compensation Appeals Board has adopted its final rules of practice and procedure implementing Senate Bill 1160, which passed last year. The Office of Administrative Law has filed the WCAB’s new rules with the Secretary of State. The new …
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Worker’s Comp Lien Filing Rules Filed with California Secretary of State was originally posted by Insurance Super Feed

Should you keep your kids away from connected toys?

How dangerous is a teddy bear or a doll? In the Internet of Things era, it's not an idle question but one for parents and regulators to ponder seriously.
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Should you keep your kids away from connected toys? was originally posted by Insurance Super Feed

Valley Insurance Agency Alliance Adds Missouri-Based American Insurance

American Insurance Alliance of Barnhart, Mo., recently joined Valley Insurance Agency Alliance (VIAA), a network of more than 100 independent insurance agencies in Missouri and Illinois. American Insurance Alliance is a full-service insurance agency founded in 2016 that specializes in …
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Valley Insurance Agency Alliance Adds Missouri-Based American Insurance was originally posted by Insurance Super Feed

Texas Bill Would End ‘Wrongful Birth’ Suits Against Doctors

Texans would no longer be allowed to sue doctors for a “wrongful birth” under a bill approved unanimously by the Senate State Affairs Committee. According to the announcement released by the Senate, wrongful birth suits are based on an accusations …
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Texas Bill Would End ‘Wrongful Birth’ Suits Against Doctors was originally posted by Insurance Super Feed

Oklahoma Senate OKs Bill Changing Oversight of Online Insurance Verification

The full Senate has approved legislation to transfer oversight of Oklahoma’s Compulsory Insurance Online Verification System (OCIVS) for motor vehicle liability policies from the Department of Public Safety (DPS) to the Oklahoma Insurance Department (OID). Senate Bill 115, authored by …
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Oklahoma Senate OKs Bill Changing Oversight of Online Insurance Verification was originally posted by Insurance Super Feed

Ratings of Oklahoma Farm Bureau Mutual Insurance, Subsidiary Upgraded

A.M. Best has upgraded the Financial Strength Rating to B+ (Good) from B (Fair) and the Long-Term Issuer Credit Rating to “bbb-” from “bb+” for the members of the Oklahoma Farm Bureau Group: Oklahoma Farm Bureau Mutual Insurance Co. and its wholly …
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Ratings of Oklahoma Farm Bureau Mutual Insurance, Subsidiary Upgraded was originally posted by Insurance Super Feed

Willis Towers Watson Taps Qureshi to Lead Midwest Region

Willis Towers Watson has appointed Imran Qureshi to head the company’s U.S. Midwest region. In his new role, Qureshi will be responsible for managing and growing the company’s business and client relationships across the Midwest. In addition, he will join …
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Willis Towers Watson Taps Qureshi to Lead Midwest Region was originally posted by Insurance Super Feed

Report: 100s of Deficient Bridges in NE Kansas, NW Missouri

Hundreds of bridges in northwest Missouri and northeastern Kansas are being called “structurally deficient.” The St. Joseph News-Press reports that the National Bridge Inventory Database defines a structurally deficient bridge as having one or more structural defects that require attention. …
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Report: 100s of Deficient Bridges in NE Kansas, NW Missouri was originally posted by Insurance Super Feed

Q&A: MEMIC Safety Expert on Growth of Ergonomics, Workers’ Comp

Karl Siegfried, Senior Vice President of Loss Control & Safety Services at Portland, Maine-headquartered MEMIC Group recently spoke with Insurance Journal about the safety management team that is in place at MEMIC and the ways in which it seeks to benefit agents, …
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Q&A: MEMIC Safety Expert on Growth of Ergonomics, Workers’ Comp was originally posted by Insurance Super Feed

Drone Operator Causes 1,500 Elk to Stampede Through Wyoming Snow

Wildlife refuge officials say a man with a drone caused 1,500 elk to stampede half a mile through the snow. The stampede happened Monday at the National Elk Refuge in western Wyoming. Elk and bison often congregate at the refuge …
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Drone Operator Causes 1,500 Elk to Stampede Through Wyoming Snow was originally posted by Insurance Super Feed

Washington Attorney General Will Fight if Necessary to Keep State’s Legal Pot

Washington Attorney General Bob Ferguson says the state is ready to fight if necessary to keep its legal marijuana. Ferguson made the comments after White House spokesman Sean Spicer suggested during a press briefing that President Donald Trump’s administration might …
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Washington Attorney General Will Fight if Necessary to Keep State’s Legal Pot was originally posted by Insurance Super Feed

Utah Senate, House Pass Bill to Let Workers’ Comp Fund Become A Mutual

Both the Utah Senate and House have passed a bill to repeal the statue creating the state’s Workers’ Compensation Fund. Following a court battle and several pieces of legislation, the fund has nearly separated from state control and oversight and …
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Utah Senate, House Pass Bill to Let Workers’ Comp Fund Become A Mutual was originally posted by Insurance Super Feed

Nigeria Insurers Receptive to M&A as Economy Contracts

Nigeria’s insurance industry is poised to enter a period of consolidation as companies struggle to raise cash to meet new regulatory requirements amid the worst economic contraction in more than two decades. With markets largely shut for companies to raise …
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Nigeria Insurers Receptive to M&A as Economy Contracts was originally posted by Insurance Super Feed

Skuld Names Krøger Kjær as Head of Skuld Copenhagen, Succeeding Lehmann

Skuld, the Oslo, Norway-based marine insurance provider, announced the appointment of Krester Krøger Kjær as head of Skuld Copenhagen. Krøger Kjær succeeds Helle Lehmann who, after eight years in the role, has decided to step down and pursue new opportunities. …
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Skuld Names Krøger Kjær as Head of Skuld Copenhagen, Succeeding Lehmann was originally posted by Insurance Super Feed

Insurers Caught In Municipal Bond Slump While Awaiting Trump Tax Plan

The disruption in the municipal bond market is punishing some of the most loyal buyers of the debt. The insurance industry has seen more than $5 billion of gains erased on state and local bonds after Donald Trump’s victory in …
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Insurers Caught In Municipal Bond Slump While Awaiting Trump Tax Plan was originally posted by Insurance Super Feed

The National Weather Service Confirms Tornado in Western Massachusetts

The National Weather Service has confirmed that a tornado with winds up to 110 mph touched down in western Massachusetts. Meteorologists say the EF-1 tornado touched down Saturday evening in Conway in Franklin County. The weather service says most of …
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The National Weather Service Confirms Tornado in Western Massachusetts was originally posted by Insurance Super Feed

Six Charged in Death of University of Connecticut Student After Party

Six University of Connecticut students were charged Friday with alcohol-related offenses connected to the death of a student who was run over by a fire department vehicle after leaving a party last fall. The students had been hosting an off-campus …
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Six Charged in Death of University of Connecticut Student After Party was originally posted by Insurance Super Feed

New York-Headquartered Walsh Duffield Companies Relocates Rochester Operations

Walsh Duffield Companies Inc., an insurance agency headquartered in Buffalo, N.Y., has moved its Rochester, N.Y., operations to The Culver Road Amory after seeing recent growth in the Rochester market. This growth comes on the heels of the transition of …
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New York-Headquartered Walsh Duffield Companies Relocates Rochester Operations was originally posted by Insurance Super Feed

Glazer Joins AIG as Deputy Counsel, Corporate Secretary

American International Group Inc. has named Rose Marie Glazer as vice president, deputy general counsel and corporate secretary. Glazer will oversee the corporate securities, corporate secretary, and mergers and acquisitions (M&A) legal teams, and will report to Peter Y. Solmssen, …
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Glazer Joins AIG as Deputy Counsel, Corporate Secretary was originally posted by Insurance Super Feed

Businesses Appeal U.S. Judge’s Ruling Upholding Broker Fiduciary Rule

The U.S. Chamber of Commerce appealed a Texas federal judge’s ruling upholding a Labor Department’s regulation aimed at putting retirement savers’ interest first on Friday, the latest salvo in the securities industry’s fight against the regulation. Earlier this month, Chief …
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Businesses Appeal U.S. Judge’s Ruling Upholding Broker Fiduciary Rule was originally posted by Insurance Super Feed

Verisk Analytics Buys UK-Based Emergent Network Intelligence

Verisk Analytics Inc., the Jersey City, N.J.-based data analytics provider, announced it has acquired Emergent Network Intelligence (ENI), an innovator in insurance claims efficiency and fraud detection solutions based in Newcastle upon Tyne in the U.K. With the acquisition of …
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Verisk Analytics Buys UK-Based Emergent Network Intelligence was originally posted by Insurance Super Feed

Tech-savvy pirates bring new threats to shipping industry

Pirates are more technologically aware than you might think.
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Tech-savvy pirates bring new threats to shipping industry was originally posted by Insurance Super Feed

The connected future is growing, but so is the risk

The past few years have shown an uneven (yet inevitable) transition to a more internet-connected lifestyle. As is often the case with transformative change, these advances also involve risk.
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The connected future is growing, but so is the risk was originally posted by Insurance Super Feed

Laser Attacks Pose ‘Real Threat’ to Aviation Safety: British Pilots’ Association

The number of laser attacks on aircraft is still “dangerously high,” although incidents are down slightly from 2015, said the British Airline Pilots’ Association (BALPA). BALPA was commenting on data released this week from the UK’s Civil Aviation Authority (CAA), …
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Laser Attacks Pose ‘Real Threat’ to Aviation Safety: British Pilots’ Association was originally posted by Insurance Super Feed

Arch Re Launches Gulf Underwriting Entity to Supplement Gulf Re’s Role

Arch Reinsurance Ltd. has created an entity to handle its underwriting in the Gulf region and eventually replace the role Gulf Re plays in its business there, a few years after it fully acquired the struggling reinsurer for this purpose. …
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Arch Re Launches Gulf Underwriting Entity to Supplement Gulf Re’s Role was originally posted by Insurance Super Feed

More Than 3K Records Breached at Vanderbilt University Medical Center

Vanderbilt University Medical Center officials say the hospital has had a security breach where two employees accessed medical records of more than 3,000 patients. The Tennessean reports the hospital has sent out letters to patients whose personal information was inappropriately …
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More Than 3K Records Breached at Vanderbilt University Medical Center was originally posted by Insurance Super Feed

Florida Man Steals $150K Maserati During Test Drive

A Maserati is missing after police say a man conned a salesman during a test drive. Police in Boca Raton, Fla., say 45-year-old Michael McGilvary II went to a dealership to test drive a $150,000 Maserati GranTurismo. He and a …
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Florida Man Steals $150K Maserati During Test Drive was originally posted by Insurance Super Feed

First Florida Bill Addressing AOB Introduced for 2017 Session

Florida now has legislation backed by the top Florida insurance regulator and the industry that promises to curtail homeowners insurance abuse under the assignment of benefits (AOB) feature. Senate Bill 1038, filed Feb. 17 by State Sen. Dorothy Hukill and …
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First Florida Bill Addressing AOB Introduced for 2017 Session was originally posted by Insurance Super Feed

Monday, February 27, 2017

AIG Directors Mull CEO Hancock’s Fate After Disappointing Results

American International Group Inc.’s directors are discussing whether to penalize or oust Chief Executive Peter Hancock over a major setback in the insurance firm’s turnaround plan, the Wall Street Journal reported, citing people familiar with the matter. Fifteen directors are …
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AIG Directors Mull CEO Hancock’s Fate After Disappointing Results was originally posted by Insurance Super Feed

Cavignac & Associates in California Names Watson Junior Account Executive

San Diego, Calif.-based Cavignac & Associates has named Stephen Watson a junior account executive. Watson’s area of focus will be on professional liability. Watson previously was employed as assistant manager of Walmart in State College, Pa., where he lead, trained …
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Cavignac & Associates in California Names Watson Junior Account Executive was originally posted by Insurance Super Feed

Ohio Man Pleads Guilty to Workers’ Comp Fraud

A Marion, Ohio, man who was injured on the job as an emergency medical technician in 2010 recently pleaded guilty to workers’ compensation fraud after investigators discovered him working as a high school bowling coach, the Ohio Bureau of Workers’ …
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Ohio Man Pleads Guilty to Workers’ Comp Fraud was originally posted by Insurance Super Feed

Oklahoma Pipeline Company to Reimburse Iowa Entities for Spill

An Oklahoma pipeline company says it will reimburse north-central Iowa agencies for expenses they incurred while responding to a diesel pipeline spill near Hanlontown last month. The Mason City Globe Gazette reports that Magellan Midstream Partners is making the offer. …
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Oklahoma Pipeline Company to Reimburse Iowa Entities for Spill was originally posted by Insurance Super Feed

Changing tides: Reframing the client conversation around flood insurance

Rapidly changing weather patterns are significantly changing and shifting the risk of flood. Do your clients know that?
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Changing tides: Reframing the client conversation around flood insurance was originally posted by Insurance Super Feed

Alliant Adds Gulf Coast Marine Expert, Hood, in New Orleans

Alliant Insurance Services, headquartered in Newport Beach, Calif., has added Tom Hood to its energy and marine group in New Orleans. As first vice president, Hood will provide targeted insurance, risk management and finance solutions to a growing portfolio of …
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Alliant Adds Gulf Coast Marine Expert, Hood, in New Orleans was originally posted by Insurance Super Feed

28 Injured in New Orleans Parade Crash; DWI Suspected

Authorities on Sunday identified the man who allegedly plowed into a crowd enjoying a Mardi Gras parade in New Orleans while intoxicated. The New Orleans Police Department issued a statement identifying the man as 25-year-old Neilson Rizzuto. Online jail records …
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28 Injured in New Orleans Parade Crash; DWI Suspected was originally posted by Insurance Super Feed

Berkshire Hathaway’s Insurance Keeps Growing and Hiring Despite Auto, Reinsurance Blips

Even though Berkshire Hathaway’s GEICO chalked up an underwriting loss in the fourth-quarter 2016, with full-year profit coming in basically even with 2015, the company is poised to take advantage of competitor fears, according to the company’s earnings release and …
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Berkshire Hathaway’s Insurance Keeps Growing and Hiring Despite Auto, Reinsurance Blips was originally posted by Insurance Super Feed

California Governor Calls for $437M in Spending for Flood Control

California Gov. Jerry Brown is calling for a boost in spending on water and transportation infrastructure as the waterlogged state grapples with an emergency dam repair, frantic levee fixes and catastrophic road damage caused by storms. The Democratic governor redirected …
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California Governor Calls for $437M in Spending for Flood Control was originally posted by Insurance Super Feed

Washington Utility Commits to Maintain Low Levels at Lake over Quake Fears

Updated earthquake concerns for Mossyrock Dam, the tallest structure of its kind in Washington, have prompted Tacoma Power to commit to a new, reduced water level at Riffe Lake that will likely stretch well into the next decade. The Chronicle …
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Washington Utility Commits to Maintain Low Levels at Lake over Quake Fears was originally posted by Insurance Super Feed

Police Say Worker Dies After Falling from Roof of Massachusetts Home

Police say a man working on a house under construction in Duxbury, Mass., has died in a fall from the roof. The Patriot Ledger reports that police and firefighters were called to the construction site at around 7:45 a.m. Tuesday following …
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Police Say Worker Dies After Falling from Roof of Massachusetts Home was originally posted by Insurance Super Feed

Pennsylvania Doctor Admits to Selling $5M Worth of Prescriptions to Addicts

A doctor has admitted his role in peddling prescriptions from a now-defunct clinic in Philadelphia, Penn., that specialized in helping drug addicts. Seventy-eighty-year-old Dr. Alan Summers pleaded guilty in federal court to charges including conspiracy, drug distribution, money laundering and …
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Pennsylvania Doctor Admits to Selling $5M Worth of Prescriptions to Addicts was originally posted by Insurance Super Feed

New York’s Crystal & Company Hires Giuè

Crystal & Company, a New York-based strategic risk and insurance advisor, has hired Ciro Giuè as an executive director and national practice leader for voluntary and worksite employee benefit solutions. Giuè brings 10 years of industry experience to his new …
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New York’s Crystal & Company Hires Giuè was originally posted by Insurance Super Feed

Maine-Headquartered Clark Insurance Promotes Two and Hires One

Clark Insurance, a Portland, Maine-headquartered independent insurance agency, has promoted two employees and hired one. Tricia Spencer has been promoted to business insurance department coordinator. Spencer initially joined the agency in 2012. In her new role, she will be responsible …
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Maine-Headquartered Clark Insurance Promotes Two and Hires One was originally posted by Insurance Super Feed

Asta Invests in London & Dubai Reinsurance MGA, Arma Underwriting

Asta, the London-based Lloyd’s third party managing agent and specialist MGA investor, announced it has agreed to invest in the development of Arma Underwriting Ltd. Asta will take a minority equity stake in Arma and will also support the company’s infrastructure including finance and IT. Arma received “in principle” approval from the Dubai Financial Services Authority on Feb. 19, and …
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Asta Invests in London & Dubai Reinsurance MGA, Arma Underwriting was originally posted by Insurance Super Feed

Chubb Names Krishnan to Lead Global Accounts; Lakickas Is Division EVP

Chubb has announced two senior management appointments to its Global Accounts division, serving large and complex clients in Europe and around the world. Suresh Krishnan, currently executive vice president, Global Accounts, Overseas General Insurance, has been appointed to the newly created role …
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Chubb Names Krishnan to Lead Global Accounts; Lakickas Is Division EVP was originally posted by Insurance Super Feed

Singapore Tightens Rules for Sharing Economy that Could Disrupt Asia Ambitions

Singapore, a keen early adopter of the sharing economy, has fired a warning shot across the bow of Airbnb and Uber with tighter rules that could shake up their business models and growth ambitions in Asia. The rules, some say, …
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Singapore Tightens Rules for Sharing Economy that Could Disrupt Asia Ambitions was originally posted by Insurance Super Feed

UK, Canada Regulators Sign Agreement to Help Expansion of Fintech Firms

British and Canadian regulators have signed an agreement to make it easier for financial technology companies to expand in each other’s markets, they said on Wednesday. The agreement between the UK’s Financial Conduct Authority and the Ontario Securities Commission is …
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UK, Canada Regulators Sign Agreement to Help Expansion of Fintech Firms was originally posted by Insurance Super Feed

Intesa Abandons Plans to Buy Generali, Citing Lack of Shareholder Value

Italy’s biggest retail bank Intesa Sanpaolo abandoned plans to join forces with the country’s largest insurer Assicurazioni Generali on Friday, saying a tie-up would not create value for its shareholders. A merger of the two would have created an Italian …
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Intesa Abandons Plans to Buy Generali, Citing Lack of Shareholder Value was originally posted by Insurance Super Feed

Staying Alive: Cutting U.S. Highway Death Rate to Zero

In the near future, the U.S. should be able to prevent thousands, and perhaps tens of thousands, of deaths on the roads and highways. The Department of Transportation has proposed a Road to Zero — the elimination of motor-vehicle fatalities …
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Staying Alive: Cutting U.S. Highway Death Rate to Zero was originally posted by Insurance Super Feed

12 Children Hospitalized in Kentucky Church Bus Crash

Authorities say 12 children were taken to the hospital after a church bus crashed in southern Kentucky. Laurel County Sheriff John Root says in a statement that the crash happened about 8:30 p.m. Wednesday on a road near London when …
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12 Children Hospitalized in Kentucky Church Bus Crash was originally posted by Insurance Super Feed

Paid Claims from Mississippi Tornado Damage Top $31M, And Growing

  Insurers have paid out more than $31.6 million on 2,801 claims from tornadoes that hit Mississippi last month. The Mississippi Insurance Department reported the figures through Feb. 3. Mississippi Insurance Commissioner Mike Chaney said immediately after the storms he …
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Paid Claims from Mississippi Tornado Damage Top $31M, And Growing was originally posted by Insurance Super Feed

Arson Fire Set to Second Florida Mosque in Past 6 Months

An intentionally set fire damaged a prayer hall at a Tampa-area mosque early Friday, investigators said. The arson occurred at the Islamic Society of New Tampa, Hillsborough County Fire Rescue said in a news release. Fire investigators responded at around …
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Arson Fire Set to Second Florida Mosque in Past 6 Months was originally posted by Insurance Super Feed

4 trends by peril for home insurers to know

When insurers understand the effects of peril-related trends on loss costs, they can better manage risk and set rates.
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4 trends by peril for home insurers to know was originally posted by Insurance Super Feed

4 trends by peril for home insurers to know

When insurers understand the effects of peril-related trends on loss costs, they can better manage risk and set rates.
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4 trends by peril for home insurers to know was originally posted by Insurance Super Feed

Sunday, February 26, 2017

Jury Awards $5M to Man Injured in 2013 Michigan Food Truck Blast

A jury has awarded $5 million to a man who was injured during a food truck explosion at a northern Michigan festival. The Traverse City Record-Eagle reports Gary Leonard was burned on nearly half his body following the June 8, …
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Jury Awards $5M to Man Injured in 2013 Michigan Food Truck Blast was originally posted by Insurance Super Feed

18 Kansas Counties Hit by Ice Storm in January to Get Federal Aid

Eighteen Kansas counties affected by a severe ice storm in January will receive federal disaster aid. The Kansas Adjutant General’s office announced that President Donald Trump has granted Gov. Sam Brownback’s request for the disaster declaration. The 18 counties were …
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18 Kansas Counties Hit by Ice Storm in January to Get Federal Aid was originally posted by Insurance Super Feed

Houston Company to Pay $9.5M in Penalties for Oil Platform Blast, Safety Violations

An oil industry services company will pay $9.5 million in penalties for Gulf of Mexico safety violations and for pollution from a 2012 offshore platform fire that killed three workers. The penalties against Houston-based Wood Group PSN were announced on …
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Houston Company to Pay $9.5M in Penalties for Oil Platform Blast, Safety Violations was originally posted by Insurance Super Feed

Friday, February 24, 2017

Oklahoma family gets keys to first FORTIFIED Home™

IBHS and Central Oklahoma Habitat for Humanity collaborate to build fortified homes better able to resist high winds from tornadoes, which should help reduce insurance rates.
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Oklahoma family gets keys to first FORTIFIED Home™ was originally posted by Insurance Super Feed

Oklahoma family gets keys to first FORTIFIED Home™

IBHS and Central Oklahoma Habitat for Humanity collaborate to build fortified homes better able to resist high winds from tornadoes, which should help reduce insurance rates.
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Oklahoma family gets keys to first FORTIFIED Home™ was originally posted by Insurance Super Feed

Texas Bill Seeks Limits on Hailstorm Lawsuits

A bill has been filed in the Texas Senate that seeks to curb what the authors of the legislation say is a skyrocketing number of lawsuits filed against insurers for bogus or inflated hailstorm claims. Senate Bill 10, filed by …
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Texas Bill Seeks Limits on Hailstorm Lawsuits was originally posted by Insurance Super Feed

Californian Sentenced for Felony Insurance Fraud in Sacramento

The Sacramento County District Attorney’s Office in California reported that Paige Nolasco, who pled no contest to felony insurance fraud, has been sentenced to 90 days in jail and five years’ formal probation, and ordered her to pay $1,781 in …
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Californian Sentenced for Felony Insurance Fraud in Sacramento was originally posted by Insurance Super Feed

Brinson Takes Over as President of Texas Surplus Lines Assoc.

Teri Brinson, executive vice president of M.D. Jensvold & Co., has taken over as president of the Texas Surplus Lines Association (TSLA) for 2017. She brings more than 35 years of experience and leadership in the insurance industry to her …
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Brinson Takes Over as President of Texas Surplus Lines Assoc. was originally posted by Insurance Super Feed

Jury: Former Oklahoma Legislator Must Pay Insurer $4.3M in Defamation Case

A Tulsa, Okla., jury has awarded an insurance company and its CEO $4.3 million in a defamation case. The Oklahoman reports former state legislator and former First Trinity director Wayne Pettigrew left First Trinity Financial Corp. in 2013 and issued …
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Jury: Former Oklahoma Legislator Must Pay Insurer $4.3M in Defamation Case was originally posted by Insurance Super Feed

Ryan Specialty Group to Acquire Trident Marine Managers

RSG Underwriting Managers (RSGUM) announced an agreement to acquire Trident Marine Managers Inc. and related claims adjusting affiliates (Trident), headquartered in Houston. Trident is a specialty marine managing general agency that has served the energy sector for more than 35 …
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Ryan Specialty Group to Acquire Trident Marine Managers was originally posted by Insurance Super Feed

BKS Partners in Florida Partners With D&M Insurance Solutions

Tampa, Fla.-based insurance brokerage Baldwin Krystyn Sherman Partners (BKS) has partnered with D&M Insurance Solutions, LLC (D&M), a Clearwater, Fla.-based insurance consulting and brokerage firm. The partnership was finalized on Feb. 22, 2017. D&M focuses on serving financial institutions, investors, …
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BKS Partners in Florida Partners With D&M Insurance Solutions was originally posted by Insurance Super Feed

Florida-Based SUNZ Taps Bryant as EVP, Chief Legal Officer

SUNZ Holdings has appointed Theodore “Ted” G. Bryant, Esq. to the position of executive vice president and chief legal officer of SUNZ Holdings and will report directly to Steven F. Herrig, CEO and chairman of the board. In this newly …
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Florida-Based SUNZ Taps Bryant as EVP, Chief Legal Officer was originally posted by Insurance Super Feed

Proposed Florida Bill Gives Women 10 Years to Sue Doctors Over Abortions

Women who have abortions in Florida would find it easier to sue the doctors who performed the procedure, under a contentious bill now moving through the state House. But it’s unclear if the legislation – which has been opposed by …
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Proposed Florida Bill Gives Women 10 Years to Sue Doctors Over Abortions was originally posted by Insurance Super Feed

AIG Among ‘Too-Big-to-Fail’ Insurers Trying to Assess Path Forward Under Trump

Insurance giant American International Group sees “considerable uncertainty” about U.S. regulations that deem non-bank financial institutions as being too big to fail, given the recent change in White House administrations, according to a filing. The “appropriateness and federal regulation” of …
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AIG Among ‘Too-Big-to-Fail’ Insurers Trying to Assess Path Forward Under Trump was originally posted by Insurance Super Feed

6 Years After Fukushima Disaster, Robots Continue Search for Radioactive Fuel

The latest robot seeking to find the 600 tons of nuclear fuel and debris that melted down six years ago in Japan’s wrecked Fukushima Dai-Ichi power plant met its end in less than a day. The scorpion-shaped machine, built by …
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6 Years After Fukushima Disaster, Robots Continue Search for Radioactive Fuel was originally posted by Insurance Super Feed

Security Breach at New York’s Kennedy Airport Unnerves Some Travelers

A breach that allowed 11 people to walk through an unattended security checkpoint lane at one of the nation’s busiest airports has some travelers scratching their heads about how this could happen even with the enhanced security measures put in …
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Security Breach at New York’s Kennedy Airport Unnerves Some Travelers was originally posted by Insurance Super Feed

Reported Drone Flying Violations Up 46%

Reports of  drone safety violations continued to increase during 2016. There were 1,274 reports from February through September last year, compared with 874 for the same period in 2015 — a 46 percent increase. The Federal Aviation Administration (FAA) released …
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Reported Drone Flying Violations Up 46% was originally posted by Insurance Super Feed

Wrongfully Imprisoned Man Could Get $1.55M from Virginia

A man who spent more than three decades in prison for a crime he didn’t commit could be getting $1.55 million from the state of Virginia. The Richmond Times-Dispatch reports that a bill to provide compensation to 60-year-old Keith Allen …
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Wrongfully Imprisoned Man Could Get $1.55M from Virginia was originally posted by Insurance Super Feed

Massachusetts-Headquartered Eastern Insurance Group Hires Goyer

Eastern Insurance Group, a Natick, Mass.-headquartered subsidiary of Eastern Bank, has hired Mark J. Goyer as vice president and sales executive within Eastern Benefits Group, the insurance firm’s employee benefits division. Goyer, who works out of the Norwell, Mass., office, …
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Massachusetts-Headquartered Eastern Insurance Group Hires Goyer was originally posted by Insurance Super Feed

Lucky to Be Alive, Calling for a Revolution in Road Safety

Three weeks ago, I was walking home on a dark, snowy night in Concord, Massachusetts. The next thing I knew, I was in a hospital, hooked up to some kind of machine. I could not lift my legs or even …
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Lucky to Be Alive, Calling for a Revolution in Road Safety was originally posted by Insurance Super Feed

Helping Small Insurers Sell Cyber Coverage to Small Businesses

With the global cyber insurance market expected to reach $14 billion by 2022, according to Allied Market Research, it’s no wonder more insurers are looking to offer cyber coverage. But small insurers have been sidelined in this market due to …
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Helping Small Insurers Sell Cyber Coverage to Small Businesses was originally posted by Insurance Super Feed

Third Point Re’s Berger to Step Down as CEO, Succeeded by Bredahl

Third Point Reinsurance Ltd. announced that John Berger, chairman and CEO, will be stepping down as CEO effective March 1, 2017. Robert Bredahl, currently president and chief operating officer, will succeed Berger as CEO of Third Point Re on March 1. Berger will …
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Third Point Re’s Berger to Step Down as CEO, Succeeded by Bredahl was originally posted by Insurance Super Feed

Employers may see lower Workers' Compensation rates in Nevada

Nevada employers may see lower workers' comp premiums from two rate filings approved by the state insurance commissioner effective March 1, 2017.
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Employers may see lower Workers' Compensation rates in Nevada was originally posted by Insurance Super Feed

P&C insurers hopeful about growth prospects, but brace for volatility

While insurers may be cautiously optimistic about the likelihood of economic expansion and regulatory relief this year, a number of obstacles could undermine their top- and bottom line growth.
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P&C insurers hopeful about growth prospects, but brace for volatility was originally posted by Insurance Super Feed

Chubb’s Draper Jumps to Navigators to Head International Casualty

The Navigators Group Inc. said that David J. Draper has joined the company as head of International Casualty. Draper is responsible for developing Navigators’ international casualty business outside of the United States in Europe, including in the UK, and in …
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Chubb’s Draper Jumps to Navigators to Head International Casualty was originally posted by Insurance Super Feed

8 tips for writing better claims letters

Your form letters just might need a makeover.
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8 tips for writing better claims letters was originally posted by Insurance Super Feed

Thursday, February 23, 2017

WestCongress Insurance Services Opens in Detroit

WestCongress Insurance Services LLC, a newly created managing general agent (MGA) for the specialty commercial insurance marketplace, has opened in Detroit. WestCongress will focus on excess and surplus (E&S) lines coverage in niche and underserved segments. The company’s initial product …
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WestCongress Insurance Services Opens in Detroit was originally posted by Insurance Super Feed

Oregon Workers’ Comp Provider Sees Big Hike in Slip, Fall Injuries in January

As a result of the heavy snow and ice statewide in January, more Oregon workers suffered slips, trips and falls than in any recent January, according to SAIF data. SAIF is Oregon’s not-for-profit, state-chartered workers’ compensation insurance company. More than …
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Oregon Workers’ Comp Provider Sees Big Hike in Slip, Fall Injuries in January was originally posted by Insurance Super Feed

Watson Joins Cavignac & Associates in San Diego

Cavignac & Associates, a San Diego-based risk management and insurance brokerage firm, has hired Stephen Watson as a junior account executive. His principle area of focus will be on professional liability. Watson previously was employed as assistant manager of Walmart …
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Watson Joins Cavignac & Associates in San Diego was originally posted by Insurance Super Feed

Minot, North Dakota, Planning for Launch of Disaster Resilience Program

Minot officials have drafted a new governance structure for the city in hopes of giving momentum to its disaster resilience program. City Manager Tom Barry outlined the plan to the Minot City Council earlier this month, the Minot Daily News …
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Minot, North Dakota, Planning for Launch of Disaster Resilience Program was originally posted by Insurance Super Feed

Avant Acquires Kansas-Based Supermarket Insurance Group

Avant LLC has purchased Supermarket Insurance Group (SIG), based in Overland Park, Kansas. SIG is a property/casualty insurance provider to the supermarket niche in the U.S. with a concentration in the Midwest. SIG is led by CEO Bill Morrison Based …
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Avant Acquires Kansas-Based Supermarket Insurance Group was originally posted by Insurance Super Feed

Woman Arrested in Connection to 28 California fires

A 24-year-old woman has been arrested in connection to 28 fires set throughout the city of Fullerton, Calif., since September. The Orange County Register reports that the woman was arrested after investigators found her trying to set fire to bushes …
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Woman Arrested in Connection to 28 California fires was originally posted by Insurance Super Feed

Drone-plane near misses, other incidents surged 46 percent in U.S.

Reports of drones violating safety standards in the U.S. continued to climb last year, rising by 46 percent over the same period a year earlier.
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Drone-plane near misses, other incidents surged 46 percent in U.S. was originally posted by Insurance Super Feed

Hanover Insurance Restructures Agency Business; Eyes Specialty Expansion

The Hanover Insurance Group Inc. is making some organizational changes as it implements what its CEO calls its “go-forward business strategy, Hanover 2021” that is focused on growing responsibly, managing volatility and generating strong returns for shareholders. Joseph M. Zubretsky, president …
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Hanover Insurance Restructures Agency Business; Eyes Specialty Expansion was originally posted by Insurance Super Feed

Michigan Medical Services Firm to Pay $21.5K to Settle Disability Discrimination Suit

A medical services provider serving the Muskegon, Michigan, region will pay $21,500 and furnish other relief to settle a disability discrimination lawsuit filed by the U.S. Equal Employment Opportunity Commission (EEOC). The EEOC announced it had charged that Muskegon Family …
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Michigan Medical Services Firm to Pay $21.5K to Settle Disability Discrimination Suit was originally posted by Insurance Super Feed

Judge Won’t Toss Bias Claims Over Louisiana Salon Inspections

A federal judge on has refused to dismiss a lawsuit that accuses Louisiana state regulators of racially discriminating against a group of Vietnamese-American nail salon owners. U.S. District Judge Brian Jackson’s ruling clears the way for a jury trial next …
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Judge Won’t Toss Bias Claims Over Louisiana Salon Inspections was originally posted by Insurance Super Feed

5 Years of Lawsuit Settlements Cost State of Missouri $52M

Missouri has paid more than $52 million over the last five years to settle lawsuits against various state agencies, according to information from the attorney general’s office. The House budget committee received the list of settlements just before a public …
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5 Years of Lawsuit Settlements Cost State of Missouri $52M was originally posted by Insurance Super Feed

Former Staffer Files Whistleblower Suit Against Louisiana Sheriff

A former south Louisiana sheriff’s office employee says the sheriff wrongly fired her for cooperating with the FBI in an investigation against him. In a lawsuit filed earlier this month, Deborah Lourd said she was fired last year, shortly after …
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Former Staffer Files Whistleblower Suit Against Louisiana Sheriff was originally posted by Insurance Super Feed

Tulsa Man Who Assaulted Insurance Adjuster Gets Life Sentence

A Tulsa, Okla., man who filed a bogus insurance claim and assaulted an insurance adjuster has been sentenced to life in prison, the state insurance department announced. Prentice E. Ponds II, 43, was on parole at the time of the …
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Tulsa Man Who Assaulted Insurance Adjuster Gets Life Sentence was originally posted by Insurance Super Feed

Arthur J. Gallagher Acquires Wisconsin’s Kelly Financial

Arthur J. Gallagher & Co. has acquired Madison, Wisconsin-based Kelly Financial Inc. Terms of the transaction were not disclosed. Founded in 1957 by John M. Kelly and incorporated in 1994 by Scott Kelly, Kelly Financial offers retirement plan management, wealth management …
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Arthur J. Gallagher Acquires Wisconsin’s Kelly Financial was originally posted by Insurance Super Feed

Dwellings and lead contamination

Exclusions related to lead poisoning in dwellings are limited to just a few states.
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Dwellings and lead contamination was originally posted by Insurance Super Feed

Dwellings and lead contamination

Exclusions related to lead poisoning in dwellings are limited to just a few states.
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Dwellings and lead contamination was originally posted by Insurance Super Feed

Officials Team Up to Fight Opioid Crisis in Vermont Community

Burlington, Vt., officials and community partners are teaming up to combat a spike in opioid-related deaths. Vermont saw a 38 percent increase in opioid-related deaths from 2015 to 2016. Mayor Miro Weinberger joined the city’s police chief and other officials …
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Officials Team Up to Fight Opioid Crisis in Vermont Community was originally posted by Insurance Super Feed

Con Ed to Pay $153M to Settle New York City Explosion Charges

Consolidated Edison has agreed to pay $153 million to settle charges over a 2014 gas explosion in East Harlem that killed eight people and injured about 50. The settlement was approved on Thursday by the state’s Public Service Commission. The …
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Con Ed to Pay $153M to Settle New York City Explosion Charges was originally posted by Insurance Super Feed

How Supreme Court Just Made Things Easier for Patent Infringers

The Supreme Court made it easier on Wednesday for U.S. manufacturers to infringe patents held by competitors by manufacturing all but one of the infringing components abroad. The practical consequences could be significant, as could the court’s apparent view that …
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How Supreme Court Just Made Things Easier for Patent Infringers was originally posted by Insurance Super Feed

Canadian Broker Network Names Robinson as Chairman, Succeeding Miller

Canadian Broker Network (CBN), Canada’s network of independent insurance brokers, has appointed Mike Robinson, president and CEO, PBL Insurance Ltd., as chairman. Robinson succeeds Tim Miller, president of Capri Insurance Services, who has been CBN chairman for the past three …
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Canadian Broker Network Names Robinson as Chairman, Succeeding Miller was originally posted by Insurance Super Feed

With Growth of the Gig Economy, States Rethink How Workers Get Benefits

As more and more Americans hold nontraditional jobs that don’t have benefits attached — think freelance graphic designers or Uber drivers — cities and states are exploring ways to ensure those workers still have access to workers’ compensation, unemployment insurance, …
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With Growth of the Gig Economy, States Rethink How Workers Get Benefits was originally posted by Insurance Super Feed

AXA Chief Rules Out Major Acquisitions Such as Generali

AXA has reached a “critical size” and is ruling out major acquisitions such as Italy’s Generali, the French insurer’s chief executive Thomas Buberl said on Thursday. It is managing risks relating to May’s presidential election in France and raising its …
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AXA Chief Rules Out Major Acquisitions Such as Generali was originally posted by Insurance Super Feed

Investments in Insurtech Expected to ‘Keep Booming’ in 2017: KPMG Report

Investor interest in insurtech is expected “to remain hot across all regions of the world” during 2017, following a strong growth in 2016, according to a report published by KPMG. In the coming year, most insurtech investments likely will focus …
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Investments in Insurtech Expected to ‘Keep Booming’ in 2017: KPMG Report was originally posted by Insurance Super Feed

Delaware DOI Begins National Search for New Captive Insurance Bureau Director

The Delaware Department of Insurance has announced that it has begun the search for a new Director of the Bureau of Captive Insurance and Financial Products once current director Steve Kinion’s contract expires April 1, 2017. This is because the …
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Delaware DOI Begins National Search for New Captive Insurance Bureau Director was originally posted by Insurance Super Feed

Charting the evolving role and authority of the chief risk officer (CRO)

The 2016 CRO survey results show clear trends toward expanding enterprise risk management scope and maturity, rising CRO influence and increasing 'operationalization.'
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Charting the evolving role and authority of the chief risk officer (CRO) was originally posted by Insurance Super Feed

California Surplus Lines Association Elects Ciardello Chairman of the Board

The members of the Surplus Line Association of California have elected Tom Ciardello, senior executive vice president of Worldwide Facilities LLC, as the chair of the SLA board of directors. Ciardello’s election was finalized after the SLA tallied the final …
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California Surplus Lines Association Elects Ciardello Chairman of the Board was originally posted by Insurance Super Feed

Miss Kentucky USA Runner-Up Pleads Not Guilty to Arson Charge

Miss Kentucky USA runner-up has pleaded not guilty to an arson charge, accused of setting her roommate’s bed on fire at an apartment complex near the University of Louisville. WAVE-TV reports 22-year-old Christen McAllister appeared before a judge on Tuesday …
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Miss Kentucky USA Runner-Up Pleads Not Guilty to Arson Charge was originally posted by Insurance Super Feed

Study Warns on Cumulative Effect of ‘Drip, Drip, Drip’ of Nuisance Flooding

Climate change is being felt in many coastal communities of the United States, not always in the form of big weather disasters but as a steady drip, drip, drip of nuisance flooding. According to researchers at the University of California, …
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Study Warns on Cumulative Effect of ‘Drip, Drip, Drip’ of Nuisance Flooding was originally posted by Insurance Super Feed

Federal Appeals Court Rules Florida Doctors Can Ask Patients About Guns

A federal appeals court has ruled that Florida doctors can talk to patients about gun safety, declaring a law aimed at restricting such discussions a violation of the First Amendment’s right to free speech. The 11th U.S. Circuit Court of …
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Federal Appeals Court Rules Florida Doctors Can Ask Patients About Guns was originally posted by Insurance Super Feed

Orchid Underwriters Rolls Out Admitted Homeowners Products in Alabama

Orchid Underwriters Agency, LLC, a specialty underwriter of excess & surplus insurance focusing on coastal properties, has launched admitted residential homeowners’ products through a new partnership with Spinnaker Insurance Co., a national property and casualty insurer. Orchid will roll out …
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Orchid Underwriters Rolls Out Admitted Homeowners Products in Alabama was originally posted by Insurance Super Feed

20 best cars for the money in 2017

Help your insurance clients find a vehicle that's a good value and posseses the comfort, features and quality performance everyone wants.
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20 best cars for the money in 2017 was originally posted by Insurance Super Feed

Wednesday, February 22, 2017

Reality Star Sues Alaska-based Reality Show over Safety Claims

A star of the Alaska-based reality series “Life Below Zero” is suing the show’s producers, alleging she was hurt while forced to perform dangerous acts in support of false story lines. The lawsuit against BBC Worldwide Reality Productions and others …
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Reality Star Sues Alaska-based Reality Show over Safety Claims was originally posted by Insurance Super Feed

The Path to Let Rideshare Companies into Alaska Not So Smooth

The drive to allow rideshare companies like Uber and Lyft to operate in Alaska has hit speed bumps. The bill, from Sen. Mia Costello, R-Anchorage, faces opposition from taxi companies worried the entrance of rideshare groups will drive down wages …
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The Path to Let Rideshare Companies into Alaska Not So Smooth was originally posted by Insurance Super Feed

Louisiana Offers Tax Filing, Payment Extensions for Some Tornado Victims

Taxpayers who were victims of the severe storms and tornadoes that struck Louisiana earlier this month could be eligible for extensions filing their state taxes. Louisiana’s Department of Revenue announced that filing and payment extensions are available to people whose …
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Louisiana Offers Tax Filing, Payment Extensions for Some Tornado Victims was originally posted by Insurance Super Feed

Mayor Issues Disaster Declaration for San Antonio After Tornadoes

The mayor of San Antonio has issued a disaster declaration for the city of 1.4 million during cleanup after four tornadoes touched down in the area. Mayor Ivy Taylor issued the declaration over twisters late Sunday and early Monday that …
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Mayor Issues Disaster Declaration for San Antonio After Tornadoes was originally posted by Insurance Super Feed

Oklahoma Bill Proposes Rules for Medical Marijuana

Oklahomans won’t vote until next year on whether to legalize medical marijuana, but a state lawmaker has already introduced legislation that would set the framework if sales of the drug are approved. State Rep. Eric Proctor of Tulsa has introduced …
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Oklahoma Bill Proposes Rules for Medical Marijuana was originally posted by Insurance Super Feed

Voldico Insurance, Brendanwood Financial Brokerage Form Alliance

Osgood, Indiana-based Voldico Insurance LLC has formed a key partnership alliance with Brendanwood Financial Brokerage LLC, the company announced. Voldico Insurance is an independent full-service property/casualty retail insurance and financial services provider. Brendanwood Financial Brokerage specializes in life insurance, long …
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Voldico Insurance, Brendanwood Financial Brokerage Form Alliance was originally posted by Insurance Super Feed

8K Louisianans Possibly Impacted by Reinsurance Broker’s Data Breach

The Louisiana Department of Insurance reported that a reinsurance broker contracted by the Louisiana Health Cooperative (LAHC) has experienced a data breach. As a result, former LAHC policyholder Personally Identifiable Information (PII) and in some cases Protected Health Information (PHI) …
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8K Louisianans Possibly Impacted by Reinsurance Broker’s Data Breach was originally posted by Insurance Super Feed