Independent insurance adjusters NAIIA president Susan Daniels: Living a legacy

Traveling between claims in Alaska really is an adventure!
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Independent insurance adjusters NAIIA president Susan Daniels: Living a legacy was originally posted by ClaimsMate.com Insurance Information Resources

Chubb appoints John Watkins head of casualty claims for North America claims

Watkins brings more than 27 years of claims management experience.
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Chubb appoints John Watkins head of casualty claims for North America claims was originally posted by ClaimsMate.com Insurance Information Resources

Ohio AG DeWine Sues 5 Drug Companies Over Opioid Crisis

The state of Ohio on May 30 sued five major drug manufacturers, accusing them of misrepresenting the risks of prescription opioid painkillers that have fueled a sky-rocketing drug addiction epidemic. The suit, filed by Attorney General Mike DeWine, comes as a growing number …
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Ohio AG DeWine Sues 5 Drug Companies Over Opioid Crisis was originally posted by ClaimsMate.com Insurance Information Resources

For 10th Year, Ohio’s Central Insurance Receives IIABA’s Best Practices Award

The Central Insurance Companies was recently honored with the Best Practices Award of Excellence from the Independent Insurance Agents and Brokers of America (IIABA or the Big “I”). This is the tenth consecutive year the company has received this award. …
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For 10th Year, Ohio’s Central Insurance Receives IIABA’s Best Practices Award was originally posted by ClaimsMate.com Insurance Information Resources

Wisconsin’s AVID Risk Solutions, Family Insurance Acquiring ISC

Federal Chief U.S. District Judge James Peterson has approved the sale of ISC insurance agency assets to Wisconsin-based AVID Risk Solutions Inc. and Family Insurance Center, AVID Risk Solutions announced. ISC insurance agency was in receivership due to a multi-million …
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Wisconsin’s AVID Risk Solutions, Family Insurance Acquiring ISC was originally posted by ClaimsMate.com Insurance Information Resources

Arthur J. Gallagher Acquires Houston’s Zuber Insurance Agency

Arthur J. Gallagher & Co. has acquired Zuber Insurance Agency Inc. in Houston, Texas. Terms of the transaction were not disclosed. Zuber Insurance was founded in 1934 by J.L. Zuber. Expanded under the leadership of his son Joseph and grandson Alan, Zuber …
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Arthur J. Gallagher Acquires Houston’s Zuber Insurance Agency was originally posted by ClaimsMate.com Insurance Information Resources

Damage in Nebraska Food Plant Fire Estimated at $100K

A fire official has estimated that a fire at Lincoln, Neb., food plant has caused nearly $100,000 in damage. Officials say no one was injured in the fire, which started around 1 p.m. Saturday at the Smithfield Foods plant. Battalion …
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Damage in Nebraska Food Plant Fire Estimated at $100K was originally posted by ClaimsMate.com Insurance Information Resources

Trump Expected to End U.S. Participation in Paris Climate Pact

U.S. President Donald Trump has decided to withdraw from the Paris climate accord, Axios news outlet reported on Wednesday, citing two unidentified sources with direct knowledge of the decision. Trump, who has previously called global warming a hoax, refused to endorse the …
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Trump Expected to End U.S. Participation in Paris Climate Pact was originally posted by ClaimsMate.com Insurance Information Resources

Average 2017 Wildfire Season Predicted for Wyoming

State forester Bill Crapser says most of Wyoming is predicted to have slightly below average to average large wildfires this year. Crapser says there could be a lot of wildfires started by lightning but most are not expected to grow …
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Average 2017 Wildfire Season Predicted for Wyoming was originally posted by ClaimsMate.com Insurance Information Resources

Oil Tank Blast in Colorado Kills Worker, Safety Questions Follow

An oil tank explosion in northern Colorado killed a worker and burned three others, shooting up flames just miles away from an unrelated gas blast last month and prompting fresh questions about safety in one of Colorado’s largest industries – …
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Oil Tank Blast in Colorado Kills Worker, Safety Questions Follow was originally posted by ClaimsMate.com Insurance Information Resources

Small Quake Shakes Rural Southern California Inland Area

A small earthquake has rattled a rural area of inland Southern California, the he U.S. Geological Survey confirmed. The USGS says the magnitude 3.4 quake hit about 12 miles southeast of Idyllwild and 18 miles southwest of Palm Springs. A …
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Small Quake Shakes Rural Southern California Inland Area was originally posted by ClaimsMate.com Insurance Information Resources

Willis Towers Watson, Tech Firm Roost to Form Home Telematics Testing Consortium

Global insurance consultant Willis Towers Watson is partnering with technology firm Roost to establish a claims data sharing consortium to help insurers test the effectiveness of water and fire smart home technologies. The two companies said the consortium will be comprised of …
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Willis Towers Watson, Tech Firm Roost to Form Home Telematics Testing Consortium was originally posted by ClaimsMate.com Insurance Information Resources

BA’s Massive IT Failure Caused by Power Surge; Brand Damage Admitted

A huge IT failure that stranded 75,000 British Airways passengers followed damage to servers that were overwhelmed when the power returned after an outage, the airline said on Wednesday. BA, part of airline group IAG, is seeking to limit the damage to …
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BA’s Massive IT Failure Caused by Power Surge; Brand Damage Admitted was originally posted by ClaimsMate.com Insurance Information Resources

New York: $7M for Homeowners Hit by Lake Ontario Flooding

New York state is making $7 million available to help homeowners recover from flooding along the Lake Ontario and St. Lawrence River shorelines. Gov. Andrew Cuomo announced the funding Monday. Homeowners will be able to get up to $40,000 in …
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New York: $7M for Homeowners Hit by Lake Ontario Flooding was originally posted by ClaimsMate.com Insurance Information Resources

Massachusetts’ The Hanover Insurance Group Elects Price to Board of Directors

The Hanover Insurance Group Inc., a Worcester, Mass.-based holding company for several property and casualty insurance companies, has elected Michael D. Price to the company’s board of directors, effective July 3. Price is an experienced senior insurance executive and will …
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Massachusetts’ The Hanover Insurance Group Elects Price to Board of Directors was originally posted by ClaimsMate.com Insurance Information Resources

JLT Re Appoints Sammur as Executive Vice President in Connecticut

JLT Re (North America) Inc. (JLT Re), part of the Jardine Lloyd Thompson Group plc, the global provider of reinsurance broking and consultancy, has appointed Tony Sammur as executive vice president in Stamford, Conn. In this role, Sammur will focus …
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JLT Re Appoints Sammur as Executive Vice President in Connecticut was originally posted by ClaimsMate.com Insurance Information Resources

Why 27% of U.S. Firms Have No Plans to Buy Cyber Insurance

A full 50 percent of U.S. firms do not have cyber risk insurance and 27 percent of U.S. executives say their firms have no plans to take out cyber insurance, even though 61 percent of them expect cyber breaches to increase …
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Why 27% of U.S. Firms Have No Plans to Buy Cyber Insurance was originally posted by ClaimsMate.com Insurance Information Resources

XL Catlin Offers Political Risk, Credit & Bond Insurance in Canada; Zurich’s Azzopardi Named Lead U/W

XL Catlin has opened its first Political Risk, Credit and Bond (PRCB) insurance practice in Canada and has appointed Marvin Azzopardi as senior underwriter. Based in Toronto, Azzopardi, will join XL Catlin on June 1 and will report to Richard Abizaid, regional product leader, Americas. Azzopardi is tasked …
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XL Catlin Offers Political Risk, Credit & Bond Insurance in Canada; Zurich’s Azzopardi Named Lead U/W  was originally posted by ClaimsMate.com Insurance Information Resources

Property damage estimates totaled $51.5 billion in 2016

Fire damage claims averaged $45,482.
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Property damage estimates totaled $51.5 billion in 2016 was originally posted by ClaimsMate.com Insurance Information Resources

Hartford insurance must face Calif. 'lowballing' class action

California policyholders claim the insurer routinely underpays claims for damaged property by depreciating items not subject to such reductions under their policies or state law.
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Hartford insurance must face Calif. 'lowballing' class action was originally posted by ClaimsMate.com Insurance Information Resources

Help clients protect their homes during the summer travel season

Insurance agents can serve clients well by identifying some of the risks to unoccupied homes and pointing out steps necessary to mitigate them.
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Help clients protect their homes during the summer travel season was originally posted by ClaimsMate.com Insurance Information Resources

Creating a ‘Resilience Movement’

As the 2017 Atlantic hurricane season begins, Sean Kevelighan, CEO of I.I.I., shares his thoughts on how the insurance industry can help create more resilient communities.
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Creating a ‘Resilience Movement’ was originally posted by ClaimsMate.com Insurance Information Resources

High Agency Valuations ‘Not a Fad,’ MarshBerry Exec Tells Conference

Valuations of insurance agencies are as high as they have ever been and there does not appear to be any lessening of interest among suitors, according to an industry mergers-and-acquisitions (M&A) consultant. John Wepler, chairman and CEO of MarshBerrry, described an …
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High Agency Valuations ‘Not a Fad,’ MarshBerry Exec Tells Conference was originally posted by ClaimsMate.com Insurance Information Resources

New Bond ETF Rules Expected to Attract Investments from Insurers

BlackRock Inc. expects $300 billion in new money from insurers to flood into the already booming bond exchange-traded fund sector over the next five years, a spokeswoman said on Tuesday, following a move by regulators to adjust some requirements on …
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New Bond ETF Rules Expected to Attract Investments from Insurers was originally posted by ClaimsMate.com Insurance Information Resources

Alabama ‘Pill Mill’ Doctor Gets 21 Years in Prison

An Alabama doctor was sentenced on Friday to 21 years in prison for running two clinics with a colleague that prosecutors called a massive “pill mill,” in a case tied to the U.S. probe of Insys Therapeutics Inc. Xiulu Ruan, …
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Alabama ‘Pill Mill’ Doctor Gets 21 Years in Prison was originally posted by ClaimsMate.com Insurance Information Resources

Motorcycle insurance: U.S. states with the lowest & highest average cost

The 2017 average annual cost of motorcycle insurance in the U.S. is $519, according to a recent study.
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Motorcycle insurance: U.S. states with the lowest & highest average cost was originally posted by ClaimsMate.com Insurance Information Resources

USI Acquires Employee Benefits Business from Pennsylvania’s The Hartman Group

USI Insurance Services (USI) has acquired Hartman Employee Benefits Inc. (Hartman Employee Benefits) from The Hartman Group. Hartman Employee Benefits and its employees will remain at the current Williamsport and State College, Penn., locations following the transaction. Terms of the …
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USI Acquires Employee Benefits Business from Pennsylvania’s The Hartman Group was originally posted by ClaimsMate.com Insurance Information Resources

Arthur J. Gallagher Acquires Williams-Manny Insurance in Illinois

Arthur J. Gallagher & Co. has acquired Williams-Manny Insurance Group, headquartered in Rockford, Illinois. Terms of the transaction were not disclosed. Founded in Rockford in 1896, Williams-Manny Insurance Group is a retail insurance broker and employee benefits consultant providing a full array of …
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Arthur J. Gallagher Acquires Williams-Manny Insurance in Illinois was originally posted by ClaimsMate.com Insurance Information Resources

Little Caesars Sued over Michigan Pizza Labeled ‘Halal’

A Muslim man who says Little Caesars served him a pizza with pepperoni made with pork has filed a lawsuit seeking $100 million. The Detroit Free Press reports the lawsuit filed in Wayne County Circuit Court says the pizza sold …
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Little Caesars Sued over Michigan Pizza Labeled ‘Halal’ was originally posted by ClaimsMate.com Insurance Information Resources

10 ways to avoid pet insurance claims this summer

Share these handy tips with your insurance clients to help them avoid pet insurance claims and possibly even an unthinkable tragedy.
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10 ways to avoid pet insurance claims this summer was originally posted by ClaimsMate.com Insurance Information Resources

10 ways to avoid pet insurance claims this summer

Share these handy tips with your insurance clients to help them avoid pet insurance claims and possibly even an unthinkable tragedy.
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10 ways to avoid pet insurance claims this summer was originally posted by ClaimsMate.com Insurance Information Resources

Supreme Court Limits Where Injury Lawsuits Against Firms Can Be Brought

The U.S. Supreme Court on Tuesday tightened rules on where injury lawsuits may be filed, handing a victory to corporations by undercutting the ability of plaintiffs to bring claims in friendly courts in a case involving Texas-based BNSF Railway Co. …
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Supreme Court Limits Where Injury Lawsuits Against Firms Can Be Brought was originally posted by ClaimsMate.com Insurance Information Resources

Air Support Needed as Crews Battle California Brush Fires

Ground crews getting help from water-dropping aircraft are battling two brush fires in Los Angeles, Calif. A small blaze that started over the weekend near large homes in the Mandeville Canyon area above Brentwood is sending up a huge plume …
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Air Support Needed as Crews Battle California Brush Fires was originally posted by ClaimsMate.com Insurance Information Resources

Big Bills Faced by Utahans Who Don’t Have Flood Insurance

It’s been more than two months since northern Utah resident Wyatt Brammer’s house was damaged from flooding and he still hasn’t gotten it fixed. After 33 inches of water filled his basement, he said, it could cost as much as …
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Big Bills Faced by Utahans Who Don’t Have Flood Insurance was originally posted by ClaimsMate.com Insurance Information Resources

Search And Rescue Insurance Introduced in Utah

A program has been introduced allowing Utah residents to pay a small fee to have any potential search and rescue costs waived. An individual can purchase a $25 annual insurance so they won’t have to pay expensive rescue costs if …
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Search And Rescue Insurance Introduced in Utah was originally posted by ClaimsMate.com Insurance Information Resources

Woman Suffers Severe Blood Loss in Connecticut Razor Factory Accident

A worker at a Schick razor factory in Connecticut has been hospitalized after her hand got caught in a machine. A production manager at the Milford, Conn., factory told WTNH-TV the worker was doing a routine job Thursday morning when …
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Woman Suffers Severe Blood Loss in Connecticut Razor Factory Accident was originally posted by ClaimsMate.com Insurance Information Resources

44 People Rescued in Massachusetts Town After High Tide Traps Them

More than 40 people have been rescued after becoming stranded on a breakwall during high tide at an historic Massachusetts coastal resort town. Dozens were walking along a scenic footpath on the rock wall at Provincetown, Mass., when they became …
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44 People Rescued in Massachusetts Town After High Tide Traps Them was originally posted by ClaimsMate.com Insurance Information Resources

Patriot National Exploring ‘Strategic Alternatives’

The board of directors of Patriot National Inc. has formed a new special committee of independent directors to review a “range of strategic alternatives,” the company announced. The company said there is no assurance that this review will result in …
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Patriot National Exploring ‘Strategic Alternatives’ was originally posted by ClaimsMate.com Insurance Information Resources

Changing the claims process with digitized police report data

Real-time data interactions allow insurers to close claims faster.
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Changing the claims process with digitized police report data was originally posted by ClaimsMate.com Insurance Information Resources

3 Fossil Fuel Groups Drop Bid to Join Teens’ Climate Change Lawsuit

Three fossil fuel industry groups dropped their attempt to intervene in a court case over climate change this week after failing to reach an agreement on a unified legal position on climate science, court filings show. The American Petroleum Institute …
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3 Fossil Fuel Groups Drop Bid to Join Teens’ Climate Change Lawsuit was originally posted by ClaimsMate.com Insurance Information Resources

The 4 components of finding a niche for your insurance agency

If you can tie these four components together, you will be well on your way to becoming an industry leader in a niche you love, understand and provides long-term opportunity.
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The 4 components of finding a niche for your insurance agency was originally posted by ClaimsMate.com Insurance Information Resources

Munich Re, Aviva Ventures Invest in UK Connected Home Insurer Neos

Neos, a UK connected home insurer, announced last week it has secured a £5 million (roughly $6.4 million) series A investment led by Aviva Ventures together with strategic partner Munich Re. The strategic investment accelerates Neos’ growth as the UK’s first company to offer …
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Munich Re, Aviva Ventures Invest in UK Connected Home Insurer Neos was originally posted by ClaimsMate.com Insurance Information Resources

Saudi Arabia’s MedGulf Denies It’s Seeking to Be Acquired

The Mediterranean & Gulf Insurance & Reinsurance Co., a Saudi Arabian insurer known as MedGulf, denied it’s considering putting itself up for sale. MedGulf isn’t exploring strategic options that could include a potential sale of the company and hasn’t appointed …
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Saudi Arabia’s MedGulf Denies It’s Seeking to Be Acquired was originally posted by ClaimsMate.com Insurance Information Resources

Fairfax Plans to Sell 12.2% Stake in India’s ICICI Lombard

Canada’s Fairfax Financial Holdings plans to sell a 12.2 percent stake in its Indian joint venture insurer ICICI Lombard in a deal that will value the company at 203 billion rupees ($3.15 billion), the Indian company said on Saturday. Red …
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Fairfax Plans to Sell 12.2% Stake in India’s ICICI Lombard was originally posted by ClaimsMate.com Insurance Information Resources

Insurer USAA Caught in Hannity TV Advertising Controversy

Financial services firm USAA, facing a backlash to its decision to pull advertising from Sean Hannity’s show on Fox News Channel, says it is withdrawing from other opinion-based television programs. The company, which sells insurance and other products to members …
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Insurer USAA Caught in Hannity TV Advertising Controversy was originally posted by ClaimsMate.com Insurance Information Resources

Flood Insurance Looks Like One Area of Bipartisan Agreement

Democrats and Republicans, who have agreed on little this year, have found common ground on plans to give private insurers greater access to the $5 billion flood insurance program and to offer more buyouts for homeowners in areas likely to …
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Flood Insurance Looks Like One Area of Bipartisan Agreement was originally posted by ClaimsMate.com Insurance Information Resources

2 Killed in Explosion at West Virginia Industrial Plant

An explosion at a West Virginia industrial plant has killed two people and injured a third. Officials say the explosion was reported last week at Midland Resource Recovery, a company based in Ontario, Canada, that odorizes natural gas. The U.S. …
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2 Killed in Explosion at West Virginia Industrial Plant was originally posted by ClaimsMate.com Insurance Information Resources

New Tennessee Law Aims to Further Enhance State’s Captive Industry

Tennessee is praising captive insurance legislation signed by the governor on May 12, saying it is expected to “maintain and further enhance Tennessee’s place amongst the most attractive states to locate a captive insurance company,” according to a statement from …
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New Tennessee Law Aims to Further Enhance State’s Captive Industry was originally posted by ClaimsMate.com Insurance Information Resources

Uber Says Alabama Mayors Stalled Ridesharing Law

A statewide framework to regulate ridesharing firms such as Uber and Lyft stalled in the Alabama Legislature, and it’s unclear when such companies could begin to launch new service in Alabama communities. Uber, through a spokeswoman, points to Huntsville Mayor …
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Uber Says Alabama Mayors Stalled Ridesharing Law was originally posted by ClaimsMate.com Insurance Information Resources

Talking insurance coverage without rocking the boat

Before your clients pull their boats out of the harbor, agents should be sure their insurance policies are ship shape.
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Talking insurance coverage without rocking the boat was originally posted by ClaimsMate.com Insurance Information Resources

Talking insurance coverage without rocking the boat

Before your clients pull their boats out of the harbor, agents should be sure their insurance policies are ship shape.
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Talking insurance coverage without rocking the boat was originally posted by ClaimsMate.com Insurance Information Resources

Policy ‘landmines’ keeping cyber insurance buyers up at night

With the frequency and sophistication of cyber attacks on the rise, risk managers are losing sleep over whether they definitely have coverage.
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Policy ‘landmines’ keeping cyber insurance buyers up at night was originally posted by ClaimsMate.com Insurance Information Resources

Top 10 tornado-prone counties in the U.S.

Tornadoes are a force to be reckoned with, but some counties need little reminder of this.
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Top 10 tornado-prone counties in the U.S. was originally posted by ClaimsMate.com Insurance Information Resources

Draft legislation to overhaul National Flood Insurance Program released

Democrats and Republicans have found common ground on plans to give private insurers greater access to the $5 billion flood insurance program.
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Draft legislation to overhaul National Flood Insurance Program released was originally posted by ClaimsMate.com Insurance Information Resources

Draft legislation to overhaul National Flood Insurance Program released

Democrats and Republicans have found common ground on plans to give private insurers greater access to the $5 billion flood insurance program.
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Draft legislation to overhaul National Flood Insurance Program released was originally posted by ClaimsMate.com Insurance Information Resources

A.M. Best Assigns Ratings to Wisconsin’s Integrity Select Insurance

A.M. Best has assigned a financial strength rating of A (Excellent) and a long-term issuer credit rating of “a+” to Integrity Select Insurance Co. (Integrity Select) in Appleton, Wis. The outlook assigned to these credit ratings is stable. Integrity Select is a …
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A.M. Best Assigns Ratings to Wisconsin’s Integrity Select Insurance was originally posted by ClaimsMate.com Insurance Information Resources

Report: St. Louis Tank in Deadly Explosion Needed Emergency Repairs

A giant steam-filled tank weighing nearly 2,000 pounds (900 kilograms) that exploded at a St. Louis box plant, flew a quarter-mile into the air and smashed into a neighboring building, was being used despite needing emergency repairs, federal investigators said …
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Report: St. Louis Tank in Deadly Explosion Needed Emergency Repairs was originally posted by ClaimsMate.com Insurance Information Resources

Tribune: Governor Appears Undecided on Signing Texas Texting-While-Driving Ban

Note: This article originally appeared in the Texas Tribune. Gov. Greg Abbott appears to be undecided on whether he will sign a proposed statewide ban on texting while driving that is now on his desk. Abbott’s predecessor, Rick Perry, vetoed …
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Tribune: Governor Appears Undecided on Signing Texas Texting-While-Driving Ban was originally posted by ClaimsMate.com Insurance Information Resources

A.M. Best Lifts AIG’s Ratings ‘Under Review’ Status Following Duperreault’s Arrival

A.M. Best this week released American International Group from “under review” special scrutiny following the insurer’s bringing on industry veteran Brian Duperreault as president and chief executive officer and after reviewing recent financial data and meeting with AIG management. “AIG maintains …
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A.M. Best Lifts AIG’s Ratings ‘Under Review’ Status Following Duperreault’s Arrival was originally posted by ClaimsMate.com Insurance Information Resources

AmWINS and Networked Deal Plays to Strengths of Both Firms, Execs Say

The acquisition by AmWINS Group Inc. at the end of last month of Networked Insurance Agents will achieve a number of objectives for both the Charlotte, N.C.-based global distributor of specialty insurance products and services and the California-based aggregator. Namely, …
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AmWINS and Networked Deal Plays to Strengths of Both Firms, Execs Say was originally posted by ClaimsMate.com Insurance Information Resources

Pacific Hurricane Season Depends on El Niño: NOAA

Forecasters say the central Pacific region around Hawaii can expect a normal or slightly above-average hurricane season, depending largely on the presence of El Niño conditions. Chris Brenchley, director of the National Oceanic and Atmospheric Administration’s Central Pacific Hurricane Center, …
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Pacific Hurricane Season Depends on El Niño: NOAA was originally posted by ClaimsMate.com Insurance Information Resources

Small Undersea Quake Jostles California Coast West of Malibu

A minor undersea earthquake has jiggled a small stretch of the Southern California coast in Los Angeles and Ventura counties, the U.S. Geological Survey confirmed. The USGS says the magnitude-3.3 temblor occurred just before 7:20 a.m. Thursday. The epicenter was …
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Small Undersea Quake Jostles California Coast West of Malibu was originally posted by ClaimsMate.com Insurance Information Resources

Rising Seas May Wipe Out Jersey Towns and Millions in AAA Bonds

Few parts of the U.S. are as exposed to the threats from climate change as Ocean County, New Jersey. It was here in Seaside Heights that Hurricane Sandy flooded an oceanfront amusement park, leaving an inundated roller coaster as an …
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Rising Seas May Wipe Out Jersey Towns and Millions in AAA Bonds was originally posted by ClaimsMate.com Insurance Information Resources

The Hartford Names Firstenberg P/C Insurance Chief Underwriting Officer

The Hartford has named David Firstenberg as chief underwriting officer for the company’s property/ casualty insurance businesses, replacing Mo Tooker, who was recently named head of The Hartford’s Middle Market segment. Firstenberg will oversee the common underwriting framework across The Hartford’s Small Commercial, Middle Market, Specialty Commercial and Personal Lines segments, …
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The Hartford Names Firstenberg P/C Insurance Chief Underwriting Officer was originally posted by ClaimsMate.com Insurance Information Resources

Cyber Insurance Market Growing Slower Than Expected: Allianz

The tiny market for cyber insurance has been slower to develop than generally anticipated, a member of Allianz’s board said in an interview. The European market for cyber insurance currently has a premium volume of around 200 million euros ($224 million), Axel Theis, Allianz …
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Cyber Insurance Market Growing Slower Than Expected: Allianz was originally posted by ClaimsMate.com Insurance Information Resources

NOAA Updates Forecast for Atlantic Hurricane Season, Pacific’s El NIno

The Atlantic hurricane season will likely churn out an above-average 11 to 17 named storms, in part due to fading odds than an El Nino will form in the Pacific. Of storms that emerge during the six-month season that begins …
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NOAA Updates Forecast for Atlantic Hurricane Season, Pacific’s El NIno was originally posted by ClaimsMate.com Insurance Information Resources

Vermont Governor Vetoes Marijuana Bill, Wants Changes Made

Vermont Republican Gov. Phil Scott on Wednesday vetoed a bill that would have made Vermont the ninth state to legalize recreational marijuana but indicated that he was willing to work with the Legislature on a compromise. Scott said he was …
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Vermont Governor Vetoes Marijuana Bill, Wants Changes Made was originally posted by ClaimsMate.com Insurance Information Resources

Executive Changes Announced at Massachusetts’ Hospitality Insurance Group

After 32 years as a member of Hospitality Insurance Group’s Board of Directors, E. Thomas McCabe Jr. of Westborough, Mass., will be stepping down as chairman. Before joining Hospitality Insurance Group, McCabe was a past president of Massachusetts Restaurant Association …
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Executive Changes Announced at Massachusetts’ Hospitality Insurance Group was originally posted by ClaimsMate.com Insurance Information Resources

Hanover Insurance Names Zurich’s Salvatore as President of Specialty

The Hanover Insurance Group Inc., a Worcester, Mass.-based holding company for several property and casualty insurance companies, has appointed Bryan J. Salvatore as executive vice president and president of specialty, effective June 12. In this role, Salvatore will lead the …
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Hanover Insurance Names Zurich’s Salvatore as President of Specialty was originally posted by ClaimsMate.com Insurance Information Resources

States Move to Ban Asking Job Applicants About Past Salary

An awkward job interview question — how much did you make at your last job? — is getting banned in some parts of the country. Massachusetts, New York City and Philadelphia have passed laws that bar employers from asking applicants …
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States Move to Ban Asking Job Applicants About Past Salary was originally posted by ClaimsMate.com Insurance Information Resources

A.M. Best Affirms Ratings of PartnerRe & Subsidiaries

A.M. Best has affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Rating of “a+” of Bermuda-based Partner Reinsurance Co. Ltd. and its affiliates (collectively referred to as PartnerRe). A.M. Best has also affirmed the …
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A.M. Best Affirms Ratings of PartnerRe & Subsidiaries was originally posted by ClaimsMate.com Insurance Information Resources

AGCS Promotes Hansen as Head of Aviation, Succeeding Haagen

Allianz Global Corporate & Specialty (AGCS) announced that Mike Hansen has been named global head of Aviation. He takes over this responsibility from Henning Haagen who was appointed Northeast Zone Executive for North America earlier this year and has been …
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AGCS Promotes Hansen as Head of Aviation, Succeeding Haagen was originally posted by ClaimsMate.com Insurance Information Resources

No two insurance claims are alike

Is it possible to standardize claim adjustment procedures?
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No two insurance claims are alike was originally posted by ClaimsMate.com Insurance Information Resources

No insurance coverage for largest credit union failure in U.S. history

In a recent case, insurance coverage for employee fraud depended on what the board of directors knew and when. Read what the court ruled and why.
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No insurance coverage for largest credit union failure in U.S. history was originally posted by ClaimsMate.com Insurance Information Resources

No insurance coverage for largest credit union failure in U.S. history

In a recent case, insurance coverage for employee fraud depended on what the board of directors knew and when. Read what the court ruled and why.
[Read More ...]

Having a problem with Having a problem with an insurance damage claim? ClaimsMate.com

No insurance coverage for largest credit union failure in U.S. history was originally posted by ClaimsMate.com Insurance Information Resources

WannaCry and the dawn of large-scale business interruption

The WannaCry attack is evidence of a meaningful evolution in ransomware, which has strategic implications on cyber attack patterns, insurance coverages and aggregation risk.
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WannaCry and the dawn of large-scale business interruption was originally posted by ClaimsMate.com Insurance Information Resources

QBE Taps Commonwealth Bank of Australia’s Ford as Group CFO

QBE Insurance Group Ltd. has appointed Michael Ford as group chief financial officer. Ford is currently the deputy CFO for the Commonwealth Bank of Australia (CBA). He joined the bank in 2005 and held a number of senior finance roles …
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QBE Taps Commonwealth Bank of Australia’s Ford as Group CFO was originally posted by ClaimsMate.com Insurance Information Resources

AmWins and Networked Deal Plays to Each Firm’s Strengths, Execs Say

The acquisition by AmWINS Group Inc. late last month of Networked Insurance Agents will achieve a number of objectives for both the Charlotte, N.C.-based distributor of specialty insurance products and the California-based aggregator. Namely, the deal plays to each firm’s …
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AmWins and Networked Deal Plays to Each Firm’s Strengths, Execs Say was originally posted by ClaimsMate.com Insurance Information Resources

Here’s What the House Has in Mind for Revamping Flood Insurance Program

A much-anticipated House subcommittee proposal on flood insurance promises to reauthorize the National Flood Insurance Program (NFIP) for five years beyond its September 30 expiration date. The proposal would introduce reforms to put the NFIP on stronger financial footing; provide aid …
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Here’s What the House Has in Mind for Revamping Flood Insurance Program was originally posted by ClaimsMate.com Insurance Information Resources

Report: Florida Resident Sparked Wildfire With Lawn Mower

A lawn mower is being blamed for sparking a wildfire that destroyed five structures in Florida. The Naples Daily News reports that the state’s Office of Agricultural Law Enforcement concluded its investigation into the fire that started April 20 in …
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Report: Florida Resident Sparked Wildfire With Lawn Mower was originally posted by ClaimsMate.com Insurance Information Resources

5 strategies to reduce property vandalism

Simple steps can make a property less enticing to vandals.
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5 strategies to reduce property vandalism was originally posted by ClaimsMate.com Insurance Information Resources

5 strategies to reduce property vandalism

Simple steps can make a property less enticing to vandals.
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5 strategies to reduce property vandalism was originally posted by ClaimsMate.com Insurance Information Resources

Report: Climate Change to Increase Insured Losses from Windstorms in the U.K.

Climate change will drive up wind losses in the U.K. in coming years, according to a recent report out from the Association of British Insurers, the Met Office, and Boston, Ma.-based catastrophe modeler AIR Worldwide. The report shows that temperature …
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Report: Climate Change to Increase Insured Losses from Windstorms in the U.K. was originally posted by ClaimsMate.com Insurance Information Resources

Zurich North America Combines Commercial, Specialty Products; Horgan to Head New Unit

Zurich North America is bringing its Specialty Products business together with its North America Commercial Insurance as part of a continued streamlining of operations. The company said the move will provide easier access and greater consistency across North America and …
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Zurich North America Combines Commercial, Specialty Products; Horgan to Head New Unit was originally posted by ClaimsMate.com Insurance Information Resources

Atlantic hurricane season may bring more storms than normal, according to NOAA

There's a potential for a lot of Atlantic storm activity this year. We can't stop hurricanes but we can prepare for them.
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Atlantic hurricane season may bring more storms than normal, according to NOAA was originally posted by ClaimsMate.com Insurance Information Resources

Atlantic hurricane season may bring more storms than normal, according to NOAA

There's a potential for a lot of Atlantic storm activity this year. We can't stop hurricanes but we can prepare for them.
[Read More ...]

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Atlantic hurricane season may bring more storms than normal, according to NOAA was originally posted by ClaimsMate.com Insurance Information Resources

Rising seas may wipe out Jersey towns

Few parts of the U.S. are as exposed to the threats from climate change as Ocean County, New Jersey.
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Rising seas may wipe out Jersey towns was originally posted by ClaimsMate.com Insurance Information Resources

Rising seas may wipe out Jersey towns

Few parts of the U.S. are as exposed to the threats from climate change as Ocean County, New Jersey.
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Rising seas may wipe out Jersey towns was originally posted by ClaimsMate.com Insurance Information Resources

Federal Disaster Assistance Granted for 2 Oklahoma Counties

Two Oklahoma counties may now receive disaster assistance from the U.S. Small Business Administration (SBA) as a result of the severe weather that occurred April 28 through May 2, the governor’s office reported. The designation provides SBA low-interest disaster loans …
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Federal Disaster Assistance Granted for 2 Oklahoma Counties was originally posted by ClaimsMate.com Insurance Information Resources

Homeowners' insurance, liability issues and 'dangerous' dogs

The larger the dog, the more damage it can inflict. But are certain breeds inherently more dangerous than others?
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Homeowners' insurance, liability issues and 'dangerous' dogs was originally posted by ClaimsMate.com Insurance Information Resources

Texas ‘Industrial Insureds’ Surplus Lines Bill Signed into Law

On May 11, the Texas Senate passed a bill exempting certain policyholders from the requirement that agents to make a “diligent effort” to find insurance in the admitted commercial insurance market. Gov. Greg Abbott has signed the measure, which becomes effective …
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Texas ‘Industrial Insureds’ Surplus Lines Bill Signed into Law was originally posted by ClaimsMate.com Insurance Information Resources

Lt. Gen. Stanley E. Clarke III Named Chairman of Armed Forces Insurance

Armed Forces Insurance (AFI), based in Leavenworth, Kansas, has appointed Lt. Gen. Stanley E. “Sid” Clarke III, U.S. Air Force (Ret.), as its incoming chairman. Clarke begins his new role as Armed Forces Insurance celebrates its 130th year in service …
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Lt. Gen. Stanley E. Clarke III Named Chairman of Armed Forces Insurance was originally posted by ClaimsMate.com Insurance Information Resources

Lloyd’s Insurers Launch Asia Political Risk Consortium

Three Lloyd’s insurers have joined forces to form a Political Risk Consortium in Asia, offering increased capacity for a wide range of political and contract frustration risks. Beazley, Chaucer and Talbot will work collectively to provide large scale capacity of …
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Lloyd’s Insurers Launch Asia Political Risk Consortium was originally posted by ClaimsMate.com Insurance Information Resources

Wildfire near Leavenworth, Washington, Forces Evacuations

Evacuation orders are still in effect in as crews battle a wildfire north of Leavenworth, Washington. Brendan Cowan, a spokesman for the Northwest Incident Management Team, says the blaze covered about 40 acres as of Wednesday morning. Cowan says there’s …
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Wildfire near Leavenworth, Washington, Forces Evacuations was originally posted by ClaimsMate.com Insurance Information Resources

Suspicious Fires in Arkansas Targeting Police, Firefighter Properties

Authorities in a small Arkansas town say local police and firefighters are being targeted by suspicious fires and vandalism. The Arkansas Democrat-Gazette reports the incidents in Cotton Plant began in February, when a fire destroyed a firefighter’s rental home. The …
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Suspicious Fires in Arkansas Targeting Police, Firefighter Properties was originally posted by ClaimsMate.com Insurance Information Resources

Wisconsin County’s Initial Tornado Damage Estimate: $10M

The Barron County Sheriff’s Department has released initial damage estimates from a tornado that tore through the Chetek area of northwestern Wisconsin last week. The department said Sunday that the storm damaged 231 homes and four commercial properties across the …
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Wisconsin County’s Initial Tornado Damage Estimate: $10M was originally posted by ClaimsMate.com Insurance Information Resources

New Flood Plain Maps Bring Good, Bad News for South Dakota Towns

The Federal Emergency Management Agency’s proposed revisions to Yankton’s flood plain map could encompass nearly 200 additional properties. On the flip side, a revision in Rapid City means 224 properties have been removed from that city’s flood hazard area. Properties …
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New Flood Plain Maps Bring Good, Bad News for South Dakota Towns was originally posted by ClaimsMate.com Insurance Information Resources

Alaska Hosts Plate Tectonics Research Effort

Alaska averages 40,000 earthquakes per year, with more large quakes than the other 49 states combined, and America’s shakiest state is about to have its ground examined like never before. A federal agency that supports basic science research is completing …
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Alaska Hosts Plate Tectonics Research Effort was originally posted by ClaimsMate.com Insurance Information Resources

Private Investment Firm, J.C. Flowers, Acquires UK General

J.C. Flowers & Co. LLC, a New York-headquartered private investment firm that focuses on investing in the global financial services industry, announced it has acquired UK General Insurance Group Ltd. Completed on May 24, after receiving UK regulatory approval, the …
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Private Investment Firm, J.C. Flowers, Acquires UK General was originally posted by ClaimsMate.com Insurance Information Resources

Fire Guts New York Bar Favored by Author Jack Kerouac

A famous New York bar once frequented by Beat Generation writer Jack Kerouac has been gutted by a fire. Officials in the village of Northport on Long Island tell Newsday that the fire started around 7 a.m. Tuesday inside Gunther’s …
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Fire Guts New York Bar Favored by Author Jack Kerouac was originally posted by ClaimsMate.com Insurance Information Resources

FM Global Includes Top 3 Business Risks in Global Resilience Index

FM Global has expanded its Global Resilience Index to include insights around three of the top risks facing businesses: cyber attack, natural hazards and supply chain failure. The interactive, online index ranks 130 countries and territories by their enterprise resilience …
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FM Global Includes Top 3 Business Risks in Global Resilience Index was originally posted by ClaimsMate.com Insurance Information Resources

New York State Providing $10M for Lake Ontario Flooding Recovery

The state is making $10 million in funding available to New York municipalities dealing with flooding along the Lake Ontario shoreline. Gov. Andrew Cuomo announced Monday that the funds will support flood recovery efforts such as repairing break walls, roads, …
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New York State Providing $10M for Lake Ontario Flooding Recovery was originally posted by ClaimsMate.com Insurance Information Resources

Maine’s Cross Insurance Promotes Jermyn to President of Benefits Division

Cross Insurance, a Bangor, Maine-headquartered subsidiary of Cross Financial Corp., has promoted Eric Jermyn to president of Cross Employee Benefits. He will be based in Portland, Maine. In this new role, Jermyn’s duties include the growth and maintenance of Cross …
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Maine’s Cross Insurance Promotes Jermyn to President of Benefits Division was originally posted by ClaimsMate.com Insurance Information Resources

P/C Insurance Industry Again Reports Underwriting Loss in Q1

The U.S. property/casualty industry posted a first-quarter 2017 net underwriting loss of $841.5 million, according to preliminary financial results, continuing the industry’s underwriting loss trend seen in 2016. The first-quarter loss was significantly less than the $2.0 billion net underwriting …
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P/C Insurance Industry Again Reports Underwriting Loss in Q1 was originally posted by ClaimsMate.com Insurance Information Resources

Liberty Mutual Appoints Dekermanji Chief Underwriter for Specialty Energy

Liberty Mutual has appointed Jessica Dekermanji as senior vice president and chief underwriting officer of the National Insurance Specialty Energy unit. Dekermanji will lead a team of underwriting, risk control and account services professionals focused on expanding products and integrating technology to …
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Liberty Mutual Appoints Dekermanji Chief Underwriter for Specialty Energy was originally posted by ClaimsMate.com Insurance Information Resources