Harvey Motivates Nashville to Revisit $100M Flood Protection Plan

A Tennessee city will revisit flood protection plans following flooding in Texas from Tropical Storm Harvey, which came ashore last week as a hurricane. WPLN-FM reports the Nashville Metro Council will meet next month to consider building a floodwall system, …
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Harvey Motivates Nashville to Revisit $100M Flood Protection Plan was originally posted by ClaimsMate.com Insurance Information Resources

7 tips to speed business insurance recoveries from Hurricane Harvey

Many businesses may have losses from Hurricane Harvey, even if they weren't in the storm's path. With these seven tips, you may be able to speed up the insurance claim process.
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7 tips to speed business insurance recoveries from Hurricane Harvey was originally posted by ClaimsMate.com Insurance Information Resources

7 tips to speed business insurance recoveries from Hurricane Harvey

Many businesses may have losses from Hurricane Harvey, even if they weren't in the storm's path. With these seven tips, you may be able to speed up the insurance claim process.
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7 tips to speed business insurance recoveries from Hurricane Harvey was originally posted by ClaimsMate.com Insurance Information Resources

Reese Joins Integro as Principal in Chicago Office

International broker and risk management firm Integro Insurance Brokers has hired Matt Reese as a principal for business development within the national sales practice across all lines of property and casualty insurance, as well as employee benefits. He will be …
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Reese Joins Integro as Principal in Chicago Office was originally posted by ClaimsMate.com Insurance Information Resources

Alliant Americas Adds Bray as VP in Houston

Alliant has added Billy Bray as vice president within the company’s Alliant Americas division. He is based in Houston. Bray joins Alliant with a proven track record of developing targeted solutions that help clients from a broad range of industries …
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Alliant Americas Adds Bray as VP in Houston was originally posted by ClaimsMate.com Insurance Information Resources

Twitty Named Senior VP at Dexter & Co. in Dallas

Dallas-based insurance and risk management firm Dexter & Company has added Jeff Twitty to its team as senior vice president. A seasoned insurance professional with more than 30 years of commercial insurance experience, Twitty joins Dexter from Frost Insurance where …
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Twitty Named Senior VP at Dexter & Co. in Dallas was originally posted by ClaimsMate.com Insurance Information Resources

4,500 Evacuated as Oregon Wildfires Burn

Wildfires in Oregon are burning an area roughly equivalent to half the state of Rhode Island, affecting air quality throughout the state and forcing the evacuations of more than 4,500 people, fire authorities said on Aug. 30 Two dozen fires …
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4,500 Evacuated as Oregon Wildfires Burn was originally posted by ClaimsMate.com Insurance Information Resources

Man Arrested, Suspected of Igniting Fire Near Hard-Hit California Town

Authorities on Aug. 30 arrested a man suspected of starting an illegal campfire believed to have ignited a growing Northern California blaze that destroyed 10 homes, damaged five others and threatened hundreds more. The wildfire sparked near the town of …
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Man Arrested, Suspected of Igniting Fire Near Hard-Hit California Town was originally posted by ClaimsMate.com Insurance Information Resources

Soriano Appointed as New Confie CEO

Huntington Beach, Calif.-based Confie, a national insurance services organization that specializes in personal and small commercial lines of insurance, has appointed Cesar Soriano as chief executive officer, effective immediately. Mordy Rothberg, the company’s founder and executive chairman will continue to …
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Soriano Appointed as New Confie CEO was originally posted by ClaimsMate.com Insurance Information Resources

House is said to plan vote on Harvey funds in mid-September

The U.S. House will most likely vote on the first phase of emergency relief money for Hurricane Harvey in mid-September after returning from summer recess.
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House is said to plan vote on Harvey funds in mid-September was originally posted by ClaimsMate.com Insurance Information Resources

House is said to plan vote on Harvey funds in mid-September

The U.S. House will most likely vote on the first phase of emergency relief money for Hurricane Harvey in mid-September after returning from summer recess.
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House is said to plan vote on Harvey funds in mid-September was originally posted by ClaimsMate.com Insurance Information Resources

Once Houston's flood waters recede, what damages will be revealed?

Property damage assessments can get underway when the water levels drop, but it's expected to be a difficult task for many owners.
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Once Houston's flood waters recede, what damages will be revealed? was originally posted by ClaimsMate.com Insurance Information Resources

Once Houston's flood waters recede, what damages will be revealed?

Property damage assessments can get underway when the water levels drop, but it's expected to be a difficult task for many owners.
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Once Houston's flood waters recede, what damages will be revealed? was originally posted by ClaimsMate.com Insurance Information Resources

Arkema Chemical Plant in Texas Explodes After Harvey Knocks Out Power

French chemical company Arkema SA said its plant in Crosby, Texas, was hit by explosions after a major flood caused by Hurricane Harvey knocked out power supplies that are needed to refrigerate volatile chemicals. Having already lost its electricity supply …
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Arkema Chemical Plant in Texas Explodes After Harvey Knocks Out Power was originally posted by ClaimsMate.com Insurance Information Resources

Montana Town Threatened by Wildfire; Hundreds Evacuate

Authorities in Montana ordered the evacuation of nearly 600 homes after a fire burning on a mountain ridge suddenly changed direction and threatened a popular destination for boaters, anglers and hikers. The fire near Seeley Lake is one of 19 …
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Montana Town Threatened by Wildfire; Hundreds Evacuate was originally posted by ClaimsMate.com Insurance Information Resources

Husband’s Death Spurs Widow’s $10M Suit Against Oregon Hospital, Doctors

The widow of a Eugene, Oregon, man who died five days before his 29th birthday seeks $10 million in a lawsuit against a hospital, doctors and physicians’ groups. The suit says Aaron Martineau died in September 2014, a day after …
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Husband’s Death Spurs Widow’s $10M Suit Against Oregon Hospital, Doctors was originally posted by ClaimsMate.com Insurance Information Resources

Lockton Adds Eckrich in Kansas City

Joshua Eckrich has joined insurance broker Lockton’s Kansas City operation as vice president and producer. He joined Lockton from Aon where he led a team that worked with clients on complex risk management issues. A former officer in the U.S. …
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Lockton Adds Eckrich in Kansas City was originally posted by ClaimsMate.com Insurance Information Resources

Law’s Ambiguity a Source of Mixed Messages Over Texas Cat Claims Statute

Ambiguity surrounding a Texas law that goes into effect on Sept. 1 has insurance industry representatives and attorneys who represent insurance policyholders sending conflicting messages to insureds who may have suffered property damage from Hurricane Harvey. HB 1774 was originally …
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Law’s Ambiguity a Source of Mixed Messages Over Texas Cat Claims Statute was originally posted by ClaimsMate.com Insurance Information Resources

35K Harvey Flood Insurance Claims Filed by Noon on Aug. 30

The government-run U.S. flood insurance program had already received 35,000 claims as of noon on Wednesday as a result of catastrophic flooding in Texas, according to the program’s director. “This is a very fast clip for them to move,” said …
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35K Harvey Flood Insurance Claims Filed by Noon on Aug. 30 was originally posted by ClaimsMate.com Insurance Information Resources

Harvey could reshape how and where Americans build their homes

Contributing to Harvey's high losses is the fact that Texas has one of the most relaxed approaches to building codes, inspections and other protections.
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Harvey could reshape how and where Americans build their homes was originally posted by ClaimsMate.com Insurance Information Resources

Harvey makes third landfall on battered Gulf coastline

Havey has returned, making landfall a third time in Louisiana.
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Harvey makes third landfall on battered Gulf coastline was originally posted by ClaimsMate.com Insurance Information Resources

Harvey makes third landfall on battered Gulf coastline

Havey has returned, making landfall a third time in Louisiana.
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Harvey makes third landfall on battered Gulf coastline was originally posted by ClaimsMate.com Insurance Information Resources

Jack Nebel Companies Promotes Brian Nebel to President

The Jack Nebel Companies, a Palatine, Illinois-based managing general agent and wholesale broker has promoted Brian Nebel to president. Additionally, founder Jack Nebel is moving into the role of chairman of the board and will remain with the agency on …
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Jack Nebel Companies Promotes Brian Nebel to President was originally posted by ClaimsMate.com Insurance Information Resources

Dog Owners Reach $300K Settlement in Death of Missouri Man

The owners of dogs that authorities believe killed an elderly Christian County, Missouri, bicyclist will pay a $300,000 settlement to the victim’s son. Joseph and Lindsay Brink agreed to pay the money to Vernon Vogt, the son of 85-year-old Werner …
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Dog Owners Reach $300K Settlement in Death of Missouri Man was originally posted by ClaimsMate.com Insurance Information Resources

Harvey Bears Down on Louisiana as Flooding Paralyzes Houston

Tropical Storm Harvey bore down on Louisiana on Wednesday, pouring down more water after setting rainfall records in Texas that caused catastrophic flooding and paralyzed the U.S. energy hub of Houston. The storm that first came ashore on Friday as …
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Harvey Bears Down on Louisiana as Flooding Paralyzes Houston was originally posted by ClaimsMate.com Insurance Information Resources

Can a debt-burdened flood program take on Hurricane Harvey?

In a larger sense, Harvey has served to highlight — just as Katrina did — the weaknesses of the National Flood Insurance Program.
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Can a debt-burdened flood program take on Hurricane Harvey? was originally posted by ClaimsMate.com Insurance Information Resources

Can a debt-burdened flood program take on Hurricane Harvey?

In a larger sense, Harvey has served to highlight — just as Katrina did — the weaknesses of the National Flood Insurance Program.
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Can a debt-burdened flood program take on Hurricane Harvey? was originally posted by ClaimsMate.com Insurance Information Resources

Hurricane Harvey: A Teaching Moment

We’ve been here before. Only this time, we need to truly learn something from what is happening.
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Hurricane Harvey: A Teaching Moment was originally posted by ClaimsMate.com Insurance Information Resources

Hurricane Harvey: A Teaching Moment

We’ve been here before. Only this time, we need to truly learn something from what is happening.
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Hurricane Harvey: A Teaching Moment was originally posted by ClaimsMate.com Insurance Information Resources

Oregon Wildfires Have Cost Taxpayers More Than $100M in 2017

Oregon wildfires already have burned nearly 500 square miles this year, as one of the state’s many multimillion-dollar forest fires this season smolders and flares away. The Register-Guard reported the blaze, started by lightning in remote, steep terrain on the …
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Oregon Wildfires Have Cost Taxpayers More Than $100M in 2017 was originally posted by ClaimsMate.com Insurance Information Resources

Allianz Acquires Nigeria’s Ensure Insurance to Expand in Key African Market

Allianz Group announced a binding agreement to acquire 98 percent of Nigerian insurer Ensure Insurance Plc. from its core shareholder Greenoaks Global Holdings Ltd. Financial details of the transaction were not disclosed. Ensure Insurance Plc. offers life and non-life insurance …
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Allianz Acquires Nigeria’s Ensure Insurance to Expand in Key African Market was originally posted by ClaimsMate.com Insurance Information Resources

Personal Lines Startup Sherpa Raises $2.3M for UK Launch

Insurtech startup, Sherpa, announced it has raised $2.3 million in funding from angel investors, in a venture designed to “change the way personal insurance is delivered.” “We have completely re-thought the way insurance has worked for 100’s of years,” says …
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Personal Lines Startup Sherpa Raises $2.3M for UK Launch was originally posted by ClaimsMate.com Insurance Information Resources

Two Delaware Residents Indicted After Insurance Fraud Investigation

After an investigation by the Department of Insurance Fraud Prevention Bureau, two Wilmington, Del., residents were indicted on Monday, August 7, 2017, by a New Castle County grand jury. Lisa Mitchell and Robert Jones were indicted on two felony counts …
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Two Delaware Residents Indicted After Insurance Fraud Investigation was originally posted by ClaimsMate.com Insurance Information Resources

Element Risk Finalizes Acquisition of Virginia’s Russell Insurance Agency

Element Risk Management, a West Chester, Penn.-headquartered, privately held insurance firm, has finalized the acquisition of Russell Insurance Agency Inc., based in Front Royal, Va. The acquisition will be Element Risk’s first in the Commonwealth of Virginia and will serve …
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Element Risk Finalizes Acquisition of Virginia’s Russell Insurance Agency was originally posted by ClaimsMate.com Insurance Information Resources

Insurance Industry Opens Hurricane Harvey Disaster Relief Fund

The nonprofit Insurance Industry Charitable Foundation (IICF) has established the IICF Hurricane Harvey Disaster Relief Fund to assist victims affected by Hurricane Harvey. IICF said it will collect and report on the total of all donations made through this fund, …
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Insurance Industry Opens Hurricane Harvey Disaster Relief Fund was originally posted by ClaimsMate.com Insurance Information Resources

Insurers Deploy Drone Fleets to Speed Harvey Disaster Recovery

Fleets of commercial drones are primed to hover over the destruction from Tropical Storm Harvey in an unprecedented test of unmanned aircraft’s ability to assess billions of dollars in damage for the insurance industry and accelerate payouts for harried policyholders. …
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Insurers Deploy Drone Fleets to Speed Harvey Disaster Recovery was originally posted by ClaimsMate.com Insurance Information Resources

Banks Seek More Insurance Protection Against Cyber Attacks, Rogue Traders

Banks are increasingly turning to insurance to protect their capital from “operational risks” like cyber attacks and rogue traders, and insurers say they can help safeguard lenders by providing an extra layer of expertise. After a spate of expensive court …
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Banks Seek More Insurance Protection Against Cyber Attacks, Rogue Traders was originally posted by ClaimsMate.com Insurance Information Resources

Determining business interruption losses after Hurricane Harvey

Filing an accurate claim requires an in-depth look at all aspects of a company.
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Determining business interruption losses after Hurricane Harvey was originally posted by ClaimsMate.com Insurance Information Resources

Determining business interruption losses after Hurricane Harvey

Filing an accurate claim requires an in-depth look at all aspects of a company.
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Determining business interruption losses after Hurricane Harvey was originally posted by ClaimsMate.com Insurance Information Resources

It's business, it's not personal (property)

Here are four scenarios in which business personal property (BPP) was lost, and how insurance coverage applied to each.
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It's business, it's not personal (property) was originally posted by ClaimsMate.com Insurance Information Resources

Fidelis Names Novae’s Burford as Chairman of Specialised Risks in London

Fidelis Insurance announced that Ian Burford will join the London underwriting team as chairman of Specialised Risks, effective Sept. 4, 2017. Bringing over 30 years of experience in the London insurance market, Burford will focus on identifying opportunities to expand …
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Fidelis Names Novae’s Burford as Chairman of Specialised Risks in London was originally posted by ClaimsMate.com Insurance Information Resources

Texas' No. 1 homeowners’ insurer responds to Harvey, offers tips

In addition to maintaining a robust social media presence, State Farm offered these policyholder tips for navigating the Hurricane Harvey restoration and repair process.
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Texas' No. 1 homeowners’ insurer responds to Harvey, offers tips was originally posted by ClaimsMate.com Insurance Information Resources

Texas' No. 1 homeowners’ insurer responds to Harvey, offers tips

In addition to maintaining a robust social media presence, State Farm offered these policyholder tips for navigating the Hurricane Harvey restoration and repair process.
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Texas' No. 1 homeowners’ insurer responds to Harvey, offers tips was originally posted by ClaimsMate.com Insurance Information Resources

Neighbors Evacuated as Texas Chemical Plant Poses Explosion Risk

All residents within 1.5 miles (2.4 km) of a chemical plant in southeast Texas were evacuated on Tuesday as a “precautionary measure” on Tuesday because of the rising risk of an explosion, the local fire marshal’s office said in a …
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Neighbors Evacuated as Texas Chemical Plant Poses Explosion Risk was originally posted by ClaimsMate.com Insurance Information Resources

Rubik’s Cube Maker Puzzled by Dunkin’ Donuts, Toys ‘R’ Us Knockoff

The Rubik’s Cube has delighted and confounded millions of players since Hungarian architecture professor Erno Rubik created it in 1974. Now the company that makes the twisting puzzle wants to stop the maker of Duncan yo-yos from selling an alleged …
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Rubik’s Cube Maker Puzzled by Dunkin’ Donuts, Toys ‘R’ Us Knockoff was originally posted by ClaimsMate.com Insurance Information Resources

Now Is Time to Prepare for Next Harvey; Tools Are Available: Viewpoint

My heart goes out to the people who have borne the brunt of Hurricane Harvey and still face continued flooding and a long recovery. As a nation, we need to be better prepared for such catastrophic floods so as to …
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Now Is Time to Prepare for Next Harvey; Tools Are Available: Viewpoint was originally posted by ClaimsMate.com Insurance Information Resources

Hobbyist Drones Banned from Harvey Rescue Area

Aviation regulators imposed a prohibition on hobbyist drones and other civilian aircraft flying in the area affected by Tropical Storm Harvey after concerns were raised about potential interference of rescue efforts. The Federal Aviation Administration issued the new restrictions Tuesday …
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Hobbyist Drones Banned from Harvey Rescue Area was originally posted by ClaimsMate.com Insurance Information Resources

Beazley Expands Coverage for Social Engineering, Online Fraud Scams

Beazley has launched a new excess policy for the U.S. market that significantly expands the protection available to firms that fall victim to impersonation scams by fraudsters convincing employees to wire funds to external accounts. According to Beazley, this and …
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Beazley Expands Coverage for Social Engineering, Online Fraud Scams was originally posted by ClaimsMate.com Insurance Information Resources

West Virginia Doctor Gets 20 Years in Prison for Illegally Distributing Painkillers

A West Virginia doctor accused of illegally distributing painkillers to three patients who later died has been sentenced to 20 years in federal prison. Dr. Michael Kostenko, who faced 22 charges, admitted at the second day of his trial in …
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West Virginia Doctor Gets 20 Years in Prison for Illegally Distributing Painkillers was originally posted by ClaimsMate.com Insurance Information Resources

Tennessee Valley Authority Steps Up Monitoring Near Memphis Water Supply

The Tennessee Valley Authority says it is installing 24 more monitoring wells at a coal-fired power plant where high levels of arsenic and lead were found in groundwater. A TVA statement Aug. 24 said it continues to investigate how the …
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Tennessee Valley Authority Steps Up Monitoring Near Memphis Water Supply was originally posted by ClaimsMate.com Insurance Information Resources

Barber Appointed President of S.S. Nesbitt in Alabama, Johnson to Lead Benefits Practice

S.S. Nesbitt & Co. Inc., a Southeastern insurance agency and division of EBSCO Industries Inc., has appointed insurance veteran Paul Barber as president. Barber comes to S.S. Nesbitt after having spent 25 years in a variety of leadership roles at …
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Barber Appointed President of S.S. Nesbitt in Alabama, Johnson to Lead Benefits Practice was originally posted by ClaimsMate.com Insurance Information Resources

Harvey's record rainfall leads to flooded property, human suffering [photos]

Rain gauges southeast of downtown Houston report more than 48 inches of rain from Tropical Storm Harvey — the most rain ever recorded in the contiguous U.S. from a tropical storm that made landfall.
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Harvey's record rainfall leads to flooded property, human suffering [photos] was originally posted by ClaimsMate.com Insurance Information Resources

Harvey Update: Trump Vows Model Recovery; Thousands Rescued; Deaths, Costs Increasing

With Texas still being lashed by rain and rescues still underway, President Donald Trump vowed that the government’s response to Hurricane Harvey would serve as a model for disaster recovery. “We want to be looked at five years, 10 years …
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Harvey Update: Trump Vows Model Recovery; Thousands Rescued; Deaths, Costs Increasing was originally posted by ClaimsMate.com Insurance Information Resources

Private drones ordered to stay away from Harvey rescue efforts

Aviation regulators imposed a prohibition on hobbyist drones and other civilian aircraft flying in the area affected by Tropical Storm Harvey after concerns were raised about potential interference of rescue efforts.
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Private drones ordered to stay away from Harvey rescue efforts was originally posted by ClaimsMate.com Insurance Information Resources

Private drones ordered to stay away from Harvey rescue efforts

Aviation regulators imposed a prohibition on hobbyist drones and other civilian aircraft flying in the area affected by Tropical Storm Harvey after concerns were raised about potential interference of rescue efforts.
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Private drones ordered to stay away from Harvey rescue efforts was originally posted by ClaimsMate.com Insurance Information Resources

Davis Named Operations Director at Powers Insurance and Risk Management

St. Louis Missouri-based POWERS Insurance and Risk Management and sister company Valley Insurance Agency Alliance (VIAA) has named Tim Davis as director of Operations for both firms. Davis will oversee both administrative and organizational systems, which includes everything from human …
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Davis Named Operations Director at Powers Insurance and Risk Management was originally posted by ClaimsMate.com Insurance Information Resources

United Air seen suffering $265 million blow from Houston storm

The total blow adds up to $353 million for three airlines, assuming the Houston airports reopen Aug. 31.
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United Air seen suffering $265 million blow from Houston storm was originally posted by ClaimsMate.com Insurance Information Resources

United Air seen suffering $265 million blow from Houston storm

The total blow adds up to $353 million for three airlines, assuming the Houston airports reopen Aug. 31.
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United Air seen suffering $265 million blow from Houston storm was originally posted by ClaimsMate.com Insurance Information Resources

New York launches proactive cybersecurity rules for insurers

New York’s newly-enacted cybersecurity rules — billed as first in the nation — set minimum standards based on risk assessments.
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New York launches proactive cybersecurity rules for insurers was originally posted by ClaimsMate.com Insurance Information Resources

Harvey costs seen rising to $42 billion as flooding intensifies

Estimates for damages caused by Hurricane Harvey are climbing with the storm poised to regain strength in the Gulf of Mexico before crashing back on land.
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Harvey costs seen rising to $42 billion as flooding intensifies was originally posted by ClaimsMate.com Insurance Information Resources

Harvey costs seen rising to $42 billion as flooding intensifies

Estimates for damages caused by Hurricane Harvey are climbing with the storm poised to regain strength in the Gulf of Mexico before crashing back on land.
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Harvey costs seen rising to $42 billion as flooding intensifies was originally posted by ClaimsMate.com Insurance Information Resources

Texas Regulators Offer Guidance to Insurers on Harvey Response

The Texas Department of Insurance has issued several bulletins offering guidance to insurers related to Hurricane Harvey, which made landfall near Rockport, Texas, late on Aug. 25. The bulletins are in response to the proclamation by Gov. Greg Abbott declaring …
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Texas Regulators Offer Guidance to Insurers on Harvey Response was originally posted by ClaimsMate.com Insurance Information Resources

P/C Insurers Lost $5.1 Billion on Underwriting in First Half of 2016: A.M. Best

The U.S. property/casualty (P/C) industry recorded a net underwriting loss of $5.1 billion for the first six months of 2017, according to preliminary results, compared with a $2.0 billion loss in the same period a year ago. This financial review …
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P/C Insurers Lost $5.1 Billion on Underwriting in First Half of 2016: A.M. Best was originally posted by ClaimsMate.com Insurance Information Resources

Colorado Tells Sessions That Pot Industry Is Working And Can Be Better

Colorado’s legal marijuana industry is working – and can work better with federal collaboration, the state’s governor and Republican attorney general told U.S. Attorney General Jeff Sessions in a letter. Gov. John Hickenlooper and Attorney General Cynthia Coffman urged Sessions …
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Colorado Tells Sessions That Pot Industry Is Working And Can Be Better was originally posted by ClaimsMate.com Insurance Information Resources

HUB California Adds Brown & Brown’s Caster as Account Executive

HUB International of California has named Adam Caster an account executive and producer in its La Palma office. Caster reports to Steve Vicencia, executive vice president of HUB International Insurance Services Inc. Caster has been in the risk management and …
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HUB California Adds Brown & Brown’s Caster as Account Executive was originally posted by ClaimsMate.com Insurance Information Resources

AXIS Capital’s $611.5M Acquisition of Novae Approved in Shareholder Vote

AXIS Capital Holdings Ltd. announced that shareholders of Novae Group have approved the company’s acquisition by AXIS. Approximately 99.97 percent of shareholder votes were cast in favor of the deal. AXIS announced last week it had substantially sweetened its offer …
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AXIS Capital’s $611.5M Acquisition of Novae Approved in Shareholder Vote was originally posted by ClaimsMate.com Insurance Information Resources

IGI Appoints Jabsheh as Executive Director, IGI UK, in Expanded Company Role

International General Insurance Holdings Ltd. (IGI), the specialist commercial insurer and reinsurer, has announced the appointment of Waleed Jabsheh as executive director of IGI UK as part of the company’s plans to grow in new and existing markets. Jabsheh will …
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IGI Appoints Jabsheh as Executive Director, IGI UK, in Expanded Company Role was originally posted by ClaimsMate.com Insurance Information Resources

New York’s Cybersecurity Regulation Compliance Requirements Go Into Effect

Financial Services Superintendent Maria T. Vullo reminded all entities covered by the New York State Department of Financial Services’ (DFS) cybersecurity regulation that yesterday, August 28, 2017, was the first compliance date of this first-in-the-nation cybersecurity regulation. “With cyber-attacks on …
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New York’s Cybersecurity Regulation Compliance Requirements Go Into Effect was originally posted by ClaimsMate.com Insurance Information Resources

Trial Nears for Final Defendant in Delaware Murder-For-Hire Case

A judge is holding a final case review for the last of four defendants charged in the murder-for-hire killings of a Delaware couple. Monday’s court proceeding comes as a trial looms for Dominique Benson in the 2013 deaths of Joseph …
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Trial Nears for Final Defendant in Delaware Murder-For-Hire Case was originally posted by ClaimsMate.com Insurance Information Resources

Insurers Will Easily Swallow Harvey’s Claims but Growing Climate Risk Predicted

Damages from Hurricane Harvey’s ravaging of Houston and the Texas Gulf Coast are estimated to be well below those from the major storms that hit New Orleans and New York in recent years, insurance executives have said. Though insurers should …
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Insurers Will Easily Swallow Harvey’s Claims but Growing Climate Risk Predicted was originally posted by ClaimsMate.com Insurance Information Resources

Massachusetts Prosecutors Seek $13M in Deadly Meningitis Outbreak

Boston federal prosecutors are seeking more than $13 million from a Massachusetts pharmacy co-founder who was sentenced to prison in a nationwide meningitis outbreak that killed 76 people and sickened hundreds more. The Boston Globe reports that the U.S. Attorney’s …
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Massachusetts Prosecutors Seek $13M in Deadly Meningitis Outbreak was originally posted by ClaimsMate.com Insurance Information Resources

Vermont’s The Richards Group Joins The Northern United Agents Alliance

The Northern United Agents Alliance (NUAA) has announced that The Richards Group of Brattleboro, Vermont, has joined NUAA along with Davis & Towle Insurance Group of Concord, N.H., and Eaton & Berube Insurance Agency of Nashua, N.H., as a founder …
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Vermont’s The Richards Group Joins The Northern United Agents Alliance was originally posted by ClaimsMate.com Insurance Information Resources

Schwarzenegger to Raise Awareness of UK’s Payment Protection Insurance Scandal

The animatronic head of actor and former California Governor Arnold Schwarzenegger mounted on tank tracks urges consumers to “make a decision,” in a campaign launched on Tuesday to raise awareness of Britain’s costliest consumer mis-selling scandal. The Financial Conduct Authority …
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Schwarzenegger to Raise Awareness of UK’s Payment Protection Insurance Scandal was originally posted by ClaimsMate.com Insurance Information Resources

Uber Provides Free Accident Insurance for More Than 450,000 Indian Drivers

Uber Technologies Inc. rolled out a free insurance program for more than 450,000 drivers registered on its ride-hailing app in India, seeking to attract more drivers. The San Francisco-based company, which this week chose a new chief executive officer, said …
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Uber Provides Free Accident Insurance for More Than 450,000 Indian Drivers was originally posted by ClaimsMate.com Insurance Information Resources

Lloyd’s Insurers’ Stocks Fall on Possible Claims from Hurricane Harvey

Lloyd’s of London insurers dropped amid speculation that they will suffer losses from Tropical Storm Harvey that’s battering Houston, the epicenter of the U.S. oil industry. The storm, which which made landfall as a category 4 hurricane and then drifted …
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Lloyd’s Insurers’ Stocks Fall on Possible Claims from Hurricane Harvey was originally posted by ClaimsMate.com Insurance Information Resources

Hurricane Harvey victims facing huge insurance deadline this week, warn lawyers

The 'Hailstorm Bill,' goes into effect on Friday and reduces the 18% penalty insurers pay for unlawfully delaying or denying 'forces of nature' claims down to about 10%.
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Hurricane Harvey victims facing huge insurance deadline this week, warn lawyers was originally posted by ClaimsMate.com Insurance Information Resources

Hurricane Harvey victims facing huge insurance deadline this week, warn lawyers

The 'Hailstorm Bill,' goes into effect on Friday and reduces the 18% penalty insurers pay for unlawfully delaying or denying 'forces of nature' claims down to about 10%.
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Hurricane Harvey victims facing huge insurance deadline this week, warn lawyers was originally posted by ClaimsMate.com Insurance Information Resources

Food recalls in the digital age

Food recalls increased 22% in 2016 from 2015. Here's the role social media plays in the food recall climate.
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Food recalls in the digital age was originally posted by ClaimsMate.com Insurance Information Resources

Food recalls in the digital age

Food recalls increased 22% in 2016 from 2015. Here's the role social media plays in the food recall climate.
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Food recalls in the digital age was originally posted by ClaimsMate.com Insurance Information Resources

Harvey’s Insured Losses Hurt Insurers’ Stocks But Could Help Reinsurers’ Prices

Hurricane Harvey’s whipsaw of wind and rain across Houston and the Texas Gulf Coast hurt the shares of U.S. property and casualty insurers on Monday as Wall Street analysts estimated insured losses as high as $20 billion. That would make …
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Harvey’s Insured Losses Hurt Insurers’ Stocks But Could Help Reinsurers’ Prices was originally posted by ClaimsMate.com Insurance Information Resources

AIG Revives Lucrative Top Executive Pay Packages of Pre-Bailout Glory Days

American International Group Inc.’s new Chief Executive Brian Duperreault has pledged to revive the insurer’s glory days of top talent, underwriting discipline and fat profit margins. One thing he has already brought back: big pay packages. As he rejoined AIG …
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AIG Revives Lucrative Top Executive Pay Packages of Pre-Bailout Glory Days was originally posted by ClaimsMate.com Insurance Information Resources

Barbour to Take Over as CEO of Independent Insurance Agents of Georgia

Independent Insurance Agents of Georgia (IIAG) announced that John Barbour, currently vice president of Governmental Affairs, will serve as its new chief executive officer. Barbour will lead the association beginning Sept. 1, 2017. Barbour joined Big “I” Georgia in August …
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Barbour to Take Over as CEO of Independent Insurance Agents of Georgia was originally posted by ClaimsMate.com Insurance Information Resources

Key House Chairman Wants Flood Insurance Reforms, Not Just Renewal

A key Republican said Hurricane Harvey will spur Congress to reach a deal to fund the nation’s flood insurance program before it expires next month, even though divisions persist over how much the federal government should be on the hook …
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Key House Chairman Wants Flood Insurance Reforms, Not Just Renewal was originally posted by ClaimsMate.com Insurance Information Resources

Trump to Send Congress ‘Very Expensive’ Disaster Aid Request for Harvey Victims

U.S. lawmakers are expected to pass a large aid package for victims of Hurricane Harvey, but specifics of the plan and its price tag are unclear as Congress awaits a funding request from the Trump administration. Rain continued to pound …
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Trump to Send Congress ‘Very Expensive’ Disaster Aid Request for Harvey Victims was originally posted by ClaimsMate.com Insurance Information Resources

CNA, Aon Affinity to Offer Malpractice Program for Dental Practices

CNA and Aon Affinity, the affinity business of Aon plc, have partnered to offer dental firms nationwide malpractice coverage to meet the evolving needs of dental practices. The coverage combines the experience of both firms in the dental malpractice insurance …
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CNA, Aon Affinity to Offer Malpractice Program for Dental Practices was originally posted by ClaimsMate.com Insurance Information Resources

No Evacuation for Louisiana Parish in Harvey’s Path

Dick Gremillion has watched Houston officials come under fire for deciding not to order an evacuation ahead of the epic flooding that has left hundreds of people in the country’s fourth-largest city trapped in their homes. But as the Louisiana …
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No Evacuation for Louisiana Parish in Harvey’s Path was originally posted by ClaimsMate.com Insurance Information Resources

Harvey Could Inflict Even More Death and Destruction as Flood Waters Rise

Flood waters from Tropical Storm Harvey, which has already killed at least seven people in Texas and was expected to drive tens of thousands from their homes, are likely to rise, officials warned on Monday, as heavy rain continued to …
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Harvey Could Inflict Even More Death and Destruction as Flood Waters Rise was originally posted by ClaimsMate.com Insurance Information Resources

5 things to know about insurance coverage after Hurricane Harvey

Your insurance policy determines what’s covered after the loss.
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5 things to know about insurance coverage after Hurricane Harvey was originally posted by ClaimsMate.com Insurance Information Resources

5 things to know about insurance coverage after Hurricane Harvey

Your insurance policy determines what’s covered after the loss.
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5 things to know about insurance coverage after Hurricane Harvey was originally posted by ClaimsMate.com Insurance Information Resources

Top lawmakers call on Congress to pass hurricane relief bill

Vice President Mike Pence said that as many as a half-a-million people may be ultimately eligible for assistance.
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Top lawmakers call on Congress to pass hurricane relief bill was originally posted by ClaimsMate.com Insurance Information Resources

Top lawmakers call on Congress to pass hurricane relief bill

Vice President Mike Pence said that as many as a half-a-million people may be ultimately eligible for assistance.
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Top lawmakers call on Congress to pass hurricane relief bill was originally posted by ClaimsMate.com Insurance Information Resources

AIR Worldwide estimates Hurricane Harvey insured losses

"Harvey has already unleashed catastrophic and unprecedented flooding in southeastern Texas, and these conditions are expected to last for several more days," said Eric Uhlhorn, principal scientist at AIR Worldwide.
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AIR Worldwide estimates Hurricane Harvey insured losses was originally posted by ClaimsMate.com Insurance Information Resources

AIR Worldwide estimates Hurricane Harvey insured losses

"Harvey has already unleashed catastrophic and unprecedented flooding in southeastern Texas, and these conditions are expected to last for several more days," said Eric Uhlhorn, principal scientist at AIR Worldwide.
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AIR Worldwide estimates Hurricane Harvey insured losses was originally posted by ClaimsMate.com Insurance Information Resources

West Virginia Miner Who Survived 2006 Sago Blast Dies on Job

A coal miner who died on the job in West Virginia was the brother of one of the 12 killed in the Sago Mine disaster of 2006. The Charleston Gazette-Mail reports that authorities identified the miner found dead Friday as …
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West Virginia Miner Who Survived 2006 Sago Blast Dies on Job was originally posted by ClaimsMate.com Insurance Information Resources

IIAV ‘Redoubling’ Hurricane Preparedness Efforts Since Following Harvey’s Texas Impact

The Independent Insurance Agents of Virginia (IIAV) is motivated to “redouble its efforts” around hurricane preparedness, particularly as it relates to flood damage, since following Hurricane Harvey’s impact in Texas, according to President and CEO Robert Bradshaw in an emailed …
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IIAV ‘Redoubling’ Hurricane Preparedness Efforts Since Following Harvey’s Texas Impact was originally posted by ClaimsMate.com Insurance Information Resources

Next wave: Harvey threatens Louisiana with flooding after crippling Houston

Tropical Storm Harvey has drifted back into the Gulf of Mexico after crippling Houston and is poised regain strength before crashing ashore again, this time on the Texas-Louisiana border.
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Next wave: Harvey threatens Louisiana with flooding after crippling Houston was originally posted by ClaimsMate.com Insurance Information Resources

Next wave: Harvey threatens Louisiana with flooding after crippling Houston

Tropical Storm Harvey has drifted back into the Gulf of Mexico after crippling Houston and is poised regain strength before crashing ashore again, this time on the Texas-Louisiana border.
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Next wave: Harvey threatens Louisiana with flooding after crippling Houston was originally posted by ClaimsMate.com Insurance Information Resources

Berkley Program Specialists Hires Greville as VP, Business Development

Naperville, Ill.-based Berkley Program Specialists has appointed Michael Greville as vice president and business development officer. Greville will oversee the new business strategy for the organization. He is responsible for managing prospective program administrator relationships nationwide, as well as engaging …
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Berkley Program Specialists Hires Greville as VP, Business Development was originally posted by ClaimsMate.com Insurance Information Resources

The three pillars of AI value add for claims

Artificial intelligence will make insurance industry jobs easier and faster, and it could save Americans up to $1 billion in processed claims.
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The three pillars of AI value add for claims was originally posted by ClaimsMate.com Insurance Information Resources

Texas Blue Tarp Bill Negatively Affects Policy Holders

Texas insurance companies scored a huge win earlier this year by lobbying the Texas Congressional and Senate members to pass House Bill 1774 and Senate Bill 10. By doing so, the worst of the worst of slow and underpaying insurance companies will now have the legal ability to create a wider spread between the actual amount of repair costs and the amount offered to the insured and make it more difficult for their client to seek legal actions with a successful outcome.

While some portions of the bills are well needed to avoid lawsuit abuse from claim running public adjusters and attorneys, the bills will be abused by the insurance companies. Many of the penalties that were currently in place to protect the insured will be massively slashed when they wrongfully deny, delay and underpay damage claims.

Some important items to consider:

• Forces most lawsuit cases into Federal Court and away from State Courts
• Lawsuits could now take twice as long to complete
• Creates higher costs for the insured by forcing them to hire experts to prove their case
• Severely reduces incentives for insurance companies to pay on time and in full
• Reduces penalties for slow payment

Simply stated, the need to pass this bill has been completely overblown. TDI has determined only 1.5 - 2% of insurance damage claims result in litigation. This bill only increases the oh-so-important profits that the powerful insurance companies crave. Forcing their own clients into an expensive lawsuit to receive fair treatment will only create more profits by lowering the number of litigation lawsuits.

As the policy holder, the need to successfully negotiate and close your damage claim without an attorney is more important than ever.

At ClaimsMate, we specialize in utilizing expert techniques to quickly close insurance claims.

Contact us now to avoid unscrupulous public adjusters and attorneys. We handle our clients like our own family members.

 

 

Read More Here: Texas Blue Tarp Bill Negatively Affects Policy Holders

Ironshore’s Singapore Branch Introduces Legal Event Expense Cover

Ironshore Insurance Ltd., Singapore Branch, has introduced a specialty professional lines product that offers protection for after-the-event legal expenses to mitigate commercial litigation loss exposure. Ironshore’s after-the-event legal expenses product provides insurance against adverse costs awards in commercial litigation. The …
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Ironshore’s Singapore Branch Introduces Legal Event Expense Cover was originally posted by ClaimsMate.com Insurance Information Resources

Nevada Gambling Regulators Don’t Want Marijuana in Casinos

Nevada’s gambling regulators are grappling with how to deal with the state’s latest legal vice – recreational marijuana – and they’ve made it clear that pot doesn’t belong in casinos. In the first of a series of policy discussions, the …
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Nevada Gambling Regulators Don’t Want Marijuana in Casinos was originally posted by ClaimsMate.com Insurance Information Resources

Judge Won’t Allow Challenge to Seattle’s Rideshare Driver Union Law

For the second time this month, a federal judge has rejected a challenge to Seattle’s first-in-the-nation law allowing drivers of ridesharing companies such as Uber and Lyft to unionize over pay and working conditions. U.S. District Judge Robert Lasnik rejected …
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Judge Won’t Allow Challenge to Seattle’s Rideshare Driver Union Law was originally posted by ClaimsMate.com Insurance Information Resources

The 'Harvey List': Top 10 Homeowners, Commercial Insurers in Texas

On Friday, Hurricane Harvey developed into a Category 4 and made landfall near Rockport, Texas.
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The 'Harvey List': Top 10 Homeowners, Commercial Insurers in Texas was originally posted by ClaimsMate.com Insurance Information Resources