Thursday, November 30, 2017

DEA Opens Kentucky Field Office to Target Opioid Abuse

The U.S. Drug Enforcement Agency is targeting opioid abuse in Appalachia by establishing a new field office in Kentucky to oversee a region ravaged by overdose deaths. The new Louisville field office will have a special agent in charge to …
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DEA Opens Kentucky Field Office to Target Opioid Abuse was originally posted by ClaimsMate.com Insurance Information Resources

Miami homeowner arrested for filing $178K in fraudulent damage claims

When a Miami homeowner tried to collect from two different insurers for the same damage claims, the Florida insurance fraud investigators stepped in.
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Miami homeowner arrested for filing $178K in fraudulent damage claims was originally posted by ClaimsMate.com Insurance Information Resources

Keystone Pipeline Leak Likely Caused by 2008 Construction Damage: Report

A federal agency says a leak in TransCanada Corp.’s Keystone oil pipeline in South Dakota likely was caused by damage during construction in 2008. The Pipeline and Hazardous Materials Safety Administration issued a corrective action report Tuesday on the estimated …
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Keystone Pipeline Leak Likely Caused by 2008 Construction Damage: Report was originally posted by ClaimsMate.com Insurance Information Resources

Liberty Mutual Insurance Opens New Campus in North Texas

Liberty Mutual Insurance Chairman and CEO David H. Long officially opened the company’s one million square foot office complex in Plano, Texas, on Tuesday with a ribbon-cutting ceremony attended by Texas Governor Greg Abbott and City of Plano Mayor Harry …
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Liberty Mutual Insurance Opens New Campus in North Texas was originally posted by ClaimsMate.com Insurance Information Resources

FEMA's staff 'tapped out' after mounting disasters, leader says

Is it time to question FEMA’s role in disaster management and emergency recovery?
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FEMA's staff 'tapped out' after mounting disasters, leader says was originally posted by ClaimsMate.com Insurance Information Resources

$300K Fire in Cincinnati Caused by Teen Trying to Kill Bed Bug

Officials in Ohio say a 13-year-old boy trying to kill a bed bug sparked an apartment building fire that displaced eight people and caused $300,000 in damage in Cincinnati. Officials say the fire was reported around 11 p.m. Tuesday and …
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$300K Fire in Cincinnati Caused by Teen Trying to Kill Bed Bug was originally posted by ClaimsMate.com Insurance Information Resources

Ex-Ohio State Star Spielman Widens Lawsuit over Commercial Use of Image

A former Ohio State and NFL star is asking a judge to let him expand a class-action lawsuit over allegations that marketing campaigns for dozens of big-time colleges and universities improperly used the images of thousands of current and former …
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Ex-Ohio State Star Spielman Widens Lawsuit over Commercial Use of Image was originally posted by ClaimsMate.com Insurance Information Resources

Judge Limits Key Testimony in Armstrong Lawsuit

A federal judge has set some limits on key evidence and testimony in Lance Armstrong’s upcoming $100 million civil trial, including harm inflicted on former team sponsor U.S. Postal Service and whether the government should have known the cyclist and …
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Judge Limits Key Testimony in Armstrong Lawsuit was originally posted by ClaimsMate.com Insurance Information Resources

Ironshore’s Boren, President of U.S. Field Operations, Retiring; Frediani to Succeed

Ironshore Inc. announced that industry veteran Joseph L. Boren, president of U.S. Field Operations and a noted environmental risk expert, will retire as of year-end 2017. Boren’s role as president of U.S. Field Operations will be assumed by David R. …
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Ironshore’s Boren, President of U.S. Field Operations, Retiring; Frediani to Succeed was originally posted by ClaimsMate.com Insurance Information Resources

Beazley Establishes Marine Insurance Platform In U.S.

B eazley has established its new U.S. marine platform with an initial focus on hull, protection & indemnity (P&I) and liability coverage for the marine and marine constructionmarine platform sectors. Beazley has been an insurer of marine risks in the …
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Beazley Establishes Marine Insurance Platform In U.S. was originally posted by ClaimsMate.com Insurance Information Resources

San Francisco Supervisors OK Rules for Recreational Pot Stores

Following weeks of emotional and detailed debate over where to allow new stores, San Francisco supervisors approved regulations for the sale of recreational marijuana when it becomes legal in California in January. The San Francisco Board of Supervisors voted for …
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San Francisco Supervisors OK Rules for Recreational Pot Stores was originally posted by ClaimsMate.com Insurance Information Resources

Burns & Wilcox Opens Office in Downtown Los Angeles

Burns & Wilcox has opened an office in downtown Los Angeles. The office, located at 515 S. Flower St, is the second location in the greater Los Angeles area and seventh major location for Burns & Wilcox in California outside …
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Burns & Wilcox Opens Office in Downtown Los Angeles was originally posted by ClaimsMate.com Insurance Information Resources

Who Is Most at Risk for Opioid Death and How to Help Them: Columbia Research

Just over 60 percent of individuals who died from an opioid overdose had been diagnosed with a chronic pain condition, and many had been diagnosed with a psychiatric disorder, a study of more than 13,000 overdose deaths has found. Only …
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Who Is Most at Risk for Opioid Death and How to Help Them: Columbia Research was originally posted by ClaimsMate.com Insurance Information Resources

Holiday Hazards: Porch Pirates, Fires and Vandalized Decorations

Porch pirates, home vandals and tree fires, oh my! A new study from insuranceQuotes examines holiday hazards, including fires caused by lit candles and cooking mishaps, vandalism of outdoor holiday decorations, and theft of deliveries from doorsteps. “During the holidays, …
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Holiday Hazards: Porch Pirates, Fires and Vandalized Decorations was originally posted by ClaimsMate.com Insurance Information Resources

Insurers’ Asbestos Payments in 2016 Topped $3 Billion

While U.S. asbestos-related incurred losses dropped in 2016, property/casualty insurers’ payments for asbestos claims grew 9 percent and hit $3.2 billion for the year, a new A.M. Best report concludes. The $3.2 billion figure exceeds the long-term average of $2.4 …
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Insurers’ Asbestos Payments in 2016 Topped $3 Billion was originally posted by ClaimsMate.com Insurance Information Resources

Aon Switzerland Buys Swiss Broker Unidelta AG

Aon plc has acquired 100 percent interest in Unidelta AG, an insurance broker located in Rapperswil, St. Gallen, Switzerland. Unidelta AG was founded in 2004, and is an independent all-line insurance broker with a strong focus on personal injury management. …
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Aon Switzerland Buys Swiss Broker Unidelta AG was originally posted by ClaimsMate.com Insurance Information Resources

Chubb Expects $320 Million in Q4 Catastrophe Losses Including California Wildfires

Chubb Limited reported a preliminary loss estimate for the fourth quarter from natural catastrophes, including the California wildfires, of approximately $320 million pre-tax, or $249 million after tax. Chubb said its insured losses for the California wildfires are currently estimated …
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Chubb Expects $320 Million in Q4 Catastrophe Losses Including California Wildfires was originally posted by ClaimsMate.com Insurance Information Resources

Virginia’s Towne Insurance Hires Rogerson to Manage Select Business Unit

Towne Insurance, an independent insurance agency headquartered in Hampton Roads in Virginia, has hired Christopher Rogerson as vice president and manager of its Select Business Unit. He will be responsible for further development of Towne’s Select Business Unit strategy, as …
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Virginia’s Towne Insurance Hires Rogerson to Manage Select Business Unit was originally posted by ClaimsMate.com Insurance Information Resources

What causes a water heater to leak or rupture?

Knowing what caused a leak is key to determining coverage for the loss.
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What causes a water heater to leak or rupture? was originally posted by ClaimsMate.com Insurance Information Resources

What causes a water heater to leak or rupture?

Knowing what caused a leak is key to determining coverage for the loss.
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What causes a water heater to leak or rupture? was originally posted by ClaimsMate.com Insurance Information Resources

Willis Towers Watson Launches Updated Capital Modeling Platform, Igloo 5

Willis Towers Watson has launched Igloo 5, an update to its financial modeling platform. The broker said Igloo 5 brings a number of key improvements including: Greatly improved model runtime Ready for use-based licensing and full implementation in the cloud …
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Willis Towers Watson Launches Updated Capital Modeling Platform, Igloo 5 was originally posted by ClaimsMate.com Insurance Information Resources

Insurer on the hook for more attorney fees than the insured paid

Is an insurer required to cover an insured's attorney fees, even when the award amount is more than the insured paid? It's a continual battle with contingent fee cases.
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Insurer on the hook for more attorney fees than the insured paid was originally posted by ClaimsMate.com Insurance Information Resources

UK’s Aviva Plans to Return $4B of Extra Cash to Shareholders, Make Acquisitions

Aviva expects to generate an extra 3 billion pounds ($4 billion) in cash over the next two years and will make acquisitions as well as giving money back to shareholders, it said on Thursday, sending its share price to three-month …
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UK’s Aviva Plans to Return $4B of Extra Cash to Shareholders, Make Acquisitions was originally posted by ClaimsMate.com Insurance Information Resources

Big Contracts, No Storm Tarps for Puerto Rico After Hurricane Maria

After Hurricane Maria damaged tens of thousands of homes in Puerto Rico, a newly created Florida company with an unproven record won more than $30 million in contracts from the Federal Emergency Management Agency to provide emergency tarps and plastic …
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Big Contracts, No Storm Tarps for Puerto Rico After Hurricane Maria was originally posted by ClaimsMate.com Insurance Information Resources

Global Banks Face ‘Significant Evolution’ in Cyber Threat Level: SWIFT

Global banks need to do more to protect themselves from cyber attacks after a “significant evolution” in the threat level in the last 18 months, according to the SWIFT global payments network. Hackers are deploying increasingly sophisticated ways of breaching …
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Global Banks Face ‘Significant Evolution’ in Cyber Threat Level: SWIFT was originally posted by ClaimsMate.com Insurance Information Resources

Uber’s UK Data Breach Exposed Accounts of 2.7M Customers in 2016

Uber Technologies Inc. said information from 2.7 million U.K. customers was taken in a 2016 security breach that hit 57 million riders and drivers globally and that the company kept secret from the public and authorities until recently. Uber said …
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Uber’s UK Data Breach Exposed Accounts of 2.7M Customers in 2016 was originally posted by ClaimsMate.com Insurance Information Resources

California Officials Says Cracks in New Oroville Spillway Don’t Pose a Threat

Small cracks that have appeared in the brand new concrete spillway at Oroville Dam were expected and do not pose a threat, California state officials said in previously undisclosed letters. In an October letter, federal regulators asked Department of Water …
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California Officials Says Cracks in New Oroville Spillway Don’t Pose a Threat was originally posted by ClaimsMate.com Insurance Information Resources

Skeptics Question Accuracy of Michigan Road-Side Drug Tests

Michigan State Police officers are conducting roadside saliva tests on suspected drug-impaired motorists as part of a program spurring questions about the tests’ accuracy. State Police Special First Lt. Jim Flegel told the South Bend Tribune that the program uses …
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Skeptics Question Accuracy of Michigan Road-Side Drug Tests was originally posted by ClaimsMate.com Insurance Information Resources

Lawyer Pleads Guilty to Trying to Sell Sealed Whistleblower Lawsuits

A former partner at a major law firm in Washington pleaded guilty on Wednesday to charges that he tried to sell copies of sealed whistleblower lawsuits against corporations that he obtained while working at the U.S. Justice Department. Jeffrey Wertkin, …
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Lawyer Pleads Guilty to Trying to Sell Sealed Whistleblower Lawsuits was originally posted by ClaimsMate.com Insurance Information Resources

Index Shows Where People Are Moving in Next Few Months

It’s possible to know where in the country more homebuyers will be moving over the next 30 to 90 days, thanks to what’s called a “pre-mover” index. It turns out that the U.S. markets with the highest “pre-mover” indices during …
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Index Shows Where People Are Moving in Next Few Months was originally posted by ClaimsMate.com Insurance Information Resources

Mining Jobs to Focus on Community Relations as Robots and Sensors Take Over

Some mines in the next decade will run without humans and instead rely on robots, virtual models and sensors, according to Anglo American Plc. Anglo is betting on technology, such as computerized drills with “chiseling ability as good as a …
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Mining Jobs to Focus on Community Relations as Robots and Sensors Take Over was originally posted by ClaimsMate.com Insurance Information Resources

Ex-Coal Boss Blankenship Announces U.S. Senate Run From West Virginia

Donald Blankenship, the former Massey Energy chief executive who went to prison in the wake of a 2010 mine explosion that killed 29, plans to run for the U.S. Senate from West Virginia. Blankenship is filing election papers to run …
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Ex-Coal Boss Blankenship Announces U.S. Senate Run From West Virginia was originally posted by ClaimsMate.com Insurance Information Resources

Wednesday, November 29, 2017

Florida’s Hurricane Irma Recovery: The Cost, The Challenges, The Lessons

The hurricane season is officially over, but it didn’t go by without leaving a major mark on Florida and its insurance industry. Hurricane Irma, a name most in the state won’t soon forget, first hit the Florida Keys as a …
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Florida’s Hurricane Irma Recovery: The Cost, The Challenges, The Lessons was originally posted by ClaimsMate.com Insurance Information Resources

Insuring the lumber industry: What agents and brokers need to know

Insurance agents can demonstrate their value to clients in the lumber industry with specialized knowledge of the industry's risks and how to handle them.
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Insuring the lumber industry: What agents and brokers need to know was originally posted by ClaimsMate.com Insurance Information Resources

New Sensors Tracking Earthquakes Across Texas

Note: This article originally appeared in The Texas Tribune. Three years ago, a series of quakes rattled North Texas — and some residents’ nerves. Larry Walden, a Parker County commissioner, remembers a public meeting at the time in which residents …
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New Sensors Tracking Earthquakes Across Texas was originally posted by ClaimsMate.com Insurance Information Resources

Texas’ Hochheim Prairie Farm Mutual Ratings on CreditWatch; Harvey Cited

S&P Global Ratings has placed its ‘B+’ financial strength ratings for Hochheim Prairie Farm Mutual Insurance Assoc. (HPFMIA) and its subsidiary, Hochheim Prairie Casualty Insurance Co. (HPCIC; collectively Hochheim) on CreditWatch with negative implications. Hochheim, headquartered in Yoakum, Texas, only …
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Texas’ Hochheim Prairie Farm Mutual Ratings on CreditWatch; Harvey Cited was originally posted by ClaimsMate.com Insurance Information Resources

Safety National Awards 3 Safety First Grants

St. Louis, Missouri-based insurer, Safety National, has awarded its annual Safety First Grant to three policyholders for their creative risk control solutions. The first-place grant, in the amount of $10,000, was awarded to Alliance of Schools for Cooperative Insurance Programs …
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Safety National Awards 3 Safety First Grants was originally posted by ClaimsMate.com Insurance Information Resources

Munich Re’s Ergo Decides Not to Sell Run-Off Life Policies as Offers Too Low

Munich Re’s ERGO unit has dropped plans to sell run-off life insurance policies, saying non-binding offers received by the company were too low. “In ERGO’s view, the current value of the portfolios and its potential appreciation is not adequately reflected …
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Munich Re’s Ergo Decides Not to Sell Run-Off Life Policies as Offers Too Low was originally posted by ClaimsMate.com Insurance Information Resources

Michigan, Enbridge Reach Deal to Boost Pipeline Safety

Michigan Gov. Rick Snyder and Canadian oil transport company Enbridge Inc. announced a timeline for determining the future of twin pipelines beneath the channel where Lakes Huron and Michigan converge. Options include shutting down the lines or routing them through …
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Michigan, Enbridge Reach Deal to Boost Pipeline Safety was originally posted by ClaimsMate.com Insurance Information Resources

Wildfire Risk High Remains in Arkansas

State forestry officials say the risk for wildfires remains high throughout Arkansas as dry conditions persist. The Arkansas Forestry Commission says firefighters have suppressed more than 100 wildfires since Thanksgiving. Those fires have burned a total of more than 1,800 …
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Wildfire Risk High Remains in Arkansas was originally posted by ClaimsMate.com Insurance Information Resources

Lloyd’s Pays Claims of $1.7B for Hurricanes Harvey, Irma & Maria – So Far

The Lloyd’s market has paid claims worth US$1.7 billion, to date, in response to Hurricanes Harvey, Irma and Maria. Earlier this year Lloyd’s estimated a total commitment of US$4.8 billion for the three storms. Lloyd’s brokers are receiving money from …
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Lloyd’s Pays Claims of $1.7B for Hurricanes Harvey, Irma & Maria – So Far was originally posted by ClaimsMate.com Insurance Information Resources

For a look at PG&E’s liability after fires, watch San Diego Gas & Electric case

Although the cause of California's wildfires may never be known, PG&E may be liable. Will customers have to pay any losses that exceed the insurance coverage available?
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For a look at PG&E’s liability after fires, watch San Diego Gas & Electric case was originally posted by ClaimsMate.com Insurance Information Resources

For a look at PG&E’s liability after fires, watch San Diego Gas & Electric case

Although the cause of California's wildfires may never be known, PG&E may be liable. Will customers have to pay any losses that exceed the insurance coverage available?
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For a look at PG&E’s liability after fires, watch San Diego Gas & Electric case was originally posted by ClaimsMate.com Insurance Information Resources

Safety Concerns Remain at New Mexico Nuclear Waste Storage Site

A federal nuclear review panel still has some safety concerns about Los Alamos National Laboratory’s new multimillion-dollar storage facility for radioactive waste. The Defense Nuclear Facilities Safety Board said in a recent report that more reviews will be needed as …
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Safety Concerns Remain at New Mexico Nuclear Waste Storage Site was originally posted by ClaimsMate.com Insurance Information Resources

Earthquake Center Confirms Moderate Temblor Felt in Alaska Towns

The Alaska Earthquake Information Center confirmed that a moderate earthquake jostled Alaska’s largest city, but there were no immediate reports of damage. The magnitude 5.3 earthquake hit Monday and was located at a depth of about 10 miles and centered …
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Earthquake Center Confirms Moderate Temblor Felt in Alaska Towns was originally posted by ClaimsMate.com Insurance Information Resources

Terminix Fined $9.2M for Pesticide Use that Poisoned Delaware Family

A pest control company will pay more than $9 million in criminal fines tied to the use of a banned pesticide that sickened a Delaware family on vacation in the U.S. Virgin Islands in 2015. The News Journal of Wilmington …
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Terminix Fined $9.2M for Pesticide Use that Poisoned Delaware Family was originally posted by ClaimsMate.com Insurance Information Resources

Meetings Planned in Connecticut Districts on October Storm Response

Connecticut lawmakers are planning public meetings in legislative districts to hear firsthand how communities were impacted by last month’s damaging windstorm that left more than 100,000 residents without power for multiple days. The General Assembly’s Energy and Technology Committee originally …
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Meetings Planned in Connecticut Districts on October Storm Response was originally posted by ClaimsMate.com Insurance Information Resources

100 Passengers Rescued from New York Ferry that Ran Aground Near Pier

More than 100 passengers have been rescued from a ferry that ran aground in New York’s East River. Police say it happened Monday evening just off a pier near the South Street Seaport in lower Manhattan. The U.S. Coast Guard …
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100 Passengers Rescued from New York Ferry that Ran Aground Near Pier was originally posted by ClaimsMate.com Insurance Information Resources

Manus Elected as President, Chief Brokerage Officer at Holborn in NYC

Holborn Corporation (Holborn), a U.S.-based independent reinsurance broker, announced that its board has elected Adam Manus as president and chief brokerage officer, effective immediately. Manus is based in the firm’s office in New York City. Frank Harrison will continue in …
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Manus Elected as President, Chief Brokerage Officer at Holborn in NYC was originally posted by ClaimsMate.com Insurance Information Resources

Leaflets Dropped Over NFL Games Revive Drone Concerns

A Northern California man was cited for flying a drone over two NFL games this weekend and dropping political leaflets over the stadiums, reigniting concerns over remote aircraft at major sports events. Federal and local laws prohibit flying drones near …
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Leaflets Dropped Over NFL Games Revive Drone Concerns was originally posted by ClaimsMate.com Insurance Information Resources

Researchers Find Drones Can Cause Significant Damage to Aircraft

The millions of small civilian drones plying the nation’s skies can cause significant damage to airliners and business jets in a midair collision, new research commissioned by the U.S. Federal Aviation Administration concluded. While most drones weigh only a few …
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Researchers Find Drones Can Cause Significant Damage to Aircraft was originally posted by ClaimsMate.com Insurance Information Resources

Hurricane Season Is Coming to a Close… Maybe

In 166 years, only 17 tropical storms and six hurricanes have formed in the Atlantic after the official Nov. 30 close of the season, according to the U.S. Hurricane Research Division in Miami. Could it happen again? Conditions across the …
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Hurricane Season Is Coming to a Close… Maybe was originally posted by ClaimsMate.com Insurance Information Resources

How to help clients manage their collectibles

Many clients could use advice on collectibles — found out if a client’s collection has been appraised, insured and stored securely in order to preserve the its value.
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How to help clients manage their collectibles was originally posted by ClaimsMate.com Insurance Information Resources

Tuesday, November 28, 2017

FAA warns of drone impact risks with airplanes as use grows

New research from the FAA warns of the dangers drones pose to commercial airlines and private jets.
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FAA warns of drone impact risks with airplanes as use grows was originally posted by ClaimsMate.com Insurance Information Resources

Insurer Offers Standalone Cyber App to Thwart Network Shutdowns, Reduce Delayed Reporting

A new mobile app released by Chubb promises to reduce delays in reporting cyber incidents, offering a work around in cases where hackers shut down whole networks. The Cyber Alert mobile application allows 24/7 reporting for commercial cyber customers in …
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Insurer Offers Standalone Cyber App to Thwart Network Shutdowns, Reduce Delayed Reporting was originally posted by ClaimsMate.com Insurance Information Resources

SageSure Insurance Managers Names Morrow Regional VP in Ohio

Independent residential property managing general underwriter SageSure Insurance Managers, a subsidiary of Insight Catastrophe Group (ICG), has appointed Suzanne Morrow as regional vice president of Sales for the company’s western region. Based in Cincinnati, Ohio, Morrow will lead the sales …
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SageSure Insurance Managers Names Morrow Regional VP in Ohio was originally posted by ClaimsMate.com Insurance Information Resources

Baylor University Honors The Nitsche Group with Community Commitment Award

Independent insurance agency, The Nitsche Group, based in Giddings, Texas, has been presented the 2017 Community Commitment Award by Baylor University’s Institute for Family Business. This distinction is awarded by Baylor University to a successful family business that demonstrates a …
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Baylor University Honors The Nitsche Group with Community Commitment Award was originally posted by ClaimsMate.com Insurance Information Resources

Day Laborers Being Exploited in Texas after Harvey, Advocates Say

Guillermo Miranda Vazquez starts his day in a parking lot near the Home Depot where he easily finds work alongside other day laborers who are cleaning up Houston after Hurricane Harvey. Some days, he clears rotted drywall and hauls out …
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Day Laborers Being Exploited in Texas after Harvey, Advocates Say was originally posted by ClaimsMate.com Insurance Information Resources

ONI Risk Partners Acquires Indiana’s HBG Insurance & Bonds

Indianapolis-based independent insurance broker, ONI Risk Partners (ONI), is acquiring HBG Insurance & Bonds (HBG), a privately owned agency based in Greencastle, Indiana. Led by President Rick Bittles, the HBG team joins ONI’s 300-plus insurance professionals serving business and individual …
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ONI Risk Partners Acquires Indiana’s HBG Insurance & Bonds was originally posted by ClaimsMate.com Insurance Information Resources

Oklahoma Sees Increase in Number of Volunteer Firefighters

Almost 200 new volunteer firefighters have joined rural fire departments in Oklahoma two years after successful legislation eliminated the age limit for new volunteers, according to state lawmakers. House Bill 2005, authored by Rep. Mike Sanders and Sen. AJ Griffin, …
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Oklahoma Sees Increase in Number of Volunteer Firefighters was originally posted by ClaimsMate.com Insurance Information Resources

How property associations can protect residents and guests

Property associations share common best practices to protect members and their guests, but those practices may also create additional liability.
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How property associations can protect residents and guests was originally posted by ClaimsMate.com Insurance Information Resources

2 keys for TPAs taking on the future risk landscape

It's no secret: Insurance risk is evolving. Here's what that means for third-party administrators (TPAs).
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2 keys for TPAs taking on the future risk landscape was originally posted by ClaimsMate.com Insurance Information Resources

Las Vegas ZIP Code Has Most Drone Hobbyists in Nation

Researchers say the ZIP code containing the highest number of registered hobbyist drone users in the country is in Las Vegas. The Las Vegas Review-Journal reported drone researchers at Bard College in New York analyzed data from the Federal Aviation …
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Las Vegas ZIP Code Has Most Drone Hobbyists in Nation was originally posted by ClaimsMate.com Insurance Information Resources

Marsh’s Combined Jelf and Bluefin Businesses in UK to Be Rebranded as ‘Jelf’

Marsh announced that its combined Jelf and Bluefin business in the UK will, from early 2018, begin rebranding as Jelf. With almost 3,000 colleagues serving over 250,000 clients from 80 locations, the new Jelf will be one of the UK’s …
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Marsh’s Combined Jelf and Bluefin Businesses in UK to Be Rebranded as ‘Jelf’ was originally posted by ClaimsMate.com Insurance Information Resources

Gallagher Names Anderson to Lead Rossborough Insurance in Channel Islands

Gallagher announced the appointment of James Anderson as group managing director of Rossborough Insurance – its personal and commercial lines broking business based in the Channel Islands and Isle of Man – subject to regulatory approval. Anderson succeeds Clive de …
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Gallagher Names Anderson to Lead Rossborough Insurance in Channel Islands was originally posted by ClaimsMate.com Insurance Information Resources

U.S. Private Plane Fatal Crashes Lowest in 50 Years

The rate of fatal crashes on privately owned aircraft in the U.S. dropped to the lowest level in 50 years in 2016. The fatal-accident rate was less than 1 per 100,000 flight hours, the first time it has reached that …
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U.S. Private Plane Fatal Crashes Lowest in 50 Years was originally posted by ClaimsMate.com Insurance Information Resources

New Mexico Enjoys Quiet After Series of Severe Storms This Year

The conditions proved to be just right this year in New Mexico for a wave of severe weather that prompted double the average number of warnings issued by forecasters in a typical year, but the flurry of activity seems to …
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New Mexico Enjoys Quiet After Series of Severe Storms This Year was originally posted by ClaimsMate.com Insurance Information Resources

Unlicensed Massachusetts Contractor Pleads Guilty to Dozens of Charges

An unlicensed home improvement contractor who left an elderly woman’s home in ruins has pleaded guilty. The Salem News reports that 49-year-old Jaime Ford’s guilty pleas Monday to 42 charges including larceny, forgery, insurance fraud, and being a common and …
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Unlicensed Massachusetts Contractor Pleads Guilty to Dozens of Charges was originally posted by ClaimsMate.com Insurance Information Resources

Insurer Says Troubled Vermont Town Must Comply with Conditions

A Vermont organization that serves the state’s municipal governments says the town of Victory must comply with certain conditions of probation or lose its insurance. The Caledonian Record reports that the conditions were made public this past week. The Vermont …
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Insurer Says Troubled Vermont Town Must Comply with Conditions was originally posted by ClaimsMate.com Insurance Information Resources

Maritime Program Group Hires Roper to New Hampshire Office

Maritime Program Group Inc. (MPG) of Westbrook, Conn., has hired Matthew Roper as manager of its Commercial Recreational Marine program. In this role, Roper assumes responsibility for the growth, development and profitability of MPG’s core recreational marine portfolio. He is …
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Maritime Program Group Hires Roper to New Hampshire Office was originally posted by ClaimsMate.com Insurance Information Resources

Trump Disaster Aid Includes $12B for Cities Battling Climate Change Flooding

Hidden in the Trump administration’s $44 billion emergency budget request is a plan to expand an Obama-era effort to make cities and towns resilient to the more frequent storms tied to climate change. While President Donald Trump has dismissed global …
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Trump Disaster Aid Includes $12B for Cities Battling Climate Change Flooding was originally posted by ClaimsMate.com Insurance Information Resources

Heritage to Acquire Rhode Island’s Narragansett Bay Insurance

Heritage Insurance Holdings Inc. (Heritage), a Clearwater, Fla.-headquartered property and casualty insurance holding company, has secured regulatory approval from the Insurance Division of the Rhode Island Department of Business Regulation to proceed with its acquisition of NBIC Holdings Inc. NBIC …
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Heritage to Acquire Rhode Island’s Narragansett Bay Insurance was originally posted by ClaimsMate.com Insurance Information Resources

2017 Hurricane Season Ranks as Costliest Ever for U.S.

This year’s U.S. Atlantic hurricane season is officially the most expensive ever, racking up $202.6 billion in damages since the formal start on June 1. The costs tallied by disaster modelers Chuck Watson and Mark Johnson surpass anything they’ve seen …
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2017 Hurricane Season Ranks as Costliest Ever for U.S. was originally posted by ClaimsMate.com Insurance Information Resources

Pool Re to Include Physical Damage from Cyber Terrorism, Effective April 2018

Pool Re, the UK’s terrorism reinsurance pool, announced it will extend its cover to include material damage and direct business interruption caused by acts of terrorism using a cyber trigger. The new cover will be available in April 2018. The …
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Pool Re to Include Physical Damage from Cyber Terrorism, Effective April 2018 was originally posted by ClaimsMate.com Insurance Information Resources

Brit Appoints Brock as President of Newly Formed Scion Underwriting Managers

Brit Ltd. announced that insurance industry veteran, Scott Brock, has joined as president of newly formed specialty platform Scion Underwriting Managers. In this role, Brock will be responsible for building and managing the operations of Scion, which will partner with …
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Brit Appoints Brock as President of Newly Formed Scion Underwriting Managers was originally posted by ClaimsMate.com Insurance Information Resources

Miami insurance agent charged with creating fake insurance policies

An insurance agent and agency owner confessed to investigators after submitting 38 fake applications and stealing $276,000 in premium payments.
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Miami insurance agent charged with creating fake insurance policies was originally posted by ClaimsMate.com Insurance Information Resources

Miami insurance agent charged with creating fake insurance policies

An insurance agent and agency owner confessed to investigators after submitting 38 fake applications and stealing $276,000 in premium payments.
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Miami insurance agent charged with creating fake insurance policies was originally posted by ClaimsMate.com Insurance Information Resources

NY high court gives OK for 9/11 cleanup crews to sue over asbestos exposure

The state’s Court of Appeals ruled that the Battery Park City Authority is a government entity and didn’t have legal standing to challenge Jimmy Nolan’s Law.
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NY high court gives OK for 9/11 cleanup crews to sue over asbestos exposure was originally posted by ClaimsMate.com Insurance Information Resources

3 best practices for a layered cybersecurity program

Although cybersecurity is both broad and complex, some best practices can help prevent hackers from successfully infiltrating your customers' operations.
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3 best practices for a layered cybersecurity program was originally posted by ClaimsMate.com Insurance Information Resources

Delaware Steel Suspension Bridge Gets $35M Dehumidifier

When it gets really humid in your home, envelopes stick together and mold can begin to grow. When humid air gets to the steel cables which support one of the world’s largest suspension bridges it can create a $1 billion …
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Delaware Steel Suspension Bridge Gets $35M Dehumidifier was originally posted by ClaimsMate.com Insurance Information Resources

Arizona’s Use of Database of Driver’s License Photos Prompts Questions

Arizona routinely uses facial-recognition software to scan photos of driver’s license applicants to detect identity fraud. The technology is also for other law enforcement purposes, but that is not explicitly disclosed to applicants – a practice that raises eyebrows among …
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Arizona’s Use of Database of Driver’s License Photos Prompts Questions was originally posted by ClaimsMate.com Insurance Information Resources

Advocates Accuses Texas of Exploiting Day Laborers After Harvey

Guillermo Miranda Vazquez starts his day in a parking lot near the Home Depot where he easily finds work alongside other day laborers who are cleaning up Houston after Hurricane Harvey. Some days, he clears rotted drywall and hauls out …
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Advocates Accuses Texas of Exploiting Day Laborers After Harvey was originally posted by ClaimsMate.com Insurance Information Resources

Supreme Court Conservative Justices Raise Doubts About U.S. Patent Review Process

U.S. Supreme Court justices on Monday appeared divided over whether a federal agency’s in-house process for challenging patents violates the constitutional rights of patent owners, leaving the fate of a system that has led to a high rate of patent …
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Supreme Court Conservative Justices Raise Doubts About U.S. Patent Review Process was originally posted by ClaimsMate.com Insurance Information Resources

Florida Department of Financial Services Names Alexopoulos Farrar Communications Director

Anna Alexopoulos Farrar will join the Department of Financial Services (DFS) as Communications Director, according to a statement by Chief Financial Officer Jimmy Patronis. In this capacity, she will oversee the communications strategy for the department. Alexopoulos Farrar has more …
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Florida Department of Financial Services Names Alexopoulos Farrar Communications Director was originally posted by ClaimsMate.com Insurance Information Resources

Lawsuits Filed Over West Virginia Warehouse Fire

Three lawsuits seeking damages following the industrial warehouse fire that burned for a week in Parkersburg have been moved from state to federal court. The Charleston Gazette-Mail reports that the defendants sought the transfer from Wood County Circuit Court because …
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Lawsuits Filed Over West Virginia Warehouse Fire was originally posted by ClaimsMate.com Insurance Information Resources

Monday, November 27, 2017

Woodruff-Sawyer Names Williams Southern California Practice Leader

Woodruff-Sawyer & Co. has named Brendan Williams its Southern California practice leader. Williams will be assuming leadership of the Southern California region in early 2018 upon the retirement of Ron Packouz, founder and current practice leader in the region. He …
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Woodruff-Sawyer Names Williams Southern California Practice Leader was originally posted by ClaimsMate.com Insurance Information Resources

Who's using what in P&C insurance: Nov. 27, 2017

Generali Global Assistance is teaming up with Lyft. Read that news as well as other tech tidbits from around the Property & Casualty insurance industry.
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Who's using what in P&C insurance: Nov. 27, 2017 was originally posted by ClaimsMate.com Insurance Information Resources

Neon Names Heppell from MS Amlin as CFO

Neon has announced the appointment of Richard Heppell as chief financial officer, effective Nov. 20. Most recently CFO at MS Amlin, Heppell oversaw the complex integration of the Amlin and Mitsui Sumitomo Insurance Lloyd’s syndicates, having previously been finance director …
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Neon Names Heppell from MS Amlin as CFO was originally posted by ClaimsMate.com Insurance Information Resources

UK, Ireland’s Storm Ophelia to Cost Insurers an Estimated $70.1M: PERILS

Insurance losses for Storm Ophelia, which hit Ireland and the United Kingdom on Oct. 16-17, are estimated at €60 million (US$70.1 million), according to PERILS, the independent Zurich-based organization that provides industry-wide catastrophe insurance data. The majority of the damage …
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UK, Ireland’s Storm Ophelia to Cost Insurers an Estimated $70.1M: PERILS was originally posted by ClaimsMate.com Insurance Information Resources

Additional Runway Incidents at San Francisco Airport Under Investigation

U.S. officials are investigating two more incidents at San Francisco International Airport where planes could have wound up on the same runway, the National Transportation Safety Board said . The incidents include an event in December 2016 when a SkyWest …
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Additional Runway Incidents at San Francisco Airport Under Investigation was originally posted by ClaimsMate.com Insurance Information Resources

$8M Suit Filed by Oregon Couple After Death of Daughter in Hot Apartment

An Oregon couple has filed an $8 million lawsuit against their apartment company, claiming their 2-year-old daughter died because a heater in their unit raised the temperature in her room to a lethal level. Portland attorney Jane Paulson, who’s representing …
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$8M Suit Filed by Oregon Couple After Death of Daughter in Hot Apartment was originally posted by ClaimsMate.com Insurance Information Resources

How to Help Clients Protect Payment Processing Systems

The holidays are coming, bringing heightened anticipation. Families look forward to time together, children can’t wait for presents, merchants envision boosted sales and criminals dream of a wealth of unprotected data just waiting to be hacked. Retailers are especially susceptible …
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How to Help Clients Protect Payment Processing Systems was originally posted by ClaimsMate.com Insurance Information Resources

Researchers Tally Most Expensive U.S. Hurricane Season Ever

This year’s U.S. Atlantic hurricane season is officially the most expensive ever, racking up $202.6 billion in damages since the formal start on June 1. The costs tallied by disaster modelers Chuck Watson and Mark Johnson surpass anything they’ve seen …
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Researchers Tally Most Expensive U.S. Hurricane Season Ever was originally posted by ClaimsMate.com Insurance Information Resources

Supreme Court to Hear Whistleblower Retaliation Case

The Supreme Court is set to hear on Nov. 28 a case that could determine whether corporate whistleblowers have the same job protections against retaliation when they report concerns about their employers’ misconduct only to their employers as they do …
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Supreme Court to Hear Whistleblower Retaliation Case was originally posted by ClaimsMate.com Insurance Information Resources

New Study Finds Businesses in 5 States Face Biggest Risk of Getting Sued by Employees

Businesses located in Washington, D.C., Nevada, Delaware, New Mexico and California face the highest risk of being sued by their employees when compared to the national average, according to a new study released by global insurer Hiscox. The study revealed …
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New Study Finds Businesses in 5 States Face Biggest Risk of Getting Sued by Employees was originally posted by ClaimsMate.com Insurance Information Resources

Hub International Acquires the Assets of Massachusetts’ Summit

Global insurance brokerage Hub International Limited (Hub) has acquired the assets of Summit Financial Corporation and Summit Financial Insurance Agency Inc. (Summit). Terms of the acquisition were not disclosed. Headquartered in Burlington, Mass., Summit provides plan design, consulting, actuarial, administration …
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Hub International Acquires the Assets of Massachusetts’ Summit was originally posted by ClaimsMate.com Insurance Information Resources

Why insurance is a low priority for business owners

Even though they may agree that it’s necessary, business owners often grumble when the premium payments are due.
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Why insurance is a low priority for business owners was originally posted by ClaimsMate.com Insurance Information Resources

Ascot Group Launches Bermuda Reinsurer; Berger Appointed CEO

Ascot Group Ltd. has launched Ascot Reinsurance Co. Ltd., after receiving approval from the Bermuda Monetary Authority (BMA). Ascot Re has received an additional injection of $1 billion of funds and has been given an “A” rating by A.M. Best, …
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Ascot Group Launches Bermuda Reinsurer; Berger Appointed CEO was originally posted by ClaimsMate.com Insurance Information Resources

Air filtration devices and water damage claims

Industry standards and company protocols recommend the use of air filtration devices to improve occupant and worker safety.
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Air filtration devices and water damage claims was originally posted by ClaimsMate.com Insurance Information Resources

Air filtration devices and water damage claims

Industry standards and company protocols recommend the use of air filtration devices to improve occupant and worker safety.
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Air filtration devices and water damage claims was originally posted by ClaimsMate.com Insurance Information Resources

Holiday office party disasters and how to avoid them

Effective, proactive steps, if properly planned and implemented, can be extremely valuable in defending an employer against holiday party problems.
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Holiday office party disasters and how to avoid them was originally posted by ClaimsMate.com Insurance Information Resources

Holiday office party disasters and how to avoid them

Effective, proactive steps, if properly planned and implemented, can be extremely valuable in defending an employer against holiday party problems.
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Holiday office party disasters and how to avoid them was originally posted by ClaimsMate.com Insurance Information Resources

States where employee lawsuits are most likely to happen

The 2017 Hiscox Guide to Employee Lawsuits identifies the top 10 states where businesses face the highest risk of being sued by employees.
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States where employee lawsuits are most likely to happen was originally posted by ClaimsMate.com Insurance Information Resources

States where employee lawsuits are most likely to happen

The 2017 Hiscox Guide to Employee Lawsuits identifies the top 10 states where businesses face the highest risk of being sued by employees.
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States where employee lawsuits are most likely to happen was originally posted by ClaimsMate.com Insurance Information Resources

Tourists Stranded, Evacuations Ordered as Bali Volcano’s Eruption Expected

Indonesia closed the airport on the tourist island of Bali on Monday and ordered 100,000 residents living near a glowing volcano spewing columns of ash to evacuate immediately, warning that the first major eruption in 54 years could be “imminent.” …
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Tourists Stranded, Evacuations Ordered as Bali Volcano’s Eruption Expected was originally posted by ClaimsMate.com Insurance Information Resources

Zurich Insurance Plans to Double Allocation to Impact Investments, Earmarking $5B

Zurich Insurance Group AG plans to more than double its allocation to impact investments, earmarking $5 billion for a broader range of assets after devoting $2 billion to green bonds in recent years. While it didn’t specify a period, Zurich …
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Zurich Insurance Plans to Double Allocation to Impact Investments, Earmarking $5B was originally posted by ClaimsMate.com Insurance Information Resources

Uber Reveals Cover-up of Hack Affecting 57M Riders, Drivers

Uber is coming clean about its cover-up of a year-old hacking attack that stole personal information about more than 57 million of the beleaguered ride-hailing service’s customers and drivers. So far, there’s no evidence that the data taken has been …
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Uber Reveals Cover-up of Hack Affecting 57M Riders, Drivers was originally posted by ClaimsMate.com Insurance Information Resources

Jet Pilot Says Colorado Utility to Blame for Canyon Accident

A pilot who snapped power lines while flying through a western Colorado canyon in a former Warsaw Pact-era military training jet says the utility that owned the lines is to blame for the accident. The Grand Junction Daily Sentinel reported …
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Jet Pilot Says Colorado Utility to Blame for Canyon Accident was originally posted by ClaimsMate.com Insurance Information Resources

Iowa Sees Increase in Road Construction Work Zone Deaths

Iowa officials say a surge in construction projects and an increase in miles driven by motorists have led to a high number of people dying in road construction work zone crashes this year. Ten people have died in work zone …
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Iowa Sees Increase in Road Construction Work Zone Deaths was originally posted by ClaimsMate.com Insurance Information Resources