You are here
Christie Unveils Buyout Offer to New Jersey Flood Victims
Some 350 homeowners in the central New Jersey towns of Sayreville and South River whose properties have flooded repeatedly will be eligible to sell their homes in the first phase of a new federally funded buyback program, New Jersey Gov. …
The article Christie Unveils Buyout Offer to New Jersey Flood Victims appeared first on Insurance Journal.
D.C. Council Holds Hearing on Gun Owner Insurance Proposal
The Council of the District of Columbia held a public hearing Thursday that weighed in on a recent proposal to require liability insurance for all gun owners in Washington, D.C. The bill 20-170, “Firearm Insurance Amendment Act of 2013,” was …
The article D.C. Council Holds Hearing on Gun Owner Insurance Proposal appeared first on Insurance Journal.
Lockton: Companies Overlooking Most Crucial Part of Kidnap & Ransom Insurance
The ransom and extortion industry’s danger zone has expanded well beyond Central and South America, yet companies tend to downplay the importance of a kidnap & ransom insurance policy, according to a new report by Lockton. The report, authored by …
The article Lockton: Companies Overlooking Most Crucial Part of Kidnap & Ransom Insurance appeared first on Insurance Journal.
R.I. Officials Ask Court Not to Delay WC Fine Against Former Nightclub Owners
Rhode Island labor officials have asked the state Supreme Court not to review the $1 million fine levied against the former owners of the Station nightclub. Michael and Jeffrey Derderian are appealing the fine, levied for failing to carry workers …
The article R.I. Officials Ask Court Not to Delay WC Fine Against Former Nightclub Owners appeared first on Insurance Journal.
N.H. Gov. Nominates Sevigny to Continue to Serve as Insurance Commissioner
New Hampshire Gov. Maggie Hassan nominated Roger Sevigny to another five-year term as the state’s insurance commissioner. The governor formally made the nomination Wednesday at the Executive Council meeting. The Executive Council now has to decide whether or not to …
The article N.H. Gov. Nominates Sevigny to Continue to Serve as Insurance Commissioner appeared first on Insurance Journal.
Montana Man Deliberately Crashes Into Insurance Office
Police in Missoula, Mont. say a man who rammed his sport utility vehicle into an insurance office three times was apparently expressing his frustration with the insurance industry. Police say the driver rammed the building Tuesday and then twice backed …
The article Montana Man Deliberately Crashes Into Insurance Office appeared first on Insurance Journal.
Boogaard Family Sues NHL for Son’s Death
The family of a National Hockey League player who died of an accidental overdose of pain medication and alcohol has filed a wrongful death lawsuit in Illinois against the NHL, blaming it for brain damage he suffered as an enforcer …
The article Boogaard Family Sues NHL for Son’s Death appeared first on Insurance Journal.
NWS: At Least 16 Tornadoes in Recent North Texas Outbreak
At least 16 tornadoes have been confirmed in the outbreak in North Texas on May 15, federal weather officials say. Survey teams were sent to Johnson County, Hood County, Parker County, Ellis County and Montague County, the National Weather Service …
The article NWS: At Least 16 Tornadoes in Recent North Texas Outbreak appeared first on Insurance Journal.
Arizona Insurance Agency Chosen for Agency 2020
Hester, Heitel & Associates, an independent insurance agency in Phoenix, Ariz. was chosen to represent “the path to the future for all independent agencies,” announced Consumer Agency Portal LLC, also known as Project CAP, creator of the Agency 2020 program. …
The article Arizona Insurance Agency Chosen for Agency 2020 appeared first on Insurance Journal.
Boston Marathon Relief Fund Guidelines Released
The administrator of a fund created to help victims of the Boston Marathon bombings has released final guidelines for distributing the money. The document released Wednesday gives top priority to the families of those who died, as well as double …
The article Boston Marathon Relief Fund Guidelines Released appeared first on Insurance Journal.
Peterson Joins Elliott, Powell, Baden & Baker in Oregon
Chris Peterson has recently joined Elliott, Powell, Baden & Baker Insurance in Oregon as a commercial insurance producer. Peterson is past president of the Professional Insurance Agents of Oregon and Idaho. He has nearly 15 years of experience insuring Northwest …
The article Peterson Joins Elliott, Powell, Baden & Baker in Oregon appeared first on Insurance Journal.
Five Arrested In California Million-Dollar Mobile Phone Insurance Scam
Five Northern California residents were arrested by California Department of Insurance fraud investigators and booked into the Sacramento County jail and charged with multiple felony counts related to alleged insurance fraud totaling nearly $1 million, according to CDI. Investigators allege …
The article Five Arrested In California Million-Dollar Mobile Phone Insurance Scam appeared first on Insurance Journal.
Florida Catastrophe Fund Financially Stronger on Eve of Hurricane Season
Florida is heading into a new storm season with some good news for once. The state-created fund that backs up private insurers in Florida is in the best financial shape it has been in years — maybe the best since …
The article Florida Catastrophe Fund Financially Stronger on Eve of Hurricane Season appeared first on Insurance Journal.
Missouri Senate Backs Bill to Bolster Second Injury Fund
More than a thousand disabled workers could finally begin receiving payments for their job-related injuries if the Missouri House gives final approval to legislation intended to replenish an insolvent state fund. SB 1, which passed the Senate early on May …
The article Missouri Senate Backs Bill to Bolster Second Injury Fund appeared first on Insurance Journal.
UN: $2.5 Trillion in Global Disaster Losses Since 2000
Economic losses from disasters since 2000 are in the range of $2.5 trillion, a figure at least 50 percent higher than previous international estimates, according to a U.N. report. The U.N. Office for Disaster Risk Reduction warned in the 246-page …
The article UN: $2.5 Trillion in Global Disaster Losses Since 2000 appeared first on Insurance Journal.
Schwab Temporarily Drops Client Class Action Waiver
Charles Schwab Corp. has temporarily reversed its requirement that clients waive their right to bring class-action lawsuits, adding a new twist in a battle closely watched by the securities industry and plaintiffs’ attorneys. “Effective immediately, Schwab is modifying its account …
The article Schwab Temporarily Drops Client Class Action Waiver appeared first on Insurance Journal.
Developing Countries May Not Be Ready for Coming Increased Investment: World Bank
The percentage of global investment that goes to developing countries should triple in the next two decades as emerging economies catch up to richer nations and become more integrated into financial markets, the World Bank predicted in a report on …
The article Developing Countries May Not Be Ready for Coming Increased Investment: World Bank appeared first on Insurance Journal.
Emerging Markets to Lead in Insurance Growth: Munich Re
Emerging markets will see the highest growth in premiums for insurance companies this year and next, while Europe lags, according to the world’s biggest reinsurer, Munich Re. In a study published on Thursday, Munich Re forecast growth in property/casualty insurance …
The article Emerging Markets to Lead in Insurance Growth: Munich Re appeared first on Insurance Journal.
Obama Administration Releases Proposed Fracking Regulations
The Obama administration on Thursday unveiled a new proposal for regulating hydraulic fracturing on federal lands, rolling back some measures from its original, abandoned draft as it sought to ease concerns the rules would be too burdensome for producers. The …
The article Obama Administration Releases Proposed Fracking Regulations appeared first on Insurance Journal.
S&P Cuts Rating on Buffett’s Berkshire Holding Company But Not Insurance Units
Warren Buffett’s Berkshire Hathaway Inc. had its credit rating cut one notch by Standard & Poor’s, which cited a new methodology for evaluating insurers and Berkshire’s dependence on its insurance business for dividend income. The rating was cut to “AA” …
The article S&P Cuts Rating on Buffett’s Berkshire Holding Company But Not Insurance Units appeared first on Insurance Journal.






























