News – Insurance Journal
|Judge Orders Georgia Vidalia Onion Farmer to Pay $1.4M in Overtime Suit
One of the largest producers of Georgia’s famous Vidalia onions must pay $1.4 million in damages and unpaid overtime owed to hundreds of workers, a federal judge ruled. A U.S. District Court judge found that Bland Farms Production and Packing …
POSTED OCTOBER 23, 2017 4:57 PM
|2 Missing After Barge Fire Off Texas Coast
The U.S. Coast Guard searched for two missing crew members on Saturday from a crude oil-bearing barge that caught fire off the Texas coast. Coast Guard spokeswoman Jennae Steinmiller says that emergency responders are also working to contain the spread …
POSTED OCTOBER 23, 2017 4:54 PM
|3 Arrested For Stealing $13K in Equipment From West Virginia Coal Company
Authorities have arrested three people after a burglary at a southern West Virginia coal company. Wyoming County Sheriff’s Chief Deputy Jimmy White tells The Register-Herald the department heard two masked people were going toward Brooks Run Coal Company Oct. 4 …
POSTED OCTOBER 23, 2017 4:54 PM
|CNA Appoints Wilson Senior VP, Underwriting Services
Chicago-based insurer CNA has named Katie Wilson as senior vice president, underwriting services, within the company’s Commercial unit. In this role, Wilson is responsible for driving the overall strategic direction and general management of Underwriting Services. Wilson reports to Julie …
POSTED OCTOBER 23, 2017 4:53 PM
|Mahaffey Promoted to Transportation Underwriter in J.M. Wilson’s Ohio Office
Managing general agency and surplus lines broker J.M. Wilson has promoted Seth Mahaffey to transportation underwriter in its Westerville, Ohio, office. Mahaffey is responsible for quoting new and renewal accounts for a wide variety of commercial transportation risks, as well …
POSTED OCTOBER 23, 2017 4:48 PM
|H.W. Kaufman Group Opens New Burns & Wilcox Office in Grand Rapids, Michigan
H.W. Kaufman Group has opened a new office for wholesale insurance broker and underwriting manager, Burns & Wilcox, in Grand Rapids, Michigan. The opening of the new location follows the acquisition of Grand Rapids-based Chlystek & White Insurance Services in …
POSTED OCTOBER 23, 2017 4:41 PM
|Clanton Joins Lockton in Nebraska
Kansas City-based global insurance broker Lockton has added Brian Clanton to its Nebraska operation. Bringing more than 20 years of industry expertise, Clanton will work with businesses to develop solid insurance, risk management and employee benefits programs. Prior to joining …
POSTED OCTOBER 23, 2017 4:37 PM
|Governor Evacuated from Beach Boys Concert as Oklahoma Hit with Severe Storms
Emergency managers and the National Weather Service are surveying damage from storms that spawned as many as four tornadoes in southwest Oklahoma. Meteorologist John Pike says officials were in Tillman, Comanche, McClain and Seminole counties early Sunday, where the tornadoes …
POSTED OCTOBER 23, 2017 4:29 PM
|Food Poisoning at Louisiana Fundraiser Blamed for 1 Death; More than 100 Sickened
Louisiana health officials say a second bacterium apparently contributed to the mass food poisoning that may have killed one person and apparently sickened more than 100 people who ate at a fundraiser. Assistant State Health Officer Dr. Parham Jaberi says …
POSTED OCTOBER 23, 2017 4:26 PM
|Another Johnson Talc Cancer Verdict Reversed; Judge Cites Trial Errors, Jury Misconduct
A California judge on Friday threw out a $417 million verdict against Johnson & Johnson in a lawsuit by a woman who claimed she developed ovarian cancer after using its talc-based products like Johnson’s Baby Powder for feminine hygiene. The …
POSTED OCTOBER 23, 2017 3:55 PM
Property Casualty 360
|Who’s using what in P&C insurance: Oct. 23, 2017
Technology news from Betterview, AXIS Insurance, Duck Creek, 3rd Eye, Gorilla Safety, Gridiron Insurance Underwriters, Snapsheet and more...
POSTED OCTOBER 23, 2017 1:35 PM
|General Motors agrees to $120M ignition switch settlement with states
The states claimed GM employees knew as early as 2004 that the ignition switch could be a safety risk. But recalls were delayed for years.
POSTED OCTOBER 23, 2017 1:30 PM
|The Hartford, Aetna deal designed to enhance tech-driven differentiation
The Hartford has entered into a definitive agreement to acquire Aetna’s U.S. group life and disability business for cash consideration of $1.45 billion. Here's what it means for you.
POSTED OCTOBER 23, 2017 1:05 PM
|Insurance agency M&A on record-setting pace in 2017, OPTIS Partners reports
Insurance agency mergers and acquisitions continue at a fast pace in the third quarter.
POSTED OCTOBER 23, 2017 10:00 AM
|Protecting against cyber risks
Today’s 'beasts' can look like viruses, ransomware, denial of services (DOS) attacks or data breaches for businesses.
POSTED OCTOBER 23, 2017 9:00 AM
|Florida insurance commissioner eyes workers' comp rate cut
Fewer workers are filing workers' compensation claims, helping lower the costs Florida employers will pay for insurance next year.
POSTED OCTOBER 23, 2017 6:00 AM
|Get ready: A cyber attack is coming
Cyber attacks are almost inevitable, which makes them somewhat of a predictable business risk.
POSTED OCTOBER 23, 2017 5:00 AM
|Top 10 cities attracting millennial homebuyers
When they want to start settling down, many millennials are opting for the quieter life paired with plenty of career opportunities.
POSTED OCTOBER 23, 2017
|Northern California wine industry picks up pieces after wildfires
The numbers are numbing: more than 5,700 homes, businesses, and wineries destroyed or damaged, more than 200,000 acres burned in total, and many vineyards singed and torched.
POSTED OCTOBER 20, 2017 2:10 PM
|California wildfires to cost insurers over $4.6 billion, Moody’s reports
The wildfires in northern California are expected to be among the costliest ever for P&C insurers, according to a new Moody's report.
POSTED OCTOBER 20, 2017 1:40 PM