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Motorhome Hire News

Idahoans to See Slight Reduction in Workers’ Comp Rates in 2015

The Idaho Department of Insurance this week announced Idaho’s overall workers’ compensation premium rates will be reduced by an average of 0.2 percent for 2015. “This slight rate decrease is an indicator of the stability of workers’ compensation coverage in …

The article Idahoans to See Slight Reduction in Workers’ Comp Rates in 2015 appeared first on Insurance Journal.

Bauer Joins Integro’s Casualty Practice in Oregon

Insurance brokerage and risk management firm Integro has named Kate Bauer as vice president in its casualty practice. Bauer will be based in Portland, Ore. and she will work with Integro clients to develop and deliver customized risk strategies and …

The article Bauer Joins Integro’s Casualty Practice in Oregon appeared first on Insurance Journal.

Virgin Galactic Spaceship Crashes; Co-Pilot Reported Dead

A spacecraft for Richard Branson’s Virgin Galactic Ltd. tourism operator crashed during a test flight in California’s Mojave Desert, killing the co-pilot and injuring the pilot. The pilot ejected and suffered “moderate to major injuries,” Kern County Sheriff’s spokesman Ray …

The article Virgin Galactic Spaceship Crashes; Co-Pilot Reported Dead appeared first on Insurance Journal.

Pennsylvania’s Mcare Fund Assessment Down 48% for 2015 Coverage

Pennsylvania Gov. Tom Corbett announced the assessment for the state’s Medical Care Availability and Reduction of Error (Mcare) Fund — a medical liability coverage fund run by the state — will decrease 48 percent for 2015 coverage. Corbett said on …

The article Pennsylvania’s Mcare Fund Assessment Down 48% for 2015 Coverage appeared first on Insurance Journal.

Louisiana’s Direct Action Statute’s Effect on Claims-Made Policy Notice Provisions

Typical claims-made insurance policies require claims to be both made and reported within the applicable policy period. Under this type of policy, the risk of a claim incurred but not made, as well as a claim made but not reported, …

The article Louisiana’s Direct Action Statute’s Effect on Claims-Made Policy Notice Provisions appeared first on Insurance Journal.

Millions Unclaimed in Ohio Workers’ Comp Overcharge Case

The law firm handling a $420 million state settlement over Ohio employers being overcharged for workers’ compensation premiums says millions of dollars weren’t claimed by the deadline. The Bricker & Eckler law firm tells The Columbus Dispatch that 35,000 claims …

The article Millions Unclaimed in Ohio Workers’ Comp Overcharge Case appeared first on Insurance Journal.

Integro Adds Duncan as VP in Chicago

International insurance brokerage and risk management firm Integro announced that Lisa Duncan has rejoined the firm as vice president in the property practice. She will be based in Chicago. Duncan returns to Integro from the London-based retailer Burberry, where she …

The article Integro Adds Duncan as VP in Chicago appeared first on Insurance Journal.

Oklahoma Homeowners Benefit from Improved Fire Protection Rating

Homeowners in eastern Cleveland County in Oklahoma could soon pay less for property insurance as result of an improved Public Protection Classification (PPC) for the Cedar Country Fire Protection District, the Oklahoma Insurance Department announced. The Insurance Services Office (ISO) …

The article Oklahoma Homeowners Benefit from Improved Fire Protection Rating appeared first on Insurance Journal.

First Trial Over ‘Moldy’ Washers Ends with Win for Whirlpool

Michigan-based Whirlpool Corp has been found not liable by a U.S. jury in the first lawsuit to go to trial accusing the company of selling front-loading washing machines containing a design flaw that made them prone to developing mold. The jury …

The article First Trial Over ‘Moldy’ Washers Ends with Win for Whirlpool appeared first on Insurance Journal.

Oregon Lawmakers Told By Oracle Lawsuit is a Waste Of Money

Oracle Corp. is appealing to Oregon legislative leaders in the legal fight over the failed Cover Oregon health insurance website. In a letter sent last week to Senate President Peter Courtney and House Speaker Tina Kotek, Oracle CEO Safra Catz …

The article Oregon Lawmakers Told By Oracle Lawsuit is a Waste Of Money appeared first on Insurance Journal.

Oregon City Threatens to Fine Uber

The city of Eugene, Ore. has ordered the Uber ridesharing company to cease operations or be fined. The Register-Guard reported Uber has refused to apply for a taxi license since its drivers began operating in Eugene last summer. The city …

The article Oregon City Threatens to Fine Uber appeared first on Insurance Journal.

Deputy in Washington Acquitted Of Insurance Fraud

A Spokane, Wash. sheriff’s deputy accused of filing false claims for snow damage has been acquitted of insurance fraud charges. A jury in Spokane returned the acquittal this week for Deputy Jeremey B. Jeske after a two-day trial. His lawyer, Rob …

The article Deputy in Washington Acquitted Of Insurance Fraud appeared first on Insurance Journal.

Mississippi’s Leflore County Adopts New Statewide Building Code

The Leflore County Board of Supervisors has adopted the 2012 International Building Code, which means new construction will have to adhere to a set of uniform standards. Under a new state law, Mississippi counties have a Nov. 30 deadline to …

The article Mississippi’s Leflore County Adopts New Statewide Building Code appeared first on Insurance Journal.

Florida Tourist Spots Toughen Safety Rules for Rental Scooters

Some tourist cities in Florida and elsewhere are concerned about the safety of rented motor scooters. Panama City Beach recently enacted new regulations requiring rental companies to carry insurance, provide renters with neon safety vests and pamphlets with safety information. …

The article Florida Tourist Spots Toughen Safety Rules for Rental Scooters appeared first on Insurance Journal.

A Guide to Homeowners’ Liability for Injury to Trick or Treaters

Halloween pranks. Google this phrase and more than 5 million results link you to a myriad of ways to “mess with peoples’ minds” on Halloween. Some of the recommended pranks require a higher education to understand; some ideas are, well, …

The article A Guide to Homeowners’ Liability for Injury to Trick or Treaters appeared first on Insurance Journal.

Top 25 D&O Insurers Show Healthy Growth: SNL

Direct premiums written for the directors’ and officers’ liability insurance industry grew 7.35 percent year over year in the first half of 2014, rising to $2.91 billion, according to an SNL Financial analysis of monoline D&O policies. Growth in written …

The article Top 25 D&O Insurers Show Healthy Growth: SNL appeared first on Insurance Journal.

Trends Support Positive Outlook for Homeowners Insurance: Aon Benfield

Emerging trends support a positive profit outlook for homeowners insurers, a leading broker believes.. Reinsurance broker Aon Benfield’s 2014 Homeowners ROE Outlook concludes that insurers’ prospective after-tax return-on-equity (ROE) for homeowners insurance is 7.9 percent on a countrywide average, up …

The article Trends Support Positive Outlook for Homeowners Insurance: Aon Benfield appeared first on Insurance Journal.

Uber Ridesharing Serving Kids and Their Busy Parents

As the oldest of three kids, Baily Deeter was often the last to be picked up from school by his mother. Then Uber Technologies Inc. came along. When Baily started ninth grade in August, his parents gave him an account …

The article Uber Ridesharing Serving Kids and Their Busy Parents appeared first on Insurance Journal.

Zombie Storms Cause Damage After Hurricanes

A hurricane may lose its name, its structure and even its place on National Hurricane Center tracking maps. None of that is a guarantee the storm’s meteorological energy won’t keep making mischief. While still dangerous storm remnants—let’s call them zombie …

The article Zombie Storms Cause Damage After Hurricanes appeared first on Insurance Journal.

Florida Arrests 5 in Alleged Insurance Fraud Scheme

Florida Chief Financial Officer Jeff Atwater announced the arrests of attorneys, chiropractors and clinic employees involved in an organized personal injury protection (PIP) fraud scheme. Atwater said the five arrests were made in Martin, Miami-Dade and Palm Beach counties, following …

The article Florida Arrests 5 in Alleged Insurance Fraud Scheme appeared first on Insurance Journal.

The Hartford Offers Safety Rewards, Discounts for Commercial Auto

The Hartford is offering small and midsize businesses the opportunity to receive commercial auto insurance premium discounts and rewards for safety. The company has also expanded its quoting system for agents and brokers to include small commercial auto coverage. The …

The article The Hartford Offers Safety Rewards, Discounts for Commercial Auto appeared first on Insurance Journal.

Best Revises Outlook for Union Insurance in United Arab Emirates

A.M. Best has revised the outlook to positive from stable for the issuer credit rating (ICR) of Union Insurance Company P.S.C. (Union) (United Arab Emirates). At the same time, A.M. Best has affirmed the financial strength rating (FSR) of B++ (Good) and the …

The article Best Revises Outlook for Union Insurance in United Arab Emirates appeared first on Insurance Journal.

A.M. Best Upgrades Rating of Greenlight Reinsurance Ireland

A.M. Best has upgraded the financial strength rating (FSR) to A (Excellent) from A- (Excellent) and the issuer credit rating (ICR) to “a” from “a-” of Greenlight Reinsurance Ireland Limited. Concurrently, A.M. Best has affirmed the FSR of A (Excellent) and the ICR …

The article A.M. Best Upgrades Rating of Greenlight Reinsurance Ireland appeared first on Insurance Journal.

Tropical Storm Heads to Mexico’s Western Coast

With just about a month left in the eastern Pacific’s hurricane season, Mexico is once again the target of a tropical system on its western coast. The latest system, Tropical Storm Vance, was drifting west in the Pacific Ocean with …

The article Tropical Storm Heads to Mexico’s Western Coast appeared first on Insurance Journal.

Africa Provides Insurers With New Business Opportunities

Global insurance companies are flocking to Africa, where millions of people have started earning enough to afford business cover and protection for their families, said private equity firm LeapFrog Investments. “We’re at an immense inflection point in history where millions of people …

The article Africa Provides Insurers With New Business Opportunities appeared first on Insurance Journal.

Connecticut Family Sues Over School’s Ebola Fears

The father of a Connecticut third-grader filed a federal lawsuit Tuesday saying his daughter has been unfairly barred from school amid fears she may have been exposed to the Ebola virus while in Africa. Ikeoluwa Opayemi and her family, who …

The article Connecticut Family Sues Over School’s Ebola Fears appeared first on Insurance Journal.

Regulator Takes Focus on Climate Change Preparedness

With a calm demeanor and in a somewhat scientific tone he doesn’t mind using while explaining his stance on something, Mike Kreidler stood by his decision to call out the insurance industry and the rest of the nation’s insurance commissioners …

The article Regulator Takes Focus on Climate Change Preparedness appeared first on Insurance Journal.

Boston Mayor: City Made Significant Strides in Preparing for Climate Change

Boston has made significant strides in preparing for major natural disasters, rising sea levels and other impacts to the ever-changing climate, Mayor Martin Walsh said on the two-year anniversary of Superstorm Sandy. Speaking at the Architecture Boston Expo at the …

The article Boston Mayor: City Made Significant Strides in Preparing for Climate Change appeared first on Insurance Journal.

Integro Hires Stearns as Global Marine Practice Principal in New York

Insurance brokerage and risk management firm Integro hired Robert Stearns as a principal for the firm’s Global Marine practice in New York. He is responsible for the design, structure, placement and servicing of marine liability and marine hull insurance programs. …

The article Integro Hires Stearns as Global Marine Practice Principal in New York appeared first on Insurance Journal.

Selective Insurance’s Q3 Profit Rises 63% to $53M

Selective Insurance Group reported $53.2 million net income for its 2014 third quarter, a 62.7 percent increase from $32.7 million net income during the third quarter of 2013. The Branchville, New Jersey-based insurer’s operating income for the third quarter was …

The article Selective Insurance’s Q3 Profit Rises 63% to $53M appeared first on Insurance Journal.

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