Motorhome Hire Buckhurst Hill

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Motorhome Hire News

Korean Regulators: Insurers Must Boost Capital to Prepare for Aging Population

South Korea’s insurers have been told by regulators to boost capital to prepare for an aging population, with the United Nations predicting a world-beating average life expectancy of 95.5 years by the end of the century. The Financial Supervisory Service …

The article Korean Regulators: Insurers Must Boost Capital to Prepare for Aging Population appeared first on Insurance Journal.

Commercial Rocket Explosion Draws Attention to Space Industry Risk, Oversight

A NASA advisory panel said earlier this year that inadequate funding jeopardized the safety of commercial space cargo shipments, such as the unmanned Orbital Sciences Corp. mission that exploded this week over Virginia. In its annual report released in January, …

The article Commercial Rocket Explosion Draws Attention to Space Industry Risk, Oversight appeared first on Insurance Journal.

Supreme Court Considers Taking Obamacare Tax Credit Case

The fate of President Barack Obama’s healthcare law is again in the hands of the U.S. Supreme Court. Two years after upholding the law by a single vote, the justices are weighing whether to hear a Republican-backed appeal that would …

The article Supreme Court Considers Taking Obamacare Tax Credit Case appeared first on Insurance Journal.

Chubb: No Operations or Employees in U.S. Blacklisted Countries

Chubb Corp. has distanced itself from insurance adjusters in Sudan and Syria after a U.S. Securities and Exchange Commission inquiry into business in nations blacklisted by the U.S. because of terrorism ties. The third-party adjusters who examine marine claims are …

The article Chubb: No Operations or Employees in U.S. Blacklisted Countries appeared first on Insurance Journal.

MetLife to Continue Fight Against Systemic Risk Designation Next Week

MetLife will plead against being branded a super-risky financial firm at a meeting next week with regulators, a company spokesman said, as the U.S. insurer tries to escape oversight by the Federal Reserve. The Financial Stability Oversight Council, a group …

The article MetLife to Continue Fight Against Systemic Risk Designation Next Week appeared first on Insurance Journal.

AIG Offers Loss Control for Corporate Aerospace Customers

American International Group Inc. (AIG) has partnered with Wyvern Consulting, an aviation risk management and safety auditing firm, to launch AirGuard safety and loss control services designed to address safety and regulatory risks faced by corporate flight departments, commercial air …

The article AIG Offers Loss Control for Corporate Aerospace Customers appeared first on Insurance Journal.

German Insurer Uses Phone App to Help Improve Young Driver Safety

Signal Iduna, a German insurance provider, has launched a new car insurance policy through ‘sijox’, its young customer brand. “AppDrive powered by TomTom” uses a smartphone app to provide feedback on driving performance, to help increase road safety awareness for …

The article German Insurer Uses Phone App to Help Improve Young Driver Safety appeared first on Insurance Journal.

Meinschenk Named VP, Sales & Producer Management at CNA Canada

CNA Canada has appointed Paul Meinschenk as vice president of sales & producer management. In this role, Meinschenk is responsible for the development and management of the distribution strategy and sales initiatives to support growth and new profitable products and …

The article Meinschenk Named VP, Sales & Producer Management at CNA Canada appeared first on Insurance Journal.

Aviva New Business Growth Driven by Europe and Asia Operations

Aviva plc, the U.K.’s second-biggest insurer by market value, reported a 15 percent rise in new business in the first nine months of the year, driven by its European and Asian operations. The value of new business, a measure of …

The article Aviva New Business Growth Driven by Europe and Asia Operations appeared first on Insurance Journal.

California Malpractice Proposition Hit by Polls, Studies, Spending

Two recent studies say a proposition on California’s November ballot to raise the pain and suffering cap for medical malpractice lawsuits will increase medical costs and malpractice premiums. The studies and heavy advertising by the opposition to Proposition 46, the Medical Malpractice …

The article California Malpractice Proposition Hit by Polls, Studies, Spending appeared first on Insurance Journal.

PCI Elects Erie’s Cavanaugh As Chair

The Property Casualty Insurers Association of America (PCI) elected new officers to its board of governors during its annual meeting this week in Scottsdale. Terrence W. Cavanaugh, president and CEO of Erie Insurance Group, was elected as PCI’s chair; Jim …

The article PCI Elects Erie’s Cavanaugh As Chair appeared first on Insurance Journal.

Space Station Supply Rocket That Exploded Insured for $50 Million

Authorities on Wednesday started investigating what made an unmanned U.S. supply rocket explode in a fireball moments after lifting off from a launch pad in Virginia, destroying supplies and equipment bound for the International Space Station. The 14-story Antares rocket, …

The article Space Station Supply Rocket That Exploded Insured for $50 Million appeared first on Insurance Journal.

Feds: Engineer’s Sleepiness Caused Bronx Commuter Train Derailment

A sleep-deprived engineer nodded off at the controls of a commuter train just before taking a 30 mph curve at 82 mph, causing a derailment in the Bronx in New York City last year that killed four people and injured …

The article Feds: Engineer’s Sleepiness Caused Bronx Commuter Train Derailment appeared first on Insurance Journal.

NYC Flood Zone Properties’ Value Rose to $129B Under New FEMA Maps

The assessed value of properties in New York City that lie within Federal Emergency Management Agency’s (FEMA) newly proposed 100-year floodplain maps is $129 billion, more than double the value under previous floodplain maps, according to a new analysis. The …

The article NYC Flood Zone Properties’ Value Rose to $129B Under New FEMA Maps appeared first on Insurance Journal.

Oklahoma Judge Throws Out Lawsuit over Earthquake, Disposal Wells

A judge has thrown out a lawsuit over an earthquake that injured a woman, finding that the case should instead be heard by the Oklahoma Corporation Commission. In August, Prague resident Sandra Ladra filed a lawsuit against the operators of …

The article Oklahoma Judge Throws Out Lawsuit over Earthquake, Disposal Wells appeared first on Insurance Journal.

Dollar Tree Stores Recently Fined $262K for Safety Hazards in Texas

National discount chain Dollar Tree Stores Inc., based in Texas, has been cited by the U.S. Department of Labor’s Occupational Safety and Health Administration for willfully and repeatedly exposing workers to serious hazards at its store in Watauga, Texas. Proposed penalties total $262,500. …

The article Dollar Tree Stores Recently Fined $262K for Safety Hazards in Texas appeared first on Insurance Journal.

South Carolina Liquidating Commercial Auto Insurer First Keystone

The South Carolina Department of Insurance last week declared an insurer that specialized in providing commercial auto insurance to be insolvent and the insurer is now being liquidated. The First Keystone Risk Retention Group Inc. wrote taxis and other commercial …

The article South Carolina Liquidating Commercial Auto Insurer First Keystone appeared first on Insurance Journal.

Texas Workers’ Comp Division Seeks Presenters for Safety Summit

The Texas Division of Workers’ Compensation (DWC) is seeking presenters for its 19th Annual Workplace Safety and Health Conference, the Texas Safety Summit, which will be held in Austin on May 19-21, 2015. The statewide conference is open to all segments …

The article Texas Workers’ Comp Division Seeks Presenters for Safety Summit appeared first on Insurance Journal.

Human Factor, Culture Often Overlooked in Climate Debate, Expert Says

When Hurricane Sandy came, Deborah Star Reed stayed home. Irene, the year before, had been over- hyped. Her 1919 concrete house in New York was left unscathed by Donna in 1960 and the “Big One” of 1938. So, on Oct. …

The article Human Factor, Culture Often Overlooked in Climate Debate, Expert Says appeared first on Insurance Journal.

Hub International to Acquire Chicago-Based Laurus Strategies

Insurance brokerage Hub International Limited (Hub) announced its Chicago-area affiliate Hub International Midwest (Hub Midwest) plans to acquire Laurus Strategies (Laurus) from CSIG Holding Co. Laurus is an employee benefits, human resources, and human resource information system (HRIS) global benefits …

The article Hub International to Acquire Chicago-Based Laurus Strategies appeared first on Insurance Journal.

Truckenbrod Joins Lockton Dunning in Minneapolis

Lockton Companies Justin Truckenbrod has joined the company in Minneapolis, Minn., as senior vice president and managing director of the Total Rewards Consulting Practice for Lockton Dunning, the Dallas-based series of Lockton Companies. Truckenbrod will lead Lockton Dunning’s Minneapolis office …

The article Truckenbrod Joins Lockton Dunning in Minneapolis appeared first on Insurance Journal.

Universal Property & Casualty Insurance Licensed in Indiana

Universal Insurance Holdings Inc. announced that its subsidiary, Universal Property & Casualty Insurance Company (UPCIC), has been approved as a licensed insurance entity in Indiana. UPCIC expects to file its homeowners insurance rates and forms with the Indiana Department of …

The article Universal Property & Casualty Insurance Licensed in Indiana appeared first on Insurance Journal.

Boats on Northern Indiana River Targeted by Theives

Thieves are taking batteries and other items from boats docked along a northern Indiana river near South Bend, according to local authorities. St. Joseph County police have received more than a dozen theft reports over the past couple of weeks …

The article Boats on Northern Indiana River Targeted by Theives appeared first on Insurance Journal.

Washington Mudslide Victims’ Families File Lawsuit

Ten families of 14 Oso, Wash. mudslide victims are suing the state, county and a forest owner. The Seattle Times reported the lawsuit alleges the disaster was not natural, but the result of a series of actions and inactions. The …

The article Washington Mudslide Victims’ Families File Lawsuit appeared first on Insurance Journal.

Uber Drivers Pass by Oregon City’s Taxi Regulations

Salem, Ore. urban planning administrator Glen Gross says Uber continues to operate outside taxi regulations, despite a warning letter from the city and negotiations with the ridesharing company. Gross says it will be up to the city council to decide …

The article Uber Drivers Pass by Oregon City’s Taxi Regulations appeared first on Insurance Journal.

Aegis Specialty Opens New Silicon Valley Office

Aegis Specialty Insurance Services has opened a new Silicon Valley office located in Sunnyvale, Calif. The venture is part of Aegis General Insurance Agency, and will be leveraging technology to deliver home, condo and renters insurance through a new platform …

The article Aegis Specialty Opens New Silicon Valley Office appeared first on Insurance Journal.

Tennessee Officials Ask for Help on 16 Arsons

Police are asking for help after a string of fires in East Tennessee that have been ruled arson. Cocke County Sheriff Armando Fontes said there have been 16 arson blazes set since August, mostly in the area of Parrotsville. He …

The article Tennessee Officials Ask for Help on 16 Arsons appeared first on Insurance Journal.

Mississippi County Seeks to Turn April’s Tornado Tragedy Into Opportunity

Six months after a devastating tornado, Winston County’s hospital is still operating out of tents and shipping containers, home rebuilding is sputtering along and it may be another year before a new plywood mill opens. Still, leaders in Louisville say …

The article Mississippi County Seeks to Turn April’s Tornado Tragedy Into Opportunity appeared first on Insurance Journal.

Hedge Funds Move Into Catastrophe Reinsurance

Hedge funds are muscling their way into the market to share the cost of cleaning up after natural catastrophes, but skeptics are questioning whether they will stick around ahead of the next “big one” as underwriting returns fall. Hedge funds …

The article Hedge Funds Move Into Catastrophe Reinsurance appeared first on Insurance Journal.

The Hartford Profit Up 32% in Q3

The Hartford reported third quarter 2014 net income totaled $388 million, up 32 percent from $293 million in third quarter 2013. The insurer said core earnings were $477 million for the three months ended Sept. 30, 2014, up 15 percent …

The article The Hartford Profit Up 32% in Q3 appeared first on Insurance Journal.

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