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Motorhome Hire NewsN.Y. Compensation Insurance Rating Board Seeks 16.9% Hike in WC Loss Costs The New York Compensation Insurance Rating Board (NYCIRB) said it submitted to the state’s Department of Financial Services last week a loss-cost filing for an overall average loss cost change of +16.9 percent. A hearing is likely to be scheduled … The article N.Y. Compensation Insurance Rating Board Seeks 16.9% Hike in WC Loss Costs appeared first on Insurance Journal. Crystal & Co. Exec Moves to Hub International in New York Chicago-based broker Hub International’s Northeast division hired Scott Konrad as senior vice president and not-for-profit business practice leader. Based in Hub’s New York City office, Konrad will be responsible to build, brand, grow and lead a specialty practice serving the … The article Crystal & Co. Exec Moves to Hub International in New York appeared first on Insurance Journal. N.Y. Assembly’s Anti-Concurrent Causation Bill Moves Forward The New York State Assembly’s insurance committee on Thursday approved a bill that would prohibit the insurer’s use of anti-concurrent causation (ACC) clauses in the state. The bill, A07455, is now eligible to be voted on by the entire Assembly. … The article N.Y. Assembly’s Anti-Concurrent Causation Bill Moves Forward appeared first on Insurance Journal. 2 Sentenced for Insurance Fraud in Ohio Ohio Lieutenant Governor and Department of Insurance Director Mary Taylor announced that two insurance fraud investigations have led to criminal convictions in the Columbus and Cleveland areas. The cases were related to insurance claim padding totaling nearly $20,000. Randall Stewart, … The article 2 Sentenced for Insurance Fraud in Ohio appeared first on Insurance Journal. Ohio Firm Launches Program Aimed at Opioid Abuse in Workers’ Comp Lewis Center, Ohio-based Modern Medical announced the nationwide roll out of a program designed stop the rise of opioid abuse in the workers’ compensation industry. Opioid Defense Manager (ODM) was launched in November 2012 in a test phase, the company … The article Ohio Firm Launches Program Aimed at Opioid Abuse in Workers’ Comp appeared first on Insurance Journal. Weather Service: Kansas Weekend Tornado Was an EF4 The National Weather Service says a tornado that traveled seven miles across rural western Kansas during the weekend was an EF4, with winds of 165 to 185 mph. The report from the agency’s Dodge City office follows a survey of … The article Weather Service: Kansas Weekend Tornado Was an EF4 appeared first on Insurance Journal. No New Federal Funds Needed for Oklahoma Tornado Recovery Top U.S. lawmakers and officials said that the federal government has plenty of money on hand to pay for recovery efforts in the wake of the devastating tornado that struck Oklahoma. The government has more than $11 billion in its … The article No New Federal Funds Needed for Oklahoma Tornado Recovery appeared first on Insurance Journal. Louisiana’s Sen. Landrieu Seeks to Delay Flood Insurance Increases Sen. Mary Landrieu filed legislation this week to delay flood insurance increases for many residents and businesses in southern Louisiana that officials fear could begin skyrocketing at the end of the year. The National Flood Insurance Program reauthorization was approved … The article Louisiana’s Sen. Landrieu Seeks to Delay Flood Insurance Increases appeared first on Insurance Journal. Oklahoma City Mayor: Up to 13K Homes Hit by Tornado Oklahoma City Mayor Mick Cornett says 12,000 to 13,000 homes were affected by the tornado that tore through a city suburb. At least 24 people died when the tornado laid waste to Moore on May 20. The Oklahoma Insurance Department … The article Oklahoma City Mayor: Up to 13K Homes Hit by Tornado appeared first on Insurance Journal. Idaho State University To Pay $400K For Medical Records Breach Idaho State University is paying a $400,000 to the federal government to settle allegations it improperly exposed confidential medical records. In August 2011, ISU told the U.S. Department of Health and Human Services of a breach of its unsecured electronic … The article Idaho State University To Pay $400K For Medical Records Breach appeared first on Insurance Journal. 1-3 Tropical Cyclones Expected For Central Pacific It’s looking like it’ll be a below-normal hurricane season for the central Pacific. The National Oceanic and Atmospheric Administration issued its 2013 central Pacific hurricane outlook Wednesday at a news conference in Honolulu. Hurricane season starts June 1 and runs … The article 1-3 Tropical Cyclones Expected For Central Pacific appeared first on Insurance Journal. Guest Workers in Mississippi Sue Company, Claim Exploitation Dozens of Indian guest workers are suing a U.S.-based marine and fabrication company, saying it financially exploited them and forced them to live in squalid conditions after bringing them to work at Gulf Coast shipyards after Hurricane Katrina in 2005. … The article Guest Workers in Mississippi Sue Company, Claim Exploitation appeared first on Insurance Journal. Judge Recuses Herself from West Virginia University Degree Lawsuit U.S. District Judge Irene Keeley has disqualified herself from hearing a lawsuit filed over a 6-year-old degree scandal at West Virginia University, citing a federal statute that requires judges to step aside if their impartiality could be questioned. The order … The article Judge Recuses Herself from West Virginia University Degree Lawsuit appeared first on Insurance Journal. California Offers Glimpse Into Health Insurance Prices Under Obamacare California unveiled prices on Thursday that consumers will pay for a selection of health plans offered through the state under the Affordable Care Act, providing a glimpse into how health care reform may look as it is rolled out across … The article California Offers Glimpse Into Health Insurance Prices Under Obamacare appeared first on Insurance Journal. Bridge Collapse in Washington Cripples Highway Near Seattle A section of a major interstate highway bridge in Washington state collapsed yesterday, sending two vehicles into the rushing waters of the Skagit River north of Seattle. Three people were rescued and no one is believed to have died, authorities … The article Bridge Collapse in Washington Cripples Highway Near Seattle appeared first on Insurance Journal. 76 Tornadoes in May Caused $2B-$5B in Insured Losses: Eqecat Tornadoes that struck the United States from May 18 to May 20 caused anywhere from $2 billion to $5 billion in insured losses, disaster modeling company Eqecat said. The firm said most of the losses were attributed to the tornado … The article 76 Tornadoes in May Caused $2B-$5B in Insured Losses: Eqecat appeared first on Insurance Journal. EU Lawmakers Back French Demands to Limit U.S. Trade Talks European Union lawmakers voted on Thursday to limit the scope of a proposed free-trade deal between Europe and the United States, backing French demands to leave out culture and potentially irritating Washington. The European Parliament, which can veto EU trade … The article EU Lawmakers Back French Demands to Limit U.S. Trade Talks appeared first on Insurance Journal. Marsh to Acquire Peru Insurance Advisor Rehder y Asociados Global broker Marsh Inc. announced that it has reached a definitive agreement to acquire the Rehder y Asociados Group, an insurance advisor in Peru. Marsh said the “business includes the insurance broker Rehder y Asociados and employee health and benefits … The article Marsh to Acquire Peru Insurance Advisor Rehder y Asociados appeared first on Insurance Journal. ACE Receives Approval for Myanmar Representative Office The ACE Group said it has received provisional approval from Myanmar’s Directorate of Investment and Company Administration to establish a representative office in the country. ACE said it is now completing the registration process with the relevant Myanmar authorities with … The article ACE Receives Approval for Myanmar Representative Office appeared first on Insurance Journal. ABI Approves UK Government Plan to Highlight Insurers’ Global Role A bulletin from the Association of British Insurers (ABI) notes that the UK’s Financial Secretary to the Treasury Greg Clark announced on Tuesday May, 21 that the Government has outlined a “strategy for the insurance sector to enhance its position … The article ABI Approves UK Government Plan to Highlight Insurers’ Global Role appeared first on Insurance Journal. S&P Applies Revised Insurance Criteria to 22 Reinsurers and Subs Standard & Poor’s Ratings Services announced that it has reviewed its ratings on 22 large global reinsurance groups by applying its new ratings criteria for insurers, which were published on May 7, 2013. (See the Ratings List for the ratings … The article S&P Applies Revised Insurance Criteria to 22 Reinsurers and Subs appeared first on Insurance Journal. Schinnerer Introduces Stand-Alone Workers’ Comp Underwriting manager Victor O. Schinnerer & Co. has introduced a new stand-alone workers’ compensation program. Schinnerer will serve as a program access point for retail agents and brokers. The stand-alone coverage, offered through an A-rated insurance carrier, is available for … The article Schinnerer Introduces Stand-Alone Workers’ Comp appeared first on Insurance Journal. Conn.-Based SPARTA Insurance Names Chief Underwriting Officer Hartford, Conn.-based SPARTA Insurance Co. promoted Tom Colosi to chief underwriting officer effective June 1. He has been serving as senior vice president of underwriting since joining SPARTA last November. Prior to joining SPARTA, Colosi led The Hartford’s countrywide group … The article Conn.-Based SPARTA Insurance Names Chief Underwriting Officer appeared first on Insurance Journal. Fireman’s Fund Names Commercial Insurance Field Executive in N.J. Novato, Calif.-based Fireman’s Fund Insurance Company appointed Erik Matson to the position of commercial insurance field executive.In this role, Matson will be responsible for growing Fireman’s Fund’s commercial insurance business, including middle market, small business and farm & ranch business. … The article Fireman’s Fund Names Commercial Insurance Field Executive in N.J. appeared first on Insurance Journal. SeaFire Insurance Seeks Agency Partners in Penn., N.J. Overland Park, Kan.-based SeaFire Insurance Services said it is seeking new agency partners in Pennsylvania and New Jersey for its exclusive auto dealer and repair insurance program. SeaFire said it will consider appointments for retail insurance agencies with scale, brand, … The article SeaFire Insurance Seeks Agency Partners in Penn., N.J. appeared first on Insurance Journal. $3.7B in Additional Sandy Relief Aid Announced for N.Y., N.J. Transit Agencies U.S. Transportation Secretary Ray LaHood announced on Thursday an additional $3.7 billion in disaster relief funds to help the four major transit agencies in New York and New Jersey that sustained the greatest damage from Hurricane Sandy. In addition to … The article $3.7B in Additional Sandy Relief Aid Announced for N.Y., N.J. Transit Agencies appeared first on Insurance Journal. Auto Glass Steering Bill Moves to Conn. Governor A Connecticut bill that would expand a ban on steering by auto damage appraisers to include glass repairs is moving to the governor’s desk. The state Senate voted Wednesday, 34-2, in favor of a bill requiring an insurance company or … The article Auto Glass Steering Bill Moves to Conn. Governor appeared first on Insurance Journal. Senate Votes to Cut Crop Insurance Subsidies to Wealthiest Farmers The wealthiest 20,000 U.S. farmers should pay more for taxpayer subsidized crop insurance, the Senate voted on Thursday, adopting a measure that blended deficit reduction, populism and farm program reform. Senators approved the amendment by a lopsided 59-33 vote, in … The article Senate Votes to Cut Crop Insurance Subsidies to Wealthiest Farmers appeared first on Insurance Journal. Sharkproof part 3 – Influence                             Shark Proof The three I’s in Shark proofing are Insulation –Investment – Influence In the first two installments, we covered Insulation & Investment. Today I finish the series with Influence. As you remember, a ” Shark” is what I … The article Sharkproof part 3 – Influence appeared first on Insurance Journal. Atlantic Coast Can Expect 3 to 6 Major Hurricanes This Season: NOAA The government’s weather center is forecasting that this year’s Atlantic hurricane season that begins June 1 will be an active one, perhaps even extremely active, during its six months. Experts at the National Oceanographic and Atmospheric Administration (NOAA) said there … The article Atlantic Coast Can Expect 3 to 6 Major Hurricanes This Season: NOAA appeared first on Insurance Journal. |
