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Motorhome Hire NewsMichigan Democrats Lay Out Auto Insurance Bills Detroit’s Democratic state House Caucus is laying out an effort to change Michigan’s auto insurance policies. The package of legislation was revealed during a news conference in Detroit. Republicans control the state Legislature. Under the proposal, insurance companies couldn’t use … The article Michigan Democrats Lay Out Auto Insurance Bills appeared first on Insurance Journal. Reinsurance Group of America to Hire Hundreds in St. Louis Area A St. Louis, Mo.-based insurance company has vowed to add at least 300 employees within five years. The Reinsurance Group of America discussed the hiring spree while breaking ground on a new, $140 million headquarters complex in suburban Chesterfield. RGA … The article Reinsurance Group of America to Hire Hundreds in St. Louis Area appeared first on Insurance Journal. Wisconsin Police Aggressive in Redacting Accident Reports Brenda O’Malley figured she’d get the police accident report and file an insurance claim after her teenage daughter got into a car accident in Sheboygan Falls this past spring. But the report turned out to be so redacted – or … The article Wisconsin Police Aggressive in Redacting Accident Reports appeared first on Insurance Journal. Oklahoma Schools Destroyed by Tornado Lacked ‘Safe Rooms’ In Moore, Oklahoma, an area residents call Tornado Alley because it’s struck by more ferocious twisters than anywhere in the U.S., two schools destroyed by yesterday’s storm lacked “safe room” shelters that would have cost $600,000 to $1 million per … The article Oklahoma Schools Destroyed by Tornado Lacked ‘Safe Rooms’ appeared first on Insurance Journal. Record Rain Leading to Flooding in North Dakota Heavy rains that have been falling since late last week have led to flooding in North Dakota that has forced some residents from their homes and threatened a dam. Water from a creek and water that is moving overland flooded … The article Record Rain Leading to Flooding in North Dakota appeared first on Insurance Journal. Nevada Senate Approves Driving Privilege Cards The Nevada Senate has overwhelming approved a bill authorizing driving privilege cards for non-U.S. residents. Monday’s vote was 20-1. SB303 now goes to the Assembly where passage is expected. Republican Gov. Brian Sandoval also backs the proposal. Democratic Senate Majority … The article Nevada Senate Approves Driving Privilege Cards appeared first on Insurance Journal. Colorado Stoned-Driving Bill Attracts Lawsuit A frequent marijuana user who says Colorado’s pending pot DUI legislation violates the constitution is suing to block the bill. Brandon Baker, of Nunn, said he uses marijuana for religious reasons and that the blood limit at which drivers would … The article Colorado Stoned-Driving Bill Attracts Lawsuit appeared first on Insurance Journal. Edison, CPUC Reach $37M Settlement on Southern California Fire The California Public Utilities Commission has reached a proposed $37 million settlement with Southern California Edison over fallen power lines blamed for starting the October 2007 Malibu Canyon Fire. Santa Ana winds knocked three jointly owned utility poles to the … The article Edison, CPUC Reach $37M Settlement on Southern California Fire appeared first on Insurance Journal. Shestack to Lead New AmWINS Voluntary Benefits Practice Wholesale insurance broker AmWINS Group Benefits has opened a voluntary benefits division to offer supplemental benefits to benefit professionals and their clients including life, dental, vision, accident, short-term disability, critical illness, cancer and medical gap insurance. The Voluntary Benefits Practice … The article Shestack to Lead New AmWINS Voluntary Benefits Practice appeared first on Insurance Journal. Georgia’s Denham Agency Joins Keystone Group The Denham Agency, an Americus-based insurance agency, has become the 14th Keystone Insurers Group partner in Georgia. The Denham Agency was established in 1984 by current president Mike Denham. In 2011, the agency formed a satellite office in Cordele, Georgia. … The article Georgia’s Denham Agency Joins Keystone Group appeared first on Insurance Journal. Miami-Dade School Officers Settle Sex Abuse Claims Against Police Chief Two female police officers with the Miami-Dade County school system have settled lawsuits accusing the former police chief of sexually harassing them. Cmdr. Deanna Fox-Williams and Officer Yewande Gibson claimed in the lawsuits that former chief Charles Hurley asked them … The article Miami-Dade School Officers Settle Sex Abuse Claims Against Police Chief appeared first on Insurance Journal. Costs Outpace Resources for Volunteer Firefighters in Mississippi Fire trucks and other firefighting equipment cost a lot of money, and prices are rising, so Warren County volunteer districts are looking to possibly seek an increase in property taxes. “We’re getting squeezed and squeezed by costs,” said Chuck Tate, … The article Costs Outpace Resources for Volunteer Firefighters in Mississippi appeared first on Insurance Journal. Property Market Stayed Stable in Q1; Sandy Effect on Rates Muted: Marsh The property insurance market remained relatively stable and competitive in the first quarter of 2013, with few changes to limits purchased and deductibles, according to a benchmarking report from broker Marsh. Superstorm Sandy, which hit the Northeast in the fall … The article Property Market Stayed Stable in Q1; Sandy Effect on Rates Muted: Marsh appeared first on Insurance Journal. Prosecutors Weigh Using Racketeering Law Against SAC U.S. prosecutors are considering charging Steven A. Cohen’s SAC Capital Advisors as a criminal enterprise engaged in a long pattern of insider trading in stocks, according to a person familiar with the matter. Prosecutors may use the Racketeer Influenced and … The article Prosecutors Weigh Using Racketeering Law Against SAC appeared first on Insurance Journal. U.S. Spending on Specialty Medications Will Rise 67%: Report Spending in the U.S. on specialty drugs used to treat serious diseases is projected to increase 67 percent by the end of 2015, according to a forecast by pharmacy benefit management firm Express Scripts. Specialty medicines are those used to … The article U.S. Spending on Specialty Medications Will Rise 67%: Report appeared first on Insurance Journal. Employer Contraception Mandate Headed to Court for Ban Ruling The U.S. law requiring employers to provide health insurance coverage for birth control is set to come before an appeals court in cases brought by two businesses whose owners say they operate according to Catholic doctrine. The businesses, a construction … The article Employer Contraception Mandate Headed to Court for Ban Ruling appeared first on Insurance Journal. Jacobson Completes Merger with UK’s ejsSearch The Chicago-based Jacobson Group, which provides recruits to the insurance industry, and ejsSearch – the London-based insurance executive search firm specializing in assignments in London and broader European and international markets — have completed their merger agreement. The two firms … The article Jacobson Completes Merger with UK’s ejsSearch appeared first on Insurance Journal. Best Requests Comments on Draft Criteria: Rating Reinsurance Pools A.M. Best Co. is requesting comments from market participants in the insurance industry and other interested parties on the draft criteria report, “Rating Reinsurance Pools.” Best explained that it “defines a reinsurance pool as any entity, agent or contractual agreement, … The article Best Requests Comments on Draft Criteria: Rating Reinsurance Pools appeared first on Insurance Journal. Best Affirms Montpelier Re and Holding Co. Ratings; Outlook Stable A.M. Best Co. has affirmed the financial strength rating of ‘A’ (Excellent) and issuer credit rating (ICR) of “a” of Montpelier Reinsurance Ltd. As well as the ICR of “bbb” and debt ratings of the parent company, Montpelier Re Holdings … The article Best Affirms Montpelier Re and Holding Co. Ratings; Outlook Stable appeared first on Insurance Journal. Daucourt Joins XL Group as COO Int’l. Property/ Casualty XL Group announced the appointment of Thierry Daucourt as Chief Operating Officer of its International P&C Insurance business. He will be responsible for supporting the unit’s Chief Executive, Jason Harris, in the ongoing development and execution of its strategy and … The article Daucourt Joins XL Group as COO Int’l. Property/ Casualty appeared first on Insurance Journal. Aon Benfield’s Impact Forecasting Launches Tools to Quantify Cat Models Impact Forecasting, the catastrophe model development center of excellence at Aon Benfield, has launched a suite of tools, designed to “easily quantify uncertainties in catastrophe models across all perils and territories.” The bulletin explained that “devastating events, such as the … The article Aon Benfield’s Impact Forecasting Launches Tools to Quantify Cat Models appeared first on Insurance Journal. S&P Affirms AXIS Capital and Subs Ratings; Outlook Stable Standard & Poor’s Ratings Services has affirmed its ‘A-’ counterparty credit and senior debt ratings on AXIS Capital Holdings Ltd., as well as the ‘A+’ counterparty credit and financial strength ratings on its core operating subsidiaries (collectively, AXIS). The outlook … The article S&P Affirms AXIS Capital and Subs Ratings; Outlook Stable appeared first on Insurance Journal. Willis ILS Report: Q1 2013 Sees $1.6 Billion in New Cat Bond Issuance The first quarter of 2013 saw $1.6 billion of new issuance in non-life capacity marketed through five catastrophe bond transactions, including three transactions marketed in the first quarter and closed at the beginning of the second quarter, according to Willis … The article Willis ILS Report: Q1 2013 Sees $1.6 Billion in New Cat Bond Issuance appeared first on Insurance Journal. Liberty Mutual Appoints Northeast Division VP for Commercial Insurance Liberty Mutual Insurance’s Commercial Insurance business unit announced that Patrick Tully has been appointed vice president and managing director of distribution in the Northeast division of its national insurance operation. Based in the company’s New York City office, Tully will … The article Liberty Mutual Appoints Northeast Division VP for Commercial Insurance appeared first on Insurance Journal. N.Y. Assemblyman Takes Aim at Anti-Concurrent Causation Clauses A New York State Assemblyman has introduced a bill that seeks to prohibit the insurers’ use of anti-concurrent causation (ACC) clauses in the state. The bill, A07455, was introduced on May 17 by Assemblyman Phil Goldfeder (D-Rockaway Park). “In the … The article N.Y. Assemblyman Takes Aim at Anti-Concurrent Causation Clauses appeared first on Insurance Journal. Oklahoma Tornado Damage Likely to Exceed Joplin – Commissioner The damage from Monday’s tornado in a suburb of Oklahoma City is likely to exceed that caused by the 2011 twister in Joplin, Missouri, that killed 161 people, Oklahoma Insurance Commissioner John Doak said. In an interview with Reuters after … The article Oklahoma Tornado Damage Likely to Exceed Joplin – Commissioner appeared first on Insurance Journal. Gene Eisenmann, Excess and Surplus Lines Industry Leader, Passes Gene Eisenmann, a leader in the excess and surplus lines industry in Texas and nationally, has passed away after a long battle with a host of illnesses, his family by his side. A giant of E&S lines, Eisenmann built companies, … The article Gene Eisenmann, Excess and Surplus Lines Industry Leader, Passes appeared first on Insurance Journal. DriveID Can Block or Track Driver’s Mobile Use Fleet managers and parents of teenager drivers were given another weapon in their battle against distracted driving on Tuesday. That’s according to Cellcontrol, the maker of technology to stop distracted driving. The Baton Rouge, La.-based company unveiled its driver identification … The article DriveID Can Block or Track Driver’s Mobile Use appeared first on Insurance Journal. Update: Oklahoma Tornado Was EF5 A new assessment by the National Weather Service indicates peak winds in the tornado that hit the Newcastle/Moore Okla., area on May 20 reached the 200 mph to 210 mph range, putting it into the classification of an EF5 event. … The article Update: Oklahoma Tornado Was EF5 appeared first on Insurance Journal. McDonald-Leavitt Names Heglin Benefits Specialist in California Santa Rosa, Calif.-based McDonald-Leavitt Insurance Agency named Steve Heglin as a benefits specialist. Prior to joining the agency he worked for MetLife. Heglin previously owned a real estate appraisal company. McDonald-Leavitt Insurance Agency is part of the Leavitt Group. The article McDonald-Leavitt Names Heglin Benefits Specialist in California appeared first on Insurance Journal. |
