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Motorhome Hire NewsChristie Unveils Buyout Offer to New Jersey Flood Victims Some 350 homeowners in the central New Jersey towns of Sayreville and South River whose properties have flooded repeatedly will be eligible to sell their homes in the first phase of a new federally funded buyback program, New Jersey Gov. … The article Christie Unveils Buyout Offer to New Jersey Flood Victims appeared first on Insurance Journal. D.C. Council Holds Hearing on Gun Owner Insurance Proposal The Council of the District of Columbia held a public hearing Thursday that weighed in on a recent proposal to require liability insurance for all gun owners in Washington, D.C. The bill 20-170, “Firearm Insurance Amendment Act of 2013,” was … The article D.C. Council Holds Hearing on Gun Owner Insurance Proposal appeared first on Insurance Journal. Lockton: Companies Overlooking Most Crucial Part of Kidnap & Ransom Insurance The ransom and extortion industry’s danger zone has expanded well beyond Central and South America, yet companies tend to downplay the importance of a kidnap & ransom insurance policy, according to a new report by Lockton. The report, authored by … The article Lockton: Companies Overlooking Most Crucial Part of Kidnap & Ransom Insurance appeared first on Insurance Journal. R.I. Officials Ask Court Not to Delay WC Fine Against Former Nightclub Owners Rhode Island labor officials have asked the state Supreme Court not to review the $1 million fine levied against the former owners of the Station nightclub. Michael and Jeffrey Derderian are appealing the fine, levied for failing to carry workers … The article R.I. Officials Ask Court Not to Delay WC Fine Against Former Nightclub Owners appeared first on Insurance Journal. N.H. Gov. Nominates Sevigny to Continue to Serve as Insurance Commissioner New Hampshire Gov. Maggie Hassan nominated Roger Sevigny to another five-year term as the state’s insurance commissioner. The governor formally made the nomination Wednesday at the Executive Council meeting. The Executive Council now has to decide whether or not to … The article N.H. Gov. Nominates Sevigny to Continue to Serve as Insurance Commissioner appeared first on Insurance Journal. Montana Man Deliberately Crashes Into Insurance Office Police in Missoula, Mont. say a man who rammed his sport utility vehicle into an insurance office three times was apparently expressing his frustration with the insurance industry. Police say the driver rammed the building Tuesday and then twice backed … The article Montana Man Deliberately Crashes Into Insurance Office appeared first on Insurance Journal. Boogaard Family Sues NHL for Son’s Death The family of a National Hockey League player who died of an accidental overdose of pain medication and alcohol has filed a wrongful death lawsuit in Illinois against the NHL, blaming it for brain damage he suffered as an enforcer … The article Boogaard Family Sues NHL for Son’s Death appeared first on Insurance Journal. NWS: At Least 16 Tornadoes in Recent North Texas Outbreak At least 16 tornadoes have been confirmed in the outbreak in North Texas on May 15, federal weather officials say. Survey teams were sent to Johnson County, Hood County, Parker County, Ellis County and Montague County, the National Weather Service … The article NWS: At Least 16 Tornadoes in Recent North Texas Outbreak appeared first on Insurance Journal. Arizona Insurance Agency Chosen for Agency 2020 Hester, Heitel & Associates, an independent insurance agency in Phoenix, Ariz. was chosen to represent “the path to the future for all independent agencies,” announced Consumer Agent Portal LLC, also known as Project CAP, creator of the Agency 2020 program. … The article Arizona Insurance Agency Chosen for Agency 2020 appeared first on Insurance Journal. Boston Marathon Relief Fund Guidelines Released The administrator of a fund created to help victims of the Boston Marathon bombings has released final guidelines for distributing the money. The document released Wednesday gives top priority to the families of those who died, as well as double … The article Boston Marathon Relief Fund Guidelines Released appeared first on Insurance Journal. Peterson Joins Elliott, Powell, Baden & Baker in Oregon Chris Peterson has recently joined Elliott, Powell, Baden & Baker Insurance in Oregon as a commercial insurance producer. Peterson is past president of the Professional Insurance Agents of Oregon and Idaho. He has nearly 15 years of experience insuring Northwest … The article Peterson Joins Elliott, Powell, Baden & Baker in Oregon appeared first on Insurance Journal. Five Arrested In California Million-Dollar Mobile Phone Insurance Scam Five Northern California residents were arrested by California Department of Insurance fraud investigators and booked into the Sacramento County jail and charged with multiple felony counts related to alleged insurance fraud totaling nearly $1 million, according to CDI. Investigators allege … The article Five Arrested In California Million-Dollar Mobile Phone Insurance Scam appeared first on Insurance Journal. Florida Catastrophe Fund Financially Stronger on Eve of Hurricane Season Florida is heading into a new storm season with some good news for once. The state-created fund that backs up private insurers in Florida is in the best financial shape it has been in years — maybe the best since … The article Florida Catastrophe Fund Financially Stronger on Eve of Hurricane Season appeared first on Insurance Journal. Missouri Senate Backs Bill to Bolster Second Injury Fund More than a thousand disabled workers could finally begin receiving payments for their job-related injuries if the Missouri House gives final approval to legislation intended to replenish an insolvent state fund. SB 1, which passed the Senate early on May … The article Missouri Senate Backs Bill to Bolster Second Injury Fund appeared first on Insurance Journal. UN: $2.5 Trillion in Global Disaster Losses Since 2000 Economic losses from disasters since 2000 are in the range of $2.5 trillion, a figure at least 50 percent higher than previous international estimates, according to a U.N. report. The U.N. Office for Disaster Risk Reduction warned in the 246-page … The article UN: $2.5 Trillion in Global Disaster Losses Since 2000 appeared first on Insurance Journal. Schwab Temporarily Drops Client Class Action Waiver Charles Schwab Corp. has temporarily reversed its requirement that clients waive their right to bring class-action lawsuits, adding a new twist in a battle closely watched by the securities industry and plaintiffs’ attorneys. “Effective immediately, Schwab is modifying its account … The article Schwab Temporarily Drops Client Class Action Waiver appeared first on Insurance Journal. Developing Countries May Not Be Ready for Coming Increased Investment: World Bank The percentage of global investment that goes to developing countries should triple in the next two decades as emerging economies catch up to richer nations and become more integrated into financial markets, the World Bank predicted in a report on … The article Developing Countries May Not Be Ready for Coming Increased Investment: World Bank appeared first on Insurance Journal. Emerging Markets to Lead in Insurance Growth: Munich Re Emerging markets will see the highest growth in premiums for insurance companies this year and next, while Europe lags, according to the world’s biggest reinsurer, Munich Re. In a study published on Thursday, Munich Re forecast growth in property/casualty insurance … The article Emerging Markets to Lead in Insurance Growth: Munich Re appeared first on Insurance Journal. Obama Administration Releases Proposed Fracking Regulations The Obama administration on Thursday unveiled a new proposal for regulating hydraulic fracturing on federal lands, rolling back some measures from its original, abandoned draft as it sought to ease concerns the rules would be too burdensome for producers. The … The article Obama Administration Releases Proposed Fracking Regulations appeared first on Insurance Journal. S&P Cuts Rating on Buffett’s Berkshire Holding Company But Not Insurance Units Warren Buffett’s Berkshire Hathaway Inc. had its credit rating cut one notch by Standard & Poor’s, which cited a new methodology for evaluating insurers and Berkshire’s dependence on its insurance business for dividend income. The rating was cut to “AA” … The article S&P Cuts Rating on Buffett’s Berkshire Holding Company But Not Insurance Units appeared first on Insurance Journal. BP Oil Spill Claims Chief Braces for Surge in Filings The deadline for claims against BP Plc in connection with the 2010 Gulf of Mexico oil spill is 11 months away, but the man responsible for paying the claims said on Thursday he is already bracing for a late surge … The article BP Oil Spill Claims Chief Braces for Surge in Filings appeared first on Insurance Journal. North Carolina Bill Targets Drivers Who Pass School Buses North Carolina lawmakers want to increase the consequences for drivers who fail to stop for school buses picking up or dropping off students. The bill approved unanimously by the House would require those convicted of the misdemeanor charge to receive … The article North Carolina Bill Targets Drivers Who Pass School Buses appeared first on Insurance Journal. Parents Sue South Carolina Over Child’s Sex Surgery A couple filed a lawsuit Tuesday against the state of South Carolina for what they say was an unnecessary sexual assignment surgery performed on a toddler they later adopted. Lawyers for Pam and Mark Crawford said they were suing the … The article Parents Sue South Carolina Over Child’s Sex Surgery appeared first on Insurance Journal. NOAA Report Says Feds’ Warnings About Sandy Were Confusing Federal weather forecasts for Superstorm Sandy were exceptionally accurate last fall, but the warnings themselves were confusing, an internal review found. The gigantic October storm lost tropical characteristics hours before landfall in New Jersey, so the National Oceanic and Atmospheric … The article NOAA Report Says Feds’ Warnings About Sandy Were Confusing appeared first on Insurance Journal. House Lawmakers Shelve Louisiana Citizens Rate Review Bill Lawmakers in the House have rejected a proposal seeking legislative review of large rate hikes for customers of Louisiana’s property insurer of last resort. The House Insurance Committee scrapped the idea in a 9-4 vote against Senate Bill 19 by … The article House Lawmakers Shelve Louisiana Citizens Rate Review Bill appeared first on Insurance Journal. Missouri Bill Would Create Workers’ Comp Database The Missouri Legislature has voted to create an online database allowing businesses to check whether job applicants have a history of filing workers’ compensation claims. The House gave the bill final approval on a 91-67 vote. It now heads to … The article Missouri Bill Would Create Workers’ Comp Database appeared first on Insurance Journal. Cause of Texas Fertilizer Fire ‘Undetermined,’ Authorities Say The cause of the fire that triggered the explosions in a fertilizer plant in Texas last month has been deemed “undetermined,” investigators say. Texas State Fire Marshall Chris Connealy said the scene investigation into what caused the fire in the … The article Cause of Texas Fertilizer Fire ‘Undetermined,’ Authorities Say appeared first on Insurance Journal. Demolition Begins on N.J. Coaster Wrecked by Sandy Riding the Jet Star roller coaster as a girl vacationing at the Jersey shore, Nicole Jones said there was always that one breath-catching moment when the passenger cars swerved toward the ocean, as if threatening to dump riders into the … The article Demolition Begins on N.J. Coaster Wrecked by Sandy appeared first on Insurance Journal. Workers’ Comp Sees Encouraging Signs in 2012 Results: NCCI The workers’ compensation market is seeing encouraging signs. Premiums grew for the second consecutive year, the combined ratio declined and claim frequency continued to improve at a pace slightly greater than its long-term historic rate of decline. In 2012, the … The article Workers’ Comp Sees Encouraging Signs in 2012 Results: NCCI appeared first on Insurance Journal. A.M. Best Revises Outlook to Negative for Grange Mutual Fire Insurance Co. A.M. Best Co. said it has revised the outlook to “negative” from “stable” and affirmed the financial strength rating of B+ (Good) and issuer credit rating of “bbb-” of Grange Mutual Fire Insurance Company(Troy, Penn.). A.M. Best said the revised … The article A.M. Best Revises Outlook to Negative for Grange Mutual Fire Insurance Co. appeared first on Insurance Journal. |
