Motorhome Hire Glastonbury

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Motorhome Hire News

SterlingRisk Insurance Launches Aircraft Business Income Cover

SterlingRisk Insurance, a privately-owned brokerage based in Woodbury, N.Y., has launched aircraft business income coverage designed for both the aircraft owner and operator to protect their expected charter revenue from loss due to unscheduled maintenance and cancelled flights. The product …

The article SterlingRisk Insurance Launches Aircraft Business Income Cover appeared first on Insurance Journal.

Jury Finds Guardrail Maker Trinity Cheated Government; Liability Could Top $1 Billion

Trinity Industries Inc. faces a potential liability of $1 billion after a jury found the company defrauded the U.S. by deliberately withholding information about cost-saving changes to its highway guardrail system that potentially made it more dangerous. Jurors in Marshall, …

The article Jury Finds Guardrail Maker Trinity Cheated Government; Liability Could Top $1 Billion appeared first on Insurance Journal.

Air Bag Recalls Renew Doubts About Carmakers’ Responses to Defects

A deepening crisis involving deadly air bags is shaking confidence in the ability of automakers including Toyota Motor Corp. and Honda Motor Co. to ensure the safety of millions of U.S. drivers. Toyota is advising U.S. owners to keep passengers …

The article Air Bag Recalls Renew Doubts About Carmakers’ Responses to Defects appeared first on Insurance Journal.

EEOC Investigating Mandatory Retirement Age for Law Firm Partners

The Equal Employment Opportunity Commission is investigating whether mandatory retirement provisions at Deloitte LLP violate federal employment law. The American Institute of Certified Public Accountants, the trade association for the profession, entered the fray yesterday, essentially urging the EEOC to …

The article EEOC Investigating Mandatory Retirement Age for Law Firm Partners appeared first on Insurance Journal.

Wells Fargo, Telemundo Partner on Financial Literacy Campaign for Hispanics

Wells Fargo of San Francisco has partnered with Miami-based media giant Telemundo for a six-week media campaign targeting financial literacy within the Hispanic community. Launched Oct. 13, “Conversemos de Tus Finanzas” is focused on empowering Hispanics to enhance their financial …

The article Wells Fargo, Telemundo Partner on Financial Literacy Campaign for Hispanics appeared first on Insurance Journal.

Aon Activates Ebola Response Task Force, Launches Ebola Response Room

Aon plc has activated the Aon Ebola Response Task Force, a team comprised of risk and health professionals worldwide, to monitor the current Ebola outbreak and provide guidance to clients directly and through its newly created Aon Ebola Response Room. …

The article Aon Activates Ebola Response Task Force, Launches Ebola Response Room appeared first on Insurance Journal.

Hardy Promotes Wright in Asia; Hires Bond and Osorio in London

Hardy Underwriting Asia Pte Ltd (Hardy Asia), a subsidiary of CNA Financial Corporation, has promoted Chris Wright as director and principal officer for Hardy Asia. (Hardy is a specialist underwriting business operating within Lloyd’s of London.) In this role, Chris will …

The article Hardy Promotes Wright in Asia; Hires Bond and Osorio in London appeared first on Insurance Journal.

Guidance on EU Rules Created for Audit, Risk Committees

The Federation of European Risk Management Associations (FERMA) and the European Confederation of Institutes of Internal Auditing (ECIIA) have responded to increased EU requirements for more corporate transparency with a new joint guidance document on the 8th Company Law Directive. Audit …

The article Guidance on EU Rules Created for Audit, Risk Committees appeared first on Insurance Journal.

10 Insurance Myths (Men Are More Likely to Believe 8 of Them Than Women)

Men may be more gullible when it comes to insurance myths than women but even women think a number of popular myths about insurance are true, according to a survey by online insurance seller insure.com. Insure.com said it recently surveyed …

The article 10 Insurance Myths (Men Are More Likely to Believe 8 of Them Than Women) appeared first on Insurance Journal.

Erie Insurance Group Enters Kentucky Market

Erie Insurance Group has begun to offer its products in the Kentucky market. The Erie, Pennsylvania-based insurer said its entry into Kentucky marks its first geographic expansion in more than 10 years. Erie Insurance said it now has operations in …

The article Erie Insurance Group Enters Kentucky Market appeared first on Insurance Journal.

Hannover Re Sees Storm Losses Stabilizing Reinsurance Prices in Germany

Hannover Re, the world’s third- largest reinsurer, expects more than 5 billion euros ($6.4 billion) in losses from two storms to sustain prices for coverage in Germany. “Heavy loss expenditures, especially in connection with the June storm Ela as well …

The article Hannover Re Sees Storm Losses Stabilizing Reinsurance Prices in Germany appeared first on Insurance Journal.

Litmus: More Bearish Ratings Expected for Reinsurance Sector

Since January the rating agencies have become increasingly negative on their outlook for ratings in the  reinsurance sector overall, while in practice affirming or even increasing individual reinsurer* ratings. Standard and Poor’s move to take Lloyd’s rating outlook down from …

The article Litmus: More Bearish Ratings Expected for Reinsurance Sector appeared first on Insurance Journal.

S&P: Global Multiline Insurers’ Credit Quality to Stay Strong in 2015

Global multiline insurers (GMI) continue to show strong credit quality, according to Standard & Poor’s Ratings Services. S&P provided an overview of the GMI sector in an article titled “Global Multiline Insurers’ Diversity and Capitalization Will Remain Key Rating Strengths …

The article S&P: Global Multiline Insurers’ Credit Quality to Stay Strong in 2015 appeared first on Insurance Journal.

Vlocity Debuts Salesforce Cloud App for Insurance Industry

San Francisco-based cloud software firm Vlocity has launched an app designed for the  insurance industry. The new Vlocity industry app allows large enterprise and medium-size businesses to connect with their customers, partners and employees in a manner consistent with the …

The article Vlocity Debuts Salesforce Cloud App for Insurance Industry appeared first on Insurance Journal.

Rhode Island’s OceanPoint Insurance Hires Porter as Director of Sales

OceanPoint Insurance Agency Inc. in Middletown, Rhode Island, has hired Christine Porter as director of sales. Porter will oversee the sales management of all OceanPoint products, including personal insurance, commercial insurance and financial services. Additionally, she will direct the recruitment …

The article Rhode Island’s OceanPoint Insurance Hires Porter as Director of Sales appeared first on Insurance Journal.

XL Adds 3 Underwriters to Cyber & Technology Risk Unit in New York

XL Group’s Cyber and Technology business unit has added three underwriters, Sean Donahue, Elissa Doroff and Richard Schulz, to its New York-based team. Donahue joins XL Group from Dewitt Stern Group where he most recently served as vice president and …

The article XL Adds 3 Underwriters to Cyber & Technology Risk Unit in New York appeared first on Insurance Journal.

P/C Insurers’ Reserves Redundancy to Continue: Moody’s

U.S. property/casualty insurers’ reserves will remain moderately redundant through the end of the year, Moody’s Investors Service has reported. “We expect moderately redundant reserves based on ongoing rate-firming, benign loss costs and enhanced underwriting standards,” said Moody’s Jasper Cooper, an …

The article P/C Insurers’ Reserves Redundancy to Continue: Moody’s appeared first on Insurance Journal.

Illinois Landowners Suing State over Fracking Permit Delay

Southern Illinois landowners are suing the state for failing to implement hydraulic fracturing, calling the long-running process for adopting rules governing the oil and gas extraction method tantamount to illegal government seizure of property already leased to developers. The lawsuit, …

The article Illinois Landowners Suing State over Fracking Permit Delay appeared first on Insurance Journal.

Minneapolis Businesses Heavily Damaged by Fire

A fire has caused severe damage to several businesses in north Minneapolis, Minn., and officials say at least three buildings are a total loss. The Minneapolis Fire Department says crews were called to a report of a fire in a …

The article Minneapolis Businesses Heavily Damaged by Fire appeared first on Insurance Journal.

McCunniff Joins Texas-Based Bailey Insurance & Risk Management

Mark McCunniff has joined Bailey Insurance & Risk Management in Waco, Texas, as a commercial lines producer. McCunniff received his Risk Management & Insurance degree from Baylor University and spent three years as a middle market underwriter with The Hartford …

The article McCunniff Joins Texas-Based Bailey Insurance & Risk Management appeared first on Insurance Journal.

Dallas Cowboys, Jones Settle Sexual-Assault Claim

The Dallas Cowboys and owner Jerry Jones settled a sexual-assault claim by an Oklahoma woman who sued in September. An agreed judgment signed by state District Judge Dale Tillery was entered in a Dallas court granting Jones’s and the Dallas …

The article Dallas Cowboys, Jones Settle Sexual-Assault Claim appeared first on Insurance Journal.

New Jersey Contractor Sentenced for Scamming Sandy Victims

A New Jersey contractor who took deposits for work that was never done at two central New Jersey homes damaged by Superstorm Sandy has been sentenced to five years in state prison. Monmouth County prosecutors say the sentence handed down …

The article New Jersey Contractor Sentenced for Scamming Sandy Victims appeared first on Insurance Journal.

LSU Flagship Campus Authorized to Buy Its Own Insurance

Lawmakers have given Louisiana State University (LSU) the authority to leave the state-run insurance program and buy its own coverage in a first-of-its-kind arrangement for a Louisiana public college. University System President F. King Alexander said the move could save …

The article LSU Flagship Campus Authorized to Buy Its Own Insurance appeared first on Insurance Journal.

EMC Insurance Office to Replace Downtown Des Moines Buildings

An insurance company plans to begin demolishing three downtown Des Moines, Iowa, structures to make room for a new office building. EMC Insurance spokeswoman Lisa Hamilton tells The Des Moines Register that crews will begin tearing down the three brick …

The article EMC Insurance Office to Replace Downtown Des Moines Buildings appeared first on Insurance Journal.

Feds Want Louisiana Road Home Money Back

New Orleans must return hundreds of millions of dollars paid in home elevation grants after Hurricane Katrina, the U.S. Department of Housing and Urban Development says. The department wants names of nearly 18,000 homeowners who never raised their homes after …

The article Feds Want Louisiana Road Home Money Back appeared first on Insurance Journal.

IBHS Urges New York to Adopt 2015 Model Building Codes

The Insurance Institute for Business & Home Safety (IBHS) said it is commending the New York Code Council for starting the process to adopt the 2015 edition of the International Code Council model (ICC) building codes, known as the I-Codes. …

The article IBHS Urges New York to Adopt 2015 Model Building Codes appeared first on Insurance Journal.

Southern California Docs Bribed To Use Unsafe Spine Screws, Suits Claims

A former Southern California hospital executive is being sued by more than two dozen people who claim he ran a scheme that bribed surgeons to implant counterfeit screws in their patients’ spines, causing pain and injury. Twenty-eight fraud and negligence …

The article Southern California Docs Bribed To Use Unsafe Spine Screws, Suits Claims appeared first on Insurance Journal.

Ana Turns From Hawaii, Downgraded To Tropical Storm

Hawaii residents started to relax Sunday after days of keeping a cautious eye on Hurricane Ana, which was downgraded by late afternoon into a tropical storm. After being dangerously close for several days the closest Ana got to Hawaii was …

The article Ana Turns From Hawaii, Downgraded To Tropical Storm appeared first on Insurance Journal.

California Earthquake Authority to Sell $350M of Bonds

The California Earthquake Authority, the largest seismic insurer in the U.S., is selling $350 million in bonds to strengthen its ability to pay claims, after the state’s first death due to a quake in 11 years. The debt, which is …

The article California Earthquake Authority to Sell $350M of Bonds appeared first on Insurance Journal.

Connecticut Police Officer Charged With Workers’ Comp Fraud

A former New London, Connecticut, police officer fired over accusations he leaked an internal police document and later rehired has resigned following his arrest on charges he fraudulently collected workers’ compensation benefits. David McElroy was charged with workers’ compensation fraud. …

The article Connecticut Police Officer Charged With Workers’ Comp Fraud appeared first on Insurance Journal.

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