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Motorhome Hire News

Prinzing Joins Leavitt Group in Montana

Nick Prinzing has joined Leavitt Great West Insurance Services in the Great Falls, Mont. location and will focus on employee benefits. Prior to joining the agency, Prinzing worked as an advisor customizing comprehensive voluntary disability insurance within benefits programs for …

The article Prinzing Joins Leavitt Group in Montana appeared first on Insurance Journal.

Global Regulators Set Capital Rules for 9 Too-Big-to-Fail Insurers

Nine too-big-to-fail insurers, including American International Group Inc., Allianz SE and MetLife Inc., must start reporting capital ratios next year using a method presented by regulators today. The International Association of Insurance Supervisors has completed drafting ‚Äúthe first-ever global insurance …

The article Global Regulators Set Capital Rules for 9 Too-Big-to-Fail Insurers appeared first on Insurance Journal.

Mercury Agrees to Acquire Workmen’s Auto Insurance in California

Mercury General Corp. has entered into a definitive agreement to purchase of Workmen’s Auto Insurance Co. Both insurers are based in Los Angeles, Calif. The purchase price is¬†$8 million¬†and the transaction is expected to close during the first quarter of …

The article Mercury Agrees to Acquire Workmen’s Auto Insurance in California appeared first on Insurance Journal.

Workers’ Comp Study Looks at California’s Reforms

When California Senate Bill 863 took effect Jan. 1, 2013, it created several fee schedule changes in the California workers‚Äô compensation system. The Workers Compensation Research Institute has released a study looking at the possible effect of these changes on …

The article Workers’ Comp Study Looks at California’s Reforms appeared first on Insurance Journal.

Florida Gov. Scott Seeks Insurance Agents’ Help to Get Out Vote

Florida Governor Rick Scott is urging insurance agents to do their part to get out the vote as the state‚Äôs gubernatorial campaign enters its final weeks. Former Republican Governor Charlie Crist is running as a Democrat against Republican Scott in …

The article Florida Gov. Scott Seeks Insurance Agents’ Help to Get Out Vote appeared first on Insurance Journal.

Ebola ‚ÄėTipping Point‚Äô Could Come By Late January, Reports RMS

The Ebola virus disease outbreak in West Africa has the potential to be the most deadly infectious disease event since the 1918 flu pandemic, according to a new report by catastrophic risk modeling firm RMS. RMS said the current outbreak …

The article Ebola ‘Tipping Point’ Could Come By Late January, Reports RMS appeared first on Insurance Journal.

Early Insured Loss Estimates on Hurricane Gonzalo Up to $400M

Early estimates by catastrophe modeling firms indicate insured losses from Hurricane Gonzalo in Bermuda will come in between $200 and $400 million. EQECAT estimates $300 million in insured losses, about the scale caused by Hurricane Fabian in 2003. Both storms …

The article Early Insured Loss Estimates on Hurricane Gonzalo Up to $400M appeared first on Insurance Journal.

Russia Air Safety Record Near Bottom of Global League

Regardless of who is to blame for the death of Total’s boss at the¬†Moscow airport¬†favored by President¬†Vladimir Putin, it reinforces an indisputable fact:¬†Russia’s air-safety record is dreadful and the wave of crashes is not abating. Numerous official investigations and a …

The article Russia Air Safety Record Near Bottom of Global League appeared first on Insurance Journal.

NHTSA Apologizes for Troubled Website, Bulletin on Airbag Defects

The National Highway Traffic Safety Administration botched its effort to inform the public about a potentially lethal air-bag defect, directing 8 million consumers to an inoperable website and leaving millions of others unsure as to whether their cars were even …

The article NHTSA Apologizes for Troubled Website, Bulletin on Airbag Defects appeared first on Insurance Journal.

Chairman of Key House Committee for Insurers Could Face Challenge

House Financial Services Committee Chairman Jeb Hensarling is facing a long-shot challenge to his chairmanship from an Oklahoma Republican. Representative Frank Lucas announced he is considering opposing Hensarling for the panel‚Äôs gavel. Hensarling, a Texas Republican, under his party‚Äôs rules …

The article Chairman of Key House Committee for Insurers Could Face Challenge appeared first on Insurance Journal.

Kempthorne Named Chair of Global Federation of Insurance Associations

The Global Federation of Insurance Associations (GFIA) has announced the appointment of Governor Dirk Kempthorne as its new chair, for a two-year term. Kempthorne, who is president and CEO of the American Council of Life Insurers, replaces Frank Swedlove, the …

The article Kempthorne Named Chair of Global Federation of Insurance Associations appeared first on Insurance Journal.

Nissan Expands Global Recall by 260,000 Vehicles

Nissan Motor Co. expanded a global recall of cars using Takata Corp.-made air bags, which have been linked to four deaths in Honda Motor Co. cars. Nissan will call back 260,000 vehicles worldwide, including 104,905 units in Japan, Yuriko Masuda, …

The article Nissan Expands Global Recall by 260,000 Vehicles appeared first on Insurance Journal.

Some Insurers Exclude Ebola; Others Offer New Products

As fear of Ebola infections spreads to developed economies, U.S. and British insurance companies have begun writing Ebola exclusions into standard policies to cover hospitals, event organizers and other businesses vulnerable to local disruptions. As a result, new policies and …

The article Some Insurers Exclude Ebola; Others Offer New Products appeared first on Insurance Journal.

Climate Change Report Slams Insurers for ‚ÄėProfound Lack of Preparedness‚Äô

A report on the insurance industry released Wednesday shows ‚Äúa profound lack of preparedness in addressing climate-related risks and opportunities.‚ÄĚ Insurance industry representatives immediately criticized the report as a negative take on the industry’s ability to adapt¬†and not reflective of …

The article Climate Change Report Slams Insurers for ‚ÄėProfound Lack of Preparedness‚Äô appeared first on Insurance Journal.

Horse and Buggy Crashes Decline but Still Deadly in Lancaster County, Penn.

Nothing says “Lancaster County” in Pennsylvania like the sight and sound of a lathered horse pulling a square, black buggy down the road. The county undoubtedly has more of the horse-powered vehicles than any other in Pennsylvania, based on population …

The article Horse and Buggy Crashes Decline but Still Deadly in Lancaster County, Penn. appeared first on Insurance Journal.

Delaware Commissioner Urges Treasury to Reconsider MetLife’s SIFI Designation

Delaware Insurance Commissioner Karen Weldin Stewart has recently sent a letter to U.S. Treasury Secretary Jacob Lew and other federal regulators urging them to reconsider their vote to propose that MetLife be labeled as a ‚Äúsystemically important financial institution‚ÄĚ (SIFI). …

The article Delaware Commissioner Urges Treasury to Reconsider MetLife’s SIFI Designation appeared first on Insurance Journal.

UPenn’s Interdisciplinary Research Seeks to Track Ambler’s Asbestos Legacy

Joe Amento, a lifelong resident of Ambler, Pennsylvania, was 53 when he died of a rare cancer with one main cause — exposure to asbestos. He was fine at Christmas 2002. In January, a pain in his side kept him …

The article UPenn’s Interdisciplinary Research Seeks to Track Ambler’s Asbestos Legacy appeared first on Insurance Journal.

Suhr Names Dershimer Vice President of Employee Benefits in California

Suhr Risk Services has named Jed Dershimer vice president of employee benefits in San Jose, Calif. Dershimer previously worked at Hays Companies, ADP and Verizon, in addition to a lengthy prior stint with Suhr. He specializes in architecting and implementing …

The article Suhr Names Dershimer Vice President of Employee Benefits in California appeared first on Insurance Journal.

Mass. DOI Issues Bulletin on Policy Term Disclosure Requirements

The Massachusetts Division of Insurance issued a bulletin spelling out new disclosure requirements for insurance premium quotes for private passenger motor vehicle and personal property insurance. The Bulletin 2014-08, published on Oct. 20, addresses disclosure issues for coverage and premium …

The article Mass. DOI Issues Bulletin on Policy Term Disclosure Requirements appeared first on Insurance Journal.

Hopper Appointed Head of Energy for ANV Syndicate 1861

ANV Holdings BV, the Dutch headquartered specialty insurance business, has appointed John Hopper as head of energy to lead its energy underwriting team within ANV Syndicate 1861. Hopper¬†comes to ANV after being a leading member of the offshore energy division …

The article Hopper Appointed Head of Energy for ANV Syndicate 1861 appeared first on Insurance Journal.

Number of Young Ohioans Getting Driver’s License Drops

Fewer young people in Ohio are getting their driver’s license, according to state data and new research. The number of licensed drivers in Ohio ages 16 to 20 is 8.5 percent lower than 10 years ago, The Columbus Dispatch reports. …

The article Number of Young Ohioans Getting Driver’s License Drops appeared first on Insurance Journal.

All-Star Insurance Adds 2 Agents Gilmer, Texas

All-Star Insurance Group Inc., a full service independent insurance agency based in Gilmer, Texas, has added Joye Cooper and Jeniffer Kitchell as agents. Cooper will maintain an office at All-Star Insurance Group‚Äôs home office located at 201 East Marshall St. …

The article All-Star Insurance Adds 2 Agents Gilmer, Texas appeared first on Insurance Journal.

Towers Watson Predicts Moderate Global Growth, Downside Risks

Towers Watson says that overall global growth in the next three to five years will be moderate and divergent on a country basis, and risks to global growth are skewed to the downside in its report entitled “Secular Outlook 2014: …

The article Towers Watson Predicts Moderate Global Growth, Downside Risks appeared first on Insurance Journal.

NHL Concussion Lawsuit Filed in Federal Court in Minnesota

The consolidated class-action lawsuit by former NHL players against the league over concussion-related injuries has been filed in federal court. Attorneys for the ex-players filed the complaint in Minnesota. The case had been assigned to U.S. District Judge Susan Richard …

The article NHL Concussion Lawsuit Filed in Federal Court in Minnesota appeared first on Insurance Journal.

The Horton Group Acquires BF&S Insurance

Orland Park, Ill.-based insurance brokerage, The Horton Group, announced the acquisition of certain assets of Boyle, Flagg and Seaman (BF&S) Insurance, located in Illinois and Michigan. BF&S‚Äôs Illinois retail operations will now operate under the Horton name and staff will …

The article The Horton Group Acquires BF&S Insurance appeared first on Insurance Journal.

Pageler Named Chair of National Insurer Group’s Fraud Committee

Ranney Pageler, vice president of fraud investigations at Employers Insurance, has been named chair of the Property Casualty Insurers Association of America (PCI) Fraud Committee. Pageler, who is based in Austin, Texas, will serve a two-year term in this role. …

The article Pageler Named Chair of National Insurer Group’s Fraud Committee appeared first on Insurance Journal.

Mullis Newby Hurst Opens Office in San Antonio

Dallas-based Mullis Newby Hurst LP (MNH), one of the largest writers of construction insurance and surety bonds in the Southwest,¬†has hired David Layman to expand to San Antonio. Layman has served as head of contract surety underwriting for NAS Surety …

The article Mullis Newby Hurst Opens Office in San Antonio appeared first on Insurance Journal.

Oregon Worker Severs Fingers At Potato Plant: Safety Division

Oregon’s Occupational Safety and Health Division is investigating after a female employee severed four fingers on her right hand in a workplace accident at a potato plant in Boardman. The East Oregonian reported that agency spokeswoman Melanie Mesaros says the …

The article Oregon Worker Severs Fingers At Potato Plant: Safety Division appeared first on Insurance Journal.

Landslide Cleanup Deal Reached in Oregon, Insurers to Pay

A¬†legal¬†path has been cleared for hundreds of tons of debris to be removed from a waterway south of Coos Bay, Ore. that’s home to federally protected coho salmon and green sturgeon. In April 2012, a massive construction landslide sent mud, …

The article Landslide Cleanup Deal Reached in Oregon, Insurers to Pay appeared first on Insurance Journal.

Indiana-Based Voldico Insurance Hires Robinson as President

Voldico Insurance, based in Osgood, Ind., has hired John Robinson as president. Robinson will oversee strategy setting, operational and revenue growth initiatives for the company. He will be the¬†primary relationship manager with Voldico‚Äôs insurance carriers. Robinson will work out of …

The article Indiana-Based Voldico Insurance Hires Robinson as President appeared first on Insurance Journal.

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