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Motorhome Hire News

Asbestos Claimants Urged to Oppose Garlock Reorganization Plan

The official committee representing creditors with asbestos claims against Garlock Sealing Technologies LLC will urge its constituents to vote against the company’s reorganization plan, even though Garlock said it pays claimants in full. The official representative of future asbestos claimants, …

The article Asbestos Claimants Urged to Oppose Garlock Reorganization Plan appeared first on Insurance Journal.

No Protection for Foreign Whistleblowers at Overseas Firms: Court

Foreign whistleblowers who work for overseas companies can’t be protected from retaliatory firings for disclosing conduct that happens abroad, a federal appeals court held. The U.S. Court of Appeals in Manhattan found in a case involving Siemens AG that an …

The article No Protection for Foreign Whistleblowers at Overseas Firms: Court appeared first on Insurance Journal.

IAG Posts US$1.467 Billion 2014 Fiscal Year Operating Profit

Insurance Australia Group Limited (IAG) announced a strong operating performance for the financial year ended June 30, 2014 (FY14), posting an insurance profit of A$1.579 billion [US$1.467 billion] for the year, up 10.6 percent from A$1.428 billion [US$1.326 billion] for …

The article IAG Posts US$1.467 Billion 2014 Fiscal Year Operating Profit appeared first on Insurance Journal.

Weakening Operating Fundamentals Tip Reinsurers’ Outlook to Negative: A.M. Best

A.M. Best announced that it has “revised its ratings outlook on the global reinsurance sector to negative from stable, citing the significant ongoing market challenges that will hinder the potential for positive rating outlooks or upgrades, and over time, may …

The article Weakening Operating Fundamentals Tip Reinsurers’ Outlook to Negative: A.M. Best appeared first on Insurance Journal.

Canada Railway Audit ‘Inadequate’ before Lac-Mégantic Disaster: Official Report

The Canadian government did not adequately audit the railroad company at the center of the Lac-Mégantic crude tanker disaster, which last year killed 47 people, an independent federal agency said on Tuesday, as it called for tougher scrutiny of the …

The article Canada Railway Audit ‘Inadequate’ before Lac-Mégantic Disaster: Official Report appeared first on Insurance Journal.

Ping An Profit Rises 19% on Higher Bank Revenue, Premium Income

Ping An Insurance (Group) Co., China’s second-largest insurer, said first-half profit grew 19 percent as premium income climbed and banking revenue increased. Net income rose to 21.4 billion yuan ($3.5 billion), or a diluted 2.55 yuan [$0.41] a share, from …

The article Ping An Profit Rises 19% on Higher Bank Revenue, Premium Income appeared first on Insurance Journal.

Maine Woman Sues GM, Claims Burn From Heated Car Seat

A Maine woman who says she suffered a third-degree burn from a heated seat in Chevrolet Suburban has sued General Motors. Emma Verrill says in her suit filed in U.S. District Court in Portland, Maine, that GM failed to adequately …

The article Maine Woman Sues GM, Claims Burn From Heated Car Seat appeared first on Insurance Journal.

Louisiana AG Files Suit Against State Farm Over Auto Repair Practices

Alleging “a culture of unsafe business practices” in its handling of vehicle repairs, Louisiana’s attorney general has filed suit against insurance giant State Farm. Attorney General Buddy Caldwell’s lawsuit, filed Aug. 19 in the 19th Judicial Court in East Baton …

The article Louisiana AG Files Suit Against State Farm Over Auto Repair Practices appeared first on Insurance Journal.

NFP Acquires 2 Agencies in New England

National Financial Partners Corp. (NFP) announced the acquisitions of two independent insurance agencies in New England: Poulos Insurance Inc. and Altus Specialty Group LLC. Terms were not disclosed. NFP said the acquisitions would help expand NFP’s property/casualty offerings. Poulos Insurance, …

The article NFP Acquires 2 Agencies in New England appeared first on Insurance Journal.

Ohio Woman Convicted in Arson-for-Insurance Case

A Youngstown, Ohio, woman has been convicted of setting fire to a rental property in order to collect insurance money, said Steven M. Dettelbach, United States Attorney for the Northern District of Ohio. Latasha Curtis, 33, was convicted on one …

The article Ohio Woman Convicted in Arson-for-Insurance Case appeared first on Insurance Journal.

Miller Joins Governmental Affairs Team at IIAT

The Independent Insurance Agents of Texas (IIAT) announced that Amanda Miller of New Braunfels has joined the association as governmental affairs manager and PAC coordinator. Miller has participated in a number of political campaigns both on the state and federal …

The article Miller Joins Governmental Affairs Team at IIAT appeared first on Insurance Journal.

Kretiv Joins XL Group Distribution & Network Team in Dallas

XL Group’s North America distribution and network team has added Michael Kretiv as vice president and client distribution leader. Based in XL’s Dallas office, Kretiv reports to Wayne Speeg, XL Group’s regional leader – South Central. Kretiv joins XL Group …

The article Kretiv Joins XL Group Distribution & Network Team in Dallas appeared first on Insurance Journal.

Virginia Task Force to Target Worker Misclassification, Payroll Fraud

Virginia Gov. Terry McAuliffe recently signed an executive order establishing an inter-agency task force that will target worker misclassification and payroll fraud. “Every Virginian who works hard and follows the rules should get the pay and benefits that they deserve,” …

The article Virginia Task Force to Target Worker Misclassification, Payroll Fraud appeared first on Insurance Journal.

InVEST Insurance Education Program Adopted by Chicago High Schools

InVEST, the insurance industry’s classroom to career education program, announced that all Chicago Public School Career and Technical Education (CTE) finance programs will now offer its curriculum to seniors. The program is a key incentive in attracting new talent to …

The article InVEST Insurance Education Program Adopted by Chicago High Schools appeared first on Insurance Journal.

Florida Businesses, Insurers to Fight Ruling Overturning Workers’ Comp System

A Florida circuit court judge has ruled that the state’s workers’ compensation law is unconstitutional because it no longer provides adequate benefits to injured workers giving up their right to sue. Florida 11th Circuit Court Judge Jorge Cueto handed down …

The article Florida Businesses, Insurers to Fight Ruling Overturning Workers’ Comp System appeared first on Insurance Journal.

1994 Full-Size Pickup Most Stolen Vehicle in Ohio Last Year

A new report from a national insurance group has identified the vehicle most targeted by thieves in Ohio last year: a 1994 full-size pickup truck. It was the second straight year that this Chevy truck headed the list from the …

The article 1994 Full-Size Pickup Most Stolen Vehicle in Ohio Last Year appeared first on Insurance Journal.

Prevention, Improved Response Stressed in West Explosion Report

Improvements in the response to large, complex fires was just one of the suggestions in a state fire marshal report on the fire and deadly explosion of a fertilizer plant in West, Texas, in the early evening of April 17, …

The article Prevention, Improved Response Stressed in West Explosion Report appeared first on Insurance Journal.

Allianz Launches Cyber Crime Coverage for Canadian Companies

Industrial insurance specialist Allianz Global Corporate & Specialty (AGCS) has launched Allianz Cyber Protect in Canada, a suite of coverages with capacity to protect a company in the event of a data loss or a cyber-security incident. Allianz Cyber Protect includes …

The article Allianz Launches Cyber Crime Coverage for Canadian Companies appeared first on Insurance Journal.

GEICO Lowers Commercial Auto Rates in Virginia

GEICO is introducing lower rates in Virginia for commercial auto insurance customers, including contractors, retailers, caterers, professional services and other businesses. Small business owners in particular need commercial vehicle insurance packages to cover their cars, trucks and vans used on …

The article GEICO Lowers Commercial Auto Rates in Virginia appeared first on Insurance Journal.

Alteris Launches Specialty Insurance Program for Large Water-Related Entities

Alteris Insurance Services, Inc., a wholly-owned subsidiary of Argo Group International Holdings, Ltd., an international underwriter of specialty insurance and reinsurance products, has launched a new specialty insurance program for large water-related entities in the contiguous U.S. (excluding Alaska and …

The article Alteris Launches Specialty Insurance Program for Large Water-Related Entities appeared first on Insurance Journal.

New Mexico Traffic Deaths Up 20% This Year

A government report shows that traffic deaths in New Mexico have increased about 20 percent this year. According to preliminary figures from the Department of Transportation, 204 people have died in traffic accidents from January through July. That’s up from …

The article New Mexico Traffic Deaths Up 20% This Year appeared first on Insurance Journal.

Southern California Gets Minor M3.6 Quake

A small earthquake has struck the San Bernardino Mountains but no damages or injuries are reported. The U.S. Geological Survey says the magnitude-3.7 quake struck at 9:55 p.m. It was centered 4 miles north of Big Bear City at a …

The article Southern California Gets Minor M3.6 Quake appeared first on Insurance Journal.

Wildfire Near Yosemite In California Threatens 500 Structures

Firefighters from throughout California have been dispatched today to protect homes threatened by a wildfire near Yosemite National Park. The nearly 2-square-mile blaze in Madera County had destroyed eight structures and was threatening 500 others around Oakhurst, which is about 16 miles …

The article Wildfire Near Yosemite In California Threatens 500 Structures appeared first on Insurance Journal.

IFG Companies Named Potts Regional Director in Arizona

IFG Cos. named Vickie L. Potts a regional director in its Scottsdale, Ariz. offices. Potts will be responsible for leading initiatives for the expansion of IFG’s bind operations in the Western and Midwestern states. Potts worked for nearly 17 years …

The article IFG Companies Named Potts Regional Director in Arizona appeared first on Insurance Journal.

AIG’s Mills Joins IFG in Atlanta As Managing Director

IFG Cos. has hired Steven M. Mills as managing director in its Submit unit. Mills will be based in IFG’s Atlanta office. In this capacity, Mills will be a member of the IFG’s Submit leadership team that continues to build …

The article AIG’s Mills Joins IFG in Atlanta As Managing Director appeared first on Insurance Journal.

Husband of Tennessee UPS Pilot Sues Honeywell Over Fatal Crash

The husband of a Tennessee pilot killed when a UPS cargo jet crashed in Alabama has filed suit against the company that made warning equipment used in the aircraft. Bret Tucker Fanning is seeking $2 million in his federal lawsuit …

The article Husband of Tennessee UPS Pilot Sues Honeywell Over Fatal Crash appeared first on Insurance Journal.

Fosun Said to Pursue Deal for Swiss Re’s Aurora in the U.S.

Fosun International Ltd., the investment arm of China’s biggest closely held conglomerate, is in talks to acquire a U.S. life insurance arm of Swiss Re Ltd., people with knowledge of the matter said. Fosun is seeking to buy Aurora National …

The article Fosun Said to Pursue Deal for Swiss Re’s Aurora in the U.S. appeared first on Insurance Journal.

Earthquake Gap: Insurance Sales Falling As Risk Rises

While earthquake risks are rising in the U.S., fewer homeowners nationally say they have earthquake insurance, creating a potentially huge gap in coverage, according to the Insurance Information Institute. That’s a problem, the I.I.I. said, with the potential cost of …

The article Earthquake Gap: Insurance Sales Falling As Risk Rises appeared first on Insurance Journal.

Tennessee-Based Community Health Reports 4.5M Records Hacked

Chinese hackers stole social security numbers, names and addresses from 4.5 million patients of Community Health Systems Inc., the second-biggest for-profit U.S. hospital chain, according to the company. The attacks occurred in April and June, the Franklin, Tennessee-based company said …

The article Tennessee-Based Community Health Reports 4.5M Records Hacked appeared first on Insurance Journal.

Heart of Atlantic Hurricane Season Starts as Storms Seem Dubious

The official start of the most active part of the Atlantic hurricane season arrives tomorrow with more of a whimper than a bang. If tradition holds, William Gray, who pioneered seasonal hurricane forecasting more than three decades ago, will ring …

The article Heart of Atlantic Hurricane Season Starts as Storms Seem Dubious appeared first on Insurance Journal.

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