December 11, 2017
Mutual Insurance Agency
Mon, 11 Dec 2017 06:58:13 +0000
Scott Margraves has been elected to serve as president of the Independent Insurance Agents of Houston (IIAH) for a term that expires Aug. 31, 2018. Margraves is a commercial lines producer for TDECU Insurance Agency LLC. He has been with …
Mon, 11 Dec 2017 06:00:30 +0000
Digital insurer Lemonade says companies that integrate its insurance sales platform, or API, into their own apps and web sites “generally speaking do not have to be licensed as insurance agents or brokers.” At the same time, the insurer said …
Mon, 11 Dec 2017 06:00:27 +0000
Uber Technologies Inc. and a woman who accused top executives of improperly obtaining her medical records after a company driver raped her in India have agreed to settle a civil lawsuit the woman filed against Uber in June, according to …
Mon, 11 Dec 2017 06:00:27 +0000
It’s good for a boss to be humble – as long as that’s what the firm’s employees expect. Some workplace teams showed more creativity if the employees rated their bosses as showing more humility, Ohio State researchers studying workplaces in …
Mon, 11 Dec 2017 06:00:08 +0000
U.S. property/casualty insurers will rebound in 2018 from the late-2017 onslaught of hurricanes and wildfires, but it will take a while to return to “significant underwriting profits,” Fitch Ratings predicted in a new report. “While performance is like...
Mon, 11 Dec 2017 05:48:39 +0000
An unusually heavy December snowfall across much of the Deep South tapered off Saturday, but icy road conditions left problems and thousands remained without electricity throughout the region. Forecasters warned that moisture on the roadways could free...
Mon, 11 Dec 2017 05:43:41 +0000
Officials say 41 students in Kentucky have been injured in a crash involving three school buses. Jefferson County Public Schools spokesman Daniel Kemp told news outlets the crash happened Thursday morning on a highway in Louisville as the students were …
Mon, 11 Dec 2017 05:41:40 +0000
Atlas Insurance Management, a captive insurance management firm, has hired Gail Olsen as senior vice president – Finance & Compliance. Based in the firm’s Charlotte, N.C., office, Olsen brings to Atlas over 25 years of experience as a finance executi...
Fri, 08 Dec 2017 16:12:20 +0000
The FBI is joining efforts to prevent fraud related to Northern California wildfire recovery efforts. Nearly two dozen blazes ripped through the region in mid-October, destroying 8,800 structures and 245,000 acres of land. The FBI announced Wednesday i...
Fri, 08 Dec 2017 16:03:29 +0000
The California Division of Workers’ Compensation will adopt an evidence-based drug formulary for medical providers treating injured workers beginning Jan. 1, 2018, following approval by the Office of Administrative Law. The DWC will host two informatio...
Fri, 08 Dec 2017 15:51:45 +0000
A total of 86,242 homes in Ventura and Los Angeles counties with a combined reconstruction cost value of $27.7 billion are at some level of risk from the Thomas, Rye and Creek Wildfires, according to a CoreLogic report issued on …
Fri, 08 Dec 2017 14:39:55 +0000
A Vermont man denied in court papers Wednesday allegations that he killed his millionaire grandfather in 2013 and claims he doesn’t know the whereabouts of his mother who disappeared after a boat they were on sank off Rhode Island. Nathan …
Fri, 08 Dec 2017 14:33:47 +0000
Eliclade’s Service Inc. of Cranston, R.I., recently joined Satellite Agency Network (SAN) Group Inc., an alliance of independent insurance agencies in the Northeast. Through this affiliation, Eliclade’s Service can offer clients a larger variety of ins...
Fri, 08 Dec 2017 14:30:08 +0000
Distinguished LLC, a New York, N.Y.-based group of entrepreneurial businesses serving the insurance industry, has acquired American Hole ‘n One (AHNO), a global hole-in-one and event promotions company. In tandem with the AHNO acquisition, Distinguishe...
Fri, 08 Dec 2017 14:22:50 +0000
Risk Strategies Company, a privately held, national insurance brokerage and risk management firm, has acquired Delmarva Surety in a move that extends its Mid-Atlantic footprint while adding specialized contract surety expertise. Terms of the deal were ...
Fri, 08 Dec 2017 13:27:11 +0000
Many independent U.S. truckers are pushing President Donald Trump to back his anti-regulatory rhetoric by delaying an Obama-era rule requiring electronic monitors in trucks, a measure some drivers fear could put them out of business due to extra costs....
Fri, 08 Dec 2017 13:21:08 +0000
From the very start of his presidency, Donald Trump has made it a high priority to reduce the level of federal regulation. And in 2017, the stock market has boomed. Many business leaders believe that this is hardly a coincidence, …
Fri, 08 Dec 2017 12:59:17 +0000
London’s financial industry welcomed progress on a divorce deal with the European Union on Friday but said it saw little reason to alter preparations for when Britain leaves the EU. The agreement on Friday paves the way for arduous trade …
Fri, 08 Dec 2017 11:23:40 +0000
Aspen Insurance Holdings Ltd. announced that David Schick has been appointed group chief operating officer. Schick joins Aspen from Maybank where he was executive vice president, Group Strategy and Transformation, and director of Strategic Operational ...
Fri, 08 Dec 2017 11:05:50 +0000
A Slovenian cryptocurrency mining marketplace, NiceHash, said it lost about $64 million worth of bitcoin in a hack of its payment system, the latest incident to highlight risks that uneven oversight and security pose to booming digital currencies. Nice...
Fri, 08 Dec 2017 10:46:08 +0000
Brit Ltd. announced it is relocating its Gibraltar-based reinsurer, Brit Insurance (Gibraltar) PCC Ltd., to Bermuda. The process is expected to be completed by the end of the year, following which Brit Insurance (Gibraltar) will be renamed Brit Reinsur...
Fri, 08 Dec 2017 10:31:31 +0000
Swiss Re announced that John Dacey, currently group chief strategy officer, has been appointed group chief financial officer, effective April 1, 2018. He succeeds David Cole, who will step down to pursue a non-executive career, while remaining a board ...
Fri, 08 Dec 2017 10:09:33 +0000
Kobe Steel Ltd. said on Friday it has been hit with lawsuits over its data tampering scandal and has had two more badges of industrial quality removed, the latest setbacks for the Japanese steelmaker as it seeks to restore its …
Fri, 08 Dec 2017 09:45:52 +0000
Insurance Australia Group Ltd. said on Friday it will share 12.5 percent of its premiums and costs with Munich Re, Swiss Re and Hannover Re, in a series of deals that will release capital for Australia’s biggest general insurer. The …
Fri, 08 Dec 2017 09:26:28 +0000
Britain and the European Union struck a divorce deal on Friday that paves the way for arduous talks on future trade ties, easing immediate pressure on Prime Minister Theresa May and boosting hopes of an orderly Brexit. May rushed to …
Fri, 08 Dec 2017 06:43:35 +0000
Columbus, Ohio-based auto insurance startup, Root Insurance, has hired Jon Allison as its first general counsel. Prior to joining Root, Allison served on the senior management team of CareSource, a regional non-profit managed health care plan. He was a...
Fri, 08 Dec 2017 06:35:34 +0000
A Michigan nonprofit has settled a lawsuit over an incident in which a group of students injured a boy during recess at a public charter school it operates. The North Flint Reinvestment Corporation was ordered to pay $25,000 for the …
Fri, 08 Dec 2017 06:22:48 +0000
Prospect General Insurance Agency has expanded Flood Guard, its admitted residential flood insurance product, into Oregon. Flood Guard provides residential flood coverage and is an alternative to the National Flood Insurance Program (NFIP). Through its...
Fri, 08 Dec 2017 06:21:15 +0000
Texas Commissioner of Workers’ Compensation Ryan Brannan has thanked members of the Southern Association of Workers’ Compensation Administrators (SAWCA) for the generosity and goodwill they’ve shown to Texas Division of Workers’ Compensation (DWC) empl...
Fri, 08 Dec 2017 06:15:51 +0000
Kansas City, Missouri-based global professional services firm, Lockton, has added Mark Haegele and Brian Fallon to its employee benefits team in St. Louis. As a producer, Haegele will identify clients and their complex risk exposure, while Fallon will ...