Industry News

Insurance Journal

Exclusive: California Broker Plans Parametric Quake Product That Pays Even If No Damage

Jul 21, 2017 A California broker is promising to bring a “first-of-its-kind financial resource” that pays homeowners after an earthquake for a...

Chubb Launches Multi-line Practice for Large Transportation Clients

Jul 21, 2017 Chubb has launched a multi-line industry practice within its Major Accounts division that will provide insurance products, service and risk management options...

Morris Reappointed to Louisiana Workers’ Comp Advisory Council

Jul 21, 2017 Michael D. Morris of Baton Rouge has been reappointed to the Louisiana Workers’ Compensation Advisory Council. Morris is an attorney and the chief...

Hundreds Evacuate from Flooding in Western Wisconsin City

Jul 21, 2017 Several hundred people evacuated their homes early on July 20 in the small western Wisconsin community of Arcadia where heavy rain sent a creek over its banks. The...

Best's Reviews

Stephen Catlin: Clear Evidence That We Are Creating Societal Value

Jul 21, 2017 Stephen Catlin, executive deputy chairman, XL Group, said initiatives involving insurance announced by the United Kingdom and other governments...

EY Global Insurance Sector Leader: Talent, Not Tech, Is Primary Driver of Industry’s Future

Jul 21, 2017 Shaun Crawford, global insurance sector leader, EY, said most of the insurance-focused technology capturing headlines is...

Prudential Financial Reorganizes US Businesses Into Three Groups

Jul 21, 2017 Prudential Financial Inc. said it will implement a new structure comprising three main groups for its U.S. businesses in an effort to extend...

Southern California Insurance Agent Charged in $1.1 Million Fraud, Theft

Jul 21, 2017 A California insurance agent has been charged with defrauding five clients out of more than $1.1 million. Shawn Heffernan, 42, faces...

Business Insurance

Markel unit prevails in leased-warehouse fire dispute with owner

Jul 21, 2017 A Markel Corp. unit was not negligent in failing to provide adequate insurance for the owner of a...

Aon offers driver injury protection for gig-economy workers

Jul 21, 2017 Aon P.L.C. is collaborating with One Beacon Insurance Group to develop and offer driver...

Wells Fargo ordered to reinstate employee in whistleblower case

Jul 21, 2017 Wells Fargo & Co. was ordered to reinstate a former branch manager who was fired after she...

Proposal addresses causation, multiple conditions in workers comp claims

Jul 21, 2017 A bill presented to lawmakers in Texas on Wednesday aims to tackle the...

Property Casualty 360

Reinsurers find sense in ethical investing

Jul 21, 2017 Reinsurance is one of the more conservative disciplines in global finance. It's also one of the most forward-looking.

People on the move in the P&C insurance industry: July 21, 2017

Jul 21, 2017 News from TransRe, Marsh, Hub International Limited and more.

How to embrace confrontation and grow your insurance agency business

Jul 21, 2017 If your goal is to retain clients and to grow your business, you should not run from confrontation.

Top 5 steps for a bicyclist involved in a crash

Jul 21, 2017 Insurance agents often have P&C insurance clients that are avid cyclists. Here's an article to share that offers helpful tips for dealing...

Claims Journal

Fraud News: Attorney Takes Client’s Money, Fire Captain Files Fake Claim

Jul 21, 2017 Kentucky attorney charged with defrauding insurance clients A Kentucky attorney is facing charges in federal court that he defrauded clients out of their...

Hazard Mitigation Program Aims to Strengthen Louisiana Against Storms

Jul 21, 2017 Louisiana will spend nearly $277 million in federal cash it received after last year’s floods to fortify communities against future disasters, mainly...

Some Determined to Stay Even as Florida Sinkhole Grows Wider

Jul 21, 2017 The Florida sinkhole that swallowed two homes last week isn’t getting any deeper, but it’s getting wider, officials said Wednesday – and one resident...

No Real Rule on How Hot is too Hot on a Plane

Jul 21, 2017 Every day, tens of thousands of U.S. airline passengers settle into their seats, lower the window shades and reach up to twist the air vents without the benefit of something that...