Industry News

Business Insurance

AIG appoints ex-Swiss Re exec to be underwriting officer

Jun 25, 2018 American International Group Inc. has named Jamie Miller to be North America property...

Excavation contractor cited in trench fatality, deemed severe violator

Jun 25, 2018 U.S. workplace safety regulators have cited and proposed penalties of $202,...

Osaka quake damages more than 6,000 buildings

Jun 25, 2018 Japanese authorities said that a recent 6.1-magnitude earthquake damaged more than 6,200 buildings in Osaka Prefecture and 531...

Best's Reviews

AIG Names Chief Underwriting Officer, North America Property

Jun 25, 2018 American International Group Inc. has named Jamie Miller North America property chief underwriting officer, general insurance, effective June 25....

Colorado Springs Hailstorm Losses Could Cost Insurers $169 Million

Jun 25, 2018 Insured losses from a hailstorm that hit the Colorado Springs region could reach $169 million, according to the Rocky Mountain Insurance...

China’s Insurance Security Fund Takes Control of Anbang

Jun 25, 2018 Anbang Insurance Group has been taken over by China Insurance Security Fund Co. Ltd., an industrial risk bailout fund, according to a statement from the...

Philippines’ Microinsurance Premiums Grew 23% in First Quarter

Jun 25, 2018 The microinsurance industry in the Philippines recorded growth of 23% in the first quarter of 2018, with total premiums of 1.78 billion pesos (US$33....

Insurance Journal

Several Lawsuits Allege Racial Profiling in Oregon Businesses

Jun 25, 2018 Several African Americans are suing big-box stores and restaurants in Oregon, claiming employees at those places wrongly accused them of stealing because they were...

Honolulu Bills Aimed at Taxi, Ridesharing Companies

Jun 25, 2018 Officials in Honolulu, Hawaii are introducing two bills that would make regulations on traditional taxicab companies more in line with regulations on ridesharing companies. Taxi...

Energy Company Cited for 25 Safety Violations After Fatality at N.H. Plant

Jun 25, 2018 The U.S. Department of Labor’s Occupational Safety and Health Administration (OSHA) has cited EWP Renewable Corp., doing business as Springfield...

Florida Man Sentenced to Five Years’ Probation for Workers’ Comp Fraud

Jun 25, 2018 A Trinity, Fla., man has been sentenced to five years’ probation, with the first six months to be served on home detention, for making a false...

Claims Journal

Monsanto Faces Man Dying of Cancer in Roundup Trial

Jun 25, 2018 Lee Johnson’s doctors didn’t think he’d live long enough to testify in court that exposure to Monsanto Co.’s Roundup weed killer caused his deadly cancer....

People News: Farmers, Texas DOI, Integrated Risk Solutions

Jun 25, 2018 Farmers Insurance Names Howard as Chief Claims Officer Farmers Insurance announced former head of Claims Shared Services, Rob Howard, has been named the organization...

Illinois Town Residents Seek Normalcy After Gas Blast

Jun 25, 2018 The fiery house explosion that rocked a quiet Marengo, Ill., neighborhood one year ago still haunts residents who live nearby. Most damaged houses have been repaired or...

U.S. Agencies Aim to Ramp up Earth’s Protection From Asteroids, Comets

Jun 25, 2018 The U.S. government is stepping up efforts to protect the planet from incoming asteroids that could wipe out entire regions or even continents. The National...