Industry News

Insurance Journal

Florida Professor Fired for Saying Sandy Hook a Hoax in Blog Loses Lawsuit

Dec 14, 2017 A Florida college professor fired after publicly saying the Sandy Hook school shooting in Connecticut was a hoax has lost a lawsuit claiming he was...

Cavignac & Associates in California Names Lopez Account Administrator

Dec 13, 2017 San Diego, Calif.-based Cavignac & Associates has named Linda Lopez account administrator of its employee benefits department. Lopez will assist the...

Traces of GenX Compound Found in North Carolina Food Product

Dec 13, 2017 The unregulated compound found in more than 80 drinking water wells near a chemical company’s manufacturing facility in North Carolina has been found in a...

Sommer Named Interim Executive Director at Oklahoma WCC as Bailey Departs

Dec 13, 2017 The Oklahoma Workers’ Compensation Commission (WCC) announced that Executive Director Kim Bailey has resigned and Administrative Law Judge...

Business Insurance

Injury, illness reporting accuracy key as electronic deadline nears

Dec 13, 2017 Employers should pay careful attention to their U.S. Occupational Safety and Health...

California regulators commit to quarterly comp drug formulary updates

Dec 13, 2017 The California closed drug formulary for workers compensation will be updated quarterly...

Oklahoma Workers Comp Commission official to step down

Dec 13, 2017 Oklahoma Workers’ Compensation Commission Executive Director Kim Bailey will resign effective Dec. 19.

Best's Reviews

A.M. Best Assigns Credit Ratings to Stewart Title Guaranty de México, S.A. de C.V.

Dec 13, 2017 A.M. Best has assigned a Financial Strength Rating of A- (Excellent), a Long-Term Issuer Credit Rating of “a-” and the Mexico...

Fed Raises Benchmark Interest Rate; Is Third Hike this Year

Dec 13, 2017 The Federal Reserve again moved to increase interest rates on investments by 0.25% — the third such rate increase this year — as the Fed alters monetary...

A.M. Best Places Credit Ratings of Mountain Life Insurance Company Under Review with Negative Implications

Dec 13, 2017 A.M. Best has placed under review with negative implications the Financial Strength Rating of B+ (Good)...

Verisk Says 96% of Properties Within Massive Thomas Wildfire at High or Extreme Risk

Dec 13, 2017 The massive Thomas Fire continues to rage in Southern California, putting 96% of the property within the fire perimeter at high...

Property Casualty 360

N.Y. issues regs barring auto insurers from asking about occupation, education

Dec 13, 2017 Auto insurance companies in New York can no longer ask about education and occupation as factors for setting...

Around the P&C insurance industry: Dec. 13, 2017

Dec 13, 2017 News from Arthur J. Gallagher & Co., Risk Strategies Company, Sedgwick Claims Management Services Inc. and more.

Independent insurance agents have an edge in the digital market

Dec 13, 2017 When purchasing policies and filing claims, customers want to be able to talk with someone who understands their needs.

USI cybersecurity study highlights growing threats and shifting risks

Dec 13, 2017 A new cybersecurity and data privacy study from USI highlights the top shifting risks and concerns among small and...

Claims Journal

Winds Persist as Wildfires Continue to Threaten Homes in California

Dec 13, 2017 The winds aren’t changing for Southern California’s wildfires yet. The fifth largest blaze in state history was threatening thousands of homes as it...

Business News: Liberty Mutual, AIG, Consolidated Claims Group

Dec 13, 2017 Liberty Mutual Eliminating Over 600 roles in New Hampshire Liberty Mutual has announced it is cutting about 620 positions in New Hampshire. Foster’s Daily...

Drainage Tunnel Near Mount St. Helens Needs Work to Avert Flood Risks

Dec 13, 2017 Long-term strategies are needed to deal with the risks of mudflows and flooding left behind by the 1980 Mount St. Helens eruption, according to a report by the...

NTSB to Issue Probable Cause of El Faro’s Sinking

Dec 13, 2017 Federal accident investigators on Tuesday will determine the probable cause of the sinking of the cargo ship El Faro, the worst maritime disaster for a U.S.-flagged vessel in...