Industry News

Best's Reviews

NY Regulator to Probe Insurer Denials of Life, Long-Term Care, Liability Insurance

Feb 20, 2018 New York state insurance regulators are investigating alleged insurer denials of life, long-term care and disability insurance...

1347 Property Insurance Holds $20 Million Underwritten Public Offering, Seeks Coastal Expansion

Feb 20, 2018 1347 Property Insurance Holdings Inc. has started an 800,000-share underwritten public offering intended to raise $20...

Randall & Quilter Completes Reinsurance to Close Deal for Lloyd’s Syndicate

Feb 20, 2018 Runoff specialist Randall & Quilter said it reached an agreement with Hamilton Underwriting Ltd., in conjunction with Axa DBIO, to...

Best’s Special Report: Reserve and Rate Increases Pose Challenges for Long-Term Care Writers; Loss Ratio Remains Volatile

Feb 20, 2018 A steady increase in claims and unfavorable experience for long-term care insurers, combined...

Business Insurance

Kentucky accuses Cardinal Health of contributing to opioid epidemic

Feb 20, 2018 (Reuters) — Kentucky’s attorney general has filed a lawsuit against Cardinal Health Inc.,...

Manufacturer cited for safety hazards after finger amputation

Feb 20, 2018 The U.S. Occupational Safety and Health Administration on Friday has cited a Mobile, Alabama-...

RiskBlock Alliance adds 18 members, including major insurers

Feb 20, 2018 The RiskBlock Alliance, the distributed ledger technology consortium formed by The...

Environmental contractor settles OSHA retaliation claim

Feb 20, 2018 The U.S. Occupational Safety and Health Administration and Environmental Management Specialists Inc. have...

Insurance Journal

Leavitt Group Adds Field Waldo’s Esper in Idaho

Feb 20, 2018 Leavitt Group of Boise, Idaho is has named Rosie Esper as a personal insurance agent. Esper focuses on home and auto insurance for families and individuals. Esper has been in the...

Flooded Out North Dakotans Offered Incentives to Buy New Homes

Feb 20, 2018 Minot residents whose homes were damaged by the 2011 Souris River flooding or are being bought out for flood protection might be eligible to up to $60,000 for help...

Judge Say Administrators Not Liable for Ohio School Shooting

Feb 20, 2018 Five former administrators at a northeastern Ohio school district where three high school students were fatally shot and a fourth permanently disabled are not liable...

Lawyer: 13-Year-Old Oil Leak Off Louisiana Coast a ‘Long-Term Problem’

Feb 20, 2018 A 13-year-old oil leak in the Gulf of Mexico remains a “long-term problem” without a clear solution for eliminating chronic slicks that...

Property Casualty 360

2017 natural disasters mean insurance rate increases in 2018

Feb 20, 2018 While insurance industry surplus reached an all-time high in mid-2017, exceeding $700 billion, last year’s catastrophic events’...

The role of automation in data security

Feb 20, 2018 As compliance requirements multiply and become more fragmented, it's increasingly difficult to maintain uniformity in all 51 states.

Insurance leaders talk Insurance Careers Month at virtual town hall

Feb 20, 2018 Since 2016, February has been recognized as Insurance Careers Month. See what some industry leaders had to say about it.

Stop drinking the 'buy leads' Kool-Aid

Feb 20, 2018 An insurance sales trainer describes a strategy you could use to grow your own prospects.

Claims Journal

Medical Marijuana Treatment Slowly Gains Traction in Workers’ Comp

Feb 20, 2018 Though states and the federal government remain at odds on marijuana legalization, the drug is gaining traction as a viable treatment in workers’ comp claims...

School Shootings Reveal Confusion Over Fire Alarm With Gunfire

Feb 20, 2018 Students and teachers responded as trained when the fire alarm sounded, streaming out of the school and toward exits only to run into deadly gunfire. Two boys with...

Kansas House Panel Rejects Bill to Prevent Oil and Gas Quakes

Feb 20, 2018 A Kansas House committee has rejected a bill that was designed to prevent earthquakes that experts say are caused by oil and gas production wastewater disposal methods....

Detroit Man Sues Contractor for Alleged Discrimination

Feb 20, 2018 A Detroit, Mich., construction worker is suing a contractor for alleged discrimination and racism. Harold Wilson, 63, filed a lawsuit against Hardman Construction Inc. last...