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Source: Insurance Journal
Russia Air Safety Record Near Bottom of Global League
- October 23, 2014, 11:03 am

Regardless of who is to blame for the death of Total’s boss at the Moscow airport favored by President Vladimir Putin, it reinforces an indisputable fact: Russia’s air-safety record is dreadful and the wave of crashes is not abating. Numerous official investigations and a …

The article Russia Air Safety Record Near Bottom of Global League appeared first on Insurance Journal.

NHTSA Apologizes for Troubled Website, Bulletin on Airbag Defects
- October 23, 2014, 10:57 am

The National Highway Traffic Safety Administration botched its effort to inform the public about a potentially lethal air-bag defect, directing 8 million consumers to an inoperable website and leaving millions of others unsure as to whether their cars were even …

The article NHTSA Apologizes for Troubled Website, Bulletin on Airbag Defects appeared first on Insurance Journal.

Chairman of Key House Committee for Insurers Could Face Challenge
- October 23, 2014, 10:50 am

House Financial Services Committee Chairman Jeb Hensarling is facing a long-shot challenge to his chairmanship from an Oklahoma Republican. Representative Frank Lucas announced he is considering opposing Hensarling for the panel’s gavel. Hensarling, a Texas Republican, under his party’s rules …

The article Chairman of Key House Committee for Insurers Could Face Challenge appeared first on Insurance Journal.

Kempthorne Named Chair of Global Federation of Insurance Associations
- October 23, 2014, 10:43 am

The Global Federation of Insurance Associations (GFIA) has announced the appointment of Governor Dirk Kempthorne as its new chair, for a two-year term. Kempthorne, who is president and CEO of the American Council of Life Insurers, replaces Frank Swedlove, the …

The article Kempthorne Named Chair of Global Federation of Insurance Associations appeared first on Insurance Journal.

Nissan Expands Global Recall by 260,000 Vehicles
- October 23, 2014, 10:33 am

Nissan Motor Co. expanded a global recall of cars using Takata Corp.-made air bags, which have been linked to four deaths in Honda Motor Co. cars. Nissan will call back 260,000 vehicles worldwide, including 104,905 units in Japan, Yuriko Masuda, …

The article Nissan Expands Global Recall by 260,000 Vehicles appeared first on Insurance Journal.

Some Insurers Exclude Ebola; Others Offer New Products
- October 23, 2014, 10:17 am

As fear of Ebola infections spreads to developed economies, U.S. and British insurance companies have begun writing Ebola exclusions into standard policies to cover hospitals, event organizers and other businesses vulnerable to local disruptions. As a result, new policies and …

The article Some Insurers Exclude Ebola; Others Offer New Products appeared first on Insurance Journal.

Climate Change Report Slams Insurers for ‘Profound Lack of Preparedness’
Don Jergler - October 23, 2014, 12:06 am

A report on the insurance industry released Wednesday shows “a profound lack of preparedness in addressing climate-related risks and opportunities.” Insurance industry representatives immediately criticized the report as a negative take on the industry’s ability to adapt and not reflective of …

The article Climate Change Report Slams Insurers for ‘Profound Lack of Preparedness’ appeared first on Insurance Journal.

Horse and Buggy Crashes Decline but Still Deadly in Lancaster County, Penn.
- October 22, 2014, 10:25 pm

Nothing says “Lancaster County” in Pennsylvania like the sight and sound of a lathered horse pulling a square, black buggy down the road. The county undoubtedly has more of the horse-powered vehicles than any other in Pennsylvania, based on population …

The article Horse and Buggy Crashes Decline but Still Deadly in Lancaster County, Penn. appeared first on Insurance Journal.

Delaware Commissioner Urges Treasury to Reconsider MetLife’s SIFI Designation
- October 22, 2014, 8:02 pm

Delaware Insurance Commissioner Karen Weldin Stewart has recently sent a letter to U.S. Treasury Secretary Jacob Lew and other federal regulators urging them to reconsider their vote to propose that MetLife be labeled as a “systemically important financial institution” (SIFI). …

The article Delaware Commissioner Urges Treasury to Reconsider MetLife’s SIFI Designation appeared first on Insurance Journal.

UPenn’s Interdisciplinary Research Seeks to Track Ambler’s Asbestos Legacy
- October 22, 2014, 7:34 pm

Joe Amento, a lifelong resident of Ambler, Pennsylvania, was 53 when he died of a rare cancer with one main cause — exposure to asbestos. He was fine at Christmas 2002. In January, a pain in his side kept him …

The article UPenn’s Interdisciplinary Research Seeks to Track Ambler’s Asbestos Legacy appeared first on Insurance Journal.

Suhr Names Dershimer Vice President of Employee Benefits in California
- October 22, 2014, 6:36 pm

Suhr Risk Services has named Jed Dershimer vice president of employee benefits in San Jose, Calif. Dershimer previously worked at Hays Companies, ADP and Verizon, in addition to a lengthy prior stint with Suhr. He specializes in architecting and implementing …

The article Suhr Names Dershimer Vice President of Employee Benefits in California appeared first on Insurance Journal.

Mass. DOI Issues Bulletin on Policy Term Disclosure Requirements
- October 22, 2014, 4:59 pm

The Massachusetts Division of Insurance issued a bulletin spelling out new disclosure requirements for insurance premium quotes for private passenger motor vehicle and personal property insurance. The Bulletin 2014-08, published on Oct. 20, addresses disclosure issues for coverage and premium …

The article Mass. DOI Issues Bulletin on Policy Term Disclosure Requirements appeared first on Insurance Journal.

Hopper Appointed Head of Energy for ANV Syndicate 1861
- October 22, 2014, 4:50 pm

ANV Holdings BV, the Dutch headquartered specialty insurance business, has appointed John Hopper as head of energy to lead its energy underwriting team within ANV Syndicate 1861. Hopper comes to ANV after being a leading member of the offshore energy division …

The article Hopper Appointed Head of Energy for ANV Syndicate 1861 appeared first on Insurance Journal.

Number of Young Ohioans Getting Driver’s License Drops
- October 22, 2014, 4:33 pm

Fewer young people in Ohio are getting their driver’s license, according to state data and new research. The number of licensed drivers in Ohio ages 16 to 20 is 8.5 percent lower than 10 years ago, The Columbus Dispatch reports. …

The article Number of Young Ohioans Getting Driver’s License Drops appeared first on Insurance Journal.

All-Star Insurance Adds 2 Agents Gilmer, Texas
- October 22, 2014, 4:29 pm

All-Star Insurance Group Inc., a full service independent insurance agency based in Gilmer, Texas, has added Joye Cooper and Jeniffer Kitchell as agents. Cooper will maintain an office at All-Star Insurance Group’s home office located at 201 East Marshall St. …

The article All-Star Insurance Adds 2 Agents Gilmer, Texas appeared first on Insurance Journal.

Towers Watson Predicts Moderate Global Growth, Downside Risks
- October 22, 2014, 4:22 pm

Towers Watson says that overall global growth in the next three to five years will be moderate and divergent on a country basis, and risks to global growth are skewed to the downside in its report entitled “Secular Outlook 2014: …

The article Towers Watson Predicts Moderate Global Growth, Downside Risks appeared first on Insurance Journal.

NHL Concussion Lawsuit Filed in Federal Court in Minnesota
- October 22, 2014, 4:21 pm

The consolidated class-action lawsuit by former NHL players against the league over concussion-related injuries has been filed in federal court. Attorneys for the ex-players filed the complaint in Minnesota. The case had been assigned to U.S. District Judge Susan Richard …

The article NHL Concussion Lawsuit Filed in Federal Court in Minnesota appeared first on Insurance Journal.

The Horton Group Acquires BF&S Insurance
- October 22, 2014, 4:07 pm

Orland Park, Ill.-based insurance brokerage, The Horton Group, announced the acquisition of certain assets of Boyle, Flagg and Seaman (BF&S) Insurance, located in Illinois and Michigan. BF&S’s Illinois retail operations will now operate under the Horton name and staff will …

The article The Horton Group Acquires BF&S Insurance appeared first on Insurance Journal.

Pageler Named Chair of National Insurer Group’s Fraud Committee
- October 22, 2014, 4:00 pm

Ranney Pageler, vice president of fraud investigations at Employers Insurance, has been named chair of the Property Casualty Insurers Association of America (PCI) Fraud Committee. Pageler, who is based in Austin, Texas, will serve a two-year term in this role. …

The article Pageler Named Chair of National Insurer Group’s Fraud Committee appeared first on Insurance Journal.

Mullis Newby Hurst Opens Office in San Antonio
- October 22, 2014, 3:58 pm

Dallas-based Mullis Newby Hurst LP (MNH), one of the largest writers of construction insurance and surety bonds in the Southwest, has hired David Layman to expand to San Antonio. Layman has served as head of contract surety underwriting for NAS Surety …

The article Mullis Newby Hurst Opens Office in San Antonio appeared first on Insurance Journal.

Oregon Worker Severs Fingers At Potato Plant: Safety Division
- October 22, 2014, 3:55 pm

Oregon’s Occupational Safety and Health Division is investigating after a female employee severed four fingers on her right hand in a workplace accident at a potato plant in Boardman. The East Oregonian reported that agency spokeswoman Melanie Mesaros says the …

The article Oregon Worker Severs Fingers At Potato Plant: Safety Division appeared first on Insurance Journal.

Landslide Cleanup Deal Reached in Oregon, Insurers to Pay
- October 22, 2014, 3:52 pm

A legal path has been cleared for hundreds of tons of debris to be removed from a waterway south of Coos Bay, Ore. that’s home to federally protected coho salmon and green sturgeon. In April 2012, a massive construction landslide sent mud, …

The article Landslide Cleanup Deal Reached in Oregon, Insurers to Pay appeared first on Insurance Journal.

Indiana-Based Voldico Insurance Hires Robinson as President
- October 22, 2014, 3:52 pm

Voldico Insurance, based in Osgood, Ind., has hired John Robinson as president. Robinson will oversee strategy setting, operational and revenue growth initiatives for the company. He will be the primary relationship manager with Voldico’s insurance carriers. Robinson will work out of …

The article Indiana-Based Voldico Insurance Hires Robinson as President appeared first on Insurance Journal.

5.0M Earthquake Felt In Alaska’s Interior
- October 22, 2014, 3:50 pm

Seismologists say a moderate earthquake struck Alaska and was felt in communities of the state’s interior. The Alaska Earthquake Center says the 5.0 magnitude earthquake occurred at 4:36 p.m. Monday. State seismologist Michael West says the quake was centered about …

The article 5.0M Earthquake Felt In Alaska’s Interior appeared first on Insurance Journal.

550 West Virginia Coal Miners Flunk Drug Tests
- October 22, 2014, 3:10 pm

In the last two years, more than 550 West Virginia coal miners have temporarily lost their mining certifications because they failed a drug test. State Office of Miner’s Health, Safety and Training Eugene White released the numbers to a legislative …

The article 550 West Virginia Coal Miners Flunk Drug Tests appeared first on Insurance Journal.

Georgia Estimates Insured Storm Damage at $6 Million
- October 22, 2014, 3:04 pm

The Georgia Insurance Commissioner said consumers have reported multimillion dollar insured losses from a storm that included several tornadoes. Commissioner Ralph Hudgens said that reported damage from last week’s storm is estimated to be roughly $6 million. Hudgens said consumers …

The article Georgia Estimates Insured Storm Damage at $6 Million appeared first on Insurance Journal.

North Carolina Opens Hearing on Homeowners Rate Hike
Emery P. Dalesio - October 22, 2014, 3:02 pm

North Carolina’s insurance commissioner on Monday began deciding whether to allow homeowners’ coverage costs to rise by as much as 35 percent even as some insurers demand even higher rates in agreements with customers. Craig Smith has seen the annual …

The article North Carolina Opens Hearing on Homeowners Rate Hike appeared first on Insurance Journal.

ACE’s Greenberg Says TRIA Inaction ‘Shameful’; Defends Ebola Underwriting
Andrew G. Simpson - October 22, 2014, 2:18 pm

The failure of Congress to renew federal terrorism reinsurance legislation is “shameful” because both political parties know it needs to be done and their differences are minor, an insurance executive said today. Evan G. Greenberg, chairman and CEO of ACE …

The article ACE’s Greenberg Says TRIA Inaction ‘Shameful’; Defends Ebola Underwriting appeared first on Insurance Journal.

EPIC Hires Walsh as Executive Liability, Financial Lines Principal in Conn.
- October 22, 2014, 1:56 pm

Retail insurance broker EPIC (Edgewood Partners Insurance Center) has hired John Walsh as principal of Executive Liability and Financial Lines insurance. Walsh will be based in Stamford, Connecticut, and will report to Steve Levene, managing principal of EPIC Risk Solutions. …

The article EPIC Hires Walsh as Executive Liability, Financial Lines Principal in Conn. appeared first on Insurance Journal.

MEMIC Hires Comer as Senior Production Underwriter in Virginia
- October 22, 2014, 1:52 pm

Workers’ compensation insurer The MEMIC Group has hired Roger Comer as senior production underwriter to serve its agents in Northern Virginia and Maryland. Comer is based in The MEMIC Group’s Tysons Corner, Virginia, office. Roger Comer brings more than 12 …

The article MEMIC Hires Comer as Senior Production Underwriter in Virginia appeared first on Insurance Journal.

Southwest Risk, L.P. celebrated our 10 year anniversary and spectacular new offices with an Open House party on April 29th.

Thank you to all who attended. Please click here to see photos from the event.