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Today’s Insurance News
Source: Insurance Journal
N.J. Roofing Co. Exec Admits to Misleading Its Workers’ Comp Carrier
- April 18, 2014, 1:58 am

Authorities said the president of a roofing company in New Jersey pleaded guilty to providing false and misleading information to the company’s workers’ compensation carrier in order to avoid paying hundreds of thousands of dollars in insurance premiums that he …

The article N.J. Roofing Co. Exec Admits to Misleading Its Workers’ Comp Carrier appeared first on Insurance Journal.

On Anniversary of Texas Fertilizer Explosion, Families Seek Balance
- April 18, 2014, 12:44 am

Families of the 15 people killed in a massive explosion at a Texas fertilizer plant have spent the year since the blast navigating the difficult balance between moving forward and digging for answers from the past. Many of them filed …

The article On Anniversary of Texas Fertilizer Explosion, Families Seek Balance appeared first on Insurance Journal.

Arkansas Kicks Off $2B Highway Improvement Program
- April 18, 2014, 12:36 am

State transportation officials marked the start of a nearly $2 billion construction program to improve and widen roadways in a ceremony on April 16 in Little Rock. The event officially kicked off the department’s Connecting Arkansas Program, a $1.8 billion …

The article Arkansas Kicks Off $2B Highway Improvement Program appeared first on Insurance Journal.

Ohio Warning Rideshare Drivers About Insurance Risks
- April 18, 2014, 12:27 am

Ohio is warning drivers considering work with a ridesharing service such as Uber or Lyft to understand the insurance implications. Rideshare companies operating in Columbus, Cincinnati and Cleveland use smartphone apps to connect potential passengers with drivers using their personal …

The article Ohio Warning Rideshare Drivers About Insurance Risks appeared first on Insurance Journal.

Farmers Insurance Expects $75M in Claims from Midwest Storms
- April 18, 2014, 12:22 am

A system of severe weather moving through multiple Midwest states in early April brought tornadoes, hail, severe winds and flooding in Illinois, Kansas, Missouri and Texas. Farmers Insurance estimates that its expected claims volume from these states will total approximately …

The article Farmers Insurance Expects $75M in Claims from Midwest Storms appeared first on Insurance Journal.

ProHost, XL Group Partner on Restaurant Insurance Package
- April 18, 2014, 12:16 am

ProHost USA, a Minneapolis, Minn.-based national program administrator specializing in restaurant insurance for 25 years, announced it is partnering with XL Group to provide packaged insurance coverages for fine dining and family restaurants. The exposures faced by high-end restaurants include …

The article ProHost, XL Group Partner on Restaurant Insurance Package appeared first on Insurance Journal.

Vermont’s Updated Captive Law to Allow ‘Dormant’ Status for Inactive Captives
- April 17, 2014, 10:29 pm

Vermont’s Gov. Peter Shumlin signed new legislation updating Vermont’s captive law, amending the reciprocal insurer section and creating a new “dormant” status for captives. Officials said the new dormant status establishes an efficient mechanism and an option for captives that …

The article Vermont’s Updated Captive Law to Allow ‘Dormant’ Status for Inactive Captives appeared first on Insurance Journal.

Students at 5 Texas Universities Receive Insurance Council Scholarships
- April 17, 2014, 7:43 pm

Twenty four insurance and risk management students at five Texas universities were recently awarded academic scholarships from the Insurance Council of Texas (ICT) Education Foundation. The students attend Huston-Tillotson University, Texas Southern University, the University of Texas Pan American, the …

The article Students at 5 Texas Universities Receive Insurance Council Scholarships appeared first on Insurance Journal.

Texas Agent Faces 10 Years in Prison for Insurance Fraud Conviction
- April 17, 2014, 7:26 pm

A Fort Worth man faces ten years in federal prison following a conviction for insurance fraud, the Insurance Department of Texas reported. Caleb Deason, an insurance agent for Transamerica Life Insurance Co., was convicted on charges of wire fraud and …

The article Texas Agent Faces 10 Years in Prison for Insurance Fraud Conviction appeared first on Insurance Journal.

Gerhart: U.S. Has a Good Story to Tell at the Global Insurance Symposium
Stephanie K. Jones - April 17, 2014, 7:19 pm

The state of Iowa on May 20-22, 2014, will host its first ever Global Insurance Symposium, a privately funded event that aims to bring insurance professionals and regulators from around the world together to discuss the challenges facing the global …

The article Gerhart: U.S. Has a Good Story to Tell at the Global Insurance Symposium appeared first on Insurance Journal.

Ohio Coast Guard Station Leads Nation in Drunken Boating Arrests
- April 17, 2014, 4:40 pm

A U.S. Coast Guard station that watches over western Lake Erie led the nation in drunken boating arrests last year. The Coast Guard says officers with Marblehead, Ohio, station charged 67 people with boating under the influence in 2013. The …

The article Ohio Coast Guard Station Leads Nation in Drunken Boating Arrests appeared first on Insurance Journal.

Industry Pushing Back in Texas Against Fertilizer Plant Safety Requirements
- April 17, 2014, 4:36 pm

The state fire marshal wants 46 facilities that store ammonium nitrate in Texas to make safety improvements following the deadly West fertilizer plant explosion last year. State Fire Marshal Chris Connealy proposed new building requirements ahead of the anniversary of …

The article Industry Pushing Back in Texas Against Fertilizer Plant Safety Requirements appeared first on Insurance Journal.

Wisconsin Trucker Wins Great American Insurance’s Big Rig Giveaway
- April 17, 2014, 4:32 pm

A Wisconsin trucker who’s been driving for 35 years won a customized truck in Great American Insurance Group’s annual Big Rig Giveaway. Roger Lemírande was missing from the crowd at booth 69172 on Saturday, March 29, at the Mid-America Trucking …

The article Wisconsin Trucker Wins Great American Insurance’s Big Rig Giveaway appeared first on Insurance Journal.

SeaFire Seeks Agency Partners for Dealership Programs in Oregon and Idaho
- April 17, 2014, 4:29 pm

Overland Park, Kan.-based SeaFire Insurance Services is seeking new agency partners in Oregon and Idaho for its auto dealer and repair insurance program. SeaFire will consider appointments for retail insurance agencies with scale, brand, resources and auto dealer expertise. Agents can …

The article SeaFire Seeks Agency Partners for Dealership Programs in Oregon and Idaho appeared first on Insurance Journal.

Poll Finds New Jerseyans Souring on State’s Sandy Recovery Efforts
- April 17, 2014, 4:29 pm

A new poll finds New Jerseyans are souring on how the state is handling Superstorm Sandy recovery efforts. The Monmouth University/Asbury Park Press poll out Wednesday found public satisfaction with the recovery effort has dropped below 50 percent for the …

The article Poll Finds New Jerseyans Souring on State’s Sandy Recovery Efforts appeared first on Insurance Journal.

Out of Prison, Michigan Man Files Suit Over Wrongful Arson Verdict
- April 17, 2014, 4:25 pm

A man who spent five years in prison for a wrongful arson conviction has sued a northern Michigan county, three sheriff’s deputies and a state trooper. Forty-year-old Victor Caminata was convicted in 2008 of burning a house in Wexford County’s …

The article Out of Prison, Michigan Man Files Suit Over Wrongful Arson Verdict appeared first on Insurance Journal.

Louisiana Senators Say ‘No’ to Suit Against Oil Industry
- April 17, 2014, 4:19 pm

The Louisiana Senate sided with Gov. Bobby Jindal and the oil industry, agreeing to void a lawsuit that a south Louisiana flood board filed against more than 90 oil and gas companies for coastal damage. Senate Bill 553 by Sen. …

The article Louisiana Senators Say ‘No’ to Suit Against Oil Industry appeared first on Insurance Journal.

Louisiana Town Still Without Police Chief, Liability Insurance
- April 17, 2014, 4:15 pm

Efforts to revitalize the Sorrento Police Department in Louisiana seem to be stagnating while the police chief’s position sits vacant and the days pass without anyone actively seeking liability insurance for the department. Mayor Mike Lambert told The Advocate that …

The article Louisiana Town Still Without Police Chief, Liability Insurance appeared first on Insurance Journal.

San Francisco Considers Ending Ban Renting Homes
- April 17, 2014, 4:11 pm

San Francisco lawmakers are considering making it legal for city residents to rent out their homes on sites such as Airbnb, but only if they have liability insurance and meet other requirements, a newspaper reported. Supervisor David Chiu introduced legislation …

The article San Francisco Considers Ending Ban Renting Homes appeared first on Insurance Journal.

Leavitt Group’s Redwoods Hires Hodge in Northern California
- April 17, 2014, 3:57 pm

Dawn E. Hodge has joined the Leavitt Group’s Redwoods office and will focus on commercial insurance. Prior to joining the agency, Hodge spent eight years with a personal lines not-for-profit insurance automobile club. She also worked as a claims adjuster representing Phoenix, …

The article Leavitt Group’s Redwoods Hires Hodge in Northern California appeared first on Insurance Journal.

Fireman’s Fund Names Senior Product Director for Healthcare Practice in N.Y.
- April 17, 2014, 3:54 pm

Fireman’s Fund Insurance Company has appointed Mike Midgley to senior product director for healthcare professional liability. He is located in Fireman’s Fund’s New York office.Midgley most recently worked in compliance, product development and risk management for 10 years at American …

The article Fireman’s Fund Names Senior Product Director for Healthcare Practice in N.Y. appeared first on Insurance Journal.

Oregon Lawsuit Over Translation That Sent Medics To Wrong Spot
- April 17, 2014, 3:51 pm

A wrongful death lawsuit filed in Portland, Ore. alleges that a 911 Spanish language interpreter botched the translation of an address, sending medics to the wrong place after a caller reported that a young woman could not breathe. The Oregonian …

The article Oregon Lawsuit Over Translation That Sent Medics To Wrong Spot appeared first on Insurance Journal.

SierraSpecialty Taps Hennesay as Wholesale Broker in California
- April 17, 2014, 3:48 pm

Wholesaler and managing general agent SierraSpecialty named Keri Hennesay as a surplus lines broker to its team in Clovis, Calif. Hennesay has been in the insurance industry for 26 years and has experience working as a retail agent, as well …

The article SierraSpecialty Taps Hennesay as Wholesale Broker in California appeared first on Insurance Journal.

AssuredPartners Acquires CBS Coverage Group in N.Y.
- April 17, 2014, 3:14 pm

AssuredPartners Inc., through its subsidiary Assured SKCG Inc., has recently acquired CBS Coverage Group Inc. in Plainview, N.Y. CBS Coverage Group specializes in commercial insurance, employee benefits and financial planning services, and personal insurance. The firm reports revenues of approximately …

The article AssuredPartners Acquires CBS Coverage Group in N.Y. appeared first on Insurance Journal.

Mississippi Withdrawing Lawsuit Over Flood Insurance Rates
Michael Adams - April 17, 2014, 1:57 pm

Mississippi’s insurance regulator is withdrawing his lawsuit against the federal government after Congress voted to delay changes to the federal flood insurance program. Mississippi Insurance Commissioner Mike Chaney said he is withdrawing the suit aimed at stopping flood insurance premium …

The article Mississippi Withdrawing Lawsuit Over Flood Insurance Rates appeared first on Insurance Journal.

Forecasters to Issue Special Maps, Warnings on Storm Surge
- April 17, 2014, 1:37 pm

Forecasters at the National Hurricane Center hope new color-coded maps they’re trying out this year will simplify two important points about storm surge for coastal residents: how far from the beach the water will spread and how high that water …

The article Forecasters to Issue Special Maps, Warnings on Storm Surge appeared first on Insurance Journal.

Updated: Federal Insurance Office Seeks Comments on Auto Insurance Affordability
Andrew G. Simpson - April 17, 2014, 1:30 pm

The insurance office within the U.S. Treasury is looking into whether minorities and low and moderate income Americans have access to affordable auto insurance. On April 10, the Federal Insurance Office, citing its authority under the Dodd-Frank act to monitor …

The article Updated: Federal Insurance Office Seeks Comments on Auto Insurance Affordability appeared first on Insurance Journal.

TIG Insurance Sues NHL to Limit Its Defense in Players’ Concussion Lawsuits
- April 17, 2014, 12:53 pm

The National Hockey League was sued by an insurer seeking to limit its duty to defend the league in lawsuits alleging it concealed the long-term effects of concussions and failed to warn players of the risks. TIG Insurance Co., a …

The article TIG Insurance Sues NHL to Limit Its Defense in Players’ Concussion Lawsuits appeared first on Insurance Journal.

GM Creates New Product Safety Team
- April 17, 2014, 12:43 pm

General Motors Co. Chief Executive Officer Mary Barra, under fire for the company’s slow response to flawed ignition switches linked to 13 deaths, said she is creating a team that will make the company’s cars as safe as they are …

The article GM Creates New Product Safety Team appeared first on Insurance Journal.

Boston Marathon Attacks Convinced Smaller, Midsized Firms to Buy Terror Insurance
- April 17, 2014, 12:37 pm

For landlord Peter Zagorianakos, terrorism insurance wasn’t a necessity until the bombs went off last April at the Boston Marathon and revealed a frightening pattern. Two buildings he owns stand within a half-mile (0.8 kilometer) of the race’s finish line …

The article Boston Marathon Attacks Convinced Smaller, Midsized Firms to Buy Terror Insurance appeared first on Insurance Journal.

Effective December 16th, We’re Moving on Up – Same Building, Different Office. Southwest Risk is moving from the 10th floor to the 14th floor:

8144 Walnut Hill Lane
Suite 1400
Dallas, TX 75231