Industry News

Insurance Journal

West Texas Pipeline to Resume on Schedule After Spill, Company Says

Oct 15, 2018 Energy Transfer Partners LP said on Monday that a West Texas pipeline would resume operations on Saturday as planned after the pipeline spilled water...

California Utility Cuts Power to Dampen Wildfire Threat

Oct 15, 2018 California’s largest public utility cut off electric power to about 60,000 customers in an unprecedented move to prevent wildfires such as those that erupted in the...

Minneapolis Landlords to Pay $18.5M to Settle Tenants’ Class-Action Suit

Oct 15, 2018 Court documents show that two Minneapolis landlords accused of improper licensing and other violations have agreed to pay out $18.5 million to settle a...

Central Insurance Elects Purmort as CMO, Hurless as COO

Oct 15, 2018 Ohio’s Central Insurance Companies announced the election of Evan Purmort to chief marketing officer and Cindy Hurless to chief operating officer. As CMO, Purmort...

Best's Reviews

Distribution, Business Development Director Named for ArgoGlobal’s Italy Affiliate

Oct 15, 2018 Marcello Lombardini was appointed as distribution and business development director for ArgoGlobal Assicurazioni S.p.A., an Italy...

Wisconsin Governor Cites State Reinsurance Program for 4.2% Cut to 2019 Individual Health Insurance Rates

Oct 15, 2018 Wisconsin individual health insurance rates will drop by 4.2% on a weighted average in 2019, compared with...

JLT Continues Global Facultative Expansion With North America Hire

Oct 15, 2018 Jardine Lloyd Thompson Group’s reinsurance segment said it continued the strategic growth of its JLT Fac division with the appointment of Joe...

Optis Partners: Broker Mergers and Acquisitions Surge Amid Aggressive Valuations

Oct 15, 2018 Broker mergers and acquisitions surged in the third quarter amid aggressive activity and valuations, according to a report from Dan...

Claims Journal

N.Y. Senator Says Feds Haven’t Done Enough to Investigate Limo Safety

Oct 15, 2018 On the heels of a horrific limousine crash that killed 20 people in upstate New York, the Senate’s top Democrat is pointing to glaring gaps in safety data...

Analysts: Florida Insurers Can Weather Effects of Michael

Oct 15, 2018 Florida’s disjointed property insurance system that relies almost exclusively on small and midsize companies will take a multibillion dollar loss from Hurricane...

Massachusetts Gas Blasts Linked to NiSource Unit’s Work Orders

Oct 15, 2018 A series of explosions that rocked several towns north of Boston, Mass., last month has been linked to work orders given to a crew replacing aging natural gas pipes,...

Air Cargo Considers Single-Pilot Jets as Autonomous Flight Nears

Oct 15, 2018 Aerospace and innovation have gone hand-in-hand since the days of Orville and Wilbur Wright. Airplanes were once simple metal tubes powered by propellers....

Business Insurance

Employers likely to prevail in LGBT cases at Supreme Court with Kennedy retirement

Jun 28, 2018 Employers will likely have an easier time combating claims of...

Validus recruits executive from XL

Jun 28, 2018 Validus Specialty Underwriting Services Inc. has recruited Bob Eells from XL Group to be senior vice president...

Lockton reports revenue increase

Jun 28, 2018 Lockton Cos. L.L.C. reported $1.57 billion in revenue for fiscal year 2018, a 9.9% increase over fiscal year 2017...