Wed, 22 Nov 2017 17:29:23 +0000
A federal jury has awarded a transgender woman more than $1 million after finding Southeastern Oklahoma State University discriminated against her and wrongfully denied her tenure. The Oklahoman newspaper reports jurors sided with former English profes...
Wed, 22 Nov 2017 17:24:51 +0000
Investing in Growth and Community, Sharing Success From leadership style, to growth in a sluggish economy, to profit sharing, to career opportunities, to doing the right thing for customers, and more, employees of R&R Insurance Services in Waukesha, Wi...
Wed, 22 Nov 2017 17:22:11 +0000
A Century Young and Still Going Strong A family-owned insurance agency doesn’t make it to 100 years and counting without doing a lot of things right, and the fact that Garrett Insurance Agency (GIA) in Kerrville, Texas, celebrates a century …
Wed, 22 Nov 2017 17:18:15 +0000
Some Dickinson business owners are getting back on their feet — or trying — after flooding from Hurricane Harvey swamped more than 80 shops, restaurants and offices. The Galveston County Daily News reports Keith Lilley, owner of two popular Dickins...
Wed, 22 Nov 2017 17:14:33 +0000
The National Transportation Safety Board has determined a broken rail probably caused the derailment of a train carrying ethanol two years ago in South Dakota. The NTSB report says BNSF Railway’s decision to defer track maintenance and operate trains c...
Wed, 22 Nov 2017 17:11:32 +0000
The U.S. Department of Labor’s Occupational Safety and Health Administration (OSHA) has proposed $1,837,861 in fines against Didion Milling Inc. in Cambria, Wisconsin, following a May 31, 2017, explosion that killed five workers and injured 12 others, ...
Wed, 22 Nov 2017 16:10:14 +0000
Average global insurance rates decreased for the 18th consecutive quarter, although the rate of decline slowed in the third quarter (down 1.6 percent) as compared to the prior quarter (down 2.2 percent), according to broker Marsh’s Global Insurance Mar...
Wed, 22 Nov 2017 15:52:50 +0000
Insurance Journal’s Charity Issue will highlight some of the many charitable tales in insurance. Share your firm’s story on how you support the community. Enter your photos and a brief description of the event here. Deadline for inclusion is December …
Wed, 22 Nov 2017 15:48:17 +0000
California’s insurance commissioner says homeowners who lost their homes in last month’s wildfires in Northern California have up to 24 months to collect insurance payments. Dave Jones said this week some out-of-state insurance adjusters brought in by ...
Wed, 22 Nov 2017 15:42:37 +0000
Another lawsuit settlement has been reached over a 2015 balcony collapse in Berkeley, Calif. that killed six college students and injured seven other people. A lawyer for victims and families of the dead announced this week that a partial settlement …
Wed, 22 Nov 2017 15:35:01 +0000
The Division of Workers’ Compensation has suspended nine more medical providers from participating in California’s workers’ compensation system, bringing the total number of providers suspended this year to 94. The providers were suspended for fraud or...
Wed, 22 Nov 2017 14:21:56 +0000
Hackers stole the personal data of 57 million customers and drivers from Uber Technologies Inc., a massive breach that the company concealed for more than a year. This week, the ride-hailing firm ousted its chief security officer and one of …
Wed, 22 Nov 2017 14:04:55 +0000
Four people are missing and presumed dead following last week’s fire at a Pennsylvania senior living community. The massive blaze tore through Barclay Friends Senior Living Community in West Chester late Thursday, injuring more than two-dozen people an...
Wed, 22 Nov 2017 14:03:19 +0000
Nearly a quarter (23 percent) of America’s small business owners believe workers’ compensation carriers could improve their customer service if they offered more online or self-service tools. Better communication and faster claims resolution also toppe...
Wed, 22 Nov 2017 13:55:12 +0000
As a fourth generation, family-run organization, Warwick, N.Y.-based Seely & Durland Insurance understands the importance of creating a welcoming, family environment in the workplace, according to President Garrett Durland. “We like to treat both our c...
Wed, 22 Nov 2017 13:46:19 +0000
State and local authorities are trying to determine what triggered explosions and a fire at a cosmetics factory in New York’s Hudson Valley that killed one employee and injure nearly three dozen other workers and firefighters. The blasts occurred about …
Wed, 22 Nov 2017 13:46:13 +0000
The rate of fatal crashes on privately owned aircraft in the U.S. dropped to the lowest level in 50 years in 2016. The fatal-accident rate was less than 1 per 100,000 flight hours, the first time it has reached that …
Wed, 22 Nov 2017 12:51:06 +0000
Non-life re/insurers’ full-year underwriting results are likely to be severely impacted from the second half’s three hurricanes and earthquakes in Mexico, which will lead to rate hardening for non-life insurers and reinsurers, according to a report pub...
Wed, 22 Nov 2017 11:04:47 +0000
Starr Cos. announced an agreement with SMARTT MGA to act as agents for Starr International (Europe) Ltd. to provide automated quotes and policy documentation for light general aviation business. “We have built a close and fruitful relationship with SMA...
Wed, 22 Nov 2017 10:44:07 +0000
Berkshire Hathaway Specialty Insurance Co. (BHSI) announced it has introduced a new Contractors Plant & Equipment (CP&E) policy for customers in Australia. “With this new policy, contractors can easily and efficiently address their property damage and ...
Wed, 22 Nov 2017 10:07:18 +0000
Airbus SE is looking to develop autonomous aircraft and technologies that will allow a single pilot to operate commercial jetliners, helping cut costs for carriers, Chief Technology Officer Paul Eremenko said. “The more disruptive approach is to say ma...
Wed, 22 Nov 2017 10:00:48 +0000
There are no worries about who will take over at Kulchin Ross Insurance Services LLC when the agency principals decide to hang it up. The agency, which has grown from a handful of employees to more than 30 employees since …
Wed, 22 Nov 2017 10:00:42 +0000
When you pass the turkey gravy on Thursday consider stuffing a hunk of climate change discourse down your uncle Jeb’s gullet. Let him stew until he’s good and fermented, then agitate as needed to see the fruits of your labor. …
Wed, 22 Nov 2017 08:22:56 +0000
Misdeeds by the world’s “Big Four” accounting firms should be punished with much bigger fines, Britain’s accounting watchdog was advised in a report released on Tuesday. “Fines greater than those that have heretofore been imposed may be appropriate in ...
Wed, 22 Nov 2017 06:00:27 +0000
Catastrophic losses this year due to extreme weather events have led to a growing interest in parametric insurance in the U.S., according to industry experts. Parametric coverage is also gaining traction as hazard modeling continues to improve, weather...
Wed, 22 Nov 2017 06:00:16 +0000
It can happen in the branch office or the boardroom. Volkswagen did it to pass emissions tests. Wells-Fargo did it to squeeze more profits from their customers. Some school districts have it done it to boost their standardized test scores. …
Wed, 22 Nov 2017 05:58:38 +0000
A man, his ex-wife and two sons are accused of burning down two West Virginia homes and pocketing over $550,000 in insurance claims. The Charleston Gazette-Mail reports 66-year-old Windel Lester, his ex-wife, 41-year-old Georgetta Lester, and his sons,...
Wed, 22 Nov 2017 05:51:08 +0000
CAMICO, a nationwide CPA-directed program of insurance and risk management for the accounting profession, has introduced a new insurance application for smaller CPA firms. The online, interactive application guides users through a three-step process fo...
Wed, 22 Nov 2017 05:45:25 +0000
A Florida nursing home under investigation for the deaths of 13 patients after Hurricane Irma says in a letter to Congress that staff members did everything possible but couldn’t overcome a lack of power to the central air conditioner. In …
Wed, 22 Nov 2017 05:19:53 +0000
The National Weather Service says two people were hurt in two moderate tornados in Kentucky. The weather service says both tornados touched down Saturday and were rated EF-1. The first happened shortly before 3:30 p.m. CST in Beaver Dam, Ohio …