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Updated: 2 hours 35 min ago

Idahoans to See Slight Reduction in Workers’ Comp Rates in 2015

6 hours 57 min ago

The Idaho Department of Insurance this week announced Idaho’s overall workers’ compensation premium rates will be reduced by an average of 0.2 percent for 2015. “This slight rate decrease is an indicator of the stability of workers’ compensation coverage in …

The article Idahoans to See Slight Reduction in Workers’ Comp Rates in 2015 appeared first on Insurance Journal.

Bauer Joins Integro’s Casualty Practice in Oregon

7 hours 4 min ago

Insurance brokerage and risk management firm Integro has named Kate Bauer as vice president in its casualty practice. Bauer will be based in Portland, Ore. and she will work with Integro clients to develop and deliver customized risk strategies and …

The article Bauer Joins Integro’s Casualty Practice in Oregon appeared first on Insurance Journal.

Virgin Galactic Spaceship Crashes; Pilot Reported Dead

9 hours 13 min ago

A spacecraft for Sir Richard Branson’s Virgin Galactic Ltd. tourism operator crashed during a test flight in California’s Mojave Desert, and CNBC reported that one of two pilots was killed. The second pilot was injured, according to CNBC, which cited …

The article Virgin Galactic Spaceship Crashes; Pilot Reported Dead appeared first on Insurance Journal.

Pennsylvania’s Mcare Fund Assessment Down 48% for 2015 Coverage

11 hours 29 min ago

Pennsylvania Gov. Tom Corbett announced the assessment for the state’s Medical Care Availability and Reduction of Error (Mcare) Fund — a medical liability coverage fund run by the state — will decrease 48 percent for 2015 coverage. Corbett said on …

The article Pennsylvania’s Mcare Fund Assessment Down 48% for 2015 Coverage appeared first on Insurance Journal.

Louisiana’s Direct Action Statute’s Effect on Claims-Made Policy Notice Provisions

11 hours 37 min ago

Typical claims-made insurance policies require claims to be both made and reported within the applicable policy period. Under this type of policy, the risk of a claim incurred but not made, as well as a claim made but not reported, …

The article Louisiana’s Direct Action Statute’s Effect on Claims-Made Policy Notice Provisions appeared first on Insurance Journal.

Millions Unclaimed in Ohio Workers’ Comp Overcharge Case

11 hours 47 min ago

The law firm handling a $420 million state settlement over Ohio employers being overcharged for workers’ compensation premiums says millions of dollars weren’t claimed by the deadline. The Bricker & Eckler law firm tells The Columbus Dispatch that 35,000 claims …

The article Millions Unclaimed in Ohio Workers’ Comp Overcharge Case appeared first on Insurance Journal.

Integro Adds Duncan as VP in Chicago

11 hours 50 min ago

International insurance brokerage and risk management firm Integro announced that Lisa Duncan has rejoined the firm as vice president in the property practice. She will be based in Chicago. Duncan returns to Integro from the London-based retailer Burberry, where she …

The article Integro Adds Duncan as VP in Chicago appeared first on Insurance Journal.

Oklahoma Homeowners Benefit from Improved Fire Protection Rating

11 hours 53 min ago

Homeowners in eastern Cleveland County in Oklahoma could soon pay less for property insurance as result of an improved Public Protection Classification (PPC) for the Cedar Country Fire Protection District, the Oklahoma Insurance Department announced. The Insurance Services Office (ISO) …

The article Oklahoma Homeowners Benefit from Improved Fire Protection Rating appeared first on Insurance Journal.

First Trial Over ‘Moldy’ Washers Ends with Win for Whirlpool

11 hours 54 min ago

Michigan-based Whirlpool Corp has been found not liable by a U.S. jury in the first lawsuit to go to trial accusing the company of selling front-loading washing machines containing a design flaw that made them prone to developing mold. The jury …

The article First Trial Over ‘Moldy’ Washers Ends with Win for Whirlpool appeared first on Insurance Journal.

Oregon Lawmakers Told By Oracle Lawsuit is a Waste Of Money

12 hours 47 min ago

Oracle Corp. is appealing to Oregon legislative leaders in the legal fight over the failed Cover Oregon health insurance website. In a letter sent last week to Senate President Peter Courtney and House Speaker Tina Kotek, Oracle CEO Safra Catz …

The article Oregon Lawmakers Told By Oracle Lawsuit is a Waste Of Money appeared first on Insurance Journal.

Oregon City Threatens to Fine Uber

12 hours 50 min ago

The city of Eugene, Ore. has ordered the Uber ridesharing company to cease operations or be fined. The Register-Guard reported Uber has refused to apply for a taxi license since its drivers began operating in Eugene last summer. The city …

The article Oregon City Threatens to Fine Uber appeared first on Insurance Journal.

Deputy in Washington Acquitted Of Insurance Fraud

12 hours 52 min ago

A Spokane, Wash. sheriff’s deputy accused of filing false claims for snow damage has been acquitted of insurance fraud charges. A jury in Spokane returned the acquittal this week for Deputy Jeremey B. Jeske after a two-day trial. His lawyer, Rob …

The article Deputy in Washington Acquitted Of Insurance Fraud appeared first on Insurance Journal.

Mississippi’s Leflore County Adopts New Statewide Building Code

12 hours 58 min ago

The Leflore County Board of Supervisors has adopted the 2012 International Building Code, which means new construction will have to adhere to a set of uniform standards. Under a new state law, Mississippi counties have a Nov. 30 deadline to …

The article Mississippi’s Leflore County Adopts New Statewide Building Code appeared first on Insurance Journal.

Florida Tourist Spots Toughen Safety Rules for Rental Scooters

13 hours 4 min ago

Some tourist cities in Florida and elsewhere are concerned about the safety of rented motor scooters. Panama City Beach recently enacted new regulations requiring rental companies to carry insurance, provide renters with neon safety vests and pamphlets with safety information. …

The article Florida Tourist Spots Toughen Safety Rules for Rental Scooters appeared first on Insurance Journal.

A Guide to Homeowners’ Liability for Injury to Trick or Treaters

13 hours 41 min ago

Halloween pranks. Google this phrase and more than 5 million results link you to a myriad of ways to “mess with peoples’ minds” on Halloween. Some of the recommended pranks require a higher education to understand; some ideas are, well, …

The article A Guide to Homeowners’ Liability for Injury to Trick or Treaters appeared first on Insurance Journal.

Top 25 D&O Insurers Show Healthy Growth: SNL

14 hours 14 min ago

Direct premiums written for the directors’ and officers’ liability insurance industry grew 7.35 percent year over year in the first half of 2014, rising to $2.91 billion, according to an SNL Financial analysis of monoline D&O policies. Growth in written …

The article Top 25 D&O Insurers Show Healthy Growth: SNL appeared first on Insurance Journal.

Trends Support Positive Outlook for Homeowners Insurance: Aon Benfield

14 hours 55 min ago

Emerging trends support a positive profit outlook for homeowners insurers, a leading broker believes.. Reinsurance broker Aon Benfield’s 2014 Homeowners ROE Outlook concludes that insurers’ prospective after-tax return-on-equity (ROE) for homeowners insurance is 7.9 percent on a countrywide average, up …

The article Trends Support Positive Outlook for Homeowners Insurance: Aon Benfield appeared first on Insurance Journal.

Uber Ridesharing Serving Kids and Their Busy Parents

15 hours 42 min ago

As the oldest of three kids, Baily Deeter was often the last to be picked up from school by his mother. Then Uber Technologies Inc. came along. When Baily started ninth grade in August, his parents gave him an account …

The article Uber Ridesharing Serving Kids and Their Busy Parents appeared first on Insurance Journal.

Zombie Storms Cause Damage After Hurricanes

16 hours 14 sec ago

A hurricane may lose its name, its structure and even its place on National Hurricane Center tracking maps. None of that is a guarantee the storm’s meteorological energy won’t keep making mischief. While still dangerous storm remnants—let’s call them zombie …

The article Zombie Storms Cause Damage After Hurricanes appeared first on Insurance Journal.

Florida Arrests 5 in Alleged Insurance Fraud Scheme

16 hours 28 min ago

Florida Chief Financial Officer Jeff Atwater announced the arrests of attorneys, chiropractors and clinic employees involved in an organized personal injury protection (PIP) fraud scheme. Atwater said the five arrests were made in Martin, Miami-Dade and Palm Beach counties, following …

The article Florida Arrests 5 in Alleged Insurance Fraud Scheme appeared first on Insurance Journal.

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