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Updated: 1 hour 43 min ago

Boston Children’s Hospital to Pay $40K Over Data Breach Allegations

7 hours 58 min ago

Boston Children’s Hospital (BCH) has agreed to pay $40,000 and take steps to prevent future security violations following allegations related to a data breach that affected patient information, Massachusetts Attorney General Martha Coakley announced Friday. The consent judgment, entered Friday …

The article Boston Children’s Hospital to Pay $40K Over Data Breach Allegations appeared first on Insurance Journal.

PCRB Proposes 5.99% Average Workers’ Comp Loss Cost Decrease in Penn.

8 hours 27 min ago

The Pennsylvania Compensation Rating Bureau (PCRB) has submitted a filing of Pennsylvania loss costs and related rating values with a proposed effective date of April 1, 2015. PCRB said in its Circular No. 1636 on Dec. 15 that its filing, …

The article PCRB Proposes 5.99% Average Workers’ Comp Loss Cost Decrease in Penn. appeared first on Insurance Journal.

LeapFrog, Lombard to Acquire Stakes in Thai Insurer SMK from RSA

9 hours 3 min ago

LeapFrog Investments, Lombard Investments, and Syn Mun Kong Insurance Public Company Limited (SMK) [SMK:Bangkok] announced today that LeapFrog and Lombard will each acquire approximately 11 percent of SMK, from Royal & Sun Alliance Insurance Plc (RSA). The venture is the …

The article LeapFrog, Lombard to Acquire Stakes in Thai Insurer SMK from RSA appeared first on Insurance Journal.

Texans Can Expect More Troopers on Patrol During Holidays

9 hours 7 min ago

Texas troopers will increase patrols over the more than two-week holiday period with officers on the lookout for drunken drivers. The Texas Department of Public Safety says expanded patrols begin Dec. 19 and run through Jan. 2. The period includes …

The article Texans Can Expect More Troopers on Patrol During Holidays appeared first on Insurance Journal.

Donald Gaddis Co. Acquires Chicago-Based Kelly and Elliott

9 hours 9 min ago

Wholesale insurance broker and general agency, Donald Gaddis Co. Inc., has purchased rights to all the renewals of Kelly and Elliott Ltd. Both companies are headquartered in Chicago. Gaddis also hired all of Kelly and Elliott’s employees. The transaction was effective …

The article Donald Gaddis Co. Acquires Chicago-Based Kelly and Elliott appeared first on Insurance Journal.

Reincke Promoted to Brokerage Manager at J.M. Wilson

9 hours 11 min ago

Portage, Mich.-based wholesale insurance specialist, J.M. Wilson, has promoted James Reincke to brokerage manager for the newly formed brokerage department . Reincke is responsible for developing and strengthening new and existing agency and company relationships, as well as growing the …

The article Reincke Promoted to Brokerage Manager at J.M. Wilson appeared first on Insurance Journal.

Dallas-Based Waldman Bros Promotes 5 to Vice President Positions

9 hours 12 min ago

Waldman Bros, a Dallas-based insurance and financial services firm, has promoted five employees to serve as vice presidents, including Leigh Bennett, Eric Goldberg, Rita Rolf, Melanie Rasansky and Tina Sparks. In their new roles, they will be responsible for developing …

The article Dallas-Based Waldman Bros Promotes 5 to Vice President Positions appeared first on Insurance Journal.

Work-Related Injuries, Illnesses Requiring Days Off Decreased in Texas in 2013

9 hours 13 min ago

Private industry employers in Texas reported 51,890 cases involving days away from work and an incidence rate of 66.6 injuries and illnesses per 10,000 full-time equivalent employees in 2013, the Texas Department of Insurance – Division of Workers’ Compensation (DWC) …

The article Work-Related Injuries, Illnesses Requiring Days Off Decreased in Texas in 2013 appeared first on Insurance Journal.

McGowan Installed as President of the Independent Insurance Agents of Indiana

9 hours 14 min ago

The Independent Insurance Agents of Indiana Inc. (Indiana Big “I”) has installed its slate of officers for 2015, including Hugh M. McGowan of the McGowan Insurance Group in Indianapolis as president. In addition to McGowan, the members of the executive …

The article McGowan Installed as President of the Independent Insurance Agents of Indiana appeared first on Insurance Journal.

Ringling Bros. Disputes OSHA Citation for Hair-Hanging Accident in R.I.

9 hours 33 min ago

Ringling Bros. and Barnum & Bailey Circus has contested a citation it received from federal regulators for an accident that sent eight hair-hanging acrobats plummeting to the ground during a live performance, severely injuring most of them. Stephen Payne, a …

The article Ringling Bros. Disputes OSHA Citation for Hair-Hanging Accident in R.I. appeared first on Insurance Journal.

Ringleader of Auto Insurance Fraud Scam Pleads Guilty in Massachusetts

9 hours 42 min ago

The ringleader of an automobile insurance fraud scheme in which dozens of New York City residents claimed they lived at fictional addresses in western Massachusetts has pleaded guilty in a deal she hopes will help her avoid deportation. Lefen Chen …

The article Ringleader of Auto Insurance Fraud Scam Pleads Guilty in Massachusetts appeared first on Insurance Journal.

Paralyzed California Teen’s Pop Warner Suit Can Continue, Judge Says

10 hours 1 min ago

A Los Angeles judge has refused to throw out a lawsuit by a teenager who was paralyzed while making a tackle during a Pop Warner football game. City News Service says the judge on Wednesday rejected a motion to dismiss …

The article Paralyzed California Teen’s Pop Warner Suit Can Continue, Judge Says appeared first on Insurance Journal.

Private Auto Premiums See Largest Q3 Growth in 10 Years: SNL

10 hours 12 min ago

Private auto insurance industry direct premiums written rose 5.13 percent in the third quarter of 2014, the largest third-quarter year-over-year growth in the past 10 years, according to an analysis by SNL Financial. The 30 largest auto writers by market …

The article Private Auto Premiums See Largest Q3 Growth in 10 Years: SNL appeared first on Insurance Journal.

Uber in a California Regulatory Standoff Over Data

10 hours 21 min ago

Uber argued Thursday that it should not have to turn over ride data in a California regulatory standoff that shows how the transportation service is falling afoul of officials who could threaten its expansion. The issue, which is being heard in a …

The article Uber in a California Regulatory Standoff Over Data appeared first on Insurance Journal.

Arizona Insurance Council Elects 2015 Board Officers

10 hours 29 min ago

The membership of the Arizona Insurance Council has elected its officers for 2015. They are: Tim Goeller, President of AIC and regional vice president for Business Insurance at State Auto Insurance; Phyllis Senseman, vice president of AIC and vice president …

The article Arizona Insurance Council Elects 2015 Board Officers appeared first on Insurance Journal.

President Obama Signs Bill Easing Insurer Capital Standards

12 hours 40 min ago

President Barack Obama has signed legislation intended to relax capital and liquidity standards for insurers under the Dodd-Frank Act. The law gives the Federal Reserve flexibility in setting the standard for insurers. The legislation (S.2270) was approved by the Senate …

The article President Obama Signs Bill Easing Insurer Capital Standards appeared first on Insurance Journal.

North Carolina Couple Charged with Insurance Faud

12 hours 55 min ago

A North Carolina couple has been charged with faking an accident and medical records in filing an insurance claim. Insurance Commissioner Wayne Goodwin last week announced the arrests of James Arnold Seals, 42, of  Fayetteville, and Lisa Renee Strickland Seals, …

The article North Carolina Couple Charged with Insurance Faud appeared first on Insurance Journal.

Executives in West Virginia Chemical Spill Facing Criminal Charges

13 hours 14 min ago

When state inspectors arrived at Freedom Industries asking about a licorice smell enveloping West Virginia’s capital city, the point person at the tank farm, Dennis P. Farrell, told them he knew nothing about a chemical leak. He seemed to brush …

The article Executives in West Virginia Chemical Spill Facing Criminal Charges appeared first on Insurance Journal.

Fireman’s Fund Timeline: Through Earthquake, Amex and More

13 hours 44 min ago

The sale of a Fireman’s Fund unit from Allianz SE to Ace Ltd. stands to further diminish an iconic U.S. insurance brand that dates to the 1800s. The buyer said Thursday that it will integrate the operation, which caters to …

The article Fireman’s Fund Timeline: Through Earthquake, Amex and More appeared first on Insurance Journal.

MetLife Considers Appeal of Systemic Risk Label

15 hours 12 min ago

MetLife Inc., the biggest U.S. life insurer by assets, was labeled a systemically important financial institution by a council of regulators and said it will consider whether to sue the government over the decision. The Financial Stability Oversight Council voted …

The article MetLife Considers Appeal of Systemic Risk Label appeared first on Insurance Journal.

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