Industry News

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JLT EVP: Better Terms Beat Soft Pricing

Aug 21, 2017 Anne Marie Towle, executive vice president, JLT, said market pricing is competitive, but many captive sponsors choose to keep their risk in a captive rather than deal with...

Delaware Captive Director: Captives Must Monitor Their Terrorism Risk Exposure

Aug 21, 2017 Steve Kinion, director of Delaware’s Bureau of Captive and Financial Products, said lines such as workers’ compensation, inland and...

Broker Brown & Riding Appoints Chief Operating Officer

Aug 21, 2017 Property/casualty wholesale broker Brown & Riding has promoted Mike Boseman to chief operating officer. He joined the company 10 years ago. He is...

First-Half Net Income Falls as Dubai-based IGI Focuses on Expansion

Aug 21, 2017 International General Insurance Holdings Ltd. reported a fall in first-half net income while premiums rose in line with an expansion strategy....

Insurance Journal

Greenberg Traurig Adds Michelman & Robinson’s Sebastinelli in California

Aug 21, 2017 Greenberg Traurig LLP has added insurance regulatory attorney John A. Sebastinelli as shareholder to its policy and insurance regulatory and transactions...

Brightway Chairman Miller Announces Changes to Top Leadership Positions

Aug 21, 2017 Brightway Insurance Co-Founder and Chairman David Miller has announced he will transition to executive chairman and Michael Miller, formerly vice...

Seeman Holtz Acquires Agency Acquisitions LLC in Texas

Aug 21, 2017 Seeman Holtz Property & Casualty Inc. has acquired Agency Acquisitions LLC, headquartered in Arlington, Texas. Agency Acquisitions specializes in trucking...

Judge Divides $100K Insurance Payout to Victims of 2015 Oklahoma Parade Crash

Aug 21, 2017 A Payne County judge has distributed $100,000 in insurance money to victims of a 2015 homecoming parade crash at Oklahoma State University that...

Business Insurance

Illinois governor vetoes state-funded comp insurance plan

Aug 21, 2017 Illinois Gov. Bruce Rauner has reportedly vetoed a bill that would have established a state-sponsored...

Washington creates center of excellence for workers burned on job

Aug 21, 2017 National data has shown that nearly 50% of adult burn patients do not return to work two...

Property Casualty 360

City of Hartford settles with insurer in Dillon Stadium lawsuit

Aug 21, 2017 Bruen Deldin DiDio Associates has agreed to pay the city of Hartford $350,000 after leaders accused the company of issuing a...

Icahn ends White House role after insurance & oil conflict questions raised

Aug 21, 2017 Carl Icahn’s role as a special regulatory adviser to President Trump has ended after questions were raised...

Florida OIR approves Citizens request to limit coverage on non-weather claims

Aug 21, 2017 The Florida Office of Insurance Regulation approved requests by the state’s insurer of last resort aimed at...

Who’s using what in P&C insurance: August 21, 2017

Aug 21, 2017 Technology news from Applied Systems, CS&A, Guidewire, ITS, Insurity, Allstate Business Insurance, Patriot Technology Solutions, and...

Claims Journal

Nebraska Contractors Sue Insurers Over Unpaid Storm Damage

Aug 21, 2017 Two Omaha, Neb., contractors are expanding a legal strategy they say forces insurance companies to pay for storm damage, but industry officials say the practice leads to...

Idaho City Agrees to Pay Medical Bills for Children’s Chemical Burns

Aug 21, 2017 The city of Lewiston, Idaho, has decided to pay medical bills for children from two families who suffered chemical burns at a park. The children were burned after...

Backlash Over Republican Bills Offering Immunity to Drivers Who Hit Protesters

Aug 21, 2017 Republican lawmakers in six states have pushed this year for legal protections for motorists who hit protesters blocking traffic. Fairly or not, they...

$150M Awarded in 1998 Arkansas School Shooting Lawsuit

Aug 21, 2017 A judge overseeing a civil lawsuit in northeast Arkansas on Monday awarded $150 million to the families of five people who were fatally shot outside an Arkansas school in...