August 16, 2018

News You Can Use

Thu, 16 Aug 2018 10:14:02 +0000
Australia’s QBE Insurance Group Ltd. posted a better-than-expected 4 percent rise in first-half profit, helped by fewer natural disasters in its biggest markets, sending its shares up almost 9 percent to their highest since November. The strong result ...
Thu, 16 Aug 2018 09:52:26 +0000
Amazon.com Inc is sounding out some of Europe’s top insurance firms to see if they would contribute products to a UK price comparison website in what would be a major foray by the U.S. online retail giant into the region’s …
Thu, 16 Aug 2018 05:45:42 +0000
Mississippi’s Supreme Court says a state lawsuit against Google alleging violations of student privacy should stay in a northeast Mississippi court. The court voted 6-2 Aug. 9 to deny an appeal by the unit of California-based Alphabet Inc. Google wanted …
Thu, 16 Aug 2018 05:42:17 +0000
An upstate South Carolina city will pay $1 million to settle a lawsuit involving a bystander who died when hit by a wrong-way driver pursued by police. The Greenville News reports a municipal insurance fund will pay $750,000 to an …
Thu, 16 Aug 2018 05:39:24 +0000
Worldwide Facilities, a national wholesale insurance brokerage and managing general agent, has appointed Joe Carlson as vice president, Healthcare at its Chicago office. Prior to taking on this role, Carlson served as the director of Healthcare and Non...
Thu, 16 Aug 2018 05:35:59 +0000
Dallas-based insurance and risk management staffing agency, Questpro, has added several team members. Jason Keck has been hired as director, life insurance recruiting. Keck focuses on developing long term relationships with life/annuity insurance and l...
Thu, 16 Aug 2018 05:23:41 +0000
Veteran insurance executive and now Brightway insurance agency owner, Brian Crumbaker, has opened Brightway, The Crumbaker Agency in Carlsbad, California. While the brand is still new to California, Crumbaker’s Agency is the company’s fourth agency in ...
Thu, 16 Aug 2018 05:21:04 +0000
Cannasure Insurance Services (Cannasure), an insurance MGA and wholesale broker for the cannabis industry, has hired Kelly Radkowski as vice president – regional agency sales manager. Radkowski, who is based in Las Vegas, will be responsible for driv...
Thu, 16 Aug 2018 05:17:34 +0000
A new insurtech agency has entered the Florida homeowners market space with a rating engine offering quotes from multiple domestic carriers and the ability to purchase coverage in one transaction. HoneyQuote.com, launching next month, was created by Fr...
Thu, 16 Aug 2018 00:55:21 +0000
The owner of multiple property/casualty insurance operations in northern Illinois has been sentenced to more than four years in prison and ordered to pay nearly $1 million in restitution for insurance fraud. U.S. District Judge Frederick J. Kapala on A...
Thu, 16 Aug 2018 00:17:51 +0000
Supporters of legalizing recreational marijuana in North Dakota have succeeded in bringing the matter to a public vote later this year. Proponents submitted more than the required 13,452 valid petition signatures to get a measure on the November genera...
Thu, 16 Aug 2018 00:13:48 +0000
The nation’s largest legal marijuana market is struggling. Illicit sales continue to thrive in California and shaky supply chain has customers looking at barren shelves in some licensed shops. There are testing problems. And a proposal to allow home ma...
Wed, 15 Aug 2018 16:55:55 +0000
Florida Governor Rick Scott has declared a state of emergency in response to the impacts of red tide in Collier, Lee, Charlotte, Sarasota, Manatee, Hillsborough and Pinellas counties. The Executive Order 18-221 will provide significant state funding to...
Wed, 15 Aug 2018 16:41:52 +0000
Alera Group, a national employee benefits, property and casualty, risk management and wealth management firm, has acquired Barnes Insurance & Financial Services (BIAFS) of Florida. BIAFS is a benefits agency with two locations in northwest Florida. Fou...
Wed, 15 Aug 2018 16:32:27 +0000
As the anniversary of Hurricane Harvey approaches, the Texas Department of Insurance is reminding Texans that some insurance policies have a one-year deadline to file claims. Harvey made landfall August 25. Texas Windstorm Insurance Association (TWIA) ...
Wed, 15 Aug 2018 16:28:20 +0000
Arkansas-based Murphy Oil USA Inc. will pay $100,000 to settle a workplace discrimination suit filed in Texas by federal officials. The U.S. Equal Employment Opportunity Commission (EEOC) filed suit against Murphy Oil, which owns Murphy USA retail gaso...
Wed, 15 Aug 2018 16:15:17 +0000
A southeast Missouri county is investigating a salmonella outbreak that has sickened 34 people. The Southeast Missourian reports that the cause hasn’t been determined. Perry County Health Department communicable disease coordinator Sheila Hahs says the...
Wed, 15 Aug 2018 16:13:27 +0000
A special police unit is seeking to curb burglaries and thefts from businesses including recreational vehicle companies in northern Indiana. Police in the Elkhart County city of Goshen say their unit was formed to deal with such crimes in the …
Wed, 15 Aug 2018 16:12:25 +0000
A judge has ordered a former insurance carrier for the city of Columbia to pay $5.3 million to a man who served 10 years in prison before his conviction for killing a sports editor in Columbia was thrown out. The …
Wed, 15 Aug 2018 16:11:09 +0000
Many Texas cities are denying workers’ compensation to firefighters with cancer, according to union leaders and state lawmakers. Over the past six years, more than 90 percent of the 117 workers compensation claims filed by Texas firefighters with cance...
Wed, 15 Aug 2018 15:56:06 +0000
Appleton, Wis.-based SECURA Insurance has added Page Denny as market manager for Arizona. Denny joins SECURA from RLI Insurance where she most recently held the position of senior underwriter. She brings a solid understanding of commercial insurance to...
Wed, 15 Aug 2018 15:54:19 +0000
TrueNorth Companies has acquired Greenwood Village, Colorado-based Jewell Insurance. Jewell Insurance will adopt the TrueNorth name and brand to further expand the firm’s presence throughout Colorado. Located in Greenwood Village, Jewell Insurance has ...
Wed, 15 Aug 2018 15:51:58 +0000
The Insurance Industry Charitable Foundation (IICF), a nonprofit organization that unites the insurance industry in helping communities and enriching lives through grants, volunteer service and leadership, has announced the establishment of a new disas...
Wed, 15 Aug 2018 15:29:16 +0000
Express Scripts Holding Co. built a multi-billion enterprise pressuring drug companies to lower their prices for U.S. patients. Now it is quietly building a side business: getting paid to help drug companies dispense a new generation of high-priced dru...
Wed, 15 Aug 2018 15:11:49 +0000
Zurich North America has named Eric Cittadino as leader for Diversified Programs, Specialty Auto and Aftermarket within the Programs unit of Alternative Markets. He replaces David Banks who has decided to retire at the end of the year. Currently the …
Wed, 15 Aug 2018 14:55:01 +0000
Thousands of discussions, debates and arguments are taking place in agency offices across the country between principals and ambitious young producers about the role of digital marketing. There are also more than a few stories about millennial producer...
Wed, 15 Aug 2018 13:41:09 +0000
Rescuers hunted for survivors among towering slabs of wreckage on Wednesday after a bridge collapse that killed 39, as furious government ministers rounded on the viaduct’s operator, saying it should pay fines and compensation and lose its concession. ...
Wed, 15 Aug 2018 13:34:31 +0000
A lawsuit settlement has been reached in a New York kayak drowning after the victim’s fiancee served prison time for criminally negligent homicide. The family of Vincent Viafore had filed a wrongful death lawsuit to prevent Angelika Graswald from colle...
Wed, 15 Aug 2018 13:26:23 +0000
The Professional Insurance Agents of New Jersey has named Paul Monacelli as its PIA national director. Monacelli is CEO of ADP/Statewide Insurance Agencies Inc. in Florham Park, N.J. With more than four decades of experience in the insurance industry, ...
Wed, 15 Aug 2018 13:05:00 +0000
New York state on Tuesday sued Purdue Pharma LP, accusing the OxyContin maker of widespread fraud and deception in the marketing of opioids, and contributing to a nationwide epidemic that has killed thousands. The state blamed Purdue for running what …