New York’s Department of Financial Services (DFS) issued a bulletin on May 27 to all New York auto insurers encouraging them to adopt “usage-based insurance” (UBI) programs. Under these voluntary programs, consumers can install “telematics” devices in their cars that …
New Jersey Department of Banking and Insurance Commissioner Ken Kobylowski said on June 6 that Nationwide Mutual Insurance Company has been approved to write auto insurance in New Jersey, and the company will begin offering auto policies in August. Nationwide …
The U.S. Supreme Court on June 9 declined to block payments BP PLC is required to make to businesses demanding compensation for the 2010 Gulf of Mexico oil spill as the company fights a lower court ruling. The high court …
Surviving a tornado in a wood-frame residential home is enhanced by an intact roof and standing walls, but light-weight garage doors can be the weak link to allowing high winds and pressure changes into a home that can lead to …
A U.S. appeals court on June 4 said BP Plc and Anadarko Petroleum Corp must face penalties under federal pollution laws in connection with the 2010 Gulf of Mexico oil spill, which could expose the companies to billions of dollars …
Keystone Insurers Group has named Matthew Sinosky as its director of business development. He is based in Keystone’s Northumberland, Penn., headquarters. Sinosky comes to Keystone from Eastern Alliance Insurance Co., where he served as risk management consultant, senior marketing representative …
A faulty blowout preventer and weaknesses in how companies analyze potential hazards in offshore oil and gas operations contributed to BP’s deadly Gulf of Mexico oil spill more than four years ago, the U.S. Chemical Safety Board said. Despite tougher …
Organizations around the world lose an estimated 5 percent of their annual revenues to occupational fraud, according to a survey of Certified Fraud Examiners (CFEs), which investigated cases between January 2012 and December 2013. Applied to the estimated 2013 gross …
Louisiana Workers’ Compensation Corp. (LWCC) hired Jeffrey H. Skaggs as senior vice president of policyholder services and agency relations. Skaggs has more than 27 years of experience in commercial insurance underwriting, marketing and management. Most recently, Skaggs served as vice …
The Texas Department of Insurance (TDI) has issued a bulletin to insurance companies, insurance adjusters and roofers, reminding them that a roofing contractor who is also an insurance adjuster cannot perform both duties on the same property. House Bill (HB) …
