July 6, 2015
As social media buzzed about church fires in the South, investigators said July 2 that weather caused a destructive blaze at a predominantly black church in South Carolina. The State Law Enforcement Division said in a statement that investigators found …
July 6, 2015
Cincinnati, Ohio-based American Financial Group Inc. promoted Kyle W. Ketabchi to assistant vice president. Ketabchi will continue to manage the corporate marketing and branding functions for Great American Insurance Group and American Financial Group, and will assume strategic oversight for …
July 6, 2015
A Chicago-area community college and a global insurance company are creating what they believe is the first-of-its-kind insurance apprenticeship program in the United States and one they hope will become an industry standard for attracting new talent. Zurich North America …
July 6, 2015
A Clive, Iowa, auto repair business reported that 90 percent of the vehicles on its property have been ruined by a flash flood. Acheson Auto Works, which backs up to Walnut Creek, was flooded early on June 26, destroying about …
July 6, 2015
More than 1,300 damage claims were filed in a northeast Ohio court on behalf of the heirs of Akron-area rubber and auto workers who died or developed serious illnesses from exposure to asbestos. The claims in Summit County Probate Court …
July 6, 2015
Earthquakes, the natural kind caused by the movements of vast tectonic plates, have been occurring since the dawn of time. But now there is a new type of quake, the study of which has been labeled “seismicity,” which is being …
July 6, 2015
The National Flood Insurance Program (NFIP) has long been the dominant player in the U.S. flood insurance market, providing subsidized flood insurance based on actuarially unsound rates for millions of property owners, in turn discouraging the private market. Until now, …
July 6, 2015
The U.S. government’s appeals process for reviewing flood insurance claim disputes is riddled with flaws, but there is no evidence of systematic underpayments by insurers to flood victims, an investigation by U.S. Senate staffers has found. “Despite widespread concerns, it …
July 6, 2015
This is the age of big data. The concept is to collect all kinds of data and then use various statistical techniques, usually some sophisticated form of regression analysis, to identify correlations between the data, trends and opportunities. The data …
July 6, 2015
My New Markets is brought to you by Insurance Journal’s sister website: www.mynewmarkets.com Need a Market? Find it. FAST. Workers’ Compensation Market Detail: Stonehenge Insurance Solutions offers a variety of master program offerings and pay-as-you-go products. Most programs common are …