Monthly Archives: <span>January 2016</span>

2 North Carolina Residents Accused of Accused of Insurance Fraud

North Carolina Insurance Commissioner Wayne Goodwin announced the arrests of Dewayne Dudley of Bayboro and Elegant Adele Jackson of Havelock. They are both charged with one count each of insurance fraud and attempting to obtain property by false pretense in …

Risk of ‘Brexit’ Pushes U.K. Services Firms’ Confidence to 3-Year Low

Confidence among U.K. services firms slid to a three-year low last month as the risk of Britain exiting the European Union weighed on executives’ minds. The drop in sentiment was reported by Markit Economics in its monthly sector survey. The …

RSA Revamps Marine Management Team in Response to Challenging Market

London-based RSA Insurance has revamped its marine management team “to better meet the challenges and opportunities in today’s marine insurance market.” In three newly created roles: Rob Cook has been appointed London market marine director, David Taylorhas been appointed Europe …

Florida Surplus Line Service Office Names Young Assistant Director of Agent Services

Florida Surplus Line Service Office (FSLSO) has promoted Bryan Young to assistant director of Agent Services Young stepped into the role effective Jan. 1 after 10 years of service with FSLSO. During his tenure with FSLSO, Young has worked in …

Traffic Deaths Increased 13% in Wisconsin in 2015

Wisconsin transportation officials say traffic deaths increased by 13 percent in 2015. The state ended the year with 556 fatalities, up from 494 in 2014. Department of Transportation officials said in a news release that warm spring weather, cheap gas …

Tennessee Sees Sharpest Increase in Pedestrian, Bicycle Deaths Since 1984

Tennessee officials have recorded more pedestrian and bicycle deaths in 2015 than in any other year in the past two decades. WPLN reports that statistics show 120 pedestrians and bicyclists had died as of Dec. 29. By comparison, there were …

Aviva Canada Aims to Offer Ride-Sharing Insurance, with Uber Drivers in Mind

Aviva Canada aims to offer ride-sharing insurance to Ontario drivers who use their own vehicles to carry paying passengers starting next month, a service that could solve a major headache for ride-hailing company Uber Technologies Inc. The Canadian subsidiary of …

South Carolina Prescription Drug Database Mandate to Take Effect April 1

Most doctors in South Carolina will soon be required to consult a statewide database of patients’ medical history as a way to combat the state’s rampant prescription painkiller problem. The changes will direct any doctor who wants to bill either …

Third Point Re’s Stock Falls Below Level of 2013 IPO on Faltering Investments

Third Point Reinsurance Ltd., which counts on hedge fund manager Dan Loeb to oversee its portfolio, fell below the price of its 2013 initial public offering after investments faltered. The reinsurer tumbled 2.3 percent to $12.49 at 4:04 p.m. in …

Boating Fatalities Increased in Minnesota in 2015

Minnesota closed out 2015 with its highest level of boating fatalities in a decade. Minnesota had 18 boating-related deaths last year, preliminary figures from the Department of Natural Resources show. That’s the most since 23 people died in 2005 and …