Monthly Archives: <span>April 2017</span>

Delaware Bill Aimed at Substance Abuse Insurance Coverage

House lawmakers have unanimously approved legislation aimed at ensuring that people struggling with drug addiction get the help they need. Supporters of the bill say denial of insurance coverage for substance abuse treatment is a major source of failed treatment …

17 States Sue to Halt Trump Rollback of Climate Change Regulations

A coalition of 17 U.S. states filed a legal challenge on Wednesday against efforts by President Donald Trump’s administration to roll back climate change regulations, deepening a political rift over his emerging energy policies. Led by New York state, the …

IVANS Index: Commercial Rates Up in Q1 Except Workers’ Compensation

Insurance premium renewal rate change for the majority of standard commercial lines products including auto, business owners, general liability, property and umbrella remained in positive territory for the first quarter. Workers’ compensation is the one product that continued to maintain …

Trump Administration to Delay Fiduciary Rule by 60 Days

The U.S. Labor Department will delay implementation of its “fiduciary” rule by 60 days while it undertakes a review on whether the rule may hinder Americans’ ability to get access to retirement investment advice, according to a filing in the …

Expect Another Active M&A Year with Tech Gaining Interest, Says Conning

Signs point to 2017 being another year of “robust” mergers and acquisitions, thanks in part to a number of ongoing industry trends and a current government climate that show no sign of letting up, Conning said in a new report. …

Auto-Owners and Concord General Mutual Insurance Affiliation Approved

Auto-Owners Insurance and Concord General Mutual Insurance have announced that their affiliation has been approved, effective April 1, 2017, by policyholders and all regulatory bodies. Auto-Owners is a Lansing, Michigan-based A.M. Best A++ (Superior) rated multi-line property and casualty insurer, …

Starr’s Caporelli Joins Rockhill Environmental Team in California

The Rockhill Insurance Group has named Steve Caporelli to its environmental unit. Caporelli will be based in the San Francisco, Calif. office. Caporelli more than 15 years of underwriting and risk assessment experience. He previously worked at Starr Cos. as …

Claims Manager at Golden Bear in California Addresses Agency Fraud

Beth Ossino, claims manager at Golden Bear Insurance Co. in Stockton, Calif., puts dealing with agency fraud high on her radar. She talked with Insurance Journal about agency fraud, and how agency owners should go about avoiding being involved with …

Atlas General Insurance Services Expands National Commercial Presence

San Diego, CA, April 6, 2017 – Atlas General Insurance Services, LLC (‘Atlas’), a national multi-line program administrator, announced the expansion of their commercial programs to include coverage for California contractors. Atlas offers this coverage through exclusive partnerships with A.M. …

Beazley Forms ‘Anything Lineslip’ for Hard-To-Place Professional Liability Risks

Beazley has launched the new Anything Lineslip in London offering terms for all U.S. management, professional, cyber and healthcare liability risks. The Anything Lineslip is led by Beazley, supported by a number of other carriers including Antares and ARK 4020 …