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

EU Regulator Warns UK Insurers to Avoid ‘Fronting’ in Post-Brexit EU HQs

London-based insurers applying for licenses to operate in the European Union after Brexit will be scrutinized for any attempts to game the system, the bloc’s insurance watchdog said. Insurance specialists say some insurers have been shopping around for jurisdictions which …

Texas Homeowners Say They Weren’t Warned about Flooding Risks

More than 20 years before Hurricane Harvey, officials in suburban Houston were aware that a heavy storm could cause a reservoir to overflow and inundate nearby homes with water. So they issued a warning to potential home buyers. But they …

Florida to Deploy Anti-Fraud Strike Teams to Areas Hard-Hit by Irma

Anti-fraud strike teams comprised of investigators working for the Department of Financial Services’ Division of Investigative and Forensic Services will soon be deployed across the state in an effort to to protect Floridians from post-storm fraud, according to a statement …

Motorists Insurance Group’s Kaufman Receives Griffith Insurance Education Foundation Award

Dave Kaufman, CEO of Motorists Insurance Group in Columbus, Ohio, was presented with the 2017 Griffith Insurance Education Foundation Lifetime Achievement Award on Sept. 25 for his commitment to insurance education. Jim Kennedy, retired president and CEO of Ohio Mutual …

Arkansas Officials Seek to Limit Liability in Duggar Privacy Lawsuit

Arkansas officials are seeking immunity from being sued for releasing decade-old information about a sexual abuse investigation involving Josh Duggar and four of his sisters. Jill Duggar Dillard, Jessa Duggar Seewald, Jinger Duggar Vuolo and Joy Duggar filed a lawsuit …

Willis Towers Watson Launches Active Shooter Program for Senior Living Facilities

Willis Towers Watson has introduced an Active Shooter/Armed Intruder Readiness Program for senior living communities. The Active Shooter/Armed Intruder Readiness Program is designed to help senior living communities plan for, respond to and recover from active shooter events. Organizations can …

Syngenta Settles With U.S. Farmers in China Corn Trade Case

Swiss agribusiness giant Syngenta said it has agreed to settle tens of thousands of U.S. lawsuits by farmers over the company’s rollout of a genetically engineered corn seed variety before China approved it for imports. Syngenta’s seed division is based …

Lawsuit Claims J&J Knew of Asbestos in Talcum Powder in ’70s

Johnson & Johnson trained its employees to reassure anyone concerned about whether the company’s talcum powder contained asbestos that the cancer-causing substance “has never been found and it never will” in its iconic baby powder, according to an undated memo …

Citizens Estimates $1.23B In Insured Losses from Hurricane Irma

Hurricane Irma will generate up to 70,000 claims and approximately $1.23 billion of insured losses to Citizens Property Insurance Corporation over the next 18 to 24 months, according to initial estimates presented to Citizens Board of Governors on Wednesday. Chris …

Florida Keys Expected to Reopen to Visitors Oct. 1

Florida Keys officials say the island chain hit hard by Hurricane Irma will reopen to tourists Oct. 1. Officials made their announcement Monday, more than two weeks after the Category 4 storm made landfall in the Florida Keys. The storm …