Monthly Archives: <span>February 2019</span>

Prosecutor Says New Jersey Man Fakes Fall for Insurance Money

Police have arrested a New Jersey man who they say faked a slip and fall at a business to get insurance money. Prosecutors say the 57-year-old Randolph man was subcontracted to work at a company in Woodbridge when he faked …

Insurance Council of Australia Declares Catastrophe for Queensland Floods

The Insurance Council of Australia (ICA) declared a catastrophe for insurance policyholders who have been affected by torrential rain and flooding in the northeastern Australian state of Queensland. “The Queensland government and emergency services have informed the Insurance Council that …

Australia Sweltered in January Through Hottest Month on Record

Australia sweltered through its hottest month on record in January and the summer of extremes continued with wildfires razing the drought-parched south and flooding in expanses of the tropical north. Australia’s Bureau of Meteorology confirmed the January record on Friday …

Japan Insurers Eye China Acquisitions in Continuation of Overseas Deal Spree

Japanese insurance companies have spent more than $50 billion on acquisitions over the past five years to become the world’s second-largest buyer of insurance assets, and the deals spree won’t be slowing down any time soon. The cashed-up insurers are …

Australia to Shake Up Financial Sector After Inquiry Shows Widespread Wrongdoing

Australia’s corporate regulators will be subjected to a new oversight body in a shake-up of the banking sector recommended by a high-powered independent inquiry into financial sector greed and malpractice. The government-appointed inquiry known as a Royal Commission also recommended …

Independent Agent Group Taps Texas Mutual as Endorsed Work Comp Carrier

Texas’ largest independent insurance agent association and the state’s leading workers’ compensation insurance carrier have formed a strategic partnership. The Independent Insurance Agents of Texas (IIAT) announced the partnership with Texas Mutual Insurance Co. at IIAT’s Joe Vincent Agency Management …

CNA’s Huber Named Senior VP, Sales & Field Operations at GuideOne

GuideOne Insurance, headquartered in West Des Moines, Iowa, has appointed Rob Huber as senior vice president, Sales & Field Operations. In this role, Huber is responsible for leading GuideOne’s sales, marketing, field underwriting and product development strategies and functions, including …

Parent-Centric Auto Insurer, Apparent, Launches in Texas

Apparent Insurance, a new auto insurance company designed for parents by parents, has begun offering coverage in Texas. The company has been established to provide specialized coverage and services for parents at every stage of their lives. The plans, features, …

South Carolina Hands-Free Driving Bill Advances in State Legislature

A bill banning drivers in South Carolina from holding cellphones in their hands passed its first hurdle. The proposal would fine drivers $200 for using a cellphone or other electronic device in their hands. Drivers could talk on the phone …

CSX Settles Civil Suit in Train Death of Film Worker in Georgia

A railroad owner settled a wrongful death lawsuit by the family of a film worker killed in 2014 when a train slammed into a crew shooting a movie about singer Gregg Allman, ending the company’s appeal of a $3.9 million …