November 25, 2019
A Plano, Texas-based international sales and marketing company that provides food demonstrators to major American retailers and warehouse stores, will pay $2.65 million and furnish other relief to settle a federal disability discrimination lawsuit. The U.S. Equal Employment Opportunity Commission …
November 25, 2019
Digital home insurance managing general agency Hippo Insurance has acquired an early-stage startup in a bid to beef up its digital home insurance services for clients, Carrier Management reported. The insurtech said it acquired Sheltr, a San Francisco-based tech-enabled services …
November 24, 2019
More from ACORD’s recent study, “Intelligent Growth: Intent, Decisions, Outcomes.” Of the 200 carriers, 73 were called waning carriers. These are carriers that have inferior combined ratios or return on assets and actually lost market share globally. “They may have …
November 24, 2019
Some insurance carriers grow but do not create value. Others shrink but still create value. Some fail at both. Then there are the “intelligent growers”—those that succeed at both, not only growing but also creating value. Intelligent growers— that’s the …
November 24, 2019
If Bill Pieroni were a Major League Baseball executive, he would be one of those sabermetric types like Oakland’s Billy Beane, heralded by the book “Moneyball.” His team’s manager would have spreadsheets on an iPad, and his team would use …
November 22, 2019
Premium volume from homeowners polices written by California’s surplus lines industry, although still small, has doubled over the past four years, seemingly pushed by an increase in wildfires in the state. Some experts believe that the surplus lines share of …
November 22, 2019
Days before President Barack Obama left office in 2017, the U.S. Environmental Protection Agency finalized a rule aimed at preventing tragedies like the 2013 explosion and fire in the tiny Central Texas town of West that killed a dozen first …
November 22, 2019
Next Level Insurance Agency CEO Danny O’Connell has been elected president-elect of the National Association of Insurance and Financial Advisors – Texas (NAIFA-TX) for 2020. He will continue to lead the organization as president in 2021. O’Connell has been on …
November 22, 2019
Nearly 1,200 surgical patients may have been exposed to hepatitis, HIV and other infectious diseases due to a sterilization failure, a northern Indiana hospital says. A Goshen Hospital sterilization technician failed to complete one crucial step in the sterilizing process …
November 22, 2019
A Boeing Co. lawyer said the aircraft maker has reached settlements in more than 60 wrongful death cases filed after a 737 Max 8 plane flown by Lion Air crashed in Indonesia last year, killing all 189 people aboard. Attorney …