August 14, 2018
Although there has been an overall decline in workers’ compensation claims, the frequency of claims for motor vehicle accidents has increased in recent years. According to the National Council on Compensation Insurance (NCCI) in a new report, these accidents can …
August 14, 2018
Auto insurance shoppers are placing a greater importance on having more services provided to them today versus five years ago, underscoring the fact that shoppers are increasingly demanding more product options and more and different ways to connect with their …
August 13, 2018
When police investigators tried to figure out what caused a multi-vehicle crash that killed an elderly woman in Morton, Illinois, last month, they looked to the sky for help. Like a growing number of police agencies throughout the country, the …
August 13, 2018
Broker JLT Specialty USA has named John Bogan as a vice president, serving U.S. life science companies and their complex products liability, clinical trial and related risks. Bogan comes to JLT from Marsh, where since 2016 he has served as …
August 13, 2018
Global insurance wholesale brokerage AmWINS Group has formed two specialty managing general agencies focused on the marine industry, AmWINS Specialty Logistics Underwriters (ASLU) and Sentinel Marine Underwriters (SMU). Argonaut Insurance Co. is providing the insurance capacity for both ASLU and …
August 13, 2018
The U.S. is bracing for cyberattacks Iran could launch in retaliation for the re-imposition of sanctions this week by President Donald Trump, cybersecurity and intelligence experts say. Concern over that cyber threat has been rising since May, when Trump pulled …
August 13, 2018
An analysis of five years of benchmarking data from more than 1,700 claims identifies three practices that workers’ compensation claims organizations rated as low in quality should adopt to keep from falling further behind in performance. According to the analysis …
August 13, 2018
A California jury on Friday found Monsanto liable in a lawsuit filed by a man who alleged the company’s glyphosate-based weed-killers, including Roundup, caused his cancer and ordered the company to pay $289 million in damages. The case of school …
August 12, 2018
The sale of a life insurance unit and an easing of catastrophe costs boosted Liberty Mutual Holding Co.’s net income for the second quarter to $981 million, well above the $126 million it saw in the same quarter last year. …
August 10, 2018
Pie Insurance, an online seller of workers’ compensation policies to small-and-medium-sized businesses, reported it has completed an $11 million Series A funding round. The company, a full stack managing general agent (MGA) operation, currently offers its online buying process that …