News

Fighting Drivers of Commercial Auto Frequency, Severity

Litigation financing, distracted driving and unexpected verdicts are just some of the factors impacting commercial auto frequency and severity, according to panelists speaking at the 2017 Risk Management Summit this week in Las Vegas. There has been a focus on …

U.S. Consumer Bureau Offers Rules for Financial Data Collection

The U.S. Consumer Financial Protection Bureau is turning its attention to companies that collect consumer financial information to provide services and products. The regulator laid out a series of principles on Wednesday to establish its expectations for accessing consumer’s financial …

Congress Questions Youth Football League on Safety

After hearing from brain trauma researchers who said playing football at a young age is unsafe even for kids who don’t suffer obvious injuries, members of Congress this week asked the nation’s governing body for the sport’s amateurs to detail …

GM to Pay States $120 Million to Settle Ignition Switch Claims

General Motors Co. has agreed to pay $120 million to resolve claims from 49 U.S. states and the District of Columbia over faulty ignition switches, state attorneys general and the company said on Thursday. The largest U.S. automaker had previously …

Nashville Keeps Winning FEMA Flood Appeals

While Federal Emergency Management Agency denials and reversals have roiled some communities following natural disasters, officials in Tennessee’s capital have been unusually successful at winning their appeals. An analysis by The Associated Press found that over the past decade, FEMA …

Northern California Wildfires: Insurance Industry Ready to Assist With ‘Massive’ Recovery

Rebuilding the Northern California areas devastated by wildfire will be a long-term effort, and insurers say they will be there to help their affected policyholders get back on their feet. Tens of thousands of evacuees began making their way home …

Boyd Promoted to Florida Deputy Chief Financial Officer

The Department of Financial Services’ long-time Legislative Affairs Director Elizabeth Boyd has been promoted to Deputy Chief Financial Officer, according to a statement from Chief Financial Officer Jimmy Patronis. In this new role, Boyd will oversee the Department’s legislative affairs, …

BB&T-Oswald Trippe Adds 2 Commercial Lines Producers to Florida Team

BB&T- Oswald Trippe and Company has expanded its Southeast Florida team with the addition of two new associates as commercial lines producers to assist business clients in the greater Southeast Florida area. Kelly Matacena has been named a commercial lines …

Parisotto Named Administrative Director of California Worker’s Comp Division

George Parisotto has been named administrative director of the California Division of Workers’ Compensation. His appointment was made official by California Gov. Jerry Brown Jr. on Thursday. Parisotto has filled the post of acting administrative director since February 2016, following …

Early Data Shows Insured Losses from California Wildfires Already at $1B and Growing

Insurance Commissioner Dave Jones today released preliminary data provided by eight California insurers processing claims for tens of thousands of policyholders that shows $1.045 billion in losses to commercial and residential structures, personal and commercial vehicles and agricultural equipment. The …

News Archives by Month