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Insurance Journal, Insurance Careers Movement Partner on ‘Cool’ Job Contest for Under-40 Pros

Insurance Journal today launched a contest in conjunction with Insurance Careers Movement on what young insurance professionals believe is the coolest part of their job. It’s a bit tricky, however, because participants must give their answer in a photo or …

Storm Ophelia Set to Slam Coast of Ireland; Extreme Winds, Flooding Expected

Irish authorities warned some of the worst weather conditions to hit the country in 50 years will endanger lives, as Storm Ophelia’s remnants batter the coast with “extreme” conditions. Met Eireann, the nation’s weather service, extended its most severe warning …

Trump Defends Killing Off Obamacare Subsidies; 18 States Sue in Uphill Battle

Eighteen U.S. states sued President Donald Trump’s administration on Friday to stop him from scrapping a key component of Obamacare, subsidies to insurers that help millions of low-income people pay medical expenses, even as Trump invited Democratic leaders to negotiate …

California Commissioner Asks Insurers to Expedite Claims to Aid Wildfire Victims

California Insurance Commissioner Dave Jones over the weekend issued a notice to insurers asking them to agree to expedited claims handling procedures for wildfire damage claims to help fire victims more quickly. Several insurers immediately agreed to the Jones’ request …

Cyber Was Focus of California Symposium for Small and Mid-Sized Businesses

There are more than 4,000 cyber-attacks each year aimed at small- to mid-sized businesses, many of which are exposed because they haven’t given cyber security a high enough priority, according to Stephanie Christensen, who heads up cyber and intellectual property …

Fitch Ratings: Texas Flood Plan Would Lower Risk to Houston Region Utilities

The development of a state-wide flood plan by the Texas Water Development Board (TWDB) would reduce operational risk to both water and sewer utilities, according to Fitch Ratings. If developed, the plan would be the first in Texas history. A …

Roundstone, Hub International Partner on Medical Captive Programs

Roundstone Management Ltd. (Roundstone) in Lakewood, Ohio, and Chicago-based insurance brokerage Hub International Limited (Hub) have formed a strategic partnership for self-funded medical captive programs. Roundstone develops, underwrites and services alternative risk products, including captives and specialty insurance programs. According …

Butler Named Chief of Staff at Louisiana Insurance Department

Insurance Commissioner Jim Donelon has appointed Mary Elizabeth “Liz” Butler as chief of staff of the Louisiana Department of Insurance (LDI). Butler will oversee the agency budget, personnel and day-to-day operations of the agency. The appointment took effect earlier this …

Cincinnati Financial Corp. Says Q3 Cat Losses Could Rise to $114M

Cincinnati Financial Corp. has announced that the Cincinnati Insurance Companies’ property/casualty group expects its third-quarter results to include pretax catastrophe losses of approximately $102 million to $114 million. The company said the impact on the third-quarter 2017 combined ratio would …

Feds Shut Down Iowa Trucking Company Tied to Trafficking Deaths

Federal safety regulators have shut down a troubled Iowa trucking company that owned the semitrailer involved in a human trafficking case in which 10 immigrants died in Texas. Pyle Transportation was placed under an “out-of-service order” by the Federal Motor …

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