News

Ohio Benefits Firm Merges with USI Insurance Services

Accelerated Benefits in Ohio has joined forces with USI Insurance Services (USI), the companies announced. Founded in 1986 by Thomas P. Wagoner and headquartered in Dublin, Ohio, Accelerated Benefits and its employees will remain at the current Dublin location. Wagoner …

ICT on Track to Provide $1M in Insurance Education Funds by Year’s End

With Insurance Careers Month underway, the Insurance Council of Texas (ICT) Education Foundation announced that it expects to have provided more than $1 million in cumulative funding to Texas universities and their insurance and risk management students by the end …

U.S. Water Damage Class Action Settlement to Cost BMW $478 Million

German automaker BMW AG has agreed to pay up to $477.7 million to settle a class-action lawsuit covering about 318,000 U.S. luxury car owners who may have suffered water damage harming electrical components in vehicle trunks. According to settlement documents …

Why the Insurance Industry Supports and Hires Veterans

Many property/casualty insurance carriers have focused their charitable efforts on veterans, and they’ve done so for a number of good reasons. One important reason for adopting veterans causes was explained by Glenn Elmore, director of sales training for Combined Insurance, …

House Speaker Ryan Says Obamacare Replacement Bill to Pass This Year

The U.S. House of Representatives’ Republican leader said on Tuesday that legislation to replace former President Barack Obama’s signature healthcare law will be completed this year, trying to assuage concerns that the party is retreating from its campaign promise to …

40 Suspects Are Part of Family Auto Fraud Ring in California

California Department of Insurance detectives and investigators with the Auto Insurance Fraud Task Force today arrested seven suspects, charged an additional 22 who are self-surrendering, and are still seeking 11 more suspects for allegedly running an organized automotive insurance fraud …

Transgender Veteran Settles California Suit over Being Denied A Haircut

A Riverside County, Calif. transgender Army veteran has settled a lawsuit against a Rancho Cucamonga barbershop that refused to cut women’s hair. The amount of the settlement was not disclosed. The Press-Enterprise reported that as part of the settlement The …

RIC Insurance Names Campbell Senior E&S Broker in California

RIC Insurance General Agency has named Travis Campbell as a senior broker to expand its excess and surplus division. Campbell will be working primarily with retail insurance agents in the California counties of Orange, San Diego and Imperial. Campbell previously …

SIU Expands Active Shooter Insurance Program to Include New Classes, Risks

Southern Insurance Underwriters, Inc. (SIU) has expanded its insurance product active shooter program for educational institutions to include most businesses and facilities accessible to the public, such as: Healthcare facilities Religious houses of worship Entertainment venues and events Retail (including …

Nearly 1.9M Michigan Workers’ Info Possibly Compromised

Social Security numbers and other personal information of up to 1.87 million Michigan workers may have been compromised, the state said on Feb. 3. The problem stemmed from a software update to Michigan’s troubled unemployment computer system, state officials said. …

News Archives by Month