News

XL Group Assembles Crisis Management Team in U.S.

XL Group has added a crisis management team to provide corporate clients in the U.S. with product recall, war, terrorism and political violence, kidnap, ransom, and extortion insurance. Led by Denise Balan in New York, the new team has underwriters …

Brownsville Remains Texas’ Safest Driving City

Brownsville drivers are among the best in the country. The Allstate Insurance Company’ ninth annual “Allstate America’s Best Drivers Report” lists America’s 200 largest cities in terms of car collision frequency to identify which cities have the safest drivers. The …

Wells Media Launches Carrier Management Print Magazine

Wells Media Group Inc. has launched a new print publication, Carrier Management Magazine, for property/casualty (P/C) insurance executives. This magazine launch follows the spring debut of the website, www.CarrierManagement.com, and its companion daily e-newsletter. The new quarterly Carrier Management Magazine …

Self-Driving Cars Could Be on U.S. Roads by 2020

Cars that drive themselves could be on U.S. roads by the end of this decade. But don’t take your foot off the pedal just yet. Automakers, universities and others are at various stages in the development of autonomous cars. Google …

South Dakota Ballot Measure Proposed on Health Insurance Restrictions

A proposed South Dakota ballot measure would prohibit insurance companies from restricting their customers’ choice of out-of-network health care providers. The proposed law, sponsored by three South Dakota doctors, would allow any health care provider to take part in an …

Joplin Rebuilding Since Tornado: About $837M Spent

About $837 million has been spent on construction in Joplin since the May 2011 tornado, including starts on more than 1,100 new homes, according to city building permit data. The figures include construction done throughout the city and are based …

Midwest, Plains Economy Should Keep Growing

A new survey of business leaders suggests the economy will continue growing in nine Midwest and Plains states through the rest of 2013 but at a slower pace than earlier this year. The survey’s overall economic index rose to 53.8 …

State Farm Sponsors Tollway Help in $1.8M Deal

State Farm Insurance is spending $1.8 million to sponsor tow trucks that rescue motorists who are stranded on the Illinois Tollway. WJBC Radio reports the three-year sponsorship is the first of its kind of the northern Illinois road system, which …

Finch Named National Managing Director of Admitted Markets at MarketScout

MarketScout, the national electronic insurance exchange and specialty MGA headquartered in Dallas, Texas, has expanded its nationwide specialty high-net-worth underwriting and brokerage practice with the addition of Daniela Pelligrinelli-Finch as national managing director of admitted markets. Finch was formerly a …

Utah Registers 39 Workplace Deaths In 2012

New figures from Bureau of Labor Statistics show there were 39 workplace deaths in 2012 in Utah – the same total as the year before. The preliminary data shows that transportation-related deaths were the most frequent in Utah accounting for …

News Archives by Month