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4 08, 2015

Proposal: Newtown Victims’ Families Would Split $1.5M From Homeowner Policy

By | August 4th, 2015|Recent Articles|Comments Off on Proposal: Newtown Victims’ Families Would Split $1.5M From Homeowner Policy

The families of more than a dozen victims of the Newtown school shooting rampage in Connecticut would split $1.5 million under proposed settlements of lawsuits against the estate of the gunman’s mother. The lawsuits filed this year accuse Nancy Lanza …

The article Proposal: Newtown Victims’ Families Would Split $1.5M From Homeowner Policy appeared first on Insurance Journal.

7 08, 2015

Zurich Insurance’s Investors Grow Impatient with CEO Senn’s Strategy

By | August 7th, 2015|Recent Articles|Comments Off on Zurich Insurance’s Investors Grow Impatient with CEO Senn’s Strategy

Martin Senn, Zurich Insurance Group AG’s chief executive officer, is considering a bid for RSA Insurance Group plc, one of the U.K.’s biggest insurers, after a cost-cutting program failed to revive returns for shareholders. Investors including GAM Holding AG are cautious about …

The article Zurich Insurance’s Investors Grow Impatient with CEO Senn’s Strategy appeared first on Insurance Journal.

4 08, 2015

NCCI Proposes Decrease for Workers’ Comp Loss Costs in Maryland

By | August 4th, 2015|Recent Articles|Comments Off on NCCI Proposes Decrease for Workers’ Comp Loss Costs in Maryland

The National Council on Compensation Insurance (NCCI) recently delivered a workers’ compensation loss cost filing to the Maryland Insurance Administration. NCCI stated in its July 28 filing that based on its review of the most recently available data, it is …

The article NCCI Proposes Decrease for Workers’ Comp Loss Costs in Maryland appeared first on Insurance Journal.

7 08, 2015

France Expands Search for MH 370 Debris at Malaysia’s Request

By | August 7th, 2015|Recent Articles|Comments Off on France Expands Search for MH 370 Debris at Malaysia’s Request

The French government has responded to a request from Malaysia for more help in the search for the missing Malaysia Airlines plane. France said it would send planes, boats and helicopters to scour the coast of the remote Indian Ocean …

The article France Expands Search for MH 370 Debris at Malaysia’s Request appeared first on Insurance Journal.

5 08, 2015

Poeton Named Sr. VP in State National’s Program Services Segment

By | August 5th, 2015|Recent Articles|Comments Off on Poeton Named Sr. VP in State National’s Program Services Segment

Bedford, Texas-based State National Cos. Inc. appointed Tim Poeton senior vice president of business development in its Program Services segment. Poeton has more than  30 years of insurance and reinsurance experience. Most recently, he served as senior vice president and branch …

The article Poeton Named Sr. VP in State National’s Program Services Segment appeared first on Insurance Journal.

7 08, 2015

Gallagher Signs Plans to Buy Controlling Stake in Colombian Broker Guianza

By | August 7th, 2015|Recent Articles|Comments Off on Gallagher Signs Plans to Buy Controlling Stake in Colombian Broker Guianza

Arthur J. Gallagher — the international division of Arthur J. Gallagher & Co. – has signed an agreement to acquire a controlling stake in Colombian retail insurance broker Guianza S.A. Corredores de Seguros (Guianza), subject to regulatory approval. The remaining …

The article Gallagher Signs Plans to Buy Controlling Stake in Colombian Broker Guianza appeared first on Insurance Journal.

5 08, 2015

N.Y. Yankees to Offer Fans Biometric Identity Service for Faster Stadium Entry

By | August 5th, 2015|Recent Articles|Comments Off on N.Y. Yankees to Offer Fans Biometric Identity Service for Faster Stadium Entry

Yankee Stadium visitors soon will be able to avoid long security lines by registering their fingerprints with a biometric identity service used at 12 U.S. airports. Starting Friday night against the Toronto Blue Jays, visitors to the Bronx, New York, …

The article N.Y. Yankees to Offer Fans Biometric Identity Service for Faster Stadium Entry appeared first on Insurance Journal.

7 08, 2015

Typhoon Soudelor Nears Taiwan; China Next in Line: AccuWeather Report

By | August 7th, 2015|Recent Articles|Comments Off on Typhoon Soudelor Nears Taiwan; China Next in Line: AccuWeather Report

AccuWeather has reported that “powerful Typhoon Soudelor will bring both flooding rainfall and damaging winds to Taiwan as the storm remains on a collision course with the island.” The report noted that “even though Soudelor has weakened, it remains a …

The article Typhoon Soudelor Nears Taiwan; China Next in Line: AccuWeather Report appeared first on Insurance Journal.

4 08, 2015

Uber Driver Case Tests ‘Sharing Economy’ Business Model

By | August 4th, 2015|Recent Articles|Comments Off on Uber Driver Case Tests ‘Sharing Economy’ Business Model

The most serious challenge to Uber Technologies Inc.’s “Be your own Boss” business model might also present an early test to the wider sharing economy as well as undermine its own $50 billion valuation. The immediate battle comes Thursday in …

The article Uber Driver Case Tests ‘Sharing Economy’ Business Model appeared first on Insurance Journal.

7 08, 2015

Mississippi Insurance Commissioner Chaney Wins Republican Nomination

By | August 7th, 2015|Recent Articles|Comments Off on Mississippi Insurance Commissioner Chaney Wins Republican Nomination

Second-term incumbent Mike Chaney of Vicksburg has won the Republican nomination for insurance commissioner. He held off a challenge Tuesday from John Mosley, a body shop owner from Clinton. Mosley campaigned, in part, by saying insurance companies have gotten away …

The article Mississippi Insurance Commissioner Chaney Wins Republican Nomination appeared first on Insurance Journal.