The insurance carrier for a Connecticut city paid $30,000 to settle a lawsuit filed by the family of a third-grader who was barred from school for several days because of Ebola fears. School officials in Milford, Connecticut, initially told 7-year-old …
The article Report: Connecticut City’s Insurer Paid $30K to Settle Ebola Fear Lawsuit appeared first on Insurance Journal.
Low interest rates together with highly liquid and stable financial markets have prompted European insurers to tap the capital markets in their efforts to lower the cost of capital and optimize levels of risk-adjusted capitalization, according to a new report …
The article A.M. Best: European Insurers Tap Capital Markets Ahead of Solvency II appeared first on Insurance Journal.
The Kansas Supreme Court has ruled that an insurance company should cover a student who was in a private vehicle when he was injured in a crash on the way to a soccer match. The ruling stems from a 2006 …
The article Kansas High Court: Insurer Must Cover Student Injured in Crash appeared first on Insurance Journal.
Brown & Brown Inc. announced today that its subsidiary Brown & Brown of Massachusetts LLC has acquired certain assets of Strategic Benefit Advisors Inc., a health and welfare benefit advisory and brokerage firm in Southborough, Massachusetts. Terms of the transaction …
The article Brown & Brown Acquires Assets of Strategic Benefit Advisors in Massachusetts appeared first on Insurance Journal.
Blue Bell Creameries says it has likely identified the source of listeria contamination at its Oklahoma plant, but it may not be able to pinpoint a single source for the problem at its Texas plant. The Texas-based company gave the …
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AXIS Capital Holdings Ltd., the insurer that agreed to merge with PartnerRe Ltd., jumped in New York trading on speculation that the deal could fall apart, which could put AXIS in play to be taken over by another company. EXOR SpA, the …
The article AXIS Share Price Climbs on Speculation It Is Potential Takeover Target appeared first on Insurance Journal.
Nevada transportation regulators say they’ll seek to fast-track regulations for ridesharing companies such as Uber and Lyft. Members of the Nevada Transportation Authority voted 2-1 on Thursday to petition Gov. Brian Sandoval for emergency status. Agency spokeswoman Teri Williams said Sandoval’s …
The article Nevada Regulators Want to Fast-track Drafting of Uber rules appeared first on Insurance Journal.
After weeks of stalemate, a state legislative committee has advanced a bill setting up Oregon’s legal marijuana system. The approval of the joint House-Senate committee on Monday sends the bill to the full House, which can take it up as …
The article Committee Approves Oregon Marijuana Bill appeared first on Insurance Journal.
Austin, Texas-based Combined Agents of America LLC (CAA) elected Roger Lutrell, president of Benton Luttrell Co. in Van Alstyne, Texas, as its chairman for 2015/16 Other members of the newly elected 2015-16 CAA management committee include: Executive Vice President Trent Richmond, …
The article Lutrell Named Chairman of Combined Agents of America appeared first on Insurance Journal.
A former QBE Insurance Group Ltd. executive and an accomplice embezzled $2.6 million by submitting phony invoices in which the name of the chief financial officer was forged, according to U.S. prosecutors. James J. Shea, a former QBE vice president …
The article Former QBE Insurance Executive, Consultant Charged with Embezzling $2.6M appeared first on Insurance Journal.