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11 06, 2015

Study: Insurance Plan Could Lower Costs for Detroit Drivers

By | June 11th, 2015|Recent Articles|Comments Off on Study: Insurance Plan Could Lower Costs for Detroit Drivers

Drivers in Detroit could save $600 to $2,300 annually on car insurance under a plan the city is hoping the Legislature will pass, according to a report. The six-month study by Bloomington, Ill.-based Pinnacle Actuarial Resources shows D-Insurance would give …

The article Study: Insurance Plan Could Lower Costs for Detroit Drivers appeared first on Insurance Journal.

11 06, 2015

Growth Business: Helping Insurers Recoup Personal Injury Medical Costs

By | June 11th, 2015|Recent Articles|Comments Off on Growth Business: Helping Insurers Recoup Personal Injury Medical Costs

George Rawlings grabs a stack of computer printouts and stretches them six feet across his office, admiring data from police reports of Florida auto accidents: the names of those hurt and the severity of their injuries. For Rawlings, this information …

The article Growth Business: Helping Insurers Recoup Personal Injury Medical Costs appeared first on Insurance Journal.

11 06, 2015

Boston-Based Online Agency Goji Hires Kezirian as CEO

By | June 11th, 2015|Recent Articles|Comments Off on Boston-Based Online Agency Goji Hires Kezirian as CEO

Goji, an online independent insurance agency based in Boston, hired Steve Kezirian as the firm’s new chief executive officer. Kezirian succeeds interim CEO James Ermilio, who will be transitioning back to chief insurance officer and board director roles. Prior to …

The article Boston-Based Online Agency Goji Hires Kezirian as CEO appeared first on Insurance Journal.

11 06, 2015

Number of Cars with Takata Air Bags Uncertain

By | June 11th, 2015|Recent Articles|Comments Off on Number of Cars with Takata Air Bags Uncertain

The number of vehicles on U.S. roads with potentially defective Takata air bags appears to be less than half the 34 million initially estimated by federal regulators, according to a Reuters analysis of recall records submitted to the watchdog and …

The article Number of Cars with Takata Air Bags Uncertain appeared first on Insurance Journal.

11 06, 2015

Insurance Society of Philadelphia Announces New Leadership

By | June 11th, 2015|Recent Articles|Comments Off on Insurance Society of Philadelphia Announces New Leadership

The Insurance Society of Philadelphia (ISOP) announced Dianne Salter will assume the role of chair of ISOP’s Board of Directors. Salter will begin her two-year term on July 1. She succeeds John Sherlock, the outgoing ISOP board chair and current …

The article Insurance Society of Philadelphia Announces New Leadership appeared first on Insurance Journal.

11 06, 2015

El Nino Now 85% Likely to Last Through Winter: U.S. Climate Forecasters

By | June 11th, 2015|Recent Articles|Comments Off on El Nino Now 85% Likely to Last Through Winter: U.S. Climate Forecasters

The odds that a weather-changing El Nino will last until the Northern Hemisphere’s next winter are increasing, though it’s too early to say if it will provide drought relief across California, the U.S. Climate Prediction Center said. There is an …

The article El Nino Now 85% Likely to Last Through Winter: U.S. Climate Forecasters appeared first on Insurance Journal.

12 06, 2015

McCormick Sued by Rival over Amount of Pepper in Tins

By | June 12th, 2015|Recent Articles|Comments Off on McCormick Sued by Rival over Amount of Pepper in Tins

A dust-up over pepper has landed in federal court in Minneapolis. A small Minnesota producer, Watkins Inc., filed a lawsuit against giant spice maker McCormick & Co., claiming it has misled consumers by secretly cutting the amount of pepper in …

The article McCormick Sued by Rival over Amount of Pepper in Tins appeared first on Insurance Journal.

10 06, 2015

Supreme Court to Hear Tyson Challenge to Damages in Worker Pay Class Action

By | June 10th, 2015|Recent Articles|Comments Off on Supreme Court to Hear Tyson Challenge to Damages in Worker Pay Class Action

The U.S. Supreme Court on Monday agreed to take up Tyson Foods Inc.’s challenge to an almost $5.8 million judgment awarded against the company over worker pay at an Iowa meat-processing facility in a case that gives the nine justices …

The article Supreme Court to Hear Tyson Challenge to Damages in Worker Pay Class Action appeared first on Insurance Journal.

11 06, 2015

Judge Fines Texas Guardrail Maker $663M over Design Changes

By | June 11th, 2015|Recent Articles|Comments Off on Judge Fines Texas Guardrail Maker $663M over Design Changes

A federal judge ordered a Texas company to pay $663 million in damages for failing to tell the government about design changes to highway guardrails that critics say made the systems more dangerous. Trinity Industries Inc. said it would appeal. …

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10 06, 2015

Gen Re: Toffanello Named CEO of Faraday When Ceurvorst Retires in 2016

By | June 10th, 2015|Recent Articles|Comments Off on Gen Re: Toffanello Named CEO of Faraday When Ceurvorst Retires in 2016

Gen Re announced that Paul Ceurvorst will retire as CEO of Faraday in March 2016. Pietro Toffanello will become CEO of Faraday upon Ceurvorst’s retirement, subject to UK regulatory approval. Mark Rayner will continue to serve as chief underwriting officer …

The article Gen Re: Toffanello Named CEO of Faraday When Ceurvorst Retires in 2016 appeared first on Insurance Journal.