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4 12, 2019

New York Governor Seeks Federal Disaster Funds for October Storm

By | December 4th, 2019|Uncategorized|Comments Off on New York Governor Seeks Federal Disaster Funds for October Storm

New York Governor Andrew Cuomo is calling for federal funding to help New York communities recover from Halloween storms packing strong winds, heavy rain and flash flooding. Democrat Cuomo’s office cites state and federal estimates that the October 31 storm …

8 11, 2019

Ex-Tennessee Agent Indicted On More Than 70 Charges, Accused of Premium Theft

By | November 8th, 2019|Uncategorized|Comments Off on Ex-Tennessee Agent Indicted On More Than 70 Charges, Accused of Premium Theft

A former insurance agent, political campaign treasurer and Tennessee Republican Party committeewoman is accused of stealing from her father’s campaign and pocketing insurance money from policyholders who used her family’s insurance company. News outlets report Kelsey Ketron, 29, has been …

5 12, 2019

MetLife to Enter Pet Insurance Market with Acquisition of PetFirst Program

By | December 5th, 2019|Uncategorized|Comments Off on MetLife to Enter Pet Insurance Market with Acquisition of PetFirst Program

MetLife has agreed to acquire PetFirst Healthcare, a pet insurance program administrator that currently distributes its pet insurance products through animal welfare agencies, direct-to-consumer channels and employers. MetLife says the acquisition will enable it to offer a new benefit that …

8 11, 2019

Ex-Tennessee Agent Indicted On More Than 70 Charges, Accused of Premium Theft

By | November 8th, 2019|Uncategorized|Comments Off on Ex-Tennessee Agent Indicted On More Than 70 Charges, Accused of Premium Theft

A former insurance agent, political campaign treasurer and Tennessee Republican Party committeewoman is accused of stealing from her father’s campaign and pocketing insurance money from policyholders who used her family’s insurance company. News outlets report Kelsey Ketron, 29, has been …

8 11, 2019

Ex-Tennessee Agent Indicted On More Than 70 Charges, Accused of Premium Theft

By | November 8th, 2019|Uncategorized|Comments Off on Ex-Tennessee Agent Indicted On More Than 70 Charges, Accused of Premium Theft

A former insurance agent, political campaign treasurer and Tennessee Republican Party committeewoman is accused of stealing from her father’s campaign and pocketing insurance money from policyholders who used her family’s insurance company. News outlets report Kelsey Ketron, 29, has been …

5 12, 2019

PG&E Nearing $13.5B Deal With California Wildfire Victims

By | December 5th, 2019|Uncategorized|Comments Off on PG&E Nearing $13.5B Deal With California Wildfire Victims

Bankrupt California power producer PG&E Corp. is close to finalizing terms for a $13.5 billion payout to victims of wildfires triggered by its power lines, Bloomberg reported on Wednesday, citing people familiar with the matter. The payment will be made …

8 11, 2019

Lloyd’s to Create Single Governing Body, Merging Council and Franchise Board

By | November 8th, 2019|Uncategorized|Comments Off on Lloyd’s to Create Single Governing Body, Merging Council and Franchise Board

Re/insurance market Lloyd’s announced its decision to merge the Council of Lloyd’s and the Franchise Board, effective from June 1, 2020, after receiving widespread support from across the market. The news follows five months of consultation across the Lloyd’s market, …

4 12, 2019

Report on California Workers’ Comp Looks at Medical Provider Fraud

By | December 4th, 2019|Uncategorized|Comments Off on Report on California Workers’ Comp Looks at Medical Provider Fraud

The Workers’ Compensation Insurance Rating Bureau of California in a follow-up analysis to its 2018 study that evaluated the potential impact of medical provider fraud enforcement shows indicted providers treated significantly more injured workers and rendered more services per injured …

8 11, 2019

VIBE Syndicate 5768 to Be Placed into Solvent Run-off

By | November 8th, 2019|Uncategorized|Comments Off on VIBE Syndicate 5768 to Be Placed into Solvent Run-off

The board of VIBE Syndicate Management announced, effective Dec. 31, 2019, its Syndicate 5678 at Lloyd’s will be placed into a planned run-off. “It was with considerable regret that our board reached the conclusion that the business does not have …

5 12, 2019

Texas Chemical Plant Shut by Explosions, Fire to Be Rebuilt, Company Says

By | December 5th, 2019|Uncategorized|Comments Off on Texas Chemical Plant Shut by Explosions, Fire to Be Rebuilt, Company Says

Petrochemical maker TPC Group Inc will rebuild the Texas plant shut last week by devastating explosions that ignited fires that burned for six days, a spokeswoman said on Dec. 4. The last fire at the Port Neches plant was extinguished …