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9
11, 2015
House, Senate Transportation Bill Compromise to Address Auto Safety
The multiyear transportation bill that passed the U.S. House this week parcels out a number of provisions on auto safety and environmental regulation sought by interest groups including automakers, dealers and safety advocates. Following are six measures that will now …
4
11, 2015
Penn National Insurance Adds Cyber Security Coverage
Penn National Insurance will begin offering cyber security insurance coverage as part of its commercial lines product offerings. Cyber security insurance provides coverage for expenses and exposures associated with a data breach, such as notification of a breach and remediation …
6
11, 2015
Connecticut Approves Workers’ Comp Loss Cost Decrease of 3.9%
Connecticut Insurance Commissioner Katharine L. Wade said Connecticut employers can expect to pay less next year for their workers’ compensation insurance as a result of the Insurance Department’s approval this week of a rate filing that lowers rates and the …
5
11, 2015
Pacific Northwest E. Coli Outbreak Threatens Chipotle’s Sales
Chipotle Mexican Grill Inc.’s food poisoning outbreak in Washington state and Oregon threatens to scare diners away from the popular burrito chain and has become fodder for one of its most vocal critics. Health officials are scrambling to identify the …
9
11, 2015
Zurich to Cut 440 Jobs at U.K. P&C Insurance Unit as Part of Cost-Cutting Program
Zurich Insurance Group AG plans to cut 440 jobs at its U.K. general insurance unit as part of a cost- cutting program announced in May. Switzerland’s biggest insurer will announce the plan on Monday, according to Alex Jones, a spokesman for Zurich in London. …
4
11, 2015
Japan Post’s Successful IPO Raises $12B in Japan’s Biggest Privatization Since 1987
Japan Post Holdings and its two financial units burst out of the gate with gains of 16 to 33 percent on debut on Wednesday, after the government raised $12 billion from the triple IPO in Japan’s biggest privatization since 1987. …
6
11, 2015
CPro Associates Adds Archer as National Marketing Director
Texas-based CPro Associates, a wholesaler specializing workers’ compensation and occupation injury insurance products and services, has hired Jon Archer as national marketing director for alternatives to workers’ compensation. Archer has more than 25 years of experience in the workers’ comp …
4
11, 2015
Automatic Brakes to Be Part of 5-Star Safety Ratings
The National Highway Traffic Safety Administration (NHTSA) said it would update its 5-Star vehicle safety ratings to include automatic emergency braking (AEB) as a recommended safety technology. The regulator’s rating system provides consumers with information about how safe they are …
6
11, 2015
Best Agency to Work For – East: Novick Group Inc.
ROCKVILLE, MARYLAND Novick Group Inc. Best Agency to Work For – East Specialty Agency Offers Welcoming, Family-Friendly Workplace At Novick Group Inc. – Insurance Journal‘s 2015 Best Agency to Work For, Bronze Winner – East Region – employees say that …
4
11, 2015
Best Agency to Work For – Overall: Rogers & Gray Insurance
SOUTH DENNIS, MASSACHUSETTS Rogers & Gray Insurance Best Agency to Work For – Overall ‘Feeling of Family’ at Rogers & Gray People, culture, strong leadership, respect, profitability, growth and community involvement are a few of the reasons why Rogers …