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10, 2015
IBM to Buy Weather Co.’s Business, Web Properties to Expand Watson
IBM said today it has agreed to acquire The Weather Co.’s business-to-business mobile and cloud-based web properties, including WSI, weather.com, Weather Underground and The Weather Co. brand. IBM will not acquire the TV segment – The Weather Channel –but the …
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10, 2015
New Hampshire Approves Workers’ Comp Loss Cost Decrease of 5.9%
The New Hampshire Insurance Department announced that it has approved the National Council on Compensation Insurance’s advisory loss cost and rating values filling to be effective Jan. 1, 2016. The approved voluntary loss cost change is a decrease of 5.9 …
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10, 2015
California DMV Agreement Changes How Motor Vehicle Records Are Handled
California agents and brokers are being notified of a new change to how they can handle motor vehicle records. An agreement between representatives from the insurance industry and the California Department of Motor Vehicles eventually enabled the DMV to revise …
28
10, 2015
Premiums on New Jersey Health Exchange Rising 5%
The premium for a mid-level plan offered on the federal government’s health insurance exchange will be up by 5 percent in New Jersey in 2016. But premiums will be lower, as expected, for people choosing a new plan that is …
28
10, 2015
Argo Group Reports Q3 Net Income of $35.3M vs. $44.7M for Q3 2014
Bermuda-headquartered Argo Group International Holdings Ltd. reported net income of $35.3 million, or $1.24 per diluted share, compared to $44.7 million, or $1.54 per diluted share, for the third quarter of 2014. Net income for the nine month period ended Sept. …
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10, 2015
Top Insurance Lobbyists on Capitol Hill
The Hill, a popular Capitol Hill insider publication with political news and opinions, has placed five insurance groups and their lobbyists on its 2015 list of the top lobbyists in Washington for associations. The insurance trade groups making The Hill’s …
28
10, 2015
Earthquake Swarm Around San Francisco Persists
The U.S. Geological Survey reports that in the last two weeks more than 400 small earthquakes have hit a city east of San Francisco. KNTV reported that the city of San Ramon appears to have broken an earthquake record with …
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10, 2015
What Are Chances a U.S Business Will Face an Employee Lawsuit?
U.S.-based small and medium sized businesses face an almost 12 percent chance that they it will be hit with an employment claim, with their chances much higher in certain states. A new study of employee charge trends by specialty insurer …
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10, 2015
West Coast Towns Vulnerable to Tsunamis Consider Ways to Save Lives
Bracing for a tsunami like the one that devastated Japanese communities during a 2011 mega-earthquake, coastal communities from British Columbia to California have been grappling with how to protect people from a similar catastrophe. One of those towns is constructing …
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10, 2015
Lyft Becomes First to Offer Ridesharing at Las Vegas Airport
Lyft is the first ridesharing company to offer trips to travelers at McCarran International Airport in Las Vegas. Lyft said it began offering airport rides Monday morning. The company’s smartphone app connects individuals in need of a ride with drivers …