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10, 2015
Insurance Journal » News 2015-10-14 12:37:21
Wholesale insurance broker, J.M. Wilson, has added Andrew Hamilton as sales and agency relations specialist in its Carmel, Ind., office. With a focus on Indiana and Ohio, Hamilton will be the primary resource and liaison for insurance agents, listening to their …
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10, 2015
BP to Pay Louisiana $58M for Legal Fees, Oil Spill Litigation Cost
BP will reimburse $58.25 million to the Louisiana Attorney General’s Office for its expenses, fees and litigation costs tied to the 2010 Deepwater Horizon disaster in the Gulf of Mexico. The Advocate reports money was included in BP’s record settlement …
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10, 2015
Indiana’s Butler University Creating Student-Run Insurer
Almost a quarter of the insurance industry is set to retire by 2022, and Butler University’s College of Business in Indianapolis is preparing its graduates to fill those voids by establishing its own student-run insurance company. As a “captive insurance …
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10, 2015
Audit: FEMA Should Recover $3.2M for Sandy Boardwalk Repair in Jersey Shore Town
The Federal Emergency Management Agency should recover nearly half of the $7 million grant it gave to a New Jersey shore town to fix its boardwalk after it was damaged by Superstorm Sandy, a government audit found. Spring Lake’s two-mile …
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10, 2015
H.J. Knight Hires Greene as Senior Account Executive in Massachusetts
H.J. Knight International, a brokerage firm based in Braintree, Massachusetts, announced that Robert C. Greene has been named senior account executive within the Benefits Department. In this role he will manage the service, reporting and renewal strategies for Knight International’s …
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10, 2015
Apple Loses Univ. of Wisconsin Patent Lawsuit
Apple Inc. could be facing up to $862 million in damages after a U.S. jury on Oct. 13 found the iPhone maker used technology owned by the University of Wisconsin-Madison’s licensing arm without permission in chips found in many of its …
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10, 2015
IronHealth Launches Hospital, Health System Liability Policy
IronHealth, the specialty healthcare unit of Ironshore Inc., has introduced its “LeadingEdge” policy for hospitals and integrated health care systems. IronHealth has developed the policy in response to the ongoing consolidation and evolution of healthcare business models to extend a …
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10, 2015
Arkansas to Realign Highway for Crash Reduction
An intersection on U.S. 65 in southeastern Arkansas is getting realigned in an effort to give drivers better sight lines and reduce fatal crashes. An estimated $500,000 and $750,000 will be spent to redevelop the intersection with Arkansas Highway 35, …
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10, 2015
ProPublica, NPR: Inside Corporate America’s Campaign to Ditch Workers’ Comp
This article was published by ProPublica and NPR and is reprinted with permission. Standing before a giant map in his Dallas office, Bill Minick doesn’t seem like anyone’s idea of a bomb thrower. But backed by some of the biggest …
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10, 2015
Insurers in Massive California Fires Agree to Claim Handling Reforms
Insurers handling wildfire damage from the Valley and Butte wildfires last month in Northern California has agreed to a claims handling process to help fire victims begin their recovery more quickly, Insurance Commissioner Dave Jones announced on Wednesday. More than …