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12
10, 2015
West Virginia Widow Settles Wrongful Death Suit with Energy Companies for $18M
Energy companies will pay $18 million to settle a wrongful death lawsuit filed by the widow of a man who died in a flash fire at a natural gas station in Tyler County, West Virginia. The settlement involves the April …
8
10, 2015
M3 Insurance Joins unisonBrokers for Global Presence
Madison, Wis.-based M3 Insurance announced it has joined unisonBrokers, a global broker network offering multinational insurance and risk management services. M3 said the partnership enables it to provide internationally operating companies with independent insurance products and services through a network of …
12
10, 2015
Kentucky Traffic Deaths on the Rise
Kentucky officials say statewide traffic deaths are on the rise so far in 2015. There were 549 fatalities as of Oct. 6 – 58 more than at the same time last year, according to preliminary numbers from the Kentucky Office …
7
10, 2015
Texas Sees Uptick in Fatal Occupational Injuries
Preliminary data show that there was a 3 percent increase in fatal occupational injuries in Texas in 2014 over the previous year, state workers’ compensation insurance regulators report. The Texas Department of Insurance-Division of Workers’ Compensation said there were 524 …
11
10, 2015
Insurers Pulling Policies Out of Exchange a Costly Problem for MNsure
Minnesota insurers have routed thousands of customers away from MNsure, a financial boon for the companies but one that creates enrollment and revenue headaches for an exchange already confronting concerns about long-term solvency. After signing up customers on plans through …
8
10, 2015
InsureZone Expands into Houston
Fort Worth, Texas-based InsureZone is expanding operations into the Houston metro area. The new office will be headed up by Vice President of Business Development Renee Hooker who joined InsureZone in April. Other key personnel include commercial underwriters, Amy Boyer …
12
10, 2015
Global Property Insurance Premiums Top $360 Billion: Finaccord Survey
As of the end of 2014 the worldwide property insurance market was worth $360.5 billion in gross written premiums with household (homeowners’) policies making up 54 percent of this total, according to a survey conducted by U.K. Based consultants Finaccord. …
7
10, 2015
Consumer Agency Seeks to Limit Financial Firms’ Arbitration Clauses
Banks and credit card companies may not force customers to sign away their legal rights to take part in class action lawsuits, under an early-stage U.S. government proposal that is likely to draw ire from Wall Street. The Consumer Financial …
11
10, 2015
AAA: Animal-Vehicle Collision Claims in Oklahoma Rose Last Year
The AAA in Oklahoma says collisions between vehicles and deer on roadways in the state are becoming more likely as the deer mating season begins. AAA spokesman Chuck Mai says cooler autumn temperatures signal the start of the mating season …
8
10, 2015
Indiana Insurance Agent Tapped to Lead State House GOP
Indiana House Republicans have chosen Rep. Matt Lehman to replace former House Majority Leader Jud McMillin. Republicans announced Lehman’s election shortly after emerging from a closed-door meeting on Oct. 6. Lehman, of Berne, is an insurance agent by trade and …