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17 09, 2015

Former Microsoft Executive Hartnett Named ACORD Innovation Chief

By | September 17th, 2015|Recent Articles|Comments Off on Former Microsoft Executive Hartnett Named ACORD Innovation Chief

The insurance industry’s standards organization, ACORD, announced that Bill Hartnett, former financial services and insurance head at Microsoft, has been named its head of innovation, charged with bringing new ways of thinking and doing business to the organization and the …

The article Former Microsoft Executive Hartnett Named ACORD Innovation Chief appeared first on Insurance Journal.

17 09, 2015

Martinez Joins Columbia Insurance Group in Nebraska

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Columbia Insurance Group (Columbia) welcomes Shane Martinez to its executive team as the new vice president and Omaha, Neb., branch manager. Martinez is a seasoned insurance professional with more than 20 years of personal, commercial and farm underwriting experience. Columbia …

The article Martinez Joins Columbia Insurance Group in Nebraska appeared first on Insurance Journal.

17 09, 2015

Irish Insurers Face Higher Reserves; Fairfax Financial to Invest in FBD Holdings

By | September 17th, 2015|Recent Articles|Comments Off on Irish Insurers Face Higher Reserves; Fairfax Financial to Invest in FBD Holdings

Irish insurers will have to set aside significantly more reserves to cover car-crash, workplace injuries and other claims as compensation payouts surge, according to the industry’s regulator. The nation’s central bank will tell insurers the results of a review of …

The article Irish Insurers Face Higher Reserves; Fairfax Financial to Invest in FBD Holdings appeared first on Insurance Journal.

17 09, 2015

Montana’s Wildfire Season Second-biggest So Far This decade

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Montana’s fire season began quietly but has quickly grown to the second-largest so far this decade after lightning storms last month ignited a rash of blazes that spread rapidly amid bone-dry conditions. This season is not over yet, with at …

The article Montana’s Wildfire Season Second-biggest So Far This decade appeared first on Insurance Journal.

17 09, 2015

Religious Groups Win Appeal Over Contraception Mandate

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Religious groups needn’t comply with the Affordable Care Act mandate to provide workers with health insurance that covers contraception and can’t be forced to tell the government when they don’t, a federal appeals court said. Ruling Thursday in two cases, …

The article Religious Groups Win Appeal Over Contraception Mandate appeared first on Insurance Journal.

17 09, 2015

15 Nabbed in $150M Insurance Scam That Included Unnecessary Surgery

By | September 17th, 2015|Recent Articles|Comments Off on 15 Nabbed in $150M Insurance Scam That Included Unnecessary Surgery

Unnecessary surgeries performed by untrained assistants are among the allegations in an indictment detailing a $150 million insurance scheme, among California’s biggest ever. Orthopedic surgeon and alleged ringleader Dr. Munir Uwaydah and 14 associates, including another doctor and a lawyer …

The article 15 Nabbed in $150M Insurance Scam That Included Unnecessary Surgery appeared first on Insurance Journal.

17 09, 2015

Duel Magnitude 4.0 Earthquakes in Northern Oklahoma

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The U.S. Geological Survey has recorded several earthquakes in northern Oklahoma,  including two of magnitude 4.0. No damage or injuries are reported from the Tuesday and Wednesday temblors. The USGS reports a 4.0 magnitude earthquake one mile northwest of Cushing …

The article Duel Magnitude 4.0 Earthquakes in Northern Oklahoma appeared first on Insurance Journal.

17 09, 2015

U.S. Taxes Push Insurance Start-Ups Offshore: Fishman

By | September 17th, 2015|Recent Articles|Comments Off on U.S. Taxes Push Insurance Start-Ups Offshore: Fishman

Jay Fishman, who built New York-based Travelers Cos. into one of the world’s biggest insurers, lamented that disparities in tax rates are pushing established rivals and industry newcomers outside the U.S. Over the past 15 years or so, “we’ve counted …

The article U.S. Taxes Push Insurance Start-Ups Offshore: Fishman appeared first on Insurance Journal.

17 09, 2015

Insurance Sector Struggles to Innovate: KPMG International Survey

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While insurance executives overwhelmingly know that innovation will drive future competitive advantage and growth, most seem to be struggling to kindle the spark within their organization, finds a KPMG International report released today. Based on a survey of 280 insurance …

The article Insurance Sector Struggles to Innovate: KPMG International Survey appeared first on Insurance Journal.

17 09, 2015

Lawsuit Filed Against County, Deputies in Fatal Shooting of Texas Man

By | September 17th, 2015|Recent Articles|Comments Off on Lawsuit Filed Against County, Deputies in Fatal Shooting of Texas Man

Relatives have filed a wrongful death lawsuit in the fatal shooting of a South Texas man by two deputies while both of his hands were raised. The incident was recorded on at least two videos. Gilbert Flores’ family filed the …

The article Lawsuit Filed Against County, Deputies in Fatal Shooting of Texas Man appeared first on Insurance Journal.