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9 09, 2015

TDI Posts Summary of Bills Affecting Property/Casualty Insurers

By | September 9th, 2015|Recent Articles|Comments Off on TDI Posts Summary of Bills Affecting Property/Casualty Insurers

The Texas Department of Insurance has produced a summary of various bills passed by the Texas Legislature this year that impact property/casualty insurance companies. Many but not all of the following were effective Sept. 1: House Bills HB 1733   Auto Liability …

The article TDI Posts Summary of Bills Affecting Property/Casualty Insurers appeared first on Insurance Journal.

31 08, 2015

Trinity Says Virginia Orders More Tests for Highway Guardrails

By | August 31st, 2015|Recent Articles|Comments Off on Trinity Says Virginia Orders More Tests for Highway Guardrails

Trinity Industries Inc.’s guardrail system will undergo additional crash testing by Virginia, raising new questions about a device on roadways across the country. Some of Virginia’s six proposed tests on the ET-Plus, scheduled to begin in mid-September, will be different …

The article Trinity Says Virginia Orders More Tests for Highway Guardrails appeared first on Insurance Journal.

1 09, 2015

California Man Hurt in Trolley Station Fall Gets $21.5M Insurance Settlement

By | September 1st, 2015|Recent Articles|Comments Off on California Man Hurt in Trolley Station Fall Gets $21.5M Insurance Settlement

An Imperial Beach, Calif. man who was injured when he tripped and fell on trolley tracks is receiving a $21.5 million insurance settlement. The San Diego Union-Tribune reported that 57-year-old David Long was injured in May 2013 when he stepped …

The article California Man Hurt in Trolley Station Fall Gets $21.5M Insurance Settlement appeared first on Insurance Journal.

9 09, 2015

Nationwide Insurance to Raise Its Minimum Wage to $15

By | September 9th, 2015|Recent Articles|Comments Off on Nationwide Insurance to Raise Its Minimum Wage to $15

Columbus, Ohio-based  Nationwide Insurance said it will raise its minimum pay rate to $15 per hour over the next nine months. The change affects approximately 900 current employees across 25 locations for jobs in call centers, field and staff office …

The article Nationwide Insurance to Raise Its Minimum Wage to $15 appeared first on Insurance Journal.

10 09, 2015

Conn. Troopers Issued 1,930 Speeding Tickets During Labor Day Weekend

By | September 10th, 2015|Recent Articles|Comments Off on Conn. Troopers Issued 1,930 Speeding Tickets During Labor Day Weekend

The Connecticut troopers have issued 1,930 speeding tickets during the 2015 Labor Day weekend, the Connecticut State Police announced. The troopers patrolled the highways and roads in Connecticut over the Labor Day weekend. During this enforcement operation, troopers utilized both …

The article Conn. Troopers Issued 1,930 Speeding Tickets During Labor Day Weekend appeared first on Insurance Journal.

1 09, 2015

El Nino in Pacific Strongest Since Record Event in 1997-1998

By | September 1st, 2015|Recent Articles|Comments Off on El Nino in Pacific Strongest Since Record Event in 1997-1998

The El Nino that’s changing weather across the globe is now the strongest since the record event almost two decades ago. Sea temperature anomalies in the central Pacific Ocean are now at their highest since 1997–98, Australia’s Bureau of Meteorology said in …

The article El Nino in Pacific Strongest Since Record Event in 1997-1998 appeared first on Insurance Journal.

1 09, 2015

Arthur J. Gallagher Acquires Missouri Program Administrator

By | September 1st, 2015|Recent Articles|Comments Off on Arthur J. Gallagher Acquires Missouri Program Administrator

International insurance brokerage and risk management services firm, Arthur J. Gallagher & Co., has acquired program administrator, National Administration Co., based in Chesterfield, Mo. Terms of the transaction were not disclosed. Founded in 1987, National Administration Co. (NAC) is a national …

The article Arthur J. Gallagher Acquires Missouri Program Administrator appeared first on Insurance Journal.

10 09, 2015

Asta Managing Agency Launches Everest Syndicate 2786

By | September 10th, 2015|Recent Articles|Comments Off on Asta Managing Agency Launches Everest Syndicate 2786

Asta Managing Agency Ltd. and Everest Re Group Ltd. announced the Lloyd’s Franchise Board has granted “in principle” approval to establish and manage a new dedicated corporate syndicate backed by Everest Re, with initial gross premium of £102 million ($151 …

The article Asta Managing Agency Launches Everest Syndicate 2786 appeared first on Insurance Journal.

11 09, 2015

Woodford Investment Mgmt Cashes in Amlin Stake After Record Takeover Offer

By | September 11th, 2015|Recent Articles|Comments Off on Woodford Investment Mgmt Cashes in Amlin Stake After Record Takeover Offer

Neil Woodford cashed in his entire 107.5 million-pound ($166 million) stake in Amlin Plc after Tuesday’s takeover offer by a Japanese competitor sent the Lloyd’s of London insurer’s shares to a record high. The fund manager sold 16.4 million Amlin …

The article Woodford Investment Mgmt Cashes in Amlin Stake After Record Takeover Offer appeared first on Insurance Journal.

28 08, 2015

Washington Judge Sets Limits in Civil Case over Deadly Oso Mudslide

By | August 28th, 2015|Recent Articles|Comments Off on Washington Judge Sets Limits in Civil Case over Deadly Oso Mudslide

A King County Superior Court judge is considering which claims can be brought in a civil trial that will explore whether anyone should be held responsible for the deadly Oso, Wash. mudslide. The Daily Herald reported that Judge Roger Rogoff …

The article Washington Judge Sets Limits in Civil Case over Deadly Oso Mudslide appeared first on Insurance Journal.