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1 09, 2015

South Carolina Orders Rate Revision for State Workers’ Comp Plan

By | September 1st, 2015|Recent Articles|Comments Off on South Carolina Orders Rate Revision for State Workers’ Comp Plan

South Carolina Insurance Director Raymond Farmer approved an overall revision of +1.9 percent to the state’s voluntary workers’ compensation policy loss costs and a decrease of .3 percent in the assigned risk rate level results for the state’s workers’ comp …

The article South Carolina Orders Rate Revision for State Workers’ Comp Plan appeared first on Insurance Journal.

10 09, 2015

34 Workers Killed On Job in Wyoming In 2014

By | September 10th, 2015|Recent Articles|Comments Off on 34 Workers Killed On Job in Wyoming In 2014

A higher-than-average number of workers died on the job in Wyoming last year. The Wyoming Department of Workforce Services said this week that 34 people died at work in Wyoming last year. That’s up from 26 in 2013 and close to …

The article 34 Workers Killed On Job in Wyoming In 2014 appeared first on Insurance Journal.

31 08, 2015

LP Insurance Services in Nevada Taps Cantlon for Sales Team

By | August 31st, 2015|Recent Articles|Comments Off on LP Insurance Services in Nevada Taps Cantlon for Sales Team

RENO, Nev.-based LP Insurance Services Inc. has hired Andrea Cantlon in its northern Nevada sales team. She is responsible for developing new business relationships, and retaining and servicing existing clients. Cantlon was most recently a private banker with Mutual of …

The article LP Insurance Services in Nevada Taps Cantlon for Sales Team appeared first on Insurance Journal.

8 09, 2015

Verisk Names Zurich’s Mourad as Senior VP Commercial Lines

By | September 8th, 2015|Recent Articles|Comments Off on Verisk Names Zurich’s Mourad as Senior VP Commercial Lines

Maroun Mourad, most recently with Zurich Insurance, has joined insurance information provider Verisk Insurance Solutions as senior vice president of Commercial Lines Domestic and Global, ISO Insurance Programs and Analytic Services. In his new role, Mourad will help the firm …

The article Verisk Names Zurich’s Mourad as Senior VP Commercial Lines appeared first on Insurance Journal.

1 09, 2015

Reinsurance Price Drops Moderating? Yes and No, Say Rating Agencies

By | September 1st, 2015|Recent Articles|Comments Off on Reinsurance Price Drops Moderating? Yes and No, Say Rating Agencies

Two of the property/casualty insurance industry’s ratings entities – Fitch and Standard & Poor’s – do not see eye-to-eye on whether reinsurance price declines are moderating. Fitch sees the downward trend letting up, but S&P finds that pricing pressures from …

The article Reinsurance Price Drops Moderating? Yes and No, Say Rating Agencies appeared first on Insurance Journal.

9 09, 2015

RSA’s Sale of Latin America Operations ‘Could Ease’ Zurich Takeover

By | September 9th, 2015|Recent Articles|Comments Off on RSA’s Sale of Latin America Operations ‘Could Ease’ Zurich Takeover

British insurer RSA is selling its Latin American operations to Colombia’s GrupoSura for £403 million ($617 million) in a deal that could ease RSA’s own takeover by Zurich Insurance. The sale is the latest move by Chief Executive Stephen Hester …

The article RSA’s Sale of Latin America Operations ‘Could Ease’ Zurich Takeover appeared first on Insurance Journal.

28 08, 2015

Wildfire Threatens Idaho Town, Evacuations Ordered

By | August 28th, 2015|Recent Articles|Comments Off on Wildfire Threatens Idaho Town, Evacuations Ordered

Residents in west-central Idaho near the town of Riggins were told to flee due to a wildfire that expanded to 40 square miles Thursday, an 11-square-mile jump. Fire managers say the fire made runs through the tops of trees and had …

The article Wildfire Threatens Idaho Town, Evacuations Ordered appeared first on Insurance Journal.

10 09, 2015

QBE Asia Pacific Appoints Allan as General Manager – Claims, Asia Pacific

By | September 10th, 2015|Recent Articles|Comments Off on QBE Asia Pacific Appoints Allan as General Manager – Claims, Asia Pacific

QBE Asia Pacific announced the appointment of Martin Allan to the role of general manager – Claims, Asia Pacific, with effect from September 8, 2015. In this role, Allan is responsible for managing the claims function and driving business efficiencies …

The article QBE Asia Pacific Appoints Allan as General Manager – Claims, Asia Pacific appeared first on Insurance Journal.

31 08, 2015

Business Owners Failing to Plan for Unexpected Events: Study

By | August 31st, 2015|Recent Articles|Comments Off on Business Owners Failing to Plan for Unexpected Events: Study

Many business owners think they are good decision makers but they fail to address essential long-term business planning that is critical to sustaining their businesses for the long-term. While they feel they want to protect their businesses and families, they …

The article Business Owners Failing to Plan for Unexpected Events: Study appeared first on Insurance Journal.

10 09, 2015

Hawaii Homeowners Get $27M in Development Dispute

By | September 10th, 2015|Recent Articles|Comments Off on Hawaii Homeowners Get $27M in Development Dispute

A Hawaii jury has awarded Ewa Beach homeowners about $27 million in a lawsuit against a developer trying to build a recreational lagoon instead of the marina it originally planned. The jury ruled Tuesday that Haseko must pay $1,300 for …

The article Hawaii Homeowners Get $27M in Development Dispute appeared first on Insurance Journal.