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31 08, 2015

Washington Suit Says Staff Ignored Man Choking on Orange Piece

By | August 31st, 2015|Recent Articles|Comments Off on Washington Suit Says Staff Ignored Man Choking on Orange Piece

Robert Kincaid, a patient suffering from schizophrenia, was lying on the floor in a dayroom at Western State Hospital in Washington, choking on a piece of orange for almost eight minutes before staff members stopped to help him, according to …

The article Washington Suit Says Staff Ignored Man Choking on Orange Piece appeared first on Insurance Journal.

8 09, 2015

Court OKs One BP Shareholder Class Action But Denies Another

By | September 8th, 2015|Recent Articles|Comments Off on Court OKs One BP Shareholder Class Action But Denies Another

A U.S. appeals court said BP Plc, which in July reached a $18.7 billion settlement of federal, state and local claims over the 2010 Gulf of Mexico oil spill, must face one of two proposed class-action lawsuits claiming that the …

The article Court OKs One BP Shareholder Class Action But Denies Another appeared first on Insurance Journal.

28 08, 2015

Kentucky Supreme Court Reinstates Jury Award to Former Track Coach

By | August 28th, 2015|Recent Articles|Comments Off on Kentucky Supreme Court Reinstates Jury Award to Former Track Coach

The Kentucky Supreme Court has reinstated a jury’s $300,000 award to a former Louisville, Ky., assistant track coach who claimed she was fired for filing a sexual harassment complaint. The Supreme Court said on August 20 that Mary Banker is …

The article Kentucky Supreme Court Reinstates Jury Award to Former Track Coach appeared first on Insurance Journal.

9 09, 2015

Hub Acquires Assets of Brown Agency in Alaska

By | September 9th, 2015|Recent Articles|Comments Off on Hub Acquires Assets of Brown Agency in Alaska

Hub International Ltd. announced today that it has acquired the assets of Brown Agency Inc. in Kenai, Alaska. Terms of the deal were not disclosed. Brown is a multi-line agency providing commercial and personal insurance services, as well as employee …

The article Hub Acquires Assets of Brown Agency in Alaska appeared first on Insurance Journal.

1 09, 2015

P/C Insurance Industry’s Low Unemployment Rate Likely to Go Lower

By | September 1st, 2015|Recent Articles|Comments Off on P/C Insurance Industry’s Low Unemployment Rate Likely to Go Lower

The insurance sector has been hiring all year and appears on track to continue to add personnel. The Bureau of Labor Statistics reported that the unemployment rate for the finance and insurance industry was at 2.1 percent in July, down …

The article P/C Insurance Industry’s Low Unemployment Rate Likely to Go Lower appeared first on Insurance Journal.

10 09, 2015

Insurance Costs to Decrease in Mississippi County After Fire Ratings Lowered

By | September 10th, 2015|Recent Articles|Comments Off on Insurance Costs to Decrease in Mississippi County After Fire Ratings Lowered

The Mississippi Rating Bureau has lowered the fire ratings in two areas of West Jackson County, Miss., a move that can lower fire insurance costs for homeowners and businesses. The Sun Herald reports the Mississippi State Rating Bureau lowered the …

The article Insurance Costs to Decrease in Mississippi County After Fire Ratings Lowered appeared first on Insurance Journal.

30 08, 2015

300K Massachusetts Resident to See Their Health Insurance Rates Jump 6%

By | August 30th, 2015|Recent Articles|Comments Off on 300K Massachusetts Resident to See Their Health Insurance Rates Jump 6%

About 300,000 Massachusetts residents who buy their own health insurance or work for small businesses are about to see their premiums jump more than 6 percent on average. The increase approved by the state Division of Insurance that takes effect …

The article 300K Massachusetts Resident to See Their Health Insurance Rates Jump 6% appeared first on Insurance Journal.

8 09, 2015

Flood Zone Expansion Could Raise Insurance Costs for Some Coloradans

By | September 8th, 2015|Recent Articles|Comments Off on Flood Zone Expansion Could Raise Insurance Costs for Some Coloradans

New research shows floods like the one that ransacked northern Colorado two years ago, killing 10 people, might be more common than previously thought _ and that could require more homeowners to get flood insurance and trigger more stringent construction …

The article Flood Zone Expansion Could Raise Insurance Costs for Some Coloradans appeared first on Insurance Journal.

31 08, 2015

Tissot Named SCOR Group COO

By | August 31st, 2015|Recent Articles|Comments Off on Tissot Named SCOR Group COO

French reinsurer SCOR Group has appointed Nicolas Tissot as the Group’s Chief Operating Officer (COO), effective as of today, August 31. He reports to Chairman and CEO Denis Kessler, and joins the SCOR Group Executive Committee. The announcement explained that the …

The article Tissot Named SCOR Group COO appeared first on Insurance Journal.

8 09, 2015

ACE Reveals New Chubb Field Management Team, 8 Regional Executives

By | September 8th, 2015|Recent Articles|Comments Off on ACE Reveals New Chubb Field Management Team, 8 Regional Executives

ACE Limited announced the leadership team it intends to appoint for the company’s North America field organization that will take over upon completion of the acquisition of Chubb, which ACE said is expected in the first quarter of 2016. The …

The article ACE Reveals New Chubb Field Management Team, 8 Regional Executives appeared first on Insurance Journal.