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27
08, 2015
China Detains Senior Officials, Port Executives After Deadly Explosions in Tianjin
China’s top prosecutor is holding 10 officials and port executives as well as a senior Transport Ministry official under criminal detention for alleged neglect of duty and abuse of power in the Tianjin warehouse explosions that killed at least 139 people, the …
The article China Detains Senior Officials, Port Executives After Deadly Explosions in Tianjin appeared first on Insurance Journal.
26
08, 2015
Citizens: Water Losses the Reason for Rate Increases in South Florida
In a nearly three-hour rate hearing on August 25, representatives from Florida’s Citizens Property Insurance Corp. delved into and defended their recent rate filing, which included significant increases in many Florida regions, before the Florida Office of Insurance Regulation (FLOIR). …
The article Citizens: Water Losses the Reason for Rate Increases in South Florida appeared first on Insurance Journal.
27
08, 2015
Unmanned Work Zone Trucks Promise Road Safety, Savings
Roving construction crews — the kind you see blacktopping a road, painting lines, inspecting a bridge or installing a traffic signal — are often protected from oncoming traffic by a specialized truck outfitted with a crash barrier. The crash trucks, …
The article Unmanned Work Zone Trucks Promise Road Safety, Savings appeared first on Insurance Journal.
25
08, 2015
Zurich Insurance Offers $8.8 Billion to Acquire UK’s RSA
Zurich Insurance Group AG, Switzerland’s largest insurer, proposed to buy the UK’s RSA Insurance Group plc for about 5.6 billion pounds ($8.8 billion). RSA is willing to recommend the possible offer of 550 pence a share to its shareholders provided satisfactory terms are met, …
The article Zurich Insurance Offers $8.8 Billion to Acquire UK’s RSA appeared first on Insurance Journal.
25
08, 2015
Former Employee Sues Private Hawaiian School over Termination
A former Kamehameha Schools Hawaii employee, who was fired last year in connection to alleged misuse of a purchasing card, has filed a lawsuit against the private school, claiming she was wrongfully terminated. The lawsuit, filed July 29, on behalf …
The article Former Employee Sues Private Hawaiian School over Termination appeared first on Insurance Journal.
26
08, 2015
South Carolina DUI Campaign Going Through Labor Day
With the summer travel season winding down and with traffic deaths up across the state, South Carolina law enforcement agencies are gearing up their efforts to keep drunk drivers off the road. The Department of Public Safety says stepped-up enforcement …
The article South Carolina DUI Campaign Going Through Labor Day appeared first on Insurance Journal.
26
08, 2015
Insurers Paid $12.9M in Claims Stemming From Baltimore Riot
The Maryland Insurance Administration says insurance companies have paid $12.9 million in claims stemming from civil unrest in Baltimore linked to the death in April of Freddie Gray. The agency said Tuesday that the payments include $11.6 million for commercial …
The article Insurers Paid $12.9M in Claims Stemming From Baltimore Riot appeared first on Insurance Journal.
25
08, 2015
Vienna Insurance Q2 Profit Drops 8.6% on Low Interest Rates in Region
Vienna Insurance Group AG, eastern Europe’s biggest insurer, said profit in the second quarter declined 8.6 percent as low interest rates in the region pushed down returns on its investments. Net income in the three months to June dropped to 93.7 million …
The article Vienna Insurance Q2 Profit Drops 8.6% on Low Interest Rates in Region appeared first on Insurance Journal.
27
08, 2015
Generali Signs Global Deal to Target High-Growth Markets via Smartphones
The Generali Group has signed a global deal with Obi Worldphones™, aiming to target, via smartphones, 20 high-growth markets with a prospective customer base of more than 10 million people. “This breakthrough deal with Obi Worldphones will allow Generali to …
The article Generali Signs Global Deal to Target High-Growth Markets via Smartphones appeared first on Insurance Journal.
26
08, 2015
$198M in Property at High Risk from Chelan Wildfire in Washington
The massive Chelan wildfire in Washington poses a significant risk to roughly 634 homes with a total reconstruction cost of more than $198 million, an analysis of the ongoing fire issued Wednesday shows. The analysis by property information and data …
The article $198M in Property at High Risk from Chelan Wildfire in Washington appeared first on Insurance Journal.