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China’s Ping An Eyes Overseas Acquisitions, Including Post-Brexit UK
Ping An Insurance Group Co. of China Ltd, the country’s second-largest insurer, is aiming for a possible fivefold increase in overseas investments and has not been put off Britain by its vote to leave the European Union, its group chief …
LP Insurance in Nevada Names Perchetti, Vice President and Shareholder
Reno, Nev.-based LP Insurance Services Inc. has named Tina Perchetti vice president and shareholder. Perchetti provides clients in northeastern Nevada with commercial insurance products and risk management services. She worked in financial services before insurance. LP Insurance is a risk …
Illinois Treasurer Looking into How Life Insurance Companies Avoid Payouts
Illinois Treasurer Michael Frerichs is launching a series of public hearings to explore how life insurance companies avoid paying death benefits. The first hearing is set for this morning in the city council chambers in Normal. The state treasurer’s office said …
Dakota Access Pipeline Owners Sue Protesters
Developers of a $3.8 billion, four-state oil pipeline sued in federal court on Aug. 15 to stop protesters near an American Indian reservation in North Dakota from interfering with the project, alleging the safety of workers and law enforcement is …
Collapsing Hill Has Some Homeowners in North Dakota Worried
Some homeowners in a Bismarck neighborhood are questioning the long-term safety of their houses after some backyards dropped as much as 7 feet in June. Jim Hopfauf is one of the homeowners affected by the collapsing hill where houses are …
Omaha Answers Pothole Complaints with New Dirt Roads
For miles and miles Omaha stretches on, one tidy, suburban-style neighborhood after another filled with modern low-slung houses set on spacious lawns with towering oaks and elms. It’s a model of comfortable mid-American living, with one unusual exception: thanks to …
As Louisiana Surveys Flood Damage, Death Toll Rises
As waters receded in parts of Louisiana’s capital city of Baton Rouge, some residents returned to their flood-damaged homes on Aug. 16 for the first time and found a soggy mess. David Key used a small boat to get to …
Oklahoma Geological Survey Studying Injection Well/Earthquake Connection
The Oklahoma Geological Survey is studying the relationship between seismic activity and wastewater injection wells with a survey in the Arbuckle formation. Sensors will be placed into several injection wells in the Arbuckle group to take various measurements. The Enid …
Officials Say Texas’ Closed Formulary Is Lowering Workers’ Comp Costs
A recent analysis by researchers at the Texas Department of Insurance shows that the Texas pharmacy closed formulary is lowering costs and reducing the use of opioids in the workers’ compensation system, the department announced. “Other states are interested in …
Endurance Global Risk Solutions Launches Environmental Liability Products
Endurance Specialty Holdings Ltd. has launched a new series of environmental liability insurance products, offering both primary and excess coverage for single sites or property portfolios. Endurance’s new products include a site environmental impairment liability product, which provides eight different …