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14 08, 2015

European Captives More Focused on Risk Mgmt., Investments: A.M. Best

By | August 14th, 2015|Recent Articles|Comments Off on European Captives More Focused on Risk Mgmt., Investments: A.M. Best

A.M. Best has released a new study -“European Captives Increase Focus on Risk Management and Investments Ahead of Solvency II -” which concludes that “many European captives have embraced Solvency II’s increased regulatory requirements as an opportunity to focus more …

The article European Captives More Focused on Risk Mgmt., Investments: A.M. Best appeared first on Insurance Journal.

19 08, 2015

Study: In 1st Year, 2 Florida Laws Reduced Amount of Opioids Prescribed

By | August 19th, 2015|Recent Articles|Comments Off on Study: In 1st Year, 2 Florida Laws Reduced Amount of Opioids Prescribed

Two Florida laws, enacted to fight prescription drug abuse and misuse in that state, led to a small but significant decrease in the amount of opioids prescribed the first year the laws were in place, a new study suggests. According …

The article Study: In 1st Year, 2 Florida Laws Reduced Amount of Opioids Prescribed appeared first on Insurance Journal.

19 08, 2015

Everest Re Names Germano, Morelli to U.S. Specialty Casualty Posts

By | August 19th, 2015|Recent Articles|Comments Off on Everest Re Names Germano, Morelli to U.S. Specialty Casualty Posts

Everest Re Group, Ltd. announced two leadership appointments to its U.S. Insurance Specialty Casualty Operation. Connie Germano has been appointed leader of the U.S. Specialty Casualty Operation, responsible for the continued build out of Everest National’s primary casualty, umbrella /excess, …

The article Everest Re Names Germano, Morelli to U.S. Specialty Casualty Posts appeared first on Insurance Journal.

19 08, 2015

Port of Tianjin Blast Highlights Growth of Accumulation Risks: IUMI

By | August 19th, 2015|Recent Articles|Comments Off on Port of Tianjin Blast Highlights Growth of Accumulation Risks: IUMI

The explosions that recently devastated the Port of Tianjin highlight the danger of accumulation risks – when a single event causes an exceptionally large group of related losses, said the International Union of Marine Insurance (IUMI). IUMI President Dieter Berg …

The article Port of Tianjin Blast Highlights Growth of Accumulation Risks: IUMI appeared first on Insurance Journal.

14 08, 2015

DMV Agrees to California Brokers Group’s Revisions

By | August 14th, 2015|Recent Articles|Comments Off on DMV Agrees to California Brokers Group’s Revisions

The California Department of Motor Vehicles has agreed to make major revisions proposed by the Independent Agents & Brokers of California to its commercial requester agreement that will permit agents and brokers to provide motor vehicle records to insurers and …

The article DMV Agrees to California Brokers Group’s Revisions appeared first on Insurance Journal.

19 08, 2015

California Regulators Consider Investigation of PG&E Safety Culture

By | August 19th, 2015|Recent Articles|Comments Off on California Regulators Consider Investigation of PG&E Safety Culture

California utility regulators are considering an investigation into the safety culture and governance of PG&E Corp., citing persistent lapses in company oversight. If approved, the California Public Utilities Commission would investigate the “organizational culture, governance and operations” at PG&E to …

The article California Regulators Consider Investigation of PG&E Safety Culture appeared first on Insurance Journal.

19 08, 2015

Serving Cart at Heart of Hawaii Couple’s Suit against United Airlines

By | August 19th, 2015|Recent Articles|Comments Off on Serving Cart at Heart of Hawaii Couple’s Suit against United Airlines

A Hawaii couple is suing United Airlines, claiming a fallen serving cart caused $75,000 in damages. Peter and Misty Tampon filed a federal lawsuit last week against the airline, according to KHON-TV. The pair claims that during an August 2013 flight …

The article Serving Cart at Heart of Hawaii Couple’s Suit against United Airlines appeared first on Insurance Journal.

19 08, 2015

Port of Tianjin Blast Highlights Growth of Accumulation Risks: IUMI

By | August 19th, 2015|Recent Articles|Comments Off on Port of Tianjin Blast Highlights Growth of Accumulation Risks: IUMI

The explosions that recently devastated the Port of Tianjin highlight the danger of accumulation risks – when a single event causes an exceptionally large group of related losses, said the International Union of Marine Insurance (IUMI). IUMI President Dieter Berg …

The article Port of Tianjin Blast Highlights Growth of Accumulation Risks: IUMI appeared first on Insurance Journal.

14 08, 2015

Utah Court Tosses $3M Verdict in Prescription Drug Overdose Suit

By | August 14th, 2015|Recent Articles|Comments Off on Utah Court Tosses $3M Verdict in Prescription Drug Overdose Suit

The Utah Supreme Court has overturned a $3 million verdict in a wrongful death suit against a doctor accused of prescribing a lethal amount of prescription drugs. The Salt Lake Tribune reported that the high court ruled this week the jury …

The article Utah Court Tosses $3M Verdict in Prescription Drug Overdose Suit appeared first on Insurance Journal.

19 08, 2015

Montana Medical Marijuana Industry Grows Despite Restrictions

By | August 19th, 2015|Recent Articles|Comments Off on Montana Medical Marijuana Industry Grows Despite Restrictions

Montana’s medical marijuana industry is growing despite an ongoing legal battle over a regulatory law. The Missoulian reported Senate Bill 432 was passed in 2011 in response to so-called cannabis caravans that traveled the state with a doctor who met …

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