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10
08, 2015
Navigators Group Settles Probe Into Iran, North Korea Sanctions Violations
Navigators Group Inc., the insurer that focuses on marine risks, agreed to settle a U.S. probe that it violated sanctions through deals tied to banned nations. Navigators will pay about $272,000 to resolve the liability for 48 suspected violations, according …
The article Navigators Group Settles Probe Into Iran, North Korea Sanctions Violations appeared first on Insurance Journal.
6
08, 2015
Uber Ready to be First App-Based Firm to Apply for Montana License
Hailing a ride through a smartphone app is closer to becoming a reality in Montana. The Public Service Commission voted unanimously this week to approve rules regarding a new class of license for firms that use apps to connect passengers with …
The article Uber Ready to be First App-Based Firm to Apply for Montana License appeared first on Insurance Journal.
12
08, 2015
Utah City’s Basements Flood After Large Reservoir Leak
Residents of Ogden, Utah have been facing flooded basements since June, but the area-irrigation water supplier may have found the problem: a leak in a nearby reservoir. The Standard-Examiner reported that the general manager of Pineview Water Systems says crews …
The article Utah City’s Basements Flood After Large Reservoir Leak appeared first on Insurance Journal.
6
08, 2015
Nevada’s Draft Rules for Ridesharing Providers Suggest $300K Fee
Before Uber, Lyft and other so-called transportation network companies can rev up to offer rides in Nevada, a state agency’s draft rules have a few more steps to navigate. The Nevada Transportation Authority this week submitted 15-pages of draft regulations …
The article Nevada’s Draft Rules for Ridesharing Providers Suggest $300K Fee appeared first on Insurance Journal.
10
08, 2015
S&P Maintains Ironshore on CreditWatch Negative Pending Fosun Approvals
Standard & Poor’s Ratings Services announced that it has extended its CreditWatch with negative implications on Ironshore Inc. and Ironshore Holdings (U.S.) Inc. for another 90 days. A.M. Best took a similar position last week. S&P said it is continuing “to …
The article S&P Maintains Ironshore on CreditWatch Negative Pending Fosun Approvals appeared first on Insurance Journal.
6
08, 2015
Hub International Acquires Colorado Nonprofit Insurance Agency
Hub International Limited has acquired Colorado Nonprofit Insurance Agency. Terms of the deal were not disclosed. CNIA is a wholly owned subsidiary of the Colorado Nonprofit Association that offers property/casualty and employee benefits solutions. It will become part of the Hub Colorado …
The article Hub International Acquires Colorado Nonprofit Insurance Agency appeared first on Insurance Journal.
14
08, 2015
Florida to Conduct Public Hearing on Citizens’ Proposed Rate Changes
The Florida Office of Insurance Regulation announced that it will conduct a public hearing later this month to discuss Citizens Property Insurance Corporation’s proposed 2016 rate changes for its business in the multi-peril and wind only Coastal Account (CA), Commercial …
The article Florida to Conduct Public Hearing on Citizens’ Proposed Rate Changes appeared first on Insurance Journal.
6
08, 2015
Olson Named Director of Marketing, Programs at CHS Insurance
Brent Olson has been named director of marketing and programs for St. Paul, Minn.-based CHS Insurance Services LLC, a national agribusiness insurance broker and full-service insurance subsidiary of CHS Inc. In this role, Olson will oversee the overall marketing of proprietary …
The article Olson Named Director of Marketing, Programs at CHS Insurance appeared first on Insurance Journal.
10
08, 2015
Below-Normal Atlantic Hurricane Season Now Even More Likely: NOAA
The U.S. Climate Prediction Center’s updated 2015 Atlantic Hurricane Season Outlook calls for a 90 percent chance of a below-normal hurricane season. A below-normal season is now even more likely than predicted in May, when the likelihood of a below-normal …
The article Below-Normal Atlantic Hurricane Season Now Even More Likely: NOAA appeared first on Insurance Journal.
6
08, 2015
Green Joins M.D. Jensvold as Senior Broker
Pat Green has joined Texas-based insurance wholesaler M.D. Jensvold as a senior broker. Green has more than 15 years of sales experience. Most recently, he was vice president/casualty broker with Oxford Insurance Services in Houston. Source: M.D. Jensv...