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13 07, 2015

Exposing Insurance Frauds Saves UK Customers $5.588 Million a Day: ABI Study

By | July 13th, 2015|Recent Articles|Comments Off on Exposing Insurance Frauds Saves UK Customers $5.588 Million a Day: ABI Study

The Association of British Insurers (ABI) has published figures showing that £3.6 million [$5.588 Million] a day is being “saved by exposing insurance cheats.” It is only one of the “factors helping to keep the cost of insurance down for …

The article Exposing Insurance Frauds Saves UK Customers $5.588 Million a Day: ABI Study appeared first on Insurance Journal.

9 07, 2015

Nautilus Expands Contractors Program, Reduces Rates

By | July 9th, 2015|Recent Articles|Comments Off on Nautilus Expands Contractors Program, Reduces Rates

Nautilus Insurance, a W. R. Berkley Co., has enhanced its general liability product offering for contractors, while also expanding product availability to all states except Colorado and New York. Nautilus Insurance writes on behalf of Nautilus Insurance Co. and Great …

The article Nautilus Expands Contractors Program, Reduces Rates appeared first on Insurance Journal.

10 07, 2015

Bankruptcy Judge Approves $2.5M Cleanup Deal in West Virginia Spill Case

By | July 10th, 2015|Recent Articles|Comments Off on Bankruptcy Judge Approves $2.5M Cleanup Deal in West Virginia Spill Case

A bankruptcy judge has approved a $2.5 million deal involving the cleanup of a massive 2014 chemical spill in West Virginia. The order July 8 by U.S. Bankruptcy Judge Ronald Pearson says the agreement is in the best interests of …

The article Bankruptcy Judge Approves $2.5M Cleanup Deal in West Virginia Spill Case appeared first on Insurance Journal.

10 07, 2015

Law Firms Face Large Malpractice Claims as Risks Grow: Study

By | July 10th, 2015|Recent Articles|Comments Off on Law Firms Face Large Malpractice Claims as Risks Grow: Study

As law firms adjust to the realities of the current business environment, they continue to fall victim to malpractice claims, which can be costly to defend and may result in enduring reputational damage. A new study by insurance broker Ames …

The article Law Firms Face Large Malpractice Claims as Risks Grow: Study appeared first on Insurance Journal.

13 07, 2015

South Carolina High Court Further Reduces Penalty on Janssen Pharmaceuticals

By | July 13th, 2015|Recent Articles|Comments Off on South Carolina High Court Further Reduces Penalty on Janssen Pharmaceuticals

South Carolina’s highest court further reduced the penalty against a Johnson & Johnson subsidiary accused of deceptive marketing of an anti-psychotic drug. The decision was to substitute the same verdict the court reached in February in order to correct a …

The article South Carolina High Court Further Reduces Penalty on Janssen Pharmaceuticals appeared first on Insurance Journal.

9 07, 2015

Keystone Adds 3 Missouri Agencies to Network

By | July 9th, 2015|Recent Articles|Comments Off on Keystone Adds 3 Missouri Agencies to Network

Keystone Insurers Group added three new partners in Missouri. The partners are: Jerome L. Howe Inc. of St. Louis; Schroepfer Bauer Insurance Agency of Union; and Custom Insurance Services Inc. of Crystal City. Jerome L. Howe offers insurance and benefits …

The article Keystone Adds 3 Missouri Agencies to Network appeared first on Insurance Journal.

10 07, 2015

Insurance Managers Association of Cayman Appoints Deputy Head of Insurance

By | July 10th, 2015|Recent Articles|Comments Off on Insurance Managers Association of Cayman Appoints Deputy Head of Insurance

The Insurance Managers Association of Cayman (IMAC) has appointed Razaak “Raz” Busari as deputy head of the Insurance Supervision Division. Busari officially started in his post June 22, 2015, bringing with him more than 15 years of experience and expertise …

The article Insurance Managers Association of Cayman Appoints Deputy Head of Insurance appeared first on Insurance Journal.

10 07, 2015

Ohio Workers’ Comp Bureau Begins Overcharge Repayments

By | July 10th, 2015|Recent Articles|Comments Off on Ohio Workers’ Comp Bureau Begins Overcharge Repayments

The Ohio Bureau of Workers’ Compensation has paid hundreds of millions to state employers overcharged for insurance premiums and has dropped its appeal of a decision that led to the payments. The Ohio Supreme Court granted bureau administrator Steve Buehrer’s …

The article Ohio Workers’ Comp Bureau Begins Overcharge Repayments appeared first on Insurance Journal.

13 07, 2015

Blue Bell to Test New Quality-Control, Safety Procedures at Alabama Plant

By | July 13th, 2015|Recent Articles|Comments Off on Blue Bell to Test New Quality-Control, Safety Procedures at Alabama Plant

  Blue Bell Creameries said July 8 that it plans to test production runs at its Alabama plant as the company inches toward putting its ice cream back on grocery store shelves. Blue Bell notified Alabama health officials and the …

The article Blue Bell to Test New Quality-Control, Safety Procedures at Alabama Plant appeared first on Insurance Journal.

9 07, 2015

N.Y. Court: Insurer’s $5M Flood Sub-Limit Applies to Delay-in-Completion Loss

By | July 9th, 2015|Recent Articles|Comments Off on N.Y. Court: Insurer’s $5M Flood Sub-Limit Applies to Delay-in-Completion Loss

The New York Supreme Court’s Appellate Division affirmed that a $5 million flood sub-limit in a builders risk policy that Zurich American Insurance issued to a New York property developer applies to the delay-in-completion losses by the flood peril after …

The article N.Y. Court: Insurer’s $5M Flood Sub-Limit Applies to Delay-in-Completion Loss appeared first on Insurance Journal.