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9 07, 2015

Aon Benfield’s June Cat Report Highlights China Rains, Floods, U.S. Storms

By | July 9th, 2015|Recent Articles|Comments Off on Aon Benfield’s June Cat Report Highlights China Rains, Floods, U.S. Storms

Impact Forecasting, Aon Benfield’s catastrophe model development team, has released its latest edition of its monthly Global Catastrophe Recap report, which evaluates the impact of the natural disaster events that occurred worldwide during June 2015. The report highlights the “seasonal …

The article Aon Benfield’s June Cat Report Highlights China Rains, Floods, U.S. Storms appeared first on Insurance Journal.

9 07, 2015

Allianz Global Corporate & Specialty Appoints McNulty as Head of Claims in Canada

By | July 9th, 2015|Recent Articles|Comments Off on Allianz Global Corporate & Specialty Appoints McNulty as Head of Claims in Canada

Allianz Group’s specialist corporate insurer Allianz Global Corporate & Specialty (AGCS) announced that Bernard McNulty has been named the head of claims Canada, effective immediately. Based in Toronto, he will report directly to Ulrich Kadow, chief agent Canada, with a …

The article Allianz Global Corporate & Specialty Appoints McNulty as Head of Claims in Canada appeared first on Insurance Journal.

9 07, 2015

AXIS & PartnerRe Consider Sweetening $6.2B Merger Agreement: Sources

By | July 9th, 2015|Recent Articles|Comments Off on AXIS & PartnerRe Consider Sweetening $6.2B Merger Agreement: Sources

Reinsurers AXIS Capital Holdings Ltd and PartnerRe Ltd are considering tweaking their $6.2 billion merger agreement in a bid to fend off a $6.8 billion offer for PartnerRe by EXOR SpA, people familiar with the matter said. The move would be a response …

The article AXIS & PartnerRe Consider Sweetening $6.2B Merger Agreement: Sources appeared first on Insurance Journal.

9 07, 2015

2015 Tennessee Insurance Legislation Wrap-Up

By | July 9th, 2015|Recent Articles|Comments Off on 2015 Tennessee Insurance Legislation Wrap-Up

Below is a summary of Tennessee legislation that pertains to insurance enacted in 2015.   Uninsured Motorist, “James Lee Atwood Jr. Law” The James Lee Atwood Jr. Law, named for a driver who was killed by an uninsured motorist in …

The article 2015 Tennessee Insurance Legislation Wrap-Up appeared first on Insurance Journal.

9 07, 2015

5 Tornadoes Confirmed in Middle Tennessee

By | July 9th, 2015|Recent Articles|Comments Off on 5 Tornadoes Confirmed in Middle Tennessee

The National Weather Service says it has confirmed five tornadoes touched down in Middle Tennessee during storms July 2. The Tennessean reports two tornadoes touched down in Wilson County, two in Old Hickory and one in Mt. Juliet around 5:30 …

The article 5 Tornadoes Confirmed in Middle Tennessee appeared first on Insurance Journal.

9 07, 2015

Hub Acquires Assets of Florida-Based Cooper Simms Insurance

By | July 9th, 2015|Recent Articles|Comments Off on Hub Acquires Assets of Florida-Based Cooper Simms Insurance

Hub International Limited (Hub), a global insurance brokerage, has acquired the assets of Cooper, Simms, Nelson & Mosley (Cooper Simms), based in Winter Park, Fla. Terms of the acquisition were not disclosed. Cooper Simms is a full service firm with …

The article Hub Acquires Assets of Florida-Based Cooper Simms Insurance appeared first on Insurance Journal.

9 07, 2015

Mississippi Settles Some Tobacco Claims for $15M

By | July 9th, 2015|Recent Articles|Comments Off on Mississippi Settles Some Tobacco Claims for $15M

Mississippi’s attorney general says the nation’s largest tobacco company will pay the state $15 million to settle claims that it was underreporting the number of cigarettes it was shipping to the state. Attorney General Jim Hood announced the settlement with …

The article Mississippi Settles Some Tobacco Claims for $15M appeared first on Insurance Journal.

8 07, 2015

Maryland to Appeal FEMA Denial of Millions in Riot Disaster Aid

By | July 8th, 2015|Recent Articles|Comments Off on Maryland to Appeal FEMA Denial of Millions in Riot Disaster Aid

The state of Maryland says it will appeal the federal government’s denial of disaster aid to help the state and Baltimore city recover millions of dollars in riot-related costs. A spokesman for Republican Gov. Larry Hogan said Monday the administration …

The article Maryland to Appeal FEMA Denial of Millions in Riot Disaster Aid appeared first on Insurance Journal.

8 07, 2015

Small Number Causing California Worker’s Comp Review Backlog

By | July 8th, 2015|Recent Articles|Comments Off on Small Number Causing California Worker’s Comp Review Backlog

A small number of physicians are responsible for much of the backlog in the independent medical review of worker’s compensation cases in California, a process that could be costing payers in excess of $100 million, a report shows. The IMR process …

The article Small Number Causing California Worker’s Comp Review Backlog appeared first on Insurance Journal.

8 07, 2015

N.J. Brothers Admit Recruiting Auto Accident Victims for Chiropractic Facilities

By | July 8th, 2015|Recent Articles|Comments Off on N.J. Brothers Admit Recruiting Auto Accident Victims for Chiropractic Facilities

Two brothers in New Jersey have admitted organizing a scheme to recruit motor vehicle accident victims as patients for chiropractic facilities they controlled. State authorities say 52-year-old Anhuar Bandy and his 53-year-old brother, Karim Bandy, both of Colts Neck, New …

The article N.J. Brothers Admit Recruiting Auto Accident Victims for Chiropractic Facilities appeared first on Insurance Journal.