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07, 2015
Texas Insurance Trade Group: Beware of July 4 Driving
Traffic records dating back 30 years continually list July 4 as the deadliest day to travel on our roadways, the Insurance Council of Texas reports. With July 4 landing on a Saturday this year, the mix of summer travel, the …
The article Texas Insurance Trade Group: Beware of July 4 Driving appeared first on Insurance Journal.
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07, 2015
RIC in California Names Gans Chief Operating Officer
Santa Rosa, Calif.-based RIC Insurance General Agency Inc. has named Jeff Gans chief operating officer. Gans reports to Gary Kitchen, president and CEO. Gans joined RIC in February 2015 as vice president of business development. He was previously with Capital …
The article RIC in California Names Gans Chief Operating Officer appeared first on Insurance Journal.
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07, 2015
Alliant Insurance Services Acquires Preferred Concepts in New York
Specialty insurance brokerage Alliant Insurance Services announced today it has expanded its managing general agent (MGA) practice through the acquisition of Preferred Concepts, an insurance program underwriter and wholesale broker based in New York with additional offices in New Jersey …
The article Alliant Insurance Services Acquires Preferred Concepts in New York appeared first on Insurance Journal.
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07, 2015
NYC Legislators Seek to Put Limits on Rideshare Vehicles During Study
Staff and drivers for ride-hailing company Uber gathered outside City Hall on Tuesday, June 30, to protest legislation that would put limits on for-hire vehicles while the city conducts a study on whether the sharp growth of the industry has …
The article NYC Legislators Seek to Put Limits on Rideshare Vehicles During Study appeared first on Insurance Journal.
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07, 2015
Vermont Issues Bulletin on Price Optimization in Personal Lines Ratemaking
Vermont regulators issued a bulletin last week addressing the issue of “price optimization” in personal lines ratemaking. The Vermont Department of Financial Regulation (DFR) noted in the bulletin that some property/casualty insurers have been relying upon the practice of price …
The article Vermont Issues Bulletin on Price Optimization in Personal Lines Ratemaking appeared first on Insurance Journal.
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07, 2015
Wyoming Governor Creates Panel to Assess Marijuana
Wyoming Gov. Matt Mead is creating a council to gauge the effects of marijuana usage in the state ahead of a push for a legalization initiative that could put the issue before voters next year. Mead announced Tuesday he’s putting …
The article Wyoming Governor Creates Panel to Assess Marijuana appeared first on Insurance Journal.
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07, 2015
Bill in California Responds to Cheerleader Lawsuits
They boost their teams from the sidelines and promote them by appearing in calendars and at fan events, but some sports cheerleaders say they are still not considered team employees and are paid what amounts to less than minimum wage. …
The article Bill in California Responds to Cheerleader Lawsuits appeared first on Insurance Journal.
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07, 2015
Announcement Expected on BP Spill Claims Deal with 4 States, U.S.
BP Plc reached an agreement with states and the U.S. in the 2010 Gulf of Mexico oil spill case, according to a person with knowledge of the matter. The terms of the agreement aren’t yet available, the person said. A …
The article Announcement Expected on BP Spill Claims Deal with 4 States, U.S. appeared first on Insurance Journal.
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07, 2015
Cummins Named Exec. Director of IICF – Midwest Division
Mary Cummins has been tapped to lead the Insurance Industry Charitable Foundation – Midwest Division. Cummins will serve as the group’s new executive director and will be instrumental in charting and implementing the future growth of the Midwest Division and the …
The article Cummins Named Exec. Director of IICF – Midwest Division appeared first on Insurance Journal.
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07, 2015
Willis 1st View Reinsurance Report on Pricing Finds some Stabilization
According to the latest 1st View Renewals Report from Willis Re, the relentless “period of rate reductions” in reinsurance pricing shows signs of softening with “early signs” of price stabilization ”beginning to emerge in peak property catastrophe zones.” The report …
The article Willis 1st View Reinsurance Report on Pricing Finds some Stabilization appeared first on Insurance Journal.