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30 06, 2015

Two Uber Executives Detained by French Police Pending Investigation

By | June 30th, 2015|Recent Articles|Comments Off on Two Uber Executives Detained by French Police Pending Investigation

French police have detained two executives from Uber for questioning as a government clampdown intensifies on the U.S.-based taxi and ride-sharing service. Thibaud Simphal, manager of Uber France, and Pierre-Dimitri Gore-Coty, general manager for western Europe, were detained as part …

The article Two Uber Executives Detained by French Police Pending Investigation appeared first on Insurance Journal.

30 06, 2015

Giordano Joins The McGowan Companies as Executive VP

By | June 30th, 2015|Recent Articles|Comments Off on Giordano Joins The McGowan Companies as Executive VP

Don Giordano has joined Ohio-based The McGowan Companies (TMC) as an executive vice president. Giordano will be working with McGowan’s carrier and distribution partners to create additional excess casualty products and services, which will complement TMC’s industry leading excess casualty …

The article Giordano Joins The McGowan Companies as Executive VP appeared first on Insurance Journal.

30 06, 2015

Disney Bans Selfie Sticks, Cites Safety Concerns

By | June 30th, 2015|Recent Articles|Comments Off on Disney Bans Selfie Sticks, Cites Safety Concerns

Don’t bring your selfie stick to Disney World. Officials announced Friday that a ban takes effect today at all four Disney theme parks in Orlando as well as at Disney’s water parks and Disney Quest, a gaming attraction at Downtown …

The article Disney Bans Selfie Sticks, Cites Safety Concerns appeared first on Insurance Journal.

30 06, 2015

Florida PIP Clinic Owner Charged with More Than $100K in Insurance Fraud

By | June 30th, 2015|Recent Articles|Comments Off on Florida PIP Clinic Owner Charged with More Than $100K in Insurance Fraud

The Florida Division of Insurance Fraud announced the arrest of Dr. Troy Godsey and Renata Berriel Deazevedo for their roles in a scheme to defraud multiple insurance companies of more than $100,000. Troy Godsey, a licensed chiropractor, established Spine Health …

The article Florida PIP Clinic Owner Charged with More Than $100K in Insurance Fraud appeared first on Insurance Journal.

30 06, 2015

Study: North Carolina’s Outer Banks Risk Losing $2B to Rising Seas

By | June 30th, 2015|Recent Articles|Comments Off on Study: North Carolina’s Outer Banks Risk Losing $2B to Rising Seas

With scientists expecting the seas to rise about 3 feet over the next 100 to 150 years, a new study from the National Park Service says the two national seashores on North Carolina’s Outer Banks risk losing buildings and other …

The article Study: North Carolina’s Outer Banks Risk Losing $2B to Rising Seas appeared first on Insurance Journal.

30 06, 2015

Judge Won’t Recuse Prosecutors on West Virginia Chemical Spill Trial

By | June 30th, 2015|Recent Articles|Comments Off on Judge Won’t Recuse Prosecutors on West Virginia Chemical Spill Trial

A judge will let federal prosecutors keep working on a criminal case over a chemical spill last year in West Virginia, shooting down arguments that prosecutors should be recused from the case because they were among the 300,000 people without …

The article Judge Won’t Recuse Prosecutors on West Virginia Chemical Spill Trial appeared first on Insurance Journal.

29 06, 2015

Texas Court Denies Insurer’s Reinsurance Tax Break Argument

By | June 29th, 2015|Recent Articles|Comments Off on Texas Court Denies Insurer’s Reinsurance Tax Break Argument

A Texas appeals court has ruled that an insurer can’t recoup premium taxes reluctantly paid on reinsurance agreements with two public employee self-insured risk pools on the grounds that the risk pools aren’t insurers. In a case appealed from a …

The article Texas Court Denies Insurer’s Reinsurance Tax Break Argument appeared first on Insurance Journal.

29 06, 2015

SpaceX Cargo Loss is Government’s, but Rocket Costs and Backlog Uncertain

By | June 29th, 2015|Recent Articles|Comments Off on SpaceX Cargo Loss is Government’s, but Rocket Costs and Backlog Uncertain

SpaceX’s Falcon 9 rocket en route to the International Space Station erupted in flames on Sunday moments after its launch, delivering a potential business interruption blow to the so-far highly successful private space company. The craft was about 21 miles …

The article SpaceX Cargo Loss is Government’s, but Rocket Costs and Backlog Uncertain appeared first on Insurance Journal.

29 06, 2015

Fosun’s Acquisition of Meadowbrook’s California Subsidiaries OK’d

By | June 29th, 2015|Recent Articles|Comments Off on Fosun’s Acquisition of Meadowbrook’s California Subsidiaries OK’d

The California Department of Insurance has approved Fosun International Ltd.’s acquisition of control of Meadowbrook Insurance Group Inc.’s subsidiaries commercially domiciled in of California. The subsidiaries include Star Insurance Co., ProCentury Insurance Co. and Williamsburg National Insurance Co. The closing of …

The article Fosun’s Acquisition of Meadowbrook’s California Subsidiaries OK’d appeared first on Insurance Journal.

29 06, 2015

Former Arizona Congressman Renzi Rejected by High Court on Conviction

By | June 29th, 2015|Recent Articles|Comments Off on Former Arizona Congressman Renzi Rejected by High Court on Conviction

The U.S. Supreme Court rejected an appeal from former Representative Rick Renzi of Arizona, leaving intact his conviction for public corruption, insurance fraud and racketeering. Renzi, a Republican, argued unsuccessfully that his prosecution violated the Constitution’s speech-or-debate clause, which limits …

The article Former Arizona Congressman Renzi Rejected by High Court on Conviction appeared first on Insurance Journal.