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11 06, 2015

El Nino Now 85% Likely to Last Through Winter: U.S. Climate Forecasters

By | June 11th, 2015|Recent Articles|Comments Off on El Nino Now 85% Likely to Last Through Winter: U.S. Climate Forecasters

The odds that a weather-changing El Nino will last until the Northern Hemisphere’s next winter are increasing, though it’s too early to say if it will provide drought relief across California, the U.S. Climate Prediction Center said. There is an …

The article El Nino Now 85% Likely to Last Through Winter: U.S. Climate Forecasters appeared first on Insurance Journal.

12 06, 2015

McCormick Sued by Rival over Amount of Pepper in Tins

By | June 12th, 2015|Recent Articles|Comments Off on McCormick Sued by Rival over Amount of Pepper in Tins

A dust-up over pepper has landed in federal court in Minneapolis. A small Minnesota producer, Watkins Inc., filed a lawsuit against giant spice maker McCormick & Co., claiming it has misled consumers by secretly cutting the amount of pepper in …

The article McCormick Sued by Rival over Amount of Pepper in Tins appeared first on Insurance Journal.

10 06, 2015

Supreme Court to Hear Tyson Challenge to Damages in Worker Pay Class Action

By | June 10th, 2015|Recent Articles|Comments Off on Supreme Court to Hear Tyson Challenge to Damages in Worker Pay Class Action

The U.S. Supreme Court on Monday agreed to take up Tyson Foods Inc.’s challenge to an almost $5.8 million judgment awarded against the company over worker pay at an Iowa meat-processing facility in a case that gives the nine justices …

The article Supreme Court to Hear Tyson Challenge to Damages in Worker Pay Class Action appeared first on Insurance Journal.

11 06, 2015

Judge Fines Texas Guardrail Maker $663M over Design Changes

By | June 11th, 2015|Recent Articles|Comments Off on Judge Fines Texas Guardrail Maker $663M over Design Changes

A federal judge ordered a Texas company to pay $663 million in damages for failing to tell the government about design changes to highway guardrails that critics say made the systems more dangerous. Trinity Industries Inc. said it would appeal. …

The article Judge Fines Texas Guardrail Maker $663M over Design Changes appeared first on Insurance Journal.

10 06, 2015

Gen Re: Toffanello Named CEO of Faraday When Ceurvorst Retires in 2016

By | June 10th, 2015|Recent Articles|Comments Off on Gen Re: Toffanello Named CEO of Faraday When Ceurvorst Retires in 2016

Gen Re announced that Paul Ceurvorst will retire as CEO of Faraday in March 2016. Pietro Toffanello will become CEO of Faraday upon Ceurvorst’s retirement, subject to UK regulatory approval. Mark Rayner will continue to serve as chief underwriting officer …

The article Gen Re: Toffanello Named CEO of Faraday When Ceurvorst Retires in 2016 appeared first on Insurance Journal.

11 06, 2015

Wisconsin-Based Assurant Health Exiting Health Insurance Business

By | June 11th, 2015|Recent Articles|Comments Off on Wisconsin-Based Assurant Health Exiting Health Insurance Business

The parent company of Milwaukee, Wis.-based Assurant Health says it has reached agreement to sell some business lines and assets to National General Holdings Corp. as it exits the health insurance market. Time Insurance Co. (TIC) and John Alden Life Insurance Co. (John …

The article Wisconsin-Based Assurant Health Exiting Health Insurance Business appeared first on Insurance Journal.

10 06, 2015

South Carolina Jumps Aboard Workers’ Comp Alternative Bandwagon

By | June 10th, 2015|Recent Articles|Comments Off on South Carolina Jumps Aboard Workers’ Comp Alternative Bandwagon

A South Carolina lawmaker has introduced workers’ compensation option legislation that would allow qualified businesses in the state to offer their own injury benefit plan to employees. The state is the second one this year, after Tennessee, to introduce workers’ …

The article South Carolina Jumps Aboard Workers’ Comp Alternative Bandwagon appeared first on Insurance Journal.

11 06, 2015

McLamb Joins EPIC’s Private Client Group in Northern California

By | June 11th, 2015|Recent Articles|Comments Off on McLamb Joins EPIC’s Private Client Group in Northern California

Edgewood Partners Insurance Center has named Sheryl McLamb an account manager in its private client group in Sacramento, Calif. McLamb will be responsible for providing individual risk management and insurance portfolio services to high net worth individuals. McLamb has more than 20 …

The article McLamb Joins EPIC’s Private Client Group in Northern California appeared first on Insurance Journal.

10 06, 2015

Miami Researchers Studying Hurricanes by Creating On-Demand Storms

By | June 10th, 2015|Recent Articles|Comments Off on Miami Researchers Studying Hurricanes by Creating On-Demand Storms

Researchers trying to figure out what makes some hurricanes strengthen into catastrophic monsters have a new lab that allows them to generate tropical storm conditions with the flip of a switch. The lab is at the University of Miami’s Rosenstiel …

The article Miami Researchers Studying Hurricanes by Creating On-Demand Storms appeared first on Insurance Journal.

12 06, 2015

ICW Group Appoints Douglas to Lead Texas Market

By | June 12th, 2015|Recent Articles|Comments Off on ICW Group Appoints Douglas to Lead Texas Market

San Diego, Calif.-based ICW Group Insurance Cos. has named Gina Douglas branch manager in Texas. Based in Austin, she will oversee business development, agent outreach and workers’ compensation underwriting in the state. ICW Group began actively writing workers’ compensation business …

The article ICW Group Appoints Douglas to Lead Texas Market appeared first on Insurance Journal.