19 03, 2019

State Farm: Illinois and Missouri Ranked 3rd and 5th for Hail Damage in 2018

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A new report from State Farm says that Illinois and Missouri were among the top states in the nation for hail damage in 2018, according to a new report from State Farm. Illinois ranks third with $330 million in paid …

19 03, 2019

Cooper Nominates State Rep. Goodman to North Carolina Workers’ Comp Panel

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A sitting North Carolina legislator has been nominated by Gov. Roy Cooper to serve on the state Industrial Commission. Cooper told legislators at the beginning of the month of his choice of fellow Democratic Rep. Ken Goodman of Richmond County …

19 03, 2019

Berkley Launches Private Company Primary Management Liability Policy

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Berkley Professional Liability, a Berkley Company, has expanded its product offerings to include a primary private company management liability policy. This comprehensive package policy offers coverage designed to address growing exposures facing private companies. Management teams can select one or …

19 03, 2019

Harmful Dry Cleaning Chemical Detected in W. Virginia Town’s Drinking Water

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Officials say the drinking water in a West Virginia community along the Ohio River contains a harmful chemical widely used by dry cleaners. State Bureau for Public Health spokeswoman Allison Adler said in an email Wednesday tetrachloroethylene has been detected …

19 03, 2019

PwC to Pay $335 Million to Settle Negligence Claim Over Colonial Bank Audits

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A top U.S. banking regulator said on Friday that PricewaterhouseCoopers will pay $335 million to settle claims of “professional negligence,” after saying the auditor should have identified problems leading to the 2009 collapse of Alabama-based Colonial Bank. PwC did not …

19 03, 2019

Commentary: How Florida AOB Crisis Is Impacting State’s Independent Agents

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Florida’s “one-way attorney fee” statute enacted to protect Florida policyholders from large insurance companies has instead spawned a huge industry of assignment of benefits (AOB) predators who take advantage of policyholders and threaten the livelihood of hundreds of independent insurance …

19 03, 2019

Cotuno Joins Alliant’s Texas Benefits Team as VP

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Houston-based benefits consultant Dan Cotuno has joined Alliant Insurance Services as vice president within the company’s Employee Benefits Group. Cotuno will provide integrated, data-driven benefits to a diverse client base as Alliant continues to grow its Texas benefits team. Cotuno …

19 03, 2019

Investigation Found FAA Employees Warned of Boeing Influence Over Safety Approvals

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Federal Aviation Administration (FAA) employees warned as early as seven years ago that Boeing Co. had too much sway over safety approvals of new aircraft, prompting an investigation by Department of Transportation auditors who confirmed the agency hadn’t done enough …

19 03, 2019

Insurance Department Takes Over Arkansas Health Insurance Marketplace

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The Arkansas Health Insurance Marketplace has become part of the state’s insurance department after Gov. Asa Hutchinson signed legislation dissolving the marketplace board as a separate entity. The state Legislature established the insurance marketplace in 2013. The Arkansas marketplace used …

19 03, 2019

Researchers Aim to Spot a Liar Using Online Polygraph

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Can you spot a liar? It’s tricky enough in face-to-face conversations that offer facial expressions, gestures and tone of voice because those physical cues add context. Spotting a liar gets even tougher in blind computer conversations. Florida State University researcher …