Industry News

Insurance Journal

Reliance Partners of Tennessee Adds Seidl as V.P. of Risk Services

Apr 23, 2018 Reliance Partners has added John Seidl as vice president of Risk Services in its Chattanooga, Tenn., office. Seidl is a former Wisconsin State Motor Carrier...

Tuttle Named Operations Director for TDECU Insurance Agency

Apr 23, 2018 Lake Jackson, Texas-based TDECU Insurance Agency LLC has named Janet Tuttle as its new director of Insurance Operations. Tuttle previously served as operations...

Court Reinstates Lawsuit Against Website in Wisconsin Spa Shooting Case

Apr 23, 2018 A state appeals court has reinstated a lawsuit against operators of a website that facilitated the purchases of a gun used in a mass shooting in suburban...

West Virginia Settles With Pharmacy Accused of Providing 10M Painkillers

Apr 23, 2018 A pharmacy accused of dispensing millions of prescription pain pills in West Virginia has agreed to a $550,000 settlement with the state. In a news...

Best's Reviews

Illinois Senate Passes Bill to Review Workers’ Com Premiums; Insurance Industry Opposed

Apr 23, 2018 The Illinois Senate for the second consecutive session has passed workers’ compensation reform legislation that insurance...

Willis Re: Despite Near Record Cat Losses, Reinsurance Equity Rose 7.8% in 2017

Apr 23, 2018 Shareholder equity in a range of reinsurance companies increased by 7.8% to US$371 billion in 2017, despite “one of the worst years...

MetLife Appoints Head of Global Government Relations

Apr 23, 2018 MetLife Inc. has appointed Susan Greenwell as head of global government relations. She succeeds Heather Wingate, who left MetLife to take a position with...

Aviva Canada: Southern Ontario Ice Storm in Mid-April Caused Cat Damage

Apr 23, 2018 A destructive ice storm that pelted Southern Ontario in mid-April caused catastrophic damages, largely from water, according to an Aviva...

Business Insurance

Texas attorney sentenced to prison in $26M comp fraud scheme

Apr 23, 2018 An attorney in Grand Prairie, Texas, was sentenced Thursday to 120 months in federal...

Claims Journal

Louisiana Recovery Group Marshals Cash, Volunteers to Help Flood Victims

Apr 23, 2018 Leslie Garon pressed her right hand to her chest and choked back tears as she addressed more than a dozen green-shirted volunteers in her living room...

Business News: Sedgwick, Verisk, CLARA Analytics

Apr 23, 2018 Sedgwick has finalized the purchase of global loss adjusting, claims management and risk solutions firm Cunningham Lindsey and its subsidiaries. The combined organization—...

Hurricane Harvey Research Shows Most Fatalities Occurred Outside Flood Zones

Apr 23, 2018 A Dutch-Texan team found that most Houston-area drowning deaths from Hurricane Harvey occurred outside the zones designated by government as being...

IRC: Auto Injury Claims Costs Outpace Inflation, Lawyer Involvement Increases

Apr 23, 2018 A new study from the Insurance Research Council (IRC) shows that claimed economic losses for auto bodily injury liability (BI) insurance claims...

Property Casualty 360

Tackling the U.S. flood insurance challenge

Feb 28, 2018 Flood risk is one of the most severe natural hazards in the United States, yet one of the least well-managed. Nearly all the risk is borne by one...

A monumental disaster

Feb 28, 2018 If insurers stopped taking statements — and written, signed ones are better than recorded — they will spend more defending lawsuits than they would settling owed claims.

Around the P&C insurance industry: Feb. 28, 2018

Feb 28, 2018 News from Ryan Specialty Group LLC, J.S. Held, RIMS and more.