Industry News

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Fairfax Financial Pursues Growth Initiatives With Executive Changes

Jul 17, 2019 Fairfax Financial Holdings Ltd. said Scott Carmilani will join Fairfax Insurance Group in a new role. In his new role, Carmilani is...

AM Best Financial Analyst to Lead Innovation-Focused Session at Farm Bureau Event

Jul 17, 2019 AM Best will participate at the Farm Bureau Insurance National Underwriting Executive Conference, which will take place July 28-31...

Pennsylvania Settles With Three Life Insurers in Ongoing Examination

Jul 17, 2019 The Pennsylvania Department of Insurance has reached agreements with three life insurers to settle claims they were not paying death benefits...

UK Managing Agency Takes Aim at Midsize US Captive Market

Jul 17, 2019 Specialist London-based captive insurance and reinsurance managing general agency International Re has established a vehicle to cater to captives that are...

Insurance Journal

Minnesota City Seeking Study of Toxic Chemical After Refinery Blast

Jul 17, 2019 City leaders in Duluth, Minnesota, are taking steps to ensure that residents will be safe following the upcoming reconstruction of a refinery that exploded in...

Texas Files Suit Against Aliera Healthcare Over Non-Licensed Insurance Sales

Jul 17, 2019 A lawsuit has been filed by the State of Texas seeking to stop Georgia-based Aliera Healthcare from selling health insurance in the state and...

Nebraska Department Buys Extra Gear as Defense Against Firefighter Cancer Risks

Jul 17, 2019 The Omaha (Nebraska) Fire Department is buying backup protective gear for its firefighters, giving them a second line of personal defense against...

ICT’s ‘Speed Interviews’ Connect Texas College Students with Insurance Pros

Jul 17, 2019 On July 11, the Insurance Council of Texas’ (ICT’s) 4th Annual Speed Interview and Network Session connected students from...

Claims Journal

Seeking to Avoid Escalation, Ships Deploy Unarmed Guards to Navigate Gulf

Jul 17, 2019 LONDON — Shipping companies are hiring unarmed security guards for voyages through the Middle East Gulf as an extra safeguard after a wave of...

Chinese Drones Banned by Tech Supplier to U.S. Police

Jul 17, 2019 A supplier of drone technology to dozens of state and local law enforcement and public safety agencies, located in the U.S. and a handful of other countries, will stop...

Private Insurance Losses from Tropical Storm Barry to Add Up to Nearly $300 Million

Jul 17, 2019 Catastrophe modeling firm, Karen Clark & Co. (KCC), says insured losses from Tropical Storm/Hurricane Barry and its remnants will near $...

Google Attacked Over Limits on Internet Company Liability

Jul 17, 2019 U.S. senators used a Congressional hearing on Tuesday to push the idea of overhauling a law that protects YouTube, Facebook and other internet services from being sued...