Industry News

Claims Journal

NCCI: Healthcare Costs, Uncertainty Top 2018 Challenges for Workers’ Comp

Jan 18, 2018 For the fourth year in a row, carrier executives identified the U.S healthcare environment as their top concern for 2018, according to a just released...

Insured Must Obtain Settlement Consent Where Policies Require it

Jan 18, 2018 Where insurance policies require written consent from the insurer to enter into any settlement agreement, it is important to remember to ask, “May I?...

California Gov. Proposes Stronger Laws for Wildfire Victims

Jan 18, 2018 California Insurance Commissioner Dave Jones and legislators from wildfire-damaged communities across the state unveiled eight bills (six of which have already been...

The Move to a Private U.S. Flood Insurance Market

Jan 17, 2018 Continued concern with the viability of the National Flood Insurance Program (NFIP) has led to growing interest in a private flood insurance market. For the first time last year...

Insurance Journal

Industry Needs to Join Insurtech Wave to Digitize Insurance: AFL’s Esser

Jan 18, 2018 There is a fundamental need for reform and modernization, particularly in the London market. We should be electronically processing all lines of...

West Virginia College Ordered to Pay $250K in Discrimination Suit

Jan 18, 2018 A judge has entered a $250,000 judgment against West Virginia Wesleyan College in a discrimination lawsuit. The Exponent Telegram reports a circuit judge in...

Insurtech Lemonade’s Co-Founder Accuses Amazon of Poaching Employees

Jan 18, 2018 With two social media posts, Shai Wininger, co-founder of the insurtech Lemonade, accused giant Amazon of poaching employees of his startup insurance...

How the U.S. Can Improve Workplace Injury and Illness Data

Jan 18, 2018 Federal agency officials involved in reducing work-related injuries and illnesses believe there is still a lot to learn about the relationship between work and...

Property Casualty 360

5 aspects of successful subrogation programs

Jan 18, 2018 Maximizing the subrogation process can have a material impact on recoveries.

The Institutes announce new partnership with ITL and Innovator's Edge

Jan 17, 2018 Risk and insurance knowledge group The Institutes has announced a collaboration with Insurance Thought Leadership...

How insurance agents should care about their customers

Jan 17, 2018 Focusing on the human aspect of the insurance industry, here are 7 tips for insurance agents to reference to improve their...

Around the P&C insurance industry: Jan. 17, 2018

Jan 17, 2018 News from Sapiens International Corporation, Relation Insurance Services, Property Casualty Insurers Association of America and more.

Business Insurance

Ironshore promotes Bermuda executives

Jan 17, 2018 Ironshore Inc. said Wednesday it has named Steve Horton CEO of its Iron-Starr Excess Agency Ltd. unit and Susan Pateras chief operating officer of...

Berkley combining two professional liability units

Jan 17, 2018 W.R. Berkley Corp. said Wednesday it is combining two of its professional liability units into a single operating unit.

Pa. governor declares opioid epidemic a statewide disaster

Jan 17, 2018 Pennsylvania Gov. Tom Wolf issued a disaster declaration for the state as a response to the...

Best's Reviews

Progressive to End Drop-Off/Pick-Up Points for Customer Vehicles

Jan 17, 2018 Progressive Corp. said it will stop using 68 service centers as drop-off/pick-up points for customers’ vehicles, making most of them claims offices...

Geico Could Hire 700 at New Regional Corporate Offices in Tucson

Jan 17, 2018 Geico said it will move its Tucson regional corporate offices into a new site with space for 700 more employees. Construction on the 200,000-...

State Farm Closing Two Claims Centers in Washington State

Jan 17, 2018 State Farm plans to close two primarily claims centers in Tacoma, Washington, by year-end, and said it will relocate about 600 of 1,400 employees to...

Panel Approves Bill to Emphasize Restrictions on Federal Insurance Regulation

Jan 17, 2018 A U.S. House committee approved a bill to underscore that insurance companies remain under the jurisdiction of state regulators and...