Industry News

Insurance Journal

Kansas House Panel Rejects Earthquake-Prevention Bill

Feb 20, 2018 A Kansas House committee has rejected a bill that was designed to prevent earthquakes that experts say are caused by oil and gas production wastewater disposal methods. The...

Hamilton at Lloyd’s Reorganizes Underwriting Team

Feb 20, 2018 Hamilton Underwriting Ltd., the managing agency of Syndicate 3334 and the Lloyd’s operations of Bermuda-based Hamilton Insurance Group, announced the details of a...

Texas Mutual Hires Redpoint’s Siddons as VP, Business Development

Feb 20, 2018 Austin-based workers’ comp insurer, Texas Mutual Insurance Co., has added Benjamin A. Siddons as vice president of business development. Siddons...

Monsanto Loses Bid to Stop Arkansas Ban on Herbicide Dicamba

Feb 20, 2018 An Arkansas judge has dismissed a Monsanto Co. lawsuit aiming to stop Arkansas from blocking the use of a controversial farm chemical the company makes, dealing...

Claims Journal

Medical Marijuana Treatment Slowly Gains Traction in Workers’ Comp

Feb 20, 2018 Though states and the federal government remain at odds on marijuana legalization, the drug is gaining traction as a viable treatment in workers’ comp...

School Shootings Reveal Confusion Over Fire Alarm With Gunfire

Feb 20, 2018 Students and teachers responded as trained when the fire alarm sounded, streaming out of the school and toward exits only to run into deadly gunfire. Two boys with...

Kansas House Panel Rejects Bill to Prevent Oil and Gas Quakes

Feb 20, 2018 A Kansas House committee has rejected a bill that was designed to prevent earthquakes that experts say are caused by oil and gas production wastewater disposal methods...

Detroit Man Sues Contractor for Alleged Discrimination

Feb 20, 2018 A Detroit, Mich., construction worker is suing a contractor for alleged discrimination and racism. Harold Wilson, 63, filed a lawsuit against Hardman Construction Inc. last...

Business Insurance

Environmental contractor settles OSHA retaliation claim

Feb 20, 2018 The U.S. Occupational Safety and Health Administration and Environmental Management Specialists Inc....

Aspen closes property insurance unit in Bermuda

Feb 20, 2018 Aspen Insurance Holdings Ltd. closed its Bermuda-based U.S. property insurance unit last week as a...

India bank hack similar to $81M Bangladesh heist

Feb 20, 2018 (Reuters) — Hackers who tried to steal nearly $2 million from India's City Union Bank this month used tactics...

Ransomware, phishing attacks escalated in 2017

Feb 20, 2018 An 18% increase in ransomware incidents and a new type of phishing attack are just two of the emerging threats with...

Best's Reviews

Randall & Quilter Completes Reinsurance to Close Deal for Lloyd’s Syndicate

Feb 20, 2018 Runoff specialist Randall & Quilter said it reached an agreement with Hamilton Underwriting Ltd., in conjunction with Axa DBIO,...

Best’s Special Report: Reserve and Rate Increases Pose Challenges for Long-Term Care Writers; Loss Ratio Remains Volatile

Feb 20, 2018 A steady increase in claims and unfavorable experience for long-term care insurers,...

Malaysia’s Life Insurance Growth Slowed in 2017

Feb 20, 2018 Malaysia’s life insurance market registered slower growth in 2017, at 1.9% in terms of weighted new business premiums, compared with 16.2% growth in the previous...

UK, US Regulators Form Alliance to Encourage Fintech Expansion

Feb 20, 2018 In a joint effort to encourage financial services firms to use technology to smooth their expansion into international markets, the U.K. Financial...

Property Casualty 360

The role of automation in data security

Feb 20, 2018 As compliance requirements multiply and become more fragmented, it's increasingly difficult to maintain uniformity in all 51 states.

Insurance leaders talk Insurance Careers Month at virtual town hall

Feb 20, 2018 Since 2016, February has been recognized as Insurance Careers Month. See what some industry leaders had to say about it.

Stop drinking the 'buy leads' Kool-Aid

Feb 20, 2018 An insurance sales trainer describes a strategy you could use to grow your own prospects.

Where's the money? Solving payment issues after a CAT

Feb 20, 2018 Maximize technology to solve billing and payment dilemmas after a catastrophe.