Insurance News

News – Insurance Journal Insurance Journal delivers the latest business news for the Property/Casualty insurance industry

  • At Least 3 Dead in Central U.S. Storms
    by Ken Miller on May 23, 2019 at 4:31 pm

    A flooded Oklahoma was deluged once again on Wednesday following days of severe weather that’s blamed for at least three deaths after also battering Iowa, Kansas and Missouri, “The biggest concern is more rain. I mean, there’s more rain in […]

  • Texas Insurance Department: Continuing Ed Service for Agents, Adjusters Improved
    on May 23, 2019 at 4:22 pm

    A year ago, it took months for insurance agents and adjusters to get continuing education transcripts, course credit and other information from the Texas Department of Insurance. Today, it takes about two weeks, according to the state agency. The improvement […]

  • Texas Environmentalists Plan Pollution Lawsuit Against Valero
    on May 23, 2019 at 4:04 pm

    Three Texas environmental groups have notified Valero Energy Corp. of plans to file a lawsuit under the U.S. Clean Air Act for pollution at the company’s Port Arthur, Texas, refinery, the organizations said. Environment Texas, the Sierra Club and the […]

  • Attorneys Say Ohio State Must Reveal Who Knew About Abuse by Team Doctor
    by John Seewer on May 23, 2019 at 4:00 pm

    Administrators at Ohio State University should release the names of all coaches, trainers and personnel who knew of but failed to act on complaints about a now-dead team doctor who sexually abused male students for nearly two decades, said attorneys […]

  • South Dakota Judge Sides With Liberty Mutual in Bad Faith Dispute
    on May 23, 2019 at 3:56 pm

    A federal judge in South Dakota has dismissed part of a lawsuit filed by a couple who had to tear down their Sioux Falls house after a long-running dispute with their neighbors. Judge Roberto Lange recently granted Liberty Mutual Insurance’s […]

  • Surplus Lines Insurance Bills Sent to Texas Governor
    on May 23, 2019 at 3:50 pm

    Two pieces of legislation impacting the surplus lines insurance industry in Texas have been passed by state lawmakers and are headed to the governor’s desk, the Surplus Lines Stamping Office of Texas (SLTX) reported. Both bills, HB 1306 and HB […]

  • Woman Who Claimed Abuse Was Ignored Gets $1.7M
    on May 23, 2019 at 2:29 pm

    Washington state has agreed to pay $1.7 million to a woman who claimed social workers failed to investigate reports of neglect and sexual abuse three decades ago. The Seattle Times reported a judge signed off on the settlement to the […]

  • Colorado Refocuses Rules on Safety, Won’t Halt Drilling
    by Dan Elliott on May 23, 2019 at 2:25 pm

    Colorado officials said that they had no plans to stop energy companies from drilling for oil and gas while regulators overhaul state rules to make health, safety and the environment their top priority. Dan Gibbs, chief of the state Department […]

  • Alaska Air Carrier Suspends Operations After 2nd Crash
    by Rachel D'Oro on May 23, 2019 at 2:22 pm

    An Alaska air carrier involved in two deadly floatplane crashes in a week has voluntarily suspended operations, federal officials said. The halt of flightseeing and commuter flights is in place indefinitely, according to the Federal Aviation Administration. The action comes […]

  • Washington Couple Charged with Auto Insurance Fraud
    on May 23, 2019 at 2:20 pm

    Brittany Jones and Steven Jones, of Marysville, Wash., each were charged with one count of filing a false insurance claim in Snohomish County Superior Court on May 14. The charges stem from an auto insurance claim and follow an investigation […]

  • EPA Begins Rewrite of Rules on Costs, Benefits of Environmental Regulations
    by Jennifer A. Dlouhy on May 23, 2019 at 1:34 pm

    The Trump administration is planning to write new rules for how it weighs the human costs and benefits of environmental regulations, a move that could make it harder for future presidents to stiffen limits on pollution and combat climate change. […]

  • Growth in Construction, Freight Has Been Good News for Inland Marine Insurance
    on May 23, 2019 at 1:27 pm

    The inland marine insurance segment has grown steadily in the past decade in tandem with increases in construction spending and the transport of goods, with direct premiums written nearly doubling to $24.5 billion in 2018 from $13.3 billion in 2009, […]

  • Report Says Many New York City Uber, Lyft Drivers Fail to Respond to Recalls
    by Cathy Bussewitz on May 23, 2019 at 1:19 pm

    One out of six Uber and Lyft drivers in the New York City and Seattle areas are driving vehicles with outstanding recalls, according to Consumer Reports. But taking a taxi or limousine isn’t necessarily a safer option: nearly a quarter […]

  • AXA XL Names Chiusano to Lead North America Property Insurance Team in Northeast
    on May 23, 2019 at 1:12 pm

    AXA XL, a division of AXA, has named Raymond Chiusano to lead its North America Property Insurance team’s Northeast region, based in New York. Chiusano is assuming the role currently held by Joseph Moylan, who announced his planned 2020 retirement. […]

  • Massachusetts’ Sullivan Insurance Group Hires Russell as a Principal
    on May 23, 2019 at 1:07 pm

    Sullivan Insurance Group has hired Peter Russell as a principal. Russell has worked in the insurance industry for more than 30 years and is responsible for the management of client insurance and risk management programs, as well as new business […]