Insurance News

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

  • Former California Adjuster Hit With 180-day Sentence for Stealing $130K
    on September 20, 2019 at 8:32 pm

    Former licensed public adjuster John Schoon, 54, of Huntington Beach, Calif., was sentenced to 180 days in county jail and five years of felony probation after pleading guilty to three felony counts of embezzlement and one felony count of forgery. […]

  • Zurich Insurance Taps Giger from Swiss Regulator, FINMA, as Group Chief Risk Officer
    on September 20, 2019 at 5:15 pm

    Zurich Insurance Group announced that Peter Giger will join the group on Oct. 1, 2019, as group chief risk officer and a member of Zurich’s Executive Committee. He succeeds Alison Martin who was recently appointed chief executive officer Europe, Middle […]

  • Omaha National Promotes Senff to VP, Company Development
    on September 20, 2019 at 4:54 pm

    Nebraska-based Omaha National, a provider of workers’ compensation insurance and payroll services to small and midsize businesses, has promoted Mary Senff to vice president of company development. In this role she is responsible for the company employee development program and […]

  • Michigan School District to Pay $107K to Settle Federal Retaliation Lawsuit
    on September 20, 2019 at 4:43 pm

    A school district in Michigan will pay $107,000 do settle a federal retaliation lawsuit. The U.S. Equal Employment Opportunity Commission (EEOC) says the Waterford Public School System in Waterford, Michigan, will additionally provide other relief to settle the retaliation case. […]

  • Ohio AG: Opioid Settlement Should Be Spent Locally
    by Julie Carr Smyth on September 20, 2019 at 4:31 pm

    Any money Ohio might receive from a settlement with OxyContin maker Purdue Pharma and other drugmakers should be spent at the local level, the state’s top lawyer said. Republican Attorney General Dave Yost told reporters that so many of the […]

  • Louisiana Commissioner Donelon: Tort Reform Needed to Fix Auto Insurance Crisis
    by Stephanie K. Jones on September 20, 2019 at 4:26 pm

    When Louisiana voters go to the polls on Oct. 12, they will have a choice between two Republican opponents in the race for insurance commissioner: current commissioner, Jim Donelon, a former state legislator who has held the post since 2006, […]

  • Essary Out as Executive Director of Texas Surplus Lines Stamping Office
    on September 20, 2019 at 4:04 pm

    The Surplus Lines Stamping Office of Texas (SLTX) board of directors announced that SLTX Executive Director Norma Essary will separate from employment, effective Oct. 17, 2019. The board voted Sept. 17 to relieve Essary of her duties. Essary will be […]

  • Transgender Man Can Sue Catholic Hospital Over Hysterectomy
    on September 20, 2019 at 2:59 pm

    A California transgender man can go ahead with a discrimination lawsuit against a Catholic hospital that canceled his hysterectomy, an appeals court ruled Tuesday. The decision by the 1st District Court of Appeal in San Francisco overturns a lower court […]

  • California Now Looking for Ways to Preserve Environmental Clout
    by Adam Beam and Michael Biesecker on September 20, 2019 at 2:57 pm

    The Trump administration’s decision to stop California from setting its own emission standards for cars and trucks would undermine the state’s ability to convince the world’s largest automakers that they should make more environmentally friendly vehicles. “We will not let […]

  • Starr Promotes Puffer and Geoghean in the Western U.S.
    on September 20, 2019 at 2:50 pm

    Starr Insurance Cos. announced leadership promotions and a new structure for its Western sales region. Starr’s Western region sales operation has been split into two units, Pacific Northwest and Southwest, and two new leaders have been named to head these […]

  • Massachusetts Man Indicted in Connection with $110K Workers’ Comp Fraud Scheme
    on September 20, 2019 at 1:58 pm

    A Worcester, Mass., man who operated a temporary employment agency was indicted in connection with a scheme to evade more than $110,000 in workers’ compensation premiums, according to a press release issued by Massachusetts Attorney General Maura Healey’s office. Sovane […]

  • The Institutes RiskStream Collaborative Hires Brown in Pennsylvania
    on September 20, 2019 at 1:52 pm

    The Institutes RiskStream Collaborative has hired Kenneth Brown as head of Security and Controls in its Malvern, Penn., office. As an insurance industry blockchain consortium, RiskStream Collaborative aims to serve policyholders and help lower industry and consumer costs by streamlining […]

  • Hub International Acquires New York’s EPIC Retirement Services Consulting
    on September 20, 2019 at 1:45 pm

    Hub International Limited, a global insurance brokerage, has acquired the assets of EPIC Retirement Services Consulting LLC. Terms of the transaction were not disclosed. Located in New York, N.Y., EPIC is an independent investment consulting firm specializing in 401(k), 403(b) […]

  • Alliant Insurance Services Hires Riley as Vice President in New York
    on September 20, 2019 at 1:39 pm

    John Riley has joined Alliant as vice president within the firm’s White Plains, N.Y., office. As part of the firm’s growing Northeast property and casualty team, Riley will service a diverse portfolio of clients with operations in the Northeast and […]

  • Aviation Industry Braces for Double-Digit Premium Hikes After 737 MAX Groundings
    by Allison Lampert and Suzanne Barlyn on September 20, 2019 at 11:23 am

    The aviation industry is bracing for double-digit insurance premium hikes for the first time in about 15 years, as insurers wrestle with higher costs from aircraft groundings, including the grounding of Boeing Co.’s 737 MAX jets following two fatal crashes, […]