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Updated: 52 min 21 sec ago

N.J. Roofing Co. Exec Admits to Misleading Its Workers’ Comp Carrier

Fri, 04/18/2014 - 01:58

Authorities said the president of a roofing company in New Jersey pleaded guilty to providing false and misleading information to the company’s workers’ compensation carrier in order to avoid paying hundreds of thousands of dollars in insurance premiums that he …

The article N.J. Roofing Co. Exec Admits to Misleading Its Workers’ Comp Carrier appeared first on Insurance Journal.

On Anniversary of Texas Fertilizer Explosion, Families Seek Balance

Fri, 04/18/2014 - 00:44

Families of the 15 people killed in a massive explosion at a Texas fertilizer plant have spent the year since the blast navigating the difficult balance between moving forward and digging for answers from the past. Many of them filed …

The article On Anniversary of Texas Fertilizer Explosion, Families Seek Balance appeared first on Insurance Journal.

Arkansas Kicks Off $2B Highway Improvement Program

Fri, 04/18/2014 - 00:36

State transportation officials marked the start of a nearly $2 billion construction program to improve and widen roadways in a ceremony on April 16 in Little Rock. The event officially kicked off the department’s Connecting Arkansas Program, a $1.8 billion …

The article Arkansas Kicks Off $2B Highway Improvement Program appeared first on Insurance Journal.

Ohio Warning Rideshare Drivers About Insurance Risks

Fri, 04/18/2014 - 00:27

Ohio is warning drivers considering work with a ridesharing service such as Uber or Lyft to understand the insurance implications. Rideshare companies operating in Columbus, Cincinnati and Cleveland use smartphone apps to connect potential passengers with drivers using their personal …

The article Ohio Warning Rideshare Drivers About Insurance Risks appeared first on Insurance Journal.

Farmers Insurance Expects $75M in Claims from Midwest Storms

Fri, 04/18/2014 - 00:22

A system of severe weather moving through multiple Midwest states in early April brought tornadoes, hail, severe winds and flooding in Illinois, Kansas, Missouri and Texas. Farmers Insurance estimates that its expected claims volume from these states will total approximately …

The article Farmers Insurance Expects $75M in Claims from Midwest Storms appeared first on Insurance Journal.

ProHost, XL Group Partner on Restaurant Insurance Package

Fri, 04/18/2014 - 00:16

ProHost USA, a Minneapolis, Minn.-based national program administrator specializing in restaurant insurance for 25 years, announced it is partnering with XL Group to provide packaged insurance coverages for fine dining and family restaurants. The exposures faced by high-end restaurants include …

The article ProHost, XL Group Partner on Restaurant Insurance Package appeared first on Insurance Journal.

Vermont’s Updated Captive Law to Allow ‘Dormant’ Status for Inactive Captives

Thu, 04/17/2014 - 22:29

Vermont’s Gov. Peter Shumlin signed new legislation updating Vermont’s captive law, amending the reciprocal insurer section and creating a new “dormant” status for captives. Officials said the new dormant status establishes an efficient mechanism and an option for captives that …

The article Vermont’s Updated Captive Law to Allow ‘Dormant’ Status for Inactive Captives appeared first on Insurance Journal.

Students at 5 Texas Universities Receive Insurance Council Scholarships

Thu, 04/17/2014 - 19:43

Twenty four insurance and risk management students at five Texas universities were recently awarded academic scholarships from the Insurance Council of Texas (ICT) Education Foundation. The students attend Huston-Tillotson University, Texas Southern University, the University of Texas Pan American, the …

The article Students at 5 Texas Universities Receive Insurance Council Scholarships appeared first on Insurance Journal.

Texas Agent Faces 10 Years in Prison for Insurance Fraud Conviction

Thu, 04/17/2014 - 19:26

A Fort Worth man faces ten years in federal prison following a conviction for insurance fraud, the Insurance Department of Texas reported. Caleb Deason, an insurance agent for Transamerica Life Insurance Co., was convicted on charges of wire fraud and …

The article Texas Agent Faces 10 Years in Prison for Insurance Fraud Conviction appeared first on Insurance Journal.

Gerhart: U.S. Has a Good Story to Tell at the Global Insurance Symposium

Thu, 04/17/2014 - 19:19

The state of Iowa on May 20-22, 2014, will host its first ever Global Insurance Symposium, a privately funded event that aims to bring insurance professionals and regulators from around the world together to discuss the challenges facing the global …

The article Gerhart: U.S. Has a Good Story to Tell at the Global Insurance Symposium appeared first on Insurance Journal.

Ohio Coast Guard Station Leads Nation in Drunken Boating Arrests

Thu, 04/17/2014 - 16:40

A U.S. Coast Guard station that watches over western Lake Erie led the nation in drunken boating arrests last year. The Coast Guard says officers with Marblehead, Ohio, station charged 67 people with boating under the influence in 2013. The …

The article Ohio Coast Guard Station Leads Nation in Drunken Boating Arrests appeared first on Insurance Journal.

Industry Pushing Back in Texas Against Fertilizer Plant Safety Requirements

Thu, 04/17/2014 - 16:36

The state fire marshal wants 46 facilities that store ammonium nitrate in Texas to make safety improvements following the deadly West fertilizer plant explosion last year. State Fire Marshal Chris Connealy proposed new building requirements ahead of the anniversary of …

The article Industry Pushing Back in Texas Against Fertilizer Plant Safety Requirements appeared first on Insurance Journal.

Wisconsin Trucker Wins Great American Insurance’s Big Rig Giveaway

Thu, 04/17/2014 - 16:32

A Wisconsin trucker who’s been driving for 35 years won a customized truck in Great American Insurance Group’s annual Big Rig Giveaway. Roger Lemírande was missing from the crowd at booth 69172 on Saturday, March 29, at the Mid-America Trucking …

The article Wisconsin Trucker Wins Great American Insurance’s Big Rig Giveaway appeared first on Insurance Journal.

SeaFire Seeks Agency Partners for Dealership Programs in Oregon and Idaho

Thu, 04/17/2014 - 16:29

Overland Park, Kan.-based SeaFire Insurance Services is seeking new agency partners in Oregon and Idaho for its auto dealer and repair insurance program. SeaFire will consider appointments for retail insurance agencies with scale, brand, resources and auto dealer expertise. Agents can …

The article SeaFire Seeks Agency Partners for Dealership Programs in Oregon and Idaho appeared first on Insurance Journal.

Poll Finds New Jerseyans Souring on State’s Sandy Recovery Efforts

Thu, 04/17/2014 - 16:29

A new poll finds New Jerseyans are souring on how the state is handling Superstorm Sandy recovery efforts. The Monmouth University/Asbury Park Press poll out Wednesday found public satisfaction with the recovery effort has dropped below 50 percent for the …

The article Poll Finds New Jerseyans Souring on State’s Sandy Recovery Efforts appeared first on Insurance Journal.

Out of Prison, Michigan Man Files Suit Over Wrongful Arson Verdict

Thu, 04/17/2014 - 16:25

A man who spent five years in prison for a wrongful arson conviction has sued a northern Michigan county, three sheriff’s deputies and a state trooper. Forty-year-old Victor Caminata was convicted in 2008 of burning a house in Wexford County’s …

The article Out of Prison, Michigan Man Files Suit Over Wrongful Arson Verdict appeared first on Insurance Journal.

Louisiana Senators Say ‘No’ to Suit Against Oil Industry

Thu, 04/17/2014 - 16:19

The Louisiana Senate sided with Gov. Bobby Jindal and the oil industry, agreeing to void a lawsuit that a south Louisiana flood board filed against more than 90 oil and gas companies for coastal damage. Senate Bill 553 by Sen. …

The article Louisiana Senators Say ‘No’ to Suit Against Oil Industry appeared first on Insurance Journal.

Louisiana Town Still Without Police Chief, Liability Insurance

Thu, 04/17/2014 - 16:15

Efforts to revitalize the Sorrento Police Department in Louisiana seem to be stagnating while the police chief’s position sits vacant and the days pass without anyone actively seeking liability insurance for the department. Mayor Mike Lambert told The Advocate that …

The article Louisiana Town Still Without Police Chief, Liability Insurance appeared first on Insurance Journal.

San Francisco Considers Ending Ban Renting Homes

Thu, 04/17/2014 - 16:11

San Francisco lawmakers are considering making it legal for city residents to rent out their homes on sites such as Airbnb, but only if they have liability insurance and meet other requirements, a newspaper reported. Supervisor David Chiu introduced legislation …

The article San Francisco Considers Ending Ban Renting Homes appeared first on Insurance Journal.

Leavitt Group’s Redwoods Hires Hodge in Northern California

Thu, 04/17/2014 - 15:57

Dawn E. Hodge has joined the Leavitt Group’s Redwoods office and will focus on commercial insurance. Prior to joining the agency, Hodge spent eight years with a personal lines not-for-profit insurance automobile club. She also worked as a claims adjuster representing Phoenix, …

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