Insurance Roundup, October 19, 2018


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

  • Aon Forms New Ventures Group, Led by Chief Innovation Officer Goland

    on 2018-10-19 at 10:30Aon plc announced it has formed a new unit called New Ventures Group, which is designed to increase Aon’s investment in innovative new businesses. The global unit will identify, incubate and deliver new sources of value for clients, explained an […]

  • Merchants Insurance Group Names Winkworth to Agents Council for Technology

    on 2018-10-19 at 10:27Merchants Insurance Group has named Customer Experience Lead Ginny Winkworth as co-chair of the Customer Experience Work Group of the Agents Council for Technology (ACT), a program of the Independent Insurance Agents and Brokers of America (IIABA). ACT helps independent […]

  • Nearly $2M Spent Fight Over Proposed Arkansas Lawsuit Damage Limits

    on 2018-10-19 at 05:57Supporters and opponents of a proposal to limit the damages awarded in civil lawsuits in Arkansas report spending nearly $2 million combined last month in the campaign fight over the measure. Arkansans for Jobs and Justice, the primary group campaigning […]

  • Appalachian Underwriters Adds St. Clair as Garage Underwriter for Midwest

    on 2018-10-19 at 05:55Appalachian Underwriters Inc. has hired Joanna St. Clair as a garage underwriter. She will be working remotely in the Austin, Texas, area, primarily underwriting garage risks for Midwest agents. St. Clair comes to AUI with 15 years of experience in […]

  • Louisiana Company Recalling 15 Tons of Packaged Restaurant Fare

    on 2018-10-19 at 05:03A Louisiana company is recalling 15 tons of packaged ready-to-eat chicken and pork products produced since January 2017 for five restaurants or chains in Louisiana and Texas. A La Carte Foods of Belle Rose made the six products with sausage […]

  • Time to Upgrade Airline Black Boxes, Says Safety Board

    by Alan Levin on 2018-10-19 at 05:00The ubiquitous black boxes on airliners — designed to capture the sometimes gruesome words and sounds leading up to crashes — need an upgrade, U.S. accident investigators say. In too many cases, the current two hours of sound on the […]

  • The Changing Risk and Liability Landscape: New Tech, New Loss Scenarios

    by Thomas Varney on 2018-10-19 at 05:00Advancements in technology are changing the risk landscape irrevocably and driving potential big changes in liability, and other insurance, claims activity. The opportunities for business from new technologies such as autonomous machines, artificial intelligenceI, smart factories and digitalized supply chains […]

News – Claims Journal Insurance news and resources for the claims industry

  • Central Texas Floods Destroy Bridge, Force Evacuations

    on 2018-10-19 at 09:37Fast-moving floodwaters destroyed a bridge, forced the evacuation of riverside homes and led to numerous water rescues in Central Texas on Tuesday after more than a foot of rain fell in recent days. The bridge crumbled as it was overrun […]

  • People News: CIG, Zurich, Marias Technology

    on 2018-10-19 at 09:36Capital Insurance Group Hires Mehrtens as Vice President of Claims Capital Insurance Group (CIG), a regional property and casualty insurer serving the Western United States, announces the appointment of Cynthia Mehrtens, CPCU, ARe, AIM, as vice president of claims. In […]

  • Toxic Chemical Found in Chain Stores’ Jewelry

    by ARIEL TU on 2018-10-19 at 09:28Jewelry with the toxic metal cadmium is showing up on the shelves of national retailers including Ross, Nordstrom Rack and Papaya, according to newly released test results. Analysis done for the nonprofit Center for Environmental Health revealed some jewelry sold […]

  • Court Tosses DeLorean Widow’s ‘Back to the Future’ Lawsuit

    by DAVID PORTER on 2018-10-19 at 09:26A federal court has dismissed a lawsuit brought by the widow of automaker John DeLorean over royalties stemming from the “Back to the Future” movies. Sally DeLorean claimed a Texas company using the DeLorean name had illegally accepted royalties from […]

  • Jurors Don’t Want $289M Weed Killer Cancer Verdict Thrown Out

    on 2018-10-19 at 09:17Jurors who found that agribusiness giant Monsanto’s Roundup weed killer contributed to a school groundskeeper’s cancer are urging a San Francisco judge not to throw out the bulk of their $289 million award in his favor, a newspaper reported Monday. […]

  • Civil Trial Commences in Seattle Duck Boat Crash

    on 2018-10-19 at 08:54The lead attorney for over 40 victims of a deadly crash in Seattle involving a duck boat said during opening statements of a civil lawsuit that the crash was not an unforeseeable accident. The Seattle Times reports the plaintiffs’ attorney […]

  • Study: Offshore Wind Farms Can Reduce Hurricane Precipitation

    by Adam Thomas on 2018-10-19 at 08:31With the United States being pummeled over the last couple of years with several high-category, high-damage hurricanes, the University of Delaware’s Cristina Archer recently published a paper that discovered an unexpected benefit of large-scale offshore wind farms: they lessen the […]

Property Insurance Coverage Law Blog THE POLICYHOLDER’S ADVOCATE®

  • Saudi Arabia: Lloyd’s launches professionals development programme with regulator

    on 2018-10-19 at 18:41Twelve of Saudi’s top ‘rising talent’ Insurance professionals are visiting London to take part in an eight week internship programme across the Lloyd’s London market in partnership with the Saudi Arabian Monetary Authority (SAMA). […]

  • Egypt: Insurance federation issues draft industry code of conduct

    on 2018-10-19 at 18:41The Insurance Federation of Egypt (IFE) has issued a draft of a proposed code of ethics for the insurance sector. The document is titled “Code of Ethics and Ethics of Insurance Business and Proper Professional Behaviour of Insurance and Reinsurance Companies operating in Egypt”. […]

  • Tunisia: Ferry collision results in losses of more than US$14bn

    on 2018-10-19 at 18:41Tunisian shipping line, Compagnie Tunisienne de Navigation (CTN), which operates a ro-ro ferry which collided with a Cypriot container ship on 7 October will have to compensate the Cypriot shipowner TND40m ($14m), not counting the compensation costs for the marine pollution generated. […]

Global Risk Insights Political Risk for the 21st century

  • Peace remains remote prospect for Libya

    by Clara Durovray on 2018-10-18 at 16:49Since the 2011 revolution and the overthrow of Muhammar Gaddhafi, Libya has been engulfed by ramping violence and political instability. Recent clashes in the capital have once again raised concerns about the future of the country. The post Peace remains remote prospect for Libya appeared first on Global Risk Insights. […]

  • Opinion: Russia sanctions are a dangerous game

    by Fabian Bak on 2018-10-17 at 12:11The United States (US) Government has deemed Russia responsible for violating international law by using chemical weapons against its own nationals in the UK. With this declaration, the US has unleashed, and is threatening further, sanctions against Russia. Can they bring forth change in US – Russia dynamic? The post Opinion: Russia sanctions are a dangerous game appeared first on Global Risk […]

  • Qatar: Beyond the blockade

    by Carly West on 2018-10-16 at 18:05The Qatar diplomatic crisis which began in June 2017 had negatively affected Qatar’s economy. However, it has weathered the blockade and welcomed financial recovery. Moreover, Doha has been expanding its portfolio of geopolitical and economic partners, signaling a new era of its global engagement. The post Qatar: Beyond the blockade appeared first on Global Risk Insights. […]

  • Kosovo and Serbia: is a land swap a real possibility?

    by Luke Bacigalupo on 2018-10-16 at 14:30Both President Vučić of Serbia and President Thaçi of Kosovo have recently mentioned a land swap as a way of resolving their territories’ long standing dispute. So what would a land swap involve, and how likely is it to happen? The post Kosovo and Serbia: is a land swap a real possibility? appeared first on Global Risk Insights. […]

  • New US cyber policy suggests more active response to state threats

    by Adam Taylor on 2018-10-11 at 14:59US cyber policy is shedding the overly-careful approach favored during the Obama era. While this carries an increased risk of escalation, it’s nonetheless necessary in a cyber arena of bad actors and poorly-defined norms. The post New US cyber policy suggests more active response to state threats appeared first on Global Risk Insights. […]

Canadian Underwriter Insurance and Risk News and Analysis. #1 in Canada

  • Latest Update from Envista Forensics, Canada

    by rosemary on 2018-10-19 at 10:00MISSISSAUGA, ON, Oct. 19, 2018 /insPRESS/ – Envista Forensics is excited to announce that Greg Smrke has been promoted to Technical Lead, Equipment Loss Consulting. This is his third advancement since starting with Envista in 2011. Based out of Envista’s Mississauga, ON… The post Latest Update from Envista Forensics, Canada appeared first on Canadian Underwriter. […]

  • Brokers need to intensify lobby on auto file: Intact president

    by David Gambrill on 2018-10-18 at 22:53Facing an imminent hard market in auto insurance lines, brokers need to intensify their lobbying efforts to inform Ontario MPPs about the pricing issues associated with the auto insurance product, a senior executive of Canada’s largest insurer told brokers Thursday.… The post Brokers need to intensify lobby on auto file: Intact president appeared first on Canadian Underwriter. […]

  • Covering Small Business Cyber Exposure

    by David Gambrill on 2018-10-18 at 20:28Considering the potentially devastating effect of a cyber attack on a small business in Canada, it’s surprising to see a recent study showing that more than a third of Canadian firms do not report carrying cyber insurance coverage. “For me,… The post Covering Small Business Cyber Exposure appeared first on Canadian Underwriter. […]

  • Crawford’s Top 3 claim loss predictions from marijuana legalization

    by Jason Contant on 2018-10-18 at 20:18Claims adjuster Crawford & Company (Canada) Inc. sees auto, commercial and workplace-related losses as the Top 3 claims arising from the legalization of marijuana. Auto losses related to cannabis usage; commercial losses to cannabis producers, retailers and distributors; and employee… The post Crawford’s Top 3 claim loss predictions from marijuana legalization appeared first on […]

  • How new tax laws could affect brokers’ retirement plans

    by Greg Meckbach on 2018-10-18 at 19:40Brokerage owners looking for ways to reduce their tax bill could have more incentive in 2019 to max out their registered retirement savings plan, a tax expert told Canadian Underwriter. For some family-owned businesses, there is “an added reason” for… The post How new tax laws could affect brokers’ retirement plans appeared first on Canadian Underwriter. […]

Canadian Insurance Top Broker The source for top producers

insuranceNEWS.com.au General insurance and financial services news from Australia and around the world

InsureZero Blog All you need to know about Insurance

  • How to Optimise Safety in Woodworking

    by Lillian Connors on 2018-10-19 at 09:25Woodworking shouldn’t be solely an amazing occupation, but additionally a tremendous pastime and DIY exercise liked by lovers throughout the globe. There is, nonetheless, one facet that usually flies beneath the radar and that’s security, because it comes with sure dangers it’s important to think about earlier than grabbing your instruments. Throwing warning to the […] […]

  • The different Types Of Insurances That Every Senior Should Consider

    by Helen on 2018-10-16 at 08:52Generally, when individuals consider insurance protection for senior residents their minds instantly flip to medical care insurance akin to Medicare and Life Insurance protection. Looking into obtainable protection for ageing mother and father it was shocking to be taught of journey insurance and funeral insurance as nicely. Other insurances for seniors most have a tendency […] The […]

  • 7 Ways to Increase Your Home Office Productivity

    by dereklotts on 2018-10-15 at 17:19Working from home is super practical! You can be your own boss, make your own rules, work at your own pace and decorate your space the way you like. However, the best things about home offices can often become the worst things when you start losing focus and getting less and less productive without anyone […] 7 Ways to Increase Your Home Office Productivity Author: dereklottsInsureZero […]


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