Insurance Roundup, December 5, 2018


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

  • Florida Insurance Agents Improvise to Stay Connected During Hurricane Michael Recovery
    by Amy O’Connor on 2018-12-05 at 08:22The page has finally turned on the tumultuous 2018 hurricane season, but for the agents who live and work in the Florida Panhandle the story isn’t over – personally or professionally. “We all still feel like we’re in hurricane mode […]

  • Judge Questions Government’s Approval of CVS Acquisition of Aetna
    on 2018-12-05 at 06:00QQA federal judge who has been asked to sign off on the U.S. government’s decision to approve CVS Health Corp.’s acquisition of insurer Aetna Inc. said Tuesday he was “less convinced” than the government that the companies had struck a […]

  • Medtronic Ends U.S. Medical Device Probes with $51 Million Payment
    by Nate Raymond on 2018-12-05 at 06:00Medtronic Plc said on Tuesday it would pay $50.9 million to resolve U.S. Justice Department probes into how companies it later acquired marketed medical devices, including one meant to treat a vascular defect in the brain. As part of the […]

  • AIG Names Lyons as CFO, Succeeding Sankaran
    on 2018-12-05 at 06:00American International Group (AIG) has appointed Mark D. Lyons to the role of executive vice president and chief financial officer (CFO), succeeding Sid Sankaran, who will remain at AIG in an advisory capacity through the year-end reporting process for fiscal […]

  • North Carolina Legislature Finalizes $300M Hurricane Relief Spending
    on 2018-12-04 at 17:57Nearly $300 million in additional state spending to address North Carolina’s recovery from Hurricane Florence received quick and unanimous approval from the state legislature and the governor. The House voted Thursday to send the relief measure to Gov. Roy Cooper, […]

  • Chicago Doctor Convicted on Charges of Billing Insurers for Nonexistent Treatment
    on 2018-12-04 at 17:55A federal jury has convicted a Chicago doctor on fraud charges for billing insurance companies for purported chiropractic manipulations that were never performed, the U.S. Attorney’s Office for the Northern District of Illinois reported. Dr. Paul Madison, an anesthesiologist and […]

  • Survey: Shortage of Skilled Workers Hurting Midwest Economy
    on 2018-12-04 at 17:23The economy continued to expand in nine Midwestern and Plains states last month but was hampered by shortages of skilled workers, according to monthly survey results released Monday. The Mid-America Business Conditions Index dropped to 54.1 in November from 54.9 […]

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

Property Insurance Coverage Law Blog THE POLICYHOLDER’S ADVOCATE®

Global Risk Insights Political Risk for the 21st century

  • International agreements: a sprinkle of optimism
    by Fabian Bak on 2018-12-04 at 20:15Global headlines tend to focus on an increasingly hostile trade environment and withdrawals from trade agreements. However, this article examines the lesser known progress being made across the globe, which can foster a positive tone for international cooperation. The post International agreements: a sprinkle of optimism appeared first on Global Risk Insights. […]

  • Sri Lanka: economic and political fragility
    by Malvika Singh on 2018-12-03 at 22:52The Sri Lankan democracy has recently been burdened by a presidential coup. President Sirisena has overstepped his constitutional limits to sack the sitting Prime Minister and unilaterally appoint a new one. Instead of seeking parliament’s approval, he dissolved the House and announced snap elections for January 2019. The post Sri Lanka: economic and political fragility appeared first on […]

  • An unlikely partnership in New Zealand leads the way on biosecurity
    by Hali Czosnek on 2018-11-30 at 00:15Biosecurity New Zealand and Onions New Zealand have begun to work together to ensure that they are prepared for biological threats – a partnership that could serve as an example for other countries. The post An unlikely partnership in New Zealand leads the way on biosecurity appeared first on Global Risk Insights. […]

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

  • What is the best way to address mobility issues for independent adjusters?
    by Jason Contant on 2018-12-04 at 19:36There needs to be a hybrid system of self-regulation in concert with regulatory discipline to handle interprovincial mobility issues for independent adjusters, says the president and CEO of an independent adjusting firm. “We need a hybrid system of self-regulation in… The post What is the best way to address mobility issues for independent adjusters? appeared first on Canadian […]

  • Why interest rates might not rise further
    by Greg Meckbach on 2018-12-04 at 19:34OTTAWA – The pace of economic growth in Canada slowed in the third quarter as business investment spending fell and the growth in household spending slowed, raising questions about the future pace of interest rate hikes by the Bank of… The post Why interest rates might not rise further appeared first on Canadian Underwriter. […]

  • How these proposed lawsuit rules could benefit insurers
    by Greg Meckbach on 2018-12-04 at 19:25If proposed rules affecting Ontario lawsuits are brought into place, insurers could be paying much less for plaintiffs’ expert witnesses, a lawyer suggests. Ontario has what it calls a “simplified procedure,” which is intended to make it simpler and cheaper… The post How these proposed lawsuit rules could benefit insurers appeared first on Canadian Underwriter. […]

  • Employment down over 10 years among Canadian P&C carriers
    by Greg Meckbach on 2018-12-04 at 19:14The number of people employed by property and casualty insurers in Canada has dropped slightly over the past 10 years but increased from 2016 to 2017, a study released Tuesday says. The total number of people working for P&C carriers… The post Employment down over 10 years among Canadian P&C carriers appeared first on Canadian Underwriter. […]

  • The real risk to SMEs from data breaches
    by Jason Contant on 2018-12-04 at 19:00Changes to Canadian privacy laws expose small and medium-sized enterprises (SMEs) in Canada to potentially higher compliance costs and civil liability in the event of a data breach, according to a new report from commercial insurer Aon. On Nov. 1,… The post The real risk to SMEs from data breaches appeared first on Canadian Underwriter. […]

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

InsureZero Blog All you need to know about Insurance

  • Five Cost-Saving Tips for Your Next Home Improvement Project
    by Sharon Torres on 2018-12-04 at 09:03Home improvement projects can be a great investment in your property, but they often come with surprise costs. Keep the price tag of your renovation or addition down by using these quick tips. Get Your Neighbors and Friends Involved Don’t keep your home improvement project a secret! Share your project goals on social media and […] Five Cost-Saving Tips for Your Next Home Improvement […]


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