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02/23/2018 02:58 PM
PEMCO in Washington Names Simonson Learning and Development Manager
PEMCO Insurance in Washington has added Curt Simonson to the carrier’s people and brand team as the department’s learning and development manager. Simonson’s responsibilities include managing employee training programs and leadership development strategies, with a focus on creating opportunities for …

02/23/2018 01:23 PM
Chubb Decided to Quit NRA Insurance Program 3 Months Ago
Giant insurer Chubb has joined a list of companies that are halting business deals with the National Rifle Association (NRA). However, the insurer confirmed to Insurance Journal that the decision was made several months ago, before the latest mass shooting …

02/23/2018 12:50 PM
Rivers Still Rising in Midwest; Evacuations Continue
Shelters have been opened to assist people forced from their homes by flooding in the Midwest, as rivers swollen by heavy rain and melting snow continue to rise in Indiana, Michigan and other states. Flood warnings were in effect across …

02/23/2018 12:43 PM
Records: Corps Failed to Release Harvey Flood Prediction to Public
The U.S. Army Corps of Engineers predicted ahead of Hurricane Harvey’s arrival that reservoirs in Houston would fill to record levels, flooding adjacent neighborhoods, but never shared the concern with the public, government records reveal. A Corps forecast on Aug. …

02/23/2018 12:41 PM
Texas’ Combined Agents of America Adds 3 New Agencies
Austin, Texas-based Combined Agents of America LLC, has added three new partner agencies to its network. The latest additions are: Patterson & Associates Insurance in Richardson, Texas; NP Dodge Insurance in Omaha, Nebraska; and Ryder Rosacker McCue & Huston Insurance …

02/23/2018 12:32 PM
Visa’s Kereere Joins Board of Grange Mutual Casualty
Suzan Kereere has joined the board of directors at Columbus, Ohio-based Grange Mutual Casualty Co. Kereere heads both the European Merchant Sales & Solutions team and the Global Merchant Accounts team at Visa. There, she leads a group that helps …

02/23/2018 12:27 PM
Fareway Chicken Salad Produced at Iowa Processing Plant Recalled
The federal government issued a recall of chicken salad made by an Iowa processing company and distributed by Fareway Stores which has now sickened more than 100 people in five states and prompted lawsuits in Illinois, Iowa and South Dakota. …

02/23/2018 12:13 PM
Texas Appeals Court Upholds $351M Award Against Credit Suisse
Credit Suisse said it would fight on after a Texas appeals court upheld a $351 million award against the Swiss bank over its role in a Las Vegas resort project whose finances collapsed a decade ago. The Texas Court of …

02/23/2018 10:57 AM
Private School System in Hawaii Schools Agrees to Pay $80M to Abuse Victims
A private school system in Honolulu, Hawaii has agreed to pay $80 million to the victims of a doctor accused of sexually abusing students and other patients for decades. Kamehameha Schools has also agreed to create new safeguards and methods …

02/23/2018 10:53 AM
Hershey’s in Trademark Battles with California Marijuana Businesses
Cannabis businesses, beware: The Hershey Co. is on the warpath. Perhaps the most famous confectionery peddler in the world has a well-documented history of actively protecting its trademarks, and the marijuana industry is no exception. Although Hershey’s has been relatively …

02/23/2018 10:47 AM
Damage Claim Filed in Washington Over Ex-Mayor Abuse Allegations
The former foster son of ex-Seattle Mayor Ed Murray has filed a claim for damages against the city, saying that last year it negligently failed to investigate his and other men’s allegations that Murray sexually abused them decades ago. The …

02/23/2018 09:56 AM
CEO Says Swiss Re Open to Anchor Shareholder Following Softbank Inquiry
Swiss Re AG’s chief said the reinsurer would welcome an anchor investor after being approached by billionaire Masayoshi Son’s SoftBank Group Corp. In a business where results can change radically from one year to the next, “it’s not a bad …

02/23/2018 08:33 AM
Q&A on China’s Takeover of Giant Anbang Insurance
The once-mighty Anbang Insurance Group Co. has been temporarily taken over by China’s regulators and its boss is facing prosecution on charges including fundraising fraud and embezzlement. Anbang’s meteoric rise was fueled by surging sales of high-yield products, which helped …

02/23/2018 08:27 AM
NTSB: Truck Hit by GOP Train in Virginia Was on Tracks After Warning
Witnesses told investigators that a garbage truck struck by a train carrying Republican congressmen through rural Virginia entered the railroad crossing after the safety gates had come down, the National Transportation Safety Board said in a preliminary report released Wednesday. …

02/23/2018 08:17 AM
Pennsylvania Couple Loses Home in Mudslide
A Pennsylvania couple has lost their home in a mudslide, and they say their insurance company likely won’t cover the damage. Lynn Eash says she was inside her Johnstown, Penn., home when she heard a loud cracking noise. She ran …

02/23/2018 08:13 AM
Pennsylvania’s Erie Insurance Appoints Kaercher as Corporate Marketing Officer
Erie Insurance, an Erie, Penn.-based automobile, homeowner’s, life and business insurer, has appointed Kim Kaercher as corporate marketing officer with oversight of Erie’s marketing strategy and functions. Kaercher’s background spans advertising, marketing, communications, program management and strategy development. Before coming …

02/23/2018 06:44 AM
Home Security Camera’s Face Recognition Even Knows Family Dog
A team of engineers that worked on self-driving cars and helped invent Google Street View wants to help people guard their homes against intruders using the same style of facial recognition that unlocks smart phones. Lighthouse AI, their startup, on …

02/23/2018 05:28 AM
China Seizes Control of Anbang; Acquisitive Chairman Faces Fraud Prosecution
The Chinese government on Friday seized control of Anbang Insurance Group Co. Ltd and said its chairman had been prosecuted, dramatically illustrating Beijing’s willingness to curtail big-spending conglomerates as it cracks down on financial risk. Anbang had violated laws and …

02/23/2018 01:00 AM
Medical Marijuana Gaining Favor as Treatment in Workers’ Compensation
Though states and the federal government remain at odds on marijuana legalization, the drug is gaining traction as a viable treatment in workers’ compensation claims. In a recent discussion with Claims Journal, Brian Allen, vice president of government affairs for …

02/23/2018 01:00 AM
Takata, 44 States Reach Settlement Over Defective Air Bags
Takata Corp.’s U.S. unit agreed Thursday to settle a probe by 44 state attorneys general into claims it concealed a deadly safety defect with air bag inflators. TK Holdings Inc., which is in bankruptcy reorganization proceedings, agreed in the settlement …

02/23/2018 12:42 AM
Travelers Releases Enhanced Homeowners Insurance Product in Select States
The Travelers Companies, Inc. has released an enhanced homeowners insurance product with tailored pricing and flexible coverage options called Quantum Home 2.0 (QH2.0). The new product includes “simpler” policy documents designed to help customers better understand their insurance. The new …

02/23/2018 12:35 AM
Parents of Fraternity Pledge Killed at Florida State University File Civil Suit
The parents of a Florida State University fraternity pledge who died of alcohol poisoning after a party have filed a civil suit against those who have a connection in their son’s death. Thomas and Sandra Coffey are suing Pi Kappa …

02/23/2018 12:28 AM
Arson Caused Georgia Fire That Destroyed 5 Homes, Damaged 14
Investigators ruled arson was to blame for a fire that started in a Georgia home and rapidly spread throughout a subdivision, destroying five houses and damaging at least 14 others before firefighters could extinguish all the flames. Police arrived quickly …

02/23/2018 12:22 AM
Former Swett Exec Vogle Joins Worldwide Facilities as SVP in Atlanta
National wholesale insurance brokerage and managing general agent Worldwide Facilities has added George Vogle to its Atlanta office as a senior vice president specializing in professional liability. Vogle began his career in 1977 with General Reinsurance in Chicago as a …

02/22/2018 06:19 PM
Drone Segment Will be Biggest Growth in Aviation Insurance in 50 Years, Experts Say
Now’s the time to get in on the ground floor of the business of insuring drones. That’s according to panel of experts speaking recently in a drone insurance webinar hosted by Insurance Journal. The consensus from the panelists was that …

02/22/2018 12:51 PM
Dallas Mavericks Investigating Allegations of Hostile Workplace, Harrassment
The Dallas Mavericks have hired outside counsel to investigate allegations of inappropriate conduct by former team president Terdema Ussery in a Sports Illustrated report that described a hostile workplace for women. Ussery was accused of making sexually suggestive remarks to …

02/22/2018 12:41 PM
HDI Adds to U.S. Engineering, Construction Divisions
HDI Global SE has appointed John Schossler has been appointed assistant vice president, Casualty Construction manager, based in Chicago. Schossler will lead all efforts in the development of this segment by cultivating deeper relationships with producers and accelerating HDI’s market …

02/22/2018 12:30 PM
Huck Named VP of Fidelis Group Holdings’ Marine Division in Houston
Fidelis Group Holdings LLC (FGH), with its subsidiary Continental Underwriters Ltd., has hired Darrin Huck as vice president of its Marine Division. He is based in Houston. Huck serves as a senior underwriter within the group’s Brown Water Hull, Liabilities …

02/22/2018 12:24 PM
Midwest Battered by Deadly, Damaging Storms
Sandbags were holding back floodwaters in parts of Michigan as a storm system moved across several Midwest and Great Plains states on Wednesday, bringing heavy rain, snow and ice to the region. The weather has already been blamed for hundreds …

02/22/2018 12:18 PM
Worker’s Death on Gulf Platform Subject of Federal Probe
Federal regulators are investigating the weekend death of a worker on an oil production platform in the Gulf of Mexico. The contractor was removing out-of-service fire suppression equipment when he was fatally injured on the offshore platform Saturday, according to …

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