Industry News

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ProAssurance President See Signs of Rational Medical Professional Liability Pricing, Underwriting

Feb 22, 2019 Rational pricing and underwriting appear to be returning to the medical professional liability market,...

Deloitte Executive Tapped as Connecticut’s Next Insurance Commissioner

Feb 22, 2019 Connecticut Gov. Ned Lamont has nominated Andrew N. Mais, a member of Deloitte’s insurance industry group, to be the state’s next insurance...

Lloyd’s Broker THB Names Chief Financial Officer

Feb 22, 2019 Kay Smith joined THB Group as group chief financial officer as the specialist insurance and reinsurance broker also announced senior board appointments. Smith...

AM Best Assigns Credit Ratings to Mobilitas Insurance Company

Feb 22, 2019 AM Best has assigned a Financial Strength Rating of A (Excellent) and a Long-Term Issuer Credit Rating of “a+” to Mobilitas Insurance Company (...

Insurance Journal

Berkshire Hathaway in Talks to Sell Workers’ Compensation Unit Applied Underwriters

Feb 22, 2019 Warren Buffett’s Berkshire Hathaway Inc. is in advanced discussions to sell its Applied Underwriters workers compensation unit to a...

TxDOT: Traffic Fatalities Increased in Energy Producing Regions

Feb 22, 2019 Booming energy production has brought jobs and economic gains to communities throughout Texas, but also an unintended consequence with a rise in traffic...

Louisiana Officials Warn of Goods Stolen from Storage Units, Sheds

Feb 22, 2019 Authorities are telling residents in one part of Louisiana to check sheds, patios and self-storage units to see whether anything’s missing, even a...

Arkansas Panel Approves Rules for Use of Previously Banned Herbicide

Feb 22, 2019 An Arkansas panel has adopted a plan to allow restricted use of an herbicide banned in the wake of complaints that it drifted onto crops and caused...

Claims Journal

Virginia Lawmakers Approve Speeding Tickets Triggered by Cameras in Highway Work Zones

Feb 22, 2019 For the first time in Virginia, police officers could issue speeding tickets through the mail – without pulling over the speeding motorist –...

Dad Sues College in Connecticut Over Alleged Unsafe Conditions for Daughter

Feb 22, 2019 A Connecticut father has sued his daughter’s former college, saying the school failed to keep her safe. The Connecticut Post reports that Paul Lisi,...

California Bill Would Require Clergy to Report Abuse Disclosed in Confessions

Feb 22, 2019 A California lawmaker said this week that the state should require clergy members to report suspected child abuse or neglect even if they learn of it...

New York City Owes FEMA $5 Million for Fraudulent Superstorm Sandy Claims

Feb 22, 2019 New York City has reached a tentative settlement to pay back $5.3 million obtained through fraudulent claims to the Federal Emergency Management Agency after...