September 19, 2018
New England Insurance Group
Wed, 19 Sep 2018 06:47:00 +0000
The U.S. Department of Labor’s Occupational Safety and Health Administration (OSHA) has proposed penalties of $199,183 to Missouri-based American Walnut Company LLC for two repeated and 14 serious safety violations. OSHA initiated an inspection of the ...
Wed, 19 Sep 2018 05:25:28 +0000
Flood insurance was far from Stephanie Walker’s mind in 2015 when she moved her family into a home in Fayetteville in central North Carolina, nearly 200 miles (320 km) from the coast. The next year, a creek at the end …
Wed, 19 Sep 2018 05:11:46 +0000
Consumer assistance centers and insurance camps have been set up in areas of North Carolina affected by Hurricane Florence, according to a statement from North Carolina Insurance Commissioner Mike Causey. “We are going in to flood-ravaged areas to assi...
Wed, 19 Sep 2018 05:00:33 +0000
Democratic U.S. senators led by Elizabeth Warren of Massachusetts urged a Trump administration labor board appointee to recuse himself from a case that could end up being a big victory for corporations trying to make it harder for workers to …
Wed, 19 Sep 2018 05:00:23 +0000
Alliant Insurance Services has acquired Harbor Group Consulting, a national insurance advisory for commercial real estate loans. Miami-based Harbor Group will join Alliant’s growing real estate practice, adding new resources and capabilities to Alliant...
Tue, 18 Sep 2018 19:00:35 +0000
Marsh & McLennan Inc. (MMC) has been preparing for a major acquisition and admiring its competitor Jardine Lloyd Thompson (JLT) for years. So right after the CEOs of the two firms met on Sept. 7 and he sensed an opening, …
Tue, 18 Sep 2018 18:37:35 +0000
California Insurance Commissioner Dave Jones on Tuesday filed an insurance-fraud complaint in Alameda County Superior Court on behalf of the state against AbbVie Inc. alleging the company gave illegal kickbacks to healthcare providers to prescribe HUMI...
Tue, 18 Sep 2018 16:45:23 +0000
Tower Hill Specialty insurance products for homeowners are now available in Alabama, as the Ohio-based company expands its regional focus in the Southeast. Specializing in personal lines property products, Tower Hill Specialty now offers homeowners, dw...
Tue, 18 Sep 2018 16:31:30 +0000
Duke Energy Corp., the biggest utility in the Carolinas, has faced a three-front war as it battles back against the wet and dangerously wild effects of Hurricane Florence. The company restored power to almost 80 percent of customers who went …
Tue, 18 Sep 2018 14:49:37 +0000
Despite challenging market conditions, insurers are in a relatively upbeat mood and ready to increase their risk exposure, according to a study from investment advisor BlackRock. Almost half (47%) of insurers surveyed plan to increase portfolio risk ex...
Tue, 18 Sep 2018 14:35:57 +0000
Dentists Benefits Insurance Co. and Northwest Dentists Insurance Co., acquired by Sacramento, Calif.-based The Dentists Insurance Co. in 2017, plan to merge with their parent company, TDIC. The change is effective Jan. 1, 2019, upon regulatory approval...
Tue, 18 Sep 2018 14:02:57 +0000
Hondas that are 10 and 11-years old and even older Ford and Chevrolet pick-ups top the list of the most stolen vehicles in the U.S. in 2017. The National Insurance Crime Bureau (NICB) released its annual Hot Wheels report, which …
Tue, 18 Sep 2018 14:00:54 +0000
A woman has been killed and two men have been critically injured after being struck by a train in Delaware. Police in Georgetown say the three were hit by a Carload Express train early Sunday morning as they walked on …
Tue, 18 Sep 2018 13:37:38 +0000
The investigation into the Boston, Mass.-area natural gas explosions is partially focused on pressure sensors that were connected to a gas line that was being taken out of service shortly before the blasts, the head of the National Transportation Safety …
Tue, 18 Sep 2018 13:19:45 +0000
The Austin-based insurance education organization the National Alliance for Insurance Education & Research has appointed William J. Hold as chief executive officer. He will assume the day-to-day leadership of the organization effective immediately and ...
Tue, 18 Sep 2018 13:13:58 +0000
Ethos Specialty Insurance Services (Ethos), Ascot Group’s New York-based MGU platform, has appointed Rory Cline as president and CEO. Cline takes the helm from his current role as chief underwriting officer, having joined Ethos Specialty at its incepti...
Tue, 18 Sep 2018 13:09:02 +0000
Rogers & Gray Insurance has opened a new office in Quincy, Mass., to accommodate its growth. This represents the 10th office for the Massachusetts-based company, which serves clients in all fifty states. “This was a logical next step in our …
Tue, 18 Sep 2018 11:45:50 +0000
Marsh & McLennan Inc. agreed to buy Jardine Lloyd Thompson for about 4.3 billion pounds ($5.7 billion) to expand its global offering of reinsurance and consulting services, adding to the frenetic pace of deal activity in the industry. The New …
Tue, 18 Sep 2018 07:41:57 +0000
Complaints of sex discrimination made against the University of Louisiana at Lafayette by nine female athletes include allegations by some of the women of inappropriate behavior by the university’s president and athletic director. Copies of the complai...
Tue, 18 Sep 2018 07:34:59 +0000
Federal officials allege in a lawsuit that Happy Valley LLC d/b/a Happy Valley Nursing and Rehabilitation in Malvern, Ark., failed to address sexual harassment complaints made by female employees and terminated those employees for complaining of the ha...
Tue, 18 Sep 2018 06:48:14 +0000
Insurer Zurich North America has tapped Karen Reutter to lead its Construction unit. Reutter, who recently led the construction practice of a major insurance broker, also worked in Zurich’s construction business from 1999 to 2001. She is a recognized i...
Tue, 18 Sep 2018 06:44:31 +0000
The U.S. Department of Labor’s Occupational Safety and Health Administration (OSHA) has cited pallet manufacturer Buckeye Diamond Logistics Inc. — which operates as BDL Supply — for lockout/tagout hazards after an employee suffered an amputation at...
Tue, 18 Sep 2018 06:40:09 +0000
A.M. Best has revised the outlooks to positive from stable and affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating (Long-Term ICR) of “a-” of Northern Mutual Insurance Company (MI) (NMIC) in Hancock, Michigan...
Tue, 18 Sep 2018 06:36:53 +0000
Patrice Scott has joined the Method Insurance Services team as a business development manager. She will focus on expanding Method’s agency distribution in the Midwest and beyond, and assist in rolling out the new Method Specialty Comp Program for chall...
Tue, 18 Sep 2018 05:31:48 +0000
Los Angeles-based Worldwide Facilities LLC announced plans to acquire managing general agent and excess and surplus lines broker, McClelland and Hine Inc. and McClelland & Hine Trucking Underwriters LLC (collectively, MHI), headquartered in San Antonio...
Tue, 18 Sep 2018 05:00:56 +0000
Berkshire Hathaway Specialty Insurance (BHSI) has opened a new office in Munich, Germany, the latest advance in BHSI’s expansion of its global footprint. The insurer has named two key underwriters for the office. The new office in Munich, along with …
Tue, 18 Sep 2018 05:00:24 +0000
Britain’s economy will shrink if it leaves the European Union without a Brexit deal and it will suffer some damage whatever terms it agrees, the International Monetary Fund said on Monday, challenging the promises of some Brexit supporters. The Fund …
Tue, 18 Sep 2018 05:00:22 +0000
Elon Musk, the chief executive of Tesla Inc., was sued for defamation on Monday for falsely suggesting that a British caver who helped rescue 12 boys and their soccer coach from a Thailand cave in July was a pedophile and …
Tue, 18 Sep 2018 05:00:18 +0000
Florence’s driving rains are forcing hydroelectric dam operators to run generators at full tilt and open flood gates that haven’t been used in more than 20 years. The Tennessee Valley Authority — which operates dams in Tennessee, Georgia and other …
Tue, 18 Sep 2018 05:00:12 +0000
Though the flooding from Hurricane Florence is predicted to be unprecedented, residents of the coastal North Carolina towns threatened by the storm surge know what it’s like to take on water. Some homes in these areas have been repeatedly flooded …