November 14, 2019
Long Insurance Services, LLC.
Thu, 14 Nov 2019 10:07:48 +0000
Global insurance premiums will grow 3 percent on average over the next two years even with an emerging global economic slowdown, Swiss Re said in its latest sigma report. Rising lost costs will fuel the moderate but steady increase, the …
Thu, 14 Nov 2019 09:49:54 +0000
Scores of wildfires continued to rage across vast tracts of Australia’s drought-stricken east coast on Wednesday, forcing hundreds of residents to evacuate their homes, some for the second time in a week. The most intense fires were concentrated in the …
Thu, 14 Nov 2019 09:28:10 +0000
Extreme floods in Venice, fires in Australia and even an outbreak of plague in China have been attributed to climate change this week, while researchers have warned that global warming could saddle future generations with life-long illness. Venice decl...
Thu, 14 Nov 2019 07:48:28 +0000
Two Houston-based oil field services companies have agreed to pay a total of $1,225,000 to settle a race discrimination and retaliation lawsuit filed by federal officials. According to the U.S. Equal Employment Opportunity Commission, Nabors Corporate ...
Thu, 14 Nov 2019 07:11:57 +0000
An insurance agent in Wisconsin has had his license revoked and ordered to pay nearly $800,000 in penalties and restitution after being found in violation of insurance laws in the state. The former insurance agent, Barry Rumpel, may no longer …
Thu, 14 Nov 2019 07:00:08 +0000
Waukee, Iowa-based employee-owned and controlled insurance broker, Holmes Murphy, has launched a new company focused on employee wellbeing — ethOs. Led by Ali Payne, EthOs will focus on improving workplace culture, engagement with multi-generational ...
Thu, 14 Nov 2019 06:53:31 +0000
Independent Insurance Agents of Illinois (IIA of IL) has elected Bill Wirth, of Wirth Agency in Waterloo, as president of the group for a term that runs until Sept. 30, 2020. As president, Wirth will serve as a member of …
Thu, 14 Nov 2019 06:48:57 +0000
Dason Gwartney has been named vice president and employee benefits practice leader at Universal Insurance Agency in Durant, Oklahoma, a unit of First United Bank. Gwartney joins First United/Universal with more than 25 years working with employee benef...
Thu, 14 Nov 2019 06:00:44 +0000
Aviation regulators around the world need to do a better job of assessing hazards in aircraft designs and understanding how pilots might be tripped up by complex technology in the wake of the two fatal crashes on Boeing Co.’s 737 …
Thu, 14 Nov 2019 06:00:34 +0000
CAC Specialty has named Chelley Schaper senior vice president in Denver Colo. Schaper has more than 20 years of experience, including 16 years at Lockton working with complex risk accounts, with a specialization in the real estate industry. Most recent...
Thu, 14 Nov 2019 06:00:17 +0000
On Dec. 14, 2018, Aaron Cole was about to buy a new house and received an email that he thought was from his title company, directing him to make a $123,000 deposit. Cole complied, not realizing that a sophisticated hacker …
Thu, 14 Nov 2019 06:00:09 +0000
Golden Bear Insurance Co. in California has named Gary Shreve vice president and primary casualty manager. Shreve has more than 30 years of experience. He began his career with the Aetna Casualty & Surety Co. as a multi-line underwriter. He’s …
Thu, 14 Nov 2019 05:54:35 +0000
Specialist independent Lloyd’s broker and delegated authority expert SSL Endeavour Limited (SSL Endeavour) will launch a managing general agent (MGA) based in Miami, and a trio of senior hires to support growth in Latin America. Set to begin Jan. 1, …
Thu, 14 Nov 2019 05:49:43 +0000
Mercury Insurance has introduced landlord insurance in California designed to help protect people with rental properties. Landlord insurance covers the costs to repair rental properties if they’re damaged by fires, lightning, wind, hail and other cover...
Thu, 14 Nov 2019 05:22:48 +0000
Police in Kentucky say they’ve arrested a prolific thief, a man who they say broke into 17 homes within a few miles (kilometers) of each other. They say he wasn’t going for high-end appliances, cash or jewelry: He was in …
Thu, 14 Nov 2019 05:08:01 +0000
Tornado researchers want to know more about how tornadoes form from squall lines in the Wiregrass region of Alabama and Georgia. That part of the South is of interest to Chris Weiss, a professor of atmospheric science at Texas Tech …
Thu, 14 Nov 2019 05:04:59 +0000
Root Insurance, a property casualty insurtech, has launched a streamlined renters insurance designed and personalized for consumers starting at $6 a month. In addition to covering customers’ personal property and liability from accidents, the new Root ...
Wed, 13 Nov 2019 20:37:12 +0000
Tyler Chen, 48, pleaded guilty this week in the Santa Clara County Superior Court in California following his arrest on multiple felony counts of insurance fraud and arson for his role in setting fires in a $4 million fraud scheme. …
Wed, 13 Nov 2019 19:30:00 +0000
What’s in a name? In one case, a new name – one with all the sex appeal that “insurance” can add to a title – has people like Framroze Virjee, president of California State University Fullerton, visibly stoked. “This is …
Wed, 13 Nov 2019 18:06:42 +0000
AM Best on Wednesday said the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Ratings of “a” of California Insurance Co. and its pooled insurance affiliates, collectively referred to as North American Casualty Group, remain u...
Wed, 13 Nov 2019 17:45:12 +0000
More than two dozen cities and counties across Kansas have sued the opioid industry, from a small town with a population of 150 near the Colorado border to the state’s most populous county at its opposite end. More may still …
Wed, 13 Nov 2019 17:43:13 +0000
Regulators have recommended a nearly $73,000 fine against the Iowa Department of Human Services after finding serious workplace safety violations at a state-run psychiatric hospital where several employees have been assaulted by combative patients. Sta...
Wed, 13 Nov 2019 17:28:05 +0000
Researchers are uncertain about the environmental impact of toxic chemicals used to extinguish a three-day blaze at a Houston-area petrochemical storage facility after some leaked into a busy commercial waterway. The fire at the Intercontinental Termin...
Wed, 13 Nov 2019 17:26:48 +0000
Ten people at an Oklahoma care facility for people with intellectual disabilities were hospitalized after they were apparently accidentally injected with what’s believed to be insulin rather than flu shots, authorities said. Emergency responders were c...
Wed, 13 Nov 2019 17:26:10 +0000
Risk Strategies, a privately held, national insurance brokerage and risk management firm, has acquired Zito Insurance Agency, a full service firm headquartered in Mentor, Ohio, northeast of Cleveland. Terms of the deal were not announced. Founded in 19...
Wed, 13 Nov 2019 17:24:53 +0000
Alliant Insurance Services has named John Ludwig has been named co-chief operating officer of Alliant Specialty. He is based in Fort Worth, Texas. Ludwig will work alongside Alliant Specialty Co-COO Michael Cusack to further Alliant’s proven strategy t...
Wed, 13 Nov 2019 16:54:06 +0000
Insurance broker HUB International recently named Jay Virdi as its chief sales officer for its cannabis insurance and risk services in the U.S. and Canada. As chief sales officer, Virdi will focus on further developing expertise and resources across the …
Wed, 13 Nov 2019 16:20:51 +0000
AM Best has revised the outlooks to negative from stable and affirmed the financial strength rating of B+ (good) and the long-term issuer credit rating of “bbb-” of Farmers Mutual Fire Insurance Company of McCandless Township (Farmers), based in Wexfor...
Wed, 13 Nov 2019 16:05:45 +0000
Problematic use of marijuana among adolescents and adults increased after legalization of recreational marijuana use, according to a new study from New York University’s Grossman School of Medicine and Columbia University’s Mailman School of Public Hea...
Wed, 13 Nov 2019 15:56:09 +0000
The widow of a passenger who died in a fiery dive boat disaster that killed 34 people in the waters off California sued the vessel’s owners this week. Christine Dignam, whose husband, Justin Dignam, died when the Conception caught fire …