Industry News

Insurance Journal

Pennsylvania’s PLM Names Selfe Vice President of Information Technology

Jul 21, 2017 Pennsylvania and Indiana Lumbermens Mutual Insurance Companies (PLM), a property and casualty insurance carrier based in Philadelphia, Penn., has named Erin...

Additional Homes at Risk as Florida Sinkhole Widens

Jul 21, 2017 Florida sinkhole that swallowed two homes last week isn’t getting any deeper, but it’s getting wider, officials said Wednesday –and one resident who’s back...

Academics in Hawaii Developing Flood Alert System

Jul 21, 2017 An alert system is being developed to give West Maui residents a six-day heads up when large wave and flooding events are possible. The University of Hawaii ocean observation...

Alaska Fatal Airplane Crash Getting NTSB Hearing

Jul 21, 2017 A National Transportation Safety Board investigative hearing in Alaska next month on a fatal commercial airplane crash will be the first held outside of Washington, D.C., in nearly...

Best's Reviews

A.M. Best Removes From Under Review With Positive Implications and Upgrades Credit Ratings of KB Insurance Co., Ltd.

Jul 21, 2017 A.M. Best has removed from under review with positive implications and upgraded the Financial...

Markel Names Head of Retail Construction for Expanding Excess Casualty Team

Jul 21, 2017 John Ferguson was appointed director of Markel Corp.’s New York-based U.S. excess casualty team and leader of the team’s retail...

Beazley Cites ‘Excellent Investment Return’ in First-Half Profit Rise

Jul 21, 2017 Pointing to “an excellent investment return,” Lloyd’s insurer Beazley plc reported pretax profits of $158.7 million in the first half of 2017...

Hannover Re Closes on Acquisition of Lloyd’s Underwriter Argenta

Jul 21, 2017 Hannover Re said it completed its acquisition of Argenta Holdings Ltd., which owns Argenta Syndicate Management and Argenta Private Capital, along...

Business Insurance

The BI Top 10

Jul 21, 2017 Executive moves at Chubb, Lockton and Marsh, along with a ruling on a $43 million amputation case, topped this week's most popular stories.

MasterCard says $18 billion British class action lawsuit blocked

Jul 21, 2017 (Reuters) — A £14 billion ($18 billion) class action lawsuit against Mastercard Inc. for...

Magnitude-6.7 quake strikes Aegean Sea resorts

Jul 21, 2017 A 6.7-magnitude struck the Turkish resort cites of Bodrum and Marmaris and the Greek island Kos in the Aegean Sea on July 21 causing a...

Claims Journal

Fraud News: Attorney Takes Client’s Money, Fire Captain Files Fake Claim

Jul 21, 2017 Kentucky attorney charged with defrauding insurance clients A Kentucky attorney is facing charges in federal court that he defrauded clients out of their...

Hazard Mitigation Program Aims to Strengthen Louisiana Against Storms

Jul 21, 2017 Louisiana will spend nearly $277 million in federal cash it received after last year’s floods to fortify communities against future disasters, mainly...

Some Determined to Stay Even as Florida Sinkhole Grows Wider

Jul 21, 2017 The Florida sinkhole that swallowed two homes last week isn’t getting any deeper, but it’s getting wider, officials said Wednesday – and one resident...

No Real Rule on How Hot is too Hot on a Plane

Jul 21, 2017 Every day, tens of thousands of U.S. airline passengers settle into their seats, lower the window shades and reach up to twist the air vents without the benefit of something that...

Property Casualty 360

How to embrace confrontation and grow your insurance agency business

Jul 21, 2017 If your goal is to retain clients and to grow your business, you should not run from confrontation.

Top 5 steps for a bicyclist involved in a crash

Jul 21, 2017 Insurance agents often have P&C insurance clients that are avid cyclists. Here's an article to share that offers helpful tips for dealing...

Zen and the art of insurance agency management

Jul 21, 2017 Here are 5 steps that can redirect your mind away from a fearful future and toward a happy present.

Latest explosive California wildfire destroys dozens of homes [slideshow]

Jul 21, 2017 California's Detwiler fire has grown to more than 100 square miles and forced thousands to flee their homes.