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News Center

Property Casualty 360

Super Bowl short-term home rentals & insurance coverage
The Minnesota Commerce Department is warning homeowners to learn about insurance and short-term rentals before putting their home on Airbnb.

POSTED JANUARY 19, 2018 1:00 PM
People on the move in the P&C insurance industry: Jan. 19, 2018
News from XL Group Ltd, Lockton, Marshall Dennehey Warner Coleman & Goggin and more.

POSTED JANUARY 19, 2018 8:45 AM
Travelers sues 3 insurance carriers for nonpayment
Travelers sues Nationwide and two others insurance companies claiming it breached its reinsurance contract with the insurance giant.

POSTED JANUARY 19, 2018 6:30 AM
Insurance agent gaming and internal audit
What can advanced analytics reveal that improves the efficiency of employees who investigate and monitor agent performance?

POSTED JANUARY 19, 2018 6:15 AM
Artificial intelligence is changing the world — including insurance
Smart technology is changing customer expectations for insurers and they need to be ready to respond — quickly.

POSTED JANUARY 19, 2018 6:00 AM
Ex-California agent sentenced for stealing $100,000 in premiums, investment funds
An investigation revealed that a former licensed insurance agent collected premium payments from several clients for workers' compensation and commercial general liability, but failed to place coverage with any carrier.

POSTED JANUARY 19, 2018 6:00 AM
How does insurance cover mass shooting events?
New shooting threats increase liability for public venues, risk managers and insurers.

California proposes stronger laws to help wildfire survivors with insurance claims
Commissioner Jones and legislators unveil the Wildfire Survivors Insurance Recovery Blueprint, a series of laws to help wildfire victims with their insurance claims following 2017's string of catastrophic disasters.

POSTED JANUARY 18, 2018 1:00 PM
Vehicle crashes and opioid overdoses drive accidental injury to No. 3 cause of death
The final 2016 data shows a 14% increase in roadway deaths since 2014 — the largest two-year jump in 53 years. Auto insurance costs are also on the rise.

POSTED JANUARY 18, 2018 6:30 AM
When must an insured get its own lawyer?
An insured may think its entitled to separate counsel, but the carrier may disagree. Who wins?

POSTED JANUARY 18, 2018 6:30 AM

News – Insurance Journal

Commercial Automobile Remains Sore Spot in P/C: A.M. Best
The performance of the commercial automobile segment continued to deteriorate through third quarter 2017, according to a new A.M. Best report. Commercial auto has been a sore spot in the property/casualty for several years. Commercial auto insurers have tried to …

POSTED JANUARY 19, 2018 5:49 PM
Sioux Falls, S.D., Scores Record Year for Commercial Construction
Commercial construction climbed to another record-breaking year in Sioux Falls. Building permits issued in 2017 for commercial projects reached $739 million. City leaders say it’s the fifth year in a row that construction has reached record-breaking levels. The city’s biggest …

POSTED JANUARY 19, 2018 5:36 PM
Drone Owners Warned Against Use near Oklahoma Air Force Base
Officials at a northern Oklahoma air force base are asking the public to keep recreational drones away from aircraft after a near collision on a training flight. Lt. Col. Eric Schmidt works at Vance Air Force Base. He told the …

POSTED JANUARY 19, 2018 5:35 PM
Nationwide Chief Information Officer Keller to Retire
Columbus, Ohio-based insurer, Nationwide, announced that Chief Information Officer Michael Keller will retire from his role later this year. Keller has been the CIO for Nationwide since 2001. The company anticipates it will name Keller’s successor sometime in the second …

POSTED JANUARY 19, 2018 5:30 PM
JLT Specialty USA Locating Headquarters in Chicago
JLT Specialty USA, a U.S. subsidiary of Jardine Lloyd Thompson Group plc (JLT), the global specialist risk advisor and broker, has chosen Chicago as its U.S headquarters. The company said it has seen impressive growth over the last three years …

POSTED JANUARY 19, 2018 4:38 PM
People Injured at Riot Sue UC Berkeley, City,
Four San Francisco Bay Area residents who say they were injured by protesters during a riot ahead of a speech by a right-wing provocateur at the University of California, Berkeley filed a lawsuit against the university and the city, their …

POSTED JANUARY 19, 2018 3:51 PM
The MEMIC Group Promotes Cavallaro to Production Underwriter Based in Georgia
To support growth within the Georgia market, workers’ compensation specialist The MEMIC Group has announced the promotion of Ben Cavallaro to the position of production underwriter. A native of Portland, Maine, and resident of Alpharetta, Ga., Cavallaro began his career …

POSTED JANUARY 19, 2018 2:47 PM
Maine Gas Station Fuel Mishap Leads to Damaged Vehicles
Some drivers in Maine say their vehicles were damaged when they purchased fuel that was in the wrong pumps at a gas station. The Kennebec Journal reports all of the drivers filled their tanks at a Mobil station in Waterville …

POSTED JANUARY 19, 2018 2:22 PM
Fire Damages Businesses at New Hampshire Strip Mall, Officials Investigate
Investigators are working to determine the cause of a fire that broke out at a New Hampshire strip mall. Fire officials say none of the stores were open at the time and there were no injuries. WMUR-TV reports firefighters responded …

POSTED JANUARY 19, 2018 2:18 PM
Lockton Hires Steed as Senior Account Executive in South Florida Office
Lockton, a privately held, independent insurance broker, has hired JoAnne Steed in its South Florida operation as a senior account executive. In this role, Steed will be based in Lockton’s Miramar, Fl., office. She will be responsible for client strategy …

POSTED JANUARY 19, 2018 2:01 PM

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