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News – Claims Journal

Word Choice in Claims Letters, Part 1
The following bullets point out random errors in word choice. You may not lose a client because you make a poor word choice, but you’re not helping the relationship along either. Here are several word choice issues to watch for …

POSTED OCTOBER 20, 2017 4:08 PM
NICB: Record Number of Vehicles Damaged by Recent Hurricanes
Flooded vehicles have finally stopped arriving at the Royal Purple Raceway east of Houston. Some 23,000 now await processing and retitling to be auctioned off for parts or to be scrapped. That is just one of several insurance industry salvage …

POSTED OCTOBER 20, 2017 2:57 PM
NRA’s Latest Coverage Called ‘Murder Insurance’
The National Rifle Association is offering insurance for people who shoot someone, stirring criticism from gun-control advocates who say it could foster more violence and give gun owners a false sense of security to shoot first and ask questions later. …

POSTED OCTOBER 20, 2017 2:10 PM
Lawyers Hunt for California Fires’ Ground Zero to Pursue PG&E
While Northern California continues to burn, lawyers are already combing through the destruction to make a case that PG&E Corp. is to blame. They aren’t waiting for state regulators to investigate as they hunt for proof that power lines downed …

POSTED OCTOBER 20, 2017 9:20 AM
Citing ‘Social Good,’ Insurer Lemonade Adds Restrictions to Firearms Coverage
Online home and rental insurer Lemonade has said it is limiting its coverage for gun owners as part of its commitment to “make insurance into a social good.” Citing the recent Las Vegas mass shooting, Lemonade CEO Daniel Schreiber blogged: …

POSTED OCTOBER 20, 2017 8:52 AM
Researcher Says Motor Vehicle Crashes Are Leading Cause of Teen Deaths
Motor vehicle crashes are the leading cause of death for teens in the United States but a Virginia Tech expert says steps can be taken to reduce high crash rates for new drivers, an important message during this week’s National …

POSTED OCTOBER 20, 2017 8:47 AM
People News: Wells Media, ICW, EFI Global
Wells Media Names Simpson to Senior Strategist Post for Branded Content, Research Wells Media Group has named Pamela Simpson to the position of senior strategist, Branded Content and Research. In this new role, Simpson will work collaboratively with the company’s …

POSTED OCTOBER 20, 2017 8:39 AM
California Regulator Says it May Never Be Known if PG&E Caused Fires
California’s chief utility regulator said the state may never determine whether PG&E Corp.’s electrical equipment played a role in igniting the deadly blazes near San Francisco earlier this month. The wildfires, which have killed at least 42 people and destroyed …

POSTED OCTOBER 20, 2017 8:12 AM
Focus on PG&E as California Wildfire Victims Sue
Northern California homeowners allege in a lawsuit filed Tuesday that Pacific Gas & Electric Co. failed to adequately protect its power lines before the region’s deadly wildfires, a theory that state investigators are considering as they try to determine the …

POSTED OCTOBER 19, 2017 1:38 PM
Business News: Progressive, Hiscox, Berkley Aspire
Progressive Announces New Flo Chatbot Progressive Insurance announced a new Flo Chatbot experience on Facebook Messenger. The tool, enhanced by artificial intelligence and quoting technology, is now available for all Messenger users via Flo, the Progressive Girl’s Facebook page. The …

POSTED OCTOBER 19, 2017 9:21 AM

News – Insurance Journal

Admitted Carriers, CanaBOP Coming to California’s Cannabis Industry
The first admitted insurance carrier has filed to provide coverage to California’s legal cannabis industry and several more carriers have stated their intent to file products, according to state Insurance Commissioner Dave Jones. It also appears that standardized insurance forms …

POSTED OCTOBER 20, 2017 8:24 PM
Swiss Re Adds Management Liability Coverage for Non-Profits, Private Companies
Swiss Re Corporate Solutions has expanded its Executive Risk product offering with the launch of SwissGuard, a multi-coverage, management liability policy designed for non-profit and private companies. SwissGuard insures against directors and officers liability, employment practices liability and fiduciary liability …

POSTED OCTOBER 20, 2017 4:48 PM
Brown & Brown Acquires Louisiana Employee Benefits Firm
Brown & Brown of Louisiana LLC, a subsidiary of Florida-based Brown & Brown Inc., has acquired substantially all of the assets of Lapeyre, Staples & Robichaux, the companies announced. Lapeyre, Staples and Robichaux, based in Houma, Louisiana, specializes in employee …

POSTED OCTOBER 20, 2017 4:46 PM
Texas Windstorm Insurance Association Request to Raise Liability Limits Disapproved
Texas Insurance Commissioner Kent Sullivan has declined to approve a request by the Texas Windstorm Insurance Association to raise the maximum limits of liability on windstorm and hail policies. TWIA in August filed a request to increase the limits for …

POSTED OCTOBER 20, 2017 4:38 PM
Arkansas Officials: Highway Funding May Have to Wait Until 2019
Arkansas highway officials have left open the possibility they’ll take a road funding proposal to lawmakers in 2019 rather than pursue a ballot measure next year. The move comes a day after Gov. Asa Hutchinson said he would oppose any …

POSTED OCTOBER 20, 2017 4:25 PM
Farmers in Upper Midwest Report Damage from Dicamba Herbicide
Hundreds of farmers in the Upper Midwest are reporting damage from the controversial herbicide dicamba, and state officials are considering restrictions for the 2018 growing season that might surpass even new federal rules. The state agriculture departments in North Dakota, …

POSTED OCTOBER 20, 2017 4:23 PM
Iowa’s Grassley in ‘Violent Opposition’ to Withdrawal of Rule Protecting Animal Farmers
The Trump administration’s decision to kill a rule designed to protect the rights of farmers who raise chickens, cows and hogs for the United States’ largest meat processors has infuriated farmer advocates, including a Republican senator from Iowa who said …

POSTED OCTOBER 20, 2017 4:21 PM
North Dakota’s Godfread ‘Excited’ About Technological Innovations in Insurance
North Dakota’s insurance commissioner is bullish on the technological innovations that are occurring within the insurance industry and wants his state to be in the forefront of experimenting with and testing new insurance products and developments. Though in terms of …

POSTED OCTOBER 20, 2017 4:06 PM
Zurich’s Mulligan to Lead Aon Benfield’s U.S. Cyber Practice Group
Reinsurance intermediary Aon Benfield has appointed Catherine Mulligan as managing director and U.S. Cyber Practice Group leader. Mulligan brings underwriting, policy form and product knowledge to Aon’s cyber capabilities for insurers and will be responsible for driving the team’s growth …

POSTED OCTOBER 20, 2017 3:20 PM
Investors Remain Committed to ILS Market Despite Q3 Catastrophes: WTW
ILS investors are responding to the recent spate of natural disasters by making their payments to ceding companies, while continuing to raise more money and preparing to make new investments, according to Willis Towers Watson Securities. None of the third …

POSTED OCTOBER 20, 2017 2:19 PM

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