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Ferris Wheel Owner Says Injured Kid At Fault for Tennessee Fair Accident

The owner of a Ferris wheel in which four people were injured in Tennessee last year has responded to lawsuits over the incident, saying that one of the injured children was to blame for a gondola overturning. The Greeneville Sun …

Chemical Explosion at Florida Food Warehouse Injures 3

Authorities say three people suffered injuries in a chemical explosion at a Florida warehouse. Lakeland Fire Department officials said about 50 people were eflvacuated from the area around the Natural Advantage Food Flavorings plant on Friday afternoon. Sixteen people, including …

Agriculture Officials Say Florida Crops Devastated by Irma

Florida’s agriculture commissioner said Monday that the path of Hurricane Irma “could not have been more lethal” to the state’s farmers and that the scope of damage to the state’s fruits and vegetables is unprecedented. Commissioner Adam Putnam, along with …

Hurricane Maria targets St. Croix and Puerto Rico after ripping up Dominica

Breaking News from Business Insurance - Tue, 09/19/2017 - 14:55
(Reuters) — Hurricane Maria, the second maximum-strength storm to rage over the Caribbean this month, killed at least one person in Guadeloupe and barreled toward the Virgin Islands and Puerto Rico on Tuesday after devastating the small island nation of Dominica.

Irma flood, wind losses could reach $12 billion: CoreLogic

Breaking News from Business Insurance - Tue, 09/19/2017 - 14:41
Insured flood losses from Hurricane Irma for commercial properties is estimated at $4 billion to $8 billion, with wind damage estimated at $2.5 billion to $4 billion, CoreLogic Inc. said Tuesday.

California Commissioner Sums up Trump Battle, High on Cannabis Insurance

Insurance Journal News and Information - Tue, 09/19/2017 - 14:21
It’s David vs. Goliath. That about sums up California Insurance Commissioner Dave Jones’ feelings on his efforts to keep the remnants of Obamacare up and running in his state while President Trump does his best to repeal and replace it. …

Travelers’ Cunningham Joins Liberty Mutual to Lead National Insurance Property

Insurance Journal News and Information - Tue, 09/19/2017 - 13:51
Liberty Mutual Insurance has appointed Gregg Cunningham as executive vice president, National Insurance, and general manager, National Insurance Property. Cunningham, who has 25 years of commercial insurance experience, leads the area of Liberty Mutual that provides property insurance, inland marine …

XL Catlin to move EU insurance operations to Ireland in response to Brexit

Breaking News from Business Insurance - Tue, 09/19/2017 - 13:33
XL Group Ltd. says it will move XL Insurance Co. S.E., its principal European Union insurer, to Ireland from the United Kingdom in 2018 in response to Brexit.

Massachusetts sues Equifax as hack concerns spread to Canada

Breaking News from Business Insurance - Tue, 09/19/2017 - 13:28
Massachusetts Attorney General Maura Healey filed a lawsuit on Tuesday against credit reporting firm Equifax Inc. following a breach that exposed the personal data of up to 143 million people, including 3 million in the state.

Insured vs. insured exclusion shields Beazley in D&O coverage dispute

Breaking News from Business Insurance - Tue, 09/19/2017 - 13:12
Beazley Insurance Co. Inc. is not obligated to indemnify the directors of a now-dissolved company based on the insured vs. insured exclusion in its directors and officers liability policy, says a federal appeals court.

Percent of Indiana Residents Without Health Insurance Declines

Insurance Journal News and Information - Tue, 09/19/2017 - 11:19
A U.S. Census Bureau report has found that Indiana had 373,000 fewer people without health insurance last year than three years earlier. The report released last week said about 8 percent of Indiana residents, or about 530,000 people, lacked medical …

Iowa Workers’ Comp Rate to Drop in 2018; Debate On as to Why

Insurance Journal News and Information - Tue, 09/19/2017 - 11:16
Iowa’s governor and the organization that sets workers’ compensation rates are disputing whether a new law influenced a recent rate reduction in premiums for employers. The National Council on Compensation Insurance announced an 8.7 average premium reduction for Iowa employers …

Ohio Insuretech, Bold Penguin, Appoints Metcalf as Chief Financial Officer

Insurance Journal News and Information - Tue, 09/19/2017 - 11:05
Bold Penguin, a Columbus, Ohio-based insurtech providing an online marketplace for commercial lines property and casualty (P/C) agents, has hired former Ohio Deputy Treasurer Seth Metcalf as the company’s chief financial officer (CFO). Most recently, Metcalf spearheaded several successful, award-wining …

Rain and Snow Help Montana Wildfires But Won’t End Season

Insurance Journal News and Information - Tue, 09/19/2017 - 10:13
Rain snow and cold have replaced heat and smoke after about two dry months on Montana’s fire lines, leaving crews scrambling for extra sleeping bags, heaters, coats and long underwear. While the change in weather is welcome, it brings its …

Mailman gets carried away with fraudulent workers comp claim

Breaking News from Business Insurance - Tue, 09/19/2017 - 10:13
A U.S. Post Service employee in Cape May County has been charged with stealing more than $75,000 in federal workers comp benefits after vacation photos he posted on Facebook allegedly show him zip lining and rock rappelling while purportedly out of work with a wrist injury.

Advocates Rally Behind New Federal Bill to Fix New York’s Scaffold Law

Insurance Journal News and Information - Tue, 09/19/2017 - 10:11
The Lawsuit Reform Alliance of New York (LRANY) today will join the New York State Association for Affordable Housing (NYSAFAH), Habitat for Humanity, MWBE contractors and other construction and business organizations to applaud Rep. John Faso for introducing the Infrastructure …

M5.1 Quake Rattles Alaska

Insurance Journal News and Information - Tue, 09/19/2017 - 10:11
A Magnitude 5.1 earthquake shook Alaska about 135 miles northwest of the state’s capital city Juneau, the Alaska Earthquake Center confirmed. Coincidentally, the City and Borough of Juneau’s Disaster Preparedness Expo was winding down as the earthquake hit Saturday afternoon. …

Dietz, Gilmor & Chazen Makes 3 Partner Promotions in California

Insurance Journal News and Information - Tue, 09/19/2017 - 09:53
Dietz, Gilmor & Chazen has promoted Robert E. Robinson, Richard A. Lynn and Robert Lance to partners in the firm in California. All three newly promoted partners were previously with Dietz, Gilmor & Associates, before the firm became Dietz, Gilmor …

The Hilb Group Acquires Massachusetts’ Mid-State Insurance Agency

Insurance Journal News and Information - Tue, 09/19/2017 - 09:51
The Hilb Group LLC (THG), a property and casualty insurance and employee benefits broker based in Richmond, Va., has announced the acquisition of Massachusetts-based Mid-State Insurance Agency Inc. (MSIA). The transaction became effective September 1, 2017. MSIA is THG’s 37th …