Industry News

Insurance Journal

Part of Houston Port Closed for Third Day, Texas Sues ITC as Chemical Fire Cleanup Continues

Mar 24, 2019 Ship traffic was halted for a third day on Sunday along a key stretch of the United States’ busiest oil port as emergency...

California Worker’s Compensation Institute Elects 2019 Board

Mar 22, 2019 Rose Barrett of the Berkshire Hathaway Group was reelected as the chair of the California Workers’ Compensation Institute board of directors for 2019. Barrett,...

Lockton, Children’s Bureau Honored by Insurance Industry

Mar 22, 2019 Service was at the heart of Timothy J. Noonan’s main message. The Lockton Cos. president and CEO was talking about the service insurance professionals give to their...

New Coalition Cyber Policy for Manufacturers Covers Security Failures, Data Breaches

Mar 22, 2019 Coalition, a cyber insurance company for small and midsize businesses, has launched a full-spectrum coverage to insure manufacturers against...

Best's Reviews

BestWeek: Without Reforms, Florida AOB Lawsuits Could Spread to Commercial Lines

Mar 22, 2019 A problem that has recently plagued homeowners lines, assignment of benefits lawsuits in Florida, could now spread to commercial...

Illinois Supreme Court Rules Indexed Annuities Are Not Securities

Mar 22, 2019 The Illinois Supreme Court ruled unanimously that indexed annuities are insurance products and not securities under Illinois state law. The court...

Artex Co-Founder Rejoins Company as CEO

Mar 22, 2019 Peter Mullen has rejoined Artex Risk Solutions Inc., the company he helped found, as chief executive officer. He succeeds David McManus, who will assume the new role of...

AM BestTV: Blockchain Already a Presence in Captive Insurance Sector, Says Captive Panel

Mar 22, 2019 In this episode of AM BestTV, a panel of captive insurance experts at the Captive Insurance Companies Association (CICA)...

Claims Journal

Last Customers Being Reconnected to Puerto Rico Power Grid

Mar 22, 2019 SAN JUAN, Puerto Rico — Crews were preparing Wednesday to shut down generators that have powered an island off Puerto Rico’s coast — the last customers...

Museum Recreates Katrina’s Muck in New Orleans

Mar 22, 2019 About the photo: Artist Aaron Angelo takes a sledgehammer to the leg of a baby grand piano in a house where two rooms are being transformed to look as they might have looked...

Indonesian Airline Cancels Boeing 737 Max Order as Airline Plans Retrofit

Mar 22, 2019 AKARTA/OSLO — Indonesian airline Garuda plans to cancel a $6 billion order for Boeing 737 MAX jets, it said on Friday, saying some passengers...

Sackler Family Accused in New Claim of Causing Opioid Crisis

Mar 22, 2019 The billionaire family that owns opioid-maker Purdue Pharma LP has been accused in a new lawsuit of causing the nationwide public-health crisis involving pain-killing...