Industry News

Insurance Journal

Shipping Resumes in Houston Channel Closed After Chemical Tank Fire

Mar 26, 2019 The U.S. Gulf Coast’s most important industrial waterway partially reopened on Monday after it was polluted with cancer-causing benzene and toxic...

Arkansas Insurance Department Warns of Fake Auto Policy Scam

Mar 26, 2019 Arkansas Insurance Commissioner Allen Kerr is warning consumers in his state to be wary of individuals posing as car insurance agents to sell fraudulent...

Normandy Insurance Expands Workers’ Comp Coverage to Arkansas

Mar 26, 2019 Deerfield Beach, Florida-based workers’ compensation carrier Normandy Insurance Co. is now offering workers’ compensation insurance to small, mid-...

California Grower Recalling Avocados Over Listeria Fears

Mar 26, 2019 A Southern California company is voluntarily recalling whole avocados over possible listeria contamination. Henry Avocado, a grower and distributor based near San Diego,...

Best's Reviews

Backed by Cohen & Co., Insurance Acquisition Corp. IPO Raises $150.65 Million

Mar 26, 2019 Cohen & Co. Inc.-backed Insurance Acquisition Corp. could seek a deal with carriers or insurance service providers after...

Hawaii Captive Industry Liaison: Japan, US West Coast Boost State’s Captive Growth

Mar 26, 2019 Paul Shimomoto, industry liaison, Hawaii Captive Council, said Japanese-owned captive insurers have surpassed 10% of the state’s...

California DOI to Hold Public Hearing on Automobile Insurance Underwriting

Mar 26, 2019 The California Department of Insurance will hold a public hearing to consider whether automobile insurers should be allowed to consider...

JLT Executive: Public Entities Show Expanded Interest in Captives

Mar 26, 2019 Anne Marie Towle, executive vice president, JLT, said captive insurance arrangements allow public entities greater latitude with reinsurance and...

Claims Journal

Midwest Floods Snarl America’s Already Tough Farm Economy

Mar 26, 2019 About the photo: Floodwaters surround corn sitting under a collapsed grain bin in this aerial photograph over Thurman, Iowa. Photographer: Daniel Acker/Bloomberg Chad...

Avenatti Doubles Down, Says Nike Targeted Him to Cover ‘Crimes’

Mar 26, 2019 California lawyer Michael Avenatti brushed aside accusations by federal prosecutors that he tried to extort millions of dollars from Nike Inc., tweeting to thank...

Purdue to Pay $270M to Settle Okla. Opioid Lawsuit

Mar 26, 2019 Purdue Pharma LP and the Sackler family will pay $270 million to settle Oklahoma’s claims that illegal marketing of the Oxycontin painkiller devastated local communities,...

Number of Vehicle Thefts with Keys Left Inside Growing Fast

Mar 26, 2019 U.S. motorists appear to forgetting one of the earliest lessons of car ownership: Don’t leave your keys in the car. The National Insurance Crime Bureau reported...