Industry News

Insurance Journal

South Dakota Researcher Helping to Develop Fire-Risk Estimation

Dec 17, 2018 South Dakota’s state fire meteorologist is part of a coalition using satellite technology to notify fire managers when fuels are abnormally dry. Darren...

Georgia-Pacific to Pay $600K Fine, Spend $4.7M on Upgrades in Arkansas Settlement

Dec 17, 2018 An Arkansas paper mill would pay a $600,000 fine and spend about $4.7 million on environmental projects and plant upgrades to reduce air...

Massive Fire Destroys 28K Square-Foot Kansas Warehouse; Loss Tagged at $1.6M

Dec 17, 2018 Authorities say a massive fire has destroyed a 28,000 square-foot warehouse in a Wichita, Kansas, suburb. Television station KSNW reports that the...

Goughnour Named to Grinnell Mutual’s Board

Dec 17, 2018 Amy Goughnour, mutual manager for Steele Traill County Mutual Insurance Co. in Finley, N.D., has been elected to serve on the board of directors of Grinnell, Iowa-based Grinnell...

Best's Reviews

Lincoln Financial Appoints EVP-General Counsel

Dec 17, 2018 Lincoln Financial Group has appointed Leon Roday as executive vice president and general counsel. He succeeds Kirkland Hicks, who resigned to take a mid-career break...

Federal Judge Strikes Down ACA; Law Remains in Effect Pending Appeal

Dec 17, 2018 Regulators and insurance representatives sharply criticized a ruling by a federal judge striking down the Affordable Care Act as...

Arthur J. Gallagher CEO: Tight Job Market Raising Employee Costs

Dec 14, 2018 The tight job market is making it harder to recruit and fill positions at Arthur J. Gallagher today than just 18 months earlier, J. Patrick...

Former Equine Insurance Agent Pleads Guilty in $1.3 Million Fraud Scheme

Dec 14, 2018 An ex-insurance agent who specialized in selling insurance coverage to horse owners pleaded guilty to fraud charges in connection with a $1...

Claims Journal

‘Ghosting’, Social Stalking: Signs of a Hot Job Market

Dec 17, 2018 Staffing firm Robert Half was recently asked to fill a financial analyst job for a reason that would’ve been unimaginable back in 2008. Its Los Angeles-based client...

Hyundai, Kia Owners Sue Manufacturers, Claim Fires Caused by Engine Defect

Dec 17, 2018 Hyundai Motor Co. and Kia Motors Corp. were sued by U.S. drivers over an alleged defect that could cause certain engines to catch fire, adding pressure...

Panel: Sheriff’s Policy Contributed to Florida Massacre

Dec 17, 2018 The commission investigating a Florida high school massacre heavily criticized the responding sheriff office’s active shooter policy Thursday, saying it contributed...

Allianz: Fires, Explosions Cause Largest Losses for Business

Dec 17, 2018 Globally, the largest financial losses stem from fires/explosions, aviation incidents, faulty workmanship/maintenance incidents, and storms, which collectively...