Industry News

Business Insurance

Jimmy John’s FLSA franchisee lawsuits can proceed

Dec 15, 2017 Plaintiffs who have filed Fair Labor Standards Act litigation against franchisees of Jimmy John’s L.L.C. will not have...

Reconfigured NLRB board rolls back Obama-era rulings

Dec 15, 2017 A newly appointed Republican majority on the National Labor Relations Board has overturned two Obama...

Ashley Judd urges women and men to find solutions to harassment

Dec 15, 2017 Actress and humanitarian Ashley Judd urged attendees of Business Insurance’s Women to Watch...

Cal/OSHA cites three contractors for Oakland structure collapse

Dec 15, 2017 The California Occupational Safety and Health Administration has cited three contractors a total of...

Best's Reviews

MetLife CEO: Lighter Regulations, Tax Reform Brightens 2018 Outlook

Dec 15, 2017 The prospect of a reduced regulatory burden coupled with a potential deep reduction in the corporate tax rate could lessen financial headwinds...

A.M. Best Affirms Credit Ratings of Sovereign Assurance Company Limited

Dec 15, 2017 A.M. Best has affirmed the Financial Strength Rating of A+ (Superior) and the Long-Term Issuer Credit Rating of “aa-” of Sovereign Assurance...

Former Novae Executive Patten Joins Hamilton Underwriting as Head of Casualty

Dec 15, 2017 Robert Patten has joined Hamilton Underwriting Ltd., as the company’s new head of casualty. Hamilton Underwriting Limited Chief...

Fidelis Takes Equity Stake in New Surety MGA Firestone

Dec 15, 2017 Fidelis Insurance Holdings Ltd. said it took an equity stake in a new managing general agency that will focus on the small and medium-size enterprises...

Insurance Journal

Trump’s Labor Board Overturns Obama ‘Joint Employer’ Rule

Dec 15, 2017 A U.S. labor board on Thursday overturned an Obama-era ruling that had made it easier for unions and workers to hold companies accountable for practices of contractors...

Florida Disaster Fraud Team Investigation Leads to False Claim Arrest

Dec 15, 2017 A Florida man was arrested last month after he was caught lying to his insurance company in an attempt to file a false insurance claim for vehicle for...

Issuer Credit Rating of Ohio’s Affinity Mutual Insurance Co. Downgraded

Dec 15, 2017 A.M. Best announced it has has downgraded the Long-Term Issuer Credit Rating (Long-Term ICR) to “bbb” from “bbb+” and affirmed the...

OSHA Rule Requiring Electronic Reporting of Injuries Goes Into Effect

Dec 15, 2017 A federal rule requiring certain employers to electronically submit injury and illness reports goes into effect today. The rule applies to businesses in...

Property Casualty 360

People on the move in the P&C insurance industry: Dec. 15, 2017

Dec 15, 2017 News from Hanover Stone Partners, Aon, Brit Ltd and more.

7 tips for a more effective insurance claim

Dec 15, 2017 Involving the insurance broker in the claim can help policyholders better navigate the process.

6 behaviors that could spawn a sexual harassment lawsuit

Dec 15, 2017 Sexual harassment scandals loom large among the events that shaped 2017.

Houston federal judge denies churches' request for Hurricane Harvey relief funding

Dec 15, 2017 A U.S. District Judge has rejected an attempt by three religious organizations to receive FEMA...

Claims Journal

Linking Your Thoughts With a Semicolon

Dec 15, 2017 People are always confusing the semicolon with the colon, but they are quite different. All of the comma rules, in one way or other, are separating a dependent clause from the rest of the...

NTSB Blames Cruise Ship’s Navigators for Dock Crash

Dec 15, 2017 A federal report blamed cruise ship’s navigators for the boat crashing into a Ketchikan dock last year in Alaska, causing more than $1 million dollars in damage. The National...

PolyMet Offers $544M as Insurance Against Possible Mine Cleanup Costs

Dec 15, 2017 PolyMet Mining Corp. is offering the state a $544 million package of financial assurances to serve as an insurance policy to protect taxpayers from potentially...

Drone’s Ease Piercing New York ‘No-Fly’ Zone Underscores Risks

Dec 15, 2017 A recreational drone operator whose device smashed into a U.S. Army helicopter in September flew undetected into a no-fly zone over New York set up to protect President...