Archive for September 2017

By Stephanie K. Jones Wisconsin is among a handful of states that are covering student athlete concussions with a new insurance policy from the state’s regulatory body for all high school sports. The Wisconsin Interscholastic Athletic Association will have access to concussion insurance free … Read More Read more here:: Insurance Journal       

By Stephanie K. Jones Baton Rouge, Louisiana-based workers’ compensation insurance provider, LCTA Workers’ Comp (LCTA), has acquired Risk Management Resources and created a new subsidiary, LCTA Specialty Insurance Co. Risk Management Resources, which provides independent risk management consulting services to corporations and public entities, … Read More Read more here:: Insurance Journal       

Chubb Limited intends to relocate its European Union headquarters to France if the United Kingdom leaves the EU as expected in March 2019. The insurer said the decision to choose France as Chubb’s preferred post-Brexit headquarters for its Continental European … Read More Read more here:: Insurance Journal       

By Don Jergler A federal appeals court has temporarily blocked Seattle’s first-in-the-nation law allowing drivers of ride-hailing companies such as Uber and Lyft to unionize over pay and working conditions. A three-judge panel of the 9th U.S. Circuit Court of Appeals said it … Read More Read more here:: Insurance Journal       

By Don Jergler The Workers’ Compensation Insurance Rating Bureau on Friday submitted an amended Jan. 1, 2018 pure premium rate filing to the California Department of Insurance. The amended filing was based on the WCIRB’s recent review of June 30 loss experience, which … Read More Read more here:: Insurance Journal       

By Stephanie K. Jones Columbus, Ohio-based State Auto Insurance Group (State Auto) is reviewing options for its excess and surplus (E&S) lines business, including a possible sale, the company said in an announcement. State Auto has a market valuation of about $981 million, according … Read More Read more here:: Insurance Journal       

By Don Jergler Motel 6 has agreed to pay $250,000 to settle a lawsuit alleging one of its properties in Los Angeles was a base for sex trafficking, drug dealers and gang members. City Attorney Mike Feuer told The Associated Press on Wednesday … Read More Read more here:: Insurance Journal       

By Don Jergler The California Legislature backed a measure this week that could require Wells Fargo to go to court with consumers who say they were harmed by the bank’s fake account scandal. The legislation would prohibit the San Francisco-based bank in some … Read More Read more here:: Insurance Journal       

By Andrew G. Simpson ICICI Lombard General Insurance Co Ltd’s initial public offering of shares opening next week aims to raise up to 57 billion rupees ($892 million), the latest listing in what is expected to be a record-setting year for India. India has … Read More Read more here:: Insurance Journal