Archive for March 2016

President Barack Obama has signed a disaster declaration to help parts of New Jersey recover costs stemming from the blizzard dumped nearly 3 feet of snow in January. The White House says federal funding is available to state and local … Read More Read more here:: Insurance Journal       

The Massachusetts Division of Insurance said this month that it has opened an investigation into Zenefits, a human resources software startup. Founded in 2013, the San Francisco-based Zenefits offers software to small- and mid-sized businesses to help automate their HR … Read More Read more here:: Insurance Journal       

Highway officials say flooded Interstate 10 in Southeast Texas will stay closed through the weekend. Transportation officials closed the eastbound lanes early on March 15 as rising waters from excessive rains flooded the roadway. Westbound lanes were closed on March … Read More Read more here:: Insurance Journal       

The National Weather Service confirmed that on tornadoes touched down this week in parts of eastern Iowa that also endured heavy rain and hail as large as golf balls. Tornadoes also touched down at least five times in central and … Read More Read more here:: Insurance Journal       

Missouri lawmakers in both chambers say passing statewide regulations for app-based car services will lead to thousands of new jobs. Uber’s general manager for Missouri Sagar Shah said that regulations making their way through the Legislature would allow the company … Read More Read more here:: Insurance Journal       

Deborah M. Pickford has joined InVEST, the insurance industry’s classroom-to-career education program that is in more than 600 colleges and high schools, as executive director. Pickford will replace Diane Mattis, who served as InVEST executive director since 2010 and will … Read More Read more here:: Insurance Journal       

After three straight years of moderate increases, insurance premiums for architects and engineers professional liability leveled off in 2015. A new survey by insurance broker Ames & Gough also found that insurers plan to keep rates stable this year in … Read More Read more here:: Insurance Journal       

Bangladesh police launched a criminal investigation on Thursday into the cyber theft of $81 million from the central bank’s U.S. account but said it was too early to pinpoint any suspects. The money was transferred to accounts in the Philippines, and a … Read More Read more here:: Insurance Journal       

Fitch Ratings has upgraded Ageas SA/NV’s long term Issuer Default Rating (IDR) to ‘A’ from ‘A-‘. The outlook on the IDR is stable. Ageas SA/NV is the ultimate holding company of the Ageas group (Ageas). Fitch has also affirmed Ageas … Read More Read more here:: Insurance Journal