Archive for October 2016

By Andrew G. Simpson The world’s largest publicly traded property/casualty insurance company, Chubb Limited, reported net income for the quarter ended Sept. 30, 2016 of $1.36 billion, or $2.88 per share, compared with $528 million, or $1.62 per share, for the same quarter last … Read More Read more here:: Insurance Journal       

Drought conditions are making it harder to fight wildfires and New Hampshire residents should be vigilant about the increased threat, state forestry and fire officials say. Conditions range from abnormally dry to extreme drought in southern New Hampshire, making this … Read More Read more here:: Insurance Journal       

First-time claims for unemployment insurance in Louisiana for the week ending Oct. 15 increased from the previous week’s total. The state labor department figures show the initial claims rose to 2,674 from the previous week’s total of 2,558. For the … Read More Read more here:: Insurance Journal       

By Don Jergler The Arkansas Supreme Court has overturned a man’s driving while intoxicated conviction, agreeing with the state Court of Appeals that it resulted from an unconstitutional sobriety checkpoint. Justices reversed Jeremy Whalen’s 2014 conviction that followed his arrest at an Arkansas … Read More Read more here:: Insurance Journal       

The number of flood insurance policies sold in Iowa dropped 22 percent between 2011 and this year, but it’s hard to determine the reason for the decline. The Des Moines Register reported the number of policies fell to 13,872 at … Read More Read more here:: Insurance Journal       

President Barack Obama has signed a disaster declaration for 11 Kansas counties hit hard by last month’s severe storms and flooding. The declaration means federal funding is now available for state and eligible local government and some nonprofit organizations. The … Read More Read more here:: Insurance Journal       

New Mexico employers could see a decrease in their insurance costs for on-the-job injuries and deaths. The state Office of Superintendent of Insurance says a key factor in calculating individual employers’ workers’ compensation costs will drop by an average of … Read More Read more here:: Insurance Journal       

The family of a Des Moines, Iowa woman who died of a prescription-drug overdose is appealing a judge’s rejection of their motion seeking to name the doctor’s former health system as defendants. Brandy Stoutenberg’s relatives originally blamed Dr. Daniel Baldi … Read More Read more here:: Insurance Journal       

Several earthquakes have been recorded in northwest Oklahoma during the past two days, including one of magnitude 4.0. No injuries or significant damage have been reported. The U.S. Geological Survey reports a 4.0 and 3.5 magnitude quakes Friday afternoon near … Read More Read more here:: Insurance Journal