Archive for October 2016

The Arizona Court of Appeals is set to consider reviving a wrongful termination lawsuit filed by five Arizona child welfare workers fired in 2014 amid an agency scandal. The ex-Child Protective Services employees argue they were fired in April 2014 … Read More Read more here:: Insurance Journal       

Grand Rapids, Mich.-based Acrisure LLC has signed a definitive agreement for a management-led buyout of the company, led by Greg Williams, Acrisure’s CEO and co-founder, and a consortium of minority investors. Acrisure management and its operating partners are acquiring control … Read More Read more here:: Insurance Journal       

By Andrew G. Simpson On the verge of last month’s release of Eight Days a Week – The Touring Years, a Ron Howard-directed film showing live performances of The Beatles, a surprising lawsuit was filed by the company assigned Sid Bernstein’s intellectual property. Bernstein … Read More Read more here:: Insurance Journal       

Forecasters at the U.S. Climate Prediction Center issued their U.S. winter outlook today, saying that La Nina is expected to influence winter conditions this year. La Nina favors drier, warmer winters in the southern U.S and wetter, cooler conditions in … Read More Read more here:: Insurance Journal       

By Andrew G. Simpson MetLife Inc., the largest U.S. life insurer, will phase out the use of Snoopy and Peanuts characters in its marketing. The insurer announced a new tagline, “MetLife. Navigating life together,” in what the New York-based company called the most significant … Read More Read more here:: Insurance Journal       

By Andrew G. Simpson Travelers Cos., the sole property/casualty insurer in the Dow Jones Industrial Average, posted its fourth-straight profit decline as weather-related costs climbed and investment income slipped. The stock had the biggest intraday fall since June. Third-quarter net income dropped 23 percent … Read More Read more here:: Insurance Journal       

Steven Zimmerman has joined XL Catlin’s broker and client management team as client distribution leader in Los Angeles, Calif. He reports to Mike Soper, XL Catlin’s U.S. West regional broker and client management leader. Zimmerman has more than 20 years … Read More Read more here:: Insurance Journal       

Researchers at University of California San Diego School of Medicine will join forces with the San Diego Police Department to reduce alcohol-impaired driving among San Diego youth between the ages of 15 to 20. Helped by funding from the California … Read More Read more here:: Insurance Journal       

By Andrew G. Simpson At a time when technology startups are also targeting the small commercial insurance market, giant Allstate has debuted a hi-tech business insurance quoting platform that it says makes it possible for small business owners to buy a policy in about … Read More Read more here:: Insurance Journal