Archive for October 2016

By Amy O’ Connor Anita Van Beveren has been returning day after day to watch the brown floodwater creep toward the rental home she shares with her two teenage children. While she got many belongings out, they couldn’t move everything – a bicycle is … Read More Read more here:: Insurance Journal       

By Elizabeth Blosfield Panelists at a recent New York event hosted yesterday by Lloyd’s, the world’s specialist insurance market, and the American Security Project, a nonpartisan national security think-tank, urged the insurance industry to plan ahead and work to better understand how to … Read More Read more here:: Insurance Journal       

Washington state asked a federal judge this week to issue an injunction requiring the U.S. Department of Energy and its contractor to take steps to protect workers at a major nuclear waste storage site. Washington state Attorney General Bob Ferguson … Read More Read more here:: Insurance Journal       

A former Brigham Young University-Hawaii student has filed a lawsuit alleging the school’s honor code prevented her from seeking help after she was sexually assaulted. The Salt Lake Tribune reported that the lawsuit, filed Sept. 30 in Honolulu, claims the … Read More Read more here:: Insurance Journal       

By Andrew G. Simpson AllianceBernstein Holding LP became another victim of the hedge fund rout when American International Group Inc. decided to wind down a six-year relationship with the asset manager. AIG was the ” most significant” driver of outflows last month as the … Read More Read more here:: Insurance Journal       

By Andrew G. Simpson A new regulation that will force U.S. trucking companies to electronically log employee hours is designed to limit accidents by keeping tired drivers off the road. It may also drive smaller trucking firms out of business. A trucking industry survey … Read More Read more here:: Insurance Journal       

Insurance fraud cases investigated by Washington Insurance Commissioner Mike Kreidler’s special investigations unit have resulted in felony convictions against three people. David Cook, 51, pleaded guilty in Pierce County Superior Court of attempted first-degree theft. He is in Pierce County … Read More Read more here:: Insurance Journal       

By Andrew G. Simpson United States Aviation Underwriter Inc. (USAU), the manager of the United States Aircraft Insurance Group (USAIG), announced that David McKay, chairman and chief executive officer, plans to retire after nearly 40 years with the company. McKay’s retirement will be effective … Read More Read more here:: Insurance Journal       

By L.S. Howard Finance executives should consider slashing their own paychecks as the U.K. works to exit the European Union in order to win back the trust of people who have lost faith in large businesses, according to Lloyd’s of London Chief Executive … Read More Read more here:: Insurance Journal