Archive for December 2016

By L.S. Howard Hannover Re received the approval (R3) to establish a branch in India from the Insurance Regulatory and Development Authority of India (IRDAI). The opening up of the Indian market to foreign reinsurers enables Hannover Re to enjoy direct access to … Read More Read more here:: Insurance Journal       

By L.S. Howard The Philippine coast guard pressed its search Tuesday for 18 crewmen from a cargo ship that sank at the height of Typhoon Nock-Ten, which struck the country on Christmas Day. Coast guard spokesman Armand Balilo said 14 other crewmen have been rescued … Read More Read more here:: Insurance Journal       

By Don Jergler The parents of a 20-year-old college student who died in the arms of her boyfriend in Oakland’s deadly warehouse fire filed the first lawsuit Friday in the disaster, blaming the building’s owner, chief tenant and others. The lawsuit, filed in … Read More Read more here:: Insurance Journal       

Uber and Lyft drivers in Maryland won’t have to submit their fingerprints for background checks after the ride-hailing companies complained about the proposal. The Maryland Public Service Commission announced Thursday that it has approved an alternative background check process for … Read More Read more here:: Insurance Journal       

By Elizabeth Blosfield Neighbors of Dartmouth College property where for years the Ivy League school disposed of mice and other small animals used in science experiments say they fear pollution from the site has contaminated their groundwater and they worry the school hasn’t … Read More Read more here:: Insurance Journal       

By Elizabeth Blosfield A school transit company with a $2.4 million contract to provide rides to special needs students in a Pittsburgh-area charter school network has been charged with failing to properly insure some vehicles and hiring drivers with criminal records by ignoring … Read More Read more here:: Insurance Journal       

State authorities say a former insurance agent assumed the identities of former clients to fraudulently apply for new life insurance policies in their names. Marta Cristina Cunha is charged with insurance fraud, identity theft and theft by deception. Authorities say … Read More Read more here:: Insurance Journal       

Projections show that the Surplus Lines Stamping Office of Texas is on track to surpass fourth quarter premium totals set in the past two years, according to data prepared by the office. The amount of surplus lines filings with SLTX … Read More Read more here:: Insurance Journal       

The H-E-B grocery store chain has recalled some bulk and packaged raw shelled pistachios. San Antonio-based H-E-B said this week there’s a potential that the pistachios could be contaminated with salmonella. There are no reports of anyone getting sick. The issue … Read More Read more here:: Insurance Journal