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News – Insurance Journal

UK-EU Post-Brexit Trade Deal ‘Desirable but Not Essential’: Report
A UK trade deal with the European Union after Brexit is desirable but not essential, the Institute of Economic Affairs said, in support of Prime Minister Theresa May’s repeated assertion that no deal is better than a bad deal. Britain …

POSTED AUGUST 18, 2017 6:36 AM
5 Suspected Terrorists Shot Dead by Police After Barcelona’s Deadly Attack
Five suspected terrorists were killed by police and six civilians were injured in a confrontation in a town south of Barcelona, hours after 13 people died when a van rampaged down the city’s iconic Las Ramblas avenue. One Catalan police …

POSTED AUGUST 18, 2017 5:30 AM
5 Reasons Cyber Security Is Failing and What P/C Insurers Can Do About It
Businesses are spending a small fortune on cyber security but what they are doing is not working very well, according to a cyber security expert who sees the insurance industry as a key to improving the situation. “We have a …

POSTED AUGUST 18, 2017 5:00 AM
GOP Facing Resistance to State Bills Shielding Drivers Who Hit Protester
Republican lawmakers in six states have pushed this year for legal protections for motorists who hit protesters blocking traffic. Fairly or not, they’re facing an intense backlash now that violent images of a car ramming into a crowd protesting a …

POSTED AUGUST 18, 2017 5:00 AM
Lawsuit Claims U.S. Delinquent in Enforcing Rear Passenger Seat Belt Law
A new lawsuit accuses the U.S. government of being too slow to implement rules requiring that rear seat vehicle passengers be warned when they fail to buckle their seat belts. In a complaint filed on Wednesday, two nonprofits said the …

POSTED AUGUST 18, 2017 5:00 AM
Drug Company Deflects Blame in Lawsuit Over West Virginia Opioid Crisis
A West Virginia city’s lawsuit against a drug company has led to a dispute over which is at fault in the opioid epidemic. The Charleston Gazette-Mail reported last week that one of the nation’s largest drug wholesalers is attempting to …

POSTED AUGUST 18, 2017 4:31 AM
Florida Official Pushes Back On Reports of Highway Patrol Ticket Quotas
The head of the Florida agency that oversees state’s highway patrol insists troopers don’t have ticket quotas. Terry Rhodes on Tuesday told Gov. Rick Scott and members of the state Cabinet that her agency is reminding all supervisors that quotas …

POSTED AUGUST 18, 2017 4:21 AM
Private Equity Owner Weighs Selling Partial Stake in Insurance Broker HUB International: Reuters
Hellman & Friedman LLC is exploring the sale of a stake in HUB International Ltd. in a deal that could value one of the largest North American insurance brokerages at between $6 billion and $7 billion, including debt, people familiar …

POSTED AUGUST 18, 2017 2:03 AM
Middle Market Growth Spells Opportunity for California’s Insurance Community
The insurance community has at least two reasons to be interested in a new report on middle market companies, particularly those who are doing business in California. According to a report released this week from American Express and Dun & …

POSTED AUGUST 17, 2017 9:56 PM
Report: Written Premiums for California Comp Insurers to be Flat Through 2017
Written premiums from workers’ compensation insurers in California for the year are expected to be flat at $18.1 billion compared with 2016 thanks largely to rate decreases, according to analysts with the Workers’ Compensation Insurance Rating Bureau. Premiums doubled from …

POSTED AUGUST 17, 2017 7:44 PM

NOTICE: The links and articles found on or within this news center are simply for informational purposes that we believe may be of benefit to our clients and/or website visitors. By providing these links on our website, we are not recommending or endorsing the use of the particular products or services these third parties offer. Nor does Heil and Kay Insurance Agency Inc. confirm, corroborate or agree to the statistics or opinions on these links and articles. We urge you to review each website’s Privacy Policy, Disclaimers, and develop an independent opinion of the service or product for any link pursued.

 

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