Home

WE CAN’T READ MINDS…
But we do have exceptional
Coverage Expertise >
Today’s Insurance News
Source: Insurance Journal
Bayer Seeks Dismissal of $78M Roundup Glyphosate Verdict or New Trial
Brendan Pierson - April 25, 2019, 1:14 pm
Bayer AG on Wednesday asked a California appellate court to throw out a $78 million judgment it was ordered to pay to a school groundskeeper who claimed the company’s weed killers gave him cancer. In a filing in California’s Court …
Direct-to-Consumer Auto Insurers Grabbing Market Share
- April 25, 2019, 1:03 pm
Direct-to-consumer auto insurers appear to be gaining serious market traction, according to a report from J.D. Power. The firm reports that auto insurance revenue hit $245 billion in 2018, reflecting industrywide growth of 6.2 percent. But 54 percent of those …
Upstate New York Prepares as Lake Ontario Water Rises Again
- April 25, 2019, 12:57 pm
Emergency officials in upstate New York are again preparing for possible flooding along Lake Ontario. Niagara County’s director of emergency services, Jonathan Schultz, says lake levels have risen about five inches in 10 days. Recent heavy rains, seasonal thaw and …
Indictment Alleges Ex-CEO Ignored Red Flags as Opioid Crisis Raged
Michael R. Sisak - April 25, 2019, 12:54 pm
The pharmaceutical industry executive hit Tuesday with criminal charges stemming from the opioid crisis doesn’t have his name on a museum wing, and his company isn’t within earshot of Apple or anyone else on the Fortune 500. Even his $1.5 …
NTSB Cites Poor Planning for Toy Run Crash That Killed Two in Maine
- April 25, 2019, 12:43 pm
The National Transportation Safety Board faults law enforcement planning in a report on a double fatal crash during the United Bikers of Maine Toy Run in September 2017. The report, released Tuesday, said an unsafe maneuver by a motorcycle rider …
Board Faults Utility’s Equipment in Fatal 2016 Explosion in Maryland
Matthew Barakat - April 25, 2019, 12:39 pm
A gas company’s faulty equipment is the most likely cause of an explosion at a suburban Maryland apartment complex that killed seven people in 2016, according to federal report issued Tuesday. The explosion and fire at the Flower Branch apartments …
W.R. Berkley Q1 Shows Rate Increases Working
- April 25, 2019, 12:11 pm
W.R. Berkley Corp. enjoyed solid premium growth in the 2019 first quarter and its reinsurance arm booked encouraging results, with the carrier crediting “further rate improvement” for the positive trend. The insurer said its rate increases appear to be outpacing …
Cyclone Kenneth Grows Stronger as It Barrels Towards Mozambique
Brian K. Sullivan and Borges Nhamire - April 25, 2019, 11:35 am
Tropical Cyclone Kenneth continued to grow stronger as it swirled toward the coast of Mozambique, where Anadarko Petroleum Corp. has halted all flights to and from its liquefied natural gas site. Mozambican authorities declared a “red alert” in Cabo Delgado …
China’s Swine Virus Epidemic Should Be a Global Concern: Opinion
Adam Minter, Bloomberg View - April 25, 2019, 11:13 am
It’s a familiar and ominous story. A deadly pathogen with no known cure begins spreading in China. Rather than acknowledge the problem, officials throughout the Chinese government shut down media coverage, while underreporting infection and mortality rates for fear of …
Japan Insurers to Invest in Riskier Non-Government Bonds, Seeking Higher Returns
Hideyuki Sano - April 25, 2019, 10:53 am
As bond yields evaporate globally, many Japanese insurers are looking to secure higher returns at home and abroad by diversifying into riskier corporate and other non-government bonds in the financial year that began this month. Officials at Japan’s top 10 …
AXA XL Promotes Wilson to Global Head of Portfolio Solutions
- April 25, 2019, 10:19 am
AXA XL announced the promotion of Charlotte Wilson to global head of portfolio solutions, with responsibility for developing and executing the team’s global strategy. Wilson will be part of Philippe Gouraud’s Global Strategic Distribution team and will take up her …
AXA Confirms It Insured Some Notre-Dame Artworks for Several Million Euros
- April 25, 2019, 9:53 am
French insurer AXA said on Wednesday that it had provided insurance coverage for a few artworks from Notre-Dame Cathedral for a maximum amount of a few million euros. The insurer had said last week that it provided insurance for a …
Keesey Joins Cannasure Insurance Services as Sr. Underwriter in Ohio
- April 25, 2019, 5:41 am
Cannasure Insurance Services (Cannasure), a Cleveland, Ohio-based managing general agent and wholesale insurance broker for the cannabis and hemp industries, hired Jenna Keesey as a senior underwriter in its growing MGA practice. Keesey is a package lines specialist with steep …
Florida Gov to Sign AOB Reform Bill; Citizens Plans Rate Decrease
Amy O'Connor - April 25, 2019, 5:23 am
Florida Governor Ron DeSantis has signaled his support of a property insurance reform bill passed by the Florida Senate Wednesday, saying in a statement Wednesday he will sign the legislation that the insurance industry and consumer advocates say will stem …
Ohio Hospital Settles 3 Excessive Dose Claim Lawsuits
Kantele Franko - April 25, 2019, 5:04 am
The Ohio hospital system where an intensive care doctor is accused of ordering excessive doses of painkillers for dozens of patients who died is settling three resulting wrongful-death cases, while 24 more lawsuits are pending. The family of 78-year-old Lora …
Newfront Insurance in California Names Kaneko Head of Carrier Relations
- April 25, 2019, 5:00 am
Newfront Insurance in California has named Garett Kaneko head of carrier relations. Kaneko will manage external market relations and partner strategy as well as overall business and growth strategy for Newfront. Kaneko has more than 15 years of experience in …
Supreme Court Gives Business Another Victory on Arbitration, Class Actions
Andrew Chung - April 25, 2019, 5:00 am
In a decision that could further help companies limit damages in disputes with workers, the U.S. Supreme Court on Wednesday ruled against a California man who was the victim of an online scam and sought to bring claims against his …
SAIF in Oregon Names Williams Vice President Of Human Resources
- April 25, 2019, 5:00 am
Ian Williams has joined SAIF as vice president of human resources. Williams will oversee all aspects of HR, including compensation and benefits, employee engagement and retention and recruitment. Most recently, he was vice president of human resources at Belden Inc. …
Workplace Injuries Continue to Decline But Could Rise with Low Unemployment
Jim Sams - April 25, 2019, 5:00 am
The number of workplace injury claims continues to decline year after year despite significant changes in workforce demographics that experts thought would increase claims frequency, according to a report by the National Council of Compensation Insurance. The number of workers …
Privacy Practices Probe Could Cost Facebook Up to $5 Billion
David McLaughlin and Daniel R. Stoller - April 25, 2019, 5:00 am
Facebook Inc. estimated that it will cost as much as $5 billion to resolve a U.S. investigation into its privacy practices, as the social-media company moves to put the fallout from the Cambridge Analytica scandal behind it. Facebook said Wednesday …
Brightway Insurance Opens New Agencies in Florida, Tennessee
- April 25, 2019, 4:25 am
Brightway Insurance opened new stores in Florida and Tennessee on April 15. The new franchise owners include: Steve Moser who opened Brightway, The Steve Moser Agency of Belle Meade in Nashville, Tennessee. This is Brightway’s first agency to open in …
Above Average Year for Tornadoes in Alabama; 53 Confirmed So Far
- April 25, 2019, 4:08 am
Alabama already has exceeded its yearly average for tornadoes with more than 50 twisters verified in the state so far in 2019. The National Weather Service tweets that Alabama has had 53 total tornadoes so far this year. That compares …
Court Rules Wyoming Killer Was Not a ‘Resident’ Under Mother’s Homeowners Policy
- April 24, 2019, 11:32 pm
A U.S. Court of Appeals for the 10th District this week ruled that a Wyoming man convicted of a 2014 murder was not an insured “resident” under his mother’s homeowners insurance policy, and it turns out that finding doesn’t favor …
Workers’ Comp Claims in Colorado’s Cannabis Industry Not as High as You Think
Don Jergler - April 24, 2019, 9:19 pm
It’s a safe bet that there are a number of those among us who envision workers in the marijuana industry as mostly a bunch of mellow bud-blazers haphazardly performing the daily tasks of trimming, potting, transporting or selling cannabis. Those …
Update: Florida Legislature Passes Industry-Backed AOB Reform Bill
Amy O'Connor - April 24, 2019, 6:44 pm
After seven years of failed attempts, Florida legislators have passed property insurance reform to address the abuse of a policyholder benefit known as assignment of benefits (AOB). The insurance industry and consumers advocates say the abuse has caused higher insurance …
California Workers’ Compensation Rating Bureau Issues Report on Opioids
- April 24, 2019, 5:21 pm
The use of opioids has significantly and continuously declined in the California workers’ compensation system since 2012, a trend that may be leading to a shift in the patterns of medical treatments for California’s injured workers as well as more …
CIC Services Launches Captive Program for Small, Mid-Sized Businesses
- April 24, 2019, 4:48 pm
CIC Services, LLC, has created a new program help small- to mid-sized companies establish captive programs for their business. The program is designed for companies that would otherwise not be large enough to consider replacing commercial insurance with a captive. …
New Brightway Insurance Agency Opens in Missouri
- April 24, 2019, 4:44 pm
Florida-based Brightway Insurance has opened a new store in Missouri. The Grone Agency in Des Peres was established by Brennen Grone, who first worked for Brightway, The Landers Agency in Glendale, Colo. Grone subsequently worked alongside his father in an …
Oklahoma Supreme Court Tosses Non-Economic Damages Cap
- April 24, 2019, 4:35 pm
The Oklahoma Supreme Court on April 23 struck down a state law that caps monetary damages for pain and suffering in personal injury lawsuits, the latest civil justice measure backed by the Republican-controlled Legislature to be invalidated by the state’s …
Cars Submerged at Dallas Airport Amid Storm Outbreak
- April 24, 2019, 4:24 pm
Storms that pummeled North Texas overnight are being blamed for stranding motorists in the Dallas/Fort Worth area and for flooding underground parking lots at a Dallas airport. Dozens of vehicles were submerged in nearly four feet of water in the …

The Amynta Group Announces Acquisition of ClearView Risk Holdings.

Southwest Risk continues to actively recruit seasoned insurance professionals to join our winning team!

Meet Steven Ateek – Vice President at Southwest Risk specializing in Construction, Energy, Products and Habitational.

image006