Industry News

Insurance Journal

Keesey Joins Cannasure Insurance Services as Sr. Underwriter in Ohio

Apr 25, 2019 Cannasure Insurance Services (Cannasure), a Cleveland, Ohio-based managing general agent and wholesale insurance broker for the cannabis and hemp industries...

Florida Gov to Sign AOB Reform Bill; Citizens Plans Rate Decrease

Apr 25, 2019 Florida Governor Ron DeSantis has signaled his support of a property insurance reform bill passed by the Florida Senate Wednesday, saying in a statement...

Ohio Hospital Settles 3 Excessive Dose Claim Lawsuits

Apr 25, 2019 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...

Newfront Insurance in California Names Kaneko Head of Carrier Relations

Apr 25, 2019 Newfront Insurance in California has named Garett Kaneko head of carrier relations. Kaneko will manage external market relations and partner strategy as well...

Claims Journal

FBI Reports Cybercrime Losses Nearly Doubled in 2018

Apr 25, 2019 The amount of reported losses from cyber crime nearly doubled in 2018 to $2.7 billion, with almost half of that from business email schemes that targeted wire transfer...

Puerto Rico Oversight Board Loses Bid to Extend Claims Filing Deadline

Apr 25, 2019 A U.S. judge on Wednesday denied a request by Puerto Rico’s federally created financial oversight board to extend a looming deadline to file claims,...

Scaffolding Firm Says Workers Smoked at Notre Dame, Despite Ban

Apr 25, 2019 PARIS — A scaffolding firm that has worked on the roof of Notre Dame said some of its workers had smoked on the site, but ruled out that a cigarette butt...

Popular Heart Drugs Tainted by Carcinogens Face Wave of Lawsuits

Apr 24, 2019 Dozens of lawsuits have been filed against drug makers and sellers over widely prescribed generic heart medications tainted with potential carcinogens, the first...

Best's Reviews

Assignment of Benefits Bill Heading to Florida Governor’s Desk

Apr 24, 2019 After years of legislative failure, proponents of a bill to address assignment-of-benefits abuses in Florida scored a win April 24 as the state...

Hiscox: Cost and Frequency of Cyberattacks Climb; More Companies Seek Insurance

Apr 24, 2019 The cost and frequency of cyberattacks climbed markedly over the past year as hackers increasingly targeted small and midsize firms...

AIG Unveils $750 Million Pension Risk-Transfer Deal

Apr 24, 2019 American International Group Inc. said it will transfer $750 million of pension obligations from a manufacturing business to its American General Life Insurance...

Kentucky Workers’ Comp CEO Has Contract Cut Following Audit

Apr 24, 2019 The Kentucky Employers’ Mutual Insurance’s board of directors has rescinded the long-term contract of its chief executive and put him on a probationary...