'Grinchy' weather spawns tornadoes across the central U.S.


Holiday travel season gets off to a very rough start.
Source: Property Casualty 360

Ohio's Public Utilities Commission to regulate Uber, Lyft


Governor signs measure as an alternative to a patchwork of local regulations.
Source: Property Casualty 360

Latest air bag death said to show flaws in U.S. recall system


With almost three-quarters of the 19 million vehicles under the recall still unrepaired, the potential exists for more people to be killed by faulty air bags.
Source: Property Casualty 360

How to tell if engine damage is from an impact or mechanical failure


handlers often have to figure why an automotive engine has failed.
Source: Property Casualty 360

Chinese Insurance Investment Rule Changes Send Stocks Lower


China’s stock market posted its biggest one-day fall in two weeks on Thursday, as investor interest in blue chips suddenly cooled after regulators tightened rules for insurers investing in listed firms. The blue-chip CSI300 index fell 1.0 percent, to 3,829.40, …
Source: Insurance Journal

Steamship Services Publishes Revised War and Piracy Area Warnings


Following a review by Steamship Services Joint War Committee, the War Breach areas have been revised and amended. War and Piracy warnings have been amended for the Indian Ocean, Arabian Sea, Gulf of Aden, Gulf of Oman and the Southern …
Source: Insurance Journal

Christmas cranberries glut means bog opportunity for Manulife


As cranberry season reaches its zenith over the Christmas holiday, farmers are increasingly selling family-owned cranberry bogs to larger operators.
Source: Property Casualty 360

Insurance for Santa: What he needs coverage for


From injured reindeer and inclement weather conditions to botched sleigh landings and valuable Naughty/Nice List data, Kris Kringle is one round, jolly liability.
Source: Property Casualty 360

Former Southern California Insurance Broker Found Guilty of Stealing Premiums


Mia Chang, 51, former insurance broker and owner of Lotte Insurance Services in Southern California, was sentenced for felony insurance fraud and grand theft. Moments after her arrest Chang returned $19,218 in stolen premiums with interest to the owner of …
Source: Insurance Journal

Maine Group Urges Law for Drivers Under Marijuana Influence


A Maine working group has recommended that lawmakers pass legislation setting a blood-level limit for drivers under the influence of marijuana. The group, which includes state troopers and marijuana legalization advocates, recommended that marijuana should be regulated but disagreed on …
Source: Insurance Journal

Obamacare Sign-Ups Reach 8.3 Million in 2015


About 8.3 million people have signed up for health coverage through Obamacare’s U.S.-run shopping markets this year, the U.S. said Tuesday, surpassing last year’s total and signaling good news for hospital and health insurance companies. At about the same point …
Source: Insurance Journal

Headlight problem prompts Ford to recall some older, large cars


The recall covers some Ford Crown Victoria and Mercury Grand Marquis from the 2003 to 2005 model years.
Source: Property Casualty 360

City of Hope Research, Treatments Boosted by Insurance Industry Pocketbooks


When many people in the insurance industry think of the City of Hope, they probably associate it with the well-publicized National Insurance Industry Council’s Spirit of Life Award gala each year that has raised millions and brought together industry professionals …
Source: Insurance Journal

Driverless cars give lawyers bottomless list of defendants


Driverless cars are touted as leading to an accident-free future. But before we get to that utopia, there’ll be plenty of collisions between robot cars and vehicles driven by humans.
Source: Property Casualty 360

Strait Joins Amerisure as VP, Strategic Project Management and Process Design


Cheryl Strait has joined Farmington Hills, Mich.-based  as vice president of Strategic Project Management and Process Design. Strait is responsible for leading the delivery of business process management, enterprise project and portfolio management, and metric and measurement services. She will …
Source: Insurance Journal

Westfield Insurance Foundation Awards $695K to 40 Nonprofits


During the fourth quarter, Westfield Insurance Foundation, independent private foundation endowed by Westfield Center, Ohio-based Westfield Insurance, awarded $695,000 to 40 nonprofits for their efforts related to disaster relief, family stability and safety. The donations brought the Foundation’s total giving …
Source: Insurance Journal

Pennsylvania Officials Offer Tips on Home Holiday Safety


The holiday season is a festive time, which often means homes are decorated and family and friends visit. Pennsylvania Gov. Tom Wolf’s administration is offering some tips on how to keep this season happy by avoiding potentially dangerous and costly …
Source: Insurance Journal

Ratings of Pennsylvania-Based ARI Mutual Downgraded


A.M. Best has downgraded the financial strength rating to B (Fair) from B+ (Good) and the issuer credit rating to “bb” from “bbb-” of ARI Mutual Insurance Company based in Newtown, Pennsylvania. A.M. Best also has maintained the under review …
Source: Insurance Journal

Chipotle probed in new outbreak of different E. coli strain


Five people in Kansas, North Dakota and Oklahoma have fallen ill from an E. coli strain with a rare DNA fingerprint, the U.S. Centers for Disease Control and Prevention said Monday.
Source: Property Casualty 360

Sales of existing U.S. homes slump on delayed contract closings


A change in industry roles has lengthened the amount of time it takes buyers to close on a purchase.
Source: Property Casualty 360