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News Center

Property Casualty 360

10 things your clients need to know about wildfires
A new disaster compendium offers important information for agents and brokers to share with their clients about wildfires.

Gulf of Mexico oil spill may be largest since BP disaster
An oil spill in the Gulf of Mexico last week may be the largest in the U.S. since the 2010 blowout at BP Plc’s Macondo well that sank the Deepwater Horizon rig.

POSTED OCTOBER 16, 2017 6:42 PM
Cyber risk management a top priority as companies prepare for GDPR, study says
A new report says cyber risk management is both a cause and consequence of GDPR compliance as the new regulation is set to take effect May 2018.

POSTED OCTOBER 16, 2017 4:33 PM
Oil rig explodes on Louisiana's Lake Pontchartrain
An oil rig exploded on Louisiana's Lake Pontchartrain Oct. 15, raising specters of the Deepwater Horizon oil spill in April 2010.

POSTED OCTOBER 16, 2017 3:00 PM
Who’s using what in P&C insurance: Oct. 16, 2017
News that IBM is working with MetLife and Majesco on a cloud-based insurance platform is proof that collaboration is the name of the game in InsurTech.

POSTED OCTOBER 16, 2017 12:15 PM
Ophelia kills 3 amid some of Ireland's worst weather in decades
Storm Ophelia claimed its first victims in Ireland, as two people died amid some of the worst weather conditions to hit the country in 50 years.

POSTED OCTOBER 16, 2017 11:47 AM
NU Agency of the Year Award, G&N Insurance: Earning success, one bobblehead at a time
Using social media effectively for branding helps keep G&N Insurance growing and thriving. And giving away personalized bobbleheads doesn't hurt either.

POSTED OCTOBER 16, 2017 11:30 AM
Why is your insurance sales presentation terrible?
There are three areas all insurance professionals need to concentrate on to improve sales presentations: The slide deck, presentation skills and listening skills.

POSTED OCTOBER 16, 2017 6:30 AM
Targeted prospecting: why you should be doing it (and why you probably aren't)
There is no more efficient way to feed your pipeline than with targeted introductions from your best clients. Yet, almost every producer admits to not proactively asking their clients for those introductions.

POSTED OCTOBER 16, 2017 6:00 AM
Property owner loses bid for additional insured coverage in Second Circuit
On any construction project, there are often a series of contracts. Coverage as an 'additional insured' may depend on how far apart the parties are in the series.

POSTED OCTOBER 16, 2017 5:30 AM

News – Insurance Journal

Gulf of Mexico Oil Spill Stirs Comparison to BP Disaster
An oil spill in the Gulf of Mexico last week may be the largest in the U.S. since the 2010 blowout at BP Plc’s Macondo well that sank the Deepwater Horizon rig. The Delta House floating production facility about 40 …

POSTED OCTOBER 17, 2017 5:00 AM
Saltzman Opens Third Brightway Agency in Tampa Area
Rich Saltzman, owner of Brightway, The Saltzman Agency in Tampa, Fla., is now a multi-unit owner with Brightway Insurance with the purchase of a Brightway store located in Largo, Fla. The new agency is located at t 1601 East Bay …

POSTED OCTOBER 17, 2017 4:37 AM
Hub International Acquires Assets of Banyan Consulting Group of North Carolina
Hub International Limited has acquired the assets of Banyan Consulting Group, Inc. (Banyan). Terms of the acquisition were not disclosed. With offices in Greensboro, Raleigh and Charlotte, North Carolina, Banyan specializes in employee benefits. Alan Overbey, CEO of Banyan, will …

POSTED OCTOBER 17, 2017 4:33 AM
Florida Workers’ Comp Rate Hearing Scheduled for Oct. 18
The Florida Office of Insurance Regulation (OIR) will conduct a public hearing to discuss the National Council on Compensation Insurance’s (NCCI) proposed overall statewide average workers’ compensation premium decrease of 9.6 percent on Oct. 18 at 1:00 pm EST. The …

POSTED OCTOBER 17, 2017 4:31 AM
When Hurricanes Wreak Havoc: An Insurance Agency’s Perspective
Weathering a storm like Hurricanes Harvey, Irma or Maria requires planning, insurance and grit. In a span of 30 days the devastation from multiple hurricanes impacted millions of American families and businesses. When Harvey was offshore and still setting its …

POSTED OCTOBER 17, 2017 1:19 AM
Minnesota Chiropractor and 2 ‘Runners’ Convicted for Auto Insurance Fraud Scheme
Minnesota chiropractor and two co-defendants have been convicted by a federal jury for their roles in an insurance fraud conspiracy, state Commerce Commissioner Mike Rothman announced. Chiropractor Preston Ellard Forthun, 39, of Bloomington, was convicted on charges of conspiracy, mail …

POSTED OCTOBER 17, 2017 12:53 AM
Wignes Joins Alliant as Senior VP in Chicago
Wayne Wignes, a specialist in aviation and aerospace insurance, has joined Alliant Insurance Services as a senior vice president. He is based in Chicago. At Alliant he will provide targeted risk management and insurance solutions to a national portfolio of …

POSTED OCTOBER 17, 2017 12:43 AM
Kansas Workers’ Comp Rates to Decrease in 2018
Kansas Commissioner of Insurance Ken Selzer announced that workers’ compensation insurance rates on average will drop in his state in 2018. The National Council on Compensations Insurance Inc. (NCCI) filing for the 2018 workers’ compensation rate shows a decrease of …

POSTED OCTOBER 17, 2017 12:37 AM
Arthur J. Gallagher & Co. Acquires New Mexico’s Reynolds & Rodar Insurance Group
Arthur J. Gallagher & Co. has acquired Santa Fe, New Mexico-based Reynolds & Rodar Insurance Group Inc. Terms of the transaction were not disclosed. With roots going back to 1882, Reynolds & Rodar is the oldest independent agency in New …

POSTED OCTOBER 17, 2017 12:18 AM
Vegas Risk Management Summit Tackled Commercial Auto, Workers’ Comp And More
One reason behind continuously dismal commercial auto insurance losses is a spate of “nuclear cases” that are plaguing the industry with multi-million lawsuits. The amount of money and resources being put into the legal battlefield over commercial auto lawsuits is …

POSTED OCTOBER 16, 2017 11:38 PM

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