Insurance Journal

Insurance Journal
July 25, 2016 Issue

National Articles from July 25, 2016

When Hiring New Producers Begin with the End in Mind
Insurers Work to Educate Consumers on the Evolving Dangers of Distracted Driving & Walking
Treasury Adopts 2 Percent Formula for Defining Auto Insurance ‘Affordability’
Business Moves

Declarations
Workers’ Comp Line Achieves ‘Significant’ Profit in 2015: Fitch
My New Markets
Near National P/C Carriers Identified for 2016
UBI Increases Auto Insurance Customer Satisfaction: J.D. Power Study
P/C Industry Heat
Changing Political Risk Landscape: Religious Extremists, Cyberterrorism Cause Concerns
What Keeps D&Os Awake at Night? Coverage Concerns Rise
What to Know About Liability and Legal Costs for Apps

West Articles from July 25, 2016

California Agent Allegedly Took $100K from Employer And Clients
Washington Transit Operator Settles with Cyclist for $2.75M
Navigating California’s High Workers’ Comp Rates and Excessive Lawsuits
$30M Settlement with Bristol-Myers Squibb in California Whistleblower Suit
California Workers’ Comp is Biased Against Women, Suit States
People – West
Washington-based Spirit Aerosystems Hit with Worker Discrimination Suit
Comcast Sued by Oregon Cyclist Clotheslined by Cable

Southeast Articles from July 25, 2016

Coastal Insurer UPC’s First Catastrophe Bond Provides It with $100M Cover
Tennessee Commish McPeak Elected to Global Insurance Committee Leadership Post
Universal Property & Casualty Expands Into Alabama Homeowners Market
$40M in Aid Now Available to South Carolina Farmers
North Carolina Enacts Stricter Penalties for Boaters Under the Influence
South Carolina Workers’ Comp Loss Costs Going Up, New Filing Requirements Take Effect
People – Southeast

South Articles from July 25, 2016

Fire Damage at Oklahoma Power Plant Could Reach $200M
SLSOT’s Essary Intent on Using Data to Better Communicate with Stakeholders
Study Suggests Ways to Identify Unsafe Driving in Older Adults
Oklahoma High Court: Workers’ Comp Icy Sidewalk ‘Slip and Fall’ Claim Compensable
Workers’ Comp Disability Guidelines Withdrawn from Guidelines.gov
Oklahoma Labor Department: OSHA Penalties to Rise Aug. 1
Damage Cost from Texas Spring Hail Storms at Nearly $700M: CoreLogic
$1.5M Recovered for Arkansas Insurance Consumers in First Half of 2016
Friend or Foe? Texas Open-Carry Law a Challenge for Police
Growth Partners: Equity Firm Kohlberg Invests in Wholesaler U.S. Risk
People – South Central

Midwest Articles from July 25, 2016

Cincinnati Insurance Estimates $160M-$170M in Q2 Storm Losses
Illinois Moves to Shut Down Health Insurance Co-Op
People – Midwest

East Articles from July 25, 2016

Maryland Adults Liable for Underage Drinking at Party
Connecticut Father, Son Challenge Drone Regulations
Munich Re Partners with Startup Slice to Offer On-Demand Insurance Products
People – East

Insurance JournalJuly 25, 2016 Issue

When Hiring New Producers Begin with the End in Mind

Insurers Work to Educate Consumers on the Evolving Dangers of Distracted Driving & Walking

Treasury Adopts 2 Percent Formula for Defining Auto Insurance ‘Affordability’

Business Moves

Declarations

Workers’ Comp Line Achieves ‘Significant’ Profit in 2015: Fitch

My New Markets

Near National P/C Carriers Identified for 2016

UBI Increases Auto Insurance Customer Satisfaction: J.D. Power Study

P/C Industry Heat

Changing Political Risk Landscape: Religious Extremists, Cyberterrorism Cause Concerns

What Keeps D&Os Awake at Night? Coverage Concerns Rise

What to Know About Liability and Legal Costs for Apps

California Agent Allegedly Took $100K from Employer And Clients

Washington Transit Operator Settles with Cyclist for $2.75M

Navigating California’s High Workers’ Comp Rates and Excessive Lawsuits

$30M Settlement with Bristol-Myers Squibb in California Whistleblower Suit

California Workers’ Comp is Biased Against Women, Suit States

People – West

Washington-based Spirit Aerosystems Hit with Worker Discrimination Suit

Comcast Sued by Oregon Cyclist Clotheslined by Cable

Coastal Insurer UPC’s First Catastrophe Bond Provides It with $100M Cover

Tennessee Commish McPeak Elected to Global Insurance Committee Leadership Post

Universal Property & Casualty Expands Into Alabama Homeowners Market

$40M in Aid Now Available to South Carolina Farmers

North Carolina Enacts Stricter Penalties for Boaters Under the Influence

South Carolina Workers’ Comp Loss Costs Going Up, New Filing Requirements Take Effect

People – Southeast

Fire Damage at Oklahoma Power Plant Could Reach $200M

SLSOT’s Essary Intent on Using Data to Better Communicate with Stakeholders

Study Suggests Ways to Identify Unsafe Driving in Older Adults

Oklahoma High Court: Workers’ Comp Icy Sidewalk ‘Slip and Fall’ Claim Compensable

Workers’ Comp Disability Guidelines Withdrawn from Guidelines.gov

Oklahoma Labor Department: OSHA Penalties to Rise Aug. 1

Damage Cost from Texas Spring Hail Storms at Nearly $700M: CoreLogic

$1.5M Recovered for Arkansas Insurance Consumers in First Half of 2016

Friend or Foe? Texas Open-Carry Law a Challenge for Police

Growth Partners: Equity Firm Kohlberg Invests in Wholesaler U.S. Risk

People – South Central

Cincinnati Insurance Estimates $160M-$170M in Q2 Storm Losses

Illinois Moves to Shut Down Health Insurance Co-Op

People – Midwest

Maryland Adults Liable for Underage Drinking at Party

Connecticut Father, Son Challenge Drone Regulations

Munich Re Partners with Startup Slice to Offer On-Demand Insurance Products

People – East

Insurance Journal
July 25, 2016 Issue