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News Center

News – Insurance Journal

NAIC Names 34 Insurance Consumer Representatives for 2019
The National Association of Insurance Commissioners (NAIC) recently named 34 consumer liaison representatives for 2019. Established in 1992, the Consumer Liaison Program promotes consumer interaction with state insurance regulators at meetings and throughout the year. The 20 funded and 14 …

POSTED JANUARY 18, 2019 3:34 PM
Employers Reminded that Feb. 1 Is Injury Report Posting Deadline
The Occupational Safety and Health Administration is reminding employers they face a Feb. 1 deadline. That is the deadline for employers to post a copy of OSHA’s form 300A, which summarizes job-related injuries and illnesses logged during 2018. Each year, …

POSTED JANUARY 18, 2019 3:06 PM
P/C Insurers Pulled Off Underwriting Turnaround in First 9 Months
Private U.S. property/casualty insurers reported a $4.7 billion net underwriting gain in nine-months 2018, a sharp turnaround from a $21.0 billion net underwriting loss a year earlier. The results were helped by a rare decline in overall losses and loss …

POSTED JANUARY 18, 2019 2:39 PM
The Bright Side in a Graying U.S. Workforce: Viewpoint
Economists call it the “old-age dependency ratio” – a rough measure of the balance between people who work and retirees. The ratio compares the number of people over age 65 – classified as “old” – with those aged 15 to …

POSTED JANUARY 18, 2019 2:27 PM
Hiscox Stages Cyber Attack to Show Small Businesses What It’s Like to Be Hacked
Hiscox, a specialist in small business and cyber insurance, recently staged a “real world” hack to demonstrate what a cyber attack would look like for small businesses. The insurer collaborated with UK bike manufacturer Brompton Bicycle, constructing overnight a complete …

POSTED JANUARY 18, 2019 1:37 PM
Vital Insurance Partners Names Kochman Senior VP of Program Placement
Vital Insurance Partners, an insurance consulting and program intermediary, has named Curtis Kochman senior vice president of Program Placement. Kochman, who will be based in Pittsburgh, Penn., will be responsible for the development and placement of programs within the specialty …

POSTED JANUARY 18, 2019 1:27 PM
Trager Reznitsky Insurance Opens Second Location in Connecticut
Trager Reznitsky Insurance, based in North Haven, Conn., is expanding south to the shoreline town of Branford, Conn. Agency principals Joshua Trager and Eugene Reznitsky officially opened the agency’s second location on January 2, 2019. The agency’s new location shares …

POSTED JANUARY 18, 2019 1:20 PM
N.Y. Workers’ Comp Board Launches Virtual Hearings Initiative
The New York State Workers’ Compensation Board has launched a new tool that makes it easier for injured workers, attorneys and other participants to attend workers’ compensation hearings remotely. The Board’s virtual hearings give injured workers a way to move …

POSTED JANUARY 18, 2019 1:07 PM
Boston Marks the 100th Anniversary of the Great Molasses Flood
Slow as molasses? This treacle didn’t trickle. It was a sticky, deadly tsunami that flattened an entire Boston neighborhood within seconds. This week the city marked the 100th anniversary of its most peculiar disaster – the Great Molasses Flood. It …

POSTED JANUARY 18, 2019 12:38 PM
Climate Change, Shrinking Glaciers Threaten Rhine River Shipping Access
Kevin Kilps’s car ferry churns the waters of Germany’s Rhine river as he steers toward the bank opposite Kaub, a scenic village just south of the rocky outcropping named after the legendary siren Lorelei. It’s typically a busy stretch of …

POSTED JANUARY 18, 2019 12:08 PM

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