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Young Consumers Willing to Let Insurers Spy on Digital Data – If It Cuts Premiums
The majority of people between 18 and 34 would be willing to let insurance companies dig through their digital data from social media to health devices if it meant lowering their premiums, a survey shows. In the younger group, 62 …

POSTED JUNE 19, 2018 10:27 AM
KPMG’s Audit Work Is of `Unacceptable Standard:’ UK Regulator
KPMG’s audit work in the U.K. is of an unacceptable standard, Britain’s accounting regulator said, fueling calls to reform the industry, including dismantling the “Big Four” players. In an unprecedented assessment, the Financial Reporting Council said auditors at KPMG don’t …

POSTED JUNE 19, 2018 10:13 AM
Kansas Woman Says City Wants $132K After Son Topples Sculpture
A Kansas mother says an insurance company wants her family to pay $132,000 after her 5-year-old son accidentally knocked over a sculpture at a city community center. Sarah Goodman tells the Kansas City Star the incident happened last month at …

POSTED JUNE 19, 2018 6:36 AM
Missouri’s GM Peters Agency Joins Agency Partnership, CAA
Combined Agents of America (CAA) is expanding its presence in Missouri with the addition of GM Peters Agency, based in Liberty, Missouri. Current owners Shane Davolt and Peggy Marrs acquired the agency in 1999, however, GM Peters has been serving …

POSTED JUNE 19, 2018 6:34 AM
Maximum Builds Texas Property Team with Addition of Lally
Insurance wholesale broker Maximum has added Bill Lally to its property team in Texas. He will be based in Houston. With previous experience as a property broker and several years spent developing a property underwriting expertise at Axis Insurance, Lally …

POSTED JUNE 19, 2018 6:27 AM
Baseball Pitch Tracking Graphics Caught in Patent Brawl
The virtual strike zone has been a feature of televised baseball games for almost two decades. The graphical overlay shows viewers in real time whether a pitch is too high, too low, or just nicks the corner with a backdoor …

POSTED JUNE 19, 2018 5:00 AM
Fujifilm Sues Xerox for Failed Merger, Citing Lack of ‘Shareholder Democracy’
Fujifilm Holdings Corp. sued Xerox Corp. on Monday for well over $1 billion, faulting the printer and copier company for succumbing to pressure from activist investors Carl Icahn and Darwin Deason in calling off a proposed merger. In a complaint …

POSTED JUNE 19, 2018 5:00 AM
Tesla Severance Agreement Seeks Worker Safety Complaints
Language in a confidential severance agreement Tesla Inc. is using as part of the biggest job cut in its history is likely to deter dismissed employees from going public with worker safety concerns, according to employment-law experts. A proposed severance …

POSTED JUNE 19, 2018 5:00 AM
New HomeProtect Water Damage Program Reimburses Homeowners Insurance Deductible
Flo Technologies, Inc., provider of leak prevention systems to prevent water damage in homes, has launched a reimbursement program called HomeProtect that will pay back homeowners for their insurance deductibles up to $2,500 per year if their Flo-equipped home suffers …

POSTED JUNE 19, 2018 4:59 AM
North Carolina City Sued by Residents Over Hurricane Matthew Dam Repairs
Some homeowners are suing a North Carolina city to get dams that were compromised by Hurricane Matthew repaired. The Fayetteville Observer reported residents from four neighborhoods say the city should rebuild the dams even though they are privately owned. The …

POSTED JUNE 19, 2018 4:36 AM

Business Insurance - _Risk Management

Fujifilm sues Xerox after aborted merger


POSTED JUNE 18, 2018 2:30 PM
Lockton appoints president for San Diego operations
The Lockton Cos. L.L.C. said Monday it has named company veteran Sallie Giblin to be president of its San Diego operations.

POSTED JUNE 18, 2018 2:27 PM
Tax reform positive for some offshore captives: Best
The impact of U.S. tax reform is a mixed bag for captive insurers, although it is a positive for offshore captives that have elected to be taxed under the U.S. tax code in some cases, according to a new A.M. Best Co. briefing.

POSTED JUNE 18, 2018 2:16 PM
Everest signs agreement with drone analytics company
Everest National Insurance Co., a unit of Everest Re Group Ltd., said Monday it had signed an agreement with Airware, a drone analytics company.

POSTED JUNE 18, 2018 2:07 PM
Head of VW’s Audi arrested in Germany over diesel scandal


POSTED JUNE 18, 2018 11:35 AM
Supreme Court mulls Apple commissions in antitrust case
(Reuters) — The U.S. Supreme Court on Monday agreed to take up Apple Inc.'s bid to escape a lawsuit accusing it of breaking federal antitrust laws by monopolizing the market for iPhone software applications and causing consumers to pay more than they should.

POSTED JUNE 18, 2018 11:17 AM
South African insurer hit by cyber extortion attack
(Reuters) — Insurer Liberty Holdings Ltd. faced questions from South Africa's Information Regulator on Monday, a day after the company said it had become the victim of a cyber attack.

POSTED JUNE 18, 2018 10:47 AM
Supreme Court to review scope of investor protection laws
(Reuters) — The U.S. Supreme Court on Monday agreed to hear an appeal by a New York investment banker banned from the industry by the Securities and Exchange Commission in a case that could limit the scope of those who can be held liable under laws protecting investors from securities fraud.

POSTED JUNE 18, 2018 10:39 AM
Chilton to step down as head of Gallagher’s international unit
Grahame “Chily” Chilton will step down as chief executive officer of Arthur J. Gallagher & Co.’s U.K.-based international brokerage and underwriting division and be succeeded by Simon Matson.

POSTED JUNE 18, 2018 10:26 AM
Sports wins shake up quake monitors


POSTED JUNE 18, 2018 10:11 AM

Business Insurance

Fujifilm sues Xerox after aborted merger


POSTED JUNE 18, 2018 2:30 PM
Lockton appoints president for San Diego operations
The Lockton Cos. L.L.C. said Monday it has named company veteran Sallie Giblin to be president of its San Diego operations.

POSTED JUNE 18, 2018 2:27 PM
Tax reform positive for some offshore captives: Best
The impact of U.S. tax reform is a mixed bag for captive insurers, although it is a positive for offshore captives that have elected to be taxed under the U.S. tax code in some cases, according to a new A.M. Best Co. briefing.

POSTED JUNE 18, 2018 2:16 PM
Everest signs agreement with drone analytics company
Everest National Insurance Co., a unit of Everest Re Group Ltd., said Monday it had signed an agreement with Airware, a drone analytics company.

POSTED JUNE 18, 2018 2:07 PM
Ohio BWC hires new pharmacy benefits manager
The Ohio Bureau of Workers Compensation is set to begin its contract with another pharmacy benefits manager on Nov. 1, a move a spokeswoman told Business Insurance is not directly tied to a report that found its current PBM had been overcharging for generic prescriptions.

POSTED JUNE 18, 2018 12:17 PM
Head of VW’s Audi arrested in Germany over diesel scandal


POSTED JUNE 18, 2018 11:35 AM
Supreme Court mulls Apple commissions in antitrust case
(Reuters) — The U.S. Supreme Court on Monday agreed to take up Apple Inc.'s bid to escape a lawsuit accusing it of breaking federal antitrust laws by monopolizing the market for iPhone software applications and causing consumers to pay more than they should.

POSTED JUNE 18, 2018 11:17 AM
South African insurer hit by cyber extortion attack
(Reuters) — Insurer Liberty Holdings Ltd. faced questions from South Africa's Information Regulator on Monday, a day after the company said it had become the victim of a cyber attack.

POSTED JUNE 18, 2018 10:47 AM
Supreme Court to review scope of investor protection laws
(Reuters) — The U.S. Supreme Court on Monday agreed to hear an appeal by a New York investment banker banned from the industry by the Securities and Exchange Commission in a case that could limit the scope of those who can be held liable under laws protecting investors from securities fraud.

POSTED JUNE 18, 2018 10:39 AM

Business Insurance - _Workers Comp

Ohio BWC hires new pharmacy benefits manager
The Ohio Bureau of Workers Compensation is set to begin its contract with another pharmacy benefits manager on Nov. 1, a move a spokeswoman told Business Insurance is not directly tied to a report that found its current PBM had been overcharging for generic prescriptions.

POSTED JUNE 18, 2018 12:17 PM
Texas governor appoints first female comp commissioner
Gov. Greg Abbott on Wednesday appointed Cassie Brown as commissioner of Workers' Compensation at the Texas Department of Insurance, the first female to hold this role.

POSTED JUNE 15, 2018 11:31 AM
The BI Top 10
This week’s most popular stories include Bill Cosby’s coverage dispute with AIG, several executive moves at Chubb, a broker’s rebranding and more.

POSTED JUNE 15, 2018 7:01 AM
Employer not obligated to pay for medical pot: Maine high court
The Maine Supreme Judicial Court ruled Thursday that an employer does not have to pay for the medical marijuana a man testified had been helping him with severe chronic back pain stemming from a workplace injury.

POSTED JUNE 14, 2018 4:21 PM
Kentucky sues Walgreens, cites ‘alarming’ rate of dispensing opioids


POSTED JUNE 14, 2018 2:49 PM
Nominations open for Women to Watch 2018
Business Insurance is accepting nominations for the 2018 Women to Watch Awards, with a deadline of Aug. 10.

POSTED JUNE 14, 2018 1:59 PM
State variation in treatment costs for injured workers marked: Study
Prices paid for a similar set of medical services varied significantly across states, ranging from 26% below the 35-state median in Florida to 158% above the 35-state median in Wisconsin in 2017, according to a study released Thursday by the Workers Compensation Research Institute.

POSTED JUNE 14, 2018 12:32 PM
90% of employers negatively affected by tired employees: Study
Nine of 10 employers have been negatively affected by tired employees, reporting that 13% of workplace accidents involve fatigue, according to a National Safety Council report released Wednesday.

POSTED JUNE 13, 2018 2:05 PM
Law judge vacates fine against defense contractor for stacked crates injury
An administrative law judge of the Occupational Safety and Health Review Commission vacated a defense contractor’s safety citation and proposed fine after determining officials could not prove negligence in a case involving a stack of heavy boxes containing vehicle parts that fell on a worker.

POSTED JUNE 13, 2018 1:32 PM
Contractor cited for exposing roofers to dangers
The U.S. Occupational Safety and Health Administration has cited an Appleton, Wisconsin, roofing contractor again after OSHA inspectors observed employees exposed to falls and other safety hazards at two job sites, regulators announced Tuesday.

POSTED JUNE 13, 2018 11:56 AM

Progressive Agent Articles - Insurance Basics

Auto Insurance Made Easy
Understanding insurance can often be like trying to learn a foreign language. Many find it confusing and intimidating. Fortunately, there's help. Here is a quick reference designed to help you understand some of the most common kinds of coverages. The reference was put together by The Progressive Group of Insurance Companies.

POSTED JANUARY 14, 2009 1:00 PM
Fact or Fiction: Uncovering Auto Insurance Myths
Like a teenager eager to try a new video game, playing before reading the rules, many drivers buy insurance without really understanding what they're buying. In the rush to feel “covered,” they can skip the details. That can lead to frustration. Following are five insurance myths heard by some of the more than 13,000 claims people at Progressive, one of the country’s largest auto insurance companies.

POSTED FEBRUARY 12, 2009 1:00 PM
Putting Insurance Companies to Work for You
Car insurance may be one of the last things that comes to mind when you think about saving time, but the insurance company you choose can actually have a big impact on your time should trouble strike.

POSTED MAY 06, 2009 1:00 PM
Car Insurance Myths Debunked
Do red cars really cost more to insure? Is Comprehensive coverage really comprehensive? Should you and your neighbor be paying the same amount for car insurance? Leading car insurer Progressive debunks a few of the more widely held myths.

POSTED AUGUST 27, 2009 1:00 PM
Six Steps To Take If You're In An Accident
Car accidents can wreak havoc on an otherwise peaceful day. Even if they’re minor, they can often create confusion. You might ask yourself, how should I react? What should I do? Leading car insurer Progressive offers these simple steps to follow after an accident.

POSTED NOVEMBER 05, 2009 1:00 PM
Used Car Buying Tips
Before you buy a used vehicle, here are a few tips from leading car insurer Progressive to make sure you're getting your money's worth.

POSTED JANUARY 04, 2010 1:00 PM
Cutting New-Car Costs
To help consumers control car costs—from sticker price to insurance premiums—The Progressive Group of Insurance Companies offers these tips.

POSTED MARCH 15, 2010 1:00 PM
Four Questions To Get The Right Auto Insurance
Having the right type of policy can help ensure that you, your employees and your business are all protected in the unfortunate event that one of your vehicles is involved in an accident.

POSTED MAY 17, 2010 1:00 PM
Take Action to Avoid Driving Distractions
It may seem harmless to answer a quick call, grab a bite to eat or let your dog ride in your lap when you're behind the wheel. But in 2008, accidents caused by distracted drivers injured about 515,000 people. It takes two hands, a sharp eye, and your full attention to safely drive your car. Anything that keeps you from doing so means you're driving while distracted, or "DWD."

POSTED OCTOBER 10, 2010 1:00 PM
Smart Tips for Insurance Shoppers
When buying a car, there's more to consider than the make and model. Price, size, gas mileage—even the way it feels behind the wheel—affect your decision. You also should weigh your options when buying auto insurance. With many brands and features and price ranges out there, it pays to do your homework.

POSTED JANUARY 31, 2011

NOTICE: The links and articles found on or within this news center are simply for informational purposes that we believe may be of benefit to our clients and/or website visitors. By providing these links on our website, we are not recommending or endorsing the use of the particular products or services these third parties offer. Nor does Carolina Insurance Group confirm, corroborate or agree to the statistics or opinions on these links and articles. We urge you to review each website’s Privacy Policy, Disclaimers, and develop an independent opinion of the service or product for any link pursued.

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