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News Center


News – Insurance Journal

Motor Vehicle Deaths Declined 1% in 2017
Preliminary data show U.S. motor vehicle deaths and injuries were down slightly in the first six months of 2017, although they were still significantly higher than they were two years ago, according to the National Safety Council. There were 18,689 …

POSTED AUGUST 16, 2017 1:17 PM
Global Insurance Renewal Rates Fall for 17th Quarter in Q2 2017: Marsh
Global insurance renewal rates fell for the 17th consecutive quarter in the second quarter of 2017, according to Marsh’s Q2 2017 Global Insurance Market Index. Despite the continuing decline, Q2 marks the sixth quarter in a row the rate of …

POSTED AUGUST 16, 2017 12:59 PM
Mass. Behavioral Health Facility Faces $207K in Fines for OSHA Violations
A Massachusetts behavioral health facility faces $207,690 in proposed penalties from the U.S. Department of Labor’s Occupational Safety and Health Administration (OSHA) for violations found while conducting a follow-up inspection. On June 29, 2017, OSHA issued UHS of Westwood Pembroke …

POSTED AUGUST 16, 2017 12:56 PM
AIG Wants to Sell $2 Billion in Life Settlements Business
American International Group Inc. wants to sell a $2 billion portfolio of life settlements that would pay out when sick or elderly customers die, two people familiar with the matter said. AIG, the largest commercial insurer in the United States …

POSTED AUGUST 16, 2017 12:48 PM
Final Evacuees From Pennsylvania Derailment, Fire Return Home
The last of the evacuated residents of a small Pennsylvania town were finally able to return to their homes one week after a freight train carrying hazardous materials derailed and caught fire. CSX spokesman Rob Doolittle said residents of 40 …

POSTED AUGUST 16, 2017 12:43 PM
Massachusetts Governor Signs Bipartisan Pregnant Worker Protection Legislation
Massachusetts Governor Charlie Baker last month signed H. 3680, a bipartisan bill to extend protections to pregnant workers in the state. The legislation, An Act Establishing the Massachusetts Pregnant Workers Fairness Act, will prohibit workplace and hiring discrimination related to …

POSTED AUGUST 16, 2017 12:29 PM
China to Further Open Its Economy to Foreign Investments in Insurance, Banking
China, facing a possible decline in foreign investment this year, will become more open for international investors and take steps to better protect intellectual property, its cabinet said on Wednesday. In recent months, the Chinese government has made multiple statements …

POSTED AUGUST 16, 2017 11:29 AM
Taiwan Power Crisis a Growing Concern for Local Industry: Opinion
I was having dinner with a friend in downtown Taipei on Tuesday night when the electricity went off for the second time that day. Workers accidentally shut off the supply of natural gas to a single power generator just a …

POSTED AUGUST 16, 2017 9:33 AM
Taiwan Power Outages Disrupt Some Semiconductor Manufacturing
A blackout caused by a blunder at Taiwan’s biggest gas-fired plant is the latest challenge to an electricity grid recently pushed to its limit and to President Tsai Ing-wen’s efforts to reshape the island’s power mix. A combination of unusually …

POSTED AUGUST 16, 2017 9:16 AM
CNA’s Sandelands Returns to Chubb as Customarq Product Manager
Chubb has named Barbara Sandelands executive vice president and Customarq Package product manager for its Commercial Insurance division in North America. In this newly created role, she will be responsible for profit and loss, product and system development, and distribution …

POSTED AUGUST 16, 2017 5:00 AM

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 Turner Insurance Agency, Inc. 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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