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Ohio’s Hylant Launches Haven Re Group Captive for Middle-Market Businesses
September 19, 2018
Toledo, Ohio-based privately held independent insurance brokerage, Hylant, has launched Haven Re, a primary casualty, heterogeneous group captive designed to provide well-performing middle-market businesses an attractive cost-saving option. Haven Re …

Seismic Activity Increases Around Alaska Volcano
September 19, 2018
The Alaska Volcano Observatory is keeping watch on a remote volcano that’s showing signs of erupting. The observatory this week increased the alert level from “advisory” to “watch” at Semisopochnoi (SEM-ee-sah-POTCH-noy) in the Aleutian Islands. The …

Oregon Judge Won’t Take Unprecedented Step to Let Animals Sue
September 19, 2018
A judge has tossed a lawsuit filed by animal rights activists in the name of a once-neglected horse, finding that animals don’t have a right to sue. The Oregonian/OregonLive reported in doing so, Washington County Pro Tem Judge John Knowles …

84 Percent Increase in Pedestrian Fatalities in Hawaii
September 19, 2018
The state Department of Transportation says pedestrian fatalities have increased by 84 percent from the same time last year. The Honolulu Star-Advertiser reported 25 pedestrians have died as of Sept. 13 this year compared to four deaths last year in …

Exploring the Jump in Mega Workers’ Compensation Claims
September 19, 2018
Mega workers’ comp claims – losses exceeding $10M – jumped in 2016, according to a new report by the National Council on Compensation Insurance (NCCI). It’s unclear if this is a one time occurrence or a new trend for the …

Why Small Mutual P/C Insurers, Insurtechs May Need Each Other: A.M. Best
September 19, 2018
Technology-oriented insurance startups and established small mutual property/casualty insurers may find they are better off partnering than competing. Mutual property/casualty insurance companies continue to face heightened competition amid an insura …

New Hampshire’s Optisure Risk Partners Hires Needham
September 19, 2018
Optisure Risk Partners, based in Manchester, N.H., has hired Beth Needham as insurance operations manager and best practices leader. In this role, she will serve as a contributing member of the Optisure leadership team, offering insurance operations …

Alliant Insurance Services Launches Maryland-Based Imperium Consulting Group
September 19, 2018
Alliant Insurance Services, a Newport Beach, Calif.-headquartered specialty insurance brokerage firm, has launched Imperium Consulting Group, a specialized advisory business that works with clients to better manage commercial risks as well as resolve …

Lawsuit Targets Massachusetts Utility Over Deadly Gas Explosions
September 19, 2018
A resident of a Massachusetts city rocked by last week’s deadly gas blasts that damaged dozens of homes sued utility operator NiSource Inc on Tuesday, accusing it of inadequately maintaining its distribution system. The proposed class action lawsuit …

Americans’ Interest in Self-Driving Cars Goes in Reverse
September 19, 2018
Less than half of Americans (43 percent) are interested in utilizing self-driving cars, down from 53 percent last year. According to an annual sharing economy index by Allianz Global Assistance, the lack of interest is primarily attributed to safety …

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