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News – Insurance Journal

BHSI Introduces Contractors Plant & Equipment Cover in Australia
Berkshire Hathaway Specialty Insurance Co. (BHSI) announced it has introduced a new Contractors Plant & Equipment (CP&E) policy for customers in Australia. “With this new policy, contractors can easily and efficiently address their property damage and liability exposures, including road …

POSTED NOVEMBER 22, 2017 10:44 AM
Airbus Aims to Develop Single Pilot, Autonomous Aircraft to Cut Crew Needs
Airbus SE is looking to develop autonomous aircraft and technologies that will allow a single pilot to operate commercial jetliners, helping cut costs for carriers, Chief Technology Officer Paul Eremenko said. “The more disruptive approach is to say maybe we …

POSTED NOVEMBER 22, 2017 10:07 AM
Best Agencies to Work For West: Kulchin Ross – Bronze
There are no worries about who will take over at Kulchin Ross Insurance Services LLC when the agency principals decide to hang it up. The agency, which has grown from a handful of employees to more than 30 employees since …

POSTED NOVEMBER 22, 2017 10:00 AM
Go Ahead and Start a Climate Change Debate at the Thanksgiving Table
When you pass the turkey gravy on Thursday consider stuffing a hunk of climate change discourse down your uncle Jeb’s gullet. Let him stew until he’s good and fermented, then agitate as needed to see the fruits of your labor. …

POSTED NOVEMBER 22, 2017 10:00 AM
UK Accounting Regulator Urged to Slap Larger Fines on ‘Big Four’
Misdeeds by the world’s “Big Four” accounting firms should be punished with much bigger fines, Britain’s accounting watchdog was advised in a report released on Tuesday. “Fines greater than those that have heretofore been imposed may be appropriate in really …

POSTED NOVEMBER 22, 2017 8:22 AM
Experts See Expanding Role for Parametric Insurance, Including for U.S. Disasters
Catastrophic losses this year due to extreme weather events have led to a growing interest in parametric insurance in the U.S., according to industry experts. Parametric coverage is also gaining traction as hazard modeling continues to improve, weather stations more …

POSTED NOVEMBER 22, 2017 6:00 AM
Why Employees Cheat at Work
It can happen in the branch office or the boardroom. Volkswagen did it to pass emissions tests. Wells-Fargo did it to squeeze more profits from their customers. Some school districts have it done it to boost their standardized test scores. …

POSTED NOVEMBER 22, 2017 6:00 AM
Family of 4 Indicted for $550K Insurance Fraud Scheme in West Virginia
A man, his ex-wife and two sons are accused of burning down two West Virginia homes and pocketing over $550,000 in insurance claims. The Charleston Gazette-Mail reports 66-year-old Windel Lester, his ex-wife, 41-year-old Georgetta Lester, and his sons, 40-year-old Gregory …

POSTED NOVEMBER 22, 2017 5:58 AM
CAMICO Simplifies Professional Liability Application for Small Accountant Firms
CAMICO, a nationwide CPA-directed program of insurance and risk management for the accounting profession, has introduced a new insurance application for smaller CPA firms. The online, interactive application guides users through a three-step process for accountants professional liability (APL) insurance. …

POSTED NOVEMBER 22, 2017 5:51 AM
Florida Nursing Home to Congress: Patient Deaths After Hurricane Irma Not Staff’s Fault
A Florida nursing home under investigation for the deaths of 13 patients after Hurricane Irma says in a letter to Congress that staff members did everything possible but couldn’t overcome a lack of power to the central air conditioner. In …

POSTED NOVEMBER 22, 2017 5:45 AM

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