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Corporate Culture, Cyber Risk Are Top of Mind for D&O Underwriters
Transparency and culture awareness were the key takeaways from a panel discussion on top directors and officers’ claims trends that took place at this year’s Professional Liability Underwriting Society (PLUS) annual conference in San Diego. An audience poll at the …

POSTED JANUARY 21, 2019 6:00 AM
Insurance Agents Assured of Trump Pass-Through Tax Break Under Final Treasury Rule
The U.S. Treasury today issued final regulations and other guidance on a provision of the Tax Cuts and Jobs Act that allows owners of sole proprietorships, partnerships, trusts, and S corporations to deduct up to 20 percent of their qualified …

POSTED JANUARY 18, 2019 9:41 PM
Oklahoma Securities Agency’s Computer Files Breached, Firm Says
The Oklahoma agency that protects investors from fraud is investigating whether its data was breached after a cybersecurity research team discovered that a computer server had left millions of files unsecured and open to the public. Oklahoma Department of Securities …

POSTED JANUARY 18, 2019 5:47 PM
Former Farmers, AIG Direct, 21st Century Exec DeSantis Named President, CEO of The General
Nashville-based auto insurer The General has appointed veteran insurance executive Tony DeSantis to the new position of president and chief executive officer, joining Chief Operating Officer Steve Tjugum as the company’s top leaders. Elicia Azali has been named Marketing senior …

POSTED JANUARY 18, 2019 5:43 PM
South Carolina Capitol City Bans Electric Scooters
South Carolina’s capitol city has banned electric scooters for a year while the city studies the operation of companies providing the service. News outlets reported Columbia City Council voted Tuesday to prohibit the use of electric scooters to protect the …

POSTED JANUARY 18, 2019 5:36 PM
Arthur J. Gallagher Acquires Interstate Insurance Underwriters in Louisiana
Arthur J. Gallagher & Co. has acquired Shreveport, Louisiana-based Interstate Insurance Underwriters LLC, the company announced. Terms of the transaction were not disclosed. Founded in 1963, Interstate Insurance Underwriters is a managing general agency (MGA) offering a variety of property/casualty …

POSTED JANUARY 18, 2019 5:35 PM
New Suits Filed Over Pain Meds Given to Near-Death Patients in Ohio
An Ohio man said on Jan. 16 he was stunned to learn of allegations that his wife’s hospital death last year was caused by a doctor’s order for a fatal dose of pain medication. David Austin said he called an …

POSTED JANUARY 18, 2019 5:14 PM
Ohio Hospital: Doc Gave Excessive Pain Meds to Near-Death Patients, Suit Filed
An intensive care doctor ordered “significantly excessive and potentially fatal” doses of pain medicine for at least 27 near-death patients in the past few years after families asked that lifesaving measures be stopped, an Ohio hospital system announced after being …

POSTED JANUARY 18, 2019 5:10 PM
California OK’s Pot Deliveries into Communities that Ban Sales
California has endorsed a rule that will allow home marijuana deliveries statewide, even into communities that have banned commercial pot sales. The regulation by the state Bureau of Cannabis Control was opposed by police chiefs and other critics who predict …

POSTED JANUARY 18, 2019 4:40 PM
California Insurance Commissioner Names Executive Team
California Insurance Commissioner Ricardo Lara announced new members of his executive team, including the first Latina chief deputy in the history of the California Department of Insurance. The new executive team members join an existing leadership team. “I am proud …

POSTED JANUARY 18, 2019 4:34 PM

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