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The Scoop: December 11, 2019 Edition
Headlines in this edition of The Scoop: In most states, open enrollment ends Sunday; 4.7 million uninsured Americans could get FREE coverage; Virginia pauses implementation process for Medicaid work requirement; Michigan still on track to have Medicaid work requirement in January; Health reform...
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11 People Treated for Injuries from Chemical Reaction at Alabama Plastic Plant
Medical workers treated nearly a dozen people and firefighters evacuated a building Monday after a chemical reaction caused injuries inside a manufacturing plant. The Montgomery Fire Department said the incident happened after chemicals became mixed accidentally at Kinpak, a plastic …
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Law Enforcement Investigating Cyberattack on Florida City Where Navy Attack Occurred
Federal authorities are investigating a cyberattack on the city of Pensacola, Florida, home to the naval air station where a Saudi flight student killed three sailors and wounded eight others on Friday. Mayor Grover Robinson on Monday said it’s not …
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Southeast Insurance Chiefs Farmer, Altmaier Elected to Top NAIC Posts
South Carolina Department of Insurance Director Ray Farmer and Florida Insurance Commissioner David Altmaier have been elected to the positions of president and president-elect, respectively, of the NAIC (National Association of Insurance Commissioners). The two were voted in at the …
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EMC Insurance CEO Kelley To Retire in March; Jean Named as Successor
Bruce Kelley, CEO, president and treasurer, has informed the Employers Mutual Casualty Co. (EMC) board of directors that he is retiring in March, 2020 after 35 years with the insurer Scott Jean, currently executive vice president for Finance and Strategy, …
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Special Report: America’s Best Independent Insurance Agencies to Work For
The votes have been tallied and the results are in for the 2019 Best Independent Insurance Agency to Work For survey by Insurance Journal. The winners have been chosen by employees. Employees of the Best Agencies to Work For in …
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Calpers: One-Fifth of Public Holdings Exposed to Climate Risk
About one-fifth of the California Public Employees’ Retirement System public markets portfolio is exposed to potential losses from climate change, the $381 billion pension fund manager reported this week in its first ever climate-risk disclosure report. The report, mandated by …
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BMS Re Revamps U.S. Reinsurance Management; Appoints Chandler President and CEO
Reinsurance broker BMS Group announced a series of management changes within its U.S. reinsurance team as the intermediary continues its expansion. This follows the completion in October of a large-scale investment into BMS by British Columbia Investment Management Corp. and …
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Virginia Beach Mass Shooting Led to 450 Workers’ Comp Claims
Workers’ compensation claims have emerged as another yardstick for measuring the devastation of the mass shooting in Virginia Beach. The Virginian-Pilot reported Sunday that 450 city employees have filed for workers’ compensation benefits. The vast majority of the claims are …
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New Zealand Tragedy Raising Questions About Live Volcano Tourism
Tourists caught in the deadly blast at New Zealand’s White Island were there despite a recent increase in volcanic activity, although experts said precise predictions on eruptions were all but impossible. Five people were killed, eight are still missing and …