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Risk Cooperative Becomes Lloyd’s Coverholder for Cyber Insurance Facility
Risk Cooperative, a specialized insurance and risk advisory firm, has been approved as a Lloyd’s coverholder giving it the ability to provide up to $10 million in stand-alone cyber insurance coverage. Risk Cooperative can now offer middle market customers and …

POSTED OCTOBER 18, 2017 5:41 AM
Authorities Investigating Multiple Fires in Historic Alabama Town
Authorities are investigating a series of fires in an Alabama town, including one that damaged a historic former school building. The Selma Times-Journal reports that as many as five fires were reported in the city’s downtown area on Saturday night. …

POSTED OCTOBER 18, 2017 5:09 AM
Trump Supports Senators’ Bipartisan Deal to Save Obamacare in Short-Term
Two U.S. senators on Tuesday reached a bipartisan agreement to shore up Obamacare for two years by reviving federal subsidies for health insurers that President Donald Trump planned to scrap, and the president indicated his support for the plan. The …

POSTED OCTOBER 18, 2017 5:00 AM
Distracted Driving Is More Deadly Than Data Shows: Special Report
Jennifer Smith doesn’t like the term “accident.” It implies too much chance and too little culpability. A “crash” killed her mother in 2008, she insists, when her car was broadsided by another vehicle while on her way to pick up …

POSTED OCTOBER 18, 2017 5:00 AM
Court Reverses $72M J&J Talc Injury Verdict Citing Supreme Court
Johnson & Johnson on Tuesday won the reversal of a $72 million verdict in favor of the family of a woman whose death from ovarian cancer they claimed stemmed from her use of the company’s talc-based products like Johnson’s Baby …

POSTED OCTOBER 18, 2017 5:00 AM
Mississippi Woman Arrested Over Attempt to Defraud Geico
A Mississippi woman accused of attempting to defraud an insurance company out of thousands of dollars has been arrested. News outlets report 30-year-old Kyomi M. Fulton, of Fayette, was arrested Oct. 11 and charged with one count of insurance fraud …

POSTED OCTOBER 18, 2017 4:29 AM
Georgia Estimates $550M in Insured Losses from Hurricane Irma
Georgia’s estimated insured losses from Hurricane Irma have climbed to more than $550 million, with insurers reporting approximately 103,163 claims filed so far, according to Georgia Insurance Commissioner Ralph Hudgens. The estimate is based on claims data reported to the …

POSTED OCTOBER 18, 2017 4:16 AM
BKS Partners of Florida Promotes Hammer to Partner
Baldwin Krystyn Sherman Partners (BKS-Partners) has promoted Matt Hammer to partner. He will lead the company’s Orlando office. As a partner, Hammer now has an ownership stake in the firm. His involvement in strategic planning and decision making will continue …

POSTED OCTOBER 18, 2017 4:09 AM
PEMCO in Washington Names Vigil to Executive Team, Barry as Vice President of Claims
Seattle, Wash.-based PEMCO Insurance has named M.J. Vigil to its executive team as the company’s new vice president of people and brand. PEMCO also named Paul Barry to its executive leadership team as vice president of claims. Vigil will be …

POSTED OCTOBER 18, 2017 3:12 AM
Collaborative Project Saved Homes in Oregon from Fires. Can It Be Duplicated?
Lightning started a forest fire one August afternoon near Sisters, an Oregon tourist town, and it was spreading fast. Residents in outlying areas evacuated as flames marched toward their homes. Just a few months earlier, the U.S. Forest Service and …

POSTED OCTOBER 18, 2017 2:56 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 Eden Insurance & Financial Services 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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