Arizona is set to reduce taxes for insurance companies under a new bill Gov. Doug Ducey signed into law Monday. The tax cut is expected to mean the loss of more than $44 million to state’s general fund over the … The post Arizona Law Cuts Taxes for Insurers appeared first on Claims Journal. Source:…

Armed robbers took $8.5 million in gold from a refinery at a mine in Mexico’s western Sinaloa state, a Canadian mining firm says. A statement from Canada-based McEwen Mining Inc. says the theft occurred Tuesday at the El Gallo 1 … The post Robbers Steal $8.5M in Gold From Mexican Mine appeared first on Claims…

The National Hurricane Museum and Science Center has received a financial shot in the arm, with a $1 million donation by the Stream family. Gray Stream, the center’s board chairman, told the American Press on Monday that the donation brings … The post Louisiana Hurricane Museum Received $1M Donation appeared first on Claims Journal. Source:…

In the workplace, age matters – but hiring or promoting based on age-related mental abilities can be a minefield, according to new research published by the American Psychological Association. Older executives bring valuable skills to the job, such as higher … The post Older Versus Younger Workers Bring Different Advantages to Job appeared first on…

Investigators of the private-jet crash that killed billionaire Lewis Katz discovered that the sports mogul’s personal pilots almost never performed the required pre-flight safety checks when shuttling their boss around the country. There were only two occasions out of the … The post Pilots in Fatal Katz Crash Ignored Safety Check on 99% of Trips…

Workers’ compensation specialist The MEMIC Group has announced the promotion of Daniel J. McGarvey to chief operating officer. McGarvey joined MEMIC in 2009 as senior vice president of Finance and chief financial officer. In his new role, McGarvey will oversee … The post MEMIC promotes McGarvey to Chief Operating Officer appeared first on Claims Journal.…

Workers’ compensation carriers and self-insurers will not be required to pay for a patient’s medical marijuana under a new bill Gov. Doug Ducey signed into law Monday. The state’s more than 63,000 holders of medical marijuana cards will still be … The post Arizona Law Clarifies Medical Marijuana Insurance Requirements appeared first on Claims Journal.…

Nearly 50 years after Captain Kirk began using his wrist communicator on the television show, Star Trek, wearable technology is taking hold. From Fitbit and Nike Fuelbands to Google Glass and Golden-I, the technology is influencing how people live and … The post How Wearable Devices Are Disrupting the Insurance Industry appeared first on Claims…

Windstorms Mike and Niklas, which swept across Europe last month, killing nine people and severely damaging parts of Germany, probably cost insurers more than $1 billion, Aon Plc said. The hurricane-force winds also struck portions of the U.K., Netherlands, Switzerland, … The post Windstorms Mike, Niklas Causing Damage in Europe Cost Insurers $1B appeared first…

The federal government has the backs of insurers and their clients as they seek to protect themselves from, and adapt to, the fast-evolving threat of cyber attacks, Federal Insurance Office Director Michael McRaith assured an industry crowd on March 17. … The post Feds Support Insurers Seeking Protection From Cyber Attacks appeared first on Claims…