Articles by Andrew G. Simpson

Axis Insurance Denies Coverage for Tony Stewart in Ward Race Car Death

Axis Insurance says the lawsuit brought against racing star Tony Stewart, whose car struck and killed another racer during a New York event in 2014, is not covered by the insurance policies it issued for Stewart. Axis maintains that its …

BP Agrees to $18.7B Oil Spill Settlement with Government, Gulf States

BP Plc has agreed to a preliminary deal in which it will pay a record $18.7 billion to settle claims by five Gulf states and the U.S. government for the 2010 Deepwater Horizon oil spill, the worst oil spill in …

Workers’ Compensation Results Improved in 2014 But Industry Anxious About What’s Ahead

The workers’ compensation industry had a pretty good 2014 in which its combined ratio improved for the third consecutive year, premium grew for the fourth consecutive year, and claim frequency declined about two percent. But the results in 2014 were …

Georgia Court Rejects Bad Faith Claim Citing Insurer’s Lack of Consent to Settlement

The Georgia Supreme Court denied an insured’s bad faith claim against its insurer for its refusal to pay a settlement because the insured settled on the amount without the consent of the insurer that was required by the policy. A …

Exclusive: Haldeman, Son of Watergate, Remembers His Father and President Nixon

H.R. “Bob” Haldeman bears some responsibility for the Watergate scandal but he was innocent of the criminal charges brought against him, says the son of President Richard Nixon’s former chief of staff. In an exclusive, wide-ranging interview with Wells Media …

Public Radio Report Puts Spotlight on Workers’ Comp ‘Grand Bargain’

Last week’s ProPublica/National Public Radio report putting a spotlight on the workers’ compensation system caught the attention of experts who were meeting in Boston to share research on how the system is performing at the same time the series was …

North Carolina Arthur Damage Assessments Underway

Hurricane Arthur made landfall before midnight on July 3 near Cape Lookout, North Carolina, as a Category 2 hurricane. Maximum sustained winds at landfall were 100 mph, according to the National Hurricane Center. State officials said no casualties have been …

Adjuster Claims He’s Up for Lengthy Battle with Nationwide Over ‘On Your Side’ Slogan

A Tennessee adjuster sued by Nationwide Insurance for alleged trademark infringement because he used the company’s slogan, On Your Side, in his firm’s name and marketing, is fighting back in court and on the web. Jeremy Snyder, owner of On …

Nationwide Mutual, Adjuster on Different Sides Over ‘On Your Side’ Slogan

Nationwide Mutual Insurance Co., which has used the “On Your Side” slogan in its marketing and advertising since 1966, is suing a small Tennessee public adjusting firm that goes by the name On Your Side Adjusters Inc. for trademark infringement. …

Women (Not Men) Get Asked: Can You Have It All?

Can you have it “all”? It’s one of the questions that women in business get asked a lot but men are never asked. It’s also one of the questions fielded by a panel of women insurance industry executives who were …