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Tue, 14 Aug 2018 16:55:09 +0000
A newspaper says the total number of traffic fatalities for this year’s Sturgis Motorcycle Rally in South Dakota may be higher than the state’s official count of four. The Rapid City Journal counted at least nine deaths associated with the …
Tue, 14 Aug 2018 16:48:19 +0000
A federal judge has dismissed part of a lawsuit in connection with an industrial fire in West Virginia. The Parkersburg News and Sentinel reports U.S. District Judge Thomas E. Johnson dismissed most of the claims made in a class action …
Tue, 14 Aug 2018 16:44:01 +0000
Tennessee health officials say at least 74 people have contracted hepatitis A in Nashville since last December. Nashville’s Metro Public Health Department said in a statement on Friday that it continues to work with state and local officials to urge …
Tue, 14 Aug 2018 16:37:37 +0000
Louisiana expects to spend $649 million on homeowner rebuilding aid after the 2016 floods, only about half the money set aside for the effort. The Advocate reports 44 percent fewer households than anticipated are expected to access recovery money alloc...
Tue, 14 Aug 2018 16:34:51 +0000
Privately held independent insurance agency, MJ Insurance, has relocated its Indianapolis headquarters to 30,000 square feet at 571 Monon Blvd., located in the newly-expanded Midtown District of Carmel, Indiana. MJ Insurance has also unveiled a complet...
Tue, 14 Aug 2018 16:30:11 +0000
Armonie Brown in Refugio, Texas, pauses for a second when asked about Hurricane Harvey. The Corpus Christi Caller-Times reports Brown saw friends and teammates lose their homes and all their belongings, while the school he went to was heavily damaged …
Tue, 14 Aug 2018 16:22:59 +0000
The Austin (Texas) Association of Insurance Professionals (AAIP) has elected Danny Journeay with Specialty Insurance Managers Inc. as president of the group for 2018/19. AAIP, which celebrates its 75th anniversary in 2018, installed new officers and di...
Tue, 14 Aug 2018 16:15:34 +0000
Wholesale insurance broker and underwriting manager Burns & Wilcox has relocated and expanded its Minneapolis, Minnesota office, and appointed Tom O’Donnell as associate managing director. The office, which focuses heavily on specialty Commercial and P...
Tue, 14 Aug 2018 16:10:08 +0000
California homeowners may find themselves facing insurance headaches even if their houses weren’t affected by this year’s blazes. The California Department of Insurance had already warned this year that the increasing number and severity of wildfires w...
Tue, 14 Aug 2018 16:05:28 +0000
The Federal Emergency Management Agency’s National Flood Insurance Program is telling people in the Flagstaff area affected by a recent fire that they should protect their homes and families from flash flooding caused by summer rains. The agency says t...
Tue, 14 Aug 2018 16:04:02 +0000
California’s wildfires are now burning through land at a pace more than three times faster than last year’s blazes. About 4,200 fires have charred 726,000 acres (294,000 hectares) in the state so far this year, according to figures from the …
Tue, 14 Aug 2018 16:01:18 +0000
Alaska’s North Slope was hit Sunday by the most powerful earthquake ever recorded in the region, the state’s seismologist said. At 6:58 a.m. Sunday, the magnitude 6.4 earthquake struck an area 42 miles (67 kilometers) east of Kavik River Camp …
Tue, 14 Aug 2018 15:51:05 +0000
The Beacon Group of Companies, an independent financial services firm, has announced senior-level promotions within its Institutional Retirement Plan Practice. Mark W. Schatzel has been promoted to the role of managing director of retirement plan sales...
Tue, 14 Aug 2018 15:29:13 +0000
Now that interest rates are rising again, it’s time to re-examine whether buying an insurance agency is the smart choice for growth or whether building an agency makes more sense. While lots of factors come into play when agents want …
Tue, 14 Aug 2018 14:51:10 +0000
Activist investor Carl Icahn has dropped his fight to block Cigna Corp.’s $54 billion acquisition of Express Scripts Holding Co. after two prominent shareholder advisory firms came out in support of the deal. Institutional Shareholder Services Inc. and...
Tue, 14 Aug 2018 13:45:49 +0000
On Monday morning, six days after Tesla CEO Elon Musk tweeted that he was thinking about taking the company private at $420 a share, with “funding secured” for the transaction, Tesla published a blog post in which Musk clarified his …
Tue, 14 Aug 2018 13:36:42 +0000
A bus hit an overpass at Newark’s Penn Station, peeling back part of its roof and injuring dozens of passengers. Officials say about 50 people were on the bus, which was headed to New Jersey from Washington, when it hit …
Tue, 14 Aug 2018 13:05:12 +0000
Officials fear that an underground coal refuse fire at the site of a soon-to-be-shuttered glass factory in western Pennsylvania may be spreading. Workers say fire was seen shooting up through the ground behind the Pittsburgh Glass Works plant in East …
Tue, 14 Aug 2018 13:00:08 +0000
XL Catlin insurance operations recently added Naveed Khalidi and Michelle Jensen to its team of Mergers and Acquisitions (M&A) insurance underwriters. Khalidi joins XL Catlin from Allied World Assurance Co., where he most recently held the position of ...
Tue, 14 Aug 2018 12:48:52 +0000
Virginia Governor Ralph Northam has signed an executive order establishing a task force to come up with a plan to prevent worker misclassification and payroll fraud. The state estimates that the misclassification of employees as independent contractors...
Tue, 14 Aug 2018 11:24:17 +0000
Canada’s largest province is delaying the launch of private marijuana sales in bricks-and-mortar stores until April 2019, nearly six months after the drug is legalized for recreational use. Ontario’s Progressive Conservative government said Monday it w...
Tue, 14 Aug 2018 11:03:53 +0000
The death toll from the earthquake that rocked the Indonesian island of Lombok a week ago has passed 430 and the government is estimating economic losses will exceed several hundred million dollars. The national disaster agency said Monday the Aug. …
Tue, 14 Aug 2018 10:47:03 +0000
What could be less threatening than the old office fax machine? Nothing. That’s precisely why it’s used as a backdoor for hackers to get into an organization’s network. Check Point, a cyber security firm in Israel, said Sunday that their …
Tue, 14 Aug 2018 09:55:01 +0000
Credit ratings agency Moody’s is converting its Stockholm branch into a subsidiary as the sector faces regulatory pressure to have enough staff in the European Union post Brexit. Moody’s, one of the “Big Three” global agencies along with Standard & …
Tue, 14 Aug 2018 09:35:27 +0000
Marsh has launched a new insurance solution to assist small and mid-sized law firms in England and Wales in managing their professional indemnity (PI) risks. Available exclusively to Marsh clients, the solution uses analytics and independent performanc...
Tue, 14 Aug 2018 09:14:51 +0000
Chubb announced the appointment of Janet Edey as head of Management Liability for the UK and Ireland. In this role, Edey will have responsibility for leading and overseeing the development and execution of Chubb’s management liability strategy. Managem...
Tue, 14 Aug 2018 05:00:54 +0000
Although there has been an overall decline in workers’ compensation claims, the frequency of claims for motor vehicle accidents has increased in recent years. According to the National Council on Compensation Insurance (NCCI) in a new report, these acc...
Tue, 14 Aug 2018 05:00:30 +0000
Auto insurance shoppers are placing a greater importance on having more services provided to them today versus five years ago, underscoring the fact that shoppers are increasingly demanding more product options and more and different ways to connect wi...
Tue, 14 Aug 2018 04:43:51 +0000
EPIC Insurance Brokers and Consultants has added attorney Jeremy Glassford to the firm’s Birmingham-based National Energy Construction practice as a senior client executive, reporting to EPIC Managing Principal Crawford McInnis. Glassford will be invol...
Tue, 14 Aug 2018 04:34:16 +0000
Last year’s intense hurricane season has motivated most Florida residents to prepare for hurricanes that could hit the state this year, according to a recent survey by the Property Casualty Insurers Association of America (PCI). The results showed a hi...