April 19, 2018
New England Insurance Group
Thu, 19 Apr 2018 05:55:09 +0000
Randy Larsen has been promoted to president of Western Regions for AssuredPartners Inc. He is based in Kansas City, Missouri. Larsen started his career in 1986 in the banking industry at American National Bank in Scottsdale, Arizona. In 1998, after …
Thu, 19 Apr 2018 04:29:56 +0000
AssuredPartners, Inc. has announced two promotions at its company headquarters in Lake Mary, Fla. Steve Deal has been promoted to president of Eastern Regions, reporting to President and COO Tom Riley. Deal will work within the existing operational str...
Thu, 19 Apr 2018 04:26:01 +0000
The North Carolina Department of Insurance has reached a settlement with the North Carolina Rate Bureau on homeowner insurance rates that will increase rates statewide by an average of 4.8 percent. The agreement between the two parties effectively ends...
Thu, 19 Apr 2018 04:24:46 +0000
The National Weather Service confirms six tornadoes hit Mississippi on Saturday. Tornadoes were reported in Lafayette, Lamar, Lauderdale, Rankin and Winston counties. Surveyors say damage in Lowndes County was caused by a thunderstorm. The Lauderdale s...
Thu, 19 Apr 2018 04:19:34 +0000
An insurance agency owner in Florida has been arrested after he admitted to stealing more than $60,000 in insurance premiums, according to a statement from the Florida Department of Financial Services (DFS). Michael Christopher Hensley, owner BOSC Insu...
Thu, 19 Apr 2018 04:02:41 +0000
Great American Insurance Company and RPX Insurance Services, LLC (RPXIS), a wholly owned subsidiary of RPX Corporation, have entered into a limited binding authority agreement. Under the terms of the agreement, RPX Insurance Services, which specializes...
Wed, 18 Apr 2018 18:07:24 +0000
More than a million San Francisco Bay Area residents would face extensive damage to their homes after a major earthquake on the Hayward fault, according to a new earthquake scenario developed by the U.S. Geological Survey. The USGS findings, which …
Wed, 18 Apr 2018 16:36:28 +0000
A mid-April storm that pushed across the U.S. created a tornado in North Carolina that killed a person, caused widespread power outages in North and South Carolina and caused flooding emergencies in West Virginia and Kentucky. In Mississippi, 80 people …
Wed, 18 Apr 2018 16:30:47 +0000
Survey teams with the National Weather Service have confirmed 11 tornadoes so far from the severe storms that hit Arkansas on Friday and Saturday. The NWS previously said it had confirmed nine tornadoes. The two strongest tornadoes were both rated …
Wed, 18 Apr 2018 16:26:04 +0000
Recent damage to underwater oil and electrical lines in the waterway connecting Lake Huron and Lake Michigan that’s blamed for an insulation fluid spill was caused by a tugboat dragging its anchor, Michigan’s attorney general announced. Attorney Genera...
Wed, 18 Apr 2018 16:21:10 +0000
Federal officials say TRU Towing Auto, a New Orleans-based towing business, has breached a settlement it agreed to after being charged with workplace pregnancy discrimination. The U.S. Equal Employment Opportunity Commission (EEOC) has filed suit again...
Wed, 18 Apr 2018 16:12:08 +0000
Three people in Ohio have been charged with insurance fraud totaling more than $330,000, according to the U.S. Attorney’s Office for the Northern District of Ohio Kifiyun Daniels of Akron, and Jessie Banks of Barberton, and Jody Foster of Ravenna …
Wed, 18 Apr 2018 15:28:41 +0000
Cincinnati, Ohio-based Great American Insurance Group has promoted Ken W. Schneider to divisional senior vice president of its Specialty Equipment Services Division. Schneider will continue to oversee the division’s underwriting, product development an...
Wed, 18 Apr 2018 14:26:45 +0000
Heavy rains on Kauai let up this week, which helped emergency workers better rescue people stranded by flooding on the Hawaiian island. By Monday afternoon, emergency crews evacuated 152 people by helicopter, 121 people by bus and others by water, …
Wed, 18 Apr 2018 14:23:34 +0000
A Southern California commuter train struck and killed a woman who fell from a platform onto tracks. Police Lt. Paul McLaughlin says the woman slipped and fell backward from the platform. McLaughlin says a man jumped onto the tracks and …
Wed, 18 Apr 2018 14:19:59 +0000
The New York State Workers’ Compensation Board (the Board) has proposed improvements in medical care for injured workers. Its proposal includes an increase in medical reimbursement to providers who treat workers’ compensation claimants and the adoption...
Wed, 18 Apr 2018 14:18:28 +0000
Most cities suing oil companies over the impact of climate change want help paying for walls to protect against rising sea levels. And then there’s Boulder, Colo. The politically liberal town known as the gateway to the Rocky Mountains and …
Wed, 18 Apr 2018 14:03:47 +0000
Arthur J. Gallagher in Jericho, N.Y., (AJG) has added four professionals from SterlingRisk in Woodbury, N.Y., to its Construction Practice Group for Long Island. Joseph A Santospirito Jr. has been named area senior vice president within AJG’s Construct...
Wed, 18 Apr 2018 13:06:16 +0000
DFW Capital Partners, a 35-year-old private equity firm based in New Jersey, has completed an investment in ReSource Pro, becoming the company’s majority owner. ReSource Pro, a New York-based provider of operations efficiency and business process solut...
Wed, 18 Apr 2018 12:21:02 +0000
Marsh announced the appointment of Paul Denny as UK Financial and Professional Practice (FINPRO) Leader. Denny reports to Paul Moody, CEO of Marsh’s UK Specialties Division. Denny joined Marsh in 1989 and held senior roles in the firm’s London, Boston …
Wed, 18 Apr 2018 12:07:23 +0000
Global reinsurer capital continued to rise in 2017, despite the US$136 billion in insured losses from natural catastrophes last year, according to a reinsurance market report published by Aon Benfield. Indeed, capital levels stood at US$605 billion at ...
Wed, 18 Apr 2018 11:43:59 +0000
European regulators this month began requiring an inspection by early next year of the type of engine that blew apart on a fatal Southwest Airlines flight on Tuesday, and a source said U.S. regulators were near a similar rule. The …
Wed, 18 Apr 2018 11:13:54 +0000
Malayan Banking Bhd (Maybank), Malaysia’s biggest bank, is preparing to spin off and list its Etiqa insurance arm on the local stock exchange, sources with knowledge of the matter said on Wednesday. Etiqa, which operates in Malaysia, Singapore, the Phi...
Wed, 18 Apr 2018 10:40:57 +0000
Ant Financial’s rapid climb to become the world’s biggest super unicorn valued by some investors at around $150 billion showcases investor enthusiasm for the biggest Chinese tech companies and also how quickly valuations can shift. Just two months ago,...
Wed, 18 Apr 2018 10:20:40 +0000
Facebook Inc. is starting to comply with new privacy rules in Europe. And then, to get ahead of scrutiny everywhere else, the company said it will provide the same protections to the rest of its 2 billion users. Users in …
Wed, 18 Apr 2018 05:00:34 +0000
The parents of two children killed at Sandy Hook elementary school in 2012 sued Alex Jones, the host of InfoWars, who had derided the shooting as fake and possibly staged by the government. Leonard Pozner and Veronique De La Rosa, …
Wed, 18 Apr 2018 05:00:31 +0000
Concerned by a rise in near collisions by unmanned aircraft and commercial jets, the world’s airlines back development of a United Nations-led global registry for drones, an executive of their trade group said on Tuesday. The International Air Transpor...
Wed, 18 Apr 2018 04:52:09 +0000
S.S. Nesbitt (SSN), a Southeastern insurance agency and division of EBSCO Industries, Inc. (EBSCO), has appointed Jason Bosley as vice president in the property and casualty insurance practice. Bosley began as an underwriter with Travelers and later sp...
Wed, 18 Apr 2018 04:47:11 +0000
Florida Chief Financial Officer Jimmy Patronis has released a top 10 list of most wanted insurance fraud criminals and called on local communities to help with finding the individuals. According to a statement from the Florida Department of Financial S...
Wed, 18 Apr 2018 04:35:11 +0000
Marsh has launched a suite of new and enhanced risk analytics and insurance coverages designed to address business interruption (BI) risks arising from cyber-attacks. Marsh’s new cyber BI suite includes proprietary insurance wording and risk assessment...