July 27, 2017
Halcyon Underwriters
Fri, 28 Jul 2017 05:00:52 +0000
In Youngstown, Ohio, the employment problem is not a shortage of jobs. Nor is it a shortage of workers. The problem is not stingy employers who don’t want to pay enough to attract good workers. Nor is the problem that …
Fri, 28 Jul 2017 05:00:15 +0000
While the media, ethicists and perhaps the public like to ponder whether a self-driving car in a crisis should be programmed to hit a group of nuns crossing the street or hit a bus full of schoolkids, the drive toward …
Fri, 28 Jul 2017 05:00:10 +0000
Federal class action securities fraud filings hit a record pace in the first half of 2017. Over the past six months, plaintiffs initiated 226 securities fraud class actions in federal court, more than in any equivalent period since enactment of …
Fri, 28 Jul 2017 04:26:49 +0000
Assistance provided by insurance experts working Florida’s Insurance Consumer Helpline led to the recovery of more than $16.6 million during the first half of 2017, according to a statement by Chief Financial Officer Jimmy Patronis. Helpline experts an...
Fri, 28 Jul 2017 04:11:09 +0000
AmWINS Program Underwriters has launched a new stand-alone site pollution liability program to offer a streamlined alternative for small auto servicing entities to obtain site pollution liability coverage. The program, known as Dealer Pollution Advanta...
Fri, 28 Jul 2017 04:04:39 +0000
North Carolina motorists could be fined at least $400 if they pass a stopped school bus, according to a new law now in effect. Gov. Roy Cooper on Tuesday signed into law legislation that he suggested while still attorney general. …
Fri, 28 Jul 2017 04:00:36 +0000
U.S. Risk Insurance Group, LLC, a property and casualty wholesaler, has acquired Strategic Insurance Underwriters, a specialist trucking MGA and broker headquartered in Sarasota, Fla. Strategic Insurance Underwriters has a 34-year history of offering t...
Fri, 28 Jul 2017 04:00:26 +0000
A hospital spokesman says three construction workers have been injured when a small section of a hospital parking garage collapsed in West Virginia. Charleston Area Medical Center spokesman Dale Witte says crews were pouring concrete when part of a flo...
Fri, 28 Jul 2017 01:40:19 +0000
At least one person was killed and several others injured when a ride malfunctioned on opening day of the Ohio State Fair, fire officials said. Some of the victims were thrown from the Fire Ball ride when it malfunctioned Wednesday …
Fri, 28 Jul 2017 01:33:50 +0000
The Independent Insurance Agents of Texas (IIAT) elected William Page of Wortham Insurance in Austin; Brad Hempkins of Hempkins Insurance in Allen; and Nathan Sawyer of Sawyer & Associates in Monahans to its board of directors during the association’s ...
Fri, 28 Jul 2017 01:26:46 +0000
ONI Risk Partners (ONI), headquartered in Indianapolis, Ind., is acquiring Franklin, Ind.-based Green Owens Insurance (Green Owens). In business since 1979, the Green Owens team joins ONI’s 300-plus insurance professionals serving business and individu...
Fri, 28 Jul 2017 01:19:25 +0000
New Berlin, Wis.-based workers’ compensation insurance company, United Heartland, has announced its top territory insurance agencies for 2016. United Heartland’s three 2016 Agency of the Territory winners: TIS Insurance Services Inc. – Knoxville, Ten...
Fri, 28 Jul 2017 01:08:17 +0000
Mergers and acquisitions (M&As) among North American insurance agencies continued at a strong pace during the second quarter of 2017, with 135 reported transactions in the second three months of 2017, Chicago-based OPTIS Partners reports. There were 18...
Thu, 27 Jul 2017 21:05:00 +0000
Climate change may pose a serious risk to the nation’s electric grid, according to a new report. The report was prepared by Johns Hopkins University with help from Swiss Re. “Lights out: The risks of climate and natural disaster related …
Thu, 27 Jul 2017 17:41:07 +0000
French authorities ordered the evacuation of up to 12,000 people around a picturesque hilltop town in the southern Cote d’Azur region as fires hopscotched around the Mediterranean coast for a third day Wednesday. A raging wildfire began late Tuesday in …
Thu, 27 Jul 2017 16:55:02 +0000
Former Texas Public Insurance Counsel and former Workers’ Compensation Commissioner Rod Bordelon has joined Austin-based Granite Public Affairs where he will lead the firm’s insurance and regulatory affairs practice. An 11-time gubernatorial appointee,...
Thu, 27 Jul 2017 16:45:52 +0000
The Independent Insurance Agents of Texas (IIAT) elected Rick Dudney of TCOR Management in New Braunfels to serve as chairman for 2017-2018 during IIAT’s 120th Annual Conference and Trade Show in Fort Worth. Dudney entered insurance in 1997 as a …
Thu, 27 Jul 2017 16:35:55 +0000
North Insurance Commissioner Jon Godfread said an insurance fraud charge has been filed against Joshua Kadrmas, of Mandan, ND. The department’s report stated that Kadrmas indicated to his insurance company that he hit a deer while on his motorcycle cau...
Thu, 27 Jul 2017 16:30:20 +0000
An eastern Kansas woman accidentally has set her apartment on fire in an attempt to kill a bug by burning it with a small, flip-style lighter. Officials estimate that the fire caused $140,000 in damage Monique Quarles told The Topeka …
Thu, 27 Jul 2017 16:28:09 +0000
Fire officials in the southeast Missouri town of Poplar Bluff are investigating a rash of arson fires at vacant homes. The Poplar Bluff Daily American Republic reports that 16 vacant houses have been set on fire since February. The locations …
Thu, 27 Jul 2017 16:26:20 +0000
The Ohio Supreme Court on July 26 upheld cities’ use of traffic camera enforcement for a third time, striking down as unconstitutional legislative restrictions that included requiring a police officer to be present. The ruling was 5-2 in support of …
Thu, 27 Jul 2017 15:43:51 +0000
A Colorado town has updated its public health and safety code so it can locally regulate the oil and gas industry. The Daily Camera reported Erie trustees approved an ordinance allowing the town to consider complaints against fracking-related odors. The …
Thu, 27 Jul 2017 15:41:22 +0000
Golden State Warriors star Draymond Green is being sued by a couple who claim he and his entourage assaulted them last year. Jermaine Edmondson and Bianca Williams filed the lawsuit seeking unspecified monetary damages in California’s Alameda County. T...
Thu, 27 Jul 2017 15:38:40 +0000
San Francisco officials have approved a new Office of Cannabis in advance of recreational marijuana sales starting in California next year. The San Francisco Chronicle reported that the Board of Supervisors also directed the new office to analyze disp...
Thu, 27 Jul 2017 15:07:26 +0000
Marsh & McLennan Companies reported revenue increases across all of its four operating units, along with margin expansion in insurance and consulting businesses, in its financial results for the second quarter. Insurance and risk revenue grew 2 percent...
Thu, 27 Jul 2017 12:49:02 +0000
U.S. Senate Republicans begin their final push on Thursday to unravel Obamacare, seeking to wrap up their seven-year offensive against former Democratic President Barack Obama’s signature healthcare law that extended insurance coverage to millions. Rep...
Thu, 27 Jul 2017 12:28:05 +0000
Todd Cunningham has been named to head the Single-Parent and Sponsored-Cell Captives unit for Zurich North America. As part of its single-parent captive solutions, Zurich offers fronting, reinsurance, claims, risk-engineering and loss-analysis services...
Thu, 27 Jul 2017 11:44:32 +0000
Allianz Global Corporate & Specialty (AGCS) has partnered with insurtech startup Flock to launch on-demand drone insurance in the UK market through a mobile app for commercial and recreational users. To be available in the UK market later this year, …
Thu, 27 Jul 2017 11:32:51 +0000
A New Jersey pizza parlor has been completely destroyed after a massive fire. WNBC-TV reports the flames ignited at Bruno’s Pizzeria around 10 p.m. Sunday in Passaic, N.J. Fire Chief Patrick Trentacost says the fire burned for a while before …
Thu, 27 Jul 2017 11:29:19 +0000
New York state is set to study the use of a device known as the “textalyzer” that would allow police to determine whether a motorist involved in a serious crash was texting while driving. Democratic Gov. Andrew Cuomo announced Wednesday …