Monthly Archives: <span>May 2008</span>

Central Florida Wildfires Prompt Evacuations, Road Closures

Brush fires shut down roads in central Florida on May 11 and forced evacuations, authorities said. A portion of Interstate 95 in Brevard County was shut down because of heavy smoke from a blaze near Malabar, the Orlando Sentinel reported …

Small Mississippi Earthquake Shakes Belden Area

Officials with the National Weather Service in Memphis and Lee County E-911 say an earthquake caused no injuries after it hit the Belden, Miss. area on May 10. A dispatcher for 911, Tanya Mayo, says the earthquake registered a magnitude …

Advance Insurance Services Acquires J.D. Ellington Insurance Services.

Las Vegas NV.– Advance Insurance Services acquired the assets of J.D Ellington Insurance Services, Inc. the transaction was completed April 30th. Terms of the transaction were not disclosed. Advance Insurance Services, www.advancenv.com based in Las Vegas, Nevada completed the acquisition …

Arthur J. Gallagher Acquires Specialty Risk of Missouri

Itasca, Ill.-based Arthur J. Gallagher & Co. recently announced the acquisition of Specialty Risk, Inc. of Liberty, Mo. Terms of the transaction were not disclosed. Established in 1994, Specialty Risk, Inc. is a retail insurance broker providing risk management and …

UPDATE: RMS Analyzes China Quake

A report from Risk Management Solutions on the 7.5 magnitude earthquake that struck China’s Sichuan province on Monday reports that “over 7,000 casualties had been reported. More than 100 fatalities occurred from the collapse of a school in Dujiangyan City, …

Hiscox Posts Mixed Q1 Results

Bermuda-based Hiscox Ltd. Posted mixed results, which it nonetheless described as “a good start to the year,” despite a 10 percent drop in total gross written premiums – from £358.4 million ($701.6 million) to £321.3 million ($629 million). “Our strategy …

California Forecasts Stability in Workers’ Comp Insurance Market

California Insurance Commissioner Steve Poizner announced that, for the first time in six years, an interim pure premium rate advisory will not be issued by his office because of market strength. In the past, the insurance commissioner issued the advisory …

Pennsylvania Prosecutors Say Ex-Judge Can Get Fair Trial in Erie

Pennsylvania prosecutors say former Superior Court Judge Michael Joyce’s insurance fraud trial should remain in Erie’s federal court. The 59-year-old Joyce wants the trial moved to U.S. District Court in Pittsburgh. His attorneys claim news coverage has generated prejudice toward …

R.I. Supreme Court to Webcast Arguments in Lead Paint Case

People following the state’s lawsuit against former lead paint manufacturers can watch online this week as both sides argue their case to the Rhode Island Supreme Court. The court plans to Webcast the May 15 arguments in the companies’ appeal …

North Carolina Teams Assess Tornado-affected Counties

North Carolina Gov. Mike Easley dispatched damage assessment teams comprised of state and local officials to Jones and Bertie counties to begin the process of assessing damage from the storm that swept through the area on May 11. The Jones …