March 6, 2012
The Federal Emergency Management Agency on March 5 began surveying the damage from tornadoes and other severe weather that roiled southern Illinois last week, starting in the small town of Harrisburg, where six people were killed and 100 injured by …
March 6, 2012
A bill that would allow surplus lines policies to directly assume policies from Florida’s state-run property insurer is all but dead after lawmakers tacked on an amendment that would require policyholders to sign-up for the program. The Florida Senate by …
March 6, 2012
Officials say a flow of lava has destroyed the last home in a sparsely populated neighborhood in Hawaii’s Puna district, near Hilo. The Hawaii Tribune-Herald reported the neighborhood’s last resident, Jack Thompson, left his home about an hour before the …
March 6, 2012
Englewood, Colo.–based risk analysis company IHS Inc. has completed three acquisitions for a total of about $45 million. The buyouts include Displaybank, which provides market research and consulting services for the flat-panel display industry. That company is based in Seoul, …
March 6, 2012
Two small, back-to-back earthquakes shook San Francisco Bay area residents awake Monday morning but appeared to leave no serious damage or injury. The U.S. Geological Survey reported that a magnitude-2.9 quake struck at 5:33 a.m. about eight miles northeast of …
March 6, 2012
Eugene F. McDonough has been appointed as New England regional executive and vice president of U.S. operations for Ironshore Inc. McDonough, based in Boston, will be responsible for business development and program oversight in the region representing New England and …
March 6, 2012
John Polak has been named general manager of the Texas Windstorm Insurance Association (TWIA). Since April 2011, Polak served as interim general manager for the association. Polak has more than 39 years of industry experience, including management positions in financial, …
March 6, 2012
Thomas J. Nolde has joined the Founders Insurance Co. of Des Plaines, Ill., as chief underwriting officer, commercial lines. Nolde’s responsibilities include managing the commercial lines underwriting team, as well as broadening Founders’ product base and facilitating entry to non-standard …
March 6, 2012
Kristina Donaldson, commercial insurance account manager with Messer-Bowers Company, Enid, Okla., recently was named Risk Management Professional of the Year at the Region VI Conference of the International Association of Insurance Professionals (IAIP). The Risk Management Professional of the Year …
March 6, 2012
Agents in Louisiana should be aware of a potential insurance scam related to habitation risks, according to the state’s top insurance regulator. Louisiana Commissioner of Insurance Jim Donelon issued an alert to all licensed insurance producers, warning them of an …