Monthly Archives: <span>July 2012</span>

More Gen Y’ers Passing on Driving

To Shoshana Gurian-Sherman, driving seemed like a huge hassle. “Part of it was laziness,” the 23-year-old Minneapolis, Minn., resident recalled. “I didn’t really want to put in the effort to learn how to drive … I knew how to ride …

Suit Says Hyundai Inflated 40 Mpg Claim

A California lawsuit says Hyundai’s Elantra vehicle doesn’t get the advertised 40 miles per gallon. Santa Monica-based Consumer Watchdog joined Elantra buyer Louis Bird in the Sacramento lawsuit claiming Hyundai Motor America aggressively pitches its “40 mile per gallon Elantra” …

Bottom-Line: Commenters Buried

Everybody has an opinion, but those with some of the best and most interesting opinions often end up getting buried. We all get buried one way or another, but the type of “buried” in question refers to burying the news. …

Employers Turn to Healthcare Law’s Requirements

The majority of employers in a recent survey said they had been waiting for the U.S. Supreme Court’s decision before developing a strategy to respond to the law’s provisions slated to go into effect in 2014 and beyond. While 40 …

People – Midwest

Ohio-based Norman-Spencer Agency Inc. has appointed Christopher Norman, an attorney with broad insurance industry experience, as general counsel. Most recently, Norman represented national and state carriers in matters of insurance coverage, complex litigation, appeals, property damage, workers compensation, and general …

5 Cyber Coverages

John Merchant, a director and underwriter at Freedom Specialty Insurance Co. — part of the Nationwide Group — divides cyber insurance coverage into five broad categories: Liability coverage, which covers damages from loss or compromise of sensitive third party data, …

PFGBest Broker Scandal Leads to Calls for Insurance for Grain Trade

The largest U.S. grain trade group was stunned by the latest scandal to hit the futures industry when Iowa-based brokerage PFGBest collapsed after regulators accused the firm of misappropriating customer funds. “Even though we don’t know at this point the …

People – South Central

Don Whitaker, president and owner of Whitaker Insurance Associates Inc. in San Antonio, has been named president-elect of the Independent Insurance Agents of Texas (IIAT) for 2012-201. The association elected Pat Arthur, partner at McQueary Henry Bowles Troy in Dallas, …

Be on Lookout for Mold Damage After Storms, Regulator Advises

Damages from recent storms in the mid-Atlantic states could lead to even more damage down the road, with moisture and heat contributing to the growth of mold in homes and other buildings. Maryland Insurance Commissioner Therese Goldsmith cautions that in …

Business Moves – South Central

Agents Alliance Services James King, CEO of Agents Alliance Services Ltd in Denton, Texas, announced that nine new agencies have joined the group during the first half of 2012. They are: Arcadia Insurance Agency LLC of Forney, Texas Benson Insurance …