September 30, 2012
A long-running legal fight involving allegations that Wichita, Kan.-based Hawker Beechcraft made false statements and misrepresentations in the sale of military aircraft to the United States is now dogging the company’s bankruptcy proceedings in New York. Former employees of a …
September 30, 2012
A boiler that was being brought back online after maintenance exploded at an oil refinery in Wynnewood, Okla., killing one worker and injuring another, Garvin County’s sheriff said Sept. 29. Billy Smith, 34, of Pauls Valley, died in the blast …
September 30, 2012
A federal jury ordered an insurance company to pay $11 million to a Joplin, Mo., company for damages caused by an oil pipeline leak. A federal jury in St. Louis returned the verdict. TAMKO Building Products Inc. said in a …
September 30, 2012
A county official says it could cost as much as $300,000 to repair a nearly 140-year-old wooden covered bridge in northeastern Indiana after its roof trusses were broken by a too-tall semitrailer. DeKalb County highway superintendent Eric Patton says he …
September 28, 2012
Kelly Norris has been named deputy director of the Glenmont, N.Y.-based Professional Insurance Agents associations of New York State, New Jersey, Connecticut and New Hampshire and their affiliated organizations.The PIA affiliates are managed by PIA Management Services, the umbrella corporation …
September 28, 2012
Invision, a national claims management company providing third party administration, claims auditing and other services, recently appointed Richard G. Randazzo as its new president. Randazzo brings three decades of experience in claims management to his new role as well as …
September 28, 2012
Gov. Jerry Brown saw over a dozen bills related in some way to insurance come across his desk, with a bill to approve driverless cars, a bill to overhaul California’s workers’ compensation system among them. He’s signed or vetoed most …
September 28, 2012
The Financial Stability Oversight Council voted to move a group of non-banking financial companies forward in a process that will determine whether they are so big their failure would destabilize the economy, a Treasury Department spokesman said on Friday. During …
September 28, 2012
Heffernan Insurance Brokers named Terri Peckinpaugh to its Santa Ana, Calif. office as vice president of Heffernan Professional Practice Insurance Brokers. Peckinpaugh specializes in lawyer’s professional liability insurance. She has nearly three decades of experience in the insurance industry, working …
September 28, 2012
Plans to provide nearly $500,000 in state funds that would help a northern New Jersey town buy eight flood-prone homes have cleared another hurdle. The state Department of Environmental Protection tells The Record that the funding for Saddle Brook is …