Monthly Archives: <span>May 2013</span>

North Carolina’s Hagan Amends Senate Farm Bill to Address Crop Fraud

A measure championed by U.S. Sen. Kay Hagan adds $5 million in new funding to the 2013 farm bill to help root out crop insurance fraud. The Senate approved Hagan’s amendment last week by a vote of 94-0. The money …

After Years of Increases, Florida Property Insurance Rates May Be Stabilizing

It’s been nearly eight years since Hurricane Wilma raked the southern end of Florida and caused billions in damages, the last of eight hurricanes to hit the state in 2004 and 2005. Yet even as the state has been spared …

Workplace Wellness Has Only Modest Effect on Bottom Lines, Waistlines: RAND

A long-awaited report on workplace wellness programs, which has still not been publicly released, delivers a blow to the increasingly popular efforts, Reuters has learned, casting doubt on a pillar of the Affordable Care Act and a favorite of the …

North Carolina Town Files $10M Suit Over 2010 Dam Failure

The town of Hope Mills is suing to get $10 million to repair a dam that failed more than three years ago. It was the second dam to fail and empty the lake by the town. The first dam was …

Rathgeber Appointed Texas Insurance Commissioner as Kitzman Exits

On the same day that Eleanor Kitzman exited her post as state insurance commissioner, Texas Gov. Rick Perry appointed Julia Rathgeber of Austin to take over leadership at the Texas Department of Insurance. Kitzman, appointed in between regular sessions of …

Agents Helping Agents in Recovery from Oklahoma Tornadoes

Twelve hundred homes damaged or destroyed, 33,000 people impacted and $2 billion in property losses. Those are damage estimates from the deadly F5 tornado that hit the Oklahoma City suburb of Moore in the afternoon of May 20. The storm …

Tiny Southern California Agency Earns B Corp Status

Merely bringing your A-game may not be enough to entice certain companies to give you their business, especially those who are looking for environmentally or socially conscious partners. Following the challenging recession period the “green” movement seemed to take a …

Carlier Named CEO of Cooper Gay Re North America

Ron Carlier has been appointed chief executive officer of CSGC-Swett & Crawford North America’s reinsurance subsidiary, Cooper Gay Re North America. Carlier will be accountable for the group’s U.S. reinsurance strategy as well as developing treaty capabilities alongside its growing …

Jordan Joins Lockton as Health Risk Consultant in California

Robert Jordan has joined the Southern California operations of Lockton Insurance Brokers as health risk solutions consultant. Jordan’s has nearly 20 years of experience, including corporate human resources, risk management and business leadership. Lockton Insurance Brokers is the Southern California …

Greenberg Seeks Dismissal of Spitzer Reinsurance Lawsuit

New York’s highest court will hear arguments on Tuesday on whether to dismiss a lawsuit accusing Hank Greenberg of orchestrating sham transactions when he was head of insurance company American International Group Inc. New York Attorney General Eric Schneiderman dropped …