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

Lockton: Companies Overlooking Most Crucial Part of Kidnap & Ransom Insurance

The ransom and extortion industry’s danger zone has expanded well beyond Central and South America, yet companies tend to downplay the importance of a kidnap & ransom insurance policy, according to a new report by Lockton. The report, authored by …

R.I. Officials Ask Court Not to Delay WC Fine Against Former Nightclub Owners

Rhode Island labor officials have asked the state Supreme Court not to review the $1 million fine levied against the former owners of the Station nightclub. Michael and Jeffrey Derderian are appealing the fine, levied for failing to carry workers …

N.H. Gov. Nominates Sevigny to Continue to Serve as Insurance Commissioner

New Hampshire Gov. Maggie Hassan nominated Roger Sevigny to another five-year term as the state’s insurance commissioner. The governor formally made the nomination Wednesday at the Executive Council meeting. The Executive Council now has to decide whether or not to …

Montana Man Deliberately Crashes Into Insurance Office

Police in Missoula, Mont. say a man who rammed his sport utility vehicle into an insurance office three times was apparently expressing his frustration with the insurance industry. Police say the driver rammed the building Tuesday and then twice backed …

Boogaard Family Sues NHL for Son’s Death

The family of a National Hockey League player who died of an accidental overdose of pain medication and alcohol has filed a wrongful death lawsuit in Illinois against the NHL, blaming it for brain damage he suffered as an enforcer …

NWS: At Least 16 Tornadoes in Recent North Texas Outbreak

At least 16 tornadoes have been confirmed in the outbreak in North Texas on May 15, federal weather officials say. Survey teams were sent to Johnson County, Hood County, Parker County, Ellis County and Montague County, the National Weather Service …

Arizona Insurance Agency Chosen for Agency 2020

Hester, Heitel & Associates, an independent insurance agency in Phoenix, Ariz. was chosen to represent “the path to the future for all independent agencies,” announced Consumer Agent Portal LLC, also known as Project CAP, creator of the Agency 2020 program. …

Boston Marathon Relief Fund Guidelines Released

The administrator of a fund created to help victims of the Boston Marathon bombings has released final guidelines for distributing the money. The document released Wednesday gives top priority to the families of those who died, as well as double …

Peterson Joins Elliott, Powell, Baden & Baker in Oregon

Chris Peterson has recently joined Elliott, Powell, Baden & Baker Insurance in Oregon as a commercial insurance producer. Peterson is past president of the Professional Insurance Agents of Oregon and Idaho. He has nearly 15 years of experience insuring Northwest …

Five Arrested In California Million-Dollar Mobile Phone Insurance Scam

Five Northern California residents were arrested by California Department of Insurance fraud investigators and booked into the Sacramento County jail and charged with multiple felony counts related to alleged insurance fraud totaling nearly $1 million, according to CDI. Investigators allege …