December 22, 2013
Authorities have charged the head of a central New Jersey roofing company with stealing more than $265,000 through alleged insurance fraud. The state attorney general’s office says Charles Kelcy Pegler Sr., was indicted on Dec. 19 for theft by deception, …
December 22, 2013
U.S. retail giant Target Corp. is busy dealing with the aftermath of the massive data breach that exposed account details of some 40 million credit and debit cards. Already, at least two lawsuits seeking class-action status have been filed against …
December 20, 2013
Target Corp.’s data breach headache may be an opportunity for insurance carriers, insurance agents, risk managers and businesses to spread the word about cyber risk – although the message is bit of a scary one. The not-so-cheery holiday message: If …
December 20, 2013
Seattle, Wash.-based Milliman Inc., a consulting and actuarial firm, has acquired McGinn Actuaries Ltd., an Anaheim, Calif.-based consultancy specializing in multiemployer pension plans. In addition to serving the multiemployer market, McGinn also works with single-employer plans, defined contribution plans, and …
December 20, 2013
Liberty Mutual Insurance has partnered with the National Equipment Register (NER) to provide its inland marine contractors’ equipment customers increased protection from equipment theft. The insurer is now offering an endorsement that waives the theft deductible up to $10,000 if …
December 20, 2013
A judge has dismissed a lawsuit by the charity co-founded by “Three Cups of Tea” author Greg Mortenson against an insurance company. U.S. District Judge Dana Christensen dismissed the lawsuit Thursday, more than a month after the Central Asia Institute …
December 20, 2013
Rain and higher humidity on Thursday helped firefighters battling a wildfire in California’s Big Sur region that has destroyed an estimated 22 homes. The fire in the Los Padres National Forest was 79 percent contained, up 5 percent from the …
December 20, 2013
IJAM welcomes guest blogger Laura Packard, VP of Sales & Marketing at American Collectors Insurance. Just in time for the holidays, they’ve produced a fun video spot that we think you’ll enjoy. Kudos to American Collectors Insurance for the creative …
December 20, 2013
Arthur J. Gallagher & Co. has acquired Barmore Insurance Agency Inc. located in Houston, Texas. Terms of the transaction were not disclosed. Founded in 1952, Barmore Insurance Agency (Barmore) is an insurance broker providing retail and wholesale commercial property/casualty, employee …
December 20, 2013
The Workers Compensation Research Institute (WCRI) announced that Michael Clingman will be joining WCRI in January as a regional director. He will be based in Oklahoma. Clingman most recently served as administrator of the Oklahoma Workers’ Compensation Court. Prior to …