Yearly Archives: <span>2013</span>

Out of Joplin Tornado: Recommendations for Safety, Communication Standards

National standards should be set for building construction, storm shelters and emergency communications to reduce death and damage from tornadoes, a federal agency that studied the deadly 2011 tornado in Joplin, Mo., has recommended. The National Institute of Standards and …

Obamacare’s Small Business Exchange Site Delayed 1 Year

Small businesses won’t be able to use the federal government’s health insurance website until November 2014 in most U.S. states, the latest delay for the Obama administration’s health-care system overhaul. Businesses can use brokers or enroll directly with insurers in …

Retailers Step Up Security as ‘Rambunctious’ Holiday Shopping Begins

With an estimated 140 million Americans predicted to shop this weekend, retailers are bolstering security, deploying Segway patrols and putting on live music to distract shoppers and avoid the deal-hunting scrums that can foster Black Friday tramplings. Malls are beefing …

Players Union Tells NFL to Expect More Injury Lawsuits

The National Football League should expect more injury-related lawsuits from former players, according to the executive director of the players’ union. “Reality will dictate that it’s never really the end of lawsuits,” DeMaurice Smith, executive director of the NFL Players …

Concerns Raised Over FEMA Flood Maps in Maine

Maine communities are criticizing new maps proposed by the federal government that show future flooding risks near the state’s coast that could impact what kind of insurance property owners must buy. The Flood Insurance Rate Maps released in November by …

Mass. Regulator Offers Update on Industry Developments, Boston Bombing Claims

Massachusetts’ top insurance regulator recently spoke about the state of the insurance industry in Massachusetts, with topics ranging from the auto insurance marketplace and the Biggert-Waters Flood Insurance Reform Act to Boston bombing insurance claims. Speaking at the Massachusetts Association …

Ohio Agent Sentenced to 2 Years’ Probation for $7,700 Theft, Insurance Fraud

Ohio Lieutenant Governor and Insurance Director Mary Taylor announced that former life insurance agent Russell Lowery, of Olmsted Falls, was sentenced in Cuyahoga County Common Plea Court to two years of probation for theft and insurance fraud and ordered to …

Jury Awards $39M in Fatal Wisconsin Garage Panel Fall

A jury has found manufacturer Advance Cast Stone mainly responsible for the collapse of a Milwaukee, Wis., parking garage panel that killed a teenager and injured two others in 2010 and awarded $39 million in damages. The civil jury also …

Ironshore Canada Launches PL Coverage for Private Equity Risks

IronPro, the professional and management liability unit of Ironshore Canada Ltd., has introduced a professional liability policy for Canadian-based private equity and venture capital firms to protect against portfolio investment risk exposures worldwide. IronPro’s private equity liability insurance policy is …

Safe Harbor Benefits Navigates to Higginbotham

Independent insurance broker Safe Harbor Benefits, located in Arlington, Texas, has merged with Fort Worth-based Higginbotham, the companies announced. Safe Harbor Benefits was opened in 1996 by Bryan Keathley, a life and health insurance broker with a professional background as …