Residents of a flood-prone area battered by Superstorm Sandy are getting a financial lifeline, with New York state officials announcing a plan to buy all 129 homes in a New York City neighborhood sandwiched between a tidal marsh and the …
Hundreds of homes were flattened by the outbreak of intense late-season thunderstorms accompanied by high winds, quarter-to-baseball sized hail, and dozens of tornadoes that swept across the Midwest on Nov. 17, according to catastrophe modeling firm AIR Worldwide. Tornadoes were …
The Texas incidence rate of nonfatal injuries and illnesses in private industry was 2.7 cases per 100 equivalent full-time workers in 2012, below the national rate of 3.4, the Texas Department of Insurance – Division of Workers’ Compensation (TDI-DWC) reported. …
Heffernan Insurance Brokers named Zach Catanese assistant vice president in its Orange County, Calif. office. Catanese will focus on new business development for all commercial lines. He has a background as a marketing representative for a national insurance carrier. Catanese …
Access Home Insurance Co. (Access Home) announced it has received authorization to assume nearly 10,000 policies and more than $19 million in premium from Louisiana Citizens Property Insurance Corp., the state’s property insurer of last resort. The policies which will …
The Texas Surplus Lines Association Inc. announced the election of new officers and directors at its annual meeting in Austin on Nov. 11. Lorrie Cheshier, vice president/branch manager at McClelland & Hine Inc. in San Antonio, is the new president …
USI Insurance Services appointed Raymond Bascio as senior vice president. He is based in USI’s New York metropolitan office. Bascio brings nearly 30 years of experience in employee benefits, sales, marketing and insurance account management. Formerly a sales director at …
Penn State’s costs related to the Jerry Sandusky child sex-abuse scandal are nearing $52 million. A university website shows the school has racked up just under $51.8 million in expenses as of Aug. 31. That’s up $1.3 million from the …
Starting next year, people living in the nation’s capital who don’t have legal permission to reside in the United States will be able to get driver’s licenses. Democratic Mayor Vincent Gray signed a bill on Monday that would allow the …
Connecticut’s insurance department last week revoked the insurance licenses of Earl O’Garro Jr. and his insurance brokerage firm, Hybrid Insurance Group. O’Garro has been mired in an ongoing insurance controversy in Hartford, Conn., that includes allegations of failing to send …
