Monthly Archives: <span>January 2014</span>

Storm Advance Warning System Undergoing ‘Slight’ Changes

The nation’s Storm Prediction Center intends to broaden its advance warning system for severe weather after finding that days it labeled with a “slight risk” turned out to be pretty nasty. State emergency managers say they’re already attuned to bad …

Disaster Declarations Issued for 11 States with Severe Drought Conditions

Federal officials have designated portions of 11 drought-ridden western and central states as primary natural disaster areas, highlighting the financial strain the lack of rain is likely to bring to farmers in those regions. The announcement by the U.S. Department …

More Couples Saying ‘I Do’ to Insurance As Wedding Costs Rise

With the cost of the average American wedding reaching about $26,000, insurers have been selling a growing number of policies to protect against losses from extreme weather, illness and, in one firm’s case, even a sudden change of heart. Cheryl …

Petersen International Launches Loss of License Insurance for Pilots

Petersen International Underwriters, a specialty insurance marketing and underwriting firm that writes aviation insurance business, has unveiled its new “loss of license” insurance for professional pilots. The product provides temporary and/or permanent loss of license coverage with monthly and lump …

Claims From Yarnell Hill Fire Denied by Arizona City

The city of Prescott has denied more than 100 damage claims seeking a total of $662 million for property owners and relatives of firefighters who died in the Yarnell Hill fire in Arizona. Ninety-one property owners filed claims and 17 …

$52M Awarded by Montana Jury in Lawsuit Against Bank

A Montana jury has awarded an office supply manufacturer $52 million in its lawsuit against its former bank. Masters Group International Inc. sued Comerica Inc. after the bank reneged on a November 2008 agreement to delay collection of a $10.5 …

Huston Joins SullivanCurtisMonroe Los Angeles Office

SullivanCurtisMonroe Insurance Services LLC named Greg Huston vice president at the firm’s Los Angeles employee benefits division. Huston comes to SCM from Trapani Dickins & Associates. Prior to that he was with Standard Insurance of Oregon. Irvine, Calif.-based SCM is …

Haucke to Lead Ironshore’s New Branch Office In Denver

Ironshore Inc. has named Christian Haucke as branch executive of the Mountain West Region to lead development efforts in the newly established Denver, Colo. office. Haucke will report to Adam Witten, regional executive of the Western Region. Haucke joined Ironshore …

Florida Jury Awards $12.5M in Baptist Minister Sex Abuse Case

A central Florida jury has awarded $12.5 million in damages to a young man who was sexually abused by a Baptist minister when he was a child. But an attorney for the Florida Baptist Convention said that the organization would …

North Carolina Lawmakers Weigh Privacy Regulations for Drones

General Assembly members began learning more Tuesday about the emerging unmanned aircraft industry and are likely to debate soon what restrictions North Carolina could place on drones to protect people’s privacy. A House panel held its first meeting to examine …