The San Francisco city attorney and New York state attorney general have joined forces to investigate whether Monster Beverage Corp. is marketing its highly caffeinated drinks to children. The joint probe began last month just before a federal judge in …
Ratings agency, A.M. Best, has placed under review with developing implications the financial strength rating of A- (Excellent) and issuer credit rating of “a-” of Wright National Flood Insurance Co. (WNFIC) of San Antonio, Texas. These rating actions follow the …
Independent insurance wholesaler, All Risks Ltd., has expanded in its’ South Central Region by opening an office in Austin, Texas. The expansion follows All Risks’ addition of a team of experienced brokers in Dallas in summer 2013. The All Risks …
Portland, Maine-based workers’ compensation carrier MEMIC has announced the appointment of Randy Klatt to the position of manager, loss control services.In his new role, Klatt will be responsible for supervising a team of Maine-based safety management specialists and professionals who …
Earvin “Magic” Johnson will be a controlling shareholder of an insurance company that’s opening new offices in Illinois and creating about 200 jobs. Gov. Pat Quinn and Chicago Mayor Rahm Emanuel announced in a statement that EquiTrust Life Insurance Co. …
The Federal Emergency Management Agency says nearly $246 million in federal aid has flowed into Colorado since the deadly September floods. FEMA said the aid includes $96 million in loans, $59.3 million in flood insurance settlements and $54.5 million in …
Online property/casualty insurance systems provider Bolt Solutions Inc. said it has been issued a patent for its “apparatus and methods” for facilitating compatibility between different computer systems and, particularly, to methods of data export and import between incompatible systems. The …
Walter Martinez, 60, of Alta Loma, Calif. pled guilty to 43 felony counts of using cappers – recruiters paid from victims’ insurance settlement – to get clients for his practice. Martinez evidently his scheme with at least three cappers. “The …
Kelly K. Norris has been named executive director of the Glenmont, N.Y.-based Professional Insurance Agents associations of Connecticut, New Hampshire, New Jersey, New York, and their affiliated organizations.PIA affiliates are managed by PIA Management Services Inc., the umbrella corporation that …
The company whose spill contaminated the water supply for 300,000 West Virginians has been cited for violations at a second facility where it’s storing chemicals. Department of Environmental Protection spokesman Tom Aluise says inspectors found five violations Monday at a …
