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

USI Insurance Services Acquires Ohio’s Quintessential Advisors

Insurance broker, USI Insurance Services (USI), has acquired Quintessential Advisors Ltd. (Quintessential) headquartered in Dayton, Ohio. Terms of the transaction were not disclosed. Quintessential Advisors was founded in 1995 as an independent firm with experienced financial professionals specializing in insurance, …

Secret Benefactor Aiding Louisiana Parish in Gustav Claims Fight

A financial institution is paying lawyers $700 per hour to help Louisiana’s Livingston Parish fight the Federal Emergency Management Agency’s denials of $60 million in claims for Hurricane Gustav-related cleanup costs. But its identity is shrouded in secrecy. The Advocate …

Garth Joins Strategy Meets Action to Head Innovation Practice

Denise Garth has joined insurance industry technology consultant Strategy Meets Action (SMA) in Boston as partner and chief digital officer. Garth will lead SMA’s newly formed Innovation Practice and launch Innovation Communities, an avenue for fostering and facilitating innovation across …

Company Denies Negligence in Explosion at Oklahoma Propane Plant

A McAlester, Okla., propane company has denied wrongdoing in civil lawsuits filed over an explosion at a Eufaula plant that killed one man and injured another. Two lawsuits have been filed in McIntosh County District Court against RAM Inc./W.E. Allford …

Improvements Planned for Flood Walls in Grand Rapids, Michigan

Grand Rapids, Mich., plans to spend $4.2 million to repair and improve its floodwall system, after engineers identified weaknesses exposed by a storm last spring that flooded the Grand River threatened to swamp the city. The river came close to …

Sans Insurance, Police Chief Going Back on Patrol in Louisiana Town

Sorrento, La., Police Chief Earl Theriot Jr. and his assistant chief are going back on patrol, but without the special type of insurance coverages required for police patrols. The town’s police department has been without liability insurance since coverage was …

Fireman’s Fund Secures New Tree Service Vendor for Homeowner Insureds

Fireman’s Fund has secured HMI as one of its Prestige Advisory Services vendors. HMI manages a national network of credentialed tree care companies representing more than 2,500 tree crews and 1,500 certified arborists. HMI provides a new inspection service that …

Utah Claims Settled by Phillips 66 for $2 Million

Oil refiner Phillips 66 has paid $2 million to settle allegations it helped itself to a state fund for cleaning up damage from leaking fuel storage tanks even though it had insurance to cover the cleanups. Phillips 66 is among …

BB&T-Oswald Trippe in Florida Names Bolduc Assistant Agency Manager

Shelley Bolduc has been appointed assistant agency manager for commercial lines at BB&T-Oswald Trippe and Co. in Fort Myers, Florida. With six years of industry experience, Bolduc will manage the daily supervision of commercial lines support staff, including training, performance, …

Colorado Gets Stoned Driving Prevention Grant

Colorado plans to advertise the dangers of stoned driving and train more police officers in spotting drivers impaired by marijuana with a new $400,000 federal grant. “It’s ironic we’re using federal funding for something that is illegal federally,” Colorado Department …