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

California Commissioner Wants Insurance Burden on Ridesharing Companies

Transportation Network Companies like Uber, Lyft and Sidecar should bear the insurance burden when they encourage drivers to use their personal vehicles to transport passengers for a profit, according to recommendations made Wednesday from California Insurance Commissioner Dave Jones. Jones’ …

California Commissioner: TNCs Responsible for Insurance

Updated story: California Commissioner Wants Insurance Burden on Ridesharing Companies Transportation Network Companies like such as Uber, Lyft and Sidecar should bear the insurance burden when they encourage non-professional drivers to use their personal vehicles to transport passengers for a …

Cross Insurance Acquires Troy, Pires & Allen Insurance in Rhode Island

Cross Insurance, a subsidiary of Cross Financial Corp. in Bangor, Maine, announced its acquisition of Troy, Pires & Allen Insurance, a 78-year-old insurance agency based in East Providence, R.I. Terms of the transaction were not disclosed. Troy, Pires & Allen …

Recruiting Allstate in Colorado Will Pay for Refers

Under its effort to continue expanding across Colorado, Allstate says it will appoint 24 new agency owners in the state this year and it will offer to pay people for referring qualified candidates. Including support staff the expansion is expected …

Security First to Offer Ironshore’s Primary Flood for High-Value Properties in Florida

Security First Managers, LLC, a Florida-based managing general agent for high value homeowners programs, is expanding the flood coverage it offers utilizing Ironshore insurance capacity. Security First Managers can now offer primary flood insurance of $500,000 to its customers, in …

Minnesota Demolition Company Fined for Ballpark Worker’s Death

Minnesota Occupational Safety and Health is fining a company nearly $52,000 for violations following an accident that killed a demolition worker on a new St. Paul Saints ballpark. Johnny Valek, 61, of Plymouth, was killed in September when a concrete …

Police Seek Suspects in Rash of Vehicle Fires in Fort Worth

At least nine vehicles have been set on fire in a North Texas neighborhood and police are seeking clues to those responsible for the fiery vandalism. Fort Worth police on April 7 announced the search for suspects in the weekend …

Tesla Sued by Wisconsin ‘Lemon Law King’

Wisconsin’s self-proclaimed lemon law king filed a lawsuit against direct-order car maker Tesla Motors, accusing the company of selling a defective electric sedan to a Franklin doctor. Tesla is currently fighting new regulations in New Jersey that effectively prohibits car …

Judge Orders 8 Year Sentence for Arson at San Antonio Denny’s

A man who complained about alleged slow service at a Denny’s in South Texas must serve eight years in prison for starting the restaurant’s Christmas tree on fire. The San Antonio Express-News reports a judge sentenced 25-year-old Christopher Maddocks in …

Estimate of Insured Losses in North Texas Storms Reaches $300M

The storms that rolled across the Denton area in north Texas in early April are estimated to have caused $300 million in insured losses. The area was hit by softball size hail and three tornadoes. The thunderstorms erupted April 3 …