May 23, 2014
Iowa company and two executives are expected to plead guilty to selling tainted eggs that were responsible for a 2010 salmonella outbreak that sickened thousands and led to an unprecedented recall of 550 million eggs, according to court documents filed …
May 23, 2014
The West, Texas, school district is suing its insurers, saying the two sides are $23 million apart on the costs of rebuilding buildings after last year’s devastating plant explosion. The Waco Tribune-Herald reports that the West schools filed their lawsuit …
May 23, 2014
More than three years after the tsunami hit Japan, evidence of the disaster continues to haunt the West Coast where residents know they also are vulnerable. A skiff that was once used by someone near Sendai washed ashore in January …
May 23, 2014
The federal government says regulations prevent it from even considering a request by U.S. Sen. Heidi Heitkamp to extend a corn planting deadline to ease farmers’ insurance concerns in North Dakota. The U.S. Department of Agriculture’s Risk Management Agency said …
May 23, 2014
Authorities say a small tornado in a rural area of eastern Idaho caused no damage or injuries. The National Weather Service says the twister touched down at 6:40 p.m. Wednesday about 10 miles northwest of American Falls and remained on …
May 23, 2014
Leavitt Group’s Tacoma, Wash. office has hired Sam Rutledge. Rutledge will focus on employee benefits. Prior to insurance, Rutledge managed the sales and marketing department for an enterprise resource planning software company specializing in the food manufacturing industry. Leavitt Group …
May 23, 2014
Despite a federal court order against their current law, Missouri legislators voted to toughen requirements even further for people seeking to work as insurance guides under President Barack Obama’s health care law. A bill given final approval by the Republican-led …
May 23, 2014
In what can only be taken as an exceedingly encouraging sign for emerging markets around the world, an African Union-created agency has established the continent’s first-ever catastrophe insurance pool, offering coverage to the nations of Kenya, Mauritania, Mozambique, Niger and …
May 23, 2014
Tower Group International Ltd., the insurer that agreed to be bought by ACP Re Ltd. amid a stock plunge, hired Greenhill & Co. to provide advice on repaying debt if the takeover collapses. Tower hired the bank as the Massachusetts …
May 23, 2014
Clearwater, Florida-based Heritage Insurance Holdings Inc., a property/ casualty insurance holding company, announced the pricing of its initial public offering of 6,000,000 shares of its common stock at a price to the public of $11.00 per share. In connection with …