May 5, 2014
New research suggests the sharpest earthquake to strike Oklahoma may have been triggered in part by wastewater injection – which, if true, would make the 2011 temblor the strongest ever linked to disposal practices within the oil and gas industry. …
May 5, 2014
Sylvia Perez Edwards joined Align General Insurance Agency LLC as vice president of the specialty commercial division, reporting to Frank Dunne. She is based in Chicago, Ill. Edwards has over 20 years of general liability and excess surplus lines underwriting …
May 5, 2014
Lance Armstrong has asked the Texas Supreme Court to stop a Dallas company from trying to force him to pay back about $12 million in bonuses it paid him for winning the Tour de France. SCA Promotions sued Armstrong last …
May 5, 2014
Hub International Limited said its subsidiary Hub International New England, LLC has acquired the assets of E.J. Wells Insurance Agency Inc., a Westford, Mass.-based insurance brokerage firm. Terms of the acquisition were not disclosed. The E.J. Wells operations will become …
May 5, 2014
Liberty Mutual Holding Co. Inc. reported $272 million net profit for its 2014 first quarter, a decline of $46 million or 14.5 percent from $318 million net profit reported during the same period in 2013. The Boston-based insurer saw higher …
May 5, 2014
GEICO Corp. beat out its competitors in premium growth in 2013 and reported one of the best underwriting margins among the top 20 U.S. auto insurers. According to a report by SNL Financial, GEICO’s direct personal auto premiums, prior to …
May 5, 2014
Arizona Gov. Jan Brewer has signed a bill that would protect cities and towns from large insurance liabilities in the case of a disaster that results in the death or serious injury of a public safety employee. House Speaker Andy …
May 5, 2014
BNSF Railway has settled a lawsuit filed by landowners living near a former railroad tie treatment plant near Somers, Mont. BNSF spokesman Matt Jones told the Flathead Beacon the settlement reached last month calls for the company to buy most …
May 5, 2014
With California in a drought, the coastal city of Santa Barbara is thinking about firing up a desalination plant that has been in storage for more than two decades. The city built the plant in the 1990s during the last …
May 5, 2014
Reno, Nev.-based Employers named Larry Rogers senior vice president and chief underwriting officer and Frank Buonomo vice president of IT infrastructure and operations. Rogers has more than 25 years of experience in the industry. Rogers has substantial experience within the …