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

Connecticut Launches New Online Tool for Catastrophe Adjuster Registration

The Connecticut Insurance Department announced Monday the launch of a new online program that would make it easier and quicker for insurance companies to register their emergency adjusters with the state when a damaging storm occurs. The department said the …

Texas Cliff-Hanging House Set on Fire

Charred debris from a luxury cliff-side home in Texas fell 75 feet into a lake below after fire crews set the $700,000 retreat ablaze rather than wait for it to crumble into the water as the land faltered around it. …

Former Ohio Insurance Agent Gets Jail Time on Fraud-Related Charges

Former West Mansfield insurance agent Robert Horney, of Marysville, Ohio, was sentenced in Logan County Common Pleas Court to serve 60 days in jail, five years on community control and ordered to pay more than $21,000 in restitution for multiple …

Vermont to Hold Disaster Aid Briefings for Communities Hit by April Flooding

The Vermont Division of Emergency Management and Homeland Security is holding mandatory briefings for communities seeking federal disaster relief from flooding in mid-April. The eligible counties are Caledonia, Essex, Lamoille, Orange, Franklin, Orleans and Washington. The federal disaster declaration allows …

Fireman’s Fund Names Travelers’ Grote to Commercial Field Executive Post

Fireman’s Fund Insurance Co. has appointed Walter Grote to the position of commercial insurance field executive. In this national role, Grote will lead Fireman’s Fund Commercial Insurance operations, including middle market, small business, farm and ranch, property and excess. Grote …

Airbnb Alters San Francisco Rental Market, Report Shows

Lodging sharing service Airbnb has taken a bite out of San Francisco’s already limited stock of rental housing as some landlords and housing activists contend, a newspaper reported Sunday. The San Francisco Chronicle commissioned a data harvesting company to analyze …

At Jersey Shore, Last Superstorm Sandy-Damaged Boardwalks Getting Fixed

Last year, the thwack of hammers and the whine of power saws were as ubiquitous at the Jersey shore as the screech of seagulls, as town after town raced to rebuild boardwalks that were wrecked by Superstorm Sandy. Now, with …

Repairs Ongoing from Early June Hailstorm in Nebraska

The severe thunderstorms that spawned large hail and strong winds earlier this month left a lasting mark on many Nebraska communities. Aaron Volkman tells the Norfolk Daily News it will take weeks or even months to repair all the damage …

Oklahoma City Metro Area Hit with Back-to-Back Quakes

Residents in the Oklahoma City area were jolted awake by back-to-back earthquakes Monday morning. There are no immediate reports of damage or injuries. According to preliminary reports from the U.S. Geological Survey, the first earthquake had a magnitude of 3.5 …

Aspen Board Urges Shareholders to Reject Endurance Offer

Aspen’s board of directors has unanimously agreed to reject the unsolicited exchange offer from Endurance to acquire all of the outstanding shares of Aspen for a combination of common stock and cash. The board determined the offer is not in …