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

Report: Healthy Midwest Economic Growth Expected

A monthly economic index for nine Midwestern and Plains states inched up in May, suggesting healthy economic growth is coming over the next three to six months, according to a report released. The overall Mid-America Business Conditions Index rose to …

CoVerica Aqcuires Forbes-Troxel Insurance Agency in Rockwall, Texas

CoVerica Inc. announced it has acquired property/casualty insurance agency, Forbes-Troxel Insurance Agency Inc., in Rockwall, Texas. CoVerica, also a property/casualty insurance agency, is based in Dallas. Source: CoVerica

Iowa Company to Pay $6.8M Fine for Selling Tainted Eggs

An Iowa company has agreed to pay $6.8 million in fines for crimes that include selling the tainted eggs that caused a nationwide salmonella outbreak in 2010. A plea agreement filed on June 2 by federal prosecutors calls for Quality …

EPIC Names Dobson Principal in California

Edgewood Partners Insurance Center has added Greg Dobson as a principal in its employee benefits division. Dobson will be based in the company’s San Ramon office. His responsibilities will include the acquisition of new clients, as well as the design, …

Texas State Fire Marshal: Cause of Athens Fertilizer Fire ‘Undetermined’

Federal, state and local fire officials have concluded that the cause of a May 29 blaze at a farm supply facility in Athens, Texas, that stored ammonium nitrate fertilizer is “undetermined.” The Texas State Fire Marshal’s Office (SFMO) and the …

Great American Launches Bitcoin Coverage for Commercial, Governmental Entities

Great American Insurance Group’s Fidelity/Crime Division has launched commercial coverage for bitcoins, a virtual online peer-to-peer medium of exchange. Bitcoins are used as a method of exchange by which transactions are conducted to buy and sell merchandise without a go-between, …

Ferguson and Cervantes Join Leavitt Group in California

Scott Ferguson and Norma Cervantes have joined the Leavitt Group’s San Diego, Calif. office. Ferguson is a senior vice president and practice leader on risk management accounts specializing in construction, environmental contractors, staffing and professional employer organizations. Cervantes is an …

Mass. AG Sues Fannie Mae, Freddie Mac Over Foreclosure Law

Massachusetts Attorney General Martha Coakley is suing the Federal Housing Finance Agency (FHFA) and the mortgage giants Fannie Mae and Freddie Mac for allegedly violating the state’s 2012 foreclosure prevention law. The lawsuit alleges the federal housing regulators and the …

Former Dewey Executives Use Indictment to Fend Off Aviva’s Lawsuit

The three former top executives at Dewey & LeBoeuf LLP, indicted by the Manhattan district attorney for falsely portraying the failing law firm’s financial condition, are using the criminal proceedings to halt a lawsuit by an insurance company that bought …

Supreme Court Won’t Hear Mississippi Fire Services Fee Appeal

The U.S. Supreme Court will not hear an appeal over whether a Mississippi fire protection district can charge a fee for its services to local property owners. The Supreme Court made no comment in denying the petition May 19. The …