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

Rep. Hensarling Blasts Export-Import Bank As ‘Special Privilege’

A Republican House committee chairman scolded Boeing Co. and a large U.S. trade group on Monday for lobbying to keep the Export-Import Bank alive, saying their efforts amounted to petitioning for “special privilege.” Rep. Jeb Hensarling wrote a scathing letter …

Airlines Shocked by Jet Attack; Ask Why No-Fly Zones Are So Rare

A universal no-fly area declared in eastern Ukraine after the downing of Malaysian Air Flight 17 is a rare restriction currently shared only with North Korea, prompting airlines including Deutsche Lufthansa AG to question whether rules for flights over war …

Gen Re Announces Senior Appointments in Asia Pacific

Berkshire Hathaway’s General Re has announced a number of senior appointments in the Asia Pacific region, as follows: Pietro Toffanello will assume the role of Property/Casualty Regional Manager for Asia Pacific, in addition to his role of Managing Director of …

SIAA Adds 204 Member Agencies in First 6 Months 2014

The Strategic Insurance Agency Alliance, or SIAA, signed 204 new member agencies in the first six months of 2014, including its 5,000th member agency since its inception in 1995. SIAA also reached $5 billion in in-force premium during this six-month …

Ohio Woman’s Injuries Reveals Cars’ Vulnerability to Rocks

A rock-throwing attack that left an Ohio woman with serious injuries is a reminder of how vulnerable motorists are when someone decides to target random victims from a highway bridge or overpass. As 52-year-old middle school language arts teacher Sharon …

Columbia Insurance Group Hires Klug as New CFO

Missouri-based Columbia Insurance Group (CIG) welcomed Kansas native Kelly Klug, as its new chief financial officer, senior vice president and treasurer. Klug is a trusted insurance and financial professional with over 30 years of proven success. Throughout his career, he …

Texas Man to Pay $42.1K Restitution for Home Repair Fraud in Oklahoma

After a four-year pursuit, the Oklahoma Attorney General’s Office says it has secured $42,158 in restitution from a Texas man for Oklahoma victims of home repair fraud. The office said that Randy Leroy Madewell of Danbury, Texas, was charged in …

Chinese Drywall Maker Ordered to Pay $55,000, Stop Doing Business in U.S.

A federal judge has ordered a China-based maker of drywall to pay $55,000 in penalties and attorney fees – and to stop doing business in the United States – as punishment for refusing to take part in court proceedings over …

Winds Setback Firefighters Battling Massive Washington Blaze

Firefighters doing battle with the massive Carlton Complex fires in north-central Washington are having to to deal with wind-driven sparks that can travel as far as a half-a-mile, as one town small town was put on evacuation notice late Monday. …

Better Weather May Help Firefighters Fight Massive Washington Blaze

Calmer winds and cooler temperatures helped firefighters Monday against a destructive wildfire that has burned hundreds of square miles in Washington State. The Carlton Complex of fires in north-central Washington had burned about 379 square miles, and the fire was …