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

Seattle Man Trying to Kill Spider Sets House on Fire

The Seattle Fire Department says a man using a spray paint can and a lighter to try and kill a spider started a West Seattle fire that caused $60,000 worth of damage. The Seattle Times reported that after the man …

Ellington Mutual Insurance Co. Ratings Downgraded, Withdrawn

A.M. Best has downgraded the financial strength rating to B- (Fair) from B (Fair) and the issuer credit rating to “bb-” from “bb” of Ellington Mutual Insurance Co. (EMIC) in Hortonville, Wis. The outlook for both ratings remains negative. Concurrently, …

Systematic Errors Led to Washington Bridge Collapse, Safety Board Says

Insufficient route planning, a distracted pilot driver and an inadequate permitting process by the state of Washington all played a part in last year’s Interstate 5 bridge collapse north of Seattle, which sent two cars into a river below, the …

Wisconsin Regulators Say 166,000 Gained Insurance Coverage

Newly released numbers by the Wisconsin Insurance Commissioner’s office shows that nearly 166,000 Wisconsin residents purchased health insurance by June 1. But it’s not known how many of those people were previously uninsured. Gov. Scott Walker has promised to cut …

Hearing Set in Insurance Fraud Case Against Former Kansas Agent

A federal judge will hear arguments on whether to dismiss the bulk of a wide-ranging indictment accusing a former Kansas insurance agent with stealing nearly $2 million from policyholders. U.S. District Judge J. Thomas Marten set a July 28 date …

Cost to Indiana City for Wabash River Levee Repairs Estimated at $2M

A southwestern Indiana city will need to spend more than $2 million to repair its Wabash River flood levees, although that is much less than officials previously projected. Vincennes officials say the repairs are needed before the levees can be …

Denton, Texas, Rejects Partial Fracking Ban

The council governing a North Texas city that sits atop a large natural gas reserve rejected a bid that would have made it the first city in the state to ban further permitting of hydraulic fracturing in the community. Denton …

New York Regulator Lawsky Proposes ‘BitLicense’ Regulatory Framework

New York’s financial regulation chief is proposing a “BitLicense” regulatory regime that he says will protect consumers and root out wrongdoing without stifling innovation by virtual-currency businesses in the state. Companies that store or exchange virtual currencies for cash would …

R.I.’s Starkweather & Shepley Announces 2 Promotions

Starkweather & Shepley Insurance Brokerage Inc. in East Providence, R.I., recently announced two promotions. Hilda D. Barbosa was promoted to assistant enterprise manager from account executive. Barbosa, who has been with Starkweather & Shepley for over 35 years, is based …

Lockton Adds Smith to Healthcare Risk Practice in Atlanta

Insurance agency Lockton has expanded its healthcare risk management practice with the addition of Jeffrey Smith as senior vice president, Healthcare Leader, based in Atlanta. In his role, Smith will focus deliver Lockton’s healthcare services to existing customers including hospitals …