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

VanDelinder Honored with Distinguished Service Award from State Auto

David VanDelinder, president and CEO of the Independent Insurance Agents of Texas (IIAT), has been presented with State Auto Insurance Co.’s Distinguished Service Award. The presentation by State Auto CEO Bob Restrepo and Western Region President Gerald Ladner was made …

Louisiana Volunteer Fireman Sentenced to 5 Years for Arson

The Louisiana Department of Agriculture and Forestry says a former volunteer firefighter from Longville has been sentenced to five years at hard labor for setting wildfires in woods near his home town. Court documents show that Brandon Lee Harris was …

Crestbrook Insurance Expands into Oregon, Washington

Scottsdale, Ariz.-based Crestbrook Insurance Co., an affluent market personal lines carrier, is expanding into Oregon and Washington. Independent insurance agents and brokers appointed with Crestbrook in both states are now able to offer the property/casualty carrier’s products and services to …

NFP Acquires Cincinnati, Ohio-Based Benefit Resources

National Financial Partners Corp. (NFP), a provider of benefits, property/casualty and life insurance, and wealth management services, announced it has acquired Benefit Resources Inc., a Cincinnati-based insurance consulting and brokerage firm that has been a member of NFP’s Benefits Partners …

Cleanup at Arkansas Train Crash Site Ongoing

An important highway in northeast Arkansas could stay closed into next week as crews clean up the wreckage left from a head-on train collision, a highway official said. Two railroad workers were killed and two others were injured when the …

Michigan Renters to Split $500K Settlement in Harassment Suit

At least 13 women will share a more than $500,000 settlement after a federal lawsuit said a Grand Rapids, Mich., apartment manager sexually harassed tenants. A judge approved the settlement with the entities that own and operate Alger Meadows Apartments …

Robber Shoots Employee at Missouri Insurance Office

Police in Independence, Mo., are looking for a man who shot an employee while robbing an insurance office. Police spokesman Tom Gentry says the shooting occurred in the afternoon on Aug. 20 at the Dingeldein Insurance Group building. He says …

California-Based Palomar Specialty Insurance Expands Into More States

La Jolla, Calif.-based Palomar Specialty Insurance Co., established in February 2014 as a specialty catastrophe insurer, announced it is now licensed to write residential and commercial insurance in 14 states. Palomar Specialty initially focused on writing residential earthquake insurance, commercial …

Data: Connecticut, Maine Have Slow Economic Growth

Economic growth in New England has been slowest in Connecticut and Maine since the end of the recession in 2009, according to new federal statistics released Wednesday. Quarterly gross domestic product — the value of all goods and services — …

New York to Receive $800M in Bank of America Settlement

New York state will get $800 million as its share of a national $16.65 billion settlement with Bank of America over its role in the sale of mortgage-backed securities in the run-up to the financial crisis, New York Attorney General …