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

IIAT to Hold 10th Annual Small Agency Conference in San Marcos

Insurance agents and company representatives from across the state will meet Sept. 28-29 in San Marcos at the Embassy Suites San Marcos Hotel for IIAT’s 10th Annual Small Agency Conference. The Independent Insurance Agents of Texas conducts this annual event …

Report: Injury Claims Against NYC Correction Dept. Doubled in 5 Years

A new analysis published by the New York City comptroller’s office shows there were 2,245 personal injury correctional facility claims filed against the city’s Department of Correction in fiscal year 2014 which ended in June. That figure represents a 37 …

Mass. Grand Juries Indict 38 in Alleged Auto Insurance Fraud Scheme

Massachusetts prosecutors say grand juries in Hampshire and Franklin counties have indicted 38 people allegedly involved in an automobile insurance fraud ring. The Northwestern District Attorney’s office said in a statement on Wednesday the scheme largely involved individuals from the …

New Firefighting Strategy Unveiled by Colorado

Colorado will begin a new strategy for fighting wildfires in the coming weeks by deploying aircraft designed to pinpoint the location of blazes quicker after the first smoke sighting. The goal is to identify the location of wildfires within an …

Utah City Argues it’s Not At Fault For Landslide

A Utah city says it’s not to blame for a landslide that crushed a home earlier this month and forced evacuations in a mountainside community. No one was injured when the hillside tumbled on Aug. 5 in a subdivision about …

Los Angeles to Settle Police-Death Suit for $5 Million

The Los Angeles City Council voted Wednesday to pay $5 million to the family of an unarmed, disabled man who was killed by police in a shooting captured on live television. The council voted 12-2 in closed session to approve …

Meadowbrook Insurance Eyes Modest Growth in 2015

After two years of siphoning off unprofitable business, tightening underwriting and raising rates, Meadowbrook Insurance Group is looking forward to growing again, according to the company’s upper management. Even before ratings agency A.M. Best downgraded the Southfield, Mich.-based property/casualty insurer …

Underwriting and an EICy Approach to Climate Change

Floating together in a muck of alphabet soup the insurance industry, the government and the scientific community can be assured success in at least one thing amid their combined efforts to deal with climate change. It’s not an OMG revelation, …

N.Y. Man to Be Freed in Discredited Arson-Science Case

A New York City man who has spent 24 years in prison for setting a fire that killed his daughter will be released from custody while prosecutors decide whether to retry him. U.S. District Judge William Nealon on Tuesday granted …

Premium for Most Expensive Car Close to Income for Typical American Family

A Ferrari 250 GTO Berlinetta last week became easily the most expensive car sold at auction by when a bidder at a California auction agreed to buy it for $38.1 million, according to Hagerty Group LLC, a Traverse City, Michigan-based …