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

Feds: $3.6B for Post-Sandy Transportation Projects

Federal officials have announced $3.6 billion to make public transportation more storm resistant in New York, New Jersey and other parts of the country damaged by Superstorm Sandy. U.S. Transportation Secretary Anthony Foxx and other officials announced the funding for …

Ohio Utility Hopes to Deter Metal Thieves with New Fencing, Cameras

A major electricity provider in northeast Ohio is installing special security fencing and thermal-imaging cameras at some substations to keep out would-be metal thieves. Akron-based FirstEnergy is spending $15 million this year on such efforts to strength security at substations …

Deere Mulling Options for Crop Insurance Business

Deere & Company, based in Moline, Ill., announced it is reviewing strategic options for its crop insurance business, which underwrites policies through John Deere Insurance Co., a business unit within John Deere Financial. Deere said no formal decisions have been …

Taiym Joins Michigan’s Accident Fund Holdings as CIO

Lansing, Mich.-based Accident Fund Holdings Inc. has hired Said Taiym as chief information officer. Taiym joins the holding company’s executive team and will be responsible for overseeing information technology solutions across the enterprise. Taiym brings 15 years of experience in …

Oklahoma Man Drives Truck into Lake, Gets Charged with Insurance Fraud

Oklahoma Attorney General Scott Pruitt has filed insurance fraud charges against Brian Troutman for falsely submitting a claim for the loss of his vehicle. According to the AG’s office, a fraud unit investigation found that Troutman, 40, told the Oklahoma …

Preliminary Flood Maps Available in Texas for Aransas, San Patricio Counties

Newly-released preliminary flood maps for Aransas and San Patricio counties in Texas will help residents and business owners to determine their flood risks and make informed decisions, according to the Federal Emergency Management Agency (FEMA). County officials and FEMA are …

$1.6M in Preparedness Grants Go to Arkansas, Louisiana, New Mexico, Oklahoma, Texas

Emergency management agencies in five states – Arkansas, Louisiana, New Mexico, Oklahoma and Texas – have been awarded more than $1.6 million in preparedness grants from the Federal Emergency Management Agency (FEMA), the agency announced. In Arkansas, the grants total …

Berkshire Hathaway Specialty Enters Fidelity & Crime Market; Names AIG’s O’Neill

Berkshire Hathaway Specialty Insurance (BHSI) said it is entering the fidelity and crime insurance market, and has named Brian O’Neill to lead the effort. O’Neill joins BHSI with 30 years of fidelity and crime underwriting and underwriting management experience, most …

ACE Names 2 to High Net Worth Personal Lines Group

ACE Group announced executive appointments in its high net worth personal lines insurance business, ACE Private Risk Services, naming Clyde Douglas as senior vice president, Claims, and Eileen Castolene as vice president of Operations. Based in Salem, Virginia, Douglas will …

Lawsuit Over Boeing Worker’s Death Blocked by Justices

Washington’s Supreme Court says in a split decision that Boeing can’t be sued over a worker’s death from asbestos exposure. Worker Gary Walston was exposed to asbestos throughout his long career at Boeing, but especially during a span in 1985 …