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

Nationwide, Hartford Steam Boiler Offer Cyber Cover for Small Business Owners

As more than half of all U.S. small businesses have experienced a data breach, Nationwide has joined forces with Hartford Steam Boiler (HSB) to offer cyber insurance coverage for small business owners. The services and coverages help small businesses respond …

Aquiline Capital Acquires Majority Stake in Beach & Associates in Toronto

Aquiline Capital Partners, a New York-based private equity firm investing in financial services, has made an investment for a majority of the equity in Beach & Associates Ltd., an independent global reinsurance broker based in Toronto, Canada. Beach & Associates’ …

Family Settles Suit in Death of Georgia Worker on Allman Film

The family of a film worker who was killed in a train accident while shooting a movie near Savannah has reached a settlement with several defendants in a civil suit. A statement from the Harris Penn Lowry law firm last …

FHA Chief Watt Says Force-Placed Home Insurance Changes ‘Tough’

The Federal Housing Finance Agency has yet to deliver on changes to a controversial type of homeowners’ insurance even as its director told the Senate Banking Committee last week that it’s making progress. So-called force-placed insurance, which banks buy to …

Mississippi’s Lafayette County Expands Fire District

Residents living along Mississippi Highway 30 and on several county roads extending off the highway may soon see a reduction in their homeowners insurance after the area was included in the Lafayette County Fire Department’s Central Fire Grading District. Fire …

Tennessee Insurance Broker Murdered in Virgin Islands

Authorities say a Nashville insurance broker was found dead in his secluded rental home in the U.S. Virgin Islands. The U.S. Virgin Islands Police Department confirmed that Edward Netherland, 60, was found Tuesday morning. The department said an autopsy revealed …

Massachusetts Commissioner Murphy to Step Down, Join Coverys as COO

Massachusetts Insurance Commissioner Joseph Murphy will step down from his post and join Boston-based medical professional liability insurer Coverys as its new chief operating officer, Coverys announced Monday.

EPIC Acquires Atlanta Specialty Brokerage Greyling

EPIC Insurance Brokers and Consultants, a retail property/casualty insurance brokerage, has acquired Greyling Insurance Brokerage & Risk Consulting, Inc., a specialty insurance broker and risk management consultant based in Atlanta, Ga., with locations in St. Louis, Mo. and Tampa, Fla. …

Employee Loyalty Highest at Small, Local Businesses

Employees of small, locally owned businesses have the highest level of loyalty to their employers — and for rural workers, size and ownership of their company figure even more into their commitment than job satisfaction does, according to Baylor University …

Buffalo, N.Y.-Area Residents Urged to Prepare for Flooding

Buffalo, New York, is making significant progress clearing streets still clogged from an epic storm left more than 7 feet of snow even as a flooding threat looms, the city’s mayor said Sunday. A ban on driving will continue in …