February 19, 2015
Tower Hill Insurance Group has made its commercial lines products available to Florida businesses through Tower Hill Prime Insurance Co. Tower Hill Prime is an admitted property and casualty carrier headquartered in Gainesville, Fla. Previously, only personal lines products were …
February 19, 2015
Integro Ltd. has acquired E&O Professional Risk Management and Insurance Services Inc. of Mission Viejo, Calif. Terms of the deal were not disclosed. E&O Pros founder and CEO Sheri Pontolillo will lead the E&O Pros group within Integro and report …
February 19, 2015
A key lawmaker said talks she’s leading among taxi firms, rideshare companies such as Uber and insurers on an updated law regulating the new and growing rideshare industry are progressing. Rep. Karen Fann, chair of the insurance committee, said parties …
February 19, 2015
A magnitude-4.3 earthquake rumbled under Washington state’s Cascade Range, but no damage has been reported. The Pacific Northwest Seismic Network says the quake struck at 1:04 a.m. Wednesday and was centered about 20 miles north of Ellensburg and 10 miles …
February 19, 2015
Officials are considering new water restrictions as California’s drought drags on, possibly forcing residents to ask for water at restaurants and for fresh towels and sheets at hotels. The State Water Resources Control Board floated the ideas at an informational …
February 19, 2015
While motorists who commit moving violations typically pay higher auto insurance costs, how much more they pay varies significantly by state, according to a report by an online insurance seller. For example, drivers who receive a DUI charge will pay …
February 19, 2015
AssuredPartners Inc. has acquired Amtech Insurance Brokers in Latham, New York. Terms of the transaction were not disclosed. Amtech has been providing commercial insurance and risk management services for businesses for the past 22 years. Its industry specialties include construction, …
February 19, 2015
The Federal Emergency Management Agency is working to settle lawsuits by hundreds of Hurricane Sandy victims who challenged denials or alleged underpayments of flood insurance claims. Brad Kieserman, deputy associate administrator for insurance at FEMA, disclosed the settlement talks during …
February 19, 2015
The biggest entitlement legislation in a generation is causing barely a ripple in corporate America. The Patient Protection and Affordable Care Act — otherwise known as Obamacare — is putting such a small dent in the profits of U.S. companies …
February 19, 2015
Huge jury verdicts against companies over fatal flaws in their products made a comeback last year, which may foretell more bad news for carmakers with defective parts. Absent for a decade, billion-dollar verdicts returned in product defect suits in 2014. …