Monthly Archives: <span>March 2015</span>

California Commissioner Names New Insurance Diversity Task Force

California Insurance Commissioner Dave Jones on Monday announced the members of the 2015-2016 Insurance Diversity Task Force, which will make recommendations to Jones on ways to increase diversity in procurement and governing boards within the insurance industry. Task Force members …

New Jersey Couple Sues Insurer Over Sales Tax Dispute

A New Jersey couple sued an insurance company on March 13, claiming it defrauded them out of the sales tax in their Superstorm Sandy claim, and their lawyer said others might also have been affected. Charles and Beverly Mooney sued …

Newtown Families Sue Lanza Estate; Suits Seek to Collect on Homeowner Policy

The families of nine people killed in the Newtown elementary school shooting have filed lawsuits against the estate of the gunman’s mother. The lawsuits contend Nancy Lanza failed to properly secure her legally owned Bushmaster AR-15 rifle, which her troubled …

Lockton Hires Chayot as VP for Northeast Operation

Insurance broker Lockton has hired Danielle Chayot as vice president and producer for its Northeast operation. Chayot is based in Lockton’s New York office.

CFC Launches Two New Contingency Insurance Products

Specialist lines underwriting agency, CFC Underwriting, has launched prize indemnity and over-redemption policy products. The new coverages come from CFC’s recently established contingency team and follow the appointment of Matt Helm as Contingency Practice leader last year. “Prize competitions and …

South Dakota Trucking Company Ordered Off the Road

Federal transportation regulators have ordered a South Dakota trucking company and its owner to stop all commercial operations. The Federal Motor Carrier Safety Administration has deemed commercial driver Lonnie Roth and his namesake company imminent public safety hazards. The agency …

Va. Retailer Lumber Liquidators to Pay for Safety Testing of Flooring

Retailer Lumber Liquidators said on March 12 that it stands by its products and will pay for the safety testing of laminate floors for customers to help ease concerns. The Toano, Virginia, company addressed concerns raised following a “60 Minutes” …

Clark Insurance Names Ramsdell Senior VP in Maine

The Board of Directors at Clark Insurance has elected Lee Ramsdell to the position of senior vice president. Ramsdell was previously vice president and also serves as corporate secretary. He is based in Portland, Maine.

Parents Awarded $1.5M in Oklahoma Teen Drunk Driving Case

Parents of a 17-year-old Oklahoman who was killed in a traffic accident in 2012 have been awarded $1.5 million in a civil case settlement. The Oklahoman reports that Donna and Duane Kerns have settled with Woodshed Liquor Store, which sold …

90% of Parents Waive Teen Driving Restriction in Iowa

An effort to improve some teen drivers’ road safety by limiting their number of passengers is having little impact in Iowa, because the majority of parents are signing waivers to opt their kids out of the requirement. According to data …