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

5 Members of Alleged Ohio Auto Insurance Fraud Ring Indicted

Five Cincinnati-area residents have been indicted on multiple counts of alleged insurance fraud for filing a significant number of false insurance claims in 2014 totaling approximately $85,000, the Ohio Department of Insurance announced. The department alleges that as part of …

Lawsuit Says Oregon Woman’s Brain Tumor Sample For Biopsy Lost

An Oregon woman has sued a Portland hospital for $900,000, alleging that a brain tumor sample set aside for biopsy has been lost, leaving her uncertain about whether the tumor was cancerous. Catherine Stewart is seeking $100,000 in economic damages …

Idaho Lawmakers Take Up Guidelines For Driverless Cars

Idaho citizens could soon be sharing the road with driverless cars. A Senate panel considered a bill earlier this week that would allow companies to test self-driving cars on Idaho highways. Senate Transportation Committee Chairman Sen. Bert Brackett says the …

San Antonio Fire Crew Unaware Senior Facility Was a High-Rise

An analysis by the San Antonio Fire Department says the arrival of specialized resources to a December fire that killed five residents of a senior living facility near San Antonio, Texas, was delayed because responders were unaware it was a …

Specialized Property Broker Tracy Anderson Joins Breckenridge Insurance Services

KENNESAW, GA, March 5, 2015 — Breckenridge Insurance Services, a leading specialty wholesale commercial brokerage firm, has hired Tracy Anderson as a property broker to its Atlanta-based team. Anderson brings nearly a decade of excess and surplus lines expertise to …

Brokerslink Chairman Says Brokers and Broker Networks Must Adapt or Decline

Speaking at the 3rd Asia Insurance Brokers’ Summit in Kuala Lumpur, Jose Manuel Fonseca, chairman of Brokerslink, told delegates that, in order to address global challenges, brokers and broker networks must adapt or decline. Highlighting consolidation as a major challenge, …

India Tops List of Countries at Risk From River Flooding, Analysis Shows

Gross domestic product at risk of flooding in India, the world’s second-most populous nation, may surge 10-fold by 2030 as cities expand and climate challenges worsen, according to the World Resources Institute. A new online global flood-analyzing tool developed by …

Totten Insurance Group Acquires Quebec-Based Wholesaler NBS

Totten Insurance Group, the Toronto-based insurance managing general agency, announced it has acquired the shares of National Brokerage Services S.C.N. Inc. (NBS), a Montreal, Quebec-based commercial insurance wholesaler. Terms of the acquisition were not disclosed. This strategic acquisition expands Totten …

U.K.’s Aviva Reports 6% Increase in Operating Profit for 2014

Aviva plc, in the midst of buying Friends Life Group Ltd. for $8.6 billion, increased its shareholder payout for 2014 by 30 percent as the insurer reported higher profit. The final dividend was lifted to 12.25 pence per share, taking …

Georgia House Passes Ridesharing Regulation Bill

The first of a slew of bills that would regulate popular car-hailing companies such as Uber overwhelmingly passed the Georgia House on Tuesday, but the San Francisco-based tech firm said it was not happy with the measure or several others …