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

Texas Fire Investigators Honored for Service

A Texas Advisory Council on Arson (ATAC) has honored two Texas fire investigators for their years of service and accomplishments. The two honored were Azle Fire Marshal Kenneth Wilson and Lt. Lorenzo Chavez, a fire investigator with the Irving Fire …

One Killed by Falling Beams After 18-Wheeler Hits Texas Bridge

One man was reported killed and three injured on March 26 after a tractor trailer truck hit the FM 2484 overpass bridge on Interstate 35 in Central Texas, causing beams to fall on the traffic below. The bridge near the …

Hochberg Named CEO of JLT Re in North America

Reinsurance broker JLT Re has appointed Ed Hochberg as CEO of JLT Re in North America. Hochberg is currently global head of Analytics, Banking and Advisory at JLT Re, having joined as part of the 2013 Towers Watson Re acquisition. …

Vertafore Partners to Expand Cloud, Data, Mobile Offerings

Insurance software provider Vertafore announced three new partnerships to expand its end-to-end technology offerings for the cloud, data, and mobile spaces at its user conference, NetVU15, now taking place in Indianapolis through Saturday. The company said the new partnerships are …

ACA Financial Asks N.Y.’s Top Court to Revive Goldman Suit Over Abacus

ACA Financial Guaranty Corp. urged New York’s top court to reinstate a suit accusing Goldman Sachs Group Inc. of conspiring to force it to insure an investment that led to a $550 million settlement with regulators. Goldman failed to disclose …

Tempest Brewing Around California Uninsured Motorist Coverage

A tempest is brewing around California’s otherwise functional system of uninsured and underinsured automobile insurance. At an informational hearing held in the great Shakespearian tradition of dialogue capped by monologue, California state senators were treated to three hours of testimony …

Kentucky DUI Ignition Interlock Bill Heads to Governor

Kentucky lawmakers have given final passage to a bill aimed at curtailing drunken driving through use of ignition interlock devices that test the sobriety of drivers. A final version cleared the House and Senate this week as lawmakers neared the …

Florida Cat Fund Cleared to Buy $2.2B of Reinsurance

In what counts as excellent news both for Florida taxpayers and the private insurance market, Gov. Rick Scott and the State Board of Administration have approved a request from the Florida Hurricane Catastrophe Fund to explore transferring up to $2.2 …

Employees Exempt from Workers’ Compensation

Employee-employer relationships regarding workers’ compensation are complicated by the IRS, industrial commissions, the courts and state statute. Each has its own definition or applies a different test to define “employee.” Certain “employment” situations and arrangements are exempt from the requirements …

Supreme Court Omnicare Ruling Addresses Company Opinion Statements

The U.S. Supreme Court Tuesday issued a decision that will affect the landscape for securities class actions. In the unanimous ruling, which focused on opinions expressed in documents filed with the U.S. Securities and Exchange Commission, the high court said …