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

Texas, Louisiana Improve Building Code Rankings but More Work Needed

Texas doesn’t have the worst score in a recent ranking of state building code systems but it’s pretty close to the bottom, according to a national organization committed to improving the ability of properties throughout the nation to withstand catastrophic …

Oklahoma Enters Medical Marijuana Debate with Cannabidiol Bill

A medical pilot program using cannabidiol, a derivative linked to marijuana, is heading to a vote of the full Oklahoma Senate after being unanimously approved in the Senate Health and Human Services committee by a vote of 9-0. House Bill …

Family Donates $1M to Louisiana Hurricane Museum

The National Hurricane Museum and Science Center in Lake Charles, La., has received a financial shot in the arm, with a $1 million donation by the Stream family. Gray Stream, the center’s board chairman, told the American Press that the …

Industry, Consumer Group Spokesman Express Opposition to Texas Windstorm Bill

It’s not often you find an area of agreement between the property/casualty insurance industry and consumer advocacy organizations, but a Texas bill addressing the state’s coastal windstorm insurance pool has done just that. In a recent hearing at the state …

Forecasters: Slow Hurricane Season Expected in 2015

The Atlantic hurricane season in 2015 will see fewer than the average number of storms, according to Colorado State University researchers. Philip Klotzbach and William Gray said cooler ocean temperatures and the expectation that favorable atmospheric conditions will continue through …

Judge Agrees to Hear Opponent of NCAA $75M Concussion Settlement

A U.S. judge declined to immediately approve the National Collegiate Athletic Association’s $75 million settlement of a lawsuit by college athletes who’ve suffered head injuries, giving a critic of the accord three weeks to file arguments opposing the revamped deal. …

Bottom Line: Gulf Oil Spill Isn’t an Environmental Disaster

In early March a 30,000-pound mat of oily gunk washed up on East Grand Terre, a barrier island in the mouth of Louisiana’s Barataria Bay. It was an ugly reminder of the blowout at BP’s Macondo well, a disaster that …

MTM Insurance Acquires Minichiello Insurance in Massachusetts

MTM Insurance Associates, an independent insurance agency based in North Andover, Massachusetts, announced its acquisition of Minichiello Insurance Agency, an independent agency in Bradford, Massachusetts. Terms of the transaction were not disclosed. Following the transaction, Minichiello Insurance Agency will operate …

Vermont Mutual Names Bridge as President to Succeed Catto

Vermont Mutual Insurance Group announced that its Board of Directors has elected Executive Vice President Daniel C. Bridge as president of the Group. Bridge succeeds President and CEO William A. Catto who will retire on June 30, 2015.

TWFG Founder Named Gulf Coast Entrepreneur of the Year

Richard “Gordy” Bunch, founder, president, and CEO of The Woodlands Financial Group (TWFG) has been nominated Gulf Coast Entrepreneur of the Year by Ernst & Young, making him eligible for the 2015 national award. The Entrepreneur of the Year program …