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

Judge Won’t Recuse Prosecutors on West Virginia Chemical Spill Trial

A judge will let federal prosecutors keep working on a criminal case over a chemical spill last year in West Virginia, shooting down arguments that prosecutors should be recused from the case because they were among the 300,000 people without …

Giordano Joins The McGowan Companies as Executive VP

Don Giordano has joined Ohio-based The McGowan Companies (TMC) as an executive vice president. Giordano will be working with McGowan’s carrier and distribution partners to create additional excess casualty products and services, which will complement TMC’s industry leading excess casualty …

Disney Bans Selfie Sticks, Cites Safety Concerns

Don’t bring your selfie stick to Disney World. Officials announced Friday that a ban takes effect today at all four Disney theme parks in Orlando as well as at Disney’s water parks and Disney Quest, a gaming attraction at Downtown …

Florida PIP Clinic Owner Charged with More Than $100K in Insurance Fraud

The Florida Division of Insurance Fraud announced the arrest of Dr. Troy Godsey and Renata Berriel Deazevedo for their roles in a scheme to defraud multiple insurance companies of more than $100,000. Troy Godsey, a licensed chiropractor, established Spine Health …

Study: North Carolina’s Outer Banks Risk Losing $2B to Rising Seas

With scientists expecting the seas to rise about 3 feet over the next 100 to 150 years, a new study from the National Park Service says the two national seashores on North Carolina’s Outer Banks risk losing buildings and other …

Texas Court Denies Insurer’s Reinsurance Tax Break Argument

A Texas appeals court has ruled that an insurer can’t recoup premium taxes reluctantly paid on reinsurance agreements with two public employee self-insured risk pools on the grounds that the risk pools aren’t insurers. In a case appealed from a …

SpaceX Cargo Loss is Government’s, but Rocket Costs and Backlog Uncertain

SpaceX’s Falcon 9 rocket en route to the International Space Station erupted in flames on Sunday moments after its launch, delivering a potential business interruption blow to the so-far highly successful private space company. The craft was about 21 miles …

New Hampshire Fire Marshal’s Office Urges Fireworks Safety

Officials from the New Hampshire fire marshal’s office are urging residents and visitors alike to use caution in buying and using fireworks as the July Fourth holiday weekend approaches. They encourage people to buy their fireworks through licensed retail stores …

All Risks in Maryland Hires Korn as Brokerage Underwriter

Independent insurance wholesaler All Risks Ltd. hired Stu Korn as brokerage underwriter in the Non-Standard Homeowners unit. In this role, Korn will be responsible for cultivating and growing personal lines business, focusing on high value residential properties in New Jersey …

FEMA Sets Sept. 15 Deadline for Requesting Sandy Flood Claims Review

The Federal Emergency Management Agency (FEMA) announced that Sept. 15 would be the last day for National Flood Insurance Program (NFIP) policyholders who filed Superstorm Sandy flood claims to sign up for the review process. “While extensions may be granted …