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

Execs Worry More About Tech Costs Than Regulation, Cyber Attacks: Willis

Rising costs for information technology infrastructure pose greater concerns for financial services firms than regulation or cyber attacks, a survey showed on Monday. IT costs came second only to macroeconomic concerns such as the impact of quantitative easing, according to …

Windstorm Insurance Bill Stirs Lively Debate in Texas House

Differences of opinion on the never-ending problem of what to do about property insurance along the coast had lawmakers from coastal areas pitted against inland representatives in the waning days of the Texas legislative session. Sides were drawn in a …

Ex-Senate Candidate to Run for North Carolina Insurance Commissioner

Unsuccessful 2014 U.S. Senate candidate Heather Grant says she’ll run for North Carolina insurance commissioner in 2016. Grant of Wilkes County announced Friday she will seek the Republican Party’s nomination for the job. Current Democratic incumbent Wayne Goodwin has served …

Judge Delays Ex-Massey CEO’s Trial, Keeps Case in West Virginia

A federal judge has agreed to delay the criminal trial of former Massey Energy CEO Don Blankenship. U.S. District Judge Irene Berger on Friday delayed the trial from July 13 to Oct. 1, The Charleston Gazette reports. Berger also ordered …

Geologists Studying Cause of Recent String of Alabama Earthquakes

Jim Sterling didn’t know what had hit his 156-year-old antebellum home when an earthquake struck Alabama’s old plantation region early one morning last November. Startled, he grabbed a gun and ran outdoors. In the pre-dawn chill, Sterling said, he found …

3 More Test Positive for E. Coli from South Carolina Daycare Outbreak

Health officials say testing has found three more cases of E. coli from an outbreak at a Greenwood day care center that has now sickened 11 and killed a 2-year-old boy. The South Carolina Department of Health and Environmental Control …

People – South Central

CoVerica Agency Alliance, based in Dallas, added Chris Sterlacci as regional vice president. Sterlacci will help enroll new partners and support existing members with building more profitable and successful agencies. The CoVerica Agency Alliance is a strategic partner of SIAA …

Oklahoma, Texas Assessing Damage from Violent May Weather

Even though it meant the commencement of hurricane season, weather-beleaguered Texans are likely pleased that May 2015 has come and gone. Both Texas and Oklahoma were pelted during the month of May with all kinds of violent and deadly weather, …

Failure of Texas Hail Claim Litigation Bill a Disappointment to Insurers

In the last days of the Texas legislative session an insurance industry-backed measure that proponents said would help rein in litigation related to property insurance claims died in the House of Representatives. Passed by the Senate on April 30, Senate …

Texas’ Watershed Dams Saved Estimated $40M in Flood Damage Costs

While May’s rains brought much needed drought relief across Texas, the torrential downpours in many instances washed out roads and bridges, stranded motorists and took the lives of a reported 27 Texans. A significant amount of flood damage didn’t occur, …