June 5, 2015
Continental Agency of CT, a wholesale insurance broker based in Hamden, Connecticut, with an additional office in Warwick, Rhode Island, hired Terry Hildebrand as marketing representative. Hildebrand brings over 40 years of experience in sales, underwriting, claims and training. He …
June 5, 2015
The recent flooding in Texas means the end of the road for an estimated 7,000 to 10,000 insured vehicles that suffered water damage, National Insurance Crime Bureau (NICB). That’s the current estimate from Copart, a company that works on behalf …
June 5, 2015
ProSight Specialty Insurance has launched a new insurance offering for drone operators. The proprietary program was developed from the company’s experience in insuring drone use in the film and live media industries and redefines “aircraft” to eliminate the exclusion for …
June 5, 2015
A Texas-based insurance company is facing a $275,000 penalty in North Dakota after regulators probed the company’s claim-settlement practices. North Dakota Insurance Commissioner Adam Hamm says an investigation revealed that American National Insurance Co. failed to follow regulations regarding guaranteed …
June 5, 2015
South Dakota insurance regulators and two insurance groups have reached a settlement that will result in a $750,000 total penalty against the companies. The state’s Division of Insurance announced the settlement with Farmers Insurance Group and Foremost Insurance Group. The …
June 5, 2015
Arthur J. Gallagher & Co. announced its acquisition of Solid Benefit Guidance (SBG) in Montvale, New Jersey. Terms of the transaction were not disclosed. Established in 2005, SBG is an employee benefits brokerage and consulting firm which provides pharmacy benefits …
June 5, 2015
Getting more money to South Carolina roads was a top priority of the governor, lawmakers and businesses for this year. But with one day left in the 2015 session, the road funding bill appeared dead on the Senate floor. There …
June 5, 2015
Two years ago on May 20, an EF 5 tornado touched down in Moore, Oklahoma, 4.4 miles west of Newcastle. The powerful twister, with wind speeds reaching 210 miles per hour, cleared a path of destruction stretching 14 miles while …
June 5, 2015
A federal judge has denied nine motions to dismiss charges against former Massey Energy Chief Executive Officer Don Blankenship related to a 2010 mine explosion in West Virginia that killed 29 people. Blankenship faces three felony counts for allegedly ignoring …
June 5, 2015
City officials accepted a $4 million federal grant to chop down trees in the ritzy Oakland hills, a decision that ignited debate over how best to prevent deadly wildfires in the affluent Northern California region. The Oakland City Council voted …