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

Oklahoma Storm Damage May Reach $200M, Official Says

Damage from severe storms that dropped historic levels of rainfall and spawned tornadoes and flooding across Oklahoma could reach $200 million, the state’s emergency management director said Tuesday. Albert Ashwood, director of the Oklahoma Department of Emergency Management, said damage …

North Carolina Woman Accused of Insurance Fraud Against American Modern

North Carolina Insurance Commissioner Wayne Goodwin has announced the arrest of Rebecca McKinney Spencer, 28, of Leland, N.C.; she is charged with one count each of insurance and obtaining property by false pretense. Department of Insurance criminal investigators accuse Spencer …

Ohio Settles with Road Salt Companies for $11.5M

Attorney General Mike DeWine says Ohio has reached an $11.5 million settlement with two rock salt producers who officials say conspired to drive up salt prices paid by the state and its local governments. The settlement dismisses a lawsuit filed …

Columbia Insurance Group Promotes Mackey; Erickson Retires

Columbia Insurance Group (Columbia) based in Columbia, Mo., promoted Scott Mackey to senior vice president and to the newly-created role of chief underwriting officer, as it says goodbye to retiring Jon Erickson, the company’s former senior vice president and chief …

AssuredPartners Acquires Indianapolis’ CoLiance Risk Advisors

Lake Mary, Fla.-based AssuredPartners Inc. has acquired CoLiance Risk Advisors through its AssuredPartners of Indiana subsidiary. The Indianapolis-based agency will operate under the local leadership of Managing Director Judd Feldman. CoLiance is a full service commercial property and casualty and …

Penn. Gov. Wolf Seeks State Authority Over Health Insurance Marketplace

Pennsylvania Gov. Tom Wolf’s administration said Tuesday it has formally applied to take over the operation of Pennsylvania’s health insurance marketplace as the Democrat seeks a bulwark against the potential loss of health insurance subsidies for hundreds of thousands of …

UPDATE: Hurricane Blanca Weakens off Mexico Coast; Bound for Baja Resorts

Hurricane Blanca weakened slightly off Mexico’s Pacific coast on Thursday but could restrengthen as it continues moving toward tourist resorts at the southern tip of the Baja California peninsula, the U.S. National Hurricane Center said. Blanca, the second hurricane to …

May U.S. Storm, Tornado Claims over $1Bn: Aon Benfield/Impact Forecasting

Impact Forecasting, Aon Benfield’s catastrophe model development team, has released its latest Global Catastrophe Recap report for the month of May. The report highlights the “powerful thunderstorms” that caused “major flooding across the U.S. states of Texas and Oklahoma during …

Oregon Husband of Pregnant Woman Killed in Crash Sues For $18M

The husband and the son of a pregnant woman who died in a rollover crash seek up to $18 million in a wrongful death lawsuit filed against three businesses, including the maker of a tire that blew during an Oregon …

Hub Acquires Assets of Shofner, Lynch & Shulse in New Mexico

Hub International Ltd. has acquired the assets of New Mexico-based Shofner, Lynch & Shulse. SLS will become part of the operations of Hub International New Mexico, which is based in Albuquerque. SLS will maintain its operations in Alamogordo, marking Hub …