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

24 Apartments Near University of Central Florida Destroyed by Fire

Fire officials say fire destroyed an apartment building at a complex near the University of Central Florida. It took about 60 firefighters to put out the fire at the Tivoli Apartments on the afternoon of July 12. Seminole County Fire …

West Virginia Declares State of Emergency After Severe Flooding in 3 Counties

West Virginia Gov. Earl Ray Tomblin declared a state of emergency July 13 for Braxton, Webster and Wood counties after severe flooding. The state of emergency seeks to address the rockslides, mudslides and severe flooding that resulted from heavy rain …

Florida Supreme Court Asked to Decide Constitutionality of Workers’ Comp

A legal challenge to the constitutionality of Florida workers’ compensation system that was thrown out by a state appeals court may be headed to the Florida Supreme Court. The plaintiffs in the case have asked the state’s high court to …

Risk Settlements Adds Schienvar as Managing Director in Dallas

Risk Settlements has added Steven Schienvar as a managing director in Dallas. Schienvar previously spent 13 years at AIG in various positions including president of AIG’s assumed reinsurance division (AIG Re), and executive vice president, chief operating officer and chief …

Michigan Bill Calls for Transparency from Catastrophe Claims Assn.

A bill introduced in Michigan would require transparency and detailed financial and actuarial information from the Michigan Catastrophic Claims Association (MCCA) to be published on the association’s website. House Bill 4752, introduced by Rep. Derek Miller (D-Warren), would require the …

High Winds, Tornadoes Damage Parts of Midwest

Several Midwest states have been hit with damaging winds, tornadoes and flooding over the past several days. Forecasters say at least four unconfirmed tornadoes may touched down in western Minnesota when strong storms moved through the state. In Indiana, residents …

CFC Launches Cyber Policy for U.S. Healthcare Providers

Specialist lines underwriting agency, CFC, has extended its cyber product suite with the launch of a new policy developed specifically for U.S. healthcare providers. According to CFC’s Cyber Practice Leader, Vicky Paxton, “Healthcare companies have arguably become the largest target …

Chappell Joins Lockton as Property/Casualty COO in Dallas/Ft. Worth

Insurance broker Lockton has added Jay Chappell in its Dallas/Ft. Worth operations as chief operating officer for its property/casualty business. Chappell will provide leadership and strategic business oversight for client service for Lockton’s risk management operation, which serves more than …

Flooding Hampers Commerce on Arkansas River System

Drenching rains and flooding over the past two months have greatly reduced barge traffic along the 455-mile McClellan-Kerr Arkansas River Navigation System and dented the finances of companies that depend on the waterway. The navigation system stretches from Catoosa, Okla., …

Feral Hog Damage to Louisiana Crops: $30M and Counting

A study by the LSU AgCenter finds feral hogs have caused at least $30 million in damage to crops on Louisiana farms in 2013. AgCenter economist Shaun Tanger has been gathering data for more than a year from Louisiana farmers …