Preferred Mutual Hires Butler-Andersen as Field Sales Manager in New York
Preferred Mutual Insurance Company in New Berlin, New York, hired Kindra Butler-Andersen as field sales manager.
Forecasters Watching Tropical Storm Joaquin as It Churns in Atlantic
Forecasters are watching Tropical Storm Joaquin as it churns in the Atlantic near the Bahamas to see if it will become a threat to the U.S. East Coast later this week. Joaquin was about 385 miles (620 kilometers) northeast of …
Florida Man Charged with Fraud, Theft of 4M Pounds of Citrus
State agriculture officials say a Florida man is accused of illegally obtaining more than 4 million pounds of citrus, valued at over half a million dollars, from five different individuals and companies. Agriculture Commissioner Adam Putnam said in a news …
Trial Set to Start for Former Energy CEO in Deadly West Virginia Mine Blast
Former Massey Energy CEO Don Blankenship hits the courtroom for a criminal trial Thursday, facing charges that he conspired to break safety laws and lied to financial regulators about safety practices at the site of the deadliest U.S. mine explosion …
Burns & Wilcox Brokerage Opens Office in North Carolina
Burns & Wilcox Brokerage has opened a new full service brokerage office in Charlotte, North Carolina. This latest location is the third the company has opened in just nine months. According to Denis Brady, president of Burns & Wilcox Brokerage, …
Study Alleges SEC Inflates Enforcement Statistics
The U.S. Securities and Exchange Commission’s metrics for computing annual enforcement statistics are “deeply flawed,” making the agency falsely appear as though it is getting tougher every year, a new academic study concluded. The draft study by Emory University law …
Lockton Appoints Hammond, Spencer, Nimmo to Leadership Positions
Privately-held insurance broker Lockton announced expanded leadership roles for Mike Hammond, Glenn Spencer and Neil Nimmo. Spencer has been named chief operating officer of Lockton Inc. and president of Lockton Companies in the US. Spencer had previously been U.S. chief …
Arkansas Mutual Insurance Co. Rated ‘A’ by A.M. Best
A.M. Best has assigned a financial strength rating of “A” (Excellent) and an issuer credit rating of “a” to Arkansas Mutual Insurance Company (AMIC) in Little Rock, Ark. The outlook assigned to both ratings is stable. The ratings are reflective …
Moradi Joins Hub in Chicago as Technology Leader
Chicago-based Hub International Limited (HUB), a global insurance brokerage, has added Carla Moradi as executive vice president of Operations and Technology. Moradi will lead the implementation of strategic enterprise-wide customer technologies and operations, supporting all HUB regional locations throughout the …
Volkswagen to Recall 11 Million Vehicles for Diesel Fix
Volkswagen announced plans on Tuesday to refit up to 11 million vehicles and overhaul its namesake brand to try to move on from the scandal over its cheating on diesel emissions tests. New Chief Executive Matthias Mueller said the German …
