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

N.Y. Sen. Gillibrand Calls for More Transparency in NFIP Claims Process

U.S. Sen. Kirsten Gillibrand, D-New York, is announcing legislation to require the Federal Emergency Management Agency to be more accountable to property owners who file claims. Gillibrand says many New Yorkers whose homes were damaged or destroyed during Superstorm Sandy …

Indiana Judge OKs Facebook Messages in Marina Fire Trial

A judge has declined to prevent private Facebook messages from being considered during a trial of two people charged in an Evansville, Ind., marina fire. The Evansville Courier & Press reports the judge denied the motion to suppress the messages …

Illinois Trucking Company Must Pay $240K in Religious Discrimination Suit

A federal jury in Peoria, Ill., has awarded $240,000 to two Somalian-American Muslims who were fired from their jobs as truck drivers at Star Transport, an over-the-road trucking company, when they refused to transport alcohol because it violated their religious …

Texas Insurance Agent, Another Man Sentenced for Ponzi Scheme

Two North Texas men, one of whom is a licensed insurance agent, have been sentenced to five-year prison terms and must repay nearly $2.4 million solicited in a Ponzi scheme, according to U.S. Attorney John Parker of the Northern District …

Heritage Taps Hutchinson to Lead Sales & Marketing in Mass., R.I.

Clearwater, Florida-based Heritage Property & Casualty Insurance Company has hired Peter J. Hutchinson as director of sales and marketing for Massachusetts and Rhode Island, a new position. He is based in Westfield, Massachusetts.

Target Markets Study: Program Business Revenue Doubled in 5 Years

The financial performance of commercial property casualty insurance program administrators continues to outpace the performance of the overall property casualty insurance markets, according to the most recent study for the Target Markets Program Administrators Association (TMPAA). Program business premium revenues …

Lyft Becomes First to Offer Ridesharing at Las Vegas Airport

Lyft is the first ridesharing company to offer trips to travelers at McCarran International Airport in Las Vegas. Lyft said it began offering airport rides Monday morning. The company’s smartphone app connects individuals in need of a ride with drivers …

West Coast Towns Vulnerable to Tsunamis Consider Ways to Save Lives

Bracing for a tsunami like the one that devastated Japanese communities during a 2011 mega-earthquake, coastal communities from British Columbia to California have been grappling with how to protect people from a similar catastrophe. One of those towns is constructing …

Earthquake Swarm Around San Francisco Persists

The U.S. Geological Survey reports that in the last two weeks more than 400 small earthquakes have hit a city east of San Francisco. KNTV reported that the city of San Ramon appears to have broken an earthquake record with …

Argo Group Reports Q3 Net Income of $35.3M vs. $44.7M for Q3 2014

Bermuda-headquartered Argo Group International Holdings Ltd. reported net income of $35.3 million, or $1.24 per diluted share, compared to $44.7 million, or $1.54 per diluted share, for the third quarter of 2014. Net income for the nine month period ended …