Monthly Archives: <span>January 2016</span>

Worldwide Facilities, LLC Expands into Dallas; Appoints Cade Felker and Hayden Haucke as Senior Vice Presidents

Dallas, TX, January 15, 2016—National wholesale insurance brokerage Worldwide Facilities, LLC, is pleased to announce the opening of its new office in Dallas, Texas. The new office will be headed by Senior Vice Presidents Hayden Haucke and Cade Felker. Cade …

U.S. Safety Officials Push Self-Braking Technology for Cars, Trains, Trucks

Safety officials want to see more technology used to reduce accidents on U.S. roads, airways and railroads. In its annual “Most Wanted” list, the National Transportation Safety Board is urging government regulators and industry to move more quickly to adopt …

The Struggle Getting U.S. Regulators to Understand Insurance

The designation of MetLife as a systemically important financial institution by the Financial Stability Oversight Council is a done deal. But exactly what that means in terms of higher regulatory standards is still not clear. Those details could come this …

Winter Weather Leads to 55 Accidents in 5 Hours in West Virginia

Officials in Monongalia County, West Virginia, say a winter storm combined with dozens of traffic accidents kept many students away from home for hours. County 911 director Michael Wolfe says 55 accidents and 30 requests for motorist assistance occurred over …

Former NAPSLO President Kurt Bingeman Passes Away

Kurt Bingeman, a former president of the National Association of Professional Surplus Lines Offices Ltd., passed away at his home on Monday, Jan. 11, NAPSLO announced. He was 66.

XL Catlin, RPS/Plus Add Data & Theft Endorsements to Title Agent Policies

XL Catlin and RPS/Plus Companies have launched two new endorsements – making data breach and added theft protection available – for their professional liability insurance program specifically designed for title and escrow agents. “People like to hold service providers accountable,” …

New Ohio Law Strengthens Certificate of Insurance Regulation

A new Ohio law that provides strengthened regulatory protocols and oversight in relation to certificates of insurance is now in effect. Businesses often share the document as proof that they have insurance. House Bill 259 (Sears, Ryan) helps address issues …

Virginia City, Insurers Settle Suit Filed by Wrongfully Convicted Man

The city of Newport News, Virginia, and its insurers have paid $2 million to settle a lawsuit brought by a man who spent nearly 23 years in jail before a judge tossed his conviction. The Daily Press reports that the …

Accused of Defrauding State Farm, County Exec in Illinois Quits

The in central Illinois has resigned in the wake of his indictment on federal fraud charges. Republican Matt Sorensen submitted a resignation letter to an executive committee meeting, The Pantagraph in Bloomington reported. “I refuse to allow current issues to …

Oklahoma Residents Sue 12 Energy Companies Following Earthquakes

A group of Edmond residents has filed a lawsuit against 12 energy companies, claiming that their saltwater disposal wells were partly to blame for earthquakes in central Oklahoma in recent weeks. The lawsuit seeks a permanent injunction to stop the …