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

M4.1 Earthquake Hits Hawaii’s Big Island

A magnitude-4.1 earthquake jolted the southern flank of Hawaii’s Kilauea volcano. The U.S. Geological Survey the quake last week was centered about 26 miles south of Hilo on the Big Island. It hit at 9:23 a.m. There were no reports …

Florida Reaches 20 Reported Cases of Zika Virus

Health officials say 20 cases of the Zika virus have been reported in Florida. The Florida Department of Health announced the new total Friday afternoon. Seven cases were reported in Miami-Dade County, and three each were reported in Broward, Hillsborough …

Should Google’s Parent Buy AIG?

It’s an “audacious” idea, and Citigroup Inc. acknowledges as much. Google’s parent, Alphabet Inc., should buy American International Group Inc. to expand into financial services, and turn the insurer into a laboratory for innovation, the New York- based bank’s analysts …

Fire Destroys 184-Year-Old Landmark General Store in Kentucky

A fire has destroyed a northern Kentucky landmark – the 184-year-old Rabbit Hash General Store in Boone County. Media outlets report the fire was reported at 9:15 p.m. Saturday. No one was injured. Bellevue-McVille Fire Chief Jeff Herms said the …

LP Insurance Services Hires Krauser in Nevada

LP Insurance Services Inc. has hired Ryan Krauser on its Northern Nevada sales team. Krauser is responsible for developing new business relationships as well as retaining and servicing existing clients. Krauser, formerly of Edgewood Partners Insurance Center in Reno, has …

Takata Engineer Pleads 5th Amendment in Florida Air Bag Lawsuit

A Takata Corp. engineer involved in testing the company’s air bags invoked his constitutional right against self-incrimination in declining to testify in a lawsuit brought by a woman left paralyzed in a 2014 accident. Lawyers for accident victims claim Takata …

Insurance Marketing Awards Show Now Accepting Submissions

The Insurance Marketing and Communications Association (IMCA) announced its 2016 Showcase Awards program is open for submissions through March 31, 2016. IMCA’s Showcase Awards recognize the “most effective and innovative work” from insurance marketing and communications professionals, according to Mark …

Coast Guard Probe Into Sinking of El Faro Cargo Ship Gets Underway

The U.S. Coast Guard begins hearings on Tuesday to investigate whether misconduct or negligence were factors in the sinking of the cargo ship El Faro during a hurricane last fall, an accident that left the vessel’s 33 crew members dead. …

AIG Takes More Off Top: Schreiber, Maag Out

American International Group Inc. veteran Brian Schreiber, who shepherded multibillion-dollar deals that expanded the company and then shrank it after the 2008 credit crisis, is departing as the insurer overhauls management. Seraina Maag, who rose to oversee regional operations after …

British Departure from EU Would Put at Risk $670 Billion of U.K. Trade: Study

A British departure from the European Union would put at risk 466 billion pounds ($670 billion) of U.K. trade with nations in Europe and beyond, according to a report published by the Centre for Economic and Business Research. Britain’s membership …