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

The ‘Pokemon Go’ Files: 10 Tales of Trespass, Robbery, Murder and More

The “Pokemon Go” craze across the U.S. has people wandering into yards, driveways, cemeteries and even an off-limits police parking lot in search of cartoon monsters, prompting warnings that trespassers could get arrested or worse, especially if they cross paths …

Lloyd’s Insurer Chaucer Expects Underwriting Loss During Q2 2016

The impact of catastrophes, large loss activity and foreign exchange movements are expected to bring an underwriting loss for Chaucer in the second quarter, when it will report a combined ratio in the range of 103 to 105 percent, according …

MetaBank Taps Cunningham and Koenig for AFS/IBEX in Texas

MetaBank has named Susan Cunningham senior vice president of sales for its premium finance division, AFS/IBEX. She will operate out of the Dallas and lead sales and marketing in Texas and adjoining states. Cunningham has more than 30 years of …

Alliant Names Peters Executive Vice President in Maryland

Alliant Insurance Services Inc. has named Barry Peters executive vice president with the company’s Alliant Americas division. Peters will be based in the Bethesda, MD office of Alliant. He will design and deploy insurance and risk management solutions to clients …

Potato in Tailpipe Leads to Arson Suspect in Connecticut

Police say a potato stuffed into a vehicle’s tailpipe helped lead them to a 19-year-old Connecticut stripper who’s now charged with setting fire to a business in a dispute over money. Willow Martin, of Naugatuck, was charged this week with …

House GOP Wants Democratic AGs’ Records on Climate Change Suit Against Exxon

Escalating a political fight over global warming, a Republican House chairman issued subpoenas this week to two Democratic state attorneys general, seeking records about their investigation into whether Exxon Mobil misled investors about man-made climate change. Texas Rep. Lamar Smith, …

Construction Firm Sentence for New York Worker’s Death: Pay for Public Announcements

A construction company convicted in the death of a worker in a New York trench collapse has been sentenced to fund a series of worker safety public service announcements. But an attorney for Harco Construction LLC told a judge Wednesday …

Caution: Millions of U.S. Drivers Are Angry, Aggressive or Enraged!

Nearly 80 percent of drivers expressed significant anger, aggression or road rage behind the wheel at least once in the past year, according to a new study by the AAA Foundation for Traffic Safety. The most alarming findings suggest that …

Buffett Gives $2.8 Billion in Shares to Charities Including Gates Foundation

Warren Buffett, the billionaire chairman of Berkshire Hathaway Inc., has donated another roughly $2.86 billion of his holdings in the company’s stock to the Bill & Melinda Gates Foundation and four family charities, as part of his plan to give …

P/C Insurers’ Net Income Fell 26% in Q1

U.S. property/casualty insurers saw their net income after taxes fall to $13.3 billion in first-quarter 2016 from $18.1 billion in first-quarter 2015—a 26.6 percent decline—and their annualized quarterly yield on investments drop to 2.9 percent—the lowest this century—from 3.1 percent …