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

The Competitive Advantage: Facts, Face ‘Em, Focus on ‘Em, Go Forward

One well-known youth program in the U.S. is 4-H, which stands for head, hands, heart and health. The concept is for youths to learn a whole-health approach to life. The whole-health life approach is a proven successful way to balance …

Economic Cost of Pandemics

A pandemic influenza outbreak in the United States could have economic costs nearly double the total amounts experts have previously calculated, depending on how the public, government and businesses respond to an epidemic, according to policy and risk experts in …

Business Moves

Rogers & Gray, Albert Brock Co. Cape Cod, Mass.-based Rogers & Gray Insurance has acquired the independent insurance agency, Albert G. Brock Co., located on Nantucket Island, Mass. The newly formed entity will now be known as Brock Insurance, a …

Declarations

Moped Safety “Literally, you can be stinking drunk on a moped and can’t be arrested.” —South Carolina State Sen. Greg Hembree, in response to the lack of regulation for mopeds. Gov. Nikki Haley vetoed a moped safety bill in June …

QBE, Marsh Consider the Brexit-Effect

QBE Insurance Group announced last month that it will be reviewing its UK-based operations in light of the UK leaving the European Union. “The referendum outcome may require a revised approach in relation to approximately £500 million [$665.4 million] of …

Is It Time to Dust Off Your Agency CAT Program?

Does your organization have an emergency response plan in case a massive hurricane devastates a coastal area and affects thousands of insureds? Is your staff prepared to handle the influx of calls after a tornado cuts across your coverage area, …

Applied Underwriters’ Workers’ Comp Business Faulted by California Regulator

California’s insurance commissioner said in late June a Berkshire Hathaway Inc. insurance business evaded a state law designed to protect small businesses from unexpected workers’ compensation costs. Commissioner Dave Jones faulted Berkshire’s Applied Underwriters Inc. and California Insurance Co. units …

Unlicensed Agent Nabbed for Stealing More Than $140K in Premiums

Robert Meseer, 63, of Westminster, was arrested last month by California Department of Insurance investigators on 32 felony counts of grand theft, insurance fraud, and forgery after acting as an insurance agent to allegedly steal more than $140,000 from several …

California’s Last Nuke Plant Would Be Closed by 2025 Under Deal

California’s last nuclear power plant will close by 2025 under an accord announced in June, ending three decades of safety debates that helped fuel the national anti-nuclear power movement. The state’s largest utility, Pacific Gas & Electric Co., and environmental …

Judge Allows Bulk of Starbucks Suit in California over Lattes to Proceed

A federal judge is allowing the bulk of a lawsuit accusing Starbucks of systematically under-filling lattes to move forward. Two California residents are suing the Seattle-based coffee chain, claiming that Starbucks lattes are only filled to about 75 percent of …