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

Car Insurer Hagerty Opens its First U.S. Regional Office in Colorado

Hagerty has opened its first U.S. regional office in Golden, Colo. McKeel Hagerty, CEO of Hagerty, said Golden was chosen because it has a diverse workforce, friendly business environment and proximity to a major airport. The Golden office, located at …

Natural Gas Company to Pay More than $1M in Fines over Oklahoma City Blast

Oklahoma Natural Gas will pay more than $1 million in fines for a gas explosion in Oklahoma City. The Jan. 2 blast destroyed one home and damaged about 50 others. One person was burned and two people were treated for …

Citing Safety, Louisiana Transportation Agency Plans More Roundabouts

Louisiana’s transportation department has kicked off an ad campaign touting the safety benefits of the roundabout, those traffic circles that are cropping up more and more in the state. The three-week safety campaign began Monday and runs through Oct. 28. …

Kansas Traffic Fatalities in 2016 Up 16%

Kansas transportation officials say more than 300 people have died in traffic accidents this year, a 16 percent increase over the same period in 2015. Kansas Department of Transportation traffic safety manager Chris Bortz said there was a 25 percent …

AIR Estimates Hurricane Matthew Insured Losses at $8.8 Billion

Hurricane Matthew, which devastated parts of the Caribbean before battering the U.S. East Coast, may cost insurers as much as $8.8 billion, according to AIR Worldwide. The catastrophe-modeling firm estimates insured losses range from $2.2 billion to $6.8 billion for …

Red Wings Arena Contractors Fined for Lack of Detroit Workers

Detroit officials say an estimated half-million dollars in fines have been levied on contractors working on the new Red Wings arena because the companies haven’t hired enough Detroit residents. Little Caesars Arena’s developer, Olympia Development of Michigan, is required to …

MarshBerry Enters Employee Stock Ownership Plan

Marsh, Berry & Co. Inc., a Cleveland-area consulting and investment banking firm focused on the insurance industry, announced that the firm has become 100 percent employee-owned through an Employee Stock Ownership Plan (ESOP) Trust. The ESOP announcement was made to …

Grand Jury Probe of Michigan Governor’s Legal Defense Sought by Flint Resident

A Flint resident is asking for a grand jury investigation of Michigan Gov. Rick Snyder’s decision to use at least $2 million in state funds for his legal representation related to criminal probes of the city’s water crisis. The complaint, …

2 Workers Injured in Suburban Chicago Natural Gas Explosion

Authorities say a natural gas explosion and fire at a townhouse complex in suburban Chicago has injured two utility workers. The explosion in Romeoville, Illinois, was reported Tuesday evening. Authorities say the explosion apparently stemmed from an earlier-reported gas leak. …

Deadline to Apply for Disaster Loans after Louisiana Flooding: Oct. 14

Time is running out for business owners, homeowners and renters with damage from the August floods to apply for federal disaster loans. The Louisiana Department of Economic Development says the deadline to seek the low-interest loans from the U.S. Small …