Monthly Archives: <span>February 2017</span>

Florida’s CFO Atwater to Step Down After 2017 Legislative Session

In a move sure to shake up Florida’s political landscape, Jeff Atwater, the state’s chief financial officer, resigned Feb. 10 to take a job at Florida Atlantic University. Atwater, a Republican from Palm Beach County, had risen to the rank …

Homeowners in South Carolina Awarded $7M in Faulty Construction Lawsuit

A townhome community in Mount Pleasant, S.C., has won a $7 million verdict against an Atlanta builder for what the townhome owners said was inferior work. The Post and Courier of Charleston reported a jury returned the verdict for the …

RRS to Address Auto Coverage Gap Through Xpress Autoguard Program

Reliance Risk Solutions (RRS), the high net worth personal insurance division of Appalachian Underwriters, has developed a new program to address the coverage gap for many personal and commercial automobile policies with regard to physical damage loss settlement. RRS’s Xpress …

Anthem Not Giving Up on Merger with Cigna Even If Cigna Is

Anthem Inc. on Wednesday won a temporary restraining order that blocks smaller rival Cigna Corp. from officially terminating their proposed $54 billion merger, a transaction already rejected by U.S. antitrust regulators. Judge Travis Laster of Delaware’s Court of Chancery granted …

Trump Labor Chief Nominee Puzder Loses Republican Support, Withdraws

In a blow to President Donald Trump as he tries to assemble his administration, his nominee for labor secretary, Andrew Puzder, withdrew his name from consideration on Wednesday amid concerns that he could not garner enough Senate votes to be …

CoreLogic: $13.3B in Reconstruction at Risk in Northern California Dam Failure

Roughly 50,047 single- and multi-family residential homes could be damaged with an estimated reconstruction cost value of $13.3 billion if the Oroville Dam in California were to fail completely, according to new data analysis from CoreLogic that included the six …

Wraight, New Director of Academy of Insurance, Focuses on Learning Customers’ Needs

Patrick Wraight has been named the director of the Insurance Journal Academy of Insurance, a leading property/casualty insurance learning center that is part of the Wells Media Group. Wraight, an Army veteran, comes to the Academy with more than 12 …

Report: California’s Central Coast Accounting for More of State’s Comp Claims

California’s Central Coast has been accounting for more of the state’s workers’ compensation claims recently, a new report issued today shows. The California Workers’ Compensation Institute has issued a new Regional Score Card, the sixth in its research series that …

North Carolina Appoints Taylor Assistant Fire Marshal

The North Carolina Department of Insurance has appointed Brian Taylor as Assistant Fire Marshal for the North Carolina Office of State Fire Marshal, according to an announcement from Insurance Commissioner and State Fire Marshal Mike Causey. Taylor has been Fire …

Lance Armstrong Loses Bid to Stop $100M Federal lawsuit

A federal judge has refused to block the government’s $100 million lawsuit against Lance Armstrong, putting the former cyclist on course for trial in a 2010 case stemming from his performance-enhancing drug use. The lawsuit was filed by Armstrong’s former …