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

Florida Mosque Arsonist Sentenced to 30 Years

An ex-convict who posted anti-Islamic rants online pleaded no contest and was sentenced to 30 years in prison on Monday for setting fire to a mosque that the Orlando nightclub shooter attended occasionally. Joseph Schreiber, dressed in a burnt orange …

North Carolina Coal Ash Pit Neighbors Told to Waive Claims to be Compensated

Neighbors living near Duke Energy Corp’s coal ash pits in North Carolina are being told they have to give up the option of suing over any future water problems if they want extra compensation from the utility. The country’s largest …

New Venture Capital Firm Looking for Insurtech Startups

The insurance industry has a new venture capital firm looking to make early to growth-stage investments in innovative insurance technologies. David Miles, a 30-year insurance investment veteran and owner of the insurance carrier asset management firm Miles Capital, and Matt …

Arthur J. Gallagher Acquires Lewis & Associates in California

Arthur J. Gallagher & Co. has acquired Lewis & Associates Insurance Brokers Inc. in Visalia, Calif. Terms of the deal were not disclosed. James Smallwood, Kevin Veitia and their associates will continue to operate from their current location under the …

Top 10 Employment Discrimination Claims in 2016

The U.S. Equal Employment Opportunity Commission (EEOC) said it resolved 97,443 charges of employment discrimination in fiscal year 2016 and secured more than $482 million for victims of discrimination in private, federal and state and local government workplaces. Charges of …

EPA: East Chicago Residents Should Assume Lead Water Lines, Use Filter

Federal officials say all East Chicago residents should assume they have lead water lines and use a properly certified filter. U.S. Environmental Protection Agency scientist Miguel Del Toral repeated the recommendation on Feb. 3 after initially making it last month …

Melania Trump’s $150 Million Libel Suit Claims Lost Business Opportunities

First Lady Melania Trump is suing a British newspaper, saying a defamatory article it later retracted deprived her of the chance to launch a lucrative brand of clothing, shoes, jewelry and perfume. The $150 million suit against the publisher of …

Pennsylvania’s Henderson Brothers Hires Taggart to Employee Benefits Department

Henderson Brothers Inc., a Pittsburgh, Penn., based independent broker, has hired Jeremy Taggart as a financial analyst in the employee benefits department. In his new role, Taggart will use his three years of industry experience to help clients better understand …

Aon Benfield Names Goodman as Global Head of Broking Strategies

Aon Benfield, the reinsurance intermediary and capital adviser of Aon plc, has appointed Jeremy Goodman as global head of Broking Strategies. Goodman begins the role with immediate effect and reports to Eric Andersen, chief executive officer of Aon Benfield. Based …

RSA Insurance Disposes of £834M ($1B) of UK Legacy Liabilities with Enstar

RSA Insurance announced it has signed contracts, to dispose £834 million (US$1.04 billion) of UK employers’ liability legacy business to Enstar Group Ltd. The transaction initially takes the form of reinsurance (a 100 percent quota share policy) to be effective …