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

Calexit Supporters End 2018 Bid for California Independence

Supporters of a long-shot bid to make California an independent nation have ended their effort to put it to a statewide vote next year, despite the extra interest it drew after last year’s election of Republican Donald Trump as president. …

California Awards Contractor $275M Contract to Fix Troubled Dam

California water officials say they have awarded a contract to repair Oroville Dam’s two damaged spillways to a Nebraska construction company. The Department of Water Resources announced that Kiewit Corp. of Omaha was awarded a $275 million contract to repair …

Reports Describe How Pennsylvania Firefighter Died, Oxygen Hose Burned

Investigators say a Philadelphia, Penn., firefighter died because a hose supplying her with oxygen had burned through and they found problems with how her colleagues responded to her seven emergency distress signals. The fire department and the National Institute for …

Total Cost of Risk Drops for 3rd Year: RIMS Benchmark

Despite rising uncertainty and increasingly more complex risk profiles, businesses saw a decline in the total cost of risk (TCOR) for the third year in a row, according to the 2017 RIMS Benchmark Survey. The Benchmark Survey, produced with Advisen, …

Allianz Expands North American Crisis Management Team

Specialist corporate insurer Allianz Global Corporate & Specialty (AGCS) announced several personnel appointments to its North American Crisis Management Team. Alex Pittignano has been named executive underwriter, and both Randy Esposito and Jillian Shelby have joined as underwriting specialists. All …

Maryland Insurance Commissioner Named to Board of Directors of the NIPR

The National Association of Insurance Commissioners (NAIC) announced that its Executive Committee recently selected Maryland Insurance Commissioner, Al Redmer, Jr., as a board member for its non-profit affiliate, the National Insurance Producer Registry (NIPR). The NAIC is the U.S. standard-setting …

Connecticut’s Business Risk Partners Hires Stein and Rathore

Specialty underwriter and program administrator Business Risk Partners (BRP), headquartered in Windsor, Conn., has added two new members to its Professional Liability (E&O) and Operations team. Jennifer Stein was named professional liability underwriter for the firm’s insurance agents and brokers …

Insured Damage for Southern Ontario Windstorm Estimated at US$73.4M

A windstorm that hit parts of southern Ontario on March 8, 2017 has caused almost C$100 million (US$73.4 million) in insured damage, according to the Insurance Bureau of Canada (IBC), which quoted a report from Catastrophe Indices and Quantification Inc. …

New Jersey’s World Insurance Associates Merges with Mark Lauria Associates

World Insurance Associates LLC, an independent insurance agency headquartered in Tinton Falls, N.J., has merged with Mark Lauria Associates Inc., an independent insurance agency with offices in Staten Island, N.Y. and Red Bank, N.J. The transaction went into effect April …

6 Checkpoints Before You Have a Difficult Conversation

I’ve been on both sides of the desk, having a conversation that neither of us wanted to have. I’ve been the leader who needed to address an issue and I’ve been the person that has the issue that needs to …