Monthly Archives: <span>January 2018</span>

Tennessee Gov Proposes $30M Plan to Fight State Opioid Epidemic

Gov. Bill Haslam touted a $30 million plan Monday that focuses on prevention, treatment and law enforcement to attack an opioid epidemic that kills at least three people a day in Tennessee. The Republican governor released details of the `TN …

Five Bodies Recovered After Oklahoma Oil Well Explodes

The bodies of five people killed in an Oklahoma oil well explosion were recovered on Tuesday afternoon in a building adjacent to the drilling site outside of Quinton, Oklahoma, Pittsburg County Sheriff Chris Morris said at a briefing. The bodies …

Oklahoma Insurance Commissioner Tapped to Chair Antifraud Task Force

Oklahoma Insurance Commissioner John D. Doak has been named chair of the National Association of Insurance Commissioners’ (NAIC) Antifraud (D) Task Force. He also was named to the International Insurance Relations (G) Committee, Executive (EX) Committee and Property and Casualty …

Winkley Joins Texas Security General Insurance Agency as VP

Texas Security General Insurance Agency LLC (TSGA) in San Antonio, Texas, has added David A. Winkley as vice president of Commercial Lines. A former business owner, Winkley has industry experience in retail production, wholesale underwriting and marketing. A managing general …

Prospect General Offering Admitted Residential Flood Product in Illinois

Prospect General Insurance Agency (Prospect General) has launched its admitted residential flood insurance product, Flood Guard, in Illinois. Written through Palomar Specialty Insurance Co., Flood Guard provides residential flood coverage as an alternative to the National Flood Insurance Program (NFIP). …

Groszek Joins Alliant’s ProQuest Division in Chicago

Longtime attorney and claims specialist Jennifer Groszek has joined the ProQuest division of Alliant as vice president, claims advocate lead, where she will provide risk management, consulting, and claims management and resolution services to a broad array of clients across …

Risk Strategies Acquires Ohio’s Benefits Network Insurance Agency

Risk Strategies Co., a privately held national insurance brokerage and risk management firm, has acquired Benefits Network Insurance Agency (BNIA), a specialist brokerage focused on the development of employee benefits plans. Terms of the deal were not disclosed. Headquartered in …

Iowa Hospitality Industry Seeks Dram Insurance Law Changes

The Iowa Restaurant Association reported it is asking state lawmakers to pass dram insurance reform that would make it possible for restaurant and tavern operators to secure better policies to help compensate innocent victims if an intoxicated person causes harm …

WPP’s CEO Provides Insights from His Advertising Firm’s Cyber Attack

Top executives rarely spill the beans in public when their companies are hacked. WPP Plc’s Chief Executive Officer Martin Sorrell, at a Bloomberg event Wednesday in Davos, provided extensive insight into the cyber attack targeting the London-based advertising company in …

Insured Natural Disaster Losses in 2017 Were 38% of Economic Costs of $353B: Aon

Insured losses for last year’s 330 natural catastrophes reached US$134 billion, or 38 percent of their economic price tag of $353 billion, according to a report published by Impact Forecasting, Aon Benfield’s catastrophe model development team. The overall economic, or …