Daily Archives: <span>March 6, 2018</span>

Damage Reported After 4.2 Magnitude Earthquakes in Oklahoma

Busted bricks and cracked windows were revealed Monday after some of those most powerful earthquakes in Oklahoma in the past year rattled the northern part of the state. Oklahoma residents have gotten used to feeling rumbles from a spike in …

Kansas Governor Issues Wildfire Disaster Declaration

Forecasters are warning of a high risk of wildfires after one blaze burned 10,000 hay bales in the southwest part of the state. Kansas Gov. Jeff Colyer signed an emergency disaster declaration Sunday when the large bales burned a half …

Bowermaster and Associates in California Names Adam Bowermaster President

Cypress, Calif.-based Bowermaster and Associates Insurance Agency Inc. has named Adam Bowermaster president. Bowermaster has more than 20 years of experience. Mike Bowermaster, the firm’s previous president, will continue to serve as a mentor and advisor to Adam and the …

California OKs New Private Flood Insurance Product

California Insurance Commissioner Dave Jones has approved a new private flood insurance product The residential product, which Jones announced the approval of on Tuesday, is provided by American National Property and Casualty Co. The new entry into the private flood …

Residents in Florida Retirement Community Still Evacuated by 6 Sinkholes

Six apparent sinkholes in Florida have made at least two homes unsafe to occupy. The Ocala Star-Banner reports that the houses in The Villages were evacuated and condemned Feb. 15 after multiple holes emerged between them, cracking the walls of …

Lockton Benefit Group Adds Kirschbaum in St. Louis

Lockton Benefit Group (LBG) has added Jay M. Kirschbaum to its Compliance Services team. He is based in St. Louis, Missouri. Kirschbaum has more than 30 years of experience as a tax attorney specializing in employee benefits. Previously he led …

North Dakota’s NI Holdings Announces $10M Stock Repurchase Plan

North Dakota-based insurance holding company, NI Holdings Inc. announced its board of directors has authorized a repurchase of up to approximately $10 million of the company’s outstanding common stock. The company said the authorization supports its planned approach to capital …

Texas Agencies TCOR, Legacy, MS&B Merge

New Braunfels, Texas-based TCOR Management announced a merger with Legacy Insurors Group LLC, and MS&B Bonds and Insurance Services LLC, effective March 1. The operations of these two entities will continue under TCOR management. Rowdy Nutt, previous principal of Legacy, …

In a Switch, Live Operator Answers Phones at Oklahoma Work Comp Commission

The Oklahoma Workers’ Compensation Commission (WCC) has replaced its automated answering service with a live operator during normal hours of operations. Announcing the switch, Commissioner Mark Liotta stated he finds “it extremely frustrating to call my government and be met …

CEO of Ohio’s Loan Protector Insurance Services Buys Back Firm

The CEO and managing partner of Solon, Ohio-based Loan Protector Insurance Services has purchased the company from insurance brokerage Willis Towers Watson. The buyout by Dennis Swit was financed by InsurBanc. The 150-employee business was acquired by Willis Towers Watson …