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

New Louisiana Law Allows Insurance Agencies to Employ Convicted Felons

A law that goes into effect today in Louisiana allows insurance producers to employ convicted felons if the producer obtains permission or consent in writing from the state insurance commissioner. The Louisiana Department of Insurance reports that before the new …

Munich Re Specialty Names Hennessy to Lead U.S. Expansion

Munich Re Specialty Group Ltd. (MRSG) of London is expanding its underwriting platform in North America and has tapped John Hennessy to lead the initiative. Hennessy was named president and chief executive officer of MRSG subsidiary of Roanoke Group Inc. …

TWIA Board OKs Additional $106.8M Insurer Assessment for Harvey Losses

The Texas Windstorm Insurance Association (TWIA) board has unanimously approved an additional Class 1 member assessment of $106.8 million for Hurricane Harvey losses, the Insurance Council of Texas (ICT) reported. The newly approved assessment follows the $175 million assessment OK’d …

Huffman Insurance Group in Missouri Adds Neal

Huffman Insurance Group, based in Moberly, Missouri, recently hired Sheri Neal as its new customer service representative (CSR). In this position, Neal will handle the collection, processing, and distribution of all agency information. She will assist with account retention, as …

Ohio Chipotle Restaurant Reopens Following Customer Illnesses

Chipotle Mexican Grill Inc. reopened a restaurant in Ohio on Tuesday that was temporarily closed after customers reported getting sick. The restaurant, located in the city of Powell, was voluntarily closed for cleaning on Monday after local health officials and …

Alliant Names Arthur J. Gallagher’s Oram Vice President in California

Alliant Insurance Services Inc. has named Andrew Oram vice president in its employee benefits group. He will be based in San Diego, Calif. He was previously a benefits consultant with Arthur J. Gallagher. Newport Beach, Calif.-based Alliant provides property/casualty, workers’ …

PG&E in California Calls in Debt Restructuring Lawyers

PG&E Corp. has hired law firm Weil, Gotshal & Manges LLP to explore debt restructuring options, people familiar with the matter said on Tuesday, as California’s biggest utility grapples with liabilities stemming from last year’s wildfires in the state that …

Five Vermont Counties Get Disaster Declarations for May Storms

President Donald Trump has approved a disaster declaration for five Vermont counties that were damaged during severe storms in early May. Republican Gov. Phil Scott says that a preliminary damage assessment by the Federal Emergency Management Agency identified almost $1.3 …

Two More Women Sue New Jersey University Over Alleged Rapes

Two more women have filed federal lawsuits alleging that a New Jersey university is partly to blame for sexual assaults after they say school officials turned a blind eye to an unsanctioned fraternity known for underage drinking and sexual misconduct. …

Massachusetts Lawmakers Approve Rental, Voter, Climate Bills as Deadline Looms

The Massachusetts Legislature gave final approval Monday to a bill that would tax and regulate short-term rentals, including those offered by Airbnb and other online platforms. After weeks of negotiations, House and Senate lawmakers reached agreement on the compromise bill …