Monthly Archives: <span>August 2019</span>

Captain of Ferry that Ran Aground in Boston Harbor Off Job Pending Drug Test

The captain of a commuter ferry that ran aground in Boston Harbor has been placed on leave pending drug test results. The Boston Globe reported Saturday that the captain was taken off the job pending the test, which is routine …

Everest Insurance Adds Three Members in Pennsylvania, New York

Everest Insurance has added three members to the Financial Lines Private Company/Not‐For‐Profit group. This group provides management liability insurance for private and not‐for‐profit companies of all sizes and industries. Michelle Bockin has joined Everest Insurance as a director, managing all …

The Connecticut Interlocal Risk Management Agency Hires Dion, Martin

The Connecticut Interlocal Risk Management Agency (CIRMA) has hired Ellen Dion as chief financial officer (CFO). Dion has property and casualty insurance industry expertise spanning more than 25 years and will oversee budget preparation and administration, financial planning and operations, …

Alliant Adds Shaffer to Its Mid-Atlantic Team as Senior Vice President

Alliant has added John Shaffer III to its Mid-Atlantic team. The Bethesda, Md.-based property and casualty specialist will serve as senior vice president, designing and delivering a range of insurance and risk management services to clients throughout the region as …

Broker Not Liable for Late Notice that Cost Illinois Client $1.34M

An Illinois construction company that waited six years to inform its excess insurer that it had been sued cannot expect coverage from that carrier, and it can’t go after the insurance brokerage that sold it the policy either, a federal …

Bridge Span Near Florida-Georgia Line Collapses, Causes 2 Accidents

Authorities say two motorists have been injured when their cars went airborne over a collapsed bridge span near the Florida-Georgia Line. Officials closed a short stretch of Hutchinson Ferry Road northwest of Tallahassee on Wednesday morning because of the gap …

Trump Administration Appoints Aviation Safety Advisory Panel

U.S. Transportation Secretary Elaine Chao on Thursday named 22 people to a new panel that will advise the department on aviation safety oversight and certification programs as the Federal Aviation Administration continues to grapple with the fallout from two fatal …

For Many U.S. Communities, There’s No Easy Path to Safety From Disasters

As the country enters peak season for major natural disasters, new research indicates which states and communities are the riskiest for those needing to evacuate whether from wildfires or hurricanes. StreetLight Data Inc., a company that collects and analyzes data …

Early Claims and Crash Tests Suggest Risks of Luxury, SUV Electric Vehicles

Electric luxury cars and sport utility vehicles (SUVs) may be 40% more likely to cause accidents than their standard engine counterparts, possibly because drivers are still getting used to their quick acceleration, French insurer AXA said. The numbers, based on …

Wells Fargo Settles Navajo Nation Claims Over Fake Accounts for $6.5 Million

Wells Fargo & Co. will pay the Navajo Nation $6.5 million to settle a lawsuit over “predatory and unlawful practices” by the bank, the Native American tribe said on Thursday. The Navajo Nation sued Wells Fargo in federal and tribal …