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

Residents Near Tennessee Coal Plant Ask State to Test Falling Particles

Some residents living near a coal-fired power plant in Tennessee have asked the state to investigate unidentified particles they say are coating their homes. The Knoxville News Sentinel reports the fine particles have fallen from the sky onto cars, driveways …

Chair of Iowa Insurance Pool Defends Out of State Resort Meetings

The chairman of an Iowa government insurance program is defending its long practice of holding public meetings at resorts in Michigan and Florida and private clubs in Iowa. Jody Smith, board chairman of the Iowa Communities Assurance Pool since 1992, …

Gulf Coast Seafood Biz Slammed by Freshwater from This Year’s Floods

Fresh water from Midwestern floods has killed oysters along the coasts of three states and cost Mississippi half of its blue crabs. Water that came through a Louisiana spillway killed 95% of the oysters in Mississippi’s share of the Mississippi …

North Carolina Insurance Donor Wants Political Bribery Case Dropped

Lawyers for the North Carolina insurance magnate charged with trying to bribe the state’s top insurance regulator say the case should be dismissed because he claims he was exercising his right to support elected officials who were responsive to constituents. …

Widespread Damage, Five Deaths in Texas Linked to Imelda

The widespread damage brought to the Houston area by one of the wettest tropical cyclones in U.S. history came into broader view Saturday, as floodwaters receded to reveal the exhausting cleanup effort that lies ahead for many communities and homeowners. …

More Than 60 Rescued from Flooding after Heavy Rains in Alabama

Mobile, Ala., firefighters staged more than 60 water rescues after heavy rains prompted flooding across the city. Storms that dumped more than 7 inches of rain across Mobile in a few hours left streets and parking lots covered with water …

Michigan Classic Auto Insurer, Hagerty, Driving Into the Future

Traverse City, Michigan-based Hagerty is evolving to adapt to a changing automotive world. “Our mission as a business is to save driving and car culture for future generations,” said McKeel Hagerty, CEO. “We’re not just in the insurance business. We …

Ohio Workers’ Comp Bureau Plans $1.5B in Employer Dividends

Ohio’s insurance fund for injured workers tells employers to watch their mailboxes as it prepares to send out dividend checks totaling around $1.5 billion. The Ohio Bureau of Workers’ Compensation says strong investment returns, fewer injury claims and agency cost …

Watchdog Asks California Attorney General to Investigate Insurance Commissioner

Consumer Watchdog has written California Attorney General Xavier Becerra and the District Attorneys of Sacramento, San Francisco, and Los Angeles counties, calling for an investigation of money laundering and bribery relating to the fundraising scandal engulfing California Insurance Commissioner Ricardo …

CAC Specialty Names Former Aon, JLT Specialty Executive Rice as CEO

Newly-launched specialty insurance broker CAC Specialty announced the appointment of Michael D. Rice II as its chief executive officer. Rice brings years of experience in the brokerage industry. Most recently, he served as the founding CEO and executive chairman of …