Monthly Archives: <span>February 2020</span>

Judge Refuses to Dismiss Corruption Case Against North Carolina Insurance Magnate

A federal judge refused to dismiss conspiracy and bribery counts against a North Carolina insurance magnate and two associates, allowing the case to move toward a February trial. Lawyers for Greg E. Lindberg, John Gray and John Palermo had argued …

Sipe Promoted to Property/Casualty Sr. VP at Ohio’s Great American Insurance

Cincinnati, Ohio-based Great American Insurance Group has promoted Carol Sipe to senior vice president within its Property/Casualty Group. Since 2009, Sipe has served as president of Summit, a provider of workers’ compensation insurance coverage in the southeastern United States. She …

Hilltop Holdings Selling Texas’ National Lloyds Corp. to Align Financial

Dallas-based Hilltop Holdings Inc. and Align Financial Holdings LLC have entered into a definitive agreement for the sale of Hilltop subsidiary, National Lloyds Corp. (National Lloyds), to Align in an all-cash transaction valued at approximately $150 million, subject to post-closing …

2nd Worker Injured in Texas Oil Well Blowout Dies

A second worker has died of injuries from a Central Texas oil well blowout, the company said. Chesapeake Energy spokesman Gordon Pennoyer said the worker died Thursday evening at a hospital. Another worker was killed in Wednesday’s blowout at a …

Kansas Company to Pay $1M Fine After Pleading Guilty in Chemical Cloud Case

A Kansas company pleaded guilty Friday to violating clean air rules and is expected to pay a $1 million fine for its role in a chemical gas cloud that formed over Atchison in 2016, causing more than 140 people to …

Nebraska to Get $109M in Federal Flood Relief Funds

The U.S. Department of Housing and Urban Development has allocated nearly $109 million in federal funds in the aftermath of last year’s devastating historic floods, a news release from the agency said. The Community Development Block Grant Disaster Recovery funds …

Electrical Spark Likely Caused Deadly Houston Blast, ATF Says

An electrical spark likely ignited a gas leak that led to a massive explosion in Houston last week, killing two workers, injuring 20 others and damaging hundreds of buildings, law enforcement officials said. Highly flammable propylene gas started leaking in …

Energy/Marine Insurance Broker Dimitry Joins Higginbotham in Houston

Ted Dimitry, a commercial property/casualty insurance broker specializing in the oil and gas industry for 23 years, has joined Higginbotham’s Houston office as its energy and marine practice leader. Dimitry brings experience managing staffs of more than 15 employees producing, …

Michigan School District to Reinstate Employee, Pay $102.9K in Whistleblower Case

A school district in Michigan has been ordered to reinstate one employee and pay a total of $102,905.78 in back wages, damages and other compensation in a whistleblower case. The U.S. Department of Labor’s Occupational Safety and Health Administration (OSHA) …

Top 5 Trends in Changing Personal Umbrella Market That Agents Need to Know

The personal umbrella market had been steady for many years, with lots of choices available in the market when it came to finding the right coverage for customers. However, recent changes are turning the market upside down and creating additional …