Monthly Archives: <span>June 2021</span>

California Wildfires Burning in Coastal And Sierra Wilderness

California wildfires were burning in tinder dry vegetation in rugged central coast mountains and near an Eastern Sierra trailhead where hikers begin treks to the summit of Mount Whitney. More than 500 firefighters were battling the Willow Fire, which has …

Burns & Wilcox Purchases Morehead City, North Carolina Office Building

Burns & Wilcox announced the purchase of an office building located in Morehead City, North Carolina at 800 Arendell. The newly acquired building is already the home of the company’s Morehead City-based team. Formerly owned by Wells Fargo Bank, the …

Claudette Heads to Sea Leaving Wake of Damage Across Southeast

Claudette regained tropical storm status and headed out to sea from the North Carolina coast Monday, less than two days after the system killed 14 people in Alabama, including nine children who died in a highway crash. Eight of the …

Wisconsin Legislation Targets Milk, Meat, Dairy Labeling

Vegetarian and vegan foods sold in Wisconsin could not be labeled as meat, milk or dairy if they don’t contain those products, under bills up for votes in the state Assembly. The “truth in labeling” measures are supported by the …

EY and Germany’s Finance Minister Blamed for Oversight Failings in Wirecard Collapse

BERLIN – German lawmakers presenting a report Tuesday into the collapse of the payment processing company Wirecard accused the country’s finance minister and auditors Ernst & Young of numerous oversight failings. Wirecard filed for protection from creditors through insolvency proceedings …

NWS: Suburban Chicago Tornado Had 140 mph Winds

A tornado that swept through Chicago’s western suburbs, damaging more than 100 homes and injuring several people, was packing 140 mph winds when it hit the heavily populated area, the National Weather Service said. A weather service team that surveyed …

FEMA: Orange County, Texas, Flood Maps Finalized

FEMA says new flood maps for Orange County, Texas, have been finalized and become effective Dec. 16, 2021. Residents are encouraged to examine the maps to determine if they are in a low-to-moderate- or high-risk flood zone. During the next …

Insurors Indemnity Ratings Unchanged by Colonial Lloyds Announcement: AM Best

AM Best says the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) of Insurors Indemnity Companies (Insurors Indemnity), based Waco, Texas, remain unchanged following the recent announcement that the company plans to purchase …

Fatal Florida Gay Pride Parade Crash Now Seen as Unintentional

A member of a men’s chorus group unintentionally slammed into fellow chorists at the start of a Pride parade in South Florida, killing one member of the group and seriously injuring another, the group’s director said Sunday, correcting initial speculation …

People Moves: Willis Re’s Loggie to TigerRisk; Aon’s Lee to Lockton Re; Wakam’s Mebarki to Miller

These international People Moves detail appointments at three insurance brokers: TigerRisk Partners, Lockton Re and Miller. A summary of these new hires follows here. TigerRisk Partners LLC, the Stamford, Conn.-based global insurance and reinsurance broker, announced it will appoint James …