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Colemont Promotes Plourde to Broker

Colemont Insurance Brokers has promoted Tara Plourde to broker in the company’s Hartford, Connecticut office. She joined Colemont in 2008. Prior to Colemont, she was a commercial lines underwriter at a standard lines carrier. Tara specializes in casualty accounts, focusing …

Much of Haiti Damage Uninsured

The insurance industry is unlikely to face large losses from a major earthquake that struck Haiti Tuesday, because many properties in the impoverished country lack insurance coverage, according to catastrophe modeler Risk Management Solutions. “The impact to the insurance industry …

Former State Rep. Ausley, Democrat, to Run for Florida CFO Post

Former state Rep. Loranne Ausley is running for chief financial officer. Ausley is the only major Democrat now seeking the seat Alex Sink is giving up to run for governor. Ausley, 46, of Tallahassee served in the House for eight …

Tens of Thousands Feared Dead, Capital in Ruins From Haiti’s Catastrophic Quake

Traumatized Haitians slept out in parks and streets Thursday, fearing aftershocks to the catastrophic earthquake that flattened homes and government buildings and buried countless people. Tens of thousands of people were feared dead and many were believed to be still …

Acadia Expands Agribusiness Product Line

Maine-based insurer Acadia Insurance said it is now offering a complete range of bundled products for the agribusiness industry throughout New England and New York. Acadia’s agribusiness target markets include: horse, dairy, cattle, sheep, grain, hay, wheat, vegetable, tree and …

Companies Offer Aid for Haitians; Caribbean Risk Pool Pays $8M

Companies pledged millions of dollars in aid Wednesday to help victims of a powerful earthquake in Haiti that devastated much of the impoverished country’s capital and killed thousands. Digicel Group, a top mobile phone operator in Haiti, said it would …

Unusual Cold Spell Imperils Florida Crops, Homes

Here’s something you don’t often see in this town at the heart of the state’s $9 billion citrus industry: a sign at the public library that says, “ICE! On sidewalk. Be careful!” Growers were scrambling this week to assess damage …

Progressive Insurance Selects Michigan to Host $10M X-Prize Car Contest

The Progressive Insurance Automotive X PRIZE has chosen the state of Michigan to host a multi-stage competition that aims to pit some of the world’s most fuel efficient vehicles against one another in a quest to win their share of …

Connecticut Teen’s Death Revives Bus Seat Belt Debate

For more than a decade, Connecticut lawmakers have considered and dismissed the idea of requiring seat belts on school buses that carry nearly 500,000 children each day. But a deadly weekend crash in Hartford has given the argument a human …

Oregon Law Gives Consumers More Vehicle Information When Car is Totaled

The Oregon Department of Consumer and Business Services is reminding insurance agents and residents that they have new rights if their vehicle is totaled in an accident. New rights when your car is totaled House Bill 2190 took effect in …

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