News

Japan Firms Have Done Little to Build Resilience Against Increasing Floods: Reuters Poll

Japanese companies have contingency plans for the floods that increasingly drench this island nation, but most have done little to fortify facilities, relying instead on insurance and securing alternative supply sources, a Reuters poll found. Japanese have long been conditioned …

2019 Floods Brought Financial Woes to South Dakota Townships

Townships in South Dakota are facing economic difficulties as 2019 flood repair costs mount. Townships primarily depend on their taxpayers for funds to repair more than 31,000 miles (50,000 kilometers) of roads while they wait for reimbursements from the Federal …

Oklahoma Oil Rig Explosion Wrongful Death Trial Begins in Oklahoma

The wrongful death trial against a oilfield equipment contractor in connection with a January 2018 explosion and fire that killed five men in southeastern Oklahoma is underway. The McAlester News-Capital reports that attorneys for the families of Parker Waldridge of …

With Focus on Iowa, MIAA Hires Wright, Siegfried

The Midwest Insurance Agency Alliance (MIAA), a regional insurance agency network based in Lincoln, Nebraska, has added support Jamie Wright and Rebekah Siegfried to support the organization’s continued growth in Iowa. Wright has joined MIAA as regional vice president for …

Catapult Insurance Promotes King, Adds Fisher to Executive Team in Dallas

Catapult Insurance Solutions, a privately held managing general insurance agency and wholesale brokerage based in Dallas, has promoted Becky King to vice president of Underwriting and product manager, and added Steve Fisher as vice president of Business Development. King has …

Reuters Report: How Secrecy in Courts Stymies Safety Regulators

LEBANON, Ohio — Something wasn’t right with the Rhino. Reports started trickling in to the Consumer Product Safety Commission (CPSC) in 2005 of people being killed or injured in the Yamaha Motor Co. off-road vehicles when they tipped over. But …

Coastal Insurance Underwriters Acquires Assets of Florida Tech Company Cybercom

Coastal Insurance Underwriters, Inc., a Ponte Vedra Beach Florida based MGU and program administrator, acquired the assets of Cybercom International Corp. on Jan. 2, 2020. Cybercom International Corporation, Inc. (CIC) was established in 1997 as a custom software development company …

Ceron Named BMS Latin America & Caribbean COO in Miami

BMS Group, an independent specialist reinsurance broker, has appointed of Alejandro Ceron as BMS Latin America & Caribbean chief operating officer, effective immediately. Ceron will be based in Miami and reports to Jose Astorqui, CEO of BMS Latin America & …

Labor Dept Rules Tennessee Utility Illegally Fired Whistleblower

The U.S. Department of Labor has ruled in favor of a nuclear engineer who says the Tennessee Valley Authority fired her in retaliation for reporting safety and personnel concerns. The Labor Department is ordering the utility to restore Beth Wetzel’s …

Newspaper Says Chemicals Found in Drinking Water Near South Carolina Air Base

A newspaper says it found high levels of a toxic chemical in the drinking water near one of South Carolina’s largest military bases. The Post and Courier paid University of Rhode Island researchers to examine tap water at the Crescent …

News Archives by Month