News

Southern California Bride Tied up in Insurance Fraud Scheme

Vermyttya Miller, 37, of Santa Clarita, Calif., was sentenced this week to five years in county jail and ordered to pay $22,500 in restitution after pleading no contest to one count of felony insurance fraud for a wedding fraud scheme. …

Two Oregon Firms Sue Pipeline Company Over 2016 Explosion

Two businesses whose Northwest Portland, Ore. storefronts were destroyed by a 2016 gas explosion have filed new lawsuits against the company that was digging at the time. The Oregonian/OregonLive reports Portland Bagelworks owners Kim and Rik Bartel are suing Loy …

United Valley Insurance Services in California Adds Alanis

United Valley Insurance Services Inc. in California has named Nichole Alanis a member relations specialist. Alanis is focused on assisting members and vendors with on-boarding and training. Nichole previously worked as an underwriting support representative at Employers, where she spent …

Burns & Wilcox Names Ornelas Associate Vice President in Los Angeles

Burns & Wilcox has named Sylvia Ornelas associate vice president in addition to her current role as director, personal insurance, in the Los Angeles, Calif., office. Burns & Wilcox also promoted John Heaner to associate managing director from underwriting manager, …

Probe Finds Intercontinental Terminals Fire Near Houston Began with Broken Manifold

A March fire at a petrochemical terminal that spread a blanket of black smoke across Houston began when part of a manifold, which includes a pump and motor, on one storage tank broke, according to a report by local and …

Corbett, Stalvey Appointed to New Roles to Further Grow Tennessee Captive Market

Tennessee Department of Commerce & Insurance (TDCI) Commissioner Hodgen Mainda has named two longtime Tennessee captive insurance experts to new roles in the department. Michael Corbett has been named to the newly created director of Business Development position for TDCI’s …

Burns & Wilcox Promotes Heaner in Florida

Burns & Wilcox has promoted John Heaner to associate managing director from underwriting manager, commercial insurance. Heaner is based in the Burns & Wilcox Tampa, Fla., office Heaner will oversee and manage day-to-day operations and team growth to support the …

Ping An’s OneConnect Raises $312 Million in Expanded U.S. IPO

China-based cloud fintech platform OneConnect Financial Technology Co. expanded its U.S. initial public offering to raise $312 million, partly reversing cuts to its share-sale plans disclosed one day ago. The company, one of several Ping An Insurance (Group) Co. businesses …

Shipping Industry and Insurers Face Uncertain New Fuel Risks and Rules

Faced with imminent new global marine pollution rules, shipping companies and insurers are puzzling over the risks. To reduce emissions of toxic sulfur that cause premature deaths, shipowners who have long relied on the dirtiest residues of oil extraction will …

Royal Caribbean Cruises Faces Potential Liability for New Zealand Volcano Deaths

Royal Caribbean Cruises Ltd.’s potential liability for a deadly excursion to a volcanic island in New Zealand could hinge on whether the eruption was an unforeseeable “act of God,” according to maritime lawyers. Cruise ship passengers were among the tourists …

News Archives by Month