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Martinez Joins Risk Consulting Practice in Chicago as Private Risk Practice Leader

Risk Consulting Partners (RCP) has added Amanda Martinez as Private Risk Practice leader, based in Chicago. Martinez brings more than 10 years’ experience to RCP in the private client property and casualty space. She joins the firm from Marsh USA, …

Herrera Appointed Director of Operations at Texas Surplus Lines Stamping Office

The Surplus Lines Stamping Office of Texas (SLTX) has named Cheyenne Herrera director of Operations. Herrera originally joined SLTX in 1998 as a data entry clerk. She oversaw the implementation of the Electronic Filing System (EFS) beginning in 2003 and …

Texas Insurance Industry, Local Police Team Up for Vehicle Crime Prevention

Auto burglaries and thefts affect over 250,000 motorists each year in Texas resulting in more than $1 billion in losses according to the Motor Vehicle Crime Prevention Authority (MVPCA). Now through a program sponsored by the Insurance Council of Texas, …

Undisclosed Settlement Reached Over Deadly Hawaii High-Rise Fire

Plaintiffs and defendants reached a settlement over a deadly Honolulu high-rise fire, although the amounts to be paid by insurance companies remains confidential, attorneys said. A settlement conference concluded Tuesday regarding the July 2017 Marco Polo building fire that killed …

California School District Paying $28M After Boy Hit By Car

A Southern California school district will pay $28.5 million in damages after a boy with special needs was hit by a car and severely injured while under the supervision of school personnel, attorneys said. A judge determined the Victor Elementary …

New NTSB Report in Fatal Crash in Arizona Involving Autonomous Vehicle

A new federal report into last year’s fatal crash involving a self-driving car in suburban Phoenix says the Uber vehicle couldn’t anticipate the actions of jaywalkers. The National Transportation Safety Board report also says the SUV wasn’t designed to slam …

PG&E Expecting over $6B in Costs from California Wildfire

Pacific Gas & Electric is reporting substantial losses for the third quarter, driven by catastrophic wildfires that have been blamed on the utility’s outdated transmission lines. The company anticipates those costs could escalate to as much as $6.3 billion. PG&E …

Hub International Buys Canada Employee Benefit Consultant, W.R. Carey Corp.

Hub International Ltd., a Chicago-based insurance broker, announced it has acquired the assets of W.R. Carey Corp. Terms of the transaction were not disclosed. Located in Winnipeg, Manitoba, Canada, Carey Corp. is an independent employee benefits consulting firm providing a …

Typhoon Hagibis to Cost Japan’s Economy $10B, with Insured Losses in Billions: Aon

Typhoon Hagibis is likely to become one of 2019’s costliest events, with economic costs of more than US$10 billion and insured losses minimally in the billions, according to Aon’s monthly catastrophe report. The storm made landfall in Japan’s Iza Peninsula …

Element Risk Management Acquires Three Insurance Agencies in Virginia, Pennsylvania

Element Risk Management has acquired three new insurance agencies in Virginia and Pennsylvania. Barnes & Phillips Insurance & Financial Services of Woodstock, Va., Crawford Insurance Company of Strasburg, Va., and Brenner Insurance in Hollidaysburg, Penn., are now part of the …

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