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PCI: Majority of Texans Not Prepared for Hurricane Season

A large majority of Texas residents are not taking necessary steps to protect their property this hurricane season despite the aftermath of Hurricane Harvey, according to a new poll conducted online by SurveyMonkey on behalf of the Property Casualty Insurers …

New AIR Reinsurance Cat Modeling Software Estimates Insurer Loss Potential

Catastrophe risk modeling firm AIR Worldwide announced that it has released Touchstone Re, a new catastrophe modeling software application designed for estimating the loss potential of reinsurance contracts and portfolios, industry loss warranties, and insurance-linked securities. AIR Worldwide said Touchstone …

Ohio Manufacturer Faces $331K in Fines for Excessive Noise, Other Workplace Hazards

The U.S. Department of Labor’s Occupational Safety and Health Administration (OSHA) has cited Polystar Inc. – doing business as Polystar Containment – for exposing employees to excessive noise after 12 employees’ audiograms indicated mild to moderate hearing loss at its …

Seeman Holtz Acquires Wisconsin’s Asenbrenner Insurance Agency

Seeman Holtz Property & Casualty Inc. has acquired Asenbrenner Insurance Agency Inc., headquartered in Shawano, Wisconsin. Asenbrenner Insurance Agency has been serving the state of Wisconsin for almost three decades. Led by John Asenbrenner, the agency offers personal and commercial …

Hub International Acquires The Ward Agency in Texas

Hub International Limited (Hub) has acquired the assets of Texas-based The Ward Agency (Ward Agency). Terms of the acquisition were not disclosed. Headquartered in Longview, Texas with an office in Tyler, Texas, Ward Agency provides comprehensive employee benefits, retirement plans, …

Agency Says Wisconsin Refinery Fire Caused by Blast Debris Hitting Tank

A federal agency says a massive refinery fire that forced the temporary evacuation of homes in the coastal Wisconsin city of Superior in April was caused by an explosion that sent debris hurtling into an asphalt storage tank. The U.S. …

Arkema NA, CEO Indicted in Texas for ‘Reckless’ Chemical Release

The North American subsidiary of a French chemical manufacturer and two senior staff members were indicted in connection with last year’s explosion at the Crosby, Texas, plant in the wake of Hurricane Harvey. Arkema North America, its CEO Richard Rowe …

Nevada’s 1st Year of Marijuana Sales Exceeds Highest Expectations

Nevada regulators and industry insiders say the state’s first year of broad marijuana legalization has exceeded even their highest expectations, with sales and tax collections already surpassing year-end projections by 25 percent. Numbers from June are still outstanding but are …

BNSF Settles Suit from Montana Derailment Agreeing to Pay $750K on Repairs

BNSF Railway has agreed to pay the U.S. government $200,000 and spend up to $750,000 on road repairs to settle claims that the company failed to pay for damages caused by a 2011 train derailment in northwestern Montana, government prosecutors …

Hawaii Officials Worry Earthquakes from Eruption Could Damage Roads

Officials on Hawaii’s Big Island, where the Kilauea volcano has been spewing huge amounts of lava for months, are bracing for the possibility that frequent earthquakes will cut off a major highway. Emergency officials dealing with the eruption are turning …

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