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Widow of Worker Killed by Street Sweeper in New York Awarded $41.5M

The widow of a New York City Department of Sanitation worker killed by an out-of-control street sweeper won a $41.5 million negligence lawsuit. The New York Post reports that a Queens jury granted the sum to Bina Frosch on Tuesday …

New York’s Frenkel & Company Joins Forces with EPIC

Frenkel & Company, a New York, N.Y.-headquartered, full-service independent insurance broker, and EPIC Insurance Brokers & Consultants, a national retail insurance brokerage and employee benefits consulting firm, have joined forces. Frenkel & Company has been delivering strategic guidance and service …

Munich Re Expects Q3 Loss After Hurricane Claims of $3.2B

Munich Re expects claims of €2.7 billion ($3.2 billion) from Hurricanes Harvey, Irma and Maria, which will lead to a third quarter loss of €1.4 billion. The group said it expects a small profit for the full year, as long …

Best Areas in U.S. to Live to Avoid Natural Disasters

Tired of living with hurricanes, tornadoes or floods? Head to Portland, Salt Lake City or Providence. Or California. Yes, California. Portland, Oregon is the safest place to live to avoid hazardous weather; three of the other safest places are in …

New Online Weather Insurance Program Available from Abacus Insurance Brokers

Abacus Insurance Brokers, Inc., a Los Angeles-based program manager that distributes specialty insurance products online, has launched an online weather insurance program. The program provides weather insurance on a national basis through an “A” rated, admitted carrier. The offering includes …

Severe Weather in Carolinas Brings Tornadoes, Power Outages

A National Weather Service team confirmed Tuesday that two tornadoes touched down in South Carolina during an outbreak of severe weather that flipped tractor-trailers and small planes, washed out roads and left thousands without electricity. The survey team from Greer, …

DUAL North America Announces New CEO, Chairman

DUAL North America, a member of the DUAL Group and Hyperion Insurance Group and headquartered in Naples, Fla., has announced Justin Tweedie will be succeeded as CEO by Jon Beckham effective Jan. 1, 2018, at which time Tweedie will assume …

Florida Insurance Agents Recount Hurricane Irma’s Personal Impact

It’s been just over a month since Hurricane Irma hit Florida, and it won’t be forgotten in Florida by anyone anytime soon, especially not by those in the insurance industry. The powerful storm made landfall first in the Florida Keys …

Holmes Murphy Names Holder Vice President in Colorado

Holmes Murphy has named Jim Holder vice president of employees benefits for the Colorado market. Holder was previously senior vice president for Cigna’s Mountain States Region. He was executive vice president in consulting services for Ascension Insurance Inc. prior to …

Markel Launches Primary Coverage for Biomedical, Life Sciences Companies

Markel Corporation has announced a new insurance product for biomedical and life sciences companies in the U.S. primary insurance segment that provides product liability, professional liability, general liability, clinical trial liability, and related medical professional liability coverage. Target markets include …

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