September 8, 2017
This year, the beginning of September marked a critical implementation deadline for some of the toughest new cybersecurity regulations in the country – the New York State Department of Financial Services (NYDFS) 23NYCRR 500. This set of regulations mandates that …
September 8, 2017
A week before Hurricane Harvey walloped Houston, workers for Union Pacific Corp. began moving rail cars out of the railroad’s Englewood switching yard near downtown and brought in enough generators to fill 70 tractor trailers to keep signal systems running. …
September 8, 2017
How do you remove hundreds of thousands of damaged cars from a massive city still mired in water and muck? Tow-truck driver Alex Toll will tell you: one vehicle at a time. Toll is part of an army of more …
September 8, 2017
Arthur J. Gallagher & Co. has acquired Nebraska-based Lincoln Financial Management LLC. Terms of the transaction were not disclosed. Founded in 1993 by Stephen Letts and later acquired by Cyrus Kiani, Lincoln Financial Management is an employee benefits consultant and …
September 8, 2017
A.M. Best has downgraded the Financial Strength Rating (FSR) to A- (Excellent) from A (Excellent) and the Long-Term Issuer Credit Rating (Long-Term ICR) to “a-” from “a” of Kansas Medical Mutual Insurance Co. (KaMMCO) in Topeka, Kan. The outlook of …
September 8, 2017
Chicago aldermen have agreed to pay $9.5 million to a man who suffered catastrophic injuries when he struck his head on the pavement after being shocked by a police Taser. The settlement approved by the city council adds to the …
September 8, 2017
Brianne Head, director of Client Services for Independent Insurance Group Inc., in Dallas, Texas, has received the 2017 National Outstanding CSR of the Year Award from the Society of Certified Insurance Service Representatives (CISR) and the Society of Certified Insurance …
September 8, 2017
Any proposal to automatically cut premiums for Michigan drivers would be “dead” on arrival in the Republican-led Senate, Majority Leader Arlan Meekhof said, bringing into question lawmakers’ long-sought aim to enact major auto insurance changes. Meekhof, on the Legislature’s first …
September 8, 2017
Federal prosecutors will lead a new Houston-based group created to help law enforcement agencies respond to an inevitable wave of fraud and other criminal activity set off by Harvey’s punishing rains. Authorities are warning residents, volunteers and officials in flood …
September 8, 2017
Traveling from Louisiana, four 18-wheelers and more than a dozen workers rolled into the heart of Houston last Tuesday morning. The Cajun crew was there to unfurl and install a unique form of flood protection: three-foot high, seven-foot wide, 250-foot …