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Southern U.S., Caribbean Islands Brace for Hurricane Irma

Hurricane Irma, barreling toward the Caribbean and the southern United States, was upgraded to a powerful Category 4 storm on Monday as islands in its path braced for a possible onslaught. Hurricane advisories were issued for territories that dot the …

Ratings of Conifer Holdings, Subsidiaries Under Review with Negative Implications

A.M. Best reported it has placed under review with negative implications the Financial Strength Rating (FSR) of B++ (Good) and the Long-Term Issuer Credit Rating (Long-Term ICR) of “bbb” of Birmingham, Mich.-based Conifer Insurance Co. (Conifer); the FSR of B+ …

Iowa City Sues Engineers Over Water Plant Design, Operation

Sergeant Bluff, Iowa, officials say the city’s water treatment plant doesn’t function as promised and so are suing the engineering firm that designed it. The Sioux City Journal reports that the city sued Veenstra & Kimm Inc. in Woodbury County …

California Brewery Sued by Jazz Legend’s Son Over Beer Label

The son of late jazz legend Thelonious Monk is suing a California brewery, alleging it is using his father’s image on bottles and packaging of a Belgian-style ale and other merchandise without permission. The lawsuit filed in federal court in …

Devastating S. Asia Floods Kill 1,400, Expose Lack of State Planning for Monsoons

The most devastating floods to hit South Asia in a decade have killed more than 1,400 people and focused attention on the poor planning and lack of preparedness for annual monsoon rains, as authorities struggle to get aid to millions …

Zurich Insurance Taps Martin from Swiss Re as Group CRO, Succeeding Reyes

Zurich Insurance Group announced that Alison Martin will join the group on Oct. 1, 2017 and will assume the role of group chief risk officer in January 2018. She will succeed Cecilia Reyes, Zurich’s current group chief risk officer, who …

Massachusetts’ Hospitality Insurance Group CEO to Retire in 2018

Hospitality​ ​Insurance​ ​Group President​ ​and​ ​CEO​ ​John W. Tympanick has announced his 2018 retirement after 26 years with the Southborough,​ ​Mass.-based company. “After 26 years helping to create a successful regional multi-line insurance company from its humble beginnings as a …

Massachusetts Police Warn of Social Media Scams After Record Powerball Win

Police in Massachusetts are warning of fake social media accounts that have popped up after a woman won the $758.7 million Powerball jackpot. Chicopee police say fake accounts are being created on Twitter, Facebook and Instagram stating that they are …

Connecticut Reminds Policyholders to Be Prepared This Storm Season

Connecticut Insurance Commissioner Katharine L. Wade is reminding policyholders to review their homeowners insurance and understand their coverage as the 2017 Atlantic tropical storm season heads into its busiest time. The storm season traditionally runs from June 1 through November …

Judge Throws Out Obama Rule Hiking Overtime Pay

A federal judge in Texas on Thursday struck down an Obama administration rule that would have extended mandatory overtime pay to more than 4 million U.S. workers, siding with business groups and 21 states that had challenged it. The decision …

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