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9 Homes Destroyed in Oklahoma Wildfire

Fire officials are suggesting a blaze that has destroyed at least nine homes in eastern Oklahoma and forced the evacuation of more than 100 others may have been intentionally set. Highway 9 Volunteer Fire Department chief Danny Choate told KOKI-TV …

Former County Commissioner in Oregon Counter Sues in Marijuana Case

A former Jackson County commissioner accused in a lawsuit of bilking investors to finance a pot shop has filed a counterclaim. Doug Breidenthal filed the lawsuit contending his professional reputation has been damaged, the Mail Tribune reported. “As a result …

Overland Park, Kansas, Apartment Building Fire Ignites Houses

A huge fire at an apartment building under construction in suburban Kansas City has sparked fires at several homes blocks away. The eight-alarm fire broke out about 3:30 p.m. on March 20 at the multimillion-dollar CityPlace development in Overland Park, …

Travel Businesses in California’s Big Sur Community Reeling After Bridge Closure

Almost all the hotels, restaurants and state parks cut off when a bridge on the Central California coast crumbled last month remain closed, but Kurt Mayer chose to keep his deli and taproom open — even though it’s costing him. …

Illinois Places Public Service Insurance Co. into Rehabilitation

The Illinois Department of Insurance reported that Public Service Insurance Co. (Public Service) and its parent corporation Public Service Mutual Holding Co. have been placed into rehabilitation. Policies will continue in force and policyholder claims will continue to be paid …

Pinnacol Issues $50M in Workers’ Comp Dividends to Colorado Employers

Colorado workers’ compensation insurer Pinnacol Assurance is distributing $50 million in dividend checks this month to its policyholders. More than 53,000 employers throughout the state — roughly 94.2 percent of the company’s policyholders — will receive a dividend in recognition …

Swiss Re Names Mitchell as Head of Property & Specialty Reinsurance

Swiss Re announced that Mike Mitchell, currently head Property Underwriting and Property & Casualty Facultative, Asia, will succeed Edouard Schmid as Swiss Re’s head Property & Specialty Reinsurance, effective July 1, 2017. He will also serve as a member of …

R&Q Acquires Captive Insurer from Fortune 500 Engine Manufacturer

Randall & Quilter Investment Holdings Ltd. (R&Q) announced the acquisition of ICDC Ltd., a captive insurer of an American Fortune 500 company, for an undisclosed sum. The name of the former parent of the captive was not released. The company, …

Supreme Court OK with Delay in Bringing Patent Infringement Suits

A U.S. Supreme Court ruling on Tuesday in a lawsuit over adult diapers will make it more difficult for companies accused of patent infringement to shoot down lawsuits because the plaintiffs waited too long to bring them. In a 7-1 …

RSA Begins Trading on London Market Placing Platform, PPL

International insurer RSA has begun trading on the London insurance market’s electronic placing platform, PPL (Placing Platform Ltd.), which enables brokers and underwriters to quote, negotiate, bind and endorse business using one market-wide system. RSA’s Profin underwriting team is now …

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