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World Insurance Associates Acquires A Berne Insurance in New Jersey

World Insurance Associates LLC, an independent insurance agency headquartered in Tinton Falls, N.J., completed its 19th business acquisition on January 1, 2017 with the acquisition of A Berne Insurance based in Old Bridge, N.J. A Berne Insurance, family owned and …

USI Hires DePlacido to Employee Benefits Practice in Massachusetts

USI Insurance Services (USI) has hired Michael DePlacido as vice president of the employee benefits practice for its Woburn, Mass., office. In his new role, DePlacido is responsible for executive and strategic oversight of marketing processes and negotiations with carriers …

Wal-Mart Owes New Hampshire Pharmacist $16.08M for Gender Bias

Wal-Mart Stores Inc. has been ordered by a federal judge to pay $16.08 million to a former New Hampshire pharmacist in a gender bias case, but the amount is only about half what a jury awarded and may fall substantially …

Supply Chain Risks Underinsured in APAC: Zurich Insurance/BCI Survey

Six out of 10 organizations in Asia Pacific experienced at least one supply chain disruption in the past year, with one in four incidents costing more than US$1 million, according to a survey conducted by the Business Continuity Institute (BCI) …

New Climate Index Shows Extreme Weather Is Now 3 Times More Frequent

Extreme weather over the last five years has been occurring with a regularity that’s about three times the norm, according to a newly created index from a group of number crunchers. The Actuaries Climate Index, which was officially launched near …

R-T Specialty Promotes Hunziker, Nielsen

Chicago-based wholesale insurance brokerage R-T Specialty LLC (RT) has promoted Stephen Hunziker to president of RT Specialty Minneapolis/St. Paul and Todd Nielsen to president of RT Specialty Boston Hunziker previously was an executive vice president, specializing in professional liability lines. …

California Wholesalers Conference Tackled Everything from Marijuana to Trump

How legalized marijuana and President-elect Donald Trump will affect the insurance industry, a possible merger of the nation’s two major excess and surplus lines organizations, renewing the National Flood Insurance Protection Program, California laws expected for 2017, incremental insurance. There …

Oklahoma Insurance Commissioner Backs Plan for Rural Health Care

Oklahoma Insurance Commissioner John D. Doak is calling attention to a new effort to combat health issues in rural Oklahoma after attending the Rural Health Leadership Summit hosted by the OSU Center for Health Sciences (OSU-CHS). At the Jan. 10 …

Fire Destroys 20 Transit-System Buses in Northwest Arkansas

A transit system serving four counties in northwest Arkansas has restricted its service after an early morning fire destroyed nearly all its buses. Ozark Regional Transit says the fire broke out on Jan. 10 in a bus canopy in Springdale, …

Fire Danger Now High in Oklahoma but Icy Winter Storm on the Way

The National Weather Service says strong winds, unseasonably warm temperatures and low humidity have combined to create a high risk of wildfires in Oklahoma. Forecasters issued a red flag fire warning for western Oklahoma, and say temperatures in the mid-70s, …

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