February 9, 2015
J.H. Blades & Co. Inc., an energy-focused managing general agent based in Houston, announced it has purchased wholesale broker Burke-Daniels Co. Inc., which also specializes in the oil and gas energy sector. Terms of the deal were not disclosed. With …
February 9, 2015
Ambridge Partners, a managing general underwriter based in New York City, has formed a new team to focus on underwriting small- to medium-sized transactions. The group will be led by Jack Sinchak, underwriting manager, who joined the firm in 2007. …
February 9, 2015
The U.S. Geological Survey reported a magnitude 3.1 earthquake struck the San Francisco Bay area. The USGS says the small quake hit at 3:44 a.m. Friday and was centered about a mile east-southeast of Emerald Lake Hills, California, 30 miles …
February 9, 2015
Competition among property/casualty insurance carriers and the flow of capital into the industry are continuing to drive down rates in most U.S. commercial lines and conditions are particularly favorable for clients with attractive risks and good loss histories, says global …
February 9, 2015
The U.S. Agriculture Department has declared most of Nevada a natural disaster area due to lingering drought. And state water officials say more trouble is brewing for ranchers and farmers in western Nevada where cutbacks have been ordered in irrigation …
February 9, 2015
Firefighters on Sunday evening gained the upper hand on a wind-driven wildfire that destroyed 40 homes, burned nearly 11 square miles and forced about 150 people to leave two small California towns at the eastern base of the Sierra Nevada. …
February 9, 2015
Utah state officials have seen what they describe as a sharp uptick in attempts to hack into state computers in the last two years, and they think it related to the NSA data center south of Salt Lake City. The …
February 9, 2015
The nation’s decades-long campaign to combat drunk driving continues to make our roads safer, but use of marijuana and prescription drugs is increasingly prominent on the highways, creating new safety questions, according to two studies released by the Department of …
February 9, 2015
As creditors fight over the scraps of the bankrupt operating unit of Caesars Entertainment Corp., a three- person panel will soon decide whether investors who bought default insurance should get paid from contracts that expired nearly a month before the …
February 9, 2015
Trinity Industries Inc.’s guardrail system, which has come under scrutiny for locking when hit and piercing cars instead of helping them slow, passed the first four of eight government-mandated crash tests, a federal highway agency said. The Federal Highway Administration …