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Houston-Based Broker, J.H. Blades, Acquires Energy Rival Burke-Daniels

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 …

Ambridge Partners Expands Reps & Warranty Coverage for SMEs

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. …

Small Quake Shakes San Francisco, No Damage Reported

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 …

Commercial Lines Softening to Continue in U.S. in 2015: Marsh

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 …

Disaster Declaration For Most of Nevada Due to Drought

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 …

Firefighters Gain on California Wildfire That Destroyed 40 Homes

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. …

Utah Seeing More Cyber-Attacks, Likely Due To NSA Facility

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 …

Drugged Driving Increases While Drunk Driving Decreases

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 …

Investors Await Default Insurance Ruling in Caesars Bankruptcy

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 …

Trinity Guardrails Pass First of 8 Mandated Crash Tests

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 …

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