Ex-Massey Energy chief Donald Blankenship won an almost three-month delay of his trial, scheduled to begin later this month, on federal charges tied to a fatal 2010 mine explosion that was the worst U.S. coal industry disaster in 40 years. …
Florida’s state-backed property insurer is lowering the amount of coverage it provides for high-value properties from $1 million to $900,000, per a 2013 law change. Citizens Property Insurance Corp. is implementing the change that will apply to all almost all …
When it comes to weather in Alabama, no matter what time of year, there’s just one thing to do: “Prepare for it to be bad.” That’s according to Kevin Laws, the science and operations officer at the National Weather Service …
House Financial Services Committee Chairman Jeb Hensarling (R-Tex.) vowed Monday that the House will vote this week on a bipartisan bill to renew the Terrorism Risk Insurance Act (TRIA) as it did last month before the bill died in the …
Morgan West Jr. has been named CEO and chairman of the board of directors of Dealey, Renton & Associates. West has been DRA’s president since Jan. 1, 2013 and will continue in this role as well. Al Chinn, DRA’s president, …
Insurance broker Lockton has named industry veteran Michael Andler as executive vice president and head of its U.S. property insurance practice. Andler will operate from Lockton’s New York office. Andler joins Lockton after 13 years at Aon in various leadership …
The Andrew Agency, an independent insurance agency in Richmond, Virginia, announced it has acquired Assurance Associates and The Bradshaw Agency, two retail agencies also based in Richmond. Terms of the transactions were not disclosed. Founded in 1996, Assurance Associates provides …
Warren Buffett said last year that Berkshire Hathaway Inc.’s future will be about buying big businesses and expanding them over time. As he celebrates his golden anniversary running the company, investors are rallying behind the idea. Shares of the Omaha, …
Pacific Specialty Insurance Co. has hired Cindy Roth as senior vice president of sales and distribution. Roth spent 10 years at The Hartford, the last three as the Southwest division executive. Among her first moves is the promotion of Jason …
A majority of U.S. drivers are willing to pay as much as $1,499 to have high-tech entertainment and safety devices in their vehicles as consumers demand more connectivity, according to a Harris Poll. Back-up cameras, USB ports and smartphone charging …
