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Sandy Survivors Recall Challenges of Past Year

The trauma inflicted by Superstorm Sandy’s fierce floodwaters was etched on the faces of many homeowners Tuesday, a year after the storm made landfall, as they recalled the challenges they have faced during the past year. Rebuilding efforts continued throughout …

Roundstone Management Welcomes New Regional Sales Managers

Westlake, Ohio–based Roundstone Management Ltd., which focuses on the alternative risk market, added three new regional sales managers. Charles Gragg, David Fox and David Grenell are now part of the Mid-Market Med stop loss sales team. With more than 25 …

Hundreds Still Displaced by Sandy Damage in Connecticut

A year after Superstorm Sandy drove Deborah Dinan from her Milford, Connecticut, home, she lives above a loud bar and is often reduced to tears as she struggles to return. Dinan, a 59-year-old nurse on disability due to health problems, …

5 CAA Members Elected to Kansas Agent Association Leadership Positions

Combined Agents of America LLC (CAA), based in Austin, Texas, announced that five of its members/agents were elected to leadership positions with the Kansas Association of Insurance Agents (KAIA). CAA member Bob Wood, president of Wood-Dulohery Insurance, was elected president …

Jury Awards $150M In Southern California Wrongful Death Case

A jury has awarded more than $150 million in damages to a 13-year-old girl who watched her family burn to death in a fiery crash on a Southern California freeway. “It’s hard for her to comprehend” the scope of the …

Oklahoma Commissioner Urges Purchase of Earthquake Insurance

Oklahoma Insurance Commissioner John D. Doak is encouraging Oklahomans to purchase earthquake insurance after a new report predicts continued seismic activity in the central part of the state. The U.S. Geological Survey (USGS) said central Oklahoma has experienced more than …

Insurance Company Pays $16K to Vermont Auto Customers

Vermont’s Department of Financial Regulation says a Wisconsin-based insurance company has paid nearly $16,000 in restitution to Vermont auto insurance customers whose damage claims were not evaluated properly. An investigation by the department determined that Dairyland Insurance Co. had inaccurately …

CPro Associates Adds Morris, Arsenault in Dallas Brokerage Unit

CPro Associates, a Dallas- based surplus lines wholesaler and managing general agency, has expanded its brokerage department with the addition of Gay Morris and Stephanie Arsenault. Morris previously worked at RISC in broker and underwriting positions for six years. She …

Ex-Texas Chemical Firm Exec Gets Prison for Worker Death

A federal judge has sentenced the former president of a Port Arthur, Texas, chemical company to one year in prison for occupational safety crimes that led to an employee’s death. Matthew Lawrence Bowman is the former president and owner of …

Florida to Report on Effect of Reinsurance Savings on Homeowners’ Rates

Florida Chief Financial Officer Jeff Atwater wants to know why home insurers are not passing along to insureds apparent savings they are realizing on reinsurance. The state’s insurance regulator says he will let Atwater know next month. Atwater sent a …

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