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Hub Acquires Florida’s Connelly, Carlisle, Fields & Nichols

Global insurance broker Hub International Limited has acquired the assets of Connelly, Carlisle, Fields & Nichols (CCFN), a Clearwater, Florida-based insurance brokerage firm. Terms of the acquisition were not disclosed. The CCFN operations will form a new regional Hub doing …

Clash at Trial: Did BP Lie About Size of Gulf Oil Spill?

In the frantic days after the 2010 Gulf of Mexico oil spill, BP lied about how much oil was leaking from its Macondo well and took too long to cap it, plaintiffs’ lawyers said on Monday at the opening of …

New York’s Lawsky Sees Obamacare as Model to Simplify Home Insurance

Homeowners’ insurance needs to be more standardized because customers are confused about what their policies protect, New York’s financial regulator said. Few fully understand all the complexities of their coverage, Benjamin Lawsky, superintendent of the state’s Department of Financial Services, …

Poll: 72% Oppose Government Shutdown Linked to Health Care

In a rejection of congressional Republicans’ strategy, Americans overwhelmingly oppose undermining President Barack Obama’s health-care law by shutting down the federal government or resisting an increase in the nation’s debt limit, according to a poll released today. By 72 percent …

Obamacare Exchanges Open for Business Today; Some Glitches Expected

The three-year effort to open the Obamacare health-insurance exchanges culminates today, beset by logistical delays and efforts by Republicans to shut down the U.S. government in protest. Even states that have cooperated with the rollout, designed to enroll the uninsured …

Sandy’s Homeless to Lose NYC Hotel Program This Week

About 300 people made homeless by Superstorm Sandy could be forced to leave the New York City hotels they’ve been staying in after a judge lifted an injunction on Sept. 28 that preserved the program. The displaced residents who began …

Allstate Plans to Hire New Agents in Penn., Conn., Maine, R.I., N.H.

Allstate Insurance Company announced last week that the company is planning to hire new insurance agents in Pennsylvania, Connecticut, Maine, Rhode Island and New Hampshire. The insurer would hire approximately 455 new agents in these five states over the next …

BB&T Tanner Adds Three New Staffers In California

BB&T Tanner Insurance Services named three staff members to its office in Pleasanton, Calif. Ken Clark was named director of risk control. Clark has more than 25 years of experience. Joe Williams was named vice president of employee benefits. Williams …

South Jersey Boardwalks’ Unique Aspects Challenge Firefighters

Squeezing a bunch of structures together along a street made of wood is probably not the way to go when building a fire-resistant neighborhood. And yet there they are, in many New Jersey shore towns. South Jersey boardwalks in Atlantic …

New York to Compensate Storm Victims for NFIP’s ‘Earth Movement’ Exclusion

New York will use part of its share of billions of dollars in federal Superstorm Sandy aid to “fully compensate” storm victims who had flood insurance claims denied because of a hard-to-understand rule barring payments for damage caused by earth …

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