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Jersey’s Seaside Boardwalk Fire Expected to Cause Multi-Million Dollar Insurance Loss

A raging fire that destroyed dozens of businesses along the Seaside Park boardwalk in New Jersey Thursday is expected to be a multi-million dollar insurance event, an insurance expert observed.The fire, propelled by strong coastal winds, swept through at least …

How Agents, Brokers Can Help Themselves, Clients with Healthcare Reform

The Affordable Care Act (ACA) has accelerated change and confusion in the health insurance marketplace and businesses and individuals are counting on their insurance agents and brokers to help them understand the nitty-gritty of the ACA requirements. For many property/casualty …

Mississippi Having Trouble Spending Katrina Recovery Funds

Eight years after Hurricane Katrina slammed the Gulf Coast, Mississippi still hasn’t spent almost $1 billion in federal money dedicated to recovery from the storm. The remaining $872 million is part of $5.5 billion Congress gave the state to rebound …

Insurance Pros in Politics: Garamendi Says Economy Needs Insurance

When it comes to mixing insurance and politics Congressman John Garamendi, D-California, can be considered an authority on the topic. While Garamendi never served professionally in the insurance industry, after the rancher-turned-politician became California’s first elected insurance commissioner in the …

September Tornado Spotted In Far Northern Minnesota

A September tornado has been spotted in far northern Minnesota. The National Weather Service says a trained spotter reported the tornado two miles northwest of Williams in Lake of the Woods County before 3:30 p.m. Wednesday. Lake of the Woods …

Veto Sustained On Missouri Workers’ Comp Database

Gov. Jay Nixon’s veto has been sustained on legislation calling for the creation of an online database of workers’ compensation claims. Senators supported the override 25-9 on Wednesday. But the House vote of 90-71 fell well short of the two-thirds …

Missouri Lawmakers Override On Uninsured Motorists

Missouri lawmakers have approved a veto override of legislation restricting lawsuits by uninsured motorists. The House approved the override Wednesday on a 109-51 vote, the bare minimum needed for a two-thirds majority. The bill achieved the mark only after Republican …

Last Chance: Best Agencies to Work For, Deadline Sept. 18

Insurance Journal is on the search again for the best independent insurance agencies in the United States to work for and we hope you will consider nominating your agency today. You must be a current employee of the agency you …

Central Texas Utility Sues Tree Trimmer Over Fires

A $35 million lawsuit filed by a utility alleges a tree-trimming company failed to properly maintain vegetation before 2011 Central Texas wildfires destroyed nearly 1,700 homes. The lawsuit filed by Bluebonnet Electric Cooperative names Asplundh Tree Expert Co. of Willow …

Damage From Large Wisconsin Wildfire Estimated At $1M

A fire that damaged a 10-mile swath of forest land in northwestern Wisconsin this spring caused at least $1 million in damage, according to the timber company that owns most of the affected land. The massive blaze in Douglas County …

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