News

Fire District Work Pays Off for Louisiana Town

Chackbay, La., homeowners won’t see their property insurance costs increase since the community’s volunteer fire department has made improvements. The Courier reports an assessment performed in May by the Property Insurance Association of Louisiana would have raised the volunteer department’s …

Judge: Fraud Convict’s Wife Can’t Get Policy Money

The wife of a man convicted of bilking millions of dollars out of people in North Dakota, South Dakota, Minnesota and elsewhere in an investment fraud scheme cannot collect proceeds from his insurance policy, a federal judge ruled. Verlin Swartzendruber, …

S.C. Researchers Unveil New Hurricane Model; Program to Offer Landfall Probability

As hurricane season approaches its peak, researchers at South Carolina’s Coastal Carolina University unveiled a new hurricane model program named after a massive Category 4 storm that smashed into South Carolina a quarter-century ago. Scientists say the model called Hurricane …

Man Fights To Take License Test In Hawaiian

A Hawaii man has waged a court battle centered on his right to speak Hawaiian, saying his inability to take a driver’s license exam in the language represents discrimination that violates the state constitution. Daniel Anthony was cited in January …

Oregon Workers’ Comp Group Avoids Decertification

Oregon insurance regulators say they’ve stopped moving to decertify a workers’ compensation self-insurance trust after the group increased its security deposit. The Department of Consumer and Business Services said Monday that the Oregon Employers Trust Inc. submitted a letter of …

Swett & Crawford Appoints Sales Leader for Atlanta Branch

Wholesale insurance broker Swett & Crawford promoted Matt Brott to sales leader for the Atlanta branch. In addition to his new sales leadership responsibility, Brott will continue to serve as a broker in Swett & Crawford’s property practice group. Brott …

Florida Sen. Fasano, Veteran on Insurance Legislation, Leaving for Tax Job

Florida Gov. Rick Scott is appointing maverick legislator Mike Fasano to the position of Pasco County tax collector. The governor’s office said that Scott had appointed Fasano, R-New Port Richey, to the job on Tuesday. He succeeds Mike Olson, who …

Argo Group Reports $31.7 Million Q2 Net Income; $64.4 Million 6 Months

The Bermuda-based Argo Group International Holdings, Ltd. announced financial results for the three and six months ended June 30, 2013. The earnings highlights for the second quarter of 3013 were listed as follows: • Gross written premiums were $542.2 million, …

MMA Railway to Stop Transporting Oil after Quebec Crash

The Montreal, Maine and Atlantic (MMA) railway company will stop transporting oil after a runaway oil tanker train derailed and exploded in a small Quebec town last month, killing 47 people, MMA Chairman Ed Burkhardt said in a newspaper interview. …

Mitsui Sumitomo at Lloyd’s Hires 2 Professional Indemnity, D&O Specialists

UK non-life insurer Mitsui Sumitomo at Lloyd’s has hired two experienced underwriters as its Syndicate 3210 seeks to diversify its products and distribution to capitalize on significant international opportunities. Joe Warner has joined the professional indemnity team as a Senior …

News Archives by Month