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1st Half 2013 Natural Disasters Cost $85 Billion – Aon Benfield

A mid-year natural disaster analysis from Impact Forecasting, the catastrophe model development center of excellence at Aon Benfield, puts economic losses from global natural disasters at $85 billion, higher than the $75 billion for the same period in 2012, but …

ProHost USA Launches Data Breach Endorsement for Restaurants

ProHost USA, a Minneapolis-based program administrator, has added a new data breach coverage endorsement to its package programs for fine dining, family dining and fast casual restaurants. The endorsement, written on admitted paper, is available immediately in 28 states with …

At Least 77 Killed, 131 Injured, after Train Derails in Spain

A train derailed outside the ancient northwestern Spanish city of Santiago de Compostela on Wednesday evening, killing at least 77 people and injuring up to 131 in one of Europe’s worst rail disasters. Bodies covered in blankets lay next to …

44 Rescued From Gulf Rig After Natural Gas Blowout off Louisiana Coast

Natural gas spewed uncontrolled from a well of the Louisiana coast on July 23 after a blowout that forced the evacuation of 44 workers aboard a drilling rig, authorities said. No injuries were reported in the midmorning blowout and there …

Opponents of Ohio Village’s Traffic Cameras Sue

A lawsuit alleging that traffic cameras used to trap speeders are unconstitutional has been filed against a southwest Ohio village just months after a judge ordered similar cameras removed in another village in the state. The lawsuit filed recently in …

Louisiana Home Elevation Consultant Sentenced to 10 Years

A consultant already serving federal and state prison sentences for bribing state officials in the home elevation grant program, pleaded guilty to six counts of theft, for taking money from people but not doing the work. The Times-Picayune reports Rickey …

Casino Executives Named in Iowa Harassment Lawsuit

A former employee at an Iowa casino is accusing its general manager of making inappropriate sexual comments to employees and patrons. Gail Wilson, a former guest services manager at Lakeside Casino in Osceola, filed a lawsuit alleging that she was …

EPIC adds Principal Chuck Cushner in Northern California

Edgewood Partners Insurance Center named Charles M. Cushner as a principal and property/casualty insurance producer. Cushners’ responsibilities with EPIC will include the acquisition of new clients. He will also design, place and oversee risk management and property and casualty insurance …

Prices Up Again in Q2 But Market Hardening May Be Moderating: The Council

Commercial property/casualty pricing continued to gently creep upwards in the second quarter, however signs of some moderating of increases also surfaced. The Council of Insurance Agents & Brokers’ quarterly Commercial P/C Market Index Survey revealed that, on average, pricing rose …

Zurich Among Insurers Said to Be Probed in Expanded N.Y. Inquiry

Zurich Insurance Group AG is among companies being questioned by New York’s insurance regulator in a widening probe into compliance with an Iran sanctions law, according to a person familiar with the matter.The state Department of Financial Services is asking …

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