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SIAA Adds Six Agencies in West in May

The Strategic Insurance Agency Alliance signed six new agencies in the West in May, which brings SIAA’s total for the month to 30 new member agencies. May’s new West members include: Clear Lakes Agency of Buhl, Idaho; MEB Insurance Services …

New Position to Target Workers’ Comp Fraud in Rhode Island

Officials in Rhode Island are creating a new position to prosecute fraud in the state’s unemployment and workers’ compensation program. The state’s Department of Labor and Training announced the new position on Monday. The prosecutor will be tasked with rooting …

N.H. Commissioner Sevigny’s Reappointment Confirmed by Exec Council

New Hampshire’s Executive Council has unanimously confirmed on Wednesday the reappointment of Roger Sevigny to another five-year term as the state’s insurance commissioner.New Hampshire Gov. Maggie Hassan nominated Sevigny to another term last month, pending final approval and confirmation by …

Segal Select Insurance Acquires Fiduciary Business from A&R Associates

Segal Select Insurance Services, Inc. has acquired Broker of Record rights to certain fiduciary liability policies and fidelity bonds previously brokered by A&R Associates in Alexandria, Va. According to Brian Smith, Segal Select’s chief operating officer, the acquisition expands Segal’s …

Groups Warn N.Y. Assembly’s Insurance Reform Bills Have Potential to Backfire

Industry groups are warning that the New York State Assembly’s recent approval of the post-Sandy insurance reform package has the potential to backfire and are urging the state Senate not to take up this legislation. The reform package includes a …

Senate Committee Advances National Producer Licensing Reform Bill

The Senate Banking Committee today voted to send an insurance producer licensing reform measure to the full Senate for consideration. The bipartisan bill — S. 534, the National Association of Registered Agents and Brokers Reform Act of 2013 or NARAB …

Tougher Fire Restrictions Planned In 7 New Mexico Counties

The Bureau of Land Management plans to impose tougher fire restrictions across seven counties in central New Mexico starting Monday. The restrictions will affect BLM lands in Bernalillo, Catron, Cibola, McKinley, Sandoval, Socorro and Valencia counties. Officials say ongoing drought …

Montana Tribe Declares Flooding Disaster

Parts of northern and central Montana have seen more rain in the past two weeks than in a normal year, leading the Chippewa Cree Tribe to declare a disaster on the Rocky Boy’s Indian Reservation swamped by widespread flooding. The …

ProSight Specialty Launches “Pay as you Build” Builders Reporting Policy

ProSight Specialty Insurance, a global insurance group in the construction industry, has launched a new product that will provide residential and commercial contractors with additional cash flow through a “payas you build” feature with a low deposit premium called Builders …

Deadly Oklahoma Tornado Widest on Record, Rare EF5

The deadly tornado that struck near Oklahoma City late last week had a record-breaking width of 2.6 miles and was the second top-of-the-scale EF5 twister to hit the area in less than two weeks, the National Weather Service said. The …

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