June 17, 2013
Crystal & Co., a worldwide risk and insurance advisor, has released the results of its Nonprofit Risk Survey, presenting a snapshot of risk awareness and exposure among U.S. nonprofit organizations, including human services, foundations, and community service, educational and religious …
June 16, 2013
BP Plc’s U.S. investors asked a federal court to grant class action, or group, status for their lawsuit claiming the company misled them before and after the 2010 spill in the Gulf of Mexico. The investors, led by the New …
June 14, 2013
The average California auto insurance expenditure fell from 1989 to 2010, while every other state in the nation saw substantial increases over that same period, according to a Consumer Federation of America analysis auto insurance expenditures. The group attributes the …
June 14, 2013
The second largest health insurer in Massachusetts has announced that it will no longer cover specialty medications known as compounded drugs, months after a deadly nationwide meningitis outbreak was traced to a Massachusetts compounding pharmacy. The chief medical officer at …
June 14, 2013
A massive line of storms packing hail, lightning and tree-toppling winds rolled through the Midwest on June 12 in the evening, driving people into basements for shelter, tearing down power lines and causing flooding in low-lying areas. Forecasters predicted that …
June 14, 2013
A southern New Jersey fishing boat owner has been sentenced to nearly four years in prison for his role in a botched scheme to sink the boat for insurance money. Scott Tran of Cherry Hill was also ordered Wednesday to …
June 14, 2013
One person was killed as the result of an explosion and fire at a chemical plant in Geismar, La. on June 13 The Times-Picayune reported that 77 people were taken to the hospital with injuries. Louisiana State Police identified the …
June 14, 2013
Watertown, Mass., police say the town’s insurance company has agreed to cover the cost of replacing three department vehicles peppered with bullet holes and damaged beyond repair by explosions during the shootout with the Boston Marathon bombing suspects. Chief Edward …
June 14, 2013
Sentry Insurance, a mutual company in Stevens Point, Wis., announced that Carol Sanders will join Sentry in July as executive vice president and chief financial officer. Sanders has more than 20 years of experience in the insurance industry. She served …
June 14, 2013
Service Group, based in Austin, Texas, announced it has named Martin Jenns as its new president. The company also announced the retirements of senior vice presidents Patrick Vance and Gary Holliday. Service Group, including Service Lloyds, is a family-owned insurance …