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Shoemake Ushered in as President of Alamo Chapter of CPCU

The Alamo Chapter Society of Chartered Property and Casualty Underwriters (CPCU) in San Antonio, Texas, announced that Susan G. Shoemake has been installed as president of the chapter for 2011 – 2012. Shoemake, who holds the CPCU and ARM designations, …

Plaintiffs Notch Legal Win in Illinois Cigarette Suit

The Illinois Supreme Court has cleared the way for plaintiffs’ attorneys to push that a $10.1 billion verdict against cigarette-maker Philip Morris be revived, sending the matter back to the trial court for more hearings. The court upheld a state …

MJ Insurance Named Best Practices Agency for 8th Consecutive Year

Indianapolis, Ind.-based property/casualty and employee benefit agency, MJ Insurance, for the eighth consecutive year has been recognized as a ‘Best Practices Agency’ by the Independent Insurance Agents & Brokers of America’s (Big ‘I’). Last year, which marked the start of …

Harris County Flood Control District Unveils New Flood Mapping Tool

The Harris County Flood Control District announced it has launched a new tool to help Harris County, Texas, residents gain knowledge about floodplains and their flooding risks. The Flood Education Mapping Tool can be found online at www.hcfcd.org and builds …

Kansas Storm Damage Insurance Claims Set Record

Spring and summer storms in Kansas have led to more than $1 billion in insurance claims this year. The Kansas Department of Insurance reported that the 197,000 claims have been filed for property and crop damage. The numbers do not …

Texas Man Sentenced to 60 Years for $100M Insurance Fraud

After hearing tearful testimony from several people whose life savings were stolen, a federal judge in Virginia sentenced a former Texas businessman to 60 years in prison for his role in a $100 million life insurance scam that claimed more …

Nursing Home Case Spotlights West Virginia’s Malpractice Damages Cap

Lawyers for a West Virginia nursing home are preparing to take a case to the state’s Supreme Court on the grounds that a $91.5 million jury award should be reduced under the state’s medical malpractice law. In August, after a …

Shell Singapore Refinery May Shut for a Month; Distillates Force Majeure

Royal Dutch Shell’s Singapore refinery may remain shut for at least a month, industry sources said, and the company declared it would not meet supply commitments after a blaze at the major 500,000 barrels-per-day plant. Singapore is Asia’s hub for …

Nationwide, Harleysville CEOs Reassure Agents: Merger All About Growth

The merger of insurer Nationwide Mutual with regional carrier Harleysville Mutual is all about growth, not only for the companies but also for their independent agents, according to the CEOs of the two insurers. Harleysville is a “perfect match” for …

Global Insurance Rates Flat Overall in Q3 Says Marsh

Insurance rates are rising for property in high-risk areas, while rates are falling for many lines of professional insurance, leading to an overall stable market around the world, according to a report from Marsh, the brokerage arm of Marsh & …

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