April 23, 2018

Mon, 23 Apr 2018 16:47:38 +0000
Lake Jackson, Texas-based TDECU Insurance Agency LLC has named Janet Tuttle as its new director of Insurance Operations. Tuttle previously served as operations manager for the agency. As insurance operations director, Tuttle will oversee the daily oper...
Mon, 23 Apr 2018 16:42:08 +0000
A state appeals court has reinstated a lawsuit against operators of a website that facilitated the purchases of a gun used in a mass shooting in suburban Milwaukee, Wisconsin, five years ago. Radcliffe Haughton killed his wife, Zina Daniel Haughton, …
Mon, 23 Apr 2018 16:41:55 +0000
A pharmacy accused of dispensing millions of prescription pain pills in West Virginia has agreed to a $550,000 settlement with the state. In a news release, Attorney General Patrick Morrisey says the settlement of a lawsuit involving Larry’s Drive-In P...
Mon, 23 Apr 2018 16:39:12 +0000
Federal safety investigators are on the scene of a TV tower collapse in southwest Missouri that left one person dead. OSHA investigators are trying to determine what caused the 1,980-foot tower to collapse Thursday near Fordland. One man, 56-year-old S...
Mon, 23 Apr 2018 16:35:16 +0000
Gov. Roy Cooper has declared a state of emergency in two North Carolina counties which suffered major damage from a tornado. Cooper’s declaration Friday for Guilford and Rockingham counties means state government resources can help governments with rec...
Mon, 23 Apr 2018 16:33:24 +0000
Lance Armstrong reached a $5 million settlement with the federal government in a whistleblower lawsuit that could have sought $100 million in damages from the cyclist who was stripped of his record seven Tour de France victories after admitting he …
Mon, 23 Apr 2018 16:28:25 +0000
A Republican running for Kansas governor has released his income tax returns for the past three years and is calling for other candidates to do so. Insurance Commissioner Ken Selzer said Friday that he’s setting an example of transparency. Selzer …
Mon, 23 Apr 2018 16:25:50 +0000
Authorities are investigating the possibility of arson in connection with one of two large wildfires burning in Oklahoma, a blaze that’s resulted in the death of one person. Dewey County Sheriff Clay Sander said that one person has been questioned, …
Mon, 23 Apr 2018 15:40:10 +0000
Bermuda-based property/casualty insurer and reinsurer Sompo International Holdings Ltd. said it has received the regulatory approvals from the Ministry of Finance of Luxembourg to establish a new subsidiary, SI Insurance -Europe (SIIE). SIIE, which wil...
Mon, 23 Apr 2018 15:38:22 +0000
Recovery efforts continue to help some Hawaii residents get back on their feet following a devastating flood. About 30 community leaders from Kauai’s North Shore met over the weekend to discuss relief efforts and allocate donations and services to areas …
Mon, 23 Apr 2018 15:34:28 +0000
A former state supervisor of maintenance workers on McNeil Island is suing Washington state, contending he was wrongfully terminated for trying to correct problems with work performance. Jon Hardy filed a lawsuit against the state earlier this month in...
Mon, 23 Apr 2018 15:32:26 +0000
The Small Business Administration says disaster loans are available to small nonfarm businesses in 13 counties in New Mexico and one in Arizona to offset economic losses because of reduced revenues caused by drought in two of the New Mexico …
Mon, 23 Apr 2018 15:30:28 +0000
An acrid stink of petroleum three years ago sent Santa Barbara County firefighters scrambling in a search for a possible spill. When they arrived at Refugio State Beach they witnessed oil staining the pristine sands and seeping into the surf. …
Mon, 23 Apr 2018 15:00:00 +0000
Munich Re would welcome a long-term investor taking a significant stake in the company as the world’s largest reinsurer eyes a return to profit growth this year, its CEO told Reuters. Joachim Wenning’s comments come as Japan’s SoftBank is in …
Mon, 23 Apr 2018 13:20:13 +0000
Massachusetts Governor Charlie Baker is taking steps ensure that commuter rail engineers with poor personal driving records aren’t putting passengers’ safety at risk. The Boston Globe reports the Republican governor notified the Federal Railroad Admini...
Mon, 23 Apr 2018 13:12:06 +0000
The owner of a Connecticut pizza parlor has pleaded guilty to a fraud charge for setting fire to his own business and then collecting insurance money. Federal prosecutors say 32-year-old Mustafa Zabana, an Iraqi national living in Westfield, Massachuse...
Mon, 23 Apr 2018 13:07:36 +0000
Three men found guilty in a murder-for-hire scheme in Delaware have been sentenced. News outlets report 46-year-old Ryan Shover, 53-year-old Michael Kman and 55-year-old Paul Disabatino are the last of four men sentenced in the plot in which 43-year-ol...
Mon, 23 Apr 2018 12:57:15 +0000
The case of Mark R. Krzykalski v. David T. Tindall involves an auto accident where both the plaintiff and the defendant were in the left lane turning left through an intersection. An unidentified driver turned unexpectedly from the right lane, …
Mon, 23 Apr 2018 12:12:12 +0000
The UK-based Managing General Agents’ Association (MGAA) hopes its launch of Chrysalis, a dedicated community for MGAs to share innovation and expertise, will represent the interests of the next generation of industry professionals. The group sees Chry...
Mon, 23 Apr 2018 06:00:21 +0000
Emerging from a 10-week accelerator program, 10 technology-powered insurance startups presented their ideas for enhanced customer engagement, cyber security, digital health, smart home products and supply chain management at the first annual Demo Day s...
Mon, 23 Apr 2018 01:44:48 +0000
U.S. and European airline regulators on Friday ordered emergency inspections within 20 days of nearly 700 aircraft engines similar to the one involved in a fatal Southwest Airlines engine blowout last week, citing risks of a similar mishap. The directi...
Mon, 23 Apr 2018 01:00:57 +0000
Australia’s competition watchdog on Monday supported massive increases in financial penalties for companies caught doing the wrong thing, after widespread misconduct was exposed by an ongoing inquiry into the financial sector. Australian Competition an...
Mon, 23 Apr 2018 01:00:49 +0000
If a new European law restricting what companies can do with people’s online data went into effect tomorrow, almost 1.9 billion Facebook Inc. users around the world would be protected by it. The online social network is making changes that …
Mon, 23 Apr 2018 01:00:45 +0000
Wells Fargo & Co. will pay $1 billion to settle with U.S. regulators who say the bank wrongly layered insurance on hundreds of thousands of drivers and routinely hit homebuyers with excessive fees, officials said on Friday. The penalty was …
Mon, 23 Apr 2018 01:00:35 +0000
Bets on Spanish housing and oil assets helped Blackstone Group LP mitigate stock market jitters that weighed on it in the first quarter, with earnings at the world’s largest manager of alternative assets falling less than expected. Profits have soared …
Mon, 23 Apr 2018 04:46:08 +0000
AssuredPartners, Inc. has acquired The Elan Group of Tampa, Fla., an employee benefits firm specializing in the design, enrollment and service of employee benefits plans. The company’s staff of 21 will remain under the leadership of CEO Ross Hays and …
Mon, 23 Apr 2018 04:30:05 +0000
K&K Insurance Group, Inc., a subsidiary of Aon plc has launched a new insurance program designed for the emerging market of eSports teams and events. Coverage offered includes sanctioned events, office premises, scheduled premises of the eSport team pr...
Mon, 23 Apr 2018 04:25:31 +0000
A.M. Besthas downgraded the Financial Strength Rating to B- (Fair) from B++ (Good) and the Long-Term Issuer Credit Rating to “bb-” from “bbb” of MedMal Direct Insurance Co., headquartered in Jacksonville, Fla. The outlook of these Credit Ratings (ratin...
Mon, 23 Apr 2018 00:25:11 +0000
ProSight Specialty Insurance (ProSight) has launched ProSight Direct, an online sales platform that allows potential insureds purchase insurance coverage through a simplified application. Because of ProSight’s experience in the live entertainment segme...
Sun, 22 Apr 2018 22:30:52 +0000
Southwest Airlines Co. confirmed Friday it has sent $5,000 checks to passengers aboard a flight that made an emergency landing this week after an engine failed, killing a passenger. The airline confirmed news reports from passengers it had sent the …