Mon, 18 Mar 2019 17:54:34 +0000
Pinnacol Assurance announced on Monday it is distributing general dividend checks to its customers totaling $70 million. Pinnacol also recently lowered its rates by 10 percent on average. Both the dividend and the rate decrease marked the fourth consec...
Mon, 18 Mar 2019 16:45:38 +0000
Severe storms in Texas last week caused an estimated $30 million in damage and generated some 6,000 wind-related insurance claims, according to the Insurance Council of Texas, which joins State Farm Insurance in conducting a “storm tour” of North and …
Mon, 18 Mar 2019 16:36:55 +0000
Authorities say a tornado swept through mid-Michigan, damaging homes and knocking out power to thousands. The National Weather Service confirmed that a tornado touched down at 7:03 p.m. Thursday around the Shiawassee County community of Vernon, about 2...
Mon, 18 Mar 2019 16:35:19 +0000
Officials knew a Forth Worth hospital elevator was in need of upgrades two years before a nurse was crushed and seriously injured when the elevator continued to rise as she tried to step inside, a maintenance audit shows. A report …
Mon, 18 Mar 2019 16:33:15 +0000
Initial insured property losses for floods that recently affected northern Queensland, Australia, and in particular the city of Townsville, are estimated at A$957 million ($1.1 billion), according to PERILS, the independent Zurich-based organization th...
Mon, 18 Mar 2019 16:32:40 +0000
Authorities used boats and large vehicles on Saturday to rescue and evacuate residents in parts of the Midwest where a recent deluge of rainwater and snowmelt was sent pouring over frozen ground, overwhelming creeks and rivers, and killing at least …
Mon, 18 Mar 2019 16:24:23 +0000
USG Insurance Services Inc., a national wholesaler and managing general agent (MGA), has promoted Jodi Berger to regional manager, based in Arlington, Texas. Berger joined USG in 2002 as a senior underwriter and was promoted to branch manager of the …
Mon, 18 Mar 2019 16:22:04 +0000
Integrity Insurance, a property/casualty insurance carrier headquartered in Appleton, Wisconsin, has added Becky Monfre as business development manager. In this new position for Integrity, Monfre is responsible driving growth and visibility, in additio...
Mon, 18 Mar 2019 16:01:39 +0000
Climate advocates say an overhaul of the nation’s flood insurance program being unveiled by the Trump administration will spur communities around the country to better plan for extreme weather, but could drive up costs for some homeowners. The changes ...
Mon, 18 Mar 2019 15:30:58 +0000
Fidelity National Information Services Inc. (FIS) agreed to buy Worldpay for about $35 billion on Monday, with the U.S. financial services provider striking the biggest deal to date in the fast-growing electronic payments industry. The financial techno...
Mon, 18 Mar 2019 15:18:07 +0000
A well-known abortion rights activist from Utah has filed a lawsuit against three conservative media publications for defamation, says that online stories spread misinformation that she cut the throats of fetuses during abortions. Dr. Leah Torres, a fo...
Mon, 18 Mar 2019 15:16:17 +0000
The National Weather Service reported that a tornado that destroyed or damaged numerous homes and other structures in the southern New Mexico community of Dexter traveled a path about 15 miles long and 150-350 yards wide. The weather service’s damage …
Mon, 18 Mar 2019 15:14:08 +0000
Most states ban texting behind the wheel, but a legislative proposal could make Nevada one of the first states to allow police to use a contentious technology to find out if a person was using a cellphone during a car …
Mon, 18 Mar 2019 15:05:15 +0000
The nuclear power industry is pushing the Nuclear Regulatory Commission to cut back on inspections at nuclear power plants and throttle back what it tells the public about plant problems. The agency, whose board is dominated by Trump appointees, is …
Mon, 18 Mar 2019 15:03:28 +0000
The California Fire Safe Council in partnership with the Watershed Research and Training Center has been awarded a $3 million grant, part of which is to help improve wildfire resiliency. The Regional Forest and Fire Capacity Program aims to help …
Mon, 18 Mar 2019 13:20:33 +0000
A Maine marketing firm has settled a lawsuit with a former employee who claimed she was drugged at a company party and fired after requesting accommodations to recover. The Portland Press Herald reports an attorney for Trueline Publishing told the …
Mon, 18 Mar 2019 13:14:13 +0000
The Vermont attorney general’s office says more than two dozen of the country’s biggest gasoline refiners, including ExxonMobil and Shell Oil Company, are paying a $3.8 million settlement over the use of the gasoline additive that the state alleged cau...
Mon, 18 Mar 2019 13:06:16 +0000
One of humanity’s most private and pervasive hygiene habits is changing. And Sal Scapelito’s job is a sign that the trend may not be sustainable. Every two minutes, the 31-year-old sewage treatment worker cleans off a five-foot-wide device designed to …
Mon, 18 Mar 2019 13:06:02 +0000
Aon’s New Ventures Group (NVG), which was formed in October 2018 to accelerate Aon’s investment in innovative new solutions, is focusing its first efforts on intellectual property in order to help clients manage their intangible assets. NVG is formally...
Mon, 18 Mar 2019 12:24:07 +0000
When cyber thieves attacked Empire Industries’ computer network, technology manager Rich Shemanskis could see files in the process of being infected by malicious software. “We were looking at the network, and I noticed it, and another guy noticed it. W...
Mon, 18 Mar 2019 11:57:43 +0000
A tropical cyclone killed at least 166 people in Mozambique and Zimbabwe, destroying roads and bridges and curbing electricity exports to neighboring South Africa. The death toll has risen sharply since Tropical Cyclone Idai made landfall almost direct...
Mon, 18 Mar 2019 11:03:01 +0000
Berkshire Hathaway Specialty Insurance (BHSI) has launched Professional First Asset Management Liability Insurance, which provides broad professional liability, directors & officers liability, and crime coverage tailored for investment managers and fun...
Mon, 18 Mar 2019 10:32:04 +0000
CBS Corp. directors agreed to settle for $1.25 million investors’ claims that network owner Sumner Redstone received millions of dollars in improper compensation after he became incapacitated in 2014. The money — coming from insurance covering CBS’s of...
Mon, 18 Mar 2019 10:02:36 +0000
The crash of an Ethiopian Airlines plane that killed 157 people had “clear similarities” with October’s Lion Air crash, Ethiopia said on Sunday, shown by initial analysis of the black boxes recovered from the wreckage of the March 10 disaster. …
Mon, 18 Mar 2019 09:33:02 +0000
Allianz SE is exploring the possibility of a combination of its asset management arm with Deutsche Bank AG’s DWS Group to create a national champion in active money management, according to people familiar with the matter. The Munich-based insurer is …
Mon, 18 Mar 2019 09:17:36 +0000
Berkshire Hathaway Inc on Friday said its newest vice chairmen, Greg Abel and Ajit Jain, were each awarded about $18 million last year, in the first detailed look at the pay of the men considered the leading candidates to succeed …
Mon, 18 Mar 2019 05:00:50 +0000
There’s a lot of loose talk about convergence between people and robots. As some see it, the rise of artificial intelligence will make humans obsolete — or at least force people to think more like machines. Whether this prophecy should …
Mon, 18 Mar 2019 04:56:48 +0000
TriSure Corporation has been acquired by Alera Group, a national insurance firm, effective March 1, 2019. Terms of the transaction were not announced. With over 1,500 employees in more than 70 locations across the nation, Alera Group offers employee be...
Mon, 18 Mar 2019 04:45:19 +0000
Former coal baron Don Blankenship is suing several news outlets and media personalities, claiming he was defamed during his failed bid for a U.S. senate seat in West Virginia. Blankenship’s suit was filed Thursday in Mingo County, West Virginia. It …
Mon, 18 Mar 2019 04:20:42 +0000
The Alabama Forestry Commission estimates timber losses caused by deadly tornadoes on March 3 at nearly $5.9 million. That’s almost $1,000 per acre of timberland damaged by two or three tornadoes in Macon, Lee and Barbour counties. A report posted …