Archive for September 2015

A man who accidentally started a 2012 wildfire that burned over a mountain and threatened the town of Jackson has agreed to a $2.9 million payment under a legal settlement. James G. Anderson Jr., 79, will be responsible for $425,000. … Read More Read more here:: Insurance Journal       

Warming temperatures and a historic drought made Northern California’s Valley fire faster to spread and harder to fight. But the bigger culprit, sadly but thankfully, was something under human control: forest mismanagement. There are five times as many trees per acre … Read More Read more here:: Insurance Journal       

It has been several days since two huge wildfires in Northern California peaked in their ferocity, yet the damage they did is still being revealed daily. The tally of homes destroyed topped 1,000 on Saturday after authorities assessing damage in … Read More Read more here:: Insurance Journal       

Beazley has joined forces with Lloyd’s syndicates managed by Aspen and Brit Global Specialty to launch the International Cyber Consortium. The consortium will focus on providing robust data breach cover to businesses domiciled outside the United States with revenues in … Read More Read more here:: Insurance Journal       

By Jonathan Stempel A federal appeals court has given the developer Larry Silverstein a new chance to recoup more money for rebuilding the World Trade Center site in New York, on top of the $4.1 billion of insurance proceeds he has received. The … Read More Read more here:: Insurance Journal       

The fall marks a new administrative year for the Insurance Agents & Brokers Service Group (IA&B) in Mechanicsburg, Pennsylvania, and its partnership of agents’ associations. The following directors have been elevated to leadership positions. Insurance Agents & Brokers Service Group … Read More Read more here:: Insurance Journal       

By Amy O’ Connor Florida taxi companies may finally get the answer they are looking for from the Florida Department of Highway Safety and Motor Vehicles (FDHSMV) regarding minimum insurance requirements for transportation network companies (TNCs) operating in the state. In a Sept. 17 … Read More Read more here:: Insurance Journal       

Risk Cooperative, a Washington, D.C.-based insurance brokerage and risk management firm, recently announced the launch of its Comprehensive Benefits practice. Risk Cooperative said the new practice aims to help small to mid-sized enterprises (SMEs) gain their footing in an increasingly … Read More Read more here:: Insurance Journal       

New York City will be the main testing ground for a smart device installed in vehicles to warn motorists of impending dangers and congestion, the U.S. secretary of transportation announced on Sept. 14. Secretary Anthony Foxx said New York will … Read More Read more here:: Insurance Journal