Archive for January 2016

Horsemen Inc. has named Mike Redman director of island operations. Redman will be responsible for successful business relationships and business development in Hawaii. Redman has 20 years of insurance experience. He comes to Horsemen Inc. after spending more than 11 … Read More Read more here:: Insurance Journal       

Washington farmers have lost at least $336 million due to the ongoing drought, a figure that is likely to climb as more information becomes available. The Capital Press reported that a state Department of Agriculture report estimated dollar losses for … Read More Read more here:: Insurance Journal       

By Amy O’ Connor Insurance industry reactions to Florida Insurance Commissioner Kevin McCarty’s decision to resign have been rolling in since the long-time state regulator announced Jan. 5 that he would step down from his position after 12 years in office. “The privilege of … Read More Read more here:: Insurance Journal       

The Cunningham Insurance Group announced the opening of its newest property/casualty insurance agency, Wilkerson/Cunningham Insurance, in Alexandria, La. This office joins with offices in Natchitoches and Mansfield, La., to give the group a regional presence in central- and northwest Louisiana. … Read More Read more here:: Insurance Journal       

Sewage overflows during heavy rains have fouled a poor neighborhood in Centreville, Miss., for years because the city has failed to fix its sewage system, a lawsuit alleges. The lawsuit was filed against Centreville on Jan. 5 in federal court … Read More Read more here:: Insurance Journal       

RIMS, the risk management society, announced that Julie Pemberton will lead the group as president for the 2016 term. Pemberton is the director of Enterprise Risk and Insurance Management for Outerwall Inc. She has been a member of RIMS for … Read More Read more here:: Insurance Journal       

Rating agency A.M. Best said it is maintaining its negative outlook on the commercial lines segment of the U.S. property/casualty (P/C) industry, despite relatively solid aggregate results over the past several years. The negative outlook indicates A.M. Best’s expectation of … Read More Read more here:: Insurance Journal       

Maurice “Hank” Greenberg’s insurance company donated $10 million to a super-PAC supporting Republican Jeb Bush‘s bid for the White House, making him one of the biggest contributors to the 2016 presidential race yet. The donation, Greenberg said in an interview, … Read More Read more here:: Insurance Journal       

Last year was the second hottest on record in the contiguous United States, and included 10 major weather and climate events, such as droughts and storms, that each led to over $1 billion in damages, the National Oceanic and Atmospheric … Read More Read more here:: Insurance Journal