Archive for July 2016
AmTrust Drops Arbitrator-Bribery Claims Against Italian Ex-Broker Somma
By Andrew G. Simpson Insurance firm AmTrust Financial Services Inc. has filed to voluntarily dismiss all of its claims against one of its former insurance brokers in Italy who AmTrust alleged bribed an arbitrator called in to settle a business dispute between them. AmTrust’s … Read More Read more here:: Insurance Journal
Read MoreInsurers, Private Hospitals in Houston Fighting over Patients’ Rates
By Stephanie K. Jones Insurance companies and private hospitals are facing off in Houston over how much to charge patients for “out-of-network” surgeries and procedures. According to the Houston Chronicle at least a dozen lawsuits have been filed in Houston in recent years over … Read More Read more here:: Insurance Journal
Read MoreBHSI Expands into Transactional Liability Market with Underhill, 3 Others
By Andrew G. Simpson Berkshire Hathaway Specialty Insurance (BHSI) reported that it has expanded into Transactional Liability Insurance team in the U.S. and Canada and named Robert Underhill as senior vice president, head of Transactional Liability. The company also appointed Dan Crosby as vice … Read More Read more here:: Insurance Journal
Read MoreSouthern Colorado Wildfire Now 30 Percent Contained
Firefighters are letting areas of a wildfire burn near Coaldale in southern Colorado because it is too dangerous to get into some wilderness areas, but they have managed to protect homes and contain 30 percent of the blaze as of … Read More Read more here:: Insurance Journal
Read MoreIdaho University Denies Discriminating Against Mormon Player
Idaho State University’s former assistant tennis coach and the university have denied allegations made in a lawsuit in which a former tennis player says he was discriminated against because of his Mormon faith. The Post Register reported that former coach … Read More Read more here:: Insurance Journal
Read MoreFire Damage at Oklahoma Power Plant Could Reach $200M
By Stephanie K. Jones Officials say the cost of damage from a fire at the Grand River Dam Authority’s main generating facility in Chouteau, Okla., could reach $200 million. The Tulsa World reports that GRDA spokesman Justin Alberty says the July 1 fire’s total … Read More Read more here:: Insurance Journal
Read MoreEmergency Declared in Oklahoma After Severe Storms
By Stephanie K. Jones Oklahoma Gov. Mary Fallin has declared a state of emergency for 35 Oklahoma counties following three days of severe storms, strong winds, tornadoes and flooding. The executive order signed Friday allows state agencies to make emergency purchases for disaster relief … Read More Read more here:: Insurance Journal
Read MoreLouisiana Company Recalls 21,500 Pounds of Catfish Products
By Stephanie K. Jones The U.S. Department of Agriculture says a north Louisiana business is recalling more than 21,500 pounds of catfish products for hotels, restaurants and other institutions in six states. The recall by Haring Catfish Inc. of Wisner involves products that USDA … Read More Read more here:: Insurance Journal
Read MoreSwiss Re Taps Harman, Poppie for U.S. Central Region Leadership Positions
By Stephanie K. Jones Swiss Re Corporate Solutions has added Christine Harman as senior vice president, head of Casualty, and named Gabriel Poppie as senior vice president, head of Sales, for its U.S. Central Region. Both are based in Chicago. Harman will be responsible for … Read More Read more here:: Insurance Journal
Read More