Archive for April 2017

By Don Jergler Idaho Gov. C.L. “Butch” Otter says residents facing possible flooding in some areas of the state aren’t taking what he calls a potential disaster seriously. About a dozen state and federal officials at a news conference Wednesday in Boise described … Read More Read more here:: Insurance Journal       

By Don Jergler Late in the afternoon of Feb. 12, Sheriff Kory Honea was at the emergency operations center for the tallest dam in America when he overheard someone say something that stopped him in his tracks: “This is not good.” Over six … Read More Read more here:: Insurance Journal       

By Elizabeth Blosfield Pennsylvania’s attorney general’s office on Wednesday charged a dozen people as part of an organized crime ring that it said had made millions of dollars renting out fraudulently obtained license plates, primarily in New York City. The people who rented … Read More Read more here:: Insurance Journal       

The Connecticut Insurance Department has launched a new licensing web site, designed to improve customer service for the nearly 200,000 agents, brokers, adjusters and other licensees who conduct business with the department. The new licensing site features online tools that … Read More Read more here:: Insurance Journal       

By Stephanie K. Jones A traumatic fall in a dark, icy parking lot wasn’t enough to sway the Michigan Supreme Court. The justices last week reversed a decision by the state appeals court and said the conditions should have been “open and obvious” to … Read More Read more here:: Insurance Journal       

By Stephanie K. Jones National wholesale insurance brokerage and managing general agent, Worldwide Facilities, has hired Kirsten Noecker as an internal broker in its lawyers professional unit. She is based in Chicago. In this position, Noecker will focus on both placement of coverage and … Read More Read more here:: Insurance Journal       

By Stephanie K. Jones Texas Mutual Insurance Co. announced that its board of directors voted unanimously to approve a company-record $260 million dividend distribution in 2017. Qualifying policyholder owners across Texas will share the dividend, which will be distributed beginning in June. Texas Mutual … Read More Read more here:: Insurance Journal       

By Stephanie K. Jones Baylor University selected a new president to guide the nation’s largest Baptist school, picking the first female leader in its 172-year history as the campus wades through a sexual assault scandal that chased out her predecessor and led to several … Read More Read more here:: Insurance Journal       

By Andrew G. Simpson The Allstate Corp. announced estimated catastrophe losses for the month of March 2017 of $516 million, pre-tax ($335 million after-tax), and an estimated $781 million, pre-tax ($508 million after-tax), for first quarter 2017. Catastrophe losses occurring in the first quarter of 2017 comprised 28 events at … Read More Read more…