Archive for August 2017

By Stephanie K. Jones As the 77th annual Sturgis Motorcycle Rally drew to a close, the South Dakota Highway Patrol compiled some numbers on the public safety aspect of the gathering that draws hundreds of thousands of visitors to the Black Hills. The patrol … Read More Read more here:: Insurance Journal       

By Stephanie K. Jones Markel Corp. has launched a new trade credit and political risk operation in Chicago. Christen Mizell will transfer to Chicago from New York to take on trade credit and political risk underwriting responsibility for the Midwestern states. Her appointment follows … Read More Read more here:: Insurance Journal       

By Stephanie K. Jones SageSure Insurance Managers announced that Leeann Manalla was awarded the 1752 Club Company Representative of the Year Award by the Professional Insurance Agents (PIA) of Louisiana. The presentation was made during PIA Louisiana’s Annual Convention in Galveston, Texas. Based on … Read More Read more here:: Insurance Journal       

By Don Jergler A magnitude 4.6 earthquake has hit an island in Alaska’s Aleutians chain, the Alaska Earthquake Center confirmed. The center reported that the earthquake struck 3:24 p.m. Sunday Alaska time on Adak Island near the far west end of the Aleutians. … Read More Read more here:: Insurance Journal       

By Don Jergler Nevada marijuana regulators have decided to start issuing pot distribution licenses to businesses other than liquor wholesalers to keep up with overwhelming demand since legal recreational sales began July 1. The Nevada Department of Taxation voted to open up the … Read More Read more here:: Insurance Journal       

By Don Jergler The defense attorney for a teenage driver accused of driving drunk while livestreaming the crash that killed her younger sister says a mechanical problem may have caused the accident in California. The Merced Sun-Star reported Obdulia Sanchez’s lawyer told a … Read More Read more here:: Insurance Journal       

The Schinnerer Group has entered into an agreement to acquire Broomfield, Colo.-based International Catastrophe Insurance Managers LLC from the Paraline Group. The deal is expected to close in the third quarter of 2017. Terms were not disclosed. ICAT is a … Read More Read more here:: Insurance Journal       

By Andrea Wells Independent agents and brokers who work primarily in personal lines believe competitive pricing, carrier technology and customer service will be more important in five years than they are now. The sentiment is quite different in commercial lines, where agents say … Read More Read more here:: Insurance Journal       

By L.S. Howard Financial markets are showing some signs of volatility these days after exceptionally low indicators since the start of the 2017. The Chicago Board Options Exchange Volatility Index, or VIX, is at its highest level this year. The VVIX Index, which … Read More Read more here:: Insurance Journal