Day: May 4, 2018

Update: Florida CFO Wants Lobbyist Registration Requirement for Citizens

Editor’s Note: This story has been updated from a prior chronicle with criticism from a CFO’s office. Florida Chief Financial Officer Jimmy Patronis wants to see mandate put in place for those lobbying a state-run insurer of final resort, Citizens Property Insurance Corp. In an open minute to Citizens...

Willis Re Names Trans Re’s Vice as Head of Global Engineering

Willis Re announced a appointment of Andrew Vince as emissary conduct of a tellurian engineering practice. Vince has 25 years of underwriting knowledge in a class, many recently as manager of engineering covenant and onshore appetite during Transatlantic Re. Previously he hold several positions during RSA, GE Frankona Re...

California Insurance Commissioner Race Features Diverse Field

One approach or another, California’s subsequent word commissioner will be a initial of his kind. The Jun 5 primary facilities Democrats Dr. Asif Mahmood and Sen. Ricardo Lara opposite former commissioner Steve Poizner. Asif Mahmood Mahmood would be a initial Muslim to win a statewide competition and a initial...

American Family, Main Street America Reveal Plan to Merge

Wisconsin-based American Family Insurance organisation and Florida-based The Main Street America Group will pursue a merger, a companies announced today. The sum equity of a joined entities is approaching to be some-more than $9 billion. Upon execution of a merger, Main Street America will work as a stand-alone code...

115 Homes in Hawaii Destroyed or Damaged by Heavy Rains

Last month’s record rains broken or did vital repairs to 115 homes on Kauai and Oahu islands, a state of Hawaii pronounced Wednesday as it sought a disaster stipulation from a president. The cost of puncture work and repairs to open skill was pegged during some-more than $19.7 million,...

8 Fatalities Caused by 7 Oklahoma Highway Patrol Car Chases

The Oklahoma Highway Patrol has led 7 car chases over a final year ensuing in 8 deaths. Two who died were apathetic motorists, and a latest to die was one of a agency’s lieutenants, a Tulsa World reported. All actions were deemed to be within process by a Department...

Hawaii Volcano Eruption Prompts Evacuations

Nearly 1,500 residents were systematic to leave from their volcano-side homes after Hawaii’s Kilauea Volcano erupted, promulgation fiery lava to gnaw a approach by timberland land and burble adult on paved streets. Volcano officials couldn’t envision how prolonged tear that started Thursday might last, call Hawaii’s administrator to activate...

Frakes, Texas Mutual’s Third Employee, Retires

Terry Frakes has late from Austin-based workers’ remuneration insurer, Texas Mutual Insurance Co., after some-more than 25 years of use to a company. Frakes was Texas Mutual’s third worker after it was combined by a Texas Legislature in 1991 (then called a Texas Workers’ Compensation Insurance Fund). He was...

Alliant Insurance Services Acquires Illinois’ Engel Agency

Newport Beach, California-based Alliant Insurance Services has acquired Engel Agency Inc., located in a Chicago area. Family owned and operated, Engel Agency, led by President Paul Engelhard, has a clever institutional believe of a Illinois word market. The association has imagination in a extended array of industries and specializes...

Arkansas Company Pays $709K to Settle Overtime Claims

Federal labor officials contend an Arkansas association has paid scarcely $709,000 to settle overtime and smallest salary claims stemming from a cleanup of Louisiana floods in 2016. The U.S. Department of Labor pronounced that Wallace, Rush, Schmidt Inc. had unsuccessful to compensate 1,393 workers for weeks. The workers had...