According to catastrophe modeling firm AIR Worldwide, insured losses in China from Typhoon Chan-hom are unlikely to exceed CNY 2.2 billion [$354.3 million]. “Typhoon Chan-hom made landfall in the coastal city of Zhoushan, China, on July 11, 2015, at 4:40 …
The article AIR Estimates Typhoon Chan-hom Insured Losses Less than $354 Million appeared first on Insurance Journal.
An Arkansas town damaged by an April 2014 tornado will receive more than $1 million in federal grant money to build a safe room that will shelter more than a thousand people. Arkansas Sens. John Boozman and Tom Cotton and …
The article Tornado-Torn Arkansas Town to Build Shelter with Grant Money appeared first on Insurance Journal.
A Google Inc. driverless car was involved in the fleet’s first collision to result in injury. One of Google’s vehicles braked during a green light because of congestion, and the car behind hit it at 17 mph and lost its …
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Regions Insurance, Inc., an affiliate of Regions Bank, has entered into an agreement with the Ronald F. Holehouse Agency to obtain the firm’s personnel and accounts. Financial terms of the agreement are not disclosed. Agency founder Ron Holehouse, along with …
The article Regions Insurance Enters Agreement with Florida’s Ronald F. Holehouse Agency appeared first on Insurance Journal.
Brown & Brown Inc. announced that its wholesale brokerage division, Hull & Company, has acquired certain assets of RF Ougheltree & Associates LLC in Lyndhurst, New Jersey. Terms of the transaction were not disclosed. RF Ougheltree & Associates was founded …
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California Insurance Commissioner Dave Jones on Thursday paid homage to the insurance industry for “tens of millions” of charitable dollars that came from the insurance industry as part of the California Organized Investment Network. Jones made his remarks at the …
The article California’s COIN Program Generates “Tens of Millions” in Community Funds appeared first on Insurance Journal.
All-Star Insurance Group Inc., a full service independent insurance agency headquartered in Gilmer, Texas, has promoted George Wolfe to vice president. Wolfe joined All-Star Insurance in March 2011 after eight years with Farm Bureau Insurance in Gilmer. He has 13 …
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Gulf Coast officials worry that their communities won’t get their fair share of Alabama’s $2.3 billion portion of the BP oil spill settlement. Gulf Shores Mayor Robert Craft told Alabama’s Press Register that members of the Gulf Coast Recovery Council …
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Clearwater, Florida-based Heritage Property & Casualty Co. said it has applied to expand into North Carolina, South Carolina, Massachusetts and Rhode Island. “The entry into complementary coastal states positions Heritage for new growth opportunities and is an important step toward …
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The New York Police Department is trying to root out its problem officers and monitor patterns of potential misbehavior by creating a database that combines information from several city agencies on lawsuits, misconduct complaints, internal probes and such seemingly mundane …
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