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15 07, 2016

MetaBank Taps Cunningham and Koenig for AFS/IBEX in Texas

By | July 15th, 2016|Recent Articles|Comments Off on MetaBank Taps Cunningham and Koenig for AFS/IBEX in Texas

MetaBank has named Susan Cunningham senior vice president of sales for its premium finance division, AFS/IBEX. She will operate out of the Dallas and lead sales and marketing in Texas and adjoining states. Cunningham has more than 30 years of …

15 07, 2016

Woman Who Broke Ankle on L.A. Skyscraper Slide Files Suit

By | July 15th, 2016|Recent Articles|Comments Off on Woman Who Broke Ankle on L.A. Skyscraper Slide Files Suit

A lawsuit claims a woman suffered a broken ankle on a recently opened glass-enclosed slide attached to the exterior of a downtown Los Angeles skyscraper. City News Service says the lawsuit filed this week against building owner OUE Skyspace LLC and …

15 07, 2016

Hail Damage Claims from Montana Crops on The Rise

By | July 15th, 2016|Recent Articles|Comments Off on Hail Damage Claims from Montana Crops on The Rise

State officials say damage claims for Montana crops due to hail are nearly double what they’ve been in recent years. The Billings Gazette reported the state Department of Agriculture’s Walt Anseth says farmers submitted 200 insurance claims from January to …

14 07, 2016

Ratings of Preferred Physicians Medical Risk Retention Group Upgraded

By | July 14th, 2016|Recent Articles|Comments Off on Ratings of Preferred Physicians Medical Risk Retention Group Upgraded

A.M. Best has upgraded the financial strength rating to A (Excellent) from A- (Excellent) and the issuer credit rating to “a” from “a-” of Preferred Physicians Medical Risk Retention Group Inc. (Preferred Physicians) in Kansas City, Mo. The outlook for each rating has …

14 07, 2016

North Dakota Storms Cause Widespread Crop, Property Damage

By | July 14th, 2016|Recent Articles|Comments Off on North Dakota Storms Cause Widespread Crop, Property Damage

Recent storms that have dropped heavy rain and hail across North Dakota have caused headaches for motorists, farmers and homeowners. Weekend storms caused widespread crop and building damage in the Killdeer area, where hail piled up like snowbanks. Wahpeton got …

14 07, 2016

Family of Girl Who Choked on Marshmallow Sue Parents Who Hosted Party

By | July 14th, 2016|Recent Articles|Comments Off on Family of Girl Who Choked on Marshmallow Sue Parents Who Hosted Party

The family of an 11-year-old Massachusetts girl who died after choking on a marshmallow at a friend’s birthday party has filed a wrongful death lawsuit. The lawsuit seeks unspecified monetary damages in the death of Azriel Estabrooks, of Somerset, in …

14 07, 2016

Allianz Names XL Catlin’s Posner Senior Underwriter for Terrorism Insurance in North America

By | July 14th, 2016|Recent Articles|Comments Off on Allianz Names XL Catlin’s Posner Senior Underwriter for Terrorism Insurance in North America

Allianz Global Corporate & Specialty (AGCS) reported that Adam Posner has been named senior underwriter for  Terrorism & Political Violence insurance. Posner will be based in New York and he will report directly to Marcos Garcia Norris, regional practice group …

14 07, 2016

Insurers Expect Lower Returns in Face of Low Interest Rates, Heightened Competition

By | July 14th, 2016|Recent Articles|Comments Off on Insurers Expect Lower Returns in Face of Low Interest Rates, Heightened Competition

Approximately three-fourths of insurers surveyed have lowered their target return-on-equity expectations to 10 percent or lower, a reflection of highly competitive market conditions remaining and the slow-growth economy, according to a new A.M. Best survey. According to the A.M. Best …

13 07, 2016

Disney CEO Iger Joins Los Angeles Bid for 2024 Olympic Games

By | July 13th, 2016|Recent Articles|Comments Off on Disney CEO Iger Joins Los Angeles Bid for 2024 Olympic Games

The chairman and CEO of The Walt Disney Co. is joining Los Angeles’ bid to land the 2024 Olympics. Bob Iger will serve as a vice chair of the bid committee’s board of directors, joining former Olympic champion swimmer Janet …

13 07, 2016

Southern Colorado Wildfire Expected to Grow

By | July 13th, 2016|Recent Articles|Comments Off on Southern Colorado Wildfire Expected to Grow

Firefighters were expecting a wildfire burning near Coaldale to grow Wednesday in dry, windy weather but crews are working toward getting the blaze contained near the town between Canon City and Salida. However, the Hayden Pass Fire, which has forced …