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10, 2015
40 Structures Burned so Far in Central Texas Fires
Wildfires that ignited this week in Texas’ Bastrop County have grown quickly, encompassing more than 4,300 acres. The Hidden Pines fire has burned thousands of acres in and around Bastrop’s two state parks and claimed 40 structures including many homes, according …
16
10, 2015
BrokersLink Partners with 10 New Members, Launches New Product Strategy
Brokerslink, a global independent brokering company, has signed 10 new members and launched a customized products strategy at its 2015 global conference in New York. These new brokers and specialist resources members bring the total to 85 operating in over …
16
10, 2015
Wal-Mart Sues Insurers for Alleged Breach of Contract in Morgan Settlement Case
Wal-Mart Stores Inc. recently filed a lawsuit against a number of its commercial excess liability insurers. The lawsuit alleges that the insurers are delaying to pay claims related to the giant retailer’s personal injury settlement paid to actor Tracy Morgan …
16
10, 2015
N.Y. Announces $700K Funding for Task Force to Combat Worker Exploitation
New York Gov. Andrew Cuomo announced on Oct. 14 new measures to support a statewide task force to combat worker exploitation. The measures include a new $700,000 funding to coordinate outreach and education with workers and employers, as well as …
16
10, 2015
Unlike Uber, On-Demand Office Service Cleans Up with Employees
It’s scorching on the streets of Midtown Manhattan as Afonso Oliveira strides around the lunch-break crowds, unbent beneath his 45-pound, $350 industrial backpack. He is carrying everything that might be needed to tighten a leaking faucet at a digital marketing agency …
16
10, 2015
Drug Deaths Outnumbered Highway Fatalities in Virginia for 1st Time Last Year
Deaths from heroin and opioid use outnumbered highway fatalities in Virginia for the first time last year, officials said. Records show that 728 Virginians died from drug overdoses in 2014, while 700 people died on the state’s roads. The increase …
16
10, 2015
People’s United Insurance Agency Acquires Kesten-Brown in Connecticut
People’s United Bank N.A., a Bridgeport, Connecticut-based regional bank with nearly 400 retail locations in six states, announced that its subsidiary, People’s United Insurance Agency, has acquired Kesten-Brown Insurance, a Bridgeport, Connecticut-based insurance brokerage. People’s United Bank said the acquisition …
16
10, 2015
EPIC Ads Slater as Principal and Producer in Central California
EPIC Insurance Brokers and Consultants has named DeAnna Slater a principal and property/casualty insurance broker/producer in the firm’s Fresno, Calif. office. She will report Terri Parreira, managing principal. She will be responsible for new business production, the development and management of risk management and …
16
10, 2015
Insurance Industry, IICF Raise $70K-Plus for Central Texas Flood Victims
Central Texas may currently be under drought conditions and suffering from elevated wildfire risk but merely months ago the situation was just the opposite. In May, the Austin and Central Texas areas were deluged with flooding from a widespread storm …
16
10, 2015
Lloyd’s Report Aims to Reduce Dangerous Liability Risk Accumulation
Lloyd’s has issued a new report, addressing the “accumulations of liability risk,” which indicates that they “have the potential to send shockwaves through the insurance industry and are one of the most complex exposure management challenges faced by insurers.” The …