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10, 2015
North Carolina Drought Ends After Week of Heavy Rains
For the first time since May 12, North Carolina is free of drought. A map issued Oct. 8 by the state Drought Management Advisory Council showed all 100 counties to be clear of any drought advisories. North Carolina received more …
12
10, 2015
AssuredPartners Acquires Wilson H. Flock Insurance in Pennsylvania
AssuredPartners Inc. announced that its subsidiary, AssuredPartners of New Jersey, has acquired Wilson H. Flock Insurance Inc., an independent agency based in Wyoming, Pennsylvania. Terms of the transaction were not disclosed. Established in 1937, Wilson H. Flock specializes in coverage …
13
10, 2015
UK Regulator Looks to Change ‘Culture’ after Insurance Reporting Fiasco
The Financial Conduct Authority (FCA) has “deep cultural problems,” a senior U.K. lawmaker Andrew Tyrie said after the regulator responded to parliamentary criticism of how it handled a newspaper article that sent shares in insurance companies tumbling. The FCA will …
12
10, 2015
Secret CEO Recordings Allowed in Massey Mine Blast Trial
Donald Blankenship’s own words may come to haunt the former Massey Energy Co. chief executive officer at his criminal trial as a federal judge said prosecutors can let the jury hear conversations secretly recorded while he led the company. U.S. …
13
10, 2015
Moody’s Index Aims to Measure Economic Impact of Terrorism
Can the impact of terrorism on economic growth be measured? Moody’s Investors Service has constructed a terrorism index to quantify the hit to gross domestic product, government spending, investment and borrowing costs. Attacks are rising rapidly around the world and more than …
12
10, 2015
Secret CEO Recordings Allowed in Massey Mine Blast Trial
Donald Blankenship’s own words may come to haunt the former Massey Energy Co. chief executive officer at his criminal trial as a federal judge said prosecutors can let the jury hear conversations secretly recorded while he led the company. U.S. …
13
10, 2015
U.S. Says CSX Missed Rail Defect Blamed For Oil Train Derailment
A fiery oil train derailment that forced the evacuation of hundreds of people in West Virginia last February was caused by a rail defect that railroad inspectors from CSX Corp. missed twice in the preceding months, U.S. regulators said on …
12
10, 2015
NIF Group Launches Bowling Center Program
NIF Group, Inc., a program administrator and specialty brokerage firm, has launched a nationwide program for bowling centers. NIF Insurance Services of California, a division of NIF Group, is the program administrator in partnership with an A.M. Best rated ‘A’, …
12
10, 2015
Eydent Reports Swearingen’s Retirement, Staff Promotions
Eydent Insurance Services LLC, a Mt. Pleasant, Mich.-based program administrator specializing in niche markets, announced that Jim Swearingen, chief underwriting officer, will retire effective Nov. 15. Swearingen began his career with St. Paul Fire and Marine and successfully worked his …
12
10, 2015
NIF Group Launches Bowling Center Program
NIF Group, Inc., a program administrator and specialty brokerage firm, has launched a nationwide program for bowling centers. NIF Insurance Services of California, a division of NIF Group, is the program administrator in partnership with an A.M. Best rated ‘A’, …