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Energy Companies Prepare for Possibility of Joaquin Hitting NYC Area
U.S. energy companies said on Wednesday they were preparing for the possibility that Hurricane Joaquin could hit the New York City area early next week, potentially following the destructive course of Hurricane Sandy in 2012. Joaquin strengthened into a hurricane …
Alliant in California Names Anders Chief Financial Officer
Newport Beach, Calif.-based Alliant Insurance Services has named Ilene Anders chief financial officer. Anders, formerly the firm’s chief information officer, will lead Alliant’s finance team. Anders will retain her position as CIO on an interim basis until a permanent successor …
California Insurance Commissioner Says More to Lose Fire coverage
California Insurance Commissioner Dave Jones says more people may be dropped from fire coverage and that residents of high risk areas may have to shop for more expensive insurance as wildfires become more destructive because of the drought. Jones said the …
Alleged Oktoberfest Beating Prompts Utah Family to Sues Snowbird
A Utah family who says they were beaten by a crowd of drunken revelers at Snowbird’s Oktoberfest is suing the ski resort. The lawsuit filed Monday says that Snowbird doesn’t do enough to control the alcohol at the festival, and …
NCCI Proposes Decrease for Workers’ Comp Loss Costs in Connecticut
The National Council on Compensation Insurance (NCCI) on Sept. 24 delivered a workers’ compensation loss cost filing to the Connecticut Insurance Department. NCCI said that based upon its review of the most recently available data, it has proposed an overall …
Dispensaries Make Offer of Free Cannabis to California Fire Victims
Medical marijuana dispensaries in Northern California are offering up to $200 in free cannabis per patient affected by a hugely destructive wildfire. The Los Angeles Times reported the two companies are offering free products at five dispensaries in San Francisco, …
Liberty Mutual Breaks Ground on 1M Square Foot Texas Campus
Liberty Mutual Insurance has kicked off construction of its new campus in Plano, Texas. The 1-million-square-foot office is expected to be complete in 2017. Liberty Mutual’s $325 million-plus expansion project is expected to bring more than 4,000 employees to Plano …
Gantz Named Chief Financial Officer of Sentry in Wisconsin
Stevens Point, Wis.-based Sentry Insurance has named Dewey Gantz vice president, chief financial officer and treasurer. Gantz joined Sentry in 2013 as assistant vice president, and chief accounting executive. He has 20 years of insurance industry experience, including time served …
Fed Probe Finds Safety Problems at Texas Dupont Plant Where 4 Died
A federal investigation into a poisonous gas leak that killed four workers at a Houston, Texas-area chemical plant in November found weaknesses and failures in the facility’s safety planning and procedures, officials said Wednesday. The findings were announced in an …
Surging Verisk Analytics Added to S&P 500
Verisk Analytics Inc., the provider of data to insurers and banks, was named to join the Standard & Poor’s 500 Index after the company’s market value passed $12 billion on a share rally and expansion through acquisitions. Verisk will replace …