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Texas Associates Insurors Adds Peterson as Risk Advisor
Texas Associates Insurors announced that Erik Peterson has joined the agency as a risk and insurance advisor, specializing in medical device, servicing and malpractice risk. Peterson has experience in the industrial and medical device industries. His tenure in the insurance …
North Carolina Man Arrested for Forging Insurance Documents
North Carolina Insurance Commissioner Wayne Goodwin announced the arrest of Jonathan Russell Marcus, 53, of Charlotte. Marcus is charged with one count each of forgery of an instrument and obtaining property by false pretense. North Carolina Department of Insurance (NCDOI) …
Insurance Wholesaler Socius Names 3 to Leadership Posts
Socius Insurance Services Inc., a management liability and property/casualty insurance wholesaler, announced three changes to its leadership team. According to Patrick E. Hanley Sr., president of Socius, the changes are: Greg Miller of the Miami Beach, Florida office has accepted …
U.S. Investors Sue Volkswagen Over Diesel Emissions Scandal
Volkswagen AG was accused in a lawsuit of scheming to defraud U.S. investors who paid artificially inflated prices for the company’s foreign shares while it cheated on vehicle emissions tests. In what may be the first investor suit over Volkswagen’s …
Kentucky Considering Roadside Drug Tests for Drivers
The Kentucky Office of Highway Safety is working with local county officials to evaluate a roadside drug test that could help police address the growing number of drivers who are high behind the wheel. The agency and authorities in Louisville, …
Mass. AG: Encompass to Pay for Repair of Vehicles Brought to Unregistered Shops
A subsidiary of Allstate has agreed to pay for the correction of faulty repair work performed on motor vehicles brought to unregistered body shops in Massachusetts, Attorney General Maura Healey announced on Sept. 24. The assurance of discontinuance with Encompass …
Great American Insurance Names Niehaus Property/Casualty Sr. VP
Great American Insurance Group based in Cincinnati, Ohio, has named James (Jim) R. Niehaus was named senior vice president and chief information officer of its Property and Casualty Group. Niehaus joined the Great American in 2007 as divisional assistant vice president …
Typhoon Dujuan Nears Taiwan with Rain, Wind; Airlines Cancel Flights
Typhoon Dujuan lashed Taiwan with rain and wind as it neared the island on Monday, forcing schools to shut and disrupting land and air traffic. Cathay Pacific Airways Ltd. canceled or delayed about 30 flights Monday and Tuesday, the airline …
USI Insurance Services Acquires Benefit Controls of the Carolinas
USI Insurance Services has acquired the employee benefits business of Benefit Controls of the Carolinas, Inc. This is the first acquisition in North Carolina for USI. An employee benefits consulting firm, Benefit Controls of the Carolinas, Inc. designs and manages …
PartnerRe Files Definitive Proxy to Seal Acquisition by EXOR
Bermuda-based PartnerRe Ltd. announced that a Special General Meeting of shareholders will take place on Thursday, November 19, 2015 to vote on the previously announced merger agreement between PartnerRe and EXOR, and all related transactions. The company filed a “Definitive …