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26
07, 2016
Texas Windstorm Insurer: Submit Depopulation Documentation by August 25
Texas Windstorm Insurance Association member companies that want to participate in the Assumption Reinsurance Depopulation Program may now submit required documentation to both TWIA and the Texas Department of Insurance (TDI), the organization announced. The deadline for submissions is Aug. …
26
07, 2016
Lachance Joins New Hampshire’s Aspen Agency
Joseph Lachance has joined the sales team at Aspen Insurance Agency in Manchester, New Hampshire, where he will focus on personal lines and mid-size commercial lines business. Lachance is a licensed insurance producer with a background in education and law …
26
07, 2016
4 Months of Hand-Held Speed Cameras Generate $630K for Ohio City
Toledo, Ohio, collected almost $630,000 during its first four months of using hand-held cameras to catch speeding drivers, providing a financial boost to a city facing budget troubles. The program was expected to generate $800,000 in a year but is …
26
07, 2016
Zenefits Settles With Tennessee Over Unlicensed Health Insurance Sales
Zenefits reached its first settlement with a state government over its use of unlicensed health insurance brokers, an issue that prompted investigations in at least three other states and led its founding chief executive officer to resign this year. As part of …
25
07, 2016
Washington Tunnel Contractors File $11M Lawsuit
The contractors who built Bertha the tunnel machine in Washington two years ago have filed a lawsuit seeking $11 million in extra pay. The Seattle Times reported that the contractors contend that their efforts working with tough soil conditions cost …
25
07, 2016
AIG’s Jones Named COO at TDC Risk Management
High net worth personal insurance firm TDC Risk Management (TDC), based in Maumee, Ohio, has hired Greg Jones as chief operating officer. Jones joins the closely held firm in support of its continued strong growth and further expansion of the business. …
25
07, 2016
CoVerica Promotes Sutter, Bracken and Sterlacci
Dallas-based independent insurance agency CoVerica announced it has promoted three executives. John Sutter has been promoted to the position of president for CoVerica Inc. Sutter will continue to report to Mike Sterlacci, chairman and CEO, and will oversee retail operations …
25
07, 2016
Woman’s Joplin Tornado-Related Suit Against Home Depot Tossed
A federal judge has tossed out a woman’s lawsuit against Home Depot over the deaths of her husband and two children who had sought refuge inside the big-box store destroyed during the devastating 2011 tornado in Joplin, Mo. U.S. District …
25
07, 2016
Texas Attorney: Information-Heavy Healthcare a Huge Target for Cyber Crime
Healthcare organizations contain a wealth of personal information, making them them the number one target for cyber breaches, according to a Houston-based attorney who specializes in healthcare privacy. Lynn Sessions, a partner in BakerHostetler’s Houston office, has been working with …
25
07, 2016
Great American Insurance to Acquire National Interstate Corporation
National Interstate Corp. (National Interstate), based in Richfield, Ohio, announced it has agreed to be acquired by Great American Insurance Co. (Great American), a wholly-owned subsidiary of American Financial Group Inc. (AFG). Under the terms of the agreement, Great American …