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09, 2015
Freddie Gray’s Family Reaches $6.4M Settlement With City of Baltimore
The family of Freddie Gray, who died after being critically injured in police custody, reached a tentative $6.4 million wrongful death settlement with the city of Baltimore, resolving civil claims about a week after the first hearing in the criminal …
The article Freddie Gray’s Family Reaches $6.4M Settlement With City of Baltimore appeared first on Insurance Journal.
11
09, 2015
Marsh Makes Offer for Jelf Group, UK-Based Independent Broker
Marsh announced it has made an offer to acquire the entire ordinary share capital of Jelf Group plc, a UK-based independent insurance broker and financial services consultancy. The transaction, which is subject to customary conditions, including approval by the regulatory …
The article Marsh Makes Offer for Jelf Group, UK-Based Independent Broker appeared first on Insurance Journal.
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09, 2015
Treasury Increases Main Street America’s Surety Bond Capacity to $93.4 Million
The U.S. Department of the Treasury has raised The Main Street America Group’s NGM Insurance Company’s single surety bond capacity threshold to $93.4 million. The Jacksonville, Fla.-based super-regional property/casualty insurance carrier’s previous capacity was $90.5 million. According to a statement …
The article Treasury Increases Main Street America’s Surety Bond Capacity to $93.4 Million appeared first on Insurance Journal.
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09, 2015
Lighthouse Property Insurance Adds Gomez as Texas Marketing Rep
Lighthouse Property Insurance Corp., based in Orlando, Fla., appointed Maureen Gomez as marketing representative for Texas. With more than 22 years of experience in the insurance industry, Gomez has held marketing, underwriting and relationship management positions. Prior to Lighthouse, she served as …
The article Lighthouse Property Insurance Adds Gomez as Texas Marketing Rep appeared first on Insurance Journal.
11
09, 2015
Money Lacking to Replace, Repair Missouri’s Bridges
Hundreds of bridges across Missouri need repairs or replacing but the state agency that oversees bridges doesn’t have the money for the work, according to transportation officials. The Missouri Department of Transportation says it’s still paying off debt it assumed …
The article Money Lacking to Replace, Repair Missouri’s Bridges appeared first on Insurance Journal.
11
09, 2015
AIG Loses Appeal Over Foreign Tax Credits
A U.S. appeals court on Wednesday rejected efforts by American International Group Inc. and Bank of New York Mellon Corp. to recoup hundreds of millions of dollars of foreign tax credits that the Internal Revenue Service did not allow. By …
The article AIG Loses Appeal Over Foreign Tax Credits appeared first on Insurance Journal.
1
09, 2015
CAA Expanding into Nebraska; Elliott to Lead New Central Region
The Texas-based agency partnership Combined Agents of America LLC (CAA) announced it is expanding into Nebraska and elected Rick Elliott to serve as central regional vice president. The insurance agency aggregator will be actively seeking out growth-focused independent agencies in …
The article CAA Expanding into Nebraska; Elliott to Lead New Central Region appeared first on Insurance Journal.
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09, 2015
Drivers Convicted, Jailed for Crashes Now Blamed on Car Defects
Lakisha Ward-Green spent three months in jail after she lost control of her Chevrolet Cobalt, killing her teenage passenger. Last week, a Pennsylvania judge, citing “newly discovered evidence” erased her guilty plea. The new evidence: the February 2014 recall by …
The article Drivers Convicted, Jailed for Crashes Now Blamed on Car Defects appeared first on Insurance Journal.
9
09, 2015
Report: Florida Ranks 2nd in U.S. in Natural Disaster Risk
A new report says Florida ranks second only to California in the number of homes at risk for a natural disaster. The research firm, RealtyTrac, said in a report released last week that Florida had 6.7 million homes in counties …
The article Report: Florida Ranks 2nd in U.S. in Natural Disaster Risk appeared first on Insurance Journal.
11
09, 2015
New Food Safety Rules Aim to Avoid Another Blue Bell
Sweeping new rules meant to curtail food borne illnesses that sicken one in six Americans each year will require food companies to create and follow new preventive safety measures, U.S. regulators announced on Sept. 10. The rules require food companies to develop …
The article New Food Safety Rules Aim to Avoid Another Blue Bell appeared first on Insurance Journal.