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California Insurance Company Oversight Law Signed
California Gov. Jerry Brown has signed Assembly Bill 553, which establishes new oversight aimed at reducing the number of insurance company insolvencies. AB 553 was authored by Assemblyman Tom Daly, D-Anaheim, and was sponsored by Insurance Commissioner Dave Jones and …
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Johnson & Johnson Acquires John Handel & Associates in Florida
Managing general agency Johnson & Johnson, Inc. (J&J) has acquired John Handel & Associates, Inc. (JHA), located in St. Petersburg, Fla. Under its new ownership, JHA will continue to offer the same products and services throughout the state of Florida, …
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Former Insurance Regulator Bottalico Joins Locke Lord in California
Alfred W. Bottalico, former deputy commissioner for the financial surveillance branch of the California Department of Insurance, has joined Locke Lord LLP’s global regulatory and transactional insurance practice group in Los Angeles, Calif. as an insurance specialist. Bottalico has 38 …
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Pennsylvania’s Mill Creek Flood of 1915 Re-Examined
Erie, Pennsylvania, has had some tragic days, but Aug. 3, 1915, ranks at the top. At 8:45 p.m. that Tuesday, a wall of water tore through the city at 25 mph, lifting houses from their foundations, ripping pavement from streets …
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Former California School District Admin to Get $300K Settlement
A former deputy superintendent for the Twin Rivers Unified School District in Northern California will receive $300,000, settling a lawsuit she filed against district officials after she was fired in 2012. The Sacramento Bee reported the school district, its former …
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Liberty Mutual Had a ‘Messy’ Second Quarter
“Things got a bit messy in the second quarter.” That’s how David Long, chairman and CEO of Liberty Mutual Holding Co., summarized his firm’s second quarter results, which saw a 36 percent decline in consolidated net income to $249 million, …
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Tenn. Highway Patrol Says Fewer Traffic Deaths Reported So Far This Year
The Tennessee Highway Patrol says fewer traffic-related deaths are being reported on roadways so far this year. WBIR-TV reports that that as of Aug. 11, there had been 50 fewer deaths than reported last year in the same time frame. …
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The Villages Insurance Promotes Decker to Managing Advisor in Florida
The Villages Insurance promoted Shannon Decker to managing advisor from personal lines advisor at its Colony Plaza office in The Villages, Florida. Decker, a former employee of the local AAA office, has been working in the insurance industry for over …
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Lightning Sparks Roughly 30 Fires in Colorado
Lightning across northwestern Colorado is suspected of sparking about 30 fires over the weekend, keeping firefighters running from one fire to another. The largest of the wildfires is the Four Mile Fire, which is burning on just over 1,000 acres …
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Huge Explosions & Fire in Chinese Port of Tianjin Kill 44; Firemen Missing
Two huge explosions tore through an industrial area where toxic chemicals and gas were stored in the northeast Chinese port city of Tianjin, killing at least 44 people, including at least a dozen fire fighters, officials and state media said …
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