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Below-Normal Atlantic Hurricane Season Now Even More Likely: NOAA
The U.S. Climate Prediction Center’s updated 2015 Atlantic Hurricane Season Outlook calls for a 90 percent chance of a below-normal hurricane season. A below-normal season is now even more likely than predicted in May, when the likelihood of a below-normal …
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Green Joins M.D. Jensvold as Senior Broker
Pat Green has joined Texas-based insurance wholesaler M.D. Jensvold as a senior broker. Green has more than 15 years of sales experience. Most recently, he was vice president/casualty broker with Oxford Insurance Services in Houston. Source: M.D. Jensv...
California Mural’s Destruction Prompts Artist to Sue Business Owners
An Oakland, Calif. artist who painted a 98-foot-long mural depicting Lake Merritt on the side of an auto dealership nearly 30 years ago is suing the current and past operators of the building. The Oakland Tribune reported Dan Fontes is …
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New York Launches Task Force to Investigate Corruption in Construction Industry
New York’s building boom has spurred the formation of a task force to probe corruption in the construction industry after a worker was killed earlier this year. The task force of prosecutors and inspectors was announced Wednesday after two men …
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Auto Losses Seen Cutting P/C Insurance Profits Until 2016
The property/casualty insurance industry has made money on its personal lines underwriting since 2013 but that is likely to change in 2015. At the same time, commercial auto insurance should still make an underwriting profit in 2015 although it is …
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OSHA: 33 Injured in Missouri Aluminum Plant Explosion
Preliminary investigations indicate molten aluminum hitting water caused explosions that injured more than 30 employees at a southeast Missouri aluminum plant, a federal agency said. The U.S. Department of Labor’s Occupational Safety and Health Administration is investigating the explosions that …
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Billionaire Sterling Sues TMZ, Friend Over Clippers Loss
Billionaire Donald Sterling sued celebrity website TMZ and an ex-girlfriend over the recording of his off-color remarks that cost him ownership of the Los Angeles Clippers. Sterling’s lawsuit filed last week in Los Angeles Superior Court accused TMZ and V. Stiviano …
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Lafayette, Louisiana Officials Mull Insurance, Regulations for Uber
The Lafayette City-Parish Council is considering new regulations to require Uber and similar companies to do regular background checks on contract drivers, inspect vehicles and carry insurance above and beyond what state law requires for drivers. The Advocate reports the …
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Insurance Trade Press Editors Address Future of Print Media at IMCA
Insurance trade press editors told industry marketing and communications professionals that, despite the rush of readers and advertisers to digital, they believe print magazines will be around for at least another five to 10 years and possibly longer. They also …
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Pipeline Explosion in South Texas Injures 2; Spurs Evacuations
Authorities say the explosion of a natural gas pipeline near the small South Texas town of Falfurrias injured two people and prompted the evacuation about 150 homes. An official with the Brooks County sheriff’s office said the explosion occurred at …
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