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4
08, 2015
Louisiana Citizens Insurance Rebate Being Lowered
Everyone in Louisiana who buys property insurance will lose 28 percent of a tax credit they can get for covering the debt of the state’s property insurer of last resort. In addition, the reduction is retroactive, meaning those who failed …
The article Louisiana Citizens Insurance Rebate Being Lowered appeared first on Insurance Journal.
5
08, 2015
Companies Must Report CEO-to-Worker Pay Ratio Under New SEC Rule
The U.S. Securities and Exchange Commission approved a rule Wednesday requiring companies to reveal the pay gap between the chief executive officer and their typical worker, handing a new weapon to groups protesting rising income inequality. The commission voted 3 …
The article Companies Must Report CEO-to-Worker Pay Ratio Under New SEC Rule appeared first on Insurance Journal.
5
08, 2015
Summer Flooding Causing Damage, Evacuations in Tampa Bay Area
A summer deluge has flooded streets in the Tampa Bay area, forcing some road closings and evacuations, delaying airline flights and overtaxing parts of local wastewater treatment systems. Major intersections were closed Monday near downtown Tampa, snarling traffic throughout the …
The article Summer Flooding Causing Damage, Evacuations in Tampa Bay Area appeared first on Insurance Journal.
7
08, 2015
California Agency Becomes Consolidated Agency Partners’ 200th Member
Greg O’Brien Insurance Services in Santa Barbara, Calif. has become Consolidated Agency Partners Inc.’s 200th agency member. Reno, Nev.-based CAP offers a range of commercial and personal carrier products. CAP has offices in Nevada, California and Michigan.
The article California Agency Becomes Consolidated Agency Partners’ 200th Member appeared first on Insurance Journal.
4
08, 2015
Hundreds of Entities Seek Share of Ohio Rock Salt Settlement
Hundreds of local governments and other public entities are seeking a share of Ohio’s $11.5 million settlement with two rock salt producers that were accused of conspiring to drive up prices. The state alleged that Morton Salt Inc. and Cargill …
The article Hundreds of Entities Seek Share of Ohio Rock Salt Settlement appeared first on Insurance Journal.
5
08, 2015
Michigan’s J.M. Wilson Adds White, Nichols as Underwriters
Portage, Mich.-based insurance wholesaler, J.M. Wilson, has added two new property/casualty underwriters: Blayne White and Robbin Nichols. Both White and Nichols will quote new and renewal commercial property/casualty risks and serve independent insurance agents in Michigan. White graduated from Olivet …
The article Michigan’s J.M. Wilson Adds White, Nichols as Underwriters appeared first on Insurance Journal.
4
08, 2015
MEMIC Hires Hartt as Agency Services Administrator in Maine
The MEMIC Group, a workers’ compensation insurer based in Portland, Maine, hired Marcia Hartt as agency services administrator to enhance MEMIC’s relationship with insurance agencies. She is based in MEMIC’s Portland headquarters office. Hartt began her career in insurance in …
The article MEMIC Hires Hartt as Agency Services Administrator in Maine appeared first on Insurance Journal.
7
08, 2015
Allianz 2nd Quarter Profit Rises 15%, Spurred by P&C Earnings
Allianz SE, Europe’s biggest insurer, said second-quarter profit rose 15 percent, spurred by earnings from property and casualty. Net income increased to 2.02 billion euros ($2.2 billion) from 1.76 billion euros [$1.9 billion] a year earlier, the Munich-based company said …
The article Allianz 2nd Quarter Profit Rises 15%, Spurred by P&C Earnings appeared first on Insurance Journal.
4
08, 2015
Golf Carts on Roads Increasingly Common in Southern Illinois Cities
A mode of transportation that took hold in retirement communities is becoming increasingly acceptable in some small southern Illinois cities. The (Carbondale) Southern Illinoisan reports that the Benton City Council will consider a proposal to allow golf carts on city …
The article Golf Carts on Roads Increasingly Common in Southern Illinois Cities appeared first on Insurance Journal.
5
08, 2015
Ohio Couple Awarded $1.3M for Diesel Pumped into Basement
A jury has awarded than $1.3 million in damages to a couple whose southern Ohio farmhouse was made inhabitable when a fuel deliverer mistakenly pumped 600 gallons of diesel into their basement. The Ross County jury awarded the money to …
The article Ohio Couple Awarded $1.3M for Diesel Pumped into Basement appeared first on Insurance Journal.