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6
07, 2015
Investigation Underway in Fiery Tennessee Train Crash
About 5,000 residents evacuated after the derailment of a freight train carrying flammable and toxic gas in eastern Tennessee were allowed home on Friday as investigators looked into the cause of the fiery accident. Authorities were examining the black box …
The article Investigation Underway in Fiery Tennessee Train Crash appeared first on Insurance Journal.
6
07, 2015
Texas Mutual Pays $4M-Plus Dividend to Texas Oil & Gas Assoc. Group
Austin-based Texas Mutual Insurance Co., a policyholder-owned company, announced it awarded a dividend of $4,019,352 to the Texas Oil & Gas Association (TXOGA) safety group. The dividend was earned based on the group members’ dedication to making safety a priority …
The article Texas Mutual Pays $4M-Plus Dividend to Texas Oil & Gas Assoc. Group appeared first on Insurance Journal.
6
07, 2015
Can Lower-Income Households Afford to Live at the Jersey Shore Anymore?
It was a Superstorm Sandy double-whammy. About 15,600 rental units in New Jersey sustained severe damage during the hurricane, forcing thousands of renters out of their homes. These newly homeless tenants quickly learned that they were priced out of the …
The article Can Lower-Income Households Afford to Live at the Jersey Shore Anymore? appeared first on Insurance Journal.
6
07, 2015
Ohio OKs Fosun Acquisition of Meadowbrook Insurance Sub
Meadowbrook Insurance Group Inc., based in Southfield, Mich., that on July 1, 2015, Fosun International Limited received the required approval from the Ohio Department of Insurance regarding the acquisition of control of Meadowbrook’s insurance company subsidiary, Century Surety Co., domiciled …
The article Ohio OKs Fosun Acquisition of Meadowbrook Insurance Sub appeared first on Insurance Journal.
6
07, 2015
Couples Sue Kentucky Clerk Denying Gay-Marriage Licenses
Four Kentucky couples are suing a clerk who is refusing to issue gay-marriage licenses – or any marriage licenses at all – following the U.S. Supreme Court decision that same-sex couples have a legal right to marry. The American Civil …
The article Couples Sue Kentucky Clerk Denying Gay-Marriage Licenses appeared first on Insurance Journal.
6
07, 2015
Lovell Minnick Invests in Worldwide Facilities in California
Los Angeles, Calif.-based Worldwide Facilities LLC has received a large investment from private equity firm Lovell Minnick Partners. Following the deal Worldwide Facilities will continue to be majority-owned by its employees. The terms were not disclosed. Waller Helms Advisors LLC …
The article Lovell Minnick Invests in Worldwide Facilities in California appeared first on Insurance Journal.
6
07, 2015
Bell Joins Leavitt Group in Montana
Donovan Bell has joined Leavitt Great West Insurance Services as a producer in its Bozeman, Mont. office. Bell will focus on insurance for the hospitality and tourism industry, such as dude ranches, resorts, restaurants, bars, and breweries. He also brings …
The article Bell Joins Leavitt Group in Montana appeared first on Insurance Journal.
6
07, 2015
Commercial Insurance Prices Remain Static for Fourth Month
Commercial insurance rates have barely budged at all over the last four months, according to the MarketScout report for June. Only the business interruption line saw rates go was down in June from last month and those were only down …
The article Commercial Insurance Prices Remain Static for Fourth Month appeared first on Insurance Journal.
6
07, 2015
Court Upholds Unpaid Internships with Educational Value
Unpaid internships are legal when they are closely tied to interns’ educations, a U.S. appeals court in Manhattan said on Thursday in reversing a decision that Fox Searchlight Pictures Inc. broke the law by not paying interns. The lower courts …
The article Court Upholds Unpaid Internships with Educational Value appeared first on Insurance Journal.
6
07, 2015
Aon Benfield Calls for More Industry-Wide Cat Modelling Initiatives
Aon Benfield, the global reinsurance intermediary and capital advisor of Aon plc, issued a call to the insurance industry to “collaborate to innovate, in order to obtain the most useful risk management insights from catastrophe models.” The call coincides with …
The article Aon Benfield Calls for More Industry-Wide Cat Modelling Initiatives appeared first on Insurance Journal.