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Colorado Law Targets Frivolous Patent Lawsuits
Colorado will start prosecuting so-called patent trolls, businesses and individuals who falsely claim to have the rights to an idea or product so they can intimidate inventors and companies into doling out money to settle or avoid lawsuits. A bill …
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Michigan Lawmakers OK Alcohol on Liability-Insured ‘Pedal Pubs’
People would be able to drink alcohol on certain pedal-powered vehicles under legislation going to Michigan Gov. Rick Snyder for consideration. The state House on June 18 gave final approval to the two bills. The bills would allow alcohol to …
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AXIS Capital Not Engaged in Buyout Talks with Arch – Sources
AXIS Capital Holdings Ltd. has not communicated with any potential acquirer, including Arch Capital Ltd., since it engaged in merger talks with competitor PartnerRe Ltd last fall, people familiar with the matter said on Thursday. The Financial Times wrote on …
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Hiscox Appoints Worth as Interim CFO
Bermuda-based Hiscox announced that John Worth will join the company on June 22, and, subject to regulatory approval, will be appointed interim chief financial officer with effect from September 1, 2015. Worth’s appointment is designed to provide continuity in oversight …
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Southern California Forest Fire 17 Sq. Miles And Growing
The huge fire burning in the San Bernardino National Forest east of Los Angeles has grown by another thousand acres and has now scorched more than 17 square miles of mountains. The U.S. Forest Service says the blaze sending up …
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Celebrating 10 Years, Willis of Austin Announces 10 New Hires
Announcing it is celebrating its tenth anniversary, risk advisor, re/insurance broker and human capital and benefits firm, Willis of Austin, also reported it has hired 10 new colleagues this year. The new hires in the Austin, Texas, office are: Matt …
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Market Strategies International Adds Bowler to Financial Services Team
Market research firm, Market Strategies International, has added insurance industry veteran Jeremy Bowler as a senior vice president of research and consulting in the Financial Services division in Detroit. Bowler brings more than 25 years of experience in marketing and …
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Denton, Texas Officials Repeal Voter-Approved Fracking Ban
Leaders of a North Texas university town that was the first in the state to ban hydraulic fracturing repealed the voter-approved measure early on June 17, sounding a tone of capitulation to the state’s powerful oil and gas interests after …
The article Denton, Texas Officials Repeal Voter-Approved Fracking Ban appeared first on Insurance Journal.
Fire Insurance Rates to Drop in Parts of Louisiana Parish
Louisiana Commissioner of Insurance Jim Donelon says some East Feliciana Parish residents will see a drop in fire insurance rates. WAFB-TV reports homeowners living in Jackson, outside of Jackson corporate limits, and Wilson, outside of the Wilson corporate limits, can …
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Kliewer Elected Chair of the Independent Insurance Agents of Texas
The Independent Insurance Agents of Texas (IIAT) elected Bill Kliewer, managing partner at BKCW in Killeen, to serve as chairman for 2015-2016. Kliewer has more than 35 years of insurance, financial and management experience, Kliewer is among the leaders in his field. …
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