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24
06, 2016
TWFG Honors Top Agents with Awards
The Woodlands, Texas-based The Woodlands Financial Group announced its annual agent awards at the group’s recent national convention. President and CEO Gordy Bunch inducted 20 new members into the Million Dollar Club and welcomed three new members into the TWFG President’s Club. …
28
06, 2016
S&P and Fitch Chop Britain’s ‘AAA’ Rating After Brexit Vote
Britain suffered further blows to its economic standing on Monday as two top ratings agencies downgraded its sovereign credit score, judging last week’s vote to leave the European Union would hurt its economy. Standard & Poor’s stripped Britain of its …
28
06, 2016
Nevada Law Requires Nevada Motorists to Replace Plates Every 8 Years
Nevada motorists will have to replace their vehicle license plates every eight years. A bill approved by last year’s Legislature to address law enforcement agencies’ complaints about many plates being unreadable will go into effect July 1. Department of Motor …
29
06, 2016
China’s Fosun Looks at UK, Europe Investments on Brexit Volatility
Fosun Group, China’s biggest private conglomerate, will look for more opportunities in the United Kingdom and Europe in the volatile wake of Britain’s referendum vote to leave the European Union, the company’s billionaire co-founder and chairman said at a Reuters …
29
06, 2016
UConn Pilots Gunshot Detection System, a Gift from an Alumnus
A new gunshot detection system developed and donated by a University of Connecticut alumnus is now in place at the school as part of a pilot program. UConn’s police department over the past month installed the computer technology, which includes …
7
07, 2016
University of North Carolina Settles Football Hazing Case for $795K
The University of North Carolina has reached a settlement after a college football player said he suffered a concussion during an off-campus hazing incident. Citing a copy of the settlement it obtained June 21, the News & Observer of Raleigh …
28
06, 2016
AIR Worldwide Introduces Earthquake Model for India
Catastrophe risk modeler AIR Worldwide, a Verisk Analytics business, has released a new earthquake model for India that estimates losses to residential, commercial and small industrial buildings as well as automobiles. The model’s seismicity analysis covers areas with seismic activity …
29
06, 2016
5 Specialty Insurance Coverages Reserved for Municipal Airports
Municipal airports, as well as the authorities and fix-base operators that manage many of their activities, must navigate a wide range of potential liability exposures related to the safety and security of passengers, aircraft, materials and equipment on their premises. …
24
06, 2016
California Commissioner Asks National Regulators to Block Aetna-Humana Deal
California’s insurance commissioner on Thursday urged national antitrust regulators to block health insurer Aetna Inc’s proposed $34 billion acquisition of Humana Inc. David Jones, whose state Department of Insurance does not have authority to block the deal, said the acquisition …
28
06, 2016
Texas Workers’ Comp Discount, Interest Rate Set for Q3
The Texas Department of Insurance, Division of Workers’ Compensation has set the rate for any interest or discount provided for the third quarter of 2016 at 4.03 percent. This rate is computed by using the treasury constant maturity rate for …